Filed: 5/15/2023ACC: 0001604867-23-000006
📋 What this filing means
SOLAS CAPITAL MANAGEMENT, LLC filed this quarterly 13F‑HR report disclosing 26 equity positions with a total reported market value of $187.28M. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.
26
Positions
$187.28M
Total AUM (reported)
34.50M
Total Shares
Allocation by class
COM$96.97M51.8%
COMMON STOCK$17.14M9.2%
SHS$12.67M6.8%
COM CL A$12.35M6.6%
COM CL C$11.90M6.4%
ORD SHS$9.32M5.0%
COM STOCK$8.39M4.5%
Portfolio Concentration
Top 3$44.30M23.7%
4–10$74.46M39.8%
11–25$67.91M36.3%
Rest$604.7K0.3%
Top 3 weight
23.7%
Top 10 weight
63.4%
Voting Authority Distribution
Total shares with voting rights: 34.50M
Sole
Full voting authority
34.50M
shares
% of voting shares100.0%
Shared
Joint voting authority
0.00
shares
% of voting shares0.0%
None
No voting authority
0.00
shares
% of voting shares0.0%
Investment Discretion (by position count)
Sole26
Shared0
Other0
Dominant voting typeSole · 100.0% of voting shares
Institutional Holdings26
Rows:
EPSILON ENERGY LTD
SOLEShares3.61M
TypeSH
Market value$19.27M
10.29%
Sole
3.61M
Shared
0.00
None
0.00
ARDAGH METAL PACKAGING S A
SOLEShares3.11M
TypeSH
Market value$12.67M
6.77%
Sole
3.11M
Shared
0.00
None
0.00
ZIMVIE INC
SOLEShares1.71M
TypeSH
Market value$12.36M
6.60%
Sole
1.71M
Shared
0.00
None
0.00
SWEETGREEN INC
SOLEShares1.58M
TypeSH
Market value$12.35M
6.60%
Sole
1.58M
Shared
0.00
None
0.00
LIBERTY LATIN AMERICA LTD
SOLEShares1.44M
TypeSH
Market value$11.90M
6.36%
Sole
1.44M
Shared
0.00
None
0.00
ALGOMA STL GROUP INC
SOLEShares1.33M
TypeSH
Market value$10.73M
5.73%
Sole
1.33M
Shared
0.00
None
0.00
FENNEC PHARMACEUTICALS INC
SOLEShares1.28M
TypeSH
Market value$10.69M
5.71%
Sole
1.28M
Shared
0.00
None
0.00
KYNDRYL HLDGS INC
SOLEShares709.95K
TypeSH
Market value$10.48M
5.60%
Sole
709.95K
Shared
0.00
None
0.00
COGNYTE SOFTWARE LTD
SOLEShares2.75M
TypeSH
Market value$9.32M
4.97%
Sole
2.75M
Shared
0.00
None
0.00
THE AARONS COMPANY INC
SOLEShares930.97K
TypeSH
Market value$8.99M
4.80%
Sole
930.97K
Shared
0.00
None
0.00
CALIFORNIA RES CORP
SOLEShares218K
TypeSH
Market value$8.39M
4.48%
Sole
218K
Shared
0.00
None
0.00
GAP INC
SOLEShares828.75K
TypeSH
Market value$8.32M
4.44%
Sole
828.75K
Shared
0.00
None
0.00
FTAI INFRASTRUCTURE INC
SOLEShares2.22M
TypeSH
Market value$6.66M
3.56%
Sole
2.22M
Shared
0.00
None
0.00
NCR CORP NEW
SOLEShares273.81K
TypeSH
Market value$6.46M
3.45%
Sole
273.81K
Shared
0.00
None
0.00
SPORTSMANS WHSE HLDGS INC
SOLEShares695.44K
TypeSH
Market value$5.90M
3.15%
Sole
695.44K
Shared
0.00
None
0.00
ORION OFFICE REIT INC
SOLEShares812.01K
TypeSH
Market value$5.44M
2.90%
Sole
812.01K
Shared
0.00
None
0.00
FLEX LTD
SOLEShares220K
TypeSH
Market value$5.06M
2.70%
Sole
220K
Shared
0.00
None
0.00
GARRETT MOTION INC
SOLEShares497K
TypeSH
Market value$4.42M
2.36%
Sole
497K
Shared
0.00
None
0.00
QUANTUM CORP
SOLEShares3.73M
TypeSH
Market value$4.29M
2.29%
Sole
3.73M
Shared
0.00
None
0.00
LEE ENTERPRISES INC
SOLEShares266.88K
TypeSH
Market value$3.32M
1.77%
Sole
266.88K
Shared
0.00
None
0.00
GULF IS FABRICATION INC
SOLEShares881.72K
TypeSH
Market value$3.26M
1.74%
Sole
881.72K
Shared
0.00
None
0.00
CIVEO CORP CDA
SOLEShares123.60K
TypeSH
Market value$2.55M
1.36%
Sole
123.60K
Shared
0.00
None
0.00
SONIDA SENIOR LIVING INC
SOLEShares328.29K
TypeSH
Market value$2.23M
1.19%
Sole
328.29K
Shared
0.00
None
0.00
NATURAL RESOURCE PARTNERS L
SOLEShares18.29K
TypeSH
Market value$954.5K
0.51%
Sole
18.29K
Shared
0.00
None
0.00
MODULAR MED INC
SOLEShares452.15K
TypeSH
Market value$655.6K
0.35%
Sole
452.15K
Shared
0.00
None
0.00
| Issuer | Class | Shares | Type | Value / Portfolio % | Voting — Sole | Shared | None |
|---|---|---|---|---|---|---|---|
EPSILON ENERGY LTDSOLE | COM | 3.61M | SH | $19.27M 10.29% | 3.61M | 0.00 | 0.00 |
ARDAGH METAL PACKAGING S ASOLE | SHS | 3.11M | SH | $12.67M 6.77% | 3.11M | 0.00 | 0.00 |
ZIMVIE INCSOLE | COM | 1.71M | SH | $12.36M 6.60% | 1.71M | 0.00 | 0.00 |
SWEETGREEN INCSOLE | COM CL A | 1.58M | SH | $12.35M 6.60% | 1.58M | 0.00 | 0.00 |
LIBERTY LATIN AMERICA LTDSOLE | COM CL C | 1.44M | SH | $11.90M 6.36% | 1.44M | 0.00 | 0.00 |
ALGOMA STL GROUP INCSOLE | COM | 1.33M | SH | $10.73M 5.73% | 1.33M | 0.00 | 0.00 |
FENNEC PHARMACEUTICALS INCSOLE | COM | 1.28M | SH | $10.69M 5.71% | 1.28M | 0.00 | 0.00 |
KYNDRYL HLDGS INCSOLE | COMMON STOCK | 709.95K | SH | $10.48M 5.60% | 709.95K | 0.00 | 0.00 |
COGNYTE SOFTWARE LTDSOLE | ORD SHS | 2.75M | SH | $9.32M 4.97% | 2.75M | 0.00 | 0.00 |
THE AARONS COMPANY INCSOLE | COM | 930.97K | SH | $8.99M 4.80% | 930.97K | 0.00 | 0.00 |
CALIFORNIA RES CORPSOLE | COM STOCK | 218K | SH | $8.39M 4.48% | 218K | 0.00 | 0.00 |
GAP INCSOLE | COM | 828.75K | SH | $8.32M 4.44% | 828.75K | 0.00 | 0.00 |
FTAI INFRASTRUCTURE INCSOLE | COMMON STOCK | 2.22M | SH | $6.66M 3.56% | 2.22M | 0.00 | 0.00 |
NCR CORP NEWSOLE | COM | 273.81K | SH | $6.46M 3.45% | 273.81K | 0.00 | 0.00 |
SPORTSMANS WHSE HLDGS INCSOLE | COM | 695.44K | SH | $5.90M 3.15% | 695.44K | 0.00 | 0.00 |
ORION OFFICE REIT INCSOLE | COM | 812.01K | SH | $5.44M 2.90% | 812.01K | 0.00 | 0.00 |
FLEX LTDSOLE | ORD | 220K | SH | $5.06M 2.70% | 220K | 0.00 | 0.00 |
GARRETT MOTION INCSOLE | PFD CONV SER A | 497K | SH | $4.42M 2.36% | 497K | 0.00 | 0.00 |
QUANTUM CORPSOLE | COM NEW | 3.73M | SH | $4.29M 2.29% | 3.73M | 0.00 | 0.00 |
LEE ENTERPRISES INCSOLE | COM | 266.88K | SH | $3.32M 1.77% | 266.88K | 0.00 | 0.00 |
GULF IS FABRICATION INCSOLE | COM | 881.72K | SH | $3.26M 1.74% | 881.72K | 0.00 | 0.00 |
CIVEO CORP CDASOLE | COM NEW | 123.60K | SH | $2.55M 1.36% | 123.60K | 0.00 | 0.00 |
SONIDA SENIOR LIVING INCSOLE | COM | 328.29K | SH | $2.23M 1.19% | 328.29K | 0.00 | 0.00 |
NATURAL RESOURCE PARTNERS LSOLE | COM UNIT LTD PAR | 18.29K | SH | $954.5K 0.51% | 18.29K | 0.00 | 0.00 |
MODULAR MED INCSOLE | COM NEW | 452.15K | SH | $655.6K 0.35% | 452.15K | 0.00 | 0.00 |
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