Filed: 8/14/2023ACC: 0001604867-23-000008
📋 What this filing means
SOLAS CAPITAL MANAGEMENT, LLC filed this quarterly 13F‑HR report disclosing 21 equity positions with a total reported market value of $150.29M. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.
21
Positions
$150.29M
Total AUM (reported)
25.37M
Total Shares
Allocation by class
COM$90.57M60.3%
COMMON STOCK$16.61M11.1%
SHS$12.29M8.2%
COM NEW$10.18M6.8%
COM CL C$8.66M5.8%
COM STOCK$6.20M4.1%
ORD SHS$4.80M3.2%
Portfolio Concentration
Top 3$44.27M29.5%
4–10$63.65M42.4%
11–25$42.37M28.2%
Top 3 weight
29.5%
Top 10 weight
71.8%
Voting Authority Distribution
Total shares with voting rights: 25.37M
Sole
Full voting authority
25.37M
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)
Sole21
Shared0
Other0
Dominant voting typeSole · 100.0% of voting shares
Institutional Holdings21
Rows:
EPSILON ENERGY LTD
SOLEShares3.61M
TypeSH
Market value$19.27M
12.82%
Sole
3.61M
Shared
0.00
None
0.00
FENNEC PHARMACEUTICALS INC
SOLEShares1.44M
TypeSH
Market value$12.71M
8.45%
Sole
1.44M
Shared
0.00
None
0.00
ARDAGH METAL PACKAGING S A
SOLEShares3.27M
TypeSH
Market value$12.29M
8.18%
Sole
3.27M
Shared
0.00
None
0.00
THE AARONS COMPANY INC
SOLEShares852.57K
TypeSH
Market value$12.06M
8.02%
Sole
852.57K
Shared
0.00
None
0.00
ALGOMA STL GROUP INC
SOLEShares1.59M
TypeSH
Market value$11.31M
7.53%
Sole
1.59M
Shared
0.00
None
0.00
KYNDRYL HLDGS INC
SOLEShares772.05K
TypeSH
Market value$10.25M
6.82%
Sole
772.05K
Shared
0.00
None
0.00
LIBERTY LATIN AMERICA LTD
SOLEShares1M
TypeSH
Market value$8.66M
5.76%
Sole
1M
Shared
0.00
None
0.00
GAP INC
SOLEShares844.25K
TypeSH
Market value$7.54M
5.02%
Sole
844.25K
Shared
0.00
None
0.00
SPORTSMANS WHSE HLDGS INC
SOLEShares1.31M
TypeSH
Market value$7.47M
4.97%
Sole
1.31M
Shared
0.00
None
0.00
FTAI INFRASTRUCTURE INC
SOLEShares1.72M
TypeSH
Market value$6.36M
4.23%
Sole
1.72M
Shared
0.00
None
0.00
CALIFORNIA RES CORP
SOLEShares137K
TypeSH
Market value$6.20M
4.13%
Sole
137K
Shared
0.00
None
0.00
ORION OFFICE REIT INC
SOLEShares812.01K
TypeSH
Market value$5.37M
3.57%
Sole
812.01K
Shared
0.00
None
0.00
CIVEO CORP CDA
SOLEShares264.40K
TypeSH
Market value$5.15M
3.43%
Sole
264.40K
Shared
0.00
None
0.00
GARRETT MOTION INC
SOLEShares662.50K
TypeSH
Market value$5.02M
3.34%
Sole
662.50K
Shared
0.00
None
0.00
COGNYTE SOFTWARE LTD
SOLEShares788.76K
TypeSH
Market value$4.80M
3.20%
Sole
788.76K
Shared
0.00
None
0.00
LEE ENTERPRISES INC
SOLEShares307.48K
TypeSH
Market value$4.10M
2.73%
Sole
307.48K
Shared
0.00
None
0.00
QUANTUM CORP
SOLEShares3.74M
TypeSH
Market value$4.04M
2.69%
Sole
3.74M
Shared
0.00
None
0.00
GULF IS FABRICATION INC
SOLEShares881.72K
TypeSH
Market value$2.87M
1.91%
Sole
881.72K
Shared
0.00
None
0.00
SONIDA SENIOR LIVING INC
SOLEShares328.29K
TypeSH
Market value$2.86M
1.90%
Sole
328.29K
Shared
0.00
None
0.00
MODULAR MED INC
SOLEShares1.02M
TypeSH
Market value$994.7K
0.66%
Sole
1.02M
Shared
0.00
None
0.00
NATURAL RESOURCE PARTNERS L
SOLEShares18.29K
TypeSH
Market value$964.4K
0.64%
Sole
18.29K
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 12.82% | 3.61M | 0.00 | 0.00 |
FENNEC PHARMACEUTICALS INCSOLE | COM | 1.44M | SH | $12.71M 8.45% | 1.44M | 0.00 | 0.00 |
ARDAGH METAL PACKAGING S ASOLE | SHS | 3.27M | SH | $12.29M 8.18% | 3.27M | 0.00 | 0.00 |
THE AARONS COMPANY INCSOLE | COM | 852.57K | SH | $12.06M 8.02% | 852.57K | 0.00 | 0.00 |
ALGOMA STL GROUP INCSOLE | COM | 1.59M | SH | $11.31M 7.53% | 1.59M | 0.00 | 0.00 |
KYNDRYL HLDGS INCSOLE | COMMON STOCK | 772.05K | SH | $10.25M 6.82% | 772.05K | 0.00 | 0.00 |
LIBERTY LATIN AMERICA LTDSOLE | COM CL C | 1M | SH | $8.66M 5.76% | 1M | 0.00 | 0.00 |
GAP INCSOLE | COM | 844.25K | SH | $7.54M 5.02% | 844.25K | 0.00 | 0.00 |
SPORTSMANS WHSE HLDGS INCSOLE | COM | 1.31M | SH | $7.47M 4.97% | 1.31M | 0.00 | 0.00 |
FTAI INFRASTRUCTURE INCSOLE | COMMON STOCK | 1.72M | SH | $6.36M 4.23% | 1.72M | 0.00 | 0.00 |
CALIFORNIA RES CORPSOLE | COM STOCK | 137K | SH | $6.20M 4.13% | 137K | 0.00 | 0.00 |
ORION OFFICE REIT INCSOLE | COM | 812.01K | SH | $5.37M 3.57% | 812.01K | 0.00 | 0.00 |
CIVEO CORP CDASOLE | COM NEW | 264.40K | SH | $5.15M 3.43% | 264.40K | 0.00 | 0.00 |
GARRETT MOTION INCSOLE | COM | 662.50K | SH | $5.02M 3.34% | 662.50K | 0.00 | 0.00 |
COGNYTE SOFTWARE LTDSOLE | ORD SHS | 788.76K | SH | $4.80M 3.20% | 788.76K | 0.00 | 0.00 |
LEE ENTERPRISES INCSOLE | COM | 307.48K | SH | $4.10M 2.73% | 307.48K | 0.00 | 0.00 |
QUANTUM CORPSOLE | COM NEW | 3.74M | SH | $4.04M 2.69% | 3.74M | 0.00 | 0.00 |
GULF IS FABRICATION INCSOLE | COM | 881.72K | SH | $2.87M 1.91% | 881.72K | 0.00 | 0.00 |
SONIDA SENIOR LIVING INCSOLE | COM | 328.29K | SH | $2.86M 1.90% | 328.29K | 0.00 | 0.00 |
MODULAR MED INCSOLE | COM NEW | 1.02M | SH | $994.7K 0.66% | 1.02M | 0.00 | 0.00 |
NATURAL RESOURCE PARTNERS LSOLE | COM UNIT LTD PAR | 18.29K | SH | $964.4K 0.64% | 18.29K | 0.00 | 0.00 |