Filed: 8/14/2025ACC: 0001604867-25-000014
📋 What this filing means
SOLAS CAPITAL MANAGEMENT, LLC filed this quarterly 13F‑HR report disclosing 20 equity positions with a total reported market value of $178.70M. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.
20
Positions
$178.70M
Total AUM (reported)
19.59M
Total Shares
Allocation by class
COM$164.43M92.0%
COM NEW$14.27M8.0%
Portfolio Concentration
Top 3$57.96M32.4%
4–10$73.74M41.3%
11–25$47.00M26.3%
Top 3 weight
32.4%
Top 10 weight
73.7%
Voting Authority Distribution
Total shares with voting rights: 19.59M
Sole
Full voting authority
19.59M
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)
Sole20
Shared0
Other0
Dominant voting typeSole · 100.0% of voting shares
Institutional Holdings20
Rows:
EPSILON ENERGY LTD
SOLEShares3.69M
TypeSH
Market value$27.26M
15.26%
Sole
3.69M
Shared
0.00
None
0.00
FENNEC PHARMACEUTICALS INC
SOLEShares2.23M
TypeSH
Market value$18.53M
10.37%
Sole
2.23M
Shared
0.00
None
0.00
GROCERY OUTLET HLDG CORP
SOLEShares979.68K
TypeSH
Market value$12.17M
6.81%
Sole
979.68K
Shared
0.00
None
0.00
ALPHA COGNITION INC
SOLEShares1.28M
TypeSH
Market value$11.91M
6.66%
Sole
1.28M
Shared
0.00
None
0.00
SONIDA SENIOR LIVING INC
SOLEShares474.71K
TypeSH
Market value$11.84M
6.63%
Sole
474.71K
Shared
0.00
None
0.00
ADVANSIX INC
SOLEShares449.01K
TypeSH
Market value$10.66M
5.97%
Sole
449.01K
Shared
0.00
None
0.00
ADVANCE AUTO PARTS INC
SOLEShares214.06K
TypeSH
Market value$9.95M
5.57%
Sole
214.06K
Shared
0.00
None
0.00
ALGOMA STL GROUP INC
SOLEShares1.43M
TypeSH
Market value$9.87M
5.52%
Sole
1.43M
Shared
0.00
None
0.00
REGENERON PHARMACEUTICALS
SOLEShares18.59K
TypeSH
Market value$9.76M
5.46%
Sole
18.59K
Shared
0.00
None
0.00
SANUWAVE HEALTH INC
SOLEShares296.69K
TypeSH
Market value$9.75M
5.46%
Sole
296.69K
Shared
0.00
None
0.00
WALGREENS BOOTS ALLIANCE INC
SOLEShares771.30K
TypeSH
Market value$8.85M
4.95%
Sole
771.30K
Shared
0.00
None
0.00
BRISTOW GROUP INC
SOLEShares250.19K
TypeSH
Market value$8.25M
4.62%
Sole
250.19K
Shared
0.00
None
0.00
GOODYEAR TIRE & RUBR CO
SOLEShares705.78K
TypeSH
Market value$7.32M
4.10%
Sole
705.78K
Shared
0.00
None
0.00
ZIMVIE INC
SOLEShares686.63K
TypeSH
Market value$6.42M
3.59%
Sole
686.63K
Shared
0.00
None
0.00
MERCER INTL INC
SOLEShares1.68M
TypeSH
Market value$5.86M
3.28%
Sole
1.68M
Shared
0.00
None
0.00
LEE ENTERPRISES INC
SOLEShares472.75K
TypeSH
Market value$3.03M
1.69%
Sole
472.75K
Shared
0.00
None
0.00
THE ODP CORP
SOLEShares141.15K
TypeSH
Market value$2.56M
1.43%
Sole
141.15K
Shared
0.00
None
0.00
MODULAR MED INC
SOLEShares3.18M
TypeSH
Market value$2.37M
1.33%
Sole
3.18M
Shared
0.00
None
0.00
SPORTSMANS WHSE HLDGS INC
SOLEShares631.30K
TypeSH
Market value$2.18M
1.22%
Sole
631.30K
Shared
0.00
None
0.00
CITI TRENDS INC
SOLEShares4.88K
TypeSH
Market value$162.8K
0.09%
Sole
4.88K
Shared
0.00
None
0.00
| Issuer | Class | Shares | Type | Value / Portfolio % | Voting — Sole | Shared | None |
|---|---|---|---|---|---|---|---|
EPSILON ENERGY LTDSOLE | COM | 3.69M | SH | $27.26M 15.26% | 3.69M | 0.00 | 0.00 |
FENNEC PHARMACEUTICALS INCSOLE | COM | 2.23M | SH | $18.53M 10.37% | 2.23M | 0.00 | 0.00 |
GROCERY OUTLET HLDG CORPSOLE | COM | 979.68K | SH | $12.17M 6.81% | 979.68K | 0.00 | 0.00 |
ALPHA COGNITION INCSOLE | COM NEW | 1.28M | SH | $11.91M 6.66% | 1.28M | 0.00 | 0.00 |
SONIDA SENIOR LIVING INCSOLE | COM | 474.71K | SH | $11.84M 6.63% | 474.71K | 0.00 | 0.00 |
ADVANSIX INCSOLE | COM | 449.01K | SH | $10.66M 5.97% | 449.01K | 0.00 | 0.00 |
ADVANCE AUTO PARTS INCSOLE | COM | 214.06K | SH | $9.95M 5.57% | 214.06K | 0.00 | 0.00 |
ALGOMA STL GROUP INCSOLE | COM | 1.43M | SH | $9.87M 5.52% | 1.43M | 0.00 | 0.00 |
REGENERON PHARMACEUTICALSSOLE | COM | 18.59K | SH | $9.76M 5.46% | 18.59K | 0.00 | 0.00 |
SANUWAVE HEALTH INCSOLE | COM | 296.69K | SH | $9.75M 5.46% | 296.69K | 0.00 | 0.00 |
WALGREENS BOOTS ALLIANCE INCSOLE | COM | 771.30K | SH | $8.85M 4.95% | 771.30K | 0.00 | 0.00 |
BRISTOW GROUP INCSOLE | COM | 250.19K | SH | $8.25M 4.62% | 250.19K | 0.00 | 0.00 |
GOODYEAR TIRE & RUBR COSOLE | COM | 705.78K | SH | $7.32M 4.10% | 705.78K | 0.00 | 0.00 |
ZIMVIE INCSOLE | COM | 686.63K | SH | $6.42M 3.59% | 686.63K | 0.00 | 0.00 |
MERCER INTL INCSOLE | COM | 1.68M | SH | $5.86M 3.28% | 1.68M | 0.00 | 0.00 |
LEE ENTERPRISES INCSOLE | COM | 472.75K | SH | $3.03M 1.69% | 472.75K | 0.00 | 0.00 |
THE ODP CORPSOLE | COM | 141.15K | SH | $2.56M 1.43% | 141.15K | 0.00 | 0.00 |
MODULAR MED INCSOLE | COM NEW | 3.18M | SH | $2.37M 1.33% | 3.18M | 0.00 | 0.00 |
SPORTSMANS WHSE HLDGS INCSOLE | COM | 631.30K | SH | $2.18M 1.22% | 631.30K | 0.00 | 0.00 |
CITI TRENDS INCSOLE | COM | 4.88K | SH | $162.8K 0.09% | 4.88K | 0.00 | 0.00 |