Latest Solas Capital Management, LLC Stock Portfolio
$155Million
Equity Portfolio Value
Last Reported on: 15 May, 2024
About Solas Capital Management, LLC and it’s 13F Hedge Fund Stock Holdings
Solas Capital Management, LLC is a hedge fund based in DARIEN, CT. On 29-Mar-2023, the fund reported that it had an AUM (Regulated Assets under Management) of $537.7 Millions. In it's latest 13F Holdings report, Solas Capital Management, LLC reported an equity portfolio of $155.5 Millions as of 31 Mar, 2024.
The top stock holdings of Solas Capital Management, LLC are EPSN, SNDA, WBA. The fund has invested 13.3% of it's portfolio in EPSILON ENERGY LTD and 9.9% of portfolio in SONIDA SENIOR LIVING INC.
The fund managers got completely rid off FLEX LTD (FLEX), WK KELLOGG CO and SWEETGREEN INC (SG) stocks. They significantly reduced their stock positions in CIVEO CORP CDA (CVEO), GULF IS FABRICATION INC (GIFI) and ADVANCE AUTO PARTS INC (AAP). Solas Capital Management, LLC opened new stock positions in WALGREENS BOOTS ALLIANCE INC (WBA), VISTA OUTDOOR INC (VSTO) and MURAL ONCOLOGY PUB LTD CO. The fund showed a lot of confidence in some stocks as they added substantially to MODULAR MED INC (MODD), SONIDA SENIOR LIVING INC (SNDA) and THE AARONS COMPANY INC (AAN).
The top stock holdings of Solas Capital Management, LLC are EPSN, SNDA, WBA. The fund has invested 13.3% of it's portfolio in EPSILON ENERGY LTD and 9.9% of portfolio in SONIDA SENIOR LIVING INC.
The fund managers got completely rid off FLEX LTD (FLEX), WK KELLOGG CO and SWEETGREEN INC (SG) stocks. They significantly reduced their stock positions in CIVEO CORP CDA (CVEO), GULF IS FABRICATION INC (GIFI) and ADVANCE AUTO PARTS INC (AAP). Solas Capital Management, LLC opened new stock positions in WALGREENS BOOTS ALLIANCE INC (WBA), VISTA OUTDOOR INC (VSTO) and MURAL ONCOLOGY PUB LTD CO. The fund showed a lot of confidence in some stocks as they added substantially to MODULAR MED INC (MODD), SONIDA SENIOR LIVING INC (SNDA) and THE AARONS COMPANY INC (AAN).
New Buys
| Ticker | $ Bought |
|---|---|
| WALGREENS BOOTS ALLIANCE INC | 13,217,300 |
| VISTA OUTDOOR INC | 7,165,580 |
| MURAL ONCOLOGY PUB LTD CO | 3,662,420 |
New stocks bought by Solas Capital Management, LLC
Additions
| Ticker | % Inc. |
|---|---|
| MODULAR MED INC | 86.07 |
| SONIDA SENIOR LIVING INC | 52.97 |
| THE AARONS COMPANY INC | 48.1 |
| ALGOMA STL GROUP INC | 23.91 |
| KYNDRYL HLDGS INC | 14.79 |
| SPORTSMANS WHSE HLDGS INC | 11.76 |
| LIBERTY LATIN AMERICA LTD | 9.01 |
| LEE ENTERPRISES INC | 7.11 |
Additions to existing portfolio by Solas Capital Management, LLC
Reductions
| Ticker | % Reduced |
|---|---|
| CIVEO CORP CDA | -99.01 |
| GULF IS FABRICATION INC | -47.67 |
| ADVANCE AUTO PARTS INC | -44.13 |
| ZIMVIE INC | -30.48 |
| FENNEC PHARMACEUTICALS INC | -19.46 |
| ORION OFFICE REIT INC | -2.33 |
Solas Capital Management, LLC reduced stake in above stock
Sold off
| Ticker | $ Sold |
|---|---|
| FTAI INFRASTRUCTURE INC | -5,058,400 |
| WK KELLOGG CO | -9,685,860 |
| SWEETGREEN INC | -6,844,940 |
| FLEX LTD | -10,204,100 |
| BRANDYWINE RLTY TR | -145,800 |
| GANNETT CO INC | -57,500 |
| BALL CORP | -238,535 |
Solas Capital Management, LLC got rid off the above stocks
Current Stock Holdings of Solas Capital Management, LLC
Last Reported on: 15 May, 2024| Ticker | Namesorted ascending | % Portfolio | Shares Held | $ Value | Type | % Change | Options |
|---|---|---|---|---|---|---|---|
| AAN | THE AARONS COMPANY INC | 5.92 | 1,226,980 | 9,202,360 | ADDED | 48.1 | |
| AAP | ADVANCE AUTO PARTS INC | 3.63 | 66,258 | 5,637,890 | REDUCED | -44.13 | |
| AMBP | ARDAGH METAL PACKAGING S A | 5.35 | 2,427,380 | 8,325,930 | ADDED | 0.44 | |
| ASTL | ALGOMA STL GROUP INC | 7.98 | 1,462,210 | 12,414,200 | ADDED | 23.91 | |
| BALL | BALL CORP | 0.00 | 0.00 | 0.00 | SOLD OFF | -100 | |
| BDN | BRANDYWINE RLTY TR | 0.00 | 0.00 | 0.00 | SOLD OFF | -100 | |
| CVEO | CIVEO CORP CDA | 0.04 | 2,176 | 58,426 | REDUCED | -99.01 | |
| EPSN | EPSILON ENERGY LTD | 13.32 | 3,768,470 | 20,707,700 | UNCHANGED | 0.00 | |
| FENC | FENNEC PHARMACEUTICALS INC | 7.94 | 1,110,230 | 12,345,800 | REDUCED | -19.46 | |
| FIP | FTAI INFRASTRUCTURE INC | 0.00 | 0.00 | 0.00 | SOLD OFF | -100 | |
| FLEX | FLEX LTD | 0.00 | 0.00 | 0.00 | SOLD OFF | -100 | |
| GCI | GANNETT CO INC | 0.00 | 0.00 | 0.00 | SOLD OFF | -100 | |
| GIFI | GULF IS FABRICATION INC | 2.15 | 455,621 | 3,348,810 | REDUCED | -47.67 | |
| KD | KYNDRYL HLDGS INC | 5.98 | 427,405 | 9,300,330 | ADDED | 14.79 | |
| LEE | LEE ENTERPRISES INC | 3.80 | 443,446 | 5,911,140 | ADDED | 7.11 | |
| LILA | LIBERTY LATIN AMERICA LTD | 6.93 | 1,541,440 | 10,774,600 | ADDED | 9.01 | |
| MODD | MODULAR MED INC | 2.25 | 1,888,900 | 3,494,470 | ADDED | 86.07 | |
| ONL | ORION OFFICE REIT INC | 1.84 | 815,312 | 2,861,740 | REDUCED | -2.33 | |
| SG | SWEETGREEN INC | 0.00 | 0.00 | 0.00 | SOLD OFF | -100 | |
| SNDA | SONIDA SENIOR LIVING INC | 9.94 | 561,034 | 15,448,700 | ADDED | 52.97 | |
| SPWH | SPORTSMANS WHSE HLDGS INC | 2.93 | 1,463,010 | 4,549,960 | ADDED | 11.76 | |
| VSTO | VISTA OUTDOOR INC | 4.61 | 218,596 | 7,165,580 | NEW | ||
| WBA | WALGREENS BOOTS ALLIANCE INC | 8.50 | 609,373 | 13,217,300 | NEW | ||
| ZIMV | ZIMVIE INC | 4.55 | 429,010 | 7,074,380 | REDUCED | -30.48 | |
| MURAL ONCOLOGY PUB LTD CO | 2.36 | 748,961 | 3,662,420 | NEW | |||
| WK KELLOGG CO | 0.00 | 0.00 | 0.00 | SOLD OFF | -100 |