Latest Solas Capital Management, LLC Stock Portfolio
Solas Capital Management, LLC Performance:
2025 Q3: -1.54%YTD: -3.92%2024: -1.9%
Performance for 2025 Q3 is -1.54%, and YTD is -3.92%, and 2024 is -1.9%.
About Solas Capital Management, LLC and 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 $163.8 Millions as of 30 Sep, 2025.
The top stock holdings of Solas Capital Management, LLC are FENC, EPSN, SNDA. The fund has invested 12.5% of it's portfolio in FENNEC PHARMACEUTICALS INC and 11.1% of portfolio in EPSILON ENERGY LTD.
The fund managers got completely rid off WALGREENS BOOTS ALLIANCE INC (WBA) and CITI TRENDS INC (CTRN) stocks. They significantly reduced their stock positions in SPORTSMANS WHSE HLDGS INC (SPWH), BRISTOW GROUP INC (VTOL) and SANUWAVE HEALTH INC (SNWV). Solas Capital Management, LLC opened new stock positions in MOLINA HEALTHCARE INC (MOH) and SEAPORT ENTMT GROUP INC. The fund showed a lot of confidence in some stocks as they added substantially to THE ODP CORP (ODP), MODULAR MED INC (MODD) and ADVANSIX INC (ASIX).
The top stock holdings of Solas Capital Management, LLC are FENC, EPSN, SNDA. The fund has invested 12.5% of it's portfolio in FENNEC PHARMACEUTICALS INC and 11.1% of portfolio in EPSILON ENERGY LTD.
The fund managers got completely rid off WALGREENS BOOTS ALLIANCE INC (WBA) and CITI TRENDS INC (CTRN) stocks. They significantly reduced their stock positions in SPORTSMANS WHSE HLDGS INC (SPWH), BRISTOW GROUP INC (VTOL) and SANUWAVE HEALTH INC (SNWV). Solas Capital Management, LLC opened new stock positions in MOLINA HEALTHCARE INC (MOH) and SEAPORT ENTMT GROUP INC. The fund showed a lot of confidence in some stocks as they added substantially to THE ODP CORP (ODP), MODULAR MED INC (MODD) and ADVANSIX INC (ASIX).
Solas Capital Management, LLC Annual Return Estimates Vs S&P 500
Our best estimate is that Solas Capital Management, LLC made a return of -1.54% in the last quarter. In trailing 12 months, it's portfolio return was 0.01%.
New Buys
| Ticker | $ Bought |
|---|---|
| molina healthcare inc | 10,857,200 |
| seaport entmt group inc | 5,322,900 |
New stocks bought by Solas Capital Management, LLC
Additions
| Ticker | % Inc. |
|---|---|
| the odp corp | 87.11 |
| modular med inc | 18.84 |
| advansix inc | 16.07 |
| alpha cognition inc | 0.48 |
Additions to existing portfolio by Solas Capital Management, LLC
Reductions
| Ticker | % Reduced |
|---|---|
| sportsmans whse hldgs inc | -69.73 |
| bristow group inc | -67.45 |
| sanuwave health inc | -32.15 |
| advance auto parts inc | -31.51 |
| grocery outlet hldg corp | -30.98 |
| algoma stl group inc | -23.79 |
| zimvie inc | -22.81 |
| fennec pharmaceuticals inc | -2.02 |
Solas Capital Management, LLC reduced stake in above stock
Sold off
| Ticker | $ Sold |
|---|---|
| walgreens boots alliance inc | -8,854,520 |
| citi trends inc | -162,776 |
Solas Capital Management, LLC got rid off the above stocks
Sector Distribution
Solas Capital Management, LLC has about 41% of it's holdings in Healthcare sector.
| Sector | % |
|---|---|
| Healthcare | 41 |
| Others | 15.3 |
| Consumer Cyclical | 13.5 |
| Energy | 12.9 |
| Basic Materials | 9.1 |
| Consumer Defensive | 6.6 |
| Communication Services | 1.6 |
Market Cap. Distribution
Solas Capital Management, LLC has about 12.9% of it's portfolio invested in the large-cap and mega-cap stocks.
| Category | % |
|---|---|
| SMALL-CAP | 36 |
| MICRO-CAP | 25.5 |
| UNALLOCATED | 15.3 |
| LARGE-CAP | 12.9 |
| MID-CAP | 8.7 |
| NANO-CAP | 1.6 |
Stocks belong to which Index?
About 47.5% of the stocks held by Solas Capital Management, LLC either belong to S&P 500 or RUSSELL 2000 index.
| Index | % |
|---|---|
| Others | 52.6 |
| RUSSELL 2000 | 34.6 |
| S&P 500 | 12.9 |
Solas Capital Management, LLC Holdings Map
This heatmap illustrates the top 50 positions within the fund's portfolio.
Current Stock Holdings of Solas Capital Management, LLC
Solas Capital Management, LLC has 20 stocks in it's portfolio. About 73.9% of the portfolio is in top 10 stocks. EPSN proved to be the most loss making stock for the portfolio. ZIMV was the most profitable stock for Solas Capital Management, LLC last quarter.
Last Reported on: 14 Nov, 2025| Ticker | Namesorted ascending | % Portfolio | Shares Held | $ Value | Type | % Change | Options | |
|---|---|---|---|---|---|---|---|---|
| AAP | advance auto parts inc | 5.50 | 146,617 | 9,002,280 | reduced | -31.51 | ||
| ASIX | advansix inc | 6.16 | 521,141 | 10,099,700 | added | 16.07 | ||
| ASTL | algoma stl group inc | 2.37 | 1,091,250 | 3,879,390 | reduced | -23.79 | ||
| CTRN | citi trends inc | 0.00 | 0.00 | 0.00 | sold off | -100 | ||
| EPSN | epsilon energy ltd | 11.13 | 3,619,610 | 18,242,800 | reduced | -2.01 | ||
| FENC | fennec pharmaceuticals inc | 12.50 | 2,187,900 | 20,478,800 | reduced | -2.02 | ||
| GO | grocery outlet hldg corp | 6.62 | 676,142 | 10,852,100 | reduced | -30.98 | ||
| GT | goodyear tire & rubr co | 3.16 | 691,569 | 5,172,940 | reduced | -2.01 | ||
| LEE | lee enterprises inc | 1.57 | 472,748 | 2,571,750 | unchanged | 0.00 | ||
| MERC | mercer intl inc | 2.90 | 1,650,030 | 4,752,090 | reduced | -1.5 | ||
| MODD | modular med inc | 1.61 | 3,778,480 | 2,644,180 | added | 18.84 | ||
| MOH | molina healthcare inc | 6.63 | 56,737 | 10,857,200 | new | |||
| ODP | the odp corp | 4.49 | 264,097 | 7,355,100 | added | 87.11 | ||
| REGN | regeneron pharmaceuticals | 6.25 | 18,218 | 10,243,400 | reduced | -2.02 | ||
| SNDA | sonida senior living inc | 7.91 | 467,709 | 12,964,900 | reduced | -1.48 | ||
| SNWV | sanuwave health inc | 4.61 | 201,304 | 7,544,870 | reduced | -32.15 | ||
| SPWH | sportsmans whse hldgs inc | 0.32 | 191,116 | 529,391 | reduced | -69.73 | ||
| VTOL | bristow group inc | 1.79 | 81,443 | 2,938,460 | reduced | -67.45 | ||
| WBA | walgreens boots alliance inc | 0.00 | 0.00 | 0.00 | sold off | -100 | ||
| ZIMV | zimvie inc | 6.13 | 530,013 | 10,038,400 | reduced | -22.81 | ||