Solas Capital Management, LLC
CIK 0001604867
Annualised vol
6.084665%
Beta
0.11966
HHI
649.672472
Top-10 weight
72.742044%
VaR 95%
0.514584%
VaR 99%
1.237562%
Max drawdown
15.984883%
Matched value
81.620208%
Returns of reported holdings
Loading returns…
Position changes vs prior quarter
What the latest 13F shows bought and sold against the quarter before, by share count.
| Ticker | Change | Shares now | Shares before | Share change % | Value now ($) |
|---|---|---|---|---|---|
| FENC | REDUCED | 1,889,366 | 2,482,198 | -23.88% | 20,310,685 |
| EPSN | UNCHANGED | 3,470,761 | 3,470,761 | 0.0% | 18,776,817 |
| ACOG | UNCHANGED | 1,924,617 | 1,924,617 | 0.0% | 13,895,735 |
| SNDA | REDUCED | 337,679 | 445,879 | -24.27% | 13,777,303 |
| LEE | REDUCED | 1,549,944 | 1,684,486 | -7.99% | 13,732,504 |
| NSP | ADDED | 281,852 | 251,852 | 11.91% | 11,643,306 |
| ASIX | ADDED | 571,324 | 517,029 | 10.5% | 11,357,921 |
| AAP | UNCHANGED | 169,163 | 169,163 | 0.0% | 10,525,322 |
| MOH | REDUCED | 40,219 | 68,719 | -41.47% | 9,198,085 |
| EEFT | ADDED | 124,988 | 71,988 | 73.62% | 9,147,872 |
| SNWV | ADDED | 610,968 | 287,514 | 112.5% | 6,109,680 |
| BUR | ADDED | 1,210,944 | 980,944 | 23.45% | 4,964,870 |
| MAIA | REDUCED | 3,030,845 | 4,297,004 | -29.47% | 4,364,417 |
| NVRI | REDUCED | 183,333 | 201,205 | -8.88% | 4,024,159 |
| HAIN | UNCHANGED | 856,064 | 856,064 | 0.0% | 479,567 |
| MERC | CLOSED OUT | 0 | 790,338 | -100.0% | 0 |
Holdings (latest quarter)
| Ticker | Change | Issuer | Class | CUSIP | Value ($) | Weight % | Shares |
|---|---|---|---|---|---|---|---|
| FENC | REDUCED | FENNEC PHARMACEUTICALS INC | COM | 31447P100 | 20,310,685 | 10.88 | 1889366.0 |
| EPSN | UNCHANGED | EPSILON ENERGY LTD | COM | 294375209 | 18,776,817 | 10.06 | 3470761.0 |
| ACOG | UNCHANGED | ALPHA COGNITION INC | COM NEW | 02074J501 | 13,895,735 | 7.45 | 1924617.0 |
| SNDA | REDUCED | SONIDA SENIOR LIVING INC | COM | 140475203 | 13,777,303 | 7.38 | 337679.0 |
| LEE | REDUCED | LEE ENTERPRISES INC | COM | 523768406 | 13,732,504 | 7.36 | 1549944.0 |
| NSP | ADDED | INSPERITY INC | COM | 45778Q107 | 11,643,306 | 6.24 | 281852.0 |
| - | GROCERY OUTLET HLDG CORP | COM | 39874R101 | 11,367,799 | 6.09 | 1139058.0 | |
| ASIX | ADDED | ADVANSIX INC | COM | 00773T101 | 11,357,921 | 6.09 | 571324.0 |
| AAP | UNCHANGED | ADVANCE AUTO PARTS INC | COM | 00751Y106 | 10,525,322 | 5.64 | 169163.0 |
| - | KYNDRYL HLDGS INC | COMMON STOCK | 50155Q100 | 10,353,660 | 5.55 | 915443.0 | |
| MOH | REDUCED | MOLINA HEALTHCARE INC | COM | 60855R100 | 9,198,085 | 4.93 | 40219.0 |
| EEFT | ADDED | EURONET WORLDWIDE INC | COM | 298736109 | 9,147,872 | 4.9 | 124988.0 |
| SNWV | ADDED | SANUWAVE HEALTH INC | COM | 80303D305 | 6,109,680 | 3.27 | 610968.0 |
| - | SEAPORT ENTMT GROUP INC | COMMON STOCK | 812215200 | 5,662,927 | 3.03 | 212892.0 | |
| BUR | ADDED | BURFORD CAPITAL LIMITED | ORD SHS | G17977110 | 4,964,870 | 2.66 | 1210944.0 |
| MAIA | REDUCED | MAIA BIOTECHNOLOGY INC | COM | 552641102 | 4,364,417 | 2.34 | 3030845.0 |
| NVRI | REDUCED | ENVIRI CORP | COM ADDED | 29390K102 | 4,024,159 | 2.16 | 183333.0 |
| - | LUXEXPERIENCE BV | SPONSORED ADS | 55406W103 | 2,559,850 | 1.37 | 344529.0 | |
| - | ALIGHT INC | COM CL A | 01626W101 | 2,382,140 | 1.28 | 4253822.0 | |
| - | MODULAR MED INC | COM NEW | 60785L306 | 1,971,428 | 1.06 | 438095.0 | |
| HAIN | UNCHANGED | HAIN CELESTIAL GROUP INC | COM | 405217100 | 479,567 | 0.26 | 856064.0 |
Quarterly portfolios
| Period | Filed | Value ($) | Positions | Vol % | Beta | Max DD % |
|---|---|---|---|---|---|---|
| 2026-06-30 | 2026-08-14 | 186,606,047 | 21 | 6.084665 | 0.11966 | 15.984883 |
| 2026-03-31 | 2026-05-15 | 173,872,464 | 22 | 5.582129 | 0.098508 | 13.93607 |
| 2025-12-31 | 2026-02-17 | 176,240,593 | 22 | 6.42448 | 0.140727 | 14.799608 |
| 2025-09-30 | 2025-11-14 | 163,837,793 | 20 | 5.418089 | 0.103071 | 12.976401 |
| 2025-03-31 | 2025-05-15 | 177,748,385 | 21 | 5.145186 | 0.024689 | 16.064664 |
| 2024-12-31 | 2025-02-14 | 150,582,815 | 19 | 3.835212 | 0.016703 | 15.237269 |