Latest Solas Capital Management, LLC Stock Portfolio
Solas Capital Management, LLC Performance:
2024 Q3: -8.22%YTD: -8.17%2023: 2.55%
Performance for 2024 Q3 is -8.22%, and YTD is -8.17%, and 2023 is 2.55%.
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 $142.5 Millions as of 30 Sep, 2024.
The top stock holdings of Solas Capital Management, LLC are EPSN, KD, SNDA. The fund has invested 15.5% of it's portfolio in EPSILON ENERGY LTD and 11.7% of portfolio in KYNDRYL HLDGS INC.
The fund managers got completely rid off THE AARONS COMPANY INC (AAN), U S SILICA HLDGS INC (SLCA) and VISTA OUTDOOR INC (VSTO) stocks. They significantly reduced their stock positions in GULF IS FABRICATION INC (GIFI), ALGOMA STL GROUP INC (ASTL) and VESTIS CORPORATION. Solas Capital Management, LLC opened new stock positions in PAR PAC HOLDINGS INC (PARR), CITI TRENDS INC (CTRN) and CONTEXTLOGIC INC (WISH). The fund showed a lot of confidence in some stocks as they added substantially to ZIMVIE INC (ZIMV), ADVANCE AUTO PARTS INC (AAP) and FENNEC PHARMACEUTICALS INC (FENC).
The top stock holdings of Solas Capital Management, LLC are EPSN, KD, SNDA. The fund has invested 15.5% of it's portfolio in EPSILON ENERGY LTD and 11.7% of portfolio in KYNDRYL HLDGS INC.
The fund managers got completely rid off THE AARONS COMPANY INC (AAN), U S SILICA HLDGS INC (SLCA) and VISTA OUTDOOR INC (VSTO) stocks. They significantly reduced their stock positions in GULF IS FABRICATION INC (GIFI), ALGOMA STL GROUP INC (ASTL) and VESTIS CORPORATION. Solas Capital Management, LLC opened new stock positions in PAR PAC HOLDINGS INC (PARR), CITI TRENDS INC (CTRN) and CONTEXTLOGIC INC (WISH). The fund showed a lot of confidence in some stocks as they added substantially to ZIMVIE INC (ZIMV), ADVANCE AUTO PARTS INC (AAP) and FENNEC PHARMACEUTICALS INC (FENC).
Solas Capital Management, LLC Annual Return Estimates Vs S&P 500
Our best estimate is that Solas Capital Management, LLC made a return of -8.22% in the last quarter. In trailing 12 months, it's portfolio return was 2.25%.
New Buys
| Ticker | $ Bought |
|---|---|
| par pac holdings inc | 2,702,960 |
| citi trends inc | 2,365,360 |
| contextlogic inc | 675,953 |
New stocks bought by Solas Capital Management, LLC
Additions
| Ticker | % Inc. |
|---|---|
| zimvie inc | 2,506 |
| advance auto parts inc | 77.38 |
| fennec pharmaceuticals inc | 43.55 |
| kyndryl hldgs inc | 11.86 |
| sonida senior living inc | 9.2 |
| ardagh metal packaging s a | 3.91 |
Additions to existing portfolio by Solas Capital Management, LLC
Reductions
| Ticker | % Reduced |
|---|---|
| gulf is fabrication inc | -73.85 |
| algoma stl group inc | -41.94 |
| vestis corporation | -6.94 |
Solas Capital Management, LLC reduced stake in above stock
Sold off
| Ticker | $ Sold |
|---|---|
| the aarons company inc | -12,194,700 |
| liberty latin america ltd | -10,294,000 |
| u s silica hldgs inc | -11,973,800 |
| vista outdoor inc | -11,584,600 |
| california res corp | -7,450,800 |
Solas Capital Management, LLC got rid off the above stocks
Sector Distribution
Solas Capital Management, LLC has about 33.2% of it's holdings in Healthcare sector.
| Sector | % |
|---|---|
| Healthcare | 33.2 |
| Others | 23.8 |
| Energy | 17.4 |
| Technology | 11.7 |
| Consumer Cyclical | 10.8 |
| Communication Services | 2.9 |
Market Cap. Distribution
Solas Capital Management, LLC has about 0% of it's portfolio invested in the large-cap and mega-cap stocks.
| Category | % |
|---|---|
| MICRO-CAP | 30.2 |
| MID-CAP | 25.7 |
| UNALLOCATED | 23.8 |
| SMALL-CAP | 17.3 |
| NANO-CAP | 3 |
Stocks belong to which Index?
About 24.5% of the stocks held by Solas Capital Management, LLC either belong to S&P 500 or RUSSELL 2000 index.
| Index | % |
|---|---|
| Others | 75.6 |
| RUSSELL 2000 | 16.4 |
| S&P 500 | 8.1 |
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 18 stocks in it's portfolio. About 84.4% of the portfolio is in top 10 stocks. AAP proved to be the most loss making stock for the portfolio. EPSN was the most profitable stock for Solas Capital Management, LLC last quarter.
Last Reported on: 14 Nov, 2024| Ticker | Namesorted ascending | % Portfolio | Shares Held | $ Value | Type | % Change | Options | |
|---|---|---|---|---|---|---|---|---|
| AAN | the aarons company inc | 0.00 | 0.00 | 0.00 | sold off | -100 | ||
| AAP | advance auto parts inc | 5.90 | 215,484 | 8,401,720 | added | 77.38 | ||
| ASTL | algoma stl group inc | 7.11 | 990,646 | 10,134,300 | reduced | -41.94 | ||
| CRC | california res corp | 0.00 | 0.00 | 0.00 | sold off | -100 | ||
| CTRN | citi trends inc | 1.66 | 128,762 | 2,365,360 | new | |||
| EPSN | epsilon energy ltd | 15.50 | 3,768,470 | 22,083,200 | unchanged | 0.00 | ||
| FENC | fennec pharmaceuticals inc | 6.75 | 1,923,540 | 9,617,680 | added | 43.55 | ||
| GIFI | gulf is fabrication inc | 0.12 | 29,436 | 166,019 | reduced | -73.85 | ||
| KD | kyndryl hldgs inc | 11.72 | 726,278 | 16,689,900 | added | 11.86 | ||
| LEE | lee enterprises inc | 2.95 | 482,212 | 4,200,070 | unchanged | 0.00 | ||
| LILA | liberty latin america ltd | 0.00 | 0.00 | 0.00 | sold off | -100 | ||
| MODD | modular med inc | 2.97 | 1,881,100 | 4,232,460 | unchanged | 0.00 | ||
| PARR | par pac holdings inc | 1.90 | 153,577 | 2,702,960 | new | |||
| SLCA | u s silica hldgs inc | 0.00 | 0.00 | 0.00 | sold off | -100 | ||
| SNDA | sonida senior living inc | 10.94 | 582,917 | 15,587,200 | added | 9.2 | ||
| SPWH | sportsmans whse hldgs inc | 2.77 | 1,456,960 | 3,948,370 | unchanged | 0.00 | ||
| VSTO | vista outdoor inc | 0.00 | 0.00 | 0.00 | sold off | -100 | ||
| WBA | walgreens boots alliance inc | 8.08 | 1,284,550 | 11,509,600 | unchanged | 0.00 | ||
| WISH | contextlogic inc | 0.48 | 124,028 | 675,953 | new | |||
| ZIMV | zimvie inc | 4.46 | 400,000 | 6,348,000 | added | 2,506 | ||