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Solas Capital Management Portfolio holdings

AUM $174M
1-Year Est. Return 6.33%
This Fund
S&P 500
This Quarter Est. Return
+19.23%
1 Year Est. Return
+6.33%
3 Year Est. Return
+41.54%
5 Year Est. Return
+46.6%
10 Year Est. Return
–
AUM
$156M
AUM Growth
-$5.56M
Cap. Flow
-$11.8M
Cap. Flow %
-7.62%
Top 10 Hldgs %
76.46%
Holding
26
New
3
Increased
9
Reduced
6
Closed
7

Top Buys

Rank Stock Value
1
WBA
Walgreens Boots Alliance
WBA
+$13.5M
2
VSTO
Vista Outdoor Inc.
VSTO
+$6.63M
3
AAN
The Aaron's Company Inc
AAN
+$3.73M
4
MURA
Mural Oncology
MURA
+$3.64M
5
SNDA icon
Sonida Senior Living
SNDA
+$2.9M

Top Sells

Rank Stock Value
1
FLEX icon
Flex
FLEX
+$10.2M
2
KLG
WK Kellogg Co
KLG
+$9.69M
3
SG icon
Sweetgreen
SG
+$6.84M
4
FIP icon
FTAI Infrastructure
FIP
+$5.06M
5
CVEO icon
Civeo
CVEO
+$5.04M

Sector Composition

Rank Sector Weight
1 Healthcare 35.53%
2 Energy 13.32%
3 Industrials 12.68%
4 Consumer Discretionary 11.94%
5 Communication Services 10.73%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
SG icon
26
Sweetgreen
SG
$679M
– –
-605,747
Closed -$6.84M
1
2

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GWAM
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VWWMG
Vermillion & White Wealth Management Group Phoenixville, Pennsylvania $174M AUM 15.31% 1-Year Est. Return
GRA
Golden Road Advisors Tampa, Florida $174M AUM 19.14% 1-Year Est. Return
CFS
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CAM
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AMD
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Solas Capital Management's Q1 2024 Portfolio in Review

As of Q1 2024, Solas Capital Management held 26 positions worth $156M, down 3.5% from $161M the previous quarter. Its ten largest holdings account for 76% of the portfolio.

Solas Capital Management withdrew a net $11.8M in Q1 2024, closing 7 positions and reducing 6 holdings. Its most notable exit was Flex, an estimated $10.2M position sold in full.

By sector, the portfolio is most concentrated in Healthcare at 36% of assets, up from 20% a quarter earlier, followed by Energy and Industrials.

Against the trend, Solas Capital Management opened a new position in Walgreens Boots Alliance worth $13.2M.

  • Solas Capital Management's largest Q1 2024 buy was Walgreens Boots Alliance: 609,373 shares worth $13.2M.
  • Solas Capital Management added most to The Aaron's Company Inc in Q1 2024, an estimated $3.73M increase.
  • Solas Capital Management's biggest Q1 2024 reduction was Civeo, cutting an estimated $5.04M.
  • Solas Capital Management fully exited Flex in Q1 2024, selling an estimated $10.2M.
  • Solas Capital Management's ten largest holdings make up 76% of its $156M portfolio in Q1 2024.
  • Solas Capital Management opened 3 new positions and closed 7 in Q1 2024.
  • Solas Capital Management's portfolio value fell 3.5% quarter-over-quarter to $156M.

Based on Solas Capital Management's 13F filing for Q1 2024, filed 15 May 2024.