We are live on ! Find out more
SCM

Solas Capital Management Portfolio holdings

AUM $174M
1-Year Est. Return 6.33%
This Fund
S&P 500
This Quarter Est. Return
+10.76%
1 Year Est. Return
+6.33%
3 Year Est. Return
+41.54%
5 Year Est. Return
+46.6%
10 Year Est. Return
–
AUM
$90.6M
AUM Growth
-$4.4M
Cap. Flow
-$13.2M
Cap. Flow %
-14.59%
Top 10 Hldgs %
65.44%
Holding
30
New
2
Increased
10
Reduced
6
Closed
7

Top Buys

Rank Stock Value
1
RRTS
RoadRunner Transportation Systems, Inc.
RRTS
+$3.81M
2
AUD
Audacy, Inc.
AUD
+$1.53M
3
ALTO icon
Alto Ingredients
ALTO
+$939K
4
SMTA
Spirit MTA REIT Common Shares of Beneficial Interest
SMTA
+$724K
5
EMKR
Emcore Corp
EMKR
+$682K

Top Sells

Rank Stock Value
1
GTX icon
Garrett Motion
GTX
+$3.4M
2
LILA icon
Liberty Latin America Class A
LILA
+$3.33M
3
UNIT
Uniti Group
UNIT
+$3.13M
4
VRTS icon
Virtus Investment Partners
VRTS
+$2.44M
5
AMC icon
AMC Entertainment Holdings
AMC
+$1.95M

Sector Composition

Rank Sector Weight
1 Industrials 19.34%
2 Financials 17.85%
3 Communication Services 16.9%
4 Real Estate 13.91%
5 Technology 11.14%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
BXC icon
1
BlueLinx
BXC
$502M
$8.76M 9.67%
328,875
-33,739
-9% -$959K
GTX icon
2
Garrett Motion
GTX
$5.86B
$8.62M 9.51%
585,000
-225,428
-28% -$3.4M
OCSL icon
3
Oaktree Specialty Lending
OCSL
$1.07B
$7.93M 8.75%
510,200
– –
NWSA icon
4
News Corp Class A
NWSA
$15.5B
$7.45M 8.22%
598,600
– –
SRC
5
DELISTED
SPIRIT REALTY CAPITAL, INC.
SRC
$5.75M 6.34%
144,599
– –
EMKR
6
DELISTED
Emcore Corp
EMKR
$4.7M 5.18%
128,723
+16,006
+14% +$682K
HIL
7
DELISTED
Hill International, Inc. Common Stock
HIL
$4.13M 4.56%
1,413,981
+27,981
+2% +$89.5K
VRTS icon
8
Virtus Investment Partners
VRTS
$1.11B
$4.1M 4.52%
42,000
-25,814
-38% -$2.44M
MSGN
9
DELISTED
MSG Networks Inc.
MSGN
$4.06M 4.48%
186,800
– –
AUD
10
DELISTED
Audacy, Inc.
AUD
$3.81M 4.2%
725,000
+230,865
+47% +$1.53M
SITC icon
11
SITE Centers
SITC
$166M
$3.76M 4.15%
353,634
– –
ARTX
12
DELISTED
Arotech Corporation
ARTX
$3.5M 3.86%
1,193,300
-11,900
-1% -$38K
FLEX icon
13
Flex
FLEX
$46.8B
$3.3M 3.64%
437,910
-182,681
-29% -$1.31M
RRTS
14
DELISTED
RoadRunner Transportation Systems, Inc.
RRTS
$3.27M 3.61%
+311,862
New +$3.81M
FRED
15
DELISTED
Fred's Inc
FRED
$3.09M 3.41%
1,250,000
-596,603
-32% -$1.68M
IEC
16
DELISTED
IEC Electronics Corp.
IEC
$2.91M 3.21%
425,000
+32,174
+8% +$233K
FGNX
17
FG Nexus Inc
FGNX
$44.2M
$2.33M 2.57%
3,545
+25
+0.7% +$15.6K
SMTA
18
DELISTED
Spirit MTA REIT Common Shares of Beneficial Interest
SMTA
$2.22M 2.45%
341,664
+96,664
+39% +$724K
SPRT
19
DELISTED
support.com, Inc.
SPRT
$2.09M 2.31%
926,724
+54,055
+6% +$129K
GEG icon
20
Great Elm Group
GEG
$67.4M
$1.82M 2.01%
427,694
+30,469
+8% +$108K
STCN
21
DELISTED
Steel Connect, Inc. Common Stock
STCN
$1.36M 1.5%
72,338
+1,493
+2% +$25.7K
RVI
22
DELISTED
Retail Value Inc. Common Shares
RVI
$888K 0.98%
310,447
+9,772
+3% +$27.4K
ALTO icon
23
Alto Ingredients
ALTO
$410M
$784K 0.87%
+800,000
New +$939K
AMC icon
24
AMC Entertainment Holdings
AMC
$2.39B
– –
-15,900
Closed -$1.95M
LILA icon
25
Liberty Latin America Class A
LILA
$1.69B
– –
-359,212
Closed -$3.33M
1
2

Similar funds

BCP
Breakout Capital Partners New York $174M AUM 7.98% 1-Year Est. Return
LCWM
Legacy Capital Wealth Management The Woodlands, Texas $174M AUM
GWAM
Guardian Wealth Advisors (Minnesota) St Louis Park, Minnesota $174M AUM 17.98% 1-Year Est. Return
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
Coordinated Financial Services Denver, Colorado $174M AUM 16.33% 1-Year Est. Return
CAM
Councilmark Asset Management Knoxville, Tennessee $174M AUM 23.08% 1-Year Est. Return
AMD
Advanced Micro Devices Santa Clara, California $174M AUM

Solas Capital Management's Q1 2019 Portfolio in Review

As of Q1 2019, Solas Capital Management held 30 positions worth $90.6M, down 4.6% from $95M the previous quarter. Its ten largest holdings account for 65% of the portfolio.

Solas Capital Management withdrew a net $13.2M in Q1 2019, closing 7 positions and reducing 6 holdings. Its most notable exit was Liberty Latin America Class A, an estimated $3.33M position sold in full.

By sector, the portfolio is most concentrated in Industrials at 19% of assets, up from 16% a quarter earlier, followed by Financials and Communication Services.

Against the trend, Solas Capital Management opened a new position in RoadRunner Transportation Systems, Inc. worth $3.27M.

  • Solas Capital Management's largest Q1 2019 buy was RoadRunner Transportation Systems, Inc.: 311,862 shares worth $3.27M.
  • Solas Capital Management added most to Audacy, Inc. in Q1 2019, an estimated $1.53M increase.
  • Solas Capital Management's biggest Q1 2019 reduction was Garrett Motion, cutting an estimated $3.4M.
  • Solas Capital Management fully exited Liberty Latin America Class A in Q1 2019, selling an estimated $3.33M.
  • Solas Capital Management's ten largest holdings make up 65% of its $90.6M portfolio in Q1 2019.
  • Solas Capital Management opened 2 new positions and closed 7 in Q1 2019.
  • Solas Capital Management's portfolio value fell 4.6% quarter-over-quarter to $90.6M.

Based on Solas Capital Management's 13F filing for Q1 2019, filed 15 May 2019.