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
-41.38%
1 Year Est. Return
+6.33%
3 Year Est. Return
+41.54%
5 Year Est. Return
+46.6%
10 Year Est. Return
–
AUM
$92.3M
AUM Growth
-$11.7M
Cap. Flow
+$60.2M
Cap. Flow %
65.16%
Top 10 Hldgs %
62.6%
Holding
31
New
9
Increased
17
Reduced
4
Closed
1

Top Buys

Rank Stock Value
1
MPC icon
Marathon Petroleum
MPC
+$8.75M
2
SWKH
SWK Holdings
SWKH
+$8.24M
3
CAKE icon
Cheesecake Factory
CAKE
+$4.88M
4
BXC icon
BlueLinx
BXC
+$4.18M
5
ASIX icon
AdvanSix
ASIX
+$3.8M

Top Sells

Rank Stock Value
1
VRTS icon
Virtus Investment Partners
VRTS
+$1.42M
2
NWSA icon
News Corp Class A
NWSA
+$1.18M
3
INAP
Internap Corporation
INAP
+$1.03M
4
FENC icon
Fennec Pharmaceuticals
FENC
+$76.9K
5
FRAN
Francesca's Holdings Corporation
FRAN
+$10.4K

Sector Composition

Rank Sector Weight
1 Communication Services 16.61%
2 Energy 16.1%
3 Financials 13.62%
4 Industrials 11.73%
5 Materials 11.08%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
NWSA icon
1
News Corp Class A
NWSA
$15.4B
$8.19M 8.87%
912,513
-93,487
-9% -$1.18M
VRS
2
DELISTED
Verso Corporation
VRS
$7.9M 8.55%
700,000
+197,138
+39% +$3.07M
SWKH
3
DELISTED
SWK Holdings
SWKH
$7.18M 7.77%
+808,942
New +$8.24M
EPSN icon
4
Epsilon Energy
EPSN
$169M
$7.08M 7.66%
2,650,000
+78,603
+3% +$233K
FENC icon
5
Fennec Pharmaceuticals
FENC
$348M
$5.7M 6.17%
960,000
-11,795
-1% -$76.9K
EMKR
6
DELISTED
Emcore Corp
EMKR
$5.28M 5.72%
235,723
+12,460
+6% +$367K
MPC icon
7
Marathon Petroleum
MPC
$91.2B
$4.49M 4.86%
+190,000
New +$8.75M
IEC
8
DELISTED
IEC Electronics Corp.
IEC
$4.24M 4.59%
713,397
+102,014
+17% +$799K
MSGN
9
DELISTED
MSG Networks Inc.
MSGN
$4.13M 4.47%
405,000
+99,300
+32% +$1.42M
CPLG
10
DELISTED
CorePoint Lodging Inc. Common Stock
CPLG
$3.63M 3.93%
925,000
+398,275
+76% +$3.15M
BXC icon
11
BlueLinx
BXC
$509M
$3.61M 3.91%
730,000
+371,894
+104% +$4.18M
HIL
12
DELISTED
Hill International, Inc. Common Stock
HIL
$3.12M 3.38%
2,150,000
+633,793
+42% +$1.81M
AUD
13
DELISTED
Audacy, Inc.
AUD
$2.91M 3.15%
1,700,000
+813,300
+92% +$2.96M
GTX icon
14
Garrett Motion
GTX
$5.85B
$2.86M 3.1%
1,000,000
+326,500
+48% +$2.38M
OCSL icon
15
Oaktree Specialty Lending
OCSL
$1.07B
$2.55M 2.77%
262,796
+11,963
+5% +$175K
CAKE icon
16
Cheesecake Factory
CAKE
$5.24B
$2.48M 2.68%
+145,000
New +$4.88M
FGNX
17
FG Nexus Inc
FGNX
$43.3M
$2.39M 2.58%
3,911
+358
+10% +$238K
ASIX icon
18
AdvanSix
ASIX
$543M
$2.34M 2.53%
+245,000
New +$3.8M
ESTE
19
DELISTED
Earthstone Energy Inc. Class A Common Stock
ESTE
$2.16M 2.33%
1,225,000
+769,696
+169% +$3.2M
BBW icon
20
Build-A-Bear
BBW
$428M
$2.15M 2.32%
1,500,000
+755,000
+101% +$2.71M
BJRI icon
21
BJ's Restaurants
BJRI
$1.45B
$1.63M 1.77%
+117,500
New +$3.77M
GMLP
22
DELISTED
Golar LNG Partners LP
GMLP
$1.31M 1.42%
+390,000
New +$2.14M
GIFI
23
DELISTED
Gulf Island Fabrication
GIFI
$1.3M 1.41%
+433,273
New +$1.96M
PBF icon
24
PBF Energy
PBF
$7.82B
$1.15M 1.24%
162,000
+99,600
+160% +$2.24M
RRTS
25
DELISTED
RoadRunner Transportation Systems, Inc.
RRTS
$891K 0.96%
349,416
+113,716
+48% +$834K
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 2020 Portfolio in Review

As of Q1 2020, Solas Capital Management held 31 positions worth $92.3M, down 11% from $104M the previous quarter. Its ten largest holdings account for 63% of the portfolio.

Solas Capital Management deployed $60.2M of net new capital in Q1 2020, opening 9 new positions and adding to 17 existing holdings. Its largest new stake was Marathon Petroleum: 190,000 shares worth $4.49M.

By sector, the portfolio is most concentrated in Communication Services at 17% of assets, down from 24% a quarter earlier, followed by Energy and Financials.

On the sell side, the largest reduction was Virtus Investment Partners, an estimated $1.42M trimmed.

  • Solas Capital Management's largest Q1 2020 buy was Marathon Petroleum: 190,000 shares worth $4.49M.
  • Solas Capital Management added most to BlueLinx in Q1 2020, an estimated $4.18M increase.
  • Solas Capital Management's biggest Q1 2020 reduction was Virtus Investment Partners, cutting an estimated $1.42M.
  • Solas Capital Management fully exited Internap Corporation in Q1 2020, selling an estimated $1.03M.
  • Solas Capital Management's ten largest holdings make up 63% of its $92.3M portfolio in Q1 2020.
  • Solas Capital Management opened 9 new positions and closed 1 in Q1 2020.
  • Solas Capital Management's portfolio value fell 11% quarter-over-quarter to $92.3M.

Based on Solas Capital Management's 13F filing for Q1 2020, filed 15 May 2020.