SOLAS CAPITAL MANAGEMENT, LLC

HTTPS://WWW.SOLASCAPITAL.COM • DARIEN, CT • Investment Advisor • Hedge Fund How do I update this listing?

Download 13F Summary Create Email Alert

Subscription Required

Equal-WT
WhaleScore 2.0 ?

85

S&P 500
WhaleScore ?

Subscription Required

Original
WhaleScore ?

Solas Capital Management is based out of Darien. Solas Capital Management is a hedge fund with 3 clients and discretionary assets under management (AUM) of $486,602,000 (Form ADV from 2022-03-31). Their last reported 13F filing for Q4 2022 included $166,743,754 in managed 13F securities and a top 10 holdings concentration of 66.87%. Solas Capital Management's largest holding is Epsilon Energy Ltd with shares held of 3,308,467. Solas Capital Management has met the qualifications for inclusion in our WhaleScore system. Whalewisdom has at least 17 13F filings, 13 13D filings, 30 13G filings, and 41 Form 4 filings

12/31/2022

13F Activity

  • Market Value $166.744 Million
  • Prior Market Value $164.028 Million
  • New Purchases10 stocks
  • Additional Purchases5 stocks
  • Sold out of6 stocks
  • Reduced holdings in6 stocks
  • Top 10 Holdings % 66.87 %
  • Turnover % [1]:61.54%
  • Turnover Alt % [2]: 32.61 %
  • Time Held Top20:3.85 quarters
  • Time Held Top10:2.70 quarters
  • Time Held All:3.96 quarters

[1]: Turnover is calculated by taking the # of new holdings (initial purchases) + the # of positions sold out of (not just reduced) divided by the total # of holdings for the quarter.

[2]: Alt Turnover is calculated by taking either the total MV of new purchases or the MV of securities sold, whichever is less, divided by the total MV of the fund.

12/31/2022

13F Sector Allocation Over Time

Portfolio Performance

Top 20 equal-weighted holdings. Performance numbers calculated through 2023-02-14

Performance for Q4 2022: 7.88%
Performance Last 4 Quarters: 2.16%
Performance Metrics
Stdev (5-yrs): Subscription required BETA (5-yrs): Subscription required ALPHA (3-yrs): Subscription required
Max Drawdown (all-years): Subscription required Annualized Perf (3-yrs): Subscription required Batting Avg vs S&P. (3-yrs): Subscription required
Sortino (3-yrs): Subscription required Stutzer (3-yrs): Subscription required Treynor (3-yrs): Subscription required
Sterling (3-yrs): Subscription required Calmar (3-yrs): Subscription required Information Ratio (3-yrs): Subscription required
Tracking Error (3 yrs): Subscription required Stdev Down (3-yrs): Subscription required Winning Months %: Subscription required
Losing Months %: Subscription required Best 12 Months: Subscription required Worst 12 Months: Subscription required
Efficiency Ratio (3-yrs): Subscription required Sharpe: Subscription required Stdev Sectors: Subscription required
Skewness (3-yrs): Subscription required Kurtosis (3-yrs): Subscription required Upside Potential (3-yrs): Subscription required
Refresh Advanced Export Download CSV Download Excel (.xlsx) Download TSV
Filter by:

Click to See Additional Filters

Security Types:

Refresh
*Shares are split adjusted

Global (ex. US) Holdings

A premium subscription (standard or higher) is required to view global (non-US) holdings

Stale Holdings (no activity in past 21-months or sold out)

Source: Refinitiv. Stale holdings data removed after 21-months of inactivity.

View Last Form Adv Compilation Report on Record

SOLAS CAPITAL MANAGEMENT, LLC
Classified as Hedge Fund
1063 POST ROAD 2ND FLOOR
DARIEN CT    06820
Country: United States
Business Phone: 203-625-1300
Fax: 203-621-3310
Professional Investment Advisor Data
SEC Registration as : Large Advisory Firm
Form of Organization: Limited Liability Company
Organized in: DE
Number of employees: 4
Other Business Activities:
Advisor Fees/Compensation: Percentage of assets under management,Performance-based fees
Amount of client funds and securities:
Total Number of Clients: 3
Amount of client funds and securities by related persons: 53,368,000
Total Number of clients from related persons: 2
Disclosures:
Data above was derived from SEC filings.

Active Schedule 13D and 13G events

Sign in to see

Insider Transactions in the past year

Loading...

SOLAS CAPITAL MANAGEMENT, LLC

ownership team - last updated 2022-03-31
Name Title Start Date Direct/Indirect % Ownership
GOLDEN, FREDERICK, TUCKER CHIEF INVESTMENT OFFICER 09/01/2004 Direct less than 5%
Fund Name Position direct/indirect start date end date
SOLAS CAPITAL MANAGEMENT, LLC MANAGING MEMBER direct 2004-09-01
NURTMAN, HOWARD, IAN CCO 06/01/2021 Direct less than 5%
Fund Name Position direct/indirect start date end date
POTRERO CAPITAL RESEARCH, LLC CCO direct 2017-06-01
DAFNA CAPITAL MANAGEMENT, LLC CHIEF COMPLIANCE OFFICER direct 2014-06-01
TURQUOISE ASSET MANAGEMENT, LLC CHIEF COMPLIANCE OFFICER direct 2010-12-01
SOLAS CAPITAL HOLDINGS, LP MEMBER 12/01/2018 Direct 75% or more
Fund Name Position direct/indirect start date end date
SOLAS CAPITAL MANAGEMENT, LLC PARTNERSHIP direct 2018-12-01
GOLDEN, FREDERICK, TUCKER LIMITED PARTNER SOLAS CAPITAL HOLDINGS, LP 12/01/2018 Indirect 75% or more
Fund Name Position direct/indirect start date end date
SOLAS CAPITAL MANAGEMENT, LLC MANAGING MEMBER direct 2004-09-01
GOLDEN, FREDERICK, TUCKER GENERAL PARTNER SOLAS CAPITAL HOLDINGS, LP 12/01/2018 Indirect Other
Fund Name Position direct/indirect start date end date
SOLAS CAPITAL MANAGEMENT, LLC MANAGING MEMBER direct 2004-09-01

Private Funds

Name Country Fund Identification Number Fund Type Gross Asset Value Minimum Investment Other
SOLAS CAPITAL PARTNERS II, LP United States 805-4259312075 Hedge Fund 45,763,000 500,000
SOLAS CAPITAL PARTNERS, LP United States 805-1240197582 Hedge Fund 21,068,000 500,000

SOLAS CAPITAL MANAGEMENT, LLC

ownership team - last updated 2021-09-14
Name Title Start Date Direct/Indirect % Ownership
GOLDEN, FREDERICK, TUCKER CHIEF INVESTMENT OFFICER 09/01/2004 Direct less than 5%
Fund Name Position direct/indirect start date end date
SOLAS CAPITAL MANAGEMENT, LLC MANAGING MEMBER direct 2004-09-01
NURTMAN, HOWARD, IAN CCO 06/01/2021 Direct less than 5%
Fund Name Position direct/indirect start date end date
POTRERO CAPITAL RESEARCH, LLC CCO direct 2017-06-01
DAFNA CAPITAL MANAGEMENT, LLC CHIEF COMPLIANCE OFFICER direct 2014-06-01
TURQUOISE ASSET MANAGEMENT, LLC CHIEF COMPLIANCE OFFICER direct 2010-12-01
SOLAS CAPITAL HOLDINGS, LP MEMBER 12/01/2018 Direct 75% or more
Fund Name Position direct/indirect start date end date
SOLAS CAPITAL MANAGEMENT, LLC PARTNERSHIP direct 2018-12-01
GOLDEN, FREDERICK, TUCKER LIMITED PARTNER SOLAS CAPITAL HOLDINGS, LP 12/01/2018 Indirect 75% or more
Fund Name Position direct/indirect start date end date
SOLAS CAPITAL MANAGEMENT, LLC MANAGING MEMBER direct 2004-09-01
GOLDEN, FREDERICK, TUCKER GENERAL PARTNER SOLAS CAPITAL HOLDINGS, LP 12/01/2018 Indirect Other
Fund Name Position direct/indirect start date end date
SOLAS CAPITAL MANAGEMENT, LLC MANAGING MEMBER direct 2004-09-01

Private Funds

Name Country Fund Identification Number Fund Type Gross Asset Value Minimum Investment Other
SOLAS CAPITAL PARTNERS II, LP United States 805-4259312075 Hedge Fund 54,587,286 500,000
SOLAS CAPITAL PARTNERS, LP United States 805-1240197582 Hedge Fund 27,809,096 500,000

SOLAS CAPITAL MANAGEMENT, LLC

ownership team - last updated 2021-03-31
Name Title Start Date Direct/Indirect % Ownership
GOLDEN, FREDERICK, TUCKER CHIEF INVESTMENT OFFICER 09/01/2004 Direct less than 5%
Fund Name Position direct/indirect start date end date
SOLAS CAPITAL MANAGEMENT, LLC MANAGING MEMBER direct 2004-09-01
LEVY, ESTEE CHIEF FINANCIAL OFFICER, CHIEF COMPLIANCE OFFICER, CHIEF OPERATING OFFICER 05/01/2011 Direct less than 5%
Fund Name Position direct/indirect start date end date
SOLAS CAPITAL MANAGEMENT, LLC CHIEF FINANCIAL OFFICER, CHIEF COMPLIANCE OFFICER direct 2011-05-01
SOLAS CAPITAL MANAGEMENT, LLC CHIEF COMPLIANCE OFFICER direct 2012-01-01
SOLAS CAPITAL HOLDINGS, LP PARTNERSHIP 12/01/2018 Direct 75% or more
Fund Name Position direct/indirect start date end date
SOLAS CAPITAL MANAGEMENT, LLC PARTNERSHIP direct 2018-12-01
GOLDEN, FREDERICK, TUCKER PARTNER SOLAS CAPITAL HOLDINGS, LP 12/01/2018 Indirect 75% or more
Fund Name Position direct/indirect start date end date
SOLAS CAPITAL MANAGEMENT, LLC MANAGING MEMBER direct 2004-09-01

Private Funds

Name Country Fund Identification Number Fund Type Gross Asset Value Minimum Investment Other
SOLAS CAPITAL PARTNERS II, LP United States 805-4259312075 Hedge Fund 54,587,286 500,000
SOLAS CAPITAL PARTNERS, LP United States 805-1240197582 Hedge Fund 27,809,096 500,000

SOLAS CAPITAL MANAGEMENT, LLC

ownership team - last updated 2020-03-30
Name Title Start Date Direct/Indirect % Ownership

Private Funds

Name Country Fund Identification Number Fund Type Gross Asset Value Minimum Investment Other
SOLAS CAPITAL PARTNERS II, LP United States 805-4259312075 Hedge Fund 53,242,486 500,000
SOLAS CAPITAL PARTNERS, LP United States 805-1240197582 Hedge Fund 28,964,206 500,000

SOLAS CAPITAL MANAGEMENT, LLC

ownership team - last updated 2019-03-29
Name Title Start Date Direct/Indirect % Ownership
GOLDEN, FREDERICK, TUCKER CHIEF INVESTMENT OFFICER 09/01/2004 Direct less than 5%
Fund Name Position direct/indirect start date end date
SOLAS CAPITAL MANAGEMENT, LLC MANAGING MEMBER direct 2004-09-01
LEVY, ESTEE CHIEF FINANCIAL OFFICER, CHIEF COMPLIANCE OFFICER 05/01/2011 Direct less than 5%
Fund Name Position direct/indirect start date end date
SOLAS CAPITAL MANAGEMENT, LLC CHIEF FINANCIAL OFFICER, CHIEF COMPLIANCE OFFICER direct 2011-05-01
SOLAS CAPITAL MANAGEMENT, LLC CHIEF COMPLIANCE OFFICER direct 2012-01-01
SOLAS CAPITAL HOLDINGS, LP PARTNERSHIP 12/01/2018 Direct 75% or more
Fund Name Position direct/indirect start date end date
SOLAS CAPITAL MANAGEMENT, LLC PARTNERSHIP direct 2018-12-01
GOLDEN, FREDERICK, TUCKER PARTNER SOLAS CAPITAL HOLDINGS, LP 12/01/2018 Indirect 75% or more
Fund Name Position direct/indirect start date end date
SOLAS CAPITAL MANAGEMENT, LLC MANAGING MEMBER direct 2004-09-01

Private Funds

Name Country Fund Identification Number Fund Type Gross Asset Value Minimum Investment Other
SOLAS CAPITAL PARTNERS II, LP United States 805-4259312075 Hedge Fund 47,641,593 500,000
SOLAS CAPITAL PARTNERS, LP United States 805-1240197582 Hedge Fund 29,307,204 500,000

SOLAS CAPITAL MANAGEMENT, LLC

ownership team - last updated 2017-03-31
Name Title Start Date Direct/Indirect % Ownership
GOLDEN, FREDERICK, TUCKER MANAGING MEMBER 09/01/2004 Direct 75% or more
Fund Name Position direct/indirect start date end date
SOLAS CAPITAL MANAGEMENT, LLC MANAGING MEMBER direct 2004-09-01
LEVY, ESTEE CHIEF FINANCIAL OFFICER, CHIEF COMPLIANCE OFFICER 05/01/2011 Direct less than 5%
Fund Name Position direct/indirect start date end date
SOLAS CAPITAL MANAGEMENT, LLC CHIEF FINANCIAL OFFICER, CHIEF COMPLIANCE OFFICER direct 2011-05-01
SOLAS CAPITAL MANAGEMENT, LLC CHIEF COMPLIANCE OFFICER direct 2012-01-01

Private Funds

Name Country Fund Identification Number Fund Type Gross Asset Value Minimum Investment Other
SOLAS CAPITAL PARTNERS, LP United States 805-1240197582 Hedge Fund 22,643,016 500,000

WhaleScore history for SOLAS CAPITAL MANAGEMENT, LLC

You must have a subscription to view WhaleScore histories

Elevate your investments