Equal-WT
WhaleScore 2.0
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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 $537,737,000 (Form ADV from 2023-11-03). Their last reported 13F filing for Q3 2023 included $142,946,928 in managed 13F securities
and a top 10 holdings concentration of 78.5%. Solas Capital Management's largest holding is Epsilon Energy Ltd with shares held of 3,768,467. Whalewisdom has at least 20 13F filings, 13 13D filings, 30 13G filings, and 42 Form 4 filings
2023-09-30
Top Buys (13F)
| Name | % Change |
|---|---|
| AAP Advance Auto Parts, | 5.85% |
| KD Kyndryl Holdings Inc | 5.23% |
| GTX Garrett Motion Inc | 1.15% |
| EPSN Epsilon Energy Ltd | 1.1% |
| CVEO Civeo Corp | 0.88% |
2023-09-30
Top Sells (13F)
| Name | % Change |
|---|---|
| GPS Gap (The) | 5.02% |
| CRC California Resources | 4.13% |
| CGNT Cognyte Software Ltd | 3.2% |
| QMCO Quantum Corp | 1.49% |
| FIP FTAI Infrastructure | 0.38% |
2023-09-30
13F Holdings Summary
| Name | $ Change |
|---|---|
| EPSN Epsilon Energy Ltd | 13.92% |
| KD Kyndryl Holdings Inc | 12.05% |
| FENC Fennec Pharmaceutica | 9.07% |
| AMBP Ardagh Metal Packagi | 7.62% |
| ASTL Algoma Steel Group I | 7.26% |
2023-09-30
13F Activity
| Market Value | $143m, Prior: $150m |
| New Purchases | 1 stocks |
| Additional Purchases | 12 stocks |
| Sold out of | 3 stocks |
| Reduced holdings in | 4 stocks |
| Top 10 Holdings % | 78.5% |
| Turnover %[1] | 21.05% |
| Turnover Alt %[2] | 14.51% |
| Time Held Top 20 | 5.3684 quarters |
| Time Held Top 10 | 4.6 quarters |
| Time Held All | 7 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.
2023-09-30
13F Sector Allocation Over Time
2023-09-30
Analysis
Top 20 equal-weighted holdings. Performance numbers calculated through 2023-09-30