Equal-WT
WhaleScore 2.0
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SOLUS ALTERNATIVE ASSET MANAGEMENT LP
SUMMIT NJ
Investment Advisor
Hedge Fund
Solus Alternative Asset Management is based out of Summit. Solus Alternative Asset Management is a hedge fund with 31 clients and discretionary assets under management (AUM) of $3,158,860,114 (Form ADV from 2024-03-29). Their last reported 13F filing for Q1 2025 included $290,089,701 in managed 13F securities
and a top 10 holdings concentration of 100.0%. Solus Alternative Asset Management's largest holding is Bristow Group Inc with shares held of 3,122,653. Whalewisdom has at least 71 13F filings, 27 13D filings, 82 13G filings, and 33 Form 4 filings
Business Description
Solus Alternative Asset Management LP ("Solus") is a limited partnership founded on June 29, 2007, after spinning off from Stanfield Capital Partners. The firm is led by Christopher Pucillo, a principal owner, and also includes Scott Martin as a principal owner. Solus acquired and continued managing Stanfield's former hedge fund products, maintaining the same investment team.
Solus serves as an investment advisor and sub-advisor with discretionary trading authority to private pooled investment vehicles (Funds) and separately managed accounts ("Managed Accounts"). Solus provides advisory services to multiple investor Funds, including the Sola Funds, which employ a credit, event-driven distressed strategy. Solus may offer any advisory services, engage in any investment strategy, and make any investment that it considers appropriate, subject to each Client’s investment objectives and guidelines. As of December 31, 2024, Solus managed approximately $3.3 billion on a discretionary basis.
Investment Strategy
Solus employs various investment strategies to implement investment advice, including long-term purchases, short-term purchases, and trading. They also utilize short sales, margin transactions, option writing (covered, uncovered, or spreading), bank loans, and derivative transactions. Solus aims to capitalize on investment opportunities through these strategies, as described in Section B of Item 8 and in the applicable offering and governing documents of its Clients.
Solus offers specific advisory services and pursues investment strategies that may include any investment Solus considers appropriate, subject to each Client’s investment objectives and guidelines. The investment strategies Solus pursues are speculative and entail substantial risks. Solus utilizes fundamental and/or technical analysis techniques in formulating advice and managing assets for Clients. Solus also provides advice with respect to event-driven, distressed and special situation investments, long only credit strategy and Long-Term Opportunities strategy.
Owners
- BSCH MASTER I SUB (SOL-MGR) L.P. - LIMITED PARTNER
- MARTINDALE, WIGHT - LIMITED PARTNER, EVP AND DIRECTOR OF BUSINESS DEVELOPMENT
- PUCILLO, CHRISTOPHER, ANTHONY - LIMITED PARTNER, CHIEF EXECUTIVE OFFICER AND CHIEF INVESTMENT OFFICER
- YEAGER, GORDON - LIMITED PARTNER, EVP, CHIEF RISK OFFICER AND CHIEF OPERATING OFFICER
- MARTIN, SCOTT - LIMITED PARTNER, EVP AND PORTFOLIO MANAGER
- FARRA, GEORGE, JOSEPH - CHIEF FINANCIAL OFFICER
- COSGROVE, RICHARD, T. - CHIEF COMPLIANCE OFFICER AND GENERAL COUNSEL Click on the Ownership/Private Fund Data tab for more details.
Known Email Addresses
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Other Contact Information
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2025-03-31
Top Buys (13F)
| Name | % Change |
|---|---|
| VEON VEON Ltd | 2.5% |
2025-03-31
Top Sells (13F)
| Name | % Change |
|---|---|
| FYBR Frontier Communicati | 7.66% |
| VTOL Bristow Group Inc | 0.93% |
2025-03-31
13F Holdings Summary
| Name | $ Change |
|---|---|
| VTOL Bristow Group Inc | 33.99% |
| XOM Exxon Mobil Corp. | 13.17% |
| VEON VEON Ltd | 12.87% |
| DEBT-MARA MARATHON DIGITAL HOL(PRN) | 12.81% |
| CVX Chevron Corp. | 10.61% |
2025-03-31
13F Activity
| Market Value | $290m, Prior: $314m |
| Inflows (Outflows) as % of Total MV | (-7.8102)% |
| New Purchases | 0 stocks |
| Added To | 1 stocks |
| Sold out of | 1 stocks |
| Reduced holdings in | 1 stocks |
| Top 10 Holdings % | 100% |
| Turnover %[1] | 10% |
| Turnover Alt %[2] | 0.66% |
| Time Held Top 20 | 12.2222 quarters |
| Time Held Top 10 | 11.5556 quarters |
| Time Held All | 12.22 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.
2025-03-31
13F Sector Allocation Over Time
limited to past 4 quarters. Subscribe to see all available data
2025-03-31
Analysis
Top 20 equal-weighted holdings. Performance numbers calculated through 2025-03-31