Solas Capital Management, LLC

CIK: 0001604867Latest portfolio: $176.2M · Q4 2025

Holdings

22

Total Value

$176.2M

New Positions

6

Closed Positions

4

Top Holdings

#StockSharesValue% PortfolioChangeType
1
FRXFENNEC PHARMACEUTICALS INC
2,560,726$19.7M11.19%+373K
2
EPSNEPSILON ENERGY LTD
3,545,186$16.4M9.33%-74,427
3
SNDASONIDA SENIOR LIVING INC
455,537$14.9M8.43%-12,172
4
ACOGALPHA COGNITION INC
1,968,052$12.8M7.26%+686K
5
MOHMOLINA HEALTHCARE INC
68,314$11.9M6.73%+12K
6
GOGROCERY OUTLET HLDG CORP
1,124,055$11.4M6.44%+448K
7
KDKYNDRYL HLDGS INC
407,634$10.8M6.14%NEW
8
ASIXADVANSIX INC
615,445$10.6M6.04%+94K
9
SNWVSANUWAVE HEALTH INC
293,529$8.8M4.97%+92K
10
AWNADVANCE AUTO PARTS INC
192,663$7.6M4.30%+46K
11
PRMBPRIMO BRANDS CORPORATION
460,619$7.5M4.27%NEW
12
NSPINSPERITY INC
182,132$7.1M4.00%NEW
13
GTGOODYEAR TIRE & RUBR CO
676,976$5.9M3.36%-14,593
14
EEFTEURONET WORLDWIDE INC
73,494$5.6M3.17%NEW
15
G3VGREEN PLAINS INC
563,453$5.5M3.13%NEW
16
SEGSEAPORT ENTMT GROUP INC
227,578$4.5M2.55%-4,660
17
ASTLALGOMA STL GROUP INC
1,069,351$4.4M2.49%-21,897
18
TEXTEREX CORP NEW
71,663$3.8M2.17%NEW
19
MERCMERCER INTL INC
1,607,315$3.2M1.81%-42,717
20
LEE ENTERPRISES INC
472,748$2.2M1.26%
21
MODDMODULAR MED INC
4,424,059$1.6M0.91%+646K
22
SPWHSPORTSMANS WHSE HLDGS INC
44,387$64K0.04%-146,729

Quarterly Changes

New Positions

Closed Positions

Increased Positions

NameSharesChange
ACOG2.0M+686K
MODD4.4M+646K
FRX2.6M+373K
ASIX615K+94K
SNWV294K+92K
AWN193K+46K
MOH68K+12K
SPWH44K+-146729

Decreased Positions

NameSharesChange
EPSN3.5M-74427
MERC1.6M-42717
ASTL1.1M-21897
GT677K-14593
SNDA456K-12172
SEG228K-4660
GO1.1M448K

Sector Breakdown

Healthcare0.0% ($148551185.6T)
Unknown0.0% ($19717757.2T)
Basic Materials0.0% ($1064.7T)
Consumer Defensive0.0% ($113.5B)
Technology0.0% ($108.3B)
Industrials0.0% ($70.5B)
Consumer Cyclical0.0% ($593.1M)
Energy0.0% ($16.4M)
Financial Services0.0% ($12.8M)
Real Estate0.0% ($4.5M)

Filing History

QuarterFiling DatePortfolio ValueHoldings
Q4 2025Feb 17, 2026$176.2M22
Q3 2025Nov 14, 2025$163.8B20
Q2 2025Aug 14, 2025$178.7B20
Q1 2025May 15, 2025$177.7B21
Q4 2024Feb 14, 2025$150.6B19

Fund Information

CIK0001604867
Most Recent FilingFeb 17, 2026
Number of Filings5

Solas Capital Management, LLC is an institutional investment manager that files 13F reports with the SEC. As of the Q4 2025 filing, the fund reported a portfolio valued at $176.2M across 22 holdings. The largest position is FENNEC PHARMACEUTICALS INC (FRX), representing 11.2% of the portfolio. Compared to the previous quarter, the fund opened 6 new positions and closed 4 positions. 13F filings are required quarterly disclosures that provide transparency into the holdings of institutional investment managers with at least $100 million in qualifying assets.