13F

Investor

Solas Capital Management, LLC

CIK 0001604867 · filed 2026-05-15 · SEC filing

13F book

$173.9M

Positions

22

6 new · 6 sold

Largest name

12.3%

Epsilon Energy Ltd. · EPSN

Est. mark

−$11.2M

Price effect on 16 names still held. Flow $8.79M.
NameTickerSharesValueWeightEst. markChange
Epsilon Energy Ltd.EPSN3.47M$21.4M12.3%$5.28MCut$4.93M
Fennec Pharmaceuticals Inc.FENC2.48M$15.3M8.8%−$3.85MCut−$4.45M
Sonida Senior Living, Inc.SNDA445.9K$14.4M8.3%−$160.5KCut−$475.5K
LEE ENTERPRISES, IncLEE1.68M$13.9M8.0%$1.7MAdded$11.7M
AdvanSix Inc.ASIX517K$12.6M7.3%$3.67MCut$1.97M
Kyndryl Hldgs Inc915.4K$12M6.9%−$5.48MAdded$1.18M
Alpha Cognition Inc.ACOG1.92M$10.6M6.1%−$1.94MCut−$2.23M
Grocery Outlet Hldg Corp1.4M$9.84M5.7%−$3.43MAdded−$1.52M
Molina Healthcare, Inc.MOH68.7K$9.16M5.3%−$2.75MAdded−$2.69M
Advance Auto Parts IncAAP169.2K$8.92M5.1%$2.28MCut$1.35M
Insperity, Inc.NSP251.9K$6.81M3.9%−$2.13MAdded−$242.1K
MAIA Biotechnology, Inc.MAIA4.3M$6.02M3.5%New
SANUWAVE Health, Inc.SNWV287.5K$4.97M2.9%−$3.61MCut−$3.79M
Seaport Entmt Group Inc222.9K$4.79M2.8%$381.2KCut$289.1K
Euronet Worldwide, Inc.EEFT72K$4.78M2.7%−$701.2KCut−$815.8K
Burford Cap Ltd980.9K$4.43M2.5%New
Algoma Stl Group Inc1.05M$4.33M2.5%$31.4KCut−$58.4K
Enviri CorpNVRI201.2K$3.95M2.3%New
Alight Inc4.25M$2.48M1.4%New
Modular Med Inc288.1K$1.52M0.9%New
Mercer Intl Inc790.3K$1.12M0.6%−$442.6KCut−$2.06M
Hain Celestial Group IncHAIN856.1K$597.4K0.3%New

Positions as of Q1 2026. 13F filings arrive up to 45 days after quarter-end and omit shorts. Values are quarter-end marks, as filed. Estimated mark is the price effect on shares still held — not realized P&L or investment advice.