Solas Capital Management, LLC 13F holdings, Q2 2025
Holdings as of June 30, 2025 · filings on SEC EDGAR · latest filing →
Solas Capital Management, LLC disclosed 20 US equity positions worth $178.7m in its Q2 2025 13F filing. The largest position was EPSN at 15.3% of the reported book, followed by FENC and GO. Against the Q1 2025 filing, it opened 5 new positions, added to 2 and reduced 12 among the top 20 holdings.
What did Solas Capital Management, LLC own in Q2 2025? Top 20 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q1 2025 |
|---|---|---|---|---|---|---|---|
| 1 | EPSN EPSILON ENERGY LTD | 15.3% | $27.3m | 3,694,040 | -2% | reduced | |
| 2 | FENC FENNEC PHARMACEUTICALS INC | 10.4% | $18.5m | 2,232,902 | -1% | reduced | |
| 3 | GO GROCERY OUTLET HLDG CORP | Consumer Defensive | 6.8% | $12.2m | 979,681 | -0% | held |
| 4 | ALPHA COGNITION INC | 6.7% | $11.9m | 1,276,012 | -8% | reduced | |
| 5 | SNDA SONIDA SENIOR LIVING INC | Healthcare | 6.6% | $11.8m | 474,711 | -9% | reduced |
| 6 | ASIX ADVANSIX INC | Basic Materials | 6.0% | $10.7m | 449,006 | – | new |
| 7 | AAP ADVANCE AUTO PARTS INC | Consumer Cyclical | 5.6% | $10.0m | 214,061 | -24% | reduced |
| 8 | ASTL ALGOMA STL GROUP INC | 5.5% | $9.9m | 1,431,936 | -2% | reduced | |
| 9 | REGN REGENERON PHARMACEUTICALS | Healthcare | 5.5% | $9.8m | 18,594 | – | new |
| 10 | SANUWAVE HEALTH INC | 5.5% | $9.7m | 296,691 | -49% | reduced | |
| 11 | WBA WALGREENS BOOTS ALLIANCE INC | 5.0% | $8.9m | 771,300 | -2% | reduced | |
| 12 | VTOL BRISTOW GROUP INC | 4.6% | $8.2m | 250,194 | – | new | |
| 13 | GT GOODYEAR TIRE & RUBR CO | Consumer Cyclical | 4.1% | $7.3m | 705,784 | – | new |
| 14 | ZIMV ZIMVIE INC | 3.6% | $6.4m | 686,634 | 102% | added | |
| 15 | MERC MERCER INTL INC | Basic Materials | 3.3% | $5.9m | 1,675,142 | 63% | added |
| 16 | LEE LEE ENTERPRISES INC | 1.7% | $3.0m | 472,748 | -2% | reduced | |
| 17 | ODP1 THE ODP CORP | 1.4% | $2.6m | 141,145 | – | new | |
| 18 | MODULAR MED INC | 1.3% | $2.4m | 3,179,590 | -2% | reduced | |
| 19 | SPWH SPORTSMANS WHSE HLDGS INC | 1.2% | $2.2m | 631,296 | -66% | reduced | |
| 20 | CTRN CITI TRENDS INC | Consumer Cyclical | 0.1% | $162.8k | 4,875 | -97% | reduced |
Weights are shares of the reported long US equity book (options excluded). Values are as filed, normalised to whole dollars. Share changes compare against the immediately preceding filing only.