Solas Capital Management, Llc
- Regulatory AUM
- $629M
- Discretionary
- $629M
- Clients
- 3
- Avg AUM / client
- $210M
- Accounts
- 3
- Employees
- 4
AUM over time
Reported AUM from Form ADV filings, plotted by filing date · as of Mar 27, 2026
Investments (13F portfolio — 22 positions, $173,872,464)
13F period Mar 31, 2026| # | Issuer | Class | Value | Shares | % of 13F | % of AUM |
|---|---|---|---|---|---|---|
| 1 | Epsilon Energy Ltd | COM | $21,379,888 | 3,470,761 | 12.3% | 3.4% |
| 2 | Fennec Pharmaceuticals Inc | COM | $15,265,518 | 2,482,198 | 8.78% | 2.43% |
| 3 | Sonida Senior Living Inc | COM | $14,379,598 | 445,879 | 8.27% | 2.29% |
| 4 | Lee Enterprises Inc | COM | $13,945,445 | 1,684,486 | 8.02% | 2.22% |
| 5 | Advansix Inc | COM | $12,615,508 | 517,029 | 7.26% | 2.01% |
| 6 | Kyndryl Hldgs Inc | COMMON STOCK | $12,010,612 | 915,443 | 6.91% | 1.91% |
| 7 | Alpha Cognition Inc | COM NEW | $10,566,147 | 1,924,617 | 6.08% | 1.68% |
| 8 | Grocery Outlet Hldg Corp | COM | $9,836,054 | 1,395,185 | 5.66% | 1.56% |
| 9 | Molina Healthcare Inc | COM | $9,160,243 | 68,719 | 5.27% | 1.46% |
| 10 | Advance Auto Parts Inc | COM | $8,923,348 | 169,163 | 5.13% | 1.42% |
| 11 | Insperity Inc | COM | $6,810,078 | 251,852 | 3.92% | 1.08% |
| 12 | Maia Biotechnology Inc | COM | $6,015,806 | 4,297,004 | 3.46% | 0.96% |
| 13 | Sanuwave Health Inc | COM | $4,971,117 | 287,514 | 2.86% | 0.79% |
| 14 | Seaport Entmt Group Inc | COMMON STOCK | $4,788,279 | 222,918 | 2.75% | 0.76% |
| 15 | Euronet Worldwide Inc | COM | $4,777,844 | 71,988 | 2.75% | 0.76% |
| 16 | Burford Capital Limited | ORD SHS | $4,433,867 | 980,944 | 2.55% | 0.7% |
| 17 | Algoma Stl Group Inc | COM | $4,325,985 | 1,047,454 | 2.49% | 0.69% |
| 18 | Enviri Corp | COM | $3,947,642 | 201,205 | 2.27% | 0.63% |
| 19 | Alight Inc | COM CL A | $2,478,702 | 4,253,822 | 1.43% | 0.39% |
| 20 | Modular Med Inc | COM NEW ADDED | $1,521,142 | 288,095 | 0.87% | 0.24% |
| 21 | Mercer Intl Inc | COM | $1,122,280 | 790,338 | 0.65% | 0.18% |
| 22 | Hain Celestial Group Inc | COM | $597,361 | 856,064 | 0.34% | 0.09% |
Top 25 of 22 positions from the manager's latest Form 13F · source filing (EDGAR) ↗. 13F covers long US-listed positions only. "% of AUM" is share of the firm's total regulatory AUM (Form ADV Item 5.F).
Who they serve
| Client type | Clients | AUM | % of AUM |
|---|---|---|---|
| Pooled investment vehicles (non-investment companies) | 3 | $629M | 100.0% |
Private funds (2)
Reported in Form ADV Section 7.B.(1), filing of Mar 2024 · $102M combined gross assets
| Fund | Type | Domicile | Gross assets | Owners |
|---|---|---|---|---|
| Solas Capital Partners Ii, Lp | Hedge Fund | Delaware | $61.8M | 2 |
| Solas Capital Partners, Lp | Hedge Fund | Delaware | $40.4M | 16 |
People (2)
| Name | Role / title | Credentials | With firm since | Ownership |
|---|---|---|---|---|
| Golden, Frederick, Tucker | Chief Investment Officer | Sep 2004 (22y) | ≈ 56.25% – 100% via Solas Capital Holdings, Lp | |
| Cator, James, Stephen | Chief Compliance Officer | Nov 2023 (3y) | Less than 5% |
Entity owners (Schedule A/B)
| Entity | Title / status | Since | Sch. | Ownership |
|---|---|---|---|---|
| Solas Capital Holdings, Lp | Member | Dec 2018 | A | 75% or more |
Undisclosed: 0% – 25% of the firm is not attributable from the filed Schedule A bands.
Estimated effective ownership (look-through of filed bands):
- Golden, Frederick, Tucker: 75% – 100% of Solas Capital Holdings, Lp × 75% – 100% direct ≈ 56.25% – 100% of the firm
Roster from the IAPD representatives feed; ownership and acquisition dates from Form ADV Schedule A/B. "Since" is the earliest filed registration or acquisition date.
Private funds (2, $102M gross assets)
| Fund | Type | Gross assets | Min. investment | Owners |
|---|---|---|---|---|
| Solas Capital Partners Ii, Lp | Hedge Fund | $61.8M | $500K | 2 |
| Solas Capital Partners, Lp | Hedge Fund | $40.4M | $500K | 16 |
From Form ADV Section 7.B private fund reporting.
Documents (1 archived)
| Form | Period | Size | |
|---|---|---|---|
| Form ADV (full filing) | 03/27/2026 | 1.38 MB | View · PDF · Source ↗ |
Archived copies of the firm's regulatory filings, versioned by content hash.
Disciplinary disclosures
No disciplinary events reported on the firm's latest Form ADV filing.
How they charge
- • Percentage of assets under management
- • Performance-based fees
Services
- • Portfolio management for pooled investment vehicles
Custody
Firm reports it does not have custody of client funds or securities (Item 9.A).
No custodian data reported or mined yet.
Source
All data on this page comes from this firm's Form ADV filings, reproduced without modification. Latest filing: Mar 27, 2026.
View current Form ADV (SEC/IAPD) ↗