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Solus Alternative Asset Management LP

CIK:0001407737
Hedge Fund
$3B AUM
9 holdings
Summit, NJ, United States
Founded:2007
51 employees
Latest filing:Jun 30, 2025

Solus Alternative Asset Management LP is a U.S.-based hedge fund and investment adviser headquartered in Summit, New Jersey. The firm specializes in alternative investment strategies with a focus on credit and event-driven opportunities. Founded in 2007, Solus manages funds for institutional clients, including pensions, endowments, and foundations. The firm employs a team of investment professionals and support staff with expertise in managing complex investment portfolios across credit and distressed assets.

Investment Strategy

Solus Alternative Asset Management LP pursues alternative credit and event-driven investment strategies, focusing on distressed assets, restructuring situations, special situations, and a concentrated portfolio of credit and equity holdings. The firm utilizes in-depth, bottom-up fundamental research and opportunistic positioning to capture value in mispriced credit and special situation equities. The strategy emphasizes risk management and seeks asymmetric return profiles through both long and short exposures, often capitalizing on dislocations in the credit markets.

Latest 13F Filing Activity

Solus Alternative Asset Management LP filed their most recent 13F report on Jun 30, 2025 disclosing 8 equity positions with a total 13F market value of $280M. The fund increased holdings in Bristow Group Inc., Veon LTD, Valero Energy Corp. among other positions. Solus Alternative Asset Management LP reduced exposure to Chevron Corp. New, Exxon Mobil Corp., Transocean LTD among others.

Top Buys
C
CVXCHEVRON CORP NEW
-$5.3M
X
XOMEXXON MOBIL CORP
-$3.6M
V
VTOLBRISTOW GROUP INC
+$2.8M
R
RIGTRANSOCEAN LTD
-$2.6M
V
VEONVEON LTD
+$2.1M
Top Sells
C
CVXCHEVRON CORP NEW
-$5.3M
X
XOMEXXON MOBIL CORP
-$3.6M
V
VTOLBRISTOW GROUP INC
+$2.8M
R
RIGTRANSOCEAN LTD
-$2.6M
V
VEONVEON LTD
+$2.1M

Top Holdings

V
VTOLBRISTOW GROUP INC
+36.3%$101.4M
V
VEONVEON LTD
+14.1%$39.4M
X
XOMEXXON MOBIL CORP
+12.4%$34.6M
V
VLOVALERO ENERGY CORP
+9.1%$25.5M
C
CVXCHEVRON CORP NEW
+9.1%$25.4M

Equity Positions (8)

TickerSecurityWeightMarket ValueSharesAvg CostPriceChange (QoQ)
BRISTOW GROUP INC36.26%$101.4M3,076,796$13.93$32.97+$2.8M
VEON LTD14.10%$39.4M856,102$19.96$46.07+$2.1M
EXXON MOBIL CORP12.38%$34.6M321,310$59.14$107.80-$3.6M
VALERO ENERGY CORP9.11%$25.5M189,577$77.69$134.42+$1.6M
CHEVRON CORP NEW9.10%$25.4M177,723$105.21$143.19-$5.3M

Industry Allocation

AIR TRANSPORTATION, NONSCHEDULED
+35.6%
PETROLEUM REFINING
+30.8%
RADIOTELEPHONE COMMUNICATIONS
+14.9%
DRILLING OIL & GAS WELLS
+4.5%
OIL & GAS FIELD MACHINERY & EQUIPMENT
+2.5%