Olesen Value Fund (SODI) reports 10.1% Solitron Devices stake
Rhea-AI Filing Summary
Olesen Value Fund L.P., together with Olesen Value Fund GP LLC and Christian Olesen, reports beneficial ownership of 216,508 Solitron Devices Inc. common shares, representing approximately 10.1% of the company’s outstanding stock, based on 2,152,703 shares outstanding as of July 10, 2026.
The position, acquired in open‑market transactions for an aggregate purchase price of approximately $811,460 using the fund’s working capital, is held for investment purposes in margin accounts. Olesen Value Fund has sole voting and dispositive power; the GP entity and Christian Olesen share such powers indirectly and disclaim beneficial ownership for other purposes. In the 60 days before July 21, 2026, Olesen Value Fund executed multiple open‑market sales of Solitron Devices shares, including 5,238 shares at $26.60 on June 24, 2026 and 3,366 shares at $29.71 on July 20, 2026. The reporting group states an interest in discussing options for shareholder value creation with Solitron’s management, board, or third parties and may adjust its holdings over time.
Positive
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Negative
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Key Figures
Beneficial ownership: 216,508 shares
Ownership percentage: 10.1%
Shares outstanding: 2,152,703 shares
+3 more
6 metrics
Beneficial ownership
216,508 shares
Shares of Solitron Devices common stock beneficially owned by the reporting persons
Ownership percentage
10.1%
Percent of Solitron Devices common stock represented by 216,508 shares
Shares outstanding
2,152,703 shares
Solitron Devices shares outstanding as of July 10, 2026 used for ownership calculation
Aggregate purchase price
approximately $811,460
Total consideration paid in open market transactions to acquire the Solitron stake
Example sale transaction
5,238 shares at $26.60/share
Open market sale on 6/24/2026 by Olesen Value Fund L.P.
Example sale transaction
3,366 shares at $29.71/share
Open market sale on 7/20/2026 by Olesen Value Fund L.P.
Key Terms
beneficially own, dispositive power, margin accounts, open market transactions, +1 more
5 terms
beneficially own financial
"may be deemed to beneficially own, in the aggregate, 216,508 shares"
Beneficially own means having the economic rights and risks of a security—such as the right to receive dividends, sell the shares, or profit from price changes—whether or not your name appears on the official share register. Think of it like renting a car: you use it and reap the benefits even if the title lists someone else. Investors care because beneficial ownership determines who truly controls value, must be disclosed under securities rules, and can signal potential influence or trading activity that affects a stock’s price.
dispositive power financial
"has sole voting power and sole dispositive power with regard to 216,508 shares"
Dispositive power is the authority to decide the final outcome of an asset, legal claim, contract, or corporate action — in effect the power to dispose of or resolve something. For investors it matters because whoever holds that authority can determine who gets paid, who controls an asset or vote, and how risks and returns are allocated; think of it like holding the key that lets you lock in the winner or loser in a deal.
margin accounts financial
"The shares are held in margin accounts together with other securities"
A margin account is a brokerage account that lets an investor borrow money from the broker to buy more securities than they could with cash alone, using the securities in the account as security for the loan. Think of it like a mortgage for stock purchases: borrowing increases potential gains but also magnifies losses, can trigger a forced sale if the account falls below required limits, and carries interest costs—factors investors must manage carefully.
open market transactions financial
"all of which were open market transactions entered into by Olesen Value Fund L.P."
Open market transactions are the buying and selling of a company’s shares or other securities conducted on public exchanges or through the wider market rather than through private deals or negotiated placements. They matter to investors because these trades change supply and demand in real time—like shoppers affecting a store’s inventory—and so can move prices, signal management or investor sentiment, affect liquidity, and alter ownership stakes that influence future returns and risk.
Schedule 13G regulatory
"previously filed a statement on Schedule 13G to report the acquisition"
A Schedule 13G is a formal document that investors file with the government when they acquire a large ownership stake in a company, usually for investment purposes rather than control. It helps keep the public informed about who owns significant parts of a company's shares, which can influence how the company is managed and how investors make decisions. Filing this schedule is important for transparency and understanding the ownership landscape of publicly traded companies.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What stake does Olesen Value Fund hold in Solitron Devices (SODI)?
Olesen Value Fund and related parties report beneficial ownership of 216,508 Solitron Devices shares, representing approximately 10.1% of the company’s common stock, based on 2,152,703 shares outstanding as of July 10, 2026.
What did Olesen Value Fund pay to build its Solitron Devices (SODI) position?
Olesen Value Fund acquired its Solitron Devices shares in open‑market transactions for an aggregate purchase price of approximately $811,460, using the fund’s general working capital, with the shares held in margin accounts alongside other securities.
What is Olesen Value Fund’s stated purpose for its Solitron Devices (SODI) investment?
The Solitron Devices stake is held for investment purposes. The reporting persons express interest in discussing options for shareholder value creation with management, the board, or third parties and may hold, increase, or decrease their position over time.
What recent trading activity in Solitron Devices (SODI) did Olesen Value Fund disclose?
Over the 60 days before July 21, 2026, Olesen Value Fund reported several open‑market sales, including 5,238 shares at $26.60 on June 24, 2026 and 3,366 shares at $29.71 on July 20, 2026.