Filed: 11/14/2023ACC: 0000950123-23-010914
📋 What this filing means
WESTERN STANDARD LLC filed this quarterly 13F‑HR report disclosing 28 equity positions with a total reported market value of $110.73M. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.
28
Positions
$110.73M
Total AUM (reported)
10.77M
Total Shares
Allocation by class
COM$61.13M55.2%
COM NEW$25.27M22.8%
ORD SHS$8.99M8.1%
CUM CONV PFD A$5.84M5.3%
COM CL A$5.63M5.1%
CL A$1.94M1.7%
COM SH BEN INT$1.93M1.7%
Portfolio Concentration
Top 3$45.90M41.5%
4–10$39.52M35.7%
11–25$24.49M22.1%
Rest$818.0K0.7%
Top 3 weight
41.5%
Top 10 weight
77.1%
Voting Authority Distribution
Total shares with voting rights: 10.77M
Sole
Full voting authority
10.77M
shares
% of voting shares100.0%
Shared
Joint voting authority
0.00
shares
% of voting shares0.0%
None
No voting authority
0.00
shares
% of voting shares0.0%
Investment Discretion (by position count)
Sole28
Shared0
Other0
Dominant voting typeSole · 100.0% of voting shares
Institutional Holdings28
Rows:
MERRIMACK PHARMACEUTICALS IN
SOLEShares1.89M
TypeSH
Market value$23.35M
21.09%
Sole
1.89M
Shared
0.00
None
0.00
BRISTOW GROUP INC
SOLEShares481.33K
TypeSH
Market value$13.56M
12.25%
Sole
481.33K
Shared
0.00
None
0.00
DOLE PLC
SOLEShares776.11K
TypeSH
Market value$8.99M
8.12%
Sole
776.11K
Shared
0.00
None
0.00
HEALTHSTREAM INC
SOLEShares393.08K
TypeSH
Market value$8.48M
7.66%
Sole
393.08K
Shared
0.00
None
0.00
DOUGLAS DYNAMICS INC
SOLEShares229.55K
TypeSH
Market value$6.93M
6.26%
Sole
229.55K
Shared
0.00
None
0.00
ECOVYST INC
SOLEShares615.11K
TypeSH
Market value$6.05M
5.47%
Sole
615.11K
Shared
0.00
None
0.00
RLJ LODGING TR
SOLEShares242.83K
TypeSH
Market value$5.84M
5.27%
Sole
242.83K
Shared
0.00
None
0.00
IRHYTHM TECHNOLOGIES INC
SOLEShares45.66K
TypeSH
Market value$4.30M
3.89%
Sole
45.66K
Shared
0.00
None
0.00
ORTHOFIX MED INC
SOLEShares329.65K
TypeSH
Market value$4.24M
3.83%
Sole
329.65K
Shared
0.00
None
0.00
COMPOSECURE INC
SOLEShares569.37K
TypeSH
Market value$3.67M
3.32%
Sole
569.37K
Shared
0.00
None
0.00
TURNING PT BRANDS INC
SOLEShares147.09K
TypeSH
Market value$3.40M
3.07%
Sole
147.09K
Shared
0.00
None
0.00
PATHWARD FINANCIAL INC
SOLEShares65.57K
TypeSH
Market value$3.02M
2.73%
Sole
65.57K
Shared
0.00
None
0.00
VECTOR GROUP LTD
SOLEShares265.42K
TypeSH
Market value$2.82M
2.55%
Sole
265.42K
Shared
0.00
None
0.00
ARCA BIOPHARMA INC
SOLEShares1.17M
TypeSH
Market value$2.36M
2.13%
Sole
1.17M
Shared
0.00
None
0.00
GEN DIGITAL INC
SOLEShares121.45K
TypeSH
Market value$2.15M
1.94%
Sole
121.45K
Shared
0.00
None
0.00
TILLYS INC
SOLEShares238.63K
TypeSH
Market value$1.94M
1.75%
Sole
238.63K
Shared
0.00
None
0.00
EQUITY COMWLTH
SOLEShares105.10K
TypeSH
Market value$1.93M
1.74%
Sole
105.10K
Shared
0.00
None
0.00
NORTHEAST BK LEWISTON ME
SOLEShares29.30K
TypeSH
Market value$1.29M
1.17%
Sole
29.30K
Shared
0.00
None
0.00
XPONENTIAL FITNESS INC
SOLEShares66.70K
TypeSH
Market value$1.03M
0.93%
Sole
66.70K
Shared
0.00
None
0.00
CPI CARD GROUP INC
SOLEShares52.40K
TypeSH
Market value$970.4K
0.88%
Sole
52.40K
Shared
0.00
None
0.00
ABEONA THERAPEUTICS INC
SOLEShares224.15K
TypeSH
Market value$943.7K
0.85%
Sole
224.15K
Shared
0.00
None
0.00
BIOVENTUS INC
SOLEShares281.41K
TypeSH
Market value$928.7K
0.84%
Sole
281.41K
Shared
0.00
None
0.00
INSTIL BIO INC
SOLEShares1.80M
TypeSH
Market value$769.1K
0.69%
Sole
1.80M
Shared
0.00
None
0.00
AVROBIO INC
SOLEShares310.36K
TypeSH
Market value$478.0K
0.43%
Sole
310.36K
Shared
0.00
None
0.00
NI HLDGS INC
SOLEShares35.63K
TypeSH
Market value$458.6K
0.41%
Sole
35.63K
Shared
0.00
None
0.00
| Issuer | Class | Shares | Type | Value / Portfolio % | Voting — Sole | Shared | None |
|---|---|---|---|---|---|---|---|
MERRIMACK PHARMACEUTICALS INSOLE | COM NEW | 1.89M | SH | $23.35M 21.09% | 1.89M | 0.00 | 0.00 |
BRISTOW GROUP INCSOLE | COM | 481.33K | SH | $13.56M 12.25% | 481.33K | 0.00 | 0.00 |
DOLE PLCSOLE | ORD SHS | 776.11K | SH | $8.99M 8.12% | 776.11K | 0.00 | 0.00 |
HEALTHSTREAM INCSOLE | COM | 393.08K | SH | $8.48M 7.66% | 393.08K | 0.00 | 0.00 |
DOUGLAS DYNAMICS INCSOLE | COM | 229.55K | SH | $6.93M 6.26% | 229.55K | 0.00 | 0.00 |
ECOVYST INCSOLE | COM | 615.11K | SH | $6.05M 5.47% | 615.11K | 0.00 | 0.00 |
RLJ LODGING TRSOLE | CUM CONV PFD A | 242.83K | SH | $5.84M 5.27% | 242.83K | 0.00 | 0.00 |
IRHYTHM TECHNOLOGIES INCSOLE | COM | 45.66K | SH | $4.30M 3.89% | 45.66K | 0.00 | 0.00 |
ORTHOFIX MED INCSOLE | COM | 329.65K | SH | $4.24M 3.83% | 329.65K | 0.00 | 0.00 |
COMPOSECURE INCSOLE | COM CL A | 569.37K | SH | $3.67M 3.32% | 569.37K | 0.00 | 0.00 |
TURNING PT BRANDS INCSOLE | COM | 147.09K | SH | $3.40M 3.07% | 147.09K | 0.00 | 0.00 |
PATHWARD FINANCIAL INCSOLE | COM | 65.57K | SH | $3.02M 2.73% | 65.57K | 0.00 | 0.00 |
VECTOR GROUP LTDSOLE | COM | 265.42K | SH | $2.82M 2.55% | 265.42K | 0.00 | 0.00 |
ARCA BIOPHARMA INCSOLE | COM | 1.17M | SH | $2.36M 2.13% | 1.17M | 0.00 | 0.00 |
GEN DIGITAL INCSOLE | COM | 121.45K | SH | $2.15M 1.94% | 121.45K | 0.00 | 0.00 |
TILLYS INCSOLE | CL A | 238.63K | SH | $1.94M 1.75% | 238.63K | 0.00 | 0.00 |
EQUITY COMWLTHSOLE | COM SH BEN INT | 105.10K | SH | $1.93M 1.74% | 105.10K | 0.00 | 0.00 |
NORTHEAST BK LEWISTON MESOLE | COM | 29.30K | SH | $1.29M 1.17% | 29.30K | 0.00 | 0.00 |
XPONENTIAL FITNESS INCSOLE | COM CL A | 66.70K | SH | $1.03M 0.93% | 66.70K | 0.00 | 0.00 |
CPI CARD GROUP INCSOLE | COM NEW | 52.40K | SH | $970.4K 0.88% | 52.40K | 0.00 | 0.00 |
ABEONA THERAPEUTICS INCSOLE | COM NEW | 224.15K | SH | $943.7K 0.85% | 224.15K | 0.00 | 0.00 |
BIOVENTUS INCSOLE | COM CL A | 281.41K | SH | $928.7K 0.84% | 281.41K | 0.00 | 0.00 |
INSTIL BIO INCSOLE | COM | 1.80M | SH | $769.1K 0.69% | 1.80M | 0.00 | 0.00 |
AVROBIO INCSOLE | COM | 310.36K | SH | $478.0K 0.43% | 310.36K | 0.00 | 0.00 |
NI HLDGS INCSOLE | COM | 35.63K | SH | $458.6K 0.41% | 35.63K | 0.00 | 0.00 |
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