Filed: 2/14/2024ACC: 0000950123-24-002580
📋 What this filing means
WESTERN STANDARD LLC filed this quarterly 13F‑HR report disclosing 31 equity positions with a total reported market value of $150.20M. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.
31
Positions
$150.20M
Total AUM (reported)
8.52M
Total Shares
Allocation by class
COM$56.80M37.8%
RUSSELL 2000 ETF$44.16M29.4%
COM NEW$33.80M22.5%
COM SH BEN INT$4.83M3.2%
CL A$3.15M2.1%
ORD SHS$2.59M1.7%
COM CL A$2.36M1.6%
Portfolio Concentration
Top 3$86.73M57.7%
4–10$33.77M22.5%
11–25$26.77M17.8%
Rest$2.92M1.9%
Top 3 weight
57.7%
Top 10 weight
80.2%
Voting Authority Distribution
Total shares with voting rights: 8.52M
Sole
Full voting authority
8.52M
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)
Sole31
Shared0
Other0
Dominant voting typeSole · 100.0% of voting shares
Institutional Holdings31
Rows:
ISHARES TR
SOLEShares220K
TypeSH
Market value$44.16M
29.40%
Sole
220K
Shared
0.00
None
0.00
MERRIMACK PHARMACEUTICALS IN
SOLEShares2.17M
TypeSH
Market value$29.13M
19.40%
Sole
2.17M
Shared
0.00
None
0.00
BRISTOW GROUP INC
SOLEShares475.46K
TypeSH
Market value$13.44M
8.95%
Sole
475.46K
Shared
0.00
None
0.00
HEALTHSTREAM INC
SOLEShares261.67K
TypeSH
Market value$7.07M
4.71%
Sole
261.67K
Shared
0.00
None
0.00
EQUITY COMWLTH
SOLEShares251.48K
TypeSH
Market value$4.83M
3.21%
Sole
251.48K
Shared
0.00
None
0.00
ECOVYST INC
SOLEShares480.11K
TypeSH
Market value$4.69M
3.12%
Sole
480.11K
Shared
0.00
None
0.00
PATHWARD FINANCIAL INC
SOLEShares88.36K
TypeSH
Market value$4.68M
3.11%
Sole
88.36K
Shared
0.00
None
0.00
ATMUS FILTRATION TECHNOLOGIE
SOLEShares194.21K
TypeSH
Market value$4.56M
3.04%
Sole
194.21K
Shared
0.00
None
0.00
ABEONA THERAPEUTICS INC
SOLEShares808.11K
TypeSH
Market value$4.05M
2.70%
Sole
808.11K
Shared
0.00
None
0.00
TURNING PT BRANDS INC
SOLEShares147.99K
TypeSH
Market value$3.90M
2.59%
Sole
147.99K
Shared
0.00
None
0.00
FIDELITY NATL INFORMATION SV
SOLEShares50K
TypeSH
Market value$3.00M
2.00%
Sole
50K
Shared
0.00
None
0.00
TECNOGLASS INC
SOLEShares56.76K
TypeSH
Market value$2.59M
1.73%
Sole
56.76K
Shared
0.00
None
0.00
ARCA BIOPHARMA INC
SOLEShares1.41M
TypeSH
Market value$2.40M
1.60%
Sole
1.41M
Shared
0.00
None
0.00
COMPOSECURE INC
SOLEShares437.06K
TypeSH
Market value$2.36M
1.57%
Sole
437.06K
Shared
0.00
None
0.00
ORTHOFIX MED INC
SOLEShares170.32K
TypeSH
Market value$2.30M
1.53%
Sole
170.32K
Shared
0.00
None
0.00
FIRST AMERN FINL CORP
SOLEShares33.73K
TypeSH
Market value$2.17M
1.45%
Sole
33.73K
Shared
0.00
None
0.00
APARTMENT INVT & MGMT CO
SOLEShares273.50K
TypeSH
Market value$2.14M
1.43%
Sole
273.50K
Shared
0.00
None
0.00
NORTHEAST BK LEWISTON ME
SOLEShares29.30K
TypeSH
Market value$1.62M
1.08%
Sole
29.30K
Shared
0.00
None
0.00
RLJ LODGING TR
SOLEShares58.63K
TypeSH
Market value$1.47M
0.98%
Sole
58.63K
Shared
0.00
None
0.00
OFG BANCORP
SOLEShares36.46K
TypeSH
Market value$1.37M
0.91%
Sole
36.46K
Shared
0.00
None
0.00
DOUGLAS DYNAMICS INC
SOLEShares44.54K
TypeSH
Market value$1.32M
0.88%
Sole
44.54K
Shared
0.00
None
0.00
TRONOX HOLDINGS PLC
SOLEShares73.85K
TypeSH
Market value$1.05M
0.70%
Sole
73.85K
Shared
0.00
None
0.00
DMC GLOBAL INC
SOLEShares55.02K
TypeSH
Market value$1.04M
0.69%
Sole
55.02K
Shared
0.00
None
0.00
TILLYS INC
SOLEShares133.54K
TypeSH
Market value$1.01M
0.67%
Sole
133.54K
Shared
0.00
None
0.00
AMERICAN COASTAL INS CORP
SOLEShares99.87K
TypeSH
Market value$944.8K
0.63%
Sole
99.87K
Shared
0.00
None
0.00
| Issuer | Class | Shares | Type | Value / Portfolio % | Voting — Sole | Shared | None |
|---|---|---|---|---|---|---|---|
ISHARES TRSOLE | RUSSELL 2000 ETF | 220K | SH | $44.16M 29.40% | 220K | 0.00 | 0.00 |
MERRIMACK PHARMACEUTICALS INSOLE | COM NEW | 2.17M | SH | $29.13M 19.40% | 2.17M | 0.00 | 0.00 |
BRISTOW GROUP INCSOLE | COM | 475.46K | SH | $13.44M 8.95% | 475.46K | 0.00 | 0.00 |
HEALTHSTREAM INCSOLE | COM | 261.67K | SH | $7.07M 4.71% | 261.67K | 0.00 | 0.00 |
EQUITY COMWLTHSOLE | COM SH BEN INT | 251.48K | SH | $4.83M 3.21% | 251.48K | 0.00 | 0.00 |
ECOVYST INCSOLE | COM | 480.11K | SH | $4.69M 3.12% | 480.11K | 0.00 | 0.00 |
PATHWARD FINANCIAL INCSOLE | COM | 88.36K | SH | $4.68M 3.11% | 88.36K | 0.00 | 0.00 |
ATMUS FILTRATION TECHNOLOGIESOLE | COM | 194.21K | SH | $4.56M 3.04% | 194.21K | 0.00 | 0.00 |
ABEONA THERAPEUTICS INCSOLE | COM NEW | 808.11K | SH | $4.05M 2.70% | 808.11K | 0.00 | 0.00 |
TURNING PT BRANDS INCSOLE | COM | 147.99K | SH | $3.90M 2.59% | 147.99K | 0.00 | 0.00 |
FIDELITY NATL INFORMATION SVSOLE | COM | 50K | SH | $3.00M 2.00% | 50K | 0.00 | 0.00 |
TECNOGLASS INCSOLE | ORD SHS | 56.76K | SH | $2.59M 1.73% | 56.76K | 0.00 | 0.00 |
ARCA BIOPHARMA INCSOLE | COM | 1.41M | SH | $2.40M 1.60% | 1.41M | 0.00 | 0.00 |
COMPOSECURE INCSOLE | COM CL A | 437.06K | SH | $2.36M 1.57% | 437.06K | 0.00 | 0.00 |
ORTHOFIX MED INCSOLE | COM | 170.32K | SH | $2.30M 1.53% | 170.32K | 0.00 | 0.00 |
FIRST AMERN FINL CORPSOLE | COM | 33.73K | SH | $2.17M 1.45% | 33.73K | 0.00 | 0.00 |
APARTMENT INVT & MGMT COSOLE | CL A | 273.50K | SH | $2.14M 1.43% | 273.50K | 0.00 | 0.00 |
NORTHEAST BK LEWISTON MESOLE | COM | 29.30K | SH | $1.62M 1.08% | 29.30K | 0.00 | 0.00 |
RLJ LODGING TRSOLE | CUM CONV PFD A | 58.63K | SH | $1.47M 0.98% | 58.63K | 0.00 | 0.00 |
OFG BANCORPSOLE | COM | 36.46K | SH | $1.37M 0.91% | 36.46K | 0.00 | 0.00 |
DOUGLAS DYNAMICS INCSOLE | COM | 44.54K | SH | $1.32M 0.88% | 44.54K | 0.00 | 0.00 |
TRONOX HOLDINGS PLCSOLE | SHS | 73.85K | SH | $1.05M 0.70% | 73.85K | 0.00 | 0.00 |
DMC GLOBAL INCSOLE | COM | 55.02K | SH | $1.04M 0.69% | 55.02K | 0.00 | 0.00 |
TILLYS INCSOLE | CL A | 133.54K | SH | $1.01M 0.67% | 133.54K | 0.00 | 0.00 |
AMERICAN COASTAL INS CORPSOLE | COM | 99.87K | SH | $944.8K 0.63% | 99.87K | 0.00 | 0.00 |
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