Filed: 8/14/2025ACC: 0000950123-25-008344
📋 What this filing means
WESTERN STANDARD LLC filed this quarterly 13F‑HR report disclosing 20 equity positions with a total reported market value of $179.71M. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.
20
Positions
$179.71M
Total AUM (reported)
15.61M
Total Shares
Allocation by class
COM$93.82M52.2%
COM NEW$32.26M17.9%
CL A$19.82M11.0%
COM STK$11.76M6.5%
ORD$9.72M5.4%
CL A NON VTG$7.36M4.1%
BULLISH FD$4.98M2.8%
Portfolio Concentration
Top 3$63.78M35.5%
4–10$71.78M39.9%
11–25$44.15M24.6%
Top 3 weight
35.5%
Top 10 weight
75.4%
Voting Authority Distribution
Total shares with voting rights: 15.61M
Sole
Full voting authority
15.61M
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)
Sole20
Shared0
Other0
Dominant voting typeSole · 100.0% of voting shares
Institutional Holdings20
Rows:
ECOVYST INC
SOLEShares3.57M
TypeSH
Market value$29.36M
16.33%
Sole
3.57M
Shared
0.00
None
0.00
KEROS THERAPEUTICS INC
SOLEShares1.53M
TypeSH
Market value$20.49M
11.40%
Sole
1.53M
Shared
0.00
None
0.00
ALPHATEC HLDGS INC
SOLEShares1.26M
TypeSH
Market value$13.93M
7.75%
Sole
1.26M
Shared
0.00
None
0.00
ABEONA THERAPEUTICS INC
SOLEShares2.09M
TypeSH
Market value$11.88M
6.61%
Sole
2.09M
Shared
0.00
None
0.00
MILLICOM INTL CELLULAR S A
SOLEShares313.94K
TypeSH
Market value$11.76M
6.55%
Sole
313.94K
Shared
0.00
None
0.00
POTBELLY CORP
SOLEShares927.59K
TypeSH
Market value$11.36M
6.32%
Sole
927.59K
Shared
0.00
None
0.00
YETI HLDGS INC
SOLEShares334.32K
TypeSH
Market value$10.54M
5.86%
Sole
334.32K
Shared
0.00
None
0.00
CONSOLIDATED WATER CO INC
SOLEShares323.69K
TypeSH
Market value$9.72M
5.41%
Sole
323.69K
Shared
0.00
None
0.00
APARTMENT INVT & MGMT CO
SOLEShares1.06M
TypeSH
Market value$9.16M
5.10%
Sole
1.06M
Shared
0.00
None
0.00
EZCORP INC
SOLEShares530K
TypeSH
Market value$7.36M
4.09%
Sole
530K
Shared
0.00
None
0.00
DRIVEN BRANDS HLDGS INC
SOLEShares409.68K
TypeSH
Market value$7.19M
4.00%
Sole
409.68K
Shared
0.00
None
0.00
AVIAT NETWORKS INC
SOLEShares267.91K
TypeSH
Market value$6.44M
3.59%
Sole
267.91K
Shared
0.00
None
0.00
GREEN DOT CORP
SOLEShares580.38K
TypeSH
Market value$6.26M
3.48%
Sole
580.38K
Shared
0.00
None
0.00
NATIONAL PRESTO INDS INC
SOLEShares60.73K
TypeSH
Market value$5.95M
3.31%
Sole
60.73K
Shared
0.00
None
0.00
INVESCO DB US DLR INDEX TR
SOLEShares185.45K
TypeSH
Market value$4.98M
2.77%
Sole
185.45K
Shared
0.00
None
0.00
NORTHEAST BK PORTLAND ME
SOLEShares53.08K
TypeSH
Market value$4.72M
2.63%
Sole
53.08K
Shared
0.00
None
0.00
NELNET INC
SOLEShares36.31K
TypeSH
Market value$4.40M
2.45%
Sole
36.31K
Shared
0.00
None
0.00
EVERI HLDGS INC
SOLEShares144.65K
TypeSH
Market value$2.06M
1.15%
Sole
144.65K
Shared
0.00
None
0.00
CARPARTS COM INC
SOLEShares1.92M
TypeSH
Market value$1.42M
0.79%
Sole
1.92M
Shared
0.00
None
0.00
KELLANOVA
SOLEShares9.04K
TypeSH
Market value$718.9K
0.40%
Sole
9.04K
Shared
0.00
None
0.00
| Issuer | Class | Shares | Type | Value / Portfolio % | Voting — Sole | Shared | None |
|---|---|---|---|---|---|---|---|
ECOVYST INCSOLE | COM | 3.57M | SH | $29.36M 16.33% | 3.57M | 0.00 | 0.00 |
KEROS THERAPEUTICS INCSOLE | COM | 1.53M | SH | $20.49M 11.40% | 1.53M | 0.00 | 0.00 |
ALPHATEC HLDGS INCSOLE | COM NEW | 1.26M | SH | $13.93M 7.75% | 1.26M | 0.00 | 0.00 |
ABEONA THERAPEUTICS INCSOLE | COM NEW | 2.09M | SH | $11.88M 6.61% | 2.09M | 0.00 | 0.00 |
MILLICOM INTL CELLULAR S ASOLE | COM STK | 313.94K | SH | $11.76M 6.55% | 313.94K | 0.00 | 0.00 |
POTBELLY CORPSOLE | COM | 927.59K | SH | $11.36M 6.32% | 927.59K | 0.00 | 0.00 |
YETI HLDGS INCSOLE | COM | 334.32K | SH | $10.54M 5.86% | 334.32K | 0.00 | 0.00 |
CONSOLIDATED WATER CO INCSOLE | ORD | 323.69K | SH | $9.72M 5.41% | 323.69K | 0.00 | 0.00 |
APARTMENT INVT & MGMT COSOLE | CL A | 1.06M | SH | $9.16M 5.10% | 1.06M | 0.00 | 0.00 |
EZCORP INCSOLE | CL A NON VTG | 530K | SH | $7.36M 4.09% | 530K | 0.00 | 0.00 |
DRIVEN BRANDS HLDGS INCSOLE | COM | 409.68K | SH | $7.19M 4.00% | 409.68K | 0.00 | 0.00 |
AVIAT NETWORKS INCSOLE | COM NEW | 267.91K | SH | $6.44M 3.59% | 267.91K | 0.00 | 0.00 |
GREEN DOT CORPSOLE | CL A | 580.38K | SH | $6.26M 3.48% | 580.38K | 0.00 | 0.00 |
NATIONAL PRESTO INDS INCSOLE | COM | 60.73K | SH | $5.95M 3.31% | 60.73K | 0.00 | 0.00 |
INVESCO DB US DLR INDEX TRSOLE | BULLISH FD | 185.45K | SH | $4.98M 2.77% | 185.45K | 0.00 | 0.00 |
NORTHEAST BK PORTLAND MESOLE | COM | 53.08K | SH | $4.72M 2.63% | 53.08K | 0.00 | 0.00 |
NELNET INCSOLE | CL A | 36.31K | SH | $4.40M 2.45% | 36.31K | 0.00 | 0.00 |
EVERI HLDGS INCSOLE | COM | 144.65K | SH | $2.06M 1.15% | 144.65K | 0.00 | 0.00 |
CARPARTS COM INCSOLE | COM | 1.92M | SH | $1.42M 0.79% | 1.92M | 0.00 | 0.00 |
KELLANOVASOLE | COM | 9.04K | SH | $718.9K 0.40% | 9.04K | 0.00 | 0.00 |