Western Standard LLC Quant / Systematic

CIK: 0001517666 · Show all filings

Period: Q4 2016 (Next →)

Filing Date: Feb 15, 2017

Total Value ($000): $47,271 (94.2% shares, 5.8% debt)

Holdings (32)

OFS OFS CAP CORP 10.4%

Value ($000) $4,916 Shares 357,274 Est. Cost $13.33 Unrealized 0.0%

— LORAL SPACE & COMMUNICATNS I 8.4%

Value ($000) $3,962 Shares 96,521 Est. Cost $41.05 Unrealized —

— POWERSHS DB US DOLLAR INDEX 8.1%

Value ($000) $3,839 Shares 145,100 Est. Cost $26.46 Unrealized —

— PINNACLE ENTMT INC NEW 8.0%

Value ($000) $3,783 Shares 260,899 Est. Cost $14.50 Unrealized —

— MARLIN BUSINESS SVCS CORP 7.6%

Value ($000) $3,607 Shares 172,590 Est. Cost $20.90 Unrealized —

— FOREST CITY RLTY TR INC 7.5%

Value ($000) $3,567 Shares 171,150 Est. Cost $20.84 Unrealized —

IBKR INTERACTIVE BROKERS GROUP IN 5.8%

Value ($000) $2,742 Shares 75,100 Est. Cost $8.56 Unrealized 0.0%

— HERBALIFE LTD 5.8%

Value ($000) $2,739 Shares 3,000,000 Est. Cost $0.91 Unrealized —

MCS MARCUS CORP 4.8%

Value ($000) $2,285 Shares 72,538 Est. Cost $28.27 Unrealized 0.0%

CWST CASELLA WASTE SYS INC CL A 4.0%

Value ($000) $1,887 Shares 152,071 Est. Cost $11.75 Unrealized 0.0%

— CAREER EDUCATION CORP 3.9%

Value ($000) $1,826 Shares 180,956 Est. Cost $10.09 Unrealized —

— ALON USA PARTNERS LP UT LTD 3.8%

Value ($000) $1,781 Shares 185,569 Est. Cost $9.60 Unrealized —

— FIESTA RESTAURANT GROUP INC 3.1%

Value ($000) $1,482 Shares 49,662 Est. Cost $29.84 Unrealized —

HBNC HORIZON BANCORP IND 2.3%

Value ($000) $1,097 Shares 39,169 Est. Cost $15.03 Unrealized 0.0%

ITGR INTEGER HLDGS CORP 2.2%

Value ($000) $1,054 Shares 35,781 Est. Cost $25.16 Unrealized 0.0%

— OLD POINT FINL CORP 2.0%

Value ($000) $962 Shares 38,461 Est. Cost $25.01 Unrealized —

— NORTHEAST BANCORP 1.9%

Value ($000) $881 Shares 67,270 Est. Cost $13.10 Unrealized —

— POAGE BANKSHARES INC 1.5%

Value ($000) $703 Shares 37,419 Est. Cost $18.79 Unrealized —

FSBW FS BANCORP INC COM 1.3%

Value ($000) $622 Shares 17,300 Est. Cost $13.14 Unrealized 0.0%

NPO ENPRO INDS INC 1.2%

Value ($000) $550 Shares 8,169 Est. Cost $60.10 Unrealized 0.0%

C CITIGROUP INC 1.1%

Value ($000) $535 Shares 9,000 Est. Cost $40.63 Unrealized 0.0%

— WOLVERINE BANCORP INC 1.0%

Value ($000) $458 Shares 14,500 Est. Cost $31.59 Unrealized —

— WORLD PT TERMS LP 0.8%

Value ($000) $375 Shares 22,637 Est. Cost $16.57 Unrealized —

SFBC SOUND FINL BANCORP INC 0.7%

Value ($000) $340 Shares 12,160 Est. Cost $21.94 Unrealized 0.0%

— CF CORP 0.6%

Value ($000) $280 Shares 28,200 Est. Cost $9.93 Unrealized —

— BRIDGEPOINT ED INC COM 0.6%

Value ($000) $269 Shares 26,600 Est. Cost $10.11 Unrealized —

NXST NEXSTAR BROADCASTING GROUP I 0.4%

Value ($000) $188 Shares 2,975 Est. Cost $44.68 Unrealized 0.0%

PFBX PEOPLES FINL CORP MISS 0.3%

Value ($000) $157 Shares 9,741 Est. Cost $11.11 Unrealized 0.0%

— PERFORMANCE SPORTS GROUP LTD 0.3%

Value ($000) $148 Shares 99,000 Est. Cost $1.49 Unrealized —

— WELLS FARGO & CO NEW 0.3%

Value ($000) $140 Shares 6,585 Est. Cost $21.26 Unrealized —

— J ALEXANDERS HLDGS INC 0.2%

Value ($000) $71 Shares 6,644 Est. Cost $10.69 Unrealized —

— SPDR S&P 500 ETF TR 0.1%

Value ($000) $25 Shares 159 Est. Cost — Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
OFS	OFS CAP CORP	357,274	$4,916	10.4%	$13.33	0.0%	COM	67103B100
—	LORAL SPACE & COMMUNICATNS I	96,521	$3,962	8.4%	$41.05	—	COM	543881106
—	POWERSHS DB US DOLLAR INDEX	145,100	$3,839	8.1%	$26.46	—	DOLL INDX BULL	73936D107
—	PINNACLE ENTMT INC NEW	260,899	$3,783	8.0%	$14.50	—	COM	72348Y105
—	MARLIN BUSINESS SVCS CORP	172,590	$3,607	7.6%	$20.90	—	COM	571157106
—	FOREST CITY RLTY TR INC	171,150	$3,567	7.5%	$20.84	—	COM CL A	345605109
IBKR	INTERACTIVE BROKERS GROUP IN	75,100	$2,742	5.8%	$8.56	0.0%	COM	45841N107
—	HERBALIFE LTD	3,000,000	$2,739	5.8%	$0.91	—	NOTE 2.000% 8/1	42703MAB9
MCS	MARCUS CORP	72,538	$2,285	4.8%	$28.27	0.0%	COM	566330106
CWST	CASELLA WASTE SYS INC CL A	152,071	$1,887	4.0%	$11.75	0.0%	CL A	147448104
—	CAREER EDUCATION CORP	180,956	$1,826	3.9%	$10.09	—	COM	141665109
—	ALON USA PARTNERS LP UT LTD	185,569	$1,781	3.8%	$9.60	—	UT LTDPART INT	02052T109
—	FIESTA RESTAURANT GROUP INC	49,662	$1,482	3.1%	$29.84	—	COM	31660B101
HBNC	HORIZON BANCORP IND	39,169	$1,097	2.3%	$15.03	0.0%	COM	440407104
ITGR	INTEGER HLDGS CORP	35,781	$1,054	2.2%	$25.16	0.0%	COM ADDED	45826H109
—	OLD POINT FINL CORP	38,461	$962	2.0%	$25.01	—	COM	680194107
—	NORTHEAST BANCORP	67,270	$881	1.9%	$13.10	—	COM NEW	663904209
—	POAGE BANKSHARES INC	37,419	$703	1.5%	$18.79	—	COM	730206109
FSBW	FS BANCORP INC COM	17,300	$622	1.3%	$13.14	0.0%	COM	30263Y104
NPO	ENPRO INDS INC	8,169	$550	1.2%	$60.10	0.0%	COM	29355X107
C	CITIGROUP INC	9,000	$535	1.1%	$40.63	0.0%	COM NEW	172967424
—	WOLVERINE BANCORP INC	14,500	$458	1.0%	$31.59	—	COM	977880103
—	WORLD PT TERMS LP	22,637	$375	0.8%	$16.57	—	UNIT REP LTD PT	98159G107
SFBC	SOUND FINL BANCORP INC	12,160	$340	0.7%	$21.94	0.0%	COM	83607A100
—	CF CORP	28,200	$280	0.6%	$9.93	—	SHS CL A ADDED	G20307107
—	BRIDGEPOINT ED INC COM	26,600	$269	0.6%	$10.11	—	COM	10807M105
NXST	NEXSTAR BROADCASTING GROUP I	2,975	$188	0.4%	$44.68	0.0%	CL A	65336K103
PFBX	PEOPLES FINL CORP MISS	9,741	$157	0.3%	$11.11	0.0%	COM	71103B102
—	PERFORMANCE SPORTS GROUP LTD	99,000	$148	0.3%	$1.49	—	COM	71377G100
—	WELLS FARGO & CO NEW	6,585	$140	0.3%	$21.26	—	W EXP 10/28/201	949746119
—	J ALEXANDERS HLDGS INC	6,644	$71	0.2%	$10.69	—	COM	46609J106
—	SPDR S&P 500 ETF TR	159	$25	0.1%	—	—	Put	78462F953