Western Standard LLC Quant / Systematic

CIK: 0001517666 · Show all filings

Period: Q2 2022 (← Previous) (Next →)

Filing Date: Aug 15, 2022

Total Value ($000): $131,945 (96.6% shares, 3.4% debt)

Holdings (37)

— MACQUARIE INFRASTRUCTURE HOL 9.7%

Value ($000) $12,813 Shares 3,276,941 Est. Cost $3.91 Unrealized —

DLAPQ DELTA APPAREL INC 7.4%

Value ($000) $9,782 Shares 344,801 Est. Cost $25.86 Unrealized +13.6%

— TUFIN SOFTWARE TECHNOLOGIES 7.1%

Value ($000) $9,386 Shares 747,312 Est. Cost $12.23 Unrealized —

— MERRIMACK PHARMACEUTICALS IN 5.7%

Value ($000) $7,554 Shares 1,269,558 Est. Cost $5.49 Unrealized —

— RLJ LODGING TR 4.5%

Value ($000) $5,935 Shares 228,887 Est. Cost $27.62 Unrealized —

RMR RMR GROUP INC 4.4%

Value ($000) $5,797 Shares 204,486 Est. Cost $23.40 Unrealized -9.3%

ECVT ECOVYST INC 3.9%

Value ($000) $5,206 Shares 528,563 Est. Cost $10.70 Unrealized -2.9%

PKE PARK AEROSPACE CORP 3.6%

Value ($000) $4,754 Shares 372,566 Est. Cost $13.30 Unrealized -7.9%

— PFSWEB INC 3.6%

Value ($000) $4,699 Shares 399,540 Est. Cost $8.34 Unrealized —

LW LAMB WESTON HOLDINGS INC 3.6%

Value ($000) $4,694 Shares 65,690 Est. Cost $54.04 Unrealized +14.8%

IRTC IRHYTHM TECHNOLOGIES INC 3.5%

Value ($000) $4,624 Shares 42,800 Est. Cost $111.63 Unrealized +18.7%

— LHC GROUP INC 3.5%

Value ($000) $4,582 Shares 29,419 Est. Cost $155.75 Unrealized —

FHN FIRST HORIZON CORP 3.4%

Value ($000) $4,461 Shares 204,050 Est. Cost $17.40 Unrealized +13.4%

— FORUM ENERGY TECHNOLOGIES INC 3.4%

Value ($000) $4,448 Shares 4,757,273 Est. Cost $0.74 Unrealized —

MCS MARCUS CORPORATION 3.4%

Value ($000) $4,441 Shares 300,682 Est. Cost $11.07 Unrealized +38.8%

TPB TURNING POINT BRANDS INC 3.2%

Value ($000) $4,188 Shares 154,352 Est. Cost $29.32 Unrealized 0.0%

SPOK SPOK HOLDINGS INC 3.0%

Value ($000) $3,953 Shares 627,428 Est. Cost $9.23 Unrealized -21.1%

AMWD AMERICAN WOODMARK CORP 3.0%

Value ($000) $3,930 Shares 87,310 Est. Cost $72.52 Unrealized -33.4%

GEN NORTONLIFELOCK INC 2.8%

Value ($000) $3,716 Shares 169,226 Est. Cost $24.31 Unrealized -6.5%

HSTM HEALTHSTREAM INC 2.2%

Value ($000) $2,901 Shares 133,636 Est. Cost $20.82 Unrealized -4.2%

BWXT BWX TECHNOLOGIES INC 1.6%

Value ($000) $2,139 Shares 38,833 Est. Cost $49.94 Unrealized 0.0%

NODK NI HOLDINGS INC 1.5%

Value ($000) $1,960 Shares 119,311 Est. Cost $17.29 Unrealized -4.2%

GOOGL ALPHABET INC 1.4%

Value ($000) $1,794 Shares 823 Est. Cost $57.57 Unrealized +103.0%

— BELLUS HEALTH INC 1.4%

Value ($000) $1,784 Shares 193,024 Est. Cost $9.24 Unrealized —

CALY CALLAWAY GOLF COMPANY 1.2%

Value ($000) $1,554 Shares 76,176 Est. Cost $21.50 Unrealized 0.0%

— OLD POINT FINANCIAL CORP 1.2%

Value ($000) $1,533 Shares 60,633 Est. Cost $24.64 Unrealized —

CASH META FINANCIAL GROUP INC 1.0%

Value ($000) $1,363 Shares 35,254 Est. Cost $42.04 Unrealized 0.0%

— KINNATE BIOPHARMA INC 1.0%

Value ($000) $1,296 Shares 102,780 Est. Cost $12.61 Unrealized —

VTOL BRISTOW GROUP INC 0.9%

Value ($000) $1,175 Shares 50,205 Est. Cost $29.47 Unrealized 0.0%

— STRATA SKIN SCIENCES INC 0.8%

Value ($000) $1,092 Shares 1,136,454 Est. Cost $1.57 Unrealized —

AMBP ARDAGH METAL PACKAGING SA 0.8%

Value ($000) $1,068 Shares 175,000 Est. Cost $4.65 Unrealized 0.0%

PHAT PHATHOM PHARMACEUTICALS INC 0.7%

Value ($000) $920 Shares 109,055 Est. Cost $10.28 Unrealized 0.0%

PRSU VIAD CORP 0.6%

Value ($000) $828 Shares 30,000 Est. Cost $31.06 Unrealized 0.0%

VRT VERTIV HOLDINGS CO 0.6%

Value ($000) $822 Shares 100,024 Est. Cost $11.27 Unrealized 0.0%

— ALPINE IMMUNE SCIENCES INC 0.3%

Value ($000) $428 Shares 50,328 Est. Cost $8.50 Unrealized —

TLYS TILLY'S INC 0.2%

Value ($000) $311 Shares 44,350 Est. Cost $8.35 Unrealized 0.0%

— IRHYTHM TECHNOLOGIES INC 0.0%

Value ($000) $14 Shares 37 Est. Cost $378.38 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
—	MACQUARIE INFRASTRUCTURE HOL	3,276,941	$12,813	9.7%	$3.91	—	COMMON UNITS	55608B105
DLAPQ	DELTA APPAREL INC	344,801	$9,782	7.4%	$25.86	+13.6%	COM	247368103
—	TUFIN SOFTWARE TECHNOLOGIES	747,312	$9,386	7.1%	$12.23	—	SHS	M8893U102
—	MERRIMACK PHARMACEUTICALS IN	1,269,558	$7,554	5.7%	$5.49	—	COM NEW	590328209
—	RLJ LODGING TR	228,887	$5,935	4.5%	$27.62	—	CUM CONV PFD A	74965L200
RMR	RMR GROUP INC	204,486	$5,797	4.4%	$23.40	-9.3%	CL A	74967R106
ECVT	ECOVYST INC	528,563	$5,206	3.9%	$10.70	-2.9%	COM	27923Q109
PKE	PARK AEROSPACE CORP	372,566	$4,754	3.6%	$13.30	-7.9%	COM	70014A104
—	PFSWEB INC	399,540	$4,699	3.6%	$8.34	—	COM NEW	717098206
LW	LAMB WESTON HOLDINGS INC	65,690	$4,694	3.6%	$54.04	+14.8%	COM	513272104
IRTC	IRHYTHM TECHNOLOGIES INC	42,800	$4,624	3.5%	$111.63	+18.7%	COM	450056106
—	LHC GROUP INC	29,419	$4,582	3.5%	$155.75	—	COM	50187A107
FHN	FIRST HORIZON CORP	204,050	$4,461	3.4%	$17.40	+13.4%	COM	320517105
—	FORUM ENERGY TECHNOLOGIES INC	4,757,273	$4,448	3.4%	$0.74	—	NOTE 9.000% 8/0	34984VAC4
MCS	MARCUS CORPORATION	300,682	$4,441	3.4%	$11.07	+38.8%	COM	566330106
TPB	TURNING POINT BRANDS INC	154,352	$4,188	3.2%	$29.32	0.0%	COM	90041L105
SPOK	SPOK HOLDINGS INC	627,428	$3,953	3.0%	$9.23	-21.1%	COM	84863T106
AMWD	AMERICAN WOODMARK CORP	87,310	$3,930	3.0%	$72.52	-33.4%	COM	030506109
GEN	NORTONLIFELOCK INC	169,226	$3,716	2.8%	$24.31	-6.5%	COM	668771108
HSTM	HEALTHSTREAM INC	133,636	$2,901	2.2%	$20.82	-4.2%	COM	42222N103
BWXT	BWX TECHNOLOGIES INC	38,833	$2,139	1.6%	$49.94	0.0%	COM	05605H100
NODK	NI HOLDINGS INC	119,311	$1,960	1.5%	$17.29	-4.2%	COM	65342T106
GOOGL	ALPHABET INC	823	$1,794	1.4%	$57.57	+103.0%	CAP STK CL A	02079K305
—	BELLUS HEALTH INC	193,024	$1,784	1.4%	$9.24	—	COM NEW	07987C204
CALY	CALLAWAY GOLF COMPANY	76,176	$1,554	1.2%	$21.50	0.0%	COM	131193104
—	OLD POINT FINANCIAL CORP	60,633	$1,533	1.2%	$24.64	—	COM	680194107
CASH	META FINANCIAL GROUP INC	35,254	$1,363	1.0%	$42.04	0.0%	COM	59100U108
—	KINNATE BIOPHARMA INC	102,780	$1,296	1.0%	$12.61	—	COM	49705R105
VTOL	BRISTOW GROUP INC	50,205	$1,175	0.9%	$29.47	0.0%	COM	11040G103
—	STRATA SKIN SCIENCES INC	1,136,454	$1,092	0.8%	$1.57	—	COM NEW	86272A206
AMBP	ARDAGH METAL PACKAGING SA	175,000	$1,068	0.8%	$4.65	0.0%	SHS	L02235106
PHAT	PHATHOM PHARMACEUTICALS INC	109,055	$920	0.7%	$10.28	0.0%	COM	71722W107
PRSU	VIAD CORP	30,000	$828	0.6%	$31.06	0.0%	COM	92552R406
VRT	VERTIV HOLDINGS CO	100,024	$822	0.6%	$11.27	0.0%	COM CL A	92537N108
—	ALPINE IMMUNE SCIENCES INC	50,328	$428	0.3%	$8.50	—	COM	02083G100
TLYS	TILLY'S INC	44,350	$311	0.2%	$8.35	0.0%	CL A	886885102
—	IRHYTHM TECHNOLOGIES INC	37	$14	0.0%	$378.38	—	CALL	450056906