Western Standard LLC Quant / Systematic

CIK: 0001517666 · Show all filings

Period: Q3 2022 (← Previous) (Next →)

Filing Date: Nov 14, 2022

Total Value ($000): $87,438 (94.7% shares, 5.3% debt)

Holdings (26)

— LHC GROUP INC 9.3%

Value ($000) $8,105 Shares 49,521 Est. Cost $158.96 Unrealized —

— RLJ LODGING TR 7.6%

Value ($000) $6,625 Shares 269,528 Est. Cost $27.16 Unrealized —

TPB TURNING PT BRANDS INC 6.7%

Value ($000) $5,843 Shares 275,213 Est. Cost $27.33 Unrealized -9.3%

AXTA AXALTA COATING SYS LTD 6.0%

Value ($000) $5,241 Shares 248,878 Est. Cost $24.58 Unrealized 0.0%

DLAPQ DELTA APPAREL INC 5.5%

Value ($000) $4,827 Shares 345,043 Est. Cost $25.86 Unrealized -19.6%

— FORUM ENERGY TECHNOLOGIES IN 5.3%

Value ($000) $4,598 Shares 4,757,273 Est. Cost $0.74 Unrealized —

VTOL BRISTOW GROUP INC 5.2%

Value ($000) $4,572 Shares 194,647 Est. Cost $26.95 Unrealized -3.3%

— MERRIMACK PHARMACEUTICALS IN 5.0%

Value ($000) $4,397 Shares 1,172,463 Est. Cost $5.49 Unrealized —

PKE PARK AEROSPACE CORP 4.7%

Value ($000) $4,142 Shares 375,191 Est. Cost $13.30 Unrealized -11.3%

VRSN VERISIGN INC 4.3%

Value ($000) $3,800 Shares 21,877 Est. Cost $183.39 Unrealized 0.0%

BWXT BWX TECHNOLOGIES INC 4.1%

Value ($000) $3,594 Shares 71,355 Est. Cost $50.91 Unrealized +2.3%

GEN NORTONLIFELOCK INC 3.9%

Value ($000) $3,408 Shares 169,226 Est. Cost $24.31 Unrealized -11.5%

FHN FIRST HORIZON CORPORATION 3.8%

Value ($000) $3,298 Shares 144,012 Est. Cost $17.40 Unrealized +15.4%

— VECTOR GROUP LTD 3.7%

Value ($000) $3,266 Shares 370,736 Est. Cost $8.81 Unrealized —

HSTM HEALTHSTREAM INC 3.7%

Value ($000) $3,222 Shares 151,536 Est. Cost $21.05 Unrealized +8.0%

ECVT ECOVYST INC 3.6%

Value ($000) $3,183 Shares 377,190 Est. Cost $10.70 Unrealized -11.1%

RMR RMR GROUP INC 3.5%

Value ($000) $3,040 Shares 128,330 Est. Cost $23.40 Unrealized -13.0%

— PFSWEB INC 3.1%

Value ($000) $2,669 Shares 286,388 Est. Cost $8.34 Unrealized —

MCS MARCUS CORP DEL 2.3%

Value ($000) $1,999 Shares 143,882 Est. Cost $11.07 Unrealized +45.4%

CASH PATHWARD FINANCIAL INC 2.3%

Value ($000) $1,976 Shares 59,966 Est. Cost $39.33 Unrealized -9.8%

— OLD POINT FINL CORP 1.9%

Value ($000) $1,656 Shares 59,729 Est. Cost $24.64 Unrealized —

GOOGL ALPHABET INC CAP STK 1.8%

Value ($000) $1,574 Shares 16,460 Est. Cost $107.43 Unrealized +2.4%

NODK NI HLDGS INC 1.2%

Value ($000) $1,018 Shares 76,206 Est. Cost $17.29 Unrealized -16.6%

SEM SELECT MED HLDGS CORP 1.0%

Value ($000) $874 Shares 39,536 Est. Cost $13.39 Unrealized 0.0%

FARM FARMER BROS CO 0.4%

Value ($000) $355 Shares 75,757 Est. Cost $5.16 Unrealized 0.0%

— ZIMVIE INC 0.2%

Value ($000) $156 Shares 15,846 Est. Cost $9.84 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
—	LHC GROUP INC	49,521	$8,105	9.3%	$158.96	—	COM	50187A107
—	RLJ LODGING TR	269,528	$6,625	7.6%	$27.16	—	CUM CONV PFD A	74965L200
TPB	TURNING PT BRANDS INC	275,213	$5,843	6.7%	$27.33	-9.3%	COM	90041L105
AXTA	AXALTA COATING SYS LTD	248,878	$5,241	6.0%	$24.58	0.0%	COM	G0750C108
DLAPQ	DELTA APPAREL INC	345,043	$4,827	5.5%	$25.86	-19.6%	COM	247368103
—	FORUM ENERGY TECHNOLOGIES IN	4,757,273	$4,598	5.3%	$0.74	—	NOTE 9.000% 8/0	34984VAC4
VTOL	BRISTOW GROUP INC	194,647	$4,572	5.2%	$26.95	-3.3%	COM	11040G103
—	MERRIMACK PHARMACEUTICALS IN	1,172,463	$4,397	5.0%	$5.49	—	COM NEW	590328209
PKE	PARK AEROSPACE CORP	375,191	$4,142	4.7%	$13.30	-11.3%	COM	70014A104
VRSN	VERISIGN INC	21,877	$3,800	4.3%	$183.39	0.0%	COM	92343E102
BWXT	BWX TECHNOLOGIES INC	71,355	$3,594	4.1%	$50.91	+2.3%	COM	05605H100
GEN	NORTONLIFELOCK INC	169,226	$3,408	3.9%	$24.31	-11.5%	COM	668771108
FHN	FIRST HORIZON CORPORATION	144,012	$3,298	3.8%	$17.40	+15.4%	COM	320517105
—	VECTOR GROUP LTD	370,736	$3,266	3.7%	$8.81	—	COM	92240M108
HSTM	HEALTHSTREAM INC	151,536	$3,222	3.7%	$21.05	+8.0%	COM	42222N103
ECVT	ECOVYST INC	377,190	$3,183	3.6%	$10.70	-11.1%	COM	27923Q109
RMR	RMR GROUP INC	128,330	$3,040	3.5%	$23.40	-13.0%	CL A	74967R106
—	PFSWEB INC	286,388	$2,669	3.1%	$8.34	—	COM NEW	717098206
MCS	MARCUS CORP DEL	143,882	$1,999	2.3%	$11.07	+45.4%	COM	566330106
CASH	PATHWARD FINANCIAL INC	59,966	$1,976	2.3%	$39.33	-9.8%	COM	59100U108
—	OLD POINT FINL CORP	59,729	$1,656	1.9%	$24.64	—	COM	680194107
GOOGL	ALPHABET INC CAP STK	16,460	$1,574	1.8%	$107.43	+2.4%	CL A	02079K305
NODK	NI HLDGS INC	76,206	$1,018	1.2%	$17.29	-16.6%	COM	65342T106
SEM	SELECT MED HLDGS CORP	39,536	$874	1.0%	$13.39	0.0%	COM	81619Q105
FARM	FARMER BROS CO	75,757	$355	0.4%	$5.16	0.0%	COM	307675108
—	ZIMVIE INC	15,846	$156	0.2%	$9.84	—	COM	98888T107