Western Standard LLC Quant / Systematic

CIK: 0001517666 · Show all filings

Period: Q1 2024 (← Previous) (Next →)

Filing Date: May 15, 2024

Total Value ($000): $208,756 (100.0% shares, 0.0% debt)

Holdings (24)

SPY SPDR S&P 500 ETF TR 35.1%

Value ($000) $73,230 Shares 140,000 Est. Cost — Unrealized —

— MERRIMACK PHARMACEUTICALS IN 15.4%

Value ($000) $32,088 Shares 2,172,513 Est. Cost $8.63 Unrealized —

IWM ISHARES TR 14.1%

Value ($000) $29,442 Shares 140,000 Est. Cost — Unrealized —

VTOL BRISTOW GROUP INC 5.7%

Value ($000) $11,885 Shares 436,963 Est. Cost $25.75 Unrealized +3.5%

ABEO ABEONA THERAPEUTICS INC 4.7%

Value ($000) $9,871 Shares 1,361,489 Est. Cost $4.89 Unrealized +29.5%

— EQUITY COMWLTH 4.0%

Value ($000) $8,361 Shares 442,841 Est. Cost $18.86 Unrealized —

FIS FIDELITY NATL INFORMATION SV 2.6%

Value ($000) $5,325 Shares 71,784 Est. Cost $55.44 Unrealized +12.9%

HSTM HEALTHSTREAM INC 2.5%

Value ($000) $5,270 Shares 197,690 Est. Cost $22.23 Unrealized +20.4%

CASH PATHWARD FINANCIAL INC 1.9%

Value ($000) $4,065 Shares 80,519 Est. Cost $42.18 Unrealized +19.7%

ANGO ANGIODYNAMICS INC 1.5%

Value ($000) $3,072 Shares 523,393 Est. Cost $6.04 Unrealized -1.7%

GPGI COMPOSECURE INC 1.4%

Value ($000) $2,903 Shares 401,565 Est. Cost $5.32 Unrealized -15.2%

FAF FIRST AMERN FINL CORP 1.4%

Value ($000) $2,848 Shares 46,644 Est. Cost $53.49 Unrealized +3.2%

NBN NORTHEAST BK LEWISTON ME 1.2%

Value ($000) $2,554 Shares 46,150 Est. Cost $43.57 Unrealized +22.5%

— ARCA BIOPHARMA INC 1.2%

Value ($000) $2,482 Shares 1,410,143 Est. Cost $1.97 Unrealized —

TPB TURNING PT BRANDS INC 1.2%

Value ($000) $2,431 Shares 82,978 Est. Cost $22.49 Unrealized +13.3%

GEN GEN DIGITAL INC 1.1%

Value ($000) $2,267 Shares 101,200 Est. Cost $21.42 Unrealized 0.0%

— POTBELLY CORP 1.1%

Value ($000) $2,208 Shares 182,335 Est. Cost $12.11 Unrealized —

RRGB RED ROBIN GOURMET BURGERS IN 1.0%

Value ($000) $2,156 Shares 281,466 Est. Cost $9.19 Unrealized 0.0%

AIV APARTMENT INVT & MGMT CO 1.0%

Value ($000) $2,041 Shares 249,226 Est. Cost $7.83 Unrealized —

OFG OFG BANCORP 0.6%

Value ($000) $1,223 Shares 33,225 Est. Cost $32.93 Unrealized +9.9%

NEOG NEOGEN CORP 0.5%

Value ($000) $1,147 Shares 72,712 Est. Cost $16.74 Unrealized 0.0%

ATMU ATMUS FILTRATION TECHNOLOGIE 0.5%

Value ($000) $1,021 Shares 31,666 Est. Cost $21.25 Unrealized +11.6%

NODK NI HLDGS INC 0.2%

Value ($000) $522 Shares 34,435 Est. Cost $17.29 Unrealized -20.2%

VSCO VICTORIAS SECRET AND CO 0.2%

Value ($000) $343 Shares 17,700 Est. Cost $24.54 Unrealized 0.0%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
SPY	SPDR S&P 500 ETF TR	140,000	$73,230	35.1%	—	—	Put	78462F103
—	MERRIMACK PHARMACEUTICALS IN	2,172,513	$32,088	15.4%	$8.63	—	COM NEW	590328209
IWM	ISHARES TR	140,000	$29,442	14.1%	—	—	Put	464287655
VTOL	BRISTOW GROUP INC	436,963	$11,885	5.7%	$25.75	+3.5%	COM	11040G103
ABEO	ABEONA THERAPEUTICS INC	1,361,489	$9,871	4.7%	$4.89	+29.5%	COM NEW	00289Y206
—	EQUITY COMWLTH	442,841	$8,361	4.0%	$18.86	—	COM SH BEN INT	294628102
FIS	FIDELITY NATL INFORMATION SV	71,784	$5,325	2.6%	$55.44	+12.9%	COM	31620M106
HSTM	HEALTHSTREAM INC	197,690	$5,270	2.5%	$22.23	+20.4%	COM	42222N103
CASH	PATHWARD FINANCIAL INC	80,519	$4,065	1.9%	$42.18	+19.7%	COM	59100U108
ANGO	ANGIODYNAMICS INC	523,393	$3,072	1.5%	$6.04	-1.7%	COM	03475V101
GPGI	COMPOSECURE INC	401,565	$2,903	1.4%	$5.32	-15.2%	COM CL A	20459V105
FAF	FIRST AMERN FINL CORP	46,644	$2,848	1.4%	$53.49	+3.2%	COM	31847R102
NBN	NORTHEAST BK LEWISTON ME	46,150	$2,554	1.2%	$43.57	+22.5%	COM	66405S100
—	ARCA BIOPHARMA INC	1,410,143	$2,482	1.2%	$1.97	—	COM	00211Y506
TPB	TURNING PT BRANDS INC	82,978	$2,431	1.2%	$22.49	+13.3%	COM	90041L105
GEN	GEN DIGITAL INC	101,200	$2,267	1.1%	$21.42	0.0%	COM	668771108
—	POTBELLY CORP	182,335	$2,208	1.1%	$12.11	—	COM	73754Y100
RRGB	RED ROBIN GOURMET BURGERS IN	281,466	$2,156	1.0%	$9.19	0.0%	COM	75689M101
AIV	APARTMENT INVT & MGMT CO	249,226	$2,041	1.0%	$7.83	—	CL A	03748R747
OFG	OFG BANCORP	33,225	$1,223	0.6%	$32.93	+9.9%	COM	67103X102
NEOG	NEOGEN CORP	72,712	$1,147	0.5%	$16.74	0.0%	COM	640491106
ATMU	ATMUS FILTRATION TECHNOLOGIE	31,666	$1,021	0.5%	$21.25	+11.6%	COM	04956D107
NODK	NI HLDGS INC	34,435	$522	0.2%	$17.29	-20.2%	COM	65342T106
VSCO	VICTORIAS SECRET AND CO	17,700	$343	0.2%	$24.54	0.0%	COMMON STOCK	926400102