Western Standard LLC Quant / Systematic

CIK: 0001517666 · Show all filings

Period: Q3 2018 (← Previous) (Next →)

Filing Date: Nov 14, 2018

Total Value ($000): $113,164 (100.0% shares, 0.0% debt)

Holdings (48)

UUP INVESCO DB US DLR INDEX TR 9.8%

Value ($000) $11,117 Shares 440,100 Est. Cost $24.99 Unrealized —

— ENVISION HEALTHCARE CORP 8.3%

Value ($000) $9,391 Shares 205,360 Est. Cost $45.73 Unrealized —

ILPT INDUSTRIAL LOGISTICS PPTYS T 7.6%

Value ($000) $8,561 Shares 372,038 Est. Cost $20.43 Unrealized —

— MARLIN BUSINESS SVCS CORP 6.2%

Value ($000) $7,065 Shares 244,872 Est. Cost $23.61 Unrealized —

— LORAL SPACE & COMMUNICATNS I 5.5%

Value ($000) $6,256 Shares 137,789 Est. Cost $39.39 Unrealized —

— PLAYA HOTELS & RESORTS NV 5.0%

Value ($000) $5,660 Shares 587,737 Est. Cost $10.19 Unrealized —

OFS OFS CAP CORP 4.5%

Value ($000) $5,043 Shares 423,747 Est. Cost $13.61 Unrealized -12.1%

— RLJ LODGING TR 4.1%

Value ($000) $4,682 Shares 180,207 Est. Cost $26.31 Unrealized —

— INTERNAP CORP 4.1%

Value ($000) $4,589 Shares 363,334 Est. Cost $11.18 Unrealized —

— VEREIT INC 3.9%

Value ($000) $4,380 Shares 603,336 Est. Cost $7.39 Unrealized —

— CONSTELLIUM NV 3.6%

Value ($000) $4,102 Shares 332,183 Est. Cost $10.55 Unrealized —

CCK CROWN HOLDINGS INC 3.2%

Value ($000) $3,665 Shares 76,350 Est. Cost $42.22 Unrealized 0.0%

— POAGE BANKSHARES INC 2.8%

Value ($000) $3,180 Shares 125,460 Est. Cost $19.13 Unrealized —

— CAREER EDUCATION CORP 2.8%

Value ($000) $3,167 Shares 212,119 Est. Cost $13.64 Unrealized —

CAPL CROSSAMERICA PARTNERS LP 2.6%

Value ($000) $2,915 Shares 161,051 Est. Cost $17.17 Unrealized —

WFC WELLS FARGO CO NEW 2.4%

Value ($000) $2,675 Shares 50,900 Est. Cost $46.23 Unrealized +0.6%

MSTR MICROSTRATEGY INC 1.9%

Value ($000) $2,121 Shares 15,083 Est. Cost $13.65 Unrealized +2.9%

SATS ECHOSTAR CORP 1.7%

Value ($000) $1,887 Shares 40,700 Est. Cost $38.07 Unrealized 0.0%

— NATIONAL CINEMEDIA INC 1.7%

Value ($000) $1,874 Shares 176,996 Est. Cost $7.40 Unrealized —

SUN SUNOCO LP 1.5%

Value ($000) $1,728 Shares 58,487 Est. Cost $27.20 Unrealized —

— NICHOLAS FINANCIAL INC 1.5%

Value ($000) $1,721 Shares 145,737 Est. Cost $9.17 Unrealized —

— HOPFED BANCORP INC 1.5%

Value ($000) $1,698 Shares 97,047 Est. Cost $14.68 Unrealized —

— CINER RES LP 1.5%

Value ($000) $1,697 Shares 62,798 Est. Cost $25.43 Unrealized —

NODK NI HLDGS INC 1.4%

Value ($000) $1,549 Shares 91,823 Est. Cost $16.67 Unrealized +0.2%

C CITIGROUP INC 1.1%

Value ($000) $1,280 Shares 17,849 Est. Cost $44.66 Unrealized +22.6%

MX MAGNACHIP SEMICONDUCTOR CORP 1.0%

Value ($000) $1,164 Shares 117,534 Est. Cost $10.98 Unrealized 0.0%

FNWB FIRST NORTHWEST BANCORP 1.0%

Value ($000) $1,119 Shares 72,682 Est. Cost $14.22 Unrealized +0.7%

— EQUITY COMWLTH 0.8%

Value ($000) $849 Shares 26,443 Est. Cost $30.61 Unrealized —

WCFB WCF BANCORP INC 0.8%

Value ($000) $849 Shares 90,725 Est. Cost $9.46 Unrealized —

JPM JPMORGAN CHASE & CO 0.7%

Value ($000) $844 Shares 7,484 Est. Cost $70.90 Unrealized +30.6%

GPRE GREEN PLAINS INC 0.7%

Value ($000) $775 Shares 45,034 Est. Cost $17.12 Unrealized 0.0%

— NORTHEAST BANCORP 0.7%

Value ($000) $757 Shares 34,883 Est. Cost $21.73 Unrealized —

— GREEN PLAINS PARTNERS LP 0.6%

Value ($000) $670 Shares 44,942 Est. Cost $15.97 Unrealized —

— ATLANTIC PWR CORP 0.5%

Value ($000) $555 Shares 252,054 Est. Cost $2.44 Unrealized —

SFBC SOUND FINL BANCORP INC 0.5%

Value ($000) $516 Shares 13,042 Est. Cost $22.51 Unrealized +52.4%

IROQ IF BANCORP INC 0.4%

Value ($000) $410 Shares 17,781 Est. Cost $22.36 Unrealized +9.5%

— COMMUNITY WEST BANCSHARES 0.3%

Value ($000) $386 Shares 32,205 Est. Cost $11.91 Unrealized —

CLBK COLUMBIA FINL INC 0.3%

Value ($000) $386 Shares 23,100 Est. Cost $16.70 Unrealized 0.0%

FUNC FIRST UTD CORP 0.3%

Value ($000) $386 Shares 20,525 Est. Cost $11.83 Unrealized +29.4%

— WELLESLEY BANCORP INC 0.3%

Value ($000) $362 Shares 10,565 Est. Cost $34.09 Unrealized —

GERN GERON CORP 0.3%

Value ($000) $339 Shares 122,200 Est. Cost — Unrealized —

IWM ISHARES TR 0.2%

Value ($000) $267 Shares 318,100 Est. Cost — Unrealized —

SPY SPDR S&P 500 ETF TR 0.2%

Value ($000) $185 Shares 150,000 Est. Cost — Unrealized —

— EQUITY COMWLTH 0.1%

Value ($000) $167 Shares 6,392 Est. Cost $26.09 Unrealized —

LOB LIVE OAK BANCSHARES INC 0.1%

Value ($000) $97 Shares 104,500 Est. Cost — Unrealized —

OZK BANK OZK 0.0%

Value ($000) $44 Shares 37,000 Est. Cost — Unrealized —

HCI HCI GROUP INC 0.0%

Value ($000) $18 Shares 99,400 Est. Cost — Unrealized —

UVE UNIVERSAL INS HLDGS INC 0.0%

Value ($000) $16 Shares 85,100 Est. Cost — Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
UUP	INVESCO DB US DLR INDEX TR	440,100	$11,117	9.8%	$24.99	—	BULLISH FD	46141D203
—	ENVISION HEALTHCARE CORP	205,360	$9,391	8.3%	$45.73	—	COM	29414D100
ILPT	INDUSTRIAL LOGISTICS PPTYS T	372,038	$8,561	7.6%	$20.43	—	COM SHS BEN INT	456237106
—	MARLIN BUSINESS SVCS CORP	244,872	$7,065	6.2%	$23.61	—	COM	571157106
—	LORAL SPACE & COMMUNICATNS I	137,789	$6,256	5.5%	$39.39	—	COM	543881106
—	PLAYA HOTELS & RESORTS NV	587,737	$5,660	5.0%	$10.19	—	SHS	N70544106
OFS	OFS CAP CORP	423,747	$5,043	4.5%	$13.61	-12.1%	COM	67103B100
—	RLJ LODGING TR	180,207	$4,682	4.1%	$26.31	—	CUM CONV PFD A	74965L200
—	INTERNAP CORP	363,334	$4,589	4.1%	$11.18	—	COM PAR	45885A409
—	VEREIT INC	603,336	$4,380	3.9%	$7.39	—	COM	92339V100
—	CONSTELLIUM NV	332,183	$4,102	3.6%	$10.55	—	CL A	N22035104
CCK	CROWN HOLDINGS INC	76,350	$3,665	3.2%	$42.22	0.0%	COM	228368106
—	POAGE BANKSHARES INC	125,460	$3,180	2.8%	$19.13	—	COM	730206109
—	CAREER EDUCATION CORP	212,119	$3,167	2.8%	$13.64	—	COM	141665109
CAPL	CROSSAMERICA PARTNERS LP	161,051	$2,915	2.6%	$17.17	—	UT LTD PTN INT	22758A105
WFC	WELLS FARGO CO NEW	50,900	$2,675	2.4%	$46.23	+0.6%	COM	949746101
MSTR	MICROSTRATEGY INC	15,083	$2,121	1.9%	$13.65	+2.9%	CL A NEW	594972408
SATS	ECHOSTAR CORP	40,700	$1,887	1.7%	$38.07	0.0%	CL A	278768106
—	NATIONAL CINEMEDIA INC	176,996	$1,874	1.7%	$7.40	—	COM	635309107
SUN	SUNOCO LP	58,487	$1,728	1.5%	$27.20	—	COM U REP LP	86765K109
—	NICHOLAS FINANCIAL INC	145,737	$1,721	1.5%	$9.17	—	COM NEW	65373J209
—	HOPFED BANCORP INC	97,047	$1,698	1.5%	$14.68	—	COM	439734104
—	CINER RES LP	62,798	$1,697	1.5%	$25.43	—	COM UNIT LTD	172464109
NODK	NI HLDGS INC	91,823	$1,549	1.4%	$16.67	+0.2%	COM	65342T106
C	CITIGROUP INC	17,849	$1,280	1.1%	$44.66	+22.6%	COM NEW	172967424
MX	MAGNACHIP SEMICONDUCTOR CORP	117,534	$1,164	1.0%	$10.98	0.0%	COM	55933J203
FNWB	FIRST NORTHWEST BANCORP	72,682	$1,119	1.0%	$14.22	+0.7%	COM	335834107
—	EQUITY COMWLTH	26,443	$849	0.8%	$30.61	—	COM SH BEN INT	294628102
WCFB	WCF BANCORP INC	90,725	$849	0.8%	$9.46	—	COM	92940L103
JPM	JPMORGAN CHASE & CO	7,484	$844	0.7%	$70.90	+30.6%	COM	46625H100
GPRE	GREEN PLAINS INC	45,034	$775	0.7%	$17.12	0.0%	COM	393222104
—	NORTHEAST BANCORP	34,883	$757	0.7%	$21.73	—	COM NEW	663904209
—	GREEN PLAINS PARTNERS LP	44,942	$670	0.6%	$15.97	—	COM REP PTR IN	393221106
—	ATLANTIC PWR CORP	252,054	$555	0.5%	$2.44	—	COM NEW	04878Q863
SFBC	SOUND FINL BANCORP INC	13,042	$516	0.5%	$22.51	+52.4%	COM	83607A100
IROQ	IF BANCORP INC	17,781	$410	0.4%	$22.36	+9.5%	COM	44951J105
—	COMMUNITY WEST BANCSHARES	32,205	$386	0.3%	$11.91	—	COM	204157101
CLBK	COLUMBIA FINL INC	23,100	$386	0.3%	$16.70	0.0%	COM	197641103
FUNC	FIRST UTD CORP	20,525	$386	0.3%	$11.83	+29.4%	COM	33741H107
—	WELLESLEY BANCORP INC	10,565	$362	0.3%	$34.09	—	COM	949485106
GERN	GERON CORP	122,200	$339	0.3%	—	—	Put	374163103
IWM	ISHARES TR	318,100	$267	0.2%	—	—	Put	464287655
SPY	SPDR S&P 500 ETF TR	150,000	$185	0.2%	—	—	Put	78462F103
—	EQUITY COMWLTH	6,392	$167	0.1%	$26.09	—	CUM PFD S D 6.5%	294628201
LOB	LIVE OAK BANCSHARES INC	104,500	$97	0.1%	—	—	Put	53803X105
OZK	BANK OZK	37,000	$44	0.0%	—	—	Put	06417N103
HCI	HCI GROUP INC	99,400	$18	0.0%	—	—	Put	40416E103
UVE	UNIVERSAL INS HLDGS INC	85,100	$16	0.0%	—	—	Put	91359V107