Western Standard LLC

Q3 2025 13F-HR Holdings

Location
Los Angeles, CA
Holdings as of
9/30/2025
Date filed
11/12/2025
Form type
13F-HR
Num holdings
24
Total value ($000)
$337,137
Net value change ($000)
+157,425 (87.6%)
New positions
11
Sold out positions
9
Turnover %
76.4%
Sector allocation + QoQ delta (equities-only)
Prev filing: 8/14/2025 Next filing: 2/3/2026 SEC filing

Snapshot: Change Analysis

Compared to Q2 2025
Methodology: sector metrics are equities-only; instrument mix chart is ex-options; options exposure is shown separately. Why this matters.
Top Adds (Value $000, Stocks/ETFs)
OSG 22,029 NEW
KROS 14,153 69.1%
SEM 13,551 NEW
BBWI 6,776 NEW
FIVE 6,281 NEW
ATEC 4,318 31.0%
MCW 4,144 NEW
DRVN 3,977 55.3%
FRPT 3,527 NEW
SXT 3,233 NEW
Top Reduces (Value $000, Stocks/ETFs)
ECVT -29,355 -100.0%
TIGO -11,763 -100.0%
PBPB -11,363 -100.0%
AIV -9,162 -100.0%
YETI -6,608 -62.7%
ABEO -5,280 -44.4%
LPX -4,723 -100.0%
NNI -4,398 -100.0%
CWCO -2,245 -23.1%
G -2,060 -100.0%
Instrument mix + QoQ Δ (ex-options)
Derivatives reported exposure ($000): 150,157 (44.5% of total reported value)
How this table is calculated: SEC VALUE ($000) is used as reported. For derivatives (PUT/CALL/WARRANT/RIGHT), SEC value represents reported underlying exposure, not premium cash paid/received. Column % is bucket-based: non-options share is calculated inside non-option total, options share is calculated inside options total. Details.
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Instrument:
Issuer Name Ticker Sector Industry Class History Value ($000) % Shares Shares Δ Shares Δ% Value Δ ($000) Value Δ% Principal Option Type