Western Standard LLC

All Holdings — 2026 Q1

AI Portfolio Summary
In 2026 Q1, Western Standard LLC maintained a portfolio of 34 distinct positions. The most significant new addition to the portfolio was TELEFLEX INCORPORATE, which now represents 11.63% of the total fund value. They heavily accumulated shares in GREEN DOT CORP, increasing their position by 79.3%. Conversely, Western Standard LLC completely exited their position in GALAPAGOS NV.
PCA Score Concentration Risk
Risk ENB
Total Positions
34
Quarter
2026 Q1
Top Holding
GDOT (20.9%)
Top 10 Concentration
78.4%
Turnover Rate
23.4%
Sector HHI
0.18
Items per page:
Showing 1-34 of 34
Stock History Sector / Type Port % Prev % Rank / Prev Conviction Change % Change Influence Shares Mkt Value Avg Cost Price Held 1st Owned Source Source Date Date Reported
GDOT
GREEN DOT CORP
Financial Services 20.93% 11.68% #1 2
Prev: #3
9.0 1,569,126 79.3%
P
S
3,546,626 $39,793,144 2025 Q1 13F Filing 2026-03-31 2026-05-05
CODI
COMPASS DIVERSI...
Bond/Debt 12.97% 2.58% #2 10
Prev: #12
8.5 1,972,156 169.3%
P
S
3,137,156 $24,658,046 2025 Q4 13F Filing 2026-03-31 2026-05-05
TFX
TELEFLEX INCORP...
Healthcare 11.63% #3
Prev: #—
8.5 184,817 no change
NEW
184,817 $22,105,961 2026 Q1 13F Filing 2026-03-31 2026-05-05
IOSP
INNOSPEC INC
Basic Materials 8.71% 9.48% #4
Prev: #4
4.5 -41,534 -15.5%
P
S
226,833 $16,563,346 2025 Q3 13F Filing 2026-03-31 2026-05-05
AMBC
OCTAVE SPECIALT...
Unknown 5.50% 8.99% #5
Prev: #5
3.2 -257,036 -10.3%
P
S
2,247,591 $10,451,298 2019 Q4 13F Filing 2026-03-31 2026-05-05
AVNW
AVIAT NETWORKS ...
Technology 4.94% 4.87% #6
Prev: #6
2.5 -78,486 -15.9%
P
S
415,752 $9,400,153 2025 Q1 13F Filing 2026-03-31 2026-05-05
ANGI
ANGI INC
Communication Services 4.37% 0.83% #7 15
Prev: #22
4.7 1,074,715 774.1%
P
S
1,213,557 $8,312,865 2025 Q4 13F Filing 2026-03-31 2026-05-05
AIV
APARTMENT INVT ...
Real Estate 3.48% 4.60% #8 1
Prev: #7
1.9 -53,300 -3.2%
P
S
1,626,624 $6,620,360 2023 Q4 13F Filing 2026-03-31 2026-05-05
YETI
YETI HLDGS INC
Consumer Cyclical 3.12% #9
Prev: #—
4.7 162,000 no change
NEW
162,000 $5,927,580 2024 Q4 13F Filing 2026-03-31 2026-05-05
FIVE
FIVE BELOW INC
Consumer Cyclical 2.79% 3.53% #10 1
Prev: #11
1.1 -17,348 -42.7%
P
S
23,252 $5,312,617 2025 Q3 13F Filing 2026-03-31 2026-05-05
DAVE
DAVE INC
Technology 2.76% #11
Prev: #—
4.6 30,156 no change
NEW
30,156 $5,249,858 2026 Q1 13F Filing 2026-03-31 2026-05-05
UUP
INVESCO DB US D...
ETF 2.71% 2.31% #12 1
Prev: #13
2.1 no change no change
P
S
185,453 $5,151,884 2018 Q2 13F Filing 2026-03-31 2026-05-05
EZPW
EZCORP INC
Financial Services 2.69% 3.58% #13 3
Prev: #10
1.1 -198,321 -49.6%
P
S
201,679 $5,118,613 2019 Q3 13F Filing 2026-03-31 2026-05-05
FRPT
FRESHPET INC
Consumer Defensive 2.24% #14
Prev: #—
4.4 72,400 no change
NEW
72,400 $4,268,704 2025 Q3 13F Filing 2026-03-31 2026-05-05
WULF
TERAWULF INC
Financial Services 2.09% #15
Prev: #—
4.3 274,876 no change
NEW
274,876 $3,966,461 2026 Q1 13F Filing 2026-03-31 2026-05-05
HNRG
HALLADOR ENERGY...
Energy 1.96% #16
Prev: #—
4.3 228,662 no change
NEW
228,662 $3,722,617 2026 Q1 13F Filing 2026-03-31 2026-05-05
NSP
INSPERITY INC
Industrials 1.56% 3.85% #17 8
Prev: #9
0.6 -105,667 -49.0%
P
S
109,933 $2,972,588 2025 Q4 13F Filing 2026-03-31 2026-05-05
WEAV
WEAVE COMMUNICA...
Healthcare 1.25% #18
Prev: #—
4.0 514,093 no change
NEW
514,093 $2,375,110 2026 Q1 13F Filing 2026-03-31 2026-05-05
FFBC
1ST FINL BANCOR...
Financial Services 1.24% 0.87% #19 1
Prev: #20
2.5 9,857 13.1%
P
S
84,857 $2,365,813 2025 Q4 13F Filing 2026-03-31 2026-05-05
ABUS
ARBUTUS BIOPHAR...
Healthcare 1.23% 1.13% #20 3
Prev: #17
1.0 13,734 2.7%
P
S
521,587 $2,347,142 2025 Q3 13F Filing 2026-03-31 2026-05-05
CWH
CAMPING WORLD H...
Consumer Cyclical 1.10% #21
Prev: #—
3.9 307,500 no change
NEW
307,500 $2,100,225 2026 Q1 13F Filing 2026-03-31 2026-05-05
HAIN
HAIN CELESTIAL ...
Consumer Defensive 0.59% #22
Prev: #—
3.7 1,617,037 no change
NEW
1,617,037 $1,128,368 2026 Q1 13F Filing 2026-03-31 2026-05-05
ATEC
ALPHATEC HLDGS ...
Healthcare 0.13% 12.18% #23 21
Prev: #2
0.1 -1,232,881 -98.2%
P
S
22,493 $244,724 2024 Q4 13F Filing 2026-03-31 2026-05-05
GLPG
GALAPAGOS NV
Healthcare 0.00% 0.48%
Sold All 😨
(Was: #25)
0.0 -32,000 -100.0%
CLOSED
$— 2025 Q4 13F Filing 2026-03-31 2026-05-05
SNCR
SYNCHRONOSS TEC...
Unknown 0.00% 0.77%
Sold All 😨
(Was: #24)
0.0 -195,117 -100.0%
CLOSED
$— 2025 Q4 13F Filing 2026-03-31 2026-05-05
UPBD
UPBOUND GROUP I...
Technology 0.00% 0.81%
Sold All 😨
(Was: #23)
0.0 -100,000 -100.0%
CLOSED
$— 2025 Q4 13F Filing 2026-03-31 2026-05-05
SVV
SAVERS VALUE VL...
Consumer Cyclical 0.00% 0.86%
Sold All 😨
(Was: #21)
0.0 -200,000 -100.0%
CLOSED
$— 2025 Q4 13F Filing 2026-03-31 2026-05-05
FOXF
FOX FACTORY HLD...
Consumer Cyclical 0.00% 0.95%
Sold All 😨
(Was: #19)
0.0 -120,000 -100.0%
CLOSED
$— 2025 Q4 13F Filing 2026-03-31 2026-05-05
GOOGL
ALPHABET INC
Communication Services 0.00% 1.01%
Sold All 😨
(Was: #18)
0.0 -7,000 -100.0%
CLOSED
$— 2018 Q4 13F Filing 2026-03-31 2026-05-05
NX
QUANEX BLDG PRO...
Industrials 0.00% 1.95%
Sold All 😨
(Was: #16)
0.0 -274,338 -100.0%
CLOSED
$— 2025 Q4 13F Filing 2026-03-31 2026-05-05
MCW
MISTER CAR WASH...
Consumer Cyclical 0.00% 2.05%
Sold All 😨
(Was: #15)
0.0 -797,906 -100.0%
CLOSED
$— 2025 Q3 13F Filing 2026-03-31 2026-05-05
DRVN
DRIVEN BRANDS H...
Consumer Cyclical 0.00% 2.07%
Sold All 😨
(Was: #14)
0.0 -303,413 -100.0%
CLOSED
$— 2025 Q1 13F Filing 2026-03-31 2026-05-05
BLTE
BELITE BIO INC
Healthcare 0.00% 4.43%
Sold All 😨
(Was: #8)
0.0 -60,026 -100.0%
CLOSED
$— 2025 Q4 13F Filing 2026-03-31 2026-05-05
SEM
SELECT MED HLDG...
Healthcare 0.00% 14.14%
Sold All 😨
(Was: #1)
0.0 -2,064,021 -100.0%
CLOSED
$— 2022 Q3 13F Filing 2026-03-31 2026-05-05
Showing 1-34 of 34 holdings

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