Western Standard LLC 13F holdings, Q1 2025
Holdings as of March 31, 2025 · filings on SEC EDGAR · latest filing →
Western Standard LLC disclosed 29 US equity positions worth $170.1m in its Q1 2025 13F filing. The largest position was FIRST FINANCIAL NORTHWEST IN at 12.3% of the reported book, followed by VTOL and KEL. Against the Q4 2024 filing, it opened 13 new positions, added to 11 and reduced 4 among the top 29 holdings.
What did Western Standard LLC own in Q1 2025? Top 29 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q4 2024 |
|---|---|---|---|---|---|---|---|
| 1 | FIRST FINANCIAL NORTHWEST IN | 12.3% | $20.9m | 923,000 | 1% | added | |
| 2 | VTOL BRISTOW GROUP INC | 10.9% | $18.6m | 588,568 | 4% | added | |
| 3 | KEL KELLANOVA | 8.4% | $14.3m | 173,846 | 106% | added | |
| 4 | ATEC ALPHATEC HLDGS INC | Healthcare | 6.8% | $11.6m | 1,141,489 | 57% | added |
| 5 | ABEO ABEONA THERAPEUTICS INC | Healthcare | 6.4% | $10.9m | 2,281,199 | 9% | added |
| 6 | ECVT ECOVYST INC | Basic Materials | 6.2% | $10.6m | 1,711,842 | 37% | added |
| 7 | TIGO MILLICOM INTL CELLULAR S A | Communication Services | 4.0% | $6.8m | 225,414 | – | new |
| 8 | PTB POTBELLY CORP | 3.9% | $6.7m | 701,323 | 113% | added | |
| 9 | OSG AMBAC FINL GROUP INC | Financial Services | 3.6% | $6.1m | 699,352 | 54% | added |
| 10 | MERIDIANLINK INC | 3.3% | $5.7m | 307,010 | -12% | reduced | |
| 11 | CWCO CONSOLIDATED WATER CO INC | Utilities | 3.2% | $5.5m | 225,661 | – | new |
| 12 | AIV APARTMENT INVT & MGMT CO | 3.2% | $5.4m | 618,386 | -5% | reduced | |
| 13 | INVESCO DB US DLR INDEX TR | 3.1% | $5.3m | 185,453 | 2% | added | |
| 14 | NPK NATIONAL PRESTO INDS INC | Industrials | 2.8% | $4.7m | 53,500 | – | new |
| 15 | NBN NORTHEAST BK PORTLAND ME | Financial Services | 2.5% | $4.3m | 46,528 | 4% | added |
| 16 | DRVN DRIVEN BRANDS HLDGS INC | Consumer Cyclical | 2.4% | $4.1m | 241,077 | – | new |
| 17 | AVNW AVIAT NETWORKS INC | 2.2% | $3.8m | 197,728 | – | new | |
| 18 | YETI YETI HLDGS INC | Consumer Cyclical | 2.1% | $3.5m | 106,327 | -5% | reduced |
| 19 | NNI NELNET INC | Financial Services | 2.1% | $3.5m | 31,675 | 29% | added |
| 20 | GDOT GREEN DOT CORP | Financial Services | 2.0% | $3.4m | 400,000 | – | new |
| 21 | CHWY CHEWY INC | Consumer Cyclical | 1.8% | $3.0m | 92,673 | – | new |
| 22 | HP5A EQUITY COMWLTH | 1.3% | $2.2m | 1,376,613 | -17% | reduced | |
| 23 | G2C EVERI HLDGS INC | 1.2% | $2.0m | 144,650 | 0% | held | |
| 24 | BOOT BOOT BARN HLDGS INC | Consumer Cyclical | 0.9% | $1.5m | 14,400 | – | new |
| 25 | FUN SIX FLAGS ENTERTAINMENT CORP | 0.9% | $1.5m | 43,000 | – | new | |
| 26 | KROS KEROS THERAPEUTICS INC | Healthcare | 0.8% | $1.4m | 134,914 | – | new |
| 27 | LOCO EL POLLO LOCO HLDGS INC | Consumer Cyclical | 0.8% | $1.3m | 125,000 | – | new |
| 28 | BTMCQ BITCOIN DEPOT INC | 0.5% | $929.3k | 615,433 | – | new | |
| 29 | CMT CORE MOLDING TECHNOLOGIES IN | 0.3% | $433.9k | 28,544 | – | new |
Weights are shares of the reported long US equity book (options excluded). Values are as filed, normalised to whole dollars. Share changes compare against the immediately preceding filing only.