Western Standard LLC 13F holdings, Q3 2025
Holdings as of September 30, 2025 · filings on SEC EDGAR · latest filing →
Western Standard LLC disclosed 22 US equity positions worth $187.0m in its Q3 2025 13F filing. The largest position was KROS at 18.5% of the reported book, followed by OSG and ATEC. Against the Q2 2025 filing, it opened 11 new positions, added to 3 and reduced 3 among the top 22 holdings.
What did Western Standard LLC own in Q3 2025? Top 22 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q2 2025 |
|---|---|---|---|---|---|---|---|
| 1 | KROS KEROS THERAPEUTICS INC | Healthcare | 18.5% | $34.6m | 2,189,882 | 43% | added |
| 2 | OSG AMBAC FINL GROUP INC | Financial Services | 11.8% | $22.0m | 2,641,351 | – | new |
| 3 | ATEC ALPHATEC HLDGS INC | Healthcare | 9.8% | $18.3m | 1,255,374 | 0% | held |
| 4 | SELECT MED HLDGS CORP | 7.2% | $13.6m | 1,055,357 | – | new | |
| 5 | DRVN DRIVEN BRANDS HLDGS INC | Consumer Cyclical | 6.0% | $11.2m | 693,413 | 69% | added |
| 6 | EZPW EZCORP INC | Financial Services | 5.4% | $10.1m | 530,000 | 0% | held |
| 7 | GDOT GREEN DOT CORP | Financial Services | 4.8% | $8.9m | 666,330 | 15% | added |
| 8 | CWCO CONSOLIDATED WATER CO INC | Utilities | 4.0% | $7.5m | 211,785 | -35% | reduced |
| 9 | NPK NATIONAL PRESTO INDS INC | Industrials | 3.6% | $6.8m | 60,730 | 0% | held |
| 10 | BBWI BATH & BODY WORKS INC | Consumer Cyclical | 3.6% | $6.8m | 263,061 | – | new |
| 11 | ABEO ABEONA THERAPEUTICS INC | Healthcare | 3.5% | $6.6m | 1,249,957 | -40% | reduced |
| 12 | FIVE FIVE BELOW INC | Consumer Cyclical | 3.4% | $6.3m | 40,600 | – | new |
| 13 | AVNW AVIAT NETWORKS INC | 3.3% | $6.1m | 267,906 | 0% | held | |
| 14 | INVESCO DB US DLR INDEX TR | 2.7% | $5.1m | 185,453 | 0% | held | |
| 15 | MISTER CAR WASH INC | 2.2% | $4.1m | 777,482 | – | new | |
| 16 | YETI YETI HLDGS INC | Consumer Cyclical | 2.1% | $3.9m | 118,455 | -65% | reduced |
| 17 | FRPT FRESHPET INC | Consumer Defensive | 1.9% | $3.5m | 64,000 | – | new |
| 18 | SXT SENSIENT TECHNOLOGIES CORP | Basic Materials | 1.7% | $3.2m | 34,452 | – | new |
| 19 | ABUS ARBUTUS BIOPHARMA CORP | Healthcare | 1.2% | $2.3m | 507,853 | – | new |
| 20 | IOSP INNOSPEC INC | Basic Materials | 1.1% | $2.1m | 27,000 | – | new |
| 21 | CMA COMERICA INC | 1.1% | $2.0m | 29,500 | – | new | |
| 22 | FIGS FIGS INC | Consumer Cyclical | 1.0% | $1.9m | 278,440 | – | 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.