Western Standard LLC
In its 13F for Q2 2026 (holdings as of June 30, 2026, filed August 10, 2026), Western Standard LLC reported 27 stock positions worth $295.3 million. Its top holding was Green Dot Class A (GDOT) at 14.8% of the portfolio, followed by Glass House Brands (GLAS, 11.9%) and Compass Diversified (CODI, 9.6%). Compared with Q1 2026, it opened 18 new positions, sold out of 14, added to 4 and reduced 4. The biggest buy was a new position in Glass House Brands (GLAS) and the biggest sale an exit from Teleflex (TFX).
- Most Recent 13F
- Q2 2026
- Location
- Los Angeles, CA
- CIK
- 0001517666
- Portfolio Value
- $295.3M (Q2 2026)
- SEC Filing
- 0001193125-26-342238 ↗ filed Aug 10, 2026
Holdings Value
Holdings 27 stocks · $295.3M
| GDOT Green Dot Corp. Class A | 14.83% | 3,240,114 | $43.8M | Reduce -8.6% |
| GLAS Glass House Brands Inc. | 11.86% | 2,728,768 | $35.0M | New |
| CODI Compass Diversified Holdings | 9.57% | 2,651,950 | $28.3M | Reduce -15.5% |
| ABVX Abivax SA-ADR | 9.03% | 200,000 | $26.7M | New |
| AVTR Avantor Inc. | 7.07% | 2,109,984 | $20.9M | New |
| IOSP Innospec Inc. | 6.53% | 236,833 | $19.3M | Add +4.4% |
| EA Electronic Arts Inc. | 6.10% | 87,900 | $18.0M | New |
| OSG Octave Specialty Group Inc. | 4.75% | 2,247,591 | $14.0M | No change |
| AHRT Ah Realty Trust Inc. | 3.11% | 1,295,429 | $9.2M | New |
| STGW Stagwell Inc. | 2.94% | 1,167,276 | $8.7M | New |
| BOBS Bob's Discount Furniture | 2.70% | 502,997 | $8.0M | New |
| FRPT Freshpet Inc. | 2.55% | 127,300 | $7.5M | Add +75.8% |
| CWCO Consolidated Water Co.-Ord SH | 2.52% | 252,056 | $7.4M | New |
| AVNW Aviat Networks Inc. | 2.26% | 301,028 | $6.7M | Reduce -27.6% |
| FWRG First Watch Restaurant Group | 2.24% | 513,240 | $6.6M | New |
| COO The Cooper Cos Inc. | 1.77% | 72,900 | $5.2M | New |
| ANGO Angiodynamics Inc. | 1.71% | 387,188 | $5.0M | New |
| EZPW Ezcorp Inc. Class A | 1.65% | 140,979 | $4.9M | Reduce -30.1% |
| INBX Inhibrx Biosciences Inc. | 1.51% | 47,000 | $4.5M | New |
| FFBC First Financial Bancorp filed as 1ST FINL BANCORP | 1.01% | 88,357 | $3.0M | Add +4.1% |
| ABUS Arbutus Biopharma Corp. | 0.88% | 542,787 | $2.6M | Add +4.1% |
| GENI Genius Sports Ltd. | 0.82% | 400,000 | $2.4M | New |
| MELI MercadoLibre Inc. | 0.80% | 1,400 | $2.4M | New |
| CHWY Chewy Inc. Class A | 0.74% | 111,229 | $2.2M | New |
| OLLI Ollie's Bargain Outlet Holdi | 0.73% | 28,000 | $2.2M | New |
| RRGB Red Robin Gourmet Burgers | 0.24% | 88,418 | $706K | New |
| HLLY Holley Inc. | 0.08% | 92,896 | $237K | New |
Portfolio Sells Q1 2026 → Q2 2026
| TFX Teleflex Inc. | Sold out | 0.00% | −11.63 |
| GDOT Green Dot Corp. Class A | Reduce -8.6% | 14.83% | −6.10 |
| ANGI Angi Inc. | Sold out | 0.00% | −4.37 |
| AIV Apartment Invt & Mgmt Co. Class A | Sold out | 0.00% | −3.48 |
| CODI Compass Diversified Holdings | Reduce -15.5% | 9.57% | −3.39 |
| YETI Yeti Holdings Inc. | Sold out | 0.00% | −3.12 |
| FIVE Five Below | Sold out | 0.00% | −2.79 |
| DAVE Dave Inc. | Sold out | 0.00% | −2.76 |
| UUP Invesco DB US Dollar Index B | Sold out | 0.00% | −2.71 |
| AVNW Aviat Networks Inc. | Reduce -27.6% | 2.26% | −2.68 |
| WULF Terawulf Inc. | Sold out | 0.00% | −2.09 |
| HNRG Hallador Energy Co. | Sold out | 0.00% | −1.96 |
| NSP Insperity Inc. | Sold out | 0.00% | −1.56 |
| WEAV Weave Communications Inc. | Sold out | 0.00% | −1.25 |
| CWH Camping World Holdings Inc. Class A | Sold out | 0.00% | −1.10 |
| EZPW Ezcorp Inc. Class A | Reduce -30.1% | 1.65% | −1.04 |
| HAIN Hain Celestial Group Inc. | Sold out | 0.00% | −0.59 |
| ATEC Alphatec Holdings Inc. | Sold out | 0.00% | −0.13 |
Portfolio Buys Q1 2026 → Q2 2026
| GLAS Glass House Brands Inc. | New | 11.86% | +11.86 |
| ABVX Abivax SA-ADR | New | 9.03% | +9.03 |
| AVTR Avantor Inc. | New | 7.07% | +7.07 |
| EA Electronic Arts Inc. | New | 6.10% | +6.10 |
| AHRT Ah Realty Trust Inc. | New | 3.11% | +3.11 |
| STGW Stagwell Inc. | New | 2.94% | +2.94 |
| BOBS Bob's Discount Furniture | New | 2.70% | +2.70 |
| CWCO Consolidated Water Co.-Ord SH | New | 2.52% | +2.52 |
| FWRG First Watch Restaurant Group | New | 2.24% | +2.24 |
| COO The Cooper Cos Inc. | New | 1.77% | +1.77 |
| ANGO Angiodynamics Inc. | New | 1.71% | +1.71 |
| INBX Inhibrx Biosciences Inc. | New | 1.51% | +1.51 |
| GENI Genius Sports Ltd. | New | 0.82% | +0.82 |
| MELI MercadoLibre Inc. | New | 0.80% | +0.80 |
| CHWY Chewy Inc. Class A | New | 0.74% | +0.74 |
| OLLI Ollie's Bargain Outlet Holdi | New | 0.73% | +0.73 |
| FRPT Freshpet Inc. | Add +75.8% | 2.55% | +0.30 |
| RRGB Red Robin Gourmet Burgers | New | 0.24% | +0.24 |
| HLLY Holley Inc. | New | 0.08% | +0.08 |
| FFBC First Financial Bancorp | Add +4.1% | 1.01% | −0.23 |
| ABUS Arbutus Biopharma Corp. | Add +4.1% | 0.88% | −0.35 |
| IOSP Innospec Inc. | Add +4.4% | 6.53% | −2.18 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 27 | $295.3M | GDOT, GLAS, CODI, ABVX, AVTR |
| Q1 2026 | 23 | $190.2M | GDOT, CODI, TFX, IOSP, OSG |
| Q4 2025 | 25 | $216.8M | SEM, ATEC, GDOT, IOSP, OSG |
| Q3 2025 | 22 | $187.0M | KROS, OSG, ATEC, SEM, DRVN |
| Q2 2025 | 20 | $179.7M | ECVT, KROS, ATEC, ABEO, TIGO |
| Q1 2025 | 29 | $170.1M | FFNW, VTOL, K, ATEC, ABEO |
| Q4 2024 | 23 | $150.1M | FFNW, VTOL, ABEO, MCY, ECVT |
| Q3 2024 | 21 | $106.6M | EQC, VTOL, ABEO, ZUO, NVRO |
| Q2 2024 | 22 | $96.6M | EQC, VTOL, ZUO, ABEO, PBPB |
| Q1 2024 | 22 | $106.1M | MACK, VTOL, ABEO, EQC, FIS |