Western Standard LLC’s iShares Russell 2000 ETF IWM Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2025 Q4	–	Sell	-125,000	Closed	-$30.2M	–	32
2025 Q3	$30.2M	Buy	+125,000	New	+$28.7M	8.97%	3
2024 Q2	–	Sell	-140,000	Closed	-$29.4M	–	25
2024 Q1	$29.4M	Sell	140,000 -80,000	-36%	-$16M	14.1%	3
2023 Q4	$44.2M	Buy	+220,000	New	+$39.4M	29.4%	1
2023 Q3	–	Sell	-375,000	Closed	-$480K	–	30
2023 Q2	$480K	Buy	+375,000	New	+$66.9M	0.41%	28
2021 Q4	–	Sell	-219,100	Closed	-$1.63M	–	34
2021 Q3	$1.63M	Sell	219,100 -118,700	-35%	-$26.3M	0.93%	24
2021 Q2	$927K	Buy	337,800 +237,800	+238%	+$53.5M	0.55%	31
2021 Q1	$733K	Buy	100,000 +99,500	+19,900%	+$21.7M	0.52%	28
2020 Q4	$245K	Buy	+500	New	+$87.5K	0.28%	30
2018 Q4	–	Sell	-318,100	Closed	-$267K	–	48
2018 Q3	$267K	Buy	318,100 +133,100	+72%	+$22.5M	0.24%	42
2018 Q2	$807K	Buy	+185,000	New	+$29.6M	0.82%	31