Instuitional Investor - Western Standard, Llc

13F Holdings

Filing Period:

No.	Security	Ticker	Shares	Value	% Port
1.	Spdr S & P 500 Etf TrustPUT	SPY	180,000	$119,912,400	35.57%
2.	Keros Therapeutics Inc.	KROS	2,189,882	$34,643,933	10.28%
3.	Ishares TrustPUT	IEF	125,000	$30,245,000	8.97%
4.	Ambac Financial Group Inc	AMBC	2,641,351	$22,028,867	6.53%
5.	Alphatec Holdings Inc.	ATEC	1,255,374	$18,253,138	5.41%