Western Standard LLC Buys $13.55 Million Stake in Select Medical Holdings

The investment firm takes a significant position in the healthcare services provider.

Published on Feb. 27, 2026

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Western Standard LLC has acquired a new position in Select Medical Holdings Corporation (NYSE:SEM), purchasing 1,055,357 shares valued at approximately $13.55 million. This represents around 0.85% of Select Medical's outstanding shares, making it the firm's fourth-largest holding.

Why it matters

The investment by Western Standard LLC suggests the firm sees potential in Select Medical's business model and future prospects. As a major healthcare services provider, Select Medical's performance is closely watched by investors and analysts.

The details

According to a recent 13F filing, Western Standard LLC bought the new position in Select Medical during the third quarter. Select Medical operates long-term acute care hospitals and inpatient rehabilitation facilities, as well as an outpatient rehabilitation division.

  • Western Standard LLC disclosed the new position in its Q3 2026 13F filing.

The players

Western Standard LLC

An investment firm that has taken a $13.55 million position in Select Medical Holdings Corporation.

Select Medical Holdings Corporation

A leading provider of specialized healthcare services in the United States, operating long-term acute care hospitals, inpatient rehabilitation facilities, and an outpatient rehabilitation division.

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The takeaway

The significant investment by Western Standard LLC in Select Medical suggests the firm sees strong potential in the healthcare services provider's business model and future growth prospects. This could signal increased investor interest and scrutiny around Select Medical's performance going forward.