Cove Street Capital 13F holdings, Q4 2011
Holdings as of December 31, 2011 · filings on SEC EDGAR · latest filing →
Cove Street Capital disclosed 56 US equity positions worth $223.8m in its Q4 2011 13F filing. The largest position was White Mountains Insurance Grou at 7.6% of the reported book, followed by Coinstar Inc and CENTA. Against the Q3 2011 filing, it opened 2 new positions, added to 23 and reduced 25 among the top 50 holdings.
What did Cove Street Capital own in Q4 2011? Top 50 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q3 2011 |
|---|---|---|---|---|---|---|---|
| 1 | White Mountains Insurance Grou | 7.6% | $17.0m | 37,436 | -2% | reduced | |
| 2 | Coinstar Inc | 4.7% | $10.5m | 229,545 | 30% | added | |
| 3 | CENTA Central Garden & Pet Co-A | Consumer Defensive | 4.6% | $10.3m | 1,241,375 | 5% | added |
| 4 | Alleghany Corp | 4.6% | $10.3m | 36,166 | 54% | added | |
| 5 | Liberty Interactive SRS A | 4.5% | $10.0m | 615,340 | -3% | reduced | |
| 6 | EFX Equifax Inc | Industrials | 3.8% | $8.4m | 216,771 | -6% | reduced |
| 7 | WEN Wendy's Company | Consumer Cyclical | 3.7% | $8.4m | 1,564,289 | -2% | reduced |
| 8 | Tyco International Ltd | 3.7% | $8.3m | 178,214 | 20% | added | |
| 9 | L Loews Corporation | Financial Services | 3.6% | $8.0m | 213,180 | -3% | reduced |
| 10 | Hewlett-Packard Company | 3.5% | $7.8m | 302,695 | 21% | added | |
| 11 | AES Aes Corp | Utilities | 3.4% | $7.6m | 645,300 | -7% | reduced |
| 12 | Chesapeake Energy Corp | 3.1% | $6.8m | 306,348 | 38% | added | |
| 13 | Covidien plc. Ordinary Shares | 3.0% | $6.7m | 147,753 | 2% | added | |
| 14 | Jefferies Group | 2.8% | $6.4m | 463,735 | – | new | |
| 15 | TFX Teleflex Incorporated | Healthcare | 2.8% | $6.2m | 101,393 | -8% | reduced |
| 16 | Approach Resources Inc | 2.2% | $5.0m | 170,780 | 166% | added | |
| 17 | JPM JPMorgan Chase & Co | Financial Services | 2.2% | $4.9m | 148,760 | -3% | reduced |
| 18 | TEL TE Connectivity Ltd | Technology | 2.2% | $4.9m | 160,340 | -16% | reduced |
| 19 | Yahoo Inc | 2.1% | $4.7m | 288,775 | -30% | reduced | |
| 20 | HSN Inc | 2.0% | $4.4m | 120,737 | 15% | added | |
| 21 | SEIC SEI Investments Company | Financial Services | 1.8% | $4.1m | 234,542 | 567% | added |
| 22 | Pioneer Natural Resources Co | 1.8% | $4.0m | 44,850 | -20% | reduced | |
| 23 | BNY Bank of New York Mellon Bank | Financial Services | 1.8% | $3.9m | 197,980 | -47% | reduced |
| 24 | WWD Woodward Inc | Industrials | 1.7% | $3.9m | 94,437 | -29% | reduced |
| 25 | Symetra Financial Corporation | 1.5% | $3.3m | 369,275 | -37% | reduced | |
| 26 | RVTY PerkinElmer Inc | Healthcare | 1.4% | $3.2m | 160,307 | 79% | added |
| 27 | STT State Street Corp | Financial Services | 1.4% | $3.1m | 76,790 | – | new |
| 28 | Spartech Corporation | 1.4% | $3.1m | 651,742 | 11% | added | |
| 29 | IEX Idex Corp | Industrials | 1.4% | $3.0m | 81,600 | 177% | added |
| 30 | LOW Lowe's Companies Inc | Consumer Cyclical | 1.3% | $2.9m | 112,675 | -48% | reduced |
| 31 | Global Cash Access Holdings | 1.2% | $2.8m | 625,043 | -8% | reduced | |
| 32 | Liberty Media Cap | 1.2% | $2.7m | 34,693 | 127% | added | |
| 33 | WMT Wal-Mart Stores Inc | Consumer Defensive | 1.1% | $2.5m | 41,030 | -20% | reduced |
| 34 | EXP Eagle Materials Inc | Basic Materials | 0.9% | $2.0m | 76,308 | 36% | added |
| 35 | KMG Chemicals Inc | 0.8% | $1.7m | 97,290 | 39% | added | |
| 36 | FICO Fair Isaac Corp | Technology | 0.7% | $1.6m | 44,250 | 14% | added |
| 37 | VCA Antech Inc | 0.7% | $1.6m | 79,134 | 34% | added | |
| 38 | FFBC First Financial Bancorp | Financial Services | 0.7% | $1.5m | 92,557 | 35% | added |
| 39 | Hallmark Financial Services In | 0.7% | $1.5m | 220,084 | 34% | added | |
| 40 | International Speedway Corp-Cl | 0.7% | $1.5m | 57,736 | 43% | added | |
| 41 | SMG Scotts Miracle-Gro Company | Basic Materials | 0.6% | $1.4m | 30,889 | 35% | added |
| 42 | BA Boeing Co | Industrials | 0.5% | $1.2m | 16,060 | -19% | reduced |
| 43 | W.P Carey & Co. LLC | 0.5% | $1.1m | 27,640 | -10% | reduced | |
| 44 | SGU Star Gas Partners L.P | 0.5% | $1.1m | 223,350 | 7% | added | |
| 45 | Accenture plc | 0.5% | $1.1m | 20,220 | -19% | reduced | |
| 46 | HAL Halliburton Company | Energy | 0.5% | $1.0m | 30,310 | -2% | reduced |
| 47 | ITT Corp | 0.5% | $1.0m | 53,546 | -53% | reduced | |
| 48 | Altra Holdings Inc | 0.4% | $977.0k | 51,867 | -31% | reduced | |
| 49 | Boardwalk Pipeline Partners | 0.4% | $956.0k | 34,550 | -38% | reduced | |
| 50 | Annaly Capital Mangement Inc | 0.3% | $773.0k | 48,450 | -22% | reduced |
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.