Cove Street Capital 13F holdings, Q2 2012
Holdings as of June 30, 2012 · filings on SEC EDGAR · latest filing →
Cove Street Capital disclosed 56 US equity positions worth $213.6m in its Q2 2012 13F filing. The largest position was CENTA at 6.6% of the reported book, followed by Alleghany Corp and White Mountains Insurance Grou. Against the Q4 2011 filing, it opened 11 new positions, added to 10 and reduced 28 among the top 50 holdings.
What did Cove Street Capital own in Q2 2012? Top 50 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q4 2011 |
|---|---|---|---|---|---|---|---|
| 1 | CENTA Central Garden & Pet Co-A | Consumer Defensive | 6.6% | $14.2m | 1,299,815 | 5% | added |
| 2 | Alleghany Corp | 6.0% | $12.8m | 37,640 | 4% | added | |
| 3 | White Mountains Insurance Grou | 5.7% | $12.1m | 23,183 | -38% | reduced | |
| 4 | RVTY PerkinElmer Inc | Healthcare | 4.8% | $10.2m | 394,929 | 146% | added |
| 5 | L Loews Corporation | Financial Services | 4.2% | $9.0m | 219,080 | 3% | added |
| 6 | Approach Resources Inc | 3.9% | $8.4m | 329,706 | 93% | added | |
| 7 | JPM JPMorgan Chase & Co | Financial Services | 3.9% | $8.3m | 231,467 | 56% | added |
| 8 | COF Capital One Financial | Financial Services | 3.8% | $8.1m | 147,845 | – | new |
| 9 | Liberty Interactive SRS A | 3.6% | $7.7m | 435,345 | -29% | reduced | |
| 10 | Covidien plc. Ordinary Shares | 3.5% | $7.4m | 138,897 | -6% | reduced | |
| 11 | EFX Equifax Inc | Industrials | 3.4% | $7.2m | 153,740 | -29% | reduced |
| 12 | CLGX Corelogic Inc | 3.1% | $6.5m | 357,370 | – | new | |
| 13 | Hewlett-Packard Company | 2.8% | $6.0m | 296,130 | -2% | reduced | |
| 14 | Neustar Inc | 2.8% | $5.9m | 177,680 | – | new | |
| 15 | Tessera Technologies Inc | 2.5% | $5.4m | 353,400 | – | new | |
| 16 | PMC-Sierra Inc Co | 2.2% | $4.7m | 766,700 | – | new | |
| 17 | SEIC SEI Investments Company | Financial Services | 2.1% | $4.4m | 223,129 | -5% | reduced |
| 18 | Chesapeake Energy Corp | 2.0% | $4.4m | 235,093 | -23% | reduced | |
| 19 | AIG American International Group | Financial Services | 2.0% | $4.4m | 135,705 | – | new |
| 20 | STT State Street Corp | Financial Services | 1.9% | $4.1m | 92,730 | 21% | added |
| 21 | Jefferies Group | 1.9% | $4.0m | 311,195 | -33% | reduced | |
| 22 | Pioneer Natural Resources Co | 1.9% | $4.0m | 45,070 | 0% | held | |
| 23 | Liberty Media Cap | 1.8% | $3.9m | 44,145 | 27% | added | |
| 24 | LOW Lowe's Companies Inc | Consumer Cyclical | 1.8% | $3.9m | 136,010 | 21% | added |
| 25 | BNY Bank of New York Mellon Bank | Financial Services | 1.8% | $3.8m | 174,300 | -12% | reduced |
| 26 | HSN Inc | 1.7% | $3.7m | 91,617 | -24% | reduced | |
| 27 | TEL TE Connectivity Ltd | Technology | 1.7% | $3.5m | 110,703 | -31% | reduced |
| 28 | WWD Woodward Inc | Industrials | 1.5% | $3.2m | 81,279 | -14% | reduced |
| 29 | Symetra Financial Corporation | 1.4% | $3.0m | 234,810 | -36% | reduced | |
| 30 | WU Western Union Company | Financial Services | 1.0% | $2.1m | 122,535 | – | new |
| 31 | Spartech Corporation | 0.9% | $1.8m | 352,984 | -46% | reduced | |
| 32 | TFX Teleflex Incorporated | Healthcare | 0.8% | $1.7m | 27,767 | -73% | reduced |
| 33 | Global Cash Access Holdings | 0.7% | $1.6m | 219,470 | -65% | reduced | |
| 34 | EXP Eagle Materials Inc | Basic Materials | 0.7% | $1.5m | 40,073 | -47% | reduced |
| 35 | KMG Chemicals Inc | 0.6% | $1.4m | 71,739 | -26% | reduced | |
| 36 | Hallmark Financial Services In | 0.6% | $1.4m | 175,243 | -20% | reduced | |
| 37 | Crosstex Energy Inc | 0.6% | $1.3m | 95,795 | – | new | |
| 38 | FICO Fair Isaac Corp | Technology | 0.6% | $1.3m | 31,451 | -29% | reduced |
| 39 | IEX Idex Corp | Industrials | 0.6% | $1.3m | 33,035 | -60% | reduced |
| 40 | VCA Antech Inc | 0.6% | $1.3m | 57,510 | -27% | reduced | |
| 41 | Greif Inc | 0.6% | $1.2m | 27,090 | – | new | |
| 42 | International Speedway Corp-Cl | 0.5% | $1.2m | 44,353 | -23% | reduced | |
| 43 | FFBC First Financial Bancorp | Financial Services | 0.5% | $1.1m | 70,299 | -24% | reduced |
| 44 | SGU Star Gas Partners L.P | 0.5% | $1.1m | 257,700 | 15% | added | |
| 45 | BA Boeing Co | Industrials | 0.5% | $1.1m | 14,150 | -12% | reduced |
| 46 | Accenture plc | 0.5% | $1.1m | 17,470 | -14% | reduced | |
| 47 | Avon Product Inc | 0.5% | $1.0m | 61,685 | – | new | |
| 48 | WMT Wal-Mart Stores Inc | Consumer Defensive | 0.5% | $1.0m | 14,350 | -65% | reduced |
| 49 | Johnson Controls Inc | 0.4% | $939.0k | 33,875 | – | new | |
| 50 | W.P Carey & Co. LLC | 0.4% | $914.0k | 19,865 | -28% | 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.