Cove Street Capital 13F holdings, Q4 2012
Holdings as of December 31, 2012 · filings on SEC EDGAR · latest filing →
Cove Street Capital disclosed 52 US equity positions worth $215.4m in its Q4 2012 13F filing. The largest position was White Mountains Insurance Grou at 5.3% of the reported book, followed by RVTY and Alleghany Corp. Against the Q3 2012 filing, it opened 5 new positions, added to 9 and reduced 31 among the top 50 holdings.
What did Cove Street Capital own in Q4 2012? Top 50 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q3 2012 |
|---|---|---|---|---|---|---|---|
| 1 | White Mountains Insurance Grou | 5.3% | $11.5m | 22,330 | -3% | reduced | |
| 2 | RVTY Perkinelmer Inc | Healthcare | 5.0% | $10.8m | 341,637 | -16% | reduced |
| 3 | Alleghany Corp | 4.9% | $10.7m | 31,771 | -8% | reduced | |
| 4 | Approach Resources Inc | 4.5% | $9.6m | 385,054 | 45% | added | |
| 5 | WU Western Union Co | Financial Services | 4.4% | $9.4m | 693,760 | 72% | added |
| 6 | CENTA Central Garden & Pet Co | Consumer Defensive | 4.0% | $8.7m | 828,285 | -15% | reduced |
| 7 | AIG American International Group I | Financial Services | 3.9% | $8.4m | 237,495 | -1% | reduced |
| 8 | JPM JP Morgan Chase & Co | Financial Services | 3.8% | $8.3m | 188,082 | -13% | reduced |
| 9 | COF Capital One Financial Corp | Financial Services | 3.8% | $8.3m | 142,645 | -1% | reduced |
| 10 | L Loews Corp | Financial Services | 3.8% | $8.2m | 201,980 | -6% | reduced |
| 11 | Liberty Interactive Corp | 3.7% | $8.1m | 409,695 | -5% | reduced | |
| 12 | NeuStar Inc | 2.9% | $6.2m | 147,558 | -15% | reduced | |
| 13 | CLGX CoreLogic, Inc | 2.8% | $6.1m | 225,664 | -3% | reduced | |
| 14 | LYV Live Nation Entertainment Inc | Communication Services | 2.7% | $5.8m | 622,933 | – | new |
| 15 | Sealed Air Corp | 2.5% | $5.4m | 308,034 | -7% | reduced | |
| 16 | Covidien Plc. Ordinary Shares | 2.4% | $5.1m | 87,888 | -9% | reduced | |
| 17 | Liberty Media Cap | 2.2% | $4.8m | 41,645 | – | new | |
| 18 | Crosstex Energy Inc | 2.2% | $4.8m | 336,536 | 183% | added | |
| 19 | Pmc-Sierra Inc | 2.2% | $4.7m | 900,125 | -7% | reduced | |
| 20 | SEIC SEI Investments Co | Financial Services | 2.2% | $4.7m | 199,632 | -9% | reduced |
| 21 | BNY Bank Of New York Mellon Corp C | Financial Services | 2.1% | $4.5m | 175,150 | 0% | held |
| 22 | Tessera Technologies Inc | 2.0% | $4.4m | 267,551 | 63% | added | |
| 23 | Pioneer Natural Resources Co C | 2.0% | $4.4m | 41,270 | -5% | reduced | |
| 24 | Jefferies Group Inc | 1.9% | $4.2m | 226,050 | -24% | reduced | |
| 25 | LOW Lowe's Companies Inc | Consumer Cyclical | 1.9% | $4.0m | 112,210 | -19% | reduced |
| 26 | EFX Equifax Inc | Industrials | 1.8% | $4.0m | 73,145 | -7% | reduced |
| 27 | TEL TE Connectivity Ltd | Technology | 1.8% | $3.9m | 105,459 | -4% | reduced |
| 28 | Hewlett Packard Co | 1.8% | $3.9m | 273,820 | 88% | added | |
| 29 | STT State Street Corp | Financial Services | 1.7% | $3.7m | 77,680 | -13% | reduced |
| 30 | Chesapeake Energy Corp | 1.4% | $3.0m | 182,228 | -19% | reduced | |
| 31 | Hallmark Finl Svcs New | 0.7% | $1.6m | 167,506 | -5% | reduced | |
| 32 | Coinstar Inc | 0.7% | $1.5m | 29,787 | -4% | reduced | |
| 33 | Johnson Controls Inc | 0.7% | $1.5m | 47,875 | 0% | held | |
| 34 | Greif Inc | 0.6% | $1.4m | 27,995 | 5% | added | |
| 35 | Avid Technology Inc | 0.6% | $1.3m | 173,004 | 350% | added | |
| 36 | Symetra Financial Inc | 0.6% | $1.3m | 100,519 | -55% | reduced | |
| 37 | IEX Idex Corp | Industrials | 0.6% | $1.3m | 28,017 | -12% | reduced |
| 38 | Global Cash Access Llc | 0.6% | $1.3m | 166,378 | -18% | reduced | |
| 39 | Cherokee Inc New | 0.6% | $1.2m | 90,444 | -0% | held | |
| 40 | Intl Speedway | 0.6% | $1.2m | 44,212 | -4% | reduced | |
| 41 | Ruby Tuesday Inc | 0.6% | $1.2m | 154,655 | – | new | |
| 42 | TFX Teleflex Incorporated | Healthcare | 0.6% | $1.2m | 17,037 | -25% | reduced |
| 43 | GLW Corning Inc | Technology | 0.5% | $1.2m | 92,850 | – | new |
| 44 | FICO Fair Isaac Inc | Technology | 0.5% | $1.1m | 26,752 | -12% | reduced |
| 45 | Avon Products Inc | 0.5% | $1.1m | 77,385 | 0% | held | |
| 46 | Hsn Inc | 0.5% | $1.1m | 19,653 | -37% | reduced | |
| 47 | FFBC First Finl Bancorp Ohio | Financial Services | 0.5% | $1.1m | 72,907 | 6% | added |
| 48 | BA Boeing Co | Industrials | 0.5% | $1.1m | 14,150 | 0% | held |
| 49 | Bed Bath & Beyond Inc | 0.5% | $1.0m | 17,900 | – | new | |
| 50 | Westell Tech Inc | 0.5% | $995.0k | 537,680 | 37% | added |
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.