Cove Street Capital 13F holdings, Q4 2013
Holdings as of December 31, 2013 · filings on SEC EDGAR · latest filing →
Cove Street Capital disclosed 71 US equity positions worth $538.6m in its Q4 2013 13F filing. The largest position was FOR at 5.3% of the reported book, followed by Taminco Corp and GHC. Against the Q3 2013 filing, it opened 4 new positions, added to 26 and reduced 11 among the top 50 holdings.
What did Cove Street Capital own in Q4 2013? Top 50 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q3 2013 |
|---|---|---|---|---|---|---|---|
| 1 | FOR Forestar Group Inc | 5.3% | $28.4m | 1,334,478 | 47% | added | |
| 2 | Taminco Corp | 4.7% | $25.5m | 1,259,655 | – | new | |
| 3 | GHC Graham Holdings Company | Industrials | 4.3% | $23.2m | 34,928 | – | new |
| 4 | White Mountains Insurance Grou | 4.2% | $22.8m | 37,887 | 12% | added | |
| 5 | Approach Resources Inc | 4.2% | $22.5m | 1,164,291 | 9% | added | |
| 6 | Chimera Investment Corp | 4.0% | $21.3m | 6,863,330 | 1560% | added | |
| 7 | NeuStar Inc | 3.1% | $16.6m | 333,667 | 19% | added | |
| 8 | SPX Corp | 2.5% | $13.4m | 134,210 | -61% | reduced | |
| 9 | Heritage-Crystal Clean Inc | 2.5% | $13.4m | 652,339 | 11% | added | |
| 10 | Liberty Interactive Corp | 2.5% | $13.3m | 454,370 | -4% | reduced | |
| 11 | Remy International Inc | 2.4% | $13.0m | 556,784 | 0% | held | |
| 12 | PMC-Sierra Inc | 2.4% | $12.8m | 1,994,586 | 26% | added | |
| 13 | COF Capital One Financial Corp | Financial Services | 2.3% | $12.6m | 164,485 | -0% | held |
| 14 | AIG American International Group I | Financial Services | 2.2% | $12.1m | 236,595 | -1% | reduced |
| 15 | Alleghany Corp | 2.2% | $12.0m | 30,006 | 13% | added | |
| 16 | JPM JPMorgan Chase & Co | Financial Services | 2.1% | $11.5m | 196,673 | 1% | added |
| 17 | L Loews Corp | Financial Services | 2.1% | $11.5m | 237,376 | 1% | added |
| 18 | OXY Occidental Petroleum Corp | Energy | 1.9% | $10.5m | 110,330 | 248% | added |
| 19 | VeriFone Systems Inc | 1.9% | $10.1m | 376,705 | -0% | held | |
| 20 | Avid Technology Inc | 1.9% | $10.0m | 1,224,259 | -2% | reduced | |
| 21 | Global Cash Access Holdings In | 1.8% | $9.8m | 976,229 | -28% | reduced | |
| 22 | TGT Target Corp | Consumer Defensive | 1.7% | $9.4m | 148,966 | – | new |
| 23 | FICO Fair Isaac Corp | Technology | 1.6% | $8.5m | 134,728 | 0% | held |
| 24 | AZZ AZZ Inc | Industrials | 1.5% | $8.3m | 169,745 | -9% | reduced |
| 25 | Orient-Express Hotels Ltd | 1.5% | $8.3m | 546,447 | -5% | reduced | |
| 26 | Emerald Oil Inc | 1.5% | $8.2m | 1,071,922 | 3% | added | |
| 27 | HSN Inc | 1.5% | $8.1m | 130,602 | 8% | added | |
| 28 | TFX Teleflex Inc | Healthcare | 1.5% | $7.9m | 84,206 | 1% | added |
| 29 | Barnes & Noble Inc | 1.4% | $7.7m | 515,300 | 24% | added | |
| 30 | RG Barry Corp | 1.4% | $7.7m | 397,599 | 14% | added | |
| 31 | GP Strategies Corp | 1.4% | $7.6m | 256,157 | 0% | held | |
| 32 | Cherokee Inc | 1.4% | $7.6m | 549,668 | 2% | added | |
| 33 | Hallmark Financial Services In | 1.4% | $7.5m | 841,537 | 13% | added | |
| 34 | Symetra Financial Corp | 1.4% | $7.4m | 391,757 | 1% | added | |
| 35 | Johnson Controls Inc | 1.3% | $7.0m | 136,535 | -2% | reduced | |
| 36 | GSI Group Inc | 1.3% | $7.0m | 620,692 | -16% | reduced | |
| 37 | Covidien PLC | 1.3% | $6.7m | 99,057 | 2% | added | |
| 38 | BNY The Bank Of New York Mellon Co | Financial Services | 1.2% | $6.7m | 191,850 | 1% | added |
| 39 | GM General Motors Co | Consumer Cyclical | 1.2% | $6.5m | 159,435 | 2% | added |
| 40 | TEL TE Connectivity Ltd | Technology | 1.1% | $6.2m | 111,699 | 1% | added |
| 41 | Liberty Media Corp | 1.1% | $5.9m | 40,295 | 0% | held | |
| 42 | Westell Technologies Inc | 1.1% | $5.8m | 1,440,489 | -29% | reduced | |
| 43 | Chesapeake Energy Corp | 1.0% | $5.6m | 205,508 | 0% | held | |
| 44 | Greif B Inc | 1.0% | $5.5m | 94,191 | 9% | added | |
| 45 | Leucadia National Corp | 1.0% | $5.5m | 194,580 | 1% | added | |
| 46 | EFX Equifax Inc | Industrials | 1.0% | $5.5m | 79,195 | -1% | reduced |
| 47 | Signature Group Holdings Inc | 1.0% | $5.4m | 500,233 | – | new | |
| 48 | Apco Oil and Gas International | 0.8% | $4.2m | 270,075 | 7% | added | |
| 49 | STT State Street Corp | Financial Services | 0.4% | $2.2m | 30,650 | 0% | held |
| 50 | GEF Greif Inc | Consumer Cyclical | 0.3% | $1.8m | 34,263 | 0% | held |
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.