Cove Street Capital 13F holdings, Q1 2015
Holdings as of March 31, 2015 · filings on SEC EDGAR · latest filing →
Cove Street Capital disclosed 114 US equity positions worth $762.5m in its Q1 2015 13F filing. The largest position was NeuStar Inc at 5.2% of the reported book, followed by Belmond LTD and FOR. Against the Q4 2014 filing, it opened 8 new positions, added to 30 and reduced 11 among the top 50 holdings.
What did Cove Street Capital own in Q1 2015? Top 50 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q4 2014 |
|---|---|---|---|---|---|---|---|
| 1 | NeuStar Inc | 5.2% | $39.3m | 1,595,898 | 321% | added | |
| 2 | Belmond LTD | 4.6% | $35.3m | 2,874,200 | 155% | added | |
| 3 | FOR Forestar Group Inc | 4.5% | $34.5m | 2,185,093 | 4% | added | |
| 4 | Carrols Restaurant Group Inc | 3.7% | $27.9m | 3,370,242 | 21% | added | |
| 5 | Chimera Investment Corporation | 3.2% | $24.3m | 7,728,305 | – | new | |
| 6 | Approach Resources Inc | 3.0% | $23.1m | 3,507,647 | 14% | added | |
| 7 | Liberty Ventures Srs A | 3.0% | $23.0m | 548,514 | 5% | added | |
| 8 | VSAT ViaSat Inc | Technology | 3.0% | $22.7m | 380,929 | 47% | added |
| 9 | Heritage-Crystal Clean Inc | 2.9% | $21.9m | 1,875,952 | 18% | added | |
| 10 | DreamWorks Animation SKG | 2.8% | $21.3m | 878,807 | – | new | |
| 11 | Remy International Inc | 2.5% | $19.3m | 867,363 | – | new | |
| 12 | Hallmark Financial Services In | 2.0% | $15.2m | 1,433,004 | 19% | added | |
| 13 | AVD American Vanguard Corp | Basic Materials | 2.0% | $14.9m | 1,404,595 | 6% | added |
| 14 | GSI Group Inc | 1.9% | $14.8m | 1,110,618 | 3% | added | |
| 15 | White Mountains Insurance Grou | 1.9% | $14.8m | 21,564 | 2% | added | |
| 16 | Cherokee Inc | 1.9% | $14.5m | 742,085 | 1% | added | |
| 17 | Level 3 Communications Inc | 1.8% | $13.8m | 256,575 | -9% | reduced | |
| 18 | Comverse Inc | 1.8% | $13.8m | 700,095 | 21% | added | |
| 19 | Francesca's Holdings Corporati | 1.7% | $12.9m | 725,275 | 57% | added | |
| 20 | OM Group Inc | 1.7% | $12.7m | 421,660 | 5% | added | |
| 21 | GP Strategies Corp | 1.6% | $12.2m | 330,292 | -7% | reduced | |
| 22 | Avid Technology Inc | 1.6% | $12.2m | 815,922 | -10% | reduced | |
| 23 | PRKS SeaWorld Entertainment Inc | Consumer Cyclical | 1.6% | $12.1m | 626,714 | 4% | added |
| 24 | Leucadia National Corporation | 1.6% | $12.0m | 536,977 | 15% | added | |
| 25 | Johnson Controls Inc | 1.6% | $11.9m | 235,350 | -5% | reduced | |
| 26 | JPM JPMorgan Chase & Co | Financial Services | 1.5% | $11.7m | 192,358 | 1% | added |
| 27 | AIG American International Group I | Financial Services | 1.5% | $11.6m | 211,250 | -0% | held |
| 28 | Tesco Plc | 1.5% | $11.5m | 1,070,845 | 88% | added | |
| 29 | Halyard Health Inc | 1.5% | $11.4m | 232,566 | -9% | reduced | |
| 30 | Liberty Interactive Corp - A | 1.5% | $11.3m | 388,265 | 7% | added | |
| 31 | Symetra Financial Corporation | 1.5% | $11.3m | 482,809 | 8% | added | |
| 32 | COF Capital One Financial Corporat | Financial Services | 1.5% | $11.1m | 140,495 | 1% | added |
| 33 | IBM International Business Machine | Technology | 1.5% | $11.1m | 68,985 | – | new |
| 34 | Hertz Global Holdings Inc | 1.4% | $11.0m | 506,955 | 63% | added | |
| 35 | Actuant Corp Cl A | 1.4% | $10.6m | 445,948 | – | new | |
| 36 | Westell Technologies Inc-A | 1.2% | $9.2m | 7,041,518 | 3% | added | |
| 37 | Baldwin & Lyons Inc | 1.2% | $8.8m | 374,188 | 7% | added | |
| 38 | Alleghany Corporation | 1.0% | $7.7m | 15,828 | -1% | reduced | |
| 39 | E.W. Scripps Company | 0.9% | $6.9m | 242,220 | 24% | added | |
| 40 | INTL FCStone Inc | 0.9% | $6.9m | 231,231 | -61% | reduced | |
| 41 | GM General Motors Company | Consumer Cyclical | 0.9% | $6.7m | 179,734 | -2% | reduced |
| 42 | BNY The Bank of New York Mellon Co | Financial Services | 0.9% | $6.6m | 163,255 | -5% | reduced |
| 43 | TEL TE Connectivity LTD | Technology | 0.9% | $6.5m | 90,834 | -1% | reduced |
| 44 | Lakes Entertainment Inc | 0.8% | $6.3m | 735,007 | 4% | added | |
| 45 | EFX Equifax Inc | Industrials | 0.8% | $6.3m | 67,565 | -10% | reduced |
| 46 | Signature Group Holdings NEW | 0.8% | $6.1m | 991,987 | – | new | |
| 47 | WPX Energy Inc | 0.8% | $5.8m | 529,472 | – | new | |
| 48 | Liberty Broadband Series A | 0.6% | $4.6m | 81,912 | 21% | added | |
| 49 | Chemtura Corp | 0.6% | $4.3m | 157,788 | – | new | |
| 50 | HNRG Hallador Energy Company | Utilities | 0.5% | $4.0m | 341,482 | 279% | 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.