Cove Street Capital 13F holdings, Q3 2015
Holdings as of September 30, 2015 · filings on SEC EDGAR · latest filing →
Cove Street Capital disclosed 112 US equity positions worth $754.5m in its Q3 2015 13F filing. The largest position was VSAT at 5.4% of the reported book, followed by Carrols Restaurant Group Inc and FOR. Against the Q2 2015 filing, it opened 6 new positions, added to 14 and reduced 26 among the top 50 holdings.
What did Cove Street Capital own in Q3 2015? Top 50 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q2 2015 |
|---|---|---|---|---|---|---|---|
| 1 | VSAT ViaSat Inc | Technology | 5.4% | $40.8m | 634,858 | 1% | added |
| 2 | Carrols Restaurant Group Inc | 5.2% | $39.5m | 3,317,116 | -9% | reduced | |
| 3 | FOR Forestar Group Inc | 4.5% | $34.3m | 2,604,787 | 12% | added | |
| 4 | Belmond LTD | 3.9% | $29.4m | 2,908,803 | -5% | reduced | |
| 5 | FMC FMC Corp | Basic Materials | 3.8% | $28.9m | 851,065 | – | new |
| 6 | Xura Inc | 2.9% | $21.7m | 968,768 | – | new | |
| 7 | NeuStar Inc | 2.7% | $20.6m | 755,408 | -29% | reduced | |
| 8 | Heritage-Crystal Clean Inc | 2.6% | $19.5m | 1,900,819 | -1% | reduced | |
| 9 | GP Strategies Corp | 2.3% | $17.6m | 772,713 | 94% | added | |
| 10 | Hallmark Financial Services In | 2.3% | $17.2m | 1,499,910 | -1% | reduced | |
| 11 | AVD American Vanguard Corp | Basic Materials | 2.2% | $16.8m | 1,450,328 | -5% | reduced |
| 12 | Liberty Ventures Srs A | 2.2% | $16.7m | 415,047 | -47% | reduced | |
| 13 | Francesca's Holdings Corp | 2.1% | $16.1m | 1,320,145 | 22% | added | |
| 14 | Avid Technology Inc | 2.0% | $15.2m | 1,915,845 | 182% | added | |
| 15 | GSI Group Inc | 2.0% | $15.1m | 1,187,136 | -1% | reduced | |
| 16 | EVINE Live Inc | 1.9% | $14.5m | 5,539,976 | 23% | added | |
| 17 | TIGO Millicom International Cellula | Communication Services | 1.8% | $13.4m | 213,990 | 369% | added |
| 18 | HP5A Equity Commonwealth | 1.7% | $12.8m | 469,415 | -21% | reduced | |
| 19 | HRG Group Inc | 1.7% | $12.7m | 1,084,950 | 2% | added | |
| 20 | Liberty Global PLC LiLac - A | 1.7% | $12.6m | 372,738 | – | new | |
| 21 | Cherokee Inc | 1.6% | $12.4m | 796,652 | 36% | added | |
| 22 | PRKS SeaWorld Entertainment Inc | Consumer Cyclical | 1.6% | $12.2m | 683,720 | 2% | added |
| 23 | ANIK Anika Therapeutics Inc | Healthcare | 1.6% | $11.8m | 370,441 | 16% | added |
| 24 | Leucadia National Corp | 1.5% | $11.4m | 562,685 | -18% | reduced | |
| 25 | AIG American International Group I | Financial Services | 1.4% | $10.9m | 191,100 | -7% | reduced |
| 26 | TUP Tupperware Brands Corp | 1.4% | $10.7m | 216,280 | – | new | |
| 27 | Halyard Health Inc | 1.4% | $10.6m | 372,548 | 41% | added | |
| 28 | Level 3 Communications Inc | 1.4% | $10.6m | 242,275 | 0% | held | |
| 29 | JPM JPMorgan Chase & Co | Financial Services | 1.4% | $10.5m | 172,408 | -7% | reduced |
| 30 | DreamWorks Animation SKG | 1.3% | $10.1m | 581,027 | -9% | reduced | |
| 31 | Dundee Corp - CL A | 1.3% | $10.0m | 1,539,685 | 251% | added | |
| 32 | Baldwin & Lyons Inc | 1.3% | $9.9m | 456,992 | -0% | held | |
| 33 | COF Capital One Financial Corp | Financial Services | 1.3% | $9.6m | 132,370 | -4% | reduced |
| 34 | IBM International Business Machine | Technology | 1.3% | $9.6m | 65,885 | -4% | reduced |
| 35 | FELE Franklin Electric Co Inc | Industrials | 1.3% | $9.5m | 350,105 | – | new |
| 36 | Tesco Plc | 1.2% | $9.2m | 1,106,645 | -1% | reduced | |
| 37 | Actuant Corp Cl A | 1.2% | $9.2m | 500,318 | -1% | reduced | |
| 38 | Liberty Global PLC - A | 1.2% | $8.8m | 205,000 | 78% | added | |
| 39 | Johnson Controls Inc | 1.2% | $8.7m | 211,075 | -2% | reduced | |
| 40 | Hertz Global Holdings Inc | 1.1% | $8.2m | 487,885 | 0% | held | |
| 41 | Westell Technologies Inc-A | 1.0% | $7.9m | 6,931,522 | 0% | held | |
| 42 | Liberty Interactive Corp - A | 1.0% | $7.5m | 285,390 | -6% | reduced | |
| 43 | Alleghany Corp | 0.9% | $7.0m | 14,943 | -4% | reduced | |
| 44 | GDEN Golden Entertainment Inc | 0.9% | $6.9m | 763,378 | – | new | |
| 45 | Approach Resources Inc | 0.8% | $6.3m | 3,386,754 | -4% | reduced | |
| 46 | WPX Energy Inc | 0.8% | $6.1m | 926,622 | -10% | reduced | |
| 47 | EFX Equifax Inc | Industrials | 0.8% | $6.0m | 61,765 | -7% | reduced |
| 48 | TEL TE Connectivity LTD | Technology | 0.7% | $5.2m | 86,284 | -4% | reduced |
| 49 | White Mountains Insurance Grou | 0.7% | $5.0m | 6,627 | -70% | reduced | |
| 50 | BNY The Bank of New York Mellon Co | Financial Services | 0.6% | $4.8m | 122,965 | -23% | 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.