Cove Street Capital 13F holdings, Q4 2015
Holdings as of December 31, 2015 · filings on SEC EDGAR · latest filing →
Cove Street Capital disclosed 110 US equity positions worth $759.5m in its Q4 2015 13F filing. The largest position was VSAT at 5.0% of the reported book, followed by Carrols Restaurant Group Inc and FMC. Against the Q3 2015 filing, it opened 2 new positions, added to 15 and reduced 30 among the top 50 holdings.
What did Cove Street Capital own in Q4 2015? Top 50 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q3 2015 |
|---|---|---|---|---|---|---|---|
| 1 | VSAT ViaSat Inc | Technology | 5.0% | $37.8m | 619,283 | -2% | reduced |
| 2 | Carrols Restaurant Group Inc | 4.9% | $37.5m | 3,189,952 | -4% | reduced | |
| 3 | FMC FMC Corp | Basic Materials | 4.7% | $35.3m | 902,700 | 6% | added |
| 4 | FOR Forestar Group Inc | 4.2% | $32.0m | 2,927,289 | 12% | added | |
| 5 | Heritage-Crystal Clean Inc | 2.9% | $22.2m | 2,094,135 | 10% | added | |
| 6 | Colfax Corp | 2.8% | $21.5m | 920,343 | – | new | |
| 7 | AVD American Vanguard Corp | Basic Materials | 2.5% | $19.0m | 1,352,823 | -7% | reduced |
| 8 | GP Strategies Corp | 2.5% | $18.9m | 751,840 | -3% | reduced | |
| 9 | Belmond LTD | 2.4% | $18.3m | 1,928,983 | -34% | reduced | |
| 10 | Hallmark Financial Services In | 2.3% | $17.7m | 1,512,911 | 1% | added | |
| 11 | Cherokee Inc | 2.3% | $17.2m | 999,023 | 25% | added | |
| 12 | USG Corp | 2.2% | $16.3m | 672,700 | – | new | |
| 13 | Avid Technology Inc | 2.1% | $15.8m | 2,162,539 | 13% | added | |
| 14 | NeuStar Inc | 2.1% | $15.7m | 653,098 | -14% | reduced | |
| 15 | Francesca's Holdings Corp | 2.1% | $15.6m | 896,305 | -32% | reduced | |
| 16 | GSI Group Inc | 2.1% | $15.6m | 1,144,600 | -4% | reduced | |
| 17 | Liberty Global PLC LiLac - A | 2.0% | $14.8m | 358,597 | -4% | reduced | |
| 18 | Xura Inc | 1.8% | $13.7m | 558,146 | -42% | reduced | |
| 19 | PRKS SeaWorld Entertainment Inc | Consumer Cyclical | 1.7% | $13.0m | 660,072 | -3% | reduced |
| 20 | Level 3 Communications Inc | 1.7% | $12.8m | 235,275 | -3% | reduced | |
| 21 | ANIK Anika Therapeutics Inc | Healthcare | 1.7% | $12.8m | 334,830 | -10% | reduced |
| 22 | HRG Group Inc | 1.7% | $12.6m | 926,240 | -15% | reduced | |
| 23 | TIGO Millicom International Cellula | Communication Services | 1.6% | $12.4m | 215,437 | 1% | added |
| 24 | HP5A Equity Commonwealth | 1.6% | $12.3m | 441,874 | -6% | reduced | |
| 25 | Liberty Ventures Srs A | 1.6% | $12.0m | 266,776 | -36% | reduced | |
| 26 | TUP Tupperware Brands Corp | 1.6% | $11.8m | 211,620 | -2% | reduced | |
| 27 | DreamWorks Animation SKG | 1.5% | $11.5m | 444,482 | -24% | reduced | |
| 28 | AIG American International Group I | Financial Services | 1.5% | $11.3m | 182,900 | -4% | reduced |
| 29 | Baldwin & Lyons Inc | 1.5% | $11.3m | 471,049 | 3% | added | |
| 30 | Halyard Health Inc | 1.5% | $11.3m | 338,333 | -9% | reduced | |
| 31 | Leucadia National Corp | 1.5% | $11.2m | 646,613 | 15% | added | |
| 32 | JPM JPMorgan Chase & Co | Financial Services | 1.5% | $11.2m | 169,408 | -2% | reduced |
| 33 | FELE Franklin Electric Co Inc | Industrials | 1.4% | $10.6m | 393,615 | 12% | added |
| 34 | Tesco Plc | 1.3% | $9.7m | 1,470,345 | 33% | added | |
| 35 | RAVN Raven Industries Inc | 1.3% | $9.7m | 619,922 | 151% | added | |
| 36 | EVINE Live Inc | 1.3% | $9.6m | 5,369,988 | -3% | reduced | |
| 37 | COF Capital One Financial Corp | Financial Services | 1.3% | $9.5m | 132,270 | -0% | held |
| 38 | Hertz Global Holdings Inc | 1.1% | $8.6m | 605,075 | 24% | added | |
| 39 | Westell Technologies Inc-A | 1.1% | $8.5m | 6,718,678 | -3% | reduced | |
| 40 | Johnson Controls Inc | 1.1% | $8.3m | 210,975 | -0% | held | |
| 41 | GDEN Golden Entertainment Inc | 1.0% | $7.7m | 755,133 | -1% | reduced | |
| 42 | Liberty Interactive Corp - A | 1.0% | $7.6m | 279,990 | -2% | reduced | |
| 43 | Alleghany Corp | 0.9% | $6.9m | 14,416 | -4% | reduced | |
| 44 | Dundee Corp - CL A | 0.9% | $6.5m | 1,955,510 | 27% | added | |
| 45 | EFX Equifax Inc | Industrials | 0.8% | $6.1m | 54,545 | -12% | reduced |
| 46 | Liberty Global PLC - A | 0.8% | $5.7m | 135,525 | -34% | reduced | |
| 47 | TEL TE Connectivity LTD | Technology | 0.7% | $5.6m | 86,784 | 1% | added |
| 48 | WPX Energy Inc | 0.7% | $5.3m | 927,267 | 0% | held | |
| 49 | Approach Resources Inc | 0.7% | $5.1m | 2,778,315 | -18% | reduced | |
| 50 | BNY The Bank of New York Mellon Co | Financial Services | 0.7% | $5.0m | 120,715 | -2% | 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.