Cove Street Capital 13F holdings, Q1 2017
Holdings as of March 31, 2017 · filings on SEC EDGAR · latest filing →
Cove Street Capital disclosed 86 US equity positions worth $1.4bn in its Q1 2017 13F filing. The largest position was FMC at 5.8% of the reported book, followed by Select Comfort Corp and Heritage-Crystal Clean Inc. Against the Q4 2016 filing, it opened 1 new position, added to 25 and reduced 21 among the top 50 holdings.
What did Cove Street Capital own in Q1 2017? Top 50 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q4 2016 |
|---|---|---|---|---|---|---|---|
| 1 | FMC FMC Corp | Basic Materials | 5.8% | $80.8m | 646,864 | -13% | reduced |
| 2 | Select Comfort Corp | 5.6% | $78.4m | 1,738,038 | 52% | added | |
| 3 | Heritage-Crystal Clean Inc | 4.6% | $64.5m | 2,625,595 | 4% | added | |
| 4 | TGNA TEGNA Inc | 4.3% | $59.5m | 1,289,781 | -25% | reduced | |
| 5 | CMP Compass Minerals International | Basic Materials | 4.2% | $58.3m | 477,709 | 60% | added |
| 6 | GP Strategies Corp | 3.7% | $51.1m | 1,162,841 | 3% | added | |
| 7 | Avid Technology Inc | 3.3% | $46.4m | 5,591,662 | 30% | added | |
| 8 | VSAT ViaSat Inc | Technology | 3.3% | $46.1m | 722,162 | 8% | added |
| 9 | Liberty Global Plc LiLac A | 3.2% | $45.2m | 2,034,533 | 7% | added | |
| 10 | USG Corp | 3.0% | $41.9m | 735,982 | -8% | reduced | |
| 11 | FOR Forestar Group Inc | 2.9% | $40.7m | 1,663,334 | -9% | reduced | |
| 12 | SBH Sally Beauty Holdings Inc | Consumer Cyclical | 2.9% | $40.6m | 1,108,669 | – | new |
| 13 | Cherokee Inc | 2.9% | $40.0m | 2,581,189 | 6% | added | |
| 14 | TIGO Millicom International Cellular S.A. | Communication Services | 2.9% | $39.9m | 713,467 | 5% | added |
| 15 | Hallmark Financial Services In | 2.9% | $39.8m | 2,104,819 | 1% | added | |
| 16 | AVD American Vanguard Corp | Basic Materials | 2.8% | $39.6m | 1,351,750 | 9% | added |
| 17 | CSW CSW Industrials Inc | Industrials | 2.8% | $38.6m | 596,290 | 1% | added |
| 18 | Halyard Health Inc | 2.5% | $35.1m | 523,315 | -22% | reduced | |
| 19 | NOVT Novanta Inc | Technology | 2.5% | $35.0m | 744,893 | -26% | reduced |
| 20 | Wesco Aircraft Holdings Inc | 2.5% | $34.5m | 1,774,711 | 46% | added | |
| 21 | TUP Tupperware Brands Corp | 2.4% | $33.0m | 305,105 | 8% | added | |
| 22 | UFPT UFP Technologies Inc | Healthcare | 2.2% | $30.2m | 659,223 | 49% | added |
| 23 | HP5A Equity Commonwealth | 2.2% | $30.2m | 565,921 | -0% | held | |
| 24 | Carrols Restaurant Group Inc | 2.1% | $29.9m | 2,112,512 | -9% | reduced | |
| 25 | Belmond LTD | 1.9% | $27.2m | 1,291,038 | -29% | reduced | |
| 26 | ZBRA Zebra Technologies Corp CL A | Technology | 1.9% | $26.3m | 165,713 | -29% | reduced |
| 27 | Liberty Formula One A | 1.5% | $21.2m | 402,308 | -46% | reduced | |
| 28 | E.W. Scripps Co | 1.3% | $18.1m | 774,285 | -33% | reduced | |
| 29 | WPX Energy Inc | 1.2% | $16.5m | 715,947 | -0% | held | |
| 30 | Dundee Corp CL A | 1.2% | $16.1m | 3,044,810 | 3% | added | |
| 31 | Leucadia National Corp | 0.9% | $13.3m | 510,212 | -17% | reduced | |
| 32 | Liberty Global Plc A | 0.7% | $10.0m | 279,800 | -2% | reduced | |
| 33 | EVINE Live Inc | 0.7% | $9.8m | 7,661,839 | 12% | added | |
| 34 | IBM International Business Machine | Technology | 0.7% | $9.5m | 54,500 | 97% | added |
| 35 | Liberty Interactive Corp A | 0.7% | $9.4m | 467,367 | 1% | added | |
| 36 | JPM JPMorgan Chase & Co | Financial Services | 0.7% | $9.3m | 105,631 | -6% | reduced |
| 37 | JCI Johnson Controls International | Industrials | 0.7% | $9.2m | 219,411 | 66% | added |
| 38 | Tesco Plc | 0.6% | $8.6m | 1,238,645 | 3% | added | |
| 39 | Westell Technologies Inc A | 0.6% | $8.4m | 7,112,664 | -1% | reduced | |
| 40 | COF Capital One Financial Corp | Financial Services | 0.6% | $8.1m | 92,945 | -13% | reduced |
| 41 | Alleghany Corp | 0.5% | $6.6m | 10,777 | -5% | reduced | |
| 42 | BNY The Bank of New York Mellon Co | Financial Services | 0.4% | $6.0m | 128,015 | 32% | added |
| 43 | Great Elm Capital Group Inc | 0.4% | $6.0m | 1,820,099 | 36% | added | |
| 44 | WSM Williams-Sonoma Inc | Consumer Cyclical | 0.4% | $5.1m | 94,744 | 11% | added |
| 45 | GDEN Golden Entertainment Inc | 0.4% | $4.9m | 284,122 | 9% | added | |
| 46 | TEL TE Connectivity LTD | Technology | 0.3% | $4.7m | 63,529 | -2% | reduced |
| 47 | Level 3 Communications Inc | 0.3% | $4.7m | 82,719 | -40% | reduced | |
| 48 | MAM Software Group Inc | 0.2% | $3.4m | 518,800 | 0% | held | |
| 49 | FELE Franklin Electric Co Inc | Industrials | 0.2% | $3.1m | 71,855 | -58% | reduced |
| 50 | Swatch Group AG | 0.2% | $3.0m | 164,800 | -51% | 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.