Cove Street Capital 13F holdings, Q2 2017
Holdings as of June 30, 2017 · filings on SEC EDGAR · latest filing →
Cove Street Capital disclosed 90 US equity positions worth $1.2bn in its Q2 2017 13F filing. The largest position was Wesco Aircraft Holdings Inc at 6.9% of the reported book, followed by VSAT and TIGO. Against the Q1 2017 filing, it opened 6 new positions, added to 9 and reduced 34 among the top 50 holdings.
What did Cove Street Capital own in Q2 2017? Top 50 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q1 2017 |
|---|---|---|---|---|---|---|---|
| 1 | Wesco Aircraft Holdings Inc | 6.9% | $85.1m | 4,375,845 | 147% | added | |
| 2 | VSAT ViaSat Inc | Technology | 6.3% | $77.5m | 661,698 | -8% | reduced |
| 3 | TIGO Millicom International Cellula | Communication Services | 5.5% | $67.3m | 648,040 | -9% | reduced |
| 4 | Heritage-Crystal Clean Inc | 5.1% | $62.7m | 2,242,215 | -15% | reduced | |
| 5 | Avid Technology Inc | 4.5% | $55.6m | 6,105,539 | 9% | added | |
| 6 | CMP Compass Minerals International | Basic Materials | 4.1% | $50.6m | 462,309 | -3% | reduced |
| 7 | TGNA TEGNA Inc | 3.8% | $46.9m | 1,951,981 | 51% | added | |
| 8 | GP Strategies Corp | 3.6% | $44.1m | 989,268 | -15% | reduced | |
| 9 | Liberty Global Plc LiLac A | 3.4% | $42.0m | 1,139,666 | -44% | reduced | |
| 10 | E.W. Scripps Co | 3.4% | $41.8m | 1,367,615 | 77% | added | |
| 11 | Select Comfort Corp | 3.1% | $38.0m | 610,772 | -65% | reduced | |
| 12 | SBH Sally Beauty Holdings Inc | Consumer Cyclical | 3.1% | $37.7m | 1,065,569 | -4% | reduced |
| 13 | AVD American Vanguard Corp | Basic Materials | 2.8% | $33.9m | 1,175,118 | -13% | reduced |
| 14 | Carrols Restaurant Group Inc | 2.7% | $33.8m | 1,602,513 | -24% | reduced | |
| 15 | Hallmark Financial Services In | 2.7% | $33.8m | 1,800,118 | -14% | reduced | |
| 16 | CSW CSW Industrials Inc | Industrials | 2.7% | $33.0m | 497,190 | -17% | reduced |
| 17 | USG Corp | 2.6% | $31.5m | 619,187 | -16% | reduced | |
| 18 | TUP Tupperware Brands Corp | 2.3% | $28.4m | 243,952 | -20% | reduced | |
| 19 | HP5A Equity Commonwealth | 1.9% | $23.9m | 460,021 | -19% | reduced | |
| 20 | Belmond Ltd | 1.9% | $23.5m | 1,057,500 | -18% | reduced | |
| 21 | NOVT Novanta Inc | Technology | 1.4% | $17.3m | 281,288 | -62% | reduced |
| 22 | Cherokee Inc | 1.4% | $17.1m | 2,467,515 | -4% | reduced | |
| 23 | UFPT UFP Technologies Inc | Healthcare | 1.3% | $16.2m | 572,495 | -13% | reduced |
| 24 | FMC FMC Corp | Basic Materials | 1.2% | $15.1m | 206,649 | -68% | reduced |
| 25 | Halyard Health Inc | 1.2% | $15.0m | 382,315 | -27% | reduced | |
| 26 | WPX Energy Inc | 1.2% | $14.2m | 1,470,907 | 105% | added | |
| 27 | Leucadia National Corp | 1.1% | $13.3m | 507,433 | -1% | reduced | |
| 28 | GTT Communications Inc | 1.0% | $12.4m | 268,785 | – | new | |
| 29 | EVINE Live Inc | 0.9% | $11.0m | 6,477,360 | -15% | reduced | |
| 30 | Liberty Interactive Corp A | 0.9% | $10.5m | 428,267 | -8% | reduced | |
| 31 | Great Elm Capital Group Inc | 0.8% | $10.2m | 1,992,783 | 9% | added | |
| 32 | Liberty Global Plc A | 0.8% | $10.2m | 317,630 | 14% | added | |
| 33 | ZBRA Zebra Technologies Corp CL A | Technology | 0.8% | $10.0m | 59,708 | -64% | reduced |
| 34 | Dundee Corp CL A | 0.8% | $9.6m | 2,638,910 | -13% | reduced | |
| 35 | KODK Eastman Kodak Co | Industrials | 0.8% | $9.4m | 598,465 | 1987% | added |
| 36 | JCI Johnson Controls International | Industrials | 0.8% | $9.3m | 214,223 | -2% | reduced |
| 37 | JPM JPMorgan Chase & Co | Financial Services | 0.7% | $9.1m | 99,541 | -6% | reduced |
| 38 | Tesco Plc | 0.7% | $8.1m | 1,226,545 | -1% | reduced | |
| 39 | Centurylink Inc | 0.6% | $8.0m | 333,100 | – | new | |
| 40 | COF Capital One Financial Corp | Financial Services | 0.6% | $7.4m | 89,245 | -4% | reduced |
| 41 | AKAM Akamai Technologies Inc | Technology | 0.5% | $6.8m | 136,000 | – | new |
| 42 | Westell Technologies Inc A | 0.5% | $6.7m | 1,354,555 | – | new | |
| 43 | CSCO Cisco Systems Inc | Technology | 0.5% | $6.5m | 208,100 | 207% | added |
| 44 | BNY The Bank of New York Mellon Co | Financial Services | 0.5% | $6.5m | 126,715 | -1% | reduced |
| 45 | Alleghany Corp | 0.5% | $6.3m | 10,659 | -1% | reduced | |
| 46 | Actuant Corp Cl A | 0.5% | $6.0m | 155,020 | – | new | |
| 47 | WSM Williams-Sonoma Inc | Consumer Cyclical | 0.4% | $4.6m | 94,044 | -1% | reduced |
| 48 | TEL TE Connectivity Ltd | Technology | 0.4% | $4.4m | 55,992 | -12% | reduced |
| 49 | INTL FCStone Inc | 0.3% | $4.3m | 107,740 | – | new | |
| 50 | MAM Software Group Inc | 0.3% | $3.5m | 519,200 | 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.