Cove Street Capital 13F holdings, Q3 2017
Holdings as of September 30, 2017 · filings on SEC EDGAR · latest filing →
Cove Street Capital disclosed 108 US equity positions worth $1.3bn in its Q3 2017 13F filing. The largest position was Wesco Aircraft Holdings Inc at 6.0% of the reported book, followed by VSAT and TIGO. Against the Q2 2017 filing, it opened 2 new positions, added to 23 and reduced 22 among the top 50 holdings.
What did Cove Street Capital own in Q3 2017? Top 50 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q2 2017 |
|---|---|---|---|---|---|---|---|
| 1 | Wesco Aircraft Holdings Inc | 6.0% | $78.1m | 4,666,870 | 7% | added | |
| 2 | VSAT ViaSat Inc | Technology | 5.9% | $76.7m | 673,010 | 2% | added |
| 3 | TIGO Millicom International Cellular | Communication Services | 5.6% | $72.6m | 621,198 | -4% | reduced |
| 4 | Heritage-Crystal Clean Inc | 5.0% | $65.0m | 1,679,521 | -25% | reduced | |
| 5 | Avid Technology Inc | 4.2% | $54.2m | 6,791,458 | 11% | added | |
| 6 | GP Strategies Corp | 4.0% | $52.2m | 999,401 | 1% | added | |
| 7 | GTT Communications Inc | 3.6% | $46.4m | 811,310 | 202% | added | |
| 8 | E.W. Scripps Company | 3.6% | $46.3m | 2,421,900 | 77% | added | |
| 9 | TGNA TEGNA Inc | 3.5% | $44.9m | 3,364,823 | 72% | added | |
| 10 | AVD American Vanguard Corp | Basic Materials | 3.5% | $44.7m | 1,121,898 | -5% | reduced |
| 11 | CMP Compass Minerals International | Basic Materials | 3.1% | $40.5m | 355,044 | -23% | reduced |
| 12 | USG Corp | 3.0% | $39.3m | 678,509 | 10% | added | |
| 13 | CSW CSW Industrials Inc | Industrials | 2.9% | $37.5m | 479,975 | -3% | reduced |
| 14 | SBH Sally Beauty Holdings Inc | Consumer Cyclical | 2.8% | $35.9m | 1,020,624 | -4% | reduced |
| 15 | Hallmark Financial Services Inc | 2.7% | $35.1m | 1,815,683 | 1% | added | |
| 16 | TUP Tupperware Brands Corp | 2.3% | $29.7m | 277,181 | 14% | added | |
| 17 | UFPT UFP Technologies Inc | Healthcare | 2.2% | $28.2m | 577,980 | 1% | added |
| 18 | Belmond Ltd | 2.1% | $26.6m | 1,147,768 | 9% | added | |
| 19 | HP5A Equity Commonwealth | 2.0% | $26.4m | 503,950 | 10% | added | |
| 20 | INTL FCStone Inc | 2.0% | $25.9m | 399,872 | 271% | added | |
| 21 | Select Comfort Corp | 1.9% | $24.9m | 451,478 | -26% | reduced | |
| 22 | Actuant Corp Cl A | 1.9% | $24.0m | 560,001 | 261% | added | |
| 23 | Liberty Global Plc LiLac A | 1.5% | $19.2m | 497,963 | -56% | reduced | |
| 24 | Carrols Restaurant Group Inc | 1.5% | $18.8m | 1,729,153 | 8% | added | |
| 25 | Halyard Health Inc | 1.3% | $16.6m | 367,830 | -4% | reduced | |
| 26 | Capital Senior Living Corp | 1.3% | $16.3m | 1,299,816 | 767% | added | |
| 27 | WPX Energy Inc | 1.3% | $16.2m | 1,408,102 | -4% | reduced | |
| 28 | FMC FMC Corp | Basic Materials | 1.2% | $15.0m | 167,738 | -19% | reduced |
| 29 | Cherokee Inc | 1.0% | $12.5m | 2,546,697 | 3% | added | |
| 30 | Leucadia National Corp | 0.9% | $12.2m | 482,018 | -5% | reduced | |
| 31 | Dundee Corp CL A | 0.9% | $11.6m | 2,693,895 | 2% | added | |
| 32 | Great Elm Capital Group Inc | 0.8% | $10.7m | 1,992,783 | 0% | held | |
| 33 | Liberty Global Plc A | 0.8% | $10.0m | 295,930 | -7% | reduced | |
| 34 | Liberty Interactive Corp A | 0.8% | $9.7m | 413,412 | -3% | reduced | |
| 35 | JPM JPMorgan Chase & Company | Financial Services | 0.7% | $9.4m | 98,641 | -1% | reduced |
| 36 | KODK Eastman Kodak Company | Industrials | 0.7% | $9.3m | 722,798 | 21% | added |
| 37 | Level 3 Communications Inc | 0.7% | $9.3m | 174,083 | 1258% | added | |
| 38 | GE General Electric Company | Industrials | 0.7% | $9.0m | 373,700 | – | new |
| 39 | NOVT Novanta Inc | Technology | 0.6% | $8.2m | 188,405 | -33% | reduced |
| 40 | CSCO Cisco Systems Inc | Technology | 0.6% | $8.0m | 236,500 | 14% | added |
| 41 | Tesco Plc | 0.6% | $7.2m | 952,045 | -22% | reduced | |
| 42 | COF Capital One Financial Corp | Financial Services | 0.5% | $6.8m | 80,870 | -9% | reduced |
| 43 | BNY The Bank of New York Mellon Co | Financial Services | 0.5% | $6.7m | 126,915 | 0% | held |
| 44 | EVINE Live Inc | 0.5% | $6.4m | 6,140,879 | -5% | reduced | |
| 45 | AKAM Akamai Technologies Inc | Technology | 0.5% | $6.4m | 130,763 | -4% | reduced |
| 46 | Alleghany Corp | 0.5% | $6.1m | 11,063 | 4% | added | |
| 47 | JCI Johnson Controls International | Industrials | 0.4% | $4.8m | 119,060 | -44% | reduced |
| 48 | TEL TE Connectivity Ltd | Technology | 0.3% | $4.4m | 53,316 | -5% | reduced |
| 49 | AIG American International Group Inc | Financial Services | 0.3% | $3.9m | 64,200 | – | new |
| 50 | MAM Software Group Inc | 0.3% | $3.8m | 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.