Cove Street Capital 13F holdings, Q4 2017
Holdings as of December 31, 2017 · filings on SEC EDGAR · latest filing →
Cove Street Capital disclosed 107 US equity positions worth $1.4bn in its Q4 2017 13F filing. The largest position was VSAT at 7.5% of the reported book, followed by TGNA and E.W. Scripps Company. Against the Q3 2017 filing, it opened 4 new positions, added to 22 and reduced 18 among the top 50 holdings.
What did Cove Street Capital own in Q4 2017? Top 50 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q3 2017 |
|---|---|---|---|---|---|---|---|
| 1 | VSAT ViaSat Inc | Technology | 7.5% | $107.3m | 769,394 | 14% | added |
| 2 | TGNA TEGNA Inc | 6.6% | $93.6m | 3,596,668 | 7% | added | |
| 3 | E.W. Scripps Company | 6.3% | $90.5m | 3,136,990 | 30% | added | |
| 4 | TIGO Millicom International Cellular | Communication Services | 6.3% | $90.2m | 726,768 | 17% | added |
| 5 | GTT Communications Inc | 5.1% | $73.3m | 855,329 | 5% | added | |
| 6 | GP Strategies Corp | 4.3% | $62.1m | 1,501,243 | 50% | added | |
| 7 | Avid Technology Inc | 4.2% | $59.4m | 6,145,089 | -10% | reduced | |
| 8 | Heritage-Crystal Clean Inc | 4.1% | $58.5m | 1,479,806 | -12% | reduced | |
| 9 | Wesco Aircraft Holdings Inc | 2.7% | $38.6m | 5,211,427 | 12% | added | |
| 10 | WPX Energy Inc | 2.6% | $37.6m | 1,484,487 | 5% | added | |
| 11 | Carrols Restaurant Group Inc | 2.6% | $36.5m | 1,649,076 | -5% | reduced | |
| 12 | AVD American Vanguard Corp | Basic Materials | 2.5% | $35.4m | 1,001,739 | -11% | reduced |
| 13 | Capital Senior Living Corp | 2.4% | $34.4m | 1,453,945 | 12% | added | |
| 14 | CMP Compass Minerals International | Basic Materials | 2.4% | $33.6m | 259,980 | -27% | reduced |
| 15 | SBH Sally Beauty Holdings Inc | Consumer Cyclical | 2.3% | $33.1m | 1,011,183 | -1% | reduced |
| 16 | TUP Tupperware Brands Corp | 2.2% | $31.1m | 278,521 | 0% | held | |
| 17 | INTL FCStone Inc | 2.1% | $30.1m | 415,872 | 4% | added | |
| 18 | Halyard Health Inc | 2.1% | $29.5m | 359,465 | -2% | reduced | |
| 19 | HP5A Equity Commonwealth | 2.0% | $28.5m | 528,455 | 5% | added | |
| 20 | CSW CSW Industrials Inc | Industrials | 2.0% | $27.9m | 343,475 | -28% | reduced |
| 21 | Esterline Technologies Corp | 1.9% | $27.2m | 208,900 | – | new | |
| 22 | Belmond Ltd | 1.7% | $24.8m | 1,167,668 | 2% | added | |
| 23 | Actuant Corp Cl A | 1.7% | $24.3m | 553,511 | -1% | reduced | |
| 24 | USG Corp | 1.5% | $22.0m | 569,734 | -16% | reduced | |
| 25 | Hallmark Financial Services Inc | 1.3% | $18.1m | 1,731,878 | -5% | reduced | |
| 26 | Liberty Latin America CL A | 1.2% | $17.8m | 534,134 | – | new | |
| 27 | UFPT UFP Technologies Inc | Healthcare | 1.2% | $17.0m | 613,130 | 6% | added |
| 28 | EVINE Live Inc | 1.0% | $14.2m | 6,082,179 | -1% | reduced | |
| 29 | Leucadia National Corp | 0.9% | $12.8m | 482,018 | 0% | held | |
| 30 | Great Elm Capital Group Inc | 0.9% | $12.2m | 1,992,783 | 0% | held | |
| 31 | Liberty Global Plc A | 0.8% | $11.4m | 316,830 | 7% | added | |
| 32 | CenturyLink Inc | 0.8% | $10.8m | 645,082 | 761% | added | |
| 33 | Liberty Interactive Corp A | 0.7% | $10.1m | 414,712 | 0% | held | |
| 34 | JPM JPMorgan Chase & Company | Financial Services | 0.7% | $9.9m | 92,941 | -6% | reduced |
| 35 | Dundee Corp CL A | 0.7% | $9.7m | 2,854,695 | 6% | added | |
| 36 | FMC FMC Corp | Basic Materials | 0.6% | $9.1m | 96,533 | -42% | reduced |
| 37 | CSCO Cisco Systems Inc | Technology | 0.6% | $9.0m | 235,700 | -0% | held |
| 38 | KODK Eastman Kodak Company | Industrials | 0.5% | $7.5m | 1,347,825 | 86% | added |
| 39 | GE General Electric Company | Industrials | 0.5% | $7.5m | 430,300 | 15% | added |
| 40 | BNY The Bank of New York Mellon Corp | Financial Services | 0.5% | $6.9m | 127,615 | 1% | added |
| 41 | Alleghany Corp | 0.5% | $6.6m | 11,063 | 0% | held | |
| 42 | COF Capital One Financial Corp | Financial Services | 0.4% | $6.4m | 64,270 | -21% | reduced |
| 43 | AKAM Akamai Technologies Inc | Technology | 0.4% | $6.3m | 97,455 | -25% | reduced |
| 44 | Tesco Plc | 0.4% | $6.1m | 722,745 | -24% | reduced | |
| 45 | Cherokee Inc | 0.4% | $5.2m | 2,770,668 | 9% | added | |
| 46 | VIAB Viacom Inc New CL B | 0.3% | $4.9m | 157,641 | 2050% | added | |
| 47 | MAT Mattel Inc | Consumer Cyclical | 0.3% | $4.8m | 314,600 | – | new |
| 48 | TEL TE Connectivity Ltd | Technology | 0.3% | $4.8m | 50,616 | -5% | reduced |
| 49 | SNBRQ Sleep Number Corp | Consumer Cyclical | 0.3% | $4.7m | 126,140 | – | new |
| 50 | MAM Software Group Inc | 0.3% | $4.7m | 626,786 | 21% | added |
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.