Cove Street Capital 13F holdings, Q4 2018
Holdings as of December 31, 2018 · filings on SEC EDGAR · latest filing →
Cove Street Capital disclosed 100 US equity positions worth $1.2bn in its Q4 2018 13F filing. The largest position was TIGO at 7.5% of the reported book, followed by CMP and TGNA. Against the Q3 2018 filing, it opened 1 new position, added to 20 and reduced 25 among the top 50 holdings.
What did Cove Street Capital own in Q4 2018? Top 50 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q3 2018 |
|---|---|---|---|---|---|---|---|
| 1 | TIGO Millicom International Cellula | Communication Services | 7.5% | $92.4m | 783,653 | 7% | added |
| 2 | CMP Compass Minerals International | Basic Materials | 5.8% | $71.1m | 928,780 | 136% | added |
| 3 | TGNA TEGNA Inc | 5.3% | $64.7m | 3,107,360 | -18% | reduced | |
| 4 | E.W. Scripps Company | 4.8% | $58.4m | 1,956,107 | -37% | reduced | |
| 5 | Avid Technology Inc | 4.6% | $56.1m | 6,479,127 | 3% | added | |
| 6 | Heritage-Crystal Clean Inc | 4.4% | $53.5m | 1,273,234 | -1% | reduced | |
| 7 | GP Strategies Corp | 4.1% | $50.5m | 2,213,784 | 26% | added | |
| 8 | VSAT ViaSat Inc | Technology | 3.8% | $46.4m | 786,298 | -5% | reduced |
| 9 | INTL FCStone Inc | 3.2% | $38.7m | 590,316 | 12% | added | |
| 10 | UFPT UFP Technologies Inc | Healthcare | 3.1% | $38.3m | 712,864 | -0% | held |
| 11 | SPB Spectrum Brands Holdings Inc | Consumer Defensive | 2.9% | $35.7m | 493,425 | 104% | added |
| 12 | YELP Yelp Inc | Communication Services | 2.8% | $33.9m | 534,200 | – | new |
| 13 | Colfax Corp | 2.7% | $33.4m | 896,514 | 40% | added | |
| 14 | Wesco Aircraft Holdings Inc | 2.7% | $33.4m | 2,300,029 | 42% | added | |
| 15 | Capital Senior Living Corp | 2.7% | $32.7m | 2,611,038 | -2% | reduced | |
| 16 | Hallmark Financial Services In | 2.6% | $31.9m | 1,662,608 | -1% | reduced | |
| 17 | GTT Communications Inc | 2.6% | $31.7m | 733,047 | -8% | reduced | |
| 18 | CSW CSW Industrials Inc | Industrials | 2.3% | $28.7m | 325,324 | -4% | reduced |
| 19 | DNOW NOW Inc | Industrials | 2.3% | $28.3m | 1,334,185 | 7% | added |
| 20 | Patterson Companies Inc | 2.3% | $28.1m | 791,137 | 6% | added | |
| 21 | AVD American Vanguard Corp | Basic Materials | 2.3% | $28.0m | 1,032,718 | 7% | added |
| 22 | Macquarie Infrastructure Corp | 2.3% | $27.7m | 414,980 | -7% | reduced | |
| 23 | TUP Tupperware Brands Corp | 2.2% | $26.9m | 468,237 | -43% | reduced | |
| 24 | Actuant Corp Cl A | 2.1% | $25.6m | 678,065 | 57% | added | |
| 25 | Smart & Final Stores Inc | 2.1% | $25.3m | 2,950,667 | 38% | added | |
| 26 | Carrols Restaurant Group Inc | 1.4% | $16.9m | 958,063 | 3% | added | |
| 27 | Alleghany Corp | 0.9% | $11.4m | 18,324 | 1% | added | |
| 28 | HSIC Henry Schein Inc | Healthcare | 0.9% | $10.6m | 135,078 | 8% | added |
| 29 | Pandora Media Inc | 0.8% | $10.0m | 1,230,235 | -45% | reduced | |
| 30 | HP5A Equity Commonwealth | 0.7% | $9.1m | 302,200 | -18% | reduced | |
| 31 | CenturyLink Inc | 0.6% | $7.7m | 507,611 | 1% | added | |
| 32 | QVCG Qurate Retail Inc | Consumer Cyclical | 0.6% | $7.6m | 389,983 | -15% | reduced |
| 33 | JPM JPMorgan Chase & Company | Financial Services | 0.6% | $7.3m | 75,080 | -3% | reduced |
| 34 | MAM Software Group Inc | 0.6% | $7.3m | 919,335 | 0% | held | |
| 35 | Great Elm Capital Group Inc | 0.6% | $7.0m | 1,524,501 | 0% | held | |
| 36 | BNY The Bank of New York Mellon Co | Financial Services | 0.6% | $6.9m | 147,315 | -6% | reduced |
| 37 | Axalta Coating Systems Ltd | 0.6% | $6.9m | 293,167 | -23% | reduced | |
| 38 | Liberty SiriusXM Group - A | 0.5% | $6.7m | 182,767 | -28% | reduced | |
| 39 | JEF Jefferies Financial Group Inc | Financial Services | 0.5% | $6.2m | 357,958 | -18% | reduced |
| 40 | Belmond Ltd | 0.5% | $5.6m | 223,224 | -81% | reduced | |
| 41 | FMC FMC Corp | Basic Materials | 0.4% | $4.9m | 66,384 | -19% | reduced |
| 42 | DowDuPont Inc | 0.4% | $4.8m | 89,700 | 31% | added | |
| 43 | VIAB Viacom Inc New CL B | 0.4% | $4.7m | 181,040 | -9% | reduced | |
| 44 | AYI Acuity Brands Inc | Industrials | 0.3% | $3.7m | 32,524 | -40% | reduced |
| 45 | EVINE Live Inc | 0.3% | $3.7m | 5,404,184 | -2% | reduced | |
| 46 | Liberty Global Plc A | 0.3% | $3.2m | 151,065 | -46% | reduced | |
| 47 | TEL TE Connectivity Ltd | Technology | 0.2% | $2.9m | 38,191 | -16% | reduced |
| 48 | SGU Star Group L.P. | 0.2% | $2.6m | 276,150 | 11% | added | |
| 49 | Cherokee Inc | 0.2% | $2.5m | 2,769,324 | 9% | added | |
| 50 | Carbon Energy Corporation | 0.2% | $2.5m | 267,330 | 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.