Cove Street Capital 13F holdings, Q1 2019
Holdings as of March 31, 2019 · filings on SEC EDGAR · latest filing →
Cove Street Capital disclosed 97 US equity positions worth $1.3bn in its Q1 2019 13F filing. The largest position was VSAT at 8.3% of the reported book, followed by TIGO and Avid Technology Inc. Against the Q4 2018 filing, it opened 0 new positions, added to 22 and reduced 25 among the top 50 holdings.
What did Cove Street Capital own in Q1 2019? Top 50 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q4 2018 |
|---|---|---|---|---|---|---|---|
| 1 | VSAT ViaSat Inc | Technology | 8.3% | $105.9m | 733,031 | -7% | reduced |
| 2 | TIGO Millicom International Cellula | Communication Services | 6.6% | $84.4m | 751,446 | -4% | reduced |
| 3 | Avid Technology Inc | 6.1% | $77.0m | 5,611,891 | -13% | reduced | |
| 4 | Heritage-Crystal Clean Inc | 4.8% | $60.4m | 1,210,128 | -5% | reduced | |
| 5 | TGNA TEGNA Inc | 4.5% | $57.0m | 2,153,542 | -31% | reduced | |
| 6 | GP Strategies Corp | 4.0% | $50.5m | 2,297,922 | 4% | added | |
| 7 | Colfax Corp | 3.8% | $48.5m | 913,925 | 2% | added | |
| 8 | UFPT UFP Technologies Inc | Healthcare | 3.8% | $48.2m | 720,344 | 1% | added |
| 9 | CMP Compass Minerals International | Basic Materials | 3.6% | $45.9m | 843,666 | -9% | reduced |
| 10 | Wesco Aircraft Holdings Inc | 3.2% | $41.0m | 2,524,112 | 10% | added | |
| 11 | INTL FCStone Inc | 3.1% | $39.3m | 568,838 | -4% | reduced | |
| 12 | E.W. Scripps Company | 2.9% | $36.3m | 933,327 | -52% | reduced | |
| 13 | DNOW NOW Inc | Industrials | 2.5% | $31.4m | 1,242,785 | -7% | reduced |
| 14 | Hallmark Financial Services In | 2.5% | $31.4m | 1,685,981 | 1% | added | |
| 15 | CSW CSW Industrials Inc | Industrials | 2.5% | $31.3m | 302,124 | -7% | reduced |
| 16 | AVD American Vanguard Corp | Basic Materials | 2.4% | $29.9m | 978,161 | -5% | reduced |
| 17 | Macquarie Infrastructure Corp | 2.3% | $29.4m | 401,080 | -3% | reduced | |
| 18 | Patterson Companies Inc | 2.3% | $29.2m | 743,737 | -6% | reduced | |
| 19 | Actuant Corp Cl A | 2.2% | $27.6m | 636,115 | -6% | reduced | |
| 20 | Smart & Final Stores Inc | 2.2% | $27.4m | 3,055,467 | 4% | added | |
| 21 | SPB Spectrum Brands Holdings Inc | Consumer Defensive | 2.1% | $26.3m | 480,185 | -3% | reduced |
| 22 | YELP Yelp Inc | Communication Services | 2.0% | $26.0m | 416,100 | -22% | reduced |
| 23 | Capital Senior Living Corp | 1.8% | $22.5m | 3,137,584 | 20% | added | |
| 24 | TUP Tupperware Brands Corp | 1.6% | $20.4m | 440,064 | -6% | reduced | |
| 25 | HP5A Equity Commonwealth | 1.6% | $20.3m | 360,800 | 19% | added | |
| 26 | GTT Communications Inc | 1.4% | $17.2m | 496,708 | -32% | reduced | |
| 27 | Carrols Restaurant Group Inc | 1.2% | $15.6m | 880,357 | -8% | reduced | |
| 28 | Axalta Coating Systems Ltd | 0.9% | $11.4m | 450,383 | 54% | added | |
| 29 | Liberty SiriusXM Group - A | 0.8% | $10.6m | 277,174 | 52% | added | |
| 30 | Alleghany Corp | 0.8% | $10.6m | 17,230 | -6% | reduced | |
| 31 | Great Elm Capital Group Inc | 0.7% | $8.8m | 1,523,899 | -0% | held | |
| 32 | HSIC Henry Schein Inc | Healthcare | 0.7% | $8.5m | 140,800 | 4% | added |
| 33 | MAM Software Group Inc | 0.6% | $8.0m | 939,335 | 2% | added | |
| 34 | DowDuPont Inc | 0.6% | $7.6m | 141,900 | 58% | added | |
| 35 | CenturyLink Inc | 0.6% | $7.6m | 629,840 | 24% | added | |
| 36 | JPM JPMorgan Chase & Company | Financial Services | 0.6% | $7.3m | 72,234 | -4% | reduced |
| 37 | AYI Acuity Brands Inc | Industrials | 0.5% | $6.8m | 56,515 | 74% | added |
| 38 | VIAB Viacom Inc New CL B | 0.5% | $6.3m | 225,513 | 25% | added | |
| 39 | BNY The Bank of New York Mellon Co | Financial Services | 0.5% | $6.0m | 119,715 | -19% | reduced |
| 40 | FMC FMC Corp | Basic Materials | 0.5% | $6.0m | 78,431 | 18% | added |
| 41 | QVCG Qurate Retail Inc | Consumer Cyclical | 0.4% | $5.7m | 357,473 | -8% | reduced |
| 42 | Cherokee Inc | 0.4% | $5.0m | 3,909,474 | 41% | added | |
| 43 | JEF Jefferies Financial Group Inc | Financial Services | 0.4% | $4.6m | 244,262 | -32% | reduced |
| 44 | MAT Mattel Inc | Consumer Cyclical | 0.3% | $4.2m | 323,000 | 95% | added |
| 45 | EVINE Live Inc | 0.3% | $4.1m | 5,085,511 | -6% | reduced | |
| 46 | Liberty Global Plc A | 0.3% | $4.0m | 160,565 | 6% | added | |
| 47 | GE General Electric Company | Industrials | 0.3% | $3.7m | 369,500 | 27% | added |
| 48 | TEL TE Connectivity Ltd | Technology | 0.2% | $3.1m | 38,060 | -0% | held |
| 49 | ITRN Ituran Location and Control Lt | Technology | 0.2% | $2.7m | 79,678 | 77% | 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.