Cove Street Capital 13F holdings, Q2 2019
Holdings as of June 30, 2019 · filings on SEC EDGAR · latest filing →
Cove Street Capital disclosed 97 US equity positions worth $1.0bn in its Q2 2019 13F filing. The largest position was TIGO at 6.9% of the reported book, followed by CMP and VSAT. Against the Q1 2019 filing, it opened 6 new positions, added to 19 and reduced 21 among the top 50 holdings.
What did Cove Street Capital own in Q2 2019? Top 50 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q1 2019 |
|---|---|---|---|---|---|---|---|
| 1 | TIGO Millicom International Cellular | Communication Services | 6.9% | $72.0m | 834,255 | 11% | added |
| 2 | CMP Compass Minerals International | Basic Materials | 5.6% | $58.6m | 698,566 | -17% | reduced |
| 3 | VSAT ViaSat Inc | Technology | 5.5% | $56.9m | 459,689 | -37% | reduced |
| 4 | Colfax Corp | 5.2% | $54.0m | 1,311,070 | 43% | added | |
| 5 | GP Strategies Corp | 4.3% | $44.3m | 2,130,441 | -7% | reduced | |
| 6 | Wesco Aircraft Holdings Inc | 3.9% | $40.8m | 2,375,925 | -6% | reduced | |
| 7 | Heritage-Crystal Clean Inc | 3.9% | $40.2m | 1,023,946 | -15% | reduced | |
| 8 | Avid Technology Inc | 3.7% | $38.5m | 2,872,677 | -49% | reduced | |
| 9 | UFPT UFP Technologies Inc | Healthcare | 3.5% | $36.2m | 621,827 | -14% | reduced |
| 10 | SPB Spectrum Brands Holdings Inc | Consumer Defensive | 3.2% | $32.8m | 427,513 | -11% | reduced |
| 11 | Hallmark Financial Services Inc | 3.0% | $31.7m | 1,567,187 | -7% | reduced | |
| 12 | INTL FCStone Inc | 2.8% | $28.8m | 534,038 | -6% | reduced | |
| 13 | TGNA TEGNA Inc | 2.7% | $28.1m | 1,228,699 | -43% | reduced | |
| 14 | Macquarie Infrastructure Corp | 2.4% | $24.8m | 438,080 | 9% | added | |
| 15 | YELP Yelp Inc | Communication Services | 2.3% | $24.3m | 495,264 | 19% | added |
| 16 | Capital Senior Living Corp | 2.3% | $24.3m | 3,484,351 | 11% | added | |
| 17 | Patterson Companies Inc | 2.3% | $23.6m | 766,937 | 3% | added | |
| 18 | E.W. Scripps Company | 2.3% | $23.6m | 1,077,447 | 15% | added | |
| 19 | CSW CSW Industrials Inc | Industrials | 2.1% | $22.1m | 244,954 | -19% | reduced |
| 20 | Actuant Corp Cl A | 2.0% | $21.0m | 621,615 | -2% | reduced | |
| 21 | DNOW NOW Inc | Industrials | 2.0% | $20.3m | 1,018,985 | -18% | reduced |
| 22 | AVD American Vanguard Corp | Basic Materials | 1.9% | $19.3m | 919,261 | -6% | reduced |
| 23 | HP5A Equity Commonwealth | 1.8% | $18.9m | 447,940 | 24% | added | |
| 24 | CenturyLink Inc | 1.8% | $18.9m | 1,032,677 | 64% | added | |
| 25 | GTT Communications Inc | 1.3% | $13.6m | 569,927 | 15% | added | |
| 26 | Axalta Coating Systems Ltd | 1.3% | $13.5m | 452,427 | 0% | held | |
| 27 | Carrols Restaurant Group Inc | 1.2% | $12.7m | 984,232 | 12% | added | |
| 28 | TUP Tupperware Brands Corp | 1.2% | $12.0m | 468,659 | 6% | added | |
| 29 | Liberty SiriusXM Group - A | 1.1% | $11.5m | 305,257 | 10% | added | |
| 30 | Alleghany Corp | 1.1% | $11.2m | 16,390 | -5% | reduced | |
| 31 | MAM Software Group Inc | 1.0% | $10.5m | 1,038,710 | 11% | added | |
| 32 | MWA Mueller Water Products Inc A | Industrials | 1.0% | $10.3m | 733,581 | – | new |
| 33 | HSIC Henry Schein Inc | Healthcare | 0.9% | $9.2m | 130,989 | -7% | reduced |
| 34 | Great Elm Capital Group Inc | 0.9% | $9.1m | 1,584,779 | 4% | added | |
| 35 | SXI Standex International Corp | Industrials | 0.9% | $9.1m | 120,493 | – | new |
| 36 | JPM JPMorgan Chase & Company | Financial Services | 0.7% | $7.8m | 69,434 | -4% | reduced |
| 37 | AYI Acuity Brands Inc | Industrials | 0.7% | $7.8m | 56,198 | -1% | reduced |
| 38 | PAHC Phibro Animal Health Corp A | Healthcare | 0.7% | $7.0m | 221,856 | – | new |
| 39 | VIAB Viacom Inc New CL B | 0.7% | $6.8m | 228,172 | 1% | added | |
| 40 | FMC FMC Corp | Basic Materials | 0.6% | $6.6m | 79,433 | 1% | added |
| 41 | QVCG Qurate Retail Inc | Consumer Cyclical | 0.6% | $6.1m | 488,634 | 37% | added |
| 42 | BNY The Bank of New York Mellon Co | Financial Services | 0.5% | $4.8m | 107,815 | -10% | reduced |
| 43 | Liberty Global Plc A | 0.4% | $4.3m | 160,565 | 0% | held | |
| 44 | JEF Jefferies Financial Group Inc | Financial Services | 0.4% | $4.1m | 214,800 | -12% | reduced |
| 45 | GE General Electric Company | Industrials | 0.4% | $3.9m | 369,500 | 0% | held |
| 46 | MAT Mattel Inc | Consumer Cyclical | 0.4% | $3.8m | 343,100 | 6% | added |
| 47 | TEL TE Connectivity Ltd | Technology | 0.4% | $3.6m | 38,060 | 0% | held |
| 48 | DD DuPont de Nemours Inc | Basic Materials | 0.3% | $3.5m | 47,290 | – | new |
| 49 | Apex Global Brands Inc | 0.3% | $2.8m | 3,824,157 | – | new | |
| 50 | DOW Dow Inc | Basic Materials | 0.2% | $2.3m | 47,290 | – | new |
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.