Cove Street Capital 13F holdings, Q3 2019
Holdings as of September 30, 2019 · filings on SEC EDGAR · latest filing →
Cove Street Capital disclosed 95 US equity positions worth $993.0m in its Q3 2019 13F filing. The largest position was CMP at 6.3% of the reported book, followed by TIGO and Colfax Corp. Against the Q2 2019 filing, it opened 5 new positions, added to 12 and reduced 32 among the top 50 holdings.
What did Cove Street Capital own in Q3 2019? Top 50 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q2 2019 |
|---|---|---|---|---|---|---|---|
| 1 | CMP Compass Minerals International | Basic Materials | 6.3% | $62.7m | 717,753 | 3% | added |
| 2 | TIGO Millicom International Cellular | Communication Services | 6.3% | $62.2m | 810,899 | -3% | reduced |
| 3 | Colfax Corp | 5.4% | $53.2m | 1,237,570 | -6% | reduced | |
| 4 | VSAT ViaSat Inc | Technology | 5.3% | $53.1m | 459,993 | 0% | held |
| 5 | E.W. Scripps Company | 5.0% | $50.1m | 2,475,909 | 130% | added | |
| 6 | GP Strategies Corp | 4.5% | $45.1m | 2,352,579 | 10% | added | |
| 7 | Heritage-Crystal Clean Inc | 3.9% | $39.2m | 990,831 | -3% | reduced | |
| 8 | UFPT UFP Technologies Inc | Healthcare | 3.1% | $31.2m | 556,327 | -11% | reduced |
| 9 | INTL FCStone Inc | 3.0% | $29.7m | 494,526 | -7% | reduced | |
| 10 | Hallmark Financial Services Inc | 3.0% | $29.6m | 1,088,581 | -31% | reduced | |
| 11 | LogMeIn Inc | 2.8% | $28.2m | 257,000 | – | new | |
| 12 | TGNA TEGNA Inc | 2.8% | $27.5m | 1,164,808 | -5% | reduced | |
| 13 | SPB Spectrum Brands Holdings Inc | Consumer Defensive | 2.6% | $26.1m | 328,522 | -23% | reduced |
| 14 | YELP Yelp Inc | Communication Services | 2.4% | $23.5m | 464,164 | -6% | reduced |
| 15 | Capital Senior Living Corp | 2.3% | $23.1m | 3,676,009 | 6% | added | |
| 16 | Patterson Companies Inc | 2.3% | $22.9m | 932,378 | 22% | added | |
| 17 | Macquarie Infrastructure Corp | 2.2% | $21.7m | 389,480 | -11% | reduced | |
| 18 | HP5A Equity Commonwealth | 2.0% | $20.0m | 431,340 | -4% | reduced | |
| 19 | CVLT CommVault Systems Inc | Technology | 2.0% | $19.8m | 296,000 | – | new |
| 20 | AVD American Vanguard Corp | Basic Materials | 2.0% | $19.7m | 892,835 | -3% | reduced |
| 21 | Avid Technology Inc | 1.9% | $18.9m | 2,096,452 | -27% | reduced | |
| 22 | Wesco Aircraft Holdings Inc | 1.8% | $18.1m | 1,233,842 | -48% | reduced | |
| 23 | PAHC Phibro Animal Health Corp A | Healthcare | 1.8% | $17.9m | 586,056 | 164% | added |
| 24 | CenturyLink Inc | 1.8% | $17.7m | 847,875 | -18% | reduced | |
| 25 | Actuant Corp Cl A | 1.8% | $17.5m | 582,915 | -6% | reduced | |
| 26 | SXI Standex International Corp | Industrials | 1.6% | $16.1m | 164,202 | 36% | added |
| 27 | DNOW NOW Inc | Industrials | 1.6% | $15.9m | 1,004,385 | -1% | reduced |
| 28 | CSW CSW Industrials Inc | Industrials | 1.3% | $13.2m | 140,194 | -43% | reduced |
| 29 | MWA Mueller Water Products Inc A | Industrials | 1.2% | $11.7m | 729,456 | -1% | reduced |
| 30 | GCP Applied Technologies Inc | 1.1% | $10.8m | 426,500 | – | new | |
| 31 | Liberty SiriusXM Group A | 1.1% | $10.6m | 255,358 | -16% | reduced | |
| 32 | Axalta Coating Systems Ltd | 1.0% | $10.3m | 340,578 | -25% | reduced | |
| 33 | Alleghany Corp | 1.0% | $10.2m | 12,823 | -22% | reduced | |
| 34 | Carrols Restaurant Group Inc | 1.0% | $9.8m | 810,700 | -18% | reduced | |
| 35 | AYI Acuity Brands Inc | Industrials | 0.8% | $8.3m | 61,420 | 9% | added |
| 36 | HSIC Henry Schein Inc | Healthcare | 0.7% | $7.1m | 112,413 | -14% | reduced |
| 37 | Great Elm Capital Group Inc | 0.6% | $6.4m | 1,739,398 | 10% | added | |
| 38 | JPM JPMorgan Chase & Company | Financial Services | 0.6% | $6.3m | 53,448 | -23% | reduced |
| 39 | VIAB Viacom Inc New CL B | 0.6% | $6.1m | 255,226 | 12% | added | |
| 40 | FMC FMC Corp | Basic Materials | 0.6% | $5.8m | 66,145 | -17% | reduced |
| 41 | TPR Tapestry Inc | Consumer Cyclical | 0.6% | $5.6m | 214,269 | 522% | added |
| 42 | BNY The Bank of New York Mellon Co | Financial Services | 0.4% | $4.0m | 88,515 | -18% | reduced |
| 43 | Avanos Medical, Inc | 0.4% | $3.6m | 58,852 | – | new | |
| 44 | QVCG Qurate Retail Inc | Consumer Cyclical | 0.3% | $3.4m | 332,145 | -32% | reduced |
| 45 | Apex Global Brands Inc | 0.3% | $3.3m | 1,264,560 | – | new | |
| 46 | TEL TE Connectivity Ltd | Technology | 0.3% | $3.3m | 35,350 | -7% | reduced |
| 47 | MAT Mattel Inc | Consumer Cyclical | 0.3% | $3.1m | 269,600 | -21% | reduced |
| 48 | Liberty Global Plc A | 0.3% | $3.1m | 123,725 | -23% | reduced | |
| 49 | GE General Electric Company | Industrials | 0.3% | $2.7m | 302,525 | -18% | reduced |
| 50 | Northern Technologies International | 0.2% | $1.7m | 141,667 | 240% | 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.