Cove Street Capital 13F holdings, Q4 2019
Holdings as of December 31, 2019 · filings on SEC EDGAR · latest filing →
Cove Street Capital disclosed 100 US equity positions worth $1.0bn in its Q4 2019 13F filing. The largest position was CMP at 7.3% of the reported book, followed by TIGO and E.W. Scripps Company. Against the Q3 2019 filing, it opened 3 new positions, added to 10 and reduced 29 among the top 50 holdings.
What did Cove Street Capital own in Q4 2019? Top 50 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q3 2019 |
|---|---|---|---|---|---|---|---|
| 1 | CMP Compass Minerals International | Basic Materials | 7.3% | $76.3m | 817,330 | 14% | added |
| 2 | TIGO Millicom International Cellular | Communication Services | 6.2% | $65.0m | 862,057 | 6% | added |
| 3 | E.W. Scripps Company | 5.7% | $59.2m | 2,472,209 | -0% | held | |
| 4 | Colfax Corp | 5.6% | $58.6m | 1,077,470 | -13% | reduced | |
| 5 | VSAT ViaSat Inc | Technology | 5.0% | $52.5m | 466,007 | 1% | added |
| 6 | GP Strategies Corp | 4.6% | $47.8m | 2,406,810 | 2% | added | |
| 7 | Macquarie Infrastructure Corp | 3.3% | $34.4m | 548,015 | 41% | added | |
| 8 | INTL FCStone Inc | 3.2% | $33.9m | 471,288 | -5% | reduced | |
| 9 | Heritage-Crystal Clean Inc | 2.7% | $27.9m | 619,501 | -37% | reduced | |
| 10 | Avid Technology Inc | 2.5% | $26.2m | 2,092,052 | -0% | held | |
| 11 | UFPT UFP Technologies Inc | Healthcare | 2.5% | $26.1m | 368,970 | -34% | reduced |
| 12 | Hallmark Financial Services Inc | 2.5% | $26.0m | 1,054,181 | -3% | reduced | |
| 13 | QVCG Qurate Retail Inc | Consumer Cyclical | 2.4% | $24.9m | 2,039,122 | 514% | added |
| 14 | CVLT CommVault Systems Inc | Technology | 2.3% | $24.5m | 373,000 | 26% | added |
| 15 | TGNA TEGNA Inc | 2.3% | $24.5m | 951,819 | -18% | reduced | |
| 16 | YELP Yelp Inc | Communication Services | 2.2% | $23.4m | 462,064 | -0% | held |
| 17 | Patterson Companies Inc | 2.2% | $23.3m | 799,578 | -14% | reduced | |
| 18 | Liberty TripAdvisor Holdings Inc | 2.2% | $22.8m | 2,202,700 | – | new | |
| 19 | LogMeIn Inc | 2.2% | $22.6m | 165,400 | -36% | reduced | |
| 20 | PAHC Phibro Animal Health Corp A | Healthcare | 2.0% | $21.3m | 595,297 | 2% | added |
| 21 | HP5A Equity Commonwealth | 1.9% | $19.9m | 451,240 | 5% | added | |
| 22 | SPB Spectrum Brands Holdings Inc | Consumer Defensive | 1.8% | $18.8m | 202,547 | -38% | reduced |
| 23 | AVD American Vanguard Corp | Basic Materials | 1.8% | $18.3m | 663,875 | -26% | reduced |
| 24 | Actuant Corp Cl A | 1.6% | $16.6m | 458,042 | -21% | reduced | |
| 25 | CenturyLink Inc | 1.6% | $16.6m | 767,176 | -10% | reduced | |
| 26 | Capital Senior Living Corp | 1.5% | $16.1m | 3,649,859 | -1% | reduced | |
| 27 | SXI Standex International Corp | Industrials | 1.5% | $16.1m | 155,072 | -6% | reduced |
| 28 | GCP Applied Technologies Inc | 1.2% | $12.8m | 427,700 | 0% | held | |
| 29 | MWA Mueller Water Products Inc A | Industrials | 1.2% | $12.4m | 729,317 | -0% | held |
| 30 | Liberty SiriusXM Group - A | 1.1% | $11.7m | 241,509 | -5% | reduced | |
| 31 | Avanos Medical, Inc | 1.1% | $11.6m | 255,503 | 334% | added | |
| 32 | DNOW NOW Inc | Industrials | 1.1% | $11.3m | 1,004,385 | 0% | held |
| 33 | Axalta Coating Systems Ltd | 1.0% | $10.1m | 331,173 | -3% | reduced | |
| 34 | Alleghany Corp | 0.8% | $8.8m | 11,008 | -14% | reduced | |
| 35 | AYI Acuity Brands Inc | Industrials | 0.8% | $8.5m | 61,293 | -0% | held |
| 36 | CSW CSW Industrials Inc | Industrials | 0.8% | $8.4m | 77,580 | -45% | reduced |
| 37 | Carrols Restaurant Group Inc | 0.8% | $7.8m | 777,234 | -4% | reduced | |
| 38 | HSIC Henry Schein Inc | Healthcare | 0.7% | $7.4m | 110,270 | -2% | reduced |
| 39 | FMC FMC Corp | Basic Materials | 0.6% | $6.2m | 61,749 | -7% | reduced |
| 40 | JPM JPMorgan Chase & Company | Financial Services | 0.6% | $6.0m | 43,402 | -19% | reduced |
| 41 | Great Elm Capital Group Inc | 0.6% | $5.8m | 1,739,398 | 0% | held | |
| 42 | 0VVB ViacomCBS Inc | 0.5% | $5.2m | 124,854 | – | new | |
| 43 | TPR Tapestry Inc | Consumer Cyclical | 0.5% | $4.9m | 182,679 | -15% | reduced |
| 44 | BNY The Bank of New York Mellon Co | Financial Services | 0.4% | $4.3m | 85,365 | -4% | reduced |
| 45 | Emerald Expositions Events Inc | 0.3% | $3.7m | 257,317 | – | new | |
| 46 | MAT Mattel Inc | Consumer Cyclical | 0.3% | $3.5m | 261,200 | -3% | reduced |
| 47 | GE General Electric Company | Industrials | 0.3% | $3.3m | 297,400 | -2% | reduced |
| 48 | Wesco Aircraft Holdings Inc | 0.3% | $3.2m | 288,988 | -77% | reduced | |
| 49 | TEL TE Connectivity Ltd | Technology | 0.3% | $3.0m | 31,315 | -11% | reduced |
| 50 | Liberty Global Plc A | 0.2% | $2.2m | 96,565 | -22% | reduced |
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.