Cove Street Capital 13F holdings, Q1 2020
Holdings as of March 31, 2020 · filings on SEC EDGAR · latest filing →
Cove Street Capital disclosed 98 US equity positions worth $687.6m in its Q1 2020 13F filing. The largest position was CMP at 6.8% of the reported book, followed by VSAT and TIGO. Against the Q4 2019 filing, it opened 8 new positions, added to 19 and reduced 22 among the top 50 holdings.
What did Cove Street Capital own in Q1 2020? Top 50 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q4 2019 |
|---|---|---|---|---|---|---|---|
| 1 | CMP Compass Minerals International | Basic Materials | 6.8% | $46.7m | 794,085 | -3% | reduced |
| 2 | VSAT ViaSat Inc | Technology | 6.8% | $46.5m | 828,378 | 78% | added |
| 3 | TIGO Millicom International Cellular | Communication Services | 5.4% | $37.3m | 845,478 | -2% | reduced |
| 4 | Macquarie Infrastructure Corporation | 5.2% | $35.6m | 906,703 | 65% | added | |
| 5 | Colfax Corporation | 4.8% | $32.7m | 1,110,604 | 3% | added | |
| 6 | Avanos Medical, Inc | 4.7% | $32.5m | 811,436 | 218% | added | |
| 7 | Axalta Coating Systems Ltd | 4.1% | $28.5m | 1,050,162 | 217% | added | |
| 8 | E.W. Scripps Company | 4.0% | $27.8m | 2,464,436 | -0% | held | |
| 9 | GP Strategies Corporation | 3.5% | $24.2m | 2,472,528 | 3% | added | |
| 10 | INTL FCStone Inc | 3.3% | $22.9m | 423,669 | -10% | reduced | |
| 11 | AYI Acuity Brands Inc | Industrials | 3.3% | $22.6m | 167,334 | 173% | added |
| 12 | CVLT CommVault Systems Inc | Technology | 3.1% | $21.5m | 361,200 | -3% | reduced |
| 13 | PAHC Phibro Animal Health Corporation | Healthcare | 3.0% | $20.9m | 598,590 | 1% | added |
| 14 | UFPT UFP Technologies Inc | Healthcare | 2.7% | $18.6m | 342,899 | -7% | reduced |
| 15 | Avid Technology Inc | 2.6% | $18.1m | 1,851,433 | -12% | reduced | |
| 16 | SPB Spectrum Brands Holdings Inc | Consumer Defensive | 2.5% | $17.0m | 331,086 | 63% | added |
| 17 | Heritage-Crystal Clean Inc | 2.1% | $14.4m | 590,431 | -5% | reduced | |
| 18 | SXI Standex International Corporation | Industrials | 1.9% | $13.1m | 190,814 | 23% | added |
| 19 | Sensata Technologies Holding | 1.8% | $12.5m | 340,530 | 1354% | added | |
| 20 | Six Flags Entertainment Corporation | 1.8% | $12.3m | 675,900 | – | new | |
| 21 | YELP Yelp Inc | Communication Services | 1.7% | $11.5m | 443,664 | -4% | reduced |
| 22 | Patterson Companies Inc | 1.6% | $11.0m | 522,439 | -35% | reduced | |
| 23 | GCP Applied Technologies Inc | 1.6% | $10.7m | 457,300 | 7% | added | |
| 24 | AVD American Vanguard Corporation | Basic Materials | 1.5% | $10.4m | 493,819 | -26% | reduced |
| 25 | MWA Mueller Water Products Inc A | Industrials | 1.5% | $10.3m | 832,948 | 14% | added |
| 26 | EPAC Enerpac Tool Group Corporation | Industrials | 1.3% | $8.6m | 406,895 | – | new |
| 27 | CNK Cinemark Holdings Inc | Communication Services | 1.2% | $8.1m | 571,758 | – | new |
| 28 | TGNA TEGNA Inc | 1.0% | $7.2m | 446,732 | -53% | reduced | |
| 29 | DCI Donaldson Company Inc | Industrials | 1.0% | $6.9m | 128,527 | – | new |
| 30 | CenturyLink Inc | 0.9% | $6.4m | 680,308 | -11% | reduced | |
| 31 | CSW CSW Industrials Inc | Industrials | 0.9% | $6.3m | 71,900 | -7% | reduced |
| 32 | Alleghany Corporation | 0.9% | $5.9m | 10,768 | -2% | reduced | |
| 33 | Liberty TripAdvisor Holdings | 0.9% | $5.9m | 2,399,200 | 9% | added | |
| 34 | Liberty SiriusXM Group - A | 0.9% | $5.9m | 184,732 | -24% | reduced | |
| 35 | SKAA Skechers U.S.A., Inc CL A | 0.8% | $5.6m | 165,800 | – | new | |
| 36 | HSIC Henry Schein Inc | Healthcare | 0.7% | $5.0m | 99,858 | -9% | reduced |
| 37 | FMC FMC Corporation | Basic Materials | 0.7% | $4.8m | 59,372 | -4% | reduced |
| 38 | BRK/B Berkshire Hathaway Inc CL B | 0.6% | $3.9m | 21,400 | – | new | |
| 39 | Great Elm Capital Group Inc | 0.5% | $3.2m | 1,714,098 | -1% | reduced | |
| 40 | Capital Senior Living Corporation | 0.5% | $3.1m | 3,728,459 | 2% | added | |
| 41 | Hallmark Financial Services Inc | 0.4% | $2.5m | 580,851 | -45% | reduced | |
| 42 | Emerald Holding Inc | 0.4% | $2.5m | 765,827 | – | new | |
| 43 | CLH Clean Harbors Inc | Industrials | 0.4% | $2.4m | 46,944 | 253% | added |
| 44 | BNY The Bank of New York Mellon Co | Financial Services | 0.3% | $2.4m | 70,565 | -17% | reduced |
| 45 | GE General Electric Company | Industrials | 0.3% | $2.2m | 274,500 | -8% | reduced |
| 46 | JPM JPMorgan Chase & Company | Financial Services | 0.3% | $2.1m | 23,105 | -47% | reduced |
| 47 | DLHC DLH Holdings Corporation | 0.2% | $1.5m | 366,868 | 72% | added | |
| 48 | WFC Wells Fargo & Company | Financial Services | 0.2% | $1.1m | 39,900 | – | new |
| 49 | Global Indemnity Limited | 0.2% | $1.1m | 43,681 | 25% | added | |
| 50 | TRNS Transcat Inc | Industrials | 0.2% | $1.1m | 42,000 | 20% | 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.