Cove Street Capital 13F holdings, Q3 2020
Holdings as of September 30, 2020 · filings on SEC EDGAR · latest filing →
Cove Street Capital disclosed 74 US equity positions worth $700.5m in its Q3 2020 13F filing. The largest position was VSAT at 7.3% of the reported book, followed by CMP and TIGO. Against the Q2 2020 filing, it opened 6 new positions, added to 16 and reduced 25 among the top 50 holdings.
What did Cove Street Capital own in Q3 2020? Top 50 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q2 2020 |
|---|---|---|---|---|---|---|---|
| 1 | VSAT ViaSat Inc | Technology | 7.3% | $51.0m | 1,043,349 | 26% | added |
| 2 | CMP Compass Minerals International | Basic Materials | 7.0% | $49.1m | 606,123 | -2% | reduced |
| 3 | TIGO Millicom International Cellular | Communication Services | 5.9% | $41.3m | 958,640 | -7% | reduced |
| 4 | Macquarie Infrastructure Corporation | 5.4% | $38.1m | 1,006,295 | 12% | added | |
| 5 | Colfax Corporation | 4.9% | $34.4m | 781,300 | -15% | reduced | |
| 6 | GP Strategies Corporation | 4.9% | $34.3m | 2,584,540 | -3% | reduced | |
| 7 | E.W. Scripps Company | 4.4% | $30.6m | 1,988,447 | -19% | reduced | |
| 8 | SNEX StoneX Group Inc | Financial Services | 3.1% | $21.6m | 325,763 | – | new |
| 9 | PQ Group Holdings Inc | 3.1% | $21.5m | 1,577,926 | – | new | |
| 10 | TPR Tapestry Inc | Consumer Cyclical | 2.8% | $19.6m | 905,671 | 1247% | added |
| 11 | CVLT CommVault Systems Inc | Technology | 2.7% | $18.9m | 342,620 | 0% | held |
| 12 | AYI Acuity Brands Inc | Industrials | 2.6% | $18.5m | 128,481 | -9% | reduced |
| 13 | Avanos Medical Inc | 2.6% | $18.4m | 400,689 | -11% | reduced | |
| 14 | Avid Technology Inc | 2.5% | $17.5m | 1,593,875 | -7% | reduced | |
| 15 | SKAA Skechers U.S.A. Inc CL A | 2.4% | $17.1m | 425,600 | 56% | added | |
| 16 | SXI Standex International Corporation | Industrials | 2.3% | $16.1m | 205,984 | 8% | added |
| 17 | AZZ AZZ INC | Industrials | 2.3% | $16.1m | 357,870 | 63% | added |
| 18 | TGNA TEGNA Inc | 2.2% | $15.3m | 915,821 | 3% | added | |
| 19 | PAHC Phibro Animal Health Corporation | Healthcare | 2.1% | $14.5m | 623,361 | 24% | added |
| 20 | WPX Energy Inc | 2.0% | $13.8m | 2,037,900 | 13% | added | |
| 21 | KBR KBR Inc | Industrials | 1.9% | $13.3m | 469,000 | – | new |
| 22 | Six Flags Entertainment Corporation | 1.9% | $13.2m | 477,970 | 0% | held | |
| 23 | GCP Applied Technologies Inc | 1.7% | $12.2m | 444,900 | -5% | reduced | |
| 24 | MWA Mueller Water Products Inc A | Industrials | 1.7% | $12.2m | 862,117 | -4% | reduced |
| 25 | SPB Spectrum Brands Holdings Inc | Consumer Defensive | 1.7% | $11.7m | 165,727 | -41% | reduced |
| 26 | UFPT UFP Technologies Inc | Healthcare | 1.7% | $11.6m | 212,080 | -25% | reduced |
| 27 | TRNS Transcat Inc | Industrials | 1.7% | $11.6m | 315,117 | 266% | added |
| 28 | Heritage-Crystal Clean Inc | 1.5% | $10.8m | 598,415 | 5% | added | |
| 29 | Alleghany Corporation | 1.5% | $10.8m | 15,573 | 50% | added | |
| 30 | Landec Corporation | 1.1% | $7.9m | 660,182 | 840% | added | |
| 31 | CNK Cinemark Holdings Inc | Communication Services | 0.9% | $6.3m | 454,920 | -5% | reduced |
| 32 | Great Elm Capital Group Inc | 0.9% | $6.2m | 1,727,374 | -0% | held | |
| 33 | VMD Viemed Healthcare Inc | Healthcare | 0.9% | $6.2m | 557,416 | -13% | reduced |
| 34 | Lumen Technologies Inc | 0.8% | $5.8m | 579,135 | -2% | reduced | |
| 35 | Liberty SiriusXM Group - A | 0.8% | $5.5m | 165,374 | -3% | reduced | |
| 36 | HSIC Henry Schein Inc | Healthcare | 0.7% | $5.2m | 87,789 | -4% | reduced |
| 37 | FMC FMC Corporation | Basic Materials | 0.6% | $4.5m | 42,431 | -11% | reduced |
| 38 | Liberty TripAdvisor Holdings Inc | 0.6% | $4.1m | 1,881,800 | -10% | reduced | |
| 39 | BRK/B Berkshire Hathaway Inc CL B | 0.6% | $3.9m | 18,450 | -6% | reduced | |
| 40 | DLHC DLH Holdings Corporation | 0.5% | $3.5m | 385,857 | 2% | added | |
| 41 | Axalta Coating Systems Ltd | 0.5% | $3.5m | 156,246 | -75% | reduced | |
| 42 | GBLI Global Indemnity Group LLC | 0.4% | $3.1m | 148,600 | – | new | |
| 43 | WFC Wells Fargo & Company | Financial Services | 0.4% | $2.9m | 123,800 | -1% | reduced |
| 44 | Capital Senior Living Corporation | 0.3% | $2.0m | 2,325,179 | -16% | reduced | |
| 45 | BNY The Bank of New York Mellon Co | Financial Services | 0.3% | $1.9m | 55,565 | 1% | added |
| 46 | CLH Clean Harbors Inc | Industrials | 0.2% | $1.7m | 30,751 | 1% | added |
| 47 | FLIR FLIR Systems Inc | 0.2% | $1.4m | 39,030 | – | new | |
| 48 | Sensata Technologies Holding | 0.2% | $1.3m | 29,482 | -26% | reduced | |
| 49 | Apex Global Brands Inc | 0.1% | $1.0m | 97,228 | – | new | |
| 50 | Rexnord Corporation | 0.1% | $1.0m | 33,785 | -8% | 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.