Cove Street Capital 13F holdings, Q1 2024
Holdings as of March 31, 2024 · filings on SEC EDGAR · latest filing →
Cove Street Capital disclosed 71 US equity positions worth $359.2m in its Q1 2024 13F filing. The largest position was PPLI at 6.7% of the reported book, followed by ECVT and WHITE MTNS INS GROUP LTD. Against the Q4 2023 filing, it opened 4 new positions, added to 13 and reduced 32 among the top 50 holdings.
What did Cove Street Capital own in Q1 2024? Top 50 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q4 2023 |
|---|---|---|---|---|---|---|---|
| 1 | PPLI IAC INC | Communication Services | 6.7% | $24.1m | 427,289 | -8% | reduced |
| 2 | ECVT ECOVYST INC | Basic Materials | 5.5% | $19.7m | 1,839,956 | -4% | reduced |
| 3 | WHITE MTNS INS GROUP LTD | 5.1% | $18.4m | 10,057 | -6% | reduced | |
| 4 | SCRIPPS E W CO OHIO | 4.0% | $14.2m | 3,703,082 | 34% | added | |
| 5 | OUT OUTFRONT MEDIA INC | Real Estate | 3.9% | $13.8m | 816,100 | -3% | reduced |
| 6 | CLMB CLIMB GLOBAL SOLUTIONS INC | 3.8% | $13.7m | 155,424 | -19% | reduced | |
| 7 | VSAT VIASAT INC | Technology | 3.6% | $13.1m | 766,753 | 18% | added |
| 8 | SIX FLAGS ENTMT CORP NEW | 3.3% | $11.8m | 387,811 | -1% | reduced | |
| 9 | AVD AMERICAN VANGUARD CORP | Basic Materials | 3.0% | $10.6m | 709,287 | 166% | added |
| 10 | VMD VIEMED HEALTHCARE INC | Healthcare | 2.9% | $10.5m | 893,797 | -3% | reduced |
| 11 | RSSS RESEARCH SOLUTIONS INC | 2.8% | $10.0m | 3,433,882 | -2% | reduced | |
| 12 | CNX CNX RES CORP | Energy | 2.8% | $9.9m | 322,747 | 2% | added |
| 13 | ENOV ENOVIS CORPORATION | Healthcare | 2.7% | $9.7m | 158,989 | -2% | reduced |
| 14 | TIPT TIPTREE INC | Financial Services | 2.7% | $9.6m | 423,767 | 7% | added |
| 15 | COMPUTER PROGRAMS & SYS INC | 2.7% | $9.6m | 733,369 | – | new | |
| 16 | NEU NEWMARKET CORP | Basic Materials | 2.6% | $9.4m | 10,847 | -7% | reduced |
| 17 | VTS VITESSE ENERGY INC | 2.6% | $9.2m | 351,365 | 26% | added | |
| 18 | AMER SOFTWARE INC | 2.5% | $8.9m | 541,707 | -5% | reduced | |
| 19 | KBR KBR INC | Industrials | 2.5% | $8.9m | 162,823 | -8% | reduced |
| 20 | RDVT RED VIOLET INC | 2.5% | $8.9m | 275,000 | – | new | |
| 21 | LIFECORE BIOMEDICAL INC | 2.4% | $8.8m | 1,283,780 | 41% | added | |
| 22 | TRIPLE FLAG PRECIOUS METAL | 2.4% | $8.5m | 541,255 | 15% | added | |
| 23 | MOTORCAR PTS AMER INC | 2.3% | $8.4m | 720,753 | -5% | reduced | |
| 24 | SNEX STONEX GROUP INC | Financial Services | 2.3% | $8.2m | 89,945 | -8% | reduced |
| 25 | PKE PARK AEROSPACE CORP | Industrials | 2.3% | $8.2m | 357,250 | – | new |
| 26 | DLHC DLH HLDGS CORP | 1.9% | $7.0m | 375,776 | -50% | reduced | |
| 27 | CMP COMPASS MINERALS INTL INC | Basic Materials | 1.8% | $6.5m | 310,188 | 35% | added |
| 28 | SECUREWORKS CORP | 1.7% | $6.2m | 638,626 | -1% | reduced | |
| 29 | LIONS GATE ENTMNT CORP | 1.5% | $5.3m | 310,985 | -20% | reduced | |
| 30 | INFU INFUSYSTEM HLDGS INC | Healthcare | 1.4% | $5.0m | 392,325 | -4% | reduced |
| 31 | SXI STANDEX INTL CORP | Industrials | 1.4% | $4.9m | 20,267 | -28% | reduced |
| 32 | WBD WARNER BROS DISCOVERY INC | Communication Services | 1.1% | $4.0m | 452,800 | -3% | reduced |
| 33 | DVN DEVON ENERGY CORP NEW | Energy | 0.8% | $2.8m | 55,516 | 103% | added |
| 34 | GREAT ELM GROUP INC | 0.8% | $2.7m | 1,012,946 | -1% | reduced | |
| 35 | AXALTA COATING SYS LTD | 0.7% | $2.7m | 77,502 | -35% | reduced | |
| 36 | FNV FRANCO NEV CORP | Basic Materials | 0.6% | $2.3m | 19,400 | -5% | reduced |
| 37 | FMC FMC CORP | Basic Materials | 0.6% | $2.3m | 35,478 | 16% | added |
| 38 | SCHW SCHWAB CHARLES CORP | Financial Services | 0.6% | $2.2m | 30,100 | -8% | reduced |
| 39 | GBLI GLOBAL INDEMNITY GROUP LLC | 0.6% | $2.1m | 68,319 | -26% | reduced | |
| 40 | ADM ARCHER DANIELS MIDLAND CO | Consumer Defensive | 0.5% | $1.8m | 28,800 | – | new |
| 41 | TRMB TRIMBLE INC | Technology | 0.5% | $1.7m | 26,000 | -4% | reduced |
| 42 | HNRG HALLADOR ENERGY COMPANY | Utilities | 0.5% | $1.7m | 289,259 | 5% | added |
| 43 | BNY BANK NEW YORK MELLON CORP | Financial Services | 0.4% | $1.6m | 27,400 | 0% | held |
| 44 | WFC WELLS FARGO CO NEW | Financial Services | 0.4% | $1.6m | 27,200 | -20% | reduced |
| 45 | RRX REGAL REXNORD CORPORATION | Industrials | 0.4% | $1.5m | 8,441 | -19% | reduced |
| 46 | BRK/B BERKSHIRE HATHAWAY INC DEL | 0.4% | $1.5m | 3,590 | -68% | reduced | |
| 47 | HWM HOWMET AEROSPACE INC | Industrials | 0.3% | $969.7k | 14,170 | -52% | reduced |
| 48 | CLH CLEAN HARBORS INC | Industrials | 0.3% | $929.6k | 4,618 | -7% | reduced |
| 49 | LFUS LITTELFUSE INC | Technology | 0.2% | $776.0k | 3,202 | -8% | reduced |
| 50 | KMI KINDER MORGAN INC DEL | Energy | 0.2% | $713.4k | 38,900 | 285% | 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.