SEC 13F Intelligence

Managers / Q1 2019 · view latest →

Cove Street Capital, LLC

CIK 0001531612 · 525 SOUTH DOUGLAS STREET, SUITE 225, EL SEGUNDO, CA, 90245 · 424-221-5897

Reported Value
$817M
Q1 2019
Positions
128
Filings on Record
29
2019–present window
Filed
May 14, 2019
original filing

Summary

Cove Street Capital, LLC reported $817M in U.S.-listed holdings across 128 positions for Q1 2019.

Its largest position, VSAT, represents 6.5% of the portfolio.

Compared with Q4 2018, the fund opened 5 new positions and exited 8.

Portfolio Metrics

Turnover
+7.4%
vs prior filed quarter
Top-10 Concentration
+40.5%
share of reported value
Largest Position
+6.5%
Viasat
New / Exited
5 / 8
positions this quarter

Methodology: turnover is min(value bought, value sold) ÷ average reported value across the two quarters — value-based, so market moves inflate it slightly versus a share-based measure. Concentration and largest position are shares of the filing’s total reported value, options excluded. New/exited counts compare against the prior filed quarter. All figures derive solely from the fund’s 13F filings.

Reported Value by Quarter

13F Reported Value
Q4 ’18: $773MQ4 ’18Q1 ’19: $817MQ2 ’19: $775MQ3 ’19: $715MQ3 ’19Q4 ’19: $756MQ1 ’20: $488MQ2 ’20: $505MQ2 ’20Q3 ’20: $528MQ4 ’20: $565MQ1 ’21: $698MQ1 ’21Q2 ’21: $691MQ3 ’21: $674MQ4 ’21: $571MQ4 ’21Q1 ’22: $565MQ2 ’22: $397MQ3 ’22: $358MQ3 ’22Q1 ’23: $335,356Q3 ’23: $296MQ4 ’23: $327MQ4 ’23Q1 ’24: $316MQ4 ’24: $86MQ1 ’25: $64MQ1 ’25Q2 ’25: $68MQ3 ’25: $77Mfilingsflow.com

Portfolio Composition

By security type
Common Stock: 60.0%Other: 37.1%REIT: 1.4%Tracking Stk: 1.3%PUBLIC: 0.2%
  • Common Stock · 60.0% · $490M
  • Other · 37.1% · $303M
  • REIT · 1.4% · $12M
  • Tracking Stk · 1.3% · $11M
  • PUBLIC · 0.2% · $2M

Quarter-over-Quarter Changes full breakdown →

vs Q4 2018 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
SIRIEURSirius XM Holdings IncNEW+206.4K206.4K+$1M$1M
SWCHFSierra Wireless IncNEW+50.0K50.0K+$618,000$618,000
Verso CorpNEW+19.4K19.4K+$415,000$415,000
Contango ORE IncNEW+6.9K6.9K+$138,000$138,000
IWSHWright Investors Service HoldiNEW+25.0K25.0K+$11,000$11,000
Pandora Media IncSOLD OUT−1.23M0−$10M$0
Belmond LtdSOLD OUT−223.2K0−$6M$0
Esterline Technologies CorpSOLD OUT−3.3K0−$401,000$0

Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.

Holdings — Q1 2019

46 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1VSATViaSat Inchistory →COM6.95%$57M733.0K
2Millicom International CellulaCOM5.59%$46M751.4K
3Compass Minerals InternationalCOM5.24%$43M787.4K
4Avid Technology IncCOM5.12%$42M5.61M
5HCCIUSDHeritage-Crystal Clean Inchistory →COM3.70%$30M1.10M
6TEGNA IncCOM3.49%$28M2.02M
7Spectrum Brands Holdings IncCOM3.22%$26M480.2K
8GPXGP Strategies Corphistory →COM3.09%$25M2.08M
9Colfax CorpCOM2.97%$24M817.4K
10UFPTUFP Technologies Inchistory →COM2.95%$24M644.9K
11WAIREURWesco Aircraft Holdings Inchistory →COM2.51%$20M2.33M
12INTLUSDINTL FCStone Inchistory →COM2.40%$20M506.9K
13SSPE.W. Scripps Companyhistory →COM2.22%$18M864.2K
14NOW IncCOM1.92%$16M1.13M
15HALLUSDHallmark Financial Services Inhistory →COM1.92%$16M1.51M
16CSWCSW Industrials Inchistory →COM1.92%$16M273.3K
17GTT1USDGTT Communications Inchistory →COM1.91%$16M449.4K
18AVDAmerican Vanguard Corphistory →COM1.83%$15M868.2K
19MIC2USDMacquarie Infrastructure Corphistory →COM1.80%$15M356.1K
20PDCOEURPatterson Companies Inchistory →COM1.78%$15M667.1K
21ATUEURActuant Corp Cl Ahistory →COM1.69%$14M566.7K
22Smart & Final Stores IncCOM1.67%$14M2.77M
23YELPYelp Inchistory →COM1.59%$13M377.0K
24Axalta Coating Systems LtdCOM1.39%$11M450.4K
25CSUUSDCapital Senior Living Corphistory →COM1.38%$11M2.82M
26Liberty SiriusXM Group - ACOM1.30%$11M277.2K
27YUSDAlleghany Corphistory →COM1.29%$11M17.2K
28TUPTupperware Brands Corphistory →COM1.25%$10M398.2K
29Equity CommonwealthCOM1.24%$10M310.8K
30HSICHenry Schein Inchistory →COM1.04%$8M140.8K
31MAMSMAM Software Group IncCOM0.98%$8M939.3K
32TASTUSDCarrols Restaurant Group IncCOM0.95%$8M782.5K
33DowDuPont IncCOM0.93%$8M141.9K
34CTLEURCenturyLink IncCOM0.92%$8M629.8K
35JPMJPMorgan Chase & CompanyCOM0.89%$7M72.2K
36AYIAcuity Brands IncCOM0.83%$7M56.5K
37VIABViacom Inc New CL BCOM0.77%$6M225.5K
38BNYThe Bank of New York Mellon CoCOM0.74%$6M119.7K
39FMCFMC CorpCOM0.74%$6M78.4K
40QVCAUSDQurate Retail IncCOM0.70%$6M357.5K
41JEFJefferies Financial Group IncCOM0.56%$5M244.3K
42GECEURGreat Elm Capital Group IncCOM0.54%$4M1.03M
43MATMattel IncCOM0.51%$4M323.0K
44Liberty Global Plc ACOM0.49%$4M160.6K
45General Electric CompanyCOM0.45%$4M369.5K
46TE Connectivity LtdCOM0.38%$3M38.1K

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q3 2025$77M96Nov 13, 202513F-HRchanges · EDGAR ↗
Q2 2025$68M97Aug 14, 202513F-HRchanges · EDGAR ↗
Q1 2025$64M98May 15, 202513F-HRchanges · EDGAR ↗
Q4 2024$86M94Feb 12, 202513F-HRchanges · EDGAR ↗
Q3 2024Under review99Nov 12, 202413F-HRchanges · EDGAR ↗
Q2 2024Under review84Jul 18, 202413F-HRchanges · EDGAR ↗
Q1 2024$316M105May 7, 202413F-HRchanges · EDGAR ↗
Q4 2023$327M103Feb 14, 2024RESTATEMENTchanges · EDGAR ↗
Q3 2023$296M113Nov 9, 202313F-HRchanges · EDGAR ↗
Q2 2023Under review113Aug 11, 202313F-HRchanges · EDGAR ↗
Q1 2023$335,356116May 5, 202313F-HRchanges · EDGAR ↗
Q4 2022Under review113Feb 10, 202313F-HRchanges · EDGAR ↗
Q3 2022$358M112Nov 8, 202213F-HRchanges · EDGAR ↗
Q2 2022$397M118Aug 12, 202213F-HRchanges · EDGAR ↗
Q1 2022$565M122May 2, 202213F-HRchanges · EDGAR ↗
Q4 2021$571M126Feb 11, 202213F-HRchanges · EDGAR ↗
Q3 2021$674M125Nov 12, 202113F-HRchanges · EDGAR ↗
Q2 2021$691M123Aug 12, 202113F-HRchanges · EDGAR ↗
Q1 2021$698M120May 25, 202113F-HRchanges · EDGAR ↗
Q4 2020$565M114Feb 16, 202113F-HRchanges · EDGAR ↗
Q3 2020$528M111Nov 13, 202013F-HRchanges · EDGAR ↗
Q2 2020$505M112Aug 13, 202013F-HRchanges · EDGAR ↗
Q1 2020$488M135May 14, 202013F-HRchanges · EDGAR ↗
Q4 2019$756M135Feb 13, 202013F-HRchanges · EDGAR ↗
Q3 2019$715M128Nov 13, 201913F-HRchanges · EDGAR ↗
Q2 2019$775M129Aug 13, 201913F-HRchanges · EDGAR ↗
Q1 2019$817M128May 14, 201913F-HRchanges · EDGAR ↗
Q4 2018$773M130Feb 13, 201913F-HRchanges · EDGAR ↗

13F filings are due up to 45 days after quarter end, so holdings shown here lag the fund’s current book. Source: original SEC filing on EDGAR ↗.