SEC 13F Intelligence

Managers / Q3 2019 · view latest →

Cove Street Capital, LLC

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

Reported Value
$715M
Q3 2019
Positions
128
Filings on Record
29
2019–present window
Filed
Nov 13, 2019
original filing

Summary

Cove Street Capital, LLC reported $715M in U.S.-listed holdings across 128 positions for Q3 2019.

Its largest position, Compass Minerals International, represents 4.4% of the portfolio.

Compared with Q2 2019, the fund opened 10 new positions and exited 12.

Portfolio Metrics

Turnover
+11.0%
vs prior filed quarter
Top-10 Concentration
+31.9%
share of reported value
Largest Position
+4.4%
Compass Minerals International
New / Exited
10 / 12
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
Other: 59.5%Common Stock: 36.9%REIT: 2.1%Tracking Stk: 1.5%PUBLIC: 0.1%
  • Other · 59.5% · $425M
  • Common Stock · 36.9% · $264M
  • REIT · 2.1% · $15M
  • Tracking Stk · 1.5% · $11M
  • PUBLIC · 0.1% · $857,000

Quarter-over-Quarter Changes full breakdown →

vs Q2 2019 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
LOGMEURLogMeIn IncNEW+257.0K257.0K+$18M$18M
CVLTCommVault Systems IncNEW+296.0K296.0K+$13M$13M
GCPEURGCP Applied Technologies IncNEW+426.5K426.5K+$8M$8M
Avanos Medical, IncNEW+58.9K58.9K+$2M$2M
Apex Global Brands IncNEW+1.26M1.26M+$2M$2M
Sensata Technologies HoldingNEW+23.4K23.4K+$1M$1M
PKEPark Aerospace CorpNEW+50.0K50.0K+$878,000$878,000
Viemed Healthcare, IncNEW+90.0K90.0K+$623,000$623,000

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

Holdings — Q3 2019

40 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1Compass Minerals InternationalCOM5.67%$41M717.8K
2Millicom International CellularCOM5.52%$39M810.9K
3Colfax CorpCOM5.03%$36M1.24M
4ViaSat IncCOM4.84%$35M460.0K
5SSPE.W. Scripps Companyhistory →COM4.60%$33M2.48M
6GP Strategies CorpCOM4.22%$30M2.35M
7Heritage-Crystal Clean IncCOM3.67%$26M990.8K
8UFPTUFP Technologies Inchistory →COM3.00%$21M556.3K
9Hallmark Financial Services IncCOM2.91%$21M1.09M
10INTL FCStone IncCOM2.84%$20M494.5K
11LOGMEURLogMeIn Inchistory →COM1.97%$14M199.0K
12TEGNA IncCOM1.92%$14M884.4K
13Spectrum Brands Holdings IncCOM1.82%$13M247.4K
14YELPYelp Inchistory →COM1.65%$12M338.7K
15CSUUSDCapital Senior Living Corphistory →COM1.61%$12M2.63M
16PDCOEURPatterson Companies Inchistory →COM1.60%$11M642.0K
17Macquarie Infrastructure CorpCOM1.51%$11M274.4K
18Liberty SiriusXM Group ACOM1.48%$11M255.4K
19Axalta Coating Systems LtdCOM1.44%$10M340.6K
20YUSDAlleghany Corphistory →COM1.43%$10M12.8K
21Equity CommonwealthCOM1.40%$10M292.3K
22CVLTCommVault Systems Inchistory →COM1.38%$10M221.2K
23AVDAmerican Vanguard Corphistory →COM1.38%$10M627.5K
24Avid Technology IncCOM1.32%$9M1.53M
25WAIREURWesco Aircraft Holdings Inchistory →COM1.26%$9M820.8K
26Phibro Animal Health Corp ACOM1.25%$9M419.8K
27CTLEURCenturyLink Inchistory →COM1.24%$9M707.9K
28Actuant Corp Cl ACOM1.23%$9M399.8K
29Acuity Brands IncCOM1.16%$8M61.4K
30SXIStandex International Corphistory →COM1.13%$8M110.4K
31NOW IncCOM1.11%$8M691.9K
32HSICHenry Schein IncCOM1.00%$7M112.4K
33CSWCSW Industrials IncCOM0.92%$7M95.6K
34Great Elm Capital Group IncCOM0.89%$6M1.74M
35JPMorgan Chase & CompanyCOM0.88%$6M53.4K
36Viacom Inc New CL BCOM0.86%$6M255.2K
37JT5Mueller Water Products Inc ACOM0.82%$6M519.4K
38FMCFMC CorpCOM0.81%$6M66.1K
39TPRTapestry IncCOM0.78%$6M214.3K
40GCPEURGCP Applied Technologies IncCOM0.75%$5M279.9K

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 ↗.