SEC 13F Intelligence

Managers / Q2 2020 · view latest →

Cove Street Capital, LLC

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

Reported Value
$505M
Q2 2020
Positions
112
Filings on Record
29
2019–present window
Filed
Aug 13, 2020
original filing

Summary

Cove Street Capital, LLC reported $505M in U.S.-listed holdings across 112 positions for Q2 2020.

Its largest position, Viasat, represents 4.6% of the portfolio.

Compared with Q1 2020, the fund opened 6 new positions and exited 30.

Portfolio Metrics

Turnover
+13.0%
vs prior filed quarter
Top-10 Concentration
+32.7%
share of reported value
Largest Position
+4.6%
Viasat
New / Exited
6 / 30
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: 63.8%Common Stock: 34.6%Tracking Stk: 1.3%PUBLIC: 0.2%REIT: 0.0%
  • Other · 63.8% · $322M
  • Common Stock · 34.6% · $175M
  • Tracking Stk · 1.3% · $6M
  • PUBLIC · 0.2% · $1M
  • REIT · 0.0% · $202,000

Quarter-over-Quarter Changes full breakdown →

vs Q1 2020 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
WPX Energy IncNEW+1.80M1.80M+$11M$11M
AZZAZZ IncNEW+218.9K218.9K+$8M$8M
LYVLive Nation Entertainment IncNEW+28.6K28.6K+$1M$1M
AGNC Investment Corp 6.125NEW+40.0K40.0K+$822,000$822,000
Liberty SiriusXM Group - CNEW+16.4K16.4K+$565,000$565,000
PotlatchDeltic CorporationNEW+5.3K5.3K+$202,000$202,000
Viemed Healthcare, IncADDED+492.2K642.2K+$5M$6M
WFCWells Fargo & CompanyADDED+85.5K125.4K+$2M$3M

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

Holdings — Q2 2020

35 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1ViaSat IncCOM6.31%$32M830.7K
2Compass Minerals InternationalCOM5.97%$30M618.7K
3Macquarie Infrastructure CorporationCOM5.44%$27M895.5K
4Millicom International CellularCOM5.36%$27M1.04M
5Colfax CorporationCOM5.05%$26M914.5K
6GP Strategies CorporationCOM4.51%$23M2.65M
7SSPE.W. Scripps Companyhistory →COM4.24%$21M2.45M
8INTL FCStone IncCOM3.60%$18M330.7K
9CVLTCommVault Systems Inchistory →COM2.62%$13M341.9K
10Phibro Animal Health CorporationCOM2.60%$13M500.9K
11Spectrum Brands Holdings IncCOM2.53%$13M278.8K
12UFPTUFP Technologies Inchistory →COM2.47%$12M283.2K
13Avid Technology IncCOM2.47%$12M1.71M
14PDCOEURPatterson Companies Inchistory →COM2.41%$12M553.5K
15SXIStandex International Corporationhistory →COM2.17%$11M190.6K
16Axalta Coating Systems LtdCOM2.06%$10M461.3K
17Acuity Brands IncCOM1.95%$10M103.0K
18Avanos Medical, IncCOM1.93%$10M331.0K
19WPX Energy IncCOM1.59%$8M1.26M
20TEGNA IncCOM1.39%$7M631.8K
21YELPYelp Inchistory →COM1.38%$7M302.0K
22Heritage-Crystal Clean IncCOM1.36%$7M393.2K
23Six Flags Entertainment CorporationCOM1.27%$6M333.1K
24CTLEURCenturyLink Inchistory →COM1.18%$6M592.5K
25JT5Mueller Water Products Inc Ahistory →COM1.17%$6M626.3K
26Liberty SiriusXM Group - ACOM1.17%$6M170.8K
27SKAASkechers U.S.A., Inc CL Ahistory →COM1.14%$6M184.1K
28GCPEURGCP Applied Technologies Inchistory →COM1.14%$6M309.0K
29HSICHenry Schein Inchistory →COM1.06%$5M91.3K
30YUSDAlleghany Corporationhistory →COM1.01%$5M10.4K
31AZZAZZ IncCOM0.95%$5M139.4K
32FMCFMC CorporationCOM0.94%$5M47.5K
33EPACEnerpac Tool Group CorporationCOM0.81%$4M231.4K
34Viemed Healthcare, IncCOM0.80%$4M418.6K
35CNKCinemark Holdings IncCOM0.78%$4M340.3K

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 ↗.