SEC 13F Intelligence

Managers / Q3 2020 · view latest →

Cove Street Capital, LLC

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

Reported Value
$528M
Q3 2020
Positions
111
Filings on Record
29
2019–present window
Filed
Nov 13, 2020
original filing

Summary

Cove Street Capital, LLC reported $528M in U.S.-listed holdings across 111 positions for Q3 2020.

Its largest position, Viasat, represents 4.8% of the portfolio.

Compared with Q2 2020, the fund opened 13 new positions and exited 13.

Portfolio Metrics

Turnover
+19.2%
vs prior filed quarter
Top-10 Concentration
+32.6%
share of reported value
Largest Position
+4.8%
Viasat
New / Exited
13 / 13
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: 62.3%Common Stock: 36.6%Tracking Stk: 1.1%PUBLIC: 0.1%
  • Other · 62.3% · $329M
  • Common Stock · 36.6% · $193M
  • Tracking Stk · 1.1% · $6M
  • PUBLIC · 0.1% · $388,000

Quarter-over-Quarter Changes full breakdown →

vs Q2 2020 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
SNEXStoneX Group IncNEW+325.8K325.8K+$17M$17M
PQ Group Holdings IncNEW+1.58M1.58M+$16M$16M
K6BKBR IncNEW+469.0K469.0K+$10M$10M
GCP Applied Technologies IncNEW+444.9K444.9K+$9M$9M
Cinemark Holdings IncNEW+454.9K454.9K+$5M$5M
Global Indemnity Group LLCNEW+148.6K148.6K+$3M$3M
FLIRFLIR Systems IncNEW+39.0K39.0K+$1M$1M
AGNC Investment Corp 6.125NEW+40.0K40.0K+$885,000$885,000

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

Holdings — Q3 2020

34 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1Compass Minerals InternationalCOM6.81%$36M606.1K
2ViaSat IncCOM6.79%$36M1.04M
3Millicom International CellularCOM5.49%$29M958.6K
4Macquarie Infrastructure CorporationCOM5.12%$27M1.01M
5GP Strategies CorporationCOM4.72%$25M2.58M
6Colfax CorporationCOM4.64%$25M781.3K
7SSPE.W. Scripps Companyhistory →COM4.31%$23M1.99M
8SNEXStoneX Group Inchistory →COM3.15%$17M325.8K
9PQ Group Holdings IncCOM3.06%$16M1.58M
10TPRTapestry Inchistory →COM2.68%$14M905.7K
11CVLTCommVault Systems Inchistory →COM2.65%$14M342.6K
12Avid Technology IncCOM2.58%$14M1.59M
13Avanos Medical IncCOM2.52%$13M400.7K
14SKAASkechers U.S.A. Inc CL Ahistory →COM2.43%$13M425.6K
15AZZAZZ INChistory →COM2.31%$12M357.9K
16SXIStandex International Corporationhistory →COM2.31%$12M206.0K
17Acuity Brands IncCOM1.75%$9M90.3K
18TEGNA IncCOM1.45%$8M652.7K
19Phibro Animal Health CorporationCOM1.37%$7M417.1K
20WPX Energy IncCOM1.30%$7M1.40M
21K6BKBR Inchistory →COM1.26%$7M297.1K
22Six Flags Entertainment CorporationCOM1.25%$7M324.7K
23GCP Applied Technologies IncCOM1.15%$6M290.7K
24JT5Mueller Water Products Inc Ahistory →COM1.15%$6M585.8K
25Spectrum Brands Holdings IncCOM1.11%$6M102.7K
26CTLEURLumen Technologies Inchistory →COM1.11%$6M579.1K
27UFPTUFP Technologies Inchistory →COM1.10%$6M139.9K
28TRNSTranscat Inchistory →COM1.10%$6M197.5K
29Liberty SiriusXM Group - ACOM1.04%$5M165.4K
30Heritage-Crystal Clean IncCOM1.03%$5M406.4K
31YUSDAlleghany Corporationhistory →COM1.02%$5M10.4K
32HSICHenry Schein IncCOM0.98%$5M87.8K
33FMCFMC CorporationCOM0.85%$4M42.4K
34LDELandec CorporationCOM0.75%$4M408.4K

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 ↗.