SEC 13F Intelligence

Managers / Q4 2020 · view latest →

Cove Street Capital, LLC

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

Reported Value
$565M
Q4 2020
Positions
114
Filings on Record
29
2019–present window
Filed
Feb 16, 2021
original filing

Summary

Cove Street Capital, LLC reported $565M in U.S.-listed holdings across 114 positions for Q4 2020.

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

Compared with Q3 2020, the fund opened 14 new positions and exited 8.

Portfolio Metrics

Turnover
+15.2%
vs prior filed quarter
Top-10 Concentration
+35.5%
share of reported value
Largest Position
+4.8%
Viasat
New / Exited
14 / 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
Other: 59.7%Common Stock: 38.9%Tracking Stk: 1.2%PUBLIC: 0.1%
  • Other · 59.7% · $338M
  • Common Stock · 38.9% · $220M
  • Tracking Stk · 1.2% · $7M
  • PUBLIC · 0.1% · $720,000

Quarter-over-Quarter Changes full breakdown →

vs Q3 2020 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
LUMNLumen Technologies IncNEW+946.9K946.9K+$9M$9M
GEGGreat Elm Group IncNEW+1.69M1.69M+$5M$5M
07SSecureWorks CorporationNEW+257.8K257.8K+$4M$4M
SNDACapital Senior Living CorporationNEW+133.5K133.5K+$2M$2M
HWMHowmet Aerospace IncNEW+42.7K42.7K+$1M$1M
Hallmark Financial Services IncNEW+141.0K141.0K+$502,000$502,000
Blueknight Energy PartnersNEW+52.7K52.7K+$359,000$359,000
Qurate Retail Inc PreferredNEW+3.4K3.4K+$334,000$334,000

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

Holdings — Q4 2020

36 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1ViaSat IncCOM6.33%$36M1.10M
2Compass Minerals InternationalCOM5.75%$32M526.3K
3Millicom International CellularCOM5.72%$32M833.9K
4PQ Group Holdings IncCOM5.58%$32M2.21M
5Colfax CorporationCOM5.04%$28M744.7K
6SSPE.W. Scripps Companyhistory →COM4.99%$28M1.84M
7GP Strategies CorporationCOM4.10%$23M1.95M
8White Mountains Insurance GroupCOM4.02%$23M22.7K
9AZZAZZ INChistory →COM3.13%$18M373.1K
10SNEXStoneX Group Inchistory →COM2.98%$17M290.6K
11K6BKBR Inchistory →COM2.97%$17M543.6K
12SXIStandex International Corporationhistory →COM2.57%$15M187.1K
13Avid Technology IncCOM2.36%$13M839.0K
14CVLTCommVault Systems Inchistory →COM1.96%$11M200.5K
15Six Flags Entertainment CorporationCOM1.92%$11M317.9K
16SKAASkechers U.S.A. Inc CL Ahistory →COM1.86%$11M292.7K
17Macquarie Infrastructure CorporationCOM1.79%$10M269.3K
18LUMNLumen Technologies Inchistory →COM1.63%$9M946.9K
19Acuity Brands IncCOM1.59%$9M74.4K
20TEGNA IncCOM1.59%$9M643.2K
21Phibro Animal Health CorporationCOM1.58%$9M460.4K
22Heritage-Crystal Clean IncCOM1.54%$9M413.3K
23LDELandec Corporationhistory →COM1.54%$9M800.0K
24TRNSTranscat Inchistory →COM1.33%$7M216.2K
25GCP Applied Technologies IncCOM1.31%$7M313.0K
26Avanos Medical IncCOM1.30%$7M160.6K
27Liberty SiriusXM Group - ACOM1.20%$7M156.8K
28UFPTUFP Technologies Inchistory →COM1.18%$7M143.2K
29YUSDAlleghany Corporationhistory →COM1.15%$7M10.8K
30HSICHenry Schein IncCOM0.95%$5M80.2K
31FMCFMC CorporationCOM0.82%$5M40.5K
32Viemed Healthcare IncCOM0.79%$4M575.7K
33Global Indemnity Group LLCCOM0.75%$4M148.2K
34GEGGreat Elm Group IncCOM0.74%$4M1.45M
35BRK/BBerkshire Hathaway Inc CL BCOM0.71%$4M17.4K
36Axalta Coating Systems LtdCOM0.70%$4M138.3K

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 ↗.