SEC 13F Intelligence

Managers / Q1 2024 · view latest →

Cove Street Capital, LLC

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

Reported Value
$316M
Q1 2024
Positions
105
Filings on Record
29
2019–present window
Filed
May 7, 2024
original filing

Summary

Cove Street Capital, LLC reported $316M in U.S.-listed holdings across 105 positions for Q1 2024.

Its largest position, 0J7Q, represents 3.8% of the portfolio.

Compared with Q4 2023, the fund opened 8 new positions and exited 7.

Portfolio Metrics

Turnover
+15.0%
vs prior filed quarter
Top-10 Concentration
+28.5%
share of reported value
Largest Position
+3.8%
Iac
New / Exited
8 / 7
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: 88.7%Other: 10.9%ETP: 0.3%REIT: 0.1%PUBLIC: 0.0%Other: 0.0%
  • Common Stock · 88.7% · $280M
  • Other · 10.9% · $34M
  • ETP · 0.3% · $1M
  • REIT · 0.1% · $227,198
  • PUBLIC · 0.0% · $139,035
  • Other · 0.0% · $85

Quarter-over-Quarter Changes full breakdown →

vs Q4 2023 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
PS1COMPUTER PROGRAMS & SYS INCNEW+733.4K733.4K+$7M$7M
PKEPARK AEROSPACE CORPNEW+357.3K357.3K+$6M$6M
RDVTRED VIOLET INCNEW+275.0K275.0K+$5M$5M
ADMARCHER DANIELS MIDLAND CONEW+28.8K28.8K+$2M$2M
SIMPLIFY EXCHANGE TRADED FUNNEW+7.7K7.7K+$392,007$392,007
SPDR SER TRNEW+14.1K14.1K+$356,660$356,660
ISHARES TRNEW+3.5K3.5K+$112,805$112,805
JANUS DETROIT STR TRNEW+1.9K1.9K+$96,406$96,406

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

Holdings — Q1 2024

33 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
10J7QIAC INChistory →COM7.21%$23M427.3K
2ECVTECOVYST INChistory →COM6.49%$21M1.84M
3WHITE MTNS INS GROUP LTDCOM5.71%$18M10.1K
4SSPSCRIPPS E W CO OHIOhistory →COM4.60%$15M3.70M
5VSATVIASAT INChistory →COM4.39%$14M766.8K
6OUTFRONT MEDIA INCCOM4.34%$14M816.1K
7CLMBCLIMB GLOBAL SOLUTIONS INChistory →COM3.49%$11M155.4K
8RSSSRESEARCH SOLUTIONS INChistory →COM3.43%$11M3.43M
9K6BKBR INChistory →COM3.28%$10M162.8K
10SIXEURSIX FLAGS ENTMT CORP NEWhistory →COM3.23%$10M387.8K
11ENOVENOVIS CORPORATIONhistory →COM3.14%$10M159.0K
12AVDAMERICAN VANGUARD CORPhistory →COM2.91%$9M709.3K
13VMDVIEMED HEALTHCARE INChistory →COM2.67%$8M893.8K
14VTSVITESSE ENERGY INChistory →COM2.64%$8M351.4K
15TFPMTRIPLE FLAG PRECIOUS METALhistory →COM2.47%$8M541.3K
16CNXCNX RES CORPhistory →COM2.42%$8M322.7K
17TIPTTIPTREE INChistory →COM2.32%$7M423.8K
18PS1COMPUTER PROGRAMS & SYS INChistory →COM1.52%$5M522.1K
19NEUNEWMARKET CORPhistory →COM1.49%$5M7.4K
20AMSWAUSDAMER SOFTWARE INChistory →COM1.41%$4M388.9K
21RDVTRED VIOLET INChistory →COM1.40%$4M226.9K
22LDELIFECORE BIOMEDICAL INChistory →COM1.39%$4M825.9K
23MPAAMOTORCAR PTS AMER INChistory →COM1.33%$4M524.1K
24SNEXSTONEX GROUP INChistory →COM1.30%$4M58.4K
25PKEPARK AEROSPACE CORPhistory →COM1.29%$4M245.8K
26WBDWARNER BROS DISCOVERY INChistory →COM1.25%$4M452.8K
27DLHCDLH HLDGS CORPhistory →COM1.10%$3M262.2K
28CMPCOMPASS MINERALS INTL INChistory →COM1.03%$3M206.0K
2907SSECUREWORKS CORPCOM0.99%$3M464.2K
30DVNDEVON ENERGY CORP NEWCOM0.88%$3M55.5K
31LGF/BEURLIONS GATE ENTMNT CORPCOM0.85%$3M287.1K
32AXALTA COATING SYS LTDCOM0.84%$3M77.5K
33INFUINFUSYSTEM HLDGS INCCOM0.78%$2M289.0K

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 ↗.