SEC 13F Intelligence

Managers / Q1 2025 · view latest →

Cove Street Capital, LLC

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

Reported Value
$64M
Q1 2025
Positions
98
Filings on Record
29
2019–present window
Filed
May 15, 2025
original filing

Summary

Cove Street Capital, LLC reported $64M in U.S.-listed holdings across 98 positions for Q1 2025.

Its largest position, AVD, represents 7.7% of the portfolio.

Compared with Q4 2024, the fund opened 13 new positions and exited 9.

Portfolio Metrics

Turnover
+9.4%
vs prior filed quarter
Top-10 Concentration
+44.8%
share of reported value
Largest Position
+7.7%
American Vanguard
New / Exited
13 / 9
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, with multiple share classes and repeated sub-manager rows for the same issuer combined into one position — the same rule the holdings table uses by default. 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: 93.8%ETP: 3.0%Other: 1.7%ADR: 0.9%REIT: 0.5%MLP: 0.1%
  • Common Stock · 93.8% · $60M
  • ETP · 3.0% · $2M
  • Other · 1.7% · $1M
  • ADR · 0.9% · $575,912
  • REIT · 0.5% · $301,895
  • MLP · 0.1% · $54,560

Quarter-over-Quarter Changes full breakdown →

vs Q4 2024 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
WEXWEX INCNEW+11.0K11.0K+$2M$2M
ANIKANIKA THERAPEUTICS INCNEW+74.9K74.9K+$1M$1M
NABLN-ABLE INCNEW+65.1K65.1K+$461,836$461,836
NVRIENVIRI CORPNEW+68.9K68.9K+$458,338$458,338
ATROASTRONICS CORPNEW+16.6K16.6K+$400,134$400,134
IDVISHARES TRNEW+12.3K12.3K+$380,460$380,460
AVNSAVANOS MED INCNEW+22.2K22.2K+$318,069$318,069
RFIXSIMPLIFY EXCHANGE TRADED FUNNEW+1.3K1.3K+$69,604$69,604

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

Holdings — Q1 2025

94 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1AVDAMERICAN VANGUARD CORPhistory →COM7.74%$5M1.12M
2ECVTECOVYST INChistory →COM6.21%$4M638.1K
3RSSSRESEARCH SOLUTIONS INChistory →COM5.49%$3M1.35M
4PPLIIAC INChistory →COM NEW5.15%$3M71.4K
5WBDWARNER BROS DISCOVERY INChistory →COM SER A4.39%$3M260.8K
6AAPADVANCE AUTO PARTS INChistory →COM3.35%$2M54.4K
7SSPSCRIPPS E W CO OHIOhistory →CL A NEW3.28%$2M705.4K
8VSATVIASAT INChistory →COM3.23%$2M197.4K
9SNEXSTONEX GROUP INChistory →COM3.20%$2M26.7K
10TIPTTIPTREE INChistory →COM2.76%$2M73.0K
11WEXWEX INChistory →COM2.70%$2M11.0K
12KMIKINDER MORGAN INC DELhistory →COM2.69%$2M59.9K
13BRK/BBERKSHIRE HATHAWAY INC DELhistory →CL B NEW2.50%$2M3.0K
14FMCFMC CORPhistory →COM NEW2.38%$2M35.9K
15NEUNEWMARKET CORPhistory →COM2.27%$1M2.5K
16CLVTCLARIVATE PLChistory →ORD SHS2.13%$1M345.6K
17TFPMTRIPLE FLAG PRECIOUS METALhistory →COM2.10%$1M69.8K
18ENOVENOVIS CORPORATIONhistory →COM2.00%$1M33.4K
19CMPCOMPASS MINERALS INTL INChistory →COM1.97%$1M135.0K
20SCHWSCHWAB CHARLES CORPhistory →COM1.93%$1M15.7K
21GBLIGLOBAL INDEMNITY GROUP LLChistory →COM CL A1.92%$1M35.4K
22WFCWELLS FARGO CO NEWCOM · PERP PFD CNV A1.80%$1M14.1K
23INFUINFUSYSTEM HLDGS INChistory →COM1.78%$1M210.3K
24ANIKANIKA THERAPEUTICS INChistory →COM1.77%$1M74.9K
25BNYBANK NEW YORK MELLON CORPhistory →COM1.76%$1M13.3K
26VMDVIEMED HEALTHCARE INChistory →COM1.62%$1M141.6K
27CLARCLARUS CORP NEWhistory →COM1.59%$1M270.3K
28WHITE MTNS INS GROUP LTDCOM1.49%$945,573491
29CLMBCLIMB GLOBAL SOLUTIONS INChistory →COM1.43%$909,2428.2K
30MTBASIMPLIFY EXCHANGE TRADED FUNMBS ETF · DOWNSIDE INTERES1.26%$801,64815.9K
31OXYOCCIDENTAL PETE CORPhistory →COM1.03%$658,70913.3K
32IDVISHARES TRINTL SEL DIV ETF · FLTG RATE NT ETF · PFD AND INCM SEC0.94%$600,32518.0K
33BTIBRITISH AMERN TOB PLCSPONSORED ADR0.90%$575,91213.9K
34NABLN-ABLE INCCOMMON STOCK0.73%$461,83665.1K
35NVRIENVIRI CORPCOM0.72%$458,33868.9K
36VTSVITESSE ENERGY INCCOMMON STOCK0.67%$427,86617.4K
37FUNSIX FLAGS ENTERTAINMENT CORPCOM0.65%$415,97611.7K
38ATROASTRONICS CORPCOM0.63%$400,13416.6K
39SPDR SER TRPORTFOLIO AGRGTE0.57%$359,83214.1K
40AVNSAVANOS MED INCCOM0.50%$318,06922.2K
41RDVTRED VIOLET INCCOM0.49%$312,1108.3K
42PKEPARK AEROSPACE CORPCOM0.48%$305,35522.7K
43KBRKBR INCCOM0.45%$288,8985.8K
44AAPLAPPLE INCCOM0.42%$266,5561.2K
45CTOCTO RLTY GROWTH INC NEWCOM0.39%$245,44112.7K
46SGUSTAR GROUP L PUNIT LTD PARTNR0.38%$243,83018.5K
47GOOGLALPHABET INCCAP STK CL A0.36%$231,9601.5K
48MSFTMICROSOFT CORPCOM0.35%$225,234600
49ABBVABBVIE INCCOM0.33%$209,5201.0K
50AMZNAMAZON COM INCCOM0.32%$201,6761.1K
51AVGOBROADCOM INCCOM0.32%$200,9161.2K
52CTASCINTAS CORPCOM0.30%$193,198940
53CVXCHEVRON CORP NEWCOM0.26%$167,2901.0K
54GBDCGOLUB CAP BDC INCCOM0.26%$164,01210.8K
55BNY MELLON MUN INCOME INCCOM0.25%$160,24322.3K
56PMPHILIP MORRIS INTL INCCOM0.25%$158,7301.0K
57JAAAJANUS DETROIT STR TRHENDRSON AAA CL0.22%$136,9172.7K
58ISRGINTUITIVE SURGICAL INCCOM NEW0.21%$133,723270
59ABTABBOTT LABSCOM0.21%$132,6501.0K
60MPCMARATHON PETE CORPCOM0.20%$124,565855
61WSOWATSCO INCCOM0.19%$121,992240
62ROPROPER TECHNOLOGIES INCCOM0.15%$97,258165
63VVISA INCCOM CL A0.15%$96,377275
64PGRPROGRESSIVE CORPCOM0.14%$89,148315
65TMOTHERMO FISHER SCIENTIFIC INCCOM0.14%$87,080175
66HDHOME DEPOT INCCOM0.13%$80,628220
67CBCHUBB LIMITEDCOM0.12%$78,517260
68IDXXIDEXX LABS INCCOM0.12%$75,591180
69CHDCHURCH & DWIGHT CO INCCOM0.11%$71,559650
70ETNEATON CORP PLCSHS0.11%$70,676260
71DHRDANAHER CORPORATIONCOM0.10%$64,575315
72GECCGREAT ELM CAP CORPCOM NEW0.10%$62,1596.1K
73TERTERADYNE INCCOM0.09%$59,472720
74PLDPROLOGIS INC.COM0.09%$56,454505
75LMTLOCKHEED MARTIN CORPCOM0.09%$55,839125
76ARLPALLIANCE RESOURCE PARTNERS LUT LTD PART0.09%$54,5602.0K
77EXMOCEXXON MOBIL CORPCOM0.08%$53,875453
78ZBRAZEBRA TECHNOLOGIES CORPORATICL A0.08%$50,861180
79UNHUNITEDHEALTH GROUP INCCOM0.07%$47,13890
80TGTREDEGAR CORPCOM0.02%$14,0831.8K
81ISSCINNOVATIVE SOLUTIONS & SUPPOCOM0.02%$13,2972.1K
82BOCBOSTON OMAHA CORPCL A COM STK0.02%$12,539860
83HQIHIREQUEST INCCOM0.02%$10,079847
84GEGGREAT ELM GROUP INCCOM NEW0.02%$10,0595.3K
85EMLEASTERN COCOM0.02%$10,052397
86SIFSIFCO INDS INCCOM0.01%$8,2583.0K
87BRNBARNWELL INDS INCCOM0.01%$6,1923.8K
88IIIVI3 VERTICALS INCCOM CL A0.01%$5,847237
89POCIPRECISION OPTICS CORP INC MACOM NEW0.01%$5,2041.3K
90UTMDUTAH MED PRODS INCCOM0.01%$4,87587
91CCOCLEAR CHANNEL OUTDOOR HLDGSCOM0.01%$4,6004.1K
92OUTFRONT MEDIA INCCOM0.00%$38722
93RRXREGAL REXNORD CORPORATIONCOM0.00%$1141
94LIONS GATE ENTMNT CORPCL B NON VTG0.00%$81

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 ↗.