SEC 13F Intelligence

Managers / Q2 2025 · view latest →

Cove Street Capital, LLC

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

Reported Value
$68M
Q2 2025
Positions
97
Filings on Record
29
2019–present window
Filed
Aug 14, 2025
original filing

Summary

Cove Street Capital, LLC reported $68M in U.S.-listed holdings across 97 positions for Q2 2025.

Its largest position, AVD, represents 7.2% of the portfolio.

Compared with Q1 2025, the fund opened 10 new positions and exited 11.

Portfolio Metrics

Turnover
+14.4%
vs prior filed quarter
Top-10 Concentration
+42.7%
share of reported value
Largest Position
+7.2%
American Vanguard
New / Exited
10 / 11
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: 90.3%ETP: 4.1%REIT: 2.8%Other: 1.6%ADR: 1.0%Other: 0.3%
  • Common Stock · 90.3% · $62M
  • ETP · 4.1% · $3M
  • REIT · 2.8% · $2M
  • Other · 1.6% · $1M
  • ADR · 1.0% · $658,881
  • Other · 0.3% · $186,773

Quarter-over-Quarter Changes full breakdown →

vs Q1 2025 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
OUTOUTFRONT MEDIA INCNEW+111.1K111.1K+$2M$2M
ANGIANGI INCNEW+101.7K101.7K+$2M$2M
PIMCO ETF TRNEW+11.4K11.4K+$505,425$505,425
IZEAIZEA WORLDWIDE INCNEW+177.1K177.1K+$446,252$446,252
VANGUARD SCOTTSDALE FDSNEW+5.0K5.0K+$298,950$298,950
USBUS BANCORP DELNEW+6.2K6.2K+$280,641$280,641
NRCIAEURNATIONAL RESH CORPNEW+3.2K3.2K+$54,230$54,230
MGPIMGP INGREDIENTS INC NEWNEW+415415+$12,438$12,438

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

Holdings — Q2 2025

93 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1AVDAMERICAN VANGUARD CORPhistory →COM7.18%$5M1.25M
2ECVTECOVYST INChistory →COM6.88%$5M569.7K
3RSSSRESEARCH SOLUTIONS INChistory →COM5.63%$4M1.34M
4VSATVIASAT INChistory →COM5.54%$4M258.8K
5SNEXSTONEX GROUP INChistory →COM3.44%$2M25.8K
6WBDWARNER BROS DISCOVERY INChistory →COM SER A3.24%$2M192.6K
7WEXWEX INChistory →COM2.77%$2M12.9K
8SSPSCRIPPS E W CO OHIOhistory →CL A NEW2.74%$2M631.7K
9OUTOUTFRONT MEDIA INChistory →COM NEW2.66%$2M111.1K
10KMIKINDER MORGAN INC DELhistory →COM2.58%$2M59.9K
11AWNADVANCE AUTO PARTS INChistory →COM2.56%$2M37.6K
120J7QIAC INChistory →COM NEW2.56%$2M46.8K
13NEUNEWMARKET CORPhistory →COM2.56%$2M2.5K
14CLMBCLIMB GLOBAL SOLUTIONS INChistory →COM2.45%$2M15.6K
15IIIVI3 VERTICALS INChistory →COM CL A2.35%$2M58.4K
16ANGIANGI INChistory →CL A NEW2.28%$2M101.7K
17FMCFMC CORPhistory →COM NEW2.18%$1M35.6K
18INFUINFUSYSTEM HLDGS INChistory →COM2.13%$1M232.3K
19CMPCOMPASS MINERALS INTL INChistory →COM2.11%$1M71.5K
20SCHWSCHWAB CHARLES CORPhistory →COM2.10%$1M15.7K
21ENOVENOVIS CORPORATIONhistory →COM2.04%$1M44.4K
22WFCWELLS FARGO CO NEWCOM · PERP PFD CNV A1.85%$1M14.1K
23BNYBANK NEW YORK MELLON CORPhistory →COM1.78%$1M13.3K
24CCOCLEAR CHANNEL OUTDOOR HLDGShistory →COM1.76%$1M1.03M
25TFPMTRIPLE FLAG PRECIOUS METALhistory →COM1.73%$1M49.8K
26BRK/BBERKSHIRE HATHAWAY INC DELhistory →CL B NEW1.63%$1M2.3K
27VMDVIEMED HEALTHCARE INChistory →COM1.42%$964,781139.6K
28CLARCLARUS CORP NEWhistory →COM1.36%$929,367267.8K
29WHITE MTNS INS GROUP LTDCOM1.25%$851,171474
30SIMPLIFY EXCHANGE TRADED FUNMBS ETF · BOND BULL ETF1.17%$794,56915.9K
31ANIKANIKA THERAPEUTICS INChistory →COM1.15%$783,96774.1K
32ISHARES TRINTL SEL DIV ETF · FLTG RATE NT ETF · PFD AND INCM SEC1.07%$729,65519.7K
33BMTABRITISH AMERN TOB PLCSPONSORED ADR0.97%$658,88113.9K
34TIPTTIPTREE INCCOM0.84%$573,34824.3K
35OXYOCCIDENTAL PETE CORPCOM0.82%$560,62313.3K
36GBLIGLOBAL INDEMNITY GROUP LLCCOM CL A0.82%$556,51517.7K
37NABLN-ABLE INCCOMMON STOCK0.76%$520,69264.3K
38PIMCO ETF TRMUNI INCOME OPP0.74%$505,42511.4K
39IZEAIZEA WORLDWIDE INCCOM NEW0.65%$446,252177.1K
40RDVTRED VIOLET INCCOM0.57%$387,9427.9K
41SPDR SER TRPORTFOLIO AGRGTE0.53%$360,81914.1K
42FUNSIX FLAGS ENTERTAINMENT CORPCOM0.50%$343,40311.3K
43AVGOBROADCOM INCCOM0.49%$330,7801.2K
44PKEPARK AEROSPACE CORPCOM0.47%$319,22421.6K
45VANGUARD SCOTTSDALE FDSINTER TERM TREAS0.44%$298,9505.0K
46MSFTMICROSOFT CORPCOM0.44%$298,446600
47USBUS BANCORP DELCOM NEW0.41%$280,6416.2K
48K6BKBR INCCOM0.41%$278,0525.8K
49GOOGLALPHABET INCCAP STK CL A0.39%$264,3451.5K
50AVNSAVANOS MED INCCOM0.38%$258,48421.1K
51AAPLAPPLE INCCOM0.36%$246,2041.2K
52AMZNAMAZON COM INCCOM0.34%$232,5531.1K
53CITCINTAS CORPCOM0.31%$209,498940
54SGUSTAR GROUP L PUNIT LTD PARTNR0.30%$204,75017.5K
554I1PHILIP MORRIS INTL INCCOM0.27%$182,1301.0K
56ABBVABBVIE INCCOM0.22%$148,496800
57ISRGINTUITIVE SURGICAL INCCOM NEW0.22%$146,721270
58MPCMARATHON PETE CORPCOM0.21%$142,024855
59VTSVITESSE ENERGY INCCOMMON STOCK0.19%$130,3315.9K
60CHVCHEVRON CORP NEWCOM0.17%$114,552800
61ABTABBOTT LABSCOM0.16%$108,808800
62WSOWATSCO INCCOM0.16%$105,989240
63VVISA INCCOM CL A0.14%$97,639275
64IDXXIDEXX LABS INCCOM0.14%$96,541180
65JANUS DETROIT STR TRHENDRSON AAA CL0.14%$96,4251.9K
66ROPROPER TECHNOLOGIES INCCOM0.14%$93,540165
67EATON CORP PLCSHS0.14%$92,817260
68PGRPROGRESSIVE CORPCOM0.12%$84,061315
69HDHOME DEPOT INCCOM0.12%$80,661220
70CHUBB LIMITEDCOM0.11%$75,327260
71CTOCTO RLTY GROWTH INC NEWCOM0.11%$72,3914.2K
72TMOTHERMO FISHER SCIENTIFIC INCCOM0.10%$70,956175
73GECCGREAT ELM CAP CORPCOM NEW0.10%$64,7826.1K
74TERTERADYNE INCCOM0.09%$64,742720
75CHDCHURCH & DWIGHT CO INCCOM0.09%$62,472650
76DHRDANAHER CORPORATIONCOM0.09%$62,225315
77LMTLOCKHEED MARTIN CORPCOM0.08%$57,893125
78ZBRAZEBRA TECHNOLOGIES CORPORATICL A0.08%$55,505180
79NRCIAEURNATIONAL RESH CORPCOM NEW0.08%$54,2303.2K
80PLDPROLOGIS INC.COM0.08%$53,086505
81ARLPALLIANCE RESOURCE PARTNERS LUT LTD PART0.08%$52,2802.0K
82EXMOCEXXON MOBIL CORPCOM0.07%$48,833453
83CLARIVATE PLCORD SHS0.07%$46,59910.8K
84SIFSIFCO INDS INCCOM0.03%$17,3824.7K
85TGTREDEGAR CORPCOM0.02%$16,0951.8K
86MGPIMGP INGREDIENTS INC NEWCOM0.02%$12,438415
87BOCBOSTON OMAHA CORPCL A COM STK0.02%$12,074860
88ISSCINNOVATIVE SOLUTIONS & SUPPOCOM0.02%$12,034867
89HA7ENVIRI CORPCOM0.01%$6,501749
90POCIPRECISION OPTICS CORP INC MACOM NEW0.01%$6,1071.3K
91GDENGOLDEN ENTMT INCCOM0.01%$5,827198
92UTMUTAH MED PRODS INCCOM0.01%$4,95287
93RHLDRESOLUTE HLDGS MGMT INCCOM0.01%$4,812151

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 ↗.