Latest Cove Street Capital, LLC Stock Portfolio
Cove Street Capital, LLC Performance:
2024 Q3: -1.43%YTD: -11.47%2023: 5.39%
Performance for 2024 Q3 is -1.43%, and YTD is -11.47%, and 2023 is 5.39%.
About Cove Street Capital, LLC and 13F Hedge Fund Stock Holdings
In it's latest 13F Holdings report, Cove Street Capital, LLC reported an equity portfolio of $127.7 Millions as of 30 Sep, 2024.
The top stock holdings of Cove Street Capital, LLC are IAC, RSSS, CMP. The fund has invested 5.6% of it's portfolio in IAC INC and 5.6% of portfolio in RESEARCH SOLUTIONS INC.
The fund managers got completely rid off SIX FLAGS ENTMT CORP NEW (SIX), LIBERTY TRIPADVISOR HOLDINGS (LTRPA) and BUTLER NATL ORD (BUKS) stocks. They significantly reduced their stock positions in REGAL REXNORD CORPORATION (RRX), LIFECORE BIOMEDICAL INC and CLIMB GLOBAL SOLUTIONS INC (WSTG). Cove Street Capital, LLC opened new stock positions in CEDAR FAIR L P, SIMPLIFY EXCHANGE TRADED FUN (AGGH) and OCCIDENTAL PETE CORP (OXY). The fund showed a lot of confidence in some stocks as they added substantially to GOLUB CAP BDC INC (GBDC), COMPASS MINERALS INTL INC (CMP) and AMERICAN VANGUARD CORP (AVD).
The top stock holdings of Cove Street Capital, LLC are IAC, RSSS, CMP. The fund has invested 5.6% of it's portfolio in IAC INC and 5.6% of portfolio in RESEARCH SOLUTIONS INC.
The fund managers got completely rid off SIX FLAGS ENTMT CORP NEW (SIX), LIBERTY TRIPADVISOR HOLDINGS (LTRPA) and BUTLER NATL ORD (BUKS) stocks. They significantly reduced their stock positions in REGAL REXNORD CORPORATION (RRX), LIFECORE BIOMEDICAL INC and CLIMB GLOBAL SOLUTIONS INC (WSTG). Cove Street Capital, LLC opened new stock positions in CEDAR FAIR L P, SIMPLIFY EXCHANGE TRADED FUN (AGGH) and OCCIDENTAL PETE CORP (OXY). The fund showed a lot of confidence in some stocks as they added substantially to GOLUB CAP BDC INC (GBDC), COMPASS MINERALS INTL INC (CMP) and AMERICAN VANGUARD CORP (AVD).
Cove Street Capital, LLC Annual Return Estimates Vs S&P 500
Our best estimate is that Cove Street Capital, LLC made a return of -1.43% in the last quarter. In trailing 12 months, it's portfolio return was -3.14%.
New Buys
| Ticker | $ Bought |
|---|---|
| cedar fair l p | 1,158,580 |
| simplify exchange traded fun | 751,608 |
| occidental pete corp | 693,728 |
| clarus corp new | 473,994 |
| spdr ser tr | 368,574 |
| apple inc | 337,850 |
| microsoft corp | 292,604 |
| alphabet inc | 248,775 |
New stocks bought by Cove Street Capital, LLC
Additions
| Ticker | % Inc. |
|---|---|
| golub cap bdc inc | 333 |
| compass minerals intl inc | 109 |
| american vanguard corp | 67.16 |
| advance auto parts inc | 51.89 |
| hallador energy company | 44.37 |
| berkshire hathaway inc del | 9.61 |
| global indemnity group llc | 8.24 |
| viemed healthcare inc | 8.13 |
Additions to existing portfolio by Cove Street Capital, LLC
Reductions
| Ticker | % Reduced |
|---|---|
| regal rexnord corporation | -99.98 |
| lifecore biomedical inc | -99.96 |
| climb global solutions inc | -67.79 |
| devon energy corp new | -62.76 |
| lions gate entmnt corp | -50.00 |
| vitesse energy inc | -47.54 |
| tripadvisor inc | -42.91 |
| cnx res corp | -39.58 |
Cove Street Capital, LLC reduced stake in above stock
Sold off
| Ticker | $ Sold |
|---|---|
| liberty tripadvisor holdings | -1,290,000 |
| butler natl ord | -856,000 |
| ieh ord | -839,000 |
| six flags entmt corp new | -2,103,000 |
| agnc investment corp | -304,000 |
| trimble inc | -611,000 |
| frmo corporation | -82,000 |
| hamilton thorne ord | -8,000 |
Cove Street Capital, LLC got rid off the above stocks
Sector Distribution
Cove Street Capital, LLC has about 17.3% of it's holdings in Technology sector.
| Sector | % |
|---|---|
| Technology | 17.3 |
| Basic Materials | 16.9 |
| Financial Services | 14.4 |
| Communication Services | 13 |
| Others | 8.8 |
| Healthcare | 5.5 |
| Consumer Cyclical | 5.4 |
| Industrials | 5.1 |
| Energy | 5.1 |
| Real Estate | 4.9 |
| 2.2 | |
| Consumer Defensive | 1.4 |
Market Cap. Distribution
Cove Street Capital, LLC has about 13.7% of it's portfolio invested in the large-cap and mega-cap stocks.
| Category | % |
|---|---|
| MID-CAP | 33.7 |
| MICRO-CAP | 24.4 |
| SMALL-CAP | 19.4 |
| LARGE-CAP | 12 |
| UNALLOCATED | 8.8 |
| MEGA-CAP | 1.7 |
Stocks belong to which Index?
About 53.9% of the stocks held by Cove Street Capital, LLC either belong to S&P 500 or RUSSELL 2000 index.
| Index | % |
|---|---|
| Others | 46.1 |
| RUSSELL 2000 | 38.9 |
| S&P 500 | 15 |
Cove Street Capital, LLC Holdings Map
This heatmap illustrates the top 50 positions within the fund's portfolio.
Current Stock Holdings of Cove Street Capital, LLC
Cove Street Capital, LLC has 97 stocks in it's portfolio. About 43.8% of the portfolio is in top 10 stocks. SSP proved to be the most loss making stock for the portfolio. WSTG was the most profitable stock for Cove Street Capital, LLC last quarter.
Last Reported on: 12 Nov, 2024| Ticker | Namesorted ascending | % Portfolio | Shares Held | $ Value | Type | % Change | Options | |
|---|---|---|---|---|---|---|---|---|
| AAP | advance auto parts inc | 3.00 | 98,406 | 3,836,850 | added | 51.89 | ||
| AAPL | apple inc | 0.26 | 1,450 | 337,850 | new | |||
| AAXJ | ishares tr | 0.09 | 3,500 | 116,305 | new | |||
| ABBV | abbvie inc | 0.16 | 1,000 | 197,480 | unchanged | 0.00 | ||
| ABT | abbott labs | 0.09 | 1,000 | 114,010 | unchanged | 0.00 | ||
| ACGLN | arch capital group ltd | 0.00 | 0.00 | 0.00 | sold off | -100 | ||
| ADBE | adobe inc | 0.08 | 205 | 106,145 | new | |||
| ADM | archer daniels midland co | 1.23 | 26,319 | 1,572,300 | unchanged | 0.00 | ||
| AE | adams res & energy inc | 0.01 | 306 | 8,262 | unchanged | 0.00 | ||
| AGGH | simplify exchange traded fun | 0.59 | 14,600 | 751,608 | new | |||
| AGNC | agnc investment corp | 0.00 | 0.00 | 0.00 | sold off | -100 | ||
| AMPS | ishares tr | 0.09 | 2,200 | 112,310 | new | |||
| AMSWA | amer software inc | 1.44 | 164,075 | 1,836,000 | reduced | -4.21 | ||
| AMZN | amazon com inc | 0.16 | 1,060 | 197,510 | new | |||
| ANGI | angi inc | 0.01 | 4,158 | 10,728 | unchanged | 0.00 | ||
| ARLP | alliance resource partners l | 0.04 | 2,000 | 50,000 | unchanged | 0.00 | ||
| AVD | american vanguard corp | 4.35 | 1,049,320 | 5,561,400 | added | 67.16 | ||
| AVGO | broadcom inc | 0.19 | 1,400 | 241,500 | new | |||
| AXTA | axalta coating sys ltd | 0.00 | 0.00 | 0.00 | sold off | -100 | ||
| BATRA | liberty media corp del | 0.00 | 0.00 | 0.00 | sold off | -100 | ||