We are live on
!
Find out more
CSC
Cove Street Capital Portfolio holdings
AUM
$76.6M
1-Year Est. Return
36%
This Fund
S&P 500
This Quarter
Est. Return
-4.75%
1 Year Est. Return
+36%
3 Year Est. Return
+84.21%
5 Year Est. Return
+128.8%
10 Year Est. Return
+157.49%
AUM
$358M
AUM Growth
-$38.6M
(-9.7%)
Cap. Flow
-$14.2M
Cap. Flow
% of AUM
-3.97%
Top 10 Holdings %
Top 10 Hldgs %
47.57%
Holding
88
New
5
Increased
17
Reduced
44
Closed
9
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Viasat
VSAT
|
+$9.7M |
| 2 |
Warner Bros
WBD
|
+$3.78M |
| 3 |
CarGurus
CARG
|
+$3.48M |
| 4 |
SIX
Six Flags Entertainment Corp.
SIX
|
+$1.52M |
| 5 |
Climb Global Solutions
CLMB
|
+$1.28M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
AZZ Inc
AZZ
|
+$7.98M |
| 2 |
Lumen
LUMN
|
+$6.75M |
| 3 |
LMACA
Liberty Media Acquisition Corporation Series A Common Stock
LMACA
|
+$5.84M |
| 4 |
Millicom
TIGO
|
+$3.09M |
| 5 |
StoneX
SNEX
|
+$2.7M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Materials | 18.72% |
| 2 | Technology | 18.48% |
| 3 | Financials | 13.1% |
| 4 | Healthcare | 12.86% |
| 5 | Communication Services | 12.72% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
76
Spectrum Brands
SPB
$2.03B
| – | – |
-16,776
| Closed | -$1.38M |
|
|
TGNA
77
DELISTED
TEGNA Inc
TGNA
| – | – |
-945
| Closed | -$20K |
|
|
LMACA
78
DELISTED
Liberty Media Acquisition Corporation Series A Common Stock
LMACA
| – | – |
-593,534
| Closed | -$5.84M |
|
|
Y
79
DELISTED
Alleghany Corp
Y
| – | – |
-553
| Closed | -$461K |
|
|
BKEPP
80
DELISTED
Blueknight Energy Partners L.P., L.L.C. Series A Preferred Units
BKEPP
| – | – |
-32,900
| Closed | -$280K |
|
|
TSC
81
DELISTED
STEPHAN CO
TSC
| – | – |
-5,927
| Closed | -$10K |
|
Similar funds
LC
CM
LL
KDIA
TM
ASM
KCM
ARMT
Cove Street Capital's Q3 2022 Portfolio in Review
As of Q3 2022, Cove Street Capital held 88 positions worth $358M, down 9.7% from $397M the previous quarter. Its ten largest holdings account for 48% of the portfolio.
Cove Street Capital withdrew a net $14.2M in Q3 2022, closing 9 positions and reducing 44 holdings. Its most notable exit was AZZ Inc, an estimated $7.98M position sold in full.
By sector, the portfolio is most concentrated in Materials at 19% of assets, up from 18% a quarter earlier, followed by Technology and Financials.
Against the trend, Cove Street Capital opened a new position in CarGurus worth $2.43M.
- Cove Street Capital's largest Q3 2022 buy was CarGurus: 171,700 shares worth $2.43M.
- Cove Street Capital added most to Viasat in Q3 2022, an estimated $9.7M increase.
- Cove Street Capital's biggest Q3 2022 reduction was Lumen, cutting an estimated $6.75M.
- Cove Street Capital fully exited AZZ Inc in Q3 2022, selling an estimated $7.98M.
- Cove Street Capital's ten largest holdings make up 48% of its $358M portfolio in Q3 2022.
- Cove Street Capital opened 5 new positions and closed 9 in Q3 2022.
- Cove Street Capital's portfolio value fell 9.7% quarter-over-quarter to $358M.
Based on Cove Street Capital's 13F filing for Q3 2022, filed 8 Nov 2022.