Cove Street Capital, LLC
In its 13F for Q2 2024 (holdings as of June 30, 2024, filed July 18, 2024), Cove Street Capital, LLC reported 78 stock positions worth $138.4 million. Its top holding was Research Solutions (RSSS) at 6.6% of the portfolio, followed by Ew Scripps Co./the-A (SSP, 6.4%) and Viasat (VSAT, 5.1%). Compared with Q1 2024, it opened 17 new positions, sold out of 9, added to 3 and reduced 49. The biggest buy was a new position in Clarivate (CLVT) and the biggest sale White Mountains Insurance GP (WTM, shares −75%).
- Most Recent 13F
- Q3 2025
- Location
- El Segundo, CA
- CIK
- 0001531612
- Portfolio Value
- $138.4M (Q2 2024)
- SEC Filing
- 0001531612-24-000026 ↗ filed Jul 18, 2024
Holdings Value
Holdings 78 stocks · $138.4M
| RSSS Research Solutions Inc. | 6.57% | 2,623,079 | $9.1M | Reduce -23.6% |
| SSP Ew Scripps Co./the-A filed as SCRIPPS E W CO OHIO | 6.40% | 2,820,622 | $8.9M | Reduce -23.8% |
| VSAT Viasat Inc. | 5.12% | 557,877 | $7.1M | Reduce -27.2% |
| PPLI People Inc. filed as IAC INC | 5.05% | 149,105 | $7.0M | Reduce -65.1% |
| ECVT Ecovyst Inc. | 4.92% | 759,739 | $6.8M | Reduce -58.7% |
| OUT Outfront Media Inc. | 4.26% | 411,927 | $5.9M | Reduce -49.5% |
| AVD American Vanguard Corp. | 3.90% | 627,749 | $5.4M | Reduce -11.5% |
| CLMB Climb Global Solutions Inc. | 3.90% | 85,918 | $5.4M | Reduce -44.7% |
| WTM White Mountains Insurance GP | 3.26% | 2,485 | $4.5M | Reduce -75.3% |
| CLVT Clarivate PLC | 3.04% | 740,574 | $4.2M | New |
| AAP Advance Auto Parts Inc. | 2.96% | 64,789 | $4.1M | New |
| TIPT Tiptree Inc. | 2.40% | 201,213 | $3.3M | Reduce -52.5% |
| WBD Warner Bros Discovery Inc. | 2.25% | 418,405 | $3.1M | Reduce -7.6% |
| ENOV Enovis Corp. | 2.18% | 66,771 | $3.0M | Reduce -58.0% |
| NEU Newmarket Corp. | 2.15% | 5,780 | $3.0M | Reduce -46.7% |
| RDVT Red Violet Inc. | 2.12% | 115,525 | $2.9M | Reduce -58.0% |
| DVN Devon Energy Corp. | 2.09% | 61,161 | $2.9M | Add +10.2% |
| SNEX Stonex Group Inc. | 2.06% | 37,930 | $2.9M | Reduce -57.8% |
| CMP Compass Minerals Internation | 1.97% | 263,572 | $2.7M | Reduce -15.0% |
| TFPM Triple Flag Precious Met | 1.87% | 167,321 | $2.6M | Reduce -69.1% |
| MPAA Motorcar Parts of America Inc. | 1.65% | 369,712 | $2.3M | Reduce -48.7% |
| KMI Kinder Morgan Inc. | 1.59% | 110,942 | $2.2M | Add +185.2% |
| SCHW Schwab (charles) Corp. | 1.59% | 29,824 | $2.2M | Reduce -0.9% |
| VMD Viemed Healthcare Inc. | 1.53% | 322,908 | $2.1M | Reduce -63.9% |
| SIX Six Flags Entertainment Corp. | 1.52% | 63,443 | $2.1M | Reduce -83.6% |
| FNV Franco-Nevada Corp. | 1.47% | 17,114 | $2.0M | Reduce -11.8% |
| TBRG Trubridge Inc. | 1.45% | 201,287 | $2.0M | Reduce -72.5% |
| GBLI Global Indemnity Group LLC-A | 1.39% | 61,779 | $1.9M | Reduce -9.6% |
| FMC FMC Corp. | 1.29% | 30,922 | $1.8M | Reduce -12.8% |
| KBR KBR Inc. | 1.28% | 27,641 | $1.8M | Reduce -83.0% |
| SCWX Secureworks Corp. Class A | 1.18% | 234,205 | $1.6M | Reduce -63.3% |
| PKE Park Aerospace Corp. | 1.16% | 117,352 | $1.6M | Reduce -67.2% |
| ADM Archer-Daniels-Midland Co. | 1.15% | 26,319 | $1.6M | Reduce -8.6% |
| INFU Infusystem Holdings Inc. | 1.13% | 229,088 | $1.6M | Reduce -41.6% |
| LGTY Logility Supply Chain Soluti filed as AMER SOFTWARE INC | 1.13% | 171,286 | $1.6M | Reduce -68.4% |
| BNY Bank of New York Mellon Corp. filed as BANK NEW YORK MELLON CORP | 1.08% | 24,954 | $1.5M | Reduce -8.9% |
| BRK.B Berkshire Hathaway Inc. Class B | 1.05% | 3,590 | $1.5M | No change |
| WFC Wells Fargo & Co. | 0.95% | 22,150 | $1.3M | Reduce -18.6% |
| LTRPA Liberty Tripadvisor HDG-A | 0.93% | 2,743,984 | $1.3M | New |
| CNX CNX Resources Corp. | 0.79% | 45,088 | $1.1M | Reduce -86.0% |
| DLHC DLH Holdings Corp. filed as DLH HLDGS CORP | 0.74% | 96,697 | $1.0M | Reduce -74.3% |
| VTS Vitesse Energy Inc. | 0.66% | 38,393 | $910K | Reduce -89.1% |
| BUKS Butler National Corp. | 0.62% | 1,010,259 | $856K | New |
| IEHC Ieh Corp. filed as IEH ORD | 0.61% | 97,575 | $839K | New |
| TRIP Tripadvisor Inc. | 0.54% | 41,883 | $746K | New |
| TRMB Trimble Inc. | 0.44% | 10,935 | $611K | Reduce -57.9% |
| RRX Regal Rexnord Corp. | 0.40% | 4,081 | $552K | Reduce -51.6% |
| GEG Great Elm Group Inc. | 0.39% | 302,189 | $544K | Reduce -70.2% |
| HNRG Hallador Energy Co. | 0.38% | 67,717 | $526K | Reduce -76.6% |
| CLH Clean Harbors Inc. | 0.25% | 1,519 | $344K | Reduce -67.1% |
| LFUS Littelfuse Inc. | 0.24% | 1,291 | $330K | Reduce -59.7% |
| CTO Cto Realty Growth Inc. filed as CTO RLTY GROWTH INC NEW | 0.17% | 13,404 | $234K | No change |
| SGU Star Group LP | 0.14% | 18,500 | $197K | Add +15.6% |
| ABBV Abbvie Inc. | 0.12% | 1,000 | $172K | No change |
| CVX Chevron Corp. | 0.11% | 1,000 | $156K | No change |
| PM Philip Morris International | 0.08% | 1,100 | $111K | No change |
| ABT Abbott Laboratories | 0.08% | 1,000 | $104K | No change |
| CPPTL Copper Property CTL Pass THR | 0.06% | 9,000 | $82K | New |
| GECC Great Elm Capital Corp. | 0.05% | 6,100 | $65K | No change |
| ARLP Alliance Resource Partners | 0.04% | 2,000 | $49K | New |
| GBDC Golub Capital BDC Inc. | 0.03% | 2,500 | $39K | New |
| LFCR Lifecore Biomedical Inc. | 0.01% | 2,825 | $14K | Reduce -99.8% |
| CIZN Citizens Holding Company | 0.01% | 1,361 | $11K | New |
| MPAD Micropac Industries Inc. | 0.01% | 792 | $11K | New |
| FRMO Frmo Corp. | 0.01% | 1,303 | $10K | New |
| AE Adams Resources & Energy Inc. | 0.01% | 306 | $9K | New |
| BOC Boston Omaha Corp. Class A | 0.01% | 636 | $9K | New |
| ANGI Angi Inc. | 0.01% | 4,158 | $8K | Reduce -43.6% |
| HTLZF Hamilton Thorne Ltd. | 0.01% | 7,521 | $8K | New |
| IA Innovative Solutions & Supp | 0.01% | 1,338 | $8K | Reduce -47.2% |
| EML The Eastern Co. | 0.01% | 288 | $7K | Reduce -47.1% |
| MCEM Monarch Cement Co. | 0.00% | 27 | $5K | New |
| MCDIF McDermott International Ltd. | 0.00% | 5,100 | $1K | New |
| GLDD Great Lakes Dredge & Dock Co. | 0.00% | 1 | $0 | Reduce -66.7% |
| LLYVA Liberty Media Corp.-Liberty-A | 0.00% | 2 | $0 | No change |
| LGF.B Lions Gate Entertainment-B | 0.00% | 2 | $0 | Reduce -100.0% |
| AXTA Axalta Coating Systems Ltd. | 0.00% | 2 | $0 | Reduce -100.0% |
| TIGO Millicom Intl Cellular S.A. | 0.00% | 2 | $0 | No change |
Other holdings (5): bonds, preferreds, convertibles and warrants · $853K (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| AGNC INVESTMENT CORP (AGNC V0 PERP C) | PRD | 11,700 | $304K | New |
| ARCH CAPITAL GROUP LTD (ACGL 5.45 PERP F) | Common Stock | 7,500 | $169K | New |
| GOLDMAN SACHS GROUP INC (GS F PERP D) | Preferred Stock | 6,200 | $143K | New |
| WELLS FARGO & COMPANY (WFC 7.5 PERP L) | PERP PFD CNV A | 115 | $136K | No change |
| CTO REALTY GROWTH INC (CTO 6.375 PERP A) | COM | 5,000 | $101K | New |
Total filed on the 13F, all lines: $139.3M.
Portfolio Sells Q1 2024 → Q2 2024
| WTM White Mountains Insurance GP | Reduce -75.3% | 3.26% | −2.45 |
| PPLI People Inc. | Reduce -65.1% | 5.05% | −2.17 |
| LFCR Lifecore Biomedical Inc. | Reduce -99.8% | 0.01% | −2.15 |
| KBR KBR Inc. | Reduce -83.0% | 1.28% | −2.00 |
| VTS Vitesse Energy Inc. | Reduce -89.1% | 0.66% | −1.98 |
| SIX Six Flags Entertainment Corp. | Reduce -83.6% | 1.52% | −1.71 |
| CNX CNX Resources Corp. | Reduce -86.0% | 0.79% | −1.63 |
| ECVT Ecovyst Inc. | Reduce -58.7% | 4.92% | −1.57 |
| SXI Standex International Corp. | Sold out | 0.00% | −1.17 |
| VMD Viemed Healthcare Inc. | Reduce -63.9% | 1.53% | −1.14 |
| ENOV Enovis Corp. | Reduce -58.0% | 2.18% | −0.96 |
| LGF.B Lions Gate Entertainment-B | Reduce -100.0% | 0.00% | −0.92 |
| AXTA Axalta Coating Systems Ltd. | Reduce -100.0% | 0.00% | −0.84 |
| DLHC DLH Holdings Corp. | Reduce -74.3% | 0.74% | −0.84 |
| LGTY Logility Supply Chain Soluti | Reduce -68.4% | 1.13% | −0.83 |
| PKE Park Aerospace Corp. | Reduce -67.2% | 1.16% | −0.72 |
| TBRG Trubridge Inc. | Reduce -72.5% | 1.45% | −0.69 |
| TFPM Triple Flag Precious Met | Reduce -69.1% | 1.87% | −0.60 |
| HWM Howmet Aerospace Inc. | Sold out | 0.00% | −0.31 |
| GEG Great Elm Group Inc. | Reduce -70.2% | 0.39% | −0.22 |
| MPAA Motorcar Parts of America Inc. | Reduce -48.7% | 1.65% | −0.19 |
| SCWX Secureworks Corp. Class A | Reduce -63.3% | 1.18% | −0.17 |
| MTBA Simplify MBS ETF | Sold out | 0.00% | −0.12 |
| SPAB SS SPDR P Agg Bond ETF | Sold out | 0.00% | −0.11 |
| HNRG Hallador Energy Co. | Reduce -76.6% | 0.38% | −0.11 |
| TRMB Trimble Inc. | Reduce -57.9% | 0.44% | −0.09 |
| RRX Regal Rexnord Corp. | Reduce -51.6% | 0.40% | −0.08 |
| OUT Outfront Media Inc. | Reduce -49.5% | 4.26% | −0.08 |
| CLH Clean Harbors Inc. | Reduce -67.1% | 0.25% | −0.05 |
| TPR Tapestry Inc. | Sold out | 0.00% | −0.05 |
| PFF iShares Preferred & Income S | Sold out | 0.00% | −0.04 |
| FLOT iShares Floating Rate Bond E | Sold out | 0.00% | −0.04 |
| JAAA Janus Henderson Aaa Clo ETF | Sold out | 0.00% | −0.03 |
| NEU Newmarket Corp. | Reduce -46.7% | 2.15% | −0.03 |
| TG Tredegar Corp. | Sold out | 0.00% | −0.01 |
| LFUS Littelfuse Inc. | Reduce -59.7% | 0.24% | −0.01 |
| EML The Eastern Co. | Reduce -47.1% | 0.01% | −0.00 |
| ANGI Angi Inc. | Reduce -43.6% | 0.01% | −0.00 |
| IA Innovative Solutions & Supp | Reduce -47.2% | 0.01% | −0.00 |
| GLDD Great Lakes Dredge & Dock Co. | Reduce -66.7% | 0.00% | 0.00 |
| SNEX Stonex Group Inc. | Reduce -57.8% | 2.06% | +0.06 |
| INFU Infusystem Holdings Inc. | Reduce -41.6% | 1.13% | +0.07 |
| TIPT Tiptree Inc. | Reduce -52.5% | 2.40% | +0.08 |
| CLMB Climb Global Solutions Inc. | Reduce -44.7% | 3.90% | +0.41 |
| RDVT Red Violet Inc. | Reduce -58.0% | 2.12% | +0.42 |
| CMP Compass Minerals Internation | Reduce -15.0% | 1.97% | +0.42 |
| WFC Wells Fargo & Co. | Reduce -18.6% | 0.95% | +0.45 |
| FMC FMC Corp. | Reduce -12.8% | 1.29% | +0.57 |
| ADM Archer-Daniels-Midland Co. | Reduce -8.6% | 1.15% | +0.58 |
| BNY Bank of New York Mellon Corp. | Reduce -8.9% | 1.08% | +0.58 |
Portfolio Buys Q1 2024 → Q2 2024
| CLVT Clarivate PLC | New | 3.04% | +3.04 |
| AAP Advance Auto Parts Inc. | New | 2.96% | +2.96 |
| KMI Kinder Morgan Inc. | Add +185.2% | 1.59% | +1.37 |
| DVN Devon Energy Corp. | Add +10.2% | 2.09% | +1.21 |
| LTRPA Liberty Tripadvisor HDG-A | New | 0.93% | +0.93 |
| BUKS Butler National Corp. | New | 0.62% | +0.62 |
| IEHC Ieh Corp. | New | 0.61% | +0.61 |
| TRIP Tripadvisor Inc. | New | 0.54% | +0.54 |
| SGU Star Group LP | Add +15.6% | 0.14% | +0.09 |
| CPPTL Copper Property CTL Pass THR | New | 0.06% | +0.06 |
| ARLP Alliance Resource Partners | New | 0.04% | +0.04 |
| GBDC Golub Capital BDC Inc. | New | 0.03% | +0.03 |
| CIZN Citizens Holding Company | New | 0.01% | +0.01 |
| MPAD Micropac Industries Inc. | New | 0.01% | +0.01 |
| FRMO Frmo Corp. | New | 0.01% | +0.01 |
| AE Adams Resources & Energy Inc. | New | 0.01% | +0.01 |
| BOC Boston Omaha Corp. Class A | New | 0.01% | +0.01 |
| HTLZF Hamilton Thorne Ltd. | New | 0.01% | +0.01 |
| MCEM Monarch Cement Co. | New | 0.00% | +0.00 |
| MCDIF McDermott International Ltd. | New | 0.00% | +0.00 |
Notes & Other Activity Q1 2024 → Q2 2024
| AGNC INVESTMENT CORP (AGNC V0 PERP C) | PRD | New | 11,700 | $304K |
| ARCH CAPITAL GROUP LTD (ACGL 5.45 PERP F) | Common Stock | New | 7,500 | $169K |
| GOLDMAN SACHS GROUP INC (GS F PERP D) | Preferred Stock | New | 6,200 | $143K |
| CTO REALTY GROWTH INC (CTO 6.375 PERP A) | COM | New | 5,000 | $101K |
Bonds, preferreds, convertibles and warrants; not part of the stock holdings or percentages above.
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q3 2025 | 94 | $76.0M | AVD, RSSS, FUN, VSAT, ECVT |
| Q2 2025 | 96 | $68.0M | AVD, ECVT, RSSS, VSAT, SNEX |
| Q1 2025 | 97 | $63.5M | AVD, ECVT, RSSS, PPLI, WBD |
| Q4 2024 | 93 | $85.5M | RSSS, WBD, AVD, ECVT, CLVT |
| Q3 2024 | 98 | $127.6M | PPLI, RSSS, CMP, SSP, OUT |
| Q2 2024 | 78 | $138.4M | RSSS, SSP, VSAT, PPLI, ECVT |
| Q1 2024 | 70 | $315.9M | PPLI, ECVT, WTM, SSP, VSAT |