Cove Street Capital, LLC
In its 13F for Q3 2024 (holdings as of September 30, 2024, filed November 12, 2024), Cove Street Capital, LLC reported 98 stock positions worth $127.6 million. Its top holding was People (PPLI) at 5.6% of the portfolio, followed by Research Solutions (RSSS, 5.6%) and Compass Minerals Internation (CMP, 5.2%). Compared with Q2 2024, it opened 37 new positions, sold out of 17, added to 9 and reduced 32. The biggest buy was Compass Minerals Internation (CMP, shares +109%) and the biggest sale Climb Global Solutions (CLMB, shares −68%).
- Most Recent 13F
- Q3 2025
- Location
- El Segundo, CA
- CIK
- 0001531612
- Portfolio Value
- $127.6M (Q3 2024)
- SEC Filing
- 0001531612-24-000030 ↗ filed Nov 12, 2024
Holdings Value
Holdings 98 stocks · $127.6M
| PPLI People Inc. filed as IAC INC | 5.59% | 132,434 | $7.1M | Reduce -11.2% |
| RSSS Research Solutions Inc. | 5.58% | 2,606,864 | $7.1M | Reduce -0.6% |
| CMP Compass Minerals Internation | 5.20% | 551,780 | $6.6M | Add +109.3% |
| SSP Ew Scripps Co./the-A filed as SCRIPPS E W CO OHIO | 4.78% | 2,713,360 | $6.1M | Reduce -3.8% |
| OUT Outfront Media Inc. | 4.69% | 325,183 | $6.0M | Reduce -21.1% |
| AVD American Vanguard Corp. | 4.36% | 1,049,320 | $5.6M | Add +67.2% |
| CLVT Clarivate PLC | 3.69% | 662,796 | $4.7M | Reduce -10.5% |
| VSAT Viasat Inc. | 3.53% | 377,556 | $4.5M | Reduce -32.3% |
| ECVT Ecovyst Inc. | 3.48% | 647,879 | $4.4M | Reduce -14.7% |
| AAP Advance Auto Parts Inc. | 3.01% | 98,406 | $3.8M | Add +51.9% |
| WTM White Mountains Insurance GP | 2.82% | 2,123 | $3.6M | Reduce -14.6% |
| TIPT Tiptree Inc. | 2.73% | 178,001 | $3.5M | Reduce -11.5% |
| NEU Newmarket Corp. | 2.48% | 5,738 | $3.2M | Reduce -0.7% |
| WBD Warner Bros Discovery Inc. | 2.37% | 366,805 | $3.0M | Reduce -12.3% |
| SNEX Stonex Group Inc. | 2.35% | 36,626 | $3.0M | Reduce -3.4% |
| CLMB Climb Global Solutions Inc. | 2.16% | 27,676 | $2.8M | Reduce -67.8% |
| VMD Viemed Healthcare Inc. | 2.01% | 349,167 | $2.6M | Add +8.1% |
| KMI Kinder Morgan Inc. | 1.92% | 110,942 | $2.5M | No change |
| ENOV Enovis Corp. | 1.89% | 55,963 | $2.4M | Reduce -16.2% |
| TFPM Triple Flag Precious Met | 1.87% | 147,082 | $2.4M | Reduce -12.1% |
| RDVT Red Violet Inc. | 1.86% | 83,411 | $2.4M | Reduce -27.8% |
| GBLI Global Indemnity Group LLC-A | 1.74% | 66,868 | $2.2M | Add +8.2% |
| TBRG Trubridge Inc. | 1.70% | 181,428 | $2.2M | Reduce -9.9% |
| SCWX Secureworks Corp. Class A | 1.69% | 243,835 | $2.2M | Add +4.1% |
| FNV Franco-Nevada Corp. | 1.67% | 17,114 | $2.1M | No change |
| MPAA Motorcar Parts of America Inc. | 1.54% | 266,067 | $2.0M | Reduce -28.0% |
| SCHW Schwab (charles) Corp. | 1.52% | 29,824 | $1.9M | No change |
| LGTY Logility Supply Chain Soluti filed as AMER SOFTWARE INC | 1.44% | 164,075 | $1.8M | Reduce -4.2% |
| BRK.B Berkshire Hathaway Inc. Class B | 1.42% | 3,935 | $1.8M | Add +9.6% |
| BNY Bank of New York Mellon Corp. filed as BANK NEW YORK MELLON CORP | 1.41% | 24,954 | $1.8M | No change |
| FMC FMC Corp. | 1.34% | 25,853 | $1.7M | Reduce -16.4% |
| ADM Archer-Daniels-Midland Co. | 1.23% | 26,319 | $1.6M | No change |
| INFU Infusystem Holdings Inc. | 1.17% | 222,011 | $1.5M | Reduce -3.1% |
| KBR KBR Inc. | 1.10% | 21,601 | $1.4M | Reduce -21.9% |
| PKE Park Aerospace Corp. | 1.03% | 100,616 | $1.3M | Reduce -14.3% |
| WFC Wells Fargo & Co. | 0.98% | 22,150 | $1.3M | No change |
| FUN Six Flags Entertainment Corp. | 0.91% | 28,742 | $1.2M | New |
| HNRG Hallador Energy Co. | 0.72% | 97,765 | $922K | Add +44.4% |
| DVN Devon Energy Corp. | 0.70% | 22,775 | $891K | Reduce -62.8% |
| CNX CNX Resources Corp. | 0.70% | 27,241 | $887K | Reduce -39.6% |
| DLHC DLH Holdings Corp. filed as DLH HLDGS CORP | 0.66% | 90,454 | $847K | Reduce -6.5% |
| MTBA Simplify MBS ETF | 0.59% | 14,600 | $752K | New |
| OXY Occidental Petroleum Corp. | 0.54% | 13,460 | $694K | New |
| GEG Great Elm Group Inc. | 0.43% | 289,689 | $553K | Reduce -4.1% |
| VTS Vitesse Energy Inc. | 0.38% | 20,142 | $484K | Reduce -47.5% |
| CLAR Clarus Corp. | 0.37% | 105,332 | $474K | New |
| SPAB SS SPDR P Agg Bond ETF | 0.29% | 14,100 | $369K | New |
| TRIP Tripadvisor Inc. | 0.27% | 23,913 | $346K | Reduce -42.9% |
| AAPL Apple Inc. | 0.26% | 1,450 | $338K | New |
| MSFT Microsoft Corp. | 0.23% | 680 | $293K | New |
| CTO Cto Realty Growth Inc. filed as CTO RLTY GROWTH INC NEW | 0.20% | 13,404 | $255K | No change |
| GOOGL Alphabet Inc. Class A | 0.20% | 1,500 | $249K | New |
| AVGO Broadcom Inc. | 0.19% | 1,400 | $242K | New |
| SGU Star Group LP | 0.17% | 18,500 | $217K | No change |
| AMZN Amazon.com Inc. | 0.15% | 1,060 | $198K | New |
| ABBV Abbvie Inc. | 0.15% | 1,000 | $197K | No change |
| CTAS Cintas Corp. | 0.15% | 940 | $194K | New |
| GBDC Golub Capital BDC Inc. | 0.13% | 10,833 | $164K | Add +333.3% |
| DMF BNYM Municipal Income filed as BNY MELLON MUN INCOME INC | 0.13% | 22,318 | $163K | New |
| CVX Chevron Corp. | 0.12% | 1,000 | $147K | No change |
| MPC Marathon Petroleum Corp. | 0.11% | 855 | $139K | New |
| JAAA Janus Henderson Aaa Clo ETF | 0.11% | 2,700 | $137K | New |
| PM Philip Morris International | 0.10% | 1,100 | $134K | No change |
| ISRG Intuitive Surgical Inc. | 0.10% | 270 | $133K | New |
| WSO Watsco Inc. | 0.09% | 240 | $118K | New |
| PFF iShares Preferred & Income S | 0.09% | 3,500 | $116K | New |
| ABT Abbott Laboratories | 0.09% | 1,000 | $114K | No change |
| FLOT iShares Floating Rate Bond E | 0.09% | 2,200 | $112K | New |
| TMO Thermo Fisher Scientific Inc. | 0.08% | 175 | $108K | New |
| ADBE Adobe Inc. | 0.08% | 205 | $106K | New |
| TER Teradyne Inc. | 0.08% | 720 | $96K | New |
| ROP Roper Technologies Inc. | 0.07% | 165 | $92K | New |
| IDXX Idexx Laboratories Inc. | 0.07% | 180 | $91K | New |
| HD Home Depot Inc. | 0.07% | 220 | $89K | New |
| DHR Danaher Corp. | 0.07% | 315 | $88K | New |
| ETN Eaton Corp. PLC | 0.07% | 260 | $86K | New |
| PGR Progressive Corp. | 0.06% | 315 | $80K | New |
| V Visa Inc. Class A | 0.06% | 275 | $76K | New |
| CB Chubb Ltd. | 0.06% | 260 | $75K | New |
| LMT Lockheed Martin Corp. | 0.06% | 125 | $73K | New |
| CHD Church & Dwight Co. Inc. | 0.05% | 650 | $68K | New |
| ZBRA Zebra Technologies Corp. Class A | 0.05% | 180 | $67K | New |
| PLD Prologis Inc. | 0.05% | 505 | $64K | New |
| GECC Great Elm Capital Corp. | 0.05% | 6,100 | $62K | No change |
| PEP Pepsico Inc. | 0.05% | 340 | $58K | New |
| XOM Exxon Mobil Corp. | 0.04% | 453 | $53K | New |
| UNH Unitedhealth Group Inc. | 0.04% | 90 | $53K | New |
| ARLP Alliance Resource Partners | 0.04% | 2,000 | $50K | No change |
| ANGI Angi Inc. | 0.01% | 4,158 | $11K | No change |
| BOC Boston Omaha Corp. Class A | 0.01% | 636 | $9K | No change |
| EML The Eastern Co. | 0.01% | 288 | $9K | No change |
| HQI Hirequest Inc. | 0.01% | 619 | $9K | New |
| IA Innovative Solutions & Supp | 0.01% | 1,338 | $9K | No change |
| AE Adams Resources & Energy Inc. | 0.01% | 306 | $8K | No change |
| RRX Regal Rexnord Corp. | 0.00% | 1 | $166 | Reduce -100.0% |
| GLDD Great Lakes Dredge & Dock Co. | 0.00% | 1 | $11 | No change |
| LGF.B Lions Gate Entertainment-B | 0.00% | 1 | $7 | Reduce -50.0% |
| LFCR Lifecore Biomedical Inc. | 0.00% | 1 | $5 | Reduce -100.0% |
Other holdings (1): bonds, preferreds, convertibles and warrants · $147K (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| WELLS FARGO & COMPANY (WFC 7.5 PERP L) | PERP PFD CNV A | 115 | $147K | No change |
Total filed on the 13F, all lines: $127.7M.
Portfolio Sells Q2 2024 → Q3 2024
| CLMB Climb Global Solutions Inc. | Reduce -67.8% | 2.16% | −1.74 |
| SSP Ew Scripps Co./the-A | Reduce -3.8% | 4.78% | −1.62 |
| VSAT Viasat Inc. | Reduce -32.3% | 3.53% | −1.58 |
| SIX Six Flags Entertainment Corp. | Sold out | 0.00% | −1.52 |
| ECVT Ecovyst Inc. | Reduce -14.7% | 3.48% | −1.44 |
| DVN Devon Energy Corp. | Reduce -62.8% | 0.70% | −1.40 |
| RSSS Research Solutions Inc. | Reduce -0.6% | 5.58% | −0.99 |
| LTRPA Liberty Tripadvisor HDG-A | Sold out | 0.00% | −0.93 |
| BUKS Butler National Corp. | Sold out | 0.00% | −0.62 |
| IEHC Ieh Corp. | Sold out | 0.00% | −0.61 |
| TRMB Trimble Inc. | Sold out | 0.00% | −0.44 |
| WTM White Mountains Insurance GP | Reduce -14.6% | 2.82% | −0.44 |
| RRX Regal Rexnord Corp. | Reduce -100.0% | 0.00% | −0.40 |
| ENOV Enovis Corp. | Reduce -16.2% | 1.89% | −0.29 |
| VTS Vitesse Energy Inc. | Reduce -47.5% | 0.38% | −0.28 |
| TRIP Tripadvisor Inc. | Reduce -42.9% | 0.27% | −0.27 |
| RDVT Red Violet Inc. | Reduce -27.8% | 1.86% | −0.26 |
| CLH Clean Harbors Inc. | Sold out | 0.00% | −0.25 |
| LFUS Littelfuse Inc. | Sold out | 0.00% | −0.24 |
| KBR KBR Inc. | Reduce -21.9% | 1.10% | −0.18 |
| PKE Park Aerospace Corp. | Reduce -14.3% | 1.03% | −0.13 |
| MPAA Motorcar Parts of America Inc. | Reduce -28.0% | 1.54% | −0.11 |
| CNX CNX Resources Corp. | Reduce -39.6% | 0.70% | −0.10 |
| DLHC DLH Holdings Corp. | Reduce -6.5% | 0.66% | −0.07 |
| CPPTL Copper Property CTL Pass THR | Sold out | 0.00% | −0.06 |
| LFCR Lifecore Biomedical Inc. | Reduce -100.0% | 0.00% | −0.01 |
| CIZN Citizens Holding Company | Sold out | 0.00% | −0.01 |
| MPAD Micropac Industries Inc. | Sold out | 0.00% | −0.01 |
| TFPM Triple Flag Precious Met | Reduce -12.1% | 1.87% | −0.01 |
| FRMO Frmo Corp. | Sold out | 0.00% | −0.01 |
| HTLZF Hamilton Thorne Ltd. | Sold out | 0.00% | −0.01 |
| MCEM Monarch Cement Co. | Sold out | 0.00% | −0.00 |
| MCDIF McDermott International Ltd. | Sold out | 0.00% | −0.00 |
| LLYVA Liberty Media Corp.-Liberty-A | Sold out | 0.00% | 0.00 |
| LGF.B Lions Gate Entertainment-B | Reduce -50.0% | 0.00% | 0.00 |
| AXTA Axalta Coating Systems Ltd. | Sold out | 0.00% | 0.00 |
| TIGO Millicom Intl Cellular S.A. | Sold out | 0.00% | 0.00 |
| INFU Infusystem Holdings Inc. | Reduce -3.1% | 1.17% | +0.04 |
| GEG Great Elm Group Inc. | Reduce -4.1% | 0.43% | +0.04 |
| FMC FMC Corp. | Reduce -16.4% | 1.34% | +0.05 |
| WBD Warner Bros Discovery Inc. | Reduce -12.3% | 2.37% | +0.12 |
| TBRG Trubridge Inc. | Reduce -9.9% | 1.70% | +0.25 |
| SNEX Stonex Group Inc. | Reduce -3.4% | 2.35% | +0.29 |
| LGTY Logility Supply Chain Soluti | Reduce -4.2% | 1.44% | +0.31 |
| NEU Newmarket Corp. | Reduce -0.7% | 2.48% | +0.33 |
| TIPT Tiptree Inc. | Reduce -11.5% | 2.73% | +0.33 |
| OUT Outfront Media Inc. | Reduce -21.1% | 4.69% | +0.43 |
| PPLI People Inc. | Reduce -11.2% | 5.59% | +0.54 |
| CLVT Clarivate PLC | Reduce -10.5% | 3.69% | +0.64 |
Portfolio Buys Q2 2024 → Q3 2024
| CMP Compass Minerals Internation | Add +109.3% | 5.20% | +3.23 |
| FUN Six Flags Entertainment Corp. | New | 0.91% | +0.91 |
| MTBA Simplify MBS ETF | New | 0.59% | +0.59 |
| OXY Occidental Petroleum Corp. | New | 0.54% | +0.54 |
| SCWX Secureworks Corp. Class A | Add +4.1% | 1.69% | +0.51 |
| VMD Viemed Healthcare Inc. | Add +8.1% | 2.01% | +0.48 |
| AVD American Vanguard Corp. | Add +67.2% | 4.36% | +0.46 |
| CLAR Clarus Corp. | New | 0.37% | +0.37 |
| BRK.B Berkshire Hathaway Inc. Class B | Add +9.6% | 1.42% | +0.36 |
| GBLI Global Indemnity Group LLC-A | Add +8.2% | 1.74% | +0.35 |
| HNRG Hallador Energy Co. | Add +44.4% | 0.72% | +0.34 |
| SPAB SS SPDR P Agg Bond ETF | New | 0.29% | +0.29 |
| AAPL Apple Inc. | New | 0.26% | +0.26 |
| MSFT Microsoft Corp. | New | 0.23% | +0.23 |
| GOOGL Alphabet Inc. Class A | New | 0.20% | +0.20 |
| AVGO Broadcom Inc. | New | 0.19% | +0.19 |
| AMZN Amazon.com Inc. | New | 0.15% | +0.15 |
| CTAS Cintas Corp. | New | 0.15% | +0.15 |
| DMF BNYM Municipal Income | New | 0.13% | +0.13 |
| MPC Marathon Petroleum Corp. | New | 0.11% | +0.11 |
| JAAA Janus Henderson Aaa Clo ETF | New | 0.11% | +0.11 |
| ISRG Intuitive Surgical Inc. | New | 0.10% | +0.10 |
| GBDC Golub Capital BDC Inc. | Add +333.3% | 0.13% | +0.10 |
| WSO Watsco Inc. | New | 0.09% | +0.09 |
| PFF iShares Preferred & Income S | New | 0.09% | +0.09 |
| FLOT iShares Floating Rate Bond E | New | 0.09% | +0.09 |
| TMO Thermo Fisher Scientific Inc. | New | 0.08% | +0.08 |
| ADBE Adobe Inc. | New | 0.08% | +0.08 |
| TER Teradyne Inc. | New | 0.08% | +0.08 |
| ROP Roper Technologies Inc. | New | 0.07% | +0.07 |
| IDXX Idexx Laboratories Inc. | New | 0.07% | +0.07 |
| HD Home Depot Inc. | New | 0.07% | +0.07 |
| DHR Danaher Corp. | New | 0.07% | +0.07 |
| ETN Eaton Corp. PLC | New | 0.07% | +0.07 |
| PGR Progressive Corp. | New | 0.06% | +0.06 |
| V Visa Inc. Class A | New | 0.06% | +0.06 |
| CB Chubb Ltd. | New | 0.06% | +0.06 |
| LMT Lockheed Martin Corp. | New | 0.06% | +0.06 |
| CHD Church & Dwight Co. Inc. | New | 0.05% | +0.05 |
| ZBRA Zebra Technologies Corp. Class A | New | 0.05% | +0.05 |
| PLD Prologis Inc. | New | 0.05% | +0.05 |
| PEP Pepsico Inc. | New | 0.05% | +0.05 |
| AAP Advance Auto Parts Inc. | Add +51.9% | 3.01% | +0.04 |
| XOM Exxon Mobil Corp. | New | 0.04% | +0.04 |
| UNH Unitedhealth Group Inc. | New | 0.04% | +0.04 |
| HQI Hirequest Inc. | New | 0.01% | +0.01 |
Notes & Other Activity Q2 2024 → Q3 2024
| AGNC INVESTMENT CORP (AGNC V0 PERP C) | PRD | Sold out | 11,700 | $304Kbefore exit |
| ARCH CAPITAL GROUP LTD (ACGL 5.45 PERP F) | Common Stock | Sold out | 7,500 | $169Kbefore exit |
| GOLDMAN SACHS GROUP INC (GS F PERP D) | Preferred Stock | Sold out | 6,200 | $143Kbefore exit |
| CTO REALTY GROWTH INC (CTO 6.375 PERP A) | COM | Sold out | 5,000 | $101Kbefore exit |
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 |