Latest Cove Street Capital, LLC Stock Portfolio

Cove Street Capital, LLC Performance:

2025 Q1: -5.08%YTD: -5.08%2024: -6.91%

Performance for 2025 Q1 is -5.08%, and YTD is -5.08%, and 2024 is -6.91%.

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 $63.7 Millions as of 31 Mar, 2025.

The top stock holdings of Cove Street Capital, LLC are AVD, ECVT, RSSS. The fund has invested 7.7% of it's portfolio in AMERICAN VANGUARD CORP and 6.2% of portfolio in ECOVYST INC.

The fund managers got completely rid off FRANCO NEV CORP, TRUBRIDGE INC (CPSI) and MOTORCAR PTS AMER INC (MPAA) stocks. They significantly reduced their stock positions in OUTFRONT MEDIA INC (OUT), WHITE MTNS INS GROUP LTD (WTM) and CLARIVATE PLC (CLVT). Cove Street Capital, LLC opened new stock positions in WEX INC (WEX), ANIKA THERAPEUTICS INC (ANIK) and N-ABLE INC (NABL). The fund showed a lot of confidence in some stocks as they added substantially to FMC CORP (FMC), AMERICAN VANGUARD CORP (AVD) and ECOVYST INC (ECVT).

Cove Street Capital, LLC Annual Return Estimates Vs S&P 500

Our best estimate is that Cove Street Capital, LLC made a return of -5.08% in the last quarter. In trailing 12 months, it's portfolio return was -10.49%.

New Buys

Ticker	$ Bought
wex inc	1,722,200
anika therapeutics inc	1,125,780
n-able inc	461,836
enviri corp	458,338
astronics corp	400,134
ishares tr	380,460
avanos med inc	318,069
simplify exchange traded fun	69,604

New stocks bought by Cove Street Capital, LLC

Additions

Ticker	% Inc.
fmc corp	38.78
american vanguard corp	35.00
ecovyst inc	29.82
innovative solutions & suppo	20.25
infusystem hldgs inc	8.71

Additions to existing portfolio by Cove Street Capital, LLC

Reductions

Ticker	% Reduced
outfront media inc	-99.98
white mtns ins group ltd	-53.98
clarivate plc	-52.32
red violet inc	-52.12
british amern tob plc	-51.87
kbr inc	-50.39
schwab charles corp	-47.47
bank new york mellon corp	-46.53

Cove Street Capital, LLC reduced stake in above stock

Sold off

Ticker	$ Sold
trubridge inc	-1,605,330
motorcar pts amer inc	-558,535
secureworks corp	-368,838
amer software inc	-474,933
tripadvisor inc	-353,195
franco nev corp	-2,012,440
contango ore inc	-13,567
angi inc	-16,549

Cove Street Capital, LLC got rid off the above stocks

Sector Distribution

Cove Street Capital, LLC has about 20.6% of it's holdings in Basic Materials sector.

Sector	%
Basic Materials	20.6
Technology	16.3
Financial Services	15.5
Communication Services	13.3
Others	10.5
Healthcare	6.9
Consumer Cyclical	5.4
Energy	4.8
Industrials	4.4
	1.4

Market Cap. Distribution

Cove Street Capital, LLC has about 18.9% of it's portfolio invested in the large-cap and mega-cap stocks.

Category	%
MID-CAP	29.5
MICRO-CAP	22.3
SMALL-CAP	18.7
LARGE-CAP	16
UNALLOCATED	10.5
MEGA-CAP	2.9

Stocks belong to which Index?

About 56.6% of the stocks held by Cove Street Capital, LLC either belong to S&P 500 or RUSSELL 2000 index.

Index	%
Others	43.3
RUSSELL 2000	35.5
S&P 500	21.1

Top 5 Winners (%)		%
PM	philip morris intl inc	31.3 %
ATRO	astronics corp	20.8 %
VSAT	viasat inc	20.1 %
SSP	scripps e w co ohio	19.3 %
PGR	progressive corp	18.1 %

Top 5 Winners ($)		$
SSP	scripps e w co ohio	0.5 M
VSAT	viasat inc	0.5 M
SNEX	stonex group inc	0.3 M
TIPT	tiptree inc	0.2 M
IAC	iac inc	0.2 M

Top 5 Losers (%)		%
INFU	infusystem hldgs inc	-35.8 %
TER	teradyne inc	-34.4 %
RSSS	research solutions inc	-33.8 %
ZBRA	zebra technologies corporati	-26.8 %
ISSC	innovative solutions & suppo	-25.5 %

Top 5 Losers ($)		$
RSSS	research solutions inc	-2.5 M
ECVT	ecovyst inc	-0.9 M
INFU	infusystem hldgs inc	-0.6 M
AAP	advance auto parts inc	-0.5 M
CLVT	clarivate plc	-0.5 M

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 96 stocks in it's portfolio. About 44.8% of the portfolio is in top 10 stocks. RSSS proved to be the most loss making stock for the portfolio. SSP was the most profitable stock for Cove Street Capital, LLC last quarter.

Last Reported on: 15 May, 2025

	Ticker	Namesorted descending	% Portfolio	Shares Held	$ Value	Type	% Change
	AVD	american vanguard corp	7.74	1,119,540	4,925,970	added	35.00
Historical Trend of AMERICAN VANGUARD CORP Position Held By Cove Street Capital, LLC What % of Portfolio is AVD?: Number of AVD shares held: Change in No. of Shares Held:
	ECVT	ecovyst inc	6.21	638,149	3,956,520	added	29.82

	RSSS	research solutions inc	5.49	1,345,320	3,497,830	reduced	-23.76

	IAC	iac inc	5.15	71,425	3,281,260	reduced	-11.28

	WBD	warner bros discovery inc	4.39	260,805	2,795,830	reduced	-28.9

	AAP	advance auto parts inc	3.35	54,436	2,134,440	reduced	-30.05

	SSP	scripps e w co ohio	3.28	705,418	2,088,040	reduced	-44.21

	VSAT	viasat inc	3.23	197,405	2,056,960	reduced	-27.8

	SNEX	stonex group inc	3.20	26,673	2,037,250	reduced	-10.74

	TIPT	tiptree inc	2.76	72,988	1,758,280	reduced	-12.86

	WEX	wex inc	2.70	10,968	1,722,200	new

	KMI	kinder morgan inc del	2.68	59,920	1,709,520	reduced	-42.67

		berkshire hathaway inc del	2.50	2,993	1,594,010	reduced	-23.94

	FMC	fmc corp	2.38	35,878	1,513,690	added	38.78

	NEU	newmarket corp	2.27	2,550	1,444,450	reduced	-27.76

	CLVT	clarivate plc	2.13	345,588	1,358,160	reduced	-52.32

		triple flag precious metal	2.10	69,812	1,336,900	reduced	-9.46

	ENOV	enovis corporation	2.00	33,372	1,275,140	reduced	-22.2

	CMP	compass minerals intl inc	1.97	134,996	1,254,110	reduced	-32.96

	SCHW	schwab charles corp	1.93	15,668	1,226,490	reduced	-47.47