Cove Street Capital, LLC
Cove Street Capital, LLC is an independent investment advisory firm headquartered in El Segundo, California. Founded in 2011, it operates as an SEC-registered investment adviser with a small team of employees. The firm primarily serves institutional clients and high-net-worth individuals, offering focused equity investment strategies. Cove Street Capital is known for its value-oriented approach and commitment to delivering superior investment results through disciplined research and portfolio management.
Investment Strategy
Cove Street Capital employs a concentrated, value-oriented investment strategy that focuses on identifying overlooked or misunderstood companies trading at significant discounts to their intrinsic value. The firm seeks to invest in businesses with strong management teams, solid financials, and catalysts for value realization, while employing rigorous, fundamental security analysis and risk management. Its approach emphasizes long-term capital appreciation by holding a limited number of high-conviction positions.
Top Holdings
Equity Positions (94)
| Ticker | Security | Weight | Market Value | Shares | Avg Cost | Price | Change (QoQ) |
|---|---|---|---|---|---|---|---|
A AVD | AMERICAN VANGUARD CORP | 7.18% | $4.9M | 1,248,283 | $7.66 | $3.92 | -$32.7K |
E ECVT | ECOVYST INC | 6.88% | $4.7M | 569,674 | $10.26 | $8.23 | +$731.9K |
R RSSS | RESEARCH SOLUTIONS INC | 5.63% | $3.8M | 1,336,703 | $2.35 | $2.87 | +$338.5K |
V VSAT | VIASAT INC | 5.54% | $3.8M | 258,785 | $32.48 | $14.60 | +$1.7M |
S SNEX | STONEX GROUP INC | 3.44% | $2.3M | 25,760 | $46.94 | $91.14 | +$310.5K |
Industry Allocation
Investment Team (2)
| Name | Role | Location | |
|---|---|---|---|
M Matt Weber | Principal, President | La Cañada Flintridge, CA , United States | |
 | Principal, Portfolio Manager | Hermosa Beach, CA , United States |