Cove Street Capital, LLC is an SEC-registered investment adviser based in Hermosa Beach, CA that reports managing 1 hedge fund on Form ADV. It reports $93.8 million in regulatory assets under management. Its private funds, of all types, hold $13.5 million in gross assets. Its disclosed U.S. stock holdings returned an estimated +23.2% 2025 YTD through Sep 30 (S&P 500: +13.7%), based on 13F filings. Over a longer period they returned an estimated +36.6% from Q3 2024 to Q3 2025, compared with +22.4% for the S&P 500, based on 13F filings.
- Regulatory assets under management
- $93.8 millionForm ADV Item 5.F
- Gross assets of private funds
- $13.5 millionAll private fund types, Form ADV
- Hedge funds managed
- 11 private funds in total
- Employees
- 2Form ADV Item 5.A
- Registration
- SEC-registered adviserCRD 156260
- Latest Form ADV
- 08/27/2026Disciplinary disclosures: none reported
Estimated 13F portfolio performance
| Quarter | Est. 13F return | S&P 500 |
|---|---|---|
| Q3 2025 | +19.1% | +7.8% |
| Q2 2025 | +7.1% | +10.4% |
| Q1 2025 | -3.4% | -4.5% |
| Q4 2024 | +4.5% | +2.1% |
| Q3 2024 | +6.2% | +5.4% |
Estimate of the firm's disclosed long U.S. stock portfolio from its quarterly 13F filings, holding each quarter-end portfolio to the next quarter-end at prices implied by all 13F filers. It is a price return before dividends and fees, ignores shorts, options, bonds, cash and trading within the quarter, and is not the return of any fund. Disclosures
Largest disclosed holdings
- American Vanguard Corp$8.0 million
- Research Solutions Inc$5.0 million
- Six Flags Entertainment Corp.$4.6 million
- Viasat Inc.$3.5 million
- Ecovyst Inc$2.7 million
- Stonex Group Inc$2.6 million
- Clear Channel Outdoor Holdings$2.6 million
- Climb Global Solutions Inc$2.5 million
- Advance Auto Parts Inc$2.3 million
- Newmarket Corp$2.1 million
As of 2025-09-30, from 13F filing by Cove Street Capital, LLC.
From SEC filings. Firm data comes from the SEC's Form ADV data as of Oct 2, 2026; performance estimates come from Form 13F. HedgeMountain has not verified this information, and it is not an offer, solicitation or recommendation. Full disclosures