COVE STREET CAPITAL, LLC

Overview

Cove Street Capital, LLC operates as a small, equity-first investment adviser with a hedge fund orientation. The firm concentrates its public market activity in exchange-traded equities and runs pooled vehicles in addition to separately managed accounts for individuals, families and institutional clients. Its fee structure combines a percentage of assets under management with performance-based fees, which aligns compensation with portfolio results and supports an active, concentrated approach in public equities. Portfolio construction tilts toward high-conviction stock positions: the firm reports a relatively compact 96-position public equity sleeve and an average holding value near $797K, signaling selective exposure rather than broad indexing. Beyond listed equities and ETFs, Cove Street Capital allocates capital into alternative strategies—specifically private equity and real estate—and uses mutual funds and corporate debt as complementary building blocks. The adviser does not list ESG as an active investment priority.

Assets & Accounts

Public Holdings

Investments & Alternatives

Location & Offices