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| Quarter | Letter Date | Fund Name | QTD | YTD | Tickers | Keywords/Themes | Theme Commentary | Pitches | Letter |
|---|---|---|---|---|---|---|---|---|---|
| 2024 Q1 | Apr 15, 2024 | Cove Street Capital Small Cap Value Fund | 3.7% | -6.0% | CLMB, CMP, DCO, GLDD, HNRG, LFCR, LTRPA, OUT, PKE, RDVT, SSP, TBRG, TRI, TRU, VSAT, WMT | aerospace, healthcare, Media, small caps, technology, value | Manager emphasizes seeking better businesses at reasonable prices, making rational purchase decisions from pessimistic sellers. Notes that the more Graham-style value opportunities exist, the more neglect there seems to be in the market. | RDVT TBRG PKE |
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| 2023 Q2 | Dec 7, 2023 | Cove Street Capital Small Cap Value Fund | 3.7% | -6.0% | AAP, ALC, ANGI, AZO, DCO, DELL, GBLI, GLDD, IAC, LFCR, LTRPA, MGM, MPAA, ORLY, SCWX, SNEX, SSP, TRIP, VSAT | aerospace, Concentration, infrastructure, Media, small cap, technology, value | Manager views AI as a marketing term with unclear monetization prospects. Notes that market activity in 2023 has been driven by large tech stocks attaching themselves to the AI bandwagon, but emphasizes there is nothing remotely clear about making money in AI. | View | |
| 2022 Q2 | Aug 24, 2022 | GreenWood Investors | 0.0% | 16.6% | CTT AU, LTRPA, RH | - | View | ||
| 2023 Q4 | Aug 1, 2024 | Cove Street Capital Small Cap Value Fund | 3.7% | -6.0% | AVD, CJREF, CNX, DLHC, HNGR, LFCR, LTRPA, OUT, SSP, VSAT, VTS | Agriculture, concentrated, energy, Media, small cap, Travel, value | Manager holds three energy-related stocks including Hallador Energy, CNX Resources, and Vitesse Energy. Believes demand for carbon energy is stickier than many expect and sufficient alternatives are harder to produce than anticipated, creating higher and steadier profit fundamentals for domestic energy sources. | View | |
| 2024 Q4 | Jan 28, 2025 | CrossingBridge Advisors | - | - | BLDR, LTH, LTRPA, MGNI | credit, fixed income, high yield, loans, rates | High yield credit spreads are historically tight at 292 bp, 132 bp tighter than fair value according to econometric models. Manager sees parallels to 2005-06 pre-GFC levels and warns that overvalued asset classes can become more overvalued but questions sustainability. | LTRPA BLDR MGNI |
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| 2022 Q4 | Jan 13, 2023 | Cove Street Capital Small Cap Value Fund | 3.7% | -6.0% | AVID, CLMB, HRG, IAC, IEHC, LFCR, LTRPA, SKX, UFPT, VMD | - | View |
| Date | Pitch Type | Author | Company | Industry | Sub Industry | Bull / Bear | Stock Exchange | Keywords | Action |
|---|---|---|---|---|---|---|---|---|---|
| Apr 13, 2026 | Fund Letters | CrossingBridge Advisors | Liberty TripAdvisor Holdings | Communication Services | Interactive Media & Services | Bull | NASDAQ | Activist Credit, Corporate action, Event-driven, Exchangeable, holding company, Put Option, Special situations, Travel | View Pitch |
| Manager Name | Fund Name | Fund AUM | Invested Value | Portfolio Weight | Shares Owned | Shares Bought / Sold During Quarter | % Bought / Sold During Quarter | % of Shares Outstanding Owned |
|---|---|---|---|---|---|---|---|---|
| No investor data available. | ||||||||