Hedge Fund - Cove Street Capital

Based in the Los Angeles area, Cove Street Capital provides concentrated, value-based investment strategies to exploit inefficiencies in public markets. The firm fosters a highly motivated, entrepreneurial, and open environment. Each team member comprehends DHM and its prioritization—Delight Clients, Have Fun, Make Money. Cove Street Capital values personal growth and incentivizes it accordingly, recognizing that the greatest contribution one can make is aiding others in gaining knowledge.

Jeffrey Bronchick, CFA, Founder and Portfolio Manager at Cove Street Capital (CSC), boasts over 35 years of experience in research-driven, value-based investment strategies across all market capitalizations. Prior to CSC, he served as Chief Investment Officer at Reed Conner & Birdwell, LLC in Los Angeles. Jeffrey's diverse background includes roles in equity research, sales, and trading at Neuberger Berman, Bankers Trust, and First Boston. He holds a BA in Economics from the University of Pennsylvania and attended the London School of Economics. When not immersed in SEC filings, Jeffrey enjoys parenting twin girls, playing lead guitar, golfing, and competing in racquet sports for cash bets.

Cove Street Capital has 62 clients and manages discretionary assets totaling $363,989,681 as of Form ADV from March 2024. Their most recent 13F filing for Q1 2024 indicates holdings of $316,039,946 in managed 13F securities, with a top 10 holdings concentration of 46.17%. Notably, their largest holding is IAC/Interactivecorp, with 427,289 shares held.