Cove Street Capital, LLC AAP — ADVANCE AUTO PARTS INC

Ownership history in Cove Street Capital, LLC  ·  6 quarters on record

AI Ownership Summary

Cove Street Capital, LLC reported ADVANCE AUTO PARTS INC (AAP) in 6 quarterly 13F filings from 2024 Q2 through 2025 Q3. Peak portfolio weight reached 4.29% in 2024 Q4. The latest visible filing shows AAP at 2.97% of the fund.

This page tracks quarterly shares, estimated market value, portfolio weight, filing dates, and disclosure-aligned stock prices directly from SEC EDGAR 13F filings.

What this AAP ownership page tells you

This page is designed to answer the real investor question behind a 13F filing: how meaningful was Cove Street Capital, LLC's position in ADVANCE AUTO PARTS INC, and how did that conviction change over time? You can read the holding window, peak weight, latest reported size, disclosure timing, and quarter-by-quarter changes without piecing the story together from raw SEC rows.

Freshest filing
Latest Reported Filing
2025 Q3

AAP was reported at 2.97% of portfolio in the most recent visible filing.

High-water mark
Peak Conviction
4.29% in 2024 Q4

Peak weight helps separate a token disclosure from a real conviction holding the fund genuinely cared about.

Time in book
Holding Window
2024 Q2 to 2025 Q3

Longer holding windows often tell a very different story from short-lived tactical trades or one-quarter experiments.

Decision context
Why It Matters
Position size beats headlines

Knowing that a fund owned a stock is useful. Knowing whether it was a 0.20% placeholder or a true high-conviction position is where the signal actually starts.

AAP stock page Cove Street Capital, LLC fund profile Cove Street Capital, LLC full holdings
How Cove Street Capital, LLC held AAP — position size vs. price
% of Fund (quarterly)    AAP price (quarter-end, indexed to 100)    SPY (indexed to 100)    QQQ (indexed to 100)
📋 Quarterly Holdings History 6 quarters  ▾
Quarter Action Sold % After 3M Timing Shares Change Chg % % of Fund Mkt Value Filed Price (Filed)
2025 Q3 REDUCED — — — 36,993 -601 -1.6% 2.97% $2.3M 2025-11-14 (Est.) $49.51
2025 Q2 REDUCED 30.9% +36.0% ❌ 37,594 -16,842 -30.9% 2.56% $1.7M 2025-08-14 $55.99
2025 Q1 REDUCED 30.0% +19.5% ❌ 54,436 -23,382 -30.0% 3.35% $2.1M 2025-05-15 $33.75
2024 Q4 REDUCED 20.9% -16.6% ✅ 77,818 -20,588 -20.9% 4.29% $3.7M 2025-02-12 $46.21
2024 Q3 ADDED — — — 98,406 +33,617 +51.9% 3.00% $3.8M 2024-11-12 $38.62
2024 Q2 INITIATED — — — 64,789 — — 2.95% $4.1M 2024-07-18 $58.88

🏢 Other funds also holding AAP

As of 2026 Q1 — sorted by position size

H PARTNERS MANAGEMENT, LLC 3Y 7Y 46.32% Legion Partners Asset Management, LLC 3Y 7Y 30.66% Estuary Capital Management LP 5.98% Solas Capital Management, LLC 3Y 7Y 5.13% Cygnus Capital Advisors, LLC 3.35% Savoir Faire Capital Management, L.P. 3.34% Two Creeks Capital Management, LP 3Y 7Y 2.75% COOPER CREEK PARTNERS MANAGEMENT LLC 3Y 7Y 2.6% Maple Rock Capital Partners Inc. 3Y 7Y 2.23% Parkwood LLC 3Y 7Y 1.78%

FAQ About Cove Street Capital, LLC and AAP

These are the practical questions this page is built to answer before you even open the full history table.

How long has Cove Street Capital, LLC reported owning AAP?

Cove Street Capital, LLC reported AAP across 6 quarterly 13F filings, from 2024 Q2 through 2025 Q3.

What was the largest reported AAP position in Cove Street Capital, LLC's portfolio?

The largest reported portfolio weight for AAP was 4.29% in 2024 Q4.

What is the latest reported AAP position on this page?

The most recent filing on this page is 2025 Q3, when Cove Street Capital, LLC reported 36,993 shares, equal to 2.97% of portfolio, with an estimated market value of $2.3M.

What does the chart on this AAP ownership page compare?

The chart compares Cove Street Capital, LLC's quarterly AAP portfolio weight with the stock's indexed share price, so you can see whether the fund was building, trimming, or holding the position as price moved.

How well did Cove Street Capital, LLC time their AAP position?

Based on 13F filing dates vs. subsequent AAP price moves, Cove Street Capital, LLC correctly timed 3 out of 5 reported position changes (60%). The annualised alpha on AAP relative to SPY over the holding period was -25.2%.

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