 | |
Third Avenue Value Fund | TAVFXMutual Fund | |
| Third Avenue Value Fund | |
| Last update 2024-03-21 | 29 Stocks (1 new) |
| Value $620.00 Mil | Turnover 5 % |
| Portfolio Report | |
Third Avenue Value Fund Profile
Legendary value investor Martin J. Whitman founded the Third Avenue Value Fund in 1990. The Value strategy’s flexible mandate takes a global, all-cap equities approach and allows for opportunistic investments in credit securities across the capital structure. Opportunities are evaluated with sharp focus on financial strength, ability to compound NAV, and priced at a significant discount to the fund's conservative estimate of NAV.
Third Avenue Value Fund Investing Philosophy
Third Aveneue Value Fund aims to build a differentiated portfolio of contrarian and special-situation opportunities by investing opportunistically across a global universe of sectors, geographies and security types. The fund seeks long-term capital appreciaiton by investing in companies with strong financial positions, and valuations supported by tangible assets and market prices substantially below the fund's estimate of intrinsic business value.
Third Avenue Value Fund's Portfolio
Third Avenue Value Fund Current Holdings
| Ticker |
|---|
| Ticker |
MEX:BOLSAA |
HKSE:00001 |
LSE:SFOR |
XTER:MBG |
LSE:BIRG |
XTER:BMW |
TSX:CS |
LSE:EZJ |
XTER:DBK |
MIL:BZU |
VAL |
CMA |
TSE:6856 |
ORI |
LAZ |
TSX:LUN |
XSGO:VAPORES |
TSE:5233 |
TSE:3382 |
SGX:C07 |
| Ticker | | Company | Shares | Value ($1000) | Shares Change % | Weighting % | Trade Impact % | % of Shares outstanding | 3M Change % | YTD Change % | Market Cap $Mil | Industry |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Ticker | | Company | Shares | Value ($1000) | Shares Change % | Weighting % | Trade Impact % | % of Shares outstanding | 3M Change % | YTD Change % | Market Cap $Mil | Industry |
MEX:BOLSAA | Bolsa Mexicana de Valores SAB de CV | 4,227,162 | 8,591.12 | New Holding | 1.39 | +1.39% | 0.74 | -2.62% | -4.78% | 19,034.67 | Capital Markets | |
HKSE:00001 | CK Hutchison Holdings Ltd | 3,560,480 | 18,389.24 | +234.80% | 2.97 | +2.08% | 0.09 | -4.85% | -8.60% | 146,499.20 | Conglomerates | |
LSE:SFOR | S4 Capital PLC | 31,680,582 | 17,664.87 | +31.33% | 2.85 | +0.68% | 5.49 | +17.61% | -5.43% | 291.63 | Media - Diversified | |
XTER:MBG | Mercedes-Benz Group AG | 245,633 | 16,583.37 | +6.44% | 2.68 | +0.16% | 0.02 | +21.38% | +18.88% | 79,553.11 | Vehicles & Parts | |
LSE:BIRG | Bank of Ireland Group PLC | 2,998,475 | 27,573.92 | +5.11% | 4.45 | +0.22% | 0.29 | +21.98% | +23.27% | 10,512.39 | Banks | |
XTER:BMW | Bayerische Motoren Werke AG | 295,243 | 30,720.94 | +4.58% | 4.96 | +0.22% | 0.04 | +12.27% | +5.58% | 67,532.22 | Vehicles & Parts | |
TSX:CS | Capstone Copper Corp | 7,562,750 | 37,238.58 | 0% | 6.01 | 0% | 1.00 | +49.13% | +59.53% | 7,746.35 | Metals & Mining | |
LSE:EZJ | easyJet PLC | 4,579,913 | 32,064.17 | 0% | 5.17 | 0% | 0.61 | +2.61% | +6.39% | 4,053.16 | Transportation | |
XTER:DBK | Deutsche Bank AG | 2,198,228 | 28,396.12 | 0% | 4.58 | 0% | 0.11 | +36.85% | +33.71% | 32,642.43 | Banks | |
MIL:BZU | Buzzi Spa | 739,479 | 25,134.88 | 0% | 4.06 | 0% | 0.40 | +10.02% | +23.60% | 6,301.89 | Building Materials | |
VAL | Valaris Ltd | 368,192 | 22,780.04 | 0% | 3.68 | 0% | 0.51 | +0.68% | +0.92% | 5,010.83 | Oil & Gas | |
CMA | Comerica Inc | 414,147 | 21,775.85 | 0% | 3.51 | 0% | 0.31 | -3.87% | -5.40% | 6,898.29 | Banks | |
TSE:6856 | Horiba Ltd | 268,800 | 21,566.92 | 0% | 3.48 | 0% | 0.64 | +25.46% | +34.04% | 621,910.67 | Hardware | |
ORI | Old Republic International Corp | 716,482 | 20,090.16 | 0% | 3.24 | 0% | 0.26 | +8.63% | +3.42% | 8,300.92 | Insurance | |
LAZ | Lazard Inc | 481,253 | 18,759.24 | 0% | 3.03 | 0% | 0.55 | +0.01% | +13.49% | 3,408.73 | Capital Markets | |
TSX:LUN | Lundin Mining Corp | 2,255,391 | 18,419.57 | 0% | 2.97 | 0% | 0.29 | +47.59% | +50.72% | 12,581.25 | Metals & Mining | |
XSGO:VAPORES | Compania Sud Americana de Vapores SA | 251,900,377 | 18,151.57 | 0% | 2.93 | 0% | 0.49 | +7.10% | +36.60% | 3,792,538.85 | Transportation | |
TSE:5233 | Taiheiyo Cement Corp | 851,200 | 17,519.67 | 0% | 2.83 | 0% | 0.73 | +21.01% | +22.49% | 407,426.04 | Building Materials | |
TSE:3382 | Seven & i Holdings Co Ltd | 1,309,200 | 17,235.54 | 0% | 2.78 | 0% | 0.02 | +6.38% | +10.34% | 5,332,425.01 | Retail - Defensive | |
SGX:C07 | Jardine Cycle & Carriage Ltd | 771,000 | 14,877.25 | 0% | 2.40 | 0% | 0.20 | -2.52% | -11.76% | 10,378.91 | Conglomerates |
Total 31
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