Third Avenue Management Buys The Howard Hughes Corp, Macerich Co, Cooper Tire & Rubber Co, Sells Brookfield Asset Management Inc, Lowe's Inc, PNC Financial Services Group Inc

• New Purchases: HHC, SPY,
• Added Positions: MAC, FPH, UHAL, CTB, AGX, UMBF, TPHS, SRG, HCC, CLNY,
• Reduced Positions: BAM, PNC, RYN, WY, HA, LEN.B, FR, JBGS, FNF, LEN, VC, CMA, VNO, AKR, ICFI, TPH, CARE, FCN, UNF, EME, RESI, KALU, SBSI, CTT, VVI,
• Sold Out: LOW, TRC,

For the details of Third Avenue Management's stock buys and sells, go to https://www.gurufocus.com/guru/third+avenue+management/current-portfolio/portfolio

1. Five Point Holdings LLC (FPH) - 11,713,323 shares, 8.05% of the total portfolio. Shares added by 6.25%
2. Weyerhaeuser Co (WY) - 2,644,843 shares, 7.90% of the total portfolio. Shares reduced by 17.31%
3. Brookfield Asset Management Inc (BAM) - 1,075,748 shares, 6.15% of the total portfolio. Shares reduced by 32.07%
4. Tidewater Inc (TDW) - 2,754,611 shares, 5.25% of the total portfolio. Shares added by 0.63%
5. Lennar Corp (LEN.B) - 1,130,388 shares, 5.00% of the total portfolio. Shares reduced by 11.35%

Third Avenue Management initiated holding in The Howard Hughes Corp. The purchase prices were between $105.44 and $128.38, with an estimated average price of $116.27. The stock is now traded at around $124.43. The impact to a portfolio due to this purchase was 1.41%. The holding were 112,780 shares as of .

Third Avenue Management initiated holding in SPDR S&P 500 ETF Trust. The purchase prices were between $288.06 and $322.94, with an estimated average price of $308.48. The stock is now traded at around $337.17. The impact to a portfolio due to this purchase was 0.11%. The holding were 3,365 shares as of .

Third Avenue Management added to a holding in Macerich Co by 23.18%. The purchase prices were between $25.86 and $29.4, with an estimated average price of $27.4. The stock is now traded at around $22.86. The impact to a portfolio due to this purchase was 0.69%. The holding were 1,376,950 shares as of .

Third Avenue Management added to a holding in Cooper Tire & Rubber Co by 52.27%. The purchase prices were between $24.79 and $30.35, with an estimated average price of $28.32. The stock is now traded at around $27.40. The impact to a portfolio due to this purchase was 0.14%. The holding were 147,893 shares as of .

Third Avenue Management added to a holding in Argan Inc by 25.25%. The purchase prices were between $34.1 and $41.36, with an estimated average price of $38.45. The stock is now traded at around $45.76. The impact to a portfolio due to this purchase was 0.13%. The holding were 166,754 shares as of .

Third Avenue Management sold out a holding in Lowe's Companies Inc. The sale prices were between $106.3 and $120.23, with an estimated average price of $114.57.

Third Avenue Management sold out a holding in Tejon Ranch Co. The sale prices were between $15.91 and $16.74, with an estimated average price of $16.32.