Third Avenue Management (Trades, Portfolio) manages mutual funds, separate accounts and hedge funds. The firm bought shares in the following stocks in both second and first quarter of 2018.
CSG Systems International Inc. (CSGS)
In the first quarter, the guru boosted its position by 79.94% and added 7.96% in the second quarter. Its revenue of $798.82 million has increased by 0.60% over the past five years.
With a market cap of $1.36 billion, the company provides business support solutions to the communications industry.
Jim Simons (Trades, Portfolio) is the largest shareholder of the company among the gurus, with 7.51% of outstanding shares followed by Third Avenue Management (Trades, Portfolio) with 0.39%, Jeremy Grantham (Trades, Portfolio) with 0.17% and Hotchkis & Wiley with 0.08%.
Seaboard Corp. (SEB)
The firm raised the holding by 37.57% during first quarter and then again by 9.78% in the second quarter.
The company operates in six business segments: pork, commodity trading and milling, marine, sugar, power and turkey. It has a market cap of $4.33 billion. Its revenue of $5.98 billion has decreased by 2.60% over the past five years.
The largest shareholder among the gurus is Kahn Brothers (Trades, Portfolio) with 0.67% of outstanding shares followed by Simons with 0.45% and Third Avenue Management (Trades, Portfolio) with 0.12%.
Aspen Insurance Holdings Ltd. (AHL)
The firm boosted its position by 148.24% in the first quarter and added 3.68% in the second quarter.
The insurance and reinsurance company has a market cap of $2.4 billion. Its revenue of $2.53 billion has increased 8.10% over the past five years.
Donald Smith (Trades, Portfolio) is the largest guru shareholder with 3.86% of outstanding shares followed by Richard Pzena (Trades, Portfolio) with 2.64%, NWQ Managers (Trades, Portfolio) with 2.2% and Simons with 1.3%.
Amerco Inc. (UHAL)
In the first quarter, the guru added 57.77% to the holding and then increased it 0.25% in the second quarter.
The company provides rental trucks to household movers. It has a market cap of $7.28 billion. Its revenue of $3.60 billion has increased 6.80% over the past five years.
The largest shareholder among the gurus is David Abrams (Trades, Portfolio) with 2.51% of outstanding shares followed by Barrow, Hanley, Mewhinney & Strauss with 2.07% and Robert Bruce (Trades, Portfolio) with 0.95%.
Lennar Corp Class B (LEN.B)
The guru boosted the holding by 212.50% in the first quarter and then added another 149.61% in the second quarter.
With a market cap of $16.75 billion, the company provides home building service. Its revenue of $15.48 billion has risen 23.10% over the past five years.
Mario Gabelli (Trades, Portfolio) is the largest shareholder of the company among the gurus with 0.52% of outstanding shares followed by Third Avenue Management (Trades, Portfolio) with 0.33% and Simons with 0.07%.
Tidewater Inc. (TDW)
The guru raised the stake by 33.26% in the first quarter and then increased it 1.17% in the second quarter.
With a market cap of $876.2 million, the company supplies offshore service vessels to the global energy industry.
Another notable shareholder among the gurus is Martin Whitman (Trades, Portfolio) with 5.74% of outstanding shares.
Warrior Met Coal Inc. (HCC)
In the first quarter, the guru boosted the holding 85.39% and then raised the stake 97.71% in the second quarter.
With a market cap of $1.37 billion, the company produces metallurgical coal for the steel industry.Â
Whitman is another notable shareholder of the company among the gurus with 4.76% of outstanding shares followed by Simons with 0.69% and Ken Heebner (Trades, Portfolio) with 0.53%.
Macerich Co. (MAC)
The guru raised the stake 43.22% in the first quarter and by 29.87% in the second quarter.
With a market cap of $8.04 billion, the company develops high-quality regional malls, outlets and shopping centers. Its revenue of $983.35 million has increased 2.20% over the last five years.
Another notable shareholder among the gurus is Pioneer Investments (Trades, Portfolio) with 1.12% of outstanding shares followed by Mario Cibelli (Trades, Portfolio) with 0.18%.
Disclosure: I do not own shares of any stocks mentioned in this article.
