Third Avenue Management

Third Avenue Management

13F
Third Avenue Management
Last update 2023-08-14 58 Stocks (5 new)
Value $606.00 Mil Turnover 5 %
Countries:
Portfolio Report

Third Avenue Management Profile

Founded by legendary value investor Martin Whitman, Third Avenue Management manages mutual funds, separate accounts and hedge funds. Since 2002, Third Avenue Management has partnered with Affiliated Managers Group, a publicly traded asset manager that has invested in a diverse stable of boutique asset management firms. This partnership allowed Third Avenue to extend ownership rights to its senior professionals, including key members of the investment team, providing a clear and transparent succession plan for the Firm and all of its principals.
Third Avenue Management manages assets across four core strategies β€” Value, Small-Cap, Real Estate and International Real Estate – which are available to investors through 40Act mutual funds, institutional separately managed accounts and a Real Estate Value Fund UCITS for non-U.S. investors.

Third Avenue Management Investing Philosophy

For over 25 years, Third Avenue Management has consistently pursued a fundamental, bottom-up approach to deep value and distressed investing. Third Avenue takes an unconstrained investment approach and pursues opportunities across market capitalizations and geographies. The firm's core real estate, value and small-cap strategies focus on high-conviction ideas, pursuing maximum allocation to the best risk-adjusted return prospects across our universe.

Third Avenue Management Portfolio and Latest Trades

Type:
Ticker
Company
Date
Action
Impact %
Price Range
Price
Price Change from Avrg%
Comment
Current Shares
Share Change
TDW
Tidewater Inc2023-06-30Reduce
-2.23%
●
39.6 ($45.76) 55.44
$68.12
48.86%
Reduce -21.19%
1,098,599
-295,408
VAL
Valaris Ltd2023-06-30Add
+1.15%
●
55 ($60.35) 66.96
$73.25
21.38%
Add 35.74%
419,726
110,522
LEN.B
Lennar Corp2023-06-30Reduce
-0.92%
●
86.71 ($98.59) 112.98
$100.84
2.28%
Reduce -21.98%
213,368
-60,100
EME
EMCOR Group Inc2023-06-30Sold Out
-0.91%
●
152.82 ($167.2) 184.78
$207.55
24.13%
Sold Out
0
-32,597
CMA
Comerica Inc2023-06-30Add
+0.66%
●
31.21 ($40.46) 47.09
$40.16
-0.73%
Add 19.68%
574,906
94,548
JLL
Jones Lang LaSalle Inc2023-06-30Add
+0.59%
●
127.27 ($141.85) 155.8
$136.25
-3.95%
Add 45.17%
74,378
23,143
DHI
D.R. Horton Inc2023-06-30Reduce
-0.56%
●
95.64 ($109.16) 123.05
$105.26
-3.57%
Reduce -16.9%
165,678
-33,696
TPH
Tri Pointe Homes Inc2023-06-30Reduce
-0.45%
●
24.75 ($29.22) 33.16
$26.92
-7.87%
Reduce -39.88%
155,997
-103,466
IVT
InvenTrust Properties Corp2023-06-30Reduce
-0.44%
●
20.92 ($22.57) 23.98
$23.28
3.15%
Reduce -20.27%
432,819
-110,033
MSGE
Madison Square Garden Entertainment Corp2023-06-30Sold Out
-0.41%
●
28.7 ($34.31) 40.09
$32.82
-4.34%
Sold Out
0
-81,238
KALU
Kaiser Aluminum Corp2023-06-30Add
+0.38%
●
57.36 ($66.24) 74.81
$73.76
11.35%
Add 50.39%
96,721
32,406
PLD
Prologis Inc2023-06-30Reduce
-0.38%
●
116.9 ($123.04) 128.08
$109.28
-11.18%
Reduce -10.49%
150,531
-17,635
SUPN
Supernus Pharmaceuticals Inc2023-06-30Add
+0.32%
●
29.91 ($35.01) 38.73
$27.09
-22.62%
Add 2626.1%
67,062
64,602
SUI
Sun Communities Inc2023-06-30New Buy
+0.25%
●
125.13 ($133.87) 141.8
$114.33
-14.60%
New holding
11,517
11,517
SPHR
Sphere Entertainment Co2023-06-30Add
+0.21%
●
21.53 ($26.53) 31.31
$43.33
63.31%
Add 58.49%
128,752
47,514
EQC
Equity Commonwealth2023-06-30New Buy
+0.18%
●
20.21 ($20.7) 21.3
$18.15
-12.32%
New holding
55,000
55,000
LOW
Lowe's Companies Inc2023-06-30Reduce
-0.17%
●
198.57 ($207.87) 225.7
$205.53
-1.13%
Reduce -8.15%
57,096
-5,063
ITIC
Investors Title Co2023-06-30New Buy
+0.16%
●
131.15 ($141.75) 154.9
$147.76
4.24%
New holding
6,673
6,673
MYRG
MYR Group Inc2023-06-30Reduce
-0.14%
●
117.93 ($130.48) 139.81
$130.37
-0.08%
Reduce -7.24%
80,885
-6,316
UNF
UniFirst Corp2023-06-30Add
+0.13%
●
155.01 ($168.37) 181.22
$161.97
-3.80%
Add 32.76%
19,837
4,895
WSR
Whitestone REIT2023-06-30New Buy
+0.13%
●
8.22 ($9.01) 9.82
$9.37
4.00%
New holding
80,000
80,000
ELME
Elme Communities2023-06-30New Buy
+0.12%
●
15.07 ($16.54) 18.11
$13.49
-18.44%
New holding
45,000
45,000
ICFI
ICF International Inc2023-06-30Reduce
-0.11%
●
108.02 ($115.31) 126.16
$119.72
3.82%
Reduce -9.44%
57,779
-6,023
ECPG
Encore Capital Group Inc2023-06-30Add
+0.10%
●
43.07 ($48.69) 53.23
$47.66
-2.12%
Add 9.12%
144,955
12,118
FIX
Comfort Systems USA Inc2023-06-30Reduce
-0.08%
●
129.31 ($148.66) 166.3
$167.45
12.64%
Reduce -11.06%
25,704
-3,198
DB
Deutsche Bank AG2023-06-30Add
+0.06%
●
9.95 ($10.53) 11.04
$10.60
0.62%
Add 1.24%
3,048,570
37,467
BATRA
Atlanta Braves Holdings Inc2023-06-30Reduce
-0.06%
●
34.58 ($38.59) 41.38
$39.10
1.32%
Reduce -5.56%
164,438
-9,690
RMR
The RMR Group Inc2023-06-30Add
+0.04%
●
21.14 ($23.4) 26.24
$24.13
3.12%
Add 42.31%
37,000
11,000
ROIC
Retail Opportunity Investments Corp2023-06-30Add
+0.03%
●
12.06 ($12.98) 13.96
$12.06
-7.09%
Add 20%
90,000
15,000
CTO
CTO Realty Growth Inc2023-06-30Add
+0.01%
●
15.83 ($16.53) 17.26
$15.97
-3.39%
Add 8.85%
63,000
5,121
HA
Hawaiian Holdings Inc2023-06-30Add
+0.01%
●
7.34 ($8.67) 10.77
$5.74
-33.85%
Add 0.39%
1,562,125
5,992
LAZ
Lazard Ltd2023-06-30Add
+0.01%
●
28.15 ($30.95) 35.25
$29.95
-3.23%
Add 0.41%
550,206
2,256
ORI
Old Republic International Corp2023-06-30Add
+0.01%
●
24.22 ($25.05) 25.72
$26.32
5.07%
Add 0.23%
836,331
1,900
HCC
Warrior Met Coal Inc2023-06-30Add
+0.01%
●
32.78 ($36.22) 39.38
$49.88
37.73%
Add 0.12%
1,344,911
1,644
BN
Brookfield Corp2023-06-30Reduce
0%
●
30.04 ($31.81) 33.65
$30.11
-5.34%
Reduce -0.02%
521,123
-103
CBRE
CBRE Group Inc2023-06-30Reduce
0%
●
69.84 ($74.84) 80.71
$72.47
-3.16%
Reduce -0.02%
181,189
-32
CCF
Chase Corp2023-06-30Reduce
0%
●
99.75 ($114.77) 130.48
$127.14
10.78%
Reduce -0.25%
40,192
-100
FPH
Five Point Holdings LLC2023-06-30Reduce
0%
●
2.24 ($2.4) 2.96
$2.91
21.25%
Reduce -0.04%
3,751,240
-1,360
FRPH
FRP Holdings Inc2023-06-30Reduce
0%
●
52.81 ($57.31) 61.03
$54.08
-5.64%
Reduce -0.14%
126,489
-182
HBB
Hamilton Beach Brands Holding Co2023-06-30Reduce
0%
●
9.21 ($9.96) 10.71
$12.41
24.60%
Reduce -0.16%
569,404
-894
PRA
ProAssurance Corp2023-06-30Reduce
0%
●
12.12 ($15.78) 18.85
$18.18
15.22%
Reduce -0.13%
443,510
-575
RYN
Rayonier Inc2023-06-30Reduce
0%
●
28.42 ($30.78) 33.27
$27.83
-9.58%
Reduce -0.02%
446,208
-68
SEB
Seaboard Corp2023-06-30Reduce
0%
●
3525.62 ($3798.05) 3999.85
$3,733.87
-1.69%
Reduce -0.13%
2,333
-3
UHAL.B
U-Haul Holding Co2023-06-30Reduce
0%
●
45.26 ($52.34) 59.05
$51.28
-2.03%
Reduce -0.01%
312,421
-23
UMBF
UMB Financial Corp2023-06-30Reduce
0%
●
54.27 ($59.67) 67.24
$60.49
1.37%
Reduce -0.09%
149,284
-139
WASH
Washington Trust Bancorp Inc2023-06-30Reduce
0%
●
22.59 ($28.07) 34.66
$25.91
-7.70%
Reduce -0.08%
204,152
-162
WY
Weyerhaeuser Co2023-06-30Reduce
0%
●
28.25 ($30.1) 33.51
$29.98
-0.40%
Reduce -0.02%
485,242
-105
TDW
Tidewater Inc2023-03-31Reduce
-2.67%
●
34.02 ($42.97) 51.78
$68.12
58.53%
Reduce -23.02%
1,394,007
-416,918
HA
Hawaiian Holdings Inc2023-03-31Add
+1.43%
●
7.58 ($10.59) 13.35
$5.74
-45.85%
Add 141%
1,556,133
910,431
CMA
Comerica Inc2023-03-31Add
+1.31%
●
40.4 ($64.09) 76.94
$40.16
-37.33%
Add 58.3%
480,358
176,912
JLL
Jones Lang LaSalle Inc2023-03-31New Buy
+1.27%
●
137.2 ($166.69) 185.01
$136.25
-18.26%
New holding
51,235
51,235
LEN.B
Lennar Corp2023-03-31Reduce
-0.71%
●
76.13 ($83.64) 89.35
$100.84
20.56%
Reduce -16.63%
273,468
-54,540
IVT
InvenTrust Properties Corp2023-03-31Reduce
-0.61%
●
21.31 ($23.6) 25.22
$23.28
-1.36%
Reduce -21.58%
542,852
-149,368
LAZ
Lazard Ltd2023-03-31Add
+0.52%
●
32.2 ($36.89) 41.16
$29.95
-18.81%
Add 20.09%
547,950
91,664
HCC
Warrior Met Coal Inc2023-03-31Add
+0.43%
●
32.11 ($36.97) 42.44
$49.88
34.93%
Add 5.39%
1,343,267
68,653
FPH
Five Point Holdings LLC2023-03-31Reduce
-0.38%
●
2.03 ($2.34) 2.77
$2.91
24.36%
Reduce -19.8%
3,752,600
-926,403
FNF
Fidelity National Financial Inc2023-03-31Reduce
-0.37%
●
32.11 ($39.35) 44.74
$39.50
0.38%
Reduce -32.02%
121,428
-57,197
AMH
American Homes 4 Rent2023-03-31Reduce
-0.30%
●
28.91 ($31.9) 35.49
$32.97
3.34%
Reduce -13.88%
355,823
-57,340
TPH
Tri Pointe Homes Inc2023-03-31Reduce
-0.23%
●
18.95 ($22.65) 25.32
$26.92
18.85%
Reduce -21.42%
259,463
-70,715
MYRG
MYR Group Inc2023-03-31Reduce
-0.22%
●
92.06 ($107.53) 126.01
$130.37
21.24%
Reduce -13.82%
87,201
-13,986
DB
Deutsche Bank AG2023-03-31Add
+0.21%
●
9.35 ($11.96) 13.49
$10.60
-11.41%
Add 4.25%
3,011,103
122,738
PRA
ProAssurance Corp2023-03-31Add
+0.21%
●
17.5 ($18.8) 19.97
$18.18
-3.29%
Add 17.16%
444,085
65,042
UMBF
UMB Financial Corp2023-03-31Add
+0.20%
●
57.72 ($81.27) 91.96
$60.49
-25.57%
Add 15.87%
149,423
20,471
STRS
Stratus Properties Inc2023-03-31Sold Out
-0.20%
●
18.74 ($20.8) 23.15
$26.04
25.19%
Sold Out
0
-60,245
DHI
D.R. Horton Inc2023-03-31Reduce
-0.17%
●
90.26 ($95.36) 102.94
$105.26
10.38%
Reduce -5.28%
199,374
-11,123
WASH
Washington Trust Bancorp Inc2023-03-31Add
+0.13%
●
34.66 ($42.18) 48.32
$25.91
-38.57%
Add 11.8%
204,314
21,569
ECPG
Encore Capital Group Inc2023-03-31Add
+0.12%
●
44.56 ($52.28) 57.54
$47.66
-8.84%
Add 11.13%
132,837
13,306
VAL
Valaris Ltd2023-03-31Add
+0.10%
●
59.74 ($69.73) 79.01
$73.25
5.05%
Add 3.09%
309,204
9,269
SPHR
Sphere Entertainment Co2023-03-31Add
+0.09%
●
20.21 ($24.95) 28.7
$43.33
73.65%
Add 27.82%
81,238
17,680
RYN
Rayonier Inc2023-03-31Reduce
-0.07%
●
31.33 ($34) 37.27
$27.83
-18.15%
Reduce -2.55%
446,276
-11,674
WY
Weyerhaeuser Co2023-03-31Reduce
-0.07%
●
28.3 ($31.52) 35.71
$29.98
-4.89%
Reduce -2.68%
485,347
-13,378
PLD
Prologis Inc2023-03-31Reduce
-0.05%
●
112.69 ($122.9) 134.49
$109.28
-11.08%
Reduce -1.58%
168,166
-2,698
URTH
iShares MSCI World ETF2023-03-31Sold Out
-0.05%
●
108.88 ($114.68) 119.43
$118.96
3.73%
Sold Out
0
-2,631
CBRE
CBRE Group Inc2023-03-31Add
+0.01%
●
68.45 ($81.7) 89.51
$72.47
-11.29%
Add 0.27%
181,221
479
FR
First Industrial Realty Trust Inc2023-03-31Add
+0.01%
●
47.64 ($52.1) 54.94
$46.59
-10.58%
Add 0.35%
158,010
558
ORI
Old Republic International Corp2023-03-31Reduce
-0.01%
●
23.43 ($25.17) 26.7
$26.32
4.57%
Reduce -0.39%
834,431
-3,250
BAM
Brookfield Asset Management Ltd2023-03-31Add
0%
●
28.46 ($32.48) 35.64
$32.40
-0.26%
Add 0.37%
130,646
487
BN
Brookfield Corp2023-03-31Add
0%
●
28.62 ($33.78) 38.17
$30.11
-10.86%
Add 0.11%
521,226
584
DB
Deutsche Bank AG2022-12-31New Buy
+5.68%
●
7.44 ($9.86) 11.52
$10.60
7.45%
New holding
2,888,365
2,888,365
UHAL
U-Haul Holding Co2022-12-31Reduce
-3.70%
●
50.32 ($57.53) 66.84
$53.45
-7.09%
Reduce -99.59%
1,508
-369,442
UHAL.B
U-Haul Holding Co2022-12-31New Buy
+2.99%
●
52.06 ($57.91) 66.74
$51.28
-11.45%
New holding
312,444
312,444
TDW
Tidewater Inc2022-12-31Reduce
-1.23%
●
22.88 ($30.42) 36.85
$68.12
123.93%
Reduce -13.68%
1,810,925
-286,932
ECPG
Encore Capital Group Inc2022-12-31New Buy
+1.00%
●
45.06 ($48.23) 50.98
$47.66
-1.18%
New holding
119,531
119,531
LEN.B
Lennar Corp2022-12-31Reduce
-0.77%
●
57.92 ($68.29) 77.74
$100.84
47.66%
Reduce -16.64%
328,008
-65,463
HA
Hawaiian Holdings Inc2022-12-31Reduce
-0.66%
●
9.67 ($13.36) 15.33
$5.74
-57.07%
Reduce -28.33%
645,702
-255,286
BAM
Brookfield Asset Management Ltd2022-12-31New Buy
+0.65%
●
27.11 ($30.09) 33.01
$32.40
7.66%
New holding
130,159
130,159
HCC
Warrior Met Coal Inc2022-12-31Reduce
-0.55%
●
29.84 ($35.37) 39.08
$49.88
41.04%
Reduce -7.18%
1,274,614
-98,620
LOW
Lowe's Companies Inc2022-12-31Reduce
-0.50%
●
178.3 ($199.87) 215.48
$205.53
2.83%
Reduce -17.96%
62,159
-13,607
BSIG
BrightSphere Investment Group Inc2022-12-31Sold Out
-0.40%
●
15.15 ($18.88) 20.82
$19.08
1.06%
Sold Out
0
-137,908
FPH
Five Point Holdings LLC2022-12-31Reduce
-0.37%
●
1.98 ($2.26) 2.71
$2.91
28.76%
Reduce -13.51%
4,679,003
-730,748
SBSI
Southside Bancshares Inc2022-12-31Add
+0.33%
●
32.2 ($35.47) 38.15
$28.43
-19.85%
Add 33.3%
209,426
52,317
CALM
Cal-Maine Foods Inc2022-12-31Sold Out
-0.31%
●
52.97 ($57.83) 64.63
$47.50
-17.86%
Sold Out
0
-28,403
EME
EMCOR Group Inc2022-12-31Reduce
-0.30%
●
118.62 ($141.94) 155.4
$207.55
46.22%
Reduce -28.81%
32,597
-13,191
FIX
Comfort Systems USA Inc2022-12-31Reduce
-0.26%
●
100.76 ($116.29) 126.92
$167.45
43.99%
Reduce -31.83%
28,902
-13,498
RYN
Rayonier Inc2022-12-31Reduce
-0.25%
●
30.82 ($33.87) 36.17
$27.83
-17.83%
Reduce -8.51%
457,950
-42,570
VAL
Valaris Ltd2022-12-31Reduce
-0.23%
●
53.7 ($62.39) 69.1
$73.25
17.41%
Reduce -7.3%
299,935
-23,616
DHI
D.R. Horton Inc2022-12-31Reduce
-0.18%
●
67.14 ($80.15) 90.45
$105.26
31.33%
Reduce -6.12%
210,497
-13,715
SPHR
Madison Square Garden Entertainment Corp2022-12-31Reduce
-0.17%
●
40.31 ($45.3) 50.2
$43.33
-4.36%
Reduce -23.64%
63,558
-19,679
WY
Weyerhaeuser Co2022-12-31Reduce
-0.17%
●
28.66 ($30.99) 33.09
$29.98
-3.26%
Reduce -5.74%
498,725
-30,348
FNF
Fidelity National Financial Inc2022-12-31Reduce
-0.15%
●
35.07 ($37.52) 40.88
$39.50
5.28%
Reduce -10.79%
178,625
-21,598
100/Page
Total 255

Third Avenue Management News

  • 1

Discussions on Third Avenue Management

No discussions yet.