Third Avenue Management Buys Prologis Inc, Essex Property Trust Inc, Public Storage, Sells Macerich Co, Weyerhaeuser Co, Acadia Realty Trust

• New Purchases: PLD, ESS, PSA, LOW, ORI, CBRE, FDX, CALM, CET, BATRA, IYR, NXRT, PCH, ROIC, STC, CIO, RMR, CTO, MNR,
• Added Positions: VNO, BAM, EXP, SRG, FNF, MHK, CTB, HA, UMBF, HCC, JCAP, TPHS, GRBK, RESI,
• Reduced Positions: MAC, WY, LEN, FR, CMA, LEN.B, TPH, FCN, UHAL, SBSI, EME, AGX, RYN, ATNI, G,
• Sold Out: AKR, PNC, HHC, CLNY, VVI, CCS, SPY, WLH, CTT,

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) - 11,648,430 shares, 8.73% of the total portfolio. Shares reduced by 0.55%
2. Brookfield Asset Management Inc (BAM) - 1,612,934 shares, 7.04% of the total portfolio. Shares added by 49.94%
3. JBG SMITH Properties (JBGS) - 1,231,736 shares, 5.80% of the total portfolio. Shares added by 0.79%
4. Vornado Realty Trust (VNO) - 1,022,126 shares, 5.47% of the total portfolio. Shares added by 76.03%
5. Weyerhaeuser Co (WY) - 1,837,497 shares, 4.61% of the total portfolio. Shares reduced by 30.53%

Third Avenue Management initiated holding in Prologis Inc. The purchase prices were between $62.82 and $99.23, with an estimated average price of $87.65. The stock is now traded at around $84.10. The impact to a portfolio due to this purchase was 4.38%. The holding were 368,926 shares as of .

Third Avenue Management initiated holding in Essex Property Trust Inc. The purchase prices were between $182.23 and $329.03, with an estimated average price of $288.45. The stock is now traded at around $230.59. The impact to a portfolio due to this purchase was 3.18%. The holding were 97,734 shares as of .

Third Avenue Management initiated holding in Public Storage. The purchase prices were between $160.61 and $232.82, with an estimated average price of $214.57. The stock is now traded at around $178.87. The impact to a portfolio due to this purchase was 2.98%. The holding were 101,528 shares as of .

Third Avenue Management initiated holding in Lowe's Companies Inc. The purchase prices were between $65.02 and $126.57, with an estimated average price of $109.88. The stock is now traded at around $112.47. The impact to a portfolio due to this purchase was 2.15%. The holding were 169,215 shares as of .

Third Avenue Management initiated holding in Old Republic International Corp. The purchase prices were between $12.33 and $23.49, with an estimated average price of $20.67. The stock is now traded at around $14.11. The impact to a portfolio due to this purchase was 1.8%. The holding were 797,168 shares as of .

Third Avenue Management initiated holding in CBRE Group Inc. The purchase prices were between $29.83 and $64.25, with an estimated average price of $55.57. The stock is now traded at around $35.37. The impact to a portfolio due to this purchase was 1.31%. The holding were 235,115 shares as of .

Third Avenue Management added to a holding in Vornado Realty Trust by 76.03%. The purchase prices were between $29.66 and $68.61, with an estimated average price of $57.39. The stock is now traded at around $33.75. The impact to a portfolio due to this purchase was 2.36%. The holding were 1,022,126 shares as of .

Third Avenue Management added to a holding in Brookfield Asset Management Inc by 49.94%. The purchase prices were between $22.05 and $45.53, with an estimated average price of $38.6. The stock is now traded at around $31.93. The impact to a portfolio due to this purchase was 2.34%. The holding were 1,612,934 shares as of .

Third Avenue Management added to a holding in Eagle Materials Inc by 37.80%. The purchase prices were between $43.17 and $94.11, with an estimated average price of $80.22. The stock is now traded at around $53.42. The impact to a portfolio due to this purchase was 0.58%. The holding were 244,397 shares as of .

Third Avenue Management added to a holding in Seritage Growth Properties by 94.60%. The purchase prices were between $6.49 and $40.5, with an estimated average price of $31.57. The stock is now traded at around $6.95. The impact to a portfolio due to this purchase was 0.43%. The holding were 651,610 shares as of .

Third Avenue Management added to a holding in Fidelity National Financial Inc by 41.99%. The purchase prices were between $21.34 and $49.21, with an estimated average price of $41.06. The stock is now traded at around $24.39. The impact to a portfolio due to this purchase was 0.4%. The holding were 370,365 shares as of .

Third Avenue Management added to a holding in Cooper Tire & Rubber Co by 57.34%. The purchase prices were between $14.61 and $29.05, with an estimated average price of $25.05. The stock is now traded at around $20.48. The impact to a portfolio due to this purchase was 0.2%. The holding were 232,698 shares as of .

Third Avenue Management sold out a holding in Acadia Realty Trust. The sale prices were between $12.37 and $26.22, with an estimated average price of $22.72.

Third Avenue Management sold out a holding in PNC Financial Services Group Inc. The sale prices were between $80.64 and $160.81, with an estimated average price of $135.33.

Third Avenue Management sold out a holding in The Howard Hughes Corp. The sale prices were between $37.44 and $129.35, with an estimated average price of $106.1.

Third Avenue Management sold out a holding in Colony Capital Inc. The sale prices were between $1.41 and $5.11, with an estimated average price of $4.01.

Third Avenue Management sold out a holding in Viad Corp. The sale prices were between $11.9 and $70.04, with an estimated average price of $52.24.

Third Avenue Management sold out a holding in Century Communities Inc. The sale prices were between $10.35 and $38.81, with an estimated average price of $28.72.