THIRD AVENUE MANAGEMENT LLC
CIK 0001099281
Annualised vol
10.702591%
Beta
0.321618
HHI
371.439336
Top-10 weight
50.200979%
VaR 95%
0.944614%
VaR 99%
1.843873%
Max drawdown
29.365278%
Matched value
87.624575%
Returns of reported holdings
Loading returns…
Position changes vs prior quarter
What the latest 13F shows bought and sold against the quarter before, by share count.
| Ticker | Change | Shares now | Shares before | Share change % | Value now ($) |
|---|---|---|---|---|---|
| TDW | ADDED | 934,121 | 921,181 | 1.4% | 62,240,482 |
| BCC | ADDED | 602,086 | 562,021 | 7.13% | 46,739,936 |
| VAL | ADDED | 516,313 | 508,186 | 1.6% | 37,484,324 |
| RHI | ADDED | 1,208,336 | 903,905 | 33.68% | 37,095,915 |
| HOG | ADDED | 1,480,880 | 1,462,670 | 1.24% | 36,222,325 |
| HCC | REDUCED | 285,398 | 364,002 | -21.59% | 23,162,902 |
| FPH | REDUCED | 3,696,155 | 3,861,162 | -4.27% | 19,478,737 |
| CBRE | REDUCED | 135,896 | 136,330 | -0.32% | 18,303,832 |
| UHAL | REDUCED | 283,872 | 284,375 | -0.18% | 16,379,414 |
| PLD | REDUCED | 104,823 | 125,945 | -16.77% | 14,200,372 |
| LEN | ADDED | 149,658 | 142,843 | 4.77% | 13,276,161 |
| ECPG | REDUCED | 129,717 | 142,512 | -8.98% | 12,101,299 |
| UMBF | UNCHANGED | 78,245 | 78,245 | 0.0% | 11,170,256 |
| SUI | REDUCED | 91,454 | 91,455 | 0.0% | 10,966,249 |
| ROG | REDUCED | 61,584 | 151,025 | -59.22% | 10,083,148 |
| JLL | REDUCED | 32,053 | 32,407 | -1.09% | 9,934,827 |
| SKY | REDUCED | 100,576 | 100,757 | -0.18% | 8,862,757 |
| FSV | ADDED | 61,951 | 50,452 | 22.79% | 8,803,857 |
| AMH | REDUCED | 262,058 | 262,520 | -0.18% | 8,784,184 |
| OSG | ADDED | 1,341,879 | 1,341,211 | 0.05% | 8,373,325 |
| BKD | ADDED | 494,826 | 463,664 | 6.72% | 7,961,750 |
| BATRA | REDUCED | 137,907 | 190,542 | -27.62% | 7,650,764 |
| PB | UNCHANGED | 102,168 | 102,168 | 0.0% | 7,461,329 |
| ICFI | ADDED | 98,893 | 71,736 | 37.86% | 7,205,344 |
| SUPN | UNCHANGED | 152,724 | 152,724 | 0.0% | 7,103,193 |
| ALG | ADDED | 42,265 | 34,332 | 23.11% | 6,952,170 |
| COLL | ADDED | 182,645 | 155,143 | 17.73% | 6,611,749 |
| MYRG | REDUCED | 13,066 | 28,819 | -54.66% | 6,538,226 |
| ITIC | UNCHANGED | 21,894 | 21,894 | 0.0% | 5,991,950 |
| PBF | UNCHANGED | 131,050 | 131,050 | 0.0% | 5,965,396 |
| WCC | REDUCED | 16,963 | 19,243 | -11.85% | 5,859,529 |
| KALU | REDUCED | 29,848 | 29,881 | -0.11% | 5,839,164 |
| QLYS | NEW | 39,120 | - | - | 5,378,609 |
| CET | UNCHANGED | 101,812 | 101,812 | 0.0% | 5,340,039 |
| SD | ADDED | 352,558 | 330,818 | 6.57% | 4,830,045 |
| OCFC | UNCHANGED | 246,662 | 246,662 | 0.0% | 4,817,309 |
| FR | REDUCED | 77,498 | 81,016 | -4.34% | 4,751,402 |
| LXU | UNCHANGED | 381,096 | 381,096 | 0.0% | 4,119,648 |
| SBSI | UNCHANGED | 116,879 | 116,879 | 0.0% | 4,112,972 |
| BXC | UNCHANGED | 64,369 | 64,369 | 0.0% | 3,983,154 |
| MMS | NEW | 74,085 | - | - | 3,982,810 |
| WY | REDUCED | 162,097 | 162,377 | -0.17% | 3,880,602 |
| CRAI | NEW | 20,819 | - | - | 2,962,544 |
| FRPH | UNCHANGED | 107,160 | 107,160 | 0.0% | 2,677,928 |
| COMP | UNCHANGED | 187,469 | 187,469 | 0.0% | 2,311,493 |
| UNF | CLOSED OUT | 0 | 28,434 | -100.0% | 0 |
Holdings (latest quarter)
| Ticker | Change | Issuer | Class | CUSIP | Value ($) | Weight % | Shares |
|---|---|---|---|---|---|---|---|
| TDW | ADDED | Tidewater Inc | COM | 88642R109 | 62,240,482 | 9.95 | 934121.0 |
| BCC | ADDED | Boise Cascade Co | COM | 09739D100 | 46,739,936 | 7.47 | 602086.0 |
| VAL | ADDED | Valaris Ltd | COM | G9460G101 | 37,484,324 | 5.99 | 516313.0 |
| RHI | ADDED | Robert Half Inc | COM | 770323103 | 37,095,915 | 5.93 | 1208336.0 |
| HOG | ADDED | Harley-Davidson Inc | COM | 412822108 | 36,222,325 | 5.79 | 1480880.0 |
| HCC | REDUCED | Warrior Met Coal Inc | COM | 93627C101 | 23,162,902 | 3.7 | 285398.0 |
| FPH | REDUCED | Five Point Holdings LLC | COM | 33833Q106 | 19,478,737 | 3.11 | 3696155.0 |
| CBRE | REDUCED | CBRE Group Inc | COM | 12504L109 | 18,303,832 | 2.93 | 135896.0 |
| - | Brookfield Corp | COM | 11271J107 | 16,820,026 | 2.69 | 394929.0 | |
| UHAL | REDUCED | U-Haul Holding Co | COM | 023586506 | 16,379,414 | 2.62 | 283872.0 |
| PLD | REDUCED | Prologis Inc | COM | 74340W103 | 14,200,372 | 2.27 | 104823.0 |
| LEN | ADDED | Lennar Corp | COM | 526057302 | 13,276,161 | 2.12 | 149658.0 |
| - | PulteGroup Inc | COM | 745867101 | 13,050,180 | 2.09 | 95111.0 | |
| ECPG | REDUCED | Encore Capital Group Inc | COM | 292554102 | 12,101,299 | 1.94 | 129717.0 |
| - | DR Horton Inc | COM | 23331A109 | 11,272,110 | 1.8 | 69205.0 | |
| UMBF | UNCHANGED | UMB Financial Corp | COM | 902788108 | 11,170,256 | 1.79 | 78245.0 |
| SUI | REDUCED | Sun Communities Inc | COM | 866674104 | 10,966,249 | 1.75 | 91454.0 |
| ROG | REDUCED | Rogers Corp | COM | 775133101 | 10,083,148 | 1.61 | 61584.0 |
| JLL | REDUCED | Jones Lang LaSalle Inc | COM | 48020Q107 | 9,934,827 | 1.59 | 32053.0 |
| - | Fidelity National Financial In | COM | 31620R303 | 9,107,492 | 1.46 | 193119.0 | |
| SKY | REDUCED | Champion Homes Inc | COM | 830830105 | 8,862,757 | 1.42 | 100576.0 |
| FSV | ADDED | FirstService Corp | COM | 33767E202 | 8,803,857 | 1.41 | 61951.0 |
| AMH | REDUCED | American Homes 4 Rent | COM | 02665T306 | 8,784,184 | 1.4 | 262058.0 |
| OSG | ADDED | Octave Specialty Group Inc | COM | 023139884 | 8,373,325 | 1.34 | 1341879.0 |
| BKD | ADDED | Brookdale Senior Living Inc | COM | 112463104 | 7,961,750 | 1.27 | 494826.0 |
| PB | UNCHANGED | Prosperity Bancshares Inc | COM | 743606105 | 7,461,329 | 1.19 | 102168.0 |
| ICFI | ADDED | ICF International Inc | COM | 44925C103 | 7,205,344 | 1.15 | 98893.0 |
| SUPN | UNCHANGED | Supernus Pharmaceuticals Inc | COM | 868459108 | 7,103,193 | 1.14 | 152724.0 |
| ALG | ADDED | Alamo Group Inc | COM | 011311107 | 6,952,170 | 1.11 | 42265.0 |
| COLL | ADDED | Collegium Pharmaceutical Inc | COM | 19459J104 | 6,611,749 | 1.06 | 182645.0 |
| - | Catalyst Pharmaceuticals Inc | COM | 14888U101 | 6,605,360 | 1.06 | 210161.0 | |
| MYRG | REDUCED | MYR Group Inc | COM | 55405W104 | 6,538,226 | 1.05 | 13066.0 |
| BATRA | REDUCED | Atlanta Braves Holdings Inc | COM | 047726104 | 6,299,963 | 1.01 | 111880.0 |
| - | Taylor Morrison Home Corp | COM | 87724P106 | 6,165,407 | 0.99 | 85941.0 | |
| ITIC | UNCHANGED | Investors Title Co | COM | 461804106 | 5,991,950 | 0.96 | 21894.0 |
| PBF | UNCHANGED | PBF Energy Inc | COM | 69318G106 | 5,965,396 | 0.95 | 131050.0 |
| WCC | REDUCED | WESCO International Inc | COM | 95082P105 | 5,859,529 | 0.94 | 16963.0 |
| KALU | REDUCED | Kaiser Aluminum Corp | COM | 483007704 | 5,839,164 | 0.93 | 29848.0 |
| - | UniFirst Corp/MA | COM | 904708104 | 5,501,297 | 0.88 | 20802.0 | |
| QLYS | NEW | Qualys Inc | COM | 74758T303 | 5,378,609 | 0.86 | 39120.0 |
| CET | UNCHANGED | Central Securities Corp | COM | 155123102 | 5,340,039 | 0.85 | 101812.0 |
| - | Flagstar Bank NA | COM | 649445400 | 4,948,741 | 0.79 | 331241.0 | |
| SD | ADDED | SandRidge Energy Inc | COM | 80007P869 | 4,830,045 | 0.77 | 352558.0 |
| OCFC | UNCHANGED | OceanFirst Financial Corp | COM | 675234108 | 4,817,309 | 0.77 | 246662.0 |
| FR | REDUCED | First Industrial Realty Trust | COM | 32054K103 | 4,751,402 | 0.76 | 77498.0 |
| LXU | UNCHANGED | LSB Industries Inc | COM | 502160104 | 4,119,648 | 0.66 | 381096.0 |
| SBSI | UNCHANGED | Southside Bancshares Inc | COM | 84470P109 | 4,112,972 | 0.66 | 116879.0 |
| BXC | UNCHANGED | BlueLinx Holdings Inc | COM | 09624H208 | 3,983,154 | 0.64 | 64369.0 |
| MMS | NEW | Maximus Inc | COM | 577933104 | 3,982,810 | 0.64 | 74085.0 |
| - | Hongkong Land Holdings Ltd | COM | G4587L109 | 3,918,136 | 0.63 | 550300.0 | |
| WY | REDUCED | Weyerhaeuser Co | COM | 962166104 | 3,880,602 | 0.62 | 162097.0 |
| CRAI | NEW | CRA International Inc | COM | 12618T105 | 2,962,544 | 0.47 | 20819.0 |
| FRPH | UNCHANGED | FRP Holdings Inc | COM | 30292L107 | 2,677,928 | 0.43 | 107160.0 |
| COMP | UNCHANGED | Compass Inc | COM | 20464U100 | 2,311,493 | 0.37 | 187469.0 |
| BATRA | REDUCED | Atlanta Braves Holdings Inc | COM | 047726302 | 1,350,801 | 0.22 | 26027.0 |
Quarterly portfolios
| Period | Filed | Value ($) | Positions | Vol % | Beta | Max DD % |
|---|---|---|---|---|---|---|
| 2026-06-30 | 2026-08-12 | 625,342,172 | 55 | 10.702591 | 0.321618 | 29.365278 |
| 2026-03-31 | 2026-05-13 | 616,036,133 | 53 | 10.573268 | 0.296099 | 31.995699 |
| 2025-12-31 | 2026-02-12 | 550,214,835 | 51 | 9.124315 | 0.252101 | 26.128513 |
| 2025-09-30 | 2025-11-14 | 532,679,180 | 50 | 9.15402 | 0.263469 | 25.386826 |
| 2025-03-31 | 2025-05-14 | 498,708,106 | 61 | 8.275733 | 0.266835 | 18.549177 |
| 2024-12-31 | 2025-02-13 | 516,829,909 | 59 | 8.652864 | 0.284857 | 18.082316 |