Portfolio holdings of Third Avenue Management. Third Avenue Management stock picks:. Stock Holdings page.
Third Avenue Management
Period: Q1 2025
Portfolio date: 31 Mar 2025
No. of stocks: 61
Portfolio value: $498,713,000
| History | Stock | % of Portfolio |
RecentActivity | Shares | ReportedPrice* | Value | Current Price |
+/-Reported Price |
52Week Low |
52Week High |
|
| ≡ | TDW - Tidewater Inc. | 6.86 | Add 37.59% | 809,258 | $42.27 | $34,207,000 | $41.92 | -0.83% | $31.17 | $110.06 | |
| ≡ | DB - Deutsche Bank AG | 6.84 | Reduce 33.80% | 1,447,570 | $23.57 | $34,119,000 | $28.23 | 19.77% | $13.70 | $28.34 | |
| ≡ | HCC - Warrior Met Coal Inc. | 5.87 | Add 4.39% | 613,206 | $47.72 | $29,262,000 | $46.87 | -1.78% | $37.94 | $75.08 | |
| ≡ | VAL - Valaris plc | 4.49 | Add 33.57% | 569,839 | $39.26 | $22,372,000 | $39.10 | -0.41% | $27.15 | $84.20 | |
| ≡ | FPH - Five Point Holdings LLC | 4.42 | 4,125,911 | $5.34 | $22,032,000 | $5.50 | 3.00% | $2.88 | $6.71 | ||
| ≡ | CBRE - CBRE Group | 4.33 | Reduce 5.12% | 165,109 | $130.78 | $21,593,000 | $130.27 | -0.39% | $84.24 | $147.75 | |
| ≡ | BN - Brookfield Corp. | 3.98 | Reduce 3.38% | 378,249 | $52.41 | $19,824,000 | $59.72 | 13.95% | $39.78 | $62.66 | |
| ≡ | CMA - Comerica Inc. | 3.59 | Add 0.01% | 302,904 | $59.06 | $17,890,000 | $58.08 | -1.66% | $43.08 | $71.76 | |
| ≡ | LEN.B - Lennar Corp. CL B | 3.23 | Reduce 8.66% | 147,770 | $109.07 | $16,117,000 | $106.52 | -2.34% | $93.63 | $175.45 | |
| ≡ | UHAL.B - U Haul Holding Co Non Voting | 2.97 | 249,865 | $59.18 | $14,787,000 | $58.35 | -1.40% | $50.05 | $73.85 | ||
| ≡ | PLD - Prologis Inc. | 2.90 | Add 0.17% | 129,162 | $111.79 | $14,439,000 | $109.23 | -2.29% | $85.35 | $129.30 | |
| ≡ | ORI - Old Republic International | 2.65 | Reduce 27.73% | 336,388 | $39.22 | $13,193,000 | $37.97 | -3.19% | $27.26 | $39.84 | |
| ≡ | PRA - ProAssurance Corp. | 2.64 | 563,988 | $23.35 | $13,169,000 | $23.14 | -0.90% | $10.76 | $23.70 | ||
| ≡ | JLL - Jones Lang Lasalle Inc. | 2.58 | 51,990 | $247.91 | $12,889,000 | $235.54 | -4.99% | $192.94 | $288.50 | ||
| ≡ | SUI - Sun Communities Inc. | 2.34 | Reduce 16.11% | 90,715 | $128.64 | $11,670,000 | $121.21 | -5.78% | $105.71 | $139.98 | |
| ≡ | UMBF - UMB Financial Corp. | 2.08 | 102,796 | $101.10 | $10,393,000 | $106.49 | 5.33% | $77.33 | $129.02 | ||
| ≡ | DHI - D.R. Horton | 2.01 | 78,745 | $127.13 | $10,011,000 | $123.39 | -2.94% | $110.09 | $198.15 | ||
| ≡ | ITIC - Investors Title Co. | 1.88 | Reduce 0.56% | 38,919 | $241.09 | $9,383,000 | $243.15 | 0.85% | $138.11 | $276.11 | |
| ≡ | MYRG - MYR Group Inc. | 1.65 | 72,797 | $113.10 | $8,233,000 | $163.51 | 44.57% | $86.60 | $168.88 | ||
| ≡ | FNF - Fidelity National Financial Inc. | 1.55 | 118,656 | $65.08 | $7,722,000 | $57.58 | -11.52% | $46.50 | $66.72 | ||
| ≡ | AMH - American Homes 4 Rent | 1.46 | Reduce 40.05% | 192,560 | $37.81 | $7,281,000 | $38.29 | 1.27% | $31.68 | $40.77 | |
| ≡ | FR - First Industrial Realty Trust Inc. | 1.46 | Reduce 14.37% | 134,558 | $53.96 | $7,261,000 | $50.90 | -5.67% | $40.31 | $57.68 | |
| ≡ | PB - Prosperity Bancshares Inc. | 1.46 | 102,168 | $71.37 | $7,292,000 | $72.20 | 1.16% | $55.84 | $85.41 | ||
| ≡ | BATRA - Atlanta Braves Holdings Inc. Series A | 1.45 | 164,438 | $43.87 | $7,214,000 | $44.83 | 2.19% | $38.67 | $46.65 | ||
| ≡ | FRPH - FRP Holdings Inc. | 1.45 | 252,952 | $28.57 | $7,227,000 | $26.31 | -7.91% | $25.37 | $33.00 | ||
| ≡ | RYN - Rayonier Inc. | 1.45 | Reduce 18.14% | 258,499 | $27.88 | $7,207,000 | $24.01 | -13.88% | $22.80 | $31.77 | |
| ≡ | PHM - PulteGroup Inc. | 1.32 | Buy | 63,800 | $102.81 | $6,559,000 | $102.77 | -0.04% | $88.07 | $148.87 | |
| ≡ | WY - Weyerhaeuser Co. | 1.30 | 220,849 | $29.28 | $6,466,000 | $26.47 | -9.60% | $24.10 | $33.58 | ||
| ≡ | BAM - Brookfield Asset Management | 1.28 | 132,103 | $48.45 | $6,400,000 | $59.55 | 22.91% | $36.41 | $62.12 | ||
| ≡ | SUPN - Supernus Pharmaceuticals | 1.24 | 189,493 | $32.75 | $6,206,000 | $32.48 | -0.82% | $25.53 | $40.28 | ||
| ≡ | COLL - Collegium Pharmaceutical Inc. | 1.22 | 203,401 | $29.85 | $6,072,000 | $29.34 | -1.71% | $23.23 | $42.29 | ||
| ≡ | SBSI - Southside Bancshares Inc. | 1.22 | 209,426 | $28.96 | $6,065,000 | $29.90 | 3.25% | $24.48 | $37.18 | ||
| ≡ | ECPG - Encore Capital Group Inc. | 1.18 | 171,022 | $34.28 | $5,863,000 | $40.87 | 19.22% | $26.45 | $51.77 | ||
| ≡ | LXU - LSB Industries Inc. | 1.04 | 789,447 | $6.59 | $5,202,000 | $7.16 | 8.65% | $4.88 | $10.40 | ||
| ≡ | CET - Central Securities Corp. | 1.00 | 111,210 | $44.96 | $5,000,000 | $47.00 | 4.54% | $40.12 | $48.48 | ||
| ≡ | TPH - TRI Pointe Group | 1.00 | 155,830 | $31.92 | $4,974,000 | $31.69 | -0.72% | $27.90 | $47.78 | ||
| ≡ | HBB - Hamilton Beach Brands Hldg Co | 0.97 | Reduce 15.97% | 249,969 | $19.43 | $4,857,000 | $17.69 | -8.96% | $13.25 | $31.40 | |
| ≡ | KALU - Kaiser Aluminum Corp. | 0.97 | Add 0.26% | 79,828 | $60.62 | $4,839,000 | $71.69 | 18.26% | $46.23 | $98.13 | |
| ≡ | ALG - Alamo Group Inc. | 0.91 | Reduce 19.87% | 25,546 | $178.23 | $4,553,000 | $202.02 | 13.35% | $156.79 | $204.91 | |
| ≡ | UNF - UniFirst Corp. | 0.81 | 23,356 | $174.00 | $4,064,000 | $187.09 | 7.52% | $148.80 | $243.29 | ||
| ≡ | ICFI - ICF International Inc. | 0.80 | Add 6.42% | 47,024 | $84.98 | $3,996,000 | $88.48 | 4.12% | $75.79 | $179.19 | |
| ≡ | SD - SandRidge Energy Inc. | 0.76 | 330,698 | $11.42 | $3,777,000 | $10.29 | -9.89% | $8.81 | $13.66 | ||
| ≡ | SEB - Seaboard Corp. | 0.71 | Reduce 43.49% | 1,319 | $2697.50 | $3,558,000 | $2497.96 | -7.40% | $2361.03 | $3400.10 | |
| ≡ | AMBC - Ambac Financial Group | 0.64 | Add 59.04% | 366,461 | $8.75 | $3,207,000 | $7.90 | -9.71% | $5.99 | $18.40 | |
| ≡ | PBF - PBF Energy Inc. | 0.50 | 131,050 | $19.09 | $2,502,000 | $22.40 | 17.34% | $13.45 | $49.57 | ||
| ≡ | WCC - WESCO International Inc. | 0.46 | Add 0.56% | 14,822 | $155.31 | $2,302,000 | $171.24 | 10.26% | $125.21 | $215.09 | |
| ≡ | BXC - BlueLinx Holdings Inc. | 0.45 | Buy | 29,869 | $74.99 | $2,240,000 | $69.79 | -6.93% | $63.55 | $134.79 | |
| ≡ | MRP - Millrose Properties | 0.43 | Buy | 80,890 | $26.51 | $2,144,000 | $28.63 | 8.00% | $20.71 | $28.90 | |
| ≡ | OCFC - OceanFirst Financial Corp. | 0.40 | Add 91.66% | 116,643 | $17.01 | $1,984,000 | $17.72 | 4.17% | $13.40 | $21.38 | |
| ≡ | ELME - ELME Communities | 0.32 | 93,000 | $17.40 | $1,618,000 | $16.22 | -6.78% | $13.95 | $17.90 | ||
| ≡ | CTO - CTO Realty Growth Inc. | 0.24 | 63,000 | $19.32 | $1,217,000 | $18.29 | -5.33% | $15.96 | $20.46 | ||
| ≡ | WSR - Whitestone REIT | 0.23 | 80,000 | $14.58 | $1,166,000 | $12.71 | -12.83% | $11.78 | $15.11 | ||
| ≡ | IVT - Inventrust Properties Corp | 0.22 | 38,000 | $29.37 | $1,116,000 | $28.31 | -3.61% | $22.92 | $31.15 | ||
| ≡ | BATRK - Atlanta Braves Holdings Inc. Series C | 0.21 | 26,104 | $39.99 | $1,044,000 | $41.43 | 3.60% | $35.46 | $44.43 | ||
| ≡ | PCH - PotlatchDeltic Corp. | 0.18 | 20,000 | $45.10 | $902,000 | $40.08 | -11.13% | $35.95 | $47.65 | ||
| ≡ | RMR - RMR Group Inc. | 0.12 | 37,000 | $16.65 | $616,000 | $15.16 | -8.95% | $13.48 | $24.59 | ||
| ≡ | VTMX - Corp Inmobiliaria Vesta ADR | 0.11 | 25,000 | $22.80 | $570,000 | $28.52 | 25.09% | $21.11 | $36.62 | ||
| ≡ | STC - Stewart Information Services | 0.07 | 5,194 | $71.43 | $371,000 | $66.04 | -7.55% | $57.93 | $77.37 | ||
| ≡ | GRBK - Green Brick Partners | 0.06 | 5,000 | $58.40 | $292,000 | $61.78 | 5.79% | $50.57 | $84.66 | ||
| ≡ | EQC-OLD - Equity Commonwealth | 0.02 | 55,000 | $1.62 | $89,000 | $1.61 | -0.62% | $1.47 | $21.00 | ||
| ≡ | UHAL - U-Haul Holding Co. | 0.02 | 1,456 | $65.25 | $95,000 | $65.54 | 0.44% | $56.28 | $79.04 |
* Reported Price is the price of the security as of the portfolio date. This value is significant in that it is the last known price at which the security was still held.
Sector % analysis
| Financials | 53.33 | |
| Energy | 11.35 | |
| Industrial Goods | 7.83 | |
| Real Estate | 7.65 | |
| Industrials | 4.22 | |
| Consumer Discretionary | 4.14 | |
| Services | 3.59 | |
| Materials | 3.53 | |
| Health Care | 2.46 | |
| Consumer Cyclical | 0.97 | |
| Consumer Goods | 0.71 | |
| 0.22 |
Articles & Commentaries
22 Apr 2025 Third Avenue Value Fund Q1 2025 Commentary
22 Nov 2024 Undervalued auto OEM and offshore energy with Matthew Fine, Portfolio Manager Third Avenue
25 Oct 2024 Third Avenue Value Fund Q3 2024 Commentary
06 Aug 2024 Third Avenue Value Fund Q2 2024 Commentary
30 May 2024 Podcast Interview with Victor Cunningham of Third Avenue Management discussing small-cap value investing
06 May 2024 Third Avenue Value Fund Q1 2024 Commentary
26 Jan 2024 Third Avenue Value Fund Q4 2023 Commentary
05 Oct 2023 Value Equities Time to Fly: Citywire interview with Matthew Fine of Third Avenue Management
09 Aug 2023 Third Avenue Small-Cap Value PM, Vic Cunningham, discusses his stock picks: TDW, BATRA, HBB, UMBF
21 Jan 2022 Third Avenue Value fund Q4 2021 Commentary
27 Oct 2021 Third Avenue Value fund Q3 2021 Commentary