Third Avenue Management’s Legg Mason, Inc. LM Stock Holding History

Third Avenue Management’s Portfolio LM Stock Details LM Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2018 Q3	–	Sell	-187,411	Closed	-$6.51M	–	77
2018 Q2	$6.51M	Hold	187,411	–	–	0.32%	46
2018 Q1	$7.62M	Hold	187,411	–	–	0.39%	35
2017 Q4	$7.87M	Buy	187,411 +128,079	+216%	+$5.03M	0.38%	36
2017 Q3	$2.33M	Hold	59,332	–	–	0.11%	96
2017 Q2	$2.27M	Sell	59,332 -44,800	-43%	-$1.7M	0.1%	102
2017 Q1	$3.76M	Hold	104,132	–	–	0.17%	86
2016 Q4	$3.12M	Sell	104,132 -323	-0.3%	-$10.1K	0.14%	92
2016 Q3	$3.5M	Hold	104,455	–	–	0.16%	82
2016 Q2	$3.08M	Hold	104,455	–	–	0.14%	88
2016 Q1	$3.62M	Hold	104,455	–	–	0.14%	82
2015 Q4	$4.1M	Sell	104,455 -61,159	-37%	-$2.62M	0.13%	80
2015 Q3	$6.89M	Hold	165,614	–	–	0.19%	66
2015 Q2	$8.53M	Hold	165,614	–	–	0.21%	59
2015 Q1	$9.14M	Sell	165,614 -49,335	-23%	-$2.77M	0.23%	55
2014 Q4	$11.5M	Sell	214,949 -457,739	-68%	-$24.1M	0.29%	48
2014 Q3	$34.4M	Hold	672,688	–	–	0.72%	38
2014 Q2	$34.5M	Sell	672,688 -201,700	-23%	-$9.72M	0.67%	40
2014 Q1	$42.9M	Buy	874,388 +18,900	+2%	+$842K	0.83%	29
2013 Q4	$37.2M	Buy	+855,488	New	+$33.2M	0.68%	47

Other funds holding LM

BlackRock New York $6.73T AUM 46.02% 1-Year Est. Return

Vanguard Group Malvern, Pennsylvania $6.9T AUM 27.45% 1-Year Est. Return

CCP

Clarkston Capital Partners Rochester, Michigan $1.18B AUM 0.37% 1-Year Est. Return

LSV Asset Management Chicago, Illinois $55.1B AUM 45.38% 1-Year Est. Return

Dimensional Fund Advisors Austin, Texas $552B AUM 44.19% 1-Year Est. Return

State Street Boston, Massachusetts $3.37T AUM 44.26% 1-Year Est. Return

GAMCO Investors Greenwich, Connecticut $11.1B AUM 41.79% 1-Year Est. Return

Bank of New York Mellon New York $609B AUM 40.19% 1-Year Est. Return

State of New Jersey Common Pension Fund D Trenton, New Jersey $29.3B AUM 38.15% 1-Year Est. Return

Macquarie Group Sydney, NSW 2000, Australia $23.2B AUM 40.19% 1-Year Est. Return

Third Avenue Management's LM Position: Q3 2018 in Review

Third Avenue Management sold out of Legg Mason, Inc. (LM) in Q3 2018, closing a stake of 187,411 shares — an estimated $6.51M sold.

Third Avenue Management first reported a position in LM in Q4 2013 and held it in 19 quarters. The position peaked at $42.9M in Q1 2014. 337 funds tracked by Wall St. Rank hold LM as of Q3 2018.

Third Avenue Management reported no remaining Legg Mason, Inc. position as of Q3 2018 after selling out during the quarter.
Third Avenue Management sold 187,411 Legg Mason, Inc. shares in Q3 2018, an estimated $6.51M.
Third Avenue Management first reported a position in Legg Mason, Inc. in Q4 2013 and held it in 19 quarters.
Third Avenue Management's Legg Mason, Inc. position peaked at $42.9M in Q1 2014.
337 funds tracked by Wall St. Rank held Legg Mason, Inc. as of Q3 2018.

Based on Third Avenue Management's 13F filing for Q3 2018, filed 9 Nov 2018.