Third Avenue Management’s SELECT INCOME REIT SIR Stock Holding History

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

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2014 Q3	–	Sell	-91,000	Closed	-$1.19M	–	161
2014 Q2	$1.19M	Hold	91,000	–	–	0.02%	135
2014 Q1	$1.21M	Hold	91,000	–	–	0.02%	142
2013 Q4	$1.07M	Buy	91,000 +45,500	+100%	+$539K	0.02%	151
2013 Q3	$516K	Hold	45,500	–	–	0.01%	154
2013 Q2	$561K	Buy	+45,500	New	+$562K	0.01%	134

Other funds holding SIR

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

Morgan Stanley New York $1.89T AUM 35.08% 1-Year Est. Return

Fidelity Investments Boston, Massachusetts $2.3T AUM 54.33% 1-Year Est. Return

BIT

BlackRock Institutional Trust San Francisco, California $675B AUM 16.07% 1-Year Est. Return

CNB

City National Bank Beverly Hills, Delaware $11.6B AUM 3.11% 1-Year Est. Return

NMVA

New Mountain Vantage Advisers New York $4.33B AUM 35.3% 1-Year Est. Return

JP Morgan Chase New York $1.81T AUM 41.13% 1-Year Est. Return

Deutsche Bank Frankfurt Am Main Ge, Germany $344B AUM 42.99% 1-Year Est. Return

Nuveen Charlotte, North Carolina $419B AUM 43.02% 1-Year Est. Return

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

Third Avenue Management's SIR Position: Q3 2014 in Review

Third Avenue Management sold out of SELECT INCOME REIT (SIR) in Q3 2014, closing a stake of 91,000 shares — an estimated $1.19M sold.

Third Avenue Management first reported a position in SIR in Q2 2013 and held it in 5 quarters. The position peaked at $1.21M in Q1 2014. 146 funds tracked by Wall St. Rank hold SIR as of Q3 2014.

Third Avenue Management reported no remaining SELECT INCOME REIT position as of Q3 2014 after selling out during the quarter.
Third Avenue Management sold 91,000 SELECT INCOME REIT shares in Q3 2014, an estimated $1.19M.
Third Avenue Management first reported a position in SELECT INCOME REIT in Q2 2013 and held it in 5 quarters.
Third Avenue Management's SELECT INCOME REIT position peaked at $1.21M in Q1 2014.
146 funds tracked by Wall St. Rank held SELECT INCOME REIT as of Q3 2014.

Based on Third Avenue Management's 13F filing for Q3 2014, filed 14 Nov 2014.