We are live on ! Find out more
TAM

Third Avenue Management Portfolio holdings

AUM $625M
1-Year Est. Return 48.93%
This Fund
S&P 500
This Quarter Est. Return
+5.74%
1 Year Est. Return
+48.93%
3 Year Est. Return
+112.7%
5 Year Est. Return
+169.82%
10 Year Est. Return
+390.58%
AUM
$5.18B
AUM Growth
+$21.6M
Cap. Flow
-$232M
Cap. Flow %
-4.48%
Top 10 Hldgs %
32.21%
Holding
171
New
14
Increased
36
Reduced
72
Closed
20

Top Buys

Rank Stock Value
1
WY icon
Weyerhaeuser
WY
+$85.7M
2
AGCO icon
AGCO
AGCO
+$55.6M
3
PDCO
Patterson Companies, Inc.
PDCO
+$24.4M
4
CTB
Cooper Tire & Rubber Co.
CTB
+$18M
5
ARCO icon
Arcos Dorados Holdings
ARCO
+$16.5M

Top Sells

Rank Stock Value
1
CMP icon
Compass Minerals
CMP
+$38.3M
2
DVN icon
Devon Energy
DVN
+$35.8M
3
SXT icon
Sensient Technologies
SXT
+$34.9M
4
BN icon
Brookfield
BN
+$34.8M
5
SUSS
SUSSER HOLDINGS CORPORATION COMMON STOCK
SUSS
+$33.6M

Sector Composition

Rank Sector Weight
1 Financials 22.73%
2 Real Estate 17.99%
3 Industrials 11.99%
4 Technology 10.47%
5 Energy 10.08%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
AMH icon
101
American Homes 4 Rent
AMH
$12.1B
$12.2M 0.24%
686,217
-194,503
-22% -$3.32M
CTO
102
CTO Realty Growth
CTO
$809M
$11.9M 0.23%
951,828
-1,013,571
-52% -$11.8M
UONEK icon
103
Urban One Class D
UONEK
$19.4M
$11.4M 0.22%
231,136
+33,078
+17% +$1.47M
ESND
104
DELISTED
Essendant Inc.
ESND
$11.4M 0.22%
+274,511
New +$10.8M
FSD
105
DELISTED
FIRST TRUST HIGH INCOME LONG/SHORT FUND
FSD
$11.1M 0.21%
609,023
+11,040
+2% +$198K
AVX
106
DELISTED
AVX Corporation
AVX
$10.9M 0.21%
819,541
-485,248
-37% -$6.44M
FOR icon
107
Forestar Group
FOR
$1.46B
$9.93M 0.19%
+520,060
New +$9.24M
JQC icon
108
Nuveen Credit Strategies Income Fund
JQC
$705M
$9.17M 0.18%
+979,439
New +$9.16M
HYI
109
Western Asset High Yield Opportunity Fund Inc
HYI
$133M
$9.15M 0.18%
510,954
+10,124
+2% +$181K
FST
110
DELISTED
FOREST OIL CORPORATION
FST
$9.12M 0.18%
4,000,000
– –
STRZA
111
DELISTED
Starz - Series A
STRZA
$8.69M 0.17%
291,574
-63,438
-18% -$1.94M
VLY icon
112
Valley National Bancorp
VLY
$7.69B
$8.59M 0.17%
866,857
-517,552
-37% -$5.2M
CSWC icon
113
Capital Southwest
CSWC
$1.62B
$7.65M 0.15%
578,501
– –
ANV
114
DELISTED
Allied Nevada Gold Corp
ANV
$7.38M 0.14%
1,961,723
– –
NHS
115
Neuberger High Yield Strategies Fund Inc
NHS
$250M
$6.99M 0.13%
504,626
– –
HYB
116
DELISTED
New America High Income Fund, Inc.
HYB
$6.4M 0.12%
637,883
+12,363
+2% +$123K
ARDC
117
Are Dynamic Credit Allocation Fund
ARDC
$296M
$6.11M 0.12%
335,357
+6,354
+2% +$116K
DHG
118
DELISTED
Deutsche High Incm Opportunities
DHG
$5.81M 0.11%
393,556
– –
AKS
119
DELISTED
AK Steel Holding Corp
AKS
$5.66M 0.11%
711,375
– –
NOR
120
DELISTED
NORANDA ALUM HLDG CORP COM NEW
NOR
$5.29M 0.1%
214,286
– –
PCI
121
DELISTED
PIMCO Dynamic Credit and Mortgage Income Fund
PCI
$4.27M 0.08%
179,209
– –
HYT icon
122
BlackRock Corporate High Yield Fund
HYT
$1.35B
$4.14M 0.08%
337,088
+4,385
+1% +$53.6K
MHY
123
DELISTED
WESTERN ASSET MANAGED HIGH INCOM FD INC. COM
MHY
$3.88M 0.07%
669,372
– –
KELYA icon
124
Kelly Services Class A
KELYA
$600M
$3.86M 0.07%
225,000
– –
SBSA
125
DELISTED
Spanish Broadcasting System Inc.
SBSA
$3.84M 0.07%
681,637
+249,000
+58% +$1.51M
3 4
5
6 7

Similar funds

RIP
RAM Investment Partners Bellevue, Washington $625M AUM 16.29% 1-Year Est. Return
B
Bellecapital Zurich, Switzerland $625M AUM 39.69% 1-Year Est. Return
CWM
Chemistry Wealth Management New York $625M AUM 19.32% 1-Year Est. Return
LWP
LMG Wealth Partners Shreveport, Louisiana $626M AUM 36.27% 1-Year Est. Return
FGA
Fortis Group Advisors Westwood, New Jersey $626M AUM 33.6% 1-Year Est. Return
BVC
Bright Valley Capital Hong Kong $626M AUM 199.29% 1-Year Est. Return
APM
Avidity Partners Management Dallas, Texas $624M AUM 250.2% 1-Year Est. Return
DCM
Davidson Capital Management Corpus Christi, Texas $624M AUM 29.17% 1-Year Est. Return

Third Avenue Management's Q2 2014 Portfolio in Review

As of Q2 2014, Third Avenue Management held 171 positions worth $5.18B, up 0.42% from $5.16B the previous quarter. Its ten largest holdings account for 32% of the portfolio.

Third Avenue Management withdrew a net $232M in Q2 2014, closing 20 positions and reducing 72 holdings. Its most notable exit was Compass Minerals, an estimated $38.3M position sold in full.

By sector, the portfolio is most concentrated in Financials at 23% of assets, down from 24% a quarter earlier, followed by Real Estate and Industrials.

Against the trend, Third Avenue Management opened a new position in AGCO worth $56.6M.

  • Third Avenue Management's largest Q2 2014 buy was AGCO: 1,006,478 shares worth $56.6M.
  • Third Avenue Management added most to Weyerhaeuser in Q2 2014, an estimated $85.7M increase.
  • Third Avenue Management's biggest Q2 2014 reduction was Devon Energy, cutting an estimated $35.8M.
  • Third Avenue Management fully exited Compass Minerals in Q2 2014, selling an estimated $38.3M.
  • Third Avenue Management's ten largest holdings make up 32% of its $5.18B portfolio in Q2 2014.
  • Third Avenue Management opened 14 new positions and closed 20 in Q2 2014.
  • Third Avenue Management's portfolio value rose 0.42% quarter-over-quarter to $5.18B.

Based on Third Avenue Management's 13F filing for Q2 2014, filed 14 Aug 2014.