We are live on ! Find out more
TAM

Third Avenue Management Portfolio holdings

AUM $616M
1-Year Est. Return 45.6%
This Fund
S&P 500
This Quarter Est. Return
+7.17%
1 Year Est. Return
+45.6%
3 Year Est. Return
+111.18%
5 Year Est. Return
+162.64%
10 Year Est. Return
+374.2%
AUM
$3.09B
AUM Growth
-$584M
Cap. Flow
-$726M
Cap. Flow %
-23.51%
Top 10 Hldgs %
45.6%
Holding
134
New
5
Increased
10
Reduced
85
Closed
26

Top Buys

1
BXLT
BAXALTA INC COM STK (DE)
BXLT
+$18.2M
2
KEX icon
Kirby Corp
KEX
+$11.4M
3
BMCH
BMC Stock Holdings, Inc
BMCH
+$3.54M
4
HERO
HERCULES OFFSHORE INC COM STK
HERO
+$3.23M
5
MYRG icon
MYR Group
MYRG
+$2.51M

Top Sells

1
WY icon
Weyerhaeuser
WY
+$80.2M
2
HOUS
Anywhere Real Estate
HOUS
+$63.6M
3
BKD icon
Brookdale Senior Living
BKD
+$59.4M
4
NVDA icon
NVIDIA
NVDA
+$42.8M
5
CVCO icon
Cavco Industries
CVCO
+$36.5M

Sector Composition

1 Real Estate 39.13%
2 Financials 22.93%
3 Consumer Discretionary 9.61%
4 Industrials 9.07%
5 Technology 3.45%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
VMI icon
101
Valmont Industries
VMI
$10.3B
$900K 0.03%
8,489
-6,422
-43% -$696K
COOP
102
DELISTED
Mr. Cooper
COOP
$719K 0.02%
23,142
-1,559
-6% -$46.3K
SPY icon
103
State Street SPDR S&P 500 ETF Trust
SPY
$775B
$303K 0.01%
1,487
-8,938
-86% -$1.84M
IUSV icon
104
iShares Core S&P US Value ETF
IUSV
$27.3B
$300K 0.01%
7,068
-42,327
-86% -$1.83M
TTE icon
105
TotalEnergies
TTE
$179B
$137K ﹤0.01%
3,056
– –
NOR
106
DELISTED
NORANDA ALUM HLDG CORP COM NEW
NOR
$107K ﹤0.01%
333,434
– –
VOD icon
107
Vodafone
VOD
$36.8B
$102K ﹤0.01%
3,159
+833
+36% +$27.2K
TRC.WS
108
DELISTED
TEJON RANCH CO WTS EXP 8/31/2016 (DE)
TRC.WS
$3K ﹤0.01%
354,918
-2,414
-0.7% -$85
AKR icon
109
Acadia Realty Trust
AKR
$2.98B
– –
-19,999
Closed -$601K
AMD icon
110
Advanced Micro Devices
AMD
$764B
– –
-250,000
Closed -$430K
ARDC
111
Are Dynamic Credit Allocation Fund
ARDC
$304M
– –
-253,978
Closed -$3.55M
BTZ icon
112
BlackRock Credit Allocation Income Trust
BTZ
$952M
– –
-409,999
Closed -$4.99M
H icon
113
Hyatt Hotels
H
$17.8B
– –
-482,381
Closed -$22.7M
HOUS
114
DELISTED
Anywhere Real Estate
HOUS
– –
-1,689,009
Closed -$63.6M
HYI
115
Western Asset High Yield Opportunity Fund Inc
HYI
$135M
– –
-562,522
Closed -$7.88M
HYT icon
116
BlackRock Corporate High Yield Fund
HYT
$1.37B
– –
-1,304,420
Closed -$12.9M
KIM icon
117
Kimco Realty
KIM
$17.8B
– –
-26,045
Closed -$636K
LXU icon
118
LSB Industries
LXU
$810M
– –
-216,888
Closed -$2.56M
NHS
119
Neuberger High Yield Strategies Fund Inc
NHS
$258M
– –
-425,826
Closed -$4.34M
NVDA icon
120
NVIDIA
NVDA
$4.84T
– –
-69,512,120
Closed -$42.8M
PLD icon
121
Prologis
PLD
$142B
– –
-8,880
Closed -$345K
POWL icon
122
Powell Industries
POWL
$8.42B
– –
-18,600
Closed -$187K
SPXC icon
123
SPX Corp
SPXC
$10.7B
– –
-83,019
Closed -$990K
TRNO icon
124
Terreno Realty
TRNO
$8.06B
– –
-42,290
Closed -$831K
HYB
125
DELISTED
New America High Income Fund, Inc.
HYB
– –
-595,362
Closed -$4.75M
2 3 4
5
6

Similar funds

TFO
Tarbox Family Office Newport Beach, California $616M AUM 18.34% 1-Year Est. Return
RRWA
Rainey & Randall Wealth Advisors Celebration, Florida $616M AUM 14.82% 1-Year Est. Return
CPC
Consolidated Planning Corp Atlanta, Georgia $617M AUM 21.61% 1-Year Est. Return
AOWM
Alpha Omega Wealth Management Richmond, Virginia $617M AUM 16.56% 1-Year Est. Return
VHMC
Value Holdings Management Company Hampton Bays, New York $617M AUM 44.83% 1-Year Est. Return
DTL
Dynamic Technology Lab Singapore $615M AUM 11.3% 1-Year Est. Return
ACP
Albar Capital Partners London, United Kingdom $618M AUM 60.79% 1-Year Est. Return
MC
McMorgan & Co San Francisco, California $618M AUM 8.76% 1-Year Est. Return

Third Avenue Management's Q4 2015 Portfolio in Review

As of Q4 2015, Third Avenue Management held 134 positions worth $3.09B, down 16% from $3.67B the previous quarter. Its ten largest holdings account for 46% of the portfolio.

Third Avenue Management withdrew a net $726M in Q4 2015, closing 26 positions and reducing 85 holdings. Its most notable exit was Anywhere Real Estate, an estimated $63.6M position sold in full.

By sector, the portfolio is most concentrated in Real Estate at 39% of assets, up from 38% a quarter earlier, followed by Financials and Consumer Discretionary.

Against the trend, Third Avenue Management opened a new position in BAXALTA INC COM STK (DE) worth $20.4M.

  • Third Avenue Management's largest Q4 2015 buy was BAXALTA INC COM STK (DE): 522,437 shares worth $20.4M.
  • Third Avenue Management added most to Designer Brands in Q4 2015, an estimated $1.77M increase.
  • Third Avenue Management's biggest Q4 2015 reduction was Weyerhaeuser, cutting an estimated $80.2M.
  • Third Avenue Management fully exited Anywhere Real Estate in Q4 2015, selling an estimated $63.6M.
  • Third Avenue Management's ten largest holdings make up 46% of its $3.09B portfolio in Q4 2015.
  • Third Avenue Management opened 5 new positions and closed 26 in Q4 2015.
  • Third Avenue Management's portfolio value fell 16% quarter-over-quarter to $3.09B.

Based on Third Avenue Management's 13F filing for Q4 2015, filed 12 Feb 2016.