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
+7.13%
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
$2.18B
AUM Growth
-$67.5M
Cap. Flow
-$203M
Cap. Flow %
-9.31%
Top 10 Hldgs %
44.12%
Holding
116
New
2
Increased
19
Reduced
54
Closed
6

Top Buys

Rank Stock Value
1
JCI icon
Johnson Controls International
JCI
+$5.96M
2
FIX icon
Comfort Systems
FIX
+$4.82M
3
SHPG
Shire pic
SHPG
+$3.98M
4
LIVN icon
LivaNova
LIVN
+$3.79M
5
SP
SP Plus Corporation
SP
+$3.04M

Top Sells

Rank Stock Value
1
FR icon
First Industrial Realty Trust
FR
+$23.9M
2
MAC icon
Macerich
MAC
+$23.5M
3
GM icon
General Motors
GM
+$19M
4
CMA
Comerica
CMA
+$18.5M
5
WY icon
Weyerhaeuser
WY
+$17.9M

Sector Composition

Rank Sector Weight
1 Real Estate 28.87%
2 Financials 28.25%
3 Industrials 12.48%
4 Consumer Discretionary 10.78%
5 Healthcare 5.26%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
SKT icon
101
Tanger
SKT
$4.33B
$1.47M 0.07%
37,674
-50,088
-57% -$2.02M
CTT
102
DELISTED
CATCHMARK TIMBER TRUST, INC.
CTT
$935K 0.04%
80,000
-22,000
-22% -$260K
FPO
103
DELISTED
First Potomac Realty Trust
FPO
$732K 0.03%
80,000
-36,900
-32% -$357K
COOP
104
DELISTED
Mr. Cooper
COOP
$507K 0.02%
18,059
-5,083
-22% -$143K
NXRT
105
NexPoint Residential Trust
NXRT
$602M
$492K 0.02%
25,000
– –
VMI icon
106
Valmont Industries
VMI
$9.19B
$319K 0.01%
2,369
-1,306
-36% -$172K
TTE icon
107
TotalEnergies
TTE
$191B
$134K 0.01%
2,807
– –
TPHS
108
DELISTED
Trinity Place Holdings Inc.com
TPHS
$124K 0.01%
12,729
– –
VOD icon
109
Vodafone
VOD
$37.1B
$81K ﹤0.01%
2,770
– –
FCE.B
110
DELISTED
Forest City Realty Trust, Inc.
FCE.B
$16K ﹤0.01%
702
– –
BR icon
111
Broadridge
BR
$20.9B
– –
-55,866
Closed -$3.64M
ENS icon
112
EnerSys
ENS
$6.69B
– –
-35,906
Closed -$2.13M
GM icon
113
General Motors
GM
$75.7B
– –
-671,819
Closed -$19M
MAGN
114
Magnera Corp
MAGN
$441M
– –
-3,584
Closed -$911K
SEMG
115
DELISTED
SEMGROUP CORPORATION
SEMG
– –
-113,491
Closed -$3.69M
TRC.WS
116
DELISTED
TEJON RANCH CO WTS EXP 8/31/2016 (DE)
TRC.WS
– –
-352,189
Closed –
1 2 3 4
5

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 Q3 2016 Portfolio in Review

As of Q3 2016, Third Avenue Management held 116 positions worth $2.18B, down 3% from $2.25B the previous quarter. Its ten largest holdings account for 44% of the portfolio.

Third Avenue Management withdrew a net $203M in Q3 2016, closing 6 positions and reducing 54 holdings. Its most notable exit was General Motors, an estimated $19M position sold in full.

By sector, the portfolio is most concentrated in Real Estate at 29% of assets, down from 31% a quarter earlier, followed by Financials and Industrials.

Against the trend, Third Avenue Management opened a new position in Comfort Systems worth $4.75M.

  • Third Avenue Management's largest Q3 2016 buy was Comfort Systems: 162,058 shares worth $4.75M.
  • Third Avenue Management added most to Johnson Controls International in Q3 2016, an estimated $5.96M increase.
  • Third Avenue Management's biggest Q3 2016 reduction was First Industrial Realty Trust, cutting an estimated $23.9M.
  • Third Avenue Management fully exited General Motors in Q3 2016, selling an estimated $19M.
  • Third Avenue Management's ten largest holdings make up 44% of its $2.18B portfolio in Q3 2016.
  • Third Avenue Management opened 2 new positions and closed 6 in Q3 2016.
  • Third Avenue Management's portfolio value fell 3% quarter-over-quarter to $2.18B.

Based on Third Avenue Management's 13F filing for Q3 2016, filed 14 Nov 2016.