We are live on ! Find out more
TAM

Third Avenue Management Portfolio holdings

AUM $625M Turnover 10.53%
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
Avg Time Held
0.8 years
Top 10 Avg Time Held
0.7 years
Top 20 Avg Time Held
0.9 years

Top Buys

Rank Stock Value
1
WY icon
Weyerhaeuser
WY
+$85.7M
2
AGCO icon
AGCO
AGCO
+$55.6M
3
PDCO icon
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 Held Since
BGH icon
151
Barings Global Short Duration High Yield Fund
BGH
$258M
– –
-84,032
Closed -$2.01M –
CASS icon
152
Cass Information Systems
CASS
$686M
– –
-128,132
Closed -$5M –
CMP icon
153
Compass Minerals
CMP
$932M
– –
-464,147
Closed -$38.3M –
DNN icon
154
Denison Mines
DNN
$1.96B
– –
-1,245,100
Closed -$1.84M –
EAD icon
155
Allspring Income Opportunities Fund
EAD
$347M
– –
-242,850
Closed -$2.29M –
GHY icon
156
PGIM Global High Yield Fund
GHY
$437M
– –
-127,306
Closed -$2.24M –
B icon
157
Barrick Mining
B
$64B
– –
-205,069
Closed -$3.66M –
IIIN icon
158
Insteel Industries
IIIN
$576M
– –
-508,683
Closed -$10M –
KGC icon
159
Kinross Gold
KGC
$26.4B
– –
-259,956
Closed -$1.08M –
SXT icon
160
Sensient Technologies
SXT
$5.65B
– –
-618,625
Closed -$34.9M –
TECK icon
161
Teck Resources
TECK
$31.8B
– –
-360,260
Closed -$7.79M –
VOD icon
162
Vodafone
VOD
$35.9B
– –
-6,133
Closed -$226K –
BIG icon
163
DELISTED
Big Lots, Inc.
BIG
– –
-546,692
Closed -$20.7M –
RFP
164
DELISTED
Resolute Forest Products Inc.
RFP
– –
-206,686
Closed -$4.15M –
ASNA
165
DELISTED
Ascena Retail Group, Inc.
ASNA
– –
-23,863
Closed -$8.25M –
CLD
166
DELISTED
Cloud Peak Energy Inc
CLD
– –
-465,868
Closed -$9.85M –
ISLE
167
DELISTED
Isle of Capri Casinos Inc
ISLE
$0 ﹤0.01%
+438,455
New +$3.09M
2014 Q2
0 quarters
COWN
168
DELISTED
Cowen Inc. Class A Common Stock
COWN
– –
-181,527
Closed -$3.2M –
CQB
169
DELISTED
CHIQUITA BRANDS INTL (NEW)
CQB
– –
-244,155
Closed -$3.04M –
SUSS
170
DELISTED
SUSSER HOLDINGS CORPORATION COMMON STOCK
SUSS
– –
-538,176
Closed -$33.6M –
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.