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
+1.1%
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
$1.11B
AUM Growth
-$83.3M
Cap. Flow
-$78.3M
Cap. Flow %
-7.07%
Top 10 Hldgs %
52.98%
Holding
60
New
2
Increased
13
Reduced
19
Closed
3
Avg Time Held
14.3 quarters
Top 10 Avg Time Held
9.3 quarters
Top 20 Avg Time Held
11.7 quarters

Top Buys

Rank Stock Value
1
VNO icon
Vornado Realty Trust
VNO
+$14.1M
2
DBRG icon
DigitalBridge
DBRG
+$9.08M
3
MHK icon
Mohawk Industries
MHK
+$2.95M
4
CTB
Cooper Tire & Rubber Co.
CTB
+$2.58M
5
TDW icon
Tidewater
TDW
+$2.56M

Top Sells

Rank Stock Value
1
WY icon
Weyerhaeuser
WY
+$23.5M
2
LEN icon
Lennar Class A
LEN
+$18.2M
3
RIG icon
Transocean
RIG
+$9.75M
4
MAC icon
Macerich
MAC
+$9.64M
5
AKR icon
Acadia Realty Trust
AKR
+$5.9M

Sector Composition

Rank Sector Weight
1 Real Estate 40.57%
2 Financials 19.26%
3 Consumer Discretionary 16.46%
4 Industrials 12.82%
5 Materials 4.91%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow Held Since
WY icon
1
Weyerhaeuser
WY
$13.7B
$88.6M 8%
3,198,359
-899,448
-22% -$23.5M
2013 Q2
25 quarters
BN icon
2
Brookfield
BN
$81.9B
$84.1M 7.59%
4,438,158
-126,103
-3% -$2.28M
2013 Q2
25 quarters
FPH icon
3
Five Point Holdings
FPH
$315M
$82.7M 7.46%
11,024,313
-566,773
-5% -$4.19M
2017 Q2
9 quarters
LEN.B icon
4
Lennar Class B
LEN.B
$17.8B
$56.6M 5.11%
1,341,442
+9,271
+0.7% +$353K
2016 Q4
11 quarters
LEN icon
5
Lennar Class A
LEN
$17.8B
$52.7M 4.76%
974,715
-374,375
-28% -$18.2M
2016 Q1
14 quarters
RYN icon
6
Rayonier
RYN
$5.62B
$52M 4.7%
2,033,218
-203,000
-9% -$5.2M
2013 Q4
23 quarters
JBGS icon
7
JBG SMITH
JBGS
$653M
$51.3M 4.63%
1,308,276
+6,635
+0.5% +$259K
2017 Q3
8 quarters
TDW icon
8
Tidewater
TDW
$4.33B
$41.4M 3.73%
2,737,423
+136,110
+5% +$2.56M
2017 Q3
8 quarters
VNO icon
9
Vornado Realty Trust
VNO
$6.32B
$39.6M 3.57%
621,696
+223,862
+56% +$14.1M
2013 Q2
25 quarters
PNC icon
10
PNC Financial Services
PNC
$87.6B
$37.9M 3.43%
270,724
+5,285
+2% +$717K
2014 Q3
20 quarters
HA icon
11
DELISTED
Hawaiian Holdings, Inc.
HA
$37.2M 3.35%
1,414,859
-2
-0% -$53
2018 Q2
5 quarters
MAC icon
12
Macerich
MAC
$6.39B
$35.3M 3.19%
1,117,835
-305,689
-21% -$9.64M
2015 Q1
18 quarters
HCC icon
13
Warrior Met Coal
HCC
$4.96B
$34.5M 3.12%
1,769,890
+6,227
+0.4% +$139K
2017 Q4
7 quarters
UHAL icon
14
U-Haul Holding Co
UHAL
$10.8B
$29.4M 2.65%
753,790
+5,840
+0.8% +$216K
2017 Q4
7 quarters
FR icon
15
First Industrial Realty Trust
FR
$7.94B
$26.8M 2.42%
676,266
-39,772
-6% -$1.53M
2013 Q2
25 quarters
AKR icon
16
Acadia Realty Trust
AKR
$2.51B
$26.7M 2.41%
934,173
-211,951
-18% -$5.9M
2018 Q1
6 quarters
CMA icon
17
DELISTED
Comerica
CMA
$25M 2.26%
378,962
-67,193
-15% -$4.45M
2013 Q2
25 quarters
LOW icon
18
Lowe's Companies
LOW
$106B
$23.9M 2.16%
217,258
-15,144
-7% -$1.6M
2013 Q2
25 quarters
TPHS icon
19
DELISTED
Trinity Place Holdings Inc.com
TPHS
$22.8M 2.06%
5,707,236
+27,508
+0.5% +$106K
2016 Q1
14 quarters
MHK icon
20
Mohawk Industries
MHK
$8.09B
$18.1M 1.64%
146,222
+22,965
+19% +$2.95M
2019 Q1
2 quarters
EXP icon
21
Eagle Materials
EXP
$5.03B
$15.8M 1.43%
175,889
– –
2019 Q1
2 quarters
FNF icon
22
Fidelity National Financial
FNF
$10.5B
$15.1M 1.36%
352,577
-130,919
-27% -$5.45M
2016 Q1
14 quarters
SRG icon
23
Seritage Growth Properties
SRG
$88.4M
$13.8M 1.24%
323,676
+6,152
+2% +$253K
2018 Q1
6 quarters
MYRG icon
24
MYR Group
MYRG
$4.81B
$12M 1.08%
383,459
+61,974
+19% +$2M
2015 Q4
15 quarters
TRC icon
25
Tejon Ranch
TRC
$446M
$11.6M 1.05%
686,108
-298,968
-30% -$5.21M
2013 Q2
25 quarters
1
2 3

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 2019 Portfolio in Review

As of Q3 2019, Third Avenue Management held 60 positions worth $1.11B, down 7% from $1.19B the previous quarter. Its ten largest holdings account for 53% of the portfolio.

Third Avenue Management withdrew a net $78.3M in Q3 2019, closing 3 positions and reducing 19 holdings. Its most notable exit was Transocean, an estimated $9.75M position sold in full.

By sector, the portfolio is most concentrated in Real Estate at 41% of assets, down from 41% a quarter earlier, followed by Financials and Consumer Discretionary.

Against the trend, Third Avenue Management opened a new position in DigitalBridge worth $10.6M.

  • Third Avenue Management's largest Q3 2019 buy was DigitalBridge: 438,727 shares worth $10.6M.
  • Third Avenue Management added most to Vornado Realty Trust in Q3 2019, an estimated $14.1M increase.
  • Third Avenue Management's biggest Q3 2019 reduction was Weyerhaeuser, cutting an estimated $23.5M.
  • Third Avenue Management fully exited Transocean in Q3 2019, selling an estimated $9.75M.
  • Third Avenue Management's ten largest holdings make up 53% of its $1.11B portfolio in Q3 2019.
  • Third Avenue Management opened 2 new positions and closed 3 in Q3 2019.
  • Third Avenue Management's portfolio value fell 7% quarter-over-quarter to $1.11B.

Based on Third Avenue Management's 13F filing for Q3 2019, filed 13 Nov 2019.