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
+0.39%
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
$499M
AUM Growth
-$18.1M
Cap. Flow
-$7.95M
Cap. Flow %
-1.59%
Top 10 Hldgs %
46.56%
Holding
62
New
3
Increased
10
Reduced
13
Closed
1

Top Buys

Rank Stock Value
1
TDW icon
Tidewater
TDW
+$11M
2
PHM icon
Pultegroup
PHM
+$6.89M
3
VAL icon
Valaris
VAL
+$6.14M
4
BXC icon
BlueLinx
BXC
+$2.77M
5
MRP
Millrose Properties Inc
MRP
+$1.89M

Top Sells

Rank Stock Value
1
DB icon
Deutsche Bank
DB
+$15.5M
2
ORI icon
Old Republic International
ORI
+$4.73M
3
AMH icon
American Homes 4 Rent
AMH
+$4.6M
4
LEN.B icon
Lennar Class B
LEN.B
+$2.67M
5
SEB icon
Seaboard Corp
SEB
+$2.67M

Sector Composition

Rank Sector Weight
1 Financials 31.46%
2 Real Estate 25.57%
3 Energy 12.6%
4 Consumer Discretionary 8.58%
5 Industrials 8.07%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
TDW icon
1
Tidewater
TDW
$4.61B
$34.2M 6.86%
809,258
+221,079
+38% +$11M
DB icon
2
Deutsche Bank
DB
$75.8B
$34.1M 6.84%
1,447,570
-738,934
-34% -$15.5M
HCC icon
3
Warrior Met Coal
HCC
$5.65B
$29.3M 5.87%
613,206
+25,761
+4% +$1.32M
VAL icon
4
Valaris
VAL
$5.99B
$22.4M 4.49%
569,839
+143,231
+34% +$6.14M
FPH icon
5
Five Point Holdings
FPH
$367M
$22M 4.42%
4,125,911
– –
CBRE icon
6
CBRE Group
CBRE
$43.7B
$21.6M 4.33%
165,109
-8,909
-5% -$1.21M
BN icon
7
Brookfield
BN
$92.3B
$19.8M 3.98%
567,374
-19,843
-3% -$750K
CMA
8
DELISTED
Comerica
CMA
$17.9M 3.59%
302,904
+23
+0% +$1.45K
LEN.B icon
9
Lennar Class B
LEN.B
$20.5B
$16.1M 3.23%
147,770
-22,424
-13% -$2.67M
UHAL.B icon
10
U-Haul Holding Co Series N
UHAL.B
$11.7B
$14.8M 2.97%
249,865
– –
PLD icon
11
Prologis
PLD
$134B
$14.4M 2.9%
129,162
+219
+0.2% +$25.3K
ORI icon
12
Old Republic International
ORI
$10.2B
$13.2M 2.65%
336,388
-129,090
-28% -$4.73M
PRA
13
DELISTED
ProAssurance
PRA
$13.2M 2.64%
563,988
– –
JLL icon
14
Jones Lang LaSalle
JLL
$17.4B
$12.9M 2.58%
51,990
– –
SUI icon
15
Sun Communities
SUI
$15B
$11.7M 2.34%
90,715
-17,422
-16% -$2.23M
UMBF icon
16
UMB Financial
UMBF
$11B
$10.4M 2.08%
102,796
– –
DHI icon
17
D.R. Horton
DHI
$41.2B
$10M 2.01%
78,745
– –
ITIC
18
Investors Title Co
ITIC
$565M
$9.38M 1.88%
38,919
-220
-0.6% -$50.9K
MYRG icon
19
MYR Group
MYRG
$4.58B
$8.23M 1.65%
72,797
– –
FNF icon
20
Fidelity National Financial
FNF
$12.8B
$7.72M 1.55%
118,656
– –
PB icon
21
Prosperity Bancshares
PB
$8.69B
$7.29M 1.46%
102,168
– –
AMH icon
22
American Homes 4 Rent
AMH
$12.1B
$7.28M 1.46%
192,560
-128,661
-40% -$4.6M
FR icon
23
First Industrial Realty Trust
FR
$8.21B
$7.26M 1.46%
134,558
-22,572
-14% -$1.22M
FRPH icon
24
FRP Holdings
FRPH
$426M
$7.23M 1.45%
252,952
– –
BATRA icon
25
Atlanta Braves Holdings Series A
BATRA
$3.58B
$7.21M 1.45%
164,438
– –
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 Q1 2025 Portfolio in Review

As of Q1 2025, Third Avenue Management held 62 positions worth $499M, down 3.5% from $517M the previous quarter. Its ten largest holdings account for 47% of the portfolio.

Third Avenue Management's Q1 2025 filing shows 3 new, 10 increased, 13 reduced and 1 closed positions. Its largest new stake was Pultegroup: 63,800 shares worth $6.56M. The largest sale was Deutsche Bank, an estimated $15.5M.

By sector, the portfolio is most concentrated in Financials at 31% of assets, down from 32% a quarter earlier, followed by Real Estate and Energy.

  • Third Avenue Management's largest Q1 2025 buy was Pultegroup: 63,800 shares worth $6.56M.
  • Third Avenue Management added most to Tidewater in Q1 2025, an estimated $11M increase.
  • Third Avenue Management's biggest Q1 2025 reduction was Deutsche Bank, cutting an estimated $15.5M.
  • Third Avenue Management fully exited Retail Opportunity Investments Corp. in Q1 2025, selling an estimated $1.56M.
  • Third Avenue Management's ten largest holdings make up 47% of its $499M portfolio in Q1 2025.
  • Third Avenue Management opened 3 new positions and closed 1 in Q1 2025.
  • Third Avenue Management's portfolio value fell 3.5% quarter-over-quarter to $499M.

Based on Third Avenue Management's 13F filing for Q1 2025, filed 14 May 2025.