THIRD AVENUE MANAGEMENT LLC
CIK 1099281 · View on SEC EDGAR ↗
- Portfolio value
- $625.3M
- Positions
- 55
- As of
- June 30, 2026
#3,284 of 9,443 by 13F value · top 34.8%
Portfolio value QoQ: +1.5% 13F does not disclose cash
- Top 10 holdings weight
- 50.20%
- Top 25 holdings weight
- 75.46%
- Positions above 1%
- 33
- Effective number of positions
- 26.9
Based on 13F long-equity holdings only (cash, bonds, shorts not disclosed)
Turnover Q2 2026: 6.24% Est. buys $38,704,019 · sells $58,242,842
Median holding: 6.0 quarters Tracked Q4 2024–Q2 2026 · 68.8% still held
- New positions
- 4
- Increased
- 13
- Decreased
- 23
- Closed
- 2
On this page
- Performance vs S&P How this manager's 13F portfolio performed against the S&P 500.
- Sector breakdown How the portfolio splits across market sectors.
- Portfolio Every stock this institution reports holding, from its latest 13F.
- High-conviction bets The holdings this manager is most concentrated in.
- Biggest new bets Brand-new positions opened in the latest quarter.
- Top moves The biggest position increases and decreases this quarter.
- Exited positions Positions the manager fully sold out of last quarter.
Performance vs S&P 500
Annualized: +28.6% · S&P 500: +18.0%
Approximates a buy-and-hold portfolio built from quarterly SEC 13F snapshots. Excludes cash, short positions, options/derivatives, and non-13(f) securities — reflects the disclosed long-equity book only, not total fund AUM. SEC filing lag is up to 45 days; this is not a real-time-copyable timing.
Priceable coverage: 90.6% · Options excluded: 0.0%
Sector breakdown
Industrials
21.9%
Energy
17.7%
Real Estate
16.6%
Financials
9.0%
Consumer products
6.3%
Consumer Discretionary
5.8%
Materials
5.3%
Financial Services
4.6%
Healthcare
4.5%
Communication Services
1.2%
Technology
0.9%
Other/Unmapped
6.2%
Full portfolio 55 positions
| Type | Streak | 8Q trend | |||||
|---|---|---|---|---|---|---|---|
| TDW Tidewater Inc. Common Stock | $62,240,482 | 9.95% | 934,121 | $-14,724,191 | Up ×2 | ||
| BCC Boise Cascade, L.L.C. Common Stock | $46,739,936 | 7.47% | 602,086 | $4,110,643 | Up ×3 | ||
| VAL Valaris Limited Common Shares | $37,484,324 | 5.99% | 516,313 | $-12,338,231 | Up ×1 | ||
| RHI Robert Half Inc. Common Stock | $37,095,915 | 5.93% | 1,208,336 | $14,136,728 | Up ×1 | ||
| HOG Harley-Davidson, Inc. Common Stock | $36,222,325 | 5.79% | 1,480,880 | $6,647,138 | Up ×1 | ||
| HCC Warrior Met Coal, Inc. Common Stock | $23,162,902 | 3.70% | 285,398 | $-10,743,884 | Down ×3 | ||
| FPH Five Point Holdings, LLC Class A Common Shares | $19,478,737 | 3.11% | 3,696,155 | $790,713 | Down ×2 | ||
| CBRE CBRE Group Inc Common Stock Class A | $18,303,832 | 2.93% | 135,896 | $-163,430 | Down ×6 | ||
| BN Brookfield Corporation Class A Limited Voting Shares | $16,820,026 | 2.69% | 394,929 | $-2,666,077 | Down ×2 | ||
| UHALB | $16,379,414 | 2.62% | 283,872 | $3,676,383 | Down ×1 | ||
| PLD Prologis, Inc. Common Stock | $14,200,372 | 2.27% | 104,823 | $-2,447,038 | Down ×2 | ||
| LENB | $13,276,161 | 2.12% | 149,658 | $1,260,208 | Up ×1 | ||
| PHM PulteGroup, Inc. Common Stock | $13,050,180 | 2.09% | 95,111 | $1,862,176 | Down ×2 | ||
| ECPG Encore Capital Group Inc - Common Stock | $12,101,299 | 1.94% | 129,717 | $2,108,358 | Down ×2 | ||
| DHI D.R. Horton, Inc. Common Stock | $11,272,110 | 1.80% | 69,205 | $1,140,334 | Down ×2 | ||
| UMBF UMB Financial Corporation - Common Stock | $11,170,256 | 1.79% | 78,245 | $2,345,002 | |||
| SUI Sun Communities, Inc. Common Stock | $10,966,249 | 1.75% | 91,454 | $-553,423 | Down ×2 | ||
| ROG Rogers Corporation Common Stock | $10,083,148 | 1.61% | 61,584 | $-6,126,365 | Down ×2 | ||
| JLL Jones Lang LaSalle Incorporated Common Stock | $9,934,827 | 1.59% | 32,053 | $72,729 | Down ×5 | ||
| FNF Fidelity National Financial, Inc. Common Stock | $9,107,492 | 1.46% | 193,119 | $135,049 | Down ×2 | ||
| SKY Champion Homes, Inc. Common Stock | $8,862,757 | 1.42% | 100,576 | $1,369,459 | Down ×2 | ||
| FSV FirstService Corporation - Common Shares | $8,803,857 | 1.41% | 61,951 | $1,794,056 | Up ×2 | ||
| AMH American Homes 4 Rent Common Shares of Beneficial Interest | $8,784,184 | 1.40% | 262,058 | $1,454,626 | Down ×2 | ||
| OSG Octave Specialty Group, Inc. Common Stock | $8,373,325 | 1.34% | 1,341,879 | $2,136,694 | Up ×3 | ||
| BKD Brookdale Senior Living Inc. Common Stock | $7,961,750 | 1.27% | 494,826 | $1,618,826 | Up ×1 | ||
| PB Prosperity Bancshares, Inc. Common Stock | $7,461,329 | 1.19% | 102,168 | $597,683 | |||
| ICFI ICF International, Inc. - Common Stock | $7,205,344 | 1.15% | 98,893 | $2,521,701 | Up ×3 | ||
| SUPN Supernus Pharmaceuticals, Inc. - Common Stock | $7,103,193 | 1.14% | 152,724 | $-791,111 | |||
| ALG Alamo Group, Inc. Common Stock | $6,952,170 | 1.11% | 42,265 | $1,288,420 | Up ×3 | ||
| COLL Collegium Pharmaceutical, Inc. - Common Stock | $6,611,749 | 1.06% | 182,645 | $1,481,170 | Up ×1 | ||
| CPRX Catalyst Pharmaceuticals, Inc. - Common Stock | $6,605,360 | 1.06% | 210,161 | $1,401,774 | |||
| MYRG MYR Group, Inc. - Common Stock | $6,538,226 | 1.05% | 13,066 | $-1,597,954 | Down ×2 | ||
| BATRA Atlanta Braves Holdings, Inc. - Series A Common Stock | $6,299,963 | 1.01% | 111,880 | $-1,453,289 | Down ×1 | ||
| TMHC Taylor Morrison Home Corporation Common Stock | $6,165,407 | 0.99% | 85,941 | Up ×1 | |||
| ITIC Investors Title Company - Common Stock | $5,991,950 | 0.96% | 21,894 | $1,233,508 | |||
| PBF PBF Energy Inc. Class A Common Stock | $5,965,396 | 0.95% | 131,050 | $-275,205 | |||
| WCC WESCO International, Inc. Common Stock | $5,859,529 | 0.94% | 16,963 | $594,259 | Down ×2 | ||
| KALU Kaiser Aluminum Corporation - Common Stock | $5,839,164 | 0.93% | 29,848 | $2,238,205 | Down ×3 | ||
| UNF Unifirst Corporation Common Stock | $5,501,297 | 0.88% | 20,802 | $-1,652,413 | Down ×1 | ||
| QLYS Qualys, Inc. - Common Stock | $5,378,609 | 0.86% | 39,120 | $1,941,917 | |||
| CET | $5,340,039 | 0.85% | 101,812 | $284,055 | |||
| FLG Flagstar Bank, N.A. Common Stock | $4,948,741 | 0.79% | 331,241 | $586,297 | |||
| SD SandRidge Energy, Inc. Common Stock | $4,830,045 | 0.77% | 352,558 | $-565,597 | Up ×1 | ||
| OCFC OceanFirst Financial Corp. - Common Stock | $4,817,309 | 0.77% | 246,662 | $367,527 | |||
| FR First Industrial Realty Trust, Inc. Common Stock | $4,751,402 | 0.76% | 77,498 | $64,626 | Down ×6 | ||
| LXU LSB Industries, Inc. Common Stock | $4,119,648 | 0.66% | 381,096 | $-1,558,682 | |||
| SBSI Southside Bancshares, Inc. Common Stock | $4,112,972 | 0.66% | 116,879 | $479,204 | |||
| BXC Bluelinx Holdings Inc. Common Stock | $3,983,154 | 0.64% | 64,369 | $495,642 | |||
| MMS Maximus, Inc. Common Stock | $3,982,810 | 0.64% | 74,085 | Up ×1 | |||
| Unknown issuer (CUSIP: G4587L109) | $3,918,136 | 0.63% | 550,300 | Up ×1 | |||
| WY Weyerhaeuser Company Common Stock | $3,880,602 | 0.62% | 162,097 | $-86,268 | Down ×2 | ||
| CRAI CRA International,Inc. - Common Stock | $2,962,544 | 0.47% | 20,819 | Up ×1 | |||
| FRPH FRP Holdings, Inc. - Common Stock | $2,677,928 | 0.43% | 107,160 | $333,267 | |||
| COMP Compass, Inc. Class A Common Stock | $2,311,493 | 0.37% | 187,469 | $941,095 | |||
| BATRK Atlanta Braves Holdings, Inc. - Series C Common Stock | $1,350,801 | 0.22% | 26,027 | $236,160 | Down ×1 | ||
| No matches | |||||||
Conviction holdings
Positions increased for 3+ consecutive quarters.
Share counts are as reported in 13F filings (not split-adjusted)
Biggest new bets
New positions opened this quarter, largest first.
Top movers (QoQ)
| Security | Action | Shares Δ | Value Δ |
|---|---|---|---|
| TDW | Bought more | +13K | -$14.7M |
| RHI | Bought more | +304K | +$14.1M |
| VAL | Bought more | +8K | -$12.3M |
| HCC | Trimmed | -79K | -$10.7M |
| HOG | Bought more | +18K | +$6.6M |
| ROG | Trimmed | -89K | -$6.1M |
| BCC | Bought more | +40K | +$4.1M |
| UHALB | Trimmed | -503 | +$3.7M |
| BN | Trimmed | -87K | -$2.7M |
| ICFI | Bought more | +27K | +$2.5M |
Exited positions
Includes corporate events (mergers, delistings) — not all exits are sells
Closed positions reflect 13F reporting changes; for index managers these are often mechanical (delisting, M&A, index rebalancing), not active decisions.
| Security | Quarter | Shares before | Value before | Price since exit |
|---|---|---|---|---|
| DB | Sept. 30, 2025 | 1,021,558 | $30,182,748 | 8.2% |
| DB | March 31, 2026 | 337,193 | $13,002,162 | 28.6% |
| CMA | Dec. 31, 2025 | 156,314 | $10,799,734 | No longer tracked |
| TPH | June 30, 2026 | 155,855 | $7,283,104 | No longer tracked |
| PRA | June 30, 2026 | 260,608 | $6,442,230 | No longer tracked |
| BAM | June 30, 2025 | 132,103 | $6,400,390 | -5.0% |
| RYN | March 31, 2026 | 188,340 | $4,077,561 | 3.2% |
| CTLP | March 31, 2026 | 370,013 | $3,929,538 | No longer tracked |
| ORI | Sept. 30, 2025 | 98,535 | $3,787,685 | 0.0% |
| SEB | Dec. 31, 2025 | 1,015 | $3,758,636 | No longer tracked |
| HBB | Sept. 30, 2025 | 131,461 | $2,351,837 | 133.8% |
| ELME | June 30, 2025 | 93,000 | $1,618,200 | -89.8% |
| ROIC | March 31, 2025 | 90,000 | $1,562,400 | No longer tracked |
| MRP | Sept. 30, 2025 | 50,697 | $1,445,371 | -9.1% |
| VC | Dec. 31, 2025 | 10,298 | $1,246,573 | 12.5% |
| CTO | June 30, 2025 | 63,000 | $1,216,530 | 27.2% |
| WSR | June 30, 2025 | 80,000 | $1,165,600 | No longer tracked |
| IVT | June 30, 2025 | 38,000 | $1,116,060 | 22.4% |
| PCH | June 30, 2025 | 20,000 | $902,400 | No longer tracked |
| RMR | June 30, 2025 | 37,000 | $616,050 | 22.9% |
| VTMX | June 30, 2025 | 25,000 | $570,250 | 25.7% |
| FG | March 31, 2026 | 12,319 | $380,047 | -0.6% |
| STC | June 30, 2025 | 5,194 | $370,592 | 5.6% |
| GRBK | June 30, 2025 | 5,000 | $291,550 | 13.6% |
| UHAL | June 30, 2025 | 1,456 | $95,164 | 21.6% |
| EQC | June 30, 2025 | 55,000 | $88,550 | No longer tracked |