Latest THIRD AVENUE MANAGEMENT LLC Stock Portfolio

THIRD AVENUE MANAGEMENT LLC Performance:

2024 Q3: 7.31%YTD: 5.94%2023: 22.23%

Performance for 2024 Q3 is 7.31%, and YTD is 5.94%, and 2023 is 22.23%.

About THIRD AVENUE MANAGEMENT LLC and 13F Hedge Fund Stock Holdings

THIRD AVENUE MANAGEMENT LLC is a hedge fund based in NEW YORK, NY. On 10-Jul-2023, the fund reported that it had an AUM (Regulated Assets under Management) of $1.3 Billions. In it's latest 13F Holdings report, THIRD AVENUE MANAGEMENT LLC reported an equity portfolio of $611.6 Millions as of 30 Sep, 2024.

The top stock holdings of THIRD AVENUE MANAGEMENT LLC are HCC, , TDW. The fund has invested 8.3% of it's portfolio in WARRIOR MET COAL INC. and 7% of portfolio in DEUTSCHE BANK AG.

The fund managers got completely rid off WASHINGTON TRUST BANCORP. (WASH) and LOWE'S COMPANIES INC. (LOW) stocks. They significantly reduced their stock positions in OLD REPUBLIC INTERNATIONAL CORP. (ORI), LAZARD LTD. and DR HORTON INC. (DHI). THIRD AVENUE MANAGEMENT LLC opened new stock positions in SANDRIDGE ENERGY INC. (SD) and PBF ENERGY INC. (PBF). The fund showed a lot of confidence in some stocks as they added substantially to WESCO INTERNATIONAL (WCC), MYR GROUP INC. (MYRG) and WARRIOR MET COAL INC. (HCC).

THIRD AVENUE MANAGEMENT LLC Annual Return Estimates Vs S&P 500

Our best estimate is that THIRD AVENUE MANAGEMENT LLC made a return of 7.31% in the last quarter. In trailing 12 months, it's portfolio return was 17.94%.

New Buys

Ticker	$ Bought
sandridge energy inc.	3,431,180
pbf energy inc.	2,660,400

New stocks bought by THIRD AVENUE MANAGEMENT LLC

Additions

Ticker	% Inc.
wesco international	211
myr group inc.	7.44
warrior met coal inc.	4.06
valaris ltd.	2.9
deutsche bank ag	0.29
collegium pharmaceutical inc.	0.2
encore capital group inc.	0.2
lsb industries inc.	0.2

Additions to existing portfolio by THIRD AVENUE MANAGEMENT LLC

Reductions

Ticker	% Reduced
old republic international corp.	-38.39
lazard ltd.	-34.18
dr horton inc.	-25.71
umb financial corporation	-25.71
weyerhaeuser company	-10.66
brookfield corp.	-6.14
tidewater inc.	-5.56
atlanta braves holdings inc - c	-0.72

THIRD AVENUE MANAGEMENT LLC reduced stake in above stock

Sold off

Ticker	$ Sold
washington trust bancorp.	-5,457,850
lowe's companies inc.	-3,107,600

THIRD AVENUE MANAGEMENT LLC got rid off the above stocks

Sector Distribution

THIRD AVENUE MANAGEMENT LLC has about 23.6% of it's holdings in Real Estate sector.

Sector	%
Real Estate	23.6
Financial Services	17.3
Others	17.2
Energy	10.6
Basic Materials	10.3
Consumer Cyclical	9.8
Industrials	9.1
Healthcare	2.1

Market Cap. Distribution

THIRD AVENUE MANAGEMENT LLC has about 26.4% of it's portfolio invested in the large-cap and mega-cap stocks.

Category	%
MID-CAP	38.2
LARGE-CAP	26.4
UNALLOCATED	17.2
SMALL-CAP	16.6
MICRO-CAP	1.6

Stocks belong to which Index?

About 59.9% of the stocks held by THIRD AVENUE MANAGEMENT LLC either belong to S&P 500 or RUSSELL 2000 index.

Index	%
RUSSELL 2000	40.1
Others	40.1
S&P 500	19.8

Top 5 Winners (%)		%
HBB	hamilton beach brand	77.0 %
GRBK	green brick partners	45.9 %
FPH	five point holdings llc - cl a	41.6 %
CBRE	cbre group, inc.	39.6 %
DHI	dr horton inc.	33.4 %

Top 5 Winners ($)		$
CBRE	cbre group, inc.	6.5 M
LEN	lennar corp - class b	5.4 M
DHI	dr horton inc.	5.0 M
CMA	comerica inc.	4.2 M
HBB	hamilton beach brand	4.2 M

Top 5 Losers (%)		%
TPHS	trinity place holdings	-65.8 %
VAL	valaris ltd.	-24.9 %
TDW	tidewater inc.	-23.6 %
MYRG	myr group inc.	-23.4 %
KALU	kaiser aluminum corp.	-17.5 %

Top 5 Losers ($)		$
TDW	tidewater inc.	-11.5 M
VAL	valaris ltd.	-8.0 M
MYRG	myr group inc.	-2.3 M
KALU	kaiser aluminum corp.	-1.2 M
PBF	pbf energy inc.	-0.5 M

THIRD AVENUE MANAGEMENT LLC Holdings Map

This heatmap illustrates the top 50 positions within the fund's portfolio.

Current Stock Holdings of THIRD AVENUE MANAGEMENT LLC

THIRD AVENUE MANAGEMENT LLC has 59 stocks in it's portfolio. About 48.2% of the portfolio is in top 10 stocks. TDW proved to be the most loss making stock for the portfolio. CBRE was the most profitable stock for THIRD AVENUE MANAGEMENT LLC last quarter.

Last Reported on: 14 Nov, 2024

Ticker	Namesorted ascending	% Portfolio	Shares Held	$ Value	Type	% Change
ALG	alamo group, inc.	0.94	31,880	5,742,540	unchanged	0.00

AMH	american homes 4 rent	2.02	321,221	12,331,700	added	0.19

BATRA	atlanta braves holdings inc - a	1.13	164,438	6,931,060	unchanged	0.00

BATRA	atlanta braves holdings inc - c	0.17	26,104	1,038,940	reduced	-0.72

CBRE	cbre group, inc.	3.72	183,011	22,781,200	added	0.11

CMA	comerica inc.	4.66	475,883	28,510,200	reduced	-0.11

COLL	collegium pharmaceutical inc.	1.15	182,651	7,057,640	added	0.2

CTO	cto realty growth, inc.	0.20	63,000	1,198,260	unchanged	0.00

DHI	dr horton inc.	2.46	78,745	15,022,200	reduced	-25.71

ECPG	encore capital group inc.	1.32	171,022	8,084,210	added	0.2

EQC	equity commonwealth	0.18	55,000	1,094,500	unchanged	0.00

FNF	fnf group	1.20	118,656	7,363,790	unchanged	0.00

FPH	five point holdings llc - cl a	2.25	3,310,930	13,740,400	unchanged	0.00

FR	first industrial realty trust, inc.	1.44	157,130	8,796,140	unchanged	0.00

FRPH	frp holdings inc.	1.24	252,952	7,553,150	reduced	-0.04

GRBK	green brick partners	0.07	5,000	417,600	unchanged	0.00

HBB	hamilton beach brand	1.57	316,634	9,635,170	reduced	-0.21

HCC	warrior met coal inc.	8.31	795,414	50,827,000	added	4.06

ICFI	icf international, inc.	1.21	44,188	7,370,120	reduced	-0.16

ITIC	investors title co.	1.47	39,139	8,994,140	reduced	-0.15