THIRD AVENUE MANAGEMENT LLC

CIK: 0001099281Latest portfolio: $550.2M · Q4 2025

Holdings

51

Total Value

$550.2M

New Positions

4

Closed Positions

3

#StockSharesValue% PortfolioChangeType
1
HCCWarrior Met Coal Inc.
583,320$51.4M9.35%-58,596
2
TDWTidewater Inc.
873,071$44.1M8.01%-1,596
3
BCCBoise Cascade Company
429,999$31.6M5.75%+156K
4
VALValaris Ltd.
584,373$29.5M5.35%-1,229
5
BNBrookfield Corp.
548,119$25.2M4.57%+170K
6
CBRECBRE Group, Inc.
146,835$23.6M4.29%-7,837
7
FPHFive Point Holdings LLC - CL A
4,113,917$23.0M4.18%
8
PLDPrologis Inc.
145,451$18.6M3.37%+57
9
RG6Rogers Corp.
199,474$18.3M3.32%+106
10
LENLennar Corp - Class B
148,008$14.1M2.56%+165
11
DBDeutsche Bank AG
337,193$13.0M2.36%NEW
12
UHAL/BU-Haul Holding Company
259,246$12.1M2.20%+21
13
SUISun Communities Inc.
96,922$12.0M2.18%+136
14
PHMPulteGroup Inc.
100,684$11.8M2.15%+4K
15
JLLJones Lang Lasalle
34,351$11.6M2.10%-17,268
16
DHIDR Horton Inc.
78,194$11.3M2.05%+116
17
FNFFNF Group
205,320$11.2M2.04%+87K
18
KALUKaiser Aluminum Corp.
85,363$9.8M1.78%-4,172
19
COLLCollegium Pharmaceutical Inc.
203,401$9.4M1.71%
20
SUPNSupernus Pharmaceuticals, Inc.
189,493$9.4M1.71%
21
ECPGEncore Capital Group Inc.
171,022$9.3M1.69%
22
UMBFUMB Financial Corporation
78,245$9.0M1.64%-19,273
23
SKYChampion Homes, Inc.
106,409$9.0M1.63%
24
AMHAmerican Homes 4 Rent
278,512$8.9M1.62%+87K
25
MYRGMYR Group Inc.
35,554$7.8M1.41%

Quarterly Changes

New Positions

Closed Positions

  • CMACLOSED
    $10.8B
  • SEBCLOSED
    $3.8B
  • VCCLOSED
    $1.2B

Increased Positions

NameSharesChange
OSG782K+179K
BN548K+170K
BCC430K+156K
AMH279K+87K
FNF205K+87K
OCFC193K+30K
BXC64K+18K
WY172K+10K
ALG24K+9K
ICFI53K+6K

Decreased Positions

NameSharesChange
SBSI117K-92547
FRPH107K-71101
PRA293K-71023
HCC583K-58596
RYN188K-29712
UMBF78K-19273
JLL34K-17268
CBRE147K-7837
KALU85K-4172
FR105K-1614

Sector Breakdown

Financial Services0.0% ($2.515313002112089e+40T)
Real Estate0.0% ($2.3609229961856813e+39T)
Industrials0.0% ($776854844964451.0T)
Consumer Cyclical0.0% ($14078118061126.3T)
Energy0.0% ($5143144098.3T)
Unknown0.0% ($182651211.7T)
Basic Materials0.0% ($3164.8T)
Healthcare0.0% ($94.2B)
Communication Services0.0% ($69.9B)
Technology0.0% ($51.6B)

Filing History

QuarterFiling DatePortfolio ValueHoldings
Q4 2025Feb 12, 2026$550.2M51
Q3 2025Nov 14, 2025$532.7B50
Q2 2025Aug 13, 2025$484.9B0
Q1 2025May 14, 2025$498.7B61
Q4 2024Feb 13, 2025$516.8B59

Fund Information

CIK0001099281
Most Recent FilingFeb 12, 2026
Number of Filings5

THIRD AVENUE MANAGEMENT LLC is an institutional investment manager that files 13F reports with the SEC. As of the Q4 2025 filing, the fund reported a portfolio valued at $550.2M across 51 holdings. The largest position is Warrior Met Coal Inc. (HCC), representing 9.3% of the portfolio. Compared to the previous quarter, the fund opened 4 new positions and closed 3 positions. 13F filings are required quarterly disclosures that provide transparency into the holdings of institutional investment managers with at least $100 million in qualifying assets.