THIRD AVENUE MANAGEMENT LLC Q4 2025 Filing

Filed February 12, 2026

Portfolio Value

$550.2M

Holdings

51

Report Date

Q4 2025

Filing Type

13F-HR

All Holdings (51 positions)

#StockSharesValue% PortfolioType
1
HCCWarrior Met Coal Inc.
583,320$51.4M9.35%
2
TDWTidewater Inc.
873,071$44.1M8.01%
3
BCCBoise Cascade Company
429,999$31.6M5.75%
4
VALValaris Ltd.
584,373$29.5M5.35%
5
BNBrookfield Corp.
548,119$25.2M4.57%
6
CBRECBRE Group, Inc.
146,835$23.6M4.29%
7
FPHFive Point Holdings LLC - CL A
4,113,917$23.0M4.18%
8
PLDPrologis Inc.
145,451$18.6M3.37%
9
RG6Rogers Corp.
199,474$18.3M3.32%
10
LENLennar Corp - Class B
148,008$14.1M2.56%
11
DBDeutsche Bank AG
337,193$13.0M2.36%
12
UHAL/BU-Haul Holding Company
259,246$12.1M2.20%
13
SUISun Communities Inc.
96,922$12.0M2.18%
14
PHMPulteGroup Inc.
100,684$11.8M2.15%
15
JLLJones Lang Lasalle
34,351$11.6M2.10%
16
DHIDR Horton Inc.
78,194$11.3M2.05%
17
FNFFNF Group
205,320$11.2M2.04%
18
KALUKaiser Aluminum Corp.
85,363$9.8M1.78%
19
SUPNSupernus Pharmaceuticals, Inc.
189,493$9.4M1.71%
20
COLLCollegium Pharmaceutical Inc.
203,401$9.4M1.71%
21
ECPGEncore Capital Group Inc.
171,022$9.3M1.69%
22
UMBFUMB Financial Corporation
78,245$9.0M1.64%
23
SKYChampion Homes, Inc.
106,409$9.0M1.63%
24
AMHAmerican Homes 4 Rent
278,512$8.9M1.62%
25
MYRGMYR Group Inc.
35,554$7.8M1.41%
26
PRAProassurance Corp.
292,990$7.1M1.29%
27
PBProsperity Bancshares Inc.
102,168$7.1M1.28%
28
BATRAAtlanta Braves Holdings Inc - A
164,438$7.0M1.27%
29
LXULSB Industries Inc.
789,447$6.7M1.22%
30
OSGOctave Specialty Group
782,093$6.1M1.11%
31
FRFirst Industrial Realty Trust, Inc.
104,728$6.0M1.09%
32
UNFUniFirst Corporation
28,434$5.5M1.00%
33
ITICInvestors Title Co.
21,894$5.5M0.99%
34
CETCentral Securities Corporation
101,812$5.2M0.94%
35
WCCWesco International
20,295$5.0M0.90%
36
TPHTri Pointe Group Inc.
155,855$4.9M0.89%
37
SA2DSandridge Energy Inc.
330,818$4.8M0.87%
38
ICFIICF International, Inc.
52,864$4.5M0.82%
39
RYNRayonier Inc.
188,340$4.1M0.74%
40
WYWeyerhaeuser Company
171,582$4.1M0.74%
41
ALGAlamo Group, Inc.
24,009$4.0M0.73%
42
BXCBluelinx Holdings Inc.
64,339$4.0M0.72%
43
CTLPCantaloupe, Inc.
370,013$3.9M0.71%
44
PBFPBF Energy Inc.
131,050$3.6M0.65%
45
SBSISouthside Bancshares Inc.
116,879$3.6M0.65%
46
OCFCOceanFirst Financial Trust
192,807$3.5M0.63%
47
FSVFirstService Corp.
18,714$2.9M0.53%
48
QC10Flagstar Bank
217,305$2.7M0.50%
49
FRPHFRP Holdings Inc.
107,429$2.4M0.44%
50
BATRAAtlanta Braves Holdings Inc - C
26,104$1.0M0.19%
51
FGF&G Annuities and Life
12,319$380K0.07%