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Focused investors/Third Avenue Management

Third Avenue Management

As of Q2 2026, Third Avenue Management reported 55 long-equity positions worth $625.34M in aggregate.

Copy-investor backtest

Latest quarter
+10.05%
1-year
+31.07%
3-year
+79.93%
5-year
+90.22%
3-year vs S&P 500
+7.54%
5-year vs S&P 500
+16.99%
5-year top 5
+140.52%

Return from mechanically copying the disclosed 13F equity portfolio after each filing and rebalancing at the next. The vs S&P 500 figures subtract SPY over that manager's own rebalance dates, so both sides cover the same days; both are price return, excluding dividends. Method & limitations.

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Updated 2026-06-06 from SEC 13F data.

Live quotes available for 47 of 124 rows. Rows without a quote are marked unavailable.

1PKXPosco ADR8.99%Reduce -0.9%4,358,227$357.81MNo quoteNo quote
2BAMBrookfield Asset Mgmt. CL A CL A LTD VT SH7.64%Reduce -9.0%11,062,513$304M$27.48No quote
3FCEAForest City Enterprises Inc. CL A5.91%Reduce -0.4%19,886,884$235.06MNo quoteNo quote
4BKBank of New York Mellon Corp. COM4.99%Reduce -1.1%9,974,123$198.59M$19.91No quote
5CVACovanta Holding Corporation COM3.18%Reduce -0.1%9,255,039$126.7MNo quoteNo quote
6WYWeyerhaeuser Company COM3.10%Reduce -6.5%6,599,554$123.21M$18.67No quote
7TRCTejon Ranch Co. COM2.93%Reduce -0.6%4,756,013$116.43MNo quoteNo quote
8KEYKeycorp COM2.74%Reduce -1.1%14,160,288$108.89M$7.69No quote
9TLABTellabs, Inc. COM2.56%Reduce -1.4%25,187,955$101.76MNo quoteNo quote
10ECAEncana Corporation COM2.28%Reduce -1.3%4,889,525$90.62MNo quoteNo quote
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12LUKLeucadia National Corporation COM1.96%Add +5.1%3,436,374$78.14MNo quoteNo quote
13SCMRSycamore Networks, Inc. COM1.80%Reduce -5.7%3,993,411$71.48MNo quoteNo quote
14BRSBristow Group Inc. COM1.67%Reduce -15.7%1,405,374$66.6MNo quoteNo quote
15MTNVail Resorts Inc. COM1.47%Add +6.0%1,382,421$58.56M$42.36No quote
16AVXAVX Corporation COM1.44%Reduce -22.5%4,494,680$57.35MNo quoteNo quote
17IMIngram Micro Inc. CL A1.42%Add +9.4%3,110,112$56.57MNo quoteNo quote
18AMATApplied Materials, Inc. COM1.42%Add +3.9%5,271,826$56.46M$10.71No quote
19ALEXAlexander & Baldwin, Inc. COM1.34%Add +4.2%1,304,875$53.27MNo quoteNo quote
20WTMWhite Mtns Insurance Group COM1.32%Reduce -1.4%115,828$52.52M$453.47No quote
21VNOVornado Realty Trust SH BEN INT1.28%Reduce -0.2%660,263$50.75M$76.86No quote
22CKHSeacor Holdings Inc. COM1.23%Add +14.8%551,422$49.06MNo quoteNo quote
23MSGMadison Square Garden Inc. CL A1.23%Add +3.1%1,706,457$48.87MNo quoteNo quote
24LENLennar Corp. CL A1.21%Add +0.3%2,452,069$48.18M$19.65No quote
25LXKLexmark International Inc. CL A1.13%Reduce -0.4%1,359,944$44.97MNo quoteNo quote
26BRBroadridge Financial Solutions Inc. COM1.07%Add +6.2%1,889,705$42.61M$22.55No quote
27CVECenovus Energy Inc. COM1.05%Reduce -59.2%1,252,795$41.59M$33.20No quote
28SUPSuperior Industries Int'l, Inc. COM1.00%Add +1.5%2,417,303$39.98MNo quoteNo quote
29KALUKaiser Aluminum Corp. COM PAR 0.011.00%Reduce -6.8%870,394$39.93M$45.88No quote
30FRFirst Industrial Realty Trust, Inc. COM1.00%Add +19.5%3,875,871$39.65M$10.23No quote
31LSTZALiberty Media-Starz Group LIB STAR COM A0.99%Reduce -6.5%505,614$39.46MNo quoteNo quote
32MANTMantech International Corp. COM0.99%Add +15.2%1,260,262$39.37MNo quoteNo quote
33TFXTelefex Inc. COM0.98%Add +11.3%636,906$39.04M$61.29No quote
34OSKOshkosh Corporation COM0.97%Reduce -3.5%1,814,478$38.79M$21.38No quote
35ITGInvestment Technology Group COM0.95%Reduce -17.9%3,485,122$37.67MNo quoteNo quote
36EFIIElectronics for Imaging Inc. COM0.91%Add +16.0%2,534,885$36.12MNo quoteNo quote
37GLTGlatfelter P. H. Co. COM0.91%Reduce -9.1%2,555,178$36.08MNo quoteNo quote
38CVCOCavco Industries, Inc. COM0.90%Reduce -0.9%894,021$35.81M$40.06No quote
39SEMGSemGroup Corporation CL A0.82%Add +33.4%1,257,351$32.77MNo quoteNo quote
40MTXMinerals Technologies Inc. COM0.82%Add +20.4%574,198$32.46MNo quoteNo quote
41KGCKinross Gold Corporation COM NO PAR0.81%Reduce -33.0%2,819,187$32.2M$11.42No quote
42HCCHCC Insurance Holdings COM0.78%Reduce -29.6%1,122,604$30.87M$27.50No quote
43NEMNewmont Mining Corporation COM0.75%Reduce -38.3%496,482$29.79M$60.01No quote
44GGPGeneral Growth Properties, Inc. COM0.67%Add +42.9%1,780,854$26.75MNo quoteNo quote
45AEOAmerican Eagle Outfitters COM0.66%Reduce -7.0%1,714,422$26.21M$15.29No quote
46WLKWestlake Chemical Corp. COM0.66%Add +14.6%651,174$26.2M$40.24No quote
47TPGIThomas Properties Group Inc. COM0.64%Reduce -0.5%7,667,279$25.53MNo quoteNo quote
48ICFIICF International, Inc. COM0.57%Reduce -8.4%922,856$22.87M$24.78No quote
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50PDSPrecision Drilling Corp, COM0.54%New2,078,100$21.43M$10.31No quote
51ALGAlamo Group, Inc. COM0.50%Reduce -9.3%736,115$19.82M$26.93No quote
52ACGLArch Capital Group Ltd. ORD0.49%Reduce -46.7%526,537$19.6M$37.23No quote
53WHGWestwood Holdings Group Inc. COM0.49%Reduce -1.6%533,394$19.5MNo quoteNo quote
54UNFUniFirst Corporation COM0.49%Reduce -0.3%341,199$19.36M$56.74No quote
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56TRHTransatlantic Holdings Inc. COM0.47%New344,029$18.83MNo quoteNo quote
57CCRNCross Country Healthcare Inc. COM0.47%Reduce -34.2%3,369,733$18.7M$5.55No quote
58SXTSensient Technologies Corp. COM0.46%Add +64.3%482,876$18.3MNo quoteNo quote
59PKEPark Electrochemical Corporation COM0.46%Reduce -38.0%713,884$18.29MNo quoteNo quote
60HAEHaemonetics Corporation COM0.46%Add +1017.8%296,131$18.13M$61.22No quote
61PDCPioneer Drilling Co. COM0.45%Add +48.2%1,841,207$17.82MNo quoteNo quote
62WIREEncore Wire Corporation COM0.44%Reduce -45.4%680,295$17.62MNo quoteNo quote
63TDWTidewater Inc. COM0.42%Reduce -27.0%339,631$16.74M$49.30No quote
64HVTHaverty Furniture Co. Inc. COM0.41%Reduce -24.9%1,502,318$16.5M$10.98No quote
65EMEEMCOR Group, Inc. COM0.40%New588,431$15.78M$26.81No quote
66CTOConsolidated Tomoka Land Co. COM0.35%Reduce -1.4%516,855$13.99M$27.07No quote
67YAlleghany Corp. COM0.35%New48,377$13.8MNo quoteNo quote
68MRHMontpelier Re Holdings Ltd. SHS0.35%Reduce -60.0%776,022$13.77MNo quoteNo quote
69JAKKJakks Pacific, Inc. COM0.31%Reduce -8.9%867,234$12.24MNo quoteNo quote
70BIPBrookfield Infrastructure Part. LP INT UNIT0.29%Reduce -1.0%413,805$11.46MNo quoteNo quote
71WFRMEMC Electronic Materials, Inc. COM0.27%Reduce -29.9%2,760,881$10.88MNo quoteNo quote
72CSWCCapital Southwest COM0.26%Reduce -1.5%126,148$10.29MNo quoteNo quote
73XECCimarex Energy Co. COM0.25%Add +14.5%158,881$9.84MNo quoteNo quote
74AROAeropostale Inc. COM0.24%Reduce -12.4%636,700$9.71MNo quoteNo quote
75IIINInsteel Industries Inc. COM0.24%Reduce -0.4%871,364$9.58M$10.99No quote
76INTCIntel Corporation COM0.23%Reduce -26.7%385,000$9.34M$24.25No quote
77STNGScorpio Tankers COM0.23%Add +16.0%1,894,128$9.26M$4.89No quote
78EXLExcel Trust, Inc. COM0.23%Add +1.6%771,590$9.26MNo quoteNo quote
79STLYStanley Furniture Company, Inc. COM0.23%Reduce -17.3%3,012,824$9.04MNo quoteNo quote
80GMGeneral Motors Co. COM0.19%-381,467$7.73M$20.27No quote
81ABHAbitibiBowater Inc. COM NEW0.19%-524,895$7.64MNo quoteNo quote
82COWNCowen group Inc CL A0.18%Add +59.3%2,799,270$7.25MNo quoteNo quote
83PVXZZZZProvident Energy Ltd COM0.17%-700,566$6.79MNo quoteNo quote
84SPYSPDR TR UNIT SER 1 ETF0.16%New50,260$6.31M$125.51No quote
85KRNYKearny Financial Corp. COM0.15%Reduce -9.2%620,214$5.89MNo quoteNo quote
86CMPCompass Minerals Int'l COM0.14%New79,876$5.5MNo quoteNo quote
87FNFGFirst Niagara Financial Group, Inc. COM0.14%Add +6.4%632,464$5.46MNo quoteNo quote
88ALCOAlico, Inc. COM0.12%Reduce -2.5%255,041$4.94MNo quoteNo quote
89TRNOTerreno Realty Corp. COM0.12%Add +25.9%315,890$4.78M$15.14No quote
90SKYSkyline Corporation COM0.09%Reduce -31.6%816,248$3.55M$4.35No quote
91FFCOFedfirst Financial Corporation COM0.08%-232,032$3.18MNo quoteNo quote
92CDRCedar Shopping Centers COM0.06%Add +14.8%534,000$2.3MNo quoteNo quote
93JJSFJ&J Snack Foods Corporation COM0.06%New42,991$2.29M$53.29No quote
94NWLINational Western Life Insurance Co. CL A0.06%Reduce -84.6%16,245$2.21MNo quoteNo quote
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98BPOBrookfield Properties COM0.01%-37,550$587KNo quoteNo quote
99FPOFirst Potomac Realty Trust COM0.01%-44,300$578KNo quoteNo quote
100SNYSanofi- Aventis SPON ADR0.01%Reduce -27.9%15,155$554K$36.56No quote
101MDCMDC Holdings Inc. COM0.01%Reduce -89.3%25,411$448KNo quoteNo quote
102PLDPrologis Inc. COM0.01%-14,180$405K$28.56No quote
103AKRAcadia Realty Trust COM SH BEN INT0.01%-19,999$403KNo quoteNo quote
104KIMKimco Realty Corp COM0.01%-22,845$371KNo quoteNo quote
105PSBPS Business Parks, Inc. COM0.01%-6,100$338KNo quoteNo quote
106FCEBForest City Enterprises Inc. CL B CONV0.01%-25,800$306KNo quoteNo quote
107SAFMSanderson Farms Inc. COM0.01%Reduce -17.3%4,920$247KNo quoteNo quote
108JOEThe St. Joe Company COM0.01%New15,900$234K$14.72No quote
109NLYAnnaly Capital Mgmtt, Inc. COM0.00%Reduce -98.1%11,600$185KNo quoteNo quote
110CMOCapstead Mortgage Corporation COM NO PAR0.00%-12,500$156KNo quoteNo quote
111CARVCarver Bancorp, Inc. COM0.00%Reduce -93.3%14,567$121KNo quoteNo quote
124UMCUnited Microelectronics Corp. SPON ADR-Sold0$0No quoteNo quote
123SNPSSynopsys Inc. COM-Sold0$0No quoteNo quote
122RYLRyland Group Inc. COM-Sold0$0No quoteNo quote
121PPDIPharmaceutical Product Dev. Inc. COM-Sold0$0No quoteNo quote
120NBRNabors Industries SHS-Sold0$0No quoteNo quote
119KSWSK-Swiss Inc. CL A-Sold0$0No quoteNo quote
118IMNImation Corp. COM-Sold0$0No quoteNo quote
117DNNDenison Mines Corp. COM-Sold0$0No quoteNo quote
116CMLSCumulus Media Inc. COM-Sold0$0No quoteNo quote
115CITCIT Group Inc. COM-Sold0$0No quoteNo quote
114JJABarclays Bank PLC ETN DJUBS AGRI37-Sold0$0No quoteNo quote
113AIGAmerican Int'l Group, Inc. COM-Sold0$0No quoteNo quote
112APSAAlto Palermo S.A. SPON ADR-Sold0$0No quoteNo quote