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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.
1-<nameOfIssuer>Capital OneCUSIP FINANCIAL100.00%New0$2.02K
140ZIONZions Bancorporation-Sold0$0
139WKCWorld Fuel Services Corp-Sold0$0
138WTMWhite Mtns Insur. Grp-Sold0$0
137WYWeyerhaeuser Co.-Sold0$0
136WLKWestlake Chemical Corp.-Sold0$0
135MHYWestern Asset Mgd Hi Inc Fd-Sold0$0
134HYIWestern Asset Hi Yld Def Opp Fd-Sold0$0
133WFCWSWells Fargo & Co.-Sold0$0
132WFCWells Fargo & Co.-Sold0$0
131WCICWCI Communities Inc.-Sold0$0
130VOYAVoya Financial Inc-Sold0$0
129VNOVornado Realty Trust-Sold0$0
128VVIViad Corp.-Sold0$0
127WOOFVCA Antech Inc.-Sold0$0
126VMIValmont Industries-Sold0$0
125VLYValley National Bancorp-Sold0$0
124MTNVail Resorts Inc.-Sold0$0
123UNFUniFirst Corp.-Sold0$0
122UMBFUMB Financial Corp.-Sold0$0
121UCPUCP Inc.-Sold0$0
120TTETotal Fina ELF S A-Sold0$0
119TTEKTetra Tech, Inc.-Sold0$0
118TRNOTerreno Realty Corp.-Sold0$0
117TFXTelefex Inc.-Sold0$0
116TRCWSTejon Ranch Co.-Sold0$0
115TRCTejon Ranch Co.-Sold0$0
114TGTTarget Corporation-Sold0$0
113SKTTanger Factory Out. Ctrs, Inc.-Sold0$0
112SYNTSyntel, Inc.-Sold0$0
111SYMCSymantec Corp.-Sold0$0
110SXCSuncoke Energy Inc.-Sold0$0
109SCLStepan Co.-Sold0$0
108SWAYStarwood Waypoint Residential-Sold0$0
107SMPStandard Motor Products, Inc.-Sold0$0
106SBSAASpanish Broadcasting System, Inc-Sold0$0
105SEMGSemGroup Corp.-Sold0$0
104CKHSeacor Holdings Inc.-Sold0$0
103SNYSanofi-Aventis-Sold0$0
102RSTIRofin-Sinar Tech Inc.-Sold0$0
101RRXRegal-Beloit Corp.-Sold0$0
100HOUSRealogy Holdings Corp.-Sold0$0
99RYNRayonier Inc.-Sold0$0
98ROIAKRadio One Inc-Sold0$0
97PSBPS Business Parks, Inc.-Sold0$0
96PBProsperity Bancshares Inc.-Sold0$0
95PLDPrologis Inc.-Sold0$0
94PRGSProgress Software Corp.-Sold0$0
93POWLPowell Industries, Inc.-Sold0$0
92PPSPost Pptys Inc.-Sold0$0
91PKXPosco ADR-Sold0$0
90PNCPNC Financial Corp.-Sold0$0
89PNCWSPNC Fin'l Serv. Gp-Sold0$0
88PNKPinnacle Entertainment Inc.-Sold0$0
87PDCOPatterson Co. Inc-Sold0$0
86NVDANVIDIA Corp.-Sold0$0
85HYBNew America Hi Inc Fd, Inc-Sold0$0
84NHSNeuberger Berman Hgh Yld Fd-Sold0$0
83NAVINavient Corp.-Sold0$0
82LABLMulti-Color Corp.-Sold0$0
81MSGMadison Sq. Garden Inc.-Sold0$0
80LXULSB Industries Inc.-Sold0$0
79LOWLowe's Companies Inc.-Sold0$0
78LLoews Corporation-Sold0$0
77LUKLeucadia National Corp.-Sold0$0
76LMLegg Mason Inc.-Sold0$0
75KIMKimco Realty Corp-Sold0$0
74KEYKeycorp-Sold0$0
73KALUKaiser Aluminum Corp.-Sold0$0
72ISLEIsle of Capri Casinos Inc.-Sold0$0
71NSITInsight Enterprises, Inc.-Sold0$0
70IMIngram Micro Inc.-Sold0$0
69IDPKIndependence Bank-Sold0$0
68ICFIICF International, Inc.-Sold0$0
67HHyatt Hotels Corp.-Sold0$0
66HTHersha Hospitality Trust-Sold0$0
65HCCHCC Insurance Holdings-Sold0$0
64GLTGlatfelter P. H. Co.-Sold0$0
63GGenpact Ltd.-Sold0$0
62GMGeneral Motors Co.-Sold0$0
61FCNFTI Consulting Inc.-Sold0$0
60FORForestar Group Inc.-Sold0$0
59FSTForest Oil Corp.-Sold0$0
58FCEAForest City Enter. Inc.-Sold0$0
57FSDFirst Trust Hi Inc Long/Sht Fd-Sold0$0
56FRFirst Industrial Realty Tr, Inc.-Sold0$0
55EXLSExlService Holdings Inc.-Sold0$0
54EXLExcel Trust, Inc.-Sold0$0
53ERAERA Group Inc.-Sold0$0
52EQCEquity Commonwealth-Sold0$0
51ENSEnerSys-Sold0$0
50WIREEncore Wire Corp.-Sold0$0
49ECAEncana Corporation-Sold0$0
48EMEEMCOR Group, Inc.-Sold0$0
47DSTDST Sys Inc.-Sold0$0
46DVNDevon Energy Corp.-Sold0$0
45DHGDeutsche Hi Inc Opp Fd-Sold0$0
44DARDarling International Inc.-Sold0$0
43CFRCullen Frost Bankers, Inc.-Sold0$0
42CUBCubic, Corp.-Sold0$0
41CSTCST Brands, Inc-Sold0$0
40CSGSCSG Systems International, Inc.-Sold0$0
39CVACovanta Holding Corp.-Sold0$0
38CTBCooper Tire & Rubber Co.-Sold0$0
37CBSHCommerce Bancshares, Inc-Sold0$0
36CMAWSComerica Inc.-Sold0$0
35CMAComerica Inc.-Sold0$0
34CLHClean Harbors Inc.-Sold0$0
33CYNCity National Corp.-Sold0$0
32CCSCentury Communities Inc.-Sold0$0
31CDRCedar Shopping Centers Inc.-Sold0$0
30CBSCBS Corp.-Sold0$0
29CVCOCavco Industries, Inc.-Sold0$0
28CMOCapstead Mortgage Corp.-Sold0$0
27CSWCCapital Southwest-Sold0$0
26COFWSCapital One Financial-Sold0$0
25BAMBrookfield Asset Mgmt.-Sold0$0
24BKDBrookdale Sr Living Inc.-Sold0$0
23BRBroadridge Financial Sol. Inc.-Sold0$0
22BRSBristow Group Inc.-Sold0$0
21BTZBlackRock Credit Allctn Inc Tr-Sold0$0
20HYTBlackRock Corp Hi Yld Fd VI-Sold0$0
19BBarnes Group Inc.-Sold0$0
18BKBank of NY Mellon Corp.-Sold0$0
17ARDCAres Dynamic Cr Allocation Fd, Inc.-Sold0$0
16ARCOArcos Dorados Holdings, Inc.-Sold0$0
15ACGLArch Capital Group Ltd.-Sold0$0
14APAApache Corp.-Sold0$0
13NLYAnnaly Capital Mgmt, Inc.-Sold0$0
12AXEAnixter International Inc.-Sold0$0
11AIGAmerican Intl Group, Inc.-Sold0$0
10ALLYAlly Financial Inc.-Sold0$0
9MDRXAllscripts Healthcare Sol., Inc.-Sold0$0
8YAlleghany Corp.-Sold0$0
7ALCOAlico, Inc.-Sold0$0
6ALGAlamo Group, Inc.-Sold0$0
5AGCOAGCO Corp-Sold0$0
4ATUActuant Corp.-Sold0$0
3AKRAcadia Realty Trust-Sold0$0
2ABMABM Industries Inc-Sold0$0