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Focused investors/Third Avenue Management

Third Avenue Management

As of Q1 2026, Third Avenue Management reported 53 long-equity positions worth $616.04M in aggregate.

Copy-investor backtest

Latest quarter
+2.23%
1-year
+36.84%
3-year
+90.12%
3-year top 5
+140.93%

Return from mechanically copying the disclosed 13F equity portfolio after each filing and rebalancing at the next. Method & limitations.

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

Live quotes available for 41 of 59 rows. Rows without a quote are marked unavailable.

1TDWTidewater Inc.11.61%Reduce -13.7%1,810,925$66.73M$36.8552w: $10.70 - $37.14; reported $36.85
2HCCWarrior Met Coal Inc.7.68%Reduce -7.2%1,274,614$44.15M$34.6452w: $24.72 - $42.95; reported $34.64
3DBDeutsche Bank AG-Registered5.68%New2,888,365$32.64M$11.3052w: $7.25 - $16.70; reported $11.30
4LEN/BLennar Corp - Class BCUSIP 5260573024.27%Reduce -16.6%328,008$24.53MNo quoteNo quote
5CMAComerica Inc.3.53%Reduce -0.0%303,446$20.29MNo quoteNo quote
6VALValaris Ltd.3.53%Reduce -7.3%299,935$20.28M$67.6252w: $36.17 - $70.17; reported $67.62
7ORIOld Republic International Corp.3.52%Reduce -0.1%837,681$20.23M$24.1552w: $20.27 - $27.19; reported $24.15
8PLDPrologis Inc.3.35%Reduce -3.5%170,864$19.26M$112.7352w: $98.03 - $174.54; reported $112.73
9DHIDR Horton Inc.3.26%Reduce -6.1%210,497$18.76M$89.1452w: $59.25 - $108.64; reported $89.14
10UHAL/BU-Haul Holding CompanyCUSIP 0235865062.99%New312,444$17.18MNo quoteNo quote
11IVTInventrust Properties Corp.2.85%Reduce -4.5%692,220$16.38MNo quoteNo quote
12BNBrookfield Corp2.85%New520,642$16.38M$31.4652w: $19.90 - $33.67; reported $31.46
13LAZLazard Ltd.2.75%Reduce -1.0%456,286$15.82M$34.6752w: $30.21 - $46.74; reported $34.67
14WYWeyerhaeuser Company2.69%Reduce -5.7%498,725$15.46M$31.0052w: $27.37 - $43.04; reported $31.00
15RYNRayonier Inc.2.63%Reduce -8.5%457,950$15.09M$32.9652w: $29.51 - $45.87; reported $32.96
16CBRECBRE Group, Inc.2.42%Reduce -0.0%180,742$13.91M$76.9652w: $66.31 - $111.00; reported $76.96
17AMHAmerican Homes 4 Rent2.17%Reduce -3.3%413,163$12.45M$30.1452w: $29.31 - $43.89; reported $30.14
18LOWLowe's Companies Inc.2.15%Reduce -18.0%62,159$12.38M$199.2452w: $170.12 - $260.83; reported $199.24
19FPHFive Point Holdings LLC - CL A1.90%Reduce -13.5%4,679,003$10.9M$2.3352w: $1.88 - $6.90; reported $2.33
20UMBFUMB Financial Corporation1.87%-128,952$10.77M$83.5252w: $76.97 - $112.24; reported $83.52
21MYRGMYR Group Inc.1.62%-101,187$9.32M$92.0752w: $74.77 - $112.11; reported $92.07
22SEBSeaboard Corp.1.53%-2,336$8.82M$3775.2152w: $3295.00 - $4394.25; reported $3775.21
23WASHWashington Trust Bancorp.1.50%-182,745$8.62MNo quoteNo quote
24FRFirst Industrial Realty Trust, Inc.1.32%Reduce -3.5%157,452$7.6M$48.2652w: $42.91 - $66.32; reported $48.26
25SBSISouthside Bancshares Inc.1.31%Add +33.3%209,426$7.54M$35.9952w: $31.18 - $44.75; reported $35.99
26PBProsperity Bancshares Inc.1.29%-101,965$7.41M$72.6852w: $64.69 - $80.46; reported $72.68
27HBBHamilton Beach Brand1.23%-570,298$7.07MNo quoteNo quote
28FRPHFRP Holdings Inc.1.19%Reduce -1.7%126,671$6.82M$53.8652w: $26.54 - $31.76; reported $53.86
29FNFFNF Group1.17%Reduce -14.2%1.04:1 split178,625$6.72M$37.6252w: $32.00 - $52.33; reported $37.62
30HAHawaiian Holdings Inc.1.15%Reduce -28.3%645,702$6.62MNo quoteNo quote
31PRAProassurance Corp.1.15%Add +12.5%379,043$6.62M$17.4752w: $16.90 - $27.55; reported $17.47
32ICFIICF International, Inc.1.10%-63,802$6.32M$99.0552w: $84.68 - $121.28; reported $99.05
33TPHTri Pointe Group Inc.1.07%Add +7.4%330,178$6.14M$18.5952w: $14.59 - $28.09; reported $18.59
34ECPGEncore Capital Group Inc.1.00%New119,531$5.73M$47.9452w: $44.06 - $72.73; reported $47.94
35BATRALiberty Media Corp. - Braves A0.99%-174,128$5.69M$32.6752w: $24.50 - $34.54; reported $32.67
36KALUKaiser Aluminum Corp.0.85%-64,315$4.89M$75.9652w: $59.24 - $107.41; reported $75.96
37EMEEMCOR Group, Inc.0.84%Reduce -28.8%32,597$4.83MNo quoteNo quote
38ALGAlamo Group, Inc.0.79%-31,880$4.51M$141.6052w: $108.35 - $160.71; reported $141.60
39TPHSTrinity Place Holdings0.66%Reduce -3.5%5,127,785$3.79MNo quoteNo quote
40BAMBrookfield Asset Managmt Ltd0.65%New130,159$3.73M$28.6752w: $26.76 - $36.50; reported $28.67
41CETCentral Securities Corporation0.65%-111,210$3.71M$33.3952w: $33.01 - $44.86; reported $33.39
42CCFChase Corp.0.60%-40,292$3.48MNo quoteNo quote
43FIXComfort Systems USA Inc.0.58%Reduce -31.8%28,902$3.33M$115.0852w: $74.14 - $128.68; reported $115.08
44UNFUniFirst Corporation0.50%-14,942$2.88M$192.9952w: $154.72 - $214.66; reported $192.99
45SPHRMadison Square Garden Entertainment0.50%Reduce -23.6%63,558$2.86M$44.9752w: $18.00 - $39.06; reported $44.97
46STRSStratus Properties Inc.0.20%Reduce -20.8%60,245$1.16MNo quoteNo quote
47ROICRetail Opportunity Investments Corp.0.20%-75,000$1.13MNo quoteNo quote
48CTOCTO Realty Growth, Inc.0.18%-57,879$1.06M$18.2852w: $17.18 - $23.07; reported $18.28
49PCHPotlatchdeltic Corp.0.15%-20,000$879.8KNo quoteNo quote
50RMRThe RMR Group Inc.0.13%-26,000$734.5KNo quoteNo quote
51STCStewart Information Services Corp.0.13%-17,000$726.41K$42.7352w: $35.96 - $81.00; reported $42.73
52URTHIshares Inc0.05%New2,631$287.44K$109.2552w: $97.44 - $136.69; reported $109.25
53GRBKGreen Brick Partners0.02%-5,000$121.15K$24.2352w: $16.80 - $30.86; reported $24.23
54UHALAmerco0.02%Reduce -99.6%10:1 split1,508$90.77K$60.1952w: $44.79 - $73.16; reported $60.19
55SUPNSupernus Pharmaceuticals, Inc.0.02%-2,460$87.75K$35.6752w: $24.95 - $38.40; reported $35.67
59WHLRDWheeler REIT Series D Preferred Stock-Sold0$0No quoteNo quote
58CALMCal-Maine Foods, Inc.-Sold0$0No quoteNo quote
57BAMBrookfield Asset Mgmt. CL A-Sold0$0No quoteNo quote
56BSIGBrightsphere Investment Group-Sold0$0No quoteNo quote