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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 2026-05-10 from SEC 13F data.

Live quotes available for 46 of 59 rows. Rows without a quote are marked unavailable.

1TDWTidewater Inc.10.05%Reduce -21.2%1,098,599$60.91M$55.4452w: $17.51 - $55.76; reported $55.44
2HCCWarrior Met Coal Inc.8.64%Add +0.1%1,344,911$52.38M$38.9552w: $26.11 - $42.95; reported $38.95
3DBDeutsche Bank AG5.28%Add +1.2%3,048,570$31.99M$10.4952w: $7.25 - $13.57; reported $10.49
4VALValaris Ltd.4.36%Add +35.7%419,726$26.41M$62.9352w: $37.17 - $80.00; reported $62.93
5CMAComerica Inc.4.02%Add +19.7%574,906$24.35MNo quoteNo quote
6LEN-BLennar Corp - Class B3.98%Reduce -22.0%213,368$24.11M$112.9852w: $54.14 - $108.90; reported $112.98
7ORIOld Republic International Corp.3.47%Add +0.2%836,331$21.05M$25.1752w: $20.27 - $26.72; reported $25.17
8DHIDR Horton Inc.3.33%Reduce -16.9%165,678$20.16M$121.6952w: $66.01 - $124.05; reported $121.69
9PLDPrologis Inc.3.05%Reduce -10.5%150,531$18.46M$122.6352w: $98.03 - $138.86; reported $122.63
10LAZLazard Ltd.2.91%Add +0.4%550,206$17.61M$32.0052w: $27.71 - $43.44; reported $32.00
11BNBrookfield Corp.2.89%Reduce -0.0%521,123$17.54M$33.6552w: $18.83 - $29.15; reported $33.65
12HAHawaiian Holdings Inc.2.78%Add +0.4%1,562,125$16.82MNo quoteNo quote
13WYWeyerhaeuser Company2.68%Reduce -0.0%485,242$16.26M$33.5152w: $27.37 - $37.37; reported $33.51
14UHAL-BU-Haul Holding Company2.61%Reduce -0.0%312,421$15.83M$50.6752w: $43.62 - $68.29; reported $50.67
15CBRECBRE Group, Inc.2.41%Reduce -0.0%181,189$14.62M$80.7152w: $66.31 - $89.58; reported $80.71
16RYNRayonier Inc.2.31%Reduce -0.0%446,208$14.01M$31.4052w: $27.81 - $38.47; reported $31.40
17LOWLowe's Companies Inc.2.13%Reduce -8.2%57,096$12.89M$225.7052w: $174.48 - $226.49; reported $225.70
18AMHAmerican Homes 4 Rent2.08%-355,823$12.61M$35.4552w: $28.79 - $38.94; reported $35.45
19JLLJones Lang Lasalle1.91%Add +45.2%74,378$11.59M$155.8052w: $123.00 - $191.79; reported $155.80
20MYRGMYR Group Inc.1.85%Reduce -7.2%80,885$11.19M$138.3452w: $76.97 - $140.14; reported $138.34
21FPHFive Point Holdings LLC - CL A1.79%Reduce -0.0%3,751,240$10.84M$2.8952w: $1.88 - $4.56; reported $2.89
22IVTInventrust Properties Corp.1.65%Reduce -20.3%432,819$10.02MNo quoteNo quote
23UMBFUMB Financial Corporation1.50%Reduce -0.1%149,284$9.09M$60.9052w: $50.68 - $99.19; reported $60.90
24FRFirst Industrial Realty Trust, Inc.1.37%-158,010$8.32M$52.6452w: $42.91 - $55.88; reported $52.64
25SEBSeaboard Corp.1.37%Reduce -0.1%2,333$8.31M$3560.7252w: $3295.00 - $4242.95; reported $3560.72
26FRPHFRP Holdings Inc.1.20%Reduce -0.1%126,489$7.28M$57.5752w: $26.23 - $31.76; reported $57.57
27ICFIICF International, Inc.1.19%Reduce -9.4%57,779$7.19M$124.3952w: $89.60 - $128.70; reported $124.39
28ECPGEncore Capital Group Inc.1.16%Add +9.1%144,955$7.05M$48.6252w: $42.50 - $72.73; reported $48.62
29KALUKaiser Aluminum Corp.1.14%Add +50.4%96,721$6.93M$71.6452w: $56.79 - $97.58; reported $71.64
30BATRALiberty Media Corp. - Braves A1.11%Reduce -5.6%164,438$6.73M$40.9252w: $25.05 - $41.75; reported $40.92
31PRAProassurance Corp.1.10%Reduce -0.1%443,510$6.69M$15.0952w: $11.87 - $24.50; reported $15.09
32ALGAlamo Group, Inc.0.97%-31,880$5.86M$183.9152w: $110.98 - $186.76; reported $183.91
33PBProsperity Bancshares Inc.0.95%-101,965$5.76M$56.4852w: $55.12 - $78.76; reported $56.48
34HBBHamilton Beach Brand0.91%Reduce -0.2%569,404$5.5MNo quoteNo quote
35SBSISouthside Bancshares Inc.0.90%-209,426$5.48M$26.1652w: $25.44 - $42.01; reported $26.16
36WASHWashington Trust Bancorp.0.90%Reduce -0.1%204,152$5.47MNo quoteNo quote
37TPHTri Pointe Group Inc.0.85%Reduce -39.9%155,997$5.13M$32.8652w: $14.59 - $33.56; reported $32.86
38CCFChase Corp.0.80%Reduce -0.3%40,192$4.87MNo quoteNo quote
39FNFFNF Group0.72%-121,428$4.37M$36.0052w: $30.70 - $43.89; reported $36.00
40BAMBrookfield Asset Mgmt. CL A0.70%-130,646$4.26M$32.6352w: $26.76 - $36.50; reported $32.63
41FIXComfort Systems USA Inc.0.70%Reduce -11.1%25,704$4.22M$164.2052w: $81.77 - $167.53; reported $164.20
42CETCentral Securities Corporation0.67%-111,210$4.06M$36.5152w: $33.01 - $38.57; reported $36.51
43SPHRMadison Square Garden Entertainment0.58%Reduce -26.8%2.165:1 split128,752$3.53M$27.3952w: $18.00 - $32.32; reported $27.39
44UNFUniFirst Corporation0.51%Add +32.8%19,837$3.07M$155.0152w: $152.84 - $205.59; reported $155.01
45TPHSTrinity Place Holdings0.46%-5,127,786$2.77MNo quoteNo quote
46SUPNSupernus Pharmaceuticals, Inc.0.33%Add +2626.1%67,062$2.02M$30.0652w: $28.16 - $42.09; reported $30.06
47SUISun Communities Inc.0.25%New11,517$1.5M$130.4652w: $117.63 - $172.67; reported $130.46
48ROICRetail Opportunity Investments Corp.0.20%Add +20.0%90,000$1.22MNo quoteNo quote
49EQCEquity Commonwealth0.18%New55,000$1.11MNo quoteNo quote
50CTOCTO Realty Growth, Inc.0.18%Add +8.8%63,000$1.08M$17.1452w: $15.70 - $23.07; reported $17.14
51PCHPotlatchdeltic Corp.0.17%-20,000$1.06MNo quoteNo quote
52ITICInvestors Title Co.0.16%New6,673$974.26K$146.0052w: $125.80 - $168.98; reported $146.00
53RMRThe RMR Group Inc.0.14%Add +42.3%37,000$857.29KNo quoteNo quote
54WSRWhitestone REIT0.13%New80,000$776K$9.7052w: $8.15 - $11.40; reported $9.70
55ELMEElme Communities0.12%New45,000$739.8KNo quoteNo quote
56STCStewart Information Services Corp.0.12%-17,000$699.38K$41.1452w: $35.96 - $55.81; reported $41.14
57GRBKGreen Brick Partners0.05%-5,000$284K$56.8052w: $19.44 - $57.53; reported $56.80
58UHALU-Haul Holding Company0.01%-1,508$83.42K$55.3252w: $45.99 - $70.57; reported $55.32
59EMEEMCOR GROUP INC-Sold0$0No quoteNo quote