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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 43 of 112 rows. Rows without a quote are marked unavailable.

1PKXPosco ADR9.67%Add +0.1%4,377,987$475.54MNo quoteNo quote
2BAMBrookfield Asset Mgmt. CL A LTD VT SH8.44%Reduce -9.4%12,513,186$415.06M$33.17No quote
3FCEAForest City Enterprises Inc. CL A7.35%Reduce -0.6%19,351,449$361.29MNo quoteNo quote
4BKBank of New York Mellon Corp. COM5.11%Reduce -1.0%9,808,818$251.3M$25.62No quote
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8WYWeyerhaeuser Co. COM2.89%Add +0.9%6,499,140$142.07M$21.86No quote
9CVECenovus Energy Inc. COM2.40%Reduce -3.4%3,131,860$117.95M$37.66No quote
10KEYKeycorp COM2.34%Add +5.7%13,803,063$114.98M$8.33No quote
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15AVXAVX Corporation COM1.81%Reduce -2.3%5,850,844$89.17MNo quoteNo quote
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17BRSBristow Group Inc. COM1.63%Add +3.9%1,568,285$80.01MNo quoteNo quote
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33BRBroadridge Financial Solutions ICOM0.81%Add +83.3%1,658,331$39.73M$23.96No quote
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37FRFirst Industrial Realty Trust, ICOM0.75%Reduce -0.9%3,212,033$36.78M$11.45No quote
38OSKOshkosh Corporation COM0.75%New1,267,685$36.69M$28.94No quote
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40CKHSeacor Holdings Inc. COM0.74%Add +175.1%363,690$36.35MNo quoteNo quote
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60LOWLowe's Companies Inc. COM0.42%New888,400$20.71M$23.31No quote
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66CTOConsolidated Tomoka Land Co. COM0.30%-524,100$14.99M$28.60No quote
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72AIGAmerican International Group, InCOM0.23%New383,000$11.23M$29.32No quote
73IIINInsteel Industries Inc. COM0.22%-874,624$10.97M$12.54No quote
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75BIPBrookfield Infrastructure PartneLP INT UNIT0.21%-418,000$10.47MNo quoteNo quote
76ABHAbitibiBowater Inc. NEW COM NEW0.16%-398,305$8.09MNo quoteNo quote
77TFXTelefex Inc. COM0.16%New129,781$7.92M$61.06No quote
78FNFGFirst Niagara Financial Group, ICOM0.16%Add +2716.2%585,059$7.72MNo quoteNo quote
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80GMGeneral Motors Co. COM0.14%Add +40.4%233,967$7.1M$30.36No quote
81MDCMDC Holdings Inc. COM0.14%Reduce -10.3%279,334$6.88MNo quoteNo quote
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86EXLExcel Trust, Inc. COM0.08%Add +2912.7%369,688$4.08MNo quoteNo quote
87DNNDenison Mines Corp. COM0.07%-1,838,700$3.51MNo quoteNo quote
88FFCOFedfirst Financial Corporation COM0.07%-232,032$3.46MNo quoteNo quote
89TRNOTerreno Realty Corp. COM0.05%Add +50.0%150,000$2.55M$17.01No quote
90CITCIT Group Inc. COM NEW0.04%-50,000$2.21MNo quoteNo quote
91XECCimarex Energy Co. COM0.04%Reduce -17.3%23,531$2.12MNo quoteNo quote
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100AKRAcadia Realty Trust COM SH BEN INT0.01%-19,999$407KNo quoteNo quote
101PSBPS Business Parks, Inc. COM0.01%-6,100$336KNo quoteNo quote
102UMCUnited Microelectronics Corp. SPON ADR0.00%Reduce -45.6%77,505$198K$2.55No quote
103HKNHKN Inc. COM0.00%Add +74.8%82,993$189KNo quoteNo quote
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110NALNewAlliance Bancshares, Inc. COM-Sold0$0No quoteNo quote
109ICOInternational Coal Group Inc. COM-Sold0$0No quoteNo quote
108HRLYHerley Industries, Inc. COM-Sold0$0No quoteNo quote
107GGPGeneral Growth Properties, Inc. COM-Sold0$0No quoteNo quote
106BRNCBronco Drilling Co. Inc. COM-Sold0$0No quoteNo quote
105BKUBank United Co. COM-Sold0$0No quoteNo quote