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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 46 of 117 rows. Rows without a quote are marked unavailable.

1BAMBrookfield Asset Mgmt. CL A LTD VT SH8.44%Reduce -2.8%12,161,221$335.04M$27.55No quote
2PKXPosco ADR8.42%Add +0.5%4,398,137$334.3MNo quoteNo quote
3FCEAForest City Enterprises Inc. CL A5.36%Add +3.2%19,972,847$212.91MNo quoteNo quote
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5CVACovanta Holding Corporation COM3.54%-9,261,289$140.68MNo quoteNo quote
6TRCTejon Ranch Co. COM2.88%Reduce -0.5%4,785,493$114.23MNo quoteNo quote
7WYWeyerhaeuser Company COM2.77%Add +8.6%7,059,648$109.78M$15.55No quote
8TLABTellabs, Inc. COM2.76%Add +22.7%25,535,230$109.55MNo quoteNo quote
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10CVECenovus Energy Inc. COM2.37%Reduce -2.0%3,068,313$94.23M$30.71No quote
11KEYKeycorp COM2.14%Add +3.7%14,315,558$84.89M$5.93No quote
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13LUKLeucadia National Corporation COM1.87%Reduce 0.0%3,269,281$74.15MNo quoteNo quote
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20VNOVornado Realty Trust SH BEN INT1.24%Reduce -25.0%661,768$49.38M$74.62No quote
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22WTMWhite Mountains Insurance Grp COM1.20%Add +54.5%117,414$47.64M$405.75No quote
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26HCCHCC Insurance Holdings COM1.09%Add +74.5%1,595,276$43.15M$27.05No quote
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29CKHSeacor Holdings Inc. COM0.97%Add +32.1%480,402$38.53MNo quoteNo quote
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31GLTGlatfelter P. H. Co. COM0.94%Add +4.4%2,810,356$37.13MNo quoteNo quote
32LXKLexmark International Inc. CL A0.93%Add +4.5%1,364,914$36.89MNo quoteNo quote
33SUPSuperior Industries Int'l, Inc. COM0.93%Add +14.2%2,381,773$36.8MNo quoteNo quote
34BRBroadridge Financial Solutions Inc. COM0.90%Add +7.3%1,779,011$35.83M$20.14No quote
35LSTZALiberty Media-Starz Group LIB STAR COM A0.87%Add +24.9%540,871$34.38MNo quoteNo quote
36MANTMantech International Corp. COM0.87%Add +14.6%1,094,293$34.34MNo quoteNo quote
37MRHMontpelier Re Holdings Ltd. SHS0.86%Reduce -0.5%1,940,272$34.3MNo quoteNo quote
38NBRNabors Industries SHS0.86%Reduce -26.8%2,789,648$34.2M$12.26No quote
39LENLennar Corp. CL A0.83%Add +0.5%2,445,269$33.11M$13.54No quote
40SNPSSynopsys Inc. COM0.82%Reduce -4.7%1,334,191$32.5M$24.36No quote
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44OSKOshkosh Corporation COM0.75%Add +48.3%1,879,678$29.59M$15.74No quote
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46FRFirst Industrial Realty Trust, Inc. COM0.65%Add +1.0%3,244,408$25.96M$8.00No quote
47WIREEncore Wire Corporation COM0.65%Reduce -11.5%1,245,962$25.64MNo quoteNo quote
48PKEPark Electrochemical Corporation COM0.62%Add +9.1%1,151,560$24.61MNo quoteNo quote
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56WLKWestlake Chemical Corp. COM0.49%Add +2.0%568,234$19.48M$34.28No quote
57ICFIICF International, Inc. COM0.48%Add +22.4%1,007,001$18.94M$18.81No quote
58SEMGSemGroup Corporation COM0.47%New942,632$18.82MNo quoteNo quote
59WHGWestwood Holdings Group Inc. COM0.47%Add +1.3%541,784$18.72MNo quoteNo quote
60JAKKJakks Pacific, Inc. COM0.45%Reduce -39.8%951,515$18.03MNo quoteNo quote
61TPGIThomas Properties Group Inc. COM0.44%Add +1.1%7,707,179$17.57MNo quoteNo quote
62ALGAlamo Group, Inc. COM0.42%Add +2.4%811,254$16.87M$20.79No quote
63UNFUniFirst Corporation COM0.39%-342,199$15.5M$45.29No quote
64KSWSK-Swiss Inc. CL A0.39%Reduce -7.6%3,625,677$15.41MNo quoteNo quote
65GGPGeneral Growth Properties, Inc. COM0.38%New1,246,134$15.08MNo quoteNo quote
66NWLINat'l Western Life Insurance Co. CL A0.36%Reduce -29.7%105,182$14.25MNo quoteNo quote
67CTOConsolidated Tomoka Land Co. COM0.35%-524,100$13.76M$26.26No quote
68ESIOElectro Scientific Industries, Inc. COM0.30%Reduce -38.0%1,008,791$12MNo quoteNo quote
69SKYSkyline Corporation COM0.29%Reduce -0.9%1,194,189$11.41M$9.55No quote
70INTCIntel Corporation COM0.28%Reduce -8.7%525,000$11.2M$21.33No quote
71STLYStanley Furniture Company, Inc. COM0.27%Add +0.1%3,643,481$10.75MNo quoteNo quote
72BIPBrookfield Infrastructure Part. L.P. LP INT UNIT0.26%-418,000$10.17MNo quoteNo quote
73NLYAnnaly Capital Mgmt, Inc. COM0.26%Add +1.9%611,600$10.17MNo quoteNo quote
74SXTSensient Technologies Corp. COM0.24%New293,854$9.57MNo quoteNo quote
75CSWCCapital Southwest COM0.24%Add +1.4%128,048$9.48MNo quoteNo quote
76RYLRyland Group Inc. COM0.23%Add +1177.3%854,522$9.1MNo quoteNo quote
77PDCPioneer Drilling Co. COM0.22%Add +53.4%1,242,524$8.92MNo quoteNo quote
78IIINInsteel Industries Inc. COM0.22%-874,624$8.81M$10.07No quote
79STNGScorpio Tankers COM0.22%Add +35.5%1,632,548$8.62M$5.28No quote
80AIGAmerican Int'l Group, Inc. COM0.21%-383,000$8.41M$21.95No quote
81ABHAbitibiBowater Inc. COM NEW0.20%Add +31.8%524,895$7.87MNo quoteNo quote
82AROAeropostale Inc. COM0.20%New726,950$7.86MNo quoteNo quote
83XECCimarex Energy Co. COM0.19%Add +489.8%138,781$7.73MNo quoteNo quote
84GMGeneral Motors Co. COM0.19%Add +63.0%381,467$7.7M$20.18No quote
85EXLExcel Trust, Inc. COM0.18%Add +105.4%759,493$7.31MNo quoteNo quote
86KRNYKearny Financial Corp. COM0.15%-682,994$6.04MNo quoteNo quote
87PVXZZZZProvident Energy Ltd COM0.14%-700,566$5.72MNo quoteNo quote
88FNFGFirst Niagara Financial Group, Inc. COM0.14%Add +1.6%594,559$5.44MNo quoteNo quote
89ALCOAlico, Inc. COM0.13%-261,434$5.14MNo quoteNo quote
90COWNCowen group Inc COM0.12%New1,756,780$4.76MNo quoteNo quote
91MDCMDC Holdings Inc. COM0.10%Reduce -15.4%236,434$4.01MNo quoteNo quote
92FFCOFedfirst Financial Corporation COM0.08%-232,032$3.32MNo quoteNo quote
93JJABarclays Bank PLC ETN DJUBS AGRI370.08%Reduce -52.5%62,989$3.28MNo quoteNo quote
94TRNOTerreno Realty Corp. COM0.08%Add +67.3%250,990$3.22M$12.83No quote
95IMNImation Corp. COM0.05%Reduce -59.4%289,779$2.12MNo quoteNo quote
96HAEHaemonetics Corporation COM0.04%New26,492$1.55M$58.47No quote
97CITCIT Group Inc. COM0.04%-50,000$1.52MNo quoteNo quote
98CDRCedar Shopping Centers COM0.04%New465,000$1.45MNo quoteNo quote
99COPConocoPhillips COM0.03%-20,378$1.29M$63.30No quote
100IRSIrsa Inversiones Y Rep S A GDR0.02%Add +63.1%82,814$720K$8.69No quote
101SNYSanofi- Aventis SPON ADR0.02%Reduce -3.5%21,029$690K$32.81No quote
102APSAAlto Palermo S.A. SPON ADR0.02%Reduce -46.6%44,100$661KNo quoteNo quote
103DNNDenison Mines Corp. COM0.02%Reduce -68.0%588,900$633KNo quoteNo quote
104COBKColonial Financial Services COM0.01%-47,859$591KNo quoteNo quote
105FPOFirst Potomac Realty Trust COM0.01%New44,300$552KNo quoteNo quote
106BPOBrookfield Properties COM0.01%-37,550$517KNo quoteNo quote
107AKRAcadia Realty Trust COM SH BEN INT0.01%-19,999$374KNo quoteNo quote
108PLDPrologis Inc. COM0.01%New14,180$344K$24.26No quote
109KIMKimco Realty Corp COM0.01%New22,845$343KNo quoteNo quote
110PSBPS Business Parks, Inc. COM0.01%-6,100$302KNo quoteNo quote
111SAFMSanderson Farms Inc. COM0.01%Reduce -98.0%5,950$283KNo quoteNo quote
112FCEBForest City Enterprises Inc. CL B CONV0.01%-25,800$280KNo quoteNo quote
113CMOCapstead Mortgage Corporation COM NO PAR0.00%New12,500$144KNo quoteNo quote
114CMLSCumulus Media Inc. COM0.00%New38,025$108KNo quoteNo quote
115UMCUnited Microelectronics Corp. SPON ADR0.00%Reduce -36.9%48,905$93K$1.90No quote
116CARVCarver Bancorp, Inc. COM0.00%-218,500$87KNo quoteNo quote
117HKNHKN Inc. COM-Sold0$0No quoteNo quote