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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 38 of 60 rows. Rows without a quote are marked unavailable.

1FPHFive Point Holdings LLC - CL A7.28%Add +0.2%8,749,913$53.46M$6.1152w: $5.26 - $8.93; reported $6.11
2HCCWarrior Met Coal Inc.6.74%Reduce -28.6%1,332,711$49.46M$37.1152w: $15.07 - $42.95; reported $37.11
3TDWTidewater Inc.6.24%Add +1.0%2,105,930$45.78M$21.7452w: $9.75 - $22.84; reported $21.74
4PLDPrologis Inc.5.33%Reduce -3.7%242,225$39.12M$161.4852w: $105.86 - $169.93; reported $161.48
5BAMBrookfield Asset Mgmt. CL A5.25%Reduce -4.3%681,791$38.57M$56.57No quote
6LEN/BLennar Corp - Class BCUSIP 5260573024.42%Reduce -0.8%474,491$32.43MNo quoteNo quote
7RYNRayonier Inc.4.27%Reduce -0.4%762,370$31.35M$41.1252w: $32.30 - $43.45; reported $41.12
8CMAComerica Inc.4.08%Reduce -10.9%331,210$29.95MNo quoteNo quote
9WYWeyerhaeuser Company3.96%Reduce -0.8%766,619$29.06M$37.9052w: $32.65 - $43.04; reported $37.90
10UHALAmerco3.55%Add +4.4%43,678$26.07M$596.9652w: $52.39 - $76.99; reported $596.96
11IVTInventrust Properties Corp.3.54%Add +67.4%843,778$25.97MNo quoteNo quote
12HAHawaiian Holdings Inc.3.28%Add +24.2%1,220,901$24.05MNo quoteNo quote
13ORIOld Republic International Corp.2.99%Add +0.8%848,127$21.94M$25.8752w: $21.68 - $27.19; reported $25.87
14LOWLowe's Companies Inc.2.79%Reduce -12.0%101,406$20.5M$202.2052w: $182.08 - $263.31; reported $202.20
15AMHAmerican Homes 4 Rent2.72%Reduce -0.8%498,444$19.95M$40.0352w: $33.46 - $44.07; reported $40.03
16VALValaris Ltd.2.27%Add +3.5%320,736$16.67M$51.9752w: $20.25 - $53.69; reported $51.97
17CBRECBRE Group, Inc.2.04%Reduce -0.0%163,849$15M$91.5252w: $77.72 - $111.00; reported $91.52
18LAZLazard Ltd.1.74%Add +0.5%370,581$12.79M$34.5052w: $31.64 - $53.00; reported $34.50
19UMBFUMB Financial Corporation1.71%Reduce -0.4%128,952$12.53M$97.1652w: $84.21 - $112.24; reported $97.16
20TPHSTrinity Place Holdings1.69%-6,514,436$12.38MNo quoteNo quote
21FRFirst Industrial Realty Trust, Inc.1.67%Reduce -0.8%198,141$12.27M$61.9152w: $45.87 - $66.74; reported $61.91
22FNFFNF Group1.64%Reduce -0.8%246,915$12.06M$48.8452w: $37.74 - $52.33; reported $48.84
23SEBSeaboard Corp.1.34%-2,336$9.83M$4205.9152w: $3535.00 - $4400.00; reported $4205.91
24WASHWashington Trust Bancorp.1.31%-182,745$9.6MNo quoteNo quote
25MYRGMYR Group Inc.1.30%-101,187$9.52M$94.0452w: $67.89 - $121.22; reported $94.04
26FRPHFRP Holdings Inc.1.20%-152,435$8.81M$57.8052w: $23.82 - $32.50; reported $57.80
27PRAProassurance Corp.1.09%-297,038$7.99M$26.8852w: $20.00 - $28.25; reported $26.88
28ICFIICF International, Inc.1.07%-83,673$7.88M$94.1452w: $84.68 - $108.23; reported $94.14
29PBProsperity Bancshares Inc.1.02%-107,928$7.49M$69.3952w: $64.40 - $80.46; reported $69.39
30HBBHamilton Beach Brand0.97%Add +87.7%610,367$7.1MNo quoteNo quote
31JBGSJBG Smith Properties0.95%Reduce -29.5%239,262$6.99MNo quoteNo quote
32SBSISouthside Bancshares Inc.0.91%-164,220$6.71M$40.8452w: $34.52 - $45.36; reported $40.84
33STRSStratus Properties Inc.0.84%-142,835$6.15MNo quoteNo quote
34SPHRMadison Square Garden Entertainment0.77%-68,045$5.67M$83.3152w: $27.83 - $44.34; reported $83.31
35EMEEMCOR Group, Inc.0.70%-45,788$5.16MNo quoteNo quote
36BATRALiberty Media Corp. - Braves A0.68%-174,128$5.01M$28.7852w: $24.75 - $32.69; reported $28.78
37KALUKaiser Aluminum Corp.0.67%-52,160$4.91M$94.1752w: $85.05 - $141.07; reported $94.17
38CETCentral Securities Corporation0.63%-111,210$4.6M$41.3952w: $37.70 - $45.14; reported $41.39
39ALGAlamo Group, Inc.0.62%-31,880$4.59M$143.8252w: $131.35 - $165.98; reported $143.82
40TPHTri Pointe Group Inc.0.53%-195,155$3.92M$20.0852w: $18.91 - $28.29; reported $20.08
41FIXComfort Systems USA Inc.0.51%Reduce -19.1%42,400$3.78M$89.0352w: $67.91 - $103.74; reported $89.03
42CALMCal-Maine Foods, Inc.0.50%Reduce -52.7%66,044$3.65M$55.2252w: $33.85 - $57.00; reported $55.22
43VCVisteon Corp.0.47%-31,848$3.48MNo quoteNo quote
44BSIGBrightsphere Investment Group0.46%Add +46.5%137,908$3.35MNo quoteNo quote
45CTTCatchmark Timber Trust Inc.0.45%Add +359.1%406,444$3.33MNo quoteNo quote
46UNFUniFirst Corporation0.38%-14,942$2.75M$184.3152w: $165.52 - $242.80; reported $184.31
47DORMDorman Products, Inc.0.34%-26,078$2.48M$95.0652w: $88.44 - $122.96; reported $95.06
48ROICRetail Opportunity Investments Corp.0.20%-75,000$1.46MNo quoteNo quote
49CTOCTO Realty Growth, Inc.0.17%-19,293$1.28M$66.3552w: $16.49 - $22.38; reported $66.35
50NXRTNexPoint Residential Trust, Inc.0.16%-13,000$1.18MNo quoteNo quote
51PCHPotlatchdeltic Corp.0.14%-20,000$1.06MNo quoteNo quote
52STCStewart Information Services Corp.0.14%-17,000$1.03M$60.6552w: $52.03 - $81.00; reported $60.65
53RMRThe RMR Group Inc.0.10%-23,000$716KNo quoteNo quote
54WHLRDWheeler REIT Series D Preferred Stock0.05%Add +100.0%24,000$346KNo quoteNo quote
55GRBKGreen Brick Partners0.04%-16,000$317K$19.8152w: $19.70 - $32.25; reported $19.81
56DHIDR Horton Inc.0.03%New3,028$226K$74.6452w: $74.47 - $110.45; reported $74.64
57WHLRPWheeler REIT Series B Convertible Preferred Stock0.02%Add +125.0%27,000$180KNo quoteNo quote
58WHLRWheeler Real Estate Investment Trust0.01%-40,000$92KNo quoteNo quote
60APTSPreferred Apartment Communities-Sold0$0No quoteNo quote
59ESSEssex Property Trust, Inc.-Sold0$0No quoteNo quote