Third Avenue Management 13F, Q3 2024
Third Avenue Management · quarter ending 30 September 2024 · filed 14 November 2024 · SEC CIK 1099281
Common stock only: shares the fund reported owning at the quarter end, valued as filed.
Largest positions, Q3 2024
The 25 largest of 59 positions. Weights are against the whole filed book. Changes are in shares held, against the Q2 2024 filing.
| Company | Ticker | Value | % of book | vs Q2 2024 |
|---|---|---|---|---|
| Warrior Met Coal Inc. | HCC | $50.83M | 8.3% | +4% shares |
| Deutsche Bank AG | $43.05M | 7.0% | unchanged | |
| Tidewater Inc. | TDW | $34.57M | 5.7% | -6% shares |
| Comerica Inc. | CMA | $28.51M | 4.7% | unchanged |
| Lennar Corp - Class B | LEN/B | $27.98M | 4.6% | unchanged |
| Brookfield Corp. | BN | $24.17M | 4.0% | -6% shares |
| Valaris Ltd. | $24.10M | 3.9% | +3% shares | |
| CBRE Group, Inc. | CBRE | $22.78M | 3.7% | unchanged |
| U-Haul Holding Company | UHAL/B | $20.49M | 3.4% | unchanged |
| Lazard Ltd. | LAZ | $18.26M | 3.0% | -34% shares |
| Old Republic International Corp. | ORI | $18.07M | 3.0% | -38% shares |
| Prologis Inc. | PLD | $16.28M | 2.7% | unchanged |
| DR Horton Inc. | DHI | $15.02M | 2.5% | -26% shares |
| Sun Communities Inc. | SUI | $14.57M | 2.4% | unchanged |
| Jones Lang Lasalle | JLL | $14.03M | 2.3% | unchanged |
| Five Point Holdings LLC - CL A | FPH | $13.74M | 2.3% | unchanged |
| American Homes 4 Rent | AMH | $12.33M | 2.0% | unchanged |
| UMB Financial Corporation | UMBF | $11.66M | 1.9% | -26% shares |
| Weyerhaeuser Company | WY | $10.43M | 1.7% | -11% shares |
| Rayonier Inc. | RYN | $10.16M | 1.7% | unchanged |
| Hamilton Beach Brand | HBB | $9.64M | 1.6% | unchanged |
| Investors Title Co. | ITIC | $8.99M | 1.5% | unchanged |
| First Industrial Realty Trust, Inc. | FR | $8.80M | 1.4% | unchanged |
| Proassurance Corp. | $8.48M | 1.4% | unchanged | |
| Encore Capital Group Inc. | ECPG | $8.08M | 1.3% | unchanged |
What changed since Q2 2024
Against the Q2 2024 filing, Third Avenue Management opened 2 new positions, added to 4, trimmed 7, left 46 unchanged and exited 2. Every position is compared, matched on its CUSIP; a change of 2% or less in shares counts as unchanged.
Other quarters
Source: SEC Form 13F-HR, accession 0001099281-24-000011, filed by THIRD AVENUE MANAGEMENT LLC. Values are as filed and cover US-listed positions only; a 13F does not show short positions or holdings outside the US. A 13F may be filed up to 45 days after the quarter ends, so the fund may have traded since. Educational information, not financial advice.