Third Avenue Management 13F, Q1 2026
Third Avenue Management · quarter ending 31 March 2026 · filed 13 May 2026 · SEC CIK 1099281
Common stock only: shares the fund reported owning at the quarter end, valued as filed.
Largest positions, Q1 2026
The 25 largest of 53 positions. Weights are against the whole filed book. Changes are in shares held, against the Q4 2025 filing.
| Company | Ticker | Value | % of book | vs Q4 2025 |
|---|---|---|---|---|
| Tidewater Inc. | TDW | $76.96M | 12.5% | +6% shares |
| Valaris Ltd. | $49.82M | 8.1% | -13% shares | |
| Boise Cascade Company | BCC | $42.63M | 6.9% | +31% shares |
| Warrior Met Coal Inc. | HCC | $33.91M | 5.5% | -38% shares |
| Harley-Davidson Inc | HOG | $29.58M | 4.8% | new |
| Robert Half, Inc. | RHI | $22.96M | 3.7% | new |
| Brookfield Corp. | BN | $19.49M | 3.2% | -12% shares |
| Five Point Holdings LLC - CL A | FPH | $18.69M | 3.0% | -6% shares |
| CBRE Group, Inc. | CBRE | $18.47M | 3.0% | -7% shares |
| Prologis Inc. | PLD | $16.65M | 2.7% | -13% shares |
| Rogers Corp. | ROG | $16.21M | 2.6% | -24% shares |
| U-Haul Holding Company | UHAL/B | $12.70M | 2.1% | +10% shares |
| Lennar Corp - Class B | LEN/B | $12.02M | 1.9% | -4% shares |
| Sun Communities Inc. | SUI | $11.52M | 1.9% | -6% shares |
| PulteGroup Inc. | PHM | $11.19M | 1.8% | -6% shares |
| DR Horton Inc. | DHI | $10.13M | 1.6% | -6% shares |
| Encore Capital Group Inc. | ECPG | $9.99M | 1.6% | -17% shares |
| Jones Lang Lasalle | JLL | $9.86M | 1.6% | -6% shares |
| FNF Group | FNF | $8.97M | 1.5% | -6% shares |
| UMB Financial Corporation | UMBF | $8.83M | 1.4% | unchanged |
| MYR Group Inc. | MYRG | $8.14M | 1.3% | -19% shares |
| Supernus Pharmaceuticals, Inc. | SUPN | $7.89M | 1.3% | -19% shares |
| Atlanta Braves Holdings Inc - A | BATRA | $7.75M | 1.3% | unchanged |
| Champion Homes, Inc. | SKY | $7.49M | 1.2% | -5% shares |
| American Homes 4 Rent | AMH | $7.33M | 1.2% | -6% shares |
What changed since Q4 2025
Against the Q4 2025 filing, Third Avenue Management opened 6 new positions, added to 9, trimmed 25, left 13 unchanged and exited 4. 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 0001099281-26-000005, 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.