Q3 2025 · 13F-HR
THIRD AVENUE MANAGEMENT LLCholdings as filed
Filed 2025-11-14 · accession 0001099281-25-000017
$532.7M
Reported value
50
Positions
2025-09-30
Period end
The Brief · THIRD AVENUE MANAGEMENT LLC · Q3 2025
AI · grounded in 13F
THIRD AVENUE MANAGEMENT LLC established a new position in Tidewater Inc. TDW worth $47.9M. The fund also initiated new stakes in Warrior Met Coal Inc. HCC for $42.3M and Valaris Ltd. VAL for $30M. Other new additions include Brookfield Corp. BN and Five Point Holdings LLC - CL A FPH.
Holdings as filed
| CUSIP | Ticker | Issuer | Value | % port. | Shares | Class | Voting |
|---|---|---|---|---|---|---|---|
| 88642R109 | TDW | Tidewater Inc. | $47.9M | 9.00% | 874,667 | Common | SOLE |
| 93627C101 | HCC | Warrior Met Coal Inc. | $42.3M | 7.94% | 641,916 | Common | SOLE |
| G9460G101 | VAL | Valaris Ltd. | $30.0M | 5.63% | 585,602 | Common | SOLE |
| 11271J107 | BN | Brookfield Corp. | $25.7M | 4.82% | 378,249 | Common | SOLE |
| 33833Q106 | FPH | Five Point Holdings LLC - CL A | $25.2M | 4.73% | 4,113,917 | Common | SOLE |
| 12504L109 | CBRE | CBRE Group, Inc. | $24.2M | 4.55% | 154,672 | Common | SOLE |
| 09739D100 | BCC | Boise Cascade Company | $21.2M | 3.98% | 273,705 | Common | SOLE |
| 526057302 | LEN/B | Lennar Corp - Class B | $18.0M | 3.39% | 147,843 | Common | SOLE |
| 74340W103 | PLD | Prologis Inc. | $16.9M | 3.18% | 145,394 | Common | SOLE |
| 775133101 | ROG | Rogers Corp. | $16.3M | 3.06% | 199,368 | Common | SOLE |
| 48020Q107 | JLL | Jones Lang Lasalle | $15.3M | 2.88% | 51,619 | Common | SOLE |
| 23331A109 | DHI | DR Horton Inc. | $13.5M | 2.53% | 78,078 | Common | SOLE |
| 023586506 | UHAL/B | U-Haul Holding Company | $13.3M | 2.49% | 259,225 | Common | SOLE |
| 745867101 | PHM | PulteGroup Inc. | $13.0M | 2.44% | 96,766 | Common | SOLE |
| 866674104 | SUI | Sun Communities Inc. | $12.4M | 2.33% | 96,786 | Common | SOLE |
| 902788108 | UMBF | UMB Financial Corporation | $11.5M | 2.17% | 97,518 | Common | SOLE |
| 200340107 | CMA | Comerica Inc. | $10.8M | 2.03% | 156,314 | Common | SOLE |
| 868459108 | SUPN | Supernus Pharmaceuticals, Inc. | $9.1M | 1.71% | 189,493 | Common | SOLE |
| 74267C106 | PRA | Proassurance Corp. | $8.7M | 1.64% | 364,013 | Common | SOLE |
| 830830105 | SKY | Champion Homes, Inc. | $8.3M | 1.56% | 106,409 | Common | SOLE |
| 047726104 | BATRA | Atlanta Braves Holdings Inc - A | $7.4M | 1.39% | 164,438 | Common | SOLE |
| 55405W104 | MYRG | MYR Group Inc. | $7.2M | 1.35% | 35,554 | Common | SOLE |
| 31620R303 | FNF | FNF Group | $7.2M | 1.34% | 118,656 | Common | SOLE |
| 19459J104 | COLL | Collegium Pharmaceutical Inc. | $7.2M | 1.34% | 203,401 | Common | SOLE |
| 483007704 | KALU | Kaiser Aluminum Corp. | $7.0M | 1.32% | 89,535 | Common | SOLE |
| 292554102 | ECPG | Encore Capital Group Inc. | $6.9M | 1.30% | 171,022 | Common | SOLE |
| 743606105 | PB | Prosperity Bancshares Inc. | $6.8M | 1.28% | 102,168 | Common | SOLE |
| 02665T306 | AMH | American Homes 4 Rent | $6.3M | 1.18% | 191,066 | Common | SOLE |
| 502160104 | LXU | LSB Industries Inc. | $6.1M | 1.15% | 789,447 | Common | SOLE |
| 461804106 | ITIC | Investors Title Co. | $5.9M | 1.10% | 21,883 | Common | SOLE |
| 754907103 | RYN | Rayonier Inc. | $5.9M | 1.10% | 218,052 | Common | SOLE |
| 84470P109 | SBSI | Southside Bancshares Inc. | $5.8M | 1.09% | 209,426 | Common | SOLE |
| 32054K103 | FR | First Industrial Realty Trust, Inc. | $5.5M | 1.04% | 106,342 | Common | SOLE |
| 87265H109 | T86 | Tri Pointe Group Inc. | $5.3M | 1.00% | 155,855 | Common | SOLE |
| 155123102 | CET | Central Securities Corporation | $5.2M | 0.98% | 101,812 | Common | SOLE |
| 023139884 | OSG | Ambac Financial Group | $4.9M | 0.92% | 603,391 | Common | SOLE |
| 44925C103 | ICFI | ICF International, Inc. | $4.4M | 0.83% | 47,024 | Common | SOLE |
| 904708104 | UNF | UniFirst Corporation | $4.3M | 0.81% | 25,929 | Common | SOLE |
| 30292L107 | FRPH | FRP Holdings Inc. | $4.3M | 0.81% | 178,530 | Common | SOLE |
| 95082P105 | WCC | Wesco International | $4.3M | 0.80% | 20,093 | Common | SOLE |
| 962166104 | WY | Weyerhaeuser Company | $4.0M | 0.76% | 161,920 | Common | SOLE |
| 69318G106 | PBF | PBF Energy Inc. | $3.9M | 0.74% | 131,050 | Common | SOLE |
| 138103106 | UTE0 | Cantaloupe, Inc. | $3.9M | 0.73% | 370,013 | Common | SOLE |
| 80007P869 | SD | Sandridge Energy Inc. | $3.9M | 0.73% | 330,698 | Common | SOLE |
| 811543107 | SEB | Seaboard Corp. | $3.8M | 0.71% | 1,015 | Common | SOLE |
| 09624H208 | BXC | Bluelinx Holdings Inc. | $3.4M | 0.64% | 46,357 | Common | SOLE |
| 675234108 | OCFC | OceanFirst Financial Trust | $2.8M | 0.53% | 162,331 | Common | SOLE |
| 011311107 | ALG | Alamo Group, Inc. | $2.8M | 0.53% | 14,869 | Common | SOLE |
| 92839U206 | VC | Visteon Corp. | $1.2M | 0.23% | 10,298 | Common | SOLE |
| 047726302 | BATRK | Atlanta Braves Holdings Inc - C | $1.1M | 0.20% | 26,104 | Common | SOLE |
Source: SEC EDGAR · raw 13F holdings as filed. The Class column shows the option type when reported (Put/Call) or Common when the issuer's equity is held directly. 13F discloses long positions only.