What Third Avenue Management Bought in Q1 2025
Third Avenue Management · Quarterly 13F recap as filed with the SEC.
Period: 2025-03-31 · Filed · Historical
$498.7M
Total Value
61
Holdings
3
New Buys
13
Reduced
In Q1 2025, Third Avenue Management reported 61 long equity positions worth $498.7M in their Third Avenue Management 13F filing, including 3 new positions (largest: PulteGroup Inc. at $6.6M) and 10 increased positions.
| Rank | Ticker | Company | Shares | Value | % Portfolio | Change |
|---|---|---|---|---|---|---|
| 1 | TDW | Tidewater Inc. | 809258 | $34.2M | 6.86% | +37.6% |
| 2 | DB | Deutsche Bank AG | 1447570 | $34.1M | 6.84% | -33.8% |
| 3 | HCC | Warrior Met Coal Inc. | 613206 | $29.3M | 5.87% | +4.4% |
| 4 | VAL | Valaris Ltd. | 569839 | $22.4M | 4.49% | +33.6% |
| 5 | FPH | Five Point Holdings LLC - CL A | 4125911 | $22.0M | 4.42% | — |
| 6 | CBRE | CBRE Group, Inc. | 165109 | $21.6M | 4.33% | -5.1% |
| 7 | BN | Brookfield Corp. | 378249 | $19.8M | 3.98% | -3.4% |
| 8 | CMA-PB | Comerica Inc. | 302904 | $17.9M | 3.59% | +0.0% |
| 9 | LEN | Lennar Corp - Class B | 147770 | $16.1M | 3.23% | -8.7% |
| 10 | UHAL-B | U-Haul Holding Company | 249865 | $14.8M | 2.97% | — |
| 11 | PLD | Prologis Inc. | 129162 | $14.4M | 2.90% | +0.2% |
| 12 | ORI | Old Republic International Corp. | 336388 | $13.2M | 2.65% | -27.7% |
| 13 | PRA | Proassurance Corp. | 563988 | $13.2M | 2.64% | — |
| 14 | JLL | Jones Lang Lasalle | 51990 | $12.9M | 2.58% | — |
| 15 | SUI | Sun Communities Inc. | 90715 | $11.7M | 2.34% | +-16.1% |
| 16 | UMBFO | UMB Financial Corporation | 102796 | $10.4M | 2.08% | — |
| 17 | DHI | DR Horton Inc. | 78745 | $10.0M | 2.01% | — |
| 18 | ITIC | Investors Title Co. | 38919 | $9.4M | 1.88% | -0.6% |
| 19 | MYRG | MYR Group Inc. | 72797 | $8.2M | 1.65% | — |
| 20 | FNF | FNF Group | 118656 | $7.7M | 1.55% | — |
| 21 | PB | Prosperity Bancshares Inc. | 102168 | $7.3M | 1.46% | — |
| 22 | AMH-PG | American Homes 4 Rent | 192560 | $7.3M | 1.46% | -40.1% |
| 23 | FR | First Industrial Realty Trust, Inc. | 134558 | $7.3M | 1.46% | -14.4% |
| 24 | FRPH | FRP Holdings Inc. | 252952 | $7.2M | 1.45% | — |
| 25 | BATRA | Atlanta Braves Holdings Inc - A | 164438 | $7.2M | 1.45% | — |
| 26 | RYN | Rayonier Inc. | 258499 | $7.2M | 1.45% | -18.1% |
| 27 | PHM | PulteGroup Inc. | 63800 | $6.6M | 1.32% | NEW |
| 28 | WY | Weyerhaeuser Company | 220849 | $6.5M | 1.30% | — |
| 29 | BAM | Brookfield Asset Mgmt. CL A | 132103 | $6.4M | 1.28% | — |
| 30 | SUPN | Supernus Pharmaceuticals, Inc. | 189493 | $6.2M | 1.24% | — |
| 31 | COLL | Collegium Pharmaceutical Inc. | 203401 | $6.1M | 1.22% | — |
| 32 | SBSI | Southside Bancshares Inc. | 209426 | $6.1M | 1.22% | — |
| 33 | ECPG | Encore Capital Group Inc. | 171022 | $5.9M | 1.18% | — |
| 34 | LXU | LSB Industries Inc. | 789447 | $5.2M | 1.04% | — |
| 35 | CET | Central Securities Corporation | 111210 | $5.0M | 1.00% | — |
| 36 | TPH | Tri Pointe Group Inc. | 155830 | $5.0M | 1.00% | — |
| 37 | HBB | Hamilton Beach Brand | 249969 | $4.9M | 0.97% | -16.0% |
| 38 | KALU | Kaiser Aluminum Corp. | 79828 | $4.8M | 0.97% | +0.3% |
| 39 | ALG | Alamo Group, Inc. | 25546 | $4.6M | 0.91% | -19.9% |
| 40 | UNF | UniFirst Corporation | 23356 | $4.1M | 0.81% | — |
| 41 | ICFI | ICF International, Inc. | 47024 | $4.0M | 0.80% | +6.4% |
| 42 | SD | Sandridge Energy Inc. | 330698 | $3.8M | 0.76% | — |
| 43 | SEB | Seaboard Corp. | 1319 | $3.6M | 0.71% | -43.5% |
| 44 | OSG | Ambac Financial Group | 366461 | $3.2M | 0.64% | +59.0% |
| 45 | PBF | PBF Energy Inc. | 131050 | $2.5M | 0.50% | — |
| 46 | WCC | Wesco International | 14822 | $2.3M | 0.46% | +0.6% |
| 47 | BXC | Bluelinx Holdings Inc. | 29869 | $2.2M | 0.45% | NEW |
| 48 | MRP | Millrose Properties, Inc. | 80890 | $2.1M | 0.43% | NEW |
| 49 | OCFC | OceanFirst Financial Trust | 116643 | $2.0M | 0.40% | 91.7% |
| 50 | ELME | Elme Communities | 93000 | $1.6M | 0.32% | — |
| 51 | CTO-PA | CTO Realty Growth, Inc. | 63000 | $1.2M | 0.24% | — |
| 52 | WSR | Whitestone REIT | 80000 | $1.2M | 0.23% | — |
| 53 | IVT | Inventrust Properties Corp. | 38000 | $1.1M | 0.22% | — |
| 54 | BATRB | Atlanta Braves Holdings Inc - C | 26104 | $1.0M | 0.21% | — |
| 55 | PCH | Potlatchdeltic Corp. | 20000 | $902K | 0.18% | — |
| 56 | RMR | The RMR Group Inc. | 37000 | $616K | 0.12% | — |
| 57 | VTMX | Vesta Real Estate Corp. | 25000 | $570K | 0.11% | — |
| 58 | STC | Stewart Information Services Corp. | 5194 | $371K | 0.07% | — |
| 59 | GRBK | Green Brick Partners | 5000 | $292K | 0.06% | — |
| 60 | UHAL | U-Haul Holding Company | 1456 | $95K | 0.02% | — |
| 61 | HP5A | Equity Commonwealth | 55000 | $89K | 0.02% | — |