What Third Avenue Management Bought in Q3 2025
Third Avenue Management · Quarterly 13F recap as filed with the SEC.
Period: 2025-09-30 · Filed · Historical
$532.7M
Total Value
50
Holdings
2
New Buys
20
Reduced
In Q3 2025, Third Avenue Management reported 50 long equity positions worth $532.7M in their Third Avenue Management 13F filing, including 2 new positions (largest: Boise Cascade Company at $21.2M) and 5 increased positions.
| Rank | Ticker | Company | Shares | Value | % Portfolio | Change |
|---|---|---|---|---|---|---|
| 1 | TDW | Tidewater Inc. | 874667 | $47.9M | 9.00% | -0.1% |
| 2 | HCC | Warrior Met Coal Inc. | 641916 | $42.3M | 7.94% | +0.0% |
| 3 | VAL | Valaris Ltd. | 585602 | $30.0M | 5.63% | -0.1% |
| 4 | BN | Brookfield Corp. | 378249 | $25.7M | 4.82% | — |
| 5 | FPH | Five Point Holdings LLC - CL A | 4113917 | $25.2M | 4.73% | -0.3% |
| 6 | CBRE | CBRE Group, Inc. | 154672 | $24.2M | 4.55% | -6.1% |
| 7 | BCC | Boise Cascade Company | 273705 | $21.2M | 3.98% | NEW |
| 8 | LEN | Lennar Corp - Class B | 147843 | $18.0M | 3.39% | -0.1% |
| 9 | PLD | Prologis Inc. | 145394 | $16.9M | 3.18% | -0.1% |
| 10 | ROG | Rogers Corp. | 199368 | $16.3M | 3.06% | NEW |
| 11 | JLL | Jones Lang Lasalle | 51619 | $15.3M | 2.88% | -0.1% |
| 12 | DHI | DR Horton Inc. | 78078 | $13.5M | 2.53% | -0.1% |
| 13 | UHAL-B | U-Haul Holding Company | 259225 | $13.3M | 2.49% | -0.1% |
| 14 | PHM | PulteGroup Inc. | 96766 | $13.0M | 2.44% | -0.2% |
| 15 | SUI | Sun Communities Inc. | 96786 | $12.4M | 2.33% | -0.4% |
| 16 | UMBFO | UMB Financial Corporation | 97518 | $11.5M | 2.17% | +-5.1% |
| 17 | CMA-PB | Comerica Inc. | 156314 | $10.8M | 2.03% | -8.7% |
| 18 | SUPN | Supernus Pharmaceuticals, Inc. | 189493 | $9.1M | 1.71% | — |
| 19 | PRA | Proassurance Corp. | 364013 | $8.7M | 1.64% | -5.4% |
| 20 | SKY | Champion Homes, Inc. | 106409 | $8.3M | 1.56% | 77.7% |
| 21 | BATRA | Atlanta Braves Holdings Inc - A | 164438 | $7.4M | 1.39% | — |
| 22 | MYRG | MYR Group Inc. | 35554 | $7.2M | 1.35% | -34.9% |
| 23 | FNF | FNF Group | 118656 | $7.2M | 1.34% | — |
| 24 | COLL | Collegium Pharmaceutical Inc. | 203401 | $7.2M | 1.34% | — |
| 25 | KALU | Kaiser Aluminum Corp. | 89535 | $7.0M | 1.32% | — |
| 26 | ECPG | Encore Capital Group Inc. | 171022 | $6.9M | 1.30% | — |
| 27 | PB | Prosperity Bancshares Inc. | 102168 | $6.8M | 1.28% | — |
| 28 | AMH-PG | American Homes 4 Rent | 191066 | $6.3M | 1.18% | — |
| 29 | LXU | LSB Industries Inc. | 789447 | $6.1M | 1.15% | — |
| 30 | ITIC | Investors Title Co. | 21883 | $5.9M | 1.10% | -38.8% |
| 31 | RYN | Rayonier Inc. | 218052 | $5.9M | 1.10% | -15.5% |
| 32 | SBSI | Southside Bancshares Inc. | 209426 | $5.8M | 1.09% | — |
| 33 | FR | First Industrial Realty Trust, Inc. | 106342 | $5.5M | 1.04% | -19.8% |
| 34 | TPH | Tri Pointe Group Inc. | 155855 | $5.3M | 1.00% | +0.0% |
| 35 | CET | Central Securities Corporation | 101812 | $5.2M | 0.98% | — |
| 36 | OSG | Ambac Financial Group | 603391 | $4.9M | 0.92% | — |
| 37 | ICFI | ICF International, Inc. | 47024 | $4.4M | 0.83% | — |
| 38 | UNF | UniFirst Corporation | 25929 | $4.3M | 0.81% | +11.0% |
| 39 | FRPH | FRP Holdings Inc. | 178530 | $4.3M | 0.81% | -15.6% |
| 40 | WCC | Wesco International | 20093 | $4.3M | 0.80% | — |
| 41 | WY | Weyerhaeuser Company | 161920 | $4.0M | 0.76% | -26.7% |
| 42 | PBF | PBF Energy Inc. | 131050 | $3.9M | 0.74% | — |
| 43 | CTLPP | Cantaloupe, Inc. | 370013 | $3.9M | 0.73% | — |
| 44 | SD | Sandridge Energy Inc. | 330698 | $3.9M | 0.73% | — |
| 45 | SEB | Seaboard Corp. | 1015 | $3.8M | 0.71% | — |
| 46 | BXC | Bluelinx Holdings Inc. | 46357 | $3.4M | 0.64% | — |
| 47 | OCFC | OceanFirst Financial Trust | 162331 | $2.8M | 0.53% | +0.1% |
| 48 | ALG | Alamo Group, Inc. | 14869 | $2.8M | 0.53% | — |
| 49 | VC | Visteon Corp. | 10298 | $1.2M | 0.23% | — |
| 50 | BATRB | Atlanta Braves Holdings Inc - C | 26104 | $1.1M | 0.20% | — |