Q2 2025 · 13F-HR
THIRD AVENUE MANAGEMENT LLCholdings as filed
Filed 2025-08-13 · accession 0001099281-25-000009
$484.9M
Reported value
52
Positions
2025-06-30
Period end
The Brief · THIRD AVENUE MANAGEMENT LLC · Q2 2025
AI · grounded in 13F
THIRD AVENUE MANAGEMENT LLC established a new position in Tidewater Inc. TDW valued at $40.4M. The fund also initiated new stakes in Deutsche Bank AG DB for $30.2M and Warrior Met Coal Inc. HCC for $29.4M. Additional new positions include Valaris Ltd. VAL, Brookfield Corp. BN, and CBRE Group, Inc. CBRE.
Holdings as filed
| CUSIP | Ticker | Issuer | Value | % port. | Shares | Class | Voting |
|---|---|---|---|---|---|---|---|
| 88642R109 | TDW | Tidewater Inc. | $40.4M | 8.33% | 875,157 | Common | SOLE |
| D18190898 | DB | Deutsche Bank AG | $30.2M | 6.22% | 1,021,558 | Common | SOLE |
| 93627C101 | HCC | Warrior Met Coal Inc. | $29.4M | 6.06% | 641,684 | Common | SOLE |
| G9460G101 | VAL | Valaris Ltd. | $24.7M | 5.09% | 585,921 | Common | SOLE |
| 11271J107 | BN | Brookfield Corp. | $23.4M | 4.82% | 378,249 | Common | SOLE |
| 12504L109 | CBRE | CBRE Group, Inc. | $23.1M | 4.76% | 164,710 | Common | SOLE |
| 33833Q106 | FPH | Five Point Holdings LLC - CL A | $22.7M | 4.68% | 4,125,911 | Common | SOLE |
| 526057302 | LEN/B | Lennar Corp - Class B | $15.6M | 3.21% | 148,033 | Common | SOLE |
| 74340W103 | PLD | Prologis Inc. | $15.3M | 3.15% | 145,522 | Common | SOLE |
| 023586506 | UHAL/B | U-Haul Holding Company | $14.1M | 2.91% | 259,510 | Common | SOLE |
| 48020Q107 | JLL | Jones Lang Lasalle | $13.2M | 2.73% | 51,690 | Common | SOLE |
| 866674104 | SUI | Sun Communities Inc. | $12.3M | 2.54% | 97,210 | Common | SOLE |
| 902788108 | UMBF | UMB Financial Corporation | $10.8M | 2.23% | 102,763 | Common | SOLE |
| 745867101 | PHM | PulteGroup Inc. | $10.2M | 2.11% | 96,931 | Common | SOLE |
| 200340107 | CMA | Comerica Inc. | $10.2M | 2.11% | 171,210 | Common | SOLE |
| 23331A109 | DHI | DR Horton Inc. | $10.1M | 2.08% | 78,189 | Common | SOLE |
| 55405W104 | MYRG | MYR Group Inc. | $9.9M | 2.04% | 54,595 | Common | SOLE |
| 74267C106 | PRA | Proassurance Corp. | $8.8M | 1.81% | 384,640 | Common | SOLE |
| 047726104 | BATRA | Atlanta Braves Holdings Inc - A | $8.1M | 1.67% | 164,438 | Common | SOLE |
| 461804106 | ITIC | Investors Title Co. | $7.6M | 1.56% | 35,752 | Common | SOLE |
| 743606105 | PB | Prosperity Bancshares Inc. | $7.2M | 1.48% | 102,168 | Common | SOLE |
| 483007704 | KALU | Kaiser Aluminum Corp. | $7.2M | 1.48% | 89,535 | Common | SOLE |
| 02665T306 | AMH | American Homes 4 Rent | $6.9M | 1.42% | 191,066 | Common | SOLE |
| 31620R303 | FNF | FNF Group | $6.7M | 1.37% | 118,656 | Common | SOLE |
| 292554102 | ECPG | Encore Capital Group Inc. | $6.6M | 1.37% | 171,022 | Common | SOLE |
| 32054K103 | FR | First Industrial Realty Trust, Inc. | $6.4M | 1.32% | 132,663 | Common | SOLE |
| 84470P109 | SBSI | Southside Bancshares Inc. | $6.2M | 1.27% | 209,426 | Common | SOLE |
| 502160104 | LXU | LSB Industries Inc. | $6.2M | 1.27% | 789,447 | Common | SOLE |
| 19459J104 | COLL | Collegium Pharmaceutical Inc. | $6.0M | 1.24% | 203,401 | Common | SOLE |
| 868459108 | SUPN | Supernus Pharmaceuticals, Inc. | $6.0M | 1.23% | 189,493 | Common | SOLE |
| 754907103 | RYN | Rayonier Inc. | $5.7M | 1.18% | 258,129 | Common | SOLE |
| 30292L107 | FRPH | FRP Holdings Inc. | $5.7M | 1.17% | 211,440 | Common | SOLE |
| 962166104 | WY | Weyerhaeuser Company | $5.7M | 1.17% | 220,849 | Common | SOLE |
| 87265H109 | T86 | Tri Pointe Group Inc. | $5.0M | 1.03% | 155,830 | Common | SOLE |
| 155123102 | CET | Central Securities Corporation | $4.9M | 1.00% | 101,812 | Common | SOLE |
| 904708104 | UNF | UniFirst Corporation | $4.4M | 0.91% | 23,356 | Common | SOLE |
| 023139884 | OSG | Ambac Financial Group | $4.3M | 0.88% | 603,391 | Common | SOLE |
| 138103106 | UTE0 | Cantaloupe, Inc. | $4.1M | 0.84% | 370,013 | Common | SOLE |
| 44925C103 | ICFI | ICF International, Inc. | $4.0M | 0.82% | 47,024 | Common | SOLE |
| 680223104 | ORI | Old Republic International Corp. | $3.8M | 0.78% | 98,535 | Common | SOLE |
| 830830105 | SKY | Champion Homes, Inc. | $3.7M | 0.77% | 59,865 | Common | SOLE |
| 95082P105 | WCC | Wesco International | $3.7M | 0.77% | 20,093 | Common | SOLE |
| 80007P869 | SD | Sandridge Energy Inc. | $3.6M | 0.74% | 330,698 | Common | SOLE |
| 09624H208 | BXC | Bluelinx Holdings Inc. | $3.4M | 0.71% | 46,357 | Common | SOLE |
| 011311107 | ALG | Alamo Group, Inc. | $3.2M | 0.67% | 14,869 | Common | SOLE |
| 811543107 | SEB | Seaboard Corp. | $2.9M | 0.60% | 1,015 | Common | SOLE |
| 675234108 | OCFC | OceanFirst Financial Trust | $2.9M | 0.59% | 162,238 | Common | SOLE |
| 69318G106 | PBF | PBF Energy Inc. | $2.8M | 0.59% | 131,050 | Common | SOLE |
| 40701T104 | HBB | Hamilton Beach Brand | $2.4M | 0.48% | 131,461 | Common | SOLE |
| 601137102 | MRP | Millrose Properties, Inc. | $1.4M | 0.30% | 50,697 | Common | SOLE |
| 047726302 | BATRK | Atlanta Braves Holdings Inc - C | $1.2M | 0.25% | 26,104 | Common | SOLE |
| 92839U206 | VC | Visteon Corp. | $960,803 | 0.20% | 10,298 | 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.