Third Avenue Management LLC
Annual return '25
+18.4%
SPY '25
+17.7%
Alpha
+0.7ptsvs SPY
Invested
$616M
Holdings
53
Trades YTD
0
Performance · Fund vs SPY
Cumulative return · quarterly snapshotsCoverage 80%. 4 quarters of 2025 measured against SPY adj-close benchmark.
Top holdings · current snapshot
Source: 13F-HR01
$TDW
Tidewater Inc.
Held since at least Q1 2024
12.5%
02
$VAL
Valaris Ltd.
Held since at least Q1 2024
8.1%
03
$BCC
Boise Cascade Company
Held since at least Q1 2024
6.9%
04
$HCC
Warrior Met Coal Inc.
Held since at least Q1 2024
5.5%
05
$HOG
Harley-Davidson Inc
Held since at least Q1 2024
4.8%
06
$RHI
Robert Half, Inc.
Held since at least Q1 2024
3.7%
07
$BN
Brookfield Corp.
Held since at least Q1 2024
3.2%
08
$FPH
Five Point Holdings LLC - CL A
Held since at least Q1 2024
3.0%
09
$CBRE
CBRE Group, Inc.
Held since at least Q1 2024
3.0%
10
$PLD
Prologis Inc.
Held since at least Q1 2024
2.7%
Recent trades · Last 90 days
No Form 4 / 13D / 13G trade events on file in the recent window. 13F filers report position snapshots quarterly rather than per-trade events, so this section is most useful for managers who also file Form 4 or 13D/G.
Convergence · Pattern Engine ships in v1.1
30-day windowIn development
Convergence participation lands with the Pattern Engine.
Once the Pattern Engine ships, this section will list every active convergence event this fund is named in — with the other named funds, the Congress members on the same name, and combined position size.
Source data: SEC EDGAR · 13F-HR filings · Performance through 2025-12-31 · Last refreshed 12:19 UTC.