THIRD AVENUE MANAGEMENT LLC

All Holdings — 2026 Q1

AI Portfolio Summary
In 2026 Q1, THIRD AVENUE MANAGEMENT LLC maintained a portfolio of 57 distinct positions. The most significant new addition to the portfolio was Harley-Davidson Inc, which now represents 4.80% of the total fund value. They heavily accumulated shares in Tidewater Inc., increasing their position by 5.5%. The fund also reduced its exposure to Kaiser Aluminum Corp by 65.0%.
PCA Score Concentration Risk
Risk ENB
Total Positions
57
Quarter
2026 Q1
Top Holding
TDW (12.5%)
Top 10 Concentration
53.4%
Turnover Rate
23.4%
Sector HHI
0.18
Items per page:
Showing 1-50 of 57
Stock History Sector / Type Port % Prev % Rank / Prev Conviction Change % Change Influence Shares Mkt Value Avg Cost Price Held 1st Owned Source Source Date Date Reported
TDW
Tidewater Inc.
Energy 12.49% 8.01% #1 1
Prev: #2
8.0 48,110 5.5%
P
S
921,181 $76,964,673 2004 Q4 13F Filing 2026-03-31 2026-05-13
VAL
Valaris Ltd.
Energy 8.09% 5.35% #2 2
Prev: #4
5.2 -76,187 -13.0%
P
S
508,186 $49,822,555 2021 Q3 13F Filing 2026-03-31 2026-05-13
BCC
Boise Cascade C...
Basic Materials 6.92% 5.75% #3
Prev: #3
6.3 132,022 30.7%
P
S
562,021 $42,629,293 2025 Q3 13F Filing 2026-03-31 2026-05-13
HCC
Warrior Met Coa...
Basic Materials 5.50% 9.35% #4 3
Prev: #1
2.7 -219,318 -37.6%
P
S
364,002 $33,906,786 2009 Q2 13F Filing 2026-03-31 2026-05-13
HOG
Harley-Davidson...
Consumer Cyclical 4.80% #5
Prev: #—
5.9 1,462,670 no change
NEW
1,462,670 $29,575,187 2026 Q1 13F Filing 2026-03-31 2026-05-13
RHI
Robert Half, In...
Industrials 3.73% #6
Prev: #—
5.0 903,905 no change
NEW
903,905 $22,959,187 2026 Q1 13F Filing 2026-03-31 2026-05-13
BN
Brookfield Corp...
Financial Services 3.16% 4.57% #7 2
Prev: #5
1.8 -66,624 -12.2%
P
S
481,495 $19,486,103 2022 Q4 13F Filing 2026-03-31 2026-05-13
FPH
Five Point Hold...
Real Estate 3.03% 4.18% #8 1
Prev: #7
1.7 -252,755 -6.1%
P
S
3,861,162 $18,688,024 2017 Q2 13F Filing 2026-03-31 2026-05-13
CBRE
CBRE Group, Inc...
Real Estate 3.00% 4.29% #9 3
Prev: #6
1.7 -10,505 -7.2%
P
S
136,330 $18,467,262 2020 Q1 13F Filing 2026-03-31 2026-05-13
PLD
Prologis Inc.
Real Estate 2.70% 3.37% #10 2
Prev: #8
1.6 -19,506 -13.4%
P
S
125,945 $16,647,410 2011 Q3 13F Filing 2026-03-31 2026-05-13
ROG
Rogers Corp.
Technology 2.63% 3.32% #11 2
Prev: #9
1.1 -48,449 -24.3%
P
S
151,025 $16,209,513 2025 Q3 13F Filing 2026-03-31 2026-05-13
UHAL/B
U-Haul Holding ...
Industrials 2.06% 2.20% #12
Prev: #12
2.8 25,129 9.7%
P
S
284,375 $12,703,031 2022 Q4 13F Filing 2026-03-31 2026-05-13
LEN/B
Lennar Corp - C...
Consumer Cyclical 1.95% 2.56% #13 3
Prev: #10
1.3 -5,165 -3.5%
P
S
142,843 $12,015,953 2016 Q4 13F Filing 2026-03-31 2026-05-13
SUI
Sun Communities...
Real Estate 1.87% 2.18% #14 1
Prev: #13
1.2 -5,467 -5.6%
P
S
91,455 $11,519,672 2023 Q2 13F Filing 2026-03-31 2026-05-13
PHM
PulteGroup Inc.
Consumer Cyclical 1.82% 2.15% #15 1
Prev: #14
1.2 -5,556 -5.5%
P
S
95,128 $11,188,004 2025 Q1 13F Filing 2026-03-31 2026-05-13
DHI
DR Horton Inc.
Consumer Cyclical 1.64% 2.05% #16
Prev: #16
1.2 -4,358 -5.6%
P
S
73,836 $10,131,776 2022 Q1 13F Filing 2026-03-31 2026-05-13
ECPG
Encore Capital ...
Financial Services 1.62% 1.69% #17 4
Prev: #21
1.1 -28,510 -16.7%
P
S
142,512 $9,992,941 2022 Q4 13F Filing 2026-03-31 2026-05-13
JLL
Jones Lang Lasa...
Real Estate 1.60% 2.10% #18 3
Prev: #15
1.1 -1,944 -5.7%
P
S
32,407 $9,862,098 2004 Q4 13F Filing 2026-03-31 2026-05-13
FNF
FNF Group
Financial Services 1.46% 2.04% #19 2
Prev: #17
1.1 -11,865 -5.8%
P
S
193,455 $8,972,443 2016 Q1 13F Filing 2026-03-31 2026-05-13
UMBF
UMB Financial C...
Financial Services 1.43% 1.64% #20 2
Prev: #22
1.6 no change no change
P
S
78,245 $8,825,254 2013 Q2 13F Filing 2026-03-31 2026-05-13
MYRG
MYR Group Inc.
Industrials 1.32% 1.41% #21 4
Prev: #25
1.0 -6,735 -18.9%
P
S
28,819 $8,136,180 2015 Q4 13F Filing 2026-03-31 2026-05-13
SUPN
Supernus Pharma...
Healthcare 1.28% 1.71% #22 3
Prev: #19
1.0 -36,769 -19.4%
P
S
152,724 $7,894,304 2022 Q2 13F Filing 2026-03-31 2026-05-13
BATRA
Atlanta Braves ...
Communication Services 1.26% 1.27% #23 5
Prev: #28
1.5 no change no change
P
S
164,438 $7,753,252 2023 Q3 13F Filing 2026-03-31 2026-05-13
SKY
Champion Homes,...
Consumer Cyclical 1.22% 1.63% #24 1
Prev: #23
1.0 -5,652 -5.3%
P
S
100,757 $7,493,298 2004 Q4 13F Filing 2026-03-31 2026-05-13
AMH
American Homes ...
Real Estate 1.19% 1.62% #25 1
Prev: #24
1.0 -15,992 -5.7%
P
S
262,520 $7,329,558 2014 Q1 13F Filing 2026-03-31 2026-05-13
TPH
Tri Pointe Grou...
Consumer Cyclical 1.18% 0.89% #26 10
Prev: #36
1.5 no change no change
P
S
155,855 $7,283,104 2017 Q1 13F Filing 2026-03-31 2026-05-13
UNF
UniFirst Corpor...
Industrials 1.16% 1.00% #27 5
Prev: #32
1.5 no change no change
P
S
28,434 $7,153,710 2010 Q2 13F Filing 2026-03-31 2026-05-13
FSV
FirstService Co...
Real Estate 1.14% 0.53% #28 19
Prev: #47
3.5 31,738 169.6%
P
S
50,452 $7,009,801 2025 Q4 13F Filing 2026-03-31 2026-05-13
PB
Prosperity Banc...
Financial Services 1.11% 1.28% #29 2
Prev: #27
1.4 no change no change
P
S
102,168 $6,863,646 2014 Q1 13F Filing 2026-03-31 2026-05-13
PRA
Proassurance Co...
Financial Services 1.05% 1.29% #30 4
Prev: #26
0.9 -32,382 -11.1%
P
S
260,608 $6,442,230 2020 Q4 13F Filing 2026-03-31 2026-05-13
BKD
Brookdale Senio...
Healthcare 1.03% #31
Prev: #—
3.9 463,664 no change
NEW
463,664 $6,342,924 2013 Q2 13F Filing 2026-03-31 2026-05-13
PBF
PBF Energy Inc.
Energy 1.01% 0.65% #32 12
Prev: #44
1.4 no change no change
P
S
131,050 $6,240,601 2024 Q3 13F Filing 2026-03-31 2026-05-13
AMBC
Octave Specialt...
Unknown 1.01% 1.11% #33 3
Prev: #30
3.4 559,118 71.5%
P
S
1,341,211 $6,236,631 2024 Q4 13F Filing 2026-03-31 2026-05-13
LXU
LSB Industries ...
Basic Materials 0.92% 1.22% #34 5
Prev: #29
0.4 -408,351 -51.7%
P
S
381,096 $5,678,330 2012 Q2 13F Filing 2026-03-31 2026-05-13
ALG
Alamo Group, In...
Industrials 0.92% 0.73% #35 6
Prev: #41
2.9 10,323 43.0%
P
S
34,332 $5,663,750 2004 Q4 13F Filing 2026-03-31 2026-05-13
SD
Sandridge Energ...
Energy 0.88% 0.87% #36 1
Prev: #37
1.4 no change no change
P
S
330,818 $5,395,642 2024 Q3 13F Filing 2026-03-31 2026-05-13
WCC
Wesco Internati...
Industrials 0.85% 0.90% #37 2
Prev: #35
0.8 -1,052 -5.2%
P
S
19,243 $5,265,270 2024 Q2 13F Filing 2026-03-31 2026-05-13
CPRX
Catalyst Pharma...
Healthcare 0.84% #38
Prev: #—
3.8 210,161 no change
NEW
210,161 $5,203,586 2026 Q1 13F Filing 2026-03-31 2026-05-13
COLL
Collegium Pharm...
Healthcare 0.83% 1.71% #39 19
Prev: #20
0.3 -48,258 -23.7%
P
S
155,143 $5,130,579 2023 Q4 13F Filing 2026-03-31 2026-05-13
CET
Central Securit...
Financial Services 0.82% 0.94% #40 6
Prev: #34
1.3 no change no change
P
S
101,812 $5,055,984 2020 Q1 13F Filing 2026-03-31 2026-05-13
ITIC
Investors Title...
Financial Services 0.77% 0.99% #41 8
Prev: #33
1.3 no change no change
P
S
21,894 $4,758,442 2023 Q2 13F Filing 2026-03-31 2026-05-13
FR
First Industria...
Real Estate 0.76% 1.09% #42 11
Prev: #31
0.3 -23,712 -22.6%
P
S
81,016 $4,686,776 2010 Q3 13F Filing 2026-03-31 2026-05-13
ICFI
ICF Internation...
Industrials 0.76% 0.82% #43 5
Prev: #38
2.8 18,872 35.7%
P
S
71,736 $4,683,643 2011 Q2 13F Filing 2026-03-31 2026-05-13
OCFC
OceanFirst Fina...
Financial Services 0.72% 0.63% #44 2
Prev: #46
2.8 53,855 27.9%
P
S
246,662 $4,449,782 2024 Q4 13F Filing 2026-03-31 2026-05-13
FLG
Flagstar Bank
Financial Services 0.71% 0.50% #45 3
Prev: #48
3.3 113,936 52.4%
P
S
331,241 $4,362,444 2025 Q4 13F Filing 2026-03-31 2026-05-13
WY
Weyerhaeuser Co...
Real Estate 0.64% 0.74% #46 6
Prev: #40
0.8 -9,205 -5.4%
P
S
162,377 $3,966,870 2009 Q1 13F Filing 2026-03-31 2026-05-13
SBSI
Southside Bancs...
Financial Services 0.59% 0.65% #47 2
Prev: #45
1.2 no change no change
P
S
116,879 $3,633,768 2015 Q3 13F Filing 2026-03-31 2026-05-13
KALU
Kaiser Aluminum...
Basic Materials 0.58% 1.78% #48 30
Prev: #18
0.2 -55,482 -65.0%
P
S
29,881 $3,600,959 2008 Q3 13F Filing 2026-03-31 2026-05-13
BXC
Bluelinx Holdin...
Industrials 0.57% 0.72% #49 7
Prev: #42
0.7 30 0.0%
P
S
64,369 $3,487,512 2025 Q1 13F Filing 2026-03-31 2026-05-13
QLYS
Qualy's, Inc.
Technology 0.56% #50
Prev: #—
3.7 39,120 no change
NEW
39,120 $3,436,692 2026 Q1 13F Filing 2026-03-31 2026-05-13
Showing 1-50 of 57 holdings

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