Third Avenue Management recent buys & sells (2021 Q3)
Marty Whitman
Third Avenue Management Portfolio Changes
Purchase & sale details
- Portfolio value:
- $743.06M (-$13M)
- Previous value:
- $755.72M
- # of changes:
- 29
- New positions:
- 3
- Reported for:
- 30 Sep 2021 (Q3)
- Latest filing date:
- 12 Nov 2021
Third Avenue Management has disclosed a total of 29 changes to the portfolio in the (2021 Q3) SEC report(s): increased the number of shares of 10, bought 3 totally new, decreased the number of shares of 12 and completely sold out 4 position(s).
What stocks did Third Avenue Management buy in 2021 Q3?
During 2021 Q3 Third Avenue Management has bought 13 securities out of which top 5 purchases (by % change to portfolio) were (FPH) Five Point Holdings LLC (added shares +0.32%), (HCC) Warrior Met Coal Inc (added shares +0.29%), (LEN-B) Lennar Corp (added shares +0.40%), (WY) Weyerhaeuser Company (added shares +0.25%) and (RYN) Rayonier Inc (added shares +0.20%).
In the 2021 Q3 report(s) the following changes have been made to the top investments: (FPH) Five Point Holdings LLC (added shares +0.32%), (BN) Brookfield Corp (reduced shares -0.75%), (HCC) Warrior Met Coal Inc (added shares +0.29%), (LEN-B) Lennar Corp (added shares +0.40%) and (PLD) Prologis Inc (reduced shares -0.18%).
29 results
| History | Ticker | Name |
% or activity |
Shares change |
Shares held after* |
% change to portfolio |
Reported price* |
% difference current price* |
% of portfolio |
Held since* | Held for* |
|---|---|---|---|---|---|---|---|---|---|---|---|
|
|
Sphere Entertainment Co
|
new
|
+27,448
|
27,448
|
+0.27%
|
$72.68
|
+56.82%($113.98)
|
0.27%
|
2021 Q3
|
~0.25 years
|
|
|
|
Preferred Apartment Communities Inc
|
new
|
+257,713
|
257,713
|
+0.42%
|
$12.23
|
|
0.42%
|
2021 Q3
|
~0.25 years
|
|
|
|
Valaris Ltd
|
new
|
+310,047
|
310,047
|
+1.46%
|
$34.88
|
+191.10%($101.54)
|
1.46%
|
2021 Q3
|
~0.25 years
|
|
|
|
Hamilton Beach Brands Holding Co, CL-A
|
+24.30%
|
+55,213
|
282,436
|
+0.12%
|
$15.67
|
+101.71%($31.61)
|
0.60%
|
2020 Q3
|
~1.25 years
|
|
|
|
Cal-Maine Foods Inc
|
+20.28%
|
+23,541
|
139,635
|
+0.11%
|
$36.17
|
+69.82%($61.42)
|
0.68%
|
2020 Q1
|
~1.75 years
|
|
|
|
Stratus Properties Inc
|
+10.63%
|
+13,556
|
141,118
|
+0.06%
|
$32.24
|
-46.03%($17.40)
|
0.61%
|
2021 Q2
|
~0.50 years
|
|
|
|
CBRE Group Inc, CL-A
|
+0.95%
|
+1,571
|
167,076
|
+0.02%
|
$97.36
|
+27.15%($123.80)
|
2.19%
|
2020 Q1
|
~1.75 years
|
|
|
|
Lennar Corp
|
+0.40%
|
+1,943
|
484,684
|
+0.02%
|
$77.59
|
+6.25%($82.44)
|
5.06%
|
2016 Q4
|
~5.00 years
|
|
|
|
Five Point Holdings LLC
|
+0.32%
|
+28,806
|
8,898,419
|
+0.03%
|
$7.83
|
-47.77%($4.09)
|
9.38%
|
2017 Q2
|
~4.50 years
|
|
|
|
Warrior Met Coal Inc
|
+0.29%
|
+5,043
|
1,730,328
|
+0.02%
|
$23.27
|
+256.98%($83.07)
|
5.42%
|
2017 Q4
|
~4.00 years
|
|
* Shares, change to shares, sold shares, shares held after: split-adjusted.
* Reported price: this doesn't represent the actual buy or sell price. It is the split-adjusted price of the security as of the last day of the reported period.
* Current price: this can be a delayed price and may not reflect the real-time market value, however it is too close.
* Value or Price: If the security is completely sold out, we show the reported value (or price) prior to the actual period.
* Held since / Held for: calculated since the latest "new buy" position. If the security was previously exited and re-entered, only the most recent holding period is counted. 2013 Q2 is the earliest period we have data for, so "2013 Q2*" means "2013 Q2 or earlier".