Third Avenue Management recent buys & sells (2022 Q3)
Marty Whitman
Third Avenue Management Portfolio Changes
Purchase & sale details
- Portfolio value:
- $508.29M (-$54M)
- Previous value:
- $561.80M
- # of changes:
- 34
- New positions:
- 0
- Reported for:
- 30 Sep 2022 (Q3)
- Latest filing date:
- 14 Nov 2022
Third Avenue Management has disclosed a total of 34 changes to the portfolio in the (2022 Q3) SEC report(s): increased the number of shares of 5, decreased the number of shares of 26 and completely sold out 3 position(s).
What stocks did Third Avenue Management buy in 2022 Q3?
During 2022 Q3 Third Avenue Management has purchased 5 securities: (LAZ) Lazard Ltd (added shares +15.19%), (HA) Hawaiian Holdings Inc (added shares +15.10%), (PRA) ProAssurance Corp (added shares +13.47%), (TPH) TRI Pointe Homes Inc (added shares +25.11%) and (KALU) Kaiser Aluminum Corp (added shares +23.30%).
In the 2022 Q3 report(s) the following changes have been made to the top investments: (TDW) Tidewater Inc (reduced shares -0.38%), (HCC) Warrior Met Coal Inc (reduced shares -1.51%), (LEN-B) Lennar Corp (reduced shares -1.98%), (BN) Brookfield Corp (reduced shares -6.13%) and (CMA) Comerica Incorporated (reduced shares -8.35%).
34 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* |
|---|---|---|---|---|---|---|---|---|---|---|---|
|
|
TRI Pointe Homes Inc
|
+25.11%
|
+61,669
|
307,305
|
+0.18%
|
$15.11
|
|
0.91%
|
2017 Q1
|
~5.75 years
|
|
|
|
Kaiser Aluminum Corp
|
+23.30%
|
+12,155
|
64,315
|
+0.15%
|
$61.35
|
+94.09%($119.08)
|
0.78%
|
2013 Q2*
|
> 9 years
|
|
|
|
Lazard Ltd
|
+15.19%
|
+60,754
|
460,733
|
+0.38%
|
$31.83
|
+20.79%($38.45)
|
2.89%
|
2020 Q4
|
~2.00 years
|
|
|
|
Hawaiian Holdings Inc
|
+15.10%
|
+118,196
|
900,988
|
+0.31%
|
$13.15
|
|
2.33%
|
2018 Q2
|
~4.50 years
|
|
|
|
ProAssurance Corp
|
+13.47%
|
+39,997
|
337,035
|
+0.15%
|
$19.51
|
|
1.29%
|
2020 Q4
|
~2.00 years
|
|
|
|
Valaris Ltd
|
-0.18%
|
-597
|
323,551
|
-0.01%
|
$48.94
|
+107.47%($101.54)
|
3.12%
|
2021 Q3
|
~1.25 years
|
|
|
|
Tidewater Inc
|
-0.38%
|
-8,073
|
2,097,857
|
-0.03%
|
$21.70
|
+302.05%($87.24)
|
8.96%
|
2017 Q3
|
~5.25 years
|
|
|
|
Old Republic International Corp
|
-0.47%
|
-3,961
|
838,063
|
-0.01%
|
$20.93
|
+80.55%($37.79)
|
3.45%
|
2020 Q1
|
~2.75 years
|
|
|
|
Inventrust Properties Corp
|
-1.25%
|
-9,199
|
724,502
|
-0.03%
|
$21.33
|
+42.31%($30.36)
|
3.04%
|
2021 Q4
|
~1.00 year
|
|
|
|
Warrior Met Coal Inc
|
-1.51%
|
-21,046
|
1,373,234
|
-0.11%
|
$28.44
|
+192.09%($83.07)
|
7.68%
|
2017 Q4
|
~5.00 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".