Marty Whitman
Third Avenue Management
Third Avenue Management Portfolio 13F
Third Avenue Management Holdings Activity
- Portfolio value:
- $585.19M≈ (+$10M≈)
- Previous value:
- $574.93M≈
- # of changes:
- 32
- New positions:
- 1
- Reported for:
- 31 Mar 2023 (Q1)
- Latest filing date:
- 16 May 2023
Third Avenue Management has disclosed a total of 32 changes to the portfolio in the (2023 Q1) SEC report(s): increased the number of shares of 16, bought 1 totally new, decreased the number of shares of 13 and completely sold out 2 position(s).
What stocks did Third Avenue Management buy in 2023 Q1?
During 2023 Q1 Third Avenue Management has bought 17 securities out of which top 5 purchases (by % change to portfolio) were (HCC) Warrior Met Coal Inc (added shares +5.39%), (DB) DEUTSCHE BANK AG-REGISTERED (added shares +4.25%), (CMA) Comerica Incorporated (added shares +58.30%), (VAL) Valaris Ltd (added shares +3.09%) and (LAZ) Lazard Ltd (added shares +20.09%).
In the 2023 Q1 report(s) the following changes have been made to the top investments: (TDW) Tidewater Inc (reduced shares -23.02%), (HCC) Warrior Met Coal Inc (added shares +5.39%), (DB) DEUTSCHE BANK AG-REGISTERED (added shares +4.25%), (LEN-B) Lennar Corp (reduced shares -16.63%) and (PLD) Prologis Inc (reduced shares -1.58%).
32 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* |
|---|---|---|---|---|---|---|---|---|---|---|---|
|
|
Jones Lang LaSalle Incorporated
|
new
|
+51,235
|
51,235
|
+1.27%
|
$145.49
|
+146.13%($358.09)
|
1.27%
|
2023 Q1
|
≈ 0.25 years
|
|
|
|
Hawaiian Holdings Inc
|
+141.00%
|
+910,431
|
1,556,133
|
+1.43%
|
$9.16
|
|
2.44%
|
2018 Q2
|
≈ 5.00 years
|
|
|
|
Comerica Incorporated
|
+58.30%
|
+176,912
|
480,358
|
+1.31%
|
$43.42
|
|
3.56%
|
2013 Q2 or earlier
|
≈ 10.00+ years
|
|
|
|
Sphere Entertainment Co
|
+27.82%
|
+17,680
|
81,238
|
+0.18%
|
$59.07
|
+149.84%($147.58)
|
0.82%
|
2021 Q3
|
≈ 1.75 years
|
|
|
|
Lazard Ltd
|
+20.09%
|
+91,664
|
547,950
|
+0.52%
|
$33.11
|
+27.73%($42.29)
|
3.10%
|
2020 Q4
|
≈ 2.50 years
|
|
|
|
ProAssurance Corp
|
+17.16%
|
+65,042
|
444,085
|
+0.21%
|
$18.48
|
|
1.40%
|
2020 Q4
|
≈ 2.50 years
|
|
|
|
UMB Financial Corp
|
+15.87%
|
+20,471
|
149,423
|
+0.2%
|
$57.72
|
+151.58%($145.21)
|
1.47%
|
2013 Q2 or earlier
|
≈ 10.00+ years
|
|
|
|
Washington Trust Bancorp Inc
|
+11.80%
|
+21,569
|
204,314
|
+0.13%
|
$34.66
|
+12.72%($39.07)
|
1.21%
|
2020 Q2
|
≈ 3.00 years
|
|
|
|
Encore Capital Group Inc
|
+11.13%
|
+13,306
|
132,837
|
+0.11%
|
$50.45
|
+88.96%($95.33)
|
1.15%
|
2022 Q4
|
≈ 0.50 years
|
|
|
|
Warrior Met Coal Inc
|
+5.39%
|
+68,653
|
1,343,267
|
+0.43%
|
$36.71
|
+116.70%($79.55)
|
8.43%
|
2017 Q4
|
≈ 5.50 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.