ProAssurance Corp (PRA) is gone from the Third Avenue Management portfolio as of June 30, 2026, according to the 13F-HR filed with the SEC on August 12, 2026. A quarter earlier the position was 261K shares worth about $6.4M, or 1.05% of the reported book. PRA had been in the portfolio for 5.5 years, since the quarter ended December 31, 2020.
What did the 2026 Q2 filing report for PRA?
As of June 30, 2026, from the 13F-HR filed August 12, 2026.
| Before | After | |
|---|---|---|
| Shares | 261K | 0 |
| Reported value | $6.4M | $0 |
| Portfolio weight | 1.05% | 0% |
| Held since | 2020 Q4 | sold out in 2026 Q2 |
| Quarters held | 22 |
What did Third Avenue Management sell?
Third Avenue Management sold 261K shares of PRA between the quarter ended March 31, 2026 and June 30, 2026. The PRA exit was the 5th largest of the quarter's 42 position changes by percent change to portfolio.
Where does PRA sit in the Third Avenue Management portfolio?
Before the sale, PRA carried 1.05% of the Third Avenue Management portfolio, below the fund's average stock position of 2%. The largest stock position is TDW at 9.95%. Next come BCC at 7.47% and VAL at 5.99%. The three largest stocks together are 23.42% of the book. Across the 2026 Q2 portfolio, Third Avenue Management reported 55 stock positions, with 4 opened and 2 closed. The total portfolio value is about $625.3M, up 2% from the prior quarter.
How long has Third Avenue Management held PRA?
Third Avenue Management held PRA for 5.5 years, from the quarter ended December 31, 2020 to March 31, 2026. The weight peaked at 2.64% in 2025 Q1. Last quarter the fund had already cut the position by 11%, so the exit finishes a two-quarter unwind. Every reported trade is on the Third Avenue Management PRA trade history page.
FAQ
How many PRA shares did Third Avenue Management sell?
Third Avenue Management sold all 261K shares of PRA it reported a quarter earlier, worth about $6.4M.
When did Third Avenue Management first buy PRA?
Third Avenue Management first reported PRA in the quarter ended December 31, 2020.
How much of the Third Avenue Management portfolio was PRA?
PRA was 1.05% of the Third Avenue Management portfolio at the prior quarter-end, and 0% after the sale.