13F HOLDINGS REPORT
THIRD AVENUE MANAGEMENT LLC
Quarter ended Q3 2025 · Filed November 14, 2025 · Accession 0001099281-25-000017
Total Value
$532.7M
Positions
50
Other Managers
0
Confidential Omitted
No
Holdings (50)
| # | Issuer | Ticker / CUSIP | Shares | Value | % of Filing |
|---|---|---|---|---|---|
| 1 | Tidewater Inc. | TDGMW | 874,667 | $47.9M | 9.00% |
| 2 | Warrior Met Coal Inc. | HCC | 641,916 | $42.3M | 7.94% |
| 3 | Valaris Ltd. | VAL-WT | 585,602 | $30.0M | 5.63% |
| 4 | Brookfield Corp. | 11271J107 | 378,249 | $25.7M | 4.82% |
| 5 | Five Point Holdings LLC - CL A | FPH | 4,113,917 | $25.2M | 4.73% |
| 6 | CBRE Group, Inc. | CBRE | 154,672 | $24.2M | 4.55% |
| 7 | Boise Cascade Company | BCC | 273,705 | $21.2M | 3.98% |
| 8 | Lennar Corp - Class B | LEN-B | 147,843 | $18.0M | 3.39% |
| 9 | Prologis Inc. | PLDGP | 145,394 | $16.9M | 3.18% |
| 10 | Rogers Corp. | ROG | 199,368 | $16.3M | 3.06% |
| 11 | Jones Lang Lasalle | JLL | 51,619 | $15.3M | 2.88% |
| 12 | DR Horton Inc. | 23331A109 | 78,078 | $13.5M | 2.53% |
| 13 | U-Haul Holding Company | UHAL-B | 259,225 | $13.3M | 2.49% |
| 14 | PulteGroup Inc. | 745867101 | 96,766 | $13.0M | 2.44% |
| 15 | Sun Communities Inc. | 866674104 | 96,786 | $12.4M | 2.33% |
| 16 | UMB Financial Corporation | 902788108 | 97,518 | $11.5M | 2.17% |
| 17 | Comerica Inc. | 200340107 | 156,314 | $10.8M | 2.03% |
| 18 | Supernus Pharmaceuticals, Inc. | SUPN | 189,493 | $9.1M | 1.71% |
| 19 | Proassurance Corp. | PRA | 364,013 | $8.7M | 1.64% |
| 20 | Champion Homes, Inc. | SKY | 106,409 | $8.3M | 1.56% |
| 21 | Atlanta Braves Holdings Inc - A | BATRB | 164,438 | $7.4M | 1.39% |
| 22 | MYR Group Inc. | MYRG | 35,554 | $7.2M | 1.35% |
| 23 | FNF Group | FNF | 118,656 | $7.2M | 1.34% |
| 24 | Collegium Pharmaceutical Inc. | COLL | 203,401 | $7.2M | 1.34% |
| 25 | Kaiser Aluminum Corp. | KALU | 89,535 | $7.0M | 1.32% |
| 26 | Encore Capital Group Inc. | ECR | 171,022 | $6.9M | 1.30% |
| 27 | Prosperity Bancshares Inc. | PB | 102,168 | $6.8M | 1.28% |
| 28 | American Homes 4 Rent | AMH-PG | 191,066 | $6.3M | 1.18% |
| 29 | LSB Industries Inc. | 502160104 | 789,447 | $6.1M | 1.15% |
| 30 | Investors Title Co. | ITIC | 21,883 | $5.9M | 1.10% |
| 31 | Rayonier Inc. | RYN | 218,052 | $5.9M | 1.10% |
| 32 | Southside Bancshares Inc. | SBSI | 209,426 | $5.8M | 1.09% |
| 33 | First Industrial Realty Trust, Inc. | 32054K103 | 106,342 | $5.5M | 1.04% |
| 34 | Tri Pointe Group Inc. | TPH | 155,855 | $5.3M | 1.00% |
| 35 | Central Securities Corporation | 155123102 | 101,812 | $5.2M | 0.98% |
| 36 | Ambac Financial Group | OSG | 603,391 | $4.9M | 0.92% |
| 37 | ICF International, Inc. | 44925C103 | 47,024 | $4.4M | 0.83% |
| 38 | UniFirst Corporation | UNF | 25,929 | $4.3M | 0.81% |
| 39 | FRP Holdings Inc. | FRPH | 178,530 | $4.3M | 0.81% |
| 40 | Wesco International | 95082P105 | 20,093 | $4.3M | 0.80% |
| 41 | Weyerhaeuser Company | WY | 161,920 | $4.0M | 0.76% |
| 42 | PBF Energy Inc. | PBF | 131,050 | $3.9M | 0.74% |
| 43 | Cantaloupe, Inc. | CTLPP | 370,013 | $3.9M | 0.73% |
| 44 | Sandridge Energy Inc. | SD | 330,698 | $3.9M | 0.73% |
| 45 | Seaboard Corp. | SE | 1,015 | $3.8M | 0.71% |
| 46 | Bluelinx Holdings Inc. | BXC | 46,357 | $3.4M | 0.64% |
| 47 | OceanFirst Financial Trust | 675234108 | 162,331 | $2.8M | 0.53% |
| 48 | Alamo Group, Inc. | ALG | 14,869 | $2.8M | 0.53% |
| 49 | Visteon Corp. | VC | 10,298 | $1.2M | 0.23% |
| 50 | Atlanta Braves Holdings Inc - C | BATRB | 26,104 | $1.1M | 0.20% |