N-PORT filing recap · January 2021

What did Third Avenue Value Fund buy in January 2021?

Reported stock-position changes between this filing and the previous one. These are Third Avenue Value Fund's own holdings, not the firm's.

Stock value

$505.16M

Positions

Estimated turnover

24.4%

Turnover is a proxy: verified trade-origin share changes valued at period-end and divided by average reported stock value. SEC holdings reports do not disclose execution dates or prices. Corporate actions and unreconciled activity are excluded.

New positions

LAZLazard, Inc.$13.04Mreported value+316.4K shares JCNCJardine Cycle & Carriage Ltd$11.33Mreported value+700.5K shares

Increased positions

1Ck Hutchison Holdings Limited$22.11Mreported value+329.9K shares+11.5%CMAComerica Inc$18.54Mreported value+32.6K shares+11.2%FPHFive Point Holdings, LLC$15.85Mreported value+129.7K shares+5.4%AM.PADassault Aviation SA$13.22Mreported value+614 shares

Reduced positions

IFSPFInterfor Corp$35.63Mreported value-357.1K shares-15.7%BIRGBank of Ireland Group Plc$35.40Mreported value-30.2K shares-0.3%CSCapstone Copper Corp$34.18Mreported value-794.3K shares-4.6%LUNMFLundin Mining Corp$32.94Mreported value-1.10M shares

Exited positions

VNOVornado Realty Trust$7.93Mprior reported value-258.0K shares-100.0%LEN.BLennar Corp /new/$7.23Mprior reported value-127.1K shares-100.0%FDXFedex Corporation$4.01Mprior reported value-15.4K shares-100.0%