N-PORT filing recap · April 2022

What did Third Avenue Value Fund buy in April 2022?

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

$590.59M

Positions

Estimated turnover

25.2%

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

CSCapstone Copper Corp$31.92Mreported value+7.01M shares VAPORESCompañía Sud Americana De Vapores S.a.$16.41Mreported value+145.18M shares UGPA3Ultrapar Participacoes SA$11.19Mreported value+4.16M shares 5233Taiheiyo Cement Corp$7.43Mreported value+459.2K shares

Increased positions

DBKDeutsche Bank AG$25.67Mreported value+421.0K shares+19.6%BMWBayerische Motoren Werke AG$24.80Mreported value+28.1K shares+10.2%SUBCSubsea 7 SA$21.39Mreported value+134.3K shares+5.4%JCNCJardine Cycle & Carriage Ltd$19.92Mreported value+50.6K shares

Reduced positions

HCCWarrior Met Coal, Inc.$39.77Mreported value-309.9K shares-21.0%BIRGBank of Ireland Group Plc$39.22Mreported value-1.00M shares-13.4%AMDassault Aviation SA$25.66Mreported value-4.3K shares-2.8%1113Ck Asset Holdings Limited$8.12Mreported value-891.4K shares

Exited positions

CSCapstone Copper Corp$32.48Mprior reported value-7.63M shares-100.0%