13F filing recap · Q3 2019

What did Third Avenue Management buy in Q3 2019?

Reported stock-position changes between this filing and the previous one. US-listed stocks across every Third Avenue account, including accounts that belong to no fund below.

Stock value

$1.11B

Positions

Estimated turnover

13.7%

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

CLNYColony Capital Inc$10.56Mreported value+1.75M shares CTBCooper Tire & Rubber Company$2.54Mreported value+97.1K shares

Increased positions

LEN.BLennar Corp /new/$56.58Mreported value+8.8K shares+0.7%JBGSJbg Smith Properties$51.30Mreported value+6.6K shares+0.5%TDWTidewater Inc$41.36Mreported value+136.1K shares+5.2%VNOVornado Realty Trust$39.58Mreported value+223.9K shares

Reduced positions

WYWeyerhaeuser Company$88.59Mreported value-899.4K shares-21.9%BAMBrookfield Corporation$84.07Mreported value-45.0K shares-2.8%FPHFive Point Holdings, LLC$82.68Mreported value-566.8K shares-4.9%LENLennar Corp /new/$52.70Mreported value-362.4K shares

Exited positions

RIGTransocean Ltd.$9.75Mprior reported value-1.52M shares-100.0%SAFMSanderson Farms, Inc.$3.52Mprior reported value-25.8K shares-100.0%ASIXAdvansix Inc.$751.0Kprior reported value-30.7K shares-100.0%