13F filing recap · Q2 2023

What did Third Avenue Management buy in Q2 2023?

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

$605.99M

Positions

Estimated turnover

12.1%

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

SUISun Communities, Inc$1.50Mreported value+11.5K shares EQCEquity Commonwealth$1.11Mreported value+55.0K shares ITICInvestors Title Co$974.3Kreported value+6.7K shares WSRWhitestone REIT$776.0Kreported value+80.0K shares ELMEElme Communities$739.8Kreported value+45.0K shares

Increased positions

HCCWarrior Met Coal, Inc.$52.38Mreported value+1.6K shares+0.1%DBDeutsche Bank Aktiengesellschaft$31.99Mreported value+37.5K shares+1.2%VALValaris Limited$26.41Mreported value+110.5K shares+35.7%CMAComerica Inc$24.35Mreported value+94.5K shares

Reduced positions

TDWTidewater Inc$60.91Mreported value-295.4K shares-21.2%LEN.BLennar Corp /new/$24.11Mreported value-60.1K shares-22.0%DHID.r. Horton, Inc.$20.16Mreported value-33.7K shares-16.9%PLDPrologis, Inc.$18.46Mreported value-17.6K shares

Exited positions

EMEEmcor Group, Inc.$5.30Mprior reported value-32.6K shares-100.0%