13F filing recap · Q4 2023

What did Third Avenue Management buy in Q4 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

$609.27M

Positions

Estimated turnover

17.5%

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

COLLCollegium Pharmaceutical, Inc$2.56Mreported value+83.1K shares

Increased positions

DBDeutsche Bank Aktiengesellschaft$33.96Mreported value+1.2K shares+0.0%VALValaris Limited$28.80Mreported value+281 shares+0.1%CMAComerica Inc$26.58Mreported value+373 shares+0.1%ORIOld Republic International Corp$24.33Mreported value+864 shares

Reduced positions

HCCWarrior Met Coal, Inc.$59.01Mreported value-299.5K shares-23.6%TDWTidewater Inc$50.74Mreported value-105.6K shares-13.0%LEN.BLennar Corp /new/$23.29Mreported value-32.2K shares-15.6%UHAL.BU-Haul Holding Company$20.74Mreported value-17.5K shares

Exited positions

LAZLazard, Inc.$17.07Mprior reported value-550.2K shares-100.0%