13F filing recap · Q1 2024

What did Third Avenue Management buy in Q1 2024?

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

$626.69M

Positions

Estimated turnover

14.2%

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

LAZLazard, Inc.$23.05Mreported value+550.5K shares

Increased positions

PLDPrologis, Inc.$15.22Mreported value+473 shares+0.4%WYWeyerhaeuser Company$13.32Mreported value+662 shares+0.2%AMHAmerican Homes 4 Rent$12.49Mreported value+1.1K shares+0.3%RYNRayonier Inc.$11.28Mreported value+627 shares

Reduced positions

TDWTidewater Inc$47.12Mreported value-191.4K shares-27.2%HCCWarrior Met Coal, Inc.$46.38Mreported value-203.9K shares-21.1%DBDeutsche Bank Aktiengesellschaft$39.16Mreported value-289 shares-0.0%VALValaris Limited$31.60Mreported value-83 shares

Exited positions

FIXComfort Systems Usa, Inc.$4.00Mprior reported value-19.4K shares-100.0%SPHRSphere Entertainment Co.$3.59Mprior reported value-105.6K shares-100.0%