THIRD AVENUE MANAGEMENT LLC
CIK 1099281 · Holdings on Dec 31, 2025 · First reported Feb 12, 2026
Top ten holdings
Q4 2025- HCC9.35%
- TDW8.01%
- BCC5.75%
- VAL5.35%
- BN4.57%
- CBRE4.29%
- FPH4.18%
- PLD3.37%
- ROG3.32%
- LEN.B2.56%
Share classes counted separately50.75%
Portfolio value by quarter
What changed this quarter?
Within preview · weight change- BCCWeight increased · +1.77 pp3.98% → 5.75%Shares +156.29K (+57.10%)
- HCCWeight increased · +1.41 pp7.94% → 9.35%Shares -58.60K (-9.13%)
- TDWWeight decreased · -0.99 pp9.00% → 8.01%Shares -1.60K (-0.18%)
Weight = security value ÷ total reported holdings value. Changes are in percentage points; price moves also affect weights, so they are not trade sizes.
Top 10 holdings 30
USD · B = billion · M = million; expand a row for exact values| # | Security | Value | Weight | Quantity | Weight / quantity change | Activity | |
|---|---|---|---|---|---|---|---|
| 01 | HCCWARRIOR MET COAL INC View history and evidence | $51.43M | 9.35% | 583.32K shares | 7.94% → 9.35%+1.41 pp -58.60K (-9.13%) | Reduced | ↗▾ |
| 02 | TDWTIDEWATER INC View history and evidence | $44.10M | 8.01% | 873.07K shares | 9.00% → 8.01%-0.99 pp -1.60K (-0.18%) | Reduced | ↗▾ |
| 03 | BCCBOISE CASCADE CO View history and evidence | $31.65M | 5.75% | 430.00K shares | 3.98% → 5.75%+1.77 pp +156.29K (+57.10%) | Added | ↗▾ |
| 04 | VALVALARIS LTD View history and evidence | $29.45M | 5.35% | 584.37K shares | 5.63% → 5.35%-0.28 pp -1.23K (-0.21%) | Reduced | ↗▾ |
| 05 | BNBROOKFIELD CORP View history and evidence | $25.15M | 4.57% | 548.12K shares | 4.82% → 4.57%-0.25 pp +169.87K (+44.91%) | Added | ↗▾ |
| 06 | CBRECBRE GROUP INC - A View history and evidence | $23.61M | 4.29% | 146.84K shares | 4.55% → 4.29%-0.26 pp -7.84K (-5.07%) | Reduced | ↗▾ |
| 07 | FPHFIVE POINT HOLDINGS LLC-CL A View history and evidence | $23.00M | 4.18% | 4.11M shares | 4.73% → 4.18%-0.55 pp 0 (0.00%) | Unchanged | ↗▾ |
| 08 | PLDPROLOGIS INC View history and evidence | $18.57M | 3.37% | 145.45K shares | 3.18% → 3.37%+0.19 pp +57 (+0.04%) | Added | ↗▾ |
| 09 | ROGROGERS CORP View history and evidence | $18.27M | 3.32% | 199.47K shares | 3.06% → 3.32%+0.26 pp +106 (+0.05%) | Added | ↗▾ |
| 10 | LEN.BLENNAR CORP - B SHSCL B View history and evidence | $14.08M | 2.56% | 148.01K shares | 3.39% → 2.56%-0.83 pp +165 (+0.11%) | Added | ↗▾ |
Options overlay 0
No options reported this quarter.
Exited positions 3
| Security | Type | Shares out | Value out | Previous filing | This filing |
|---|---|---|---|---|---|
| CMA COMERICA INC | Non-derivative | -156,314 | -$10.80M | SEC filing ↗ | SEC filing ↗ |
| SEB SEABOARD CORP | Non-derivative | -1,015 | -$3.76M | SEC filing ↗ | SEC filing ↗ |
| VC VISTEON CORP | Non-derivative | -10,298 | -$1.25M | SEC filing ↗ | SEC filing ↗ |
3 / 3 preview exits. Up to 30 exit records are previewed. Exit means absent from the current filing; execution date, price and proceeds are unknown.
Every number has a source.
CIK 1099281 · Period 2025-12-31
Data loaded 2026-09-23 · First reported 2026-02-12
Amendments and versions
{
"amendments_merged": null,
"prior_versions": null,
"cover_table_value": 550214835
}Research all 51 reported holdings.
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