Marty Whitman - Third Avenue Management 13F Activity & Position Changes (Q1 2024)

As of Mar 31, 2024, the Third Avenue Management portfolio activity showed several notable changes in holdings, according to the latest SEC 13F filing reported on May 13, 2024. The activity included new positions, additions to existing holdings, reductions, and complete exits, providing a clear view of how the portfolio evolved during the quarter.

During Q1 2024, the filing reported:

New Buys - Lazard, Inc.

Increases - American Homes 4 Rent, Atlanta Braves Holdings, Inc. -, Collegium Pharmaceutical, Inc., Elme Communities, Five Point Holdings, LLC, and 7 more

Reductions - Brookfield Corporation, Comerica Incorporated, Deutsche Bank, , Hamilton Beach Brands Holding C, and 9 more

Complete Exits - Comfort Systems USA, Inc., Sphere Entertainment Co.

These updates highlight how the portfolio adjusted across different sectors and market conditions, offering insights into allocation shifts and investment trends.

Date	Symbol	Name	Type	Change Qty	% Change	Value	Remaining
Q1 2024	AMH American Homes 4 Rent	American Homes 4 Rent	Buy	+1,129	+0.3%	$12.49M	339,508
Q1 2024	BATRK Atlanta Braves Holdings, Inc. -	Atlanta Braves Holdings, Inc. -	Buy	+157	+0.6%	$1.02M	26,157
Q1 2024	BN Brookfield Corporation	Brookfield Corporation	Sell	-3,702	-0.8%	$20.29M	484,572
Q1 2024	CMA Comerica Incorporated	Comerica Incorporated	Sell	-137	-0.0%	$26.18M	476,132
Q1 2024	COLL Collegium Pharmaceutical, Inc.	Collegium Pharmaceutical, Inc.	Buy	+25,000	+30.1%	$4.20M	108,120
Q1 2024	DB Deutsche Bank	Deutsche Bank	Sell	-289	-0.0%	$39.16M	2,486,280
Q1 2024	ELME Elme Communities	Elme Communities	Buy	+28,000	+43.1%	$1.29M	93,000
Q1 2024	FIX Comfort Systems USA, Inc.	Comfort Systems USA, Inc.	Sell - Position Exit	-19,434	-100.0%	$0.00	-
Q1 2024	FPH Five Point Holdings, LLC	Five Point Holdings, LLC	Buy	+8,867	+0.3%	$10.34M	3,303,663
Q1 2024	FR First Industrial Realty Trust,	First Industrial Realty Trust,	Buy	+415	+0.3%	$8.16M	155,263
Q1 2024	HA		Sell	-129,568	-15.9%	$9.14M	686,011
Q1 2024	HBB Hamilton Beach Brands Holding C	Hamilton Beach Brands Holding C	Sell	-140,264	-30.7%	$7.73M	317,313
Q1 2024	HCC Warrior Met Coal, Inc.	Warrior Met Coal, Inc.	Sell	-203,881	-21.1%	$46.38M	764,018
Q1 2024	ICFI ICF International, Inc.	ICF International, Inc.	Sell	-13,510	-23.4%	$6.67M	44,269
Q1 2024	IVT InvenTrust Properties Corp.	InvenTrust Properties Corp.	Sell	-232,379	-55.9%	$4.71M	183,296
Q1 2024	LAZ Lazard, Inc.	Lazard, Inc.	Buy - Position Entry	+550,472	-	$23.05M	550,472
Q1 2024	LEN-B Lennar Corporation	Lennar Corporation	Sell	-6,416	-3.7%	$25.79M	167,294
Q1 2024	LOW Lowe's Companies, Inc.	Lowe's Companies, Inc.	Sell	-2,595	-8.7%	$6.91M	27,135
Q1 2024	LXU LSB Industries, Inc.	LSB Industries, Inc.	Buy	+314,695	+66.5%	$6.92M	787,909
Q1 2024	PLD Prologis, Inc.	Prologis, Inc.	Buy	+473	+0.4%	$15.22M	116,846
Q1 2024	PRA ProAssurance Corporation	ProAssurance Corporation	Buy	+169,484	+38.2%	$7.88M	613,103
Q1 2024	RYN Rayonier Inc. REIT	Rayonier Inc. REIT	Buy	+627	+0.2%	$11.28M	339,348
Q1 2024	SPHR Sphere Entertainment Co.	Sphere Entertainment Co.	Sell - Position Exit	-105,583	-100.0%	$0.00	-
Q1 2024	STC Stewart Information Services Co	Stewart Information Services Co	Sell	-11,806	-69.4%	$337.92K	5,194
Q1 2024	SUI Sun Communities, Inc.	Sun Communities, Inc.	Buy	+36,544	+72.2%	$11.21M	87,178
Q1 2024	TDW Tidewater Inc.	Tidewater Inc.	Sell	-191,411	-27.2%	$47.12M	512,220
Q1 2024	TPHS Trinity Place Holdings Inc.	Trinity Place Holdings Inc.	Sell	-1,018,314	-19.9%	$616.42K	4,109,472
Q1 2024	VAL Valaris Ltd	Valaris Ltd	Sell	-83	-0.0%	$31.60M	419,924
Q1 2024	WY Weyerhaeuser Company	Weyerhaeuser Company	Buy	+662	+0.2%	$13.32M	370,804