Marty Whitman - Third Avenue Management 13F Activity & Position Changes (Q2 2014)

As of Jun 30, 2014, the Third Avenue Management portfolio activity showed several notable changes in holdings, according to the latest SEC 13F filing reported on May 13, 2026. 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 Q2 2014, the filing reported:

New Buys - AGCO Corporation, American International Group, I, Ally Financial Inc., L.B. Foster Company, Arcos Dorados, and 4 more

Increases - Ares Dynamic Credit Allocation , BlackRock Credit Allocation Inc, Commerce Bancshares, Inc., Comerica Incorporated, CSG Systems International, Inc., and 16 more

Reductions - ABM Industries Incorporated, Alico, Inc., Alamo Group, Inc., American Homes 4 Rent, Brookfield Asset Management Inc, and 37 more

Complete Exits - Alexander's, Inc., , Cass Information Systems, Inc, Compass Minerals Intl Inc, Denison Mines Corp, and 7 more

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
Q2 2014	ABM ABM Industries Incorporated	ABM Industries Incorporated	Sell	-95,509	-12.8%	$17.54K	650,038
Q2 2014	AGCO AGCO Corporation	AGCO Corporation	Buy - Position Entry	+1,006,478	-	$56.58K	1,006,478
Q2 2014	AIG American International Group, I	American International Group, I	Buy - Position Entry	+10,000	-	$546.00	10,000
Q2 2014	ALCO Alico, Inc.	Alico, Inc.	Sell	-9,604	-2.9%	$12.21K	325,613
Q2 2014	ALG Alamo Group, Inc.	Alamo Group, Inc.	Sell	-15,351	-3.3%	$24.05K	444,650
Q2 2014	ALLY Ally Financial Inc.	Ally Financial Inc.	Buy - Position Entry	+139,500	-	$3.33K	139,500
Q2 2014	ALX Alexander's, Inc.	Alexander's, Inc.	Sell - Position Exit	-5,000	-100.0%	$0.00	-
Q2 2014	AMH American Homes 4 Rent	American Homes 4 Rent	Sell	-194,503	-22.1%	$12.19K	686,217
Q2 2014	ARDC Ares Dynamic Credit Allocation	Ares Dynamic Credit Allocation	Buy	+6,354	+1.9%	$6.11K	335,357
Q2 2014	BAM Brookfield Asset Management Inc	Brookfield Asset Management Inc	Sell	-814,571	-19.6%	$147.29K	3,346,018
Q2 2014	BIG		Sell - Position Exit	-546,692	-100.0%	$0.00	-
Q2 2014	BK The Bank of New York Mellon Cor	The Bank of New York Mellon Cor	Sell	-267,528	-5.1%	$188.47K	5,028,544
Q2 2014	BKD Brookdale Senior Living Inc.	Brookdale Senior Living Inc.	Sell	-41,533	-2.2%	$61.52K	1,845,332
Q2 2014	BR Broadridge Financial Solutions,	Broadridge Financial Solutions,	Sell	-50,971	-13.0%	$14.26K	342,387
Q2 2014	BTZ BlackRock Credit Allocation Inc	BlackRock Credit Allocation Inc	Buy	+18,323	+1.8%	$14.43K	1,049,551
Q2 2014	CALM Cal-Maine Foods, Inc.	Cal-Maine Foods, Inc.	Sell	-193,701	-48.1%	$15.53K	208,915
Q2 2014	CASS Cass Information Systems, Inc	Cass Information Systems, Inc	Sell - Position Exit	-97,070	-100.0%	$0.00	-
Q2 2014	CBSH Commerce Bancshares, Inc.	Commerce Bancshares, Inc.	Buy	+91,578	+19.8%	$25.82K	555,166
Q2 2014	CFR Cullen/Frost Bankers, Inc.	Cullen/Frost Bankers, Inc.	Sell	-29,400	-12.8%	$15.95K	200,830
Q2 2014	CMA Comerica Incorporated	Comerica Incorporated	Buy	+146,307	+6.1%	$128.24K	2,556,661
Q2 2014	CMP Compass Minerals Intl Inc	Compass Minerals Intl Inc	Sell - Position Exit	-464,147	-100.0%	$0.00	-
Q2 2014	CSGS CSG Systems International, Inc.	CSG Systems International, Inc.	Buy	+102,454	+10.0%	$29.52K	1,130,753
Q2 2014	CVCO Cavco Industries, Inc.	Cavco Industries, Inc.	Sell	-208,867	-10.8%	$147.30K	1,726,891
Q2 2014	DAR Darling Ingredients Inc.	Darling Ingredients Inc.	Buy	+44,174	+3.3%	$28.82K	1,379,021
Q2 2014	DNN Denison Mines Corp	Denison Mines Corp	Sell - Position Exit	-1,245,100	-100.0%	$0.00	-
Q2 2014	DVN Devon Energy Corporation	Devon Energy Corporation	Sell	-491,477	-19.2%	$164.46K	2,071,231
Q2 2014	EME EMCOR Group, Inc.	EMCOR Group, Inc.	Sell	-122,013	-13.0%	$36.27K	814,436
Q2 2014	ENS EnerSys	EnerSys	Sell	-73,404	-12.8%	$34.37K	499,585
Q2 2014	EXLS ExlService Holdings, Inc.	ExlService Holdings, Inc.	Buy	+93,804	+20.5%	$16.21K	550,283
Q2 2014	FCN FTI Consulting, Inc.	FTI Consulting, Inc.	Sell	-63,353	-6.5%	$34.26K	905,782

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