Marty Whitman - Third Avenue Management 13F Activity & Position Changes (Q3 2015)

According to the SEC 13F filed on Aug 12, 2026, the Third Avenue Management portfolio showed several notable changes in holdings as of quarter-end Sep 30, 2015. 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 Q3 2015, the filing reported:

New Buys - iShares Core S&P U.S. Value ETF, Kennedy-Wilson Holdings Inc., Southside Bancshares, Inc., SPDR S&P 500, Visteon Corporation

Increases - ANI Pharmaceuticals, Inc., Brookfield Asset Management Ltd., Brookdale Senior Living Inc., Commerce Bancshares, Inc., CNH Industrial, and 25 more

Reductions - ABM Industries Incorporated, AGCO Corporation, Ares Dynamic Credit Allocation , Barnes Group, Inc., The Bank of New York Mellon Cor, and 24 more

Complete Exits - SunCoke Energy, Inc.

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
Q3 2015	ABM ABM Industries Incorporated	ABM Industries Incorporated	Sell	-68,856	-28.6%	$4.69K	171,701
Q3 2015	AGCO AGCO Corporation	AGCO Corporation	Sell	-65,971	-3.5%	$85.67K	1,837,243
Q3 2015	ANIP ANI Pharmaceuticals, Inc.	ANI Pharmaceuticals, Inc.	Buy	+7,926	+15.3%	$2.36K	59,716
Q3 2015	ARDC Ares Dynamic Credit Allocation	Ares Dynamic Credit Allocation	Sell	-53,688	-17.5%	$3.55K	253,978
Q3 2015	B Barnes Group, Inc.	Barnes Group, Inc.	Sell	-11,614	-4.4%	$9.06K	251,271
Q3 2015	BAM Brookfield Asset Management Ltd.	Brookfield Asset Management Ltd.	Buy	+445,461	+10.8%	$144.25K	4,588,281
Q3 2015	BK The Bank of New York Mellon Cor	The Bank of New York Mellon Cor	Sell	-193,799	-5.8%	$123.58K	3,156,638
Q3 2015	BKD Brookdale Senior Living Inc.	Brookdale Senior Living Inc.	Buy	+2,404,007	+69.4%	$134.72K	5,867,732
Q3 2015	BTZ BlackRock Credit Allocation Inc	BlackRock Credit Allocation Inc	Sell	-427,054	-51.0%	$4.99K	409,999
Q3 2015	CBSH Commerce Bancshares, Inc.	Commerce Bancshares, Inc.	Buy	+49	+0.0%	$9.08K	199,269
Q3 2015	CFR Cullen/Frost Bankers, Inc.	Cullen/Frost Bankers, Inc.	Sell	-14,637	-11.8%	$6.97K	109,634
Q3 2015	CMA Comerica Incorporated	Comerica Incorporated	Sell	-381,844	-12.8%	$106.50K	2,591,334
Q3 2015	CNH CNH Industrial	CNH Industrial	Buy	+291,842	+89.7%	$4.02K	617,057
Q3 2015	CSGS CSG Systems International, Inc.	CSG Systems International, Inc.	Sell	-16,900	-5.3%	$9.31K	302,329
Q3 2015	CVCO Cavco Industries, Inc.	Cavco Industries, Inc.	Sell	-38,642	-2.7%	$94.49K	1,387,781
Q3 2015	DORM Dorman Products, Inc.	Dorman Products, Inc.	Buy	+8,040	+5.4%	$7.95K	156,173
Q3 2015	DVN Devon Energy Corporation	Devon Energy Corporation	Sell	-433,933	-27.9%	$41.52K	1,119,426
Q3 2015	EME EMCOR Group, Inc.	EMCOR Group, Inc.	Sell	-26,270	-13.6%	$7.38K	166,899
Q3 2015	EQC Equity	Equity	Buy	+62,400	+1.7%	$101.01K	3,708,155
Q3 2015	FCN FTI Consulting, Inc.	FTI Consulting, Inc.	Sell	-76,590	-26.6%	$8.75K	210,845
Q3 2015	FLWS 1-800-FLOWERS.COM, Inc.	1-800-FLOWERS.COM, Inc.	Buy	+306,676	+88.5%	$5.94K	653,109
Q3 2015	FR First Industrial Realty Trust,	First Industrial Realty Trust,	Buy	+912,700	+13.8%	$157.72K	7,528,218
Q3 2015	G Genpact	Genpact	Buy	+80	+0.0%	$10.05K	425,885
Q3 2015	G0457F107 Arcos Dorados	Arcos Dorados	Buy	+362,261	+26.2%	$4.74K	1,743,763
Q3 2015	G9618E107 White Mountains	White Mountains	Sell	-20,961	-16.0%	$82.13K	109,906
Q3 2015	GM General Motors Company	General Motors Company	Sell	-61,499	-3.2%	$56.09K	1,868,285
Q3 2015	H Hyatt Hotels Corporation	Hyatt Hotels Corporation	Buy	+6,100	+1.3%	$22.72K	482,381
Q3 2015	HOUS Anywhere Real Estate Inc.	Anywhere Real Estate Inc.	Buy	+23,200	+1.4%	$63.56K	1,689,009
Q3 2015	HYB New America High Income Fund, I	New America High Income Fund, I	Buy	+13,486	+2.3%	$4.75K	595,362
Q3 2015	HYI Western Asset High Yield Define	Western Asset High Yield Define	Buy	+12,272	+2.2%	$7.88K	562,522

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