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

As of Sep 30, 2015, 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 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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