Marty Whitman - Third Avenue Management 13F Activity & Position Changes (Q4 2023)

As of Dec 31, 2023, the Third Avenue Management portfolio activity showed several notable changes in holdings, according to the latest SEC 13F filing reported on Feb 14, 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 Q4 2023, the filing reported:

New Buys - Collegium Pharmaceutical, Inc.

Increases - Brookfield Asset Management Ltd., Atlanta Braves Holdings, Inc. -, CBRE Group Inc, Comerica Incorporated, Deutsche Bank, and 8 more

Reductions - American Homes 4 Rent, Brookfield Corporation, D.R. Horton, Inc., Comfort Systems USA, Inc., FNF Group of Fidelity National , and 17 more

Complete Exits - None reported

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
Q4 2023	AMH American Homes 4 Rent	American Homes 4 Rent	Sell	-16,882	-4.8%	$12.17M	338,379
Q4 2023	BAM Brookfield Asset Management Ltd.	Brookfield Asset Management Ltd.	Buy	+1,233	+0.9%	$5.29M	131,670
Q4 2023	BATRK Atlanta Braves Holdings, Inc. -	Atlanta Braves Holdings, Inc. -	Buy	+300	+1.2%	$1.03M	26,000
Q4 2023	BN Brookfield Corporation	Brookfield Corporation	Sell	-32,078	-6.2%	$19.59M	488,274
Q4 2023	CBRE CBRE Group Inc	CBRE Group Inc	Buy	+1,298	+0.7%	$16.96M	182,200
Q4 2023	CMA Comerica Incorporated	Comerica Incorporated	Buy	+373	+0.1%	$26.58M	476,269
Q4 2023	COLL Collegium Pharmaceutical, Inc.	Collegium Pharmaceutical, Inc.	Buy - Position Entry	+83,120	-	$2.56M	83,120
Q4 2023	DB Deutsche Bank	Deutsche Bank	Buy	+1,228	+0.0%	$33.96M	2,486,569
Q4 2023	DHI D.R. Horton, Inc.	D.R. Horton, Inc.	Sell	-35,816	-22.6%	$18.69M	122,998
Q4 2023	FIX Comfort Systems USA, Inc.	Comfort Systems USA, Inc.	Sell	-6,270	-24.4%	$4.00M	19,434
Q4 2023	FNF FNF Group of Fidelity National	FNF Group of Fidelity National	Sell	-3,254	-2.7%	$6.02M	117,953
Q4 2023	FPH Five Point Holdings, LLC	Five Point Holdings, LLC	Sell	-451,079	-12.0%	$10.12M	3,294,796
Q4 2023	FR First Industrial Realty Trust,	First Industrial Realty Trust,	Sell	-2,910	-1.8%	$8.16M	154,848
Q4 2023	HA		Sell	-746,546	-47.8%	$11.58M	815,579
Q4 2023	HBB Hamilton Beach Brands Holding C	Hamilton Beach Brands Holding C	Sell	-111,827	-19.6%	$8.00M	457,577
Q4 2023	HCC Warrior Met Coal, Inc.	Warrior Met Coal, Inc.	Sell	-299,454	-23.6%	$59.01M	967,899
Q4 2023	ITIC Investors Title Company	Investors Title Company	Buy	+9,565	+32.3%	$6.35M	39,164
Q4 2023	IVT InvenTrust Properties Corp.	InvenTrust Properties Corp.	Sell	-16,745	-3.9%	$10.53M	415,675
Q4 2023	JLL Jones Lang LaSalle Incorporated	Jones Lang LaSalle Incorporated	Sell	-22,268	-30.0%	$9.82M	51,990
Q4 2023	KALU Kaiser Aluminum Corporation	Kaiser Aluminum Corporation	Buy	+14,018	+14.5%	$7.88M	110,739
Q4 2023	LEN-B Lennar Corporation	Lennar Corporation	Sell	-32,162	-15.6%	$23.29M	173,710
Q4 2023	LOW Lowe's Companies, Inc.	Lowe's Companies, Inc.	Sell	-27,262	-47.8%	$6.62M	29,730
Q4 2023	LXU LSB Industries, Inc.	LSB Industries, Inc.	Buy	+442,596	+1445.5%	$4.41M	473,214
Q4 2023	MYRG MYR Group, Inc.	MYR Group, Inc.	Sell	-13,049	-16.1%	$9.80M	67,757
Q4 2023	ORI Old Republic International Corp	Old Republic International Corp	Buy	+864	+0.1%	$24.33M	827,421
Q4 2023	PLD Prologis, Inc.	Prologis, Inc.	Sell	-6,316	-5.1%	$15.51M	116,373
Q4 2023	RYN Rayonier Inc. REIT	Rayonier Inc. REIT	Sell	-79,472	-19.0%	$11.32M	338,721
Q4 2023	SEB Seaboard Corporation	Seaboard Corporation	Buy	+1	+0.0%	$8.33M	2,334
Q4 2023	SPHR Sphere Entertainment Co.	Sphere Entertainment Co.	Sell	-5,669	-5.1%	$3.59M	105,583
Q4 2023	SUI Sun Communities, Inc.	Sun Communities, Inc.	Buy	+14,107	+38.6%	$6.77M	50,634

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