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

According to the SEC 13F filed on Feb 14, 2024, the Third Avenue Management portfolio showed several notable changes in holdings as of quarter-end Dec 31, 2023. 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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