Marty Whitman - Third Avenue Management Portfolio Position Sizes (Q1 2026)

As of Mar 31, 2026, the Third Avenue Management portfolio balances reported a total equity value of $616.04M across 53 publicly traded holdings. These balances reflect the most recent SEC 13F filing dated May 13, 2026, providing an updated snapshot of assets under management.

The portfolio balances highlight Tidewater Inc. (TDW) as the single largest position, accounting for 12.5% of total equity value, followed by Valaris Ltd. (VAL), Boise Cascade Company (BCC), Warrior Met Coal Inc. (HCC), and others. Collectively, the top five holdings represent 37.8% of the portfolio, showing how capital is distributed among core positions and long-term investments.