Marty Whitman - Third Avenue Management 13F Portfolio Holdings (Q2 2026)
According to the SEC 13F filed on Aug 12, 2026, the Third Avenue Management portfolio is valued at approximately $625.34M across 54 publicly traded holdings as of quarter-end Jun 30, 2026. This profile highlights the top investments led by Tidewater Inc (TDW), Boise Cascade Co (BCC), Valaris Ltd (VAL), Robert Half Inc (RHI), and others. Explore insights into portfolio composition, sector allocation, and recent trade activity.
Third Avenue Management's stock portfolio spans 54 holdings across 10 sectors, with a total market value of $625.34M. The Energy sector represents the largest allocation, while the top holdings account for nearly 51% of the total portfolio value. Tidewater Inc remains the single largest position at 10.0% of all equity investments.
Complete Holdings
Showing 54 of 54 holdings.
| Company | Symbol | Sector | Portfolio % | Shares | Change (Shares) | Change % | Value |
|---|---|---|---|---|---|---|---|
| Tidewater Inc | TDW | Energy | 9.95% | 934,121 | +12,940 | +1.40% | $62.24M |
| Boise Cascade Co | BCC | Basic Materials | 7.47% | 602,086 | +40,065 | +7.13% | $46.74M |
| Valaris Ltd | VAL | Energy | 5.99% | 516,313 | +8,127 | +1.60% | $37.48M |
| Robert Half Inc | RHI | Industrials | 5.93% | 1,208,336 | +304,431 | +33.68% | $37.10M |
| Harley-Davidson Inc | HOG | Consumer Cyclical | 5.79% | 1,480,880 | +18,210 | +1.24% | $36.22M |
| Warrior Met Coal Inc | HCC | Basic Materials | 3.70% | 285,398 | -78,604 | -21.59% | $23.16M |
| Five Point Holdings LLC | FPH | Real Estate | 3.11% | 3,696,155 | -165,007 | -4.27% | $19.48M |
| CBRE Group Inc | CBRE | Real Estate | 2.93% | 135,896 | -434 | -0.32% | $18.30M |
| Brookfield Corp | BN | Financial Services | 2.69% | 394,929 | -86,566 | -17.98% | $16.82M |
| U-Haul Holding Co | UHAL-B | Industrials | 2.62% | 283,872 | -503 | -0.18% | $16.38M |
| Prologis Inc | PLD | Real Estate | 2.27% | 104,823 | -21,122 | -16.77% | $14.20M |
| Lennar Corp | LEN-B | Consumer Cyclical | 2.12% | 149,658 | +6,815 | +4.77% | $13.28M |
| PulteGroup Inc | PHM | Consumer Cyclical | 2.09% | 95,111 | -17 | -0.02% | $13.05M |
| Encore Capital Group Inc | ECPG | Financial Services | 1.94% | 129,717 | -12,795 | -8.98% | $12.10M |
| DR Horton Inc | DHI | Consumer Cyclical | 1.80% | 69,205 | -4,631 | -6.27% | $11.27M |
| UMB Financial Corp | UMBF | Financial Services | 1.79% | 78,245 | - | - | $11.17M |
| Sun Communities Inc | SUI | Real Estate | 1.75% | 91,454 | -1 | -0.00% | $10.97M |
| Rogers Corp | ROG | Technology | 1.61% | 61,584 | -89,441 | -59.22% | $10.08M |
| Jones Lang LaSalle Inc | JLL | Real Estate | 1.59% | 32,053 | -354 | -1.09% | $9.93M |
| Fidelity National Financial In | FNF | Financial Services | 1.46% | 193,119 | -336 | -0.17% | $9.11M |
| Champion Homes Inc | SKY | Consumer Cyclical | 1.42% | 100,576 | -181 | -0.18% | $8.86M |
| FirstService Corp | FSV | Real Estate | 1.41% | 61,951 | +11,499 | +22.79% | $8.80M |
| American Homes 4 Rent | AMH | Real Estate | 1.40% | 262,058 | -462 | -0.18% | $8.78M |
| Octave Specialty Group Inc | AMBC | Financial Services | 1.34% | 1,341,879 | +668 | +0.05% | $8.37M |
| Brookdale Senior Living Inc | BKD | Healthcare | 1.27% | 494,826 | +31,162 | +6.72% | $7.96M |
| Prosperity Bancshares Inc | PB | Financial Services | 1.19% | 102,168 | - | - | $7.46M |
| ICF International Inc | ICFI | Industrials | 1.15% | 98,893 | +27,157 | +37.86% | $7.21M |
| Supernus Pharmaceuticals Inc | SUPN | Healthcare | 1.14% | 152,724 | - | - | $7.10M |
| Alamo Group Inc | ALG | Industrials | 1.11% | 42,265 | +7,933 | +23.11% | $6.95M |
| Collegium Pharmaceutical Inc | COLL | Healthcare | 1.06% | 182,645 | +27,502 | +17.73% | $6.61M |
| Catalyst Pharmaceuticals Inc | CPRX | Healthcare | 1.06% | 210,161 | - | - | $6.61M |
| MYR Group Inc | MYRG | Industrials | 1.05% | 13,066 | -15,753 | -54.66% | $6.54M |
| Atlanta Braves Holdings Inc | BATRA | Communication Services | 1.01% | 111,880 | -52,558 | -31.96% | $6.30M |
| Taylor Morrison Home Corp | TMHC | Consumer Cyclical | 0.99% | 85,941 | +85,941 | +100.00% | $6.17M |
| Investors Title Co | ITIC | Financial Services | 0.96% | 21,894 | - | - | $5.99M |
| PBF Energy Inc | PBF | Energy | 0.95% | 131,050 | - | - | $5.97M |
| WESCO International Inc | WCC | Industrials | 0.94% | 16,963 | -2,280 | -11.85% | $5.86M |
| Kaiser Aluminum Corp | KALU | Basic Materials | 0.93% | 29,848 | -33 | -0.11% | $5.84M |
| UniFirst Corp/MA | UNF | Industrials | 0.88% | 20,802 | -7,632 | -26.84% | $5.50M |
| Qualys Inc | QLYS | Technology | 0.86% | 39,120 | - | - | $5.38M |
| Central Securities Corp | CET | Financial Services | 0.85% | 101,812 | - | - | $5.34M |
| Flagstar Bank NA | NYCB | Other | 0.79% | 331,241 | - | - | $4.95M |
| SandRidge Energy Inc | SD | Energy | 0.77% | 352,558 | +21,740 | +6.57% | $4.83M |
| OceanFirst Financial Corp | OCFC | Financial Services | 0.77% | 246,662 | - | - | $4.82M |
| First Industrial Realty Trust | FR | Real Estate | 0.76% | 77,498 | -3,518 | -4.34% | $4.75M |
| LSB Industries Inc | LXU | Basic Materials | 0.66% | 381,096 | - | - | $4.12M |
| Southside Bancshares Inc | SBSI | Financial Services | 0.66% | 116,879 | - | - | $4.11M |
| BlueLinx Holdings Inc | BXC | Industrials | 0.64% | 64,369 | - | - | $3.98M |
| Maximus Inc | MMS | Industrials | 0.64% | 74,085 | +74,085 | +100.00% | $3.98M |
| Weyerhaeuser Co | WY | Real Estate | 0.62% | 162,097 | -280 | -0.17% | $3.88M |
| CRA International Inc | CRAI | Industrials | 0.47% | 20,819 | +20,819 | +100.00% | $2.96M |
| FRP Holdings Inc | FRPH | Real Estate | 0.43% | 107,160 | - | - | $2.68M |
| Compass Inc | COMP | Real Estate | 0.37% | 187,469 | - | - | $2.31M |
| Atlanta Braves Holdings Inc | BATRK | Communication Services | 0.22% | 26,027 | -77 | -0.29% | $1.35M |
Holdings by Sector
| Sector | Allocation | Value |
|---|---|---|
| Energy | 17.78% | $110.52M |
| Real Estate | 16.75% | $104.09M |
| Industrials | 15.52% | $96.46M |
| Consumer Cyclical | 14.30% | $88.85M |
| Financial Services | 13.73% | $85.30M |
| Basic Materials | 12.85% | $79.86M |
| Healthcare | 4.55% | $28.28M |
| Technology | 2.49% | $15.46M |
| Communication Services | 1.23% | $7.65M |
| Other | 0.80% | $4.95M |
Portfolio insights
According to the SEC 13F filed on Aug 12, 2026, the Third Avenue Management portfolio holds 54 securities valued at $621.42M as of quarter-end Jun 30, 2026. The Energy sector represents the largest allocation, while the top positions account for a significant portion of the total portfolio weight.