Marty Whitman - Third Avenue Management Portfolio Performance Analysis (Q1 2026)
Investment performance metrics based on historical 13F filings data.
Data Coverage: June 2013 to March 2026 • Initial Portfolio Value: $0.00B
Performance calculated from first filing in our database. This may not represent the investor's entire career.
Portfolio Growth (Since First Filing)
+0.61B
+9,999%+
Winning Positions
+51.25%
123 wins / 240 positions
Average Gain (Winners)
$4.20M
+9,999%+ avg per position
Active Positions
53
100 losing positions
Portfolio Value Over Time
Total Positions Tracked
240
All holdings over time
Win/Loss Ratio
1.23
123 gains / 100 losses
Active vs. Exited
53 / 187
Current positions / Exited
Position Performance
Performance calculated from first appearance in 13F filings. Initial values represent position value when first tracked, not actual purchase prices.
| Symbol | Company | Sector | Entry | Status | Initial Value | Current Value | Gain/Loss | Return % |
|---|---|---|---|---|---|---|---|---|
| TDW | Tidewater Inc. | Energy | Sep 2017 | ACTIVE | $18.45K | $76.96M | $76.95M | +9,999%+ |
| VAL | Valaris Ltd | Energy | Sep 2021 | ACTIVE | $10.81K | $49.82M | $49.81M | +9,999%+ |
| HCC | Warrior Met Coal, Inc. | Basic Materials | Dec 2017 | ACTIVE | $17.26K | $33.91M | $33.89M | +9,999%+ |
| BCC | Boise Cascade, L.L.C. | Basic Materials | Sep 2025 | ACTIVE | $21.18M | $42.63M | $21.45M | +101.28% |
| FPH | Five Point Holdings, LLC | Real Estate | Jun 2017 | ACTIVE | $36.41K | $18.69M | $18.65M | +9,999%+ |
| CBRE | CBRE Group Inc | Real Estate | Mar 2020 | ACTIVE | $8.87K | $18.47M | $18.46M | +9,999%+ |
| PLD | Prologis, Inc. | Real Estate | Jun 2013 | ACTIVE | $335.00 | $16.65M | $16.65M | +9,999%+ |
| DB | Deutsche Bank | N/A | Jun 2017 | EXITED | $7.12K | $13.00M | $13.00M | +9,999%+ |
| LEN-B | Lennar Corporation | Consumer Cyclical | Dec 2016 | ACTIVE | $392.00 | $12.02M | $12.02M | +9,999%+ |
| CMA | Comerica Incorporated | Financial Services | Jun 2013 | EXITED | $98.34K | $10.80M | $10.70M | +9,999%+ |
Important Note: Data Limitations
These metrics are based on 13F filing data which has significant limitations:
- Quarterly Snapshots Only: 13F filings show positions at quarter-end, not actual transaction prices
- No Transaction Prices: We cannot determine actual buy/sell prices, only end-of-quarter values
- Performance Estimates: Gains/losses are calculated from first appearance to last update using quarterly values
- Missing Data: Intra-quarter trades, dividends, corporate actions, and exact timing are not captured
- Educational Only: These metrics are estimates for understanding general investment patterns, not actual realized returns
Use these metrics for informational and educational purposes only. They represent broad trends, not precise investment performance.