Marty Whitman's March 31, 2026 Portfolio Update
Marty Whitman's Third Avenue Management portfolio, valued at $616 million as of March 31, 2026, shows significant changes in Energy and Basic Materials holdings, including increases in Tidewater and Boise Cascade, alongside decreases in Valaris and Warrior Met Coal.
Marty Whitman's Third Avenue Management portfolio, valued at $616 million as of March 31, 2026, reflects strategic adjustments across various sectors.
Tidewater Inc. (TDW), an Energy company, saw its position grow by 5.5% in shares, now representing 12.49% of the portfolio. The stock's value within the fund increased to $76.96 million.
Valaris Ltd. (VAL), another Energy stock, experienced a significant reduction, with shares down 13.04% and now holding 8.09% ($49.82 million) of the portfolio.
Boise Cascade Company (BCC), a Basic Materials stock, showed a substantial increase of 30.7% in shares, now accounting for 6.92% ($42.63 million) of the portfolio.
Warrior Met Coal Inc. (HCC), also in Basic Materials, saw its position decrease sharply by 37.6%, now representing 5.5% ($33.91 million) of the portfolio.
Harley-Davidson Inc. (HOG) and Robert Half, Inc. (RHI) were both added to the portfolio with 100% increases in shares, now holding 4.8% ($29.58 million) and 3.73% ($22.96 million) respectively.
Other notable changes include a 12.16% decrease in Brookfield Corp. (BN), a 6.14% reduction in Five Point Holdings (FPH), a 7.15% decrease in CBRE Group (CBRE), and a 13.41% reduction in Prologis (PLD), all impacting their respective portfolio allocations.