Marty Whitman's Third Avenue Management Portfolio Trends in Q4 2025: Major Increases and Decreases
Third Avenue Management's portfolio, managed by Marty Whitman, reached $550 million as of December 2025. The quarter saw major increases in holdings like Boise Cascade and Brookfield Corp, while positions in Warrior Met Coal and Deutsche Bank experienced significant reductions.
Marty Whitman's Third Avenue Management portfolio, as of December 31, 2025, stood at $550 million. The quarter saw significant changes in key holdings, with some positions increasing substantially while others decreased.
Warrior Met Coal Inc. (HCC) saw a 9.13% reduction in shares, reflecting a decrease in its portfolio allocation.
Tidewater Inc. (TDW) experienced a minor decrease of 0.18% in shares during the quarter.
Boise Cascade Company (BCC) showed a substantial 57.1% increase in shares, making it one of the largest additions to the portfolio.
Valaris Ltd. (VAL) saw a slight decrease of 0.21% in shares during the period.
Brookfield Corp. (BN) experienced a significant 44.91% increase in shares, highlighting a major position build.
CBRE Group, Inc. (CBRE) saw a notable 5.07% reduction in shares, impacting its portfolio allocation.
Prologis Inc. (PLD) maintained a nearly unchanged position with a 0.04% increase in shares.
Rogers Corp. (ROG) saw a minimal increase of 0.05% in shares during the quarter.
Lennar Corp. - Class B (LEN-B) experienced a negligible 0.11% increase in shares.
Deutsche Bank AG (DB) saw a drastic 66.99% reduction in shares, significantly impacting its portfolio allocation.