Marty Whitman's Top Holdings in Third Avenue Management Portfolio Show Significant Shifts in 2025
Marty Whitman's Third Avenue Management portfolio, valued at $550 million as of December 2025, features top holdings like Warrior Met Coal and Tidewater Inc. with notable share changes, including a 9.13% decrease in HCC and a 57.1% increase in BCC.
As of December 31, 2025, Marty Whitman's portfolio at Third Avenue Management totals approximately $550 million, with a focus on sectors like Basic Materials, Energy, and Real Estate. Below is a snapshot of the top holdings and their observable changes in shares or positions:
Third Avenue Management holds significant positions in companies like Warrior Met Coal (HCC), Tidewater Inc. (TDW), and Boise Cascade Company (BCC). For instance, HCC, which accounts for 9.35% of the portfolio, saw a 9.13% decrease in shares, while BCC experienced a substantial 57.1% increase in holdings, reflecting strategic adjustments in the Basic Materials sector.
Tidewater Inc. (TDW) and Valaris Ltd. (VAL) in the Energy sector show minor decreases of 0.18% and 0.21%, respectively, while Brookfield Corp. (BN) in Financial Services increased by 44.91%, indicating a growing confidence in the sector. Deutsche Bank AG (DB) saw a drastic 66.99% reduction in holdings, signaling a shift away from financials.
For detailed insights into each holding, including stock performance and company profiles, visit the respective links below:
- Warrior Met Coal Inc. (HCC)
- Tidewater Inc. (TDW)
- Boise Cascade Company (BCC)
- Valaris Ltd. (VAL)
- Brookfield Corp. (BN)
- CBRE Group, Inc. (CBRE)
- Prologis Inc. (PLD)
- Rogers Corp. (ROG)
- Lennar Corp. - Class B (LEN-B)
- Deutsche Bank AG (DB)
For more information on Marty Whitman's investment strategy and Third Avenue Management's holdings, visit Third Avenue Management's investor profile.