Marty Whitman – Third Avenue Management Portfolio Activity & Recent Trades (Jun 30, 2025)

As of Jun 30, 2025, the Third Avenue Management portfolio activity showed several notable changes in holdings, according to the latest SEC 13F filing reported on Aug 13, 2025. The activity included new positions, additions to existing holdings, reductions, and complete exits, providing a clear view of how the portfolio evolved during the quarter.

During Q2 2025, the filing reported:

New Buys – Cantaloupe, Inc. (CTLP), Champion Homes, Inc. (SKY), Visteon Corporation (VC)

Increases – Ambac Financial Group, Inc. (AMBC), Tidewater Inc. (TDW), OceanFirst Financial Corp. (OCFC), PulteGroup, Inc. (PHM), Warrior Met Coal, Inc. (HCC), and 8 more

Reductions – UMB Financial Corporation (UMBF), Jones Lang LaSalle Incorporated (JLL), Seaboard Corporation (SEB), Rayonier Inc. REIT (RYN), CBRE Group Inc (CBRE), and 14 more

Complete Exits – U-Haul Holding Company (UHAL), Green Brick Partners, Inc. (GRBK), Stewart Information Services Co (STC), PotlatchDeltic Corporation - Co (PCH), Corporacion Inmobiliaria Vesta, (VTMX), and 7 more

These updates highlight how the portfolio adjusted across different sectors and market conditions, offering insights into allocation shifts and investment trends.

Third Avenue Management Activity

Date	Symbol	Name	Type	Quantity	Value	Remaining
Q3 2019Sep 30, 2019	PNC PNC Financial Services Group, I	PNC Financial Services Group, I	Buy	+5,285+2.0%	$37.95K	270,724
Q3 2019Sep 30, 2019	UHAL U-Haul Holding Company	U-Haul Holding Company	Buy	+584+0.8%	$29.40K	75,379
Q3 2019Sep 30, 2019	HA		Sell	-2-0.0%	$37.16K	1,414,859
Q3 2019Sep 30, 2019	UNF Unifirst Corporation	Unifirst Corporation	Sell	-5,648-18.8%	$4.75K	24,354
Q3 2019Sep 30, 2019	VVI Viad Corp	Viad Corp	Sell	-7,221-8.6%	$5.14K	76,557
Q3 2019Sep 30, 2019	LOW Lowe's Companies, Inc.	Lowe's Companies, Inc.	Sell	-15,144-6.5%	$23.89K	217,258
Q3 2019Sep 30, 2019	FCN FTI Consulting, Inc.	FTI Consulting, Inc.	Sell	-16,870-16.3%	$9.21K	86,869
Q3 2019Sep 30, 2019	UMBF UMB Financial Corporation	UMB Financial Corporation	Sell	-29,043-19.3%	$7.87K	121,780
Q3 2019Sep 30, 2019	ASIX AdvanSix Inc.	AdvanSix Inc.	Sell - Position Exit	-30,709-100.0%	$0.00	-
Q3 2019Sep 30, 2019	FR First Industrial Realty Trust,	First Industrial Realty Trust,	Sell	-39,772-5.6%	$26.75K	676,266
Q3 2019Sep 30, 2019	BAM Brookfield Asset Management Inc	Brookfield Asset Management Inc	Sell	-44,993-2.8%	$84.07K	1,583,511
Q3 2019Sep 30, 2019	PB Prosperity Bancshares, Inc.	Prosperity Bancshares, Inc.	Sell	-49,737-44.9%	$4.32K	61,148
Q3 2019Sep 30, 2019	CMA Comerica Incorporated	Comerica Incorporated	Sell	-67,193-15.1%	$25.01K	378,962
Q3 2019Sep 30, 2019	VC Visteon Corporation	Visteon Corporation	Sell	-76,667-40.6%	$9.25K	112,063
Q3 2019Sep 30, 2019	FNF FNF Group of Fidelity National	FNF Group of Fidelity National	Sell	-125,884-27.1%	$15.06K	339,016
Q3 2019Sep 30, 2019	RYN Rayonier Inc. REIT	Rayonier Inc. REIT	Sell	-184,173-9.1%	$52.02K	1,844,644
Q3 2019Sep 30, 2019	AKR Acadia Realty Trust	Acadia Realty Trust	Sell	-211,951-18.5%	$26.70K	934,173
Q3 2019Sep 30, 2019	TRC Tejon Ranch Co	Tejon Ranch Co	Sell	-298,968-30.3%	$11.64K	686,108
Q3 2019Sep 30, 2019	MAC Macerich Company (The)	Macerich Company (The)	Sell	-305,689-21.5%	$35.31K	1,117,835
Q3 2019Sep 30, 2019	LEN Lennar Corporation	Lennar Corporation	Sell	-362,415-27.8%	$52.70K	943,577
Q3 2019Sep 30, 2019	FPH Five Point Holdings, LLC	Five Point Holdings, LLC	Sell	-566,773-4.9%	$82.68K	11,024,313
Q3 2019Sep 30, 2019	WY Weyerhaeuser Company	Weyerhaeuser Company	Sell	-899,448-21.9%	$88.59K	3,198,359
Q3 2019Sep 30, 2019	H8817H100 Transocean	Transocean	Sell - Position Exit	-1,521,285-100.0%	$0.00	-
Q2 2019Jun 30, 2019	TPHS Trinity Place Holdings Inc.	Trinity Place Holdings Inc.	Buy	+647,578+12.9%	$22.43K	5,679,728
Q2 2019Jun 30, 2019	SRG Seritage Growth Properties	Seritage Growth Properties	Buy - Position Entry	+317,524	$13.64K	317,524
Q2 2019Jun 30, 2019	TDW Tidewater Inc.	Tidewater Inc.	Buy	+158,043+6.5%	$61.08K	2,601,313
Q2 2019Jun 30, 2019	VC Visteon Corporation	Visteon Corporation	Buy	+52,615+38.7%	$11.06K	188,730
Q2 2019Jun 30, 2019	HA		Buy	+47,019+3.4%	$38.81K	1,414,861
Q2 2019Jun 30, 2019	AGX Argan, Inc.	Argan, Inc.	Buy	+44,142+49.6%	$5.40K	133,142
Q2 2019Jun 30, 2019	FPH Five Point Holdings, LLC	Five Point Holdings, LLC	Buy	+34,718+0.3%	$87.17K	11,591,086

Page 29 of 79 • 2341 total trades

«‹

27 28 29 30 31

›»