Third Avenue Management LLC
In its 13F for Q2 2026 (holdings as of June 30, 2026, filed August 12, 2026), Third Avenue Management LLC reported 55 stock positions worth $625.3 million. Its top holding was Tidewater (TDW) at 10.0% of the portfolio, followed by Boise Cascade (BCC, 7.5%) and Valaris (VAL, 6.0%). Compared with Q1 2026, it opened 4 new positions, sold out of 2, added to 13 and reduced 23. The biggest buy was Robert Half (RHI, shares +34%) and the biggest sale Warrior Met Coal (HCC, shares −22%).
- Most Recent 13F
- Q2 2026
- Location
- NEW YORK, NY
- CIK
- 0001099281
- Portfolio Value
- $625.3M (Q2 2026)
- SEC Filing
- 0001099281-26-000008 ↗ filed Aug 12, 2026
Holdings Value
Holdings 55 stocks · $625.3M
| TDW Tidewater Inc. | 9.95% | 934,121 | $62.2M | Add +1.4% |
| BCC Boise Cascade Co. | 7.47% | 602,086 | $46.7M | Add +7.1% |
| VAL Valaris Ltd. | 5.99% | 516,313 | $37.5M | Add +1.6% |
| RHI Robert Half Inc. | 5.93% | 1,208,336 | $37.1M | Add +33.7% |
| HOG Harley-Davidson Inc. | 5.79% | 1,480,880 | $36.2M | Add +1.2% |
| HCC Warrior Met Coal Inc. | 3.70% | 285,398 | $23.2M | Reduce -21.6% |
| FPH Five Point Holdings LLC Class A | 3.11% | 3,696,155 | $19.5M | Reduce -4.3% |
| CBRE CBRE Group Inc. Class A | 2.93% | 135,896 | $18.3M | Reduce -0.3% |
| BN Brookfield Corp. | 2.69% | 394,929 | $16.8M | Reduce -18.0% |
| UHAL.B U-Haul Holding Co.-Non Voting | 2.62% | 283,872 | $16.4M | Reduce -0.2% |
| PLD Prologis Inc. | 2.27% | 104,823 | $14.2M | Reduce -16.8% |
| LEN.B Lennar Corp. Class B | 2.12% | 149,658 | $13.3M | Add +4.8% |
| PHM Pultegroup Inc. | 2.09% | 95,111 | $13.1M | Reduce -0.0% |
| ECPG Encore Capital Group Inc. | 1.94% | 129,717 | $12.1M | Reduce -9.0% |
| DHI D.R. Horton Inc. | 1.80% | 69,205 | $11.3M | Reduce -6.3% |
| UMBF Umb Financial Corp. | 1.79% | 78,245 | $11.2M | No change |
| SUI Sun Communities Inc. filed as SUN CMNTYS INC | 1.75% | 91,454 | $11.0M | Reduce 0.0% |
| ROG Rogers Corp. | 1.61% | 61,584 | $10.1M | Reduce -59.2% |
| JLL Jones Lang Lasalle Inc. | 1.59% | 32,053 | $9.9M | Reduce -1.1% |
| FNF Fidelity National Financial | 1.46% | 193,119 | $9.1M | Reduce -0.2% |
| SKY Champion Homes Inc. | 1.42% | 100,576 | $8.9M | Reduce -0.2% |
| FSV Firstservice Corp. | 1.41% | 61,951 | $8.8M | Add +22.8% |
| AMH American Homes 4 Rent- A | 1.40% | 262,058 | $8.8M | Reduce -0.2% |
| OSG Octave Specialty Group Inc. | 1.34% | 1,341,879 | $8.4M | Add +0.1% |
| BKD Brookdale Senior Living Inc. | 1.27% | 494,826 | $8.0M | Add +6.7% |
| PB Prosperity Bancshares Inc. | 1.19% | 102,168 | $7.5M | No change |
| ICFI Icf International Inc. | 1.15% | 98,893 | $7.2M | Add +37.9% |
| SUPN Supernus Pharmaceuticals Inc. | 1.14% | 152,724 | $7.1M | No change |
| ALG Alamo Group Inc. | 1.11% | 42,265 | $7.0M | Add +23.1% |
| COLL Collegium Pharmaceutical Inc. | 1.06% | 182,645 | $6.6M | Add +17.7% |
| CPRX Catalyst Pharmaceuticals Inc. | 1.06% | 210,161 | $6.6M | No change |
| MYRG MYR Group Inc./Delaware | 1.05% | 13,066 | $6.5M | Reduce -54.7% |
| BATRA Atlanta Braves Holdings in-A | 1.01% | 111,880 | $6.3M | Reduce -32.0% |
| TMHC Taylor Morrison Home Corp. | 0.99% | 85,941 | $6.2M | New |
| ITIC Investors Title Co. | 0.96% | 21,894 | $6.0M | No change |
| PBF PBF Energy Inc. Class A | 0.95% | 131,050 | $6.0M | No change |
| WCC Wesco International Inc. | 0.94% | 16,963 | $5.9M | Reduce -11.8% |
| KALU Kaiser Aluminum Corp. | 0.93% | 29,848 | $5.8M | Reduce -0.1% |
| UNF Unifirst Corp. | 0.88% | 20,802 | $5.5M | Reduce -26.8% |
| QLYS Qualys Inc. | 0.86% | 39,120 | $5.4M | No change |
| CET Central Securities Corp. | 0.85% | 101,812 | $5.3M | No change |
| FLG Flagstar Bank NA | 0.79% | 331,241 | $4.9M | No change |
| SD Sandridge Energy Inc. | 0.77% | 352,558 | $4.8M | Add +6.6% |
| OCFC Oceanfirst Financial Corp. | 0.77% | 246,662 | $4.8M | No change |
| FR First Industrial Realty TR | 0.76% | 77,498 | $4.8M | Reduce -4.3% |
| LXU LSB Industries Inc. | 0.66% | 381,096 | $4.1M | No change |
| SBSI Southside Bancshares Inc. | 0.66% | 116,879 | $4.1M | No change |
| BXC Bluelinx Holdings Inc. | 0.64% | 64,369 | $4.0M | No change |
| MMS Maximus Inc. | 0.64% | 74,085 | $4.0M | New |
| HKHGF Hongkong Land Holdings Ltd. | 0.63% | 550,300 | $3.9M | New |
| WY Weyerhaeuser Co. | 0.62% | 162,097 | $3.9M | Reduce -0.2% |
| CRAI Cra International Inc. | 0.47% | 20,819 | $3.0M | New |
| FRPH FRP Holdings Inc. filed as FRP HLDGS INC | 0.43% | 107,160 | $2.7M | No change |
| COMP Compass Inc. Class A | 0.37% | 187,469 | $2.3M | No change |
| BATRK Atlanta Braves Holdings in-C | 0.22% | 26,027 | $1.4M | Reduce -0.3% |
Portfolio Sells Q1 2026 → Q2 2026
| HCC Warrior Met Coal Inc. | Reduce -21.6% | 3.70% | −1.80 |
| TPH Tri Pointe Homes Inc. | Sold out | 0.00% | −1.18 |
| PRA Proassurance Corp. | Sold out | 0.00% | −1.05 |
| ROG Rogers Corp. | Reduce -59.2% | 1.61% | −1.02 |
| BN Brookfield Corp. | Reduce -18.0% | 2.69% | −0.47 |
| PLD Prologis Inc. | Reduce -16.8% | 2.27% | −0.43 |
| UNF Unifirst Corp. | Reduce -26.8% | 0.88% | −0.28 |
| MYRG MYR Group Inc./Delaware | Reduce -54.7% | 1.05% | −0.28 |
| BATRA Atlanta Braves Holdings in-A | Reduce -32.0% | 1.01% | −0.25 |
| SUI Sun Communities Inc. | Reduce 0.0% | 1.75% | −0.12 |
| CBRE CBRE Group Inc. Class A | Reduce -0.3% | 2.93% | −0.07 |
| WY Weyerhaeuser Co. | Reduce -0.2% | 0.62% | −0.02 |
| JLL Jones Lang Lasalle Inc. | Reduce -1.1% | 1.59% | −0.01 |
| FR First Industrial Realty TR | Reduce -4.3% | 0.76% | −0.00 |
| FNF Fidelity National Financial | Reduce -0.2% | 1.46% | −0.00 |
| BATRK Atlanta Braves Holdings in-C | Reduce -0.3% | 0.22% | +0.04 |
| FPH Five Point Holdings LLC Class A | Reduce -4.3% | 3.11% | +0.08 |
| WCC Wesco International Inc. | Reduce -11.8% | 0.94% | +0.08 |
| DHI D.R. Horton Inc. | Reduce -6.3% | 1.80% | +0.16 |
| SKY Champion Homes Inc. | Reduce -0.2% | 1.42% | +0.20 |
| AMH American Homes 4 Rent- A | Reduce -0.2% | 1.40% | +0.21 |
| PHM Pultegroup Inc. | Reduce -0.0% | 2.09% | +0.27 |
| ECPG Encore Capital Group Inc. | Reduce -9.0% | 1.94% | +0.31 |
| KALU Kaiser Aluminum Corp. | Reduce -0.1% | 0.93% | +0.35 |
| UHAL.B U-Haul Holding Co.-Non Voting | Reduce -0.2% | 2.62% | +0.56 |
Portfolio Buys Q1 2026 → Q2 2026
| RHI Robert Half Inc. | Add +33.7% | 5.93% | +2.21 |
| HOG Harley-Davidson Inc. | Add +1.2% | 5.79% | +0.99 |
| TMHC Taylor Morrison Home Corp. | New | 0.99% | +0.99 |
| MMS Maximus Inc. | New | 0.64% | +0.64 |
| HKHGF Hongkong Land Holdings Ltd. | New | 0.63% | +0.63 |
| BCC Boise Cascade Co. | Add +7.1% | 7.47% | +0.55 |
| CRAI Cra International Inc. | New | 0.47% | +0.47 |
| ICFI Icf International Inc. | Add +37.9% | 1.15% | +0.39 |
| OSG Octave Specialty Group Inc. | Add +0.1% | 1.34% | +0.33 |
| FSV Firstservice Corp. | Add +22.8% | 1.41% | +0.27 |
| BKD Brookdale Senior Living Inc. | Add +6.7% | 1.27% | +0.24 |
| COLL Collegium Pharmaceutical Inc. | Add +17.7% | 1.06% | +0.22 |
| ALG Alamo Group Inc. | Add +23.1% | 1.11% | +0.19 |
| LEN.B Lennar Corp. Class B | Add +4.8% | 2.12% | +0.17 |
| SD Sandridge Energy Inc. | Add +6.6% | 0.77% | −0.10 |
| VAL Valaris Ltd. | Add +1.6% | 5.99% | −2.09 |
| TDW Tidewater Inc. | Add +1.4% | 9.95% | −2.54 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 55 | $625.3M | TDW, BCC, VAL, RHI, HOG |
| Q1 2026 | 53 | $616.0M | TDW, VAL, BCC, HCC, HOG |
| Q4 2025 | 51 | $550.2M | HCC, TDW, BCC, VAL, BN |
| Q3 2025 | 50 | $532.7M | TDW, HCC, VAL, BN, FPH |
| Q2 2025 | 52 | $484.9M | TDW, DB, HCC, VAL, BN |
| Q1 2025 | 61 | $498.7M | TDW, DB, HCC, VAL, FPH |
| Q4 2024 | 59 | $516.8M | DB, TDW, HCC, CBRE, BN |
| Q3 2024 | 59 | $611.6M | HCC, DB, TDW, CMA, LEN.B |
| Q2 2024 | 59 | $583.0M | TDW, HCC, DB, VAL, ORI |
| Q1 2024 | 58 | $626.7M | TDW, HCC, DB, VAL, CMA |