THIRD AVENUE MANAGEMENT LLC

NEW YORK, NY · CIK 1099281 · 13F filing filed 2026-08-12

SEC-registered investment adviser since 1986 · limited liability company

Assets managed$1.6bn
Staff19 · 8 in investment roles
Main clients (by assets)Mutual funds and ETFs 96%, Private funds 2%, Individuals 2%
Websitethirdave.com
Form ADV · 2026-03-27SEC adviser record

Legal entityTHIRD AVENUE MANAGEMENT LLC (US)

Kindhedge funds, private equity, mutual funds, institutions, futures, FCA fund manager
Others nearbyNew York, NY, London, Toronto, Louisville, KY, San Francisco, CA, Boston, MA
FamilyAFFILIATED MANAGERS GROUP, INC. · 17 related pages · largest: AFFILIATED MANAGERS GROUP, INC.

As an employer

Offices in1 country

Where they work

people there (dot area)number not reportedmain officeHover or tap a dot. Australian and UK companies are placed at their business or registered address, with their staff across the whole country.

Offices

From Form ADV: the main office and the other offices where it does advisory work (at most the 25 largest), with the people doing investment work at each. “About” is worked out: the firm's investment staff less its other offices. Each city links to the other managers there.

City	Country	People
New York, NY (main office)United States	United States	about 6
Austin, TXUnited States	United States	2

Map: places from GeoNames (CC BY 4.0), outlines from Natural Earth.

$625.3m reported value +1.5% vs Q1 2026

55positions

50.2%in top 10

4 new 13 added 23 reduced 2 sold out vs Q1 2026

Holdings, Q2 2026

The small lines show how much was held over the last 4 quarters (adjusted for stock splits).

#	Security	Ticker	Shares	Value	% of portfolio	Change	Shares change
1	TIDEWATER INC NEW COM TDW	TDW	934,121	$62.2m9.95%	9.95%	Added +12.9k	+12,940 1.4%
2	BOISE CASCADE CO DEL COM BCC	BCC	602,086	$46.7m7.47%	7.47%	Added +40.1k	+40,065 7.1%
3	VALARIS LTD CL A VAL	VAL	516,313	$37.5m5.99%	5.99%	Added +8.1k	+8,127 1.6%
4	ROBERT HALF INC. COM RHI	RHI	1,208,336	$37.1m5.93%	5.93%	Added +304.4k	+304,431 33.7%
5	HARLEY DAVIDSON INC COM HOG	HOG	1,480,880	$36.2m5.79%	5.79%	Added +18.2k	+18,210 1.2%
6	WARRIOR MET COAL INC COM HCC	HCC	285,398	$23.2m3.70%	3.70%	Reduced -78.6k	-78,604 -21.6%
7	FIVE POINT HOLDINGS LLC COM CL A FPH	FPH	3,696,155	$19.5m3.11%	3.11%	Reduced -165.0k	-165,007 -4.3%
8	CBRE GROUP INC CL A CBRE	CBRE	135,896	$18.3m2.93%	2.93%	Reduced -434	-434 -0.3%
9	BROOKFIELD CORP CL A LTD VT SH BN	BN	394,929	$16.8m2.69%	2.69%	Reduced -86.6k	-86,566 -18.0%
10	U HAUL HOLDING COMPANY COM SER N UHAL.B	UHAL.B	283,872	$16.4m2.62%	2.62%	Reduced -503	-503 -0.2%
11	PROLOGIS INC. COM PLD	PLD	104,823	$14.2m2.27%	2.27%	Reduced -21.1k	-21,122 -16.8%
12	LENNAR CORP CL B LEN.B	LEN.B	149,658	$13.3m2.12%	2.12%	Added +6.8k	+6,815 4.8%
13	PULTE GROUP INC COM PHM	PHM	95,111	$13.1m2.09%	2.09%	Reduced -17	-17 -0.0%
14	ENCORE CAP GROUP INC COM ECPG	ECPG	129,717	$12.1m1.94%	1.94%	Reduced -12.8k	-12,795 -9.0%
15	D R HORTON INC COM DHI	DHI	69,205	$11.3m1.80%	1.80%	Reduced -4.6k	-4,631 -6.3%
16	UMB FINL CORP COM UMBF	UMBF	78,245	$11.2m1.79%	1.79%	Unchanged
17	SUN CMNTYS INC COM SUI	SUI	91,454	$11.0m1.75%	1.75%	Reduced -1	-1 0.0%
18	ROGERS CORP COM ROG	ROG	61,584	$10.1m1.61%	1.61%	Reduced -89.4k	-89,441 -59.2%
19	JONES LANG LASALLE INC COM JLL	JLL	32,053	$9.9m1.59%	1.59%	Reduced -354	-354 -1.1%
20	FIDELITY NATIONAL FINANCIAL FNF GROUP COM FNF	FNF	193,119	$9.1m1.46%	1.46%	Reduced -336	-336 -0.2%
21	CHAMPION HOMES INC COM SKY	SKY	100,576	$8.9m1.42%	1.42%	Reduced -181	-181 -0.2%
22	FIRSTSERVICE CORP NEW COM FSV	FSV	61,951	$8.8m1.41%	1.41%	Added +11.5k	+11,499 22.8%
23	AMERICAN HOMES 4 RENT CL A AMH	AMH	262,058	$8.8m1.40%	1.40%	Reduced -462	-462 -0.2%
24	AMBAC FINL GROUP INC COM NEW OSG	OSG	1,341,879	$8.4m1.34%	1.34%	Added +668	+668 0.1%
25	BROOKDALE SR LIVING INC COM BKD	BKD	494,826	$8.0m1.27%	1.27%	Added +31.2k	+31,162 6.7%
26	PROSPERITY BANCSHARES INC COM PB	PB	102,168	$7.5m1.19%	1.19%	Unchanged
27	ICF INTL INC COM ICFI	ICFI	98,893	$7.2m1.15%	1.15%	Added +27.2k	+27,157 37.9%
28	SUPERNUS PHARMACEUTICALS INC COM SUPN	SUPN	152,724	$7.1m1.14%	1.14%	Unchanged
29	ALAMO GROUP INC COM ALG	ALG	42,265	$7.0m1.11%	1.11%	Added +7.9k	+7,933 23.1%
30	COLLEGIUM PHARMACEUTICAL INC COM COLL	COLL	182,645	$6.6m1.06%	1.06%	Added +27.5k	+27,502 17.7%
31	CATALYST PHARMACEUTICALS INC COM CPRX	CPRX	210,161	$6.6m1.06%	1.06%	Unchanged
32	MYR GROUP INC DEL COM MYRG	MYRG	13,066	$6.5m1.05%	1.05%	Reduced -15.8k	-15,753 -54.7%
33	ATLANTA BRAVES HLDGS INC COM SER A BATRA	BATRA	111,880	$6.3m1.01%	1.01%	Reduced -52.6k	-52,558 -32.0%
34	TAYLOR MORRISON HOME CORP COM TMHC	TMHC	85,941	$6.2m0.99%	0.99%	New
35	INVESTORS TITLE CO NC COM ITIC	ITIC	21,894	$6.0m0.96%	0.96%	Unchanged
36	PBF ENERGY INC CL A PBF	PBF	131,050	$6.0m0.95%	0.95%	Unchanged
37	WESCO INTL INC COM WCC	WCC	16,963	$5.9m0.94%	0.94%	Reduced -2.3k	-2,280 -11.8%
38	KAISER ALUMINUM CORP COM PAR $0.01 KALU	KALU	29,848	$5.8m0.93%	0.93%	Reduced -33	-33 -0.1%
39	UNIFIRST CORP MASS COM UNF	UNF	20,802	$5.5m0.88%	0.88%	Reduced -7.6k	-7,632 -26.8%
40	QUALYS INC COM QLYS	QLYS	39,120	$5.4m0.86%	0.86%	Unchanged
41	CENTRAL SECS CORP COM CET	CET	101,812	$5.3m0.85%	0.85%	Unchanged
42	FLAGSTAR FINANCIAL INC COM NEW FLG	FLG	331,241	$4.9m0.79%	0.79%	Unchanged
43	SANDRIDGE ENERGY INC COM NEW SD	SD	352,558	$4.8m0.77%	0.77%	Added +21.7k	+21,740 6.6%
44	OCEANFIRST FINL CORP COM OCFC	OCFC	246,662	$4.8m0.77%	0.77%	Unchanged
45	FIRST INDL RLTY TR INC COM FR	FR	77,498	$4.8m0.76%	0.76%	Reduced -3.5k	-3,518 -4.3%
46	LSB INDS INC COM LXU	LXU	381,096	$4.1m0.66%	0.66%	Unchanged
47	SOUTHSIDE BANCSHARES INC COM SBSI	SBSI	116,879	$4.1m0.66%	0.66%	Unchanged
48	BLUELINX HLDGS INC COM NEW BXC	BXC	64,369	$4.0m0.64%	0.64%	Unchanged
49	MAXIMUS INC COM MMS	MMS	74,085	$4.0m0.64%	0.64%	New
50	Hongkong Land Holdings Ltd COM HKHGF	HKHGF	550,300	$3.9m0.63%	0.63%	New
51	WEYERHAEUSER CO MTN BE COM NEW WY	WY	162,097	$3.9m0.62%	0.62%	Reduced -280	-280 -0.2%
52	CRA INTL INC COM CRAI	CRAI	20,819	$3.0m0.47%	0.47%	New
53	FRP HLDGS INC COM FRPH	FRPH	107,160	$2.7m0.43%	0.43%	Unchanged
54	COMPASS INC CL A COMP	COMP	187,469	$2.3m0.37%	0.37%	Unchanged
55	ATLANTA BRAVES HLDGS INC COM SER C BATRK	BATRK	26,027	$1.4m0.22%	0.22%	Reduced -77	-77 -0.3%

Sold out since Q1 2026

Security	Ticker	Shares held before	Value then
TRI POINTE HOMES INC TPH	TPH	155,855	$7.3m155.9k shares
PROASSURANCE CORP PRA	PRA	260,608	$6.4m260.6k shares