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Third Avenue Management

Third Avenue Management

Founded by legendary value investor Martin Whitman, Third Avenue Management manages mutual funds, separate accounts and hedge funds. Since 2002, Third Avenue Management has partnered with Affiliated Managers Group, a publicly traded asset manager that has invested in a diverse stable of boutique asset management firms. This partnership allowed Third Avenue to extend ownership rights to its senior professionals, including key members of the investment team, providing a clear and transparent succession plan for the Firm and all of its principals. Third Avenue Management manages assets across four core strategies—Value, Small-Cap, Real Estate and International Real Estate—which are available to investors through 40Act mutual funds, institutional separately managed accounts and a Real Estate Value Fund UCITS for non-U.S. investors.

Shares Held
Asset Size
% Top 10
146
$1.31B
27.02%
Latest2025Q2
Top BuysVAPORES (CL)
Top SellsHPHT (SG)

Sector Allocation

Level 3 sector breakdown
Level 1 sector breakdown
Level 2 sector breakdown
Level 3 sector breakdown
Banking Services
Metals & Mining
Automobiles & Auto Parts
Oil & Gas Related Equipment and Services
Homebuilding & Construction Supplies
Construction Materials
Oil & Gas
Specialty Retailers
Insurance
Hotels & Entertainment Services
Investment Banking & Investment Services
Other

Holdings

2025Q2
2025Q2
2025Q1
2024Q4
2024Q3
2024Q2
2024Q1
2023Q4
2023Q3
2023Q2
No.
Name
% Portfolio
Shares Traded
Mkt Value (Date)
Market Value
Shares Held
Industry
Report Date
Capstone Copper Ord Shs (CA)
CS
3.33%
+176.17K
$43.49M
--
7.08M
Metals & Mining
2025-06-30
Bank of Ireland Group Ord Shs (IE)
BIRG
3.11%
-316.91K
$40.65M
--
2.87M
Banking Services
2025-06-30
3.09%
+65.90K
$40.37M
$40.37M
875.16K
Oil & Gas Related Equipment and Services
2025-06-30
4
BMW Ord Shs (DE)
BMWG
3.08%
-25.96K
$40.25M
--
455.17K
Automobiles & Auto Parts
2025-06-30
5
Buzzi Ord Shs (IT)
BZU
2.60%
0.00
$33.95M
--
615.67K
Construction Materials
2025-06-30
6
EasyJet Ord Shs (GB)
EZJ
2.56%
+3.18K
$33.41M
$220.24M
5.04M
Passenger Transportation Services
2025-04-24
7
Subaru Ord Shs (JP)
7270
2.49%
+81.40K
$32.47M
--
1.87M
Automobiles & Auto Parts
2025-06-30
8
Deutsche Bank Ord Shs (DE)
DBKGn
2.31%
-426.01K
$30.13M
--
1.02M
Banking Services
2025-06-30
2.25%
+28.48K
$29.41M
$29.41M
641.68K
Metals & Mining
2025-06-30
10
Horiba Ord Shs (JP)
6856
2.20%
+8.40K
$28.76M
--
369.60K
Machinery, Tools, Heavy Vehicles, Trains & Ships
2025-06-30
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