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
Q1 2017Mar 31, 2017	PLAB Photronics, Inc.	Photronics, Inc.	Buy - Position Entry	+340,600	$3.64K	340,600
Q1 2017Mar 31, 2017	AVT Avnet, Inc.	Avnet, Inc.	Buy - Position Entry	+284,341	$13.01K	284,341
Q1 2017Mar 31, 2017	TPH Tri Pointe Homes, Inc.	Tri Pointe Homes, Inc.	Buy - Position Entry	+207,700	$2.60K	207,700
Q1 2017Mar 31, 2017	EOG EOG Resources, Inc.	EOG Resources, Inc.	Buy - Position Entry	+156,897	$15.30K	156,897
Q1 2017Mar 31, 2017	NX Quanex Building Products Corpor	Quanex Building Products Corpor	Buy	+135,900+173.6%	$4.34K	214,200
Q1 2017Mar 31, 2017	MAC Macerich Company (The)	Macerich Company (The)	Buy	+118,500+44.3%	$24.85K	385,801
Q1 2017Mar 31, 2017	G0457F107 Arcos Dorados	Arcos Dorados	Buy	+99,500+8.6%	$10.16K	1,262,600
Q1 2017Mar 31, 2017	RL Ralph Lauren Corporation	Ralph Lauren Corporation	Buy	+90,537+33.5%	$29.44K	360,653
Q1 2017Mar 31, 2017	SYNA Synaptics Incorporated	Synaptics Incorporated	Buy	+70,107+443.7%	$4.25K	85,907
Q1 2017Mar 31, 2017	TNET TriNet Group, Inc.	TriNet Group, Inc.	Buy	+56,800+44.2%	$5.36K	185,400
Q1 2017Mar 31, 2017	GIII G-III Apparel Group, LTD.	G-III Apparel Group, LTD.	Buy	+52,100+36.5%	$4.26K	194,701
Q1 2017Mar 31, 2017	JCI Johnson Controls International	Johnson Controls International	Buy	+47,343+6.6%	$32.14K	763,067
Q1 2017Mar 31, 2017	BKD Brookdale Senior Living Inc.	Brookdale Senior Living Inc.	Buy	+46,013+2.3%	$27.80K	2,069,954
Q1 2017Mar 31, 2017	TILE Interface, Inc.	Interface, Inc.	Buy	+39,900+19.8%	$4.61K	241,920
Q1 2017Mar 31, 2017	LEN-B Lennar Corporation	Lennar Corporation	Buy	+39,100+344.3%	$2.11K	50,456
Q1 2017Mar 31, 2017	G Genpact	Genpact	Buy	+32,700+14.8%	$6.30K	254,366
Q1 2017Mar 31, 2017	WKC World Kinect Corporation	World Kinect Corporation	Buy	+15,300+10.1%	$6.03K	166,319
Q1 2017Mar 31, 2017	KEY KeyCorp	KeyCorp	Buy	+10,208+1.0%	$17.73K	997,176
Q1 2017Mar 31, 2017	ICFI ICF International, Inc.	ICF International, Inc.	Buy	+9,400+6.9%	$5.98K	144,822
Q1 2017Mar 31, 2017	KALU Kaiser Aluminum Corporation	Kaiser Aluminum Corporation	Buy	+8,700+16.5%	$4.91K	61,478
Q1 2017Mar 31, 2017	BK The Bank of New York Mellon Cor	The Bank of New York Mellon Cor	Buy	+8,671+0.5%	$83.51K	1,768,136
Q1 2017Mar 31, 2017	LIVN LivaNova	LivaNova	Buy	+6,133+1.2%	$25.58K	521,910
Q1 2017Mar 31, 2017	PDCO Patterson Companies, Inc.	Patterson Companies, Inc.	Buy	+6,100+8.1%	$3.69K	81,500
Q1 2017Mar 31, 2017	LEN Lennar Corporation	Lennar Corporation	Buy	+4,766+0.2%	$151.35K	2,956,713
Q1 2017Mar 31, 2017	DVN Devon Energy Corporation	Devon Energy Corporation	Buy	+3,961+0.5%	$32.05K	768,306
Q1 2017Mar 31, 2017	MAS Masco Corporation	Masco Corporation	Buy	+3,453+0.4%	$29.10K	856,047
Q1 2017Mar 31, 2017	VOD Vodafone Group Plc	Vodafone Group Plc	Buy	+1,259+67.1%	$83.00	3,136
Q1 2017Mar 31, 2017	TTE TotalEnergies SE	TotalEnergies SE	Buy	+984+54.0%	$142.00	2,807
Q1 2017Mar 31, 2017	AMGN Amgen Inc.	Amgen Inc.	Buy	+822+0.4%	$34.63K	211,084
Q1 2017Mar 31, 2017	VMI Valmont Industries, Inc.	Valmont Industries, Inc.	Buy	+458+27.0%	$335.00	2,157

Page 44 of 79 • 2341 total trades

«‹

42 43 44 45 46

›»