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	G9618E107 White Mountains	White Mountains	Buy	+295+0.5%	$56.65K	64,386
Q1 2017Mar 31, 2017	SKT Tanger Inc.	Tanger Inc.	Sell	-400-1.1%	$1.22K	37,119
Q1 2017Mar 31, 2017	PB Prosperity Bancshares, Inc.	Prosperity Bancshares, Inc.	Sell	-2,917-2.9%	$6.90K	99,046
Q1 2017Mar 31, 2017	LOW Lowe's Companies, Inc.	Lowe's Companies, Inc.	Sell	-3,000-0.5%	$45.87K	557,911
Q1 2017Mar 31, 2017	BAM Brookfield Asset Management Ltd.	Brookfield Asset Management Ltd.	Sell	-4,128-0.1%	$156.60K	4,295,013
Q1 2017Mar 31, 2017	MTN Vail Resorts, Inc.	Vail Resorts, Inc.	Sell	-5,100-18.9%	$4.19K	21,839
Q1 2017Mar 31, 2017	EME EMCOR Group, Inc.	EMCOR Group, Inc.	Sell	-5,500-6.3%	$5.17K	82,107
Q1 2017Mar 31, 2017	FR First Industrial Realty Trust,	First Industrial Realty Trust,	Sell	-5,800-0.3%	$47.86K	1,797,143
Q1 2017Mar 31, 2017	KW Kennedy-Wilson Holdings Inc.	Kennedy-Wilson Holdings Inc.	Sell	-6,400-0.5%	$27.50K	1,238,753
Q1 2017Mar 31, 2017	SMP Standard Motor Products, Inc.	Standard Motor Products, Inc.	Sell	-10,146-10.6%	$4.21K	85,601
Q1 2017Mar 31, 2017	CFR Cullen/Frost Bankers, Inc.	Cullen/Frost Bankers, Inc.	Sell	-15,600-19.0%	$5.91K	66,400
Q1 2017Mar 31, 2017	ALG Alamo Group, Inc.	Alamo Group, Inc.	Sell	-16,500-19.2%	$5.30K	69,506
Q1 2017Mar 31, 2017	VVI Viad Corp	Viad Corp	Sell	-18,398-14.4%	$4.93K	109,135
Q1 2017Mar 31, 2017	MYRG MYR Group, Inc.	MYR Group, Inc.	Sell	-21,700-25.2%	$2.64K	64,300
Q1 2017Mar 31, 2017	DORM Dorman Products, Inc.	Dorman Products, Inc.	Sell	-23,100-28.3%	$4.80K	58,400
Q1 2017Mar 31, 2017	UMBF UMB Financial Corporation	UMB Financial Corporation	Sell	-31,100-24.3%	$7.28K	96,691
Q1 2017Mar 31, 2017	CBSH Commerce Bancshares, Inc.	Commerce Bancshares, Inc.	Sell	-32,600-17.6%	$8.58K	152,706
Q1 2017Mar 31, 2017	CNH CNH Industrial	CNH Industrial	Sell	-33,300-6.8%	$4.40K	456,800
Q1 2017Mar 31, 2017	CCS Century Communities, Inc.	Century Communities, Inc.	Sell	-38,000-40.0%	$1.45K	56,974
Q1 2017Mar 31, 2017	ZION Zions Bancorporation N.A.	Zions Bancorporation N.A.	Sell	-42,400-7.0%	$23.72K	564,658
Q1 2017Mar 31, 2017	VC Visteon Corporation	Visteon Corporation	Sell	-43,824-39.8%	$6.49K	66,288
Q1 2017Mar 31, 2017	CVCO Cavco Industries, Inc.	Cavco Industries, Inc.	Sell	-56,453-11.9%	$48.48K	416,466
Q1 2017Mar 31, 2017	CMA Comerica Incorporated	Comerica Incorporated	Sell	-62,260-6.0%	$66.89K	975,344
Q1 2017Mar 31, 2017	NSIT Insight Enterprises, Inc.	Insight Enterprises, Inc.	Sell	-63,250-30.0%	$6.07K	147,700
Q1 2017Mar 31, 2017	PNC PNC Financial Services Group, I	PNC Financial Services Group, I	Sell	-73,174-11.6%	$67.23K	559,122
Q1 2017Mar 31, 2017	KEX Kirby Corporation	Kirby Corporation	Sell - Position Exit	-82,600-100.0%	$0.00	-
Q1 2017Mar 31, 2017	WY Weyerhaeuser Company	Weyerhaeuser Company	Sell	-93,832-1.6%	$201.14K	5,919,490
Q1 2017Mar 31, 2017	FLWS 1-800-FLOWERS.COM, Inc.	1-800-FLOWERS.COM, Inc.	Sell	-97,531-19.4%	$4.12K	404,033
Q1 2017Mar 31, 2017	VLY Valley National Bancorp	Valley National Bancorp	Sell	-171,000-33.6%	$3.99K	337,775
Q1 2017Mar 31, 2017	AGCO AGCO Corporation	AGCO Corporation	Sell - Position Exit	-374,671-100.0%	$0.00	-

Page 45 of 79 • 2341 total trades

«‹

43 44 45 46 47

›»