Third Avenue Management – Largest Position Reductions (2026 Q1)
This report summarizes the most meaningful reductions and sell-offs made by Third Avenue Management in 2026 Q1. The analysis highlights which positions were trimmed or exited, providing insight into how the investor adjusted risk exposure and portfolio strategy.
| Symbol | Shares | Reported Price(USD) | Action | Change % | Portfolio Weight | Position Value | Filing Period |
|---|---|---|---|---|---|---|---|
| VAL | 508,186 | $98.04 | Reduced | -13.04% | 8.09% | $49.82M | 2026 Q1 |
| HCC | 364,002 | $93.15 | Reduced | -37.60% | 5.50% | $33.91M | 2026 Q1 |
| BN | 481,495 | $40.47 | Reduced | -12.16% | 3.16% | $19.49M | 2026 Q1 |
| FPH | 3,861,162 | $4.84 | Reduced | -6.14% | 3.03% | $18.69M | 2026 Q1 |
| CBRE | 136,330 | $135.46 | Reduced | -7.15% | 3.00% | $18.47M | 2026 Q1 |
| PLD | 125,945 | $132.18 | Reduced | -13.41% | 2.70% | $16.65M | 2026 Q1 |
| ROG | 151,025 | $107.33 | Reduced | -24.29% | 2.63% | $16.21M | 2026 Q1 |
| LEN.B | 142,843 | $84.12 | Reduced | -3.49% | 1.95% | $12.02M | 2026 Q1 |
| SUI | 91,455 | $125.96 | Reduced | -5.64% | 1.87% | $11.52M | 2026 Q1 |
| PHM | 95,128 | $117.61 | Reduced | -5.52% | 1.82% | $11.19M | 2026 Q1 |
| DHI | 73,836 | $137.22 | Reduced | -5.57% | 1.64% | $10.13M | 2026 Q1 |
| ECPG | 142,512 | $70.12 | Reduced | -16.67% | 1.62% | $9.99M | 2026 Q1 |
| JLL | 32,407 | $304.32 | Reduced | -5.66% | 1.60% | $9.86M | 2026 Q1 |
| FNF | 193,455 | $46.38 | Reduced | -5.78% | 1.46% | $8.97M | 2026 Q1 |
| MYRG | 28,819 | $282.31 | Reduced | -18.94% | 1.32% | $8.14M | 2026 Q1 |
| SUPN | 152,724 | $51.69 | Reduced | -19.40% | 1.28% | $7.89M | 2026 Q1 |
| SKY | 100,757 | $74.37 | Reduced | -5.31% | 1.22% | $7.49M | 2026 Q1 |
| AMH | 262,520 | $27.92 | Reduced | -5.74% | 1.19% | $7.33M | 2026 Q1 |
| PRA | 260,608 | $24.72 | Reduced | -11.05% | 1.05% | $6.44M | 2026 Q1 |
| LXU | 381,096 | $14.9 | Reduced | -51.73% | 0.92% | $5.68M | 2026 Q1 |
| WCC | 19,243 | $273.61 | Reduced | -5.18% | 0.85% | $5.27M | 2026 Q1 |
| COLL | 155,143 | $33.07 | Reduced | -23.73% | 0.83% | $5.13M | 2026 Q1 |
| FR | 81,016 | $57.85 | Reduced | -22.64% | 0.76% | $4.69M | 2026 Q1 |
| WY | 162,377 | $24.43 | Reduced | -5.36% | 0.64% | $3.97M | 2026 Q1 |
| KALU | 29,881 | $120.51 | Reduced | -65.00% | 0.58% | $3.6M | 2026 Q1 |