Third Avenue Value Fund | TAVFXMutual Fund | |
Third Avenue Value Fund | |
Last update 2024-09-23 | 32 Stocks (1 new) |
Value $725.00 Mil | Turnover 5 % |
Portfolio Report |
Third Avenue Value Fund Profile
Legendary value investor Martin J. Whitman founded the Third Avenue Value Fund in 1990. The Value strategy’s flexible mandate takes a global, all-cap equities approach and allows for opportunistic investments in credit securities across the capital structure. Opportunities are evaluated with sharp focus on financial strength, ability to compound NAV, and priced at a significant discount to the fund's conservative estimate of NAV.
Third Avenue Value Fund Investing Philosophy
Third Aveneue Value Fund aims to build a differentiated portfolio of contrarian and special-situation opportunities by investing opportunistically across a global universe of sectors, geographies and security types. The fund seeks long-term capital appreciaiton by investing in companies with strong financial positions, and valuations supported by tangible assets and market prices substantially below the fund's estimate of intrinsic business value.
Third Avenue Value Fund Portfolio and Latest Trades
Ticker | | Company | Date | Action | Impact % | Price Range | Price | Price Change from Avrg% | Comment | Current Shares | Share Change |
---|---|---|---|---|---|---|---|---|---|---|---|
Ticker | | Company | Date | Action | Impact % | Price Range | Price | Price Change from Avrg% | Comment | Current Shares | Share Change |
TSE:3382 | Seven & i Holdings Co Ltd | 2024-07-31 | Sold Out | -2.41% | 1730 (円1957.7) 2062.5 | 円2,224.50 | 13.63% | Sold Out | 0 | -1,309,200 | |
TSE:7270 | Subaru Corp | 2024-07-31 | New Buy | +2.14% | 2884.5 (円3328.4) 3607 | 円2,550.50 | -23.37% | New holding | 805,800 | 805,800 | |
TSE:8283 | Paltac Corp | 2024-07-31 | Add | +1.47% | 4084 (円4335.45) 4794 | 円4,382.00 | 1.07% | Add 153.95% | 575,200 | 348,700 | |
HA | Hawaiian Holdings Inc | 2024-07-31 | Sold Out | -1.13% | 11.52 ($13.1) 14.07 | $18.00 | 37.40% | Sold Out | 0 | -623,225 | |
TSX:CS | Capstone Copper Corp | 2024-07-31 | Reduce | -0.60% | 8.73 (C$9.79) 11.2 | C$10.37 | 5.92% | Reduce -8.1% | 6,950,473 | -612,277 | |
SGX:C07 | Jardine Cycle & Carriage Ltd | 2024-07-31 | Add | +0.39% | 25.19 (S$26.65) 29 | S$27.20 | 2.06% | Add 18.91% | 916,800 | 145,800 | |
TSX:LUN | Lundin Mining Corp | 2024-07-31 | Reduce | -0.36% | 13.86 (C$15.42) 17.79 | C$14.06 | -8.82% | Reduce -9.82% | 2,033,911 | -221,480 | |
LSE:CBG | Close Brothers Group PLC | 2024-07-31 | Add | +0.35% | 4.16 (£4.75) 5.49 | £3.80 | -20.08% | Add 17.39% | 2,564,121 | 379,886 | |
XTER:BMW | Bayerische Motoren Werke AG | 2024-07-31 | Add | +0.33% | 85.82 (€92.1) 104.2 | €75.28 | -18.26% | Add 8.76% | 321,094 | 25,851 | |
TDW | Tidewater Inc | 2024-07-31 | Reduce | -0.33% | 91.7 ($100.15) 108.83 | $63.43 | -36.67% | Reduce -6.73% | 350,596 | -25,296 | |
MIL:BZU | Buzzi SpA | 2024-07-31 | Add | +0.16% | 34.14 (€37.72) 39.98 | €35.36 | -6.26% | Add 3.91% | 768,412 | 28,933 | |
XSGO:VAPORES | Compania Sud Americana de Vapores SA | 2024-07-31 | Add | +0.15% | 55.85 (CLP64.81) 75.5 | CLP52.69 | -18.70% | Add 6.26% | 267,675,100 | 15,774,723 | |
XTER:MBG | Mercedes-Benz Group AG | 2024-07-31 | Add | +0.14% | 61.16 (€65.59) 73.3 | €57.27 | -12.68% | Add 5.73% | 293,001 | 15,882 | |
MEX:BOLSAA | Bolsa Mexicana de Valores SAB de CV | 2024-07-31 | Add | +0.13% | 28.33 (MXN31.3) 33.8 | MXN31.98 | 2.17% | Add 14.23% | 4,828,711 | 601,549 | |
LSE:HBR | Harbour Energy PLC | 2024-07-31 | Add | +0.13% | 2.8 (£3.06) 3.3 | £2.70 | -11.86% | Add 4.27% | 5,741,462 | 235,017 | |
LSE:SFOR | S4 Capital PLC | 2024-07-31 | Add | +0.09% | 0.42 (£0.51) 0.6 | £0.40 | -21.65% | Add 2.95% | 32,614,660 | 934,078 | |
LSE:HBR | Harbour Energy PLC | 2024-04-30 | New Buy | +2.80% | 2.49 (£2.73) 2.98 | £2.70 | -1.21% | New holding | 5,506,445 | 5,506,445 | |
BSP:UGPA3 | Ultrapar Participacoes SA | 2024-04-30 | Reduce | -2.05% | 25.61 (R$28.42) 31.08 | R$20.64 | -27.38% | Reduce -43.45% | 2,905,135 | -2,231,725 | |
LSE:CBG | Close Brothers Group PLC | 2024-04-30 | New Buy | +1.77% | 2.99 (£4.1) 5.44 | £3.80 | -7.41% | New holding | 2,184,235 | 2,184,235 | |
TSE:8283 | Paltac Corp | 2024-04-30 | New Buy | +0.97% | 3972 (円4278.08) 4765 | 円4,382.00 | 2.43% | New holding | 226,500 | 226,500 | |
TDW | Tidewater Inc | 2024-04-30 | Reduce | -0.77% | 65.08 ($83.31) 99.13 | $63.43 | -23.86% | Reduce -15.89% | 375,892 | -70,999 | |
SGX:G13 | Genting Singapore Ltd | 2024-04-30 | Add | +0.58% | 0.87 (S$0.94) 1.06 | S$0.85 | -9.57% | Add 34.7% | 23,698,500 | 6,104,800 | |
OSL:SUBC | Subsea 7 SA | 2024-04-30 | Reduce | -0.56% | 135.05 (kr161.24) 184 | kr177.90 | 10.33% | Reduce -14.9% | 1,470,607 | -257,506 | |
HKSE:00001 | CK Hutchison Holdings Ltd | 2024-04-30 | Add | +0.40% | 35.6 (HK$39.59) 42.6 | HK$41.70 | 5.33% | Add 16.15% | 4,135,655 | 575,175 | |
XTER:MBG | Mercedes-Benz Group AG | 2024-04-30 | Add | +0.34% | 62.85 (€71.6) 76.61 | €57.27 | -20.01% | Add 12.82% | 277,119 | 31,486 | |
XKRX:081660 | Fila Holdings | 2024-04-30 | Add | +0.21% | 37000 (₩39745.1) 41900 | ₩40,050.00 | 0.77% | Add 10.44% | 525,088 | 49,618 | |
HCC | Warrior Met Coal Inc | 2024-01-31 | Reduce | -4.08% | 45.6 ($58.27) 69.97 | $64.74 | 11.10% | Reduce -40.16% | 665,308 | -446,495 | |
HKSE:00001 | CK Hutchison Holdings Ltd | 2024-01-31 | Add | +2.08% | 38.15 (HK$40.22) 41.95 | HK$41.70 | 3.68% | Add 234.8% | 3,560,480 | 2,497,000 | |
MEX:BOLSAA | Bolsa Mexicana de Valores SAB de CV | 2024-01-31 | New Buy | +1.39% | 28.4 (MXN32.93) 35.8 | MXN31.98 | -2.88% | New holding | 4,227,162 | 4,227,162 | |
TDW | Tidewater Inc | 2024-01-31 | Reduce | -1.36% | 56.21 ($64.87) 76.07 | $63.43 | -2.22% | Reduce -19.21% | 446,891 | -106,287 | |
BSP:UGPA3 | Ultrapar Participacoes SA | 2024-01-31 | Reduce | -1.35% | 21.21 (R$25.7) 28.31 | R$20.64 | -19.69% | Reduce -25.79% | 5,136,860 | -1,785,333 | |
LSE:SFOR | S4 Capital PLC | 2024-01-31 | Add | +0.68% | 0.37 (£0.5) 0.7 | £0.40 | -20.08% | Add 31.33% | 31,680,582 | 7,558,242 | |
LSE:ASHM | Ashmore Group PLC | 2024-01-31 | Sold Out | -0.38% | 1.66 (£1.98) 2.25 | £2.11 | 6.77% | Sold Out | 0 | -989,199 | |
XTER:BMW | Bayerische Motoren Werke AG | 2024-01-31 | Add | +0.22% | 89 (€96.59) 103.06 | €75.28 | -22.06% | Add 4.58% | 295,243 | 12,923 | |
LSE:BIRG | Bank of Ireland Group PLC | 2024-01-31 | Add | +0.22% | 7.76 (€8.41) 8.85 | €9.22 | 9.69% | Add 5.11% | 2,998,475 | 145,890 | |
OSL:SUBC | Subsea 7 SA | 2024-01-31 | Reduce | -0.22% | 141.75 (kr148.47) 154.4 | kr177.90 | 19.82% | Reduce -4.91% | 1,728,113 | -89,295 | |
XTER:MBG | Mercedes-Benz Group AG | 2024-01-31 | Add | +0.16% | 55.97 (€60.62) 64.37 | €57.27 | -5.53% | Add 6.44% | 245,633 | 14,861 | |
HCTPF | Hutchison Port Holdings Trust | 2024-01-31 | Sold Out | -0.04% | 0.13 ($0.16) 0.17 | $0.15 | -6.25% | Sold Out | 0 | -1,484,127 | |
HKSE:00001 | CK Hutchison Holdings Ltd | 2023-10-31 | Reduce | -2.76% | 38.9 (HK$41.61) 47.85 | HK$41.70 | 0.22% | Reduce -74.7% | 1,063,480 | -3,139,877 | |
TSX:CS | Capstone Copper Corp | 2023-10-31 | Reduce | -1.56% | 4.6 (C$5.73) 6.72 | C$10.37 | 80.98% | Reduce -21.76% | 7,562,750 | -2,103,371 | |
HCTPF | Hutchison Port Holdings Trust | 2023-10-31 | Reduce | -1.34% | 0.15 ($0.17) 0.19 | $0.15 | -11.76% | Reduce -97.17% | 1,484,127 | -50,895,700 | |
TDW | Tidewater Inc | 2023-10-31 | Reduce | -1.33% | 59.49 ($66.3) 72.99 | $63.43 | -4.33% | Reduce -21.17% | 553,178 | -148,525 | |
HA | Hawaiian Holdings Inc | 2023-10-31 | Reduce | -1.23% | 3.91 ($7.3) 11.14 | $18.00 | 146.58% | Reduce -54.49% | 623,225 | -746,250 | |
LSE:ASHM | Ashmore Group PLC | 2023-10-31 | Reduce | -1.07% | 1.66 (£1.88) 2.04 | £2.11 | 12.45% | Reduce -74.12% | 989,199 | -2,833,661 | |
LSE:SFOR | S4 Capital PLC | 2023-10-31 | Add | +0.91% | 0.56 (£0.81) 1.05 | £0.40 | -50.67% | Add 34.88% | 24,122,340 | 6,237,567 | |
MIL:BZU | Buzzi Spa | 2023-10-31 | Reduce | -0.63% | 24.18 (€26.57) 28.38 | €35.36 | 33.08% | Reduce -17.36% | 739,479 | -155,334 | |
TSE:6856 | Horiba Ltd | 2023-10-31 | Add | +0.57% | 7292 (円7773.52) 8324 | 円9,447.00 | 21.53% | Add 29.11% | 268,800 | 60,600 | |
TSX:LUN | Lundin Mining Corp | 2023-10-31 | Reduce | -0.49% | 8.63 (C$9.98) 11.76 | C$14.06 | 40.88% | Reduce -14.71% | 2,255,391 | -389,097 | |
HCC | Warrior Met Coal Inc | 2023-10-31 | Reduce | -0.46% | 38.23 ($44.74) 51.63 | $64.74 | 44.70% | Reduce -6.21% | 1,111,803 | -73,579 | |
OSL:SUBC | Subsea 7 SA | 2023-10-31 | Reduce | -0.40% | 131.15 (kr141.27) 152.2 | kr177.90 | 25.93% | Reduce -10.28% | 1,817,408 | -208,303 | |
CMA | Comerica Inc | 2023-10-31 | Reduce | -0.31% | 37.95 ($44.5) 53.34 | $62.32 | 40.04% | Reduce -8.88% | 414,147 | -40,373 | |
SGX:C07 | Jardine Cycle & Carriage Ltd | 2023-10-31 | Reduce | -0.24% | 28.19 (S$31.62) 34 | S$27.20 | -13.98% | Reduce -7.85% | 771,000 | -65,700 | |
TSE:5233 | Taiheiyo Cement Corp | 2023-10-31 | Add | +0.20% | 2471.5 (円2727.74) 3031 | 円3,264.00 | 19.66% | Add 7.71% | 851,200 | 60,900 | |
LSE:BIRG | Bank of Ireland Group PLC | 2023-10-31 | Reduce | -0.16% | 8.25 (€9.13) 9.93 | €9.22 | 1.04% | Reduce -3.51% | 2,852,585 | -103,702 | |
XPAR:AM | Dassault Aviation SA | 2023-07-31 | Sold Out | -2.57% | 158.2 (€173.08) 185.5 | €186.10 | 7.52% | Sold Out | 0 | -93,059 | |
TDW | Tidewater Inc | 2023-07-31 | Reduce | -2.03% | 39.6 ($50.21) 63.11 | $63.43 | 26.33% | Reduce -31.25% | 701,703 | -318,998 | |
XTER:DTG | Daimler Truck Holding AG | 2023-07-31 | Sold Out | -1.47% | 27.81 (€31.03) 34.15 | €35.95 | 15.86% | Sold Out | 0 | -313,906 | |
XTER:BMW | Bayerische Motoren Werke AG | 2023-07-31 | Reduce | -1.18% | 99.41 (€107.29) 112.9 | €75.28 | -29.84% | Reduce -20.85% | 282,320 | -74,388 | |
VAL | Valaris Ltd | 2023-07-31 | Add | +1.08% | 55 ($62.91) 76.8 | $50.51 | -19.71% | Add 36.84% | 368,192 | 99,119 | |
TSE:6856 | Horiba Ltd | 2023-07-31 | Add | +1.07% | 7420 (円7935.8) 8425 | 円9,447.00 | 19.04% | Add 158.63% | 208,200 | 127,700 | |
LSE:ASHM | Ashmore Group PLC | 2023-07-31 | Reduce | -1.00% | 1.94 (£2.2) 2.44 | £2.11 | -3.91% | Reduce -37.55% | 3,822,860 | -2,298,800 | |
XSGO:VAPORES | Compania Sud Americana de Vapores SA | 2023-07-31 | Add | +0.85% | 54.05 (CLP63) 84.64 | CLP52.69 | -16.37% | Add 46% | 251,900,377 | 79,362,053 | |
XTER:DBK | Deutsche Bank AG | 2023-07-31 | Reduce | -0.76% | 9.08 (€9.69) 10.55 | €15.92 | 64.25% | Reduce -18.17% | 2,198,228 | -488,040 | |
LSE:SFOR | S4 Capital PLC | 2023-07-31 | Add | +0.63% | 1.06 (£1.25) 1.46 | £0.40 | -68.03% | Add 22.35% | 17,884,773 | 3,267,502 | |
OSL:SUBC | Subsea 7 SA | 2023-07-31 | Reduce | -0.57% | 110.3 (kr121.97) 139.4 | kr177.90 | 45.86% | Reduce -14.91% | 2,025,711 | -354,919 | |
BSP:UGPA3 | Ultrapar Participacoes SA | 2023-07-31 | Reduce | -0.52% | 14.27 (R$17.95) 19.79 | R$20.64 | 14.99% | Reduce -15.54% | 6,922,193 | -1,274,003 | |
HKSE:00001 | CK Hutchison Holdings Ltd | 2023-07-31 | Reduce | -0.39% | 46 (HK$49.05) 54.45 | HK$41.70 | -14.98% | Reduce -8.98% | 4,203,357 | -414,677 | |
TSX:LUN | Lundin Mining Corp | 2023-07-31 | Reduce | -0.29% | 9.49 (C$10.63) 11.79 | C$14.06 | 32.27% | Reduce -9.18% | 2,644,488 | -267,344 | |
MIL:BZU | Buzzi Spa | 2023-07-31 | Reduce | -0.23% | 21.36 (€22.87) 26.38 | €35.36 | 54.61% | Reduce -6.74% | 894,813 | -64,690 | |
LSE:BIRG | Bank of Ireland Group PLC | 2023-07-31 | Reduce | -0.21% | 8.56 (€9.13) 9.59 | €9.22 | 1.04% | Reduce -4.6% | 2,956,287 | -142,399 | |
SGX:C07 | Jardine Cycle & Carriage Ltd | 2023-07-31 | Reduce | -0.21% | 32.14 (S$33.86) 35.47 | S$27.20 | -19.67% | Reduce -6.39% | 836,700 | -57,100 | |
TSE:3382 | Seven & i Holdings Co Ltd | 2023-07-31 | Add | +0.07% | 1945.67 (円2044.11) 2164 | 円2,224.50 | 8.82% | Add 2.9% | 1,309,200 | 12,300 | |
HCTPF | Hutchison Port Holdings Trust | 2023-07-31 | Reduce | -0.01% | 0.17 ($0.18) 0.2 | $0.15 | -16.67% | Reduce -0.97% | 52,379,827 | -514,300 | |
CMA | Comerica Inc | 2023-07-31 | Reduce | -0.01% | 31.21 ($42.35) 53.96 | $62.32 | 47.15% | Reduce -0.48% | 454,520 | -2,208 | |
CMA | Comerica Inc | 2023-04-30 | Add | +1.20% | 39.92 ($56.1) 76.94 | $62.32 | 11.09% | Add 74.5% | 456,728 | 194,986 | |
TDW | Tidewater Inc | 2023-04-30 | Reduce | -1.06% | 39.27 ($44.67) 51.78 | $63.43 | 42.00% | Reduce -14.81% | 1,020,701 | -177,442 | |
LSE:BIRG | Bank of Ireland Group PLC | 2023-04-30 | Reduce | -1.02% | 8.78 (€9.66) 10.63 | €9.22 | -4.50% | Reduce -18.32% | 3,098,686 | -695,193 | |
TSE:6856 | Horiba Ltd | 2023-04-30 | New Buy | +0.63% | 5950 (円7233.55) 7930 | 円9,447.00 | 30.60% | New holding | 80,500 | 80,500 | |
TSE:3382 | Seven & i Holdings Co Ltd | 2023-04-30 | Add | +0.53% | 1878.67 (円1996.13) 2196.3301 | 円2,224.50 | 11.44% | Add 24.37% | 1,272,300 | 83,100 | |
BSP:UGPA3 | Ultrapar Participacoes SA | 2023-04-30 | Add | +0.43% | 12.33 (R$13.6) 14.89 | R$20.64 | 51.76% | Add 14.84% | 8,196,196 | 1,059,127 | |
HKSE:00001 | CK Hutchison Holdings Ltd | 2023-04-30 | Add | +0.42% | 46.8 (HK$49.19) 52.5 | HK$41.70 | -15.23% | Add 10.71% | 4,618,034 | 446,699 | |
FPH | Five Point Holdings LLC | 2023-04-30 | Sold Out | -0.29% | 2.03 ($2.31) 2.7 | $4.23 | 83.12% | Sold Out | 0 | -809,660 | |
OSL:SUBC | Subsea 7 SA | 2023-04-30 | Reduce | -0.27% | 117.05 (kr127.8) 148.6 | kr177.90 | 39.20% | Reduce -6.09% | 2,380,630 | -154,511 | |
XSGO:VAPORES | Compania Sud Americana de Vapores SA | 2023-04-30 | Add | +0.26% | 69 (CLP79.77) 87.49 | CLP52.69 | -33.95% | Add 11.4% | 172,538,324 | 17,658,321 | |
LAZ | Lazard Ltd | 2023-04-30 | Add | +0.24% | 31.27 ($35.23) 41.16 | $54.30 | 54.13% | Add 12.56% | 481,253 | 53,708 | |
HCC | Warrior Met Coal Inc | 2023-04-30 | Add | +0.23% | 33.17 ($37.25) 42.44 | $64.74 | 73.80% | Add 4.19% | 1,185,382 | 47,670 | |
HA | Hawaiian Holdings Inc | 2023-04-30 | Add | +0.21% | 7.58 ($9.49) 12.32 | $18.00 | 89.67% | Add 15.35% | 1,369,475 | 182,264 | |
LSE:SFOR | S4 Capital PLC | 2023-04-30 | Add | +0.18% | 1.45 (£1.86) 2.46 | £0.40 | -78.52% | Add 4.84% | 14,617,271 | 674,591 | |
XTER:DTG | Daimler Truck Holding AG | 2023-04-30 | Add | +0.16% | 28.7 (€30.72) 32.9 | €35.95 | 17.02% | Add 12.5% | 313,906 | 34,884 | |
HCTPF | Hutchison Port Holdings Trust | 2023-04-30 | Add | +0.05% | 0.18 ($0.19) 0.2 | $0.15 | -21.05% | Add 3.37% | 52,894,127 | 1,723,500 | |
LSE:BIRG | Bank of Ireland Group PLC | 2023-01-31 | Reduce | -2.07% | 7.18 (€8.33) 9.83 | €9.22 | 10.74% | Reduce -30.02% | 3,793,879 | -1,627,604 | |
HA | Hawaiian Holdings Inc | 2023-01-31 | Add | +1.06% | 9.67 ($12.69) 15.05 | $18.00 | 41.84% | Add 110.58% | 1,187,211 | 623,419 | |
TDW | Tidewater Inc | 2023-01-31 | Reduce | -0.92% | 29.07 ($34.56) 43.4 | $63.43 | 83.54% | Reduce -11.38% | 1,198,143 | -153,822 | |
HKSE:00001 | CK Hutchison Holdings Ltd | 2023-01-31 | Add | +0.65% | 39.25 (HK$45.44) 50.9 | HK$41.70 | -8.23% | Add 21.72% | 4,171,335 | 744,253 | |
BSP:UGPA3 | Ultrapar Participacoes SA | 2023-01-31 | Add | +0.43% | 11.76 (R$12.99) 14.31 | R$20.64 | 58.89% | Add 19.97% | 7,137,069 | 1,187,988 | |
HCC | Warrior Met Coal Inc | 2023-01-31 | Reduce | -0.32% | 32.11 ($35.86) 39.08 | $64.74 | 80.54% | Reduce -4.14% | 1,137,712 | -49,123 | |
TSE:3382 | Seven & i Holdings Co Ltd | 2023-01-31 | Add | +0.32% | 1803.67 (円1898.5601) 2051 | 円2,224.50 | 17.17% | Add 16.62% | 1,023,000 | 48,600 | |
OSL:SUBC | Subsea 7 SA | 2023-01-31 | Reduce | -0.31% | 102.95 (kr112.25) 124.65 | kr177.90 | 58.49% | Reduce -6.52% | 2,535,141 | -176,716 | |
TSX:CS | Capstone Copper Corp | 2023-01-31 | Add | +0.30% | 3.34 (C$5) 6.58 | C$10.37 | 107.40% | Add 4.85% | 9,666,121 | 447,497 | |
SGX:C07 | Jardine Cycle & Carriage Ltd | 2023-01-31 | Add | +0.25% | 27.56 (S$29.1) 31.53 | S$27.20 | -6.53% | Add 9.9% | 893,800 | 80,500 |
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Third Avenue Value Fund News
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