Third Avenue Management LLC - Q42025 Holdings

Third Avenue Management LLC holds 51 stocks with a total portfolio value of $ 550.21M as of Q42025. In Q42025, Third Avenue Management LLC added 4 new positions, increased stakes in 21 stocks, reduced 12 holdings, and fully exited 3 positions. The largest holding is Warrior Met Coal Inc. (HCC), representing 9.35% of the total portfolio.