Third Avenue Management

Third Avenue Management as of Dec. 31, 2014

Portfolio Holdings for Third Avenue Management

Third Avenue Management holds 139 positions in its portfolio as reported in the December 2014 quarterly 13F filing

Company (Ticker) Portfolio Weight Valued At Change in Shares Share Count Share Price
Weyerhaeuser Company (WY) 8.4 $334M 9.3M 35.89
Bank of New York Mellon Corporation (BK) 4.2 $166M 4.1M 40.57
Brookfield Asset Management 3.9 $153M 3.1M 50.13
Forest City Enterprises 3.4 $136M 6.4M 21.30
Comerica Incorporated (CMA) 3.2 $128M 2.7M 46.84
Cavco Industries (CVCO) 3.2 $127M 1.6M 79.27
Brookdale Senior Living (BKD) 2.9 $116M 3.2M 36.67
Pos (PKX) 2.9 $114M 1.8M 63.81
First Industrial Realty Trust (FR) 2.8 $112M 5.4M 20.56
Devon Energy Corporation (DVN) 2.7 $109M 1.8M 61.21
Key (KEY) 2.5 $100M 7.2M 13.90
White Mountains Insurance Gp (WTM) 2.5 $97M 155k 630.11
Apache Corporation 2.4 $96M 1.5M 62.67
Vornado Realty Trust (VNO) 2.4 $93M 792k 117.71
Equity Commonwealth (EQC) 2.3 $92M 3.6M 25.67
Covanta Holding Corporation 2.3 $90M 4.1M 22.01
Lowe's Companies (LOW) 2.2 $87M 1.3M 68.80
AGCO Corporation (AGCO) 2.1 $84M 1.9M 45.20
Zions Bancorporation (ZION) 2.1 $82M 2.9M 28.51
Tanger Factory Outlet Centers (SKT) 1.9 $76M 2.0M 36.96
Realogy Hldgs (HOUS) 1.9 $73M 1.6M 44.49
Post Properties 1.8 $72M 1.2M 58.77
Rayonier (RYN) 1.8 $71M 2.5M 27.94
CBS Corporation 1.8 $69M 1.3M 55.34
Symantec Corporation 1.8 $70M 2.7M 25.66
General Motors Company (GM) 1.8 $70M 2.0M 34.91
Starwood Waypoint Residential Trust 1.7 $69M 2.6M 26.37
Tejon Ranch Company (TRC) 1.7 $69M 2.3M 29.46
Alleghany Corporation 1.6 $64M 137k 463.50
Target Corporation (TGT) 1.4 $57M 754k 75.91
Leucadia National 1.4 $56M 2.5M 22.42
NVIDIA Corporation (NVDA) 1.4 $54M 2.7M 20.05
Wts/the Pnc Financial Services Grp wts 1.2 $49M 2.0M 24.95
Loews Corporation (L) 1.2 $49M 1.2M 42.02
Hyatt Hotels Corporation (H) 0.7 $29M 474k 60.21
Wts Wells Fargo & Co. 0.6 $25M 1.2M 21.37
Hersha Hospitality Trust 0.6 $25M 3.6M 7.03
BlackRock Corporate High Yield Fund VI (HYT) 0.6 $24M 2.1M 11.40
Valmont Industries (VMI) 0.6 $23M 182k 127.00
HCC Insurance Holdings 0.4 $17M 312k 53.52
UniFirst Corporation (UNF) 0.4 $15M 125k 121.45
World Fuel Services Corporation (WKC) 0.3 $13M 268k 46.93
First Tr High Income L/s (FSD) 0.3 $13M 798k 16.00
Progress Software Corporation (PRGS) 0.3 $12M 454k 27.02
Rofin-Sinar Technologies 0.3 $12M 422k 28.77
Genpact (G) 0.3 $12M 639k 18.93
Legg Mason 0.3 $12M 215k 53.37
BlackRock Credit All Inc Trust IV (BTZ) 0.3 $12M 902k 12.92
Emcor (EME) 0.3 $11M 246k 44.49
FTI Consulting (FCN) 0.3 $11M 287k 38.63
Tetra Tech (TTEK) 0.3 $11M 409k 26.70
Syntel 0.3 $11M 240k 44.98
Patterson Companies (PDCO) 0.3 $10M 212k 48.10
Barnes (B) 0.2 $9.8M 264k 37.01
Bristow 0.2 $10M 152k 65.79
Prosperity Bancshares (PB) 0.2 $9.4M 170k 55.36
CSG Systems International (CSGS) 0.2 $8.9M 353k 25.07
Cubic Corporation 0.2 $8.6M 163k 52.64
UMB Financial Corporation (UMBF) 0.2 $8.8M 155k 56.89
LSB Industries (LXU) 0.2 $8.3M 265k 31.44
Anixter International 0.2 $8.5M 96k 88.46
Western Asset Hgh Yld Dfnd (HYI) 0.2 $8.4M 532k 15.77
Suncoke Energy (SXC) 0.2 $8.1M 421k 19.34
Wci Cmntys Inc Com Par $0.01 0.2 $8.5M 433k 19.58
Darling International (DAR) 0.2 $8.0M 442k 18.16
Allscripts Healthcare Solutions (MDRX) 0.2 $7.9M 616k 12.77
EnerSys (ENS) 0.2 $7.9M 128k 61.72
Commerce Bancshares (CBSH) 0.2 $7.9M 181k 43.49
Standard Motor Products (SMP) 0.2 $7.9M 206k 38.12
Multi-Color Corporation 0.2 $7.8M 140k 55.42
Arcos Dorados Holdings (ARCO) 0.2 $8.0M 1.5M 5.41
Cullen/Frost Bankers (CFR) 0.2 $7.5M 107k 70.64
VCA Antech 0.2 $7.5M 154k 48.77
Kaiser Aluminum (KALU) 0.2 $7.7M 108k 71.43
Vail Resorts (MTN) 0.2 $7.7M 84k 91.13
Stepan Company (SCL) 0.2 $7.6M 189k 40.08
P.H. Glatfelter Company 0.2 $7.5M 293k 25.57
Arch Capital Group (ACGL) 0.2 $7.2M 122k 59.10
City National Corporation 0.2 $7.2M 89k 80.82
Actuant Corporation 0.2 $7.0M 258k 27.24
Alamo (ALG) 0.2 $7.1M 146k 48.44
Ali (ALCO) 0.2 $7.2M 144k 50.03
Seacor Holdings 0.2 $6.8M 93k 73.81
Insight Enterprises (NSIT) 0.2 $6.7M 260k 25.89
ICF International (ICFI) 0.2 $6.9M 169k 40.98
Semgroup Corp cl a 0.2 $6.6M 97k 68.39
ABM Industries (ABM) 0.2 $6.2M 217k 28.65
Teleflex Incorporated (TFX) 0.2 $6.4M 56k 114.82
Cst Brands 0.2 $6.5M 148k 43.61
Clean Harbors (CLH) 0.1 $5.5M 114k 48.05
Pinnacle Entertainment 0.1 $5.7M 255k 22.25
Ingram Micro 0.1 $5.6M 203k 27.64
Capital Southwest Corporation (CSWC) 0.1 $5.7M 150k 37.91
Broadridge Financial Solutions (BR) 0.1 $5.1M 111k 46.18
New America High Income Fund I (HYB) 0.1 $5.1M 566k 8.94
Western Asset Managed High Incm Fnd 0.1 $5.2M 1.0M 5.11
Lehman Brothers First Trust IOF (NHS) 0.1 $5.2M 426k 12.30
Era 0.1 $5.2M 245k 21.15
Valley National Ban (VLY) 0.1 $4.6M 473k 9.71
Ares Dynamic Cr Allocation (ARDC) 0.1 $4.7M 297k 15.82
Deutsche High Income Opport 0.1 $4.8M 345k 14.03
Regal-beloit Corporation (RRX) 0.1 $4.3M 57k 75.21
Radio One 0.1 $3.9M 2.3M 1.67
Ally Financial (ALLY) 0.1 $3.5M 150k 23.62
Viad (PRSU) 0.1 $2.6M 98k 26.66
Cooper Tire & Rubber Company 0.1 $2.2M 65k 34.65
Forestar 0.1 $2.3M 151k 15.40
Encore Wire Corporation (WIRE) 0.1 $2.5M 67k 37.33
Comerica Inc *w exp 11/14/201 0.1 $2.3M 130k 17.97
Century Communities (CCS) 0.1 $2.3M 133k 17.28
Ucp Inc-cl A 0.1 $1.8M 174k 10.50
American International (AIG) 0.0 $1.6M 28k 55.99
Trust Spanish (SBSAA) 0.0 $1.6M 682k 2.31
Navient Corporation equity (NAVI) 0.0 $1.5M 71k 21.60
PNC Financial Services (PNC) 0.0 $1.3M 14k 91.26
Independence Bank 0.0 $1.1M 77k 14.69
Forest Oil Corporation 0.0 $880k 4.0M 0.22
Wells Fargo & Company (WFC) 0.0 $916k 17k 54.85
Kimco Realty Corporation (KIM) 0.0 $655k 26k 25.15
Madison Square Garden 0.0 $757k 10k 75.30
Capital One Financial Cor w exp 11/201 0.0 $627k 15k 41.80
Acadia Realty Trust (AKR) 0.0 $641k 20k 32.05
Terreno Realty Corporation (TRNO) 0.0 $872k 42k 20.62
Tejon Ranch Co *w Exp 08/31/2016 warrants & rights 0.0 $658k 359k 1.83
Voya Financial (VOYA) 0.0 $848k 20k 42.40
DST Systems 0.0 $282k 3.0k 94.00
Sanofi-Aventis SA (SNY) 0.0 $488k 11k 45.59
Encana Corp 0.0 $357k 26k 13.95
Total (TTE) 0.0 $215k 4.2k 51.18
Isle of Capri Casinos 0.0 $299k 36k 8.37
Cedar Shopping Centers 0.0 $587k 80k 7.34
Powell Industries (POWL) 0.0 $523k 11k 49.11
PS Business Parks 0.0 $485k 6.1k 79.51
Westlake Chemical Corporation (WLK) 0.0 $275k 4.5k 61.11
ExlService Holdings (EXLS) 0.0 $431k 15k 28.72
Excel Trust 0.0 $521k 39k 13.40
Prologis (PLD) 0.0 $382k 8.9k 43.02
Annaly Capital Management 0.0 $143k 13k 10.82
Capstead Mortgage Corporation 0.0 $154k 13k 12.32