THIRD AVENUE MANAGEMENT LLC Holdings - 4Q25

As of December 31, 2025, THIRD AVENUE MANAGEMENT LLC reported 51 positions comprising 51 stocks worth $550.2M. The top 5 holdings represented 33.0% of the portfolio. During the quarter, the fund entered 4 new positions and exited 3. Explore portfolio value and concentration trends, quarterly position counts, and a detailed breakdown of each holding below.