 | |
Third Avenue Value Fund | TAVFXMutual Fund | |
| Third Avenue Value Fund | |
| Last update 2024-06-25 | 32 Stocks (3 new) |
| Value $703.00 Mil | Turnover 7 % |
| 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's Portfolio
Third Avenue Value Fund Current Holdings
| Ticker |
|---|
| Ticker |
LSE:HBR |
LSE:CBG |
TSE:8283 |
SGX:G13 |
HKSE:00001 |
XTER:MBG |
XKRX:081660 |
TSX:CS |
HCC |
XTER:DBK |
XTER:BMW |
LSE:BIRG |
LSE:EZJ |
MIL:BZU |
TSE:6856 |
TSX:LUN |
VAL |
ORI |
CMA |
XSGO:VAPORES |
| Ticker | | Company | Shares | Value ($1000) | Shares Change % | Weighting % | Trade Impact % | % of Shares outstanding | 3M Change % | YTD Change % | Market Cap $Mil | Industry |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Ticker | | Company | Shares | Value ($1000) | Shares Change % | Weighting % | Trade Impact % | % of Shares outstanding | 3M Change % | YTD Change % | Market Cap $Mil | Industry |
LSE:HBR | Harbour Energy PLC | 5,506,445 | 19677.18 | New Holding | 2.8 | +2.80% | 0.72 | +17.24% | +4.78% | 2382.317 | Oil & Gas | |
LSE:CBG | Close Brothers Group PLC | 2,184,235 | 12429.28 | New Holding | 1.77 | +1.77% | 1.45 | +1.29% | -46.65% | 637.465 | Banks | |
TSE:8283 | Paltac Corp | 226,500 | 6855.47 | New Holding | 0.97 | +0.97% | 0.36 | +9.22% | -0.66% | 275331.345 | Consumer Packaged Goods | |
SGX:G13 | Genting Singapore Ltd | 23,698,500 | 15815.68 | +34.70% | 2.25 | +0.58% | 0.2 | -0.08% | -11.57% | 10442.741 | Travel & Leisure | |
HKSE:00001 | CK Hutchison Holdings Ltd | 4,135,655 | 20085.95 | +16.15% | 2.86 | +0.40% | 0.11 | +3.37% | -6.64% | 143243.664 | Conglomerates | |
XTER:MBG | Mercedes-Benz Group AG | 277,119 | 20961.52 | +12.82% | 2.98 | +0.34% | 0.03 | -5.63% | +11.36% | 69079.404 | Vehicles & Parts | |
XKRX:081660 | Fila Holdings | 525,088 | 15457.34 | +10.44% | 2.2 | +0.21% | 0.88 | +4.56% | +3.62% | 2398671.926 | Travel & Leisure | |
TSX:CS | Capstone Copper Corp | 7,562,750 | 52353.91 | 0% | 7.44 | 0% | 1 | +12.53% | +50.39% | 7302.201 | Metals & Mining | |
HCC | Warrior Met Coal Inc | 665,308 | 45473.8 | 0% | 6.47 | 0% | 1.27 | +3.54% | +4.13% | 3282.915 | Steel | |
XTER:DBK | Deutsche Bank AG | 2,198,228 | 35111.21 | 0% | 4.99 | 0% | 0.11 | +5.22% | +24.10% | 29435.87 | Banks | |
XTER:BMW | Bayerische Motoren Werke AG | 295,243 | 32166.53 | 0% | 4.57 | 0% | 0.05 | -12.25% | -6.87% | 56100.329 | Vehicles & Parts | |
LSE:BIRG | Bank of Ireland Group PLC | 2,998,475 | 31992.01 | 0% | 4.55 | 0% | 0.29 | +7.46% | +23.16% | 9967.09 | Banks | |
LSE:EZJ | easyJet PLC | 4,579,913 | 30676.49 | 0% | 4.36 | 0% | 0.61 | -19.81% | -9.52% | 3446.92 | Transportation | |
MIL:BZU | Buzzi Spa | 739,479 | 26643.66 | 0% | 3.79 | 0% | 0.4 | +4.81% | +38.54% | 6913.241 | Building Materials | |
TSE:6856 | Horiba Ltd | 268,800 | 26078.74 | 0% | 3.71 | 0% | 0.64 | -16.43% | +18.46% | 544544.787 | Hardware | |
TSX:LUN | Lundin Mining Corp | 2,255,391 | 25754.36 | 0% | 3.66 | 0% | 0.29 | +10.51% | +42.23% | 11828.265 | Metals & Mining | |
VAL | Valaris Ltd | 368,192 | 23954.57 | 0% | 3.41 | 0% | 0.51 | -1.01% | +8.65% | 5394.606 | Oil & Gas | |
ORI | Old Republic International Corp | 716,482 | 21394.15 | 0% | 3.04 | 0% | 0.26 | +1.44% | +6.96% | 8399.642 | Insurance | |
CMA | Comerica Inc | 414,147 | 20777.75 | 0% | 2.95 | 0% | 0.31 | -5.79% | -5.89% | 6767.253 | Banks | |
XSGO:VAPORES | Compania Sud Americana de Vapores SA | 251,900,377 | 19652.45 | 0% | 2.79 | 0% | 0.49 | -15.34% | +15.34% | 3066875.801 | Transportation |
Total 32
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