Matthew Fine
Third Avenue Value Fund
Value
550.2M
Stocks
51 Stocks (4 new)
Turnover
3.87%
CIK
1099281
Top Holdings
HCC(9.35%) TDW(8.01%) BCC(5.75%) VAL(5.35%) BN(4.57%)
About Investor
Established investor leading Third Avenue Value Fund, with expertise in deep value investing and distressed assets. Has built a strong track record by focusing on fundamental research and maintaining a consistent investment approach through various market environments.
Investor Philosophy
Specializes in deep value investing and distressed assets through a disciplined investment approach. Emphasizes thorough research, risk management, and identifying opportunities across market cycles. Known for maintaining a consistent strategy while adapting to changing market conditions.
Matthew Fine Top Holdings
| Ticker | Put/Call | Company Name | Industry | Value (M) | Shares | Weight % | Shares Purchased/Sold (M) | Change in Share % | Market Cap (M) |
|---|---|---|---|---|---|---|---|---|---|
| HCC | - | Warrior Met Coal Inc. | Materials | 51.4M | 583.3K | 9.3% | -58,596 | -9.1% | 4,539.4M |
| TDW | - | Tidewater Inc. | Energy | 44.1M | 873.1K | 8.0% | -1,596 | -0.2% | 3,503.1M |
| BCC | - | Boise Cascade Company | Materials | 31.6M | 430.0K | 5.8% | 156,294 | 57.1% | 3,189.7M |
| VAL | - | Valaris Ltd. | Energy | 29.5M | 584.4K | 5.4% | -1,229 | -0.2% | 6,320.7M |
| BN | - | Brookfield Corp. | Financials | 25.2M | 548.1K | 4.6% | 169,870 | 44.9% | 106,643.4M |
| CBRE | - | CBRE Group, Inc. | Real Estate | 23.6M | 146.8K | 4.3% | -7,837 | -5.1% | 45,133.0M |
| FPH | - | Five Point Holdings LLC - CL A | Real Estate | 23.0M | 4.1M | 4.2% | 0 | No Change | 798.2M |
| PLD | - | Prologis Inc. | Real Estate | 18.6M | 145.5K | 3.4% | 57 | 0.0% | 129,925.3M |
| ROG | - | Rogers Corp. | Information Technology | 18.3M | 199.5K | 3.3% | 106 | 0.1% | 1,942.6M |
| LEN.B | - | Lennar Corp - Class B | - | 14.1M | 148.0K | 2.6% | 165 | 0.1% | 0 |
Recent Buys (13F)
| Ticker | Put/Call | Amount Bought | Shares Bought | % Change | Weight % | Status |
|---|---|---|---|---|---|---|
|
BCC
Boise Cascade C...
|
- | $15.2M | 156K | 57.1% | 5.75% | Increased |
|
DB
Deutsche Bank A...
|
- | $13.0M | 337K | - | 2.36% | New |
|
BN
Brookfield Corp...
|
- | $5.9M | 170K | 44.9% | 4.57% | Increased |
|
FNF
Fnf Group
|
- | $5.3M | 87K | 73.0% | 2.04% | Increased |
|
AMH
American Homes ...
|
- | $3.2M | 87K | 45.8% | 1.62% | Increased |
Recent Sells (13F)
| Ticker | Put/Call | Amount Sold | Shares Sold | % Change | Weight % | Status |
|---|---|---|---|---|---|---|
|
CMA
Comerica Inc.
|
- | $9.0M | 156K | - | 0.00% | Sold Out |
|
JLL
Jones Lang Lasa...
|
- | $4.3M | 17K | -33.5% | 2.10% | Decreased |
|
HCC
Warrior Met Coa...
|
- | $2.8M | 59K | -9.1% | 9.35% | Decreased |
|
SEB
Seaboard Corp.
|
- | $2.7M | 1K | - | 0.00% | Sold Out |
|
SBSI
Southside Bancs...
|
- | $2.6M | 93K | -44.2% | 0.65% | Decreased |
13F Sector Summary
| Industry | Prev Quarter % | Current Quarter % | Change |
|---|---|---|---|
| Materials | 8.8% | 18.6% | +9.7% |
| Financials | 27.6% | 20.3% | -7.3% |
| Information Technology | 0.8% | 4.1% | +3.3% |
| Consumer Discretionary | 9.9% | 6.9% | -3.0% |
| Real Estate | 24.2% | 21.9% | -2.3% |
| Industrials | 9.5% | 8.0% | -1.5% |
| Health Care | 2.5% | 3.5% | +1.0% |
