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Third Avenue Small Cap Value Fund's investment thesis on Five Point Holdings ($FPH) — Q4 2024 | Buyside Digest

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$FPHNYSEFive Point Holdings

BULL

Third Avenue Small Cap Value Fund—FPH

Fund Letter

Q4 2024

Published January 17, 2025

View Fund Profile

$5.16USD

-0.0% vs last month

$5.75Pitched

-10.3% since pitch

Market Cap$763.0M

P/E (TTM)N/A

52-Wk RangeN/A

Div. YieldN/A

Technical Chart

From the Fund Letter

Five Point Holdings controls valuable, supply-constrained coastal California real estate but previously suffered from high overhead and poor corporate communication. Under new leadership,...

— Matthew Fine, CFA and Jason Wolf, CFA

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