Third Avenue Management

Gain exclusive insights from Third Avenue’s latest shareholder letters that are now available. Read the Q3 '24 commentaries for further perspective on performance, activity, and positioning: https://lnkd.in/gPuM9Dn3 #valueinvesting #activemanagement #investing

Quentin Velleley, CFA, PM of the Third Avenue Int’l Real Estate Value Strategy, is featured in a Forbes article by Jacob Wolinsky discussing two of his under- the-radar investments, Helical plc & StorageVault Canada Inc..  Read the full article here: https://lnkd.in/emJDEAgv #REIFX #valueinvesting #realestate

“The setup for real estate securities is similar to the early 2000’s,” suggests Ryan Dobratz, CFA in this segment exploring “Why Now” is an opportune time to revisit Listed Real Estate and “Why Third Avenue” is a strategic option for such an allocation: https://lnkd.in/eZ3n5q7g #TAREX #valueinvesting #realestate

The Third Avenue Real Estate Value Fund is included in Barron's feature “Real Estate is Staging a Comeback. 6 Ways to Play It.” with Lewis Braham noting that “Those looking to bargain hunt in the real estate sector might want to consider the more value-oriented Third Avenue Fund” and PM Ryan Dobratz, CFA highlighting the Fund’s investment in Sun Communities & Sun Outdoors, a #REIT with “incredibly scarce assets”. To gain more insight, access the entire article here: https://lnkd.in/eXezrS5M Please visit https://lnkd.in/eMCyMDMj for important information. #TAREX #valueinvesting #realestate

Discover the insights of Quentin Velleley, CFA, PM of Third Avenue’s International Real Estate Value Strategy, as he delves into the dynamic investment landscape for global real estate in his latest interview with Jacob Wolinsky of Hedge Fund Alpha (formerly ValueWalk). Learn how the fund's unique value-oriented approach uncovers high-potential investments like Helical plc and Storage Vault. Read the full interview here: https://lnkd.in/e2vrFkne #REIFX #valueinvesting #realestate

Gain exclusive insights from Third Avenue’s latest shareholder letters that are now available. Read the Q2 '24 commentaries for further perspective on performance, activity, and positioning: https://lnkd.in/gPuM9Dn3 #valueinvesting #activemanagement #investing

Quentin Velleley, CFA, PM of Third Avenue’s International Real Estate Value Strategy, expands on his dynamic investment case for Mexican real-estate developer Inmobiliaria Vesta in this month’s edition of Value Investor Insight. Read the full interview here: https://lnkd.in/ei4aiZda #REIFX #valueinvesting #realestate

Citywire USA has featured Third Avenue’s Matthew Fine, CFA among their “Elite Investors” in this recent piece, “Time to invest like a young Buffet in 1999” by Algy Craig Hall. Learn how Matt guides Third Avenue by opportunistically focusing on undervalued, asset-rich companies globally that can lead to substantial returns, and, how “a great balance sheet in a difficult environment can be weaponized to create huge amounts of corporate value” for shareholders. Read the full article here:https://lnkd.in/eBuvjyTH #TAVFX #valueinvesting #activemanagement

Third Avenue congratulates Quentin Velleley, CFA and the International Real Estate Value Fund on its 10-Year Anniversary. The strategy has outperformed its Benchmark by more than 425 basis points annually over the past decade (as of 5/8/2024) and the Fund is currently rated 5-Stars by Morningstar. Read the Full Press Release here: https://lnkd.in/evzBEKXU #valueinvesting #thirdavenuemanagement #REIFX Click here for standard performance: https://lnkd.in/ea2mghva Overall Morningstar rating, as of March 31, 2024, vs. 179 funds. REIFX was rated against the following numbers of Global Real Estate Category Funds over the following time periods: 179 funds in the last three years and 179 funds in the last five years. Past performance is no guarantee of future results; returns include reinvestment of all distributions. The chart represents past performance and current performance may be lower or higher than performance quoted above. Investment return and principal value fluctuate so that an investor’s shares, when redeemed, may be worth more or less than the original cost. For the most recent month-end performance, please visit the Fund’s website at www.thirdave.com.

Watch an insightful Value: After Hours episode hosted by Tobias Carlisle and Jake Taylor featuring Victor Cunningham, CFA, Small-Cap Value PM, as he unveils his investment strategy rooted in fundamental analysis and patience. The conversation delves into Marty Whitman’s influence, the challenges small-cap companies face and the potential shift towards active management in a new investment era ahead. Watch the interview here: https://lnkd.in/ePSf8_Wy #TASCX #activemanagement #smallcapstocks