THIRD AVENUE MANAGEMENT LLC Information

622 THIRD AVENUE, NEW YORK, New York, 10017, (212) 888-5222

Report Date: 12/31/2014

Position Statistics

Total Positions 156
New Positions 9
Increased Positions 45
Decreased Positions 95
Positions with Activity 140
Sold Out Positions 16
Total Mkt Value (in $ millions) 4,035

Institutional Holdings information is filed by major institutions on form 13-F with the Securities and Exchange Commission.

Sector Weighting

Basic Materials 15.35%
Capital Goods 11.07%
Conglomerates 0.18%
Consumer Cyclical 2.13%
Consumer/Non-Cyclical 0.35%
Energy 6.04%
Financial 27.25%
Healthcare 3.56%
Services 24.07%
Technology 4.95%
Transportation 0.3%
Utilities 2.18%

45 INCREASED Positions as of 12/31/2014

Company Class Value of Shares ($1,000s) ▼ Change in Value ($1,000s) Change (%) Shares Held
BROOKFIELD ASSET MGMT INC CL A LTD VT SH 167,240 1,050 .63 3,053,500
FOREST CITY ENTERPRISES INC CL A 162,833 2,478 1.55 6,380,605
COMERICA INC COM 125,292 12,037 10.63 2,726,120
BROOKDALE SR LIVING INC COM 117,420 22,609 23.85 3,165,816
FIRST INDUSTRIAL REALTY TRUST COM 115,487 1,818 1.60 5,424,494
KEYCORP NEW COM 101,708 5,942 6.20 7,208,189
APACHE CORP COM 100,310 15,243 17.92 1,525,859
EQUITY COMWLTH COM SH BEN INT 95,580 1,485 1.58 3,595,950
AGCO CORP COM 92,516 8,815 10.53 1,852,169
VORNADO RLTY TR SH BEN INT 86,656 1,381 1.62 792,250
REALOGY HLDGS CORP COM 76,551 1,199 1.59 1,647,311
ZIONS BANCORPORATION COM 75,693 17,933 31.05 2,863,921
GENERAL MTRS CO COM 74,810 70,492 1,632.46 1,991,758
CBS CORP (CLASS B) CL B 74,160 33,170 80.92 1,253,973
RAYONIER INC COM 68,375 53,365 355.53 2,523,070
STARWOOD WAYPOINT RESIDENTL TR COM SHS 64,264 6,300 10.87 2,621,933
TARGET CORP COM 57,957 14,857 34.47 753,665
TEJON RANCH CO COM 57,526 586 1.03 2,328,058
PNC FINL SVCS GROUP INC WT EXP 123118 51,497 5,413 11.75 1,980,654
LOEWS CORP COM 47,614 3,997 9.17 1,155,399