Third Avenue Management Small-Cap Value Fund’s Q2 2021 Investor Letter

Third Avenue Management, an investment management firm, published its “Small-Cap Value Fund” second quarter 2021 investor letter – a copy of which can be downloaded here. A quarterly portfolio return of 1.92% was recorded by the fund for the second quarter of 2021, below the Russell 2000 Value Index that delivered a 4.56% gains for the same period. You can view the fund’s top 5 holdings to have an idea about their top bets for 2021.