Third Avenue Management, an investment management company based in New York City, released its “Third Avenue Small-Cap Value Fund” second-quarter 2025 investor letter. During the quarter, the fund returned 6.53% compared to -4.74% for the MSCI USA Small-Cap Value Index (the “Index”) and 4.96% return for the Russell 2000 Value Index. For more information on the fund’s top picks in 2025, please check its top five holdings.
A copy of Third Avenue Management Small-Cap Value Fund’s Q2 2025 investor letter can be downloaded here.Create a free account, or log in to read the full article
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