Top 5 Stock Picks of Martin Whitman’s Third Avenue Management

4. Prologis, Inc. (NYSE:PLD)

Third Avenue Management’s Stake Value: $39.115 million

Number of hedge fund holders: 38

Prologis, Inc. (NYSE:PLD) is a real estate investment trust which became the biggest industrial real estate company in the globe after its merger with AMB Property Corporation. Huge news has come about recently about Prologis, Inc. (NYSE:PLD) merging with Duke Realty, in what will be a deal worth $26 billion, which will be welcomed by Vanguard Group, the biggest shareholder of Prologis, Inc. (NYSE:PLD). Prologis, Inc. (NYSE:PLD) has also been a huge benefiter of the pandemic, which has seen its business reach new heights, and this massive deal will only cement its position as the biggest REIT in the world.