Third Avenue Management: "Our Carter (CARE) Investment was not Pleasant"
Third Avenue Management, an investment management firm, published its “Small-Cap Value Fund” fourth quarter 2020 investor letter – a copy of which can be downloaded here.
| No. | Hedge Fund | Shares | Value | Activity | % Port |
|---|---|---|---|---|---|
| 1. | AQR Capital Management Cliff Asness | 299,724 | $10,193,613 | +401% | 0% |
| 2. | Algert Coldiron Investors Peter Algert And Kevin Coldiron | 278,213 | $9,462,024 | +78% | 0.11% |
| 3. | Huber Capital Management Joe Huber | 183,553 | $6,242,637 | -4% | 0.92% |
| 4. | Tudor Investment Corp Paul Tudor Jones | 161,420 | $5,489,894 | 0.01% | |
| 5. | Basswood Capital Matthew Lindenbaum | 131,609 | $4,476,022 | -43% | 0.18% |
| Insider | Price | Amount | Total Value | Remaining Holdings | Date | Form 4 |
|---|---|---|---|---|---|---|
| $26.20 | 4,575 | $119,865.00 | 58,753 | 2026-05-06 | Filing | |
| $16.47 | 200 | $3,294.00 | 1,200 | 2025-06-02 | Filing | |
| $13.74 | 35 | $480.90 | 10,617 | 2023-09-14 | Filing | |
| $13.74 | 36 | $494.64 | 3,073 | 2023-09-14 | Filing | |
| $13.74 | 21 | $288.54 | 6,378 | 2023-09-14 | Filing |
| Insider | Price | Amount | Total Value | Remaining Holdings | Date | Form 4 |
|---|---|---|---|---|---|---|
| $34.60 | 1,500 | $51,900.00 | 55,000 | 2026-07-30 | Filing | |
| $34.54 | 2,500 | $86,339.50 | 33,242 | 2026-07-30 | Filing | |
| $26.47 | 5,500 | $145,558.05 | 27,093 | 2026-05-12 | Filing | |
| $26.04 | 1,000 | $26,040.00 | 62,702 | 2026-05-05 | Filing | |
| $17.23 | 1,901 | $32,754.23 | 10,827 | 2025-10-30 | Filing |
| No. | Name | Shares | Value | % Port |
|---|---|---|---|---|
| 1. | 1,796,799 | $61,109,134 | 0% | |
| 2. | 1,256,126 | $42,719,638 | 0.01% | |
| 3. | 955,877 | $32,509,377 | 0% | |
| 4. | 912,310 | $31,027,663 | 0% | |
| 5. | 709,568 | $24,132,411 | 0.01% |