Marty Whitman's portfolio
Balance-sheet-focused value; pioneered safe-and-cheap investing in stressed and distressed assets.
What changed in Q2 2026
Compared with the previous 13F. Values are as reported at quarter end. How to read a 13F.
New positions
- Taylor Morn HomeTMHC$6M
- MaximusMMS$4M
- CRA InternationalCRAI$3M
Added to
- TidewaterTDW$62M
- Boise Cascad LlcBCC$47M
- ValarisVAL$37M
- Robert Half InternationalRHI$37M
- Harley-DavidsonHOG$36M
- Lennar Corp - B ShsLEN/B$13M
- FirstServiceFSV$9M
- OSGOSG$8M
- Brookdale Senior LivingBKD$8M
- ICF InternationalICFI$7M
Trimmed
- Warrior Met CoalHCC$23M
- Five Point Holdings LLCFPH$19M
- CBRE Group Inc Class ACBRE$18M
- BrookfieldBN$17M
- U-Haul Holding Co-Non VotingUHAL/B$16M
- PrologisPLD$14M
- PulteGroupPHM$13M
- Encore CapitalECPG$12M
- DR HortonDHI$11M
- Sun CommunitiesSUI$11M
Sold out
None this quarter.
Holdings
55 US-listed positions in the Q2 2026 13F, largest first (top 50 shown; all of them in Investingly).
| Stock | % of portfolio | Value | Shares | Last quarter |
|---|---|---|---|---|
| TidewaterTDW | 9.95% | $62M | 934,121 | Added |
| Boise Cascad LlcBCC | 7.47% | $47M | 602,086 | Added |
| ValarisVAL | 5.99% | $37M | 516,313 | Added |
| Robert Half InternationalRHI | 5.93% | $37M | 1,208,336 | Added |
| Harley-DavidsonHOG | 5.79% | $36M | 1,480,880 | Added |
| Warrior Met CoalHCC | 3.70% | $23M | 285,398 | Trimmed |
| Five Point Holdings LLCFPH | 3.12% | $19M | 3,696,155 | Trimmed |
| CBRE Group Inc Class ACBRE | 2.93% | $18M | 135,896 | Trimmed |
| BrookfieldBN | 2.69% | $17M | 394,929 | Trimmed |
| U-Haul Holding Co-Non VotingUHAL/B | 2.62% | $16M | 283,872 | Trimmed |
| PrologisPLD | 2.27% | $14M | 104,823 | Trimmed |
| Lennar Corp - B ShsLEN/B | 2.12% | $13M | 149,658 | Added |
| PulteGroupPHM | 2.09% | $13M | 95,111 | Trimmed |
| Encore CapitalECPG | 1.94% | $12M | 129,717 | Trimmed |
| DR HortonDHI | 1.80% | $11M | 69,205 | Trimmed |
| UMB FinancialUMBF | 1.79% | $11M | 78,245 | Held |
| Sun CommunitiesSUI | 1.75% | $11M | 91,454 | Trimmed |
| ROGROG | 1.61% | $10M | 61,584 | Trimmed |
| Jones Lang LaSalleJLL | 1.59% | $10M | 32,053 | Trimmed |
| Fidelity National FinancialFNF | 1.46% | $9M | 193,119 | Trimmed |
| SkylineSKY | 1.42% | $9M | 100,576 | Trimmed |
| FirstServiceFSV | 1.41% | $9M | 61,951 | Added |
| American Homes 4 RentAMH | 1.41% | $9M | 262,058 | Trimmed |
| OSGOSG | 1.34% | $8M | 1,341,879 | Added |
| Brookdale Senior LivingBKD | 1.27% | $8M | 494,826 | Added |
| Prosperity BancsharesPB | 1.19% | $7M | 102,168 | Held |
| ICF InternationalICFI | 1.15% | $7M | 98,893 | Added |
| SUPNSUPN | 1.14% | $7M | 152,724 | Held |
| AlamoALG | 1.11% | $7M | 42,265 | Added |
| Collegium PharmaceuticalCOLL | 1.06% | $7M | 182,645 | Added |
| Catalyst PharmaceuticalsCPRX | 1.06% | $7M | 210,161 | Held |
| Myr | 1.05% | $7M | 13,066 | Held |
| Atlanta Braves | 1.01% | $6M | 111,880 | Held |
| Taylor Morn HomeTMHC | 0.99% | $6M | 85,941 | New |
| Investors TitleITIC | 0.96% | $6M | 21,894 | Held |
| PBF EnergyPBF | 0.95% | $6M | 131,050 | Held |
| WESCO InternationalWCC | 0.94% | $6M | 16,963 | Trimmed |
| Kaiser AluminumKALU | 0.93% | $6M | 29,848 | Trimmed |
| UnifirstUNF | 0.88% | $6M | 20,802 | Trimmed |
| QualysQLYS | 0.86% | $5M | 39,120 | Held |
| Central SecuritiesCET | 0.85% | $5M | 101,812 | Held |
| Flagstar FinancialFLG | 0.79% | $5M | 331,241 | Held |
| SDSD | 0.77% | $5M | 352,558 | Added |
| OceanFirst FinancialOCFC | 0.77% | $5M | 246,662 | Held |
| First Industrial Realty TrustFR | 0.76% | $5M | 77,498 | Trimmed |
| Lsb IndustriesLXU | 0.66% | $4M | 381,096 | Held |
| SBSISBSI | 0.66% | $4M | 116,879 | Held |
| BlueLinxBXC | 0.64% | $4M | 64,369 | Held |
| MaximusMMS | 0.64% | $4M | 74,085 | New |
| Hongkong Land Holdings | 0.63% | $4M | 550,300 | Held |
By sector
Share of the reported value.
Reported value over time
Total 13F value at each quarter end.
Questions
What stocks does Marty Whitman own?
In the Q2 2026 13F, Third Avenue Management LLC reported 55 US stock positions worth $625M. The largest: Tidewater (TDW) 10.0%, Boise Cascad Llc (BCC) 7.5%, Valaris (VAL) 6.0%, Robert Half International (RHI) 5.9%, Harley-Davidson (HOG) 5.8%.
What did Marty Whitman buy last quarter?
In Q2 2026: new position in Taylor Morn Home (TMHC); new position in Maximus (MMS); new position in CRA International (CRAI); added to Tidewater (TDW); added to Boise Cascad Llc (BCC); added to Valaris (VAL).
When is Marty Whitman's next 13F?
13F filings are due 45 days after each quarter ends. The Q3 2026 filing is due by November 14, 2026.
More investors
13F filings list US-listed long positions (and some options) held at quarter end. They leave out short positions, cash, bonds and non-US holdings, and arrive up to 45 days after the quarter ends, so the investor may have traded since. Information only, not investment advice.