TAREX
Third Avenue Real Estate Value Fund Institutional Class
1W: -0.9%
1M: -11.8%
3M: -10.6%
YTD: -10.4%
1Y: -6.3%
3Y: +34.9%
5Y: +17.3%
$22.24
+0.13 (+0.59%)
ETF-Level Metrics
AUM$367M
Holdings31
Top 10 Wt51.1%
Beta1.35
% Profitable74%
Coverage94%
Portfolio Valuation
P/E8.5
P/B0.8
P/S0.8
EV/EBITDA29.7
P/FCF6.3
PEG-6.33
Profitability & Returns
Gross Margin63.0%
Net Margin9.5%
ROE9.2%
ROA0.5%
ROIC1.9%
Div Yield2.01%
Leverage & Liquidity
Debt/Equity15.15
Debt/Assets0.90
Net Debt/EBITDA27.8x
Interest Cov1.0x
Current Ratio2.21
Quick Ratio1.66
Growth (YoY)
Revenue+15.6%
Net Income+6.3%
EPS+1.1%
FCF+41.4%
EBITDA+23.8%
Rev CAGR 3Y+12.4%
Quality Scores
Piotroski F5.8
Altman Z2.33
IS Quality63.2
IS Overall48.6
IS Value69.4
Median P/E17.8
Sector Breakdown
5 sectors| Sector | # Holdings | Total Weight % | Avg P/E |
|---|---|---|---|
| Real Estate | 18 | 47.0% | 94.9 |
| Financial Services | 4 | 23.0% | 25.0 |
| Consumer Cyclical | 6 | 17.4% | 15.2 |
| Industrials | 3 | 6.4% | 45.8 |
| Other | 7 | 5.3% | — |
Smart Money Overlap
0 holdings with signalsNo holdings with active convergence signals
Showing 38 of 38 holdings
· Page 1 of 1
| # | Name | Ticker | Weight % ▼ | Mkt Value | Shares | P/E | Mkt Cap | Sector |
|---|---|---|---|---|---|---|---|---|
| 1 | FANNIE MAE | FNMAS | 6.95% | $25.6M | 1,521,219 | 2.2 | $9.2B | Financial Services |
| 2 | FREDDIE MAC | FMCKJ | 6.92% | $25.4M | 1,590,101 | 1.5 | $7.2B | Financial Services |
| 3 | Brookfield Corp | BN.TO | 6.68% | $24.6M | 533,907 | 76.4 | $123.8B | Financial Services |
| 4 | CBRE Group Inc | CBRE | 6.00% | $22.1M | 144,925 | 34.6 | $40.1B | Real Estate |
| 5 | Dreyfus Treasury Securities Cash Management Bond | — | 5.27% | $19.4M | 19,391,251 | — | — | — |
| 6 | Five Point Holdings LLC | FPH | 4.71% | $17.3M | 2,960,153 | 4.9 | $351M | Real Estate |
| 7 | Prologis Inc | PLD | 4.61% | $17.0M | 136,715 | 36.8 | $121.2B | Real Estate |
| 8 | Lennar Corp | LEN-B | 4.46% | $16.4M | 139,102 | 12.6 | $22.4B | Consumer Cyclical |
| 9 | Jones Lang LaSalle Inc | JLL | 4.02% | $14.8M | 48,529 | 17.9 | $14.2B | Real Estate |
| 10 | Big Yellow Group PLC | BYG.L | 3.54% | $9.9M | 890,360 | 13.1 | $1.7B | Real Estate |
| 11 | Berkeley Group Holdings PLC | BKGFF | 3.24% | $9.1M | 224,850 | 9.3 | $5.2B | Consumer Cyclical |
| 12 | U-Haul Holding Co | UHALB | 3.22% | $11.8M | 243,939 | 96.0 | — | Industrials |
| 13 | Sun Communities Inc | SUI | 3.13% | $11.5M | 91,072 | 11.5 | $15.7B | Real Estate |
| 14 | PulteGroup Inc | PHM | 3.08% | $11.3M | 94,595 | 10.3 | $22.7B | Consumer Cyclical |
| 15 | DR Horton Inc | DHI | 2.98% | $10.9M | 73,449 | 12.1 | $40.1B | Consumer Cyclical |
| 16 | UNITE Group PLC/The | UTGPF | 2.94% | $8.2M | 1,449,846 | 23.0 | $3.3B | Real Estate |
| 17 | Savills PLC | SVLPF | 2.80% | $7.8M | 778,251 | 17.3 | $1.8B | Real Estate |
| 18 | CK Asset Holdings Ltd | 1113.HK | 2.74% | $78.2M | 2,035,326 | 14.1 | $156.7B | Real Estate |
| 19 | Fidelity National Financial In | FNF | 2.49% | $9.2M | 165,749 | 20.1 | $12.1B | Financial Services |
| 20 | National Storage REIT | NSR.AX | 2.24% | $12.6M | 5,466,885 | 17.5 | $3.9B | Real Estate |
| 21 | First Industrial Realty Trust | FR | 2.01% | $7.4M | 133,565 | 31.2 | $7.7B | Real Estate |
| 22 | Segro PLC | SGRO.L | 1.92% | $5.4M | 770,423 | 21.5 | $9.2B | Real Estate |
| 23 | Champion Homes Inc | SKY | 1.85% | $6.8M | 99,956 | 20.0 | $4.2B | Consumer Cyclical |
| 24 | Jardine Matheson Holdings Ltd | JARB.L | 1.83% | $6.7M | 114,900 | 20.2 | $15.1B | Industrials |
| 25 | Accor SA | ACRFF | 1.83% | $5.9M | 132,551 | 26.7 | $11.5B | Consumer Cyclical |
| 26 | Wharf Holdings Ltd/The | WARFF | 1.60% | $45.8M | 2,243,392 | 1372.8 | $9.7B | Real Estate |
| 27 | American Homes 4 Rent | AMH | 1.54% | $5.7M | 179,813 | 22.5 | $10.0B | Real Estate |
| 28 | WESCO International Inc | WCC | 1.35% | $5.0M | 19,148 | 21.4 | $13.5B | Industrials |
| 29 | Rayonier Inc | RYN | 1.21% | $4.5M | 202,154 | 6.6 | $3.2B | Real Estate |
| 30 | Ingenia Communities Group | INGEF | 1.11% | $6.3M | 1,115,309 | 11.4 | $1.1B | Real Estate |
| 31 | Weyerhaeuser Co | WY | 0.87% | $3.2M | 139,777 | 52.7 | $17.0B | Real Estate |
| 32 | Trinity Place Holdings Inc | TPHS | 0.02% | $84,019 | 2,100,472 | -0.3 | $2M | Real Estate |
| 33 | JPMORGAN CHASE BANK, NATIONAL ASSOCIATION Private | — | 0.00% | $1,155 | 35,000,000 | — | — | — |
| 34 | JPMORGAN CHASE BANK, NATIONAL ASSOCIATION Private | — | 0.00% | $0 | 12,000,000 | — | — | — |
| 35 | CONCRETE INVEST II TERM LOAN TRAN A2 Private | — | —% | — | 46,365 | — | — | — |
| 36 | TRINITY PLACE HOLDINGS INC Private | — | —% | — | 3,475,472 | — | — | — |
| 37 | JPMORGAN CHASE BANK, NATIONAL ASSOCIATION Private | — | —% | — | — | — | — | — |
| 38 | JPMORGAN CHASE BANK, NATIONAL ASSOCIATION Private | — | —% | — | — | — | — | — |