TAREX
Third Avenue Real Estate Value Fund Institutional Class
1W: -2.6%
1M: -6.7%
3M: -9.1%
YTD: -13.2%
1Y: -19.8%
3Y: +27.3%
5Y: +4.1%
$21.42
+0.02 (+0.09%)
Weekly Expected Move ±1.7%
$21
$21
$21
$22
$22
ETF-Level Metrics
AUM$350M
Holdings31
Top 10 Wt47.2%
Beta1.16
% Profitable71%
Coverage91%
Portfolio Valuation
P/E3.8
P/B0.3
P/S0.4
EV/EBITDA21.0
P/FCF2.0
PEG0.30
Profitability & Returns
Gross Margin42.8%
Net Margin9.7%
ROE8.3%
ROA0.6%
ROIC3.4%
Div Yield2.13%
Leverage & Liquidity
Debt/Equity10.90
Debt/Assets0.87
Net Debt/EBITDA19.6x
Interest Cov3.2x
Current Ratio1.78
Quick Ratio1.56
Growth (YoY)
Revenue+7.0%
Net Income+17.6%
EPS+18.9%
FCF+57.4%
EBITDA+18.1%
Rev CAGR 3Y+11.8%
Quality Scores
Piotroski F5.9
Altman Z2.25
IS Quality62.8
IS Overall47.8
IS Value69.3
Median P/E13.3
Sector Breakdown
6 sectors| Sector | # Holdings | Total Weight % | Avg P/E |
|---|---|---|---|
| Real Estate | 17 | 47.2% | 9.0 |
| Financial Services | 4 | 19.7% | -257.7 |
| Consumer Cyclical | 6 | 18.8% | 18.9 |
| Industrials | 3 | 8.6% | 64.2 |
| Other | 7 | 3.0% | — |
| Healthcare | 1 | 2.0% | -18.8 |
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 | BROOKFIELD CORP | BROXF | 6.42% | $19.6M | 435,238 | 25.8 | $34.2B | Financial Services |
| 2 | CBRE GROUP INC | 0HQP.L | 5.95% | $18.2M | 127,532 | 29.5 | $38.8B | Real Estate |
| 3 | FEDERAL HOME LOAN MORTGAGE CORP | FMCKJ | 5.13% | $15.7M | 1,394,619 | -1073.0 | $4.4B | Financial Services |
| 4 | FEDERAL NATIONAL MORTGAGE ASSOCIATION | FNMAS | 5.03% | $15.4M | 1,314,560 | 2.7 | $5.9B | Financial Services |
| 5 | PROLOGIS INC | 0KOD.L | 4.90% | $15.0M | 105,403 | 28.6 | $120.6B | Real Estate |
| 6 | FIVE POINT HOLDINGS LLC | FPH | 4.36% | $13.3M | 2,674,298 | 6.1 | $323M | Real Estate |
| 7 | U-HAUL HOLDING COMPANY | UHALB | 4.15% | $12.7M | 265,893 | 156.1 | — | Industrials |
| 8 | LENNAR CORP | LEN-B | 4.05% | $12.4M | 140,035 | 15.1 | $19.9B | Consumer Cyclical |
| 9 | CK ASSET HOLDINGS LTD | 1113.HK | 3.62% | $86.6M | 1,755,538 | 12.0 | $160.6B | Real Estate |
| 10 | SUN COMMUNITIES INC | SUI | 3.58% | $10.9M | 85,605 | -15.7 | $13.6B | Real Estate |
| 11 | BIG YELLOW GROUP PLC | BYG.L | 3.57% | $8.0M | 890,360 | 12.5 | $1.6B | Real Estate |
| 12 | PULTEGROUP INC | 0KS6.L | 3.56% | $10.9M | 89,039 | 11.8 | $21.7B | Consumer Cyclical |
| 13 | D.R. HORTON INC | 0I6K.L | 3.26% | $10.0M | 64,804 | 12.8 | $39.3B | Consumer Cyclical |
| 14 | JONES LANG LASALLE INC | 0JPB.L | 3.13% | $9.6M | 30,049 | 14.4 | $14.6B | Real Estate |
| 15 | FIDELITY NATIONAL FINANCIAL INC | FNF | 3.10% | $9.5M | 181,052 | 13.6 | $10.6B | Financial Services |
| 16 | BERKELEY GROUP HOLDINGS PLC (THE) | BKGFF | 3.08% | $6.9M | 216,508 | 9.7 | $4.1B | Consumer Cyclical |
| 17 | DREYFUS TREASURY SECURITIES CASH MANAGEMENT Bond | — | 3.03% | $9.3M | 9,251,010 | — | — | — |
| 18 | SAVILLS PLC | SVLPF | 2.86% | $6.4M | 778,251 | 21.8 | $2.2B | Real Estate |
| 19 | AMERICAN HOMES 4 RENT | 0HEJ.L | 2.56% | $7.8M | 245,801 | 24.0 | $11.1B | Real Estate |
| 20 | ACCOR SA | ACR.F | 2.46% | $6.4M | 152,125 | 38.4 | $10.4B | Consumer Cyclical |
| 21 | SEGRO PLC | SEGXF | 2.39% | $5.4M | 770,423 | 42.4 | $16.2B | Real Estate |
| 22 | JARDINE MATHESON HOLDINGS LTD | JARB.L | 2.38% | $7.3M | 106,700 | 10.6 | $15.1B | Industrials |
| 23 | CHAMPION HOMES INC | SKY | 2.34% | $7.2M | 94,002 | 25.6 | $4.8B | Consumer Cyclical |
| 24 | WHARF (HOLDINGS) LTD (THE) | WARFF | 2.26% | $54.1M | 2,090,796 | -128.6 | $7.5B | Real Estate |
| 25 | INGENIA COMMUNITIES GROUP | INA.AX | 2.18% | $9.3M | 2,300,283 | 10.5 | $1.9B | Real Estate |
| 26 | WESCO INTERNATIONAL INC | WCC | 2.07% | $6.3M | 18,096 | 26.1 | $18.6B | Industrials |
| 27 | FIRSTSERVICE CORP | FSV.TO | 2.06% | $6.3M | 47,070 | 36.9 | $8.5B | Real Estate |
| 28 | BROOKDALE SENIOR LIVING INC | BKD | 2.03% | $6.2M | 433,191 | -18.8 | $2.6B | Healthcare |
| 29 | FIRST INDUSTRIAL REALTY TRUST INC | FR | 1.47% | $4.5M | 72,600 | 21.6 | $7.9B | Real Estate |
| 30 | WEYERHAEUSER COMPANY | 0LWG.L | 1.22% | $3.7M | 152,200 | 28.0 | $13.9B | Real Estate |
| 31 | HANG LUNG GROUP LTD | HNLGF | 1.12% | $26.7M | 1,652,220 | 11.5 | $2.6B | Real Estate |
| 32 | TRINITY PLACE HOLDINGS INC | TPHS | 0.02% | $53,982 | 2,100,472 | -2.1 | $2M | Real Estate |
| 33 | JPMORGAN CHASE BANK, NATIONAL ASSOCIATION Private | — | 0.00% | $159 | 28,000,000 | — | — | — |
| 34 | CONCRETE INVEST II TERM LOAN TRAN A2 Private | — | —% | — | 47,328 | — | — | — |
| 35 | TPHGREENWICH TRUST Private | — | —% | — | 3,475,472 | — | — | — |
| 36 | JPMORGAN CHASE BANK, NATIONAL ASSOCIATION Private | — | —% | — | 16,000,000 | — | — | — |
| 37 | JPMORGAN CHASE BANK, NATIONAL ASSOCIATION Private | — | —% | — | — | — | — | — |
| 38 | JPMORGAN CHASE BANK, NATIONAL ASSOCIATION Private | — | —% | — | — | — | — | — |