Hedge Fund’s 9 Biggest Share Holdings in Industrial Goods Sector

Wall St. Watchdog reveals information regarding Third Avenue Management’s top holdings in the Industrial Goods sector for the quarter ending September 30th, 2011. The firm held 9 stocks in the Industrial Goods sector at the end of the quarter with an aggregate market value of $7.669 million.

  • Covanta Holding Corporation (NYSE:CVA): On 06/30/2011, Third Avenue Management reported holding 152,719 shares with a market value of $2,518,336. This comprised 1.3% of the total portfolio. On 09/30/2011, Third Avenue Management reported holding 140,679 shares with a market value of $2,136,914. This comprised 1.67% of the total portfolio. The net change in shares for this position over the two quarters is -12,040. About Company: Covanta Holding Corporation conducts operations in waste disposal, energy services, and specialty insurance. The Company also owns and operates waste-to-energy and power generation projects. Covanta’s waste-to-energy facilities convert municipal solid waste into renewable energy for communities primarily in the United States.
  • Weyerhaeuser Co. (NYSE:WY): On 06/30/2011, Third Avenue Management reported holding 142,071 shares with a market value of $3,105,672. This comprised 1.6% of the total portfolio. On 09/30/2011, Third Avenue Management reported holding 109,778 shares with a market value of $1,707,048. This comprised 1.33% of the total portfolio. The net change in shares for this position over the two quarters is -32,293. About Company: Weyerhaeuser Company is an integrated forest products company with offices or operations worldwide. The Company primarily grows and harvests trees, develops and construct real estate and makes a range of forest products.
  • Leucadia National Corp. (NYSE:LUK): On 06/30/2011, Third Avenue Management reported holding 111,484 shares with a market value of $3,801,604. This comprised 1.96% of the total portfolio. On 09/30/2011, Third Avenue Management reported holding 74,147 shares with a market value of $1,681,654. This comprised 1.31% of the total portfolio. The net change in shares for this position over the two quarters is -37,337. About Company: Leucadia National Corporation is a diversified holding company. The Company is involved in a variety of businesses, including manufacturing, telecommunications, property management and services, gaming entertainment, real estate activities, medical product development and winery operations.
  • Cavco Industries Inc. (NASDAQ:CVCO): On 06/30/2011, Third Avenue Management reported holding 37,403 shares with a market value of $1,683,135. This comprised 0.87% of the total portfolio. On 09/30/2011, Third Avenue Management reported holding 31,076 shares with a market value of $1,070,257. This comprised 0.84% of the total portfolio. The net change in shares for this position over the two quarters is -6,327. About Company: Cavco Industries, Inc. produces manufactured homes in Arizona and sells its products to independent retailers in various states.
  • Lennar Corp. (NYSE:LEN): On 06/30/2011, Third Avenue Management reported holding 44,184 shares with a market value of $801,940. This comprised 0.41% of the total portfolio. On 09/30/2011, Third Avenue Management reported holding 33,109 shares with a market value of $448,296. This comprised 0.35% of the total portfolio. The net change in shares for this position over the two quarters is -11,075. About Company: Lennar Corporation constructs and sells single-family attached and detached homes, and to a lesser extent multi-level buildings as well as buys and sells residential land. The Company also provides mortgage financing, title insurance, closing services and other ancillary services (including personal lines insurance, high-speed Internet and cable television).
  • Alamo Group Inc. (NYSE:ALG): On 06/30/2011, Third Avenue Management reported holding 18,774 shares with a market value of $444,944. This comprised 0.23% of the total portfolio. On 09/30/2011, Third Avenue Management reported holding 16,866 shares with a market value of $350,644. This comprised 0.27% of the total portfolio. The net change in shares for this position over the two quarters is -1,908. About Company: Alamo Group Inc. designs, manufactures, and distributes heavy duty, tractor-mounted mowing and vegetation maintenance equipment and replacement parts, for industrial and agricultural end-users. The Company sells its products in Europe and the United States.
  • Skyline Corp. (NYSE:SKY): On 06/30/2011, Third Avenue Management reported holding 21,099 shares with a market value of $369,233. This comprised 0.19% of the total portfolio. On 09/30/2011, Third Avenue Management reported holding 11,405 shares with a market value of $108,918. This comprised 0.09% of the total portfolio. The net change in shares for this position over the two quarters is -9,694. About Company: Skyline Corporation and its subsidiaries design, produce and distribute mobile homes and multi-sectional homes, as well as travel trailers and truck campers. The Company’s manufactured homes are marketed under a number of trademarks and its recreational vehicles are sold under the Nomad, Layton, WeekEnder and other names. Skyline products are sold throughout the United States.
  • Ryland Group Inc. (NYSE:RYL): On 06/30/2011, Third Avenue Management reported holding 1,106 shares with a market value of $18,282. This comprised 0.01% of the total portfolio. On 09/30/2011, Third Avenue Management reported holding 9,101 shares with a market value of $96,926. This comprised 0.08% of the total portfolio. The net change in shares for this position over the two quarters is 7,995. About Company: The Ryland Group, Inc. is a homebuilder and mortgage-related finance firm. The Company’s homebuilding segment specializes in the sale and construction of single-family attached and detached housing. Ryland’s financial services segment provides various mortgage-related products and services for retail customers.
  • Mdc Holdings Inc. (NYSE:MDC): On 06/30/2011, Third Avenue Management reported holding 6,883 shares with a market value of $169,597. This comprised 0.09% of the total portfolio. On 09/30/2011, Third Avenue Management reported holding 4,005 shares with a market value of $67,845. This comprised 0.05% of the total portfolio. The net change in shares for this position over the two quarters is -2,878. About Company: M.D.C. Holdings, Inc., through its subsidiaries, builds and sells homes under the name Richmond American Homes. The Company also originates mortgage loans primarily for its home buyers. M.D.C. builds its single-family homes in Colorado, Virginia, Maryland, Northern and Southern California, Arizona, and Nevada.

(Note: Data regarding Third Avenue Management’s stock holdings are sourced from whalewisdom.com. All data are assumed to be accurate.)

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