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Stock impact report

Third Avenue Small-Cap Value Fund Q4 2025 Commentary [Seeking Alpha]

Flagstar Bank, N.A. (FLG) 
Company Research Source: Seeking Alpha
For the year ended 2025, the Fund returned 14.04%, as compared to 10.80% for the MSCI USA Small Cap Value Index. During the quarter, the Fund initiated a new position in Flagstar Bank, NA and added to several existing positions, including Alamo Group, Octave Specialty Group (recently renamed from Ambac Financial), and ICF International. primeimages/E+ via Getty Images Matthew Fine, CFA Joined Third Avenue in 2000 25 yrs investment experience Jason Wolf, CFA Joined Third Avenue in 2004 31 yrs investment experience Dear Fellow Shareholders, The Third Avenue Small-Cap Value Fund (the “Fund”)( This article was written by Show less Read more
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