Side-by-side comparison of two superinvestors' latest disclosed 13F portfolios — what they agree on, where they part ways.
| Stock | Third Avenue Management % | Ray Dalio % |
|---|---|---|
| Warrior Met Coal Inc. | 9.3% | 0.0% |
| Brookfield Corp. | 4.6% | 0.1% |
| Tidewater Inc. | 8.0% | 0.0% |
| Valaris Ltd. | 5.4% | 0.0% |
| CBRE Group, Inc. | 4.3% | 0.0% |
| Flagstar Bank | 0.5% | 0.1% |
| PulteGroup Inc. | 2.1% | 0.0% |
| Prologis Inc. | 3.4% | 0.0% |
| Prosperity Bancshares Inc. | 1.3% | 0.0% |
| Jones Lang Lasalle | 2.1% | 0.0% |
| DR Horton Inc. | 2.0% | 0.0% |
| OceanFirst Financial Trust | 0.6% | 0.0% |
| PBF Energy Inc. | 0.6% | 0.0% |
Third Avenue Management runs Third Avenue Management LLC ($550.2M disclosed). Ray Dalio runs Bridgewater Associates LP ($27.42B disclosed). They share 13 common positions, with 38 names unique to Third Avenue Management's book and 1021 unique to Ray Dalio's book.
Use the tables above to spot conviction overlaps (where both managers go large on the same name) and contrarian disagreements (where one is buying while the other has nothing).
Key takeaways
