THIRD AVENUE MANAGEMENT LLC — CBRE GROUP INC CBRE: Quarterly 13F Position History
THIRD AVENUE MANAGEMENT LLC has reported CBRE GROUP INC (CBRE) on 25 13F-HR filings in Pactolio's tracked window, first appearing in Q1 2020. As of Q1 2026, the position is sized at 136,330 shares ($18.5M market value, 3.00% of the equity book). Quarter-over-quarter share count change: 10,505 (-7.2%) .
- 136,330Shares Held (Latest Filing)
- $18.5MReported Market Value (Latest Filing)
- 3.00%Portfolio Weight (% of 13F Equity Book)
- 10,505Quarter-over-Quarter Share Change
- -$5.1MQuarter-over-Quarter Value Change
- 235,115Peak Reported Shares (Historical)
Quarterly 13F-HR Disclosure History Source: SEC 13F-HR filings, 25 quarter s
| Quarter | Shares | QoQ Share Change | Share Change (%) | Market Value | Weight | Implied Price |
|---|---|---|---|---|---|---|
| Q1 2026 | 136,330 | 10,505 | -7.2% | $18.5M | 3.00% | $135.46 |
| Q4 2025 | 146,835 | 7,837 | -5.1% | $23.6M | 4.29% | $160.79 |
| Q3 2025 | 154,672 | 10,038 | -6.1% | $24.2M | 4.55% | $156.56 |
| Q2 2025 | 164,710 | 399 | -0.2% | $23.1M | 4.76% | $140.12 |
| Q1 2025 | 165,109 | 8,909 | -5.1% | $21.6M | 4.33% | $130.78 |
| Q4 2024 | 174,018 | 8,993 | -4.9% | $22.8M | 4.42% | $131.29 |
| Q3 2024 | 183,011 | +210 | +0.1% | $22.8M | 3.72% | $124.48 |
| Q2 2024 | 182,801 | +601 | +0.3% | $16.3M | 2.79% | $89.11 |
| Q1 2024 | 182,200 | 0 | — | $17.7M | 2.83% | $97.24 |
| Q4 2023 | 182,200 | +1,298 | +0.7% | $17.0M | 2.78% | $93.09 |
| Q3 2023 | 180,902 | 287 | -0.2% | $13.3M | 2.22% | $73.30 |
| Q2 2023 | 181,189 | 32 | -0.0% | $14.6M | 2.41% | $80.71 |
| Q1 2023 | 181,221 | +479 | +0.3% | $13.2M | 2.25% | $72.81 |
| Q4 2022 | 180,742 | 57 | -0.0% | $13.9M | 2.42% | $76.96 |
| Q3 2022 | 180,799 | 4,013 | -2.2% | $12.2M | 2.40% | $67.51 |
| Q2 2022 | 184,812 | +20,963 | +12.8% | $13.6M | 2.42% | $73.62 |
| Q1 2022 | 163,849 | 29 | -0.0% | $15.0M | 2.04% | $91.52 |
| Q4 2021 | 163,878 | 3,198 | -1.9% | $17.8M | 2.34% | $108.51 |
| Q3 2021 | 167,076 | +1,571 | +0.9% | $16.3M | 2.19% | $97.36 |
| Q2 2021 | 165,505 | 2,096 | -1.3% | $14.2M | 1.88% | $85.73 |
| Q1 2021 | 167,601 | 22,910 | -12.0% | $13.3M | 1.75% | $79.11 |
| Q4 2020 | 190,511 | 17,686 | -8.5% | $11.9M | 1.68% | $62.72 |
| Q3 2020 | 208,197 | 8,938 | -4.1% | $9.8M | 1.36% | $46.97 |
| Q2 2020 | 217,135 | 17,980 | -7.6% | $9.8M | 1.38% | $45.22 |
| Q1 2020 | 235,115 | — | — | $8.9M | 1.31% | $37.71 |
Methodology & FAQ
How This Position History Is Sourced
Each row is one SEC Form 13F-HR filing disclosing this position. Share count, market value, and reported quarter are taken verbatim from the filing; portfolio weight is recomputed against the same filing's total reported equity book. Implied price-per-share is market value divided by shares — a quarter-end mark, not the manager's cost basis. See the full methodology document for the normalization rules.
When did THIRD AVENUE MANAGEMENT LLC first disclose a CBRE position in 13F-HR filings?
THIRD AVENUE MANAGEMENT LLC first reported CBRE GROUP INC (CBRE) on its 13F-HR filing for the period ending 2020-03-31 (Q1 2020). The position has appeared on 25 reported quarters within Pactolio's tracked window.
What was THIRD AVENUE MANAGEMENT LLC's most recent quarter-over-quarter share-count change in CBRE?
Between Q4 2025 and Q1 2026, THIRD AVENUE MANAGEMENT LLC reduced its CBRE position by 10,505 shares (-7.2%), leaving 136,330 shares at a market value of $18.5M.
Does the implied price-per-share represent THIRD AVENUE MANAGEMENT LLC's cost basis in CBRE?
No. The implied price-per-share column is the 13F-HR reported market value divided by reported share count on the filing date (end of quarter). It is a quarter-end mark, not a cost basis or transaction price. Use it as a sanity check on the value column, not as an indicator of the manager's entry or exit price.