THIRD AVENUE MANAGEMENT LLC: CBRE GROUP INC (CBRE): Quarterly 13F Position History
As of Q1 2026, THIRD AVENUE MANAGEMENT LLC reported 136,330 shares of CBRE GROUP INC (CBRE), worth $18.5M and representing 3.0% of its 13F equity book. Quarter-over-quarter share count change: 10,505 (-7.2%) . The position first appeared in Q1 2020 and has been disclosed across 25 13F-HR filings in Pactolio's tracked window.
- 136,330Shares Held (Latest Filing)
- $18.5MReported Market Value (Latest Filing)
- 3.0%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 | 3.0% | $135.5 |
| Q4 2025 | 146,835 | 7,837 | -5.1% | $23.6M | 4.3% | $160.8 |
| Q3 2025 | 154,672 | 10,038 | -6.1% | $24.2M | 4.5% | $156.6 |
| Q2 2025 | 164,710 | 399 | -0.2% | $23.1M | 4.8% | $140.1 |
| Q1 2025 | 165,109 | 8,909 | -5.1% | $21.6M | 4.3% | $130.8 |
| Q4 2024 | 174,018 | 8,993 | -4.9% | $22.8M | 4.4% | $131.3 |
| Q3 2024 | 183,011 | +210 | +0.1% | $22.8M | 3.7% | $124.5 |
| Q2 2024 | 182,801 | +601 | +0.3% | $16.3M | 2.8% | $89.1 |
| Q1 2024 | 182,200 | 0 | — | $17.7M | 2.8% | $97.2 |
| Q4 2023 | 182,200 | +1,298 | +0.7% | $17.0M | 2.8% | $93.1 |
| Q3 2023 | 180,902 | 287 | -0.2% | $13.3M | 2.2% | $73.3 |
| Q2 2023 | 181,189 | 32 | -0.0% | $14.6M | 2.4% | $80.7 |
| Q1 2023 | 181,221 | +479 | +0.3% | $13.2M | 2.3% | $72.8 |
| Q4 2022 | 180,742 | 57 | -0.0% | $13.9M | 2.4% | $77.0 |
| Q3 2022 | 180,799 | 4,013 | -2.2% | $12.2M | 2.4% | $67.5 |
| Q2 2022 | 184,812 | +20,963 | +12.8% | $13.6M | 2.4% | $73.6 |
| Q1 2022 | 163,849 | 29 | -0.0% | $15.0M | 2.0% | $91.5 |
| Q4 2021 | 163,878 | 3,198 | -1.9% | $17.8M | 2.3% | $108.5 |
| Q3 2021 | 167,076 | +1,571 | +0.9% | $16.3M | 2.2% | $97.4 |
| Q2 2021 | 165,505 | 2,096 | -1.3% | $14.2M | 1.9% | $85.7 |
| Q1 2021 | 167,601 | 22,910 | -12.0% | $13.3M | 1.8% | $79.1 |
| Q4 2020 | 190,511 | 17,686 | -8.5% | $11.9M | 1.7% | $62.7 |
| Q3 2020 | 208,197 | 8,938 | -4.1% | $9.8M | 1.4% | $47.0 |
| Q2 2020 | 217,135 | 17,980 | -7.6% | $9.8M | 1.4% | $45.2 |
| Q1 2020 | 235,115 | — | — | $8.9M | 1.3% | $37.7 |
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.