THIRD AVENUE MANAGEMENT LLC: VALARIS LTD (VAL): Quarterly 13F Position History
As of Q2 2026, THIRD AVENUE MANAGEMENT LLC reported 516,313 shares of VALARIS LTD (VAL), worth $37.5M and representing 6.0% of its 13F equity book. Quarter-over-quarter share count change: + 8,127 (+1.6%) . The position first appeared in Q3 2021 and has been disclosed across 20 13F-HR filings in Pactolio's tracked window.
- 516,313Shares Held (Latest Filing)
- $37.5MReported Market Value (Latest Filing)
- 6.0%Portfolio Weight (% of 13F Equity Book)
- +8,127Quarter-over-Quarter Share Change
- -$12.3MQuarter-over-Quarter Value Change
- 585,921Peak Reported Shares (Historical)
Quarterly 13F-HR Disclosure History Source: SEC 13F-HR filings, 20 quarter s
| Quarter | Shares | QoQ Share Change | Share Change (%) | Market Value | Weight | Implied Price |
|---|---|---|---|---|---|---|
| Q2 2026 | 516,313 | +8,127 | +1.6% | $37.5M | 6.0% | $72.6 |
| Q1 2026 | 508,186 | 76,187 | -13.0% | $49.8M | 8.1% | $98.0 |
| Q4 2025 | 584,373 | 1,229 | -0.2% | $29.5M | 5.4% | $50.4 |
| Q3 2025 | 585,602 | 319 | -0.1% | $30.0M | 5.6% | $51.2 |
| Q2 2025 | 585,921 | +16,082 | +2.8% | $24.7M | 5.1% | $42.1 |
| Q1 2025 | 569,839 | +143,231 | +33.6% | $22.4M | 4.5% | $39.3 |
| Q4 2024 | 426,608 | 5,739 | -1.3% | $18.9M | 3.7% | $44.2 |
| Q3 2024 | 432,347 | +12,189 | +2.9% | $24.1M | 3.9% | $55.8 |
| Q2 2024 | 420,158 | +234 | +0.1% | $31.3M | 5.4% | $74.5 |
| Q1 2024 | 419,924 | 83 | -0.0% | $31.6M | 5.0% | $75.3 |
| Q4 2023 | 420,007 | +281 | +0.1% | $28.8M | 4.7% | $68.6 |
| Q3 2023 | 419,726 | 0 | – | $32.0M | 5.4% | $76.3 |
| Q2 2023 | 419,726 | +110,522 | +35.7% | $26.4M | 4.4% | $62.9 |
| Q1 2023 | 309,204 | +9,269 | +3.1% | $20.1M | 3.4% | $65.1 |
| Q4 2022 | 299,935 | 23,616 | -7.3% | $20.3M | 3.5% | $67.6 |
| Q3 2022 | 323,551 | 597 | -0.2% | $15.8M | 3.1% | $48.9 |
| Q2 2022 | 324,148 | +3,412 | +1.1% | $13.7M | 2.4% | $42.2 |
| Q1 2022 | 320,736 | +10,689 | +3.4% | $16.7M | 2.3% | $52.0 |
| Q4 2021 | 310,047 | 0 | – | $11.2M | 1.5% | $36.0 |
| Q3 2021 | 310,047 | – | – | $10.8M | 1.5% | $34.9 |
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 rather than the manager's cost basis. See the full methodology document for the normalization rules.
When did THIRD AVENUE MANAGEMENT LLC first disclose a VAL position in 13F-HR filings?
THIRD AVENUE MANAGEMENT LLC first reported VALARIS LTD (VAL) on its 13F-HR filing for the period ending 2021-09-30 (Q3 2021). The position has appeared on 20 reported quarters within Pactolio's tracked window.
What was THIRD AVENUE MANAGEMENT LLC's most recent quarter-over-quarter share-count change in VAL?
Between Q1 2026 and Q2 2026, THIRD AVENUE MANAGEMENT LLC added 8,127 shares of VAL (+1.6%), bringing the total reported position to 516,313 shares at a market value of $37.5M.
Does the implied price-per-share represent THIRD AVENUE MANAGEMENT LLC's cost basis in VAL?
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.