THIRD AVENUE MANAGEMENT LLC — VALARIS LTD VAL: Quarterly 13F Position History
THIRD AVENUE MANAGEMENT LLC has reported VALARIS LTD (VAL) on 19 13F-HR filings in Pactolio's tracked window, first appearing in Q3 2021. As of Q1 2026, the position is sized at 508,186 shares ($49.8M market value, 8.09% of the equity book). Quarter-over-quarter share count change: 76,187 (-13.0%) .
- 508,186Shares Held (Latest Filing)
- $49.8MReported Market Value (Latest Filing)
- 8.09%Portfolio Weight (% of 13F Equity Book)
- 76,187Quarter-over-Quarter Share Change
- +$20.4MQuarter-over-Quarter Value Change
- 585,921Peak Reported Shares (Historical)
Quarterly 13F-HR Disclosure History Source: SEC 13F-HR filings, 19 quarter s
| Quarter | Shares | QoQ Share Change | Share Change (%) | Market Value | Weight | Implied Price |
|---|---|---|---|---|---|---|
| Q1 2026 | 508,186 | 76,187 | -13.0% | $49.8M | 8.09% | $98.04 |
| Q4 2025 | 584,373 | 1,229 | -0.2% | $29.5M | 5.35% | $50.40 |
| Q3 2025 | 585,602 | 319 | -0.1% | $30.0M | 5.63% | $51.22 |
| Q2 2025 | 585,921 | +16,082 | +2.8% | $24.7M | 5.09% | $42.11 |
| Q1 2025 | 569,839 | +143,231 | +33.6% | $22.4M | 4.49% | $39.26 |
| Q4 2024 | 426,608 | 5,739 | -1.3% | $18.9M | 3.65% | $44.24 |
| Q3 2024 | 432,347 | +12,189 | +2.9% | $24.1M | 3.94% | $55.75 |
| Q2 2024 | 420,158 | +234 | +0.1% | $31.3M | 5.37% | $74.50 |
| Q1 2024 | 419,924 | 83 | -0.0% | $31.6M | 5.04% | $75.26 |
| Q4 2023 | 420,007 | +281 | +0.1% | $28.8M | 4.73% | $68.57 |
| Q3 2023 | 419,726 | 0 | — | $32.0M | 5.37% | $76.34 |
| Q2 2023 | 419,726 | +110,522 | +35.7% | $26.4M | 4.36% | $62.93 |
| Q1 2023 | 309,204 | +9,269 | +3.1% | $20.1M | 3.44% | $65.06 |
| Q4 2022 | 299,935 | 23,616 | -7.3% | $20.3M | 3.53% | $67.62 |
| Q3 2022 | 323,551 | 597 | -0.2% | $15.8M | 3.12% | $48.94 |
| Q2 2022 | 324,148 | +3,412 | +1.1% | $13.7M | 2.44% | $42.24 |
| Q1 2022 | 320,736 | +10,689 | +3.4% | $16.7M | 2.27% | $51.97 |
| Q4 2021 | 310,047 | 0 | — | $11.2M | 1.47% | $36.00 |
| Q3 2021 | 310,047 | — | — | $10.8M | 1.46% | $34.88 |
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 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 19 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 Q4 2025 and Q1 2026, THIRD AVENUE MANAGEMENT LLC reduced its VAL position by 76,187 shares (-13.0%), leaving 508,186 shares at a market value of $49.8M.
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.