Here's Why Third Avenue Small-Cap Value Fund Sold Sphere Entertainment Co. (SPHR)

Here's Why Third Avenue Small-Cap Value Fund Sold Sphere Entertainment Co. (SPHR)

Third Avenue Management released its Q1 2024 investor letter showcasing the success of its Small-Cap Value Fund. The fund outperformed its benchmark, with top holdings including Sphere Entertainment Co. (NYSE:SPHR), which showed promise despite being overlooked by hedge funds.

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