Replies to post #2 on Five Point Holdings, LLC (FPH)

[Enterprising Investor]

Third Avenue Management beneficially owns 11,446,791 shares (12/31/18)

Controls 17.21 percent.

Third Avenue Real Estate Value Fund
7,285,223

Third Avenue Real Estate Value Fund, a fund of GemCap Investment Funds (Ireland) plc
730,313

Third Avenue Small Cap Value Fund
632,534

Third Avenue Value Fund
2,375,753

Third Avenue Value Portfolio of the Third Avenue Variable Series Trust
176,550

Various separately managed accounts
246,418

https://www.sec.gov/Archives/edgar/data/1099281/000109928119000003/FivePointYE12312018.htm