Christopher Davis - Davis Selected Advisers
Period:    Q1 2026
Portfolio date:    31 Mar 2026
No. of stocks:    112
Portfolio value:    $21,781,443,023
Holdings Activity Buys Sells    History
History Stock % of
Portfolio
Recent
Activity
Shares Avg. Buy
Price*
Value Current
Price
+/-
Since
Buy
52
Week
Low
52
Week
High
COF - Capital One Financial Corp. 7.15 Reduce 0.87% 8,539,736 $82.63 $1,557,906,471 $203.02 145.71% $174.23 $257.54
CTRA-OLD - Coterra Energy, Inc. 5.99 Add 14.08% 37,119,404 $26.41 $1,304,375,994 $32.56 23.27% $21.98 $36.88
USB - U.S. Bancorp 5.31 Add 0.89% 22,237,960 $44.58 $1,156,596,507 $62.34 39.84% $41.79 $63.39
VTRS - Viatris Inc. 4.85 Add 0.04% 78,211,191 $13.01 $1,056,633,206 $16.39 25.99% $8.30 $17.40
META - Meta Platforms, Inc. 4.52 Reduce 1.93% 1,719,156 $150.74 $983,589,944 $656.73 335.67% $519.78 $793.65
MGM - MGM Resorts International 4.13 Reduce 9.41% 24,295,338 $37.52 $899,170,639 $47.24 25.89% $29.19 $51.59
GOOGL - Alphabet Inc. 4.09 Reduce 0.77% 3,094,659 $71.03 $889,903,016 $352.51 396.28% $175.98 $408.37
CVS - CVS Health Corp. 4.04 Reduce 4.08% 12,239,666 $49.40 $879,053,606 $105.90 114.35% $57.05 $106.39
TSN - Tyson Foods, Inc. 3.85 Add 2.05% 13,090,689 $57.81 $838,721,144 $57.92 0.19% $49.30 $68.90
MKL - Markel Group Inc. 3.37 Reduce 7.64% 383,433 $1,117.48 $733,959,392 $1,962.27 75.60% $1,719.41 $2,207.59
AMZN - Amazon.com, Inc. 3.28 Reduce 0.12% 3,425,252 $60.32 $713,380,223 $247.31 310.01% $196.00 $278.56
BRK.A - Berkshire Hathaway CL A 3.04 Reduce 2.12% 923 $141,383.76 $662,843,220 $744,850.00 426.83% $685,150.00 $775,000.00
WFC - Wells Fargo & Co. 2.99 Reduce 0.81% 8,190,871 $1,395,456,348.27 $652,075,858 $87.67 -100.00% $72.78 $96.73
CI - The Cigna Group 2.74 Add 196.73% 2,233,929 $248.73 $595,905,881 $304.50 22.42% $235.50 $310.19
TXN - Texas Instruments Inc. 2.54 Reduce 0.12% 2,849,671 $63.84 $553,237,789 $298.57 367.72% $150.97 $334.03
TECK - Teck Resources Ltd. 2.51 Reduce 11.94% 10,584,663 $30.39 $547,756,837 $58.47 92.42% $30.82 $71.15
JBS - JBS N.V. 2.16 Add 121.39% 26,244,660 $16.36 $471,354,100 $11.80 -27.88% $11.45 $17.27
LYB - LyondellBasell Industries N.V. 2.07 Buy 5,596,588 $80.56 $450,862,358 $58.32 -27.61% $39.52 $83.07
SOLV - Solventum Corp. 1.90 Add 1.77% 6,330,325 $57.28 $413,371,240 $77.42 35.16% $62.38 $88.20
AMAT - Applied Materials, Inc. 1.88 Reduce 71.51% 1,197,102 $74.73 $409,163,760 $575.39 669.99% $153.78 $739.67
CB - Chubb Ltd. 1.79 Add 0.74% 1,195,391 $145.68 $389,618,110 $354.74 143.50% $262.50 $365.29
BRK.B - Berkshire Hathaway CL B 1.65 Add 1.35% 749,846 $231.13 $359,336,086 $496.85 114.96% $455.19 $516.85
UNH - UnitedHealth Group Inc. 1.55 Reduce 2.04% 1,247,476 $309.81 $337,558,972 $429.09 38.50% $228.48 $434.30
TCOM - Trip.com Group Ltd. 1.50 Add 29.72% 6,555,112 $58.13 $326,379,074 $42.36 -27.13% $38.04 $78.99
DGX - Quest Diagnostics Inc. 1.46 Add 1.76% 1,617,813 $120.61 $317,062,477 $207.35 71.92% $161.81 $218.31
QSR - Restaurant Brands International Inc. 1.22 Reduce 10.49% 3,599,127 $66.75 $265,976,460 $75.57 13.22% $59.14 $81.22
COP - ConocoPhillips 1.14 Add 4.31% 1,875,428 $105.34 $247,558,331 $112.85 7.13% $83.51 $134.87
AGCO - AGCO Corp. 1.11 Add 1.85% 2,086,643 $112.16 $241,781,462 $114.08 1.71% $98.75 $143.11
YMM - Full Truck Alliance Co. Ltd. 1.10 Add 64.01% 28,763,191 $10.37 $238,734,483 $8.57 -17.39% $7.38 $13.79
PINS - Pinterest, Inc. 1.04 Add 5.07% 12,400,101 $29.52 $227,418,012 $22.60 -23.45% $13.84 $39.93
OC - Owens Corning 1.04 Add 2.66% 2,100,935 $82.97 $227,364,957 $141.11 70.08% $96.16 $159.91
GOOG - Alphabet Inc. 0.89 Reduce 4.69% 677,607 $65.66 $194,380,010 $350.67 434.07% $180.20 $404.23
DUSA - Davis Select U.S. Equity ETF 0.79 Add 0.48% 3,400,745 $25.49 $172,553,800 $57.59 125.94% $44.49 $57.76
JPM - JPMorgan Chase & Co. 0.75 Reduce 2.65% 556,452 $52.71 $163,685,995 $334.53 534.69% $276.43 $341.91
SE - Sea Ltd. 0.70 Add 323.75% 1,849,831 $80.12 $153,184,692 $110.66 38.11% $77.05 $199.30
APP - AppLovin Corp. 0.61 Add 35.42% 335,810 $354.16 $133,654,972 $442.85 25.04% $342.11 $745.61
FITB - Fifth Third Bancorp 0.60 Add 2.52% 2,813,525 $33.39 $130,716,372 $57.18 71.23% $38.90 $58.52
PNC - The PNC Financial Services Group, Inc. 0.52 Add 2.23% 541,922 $115.33 $112,768,549 $252.85 119.24% $174.19 $256.00
DINT - Davis Select International ETF 0.48 Add 0.60% 3,915,748 $18.86 $105,392,349 $28.86 52.98% $24.79 $30.48
WCC - WESCO International, Inc. 0.48 Add 4.53% 381,007 $186.00 $104,251,891 $330.84 77.87% $194.05 $377.35
PPLI - People Inc. 0.44 Reduce 4.01% 2,413,247 $89.89 $96,602,764 $45.89 -48.95% $29.56 $48.32
DFNL - Davis Select Financial ETF 0.44 Add 0.01% 2,130,666 $21.84 $95,539,059 $50.59 131.60% $41.64 $51.68
DWLD - Davis Select Worldwide ETF 0.39 Add 0.95% 1,935,585 $21.71 $84,797,995 $47.02 116.60% $40.07 $49.01
RNR - RenaissanceRe Holdings Ltd. 0.35 Add 11.95% 257,190 $277.71 $76,444,584 $320.66 15.47% $230.39 $329.57
AXP - American Express Co. 0.32 Reduce 3.55% 233,126 $50.27 $70,516,043 $354.43 605.04% $285.29 $384.36
RKT - Rocket Companies, Inc. 0.32 Add 49.43% 4,823,570 $15.44 $68,735,873 $13.91 -9.88% $12.17 $24.36
L - Loews Corp. 0.30 Add 2.34% 614,097 $36.07 $65,548,714 $116.50 222.98% $89.11 $119.10
BNY - The Bank of New York Mellon Cor 0.29 Add 0.67% 525,228 $67,720,583.94 $62,307,765 $151.27 -100.00% $91.65 $155.08
BAC - Bank of America Corp. 0.26 Add 0.81% 1,159,204 $26.45 $56,511,195 $59.50 124.94% $43.80 $60.83
NTB - The Bank of N.T. Butterfield & Son Ltd. 0.26 Add 1.84% 1,073,129 $38.76 $56,317,810 $60.62 56.41% $39.85 $61.11
SAP - SAP SE 0.25 Add 463.33% 317,422 $159.52 $54,346,905 $159.97 0.28% $148.06 $304.44
CHYM - Chime Financial, Inc. 0.22 Add 2.71% 2,539,206 $20.28 $47,559,328 $20.95 3.33% $15.88 $38.67
NTES - NetEase, Inc. 0.22 Reduce 0.81% 422,712 $89.36 $47,318,692 $131.43 47.08% $105.44 $156.41
VALE - Vale S.A. 0.21 2,931,198 $9.96 $46,635,360 $14.18 42.37% $8.59 $17.94
EG - Everest Group, Ltd. 0.21 Add 19.40% 140,908 $278.06 $46,055,780 $377.89 35.90% $298.78 $379.22
FISV - Fiserv, Inc. 0.15 Add 3.50% 588,885 $66.79 $32,859,783 $51.18 -23.37% $47.04 $168.93
SCHW - The Charles Schwab Corp. 0.13 Add 3.08% 310,982 $34.55 $29,226,088 $102.38 196.31% $83.96 $106.76
MSFT - Microsoft Corp. 0.13 Add 29.09% 78,489 $156.99 $29,055,340 $390.99 149.05% $349.20 $551.05
BEKE - KE Holdings Inc. 0.13 1,851,804 $15.27 $27,721,505 $16.07 5.23% $13.81 $20.60
JCI - Johnson Controls International plc 0.12 Reduce 7.66% 193,880 $49.07 $25,389,044 $143.93 193.33% $101.50 $151.18
PLD - Prologis, Inc. 0.11 Add 1.37% 182,586 $122.32 $24,134,217 $142.16 16.22% $100.17 $149.10
EQIX - Equinix, Inc. 0.10 Add 2.17% 21,223 $859.62 $20,803,634 $1,039.53 20.93% $713.19 $1,124.00
NVDA - NVIDIA Corp. 0.09 Add 2.27% 113,556 $163.85 $19,804,679 $203.53 24.21% $161.80 $236.26
STT - State Street Corp. 0.09 Add 5.86% 152,200 $100.65 $19,262,432 $178.17 77.02% $99.42 $183.32
BRX - Brixmor Property Group Inc. 0.07 Add 1.30% 563,170 $27.81 $16,219,296 $31.37 12.82% $23.87 $32.48
DLR - Digital Realty Trust, Inc. 0.07 Reduce 0.47% 78,880 $163.78 $14,214,965 $177.92 8.64% $144.28 $206.76
CUZ - Cousins Properties Inc. 0.06 Add 17.38% 586,465 $28.42 $13,236,515 $30.50 7.31% $20.52 $31.23
AVB - AvalonBay Communities, Inc. 0.06 Add 1.43% 79,970 $213.75 $13,063,100 $194.53 -8.99% $157.12 $198.63
MTB - M&T Bank Corp. 0.06 Add 7.98% 60,305 $147.07 $12,466,250 $242.55 64.92% $170.99 $244.57
BXP - BXP, Inc. 0.06 Add 1.40% 237,190 $76.21 $12,310,161 $67.04 -12.03% $48.54 $75.95
ORCL - Oracle Corp. 0.05 Add 1.26% 80,414 $55.56 $11,830,222 $131.54 136.76% $131.35 $341.82
DAR - Darling Ingredients Inc. 0.05 Reduce 93.39% 187,905 $63.83 $11,622,128 $62.03 -2.82% $29.15 $66.02
PSA - Public Storage 0.05 Reduce 5.19% 41,260 $356.79 $11,176,509 $321.86 -9.79% $251.62 $330.81
AMT - American Tower Corp. 0.05 Add 1.02% 64,620 $224.45 $11,152,120 $169.50 -24.48% $160.06 $225.61
ADBE - Adobe Inc. 0.05 Buy 45,139 $243.10 $10,973,207 $230.61 -5.14% $190.12 $376.16
DOC - Healthpeak Properties, Inc. 0.05 Add 48.00% 645,206 $19.30 $10,600,735 $21.73 12.57% $15.18 $22.13
REG - Regency Centers Corp. 0.05 Add 1.45% 138,630 $72.34 $10,488,746 $79.94 10.51% $65.10 $81.93
TFC - Truist Financial Corp. 0.05 Add 17.05% 224,805 $40.21 $10,334,286 $51.95 29.21% $39.49 $55.06
SNPS - Synopsys, Inc. 0.05 Add 199.40% 25,913 $428.88 $10,275,383 $433.82 1.15% $376.18 $651.73
NOAH - Noah Holdings Ltd. 0.05 1,021,585 $17.48 $10,113,691 $8.70 -50.23% $8.25 $11.11
EGP - EastGroup Properties, Inc. 0.04 Add 1.43% 52,370 $181.66 $9,693,163 $211.03 16.17% $154.08 $216.98
SPG - Simon Property Group, Inc. 0.04 Reduce 23.76% 50,458 $173.40 $9,411,931 $219.49 26.58% $152.10 $229.59
VTR - Ventas, Inc. 0.04 Reduce 0.47% 113,870 $64.13 $9,312,289 $92.06 43.55% $61.25 $94.60
CDP - COPT Defense Properties 0.04 Add 1.51% 299,200 $28.37 $9,155,520 $36.47 28.55% $25.84 $38.06
CPT - Camden Property Trust 0.04 Add 1.24% 88,010 $120.91 $8,595,057 $114.19 -5.56% $94.30 $119.81
ARE - Alexandria Real Estate Equities, Inc. 0.04 Add 1.50% 180,807 $110.70 $8,393,061 $48.08 -56.57% $38.90 $83.17
JD - JD.com, Inc. 0.04 Reduce 13.91% 283,418 $58.93 $8,380,670 $28.88 -50.99% $23.66 $35.59
SHO - Sunstone Hotel Investors, Inc. 0.04 Reduce 30.47% 889,720 $9.75 $8,016,377 $11.30 15.87% $8.17 $11.98
AMH - American Homes 4 Rent 0.04 Reduce 0.52% 277,170 $37.64 $7,738,586 $33.80 -10.21% $26.95 $35.41
TRNO - Terreno Realty Corp. 0.03 Reduce 3.76% 113,507 $65.14 $6,971,600 $70.28 7.90% $51.23 $70.50
REXR - Rexford Industrial Realty, Inc. 0.03 Reduce 39.21% 209,610 $44.89 $6,860,535 $34.75 -22.60% $31.48 $42.76
ANGI - Angi Inc. 0.03 948,993 $15.26 $6,500,602 $6.17 -59.57% $4.53 $19.42
EQR - Equity Residential 0.03 Add 1.20% 105,765 $73.67 $6,256,000 $69.72 -5.36% $56.30 $71.50
VICI - VICI Properties Inc. 0.03 Add 1.82% 220,180 $32.96 $6,015,318 $26.40 -19.90% $25.82 $31.94
MAA - Mid-America Apartment Communities, Inc. 0.03 Reduce 19.13% 48,020 $158.41 $5,864,202 $135.89 -14.21% $118.84 $148.66
O - Realty Income Corp. 0.03 Add 3.85% 94,910 $59.21 $5,806,594 $64.17 8.39% $53.10 $66.77
SUI - Sun Communities, Inc. 0.03 Add 1.38% 43,430 $128.01 $5,470,443 $120.80 -5.63% $111.60 $135.36
CHCT - Community Healthcare Trust Inc. 0.02 Add 1.38% 330,040 $17.98 $5,244,336 $18.07 0.52% $12.11 $18.67
ESS - Essex Property Trust, Inc. 0.02 Add 1.51% 16,761 $294.29 $4,056,162 $297.48 1.08% $233.85 $303.35
JLL - Jones Lang LaSalle Inc. 0.02 Buy 12,395 $304.32 $3,772,046 $321.95 5.79% $246.08 $363.06
EXR - Extra Space Storage Inc. 0.02 Add 0.64% 28,135 $179.88 $3,689,343 $145.32 -19.21% $121.45 $151.76
CBRE - CBRE Group, Inc. 0.02 Buy 25,610 $135.46 $3,469,131 $138.03 1.90% $121.69 $174.27
CCI - Crown Castle Inc. 0.02 Reduce 0.57% 41,920 $117.67 $3,408,515 $79.84 -32.15% $73.75 $110.45
CUBE - CubeSmart 0.02 Add 1.47% 92,270 $36.06 $3,381,696 $40.61 12.62% $33.77 $42.05
DEI - Douglas Emmett, Inc. 0.01 Reduce 0.50% 308,250 $16.54 $2,903,715 $12.18 -26.35% $8.79 $15.90
IVE - iShares S&P 500 Value ETF 0.01 Reduce 90.85% 11,624 $210.94 $2,454,408 $230.88 9.45% $190.73 $232.28
TSM - Taiwan Semiconductor 0.01 7,200 $226.49 $2,433,240 $421.58 86.14% $221.25 $479.00
HPP - Hudson Pacific Properties, Inc. 0.01 Reduce 0.57% 322,176 $10.83 $1,904,060 $15.41 42.29% $5.26 $21.70
FRMI - Fermi Inc. 0.01 Buy 305,730 $5.84 $1,785,463 $6.31 8.05% $4.47 $36.99
CCK - Crown Holdings, Inc. 0.00 8,570 $74.39 $859,143 $109.74 47.52% $88.37 $115.83
LRCX - Lam Research Corp. 0.00 Reduce 77.36% 2,780 $8.30 $593,975 $329.92 3,873.82% $90.44 $438.50
JAN - Janus Living, Inc. 0.00 Buy 10,000 $23.57 $235,700 $29.13 23.59% $22.62 $30.08
* Avg. Buy Price is an estimated cost basis: the share-weighted average of the quarter-end prices reported when this manager first bought or later added to the position (average-cost method, reset after a full exit). 13F filings disclose only quarter-end holdings, not actual trade prices, so this approximates — but does not exactly equal — what was paid.
Sector % analysis
Financial Services 29.86
Healthcare 16.53
Communication Services 11.84
Consumer Cyclical 10.87
Unknown 8.25
Technology 6.37
Consumer Defensive 6.07
Basic Materials 4.80
Industrials 2.75
Real Estate 1.53
Energy 1.14