Fund HoldingsDAVIS SELECTED ADVISERS

Total Portfolio Value
$21.78B
Total Bought
$2.53B
Total Sold
$2.48B
Net Transaction
+$47.78M
Filing Period:
Securities
SharesValue ($K)
Q4 2025
Q1 2026
Change
Q4 2025
Q1 2026
Weight (%)
Change
LyondellBasell Industries N.V.
SHS - A -
05,596,588+5,596,5880450,8622.07%+450,862
Coterra Energy, Inc.32,537,50837,119,404+4,581,896856,3871,304,3765.99%+447,989
Cigna Group(CI)752,8522,233,929+1,481,077207,212595,9062.74%+388,693
JBS N.V., Class A(JBS)11,854,74126,244,660+14,389,919170,945471,3542.16%+300,409
Sea Ltd., Class A, ADR(SE)01,849,831+1,849,8310153,1850.70%+153,185
Tyson Foods Inc(TSN)12,827,54013,090,689+263,149751,951838,7213.85%+86,770
Viatris Inc.(VTRS)78,177,98478,211,191+33,207973,3161,056,6334.85%+83,317
ConocoPhillips(COP)1,797,8871,875,428+77,541168,301247,5581.14%+79,257
Texas Instruments, Inc.(TXN)2,853,2272,849,671-3,556495,009553,2382.54%+58,229
Full Truck Alliance Co. Ltd., ADR(YMM)17,537,52428,763,191+11,225,667188,178238,7341.10%+50,557
Quest Diagnostics Inc.(DGX)1,589,8831,617,813+27,930275,895317,0621.46%+41,167
SAP SE - ADR(SAP)56,347317,422+261,07513,68854,3470.25%+40,659
AGCO Corporation2,048,8352,086,643+37,808213,736241,7811.11%+28,045
Chubb Ltd.
COM
1,186,6471,195,391+8,744370,380389,6181.79%+19,238
Wesco International, Inc.(WCC)364,502381,007+16,50589,172104,2520.48%+15,080
RenaissanceRe Holdings Ltd(RNR)229,739257,190+27,45164,59376,4450.35%+11,851
Adobe Inc.(ADBE)045,139+45,139010,9730.05%+10,973
Vale S.A., ADR2,931,1982,931,198038,19446,6350.21%+8,442
Rocket Companies, Inc., Class A(RKT)3,227,9104,823,570+1,595,66062,49268,7360.32%+6,244
Synopsys, Inc.(SNPS)8,65525,913+17,2584,06510,2750.05%+6,210
Everest Group, Ltd.(EG)118,017140,908+22,89140,04946,0560.21%+6,007
Equinix, Inc.(EQIX)20,77321,223+45015,91520,8040.10%+4,888
Bank of N.T. Butterfield & Son Limited
SHS NEW
1,053,7101,073,129+19,41952,49656,3180.26%+3,822
Jones Lang LaSalle, Inc.(JLL)012,395+12,39503,7720.02%+3,772
Healthpeak Properties, Inc.(DOC)435,936645,206+209,2707,01010,6010.05%+3,591
CBRE Group, Inc.(CBRE)025,610+25,61003,4690.02%+3,469
Loews Corp.(L)600,046614,097+14,05163,19165,5490.30%+2,358
Fifth Third Bancorp(FITB)2,744,3102,813,525+69,215128,461130,7160.60%+2,255
PNC Financial Services Group, Inc.(PNC)530,089541,922+11,833110,645112,7690.52%+2,123
Digital Realty Trust, Inc.(DLR)79,25078,880-37012,26114,2150.07%+1,954
Fermi Inc.(FRMI)0305,730+305,73001,7850.01%+1,785
Bank of New York Mellon Corp.0525,228+525,228062,3080.29%+62,308
Brixmor Property Group, Inc.(BRX)555,970563,170+7,20014,57816,2190.07%+1,642
M & T Bank Corp(MTB)55,84660,305+4,45911,25212,4660.06%+1,214
Prologis, Inc.(PLD)180,126182,586+2,46022,99524,1340.11%+1,139
Regency Centers Corporation(REG)136,650138,630+1,9809,43310,4890.05%+1,056
COPT Defense Properties(CDP)294,740299,200+4,4608,1949,1560.04%+962
Truist Financial Corp.(TFC)192,053224,805+32,7529,45110,3340.05%+883
State Street Corp.(STT)143,773152,200+8,42718,54819,2620.09%+714
Realty Income Corp.(O)91,39094,910+3,5205,1525,8070.03%+655
Eastgroup Properties, Inc.(EGP)51,63052,370+7409,1979,6930.04%+496
Ventas, Inc.(VTR)114,410113,870-5408,8539,3120.04%+459
Cousins Properties, Inc.(CUZ)499,615586,465+86,85012,88013,2370.06%+356
Johnson Controls International plc
SHS
209,960193,880-16,08025,14325,3890.12%+246
Taiwan Semiconductor Manufacturing, ADR(TSM)7,2007,20002,1882,4330.01%+245
Janus Living, Inc.(JAN)010,000+10,00002360.00%+236
Sun Communities, Inc.(SUI)42,84043,430+5905,3085,4700.03%+162
CubeSmart(CUBE)90,93092,270+1,3403,2783,3820.02%+104
Extra Space Storage, Inc.(EXR)27,95528,135+1803,6403,6890.02%+49
Terreno Realty Corp.(TRNO)117,937113,507-4,4306,9246,9720.03%+48
Crown Holdings, Inc.(CCK)8,5708,57008828590.00%-23
VICI Properties, Inc.(VICI)216,240220,180+3,9406,0816,0150.03%-65
American Tower Corp(AMT)63,97064,620+65011,23111,1520.05%-79
Community Healthcare Trust, Inc.325,560330,040+4,4805,3465,2440.02%-101
Public Storage, Inc.(PSA)43,52041,260-2,26011,29311,1770.05%-117
Noah Holdings Ltd., Class A, ADS1,021,5851,021,585010,25710,1140.05%-143
Essex Property Trust, Inc.(ESS)16,51116,761+2504,3214,0560.02%-264
Alexandria Real Estate Equities, Inc.0180,807+180,80708,3930.04%+8,393
Equity Residential(EQR)104,515105,765+1,2506,5896,2560.03%-333
Crown Castle, Inc.(CCI)42,16041,920-2403,7473,4090.02%-338
Microsoft Corp.(MSFT)60,80178,489+17,68829,40629,0550.13%-350
Davis Select U.S. Equity ETF
SELECT US EQTY
3,384,5663,400,745+16,179173,053172,5540.79%-499
Douglas Emmett, Inc(DEI)309,810308,250-1,5603,4052,9040.01%-501
NVIDIA Corp.(NVDA)111,038113,556+2,51820,70919,8050.09%-905
Charles Schwab Corp.(SCHW)301,695310,982+9,28730,14229,2260.13%-916
Camden Property Trust(CPT)86,93088,010+1,0809,5698,5950.04%-974
JD.com Inc., Class A, ADR(JD)329,221283,418-45,8039,4498,3810.04%-1,068
American Homes 4 Rent - Class A(AMH)278,610277,170-1,4408,9437,7390.04%-1,205
AvalonBay Communities, Inc.78,84079,970+1,13014,29413,0630.06%-1,231
KE Holdings Inc., Class A, ADR(BEKE)1,851,8041,851,804029,18427,7220.13%-1,463
Lam Research Corp.(LRCX)12,2802,780-9,5002,1025940.00%-1,508
Hudson Pacific Properties, Inc.324,026322,176-1,8503,5091,9040.01%-1,605
Owens Corning(OC)02,100,935+2,100,9350227,3651.04%+227,365
IAC Inc.(PPLI)2,514,0722,413,247-100,82598,30196,6030.44%-1,698
Mid-America Apartment Communities, Inc.(MAA)59,38048,020-11,3608,2485,8640.03%-2,384
Simon Property Group, Inc.(SPG)66,18350,458-15,72512,2519,4120.04%-2,839
NetSTREIT Corp.(NTST)189,6000-189,6003,3450-3,345
Sunstone Hotel Investors, Inc.(SHO)1,279,610889,720-389,89011,4408,0160.04%-3,423
BXP, Inc.(BXP)233,910237,190+3,28015,78412,3100.06%-3,474
Oracle Corporation(ORCL)79,41680,414+99815,48011,8300.05%-3,649
UDR, Inc.(UDR)113,2800-113,2804,1550-4,155
Davis Select Worldwide ETF
SELECT WRLD WI
1,917,4601,935,585+18,12589,43084,7980.39%-4,632
Fiserv, Inc.(FISV)568,982588,885+19,90338,21932,8600.15%-5,359
Davis Select International ETF
SELCT INTL ETF
3,892,4513,915,748+23,297110,935105,3920.48%-5,542
ANGI Inc., Class A948,993948,993012,2706,5010.03%-5,770
Rexford Industrial Realty, Inc.(REXR)344,830209,610-135,22013,3526,8610.03%-6,491
Bank of America Corp.1,149,8731,159,204+9,33163,24356,5110.26%-6,732
Davis Select Financial ETF
SELECT FINL
2,130,3612,130,666+305102,96095,5390.44%-7,421
Restaurant Brands International, Inc.(QSR)4,020,7913,599,127-421,664274,340265,9761.22%-8,363
NetEase Inc. - ADR(NTES)0422,712+422,712047,3190.22%+47,319
Berkshire Hathaway Inc., Class B739,875749,846+9,971371,908359,3361.65%-12,572
Chime Financial, Inc.(CHYM)2,472,1062,539,206+67,10062,22347,5590.22%-14,664
American Express Co.(AXP)241,700233,126-8,57489,41770,5160.32%-18,901
U.S. Bancorp(USB)22,041,75922,237,960+196,2011,176,1481,156,5975.31%-19,552
JPMorgan Chase & Co.(JPM)571,586556,452-15,134184,176163,6860.75%-20,490
iShares S&P 500 Value Index Fund127,05311,624-115,42926,9442,4540.01%-24,490
Teck Resources Ltd., Class B(TECK)12,019,60910,584,663-1,434,946575,620547,7572.51%-27,863
Alphabet Inc., Class C(GOOG)710,963677,607-33,356223,102194,3800.89%-28,722
AppLovin Corp., Class A(APP)247,981335,810+87,829167,098133,6550.61%-33,443
Trip.com Group Ltd., ADR(TCOM)06,555,112+6,555,1120326,3791.50%+326,379
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