Securities ▲▼ | Shares | Value ($K) | |||||
|---|---|---|---|---|---|---|---|
Q1 2025 ▲▼ | Q2 2025 ▲▼ | Change ▲▼ | Q1 2025 ▲▼ | Q2 2025 ▲▼ | Weight (%) ▲▼ | Change ▲▼ | |
| UnitedHealth Group Inc.(UNH) | 48,519 | 1,132,885 | +1,084,366 | 25,412 | 353,426 | 1.89% | +328,014 |
| Capital One Financial Corp.(COF) | 8,999,453 | 8,955,742 | -43,711 | 1,613,602 | 1,905,424 | 10.19% | +291,822 |
| Meta Platforms, Inc., Class A(META) | 0 | 2,107,814 | +2,107,814 | 0 | 1,555,757 | 8.32% | +1,555,757 |
| U.S. Bancorp(USB) | 0 | 19,331,637 | +19,331,637 | 0 | 874,757 | 4.68% | +874,757 |
| Coterra Energy, Inc. | 0 | 9,338,141 | +9,338,141 | 0 | 237,002 | 1.27% | +237,002 |
| Tyson Foods Inc(TSN) | 4,679,582 | 8,956,466 | +4,276,884 | 298,604 | 501,025 | 2.68% | +202,421 |
| MGM Resorts International(MGM) | 0 | 23,821,109 | +23,821,109 | 0 | 819,208 | 4.38% | +819,208 |
| Applied Materials, Inc. | 4,993,172 | 4,957,593 | -35,579 | 724,609 | 907,587 | 4.85% | +182,978 |
| Texas Instruments, Inc.(TXN) | 2,431,035 | 2,380,207 | -50,828 | 436,857 | 494,178 | 2.64% | +57,321 |
| Amazon.com, Inc.(AMZN) | 0 | 3,269,161 | +3,269,161 | 0 | 717,221 | 3.83% | +717,221 |
| Wells Fargo & Co.(WFC) | 8,468,647 | 8,176,423 | -292,224 | 607,964 | 655,095 | 3.50% | +47,131 |
| Markel Group, Inc(MKL) | 371,469 | 371,131 | -338 | 694,502 | 741,282 | 3.96% | +46,780 |
| Coupang, Inc., Class A(CPNG) | 5,880,990 | 5,754,998 | -125,992 | 128,970 | 172,420 | 0.92% | +43,450 |
| Teck Resources Ltd., Class B(TECK) | 11,190,628 | 11,034,993 | -155,635 | 407,675 | 445,593 | 2.38% | +37,918 |
| Full Truck Alliance Co. Ltd.(YMM) | 7,819,344 | 11,635,925 | +3,816,581 | 99,853 | 137,420 | 0.73% | +37,567 |
| Alphabet Inc., Class A(GOOG) | 0 | 2,854,413 | +2,854,413 | 0 | 503,033 | 2.69% | +503,033 |
| AppLovin Corp., Class A(APP) | 163,011 | 215,073 | +52,062 | 43,193 | 75,293 | 0.40% | +32,100 |
| JPMorgan Chase & Co.(JPM) | 639,852 | 636,042 | -3,810 | 156,956 | 184,395 | 0.99% | +27,439 |
| Microsoft Corp.(MSFT) | 256,523 | 247,956 | -8,567 | 96,296 | 123,336 | 0.66% | +27,040 |
| Viatris Inc.(VTRS) | 0 | 66,375,520 | +66,375,520 | 0 | 592,733 | 3.17% | +592,733 |
| NetEase Inc. - ADR(NTES) | 596,114 | 593,347 | -2,767 | 61,352 | 79,853 | 0.43% | +18,501 |
| ANGI Inc., Class A | 0 | 1,181,911 | +1,181,911 | 0 | 18,036 | 0.10% | +18,036 |
| CVS Health Corporation(CVS) | 11,549,057 | 11,586,790 | +37,733 | 782,449 | 799,257 | 4.27% | +16,808 |
| Darling Ingredients Inc.(DAR) | 2,476,469 | 2,443,570 | -32,899 | 77,365 | 92,709 | 0.50% | +15,344 |
| Solventum Corp.(SOLV) | 5,288,138 | 5,492,661 | +204,523 | 402,110 | 416,563 | 2.23% | +14,453 |
| Alphabet Inc., Class C(GOOG) | 646,697 | 650,390 | +3,693 | 101,033 | 115,373 | 0.62% | +14,339 |
| NVIDIA Corp.(NVDA) | 0 | 89,135 | +89,135 | 0 | 14,082 | 0.08% | +14,082 |
| Wesco International, Inc.(WCC) | 258,503 | 290,746 | +32,243 | 40,146 | 53,846 | 0.29% | +13,701 |
| Davis Select U.S. Equity ETF SELECT US EQTY | 3,383,338 | 3,383,338 | 0 | 143,183 | 156,581 | 0.84% | +13,398 |
| American Express Co.(AXP) | 271,435 | 270,500 | -935 | 73,030 | 86,284 | 0.46% | +13,255 |
| Bank of New York Mellon Corp. | 1,910,645 | 1,898,430 | -12,215 | 160,246 | 172,966 | 0.92% | +12,720 |
| Davis Select International ETF SELCT INTL ETF | 3,890,080 | 3,890,080 | 0 | 89,900 | 100,597 | 0.54% | +10,698 |
| Oracle Corporation(ORCL) | 136,380 | 131,574 | -4,806 | 19,067 | 28,766 | 0.15% | +9,699 |
| Davis Select Financial ETF SELECT FINL | 2,129,860 | 2,129,860 | 0 | 83,661 | 91,456 | 0.49% | +7,795 |
| Davis Select Worldwide ETF SELECT WRLD WI | 1,916,287 | 1,916,287 | 0 | 72,225 | 79,412 | 0.42% | +7,187 |
| Fifth Third Bancorp(FITB) | 2,461,119 | 2,512,856 | +51,737 | 96,476 | 103,354 | 0.55% | +6,878 |
| Rocket Companies, Inc., Class A(RKT) | 3,139,289 | 3,132,678 | -6,611 | 37,891 | 44,421 | 0.24% | +6,530 |
| PNC Financial Services Group, Inc.(PNC) | 495,808 | 502,357 | +6,549 | 87,148 | 93,649 | 0.50% | +6,501 |
| Bank of America Corp. | 1,156,148 | 1,153,397 | -2,751 | 48,246 | 54,579 | 0.29% | +6,333 |
| Bank of N.T. Butterfield & Son Limited SHS NEW | 1,068,441 | 1,062,264 | -6,177 | 41,584 | 47,037 | 0.25% | +5,453 |
| Sea Ltd., Class A, ADR(SE) | 514,628 | 448,305 | -66,323 | 67,154 | 71,702 | 0.38% | +4,548 |
| COPT Defense Properties(CDP) | 0 | 147,490 | +147,490 | 0 | 4,068 | 0.02% | +4,068 |
| Charles Schwab Corp.(SCHW) | 297,606 | 296,438 | -1,168 | 23,297 | 27,047 | 0.14% | +3,750 |
| Realty Income Corp.(O) | 0 | 48,870 | +48,870 | 0 | 2,815 | 0.02% | +2,815 |
| Sunstone Hotel Investors, Inc.(SHO) | 791,730 | 1,155,480 | +363,750 | 7,450 | 10,030 | 0.05% | +2,579 |
| Digital Realty Trust, Inc.(DLR) | 67,130 | 68,460 | +1,330 | 9,619 | 11,935 | 0.06% | +2,316 |
| Restaurant Brands International, Inc.(QSR) | 3,372,511 | 3,419,715 | +47,204 | 224,744 | 226,693 | 1.21% | +1,949 |
| NetSTREIT Corp.(NTST) | 114,960 | 220,510 | +105,550 | 1,822 | 3,733 | 0.02% | +1,911 |
| Healthpeak Properties, Inc.(DOC) | 246,806 | 389,186 | +142,380 | 4,990 | 6,815 | 0.04% | +1,824 |
| Sun Communities, Inc.(SUI) | 25,040 | 38,370 | +13,330 | 3,221 | 4,853 | 0.03% | +1,632 |
| Taiwan Semiconductor Manufacturing(TSM) | 0 | 7,200 | +7,200 | 0 | 1,631 | 0.01% | +1,631 |
| Vale S.A., ADR | 2,733,513 | 2,948,514 | +215,001 | 27,280 | 28,630 | 0.15% | +1,350 |
| State Street Corp.(STT) | 72,704 | 72,251 | -453 | 6,509 | 7,683 | 0.04% | +1,174 |
| American Tower Corp(AMT) | 88,940 | 91,650 | +2,710 | 19,353 | 20,256 | 0.11% | +903 |
| VICI Properties, Inc.(VICI) | 143,440 | 169,740 | +26,300 | 4,679 | 5,534 | 0.03% | +855 |
| M & T Bank Corp(MTB) | 51,185 | 50,948 | -237 | 9,149 | 9,883 | 0.05% | +734 |
| Cousins Properties, Inc.(CUZ) | 446,935 | 460,235 | +13,300 | 13,185 | 13,821 | 0.07% | +636 |
| BXP, Inc.(BXP) | 203,440 | 209,630 | +6,190 | 13,669 | 14,144 | 0.08% | +475 |
| Lam Research Corp.(LRCX) | 12,280 | 12,280 | 0 | 893 | 1,195 | 0.01% | +303 |
| Truist Financial Corp.(TFC) | 156,431 | 155,845 | -586 | 6,437 | 6,700 | 0.04% | +263 |
| Apple Inc.(AAPL) | 0 | 1,265 | +1,265 | 0 | 260 | 0.00% | +260 |
| RenaissanceRe Holdings Ltd(RNR) | 143,801 | 143,067 | -734 | 34,512 | 34,751 | 0.19% | +239 |
| Exxon Mobil Corp. | 0 | 2,066 | +2,066 | 0 | 223 | 0.00% | +223 |
| Brixmor Property Group, Inc.(BRX) | 484,360 | 498,390 | +14,030 | 12,860 | 12,978 | 0.07% | +118 |
| Crown Holdings, Inc.(CCK) | 8,570 | 8,570 | 0 | 765 | 883 | 0.00% | +118 |
| Crown Castle, Inc.(CCI) | 41,000 | 42,300 | +1,300 | 4,273 | 4,345 | 0.02% | +72 |
| Community Healthcare Trust, Inc. | 301,740 | 332,280 | +30,540 | 5,480 | 5,526 | 0.03% | +46 |
| Regency Centers Corporation(REG) | 118,140 | 121,830 | +3,690 | 8,714 | 8,678 | 0.05% | -36 |
| Extra Space Storage, Inc.(EXR) | 56,785 | 56,765 | -20 | 8,432 | 8,369 | 0.04% | -63 |
| Equinix, Inc.(EQIX) | 15,373 | 15,663 | +290 | 12,534 | 12,459 | 0.07% | -75 |
| RH(RH) | 2,240 | 2,240 | 0 | 525 | 423 | 0.00% | -102 |
| Douglas Emmett, Inc(DEI) | 268,820 | 276,750 | +7,930 | 4,301 | 4,162 | 0.02% | -139 |
| American Homes 4 Rent - Class A(AMH) | 243,120 | 250,360 | +7,240 | 9,192 | 9,030 | 0.05% | -162 |
| Eastgroup Properties, Inc.(EGP) | 44,750 | 46,130 | +1,380 | 7,883 | 7,709 | 0.04% | -173 |
| Intel Corp.(INTC) | 10,683 | 0 | -10,683 | 243 | 0 | — | -243 |
| Equity Residential(EQR) | 99,855 | 101,725 | +1,870 | 7,148 | 6,865 | 0.04% | -282 |
| Loews Corp.(L) | 599,066 | 597,343 | -1,723 | 55,060 | 54,752 | 0.29% | -308 |
| Skechers U.S.A., Inc., Class A | 6,000 | 0 | -6,000 | 341 | 0 | — | -341 |
| AvalonBay Communities, Inc. | 56,650 | 57,820 | +1,170 | 12,158 | 11,766 | 0.06% | -392 |
| Essex Property Trust, Inc.(ESS) | 27,731 | 28,541 | +810 | 8,501 | 8,089 | 0.04% | -413 |
| Hudson Pacific Properties Inc. | 2,296,963 | 2,295,973 | -990 | 6,776 | 6,291 | 0.03% | -485 |
| Camden Property Trust(CPT) | 76,510 | 78,650 | +2,140 | 9,357 | 8,863 | 0.05% | -494 |
| Terreno Realty Corp.(TRNO) | 100,827 | 104,197 | +3,370 | 6,374 | 5,842 | 0.03% | -532 |
| UDR, Inc.(UDR) | 158,610 | 161,990 | +3,380 | 7,164 | 6,614 | 0.04% | -550 |
| Mid-America Apartment Communities, Inc.(MAA) | 51,450 | 53,050 | +1,600 | 8,622 | 7,852 | 0.04% | -770 |
| Rexford Industrial Realty, Inc.(REXR) | 363,620 | 375,010 | +11,390 | 14,236 | 13,339 | 0.07% | -897 |
| Everest Group, Ltd.(EG) | 39,662 | 39,500 | -162 | 14,410 | 13,424 | 0.07% | -986 |
| AGCO Corporation | 2,027,266 | 1,804,564 | -222,702 | 187,664 | 186,159 | 1.00% | -1,505 |
| iShares S&P 500 Value Index Fund | 19,712 | 10,978 | -8,734 | 3,757 | 2,145 | 0.01% | -1,611 |
| Simon Property Group, Inc.(SPG) | 68,033 | 58,723 | -9,310 | 11,299 | 9,440 | 0.05% | -1,859 |
| Alexandria Real Estate Equities, Inc. | 151,317 | 156,187 | +4,870 | 13,998 | 11,344 | 0.06% | -2,654 |
| JD.com Inc., Class A, ADR(JD) | 345,461 | 343,487 | -1,974 | 14,205 | 11,211 | 0.06% | -2,994 |
| Public Storage, Inc.(PSA) | 49,760 | 40,400 | -9,360 | 14,893 | 11,854 | 0.06% | -3,039 |
| Federal Realty Investment Trust(FRT) | 32,930 | 0 | -32,930 | 3,221 | 0 | — | -3,221 |
| Noah Holdings Ltd., Class A, ADS | 1,654,817 | 1,021,585 | -633,232 | 15,638 | 12,198 | 0.07% | -3,440 |
| Highwoods Properties Inc.(HIW) | 129,180 | 0 | -129,180 | 3,829 | 0 | — | -3,829 |
| Ventas, Inc.(VTR) | 250,190 | 203,350 | -46,840 | 17,203 | 12,842 | 0.07% | -4,362 |
| KE Holdings Inc., Class A, ADR(BEKE) | 1,860,528 | 1,852,812 | -7,716 | 37,378 | 32,869 | 0.18% | -4,509 |
| ConocoPhillips(COP) | 1,402,068 | 1,585,587 | +183,519 | 147,245 | 142,291 | 0.76% | -4,955 |
| Prologis, Inc.(PLD) | 171,756 | 129,226 | -42,530 | 19,201 | 13,584 | 0.07% | -5,616 |