Fund HoldingsDAVIS SELECTED ADVISERS

Total Portfolio Value
$23.29B
Total Bought
$1.98B
Total Sold
$3.72B
Net Transaction
-$1.74B
Filing Period:
Securities
SharesValue ($K)
Q1 2026
Q2 2026
Change
Q1 2026
Q2 2026
Weight (%)
Change
Devon Energy Corp.(DVN)025,297,991+25,297,99101,045,1944.49%+1,045,194
CVS Health Corporation(CVS)12,239,66611,865,916-373,750879,0541,227,5945.27%+348,541
Amazon.com, Inc.(AMZN)3,425,2524,276,176+850,924713,3801,019,2304.38%+305,850
MGM Resorts International(MGM)24,295,33823,903,317-392,021899,1711,142,7914.91%+243,620
UnitedHealth Group Inc.(UNH)1,247,4761,274,650+27,174337,559529,8392.28%+192,280
Texas Instruments, Inc.(TXN)2,849,6712,437,486-412,185553,238726,5493.12%+173,311
Alphabet Inc., Class A(GOOG)3,094,6592,937,160-157,499889,9031,049,6904.51%+159,787
U.S. Bancorp(USB)22,237,96021,453,510-784,4501,156,5971,295,9105.56%+139,313
Viatris Inc.(VTRS)78,211,19175,232,254-2,978,9371,056,6331,194,7905.13%+138,157
JBS N.V., Class A(JBS)26,244,66050,016,236+23,771,576471,354592,6922.54%+121,338
Owens Corning(OC)2,100,9352,081,213-19,722227,365330,7141.42%+103,349
Capital One Financial Corp.(COF)8,539,7368,270,946-268,7901,557,9061,659,4207.13%+101,514
Solventum Corp.(SOLV)6,330,3256,307,729-22,596413,371486,6862.09%+73,315
Markel Group, Inc(MKL)383,433406,759+23,326733,959794,4003.41%+60,441
Sea Ltd., Class A, ADR(SE)1,849,8312,011,812+161,981153,185192,7920.83%+39,607
Pinterest, Inc., Class A(PINS)12,400,10112,574,721+174,620227,418264,4831.14%+37,065
NetEase Inc. - ADR(NTES)422,712612,955+190,24347,31978,5440.34%+31,226
AppLovin Corp., Class A(APP)335,810315,539-20,271133,655162,7190.70%+29,065
Cigna Group(CI)2,233,9292,253,424+19,495595,906621,2442.67%+25,338
Trip.com Group Ltd., ADR(TCOM)6,555,1128,761,371+2,206,259326,379349,0531.50%+22,674
Wesco International, Inc.(WCC)381,007363,915-17,092104,252125,5030.54%+21,251
Fifth Third Bancorp(FITB)2,813,5252,684,183-129,342130,716151,3070.65%+20,591
Davis Select U.S. Equity ETF
SELECT US EQTY
3,400,7453,400,7450172,554191,0540.82%+18,500
People Inc.(PPLI)2,413,2472,394,024-19,22396,603110,5070.47%+13,905
Quest Diagnostics Inc.(DGX)1,617,8131,555,612-62,201317,062329,7821.42%+12,719
NVIDIA Corp.(NVDA)113,556154,727+41,17119,80530,9500.13%+11,145
Berkshire Hathaway Inc., Class B749,846738,433-11,413359,336369,5141.59%+10,178
Wells Fargo & Co.(WFC)8,190,8718,008,728-182,143652,076661,9012.84%+9,825
Davis Select Financial ETF
SELECT FINL
2,130,6662,130,666095,539105,1800.45%+9,641
PNC Financial Services Group, Inc.(PNC)541,922496,066-45,856112,769122,1410.52%+9,373
SBA Communications Corp-CL A(SBAC)040,700+40,70007,1820.03%+7,182
LyondellBasell Industries N.V.
SHS - A -
5,596,5888,698,852+3,102,264450,862457,9941.97%+7,131
Davis Select International ETF
SELCT INTL ETF
3,915,7483,915,7480105,392111,5990.48%+6,206
State Street Corp.(STT)152,200147,966-4,23419,26225,0950.11%+5,833
Microsoft Corp.(MSFT)78,48992,973+14,48429,05534,7050.15%+5,650
Alphabet Inc., Class C(GOOG)677,607564,274-113,333194,380199,3950.86%+5,015
Davis Select Worldwide ETF
SELECT WRLD WI
1,935,5851,935,585084,79889,5010.38%+4,703
AGCO Corporation2,086,6432,058,488-28,155241,781246,3621.06%+4,581
Essex Property Trust, Inc.(ESS)16,76128,501+11,7404,0568,3110.04%+4,254
Cousins Properties, Inc.(CUZ)586,465573,605-12,86013,23717,1970.07%+3,960
Bank of N.T. Butterfield & Son Limited
SHS NEW
1,073,1291,012,140-60,98956,31860,2220.26%+3,905
American Homes 4 Rent - Class A(AMH)277,170325,590+48,4207,73910,9140.05%+3,175
BXP, Inc.(BXP)237,190232,050-5,14012,31015,3870.07%+3,077
Adobe Inc.(ADBE)45,13967,894+22,75510,97313,9290.06%+2,956
Healthpeak Properties, Inc.(DOC)645,206631,026-14,18010,60113,5040.06%+2,903
Hudson Pacific Properties, Inc.(HPP)322,176315,236-6,9401,9044,7880.02%+2,884
Fermi Inc.(FRMI)305,730451,400+145,6701,7854,1350.02%+2,349
Sunstone Hotel Investors, Inc.(SHO)889,720870,120-19,6008,0169,9630.04%+1,946
Simon Property Group, Inc.(SPG)50,45849,318-1,1409,41211,0300.05%+1,618
Chubb Ltd.
COM
1,195,3911,148,090-47,301389,618391,2311.68%+1,613
Rocket Companies, Inc., Class A(RKT)4,823,5704,463,148-360,42268,73670,2950.30%+1,559
COPT Defense Properties(CDP)299,200292,700-6,5009,15610,6510.05%+1,496
M & T Bank Corp(MTB)60,30558,072-2,23312,46613,8220.06%+1,355
Camden Property Trust(CPT)88,01086,120-1,8908,5959,8600.04%+1,265
Synopsys, Inc.(SNPS)25,91324,962-95110,27511,1420.05%+866
Public Storage, Inc.(PSA)41,26037,740-3,52011,17712,0130.05%+837
Janus Living, Inc.(JAN)10,00035,000+25,0002361,0060.00%+770
Eastgroup Properties, Inc.(EGP)52,37051,230-1,1409,69310,3760.04%+682
Community Healthcare Trust, Inc.(CHCT)330,040322,890-7,1505,2445,9020.03%+658
Douglas Emmett, Inc(DEI)308,250301,580-6,6702,9043,5590.02%+655
Lam Research Corp.(LRCX)2,7802,78005941,2050.01%+611
Ventas, Inc.(VTR)113,870111,420-2,4509,3129,8940.04%+582
American Express Co.(AXP)233,126209,821-23,30570,51670,9720.30%+456
Extra Space Storage, Inc.(EXR)28,13527,535-6003,6894,0010.02%+311
Terreno Realty Corp.(TRNO)113,507111,037-2,4706,9727,1920.03%+220
CubeSmart(CUBE)92,27090,280-1,9903,3823,5900.02%+209
Chime Financial, Inc.(CHYM)2,539,2062,331,776-207,43047,55947,7550.21%+195
Bank of America Corp.1,159,204992,776-166,42856,51156,5680.24%+57
Prologis, Inc.(PLD)182,586178,556-4,03024,13424,1890.10%+55
Truist Financial Corp.(TFC)224,805208,391-16,41410,33410,3820.04%+48
Jones Lang LaSalle, Inc.(JLL)12,39512,295-1003,7723,8110.02%+39
Equity Residential(VMRK)105,76591,855-13,9106,2566,2400.03%-16
CBRE Group, Inc.(CBRE)25,61025,390-2203,4693,4200.01%-49
Realty Income Corp.(O)94,91092,720-2,1905,8075,7450.02%-62
Crown Holdings, Inc.(CCK)8,5705,470-3,1008596120.00%-247
VICI Properties, Inc.(VICI)220,180215,360-4,8206,0155,7180.02%-298
Sun Communities, Inc.(SUI)43,43042,480-9505,4705,0940.02%-377
Rexford Industrial Realty, Inc.(REXR)209,610191,960-17,6506,8616,4310.03%-430
Noah Holdings Ltd., Class A, ADS(NOAH)1,021,585964,486-57,09910,1149,6350.04%-478
Taiwan Semiconductor Manufacturing, ADR(TSM)7,2003,980-3,2202,4331,9010.01%-533
Equinix, Inc.(EQIX)21,22319,313-1,91020,80420,1320.09%-672
American Tower Corp(AMT)64,62063,250-1,37011,15210,3460.04%-806
KE Holdings Inc., Class A, ADR(BEKE)1,851,8041,850,782-1,02227,72226,8920.12%-830
Oracle Corporation(ORCL)80,41474,923-5,49111,83010,9740.05%-856
Everest Group, Ltd.(EG)140,908126,423-14,48546,05645,1620.19%-894
ANGI Inc., Class A(ANGI)948,993932,653-16,3406,5015,5490.02%-951
Digital Realty Trust, Inc.(DLR)78,88073,280-5,60014,21513,1600.06%-1,055
JD.com Inc., Class A, ADR(JD)283,418283,280-1388,3817,2180.03%-1,163
Brixmor Property Group, Inc.(BRX)563,170477,150-86,02016,21915,0450.06%-1,175
Regency Centers Corporation(REG)138,630116,340-22,29010,4899,2770.04%-1,212
iShares S&P 500 Value Index Fund11,6243,288-8,3362,4547470.00%-1,708
AvalonBay Communities, Inc.79,97059,890-20,08013,06311,3010.05%-1,762
RenaissanceRe Holdings Ltd(RNR)257,190234,528-22,66276,44574,3220.32%-2,123
Darling Ingredients Inc.(DAR)187,905170,846-17,05911,6229,3400.04%-2,282
Charles Schwab Corp.(SCHW)310,982289,871-21,11129,22626,7460.11%-2,480
Vale S.A., ADR2,931,1982,929,850-1,34846,63544,0650.19%-2,570
Mid-America Apartment Communities, Inc.(MAA)48,02021,900-26,1205,8643,0430.01%-2,821
Crown Castle, Inc.(CCI)41,9200-41,9203,4090-3,409
Loews Corp.(L)614,097545,211-68,88665,54961,7230.27%-3,825
Alexandria Real Estate Equities, Inc.180,80780,467-100,3408,3934,2530.02%-4,140
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