DAVIS SELECTED ADVISERS
Securities ▲▼ | Shares | Value ($K) | |||||
|---|---|---|---|---|---|---|---|
Q2 2025 ▲▼ | Q3 2025 ▲▼ | Change ▲▼ | Q2 2025 ▲▼ | Q3 2025 ▲▼ | Weight (%) ▲▼ | Change ▲▼ | |
| Capital One Financial Corp.(COF) | 0 | 8,380,117 | +8,380,117 | 0 | 1,781,445,282 | 9.30% | +1,781,445,282 |
| Meta Platforms, Inc., Class A(META) | 0 | 1,715,514 | +1,715,514 | 0 | 1,259,839,100 | 6.58% | +1,259,839,100 |
| Applied Materials, Inc. | 0 | 5,553,992 | +5,553,992 | 0 | 1,137,124,285 | 5.94% | +1,137,124,285 |
| U.S. Bancorp(USB) | 0 | 19,431,562 | +19,431,562 | 0 | 939,127,395 | 4.90% | +939,127,395 |
| CVS Health Corporation(CVS) | 0 | 11,403,641 | +11,403,641 | 0 | 859,720,495 | 4.49% | +859,720,495 |
| MGM Resorts International(MGM) | 0 | 23,953,452 | +23,953,452 | 0 | 830,226,646 | 4.33% | +830,226,646 |
| Berkshire Hathaway Inc., Class A | 0 | 998 | +998 | 0 | 752,691,600 | 3.93% | +752,691,600 |
| Markel Group, Inc(MKL) | 0 | 373,528 | +373,528 | 0 | 713,946,478 | 3.73% | +713,946,478 |
| Amazon.com, Inc.(AMZN) | 0 | 3,137,986 | +3,137,986 | 0 | 689,007,586 | 3.60% | +689,007,586 |
| Viatris Inc.(VTRS) | 0 | 69,345,645 | +69,345,645 | 0 | 686,521,885 | 3.58% | +686,521,885 |
| Alphabet Inc., Class A(GOOG) | 0 | 2,770,594 | +2,770,594 | 0 | 673,531,304 | 3.52% | +673,531,304 |
| Wells Fargo & Co.(WFC) | 0 | 7,786,052 | +7,786,052 | 0 | 652,626,920 | 3.41% | +652,626,920 |
| Tyson Foods Inc(TSN) | 0 | 9,962,127 | +9,962,127 | 0 | 540,943,496 | 2.82% | +540,943,496 |
| Teck Resources Ltd., Class B(TECK) | 0 | 11,023,662 | +11,023,662 | 0 | 483,828,525 | 2.53% | +483,828,525 |
| Coterra Energy, Inc. | 0 | 19,883,481 | +19,883,481 | 0 | 470,244,326 | 2.46% | +470,244,326 |
| Texas Instruments, Inc.(TXN) | 0 | 2,317,408 | +2,317,408 | 0 | 425,777,369 | 2.22% | +425,777,369 |
| Solventum Corp.(SOLV) | 0 | 5,517,611 | +5,517,611 | 0 | 402,785,603 | 2.10% | +402,785,603 |
| UnitedHealth Group Inc.(UNH) | 0 | 1,139,303 | +1,139,303 | 0 | 393,401,326 | 2.05% | +393,401,326 |
| Chubb Ltd. | 0 | 1,070,445 | +1,070,445 | 0 | 302,133,175 | 1.58% | +302,133,175 |
| Berkshire Hathaway Inc., Class B | 0 | 533,948 | +533,948 | 0 | 268,437,018 | 1.40% | +268,437,018 |
| Quest Diagnostics Inc.(DGX) | 0 | 1,361,612 | +1,361,612 | 0 | 259,496,015 | 1.35% | +259,496,015 |
| Pinterest, Inc., Class A(PINS) | 0 | 7,892,057 | +7,892,057 | 0 | 253,887,474 | 1.33% | +253,887,474 |
| Owens Corning(OC) | 0 | 1,777,367 | +1,777,367 | 0 | 251,426,336 | 1.31% | +251,426,336 |
| Restaurant Brands International, Inc.(QSR) | 0 | 3,542,388 | +3,542,388 | 0 | 227,208,766 | 1.19% | +227,208,766 |
| AGCO Corporation | 0 | 1,812,922 | +1,812,922 | 0 | 194,109,559 | 1.01% | +194,109,559 |
| Cigna Group(CI) | 0 | 656,318 | +656,318 | 0 | 189,183,664 | 0.99% | +189,183,664 |
| JPMorgan Chase & Co.(JPM) | 0 | 595,626 | +595,626 | 0 | 187,878,341 | 0.98% | +187,878,341 |
| AppLovin Corp., Class A(APP) | 0 | 223,574 | +223,574 | 0 | 160,646,862 | 0.84% | +160,646,862 |
| Alphabet Inc., Class C(GOOG) | 0 | 646,051 | +646,051 | 0 | 157,345,721 | 0.82% | +157,345,721 |
| ConocoPhillips(COP) | 0 | 1,599,311 | +1,599,311 | 0 | 151,278,828 | 0.79% | +151,278,828 |
| Fifth Third Bancorp(FITB) | 0 | 2,668,869 | +2,668,869 | 0 | 118,898,114 | 0.62% | +118,898,114 |
| Bank of New York Mellon Corp. | 0 | 1,010,681 | +1,010,681 | 0 | 110,123,786 | 0.57% | +110,123,786 |
| PNC Financial Services Group, Inc.(PNC) | 0 | 501,817 | +501,817 | 0 | 100,830,090 | 0.53% | +100,830,090 |
| Humana Inc.(HUM) | 0 | 385,539 | +385,539 | 0 | 100,305,682 | 0.52% | +100,305,682 |
| American Express Co.(AXP) | 0 | 247,940 | +247,940 | 0 | 82,355,848 | 0.43% | +82,355,848 |
| Trip.com Group Ltd., ADR(TCOM) | 4,949,468 | 4,941,445 | -8,023 | 290,236,804 | 371,596,664 | 1.94% | +81,359,860 |
| IAC Inc.(PPLI) | 0 | 2,243,689 | +2,243,689 | 0 | 76,442,484 | 0.40% | +76,442,484 |
| Darling Ingredients Inc.(DAR) | 0 | 2,453,940 | +2,453,940 | 0 | 75,753,128 | 0.40% | +75,753,128 |
| Wesco International, Inc.(WCC) | 0 | 292,570 | +292,570 | 0 | 61,878,555 | 0.32% | +61,878,555 |
| Rocket Companies, Inc., Class A(RKT) | 0 | 3,134,234 | +3,134,234 | 0 | 60,741,455 | 0.32% | +60,741,455 |
| Loews Corp.(L) | 0 | 595,697 | +595,697 | 0 | 59,802,022 | 0.31% | +59,802,022 |
| Bank of America Corp. | 0 | 1,150,589 | +1,150,589 | 0 | 59,358,887 | 0.31% | +59,358,887 |
| Full Truck Alliance Co. Ltd., ADR(YMM) | 11,635,925 | 14,981,773 | +3,345,848 | 137,420,274 | 194,313,596 | 1.01% | +56,893,322 |
| Chime Financial, Inc.(CHYM) | 0 | 2,399,166 | +2,399,166 | 0 | 48,391,178 | 0.25% | +48,391,178 |
| Bank of N.T. Butterfield & Son Limited | 0 | 1,058,793 | +1,058,793 | 0 | 45,443,396 | 0.24% | +45,443,396 |
| RenaissanceRe Holdings Ltd(RNR) | 0 | 143,145 | +143,145 | 0 | 36,348,810 | 0.19% | +36,348,810 |
| Charles Schwab Corp.(SCHW) | 0 | 296,441 | +296,441 | 0 | 28,301,222 | 0.15% | +28,301,222 |
| Microsoft Corp.(MSFT) | 0 | 52,306 | +52,306 | 0 | 27,091,893 | 0.14% | +27,091,893 |
| Prologis, Inc.(PLD) | 0 | 198,166 | +198,166 | 0 | 22,693,970 | 0.12% | +22,693,970 |
| Johnson Controls International plc | 0 | 186,004 | +186,004 | 0 | 20,451,140 | 0.11% | +20,451,140 |
| Oracle Corporation(ORCL) | 0 | 67,052 | +67,052 | 0 | 18,857,704 | 0.10% | +18,857,704 |
| BXP, Inc.(BXP) | 0 | 239,760 | +239,760 | 0 | 17,823,758 | 0.09% | +17,823,758 |
| Equinix, Inc.(EQIX) | 0 | 21,803 | +21,803 | 0 | 17,076,982 | 0.09% | +17,076,982 |
| NVIDIA Corp.(NVDA) | 0 | 89,795 | +89,795 | 0 | 16,753,951 | 0.09% | +16,753,951 |
| Rexford Industrial Realty, Inc.(REXR) | 0 | 395,150 | +395,150 | 0 | 16,244,617 | 0.08% | +16,244,617 |
| Brixmor Property Group, Inc.(BRX) | 0 | 570,000 | +570,000 | 0 | 15,777,600 | 0.08% | +15,777,600 |
| ANGI Inc., Class A | 0 | 949,006 | +949,006 | 0 | 15,430,837 | 0.08% | +15,430,837 |
| Alexandria Real Estate Equities, Inc. | 0 | 180,157 | +180,157 | 0 | 15,014,284 | 0.08% | +15,014,284 |
| Cousins Properties, Inc.(CUZ) | 0 | 512,355 | +512,355 | 0 | 14,827,554 | 0.08% | +14,827,554 |
| Simon Property Group, Inc.(SPG) | 0 | 76,733 | +76,733 | 0 | 14,400,482 | 0.08% | +14,400,482 |
| Digital Realty Trust, Inc.(DLR) | 0 | 81,280 | +81,280 | 0 | 14,051,686 | 0.07% | +14,051,686 |
| Everest Group, Ltd.(EG) | 0 | 39,428 | +39,428 | 0 | 13,808,868 | 0.07% | +13,808,868 |
| Public Storage, Inc.(PSA) | 0 | 44,610 | +44,610 | 0 | 12,885,599 | 0.07% | +12,885,599 |
| AvalonBay Communities, Inc. | 0 | 66,580 | +66,580 | 0 | 12,861,259 | 0.07% | +12,861,259 |
| American Tower Corp(AMT) | 0 | 65,670 | +65,670 | 0 | 12,629,654 | 0.07% | +12,629,654 |
| Sunstone Hotel Investors, Inc.(SHO) | 0 | 1,311,800 | +1,311,800 | 0 | 12,291,566 | 0.06% | +12,291,566 |
| State Street Corp.(STT) | 0 | 103,785 | +103,785 | 0 | 12,040,098 | 0.06% | +12,040,098 |
| NetEase Inc. - ADR(NTES) | 593,347 | 594,740 | +1,393 | 79,852,639 | 90,394,533 | 0.47% | +10,541,894 |
| Regency Centers Corporation(REG) | 0 | 140,110 | +140,110 | 0 | 10,214,019 | 0.05% | +10,214,019 |
| M & T Bank Corp(MTB) | 0 | 51,027 | +51,027 | 0 | 10,083,956 | 0.05% | +10,083,956 |
| Camden Property Trust(CPT) | 0 | 89,120 | +89,120 | 0 | 9,516,234 | 0.05% | +9,516,234 |
| American Homes 4 Rent - Class A(AMH) | 0 | 285,600 | +285,600 | 0 | 9,496,200 | 0.05% | +9,496,200 |
| Eastgroup Properties, Inc.(EGP) | 0 | 52,940 | +52,940 | 0 | 8,960,624 | 0.05% | +8,960,624 |
| COPT Defense Properties(CDP) | 0 | 302,120 | +302,120 | 0 | 8,779,607 | 0.05% | +8,779,607 |
| Healthpeak Properties, Inc.(DOC) | 0 | 446,866 | +446,866 | 0 | 8,557,484 | 0.04% | +8,557,484 |
| Mid-America Apartment Communities, Inc.(MAA) | 0 | 60,860 | +60,860 | 0 | 8,503,968 | 0.04% | +8,503,968 |
| Davis Select International ETF | 3,890,080 | 3,890,080 | 0 | 100,597,480 | 108,844,451 | 0.57% | +8,246,971 |
| Ventas, Inc.(VTR) | 0 | 117,330 | +117,330 | 0 | 8,211,927 | 0.04% | +8,211,927 |
| Extra Space Storage, Inc.(EXR) | 0 | 55,055 | +55,055 | 0 | 7,759,452 | 0.04% | +7,759,452 |
| Davis Select Worldwide ETF | 1,916,287 | 1,916,287 | 0 | 79,411,504 | 86,673,671 | 0.45% | +7,262,167 |
| VICI Properties, Inc.(VICI) | 0 | 221,610 | +221,610 | 0 | 7,226,702 | 0.04% | +7,226,702 |
| Truist Financial Corp.(TFC) | 0 | 156,437 | +156,437 | 0 | 7,152,300 | 0.04% | +7,152,300 |
| Sea Ltd., Class A, ADR(SE) | 448,305 | 440,594 | -7,711 | 71,701,902 | 78,747,366 | 0.41% | +7,045,464 |
| Equity Residential(EQR) | 0 | 107,215 | +107,215 | 0 | 6,940,027 | 0.04% | +6,940,027 |
| UDR, Inc.(UDR) | 0 | 186,190 | +186,190 | 0 | 6,937,439 | 0.04% | +6,937,439 |
| Terreno Realty Corp.(TRNO) | 0 | 120,907 | +120,907 | 0 | 6,861,472 | 0.04% | +6,861,472 |
| Hudson Pacific Properties Inc. | 0 | 2,300,183 | +2,300,183 | 0 | 6,348,505 | 0.03% | +6,348,505 |
| NetSTREIT Corp.(NTST) | 0 | 342,410 | +342,410 | 0 | 6,183,925 | 0.03% | +6,183,925 |
| Realty Income Corp.(O) | 0 | 93,580 | +93,580 | 0 | 5,688,728 | 0.03% | +5,688,728 |
| Sun Communities, Inc.(SUI) | 0 | 43,950 | +43,950 | 0 | 5,669,550 | 0.03% | +5,669,550 |
| Davis Select U.S. Equity ETF | 3,383,338 | 3,383,338 | 0 | 156,580,879 | 162,062,531 | 0.85% | +5,481,652 |
| Community Healthcare Trust, Inc. | 0 | 333,190 | +333,190 | 0 | 5,097,807 | 0.03% | +5,097,807 |
| Douglas Emmett, Inc(DEI) | 0 | 317,600 | +317,600 | 0 | 4,945,032 | 0.03% | +4,945,032 |
| Davis Select Financial ETF | 2,129,860 | 2,129,860 | 0 | 91,456,200 | 96,312,281 | 0.50% | +4,856,081 |
| Essex Property Trust, Inc.(ESS) | 0 | 16,951 | +16,951 | 0 | 4,537,105 | 0.02% | +4,537,105 |
| Synopsys, Inc.(SNPS) | 0 | 8,655 | +8,655 | 0 | 4,270,290 | 0.02% | +4,270,290 |
| Crown Castle, Inc.(CCI) | 0 | 43,240 | +43,240 | 0 | 4,172,228 | 0.02% | +4,172,228 |
| Vale S.A., ADR | 2,948,514 | 2,931,198 | -17,316 | 28,630,071 | 31,832,810 | 0.17% | +3,202,739 |
| KE Holdings Inc., Class A, ADR(BEKE) | 1,852,812 | 1,851,804 | -1,008 | 32,868,885 | 35,184,276 | 0.18% | +2,315,391 |
| Taiwan Semiconductor Manufacturing, ADR(TSM) | 0 | 7,200 | +7,200 | 0 | 2,010,888 | 0.01% | +2,010,888 |