Securities ▲▼ | Shares | Value ($K) | |||||
|---|---|---|---|---|---|---|---|
Q3 2025 ▲▼ | Q4 2025 ▲▼ | Change ▲▼ | Q3 2025 ▲▼ | Q4 2025 ▲▼ | Weight (%) ▲▼ | Change ▲▼ | |
| Coterra Energy, Inc. | 19,883,481 | 32,537,508 | +12,654,027 | 470,244 | 856,387 | 3.85% | +386,143 |
| Capital One Financial Corp.(COF) | 8,380,117 | 8,614,766 | +234,649 | 1,781,445 | 2,087,878 | 9.38% | +306,433 |
| Alphabet Inc., Class A(GOOG) | 2,770,594 | 3,118,760 | +348,166 | 673,531 | 976,175 | 4.39% | +302,643 |
| Viatris Inc.(VTRS) | 69,345,645 | 78,177,984 | +8,832,339 | 686,522 | 973,316 | 4.37% | +286,794 |
| U.S. Bancorp(USB) | 19,431,562 | 22,041,759 | +2,610,197 | 939,127 | 1,176,148 | 5.29% | +237,021 |
| Tyson Foods Inc(TSN) | 9,962,127 | 12,827,540 | +2,865,413 | 540,943 | 751,951 | 3.38% | +211,007 |
| Markel Group, Inc(MKL) | 373,528 | 415,160 | +41,632 | 713,946 | 892,496 | 4.01% | +178,549 |
| JBS N.V., Class A(JBS) | 0 | 11,854,741 | +11,854,741 | 0 | 170,945 | 0.77% | +170,945 |
| CVS Health Corporation(CVS) | 11,403,641 | 12,760,511 | +1,356,870 | 859,720 | 1,012,675 | 4.55% | +152,954 |
| MGM Resorts International(MGM) | 23,953,452 | 26,820,202 | +2,866,750 | 830,227 | 978,669 | 4.40% | +148,443 |
| Wells Fargo & Co.(WFC) | 7,786,052 | 8,258,031 | +471,979 | 652,627 | 769,649 | 3.46% | +117,022 |
| Berkshire Hathaway Inc., Class B | 533,948 | 739,875 | +205,927 | 268,437 | 371,908 | 1.67% | +103,471 |
| Amazon.com, Inc.(AMZN) | 3,137,986 | 3,429,262 | +291,276 | 689,008 | 791,545 | 3.56% | +102,538 |
| Teck Resources Ltd., Class B(TECK) | 11,023,662 | 12,019,609 | +995,947 | 483,829 | 575,620 | 2.59% | +91,791 |
| Solventum Corp.(SOLV) | 5,517,611 | 6,220,072 | +702,461 | 402,786 | 492,880 | 2.22% | +90,094 |
| Texas Instruments, Inc.(TXN) | 2,317,408 | 2,853,227 | +535,819 | 425,777 | 495,009 | 2.22% | +69,231 |
| Chubb Ltd. COM | 1,070,445 | 1,186,647 | +116,202 | 302,133 | 370,380 | 1.66% | +68,247 |
| Alphabet Inc., Class C(GOOG) | 646,051 | 710,963 | +64,912 | 157,346 | 223,102 | 1.00% | +65,756 |
| Pinterest, Inc., Class A(PINS) | 7,892,057 | 11,801,983 | +3,909,926 | 253,887 | 305,554 | 1.37% | +51,666 |
| Restaurant Brands International, Inc.(QSR) | 3,542,388 | 4,020,791 | +478,403 | 227,209 | 274,340 | 1.23% | +47,131 |
| Fiserv, Inc.(FISV) | 0 | 568,982 | +568,982 | 0 | 38,219 | 0.17% | +38,219 |
| RenaissanceRe Holdings Ltd(RNR) | 143,145 | 229,739 | +86,594 | 36,349 | 64,593 | 0.29% | +28,245 |
| Wesco International, Inc.(WCC) | 292,570 | 364,502 | +71,932 | 61,879 | 89,172 | 0.40% | +27,294 |
| UnitedHealth Group Inc.(UNH) | 1,139,303 | 1,273,400 | +134,097 | 393,401 | 420,369 | 1.89% | +26,967 |
| Darling Ingredients Inc.(DAR) | 2,453,940 | 2,842,306 | +388,366 | 75,753 | 102,324 | 0.46% | +26,570 |
| Everest Group, Ltd.(EG) | 39,428 | 118,017 | +78,589 | 13,809 | 40,049 | 0.18% | +26,240 |
| iShares S&P 500 Value Index Fund | 0 | 127,053 | +127,053 | 0 | 26,944 | 0.12% | +26,944 |
| IAC Inc.(PPLI) | 2,243,689 | 2,514,072 | +270,383 | 76,442 | 98,301 | 0.44% | +21,858 |
| AGCO Corporation | 1,812,922 | 2,048,835 | +235,913 | 194,110 | 213,736 | 0.96% | +19,627 |
| Cigna Group(CI) | 656,318 | 752,852 | +96,534 | 189,184 | 207,212 | 0.93% | +18,029 |
| ConocoPhillips(COP) | 1,599,311 | 1,797,887 | +198,576 | 151,279 | 168,301 | 0.76% | +17,023 |
| Quest Diagnostics Inc.(DGX) | 1,361,612 | 1,589,883 | +228,271 | 259,496 | 275,895 | 1.24% | +16,399 |
| Chime Financial, Inc.(CHYM) | 2,399,166 | 2,472,106 | +72,940 | 48,391 | 62,223 | 0.28% | +13,832 |
| Davis Select U.S. Equity ETF SELECT US EQTY | 3,383,338 | 3,384,566 | +1,228 | 162,063 | 173,053 | 0.78% | +10,990 |
| PNC Financial Services Group, Inc.(PNC) | 501,817 | 530,089 | +28,272 | 100,830 | 110,645 | 0.50% | +9,815 |
| Fifth Third Bancorp(FITB) | 2,668,869 | 2,744,310 | +75,441 | 118,898 | 128,461 | 0.58% | +9,563 |
| American Express Co.(AXP) | 247,940 | 241,700 | -6,240 | 82,356 | 89,417 | 0.40% | +7,061 |
| Bank of N.T. Butterfield & Son Limited SHS NEW | 1,058,793 | 1,053,710 | -5,083 | 45,443 | 52,496 | 0.24% | +7,052 |
| Davis Select Financial ETF SELECT FINL | 2,129,860 | 2,130,361 | +501 | 96,312 | 102,960 | 0.46% | +6,648 |
| State Street Corp.(STT) | 103,785 | 143,773 | +39,988 | 12,040 | 18,548 | 0.08% | +6,508 |
| AppLovin Corp., Class A(APP) | 223,574 | 247,981 | +24,407 | 160,647 | 167,098 | 0.75% | +6,451 |
| Vale S.A., ADR | 2,931,198 | 2,931,198 | 0 | 31,833 | 38,194 | 0.17% | +6,361 |
| Johnson Controls International plc SHS | 186,004 | 209,960 | +23,956 | 20,451 | 25,143 | 0.11% | +4,692 |
| NVIDIA Corp.(NVDA) | 89,795 | 111,038 | +21,243 | 16,754 | 20,709 | 0.09% | +3,955 |
| Bank of America Corp. | 1,150,589 | 1,149,873 | -716 | 59,359 | 63,243 | 0.28% | +3,884 |
| Hudson Pacific Properties, Inc. | 0 | 324,026 | +324,026 | 0 | 3,509 | 0.02% | +3,509 |
| Loews Corp.(L) | 595,697 | 600,046 | +4,349 | 59,802 | 63,191 | 0.28% | +3,389 |
| CubeSmart(CUBE) | 0 | 90,930 | +90,930 | 0 | 3,278 | 0.01% | +3,278 |
| Davis Select Worldwide ETF SELECT WRLD WI | 1,916,287 | 1,917,460 | +1,173 | 86,674 | 89,430 | 0.40% | +2,757 |
| Microsoft Corp.(MSFT) | 52,306 | 60,801 | +8,495 | 27,092 | 29,406 | 0.13% | +2,314 |
| Truist Financial Corp.(TFC) | 156,437 | 192,053 | +35,616 | 7,152 | 9,451 | 0.04% | +2,299 |
| Davis Select International ETF SELCT INTL ETF | 3,890,080 | 3,892,451 | +2,371 | 108,844 | 110,935 | 0.50% | +2,090 |
| Charles Schwab Corp.(SCHW) | 296,441 | 301,695 | +5,254 | 28,301 | 30,142 | 0.14% | +1,841 |
| Rocket Companies, Inc., Class A(RKT) | 3,134,234 | 3,227,910 | +93,676 | 60,741 | 62,492 | 0.28% | +1,751 |
| AvalonBay Communities, Inc. | 66,580 | 78,840 | +12,260 | 12,861 | 14,294 | 0.06% | +1,433 |
| SAP SE - ADR(SAP) | 0 | 56,347 | +56,347 | 0 | 13,688 | 0.06% | +13,688 |
| M & T Bank Corp(MTB) | 51,027 | 55,846 | +4,819 | 10,084 | 11,252 | 0.05% | +1,168 |
| Ventas, Inc.(VTR) | 117,330 | 114,410 | -2,920 | 8,212 | 8,853 | 0.04% | +641 |
| Lam Research Corp.(LRCX) | 0 | 12,280 | +12,280 | 0 | 2,102 | 0.01% | +2,102 |
| Prologis, Inc.(PLD) | 198,166 | 180,126 | -18,040 | 22,694 | 22,995 | 0.10% | +301 |
| Community Healthcare Trust, Inc. | 333,190 | 325,560 | -7,630 | 5,098 | 5,346 | 0.02% | +248 |
| Eastgroup Properties, Inc.(EGP) | 52,940 | 51,630 | -1,310 | 8,961 | 9,197 | 0.04% | +237 |
| Taiwan Semiconductor Manufacturing, ADR(TSM) | 7,200 | 7,200 | 0 | 2,011 | 2,188 | 0.01% | +177 |
| Terreno Realty Corp.(TRNO) | 120,907 | 117,937 | -2,970 | 6,861 | 6,924 | 0.03% | +63 |
| Crown Holdings, Inc.(CCK) | 0 | 8,570 | +8,570 | 0 | 882 | 0.00% | +882 |
| Camden Property Trust(CPT) | 89,120 | 86,930 | -2,190 | 9,516 | 9,569 | 0.04% | +53 |
| Synopsys, Inc.(SNPS) | 8,655 | 8,655 | 0 | 4,270 | 4,065 | 0.02% | -205 |
| Essex Property Trust, Inc.(ESS) | 16,951 | 16,511 | -440 | 4,537 | 4,321 | 0.02% | -217 |
| Mid-America Apartment Communities, Inc.(MAA) | 60,860 | 59,380 | -1,480 | 8,504 | 8,248 | 0.04% | -255 |
| Equity Residential(EQR) | 107,215 | 104,515 | -2,700 | 6,940 | 6,589 | 0.03% | -351 |
| Sun Communities, Inc.(SUI) | 43,950 | 42,840 | -1,110 | 5,670 | 5,308 | 0.02% | -361 |
| Crown Castle, Inc.(CCI) | 43,240 | 42,160 | -1,080 | 4,172 | 3,747 | 0.02% | -425 |
| RH(RH) | 0 | 0 | 0 | 0 | 0 | — | 0 |
| Realty Income Corp.(O) | 93,580 | 91,390 | -2,190 | 5,689 | 5,152 | 0.02% | -537 |
| American Homes 4 Rent - Class A(AMH) | 285,600 | 278,610 | -6,990 | 9,496 | 8,943 | 0.04% | -553 |
| COPT Defense Properties(CDP) | 302,120 | 294,740 | -7,380 | 8,780 | 8,194 | 0.04% | -586 |
| Regency Centers Corporation(REG) | 140,110 | 136,650 | -3,460 | 10,214 | 9,433 | 0.04% | -781 |
| Sunstone Hotel Investors, Inc.(SHO) | 1,311,800 | 1,279,610 | -32,190 | 12,292 | 11,440 | 0.05% | -852 |
| VICI Properties, Inc.(VICI) | 221,610 | 216,240 | -5,370 | 7,227 | 6,081 | 0.03% | -1,146 |
| Equinix, Inc.(EQIX) | 21,803 | 20,773 | -1,030 | 17,077 | 15,915 | 0.07% | -1,162 |
| Brixmor Property Group, Inc.(BRX) | 570,000 | 555,970 | -14,030 | 15,778 | 14,578 | 0.07% | -1,200 |
| American Tower Corp(AMT) | 65,670 | 63,970 | -1,700 | 12,630 | 11,231 | 0.05% | -1,398 |
| Douglas Emmett, Inc(DEI) | 317,600 | 309,810 | -7,790 | 4,945 | 3,405 | 0.02% | -1,540 |
| Healthpeak Properties, Inc.(DOC) | 446,866 | 435,936 | -10,930 | 8,557 | 7,010 | 0.03% | -1,548 |
| Noah Holdings Ltd., Class A, ADS | 0 | 1,021,585 | +1,021,585 | 0 | 10,257 | 0.05% | +10,257 |
| Public Storage, Inc.(PSA) | 44,610 | 43,520 | -1,090 | 12,886 | 11,293 | 0.05% | -1,592 |
| Digital Realty Trust, Inc.(DLR) | 81,280 | 79,250 | -2,030 | 14,052 | 12,261 | 0.06% | -1,791 |
| Cousins Properties, Inc.(CUZ) | 512,355 | 499,615 | -12,740 | 14,828 | 12,880 | 0.06% | -1,947 |
| BXP, Inc.(BXP) | 239,760 | 233,910 | -5,850 | 17,824 | 15,784 | 0.07% | -2,040 |
| Simon Property Group, Inc.(SPG) | 76,733 | 66,183 | -10,550 | 14,400 | 12,251 | 0.06% | -2,149 |
| JD.com Inc., Class A, ADR(JD) | 0 | 329,221 | +329,221 | 0 | 9,449 | 0.04% | +9,449 |
| UDR, Inc.(UDR) | 186,190 | 113,280 | -72,910 | 6,937 | 4,155 | 0.02% | -2,782 |
| NetSTREIT Corp.(NTST) | 342,410 | 189,600 | -152,810 | 6,184 | 3,345 | 0.02% | -2,839 |
| Rexford Industrial Realty, Inc.(REXR) | 395,150 | 344,830 | -50,320 | 16,245 | 13,352 | 0.06% | -2,893 |
| ANGI Inc., Class A | 949,006 | 948,993 | -13 | 15,431 | 12,270 | 0.06% | -3,160 |
| Oracle Corporation(ORCL) | 67,052 | 79,416 | +12,364 | 18,858 | 15,480 | 0.07% | -3,378 |
| JPMorgan Chase & Co.(JPM) | 595,626 | 571,586 | -24,040 | 187,878 | 184,176 | 0.83% | -3,702 |
| Extra Space Storage, Inc.(EXR) | 55,055 | 27,955 | -27,100 | 7,759 | 3,640 | 0.02% | -4,119 |
| KE Holdings Inc., Class A, ADR(BEKE) | 1,851,804 | 1,851,804 | 0 | 35,184 | 29,184 | 0.13% | -6,000 |
| Full Truck Alliance Co. Ltd., ADR(YMM) | 14,981,773 | 17,537,524 | +2,555,751 | 194,314 | 188,178 | 0.85% | -6,136 |