Fund Holdings

Davis Asset Management, L.P.

Filing Period:
Securities
SharesValue ($K)
Q4 2025
Q1 2026
Change
Q4 2025
Q1 2026
Weight (%)
Change
Berkshire Hathaway Inc Del Cl A Frmly120475+35590,576,000341,116,5009.87%+250,540,500
JPMorgan Chase & Co(JPM)0468,786+468,7860137,898,0903.99%+137,898,090
Progressive Corp(PGR)0504,510+504,5100100,014,0622.89%+100,014,062
Goldman Sachs Group Inc.(GS)092,391+92,391078,161,8622.26%+78,161,862
Berkshire Hathaway Inc Del Cl B Frmly180,000315,643+135,64390,475,200151,256,1264.38%+60,780,926
Corebridge Financial(CRBD)3,500,0005,804,000+2,304,000105,595,000138,483,4404.01%+32,888,440
Markel(MKL)50,00070,631+20,631107,482,500135,192,6783.91%+27,710,178
Wells Fargo(WFC)0337,969+337,969026,905,7120.78%+26,905,712
Chubb Limited450,000494,556+44,556140,454,000161,190,6374.66%+20,736,637
American Express Company(AXP)063,000+63,000019,056,2400.55%+19,056,240
Marketaxess Hldgs Inc(MKTX)0108,846+108,846017,957,4130.52%+17,957,413
State Street Corp(STT)0116,000+116,000014,680,9600.42%+14,680,960
Accenture PLC Cl A350,000540,000+190,00093,905,000107,076,6003.10%+13,171,600
Equity Residential(EQR)800,0001,068,000+268,00050,432,00063,172,2001.83%+12,740,200
Arch Capital Group LTD550,000650,000+100,00052,756,00062,393,5001.81%+9,637,500
Western Alliance Bancorp(WAL)2,500,0003,083,000+583,000210,175,000218,430,5506.32%+8,255,550
US Bancorp Del Com New(USB)600,000715,210+115,21032,016,00037,198,0721.08%+5,182,072
M&T Bank(MTB)400,000410,000+10,00080,592,00084,755,2002.45%+4,163,200
Exxon Mobil Corp(XOM)024,166+24,16604,100,0040.12%+4,100,004
Servisfirst Bancshares Inc(SFBS)875,376910,376+35,00062,843,24366,302,6841.92%+3,459,441
Johnson & Johnson(JNJ)012,500+12,50003,055,5000.09%+3,055,500
Alibaba(BABA)500,000607,561+107,56173,290,00076,224,6032.21%+2,934,603
Five Star Bancorp(FSBC)1,511,5001,511,500054,081,47057,013,7801.65%+2,932,310
CNB Financial Corp PA(CCNE)950,000950,000024,861,50027,512,0000.80%+2,650,500
Mastercard Inc(MA)85,000102,000+17,00048,524,80050,965,3201.47%+2,440,520
Ameris Bancorp(ABCB)621,800621,800046,181,08648,494,1821.40%+2,313,096
Applied Materials Inc.06,626+6,62602,264,5400.07%+2,264,540
Old Second Bancorp(OSBC)1,745,5231,800,000+54,47734,037,69936,288,0001.05%+2,250,301
BlackRock Inc.(BLK)02,100+2,10002,019,5910.06%+2,019,591
The Coca Cola Company(KO)025,000+25,00001,901,2500.06%+1,901,250
Alphabet Inc(GOOG)04,750+4,75001,365,9100.04%+1,365,910
MGM Resorts International(MGM)031,458+31,45801,164,2710.03%+1,164,271
Deere & Company(DE)01,943+1,94301,094,2670.03%+1,094,267
The Travelers Companies Inc.(TRV)03,653+3,65301,065,5070.03%+1,065,507
Timberland Bancorp Inc174,476174,47606,246,2416,879,5890.20%+633,348
Eli Lily(LLY)0637+6370585,8930.02%+585,893
Merck & Co. Inc.(MRK)04,000+4,0000481,1600.01%+481,160
Linde PLC(LIN)0900+9000446,1750.01%+446,175
Weyerhaeuser Co.(WY)017,301+17,3010415,7430.01%+415,743
WR Berkley Corp.05,804+5,8040384,6890.01%+384,689
Shattuck Labs Inc.048,276+48,2760310,4150.01%+310,415
International Business Machines Co.(IBM)01,274+1,2740308,8050.01%+308,805
Union Pacific Corp(UNP)01,200+1,2000291,1440.01%+291,144
AFLAC Incorporated(AFL)02,000+2,0000219,4200.01%+219,420
Walmart Stores Inc.(WMT)01,500+1,5000186,4200.01%+186,420
TriCo Bancshares(TCBK)1,046,9001,046,900049,591,65349,769,6261.44%+177,973
Corteva Inc.(CTVA)01,835+1,8350153,6080.00%+153,608
Pfizer Inc.(PFE)04,428+4,4280124,3380.00%+124,338
Martin Marietta Materials Inc.(MLM)0200+2000117,7360.00%+117,736
General Electric Company(GE)0412+4120116,9130.00%+116,913
3M Company(MMM)0800+8000116,1840.00%+116,184
Qnity Electronics Inc.(Q)0917+9170105,8030.00%+105,803
GE Vernova Inc.(GEV)0103+103089,9090.00%+89,909
DuPont de Nemours Inc.(DD)01,835+1,835084,0430.00%+84,043
Citigroup(C)0720+720081,6550.00%+81,655
Cisco(CSCO)01,000+1,000077,5900.00%+77,590
McDonalds Corp.(MCD)0200+200062,1580.00%+62,158
Verizon Communications(VZ)0572+572028,7140.00%+28,714
Bristol Myers Squibb Company(BMY)0460+460027,8990.00%+27,899
GE Healthcare Technologies Inc.(GEHC)0137+13709,7520.00%+9,752
NVIDIA(NVDA)045+4507,8480.00%+7,848
Viatris Inc.(VTRS)0548+54807,4030.00%+7,403
Duke Energy Corp.(DUK)054+5407,0710.00%+7,071
The Chemours Co.(CC)0225+22504,9570.00%+4,957
Occidental Pete Corp.(OXY)067+6704,3550.00%+4,355
American International Group Inc.047+4703,5370.00%+3,537
Kyndryl Holdings Inc.(KD)0254+25403,3320.00%+3,332
Palantir Technologies Inc.(PLTR)020+2002,8710.00%+2,871
Organon & Co.(OGN)0400+40002,3960.00%+2,396
Uber Technologies Inc.(UBER)030+3002,1580.00%+2,158
Disney Walt Co(DIS)019+1901,8310.00%+1,831
Tesla Mortors Inc.(TSLA)03+301,1150.00%+1,115
Fox Corp(FOX)019+1901,1100.00%+1,110
Vodafone Group PLC(VOD)047+4707060.00%+706
News Corporation(NWS)014+1403490.00%+349
CoreWeave Inc.(CRWV)03+302320.00%+232
AXOS Financial Inc(AX)1,457,2191,535,219+78,000125,553,989123,994,7653.59%-1,559,224
First American Financial Corp(FAF)1,500,0001,500,000092,160,00090,435,0002.62%-1,725,000
FB Financial Corp(FBK)619,236619,236034,553,36932,163,1180.93%-2,390,251
Raymond James Financial Inc(RJF)270,000270,000043,359,30039,093,3001.13%-4,266,000
Carlyle Group(CG)1,000,0001,131,000+131,00059,110,00054,729,0901.58%-4,380,910
Global Payments Inc.(GPN)1,400,0001,485,000+85,000108,360,00099,940,5002.89%-8,419,500
Visa Inc(V)300,000320,000+20,000105,213,00096,716,8002.80%-8,496,200
Alphabet Inc(GOOG)1,000,0001,000,0000313,800,000286,860,0008.30%-26,940,000
Meta Platforms(META)500,000515,000+15,000330,045,000294,646,9508.53%-35,398,050
Webster Financial Corp(WBS)2,000,0000-2,000,000125,880,0000-125,880,000
Page 1 of 1