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Davis Selected Advisers
Davis Selected Advisers, manager of the Davis family of funds.
Portfolio Value
$21.78B
Positions
112
Top 10 Weight
47.29%
Largest Position
7.15%
As of
Q1 2026
Filed
May 7, 2026
CAPITAL ONE FINL CORP7.15%CABOT OIL & GAS CORP5.99%Us Bancorp Del5.31%VIATRIS INC4.85%META PLATFORMS INC4.52%hover the bar for the rest
Strategy Snapshot
- › Portfolio value fell 2.1% quarter-over-quarter to $21.78B.
- › Moderately diversified portfolio — the top 10 holdings make up 47.3% of assets.
- › This quarter: 6 new buys, 64 adds, 36 trims, 2 full exits — net buyer.
- › Biggest new buy: Lyondellbasell Industries Nv ($450.86M).
- › Biggest exit: UDR, Inc. (UDR) ($4.16M position closed).
Changes since Q4 2025
New Buys
- Lyondellbasell Industries Nv$450.86M
- ADOBE INC (ADBE)$10.97M
- Jones Lang LaSalle, Inc. (JLL)$3.77M
- CBRE GROUP INC (CBRE)$3.47M
- Fermi Inc. (FRMI)$1.79M
- Janus Living, Inc. (JAN)$235.7K
Added To / Trimmed
- APPLIED MATLS INC-71.5%
- THE CIGNA GROUP (CI)++196.7%
- Jbs N.V.++121.4%
- Darling Ingredients Inc. (DAR)-93.4%
- CABOT OIL & GAS CORP (CTRA)++14.1%
- Sea Ltd (SE)++323.8%
- MGM RESORTS INTERNATIONAL (MGM)-9.4%
- Full Truck Alliance Co. Ltd., ADR (YMM)++64.0%
- TRIP COM GROUP LTD (TCOM)++29.7%
- TECK RESOURCES LTD (TECK)-11.9%
Exited
- UDR, Inc. (UDR)$4.16M
- NetSTREIT Corp. (NTST)$3.34M
Current Holdings
Showing top 50 of 112 positions by value. View full filing on SEC EDGAR
| # | Security | Value | % of Portfolio | Avg Buy Price | Price | Gain | vs 52W High | This Qtr | Last Activity |
|---|---|---|---|---|---|---|---|---|---|
| 1 | CAPITAL ONE FINL CORP COF | $1.56B | 7.15% | ~$141.28 | $184.73 | +30.8% | −28.9% | -0.9% | SELL Q1 2026 |
| 2 | CABOT OIL & GAS CORP CTRA | $1.30B | 5.99% | ~$26.41 | $32.56 | +23.3% | −11.7% | +14.1% | BUY Q1 2026 |
| 3 | Us Bancorp Del USB | $1.16B | 5.31% | ~$42.66 | $58.94 | +38.2% | −3.7% | +0.9% | BUY Q1 2026 |
| 4 | VIATRIS INC VTRS | $1.06B | 4.85% | ~$10.78 | $16.48 | +52.8% | −6.0% | +0.0% | BUY Q1 2026 |
| 5 | META PLATFORMS INC META | $983.59M | 4.52% | ~$507.55 | $566.98 | +11.7% | −28.8% | -1.9% | SELL Q1 2026 |
| 6 | MGM RESORTS INTERNATIONAL MGM | $899.17M | 4.13% | ~$40.18 | $48.97 | +21.9% | −5.1% | -9.4% | SELL Q1 2026 |
| 7 | ALPHABET INC GOOGL | $889.90M | 4.09% | ~$196.57 | $359.68 | +83.0% | −12.0% | -0.8% | SELL Q1 2026 |
| 8 | CVS HEALTH CORP CVS | $879.05M | 4.04% | ~$49.32 | $101.96 | +106.8% | −0.8% | -4.1% | SELL Q1 2026 |
| 9 | TYSON FOODS INC TSN | $838.72M | 3.85% | ~$57.81 | $57.43 | −0.7% | −17.3% | +2.1% | BUY Q1 2026 |
| 10 | Markel Group, Inc MKL | $733.96M | 3.37% | ~$1665.12 | $1846.00 | +10.9% | −16.4% | -7.6% | SELL Q1 2026 |
| 11 | AMAZON COM INC | $713.38M | 3.28% | ~$196.44 | — | — | — | -0.1% | SELL Q1 2026 |
| 12 | BERKSHIRE HATHAWAY INC DEL | $662.84M | 3.04% | ~$612241.00 | — | — | — | -2.1% | SELL Q1 2026 |
| 13 | Wells Fargo Co New WFC | $652.08M | 2.99% | ~$61.32 | $83.73 | +36.5% | −14.4% | -0.8% | SELL Q1 2026 |
| 14 | THE CIGNA GROUP CI | $595.91M | 2.74% | ~$285.86 | $298.00 | +4.2% | −12.1% | +196.7% | BUY Q1 2026 |
| 15 | TEXAS INSTRS INC TXN | $553.24M | 2.54% | ~$190.18 | $301.12 | +58.3% | −9.2% | -0.1% | SELL Q1 2026 |
| 16 | TECK RESOURCES LTD TECK | $547.76M | 2.51% | ~$47.90 | $64.84 | +35.4% | −9.0% | -11.9% | SELL Q1 2026 |
| 17 | Jbs N.V. | $471.35M | 2.16% | ~$16.36 | — | — | — | +121.4% | BUY Q1 2026 |
| 18 | Lyondellbasell Industries Nv | $450.86M | 2.07% | ~$80.56 | — | — | — | NEW | BUY Q1 2026 |
| 19 | SOLVENTUM CORP SOLV | $413.37M | 1.90% | ~$57.28 | $78.87 | +37.7% | −10.6% | +1.8% | BUY Q1 2026 |
| 20 | APPLIED MATLS INC | $409.16M | 1.88% | ~$220.21 | — | — | — | -71.5% | SELL Q1 2026 |
| 21 | CHUBB LIMITED | $389.62M | 1.79% | ~$261.14 | — | — | — | +0.7% | BUY Q1 2026 |
| 22 | BERKSHIRE HATHAWAY INC DEL | $359.34M | 1.65% | ~$434.09 | — | — | — | +1.3% | BUY Q1 2026 |
| 23 | UNITEDHEALTH GROUP INC UNH | $337.56M | 1.55% | ~$321.57 | $408.52 | +27.0% | −1.8% | -2.0% | SELL Q1 2026 |
| 24 | TRIP COM GROUP LTD TCOM | $326.38M | 1.50% | ~$58.13 | $46.47 | −20.1% | −41.2% | +29.7% | BUY Q1 2026 |
| 25 | Quest Diagnostics Inc. DGX | $317.06M | 1.46% | ~$143.36 | $203.06 | +41.6% | −4.9% | +1.8% | BUY Q1 2026 |
| 26 | RESTAURANT BRANDS INTL INC QSR | $265.98M | 1.22% | ~$66.75 | $74.85 | +12.1% | −8.7% | -10.5% | SELL Q1 2026 |
| 27 | CONOCOPHILLIPS COP | $247.56M | 1.14% | ~$105.34 | $116.98 | +11.0% | −13.9% | +4.3% | BUY Q1 2026 |
| 28 | AGCO CORP. | $241.78M | 1.11% | ~$98.88 | — | — | — | +1.8% | BUY Q1 2026 |
| 29 | Full Truck Alliance Co. Ltd., ADR YMM | $238.73M | 1.10% | ~$10.37 | $8.44 | −18.6% | −40.0% | +64.0% | BUY Q1 2026 |
| 30 | PINTEREST INC PINS | $227.42M | 1.04% | ~$29.52 | $20.21 | −31.5% | −49.4% | +5.1% | BUY Q1 2026 |
| 31 | OWENS CORNING NEW OC | $227.36M | 1.04% | ~$163.98 | $121.44 | −25.9% | −23.8% | +2.7% | BUY Q1 2026 |
| 32 | ALPHABET INC GOOG | $194.38M | 0.89% | ~$195.29 | $358.16 | +83.4% | −11.4% | -4.7% | SELL Q1 2026 |
| 33 | Davis Select U.S. Equity ETF DUSA | $172.55M | 0.79% | ~$40.67 | $56.18 | +38.1% | −0.5% | +0.5% | BUY Q1 2026 |
| 34 | JPMORGAN CHASE & CO JPM | $163.69M | 0.75% | ~$202.26 | $320.72 | +58.6% | −4.9% | -2.6% | SELL Q1 2026 |
| 35 | Sea Ltd SE | $153.18M | 0.70% | ~$80.12 | $82.94 | +3.5% | −58.4% | +323.8% | BUY Q1 2026 |
| 36 | Applovin Corp APP | $133.65M | 0.61% | ~$354.16 | $496.77 | +40.3% | −33.4% | +35.4% | BUY Q1 2026 |
| 37 | FIFTH THIRD BANC FITB | $130.72M | 0.60% | ~$37.58 | $54.73 | +45.6% | −1.3% | +2.5% | BUY Q1 2026 |
| 38 | PNC FINANCIAL SERVICES GROUP INC. PNC | $112.77M | 0.52% | ~$159.78 | $237.66 | +48.7% | −2.6% | +2.2% | BUY Q1 2026 |
| 39 | Davis Select International ETF DINT | $105.39M | 0.48% | ~$19.96 | $29.23 | +46.5% | −4.1% | +0.6% | BUY Q1 2026 |
| 40 | WESCO INTL INC WCC | $104.25M | 0.48% | ~$183.87 | $346.77 | +88.6% | −8.2% | +4.5% | BUY Q1 2026 |
| 41 | IAC Inc. PPLI | $96.60M | 0.44% | ~$46.01 | $42.64 | −7.3% | −8.0% | -4.0% | SELL Q1 2026 |
| 42 | Davis Select Financial ETF DFNL | $95.54M | 0.44% | ~$33.22 | $47.63 | +43.4% | −5.9% | +0.0% | BUY Q1 2026 |
| 43 | Davis Select Worldwide ETF DWLD | $84.80M | 0.39% | ~$33.45 | $47.16 | +41.0% | −3.8% | +0.9% | BUY Q1 2026 |
| 44 | RENAISSANCERE HLDGS LTD | $76.44M | 0.35% | ~$277.71 | — | — | — | +11.9% | BUY Q1 2026 |
| 45 | AMERICAN EXPRESS CO | $70.52M | 0.32% | ~$231.55 | — | — | — | -3.5% | SELL Q1 2026 |
| 46 | ROCKET COS INC RKT | $68.74M | 0.32% | ~$13.99 | $13.07 | −6.6% | −46.3% | +49.4% | BUY Q1 2026 |
| 47 | Loews Corp. L | $65.55M | 0.30% | ~$75.70 | $108.12 | +42.8% | −5.9% | +2.3% | BUY Q1 2026 |
| 48 | BANK NEW YORK MELLON CORP | $62.31M | 0.29% | ~$60.28 | — | — | — | +0.7% | BUY Q1 2026 |
| 49 | BANK AMER CORP | $56.51M | 0.26% | ~$39.84 | — | — | — | +0.8% | BUY Q1 2026 |
| 50 | Bank of N.T. Butterfield & Son Limited | $56.32M | 0.26% | ~$35.44 | — | — | — | +1.8% | BUY Q1 2026 |
~ Avg buy price is estimated from quarterly 13F snapshots; actual trade dates and prices are not disclosed in filings. Gain compares the current market price to that estimated cost. vs 52W High shows how far the price sits below its 52-week high. Quotes via Yahoo Finance, may be delayed.
Filing History
| Period | Value Trend | Portfolio Value | Positions | Filed |
|---|---|---|---|---|
| Q1 2026 | $21.78B | 112 | May 7, 2026 | |
| Q4 2025 | $22.25B | 108 | Feb 2, 2026 | |
| Q3 2025 | $19.15B | 107 | Nov 12, 2025 | |
| Q2 2025 | $18.70B | 107 | Aug 8, 2025 | |
| Q1 2025 | $17.35B | 104 | May 12, 2025 | |
| Q4 2024 | $17.21B | 100 | Feb 7, 2025 | |
| Q3 2024 | $17.83B | 102 | Nov 8, 2024 | |
| Q2 2024 | $17.22B | 102 | Aug 7, 2024 |