Q3 2025 · 13F-HR
DAVIS SELECTED ADVISERSholdings as filed
Filed 2025-11-12 · accession 0001036325-25-000045
$19.15B
Reported value
107
Positions
2025-09-30
Period end
The Brief · DAVIS SELECTED ADVISERS · Q3 2025
AI · grounded in 13F
DAVIS SELECTED ADVISERS established a new position in Capital One Financial Corp. COF valued at $1.78B. The fund also initiated new stakes in Meta Platforms, Inc., Class A META for $1.26B and Applied Materials, Inc. AMAT for $1.14B. Additional new positions include U.S. Bancorp USB at $939.1M and CVS Health Corporation CVS at $859.7M.
Holdings as filed
| CUSIP | Ticker | Issuer | Value | % port. | Shares | Class | Voting |
|---|---|---|---|---|---|---|---|
| 14040H105 | COF | Capital One Financial Corp. | $1.78B | 9.30% | 8,380,117 | Common | SOLE |
| 30303M102 | META | Meta Platforms, Inc., Class A | $1.26B | 6.58% | 1,715,514 | Common | SOLE |
| 038222105 | AMAT | Applied Materials, Inc. | $1.14B | 5.94% | 5,553,992 | Common | SOLE |
| 902973304 | USB | U.S. Bancorp | $939.1M | 4.90% | 19,431,562 | Common | SOLE |
| 126650100 | CVS | CVS Health Corporation | $859.7M | 4.49% | 11,403,641 | Common | SOLE |
| 552953101 | MGM | MGM Resorts International | $830.2M | 4.33% | 23,953,452 | Common | SOLE |
| 084670108 | BRK/A | Berkshire Hathaway Inc., Class A | $752.7M | 3.93% | 998 | Common | SOLE |
| 570535104 | MKL | Markel Group, Inc | $713.9M | 3.73% | 373,528 | Common | SOLE |
| 023135106 | AMZN | Amazon.com, Inc. | $689.0M | 3.60% | 3,137,986 | Common | SOLE |
| 92556V106 | VTRS | Viatris Inc. | $686.5M | 3.58% | 69,345,645 | Common | SOLE |
| 02079K305 | GOOGL | Alphabet Inc., Class A | $673.5M | 3.52% | 2,770,594 | Common | SOLE |
| 949746101 | WMT2 | Wells Fargo & Co. | $652.6M | 3.41% | 7,786,052 | Common | SOLE |
| 902494103 | TSN | Tyson Foods Inc | $540.9M | 2.82% | 9,962,127 | Common | SOLE |
| 878742204 | TECK | Teck Resources Ltd., Class B | $483.8M | 2.53% | 11,023,662 | Common | SOLE |
| 127097103 | CTRA | Coterra Energy, Inc. | $470.2M | 2.46% | 19,883,481 | Common | SOLE |
| 882508104 | TXN | Texas Instruments, Inc. | $425.8M | 2.22% | 2,317,408 | Common | SOLE |
| 83444M101 | SOLV | Solventum Corp. | $402.8M | 2.10% | 5,517,611 | Common | SOLE |
| 91324P102 | UNH | UnitedHealth Group Inc. | $393.4M | 2.05% | 1,139,303 | Common | SOLE |
| 89677Q107 | TCOM | Trip.com Group Ltd., ADR | $371.6M | 1.94% | 4,941,445 | Common | SOLE |
| H1467J104 | CB | Chubb Ltd. | $302.1M | 1.58% | 1,070,445 | Common | SOLE |
| 084670702 | BRK/B | Berkshire Hathaway Inc., Class B | $268.4M | 1.40% | 533,948 | Common | SOLE |
| 74834L100 | DGX | Quest Diagnostics Inc. | $259.5M | 1.35% | 1,361,612 | Common | SOLE |
| 72352L106 | PINS | Pinterest, Inc., Class A | $253.9M | 1.33% | 7,892,057 | Common | SOLE |
| 690742101 | OC | Owens Corning | $251.4M | 1.31% | 1,777,367 | Common | SOLE |
| 76131D103 | QSR | Restaurant Brands International, Inc. | $227.2M | 1.19% | 3,542,388 | Common | SOLE |
| 35969L108 | YMM | Full Truck Alliance Co. Ltd., ADR | $194.3M | 1.01% | 14,981,773 | Common | SOLE |
| 001084102 | AGCO | AGCO Corporation | $194.1M | 1.01% | 1,812,922 | Common | SOLE |
| 125523100 | CI | Cigna Group | $189.2M | 0.99% | 656,318 | Common | SOLE |
| 46625H100 | JPM | JPMorgan Chase & Co. | $187.9M | 0.98% | 595,626 | Common | SOLE |
| 23908L207 | DUSA | Davis Select U.S. Equity ETF | $162.1M | 0.85% | 3,383,338 | Common | SOLE |
| 03831W108 | APP | AppLovin Corp., Class A | $160.6M | 0.84% | 223,574 | Common | SOLE |
| 02079K107 | GOOG | Alphabet Inc., Class C | $157.3M | 0.82% | 646,051 | Common | SOLE |
| 20825C104 | COP | ConocoPhillips | $151.3M | 0.79% | 1,599,311 | Common | SOLE |
| 316773100 | FITB | Fifth Third Bancorp | $118.9M | 0.62% | 2,668,869 | Common | SOLE |
| 064058100 | BK | Bank of New York Mellon Corp. | $110.1M | 0.57% | 1,010,681 | Common | SOLE |
| 23908L405 | DINT | Davis Select International ETF | $108.8M | 0.57% | 3,890,080 | Common | SOLE |
| 693475105 | PNC | PNC Financial Services Group, Inc. | $100.8M | 0.53% | 501,817 | Common | SOLE |
| 444859102 | HUM | Humana Inc. | $100.3M | 0.52% | 385,539 | Common | SOLE |
| 23908L108 | DFNL | Davis Select Financial ETF | $96.3M | 0.50% | 2,129,860 | Common | SOLE |
| 64110W102 | NTES | NetEase Inc. - ADR | $90.4M | 0.47% | 594,740 | Common | SOLE |
| 23908L306 | DWLD | Davis Select Worldwide ETF | $86.7M | 0.45% | 1,916,287 | Common | SOLE |
| 025816109 | AXP | American Express Co. | $82.4M | 0.43% | 247,940 | Common | SOLE |
| 81141R100 | SE | Sea Ltd., Class A, ADR | $78.7M | 0.41% | 440,594 | Common | SOLE |
| 44891N208 | IAC | IAC Inc. | $76.4M | 0.40% | 2,243,689 | Common | SOLE |
| 237266101 | DAR | Darling Ingredients Inc. | $75.8M | 0.40% | 2,453,940 | Common | SOLE |
| 95082P105 | WCC | Wesco International, Inc. | $61.9M | 0.32% | 292,570 | Common | SOLE |
| 77311W101 | RKT | Rocket Companies, Inc., Class A | $60.7M | 0.32% | 3,134,234 | Common | SOLE |
| 540424108 | L | Loews Corp. | $59.8M | 0.31% | 595,697 | Common | SOLE |
| 060505104 | BAC | Bank of America Corp. | $59.4M | 0.31% | 1,150,589 | Common | SOLE |
| 16935C109 | CHYM | Chime Financial, Inc. | $48.4M | 0.25% | 2,399,166 | Common | SOLE |
| G0772R208 | NTB | Bank of N.T. Butterfield & Son Limited | $45.4M | 0.24% | 1,058,793 | Common | SOLE |
| G7496G103 | RNR | RenaissanceRe Holdings Ltd | $36.3M | 0.19% | 143,145 | Common | SOLE |
| 482497104 | BEKE | KE Holdings Inc., Class A, ADR | $35.2M | 0.18% | 1,851,804 | Common | SOLE |
| 91912E105 | VALE | Vale S.A., ADR | $31.8M | 0.17% | 2,931,198 | Common | SOLE |
| 808513105 | SCHW | Charles Schwab Corp. | $28.3M | 0.15% | 296,441 | Common | SOLE |
| 594918104 | MSFT | Microsoft Corp. | $27.1M | 0.14% | 52,306 | Common | SOLE |
| 74340W103 | PLD | Prologis, Inc. | $22.7M | 0.12% | 198,166 | Common | NONE |
| G51502105 | JCI | Johnson Controls International plc | $20.5M | 0.11% | 186,004 | Common | SOLE |
| 68389X105 | ORCL | Oracle Corporation | $18.9M | 0.10% | 67,052 | Common | SOLE |
| 101121101 | BXP | BXP, Inc. | $17.8M | 0.09% | 239,760 | Common | SOLE |
| 29444U700 | EQIX | Equinix, Inc. | $17.1M | 0.09% | 21,803 | Common | NONE |
| 67066G104 | NVDA | NVIDIA Corp. | $16.8M | 0.09% | 89,795 | Common | SOLE |
| 76169C100 | REXR | Rexford Industrial Realty, Inc. | $16.2M | 0.08% | 395,150 | Common | SOLE |
| 11120U105 | BRX | Brixmor Property Group, Inc. | $15.8M | 0.08% | 570,000 | Common | SOLE |
| 00183L201 | ANGI | ANGI Inc., Class A | $15.4M | 0.08% | 949,006 | Common | SOLE |
| 015271109 | ARE | Alexandria Real Estate Equities, Inc. | $15.0M | 0.08% | 180,157 | Common | NONE |
| 222795502 | CUZ | Cousins Properties, Inc. | $14.8M | 0.08% | 512,355 | Common | SOLE |
| 828806109 | SPG | Simon Property Group, Inc. | $14.4M | 0.08% | 76,733 | Common | NONE |
| 253868103 | DLR | Digital Realty Trust, Inc. | $14.1M | 0.07% | 81,280 | Common | NONE |
| G3223R108 | EG | Everest Group, Ltd. | $13.8M | 0.07% | 39,428 | Common | SOLE |
| 74460D109 | PSA | Public Storage, Inc. | $12.9M | 0.07% | 44,610 | Common | NONE |
| 053484101 | AVB | AvalonBay Communities, Inc. | $12.9M | 0.07% | 66,580 | Common | NONE |
| 03027X100 | AMT | American Tower Corp | $12.6M | 0.07% | 65,670 | Common | SOLE |
| 803054204 | SAP | SAP SE - ADR | $12.5M | 0.07% | 46,787 | Common | SOLE |
| 867892101 | SHO | Sunstone Hotel Investors, Inc. | $12.3M | 0.06% | 1,311,800 | Common | SOLE |
| 857477103 | STT | State Street Corp. | $12.0M | 0.06% | 103,785 | Common | SOLE |
| 47215P106 | JD | JD.com Inc., Class A, ADR | $12.0M | 0.06% | 341,711 | Common | SOLE |
| 65487X102 | NOAH | Noah Holdings Ltd., Class A, ADS | $11.8M | 0.06% | 1,021,585 | Common | SOLE |
| 758849103 | REG | Regency Centers Corporation | $10.2M | 0.05% | 140,110 | Common | NONE |
| 55261F104 | MTB | M & T Bank Corp | $10.1M | 0.05% | 51,027 | Common | SOLE |
| 133131102 | CPT | Camden Property Trust | $9.5M | 0.05% | 89,120 | Common | SOLE |
| 02665T306 | AMH | American Homes 4 Rent - Class A | $9.5M | 0.05% | 285,600 | Common | SOLE |
| 277276101 | EGP | Eastgroup Properties, Inc. | $9.0M | 0.05% | 52,940 | Common | NONE |
| 22002T108 | CDP | COPT Defense Properties | $8.8M | 0.05% | 302,120 | Common | NONE |
| 42250P103 | DOC | Healthpeak Properties, Inc. | $8.6M | 0.04% | 446,866 | Common | NONE |
| 59522J103 | MAA | Mid-America Apartment Communities, Inc. | $8.5M | 0.04% | 60,860 | Common | NONE |
| 92276F100 | VTR | Ventas, Inc. | $8.2M | 0.04% | 117,330 | Common | NONE |
| 30225T102 | EXR | Extra Space Storage, Inc. | $7.8M | 0.04% | 55,055 | Common | SOLE |
| 925652109 | VICI | VICI Properties, Inc. | $7.2M | 0.04% | 221,610 | Common | NONE |
| 89832Q109 | TFC | Truist Financial Corp. | $7.2M | 0.04% | 156,437 | Common | SOLE |
| 29476L107 | EQR | Equity Residential | $6.9M | 0.04% | 107,215 | Common | SOLE |
| 902653104 | UDR | UDR, Inc. | $6.9M | 0.04% | 186,190 | Common | NONE |
| 88146M101 | TRNO | Terreno Realty Corp. | $6.9M | 0.04% | 120,907 | Common | NONE |
| 444097109 | — | Hudson Pacific Properties Inc. | $6.3M | 0.03% | 2,300,183 | Common | SOLE |
| 64119V303 | NTST | NetSTREIT Corp. | $6.2M | 0.03% | 342,410 | Common | SOLE |
| 756109104 | O | Realty Income Corp. | $5.7M | 0.03% | 93,580 | Common | NONE |
| 866674104 | SUI | Sun Communities, Inc. | $5.7M | 0.03% | 43,950 | Common | SOLE |
| 20369C106 | CHCT | Community Healthcare Trust, Inc. | $5.1M | 0.03% | 333,190 | Common | SOLE |
| 25960P109 | DEI | Douglas Emmett, Inc | $4.9M | 0.03% | 317,600 | Common | SOLE |
| 297178105 | ESS | Essex Property Trust, Inc. | $4.5M | 0.02% | 16,951 | Common | NONE |
| 871607107 | SNPS | Synopsys, Inc. | $4.3M | 0.02% | 8,655 | Common | SOLE |
| 22822V101 | CCI | Crown Castle, Inc. | $4.2M | 0.02% | 43,240 | Common | SOLE |
| 874039100 | TSM | Taiwan Semiconductor Manufacturing, ADR | $2.0M | 0.01% | 7,200 | Common | SOLE |
| 512807306 | LRCX | Lam Research Corp. | $1.6M | 0.01% | 12,280 | Common | SOLE |
| 464287408 | IVE | iShares S&P 500 Value Index Fund | $1.4M | 0.01% | 6,614 | Common | SOLE |
| 228368106 | CCK | Crown Holdings, Inc. | $827,776 | 0.00% | 8,570 | Common | SOLE |
| 74967X103 | RH | RH | $455,078 | 0.00% | 2,240 | Common | SOLE |
Source: SEC EDGAR · raw 13F holdings as filed. The Class column shows the option type when reported (Put/Call) or Common when the issuer's equity is held directly. 13F discloses long positions only.