Davis Capital Management
In its 13F for Q1 2025 (holdings as of March 31, 2025, filed April 11, 2025), Davis Capital Management reported 315 stock positions worth $125.4 million. Its top holding was Schwab US Broad Market ETF (SCHB) at 12.5% of the portfolio, followed by Schwab US DVD Equity ETF (SCHD, 6.5%) and Schwab Intl Equity ETF (SCHF, 4.5%). Compared with Q4 2024, it opened 9 new positions, sold out of 6, added to 59 and reduced 62. The biggest buy was a new position in SLB (SLB) and the biggest sale Starbucks (SBUX, shares −85%).
- Most Recent 13F
- Q2 2026
- Location
- JACKSONVILLE, FL
- CIK
- 0001811806
- Portfolio Value
- $125.4M (Q1 2025)
- SEC Filing
- 0001811806-25-000004 ↗ filed Apr 11, 2025
Holdings Value
Holdings 315 stocks · $125.4M
| SCHB Schwab US Broad Market ETF | 12.47% | 726,436 | $15.6M | Add +5.3% |
| SCHD Schwab US DVD Equity ETF | 6.52% | 292,588 | $8.2M | Reduce -2.0% |
| SCHF Schwab Intl Equity ETF | 4.51% | 285,882 | $5.7M | Add +4.8% |
| SCHA Schwab US Small-Cap ETF | 3.31% | 177,050 | $4.1M | Add +2.9% |
| AAPL Apple Inc. | 2.59% | 14,616 | $3.2M | Add +2.2% |
| VTI VG Morningstar TS MKT ETF-US | 2.52% | 11,489 | $3.2M | Add +0.1% |
| GOOG Alphabet Inc. Class C | 2.15% | 17,255 | $2.7M | Add +2.3% |
| ALL Allstate Corp. | 2.07% | 12,534 | $2.6M | Add +3.1% |
| MSFT Microsoft Corp. | 1.95% | 6,532 | $2.5M | Add +28.7% |
| RSG Republic Services Inc. | 1.95% | 10,110 | $2.4M | Reduce -2.6% |
| V Visa Inc. Class A | 1.89% | 6,754 | $2.4M | Reduce -0.1% |
| BNY Bank of New York Mellon Corp. filed as BANK NEW YORK MELLON CORP | 1.83% | 27,311 | $2.3M | Reduce -7.4% |
| AMZN Amazon.com Inc. | 1.75% | 11,569 | $2.2M | Add +1.7% |
| KO The Coca-Cola Co. | 1.65% | 28,843 | $2.1M | Add +3.2% |
| CSCO Cisco Systems Inc. | 1.60% | 32,478 | $2.0M | Reduce -3.7% |
| SCHH Schwab US REIT ETF | 1.59% | 92,537 | $2.0M | Add +0.3% |
| WMT Walmart Inc. | 1.55% | 22,208 | $1.9M | Reduce -4.9% |
| UNP Union Pacific Corp. | 1.55% | 8,222 | $1.9M | Add +5.0% |
| G Genpact Ltd. | 1.53% | 38,051 | $1.9M | Reduce -7.5% |
| AMGN Amgen Inc. | 1.53% | 6,145 | $1.9M | Add +3.6% |
| JNJ Johnson & Johnson | 1.39% | 10,542 | $1.7M | Add +0.7% |
| AN Autonation Inc. | 1.24% | 9,570 | $1.5M | Reduce -1.4% |
| CMCSA Comcast Corp. Class A | 1.21% | 41,081 | $1.5M | Add +3.2% |
| BRK.B Berkshire Hathaway Inc. Class B | 1.18% | 2,778 | $1.5M | Reduce -2.4% |
| KMI Kinder Morgan Inc. | 1.17% | 51,536 | $1.5M | Reduce -7.8% |
| COST Costco Wholesale Corp. | 1.11% | 1,469 | $1.4M | Reduce -0.2% |
| ADBE Adobe Inc. | 1.09% | 3,567 | $1.4M | Add +23.0% |
| SPY SS SPDR S&P 500 ETF Trust-US | 1.03% | 2,307 | $1.3M | Add +0.7% |
| VOYA Voya Financial Inc. | 1.00% | 18,584 | $1.3M | Reduce -0.1% |
| ETN Eaton Corp. PLC | 1.00% | 4,606 | $1.3M | No change |
| NXST Nexstar Media Group Inc. | 0.96% | 6,714 | $1.2M | Add +7.1% |
| ORCL Oracle Corp. | 0.94% | 8,431 | $1.2M | No change |
| CSGP Costar Group Inc. | 0.91% | 14,437 | $1.1M | Add +7.3% |
| ABBV Abbvie Inc. | 0.90% | 5,382 | $1.1M | Reduce -2.0% |
| EVRG Evergy Inc. | 0.90% | 16,340 | $1.1M | Add +47.9% |
| PG The Procter & Gamble Co. | 0.90% | 6,589 | $1.1M | Reduce -0.3% |
| CNC Centene Corp. | 0.89% | 18,448 | $1.1M | Add +7.4% |
| CHKP Check Point Software Tech | 0.82% | 4,498 | $1.0M | Add +13.2% |
| RIO Rio Tinto PLC-Spon ADR | 0.82% | 17,031 | $1.0M | Add +14.9% |
| SLB SLB Ltd. filed as SCHLUMBERGER LTD | 0.74% | 22,345 | $934K | New |
| FDX FedEx Corp. | 0.70% | 3,599 | $877K | Add +12.4% |
| LMT Lockheed Martin Corp. | 0.70% | 1,958 | $875K | Add +7.9% |
| SO The Southern Co. | 0.68% | 9,316 | $857K | Reduce -23.6% |
| VEU Vanguard Ftse All-World Ex-U | 0.68% | 14,108 | $856K | Reduce -0.3% |
| MDLZ Mondelez International Inc. Class A | 0.68% | 12,609 | $856K | Add +10.9% |
| ITW Illinois Tool Works | 0.67% | 3,387 | $840K | Add +354.0% |
| KVUE Kenvue Inc. | 0.67% | 35,022 | $840K | Add +6.5% |
| NICE Nice Ltd. - Spon ADR | 0.67% | 5,429 | $837K | Add +9.3% |
| MO Altria Group Inc. | 0.66% | 13,843 | $831K | Add +0.5% |
| SSNC Ss&c Technologies Holdings | 0.62% | 9,243 | $772K | Add +8.3% |
| AKAM Akamai Technologies Inc. | 0.58% | 9,108 | $733K | Add +15.8% |
| DOW Dow Inc. | 0.55% | 19,754 | $690K | Reduce -43.7% |
| LOW Lowe's Cos Inc. | 0.54% | 2,911 | $679K | Add +8.8% |
| GD General Dynamics Corp. | 0.54% | 2,485 | $677K | Add +17.2% |
| INFY Infosys Ltd.-SP ADR | 0.54% | 37,083 | $677K | Reduce -0.9% |
| FNF Fidelity National Financial | 0.53% | 10,238 | $666K | Reduce -2.0% |
| MDT Medtronic PLC | 0.51% | 7,117 | $640K | Add +20.8% |
| HRL Hormel Foods Corp. | 0.50% | 20,313 | $628K | Add +8.9% |
| ECL Ecolab Inc. | 0.44% | 2,200 | $558K | No change |
| SCHG Schwab US Large-Cap Growth | 0.44% | 22,038 | $552K | Add +148.6% |
| UNH Unitedhealth Group Inc. | 0.43% | 1,035 | $542K | Reduce -5.4% |
| NVDA Nvidia Corp. | 0.41% | 4,774 | $517K | Reduce -7.3% |
| NET Cloudflare Inc. Class A | 0.39% | 4,350 | $490K | No change |
| IVV iShares Core S&P 500 ETF | 0.39% | 866 | $487K | Add +2.9% |
| DHR Danaher Corp. | 0.38% | 2,338 | $479K | Reduce -4.1% |
| QQQ Invesco QQQ Trust Series 1 | 0.37% | 990 | $464K | Reduce -0.6% |
| CVX Chevron Corp. | 0.29% | 2,207 | $369K | Add +81.3% |
| BSMQ Invesco Bulletshares 2026 MB | 0.28% | 14,767 | $349K | No change |
| CBOE Cboe Global Markets Inc. | 0.27% | 1,516 | $343K | Reduce -4.0% |
| GOOGL Alphabet Inc. Class A | 0.24% | 1,920 | $297K | Reduce -0.4% |
| EMN Eastman Chemical Co. | 0.23% | 3,301 | $291K | Reduce -0.6% |
| VNQ Vanguard Real Estate ETF | 0.21% | 2,870 | $260K | No change |
| CSX CSX Corp. | 0.20% | 8,637 | $254K | No change |
| BSCS Invesco Bulletshares 2028 CB | 0.20% | 12,322 | $251K | Reduce -1.9% |
| BSCW Invesco Bulletshares 2032 CB | 0.19% | 11,987 | $244K | Add +4.4% |
| HD Home Depot Inc. | 0.18% | 603 | $221K | Reduce -0.7% |
| TROW T Rowe Price Group Inc. filed as PRICE T ROWE GROUP INC | 0.17% | 2,357 | $217K | Add +101.5% |
| BSCU Invesco Bulletshares 2030 CB | 0.16% | 12,196 | $202K | Add +0.1% |
| CCL Carnival Corp. | 0.15% | 9,675 | $189K | No change |
| VGT Vanguard Info Tech ETF | 0.15% | 345 | $187K | No change |
| TGT Target Corp. | 0.14% | 1,734 | $181K | New |
| BSMP Invesco Bulletshares 2025 MB | 0.14% | 7,113 | $174K | Reduce -61.6% |
| SBUX Starbucks Corp. | 0.13% | 1,671 | $164K | Reduce -85.3% |
| SCHZ Schwab US Aggregate Bond ETF | 0.13% | 6,771 | $157K | Add +5.4% |
| XLK SS Technology Select Sector | 0.12% | 748 | $154K | Reduce -9.0% |
| MCK McKesson Corp. | 0.12% | 222 | $149K | Reduce -10.5% |
| AFL Aflac Inc. | 0.11% | 1,257 | $140K | No change |
| JPM JPMorgan Chase & Co. | 0.10% | 530 | $130K | Reduce -4.5% |
| SCHM Schwab US Mid Cap ETF | 0.10% | 4,845 | $127K | No change |
| XLY SS Consumer Disc Select Sect | 0.10% | 634 | $125K | Reduce -27.0% |
| BSCT Invesco Bulletshares 2029 CB | 0.10% | 6,649 | $123K | Add +1.8% |
| BX Blackstone Inc. | 0.10% | 881 | $123K | Add +0.2% |
| IWF iShares Russell 1000 Growth | 0.09% | 327 | $118K | No change |
| NEE Nextera Energy Inc. | 0.09% | 1,599 | $113K | No change |
| SCHW Schwab (charles) Corp. | 0.09% | 1,408 | $110K | No change |
| PM Philip Morris International | 0.09% | 677 | $107K | Reduce -3.7% |
| IYJ iShares U.S. Industrials ETF | 0.09% | 821 | $107K | Reduce -29.7% |
| VHT Vanguard Health Care ETF | 0.08% | 401 | $106K | Reduce -3.8% |
| DVY iShares Select Dividend ETF | 0.08% | 790 | $106K | Add +3.0% |
| EFA iShares MSCI Eafe ETF | 0.08% | 1,293 | $106K | No change |
Lines left out (2) · $127 — a value with no share or principal amount
Filed with a value but no share or principal amount (a cash line, a holding rounded to 0 shares), so they are kept out of the holdings, totals and percentages.
Total filed on the 13F, all lines: $125.4M.
Portfolio Sells Q4 2024 → Q1 2025
| SBUX Starbucks Corp. | Reduce -85.3% | 0.13% | −0.71 |
| DOW Dow Inc. | Reduce -43.7% | 0.55% | −0.60 |
| BSMP Invesco Bulletshares 2025 MB | Reduce -61.6% | 0.14% | −0.23 |
| MRK Merck & Co. Inc. | Reduce -86.6% | 0.02% | −0.16 |
| WMT Walmart Inc. | Reduce -4.9% | 1.55% | −0.16 |
| NVDA Nvidia Corp. | Reduce -7.3% | 0.41% | −0.15 |
| SO The Southern Co. | Reduce -23.6% | 0.68% | −0.14 |
| INFY Infosys Ltd.-SP ADR | Reduce -0.9% | 0.54% | −0.13 |
| SCHD Schwab US DVD Equity ETF | Reduce -2.0% | 6.52% | −0.13 |
| AN Autonation Inc. | Reduce -1.4% | 1.24% | −0.11 |
| BSCP Invesco Bulletshares 2025 CB | Reduce -71.7% | 0.03% | −0.09 |
| KMI Kinder Morgan Inc. | Reduce -7.8% | 1.17% | −0.08 |
| DHR Danaher Corp. | Reduce -4.1% | 0.38% | −0.07 |
| GOOGL Alphabet Inc. Class A | Reduce -0.4% | 0.24% | −0.06 |
| XLY SS Consumer Disc Select Sect | Reduce -27.0% | 0.10% | −0.06 |
| GS Goldman Sachs Group Inc. | Sold out | 0.00% | −0.05 |
| QQQ Invesco QQQ Trust Series 1 | Reduce -0.6% | 0.37% | −0.04 |
| IYJ iShares U.S. Industrials ETF | Reduce -29.7% | 0.09% | −0.04 |
| VOYA Voya Financial Inc. | Reduce -0.1% | 1.00% | −0.04 |
| XLK SS Technology Select Sector | Reduce -9.0% | 0.12% | −0.03 |
| CSCO Cisco Systems Inc. | Reduce -3.7% | 1.60% | −0.03 |
| MU Micron Technology Inc. | Sold out | 0.00% | −0.02 |
| BNY Bank of New York Mellon Corp. | Reduce -7.4% | 1.83% | −0.02 |
| UNH Unitedhealth Group Inc. | Reduce -5.4% | 0.43% | −0.02 |
| HD Home Depot Inc. | Reduce -0.7% | 0.18% | −0.02 |
| EMN Eastman Chemical Co. | Reduce -0.6% | 0.23% | −0.02 |
| PEP Pepsico Inc. | Reduce -19.6% | 0.05% | −0.01 |
| COP Conocophillips | Reduce -26.1% | 0.04% | −0.01 |
| VCR Vanguard Consumer Discre ETF | Reduce -5.3% | 0.05% | −0.01 |
| DIS The Walt Disney Co. | Reduce -70.7% | 0.00% | −0.01 |
| IYW iShares Ustechnology ETF | Reduce -3.6% | 0.04% | −0.01 |
| IYE iShares U.S. Energy ETF | Sold out | 0.00% | −0.01 |
| SCHO Schwab Short-Term US Treas | Reduce -20.0% | 0.03% | −0.01 |
| WRB WR Berkley Corp. | Reduce -29.5% | 0.04% | −0.01 |
| PG The Procter & Gamble Co. | Reduce -0.3% | 0.90% | −0.01 |
| SMH Vaneck Semiconductor ETF | Reduce -0.9% | 0.04% | −0.01 |
| BSCS Invesco Bulletshares 2028 CB | Reduce -1.9% | 0.20% | −0.01 |
| JPM JPMorgan Chase & Co. | Reduce -4.5% | 0.10% | −0.00 |
| MS Morgan Stanley | Reduce -8.2% | 0.02% | −0.00 |
| XLF SS Financial Select Sector | Reduce -8.1% | 0.06% | −0.00 |
| ITOT iShares Core S&P Total U.S. | Reduce -52.2% | 0.00% | −0.00 |
| SANM Sanmina Corp. | Sold out | 0.00% | −0.00 |
| VOX Vanguard Communication Servi | Reduce -11.6% | 0.02% | −0.00 |
| VFH Vanguard Financials ETF | Reduce -3.0% | 0.06% | −0.00 |
| BSCR Invesco Bulletshares 2027 CB | Reduce -8.3% | 0.02% | −0.00 |
| RSP Invesco S&P 500 Equal Weight | Reduce -20.0% | 0.01% | −0.00 |
| BSCQ Invesco Bulletshares 2026 CB | Reduce -0.9% | 0.07% | −0.00 |
| VHT Vanguard Health Care ETF | Reduce -3.8% | 0.08% | −0.00 |
| VCSH Vanguard S/T Corp. Bond ETF | Reduce -32.6% | 0.00% | −0.00 |
| BSV Vanguard Short-Term Bond ETF | Sold out | 0.00% | −0.00 |
Portfolio Buys Q4 2024 → Q1 2025
| SLB SLB Ltd. | New | 0.74% | +0.74 |
| ITW Illinois Tool Works | Add +354.0% | 0.67% | +0.52 |
| SCHF Schwab Intl Equity ETF | Add +4.8% | 4.51% | +0.40 |
| EVRG Evergy Inc. | Add +47.9% | 0.90% | +0.34 |
| AMGN Amgen Inc. | Add +3.6% | 1.53% | +0.27 |
| SCHG Schwab US Large-Cap Growth | Add +148.6% | 0.44% | +0.24 |
| KO The Coca-Cola Co. | Add +3.2% | 1.65% | +0.23 |
| CHKP Check Point Software Tech | Add +13.2% | 0.82% | +0.21 |
| MSFT Microsoft Corp. | Add +28.7% | 1.95% | +0.21 |
| JNJ Johnson & Johnson | Add +0.7% | 1.39% | +0.16 |
| ALL Allstate Corp. | Add +3.1% | 2.07% | +0.16 |
| NXST Nexstar Media Group Inc. | Add +7.1% | 0.96% | +0.15 |
| CVX Chevron Corp. | Add +81.3% | 0.29% | +0.15 |
| TGT Target Corp. | New | 0.14% | +0.14 |
| MDLZ Mondelez International Inc. Class A | Add +10.9% | 0.68% | +0.13 |
| CSGP Costar Group Inc. | Add +7.3% | 0.91% | +0.13 |
| MDT Medtronic PLC | Add +20.8% | 0.51% | +0.13 |
| RIO Rio Tinto PLC-Spon ADR | Add +14.9% | 0.82% | +0.11 |
| KVUE Kenvue Inc. | Add +6.5% | 0.67% | +0.10 |
| UNP Union Pacific Corp. | Add +5.0% | 1.55% | +0.09 |
| SSNC Ss&c Technologies Holdings | Add +8.3% | 0.62% | +0.09 |
| GD General Dynamics Corp. | Add +17.2% | 0.54% | +0.08 |
| MO Altria Group Inc. | Add +0.5% | 0.66% | +0.08 |
| BSCY Invesco Bulletshares 2034 CB | New | 0.07% | +0.07 |
| TROW T Rowe Price Group Inc. | Add +101.5% | 0.17% | +0.06 |
| CNC Centene Corp. | Add +7.4% | 0.89% | +0.04 |
| ADBE Adobe Inc. | Add +23.0% | 1.09% | +0.04 |
| HRL Hormel Foods Corp. | Add +8.9% | 0.50% | +0.02 |
| BSCX Invesco Bulletshares 2033 CB | Add +166.7% | 0.03% | +0.02 |
| QCOM Qualcomm Inc. | Add +30.9% | 0.07% | +0.02 |
| CAT Caterpillar Inc. | New | 0.01% | +0.01 |
| BSCW Invesco Bulletshares 2032 CB | Add +4.4% | 0.19% | +0.01 |
| SCHZ Schwab US Aggregate Bond ETF | Add +5.4% | 0.13% | +0.01 |
| BA The Boeing Co. | Add +50.0% | 0.02% | +0.01 |
| PLTR Palantir Technologies Inc. Class A | New | 0.01% | +0.01 |
| SCHH Schwab US REIT ETF | Add +0.3% | 1.59% | +0.00 |
| VIG Vanguard Dividend Apprec ETF | Add +11.6% | 0.06% | +0.00 |
| RTX RTX Corp. | New | 0.00% | +0.00 |
| LOW Lowe's Cos Inc. | Add +8.8% | 0.54% | +0.00 |
| DVY iShares Select Dividend ETF | Add +3.0% | 0.08% | +0.00 |
| MCD McDonald's Corp. | Add +0.7% | 0.03% | +0.00 |
| DFUS Dimensional US Eq MKT ETF | Add +62.1% | 0.01% | +0.00 |
| VB Vanguard Most SM-Cap ETF-Usd | Add +32.5% | 0.01% | +0.00 |
| RKT Rocket Cos Inc. Class A | New | 0.00% | +0.00 |
| AMLP Alerian MLP ETF | Add +2.1% | 0.01% | +0.00 |
| BSCT Invesco Bulletshares 2029 CB | Add +1.8% | 0.10% | +0.00 |
| CWB SS SPDR BB Conv Sec ETF | New | 0.00% | +0.00 |
| ARCC Ares Capital Corp. | New | 0.00% | 0.00 |
| JNK SS SPDR BB High Yield Bond | Add +1.0% | 0.01% | −0.00 |
| SPGP Invesco S&P 500 Garp ETF | Add +1.0% | 0.01% | −0.00 |
Notes & Other Activity Q4 2024 → Q1 2025
Bonds, preferreds, convertibles and warrants; not part of the stock holdings or percentages above.
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 1,270 | $168.9M | SCHB, SCHF, SCHD, SCHA, GOOG |
| Q1 2026 | 589 | $147.5M | SCHB, SCHF, SCHD, SCHA, GOOG |
| Q4 2025 | 602 | $145.3M | SCHB, SCHF, SCHD, SCHA, GOOG |
| Q3 2025 | 614 | $144.3M | SCHB, SCHD, SCHF, SCHA, GOOG |
| Q1 2025 | 315 | $125.4M | SCHB, SCHD, SCHF, SCHA, AAPL |
| Q4 2024 | 313 | $122.8M | SCHB, SCHD, SCHF, SCHA, AAPL |
| Q3 2024 | 334 | $126.4M | SCHB, SCHD, SCHF, SCHA, AAPL |
| Q2 2024 | 316 | $115.1M | SCHB, SCHD, SCHF, SCHA, AAPL |
| Q1 2024 | 293 | $112.2M | SCHB, SCHD, SCHF, SCHA, VTI |