Davis Capital Management
In its 13F for Q4 2025 (holdings as of December 31, 2025, filed January 28, 2026), Davis Capital Management reported 602 stock positions worth $145.3 million. Its top holding was Schwab US Broad Market ETF (SCHB) at 14.4% of the portfolio, followed by Schwab Intl Equity ETF (SCHF, 5.3%) and Schwab US DVD Equity ETF (SCHD, 5.2%). Compared with Q3 2025, it opened 47 new positions, sold out of 60, added to 115 and reduced 147. The biggest buy was Agilent Technologies (A, shares +2365%) and the biggest sale Comcast Class A (CMCSA, shares −94%).
- Most Recent 13F
- Q2 2026
- Location
- JACKSONVILLE, FL
- CIK
- 0001811806
- Portfolio Value
- $145.3M (Q4 2025)
- SEC Filing
- 0001811806-26-000001 ↗ filed Jan 28, 2026
Holdings Value
Holdings 602 stocks · $145.3M
| SCHB Schwab US Broad Market ETF | 14.44% | 800,037 | $21.0M | Add +1.6% |
| SCHF Schwab Intl Equity ETF | 5.31% | 320,833 | $7.7M | Add +3.2% |
| SCHD Schwab US DVD Equity ETF | 5.22% | 276,544 | $7.6M | Reduce -2.7% |
| SCHA Schwab US Small-Cap ETF | 3.70% | 188,586 | $5.4M | Add +2.0% |
| GOOG Alphabet Inc. Class C | 3.59% | 16,617 | $5.2M | Reduce -4.8% |
| AAPL Apple Inc. | 2.84% | 15,189 | $4.1M | Reduce -2.4% |
| VTI VG Morningstar TS MKT ETF-US | 2.64% | 11,434 | $3.8M | Add +0.2% |
| MSFT Microsoft Corp. | 2.25% | 6,749 | $3.3M | Reduce -0.0% |
| AMZN Amazon.com Inc. | 2.02% | 12,716 | $2.9M | Add +4.6% |
| BNY Bank of New York Mellon Corp. filed as BANK NEW YORK MELLON CORP | 1.90% | 23,730 | $2.8M | Reduce -3.1% |
| ALL Allstate Corp. | 1.84% | 12,852 | $2.7M | Reduce -0.3% |
| CSCO Cisco Systems Inc. | 1.67% | 31,544 | $2.4M | Reduce -2.9% |
| V Visa Inc. Class A | 1.67% | 6,912 | $2.4M | Reduce -0.4% |
| WMT Walmart Inc. | 1.67% | 21,721 | $2.4M | Reduce -0.3% |
| RSG Republic Services Inc. | 1.58% | 10,818 | $2.3M | Add +10.8% |
| JNJ Johnson & Johnson | 1.51% | 10,569 | $2.2M | Reduce -3.2% |
| UNP Union Pacific Corp. | 1.47% | 9,237 | $2.1M | Add +4.7% |
| AMGN Amgen Inc. | 1.47% | 6,520 | $2.1M | Reduce -0.1% |
| KO The Coca-Cola Co. | 1.44% | 29,933 | $2.1M | Add +0.0% |
| SCHH Schwab US REIT ETF | 1.37% | 95,340 | $2.0M | Reduce -0.2% |
| G Genpact Ltd. | 1.30% | 40,434 | $1.9M | Add +1.6% |
| AN Autonation Inc. | 1.29% | 9,082 | $1.9M | Reduce -1.9% |
| SCHG Schwab US Large-Cap Growth | 1.24% | 55,174 | $1.8M | Add +19.6% |
| RIO Rio Tinto PLC-Spon ADR | 1.16% | 21,037 | $1.7M | Add +0.5% |
| ORCL Oracle Corp. | 1.14% | 8,479 | $1.7M | No change |
| SPY SS SPDR S&P 500 ETF Trust-US | 1.08% | 2,304 | $1.6M | No change |
| VOYA Voya Financial Inc. | 1.00% | 19,601 | $1.5M | Reduce -1.2% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.96% | 2,767 | $1.4M | Reduce -0.1% |
| MDT Medtronic PLC | 0.96% | 14,474 | $1.4M | Add +9.6% |
| ETN Eaton Corp. PLC | 0.94% | 4,309 | $1.4M | No change |
| ITW Illinois Tool Works | 0.93% | 5,463 | $1.3M | Add +22.6% |
| KMI Kinder Morgan Inc. | 0.92% | 48,616 | $1.3M | Reduce -3.5% |
| EVRG Evergy Inc. | 0.90% | 18,095 | $1.3M | Reduce -0.3% |
| QCOM Qualcomm Inc. | 0.90% | 7,631 | $1.3M | Add +41.7% |
| COST Costco Wholesale Corp. | 0.87% | 1,460 | $1.3M | Reduce -1.1% |
| ABBV Abbvie Inc. | 0.84% | 5,348 | $1.2M | Reduce -0.5% |
| FDX FedEx Corp. | 0.82% | 4,119 | $1.2M | Reduce -0.9% |
| SSNC Ss&c Technologies Holdings | 0.78% | 12,941 | $1.1M | Add +8.0% |
| AKAM Akamai Technologies Inc. | 0.78% | 12,907 | $1.1M | Add +0.5% |
| LMT Lockheed Martin Corp. | 0.75% | 2,258 | $1.1M | Add +2.0% |
| VEU Vanguard Ftse All-World Ex-U | 0.72% | 14,247 | $1.0M | Add +1.2% |
| CHKP Check Point Software Tech | 0.71% | 5,564 | $1.0M | Reduce -9.8% |
| LOW Lowe's Cos Inc. | 0.69% | 4,143 | $999K | Add +21.4% |
| GD General Dynamics Corp. | 0.68% | 2,920 | $983K | Reduce -1.1% |
| MDLZ Mondelez International Inc. Class A | 0.65% | 17,556 | $945K | Add +21.8% |
| CSGP Costar Group Inc. | 0.63% | 13,694 | $921K | Reduce -4.1% |
| PG The Procter & Gamble Co. | 0.63% | 6,387 | $915K | Reduce -1.0% |
| NVDA Nvidia Corp. | 0.59% | 4,561 | $851K | Add +0.6% |
| SLB SLB Ltd. filed as SLB LIMITED | 0.57% | 21,748 | $835K | Add +3.8% |
| NET Cloudflare Inc. Class A | 0.55% | 4,052 | $799K | Reduce -6.9% |
| SO The Southern Co. | 0.55% | 9,140 | $797K | Reduce -1.3% |
| CVX Chevron Corp. | 0.54% | 5,104 | $778K | Add +34.1% |
| MO Altria Group Inc. | 0.53% | 13,397 | $772K | Add +0.1% |
| A Agilent Technologies Inc. | 0.50% | 5,325 | $725K | Add +2365.3% |
| GOOGL Alphabet Inc. Class A | 0.43% | 2,009 | $629K | Reduce -2.5% |
| FNF Fidelity National Financial | 0.41% | 10,999 | $600K | Reduce -5.1% |
| QQQ Invesco QQQ Trust Series 1 | 0.41% | 976 | $600K | Reduce -0.2% |
| IVV iShares Core S&P 500 ETF | 0.41% | 863 | $591K | Reduce -0.5% |
| INFY Infosys Ltd.-SP ADR | 0.40% | 32,378 | $577K | Reduce -12.7% |
| ECL Ecolab Inc. | 0.40% | 2,191 | $575K | Reduce -0.6% |
| TGT Target Corp. | 0.39% | 5,774 | $564K | Add +26.8% |
| DHR Danaher Corp. | 0.36% | 2,275 | $521K | Add +0.1% |
| PYPL PayPal Holdings Inc. | 0.30% | 7,395 | $432K | Add +7767.0% |
| TROW T Rowe Price Group Inc. filed as PRICE T ROWE GROUP INC | 0.25% | 3,580 | $367K | Add +9.1% |
| CBOE Cboe Global Markets Inc. | 0.23% | 1,343 | $337K | Reduce -4.0% |
| ADBE Adobe Inc. | 0.22% | 909 | $318K | Reduce -77.3% |
| AVGO Broadcom Inc. | 0.22% | 914 | $316K | Add +0.8% |
| CSX CSX Corp. | 0.22% | 8,649 | $314K | Add +0.1% |
| CCL Carnival Corp. | 0.20% | 9,684 | $296K | Reduce -0.0% |
| CLX Clorox Company | 0.18% | 2,527 | $255K | Add +748.0% |
| VNQ Vanguard Real Estate ETF | 0.17% | 2,799 | $248K | Reduce -0.5% |
| BSCS Invesco Bulletshares 2028 CB | 0.17% | 11,833 | $244K | Add +1.9% |
| BSCW Invesco Bulletshares 2032 CB | 0.17% | 11,602 | $242K | Add +1.0% |
| VGT Vanguard Info Tech ETF | 0.15% | 287 | $216K | Reduce -13.8% |
| BSCU Invesco Bulletshares 2030 CB | 0.14% | 12,267 | $208K | Add +0.5% |
| HD Home Depot Inc. | 0.14% | 598 | $206K | Reduce -0.2% |
| XLK SS Technology Select Sector | 0.14% | 1,395 | $201K | Reduce -6.1% |
| BSMQ Invesco Bulletshares 2026 MB | 0.14% | 8,302 | $196K | Reduce -24.9% |
| VUG Vanguard Mrngstar GR ETF-Sui | 0.13% | 391 | $191K | Add +19.9% |
| APH Amphenol Corp. Class A | 0.13% | 1,393 | $188K | No change |
| KVUE Kenvue Inc. | 0.13% | 10,839 | $187K | Reduce -72.8% |
| VOO Vanguard S&P 500 ETF | 0.13% | 293 | $184K | Add +11.4% |
| MCK McKesson Corp. | 0.13% | 223 | $183K | No change |
| IWF iShares Russell 1000 Growth | 0.12% | 379 | $179K | No change |
| UNH Unitedhealth Group Inc. | 0.12% | 529 | $175K | Reduce -49.4% |
| STT State Street Corp. | 0.11% | 1,286 | $166K | Add +42766.7% |
| JPM JPMorgan Chase & Co. | 0.11% | 494 | $159K | No change |
| SCHZ Schwab US Aggregate Bond ETF | 0.10% | 6,526 | $153K | Add +1.1% |
| NICE Nice Ltd. - Spon ADR | 0.10% | 1,331 | $150K | Reduce -78.2% |
| XLY SS Consumer Disc Select Sect | 0.10% | 1,230 | $147K | No change |
| SCHM Schwab US Mid Cap ETF | 0.10% | 4,854 | $146K | Add +0.2% |
| BX Blackstone Inc. | 0.09% | 887 | $137K | Add +0.3% |
| AFL Aflac Inc. | 0.09% | 1,216 | $134K | Reduce -3.9% |
| NEE Nextera Energy Inc. | 0.09% | 1,618 | $130K | No change |
| BSCY Invesco Bulletshares 2034 CB | 0.09% | 5,951 | $125K | Reduce -5.0% |
| EFA iShares MSCI Eafe ETF | 0.09% | 1,293 | $124K | No change |
| IYJ iShares U.S. Industrials ETF | 0.08% | 821 | $122K | No change |
| DIA SS SPDR Dow Jones Indus Avg filed as SPDR DOW JONES INDL AVERAGE | 0.08% | 246 | $118K | No change |
| XOM Exxon Mobil Corp. | 0.08% | 981 | $118K | Add +1.9% |
| SCHW Schwab (charles) Corp. | 0.08% | 1,148 | $115K | Reduce -5.0% |
Lines left out (1) · $61 — a value with no share or principal amount
| Security | Class | Shares | Value |
|---|---|---|---|
| AZO AutoZone Inc. | COM | 0 | $61 |
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: $145.3M.
Portfolio Sells Q3 2025 → Q4 2025
| CMCSA Comcast Corp. Class A | Reduce -93.7% | 0.06% | −0.88 |
| ADBE Adobe Inc. | Reduce -77.3% | 0.22% | −0.76 |
| NICE Nice Ltd. - Spon ADR | Reduce -78.2% | 0.10% | −0.51 |
| KVUE Kenvue Inc. | Reduce -72.8% | 0.13% | −0.32 |
| NXST Nexstar Media Group Inc. | Reduce -91.5% | 0.02% | −0.21 |
| CSGP Costar Group Inc. | Reduce -4.1% | 0.63% | −0.20 |
| MSFT Microsoft Corp. | Reduce -0.0% | 2.25% | −0.18 |
| CHKP Check Point Software Tech | Reduce -9.8% | 0.71% | −0.17 |
| HRL Hormel Foods Corp. | Reduce -97.9% | 0.00% | −0.16 |
| SCHD Schwab US DVD Equity ETF | Reduce -2.7% | 5.22% | −0.16 |
| EMN Eastman Chemical Co. | Reduce -91.4% | 0.01% | −0.13 |
| UNH Unitedhealth Group Inc. | Reduce -49.4% | 0.12% | −0.13 |
| AN Autonation Inc. | Reduce -1.9% | 1.29% | −0.11 |
| NET Cloudflare Inc. Class A | Reduce -6.9% | 0.55% | −0.10 |
| COST Costco Wholesale Corp. | Reduce -1.1% | 0.87% | −0.08 |
| ALL Allstate Corp. | Reduce -0.3% | 1.84% | −0.08 |
| FNF Fidelity National Financial | Reduce -5.1% | 0.41% | −0.07 |
| KMI Kinder Morgan Inc. | Reduce -3.5% | 0.92% | −0.07 |
| SO The Southern Co. | Reduce -1.3% | 0.55% | −0.06 |
| PG The Procter & Gamble Co. | Reduce -1.0% | 0.63% | −0.06 |
| SCHH Schwab US REIT ETF | Reduce -0.2% | 1.37% | −0.06 |
| EVRG Evergy Inc. | Reduce -0.3% | 0.90% | −0.05 |
| BSMQ Invesco Bulletshares 2026 MB | Reduce -24.9% | 0.14% | −0.05 |
| HD Home Depot Inc. | Reduce -0.2% | 0.14% | −0.03 |
| SBUX Starbucks Corp. | Reduce -54.5% | 0.02% | −0.03 |
| VOYA Voya Financial Inc. | Reduce -1.2% | 1.00% | −0.02 |
| VGT Vanguard Info Tech ETF | Reduce -13.8% | 0.15% | −0.02 |
| ECL Ecolab Inc. | Reduce -0.6% | 0.40% | −0.02 |
| ABBV Abbvie Inc. | Reduce -0.5% | 0.84% | −0.02 |
| GD General Dynamics Corp. | Reduce -1.1% | 0.68% | −0.02 |
| INFY Infosys Ltd.-SP ADR | Reduce -12.7% | 0.40% | −0.02 |
| FISV Fiserv Inc. | Reduce -0.3% | 0.02% | −0.01 |
| BRK.B Berkshire Hathaway Inc. Class B | Reduce -0.1% | 0.96% | −0.01 |
| IJR iShares Core S&P Small-Cap E | Reduce -16.2% | 0.04% | −0.01 |
| ORLY O'reilly Automotive Inc. | Reduce -0.6% | 0.04% | −0.01 |
| VNQ Vanguard Real Estate ETF | Reduce -0.5% | 0.17% | −0.01 |
| XLK SS Technology Select Sector | Reduce -6.1% | 0.14% | −0.01 |
| SYY Sysco Corp. | Reduce -10.8% | 0.02% | −0.01 |
| CBOE Cboe Global Markets Inc. | Reduce -4.0% | 0.23% | −0.01 |
| URI United Rentals Inc. | Reduce -2.0% | 0.03% | −0.01 |
| AFL Aflac Inc. | Reduce -3.9% | 0.09% | −0.01 |
| TM Toyota Motor Corp. -Spon ADR | Sold out | 0.00% | −0.01 |
| BSCY Invesco Bulletshares 2034 CB | Reduce -5.0% | 0.09% | −0.01 |
| DOW Dow Inc. | Reduce -73.5% | 0.00% | −0.00 |
| XLP SS Consumer Staples Sel Sect | Reduce -14.6% | 0.03% | −0.00 |
| TT Trane Technologies PLC | Reduce -2.8% | 0.04% | −0.00 |
| HYLB Xtrackers Usd High Yield Cor | Sold out | 0.00% | −0.00 |
| BKNG Booking Holdings Inc. | Reduce -16.7% | 0.02% | −0.00 |
| SCHO Schwab Short-Term US Treas | Reduce -26.7% | 0.01% | −0.00 |
| RH RH | Sold out | 0.00% | −0.00 |
Portfolio Buys Q3 2025 → Q4 2025
| A Agilent Technologies Inc. | Add +2365.3% | 0.50% | +0.48 |
| SCHB Schwab US Broad Market ETF | Add +1.6% | 14.44% | +0.41 |
| PYPL PayPal Holdings Inc. | Add +7767.0% | 0.30% | +0.29 |
| SCHF Schwab Intl Equity ETF | Add +3.2% | 5.31% | +0.29 |
| QCOM Qualcomm Inc. | Add +41.7% | 0.90% | +0.28 |
| SCHG Schwab US Large-Cap Growth | Add +19.6% | 1.24% | +0.22 |
| RIO Rio Tinto PLC-Spon ADR | Add +0.5% | 1.16% | +0.20 |
| AMZN Amazon.com Inc. | Add +4.6% | 2.02% | +0.17 |
| CLX Clorox Company | Add +748.0% | 0.18% | +0.15 |
| G Genpact Ltd. | Add +1.6% | 1.30% | +0.15 |
| CVX Chevron Corp. | Add +34.1% | 0.54% | +0.13 |
| SCHA Schwab US Small-Cap ETF | Add +2.0% | 3.70% | +0.12 |
| ITW Illinois Tool Works | Add +22.6% | 0.93% | +0.12 |
| STT State Street Corp. | Add +42766.7% | 0.11% | +0.11 |
| TGT Target Corp. | Add +26.8% | 0.39% | +0.11 |
| AKAM Akamai Technologies Inc. | Add +0.5% | 0.78% | +0.10 |
| LOW Lowe's Cos Inc. | Add +21.4% | 0.69% | +0.09 |
| MDT Medtronic PLC | Add +9.6% | 0.96% | +0.09 |
| SLB SLB Ltd. | Add +3.8% | 0.57% | +0.08 |
| KO The Coca-Cola Co. | Add +0.0% | 1.44% | +0.06 |
| GLD SPDR Gold Shares | Add +588.2% | 0.06% | +0.06 |
| DHR Danaher Corp. | Add +0.1% | 0.36% | +0.05 |
| VTI VG Morningstar TS MKT ETF-US | Add +0.2% | 2.64% | +0.04 |
| SSNC Ss&c Technologies Holdings | Add +8.0% | 0.78% | +0.04 |
| BSCZ Invesco Bulletshares 2035 CB | Add +93.4% | 0.06% | +0.03 |
| MDLZ Mondelez International Inc. Class A | Add +21.8% | 0.65% | +0.03 |
| RSG Republic Services Inc. | Add +10.8% | 1.58% | +0.03 |
| UNP Union Pacific Corp. | Add +4.7% | 1.47% | +0.03 |
| VEU Vanguard Ftse All-World Ex-U | Add +1.2% | 0.72% | +0.02 |
| VUG Vanguard Mrngstar GR ETF-Sui | Add +19.9% | 0.13% | +0.02 |
| TROW T Rowe Price Group Inc. | Add +9.1% | 0.25% | +0.02 |
| VOO Vanguard S&P 500 ETF | Add +11.4% | 0.13% | +0.01 |
| FG F&G Annuities & Life Inc. | New | 0.01% | +0.01 |
| ITOT iShares Core S&P Total U.S. | Add +353.1% | 0.01% | +0.01 |
| AVGO Broadcom Inc. | Add +0.8% | 0.22% | +0.01 |
| TSLA Tesla Inc. | Add +22.2% | 0.05% | +0.01 |
| XOM Exxon Mobil Corp. | Add +1.9% | 0.08% | +0.01 |
| CWI State Street SPDR MSCI Acwi | New | 0.01% | +0.01 |
| MLKN Millerknoll Inc. | Add +53.0% | 0.01% | +0.00 |
| CSX CSX Corp. | Add +0.1% | 0.22% | +0.00 |
| DFUS Dimensional US Eq MKT ETF | Add +33.1% | 0.01% | +0.00 |
| ESGU iShares ESG Aware MSCI USA | New | 0.00% | +0.00 |
| BSCS Invesco Bulletshares 2028 CB | Add +1.9% | 0.17% | +0.00 |
| BSCR Invesco Bulletshares 2027 CB | Add +11.8% | 0.02% | +0.00 |
| ACN Accenture PLC Class A | Add +1.8% | 0.02% | +0.00 |
| VTV Vanguard Mrngstr Val ETF-Aui | Add +0.8% | 0.06% | +0.00 |
| NCLH Norwegian Cruise Line Holdin | New | 0.00% | +0.00 |
| AEM Agnico Eagle Mines Ltd. | New | 0.00% | +0.00 |
| SCHM Schwab US Mid Cap ETF | Add +0.2% | 0.10% | +0.00 |
| COF Capital One Financial Corp. | Add +66.7% | 0.00% | +0.00 |
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 |