Davis Selected Advisers

In its 13F for Q2 2024 (holdings as of June 30, 2024, filed August 7, 2024), Davis Selected Advisers reported 102 stock positions worth $17.2 billion. Its top holding was Meta Platforms Class A (META) at 9.0% of the portfolio, followed by Capital One Financial (COF, 7.7%) and Berkshire Hathaway Class A (BRK.A, 6.5%). Compared with Q1 2024, it opened 7 new positions, sold out of 3, added to 23 and reduced 60. The biggest buy was a new position in Solventum (SOLV) and the biggest sale Wells Fargo (WFC, shares −35%).

Most Recent 13F
Q2 2026
Location
Tucson, AZ
CIK
0001036325
Portfolio Value
$17.2B (Q2 2024)
SEC Filing
0000071701-24-000053 ↗ filed Aug 7, 2024

Holdings Value

0$5.0B$10.0B$15.0B$20.0B$25.0B Q1 2024: $17.8B Q1 2024 Q2 2024: $17.2B $17.2B Q2 2024 Q3 2024: $17.8B Q3 2024 Q4 2024: $17.2B Q4 2024 Q1 2025: $17.3B Q1 2025 Q2 2025: $18.7B Q2 2025 Q3 2025: $19.2B Q3 2025 Q4 2025: $22.2B Q4 2025 Q1 2026: $21.8B Q1 2026 Q2 2026: $23.3B Q2 2026

Holdings 102 stocks · $17.2B
META Meta Platforms Inc. Class A 8.96% 3,059,517 $1.5B Reduce -0.6%
COF Capital One Financial Corp. 7.75% 9,635,496 $1.3B Reduce -0.4%
BRK.A Berkshire Hathaway Inc. Class A 6.51% 1,831 $1.1B Reduce -0.9%
AMZN Amazon.com Inc. 6.42% 5,720,344 $1.1B Reduce -0.8%
AMAT Applied Materials Inc. 5.74% 4,185,924 $987.8M Reduce -10.2%
WFC Wells Fargo & Co. 5.30% 15,350,126 $911.6M Reduce -34.7%
HUM Humana Inc. 5.02% 2,311,362 $863.6M Add +16.1%
VTRS Viatris Inc. 3.55% 57,535,953 $611.6M Add +0.1%
USB US Bancorp 3.28% 14,228,444 $564.9M Add +0.3%
GOOGL Alphabet Inc. Class A 3.25% 3,074,425 $560.0M Reduce -0.3%
TECK Teck Resources Ltd.-CLS B 3.21% 11,530,660 $552.3M Reduce -0.5%
MGM MGM Resorts International 3.07% 11,911,559 $529.3M Add +0.1%
CI The Cigna Group 2.78% 1,446,129 $478.0M Reduce -0.5%
TXN Texas Instruments Inc. 2.67% 2,361,294 $459.3M Reduce -0.5%
MKL Markel Group Inc. 2.63% 287,061 $452.3M Add +0.3%
BNY Bank of New York Mellon Corp. filed as BANK NEW YORK MELLON CORP 2.59% 7,450,908 $446.2M Reduce -27.5%
OC Owens Corning 2.30% 2,275,729 $395.3M Reduce -1.8%
INTC Intel Corp. 2.27% 12,642,316 $391.5M Add +86.2%
JPM JPMorgan Chase & Co. 2.17% 1,849,353 $374.1M Reduce -42.7%
BRK.B Berkshire Hathaway Inc. Class B 1.91% 810,163 $329.6M Add +0.0%
DGX Quest Diagnostics Inc. 1.90% 2,390,828 $327.3M Add +0.4%
CB Chubb Ltd. 1.86% 1,256,840 $320.6M Reduce -0.5%
SOLV Solventum Corp. 1.59% 5,163,955 $273.1M New
TSN Tyson Foods Inc. Class A 1.03% 3,105,330 $177.4M New
DUSA Davis Select US Equity ETF 0.80% 3,385,789 $137.5M No change
AGCO Agco Corp. 0.77% 1,357,633 $132.9M Add +0.1%
PPLI People Inc. filed as IAC INC 0.74% 2,704,207 $126.7M Add +0.0%
CPNG Coupang Inc. 0.73% 5,974,842 $125.2M Reduce -0.6%
GOOG Alphabet Inc. Class C 0.72% 675,447 $123.9M Add +0.7%
MSFT Microsoft Corp. 0.67% 258,122 $115.4M Reduce -0.2%
JD Jd.com Inc.-ADR 0.65% 4,304,912 $111.2M Reduce -1.8%
DAR Darling Ingredients Inc. 0.61% 2,837,718 $104.3M Reduce -0.3%
FITB Fifth Third Bancorp 0.53% 2,478,079 $90.4M Reduce -0.3%
BEKE Ke Holdings Inc.-ADR filed as KE HLDGS INC 0.49% 5,995,230 $84.8M Reduce -0.3%
AXP American Express Co. 0.49% 363,803 $84.2M Reduce -52.5%
PNC PNC Financial Services Group 0.46% 510,360 $79.4M Add +2.2%
DINT Davis Select International 0.45% 3,866,428 $76.9M No change
DFNL Davis Select Financial ETF 0.41% 2,128,485 $70.7M No change
DWLD Davis Select Worldwide ETF 0.37% 1,916,112 $63.9M No change
BAC Bank of America Corp. filed as BANK AMERICA CORP 0.28% 1,190,869 $47.4M Reduce -0.6%
L Loews Corp. 0.27% 626,859 $46.9M Reduce -0.4%
SE Sea Ltd.-ADR 0.27% 652,316 $46.6M New
UNH Unitedhealth Group Inc. 0.27% 90,293 $46.0M Add +0.5%
RKT Rocket Cos Inc. Class A 0.26% 3,217,609 $44.1M Reduce -0.5%
COP Conocophillips 0.25% 379,971 $43.5M New
NTB Bank of N.T. Butterfield&son 0.22% 1,080,340 $37.9M Reduce -0.5%
WCC Wesco International Inc. 0.18% 193,646 $30.7M Add +1.5%
JCI Johnson Controls Internation 0.17% 439,642 $29.2M Add +0.7%
FWONA Liberty Media Corp. Class A 0.13% 357,861 $23.0M Reduce -3.0%
SCHW Schwab (charles) Corp. 0.13% 304,789 $22.5M Reduce -0.7%
CVS CVS Health Corp. 0.13% 364,782 $21.5M Add +111.2%
SAP Sap SE-Sponsored ADR 0.12% 98,807 $19.9M Reduce -15.6%
ORCL Oracle Corp. 0.11% 138,132 $19.5M Reduce -2.3%
NOAH Noah Holdings Ltd.-Spon ADS filed as NOAH HLDGS LTD 0.09% 1,681,650 $16.2M Add +121.7%
EG Everest Group Ltd. 0.09% 40,889 $15.6M Reduce -0.8%
BABA Alibaba Group Holding-SP ADR 0.07% 169,908 $12.2M Reduce -6.7%
MBC Masterbrand Inc. 0.07% 823,506 $12.1M Reduce -4.3%
YOU Clear Secure Inc. Class A 0.06% 589,764 $11.0M Add +0.1%
MTB M & T Bank Corp. filed as M & T BK CORP 0.04% 48,247 $7.3M No change
TFC Truist Financial Corp. 0.03% 134,912 $5.2M No change
HOLI Hollysys Automation Technolo 0.03% 220,761 $4.8M Reduce -66.3%
IVE iShares S&P 500 Value ETF 0.03% 23,681 $4.3M New
STT State Street Corp. 0.02% 54,917 $4.1M No change
BIDU Baidu Inc. - Spon ADR 0.02% 46,841 $4.1M Reduce -1.1%
LRCX Lam Research Corp. 0.01% 1,228 $1.3M No change
CCK Crown Holdings Inc. 0.00% 8,570 $638K New
RH RH 0.00% 2,240 $548K No change
SKX Skechers USA Inc. Class A 0.00% 7,490 $518K No change
ARE Alexandria Real Estate Equit 0.00% 141,587 $0 Reduce -0.1%
AMH American Homes 4 Rent- A 0.00% 222,270 $0 Reduce -9.4%
AMT American Tower Corp. 0.00% 76,070 $0 Add +14.1%
AVB Avalonbay Communities Inc. 0.00% 57,770 $0 Reduce -12.6%
BXP BXP Inc. filed as BOSTON PROPERTIES INC 0.00% 154,730 $0 Reduce -0.1%
BRX Brixmor Property Group Inc. 0.00% 503,980 $0 Reduce -18.1%
CPT Camden Property Trust 0.00% 70,430 $0 Reduce -0.1%
CHCT Community Healthcare Trust I 0.00% 219,990 $0 Reduce -0.1%
CUZ Cousins Properties Inc. 0.00% 682,525 $0 Reduce -0.1%
CCI Crown Castle Inc. 0.00% 41,950 $0 Reduce -0.1%
DLR Digital Realty Trust Inc. 0.00% 101,905 $0 Reduce -0.1%
DEI Douglas Emmett Inc. 0.00% 127,180 $0 Reduce -50.5%
EQIX Equinix Inc. 0.00% 17,258 $0 Reduce -0.1%
VMRK Vivmark Residential filed as EQUITY RESIDENTIAL 0.00% 103,015 $0 Reduce -26.3%
ESS Essex Property Trust Inc. 0.00% 46,271 $0 Reduce -0.1%
EXR Extra Space Storage Inc. 0.00% 61,595 $0 Add +54.2%
FRT Federal Realty Invs Trust 0.00% 61,320 $0 Reduce -0.1%
DOC Healthpeak Properties Inc. 0.00% 255,476 $0 Reduce -0.1%
HIW Highwoods Properties Inc. 0.00% 160,530 $0 No change
HUDSON PAC PPTYS INC 0.00% 1,224,493 $0 Add +78.0%
MAA Mid-America Apartment Comm 0.00% 24,080 $0 New
PLD Prologis Inc. 0.00% 236,886 $0 Add +30.7%
PSA Public Storage 0.00% 55,620 $0 Add +5.6%
REG Regency Centers Corp. 0.00% 121,200 $0 Reduce -0.1%
ROIC Retail Opportunity Investmen 0.00% 499,455 $0 Reduce -11.4%
REXR Rexford Industrial Realty Inc. 0.00% 209,610 $0 No change
SPG Simon Property Group Inc. 0.00% 85,140 $0 Reduce -20.9%
SUI Sun Communities Inc. filed as SUN CMNTYS INC 0.00% 26,670 $0 Reduce -45.3%
SHO Sunstone Hotel Investors Inc. 0.00% 815,490 $0 Reduce -0.1%
TRNO Terreno Realty Corp. 0.00% 158,467 $0 Reduce -0.1%
UDR Udr Inc. 0.00% 201,490 $0 Reduce -0.1%
VTR Ventas Inc. 0.00% 285,660 $0 Reduce -0.1%
VICI Vici Properties Inc. filed as VICI PPTYS INC 0.00% 147,340 $0 Reduce -0.1%
WELL Welltower Inc. 0.00% 96,500 $0 Reduce -25.8%

Portfolio Sells Q1 2024 → Q2 2024
WFC Wells Fargo & Co. Reduce -34.7% 5.30% −2.34
JPM JPMorgan Chase & Co. Reduce -42.7% 2.17% −1.45
BNY Bank of New York Mellon Corp. Reduce -27.5% 2.59% −0.73
AXP American Express Co. Reduce -52.5% 0.49% −0.49
COF Capital One Financial Corp. Reduce -0.4% 7.75% −0.33
CI The Cigna Group Reduce -0.5% 2.78% −0.18
DAR Darling Ingredients Inc. Reduce -0.3% 0.61% −0.14
FERG Ferguson Jersey Ltd. Sold out 0.00% −0.12
ARE Alexandria Real Estate Equit Reduce -0.1% 0.00% −0.10
SPG Simon Property Group Inc. Reduce -20.9% 0.00% −0.09
CUZ Cousins Properties Inc. Reduce -0.1% 0.00% −0.09
DLR Digital Realty Trust Inc. Reduce -0.1% 0.00% −0.08
BRX Brixmor Property Group Inc. Reduce -18.1% 0.00% −0.08
EQIX Equinix Inc. Reduce -0.1% 0.00% −0.08
CARR Carrier Global Corp. Sold out 0.00% −0.07
VTR Ventas Inc. Reduce -0.1% 0.00% −0.07
AVB Avalonbay Communities Inc. Reduce -12.6% 0.00% −0.07
WELL Welltower Inc. Reduce -25.8% 0.00% −0.07
HOLI Hollysys Automation Technolo Reduce -66.3% 0.03% −0.07
ESS Essex Property Trust Inc. Reduce -0.1% 0.00% −0.06
BRK.A Berkshire Hathaway Inc. Class A Reduce -0.9% 6.51% −0.06
TRNO Terreno Realty Corp. Reduce -0.1% 0.00% −0.06
BXP BXP Inc. Reduce -0.1% 0.00% −0.06
SHO Sunstone Hotel Investors Inc. Reduce -0.1% 0.00% −0.05
AMH American Homes 4 Rent- A Reduce -9.4% 0.00% −0.05
VMRK Vivmark Residential Reduce -26.3% 0.00% −0.05
UDR Udr Inc. Reduce -0.1% 0.00% −0.04
REG Regency Centers Corp. Reduce -0.1% 0.00% −0.04
ROIC Retail Opportunity Investmen Reduce -11.4% 0.00% −0.04
CPT Camden Property Trust Reduce -0.1% 0.00% −0.04
FRT Federal Realty Invs Trust Reduce -0.1% 0.00% −0.04
SUI Sun Communities Inc. Reduce -45.3% 0.00% −0.04
CHCT Community Healthcare Trust I Reduce -0.1% 0.00% −0.03
JD Jd.com Inc.-ADR Reduce -1.8% 0.65% −0.03
DOC Healthpeak Properties Inc. Reduce -0.1% 0.00% −0.03
SLG SL Green Realty Corp. Sold out 0.00% −0.03
CCI Crown Castle Inc. Reduce -0.1% 0.00% −0.02
VICI Vici Properties Inc. Reduce -0.1% 0.00% −0.02
MBC Masterbrand Inc. Reduce -4.3% 0.07% −0.02
DEI Douglas Emmett Inc. Reduce -50.5% 0.00% −0.02
SAP Sap SE-Sponsored ADR Reduce -15.6% 0.12% −0.01
RKT Rocket Cos Inc. Class A Reduce -0.5% 0.26% −0.01
BIDU Baidu Inc. - Spon ADR Reduce -1.1% 0.02% −0.00
L Loews Corp. Reduce -0.4% 0.27% −0.00
BABA Alibaba Group Holding-SP ADR Reduce -6.7% 0.07% −0.00
EG Everest Group Ltd. Reduce -0.8% 0.09% −0.00
SCHW Schwab (charles) Corp. Reduce -0.7% 0.13% +0.01
FITB Fifth Third Bancorp Reduce -0.3% 0.53% +0.01
FWONA Liberty Media Corp. Class A Reduce -3.0% 0.13% +0.01
ORCL Oracle Corp. Reduce -2.3% 0.11% +0.01

Portfolio Buys Q1 2024 → Q2 2024
SOLV Solventum Corp. New 1.59% +1.59
HUM Humana Inc. Add +16.1% 5.02% +1.15
TSN Tyson Foods Inc. Class A New 1.03% +1.03
INTC Intel Corp. Add +86.2% 2.27% +0.59
SE Sea Ltd.-ADR New 0.27% +0.27
COP Conocophillips New 0.25% +0.25
MKL Markel Group Inc. Add +0.3% 2.63% +0.19
GOOG Alphabet Inc. Class C Add +0.7% 0.72% +0.15
DGX Quest Diagnostics Inc. Add +0.4% 1.90% +0.12
CVS CVS Health Corp. Add +111.2% 0.13% +0.05
NOAH Noah Holdings Ltd.-Spon ADS Add +121.7% 0.09% +0.05
IVE iShares S&P 500 Value ETF New 0.03% +0.03
UNH Unitedhealth Group Inc. Add +0.5% 0.27% +0.02
JCI Johnson Controls Internation Add +0.7% 0.17% +0.01
PNC PNC Financial Services Group Add +2.2% 0.46% +0.01
BRK.B Berkshire Hathaway Inc. Class B Add +0.0% 1.91% +0.01
CCK Crown Holdings Inc. New 0.00% +0.00
MAA Mid-America Apartment Comm New 0.00% 0.00
WCC Wesco International Inc. Add +1.5% 0.18% −0.00
YOU Clear Secure Inc. Class A Add +0.1% 0.06% −0.01
HUDSON PAC PPTYS INC Add +78.0% 0.00% −0.02
EXR Extra Space Storage Inc. Add +54.2% 0.00% −0.03
PPLI People Inc. Add +0.0% 0.74% −0.07
MGM MGM Resorts International Add +0.1% 3.07% −0.07
AMT American Tower Corp. Add +14.1% 0.00% −0.07
PSA Public Storage Add +5.6% 0.00% −0.09
PLD Prologis Inc. Add +30.7% 0.00% −0.13
AGCO Agco Corp. Add +0.1% 0.77% −0.16
USB US Bancorp Add +0.3% 3.28% −0.27
VTRS Viatris Inc. Add +0.1% 3.55% −0.29

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 112$23.3BCOF, USB, CVS, VTRS, MGM
Q1 2026 112$21.8BCOF, CTRA, USB, VTRS, META
Q4 2025 108$22.2BCOF, USB, META, AMAT, CVS
Q3 2025Amended 107$19.2BCOF, META, AMAT, USB, CVS
Q2 2025 107$18.7BCOF, META, AMAT, USB, MGM
Q1 2025 104$17.3BCOF, META, BRK.A, CVS, AMAT
Q4 2024 100$17.2BCOF, META, BRK.A, AMZN, VTRS
Q3 2024 102$17.8BMETA, COF, BRK.A, AMAT, WFC
Q2 2024 102$17.2BMETA, COF, BRK.A, AMZN, AMAT
Q1 2024Amended 98$17.8BMETA, COF, WFC, BRK.A, AMZN