Davis Selected Advisers

Name: Davis Selected Advisers 13F holdings, Q1 2025
Creator: Davis Selected Advisers
Published: 2025-05-12

Q2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q4 2024Q3 2024Q2 2024Q1 2024

In its 13F for Q1 2025 (holdings as of March 31, 2025, filed May 12, 2025), Davis Selected Advisers reported 104 stock positions worth $17.3 billion. Its top holding was Capital One Financial (COF) at 9.3% of the portfolio, followed by Meta Platforms Class A (META, 7.3%) and Berkshire Hathaway Class A (BRK.A, 7.2%). Compared with Q4 2024, it opened 5 new positions, sold out of 1, added to 41 and reduced 54. The biggest buy was CVS Health (CVS, shares +1%) and the biggest sale Meta Platforms Class A (META, shares −11%).

Most Recent 13F: Q2 2026
Location: Tucson, AZ
CIK: 0001036325
Portfolio Value: $17.3B (Q1 2025)
SEC Filing: 0001316506-25-000107 ↗ filed May 12, 2025

Holdings Value

Holdings 104 stocks · $17.3B


COF Capital One Financial Corp.	9.30%	8,999,453	$1.6B	Reduce -2.7%
META Meta Platforms Inc. Class A	7.34%	2,210,250	$1.3B	Reduce -11.3%
BRK.A Berkshire Hathaway Inc. Class A	7.17%	1,558	$1.2B	Reduce -1.5%
CVS CVS Health Corp.	4.51%	11,549,057	$782.4M	Add +1.4%
AMAT Applied Materials Inc.	4.18%	4,993,172	$724.6M	Add +6.0%
MKL Markel Group Inc.	4.00%	371,469	$694.5M	Add +0.3%
AMZN Amazon.com Inc.	3.86%	3,519,954	$669.7M	Reduce -7.5%
USB US Bancorp	3.62%	14,889,014	$628.6M	Add +3.6%
MGM MGM Resorts International	3.56%	20,815,057	$617.0M	Add +4.5%
HUM Humana Inc.	3.56%	2,331,343	$616.9M	Add +3.3%
WFC Wells Fargo & Co.	3.50%	8,468,647	$608.0M	Reduce -1.9%
VTRS Viatris Inc.	3.26%	64,948,236	$565.7M	Add +3.8%
CI The Cigna Group	2.72%	1,433,251	$471.5M	Add +0.1%
GOOGL Alphabet Inc. Class A	2.71%	3,039,483	$470.0M	Add +0.8%
TXN Texas Instruments Inc.	2.52%	2,431,035	$436.9M	Add +3.4%
TECK Teck Resources Ltd.-CLS B	2.35%	11,190,628	$407.7M	Reduce -1.0%
DGX Quest Diagnostics Inc.	2.33%	2,388,302	$404.1M	Reduce -0.4%
SOLV Solventum Corp.	2.32%	5,288,138	$402.1M	Add +0.8%
BRK.B Berkshire Hathaway Inc. Class B	2.08%	678,453	$361.3M	Reduce -5.4%
CB Chubb Ltd.	1.89%	1,086,389	$328.1M	Reduce -0.8%
TCOM Trip.com Group Ltd.-ADR	1.78%	4,862,997	$309.2M	Add +29.8%
TSN Tyson Foods Inc. Class A	1.72%	4,679,582	$298.6M	Add +51.9%
OC Owens Corning	1.47%	1,787,242	$255.3M	Reduce -1.3%
QSR Restaurant Brands Intern	1.30%	3,372,511	$224.7M	New
AGCO Agco Corp.	1.08%	2,027,266	$187.7M	Add +1.8%
BNY Bank of New York Mellon Corp. filed as BANK NEW YORK MELLON CORP	0.92%	1,910,645	$160.2M	Reduce -10.6%
JPM JPMorgan Chase & Co.	0.90%	639,852	$157.0M	Reduce -2.7%
COP Conocophillips	0.85%	1,402,068	$147.2M	Add +2.3%
DUSA Davis Select US Equity ETF	0.83%	3,383,338	$143.2M	Reduce -0.1%
CPNG Coupang Inc.	0.74%	5,880,990	$129.0M	Reduce -0.5%
PPLI People Inc. filed as IAC INC	0.70%	2,657,782	$122.1M	Add +0.8%
GOOG Alphabet Inc. Class C	0.58%	646,697	$101.0M	Reduce -0.0%
YMM Full Truck Alliance -SPN ADR	0.58%	7,819,344	$99.9M	Add +44.8%
FITB Fifth Third Bancorp	0.56%	2,461,119	$96.5M	Add +0.7%
MSFT Microsoft Corp.	0.56%	256,523	$96.3M	Add +0.6%
DINT Davis Select International	0.52%	3,890,080	$89.9M	Add +0.5%
PNC PNC Financial Services Group	0.50%	495,808	$87.1M	Reduce -1.2%
DFNL Davis Select Financial ETF	0.48%	2,129,860	$83.7M	Add +0.0%
DAR Darling Ingredients Inc.	0.45%	2,476,469	$77.4M	Add +4.1%
AXP American Express Co.	0.42%	271,435	$73.0M	Reduce -1.1%
DWLD Davis Select Worldwide ETF	0.42%	1,916,287	$72.2M	Reduce -0.1%
SE Sea Ltd.-ADR	0.39%	514,628	$67.2M	Reduce -19.3%
NTES Netease Inc.-ADR	0.35%	596,114	$61.4M	Reduce -0.2%
L Loews Corp.	0.32%	599,066	$55.1M	Reduce -1.2%
BAC Bank of America Corp. filed as BANK AMERICA CORP	0.28%	1,156,148	$48.2M	Reduce -1.2%
APP AppLovin Corp. Class A	0.25%	163,011	$43.2M	New
NTB Bank of N.T. Butterfield&son	0.24%	1,068,441	$41.6M	Reduce -0.7%
WCC Wesco International Inc.	0.23%	258,503	$40.1M	Add +0.6%
RKT Rocket Cos Inc. Class A	0.22%	3,139,289	$37.9M	Reduce -1.0%
BEKE Ke Holdings Inc.-ADR filed as KE HLDGS INC	0.22%	1,860,528	$37.4M	Reduce -49.0%
RNR Renaissancere Holdings Ltd.	0.20%	143,801	$34.5M	Add +1.1%
JCI Johnson Controls Internation	0.19%	404,164	$32.4M	Add +0.2%
VALE Vale SA-SP ADR	0.16%	2,733,513	$27.3M	New
UNH Unitedhealth Group Inc.	0.15%	48,519	$25.4M	Reduce -5.1%
SCHW Schwab (charles) Corp.	0.13%	297,606	$23.3M	Reduce -0.8%
SAP Sap SE-Sponsored ADR	0.12%	76,126	$20.4M	Reduce -21.9%
AMT American Tower Corp.	0.11%	88,940	$19.4M	Reduce -0.7%
PLD Prologis Inc.	0.11%	171,756	$19.2M	Reduce -4.1%
ORCL Oracle Corp.	0.11%	136,380	$19.1M	Reduce -0.6%
VTR Ventas Inc.	0.10%	250,190	$17.2M	Reduce -0.6%
NOAH Noah Holdings Ltd.-Spon ADS filed as NOAH HLDGS LTD	0.09%	1,654,817	$15.6M	Reduce -0.7%
YOU Clear Secure Inc. Class A	0.09%	581,691	$15.1M	Add +0.3%
PSA Public Storage	0.09%	49,760	$14.9M	Reduce -0.7%
EG Everest Group Ltd.	0.08%	39,662	$14.4M	Add +1.1%
REXR Rexford Industrial Realty Inc.	0.08%	363,620	$14.2M	Add +7.1%
JD Jd.com Inc.-ADR	0.08%	345,461	$14.2M	Reduce -2.9%
ARE Alexandria Real Estate Equit	0.08%	151,317	$14.0M	Add +0.8%
BXP BXP Inc.	0.08%	203,440	$13.7M	Add +33.1%
CUZ Cousins Properties Inc.	0.08%	446,935	$13.2M	Reduce -11.4%
BRX Brixmor Property Group Inc.	0.07%	484,360	$12.9M	Reduce -1.4%
EQIX Equinix Inc.	0.07%	15,373	$12.5M	Reduce -19.9%
AVB Avalonbay Communities Inc.	0.07%	56,650	$12.2M	Add +0.8%
SPG Simon Property Group Inc.	0.07%	68,033	$11.3M	Reduce -15.7%
DLR Digital Realty Trust Inc.	0.06%	67,130	$9.6M	Reduce -25.9%
CPT Camden Property Trust	0.05%	76,510	$9.4M	Add +10.3%
AMH American Homes 4 Rent- A	0.05%	243,120	$9.2M	Add +12.2%
MTB M & T Bank Corp. filed as M & T BK CORP	0.05%	51,185	$9.1M	Add +3.0%
REG Regency Centers Corp.	0.05%	118,140	$8.7M	Reduce -0.6%
MAA Mid-America Apartment Comm	0.05%	51,450	$8.6M	Add +44.3%
ESS Essex Property Trust Inc.	0.05%	27,731	$8.5M	Reduce -16.6%
EXR Extra Space Storage Inc.	0.05%	56,785	$8.4M	Reduce -7.0%
EGP Eastgroup Properties Inc.	0.05%	44,750	$7.9M	Add +0.7%
SHO Sunstone Hotel Investors Inc.	0.04%	791,730	$7.5M	Reduce -1.4%
UDR Udr Inc.	0.04%	158,610	$7.2M	Reduce -19.0%
VMRK Vivmark Residential filed as EQUITY RESIDENTIAL	0.04%	99,855	$7.1M	Reduce -0.6%
HUDSON PAC PPTYS INC	0.04%	2,296,963	$6.8M	Add +0.7%
STT State Street Corp.	0.04%	72,704	$6.5M	Add +15.2%
TFC Truist Financial Corp.	0.04%	156,431	$6.4M	Add +7.6%
TRNO Terreno Realty Corp.	0.04%	100,827	$6.4M	Reduce -0.6%
CHCT Community Healthcare Trust I	0.03%	301,740	$5.5M	Add +39.9%
DOC Healthpeak Properties Inc.	0.03%	246,806	$5.0M	Reduce -0.6%
VICI Vici Properties Inc. filed as VICI PPTYS INC	0.03%	143,440	$4.7M	Reduce -1.3%
DEI Douglas Emmett Inc.	0.02%	268,820	$4.3M	Add +115.6%
CCI Crown Castle Inc.	0.02%	41,000	$4.3M	Reduce -0.6%
HIW Highwoods Properties Inc.	0.02%	129,180	$3.8M	Reduce -0.7%
IVE iShares S&P 500 Value ETF	0.02%	19,712	$3.8M	Reduce -90.0%
FRT Federal Realty Invs Trust	0.02%	32,930	$3.2M	Reduce -45.2%
SUI Sun Communities Inc. filed as SUN CMNTYS INC	0.02%	25,040	$3.2M	New
NTST Netstreit Corp.	0.01%	114,960	$1.8M	New
LRCX Lam Research Corp.	0.01%	12,280	$893K	No change
CCK Crown Holdings Inc.	0.00%	8,570	$765K	No change
RH RH	0.00%	2,240	$525K	No change
SKX Skechers USA Inc. Class A	0.00%	6,000	$341K	No change
INTC Intel Corp.	0.00%	10,683	$243K	Reduce -99.6%

Portfolio Sells Q4 2024 → Q1 2025


META Meta Platforms Inc. Class A	Reduce -11.3%	7.34%	−1.14
AMZN Amazon.com Inc.	Reduce -7.5%	3.86%	−0.99
OC Owens Corning	Reduce -1.3%	1.47%	−0.32
TECK Teck Resources Ltd.-CLS B	Reduce -1.0%	2.35%	−0.31
INTC Intel Corp.	Reduce -99.6%	0.00%	−0.30
COF Capital One Financial Corp.	Reduce -2.7%	9.30%	−0.28
IVE iShares S&P 500 Value ETF	Reduce -90.0%	0.02%	−0.20
BEKE Ke Holdings Inc.-ADR	Reduce -49.0%	0.22%	−0.18
GOOG Alphabet Inc. Class C	Reduce -0.0%	0.58%	−0.13
PNC PNC Financial Services Group	Reduce -1.2%	0.50%	−0.06
AXP American Express Co.	Reduce -1.1%	0.42%	−0.05
DLR Digital Realty Trust Inc.	Reduce -25.9%	0.06%	−0.04
EQIX Equinix Inc.	Reduce -19.9%	0.07%	−0.03
BNY Bank of New York Mellon Corp.	Reduce -10.6%	0.92%	−0.03
NOAH Noah Holdings Ltd.-Spon ADS	Reduce -0.7%	0.09%	−0.02
ORCL Oracle Corp.	Reduce -0.6%	0.11%	−0.02
SAP Sap SE-Sponsored ADR	Reduce -21.9%	0.12%	−0.02
WELL Welltower Inc.	Sold out	0.00%	−0.02
BAC Bank of America Corp.	Reduce -1.2%	0.28%	−0.02
WFC Wells Fargo & Co.	Reduce -1.9%	3.50%	−0.02
FRT Federal Realty Invs Trust	Reduce -45.2%	0.02%	−0.02
SPG Simon Property Group Inc.	Reduce -15.7%	0.07%	−0.02
CUZ Cousins Properties Inc.	Reduce -11.4%	0.08%	−0.01
SHO Sunstone Hotel Investors Inc.	Reduce -1.4%	0.04%	−0.01
CPNG Coupang Inc.	Reduce -0.5%	0.74%	−0.01
JPM JPMorgan Chase & Co.	Reduce -2.7%	0.90%	−0.01
UDR Udr Inc.	Reduce -19.0%	0.04%	−0.01
SE Sea Ltd.-ADR	Reduce -19.3%	0.39%	−0.01
ESS Essex Property Trust Inc.	Reduce -16.6%	0.05%	−0.01
BRX Brixmor Property Group Inc.	Reduce -1.4%	0.07%	−0.01
EXR Extra Space Storage Inc.	Reduce -7.0%	0.05%	−0.00
UNH Unitedhealth Group Inc.	Reduce -5.1%	0.15%	−0.00
DUSA Davis Select US Equity ETF	Reduce -0.1%	0.83%	−0.00
PSA Public Storage	Reduce -0.7%	0.09%	−0.00
HIW Highwoods Properties Inc.	Reduce -0.7%	0.02%	−0.00
REG Regency Centers Corp.	Reduce -0.6%	0.05%	−0.00
VMRK Vivmark Residential	Reduce -0.6%	0.04%	−0.00
DOC Healthpeak Properties Inc.	Reduce -0.6%	0.03%	−0.00
PLD Prologis Inc.	Reduce -4.1%	0.11%	+0.00
TRNO Terreno Realty Corp.	Reduce -0.6%	0.04%	+0.00
VICI Vici Properties Inc.	Reduce -1.3%	0.03%	+0.00
CCI Crown Castle Inc.	Reduce -0.6%	0.02%	+0.00
SCHW Schwab (charles) Corp.	Reduce -0.8%	0.13%	+0.01
JD Jd.com Inc.-ADR	Reduce -2.9%	0.08%	+0.01
RKT Rocket Cos Inc. Class A	Reduce -1.0%	0.22%	+0.01
NTB Bank of N.T. Butterfield&son	Reduce -0.7%	0.24%	+0.01
DWLD Davis Select Worldwide ETF	Reduce -0.1%	0.42%	+0.01
VTR Ventas Inc.	Reduce -0.6%	0.10%	+0.01
AMT American Tower Corp.	Reduce -0.7%	0.11%	+0.02
L Loews Corp.	Reduce -1.2%	0.32%	+0.02

Portfolio Buys Q4 2024 → Q1 2025


CVS CVS Health Corp.	Add +1.4%	4.51%	+1.54
QSR Restaurant Brands Intern	New	1.30%	+1.30
TSN Tyson Foods Inc. Class A	Add +51.9%	1.72%	+0.69
CI The Cigna Group	Add +0.1%	2.72%	+0.42
SOLV Solventum Corp.	Add +0.8%	2.32%	+0.30
TCOM Trip.com Group Ltd.-ADR	Add +29.8%	1.78%	+0.29
MKL Markel Group Inc.	Add +0.3%	4.00%	+0.29
APP AppLovin Corp. Class A	New	0.25%	+0.25
YMM Full Truck Alliance -SPN ADR	Add +44.8%	0.58%	+0.24
HUM Humana Inc.	Add +3.3%	3.56%	+0.23
VALE Vale SA-SP ADR	New	0.16%	+0.16
COP Conocophillips	Add +2.3%	0.85%	+0.06
PPLI People Inc.	Add +0.8%	0.70%	+0.04
DINT Davis Select International	Add +0.5%	0.52%	+0.03
SUI Sun Communities Inc.	New	0.02%	+0.02
MAA Mid-America Apartment Comm	Add +44.3%	0.05%	+0.02
BXP BXP Inc.	Add +33.1%	0.08%	+0.01
DEI Douglas Emmett Inc.	Add +115.6%	0.02%	+0.01
DFNL Davis Select Financial ETF	Add +0.0%	0.48%	+0.01
NTST Netstreit Corp.	New	0.01%	+0.01
CHCT Community Healthcare Trust I	Add +39.9%	0.03%	+0.01
CPT Camden Property Trust	Add +10.3%	0.05%	+0.01
AMH American Homes 4 Rent- A	Add +12.2%	0.05%	+0.01
REXR Rexford Industrial Realty Inc.	Add +7.1%	0.08%	+0.01
EGP Eastgroup Properties Inc.	Add +0.7%	0.05%	+0.00
STT State Street Corp.	Add +15.2%	0.04%	+0.00
JCI Johnson Controls Internation	Add +0.2%	0.19%	+0.00
EG Everest Group Ltd.	Add +1.1%	0.08%	+0.00
TFC Truist Financial Corp.	Add +7.6%	0.04%	+0.00
AGCO Agco Corp.	Add +1.8%	1.08%	−0.00
HUDSON PAC PPTYS INC	Add +0.7%	0.04%	−0.00
MTB M & T Bank Corp.	Add +3.0%	0.05%	−0.00
AVB Avalonbay Communities Inc.	Add +0.8%	0.07%	−0.00
YOU Clear Secure Inc. Class A	Add +0.3%	0.09%	−0.00
ARE Alexandria Real Estate Equit	Add +0.8%	0.08%	−0.00
RNR Renaissancere Holdings Ltd.	Add +1.1%	0.20%	−0.01
DAR Darling Ingredients Inc.	Add +4.1%	0.45%	−0.02
WCC Wesco International Inc.	Add +0.6%	0.23%	−0.04
TXN Texas Instruments Inc.	Add +3.4%	2.52%	−0.04
FITB Fifth Third Bancorp	Add +0.7%	0.56%	−0.04
MSFT Microsoft Corp.	Add +0.6%	0.56%	−0.07
AMAT Applied Materials Inc.	Add +6.0%	4.18%	−0.28
USB US Bancorp	Add +3.6%	3.62%	−0.37
MGM MGM Resorts International	Add +4.5%	3.56%	−0.46
GOOGL Alphabet Inc. Class A	Add +0.8%	2.71%	−0.61
VTRS Viatris Inc.	Add +3.8%	3.26%	−1.27

All Filings

Quarter	Positions	13F Reported Value	Top Holdings
Q2 2026	112	$23.3B	COF, USB, CVS, VTRS, MGM
Q1 2026	112	$21.8B	COF, CTRA, USB, VTRS, META
Q4 2025	108	$22.2B	COF, USB, META, AMAT, CVS
Q3 2025Amended	107	$19.2B	COF, META, AMAT, USB, CVS
Q2 2025	107	$18.7B	COF, META, AMAT, USB, MGM
Q1 2025	104	$17.3B	COF, META, BRK.A, CVS, AMAT
Q4 2024	100	$17.2B	COF, META, BRK.A, AMZN, VTRS
Q3 2024	102	$17.8B	META, COF, BRK.A, AMAT, WFC
Q2 2024	102	$17.2B	META, COF, BRK.A, AMZN, AMAT
Q1 2024Amended	98	$17.8B	META, COF, WFC, BRK.A, AMZN