AI Portfolio Summary
In 2025 Q4, DAVIS SELECTED ADVISERS maintained a portfolio of 110 distinct positions. The most significant new addition to the portfolio was JBS N.V., Class A, which now represents 0.77% of the total fund value. They heavily accumulated shares in Capital One Financia, increasing their position by 2.8%. The fund also reduced its exposure to Bank of New York Mel by 48.4%.
Total Positions
110
Quarter
2025 Q4
Top Holding
COF (9.4%)
Top 10 Concentration
50.3%
Turnover Rate
23.4%
Sector HHI
0.18
Items per page:
Showing 1-50 of 110
| Stock | History | Sector / Type | Port % | Prev % | Rank / Prev | Conviction | Change | % Change | Influence | Shares | Mkt Value | Avg Cost | Price Held | 1st Owned | Source | Source Date | Date Reported |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|
COF
Capital One Fin...
|
Financial Services | 9.38% | 9.30% |
#1
Prev: #1
|
6.3 | 234,649 | 2.8% |
P
S
|
8,614,766 | $2,087,878,344 | 1999 Q1 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
USB
U.S. Bancorp
|
Financial Services | 5.29% | 4.90% |
#2
2
Prev: #4
|
5.6 | 2,610,197 | 13.4% |
P
S
|
22,041,759 | $1,176,148,497 | 1999 Q1 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
META
Meta Platforms,...
|
Communication Services | 5.20% | 6.58% |
#3
1
Prev: #2
|
3.6 | 37,460 | 2.2% |
P
S
|
1,752,974 | $1,157,130,854 | 2015 Q4 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
AMAT
Applied Materia...
|
Technology | 4.85% | 5.94% |
#4
1
Prev: #3
|
2.4 | -1,352,694 | -24.4% |
P
S
|
4,201,298 | $1,079,695,847 | 1999 Q1 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
CVS
CVS Health Corp...
|
Healthcare | 4.55% | 4.49% |
#5
Prev: #5
|
4.3 | 1,356,870 | 11.9% |
P
S
|
12,760,511 | $1,012,674,950 | 1999 Q1 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
MGM
MGM Resorts Int...
|
Consumer Cyclical | 4.40% | 4.33% |
#6
Prev: #6
|
3.8 | 2,866,750 | 12.0% |
P
S
|
26,820,202 | $978,669,323 | 2023 Q3 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
GOOGL
Alphabet Inc., ...
|
Communication Services | 4.39% | 3.52% |
#7
4
Prev: #11
|
3.8 | 348,166 | 12.6% |
P
S
|
3,118,760 | $976,174,798 | 2015 Q4 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
VTRS
Viatris Inc.
|
Healthcare | 4.37% | 3.58% |
#8
2
Prev: #10
|
3.7 | 8,832,339 | 12.7% |
P
S
|
78,177,984 | $973,315,913 | 2020 Q4 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
MKL
Markel Group, I...
|
Financial Services | 4.01% | 3.73% |
#9
1
Prev: #8
|
3.6 | 41,632 | 11.1% |
P
S
|
415,160 | $892,495,821 | 1999 Q1 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
CTRA
Coterra Energy,...
|
Energy | 3.85% | 2.46% |
#10
5
Prev: #15
|
4.5 | 12,654,027 | 63.6% |
P
S
|
32,537,508 | $856,387,283 | 2015 Q2 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
AMZN
Amazon.com, Inc...
|
Consumer Cyclical | 3.56% | 3.60% |
#11
2
Prev: #9
|
3.4 | 291,276 | 9.3% |
P
S
|
3,429,262 | $791,545,223 | 1999 Q1 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
WFC
Wells Fargo & C...
|
Financial Services | 3.46% | 3.41% |
#12
Prev: #12
|
3.4 | 471,979 | 6.1% |
P
S
|
8,258,031 | $769,649,182 | 1999 Q1 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
TSN
Tyson Foods Inc
|
Consumer Defensive | 3.38% | 2.82% |
#13
Prev: #13
|
3.9 | 2,865,413 | 28.8% |
P
S
|
12,827,540 | $751,950,994 | 2008 Q1 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
BRK/A
Berkshire Hatha...
|
Financial Services | 3.20% | 3.93% |
#14
7
Prev: #7
|
1.8 | -55 | -5.5% |
P
S
|
943 | $711,776,400 | 1999 Q1 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
TECK
Teck Resources ...
|
Basic Materials | 2.59% | 2.53% |
#15
1
Prev: #14
|
3.0 | 995,947 | 9.0% |
P
S
|
12,019,609 | $575,619,508 | 2021 Q3 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
TXN
Texas Instrumen...
|
Technology | 2.22% | 2.22% |
#16
Prev: #16
|
3.4 | 535,819 | 23.1% |
P
S
|
2,853,227 | $495,008,831 | 1999 Q1 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
SOLV
Solventum Corp.
|
Healthcare | 2.22% | 2.10% |
#17
Prev: #17
|
2.9 | 702,461 | 12.7% |
P
S
|
6,220,072 | $492,879,705 | 2024 Q2 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
UNH
UnitedHealth Gr...
|
Healthcare | 1.89% | 2.05% |
#18
Prev: #18
|
2.8 | 134,097 | 11.8% |
P
S
|
1,273,400 | $420,368,751 | 1999 Q3 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
BRK/B
Berkshire Hatha...
|
Financial Services | 1.67% | 1.40% |
#19
2
Prev: #21
|
3.2 | 205,927 | 38.6% |
P
S
|
739,875 | $371,908,140 | 2010 Q1 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
CB
Chubb Ltd.
|
Financial Services | 1.66% | 1.58% |
#20
Prev: #20
|
2.7 | 116,202 | 10.9% |
P
S
|
1,186,647 | $370,380,411 | 1999 Q1 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
TCOM
Trip.com Group ...
|
Consumer Cyclical | 1.63% | 1.94% |
#21
2
Prev: #19
|
1.2 | 111,944 | 2.3% |
P
S
|
5,053,389 | $363,389,353 | 2019 Q4 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
PINS
Pinterest, Inc....
|
Communication Services | 1.37% | 1.33% |
#22
1
Prev: #23
|
3.0 | 3,909,926 | 49.5% |
P
S
|
11,801,983 | $305,553,581 | 2025 Q3 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
DGX
Quest Diagnosti...
|
Healthcare | 1.24% | 1.35% |
#23
1
Prev: #22
|
2.5 | 228,271 | 16.8% |
P
S
|
1,589,883 | $275,895,498 | 2008 Q2 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
QSR
Restaurant Bran...
|
Consumer Cyclical | 1.23% | 1.19% |
#24
1
Prev: #25
|
2.5 | 478,403 | 13.5% |
P
S
|
4,020,791 | $274,339,592 | 2025 Q1 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
OC
Owens Corning
|
Industrials | 1.03% | 1.31% |
#25
1
Prev: #24
|
2.4 | 269,216 | 15.1% |
P
S
|
2,046,583 | $229,034,800 | 1999 Q1 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
GOOG
Alphabet Inc., ...
|
Communication Services | 1.00% | 0.82% |
#26
6
Prev: #32
|
2.4 | 64,912 | 10.0% |
P
S
|
710,963 | $223,101,674 | 2008 Q1 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
AGCO
AGCO Corporatio...
|
Industrials | 0.96% | 1.01% |
#27
Prev: #27
|
2.4 | 235,913 | 13.0% |
P
S
|
2,048,835 | $213,736,210 | 2023 Q4 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
CI
Cigna Group
|
Healthcare | 0.93% | 0.99% |
#28
Prev: #28
|
2.4 | 96,534 | 14.7% |
P
S
|
752,852 | $207,212,398 | 1999 Q3 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
YMM
Full Truck Alli...
|
Technology | 0.85% | 1.01% |
#29
3
Prev: #26
|
2.3 | 2,555,751 | 17.1% |
P
S
|
17,537,524 | $188,177,633 | 2024 Q4 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
JPM
JPMorgan Chase ...
|
Financial Services | 0.83% | 0.98% |
#30
1
Prev: #29
|
0.8 | -24,040 | -4.0% |
P
S
|
571,586 | $184,176,369 | 1999 Q1 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
DUSA
Davis Select U....
|
ETF | 0.78% | 0.85% |
#31
1
Prev: #30
|
0.8 | 1,228 | 0.0% |
P
S
|
3,384,566 | $173,052,858 | 2017 Q1 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
N/A
JBS N.V., Class...
|
—
|
Unknown | 0.77% | — |
#32
Prev: #—
|
3.8 | 11,854,741 | no change |
NEW
|
11,854,741 | $170,945,362 | — | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | ||
|
COP
ConocoPhillips
|
Energy | 0.76% | 0.79% |
#33
Prev: #33
|
2.3 | 198,576 | 12.4% |
P
S
|
1,797,887 | $168,301,392 | 2002 Q3 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
APP
AppLovin Corp.,...
|
Communication Services | 0.75% | 0.84% |
#34
3
Prev: #31
|
2.3 | 24,407 | 10.9% |
P
S
|
247,981 | $167,098,339 | 2025 Q1 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
FITB
Fifth Third Ban...
|
Financial Services | 0.58% | 0.62% |
#35
1
Prev: #34
|
0.7 | 75,441 | 2.8% |
P
S
|
2,744,310 | $128,461,151 | 1999 Q1 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
DINT
Davis Select In...
|
ETF | 0.50% | 0.57% |
#36
Prev: #36
|
0.7 | 2,371 | 0.1% |
P
S
|
3,892,451 | $110,934,845 | 2018 Q1 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
PNC
PNC Financial S...
|
Financial Services | 0.50% | 0.53% |
#37
Prev: #37
|
2.2 | 28,272 | 5.6% |
P
S
|
530,089 | $110,645,477 | 2011 Q4 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
DFNL
Davis Select Fi...
|
ETF | 0.46% | 0.50% |
#38
1
Prev: #39
|
0.7 | 501 | 0.0% |
P
S
|
2,130,361 | $102,960,342 | 2017 Q1 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
DAR
Darling Ingredi...
|
Consumer Defensive | 0.46% | 0.40% |
#39
6
Prev: #45
|
2.2 | 388,366 | 15.8% |
P
S
|
2,842,306 | $102,323,526 | 2021 Q2 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
IAC
IAC Inc.
|
Communication Services | 0.44% | 0.40% |
#40
4
Prev: #44
|
2.2 | 270,383 | 12.1% |
P
S
|
2,514,072 | $98,300,787 | 2020 Q3 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
DWLD
Davis Select Wo...
|
ETF | 0.40% | 0.45% |
#41
Prev: #41
|
0.7 | 1,173 | 0.1% |
P
S
|
1,917,460 | $89,430,314 | 2017 Q1 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
AXP
American Expres...
|
Financial Services | 0.40% | 0.43% |
#42
Prev: #42
|
0.7 | -6,240 | -2.5% |
P
S
|
241,700 | $89,416,822 | 1999 Q1 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
WCC
Wesco Internati...
|
Industrials | 0.40% | 0.32% |
#43
3
Prev: #46
|
2.7 | 71,932 | 24.6% |
P
S
|
364,502 | $89,172,369 | 2015 Q1 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
RNR
RenaissanceRe H...
|
Financial Services | 0.29% | 0.19% |
#44
8
Prev: #52
|
3.1 | 86,594 | 60.5% |
P
S
|
229,739 | $64,593,417 | 2008 Q1 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
BAC
Bank of America...
|
Financial Services | 0.28% | 0.31% |
#45
4
Prev: #49
|
0.6 | -716 | -0.1% |
P
S
|
1,149,873 | $63,243,015 | 1999 Q1 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
L
Loews Corp.
|
Financial Services | 0.28% | 0.31% |
#46
2
Prev: #48
|
0.6 | 4,349 | 0.7% |
P
S
|
600,046 | $63,190,844 | 2000 Q3 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
RKT
Rocket Companie...
|
Financial Services | 0.28% | 0.32% |
#47
Prev: #47
|
0.6 | 93,676 | 3.0% |
P
S
|
3,227,910 | $62,492,338 | 2020 Q3 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
CHYM
Chime Financial...
|
Technology | 0.28% | 0.25% |
#48
2
Prev: #50
|
0.6 | 72,940 | 3.0% |
P
S
|
2,472,106 | $62,222,908 | 2025 Q3 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
BK
Bank of New Yor...
|
Financial Services | 0.27% | 0.57% |
#49
14
Prev: #35
|
0.1 | -488,959 | -48.4% |
P
S
|
521,722 | $60,566,667 | 1999 Q1 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
NTES
NetEase Inc. - ...
|
Communication Services | 0.26% | 0.47% |
#50
10
Prev: #40
|
0.1 | -168,576 | -28.3% |
P
S
|
426,164 | $58,649,113 | 2009 Q4 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) |
Showing 1-50 of 110 holdings