What Christopher Davis Bought in Q4 2025
Davis Selected Advisers · Quarterly 13F recap as filed with the SEC.
Period: 2025-12-31 · Filed · Historical
$22.25B
Total Value
108
Holdings
4
New Buys
47
Reduced
In Q4 2025, Christopher Davis reported 108 long equity positions worth $22.25B in their Davis Selected Advisers 13F filing, including 4 new positions (largest: JBS N.V., Class A at $170.9M) and 50 increased positions.
| Rank | Ticker | Company | Shares | Value | % Portfolio | Change |
|---|---|---|---|---|---|---|
| 1 | COF | Capital One Financial | 8614766 | $2.09B | 9.38% | +2.8% |
| 2 | USB | U.S. Bancorp | 22041759 | $1.18B | 5.29% | +13.4% |
| 3 | META | Meta Platforms, Inc., Class A | 1752974 | $1.16B | 5.20% | +2.2% |
| 4 | AMAT | Applied Materials, Inc. | 4201298 | $1.08B | 4.85% | -24.4% |
| 5 | CVS | CVS Health Corporation | 12760511 | $1.01B | 4.55% | +11.9% |
| 6 | MGM | MGM Resorts International | 26820202 | $978.7M | 4.40% | +12.0% |
| 7 | GOOGL | Alphabet Inc., Class A | 3118760 | $976.2M | 4.39% | +12.6% |
| 8 | VTRS | Viatris Inc. | 78177984 | $973.3M | 4.37% | +12.7% |
| 9 | MKL | Markel Group, Inc | 415160 | $892.5M | 4.01% | +11.1% |
| 10 | CTRA | Coterra Energy, Inc. | 32537508 | $856.4M | 3.85% | +63.6% |
| 11 | AMZN | Amazon.com, Inc. | 3429262 | $791.5M | 3.56% | +9.3% |
| 12 | WFC | Wells Fargo & Co. | 8258031 | $769.6M | 3.46% | +6.1% |
| 13 | TSN | Tyson Foods Inc | 12827540 | $752.0M | 3.38% | 28.8% |
| 14 | BRK.A | Berkshire Hathaway Inc. Class A | 943 | $711.8M | 3.20% | -5.5% |
| 15 | TCKRF | Teck Resources Ltd., Class B | 12019609 | $575.6M | 2.59% | +9.0% |
| 16 | TXN | Texas Instruments, Inc. | 2853227 | $495.0M | 2.22% | +23.1% |
| 17 | SOLV | Solventum Corp. | 6220072 | $492.9M | 2.22% | +12.7% |
| 18 | UNH | UnitedHealth Group Inc. | 1273400 | $420.4M | 1.89% | +11.8% |
| 19 | BRK.B | Berkshire Hathaway Inc. Class B | 739875 | $371.9M | 1.67% | +38.6% |
| 20 | CB | Chubb Ltd. | 1186647 | $370.4M | 1.66% | +10.9% |
| 21 | TRPCF | Trip.com Group Ltd., ADR | 5053389 | $363.4M | 1.63% | +2.3% |
| 22 | PINS | Pinterest, Inc., Class A | 11801983 | $305.6M | 1.37% | 49.5% |
| 23 | DGX | Quest Diagnostics Inc. | 1589883 | $275.9M | 1.24% | +16.8% |
| 24 | QSR | Restaurant Brands International, Inc. | 4020791 | $274.3M | 1.23% | +13.5% |
| 25 | OC | Owens Corning | 2046583 | $229.0M | 1.03% | +15.1% |
| 26 | GOOG | Alphabet Inc., Class C | 710963 | $223.1M | 1.00% | +10.0% |
| 27 | AGCO | AGCO Corporation | 2048835 | $213.7M | 0.96% | +13.0% |
| 28 | CI | Cigna Group | 752852 | $207.2M | 0.93% | +14.7% |
| 29 | YMM | Full Truck Alliance Co. Ltd., ADR | 17537524 | $188.2M | 0.85% | +17.1% |
| 30 | JPM | JPMorgan Chase & Co. | 571586 | $184.2M | 0.83% | -4.0% |
| 31 | DUSA | Davis Select U.S. Equity ETF | 3384566 | $173.1M | 0.78% | +0.0% |
| 32 | JBS | JBS N.V., Class A | 11854741 | $170.9M | 0.77% | NEW |
| 33 | COP | ConocoPhillips | 1797887 | $168.3M | 0.76% | +12.4% |
| 34 | APP | AppLovin Corp., Class A | 247981 | $167.1M | 0.75% | +10.9% |
| 35 | FITB | Fifth Third Bancorp | 2744310 | $128.5M | 0.58% | +2.8% |
| 36 | DINT | Davis Select International ETF | 3892451 | $110.9M | 0.50% | +0.1% |
| 37 | PNC | PNC Financial Services Group, Inc. | 530089 | $110.6M | 0.50% | +5.6% |
| 38 | DFNL | Davis Select Financial ETF | 2130361 | $103.0M | 0.46% | +0.0% |
| 39 | DAR | Darling Ingredients Inc. | 2842306 | $102.3M | 0.46% | +15.8% |
| 40 | PPLI | IAC Inc. | 2514072 | $98.3M | 0.44% | +12.1% |
| 41 | DWLD | Davis Select Worldwide ETF | 1917460 | $89.4M | 0.40% | +0.1% |
| 42 | AXP | American Express Co. | 241700 | $89.4M | 0.40% | -2.5% |
| 43 | WCC | Wesco International, Inc. | 364502 | $89.2M | 0.40% | +24.6% |
| 44 | RNR-PG | RenaissanceRe Holdings Ltd | 229739 | $64.6M | 0.29% | +60.5% |
| 45 | BAC | Bank of America Corp. | 1149873 | $63.2M | 0.28% | -0.1% |
| 46 | L | Loews Corp. | 600046 | $63.2M | 0.28% | +0.7% |
| 47 | RKT | Rocket Companies, Inc., Class A | 3227910 | $62.5M | 0.28% | +3.0% |
| 48 | CHYM | Chime Financial, Inc. | 2472106 | $62.2M | 0.28% | +3.0% |
| 49 | BNY | Bank of New York Mellon Corp. | 521722 | $60.6M | 0.27% | +-48.4% |
| 50 | NTES | NetEase Inc. - ADR | 426164 | $58.6M | 0.26% | -28.3% |
| 51 | SE | Sea Ltd., Class A, ADR | 436534 | $55.7M | 0.25% | -0.9% |
| 52 | NTB | Bank of N.T. Butterfield & Son | 1053710 | $52.5M | 0.24% | -0.5% |
| 53 | EG | Everest Group, Ltd. | 118017 | $40.0M | 0.18% | 199.3% |
| 54 | FISV | Fiserv, Inc. | 568982 | $38.2M | 0.17% | NEW |
| 55 | VALE | Vale S.A., ADR | 2931198 | $38.2M | 0.17% | — |
| 56 | SCHW | Charles Schwab Corp. | 301695 | $30.1M | 0.14% | +1.8% |
| 57 | MSFT | Microsoft Corp. | 60801 | $29.4M | 0.13% | +16.2% |
| 58 | BEKE | KE Holdings Inc., Class A, ADR | 1851804 | $29.2M | 0.13% | — |
| 59 | IVE | iShares S&P 500 Value Index Fund | 127053 | $26.9M | 0.12% | 1821.0% |
| 60 | JCI | Johnson Controls International plc | 209960 | $25.1M | 0.11% | +12.9% |
| 61 | PLD | Prologis, Inc. | 180126 | $23.0M | 0.10% | -9.1% |
| 62 | NVDA | NVIDIA Corp. | 111038 | $20.7M | 0.09% | 23.7% |
| 63 | STT | State Street Corp. | 143773 | $18.5M | 0.08% | +38.5% |
| 64 | EQIX | Equinix, Inc. | 20773 | $15.9M | 0.07% | -4.7% |
| 65 | BXP | BXP, Inc. | 233910 | $15.8M | 0.07% | -2.4% |
| 66 | ORCL | Oracle Corporation | 79416 | $15.5M | 0.07% | +18.4% |
| 67 | BRX | Brixmor Property Group, Inc. | 555970 | $14.6M | 0.07% | -2.5% |
| 68 | AVB | AvalonBay Communities, Inc. | 78840 | $14.3M | 0.06% | +18.4% |
| 69 | SAP | SAP SE - ADR | 56347 | $13.7M | 0.06% | +20.4% |
| 70 | REXR-PC | Rexford Industrial Realty, Inc. | 344830 | $13.4M | 0.06% | -12.7% |
| 71 | CUZ | Cousins Properties, Inc. | 499615 | $12.9M | 0.06% | -2.5% |
| 72 | ANGI | ANGI Inc., Class A | 948993 | $12.3M | 0.06% | -0.0% |
| 73 | DLR-PL | Digital Realty Trust, Inc. | 79250 | $12.3M | 0.06% | -2.5% |
| 74 | SPG-PJ | Simon Property Group, Inc. | 66183 | $12.3M | 0.06% | -13.7% |
| 75 | SHO-PI | Sunstone Hotel Investors, Inc. | 1279610 | $11.4M | 0.05% | -2.5% |
| 76 | PSA-PS | Public Storage, Inc. | 43520 | $11.3M | 0.05% | -2.4% |
| 77 | MTB | M & T Bank Corp | 55846 | $11.3M | 0.05% | +9.4% |
| 78 | AMT | American Tower Corp | 63970 | $11.2M | 0.05% | -2.6% |
| 79 | NOAH | Noah Holdings Ltd., Class A, ADS | 1021585 | $10.3M | 0.05% | — |
| 80 | CPT | Camden Property Trust | 86930 | $9.6M | 0.04% | -2.5% |
| 81 | TFC-PR | Truist Financial Corp. | 192053 | $9.5M | 0.04% | +22.8% |
| 82 | JD | JD.com Inc., Class A, ADR | 329221 | $9.4M | 0.04% | -3.7% |
| 83 | REGCP | Regency Centers Corporation | 136650 | $9.4M | 0.04% | -2.5% |
| 84 | EGP | Eastgroup Properties, Inc. | 51630 | $9.2M | 0.04% | -2.5% |
| 85 | AMH-PG | American Homes 4 Rent - Class A | 278610 | $8.9M | 0.04% | -2.4% |
| 86 | VTR | Ventas, Inc. | 114410 | $8.9M | 0.04% | -2.5% |
| 87 | ARE | Alexandria Real Estate Equities, Inc. | 178127 | $8.7M | 0.04% | -1.1% |
| 88 | MAA | Mid-America Apartment Communities, Inc. | 59380 | $8.2M | 0.04% | -2.4% |
| 89 | CDP | COPT Defense Properties | 294740 | $8.2M | 0.04% | -2.4% |
| 90 | DOC | Healthpeak Properties, Inc. | 435936 | $7.0M | 0.03% | -2.4% |
| 91 | TRNO | Terreno Realty Corp. | 117937 | $6.9M | 0.03% | -2.5% |
| 92 | EQR | Equity Residential | 104515 | $6.6M | 0.03% | -2.5% |
| 93 | VICI | VICI Properties, Inc. | 216240 | $6.1M | 0.03% | -2.4% |
| 94 | CHCT | Community Healthcare Trust, Inc. | 325560 | $5.3M | 0.02% | -2.3% |
| 95 | SUI | Sun Communities, Inc. | 42840 | $5.3M | 0.02% | -2.5% |
| 96 | O | Realty Income Corp. | 91390 | $5.2M | 0.02% | -2.3% |
| 97 | ESS | Essex Property Trust, Inc. | 16511 | $4.3M | 0.02% | -2.6% |
| 98 | UDR | UDR, Inc. | 113280 | $4.2M | 0.02% | -39.2% |
| 99 | SNPS | Synopsys, Inc. | 8655 | $4.1M | 0.02% | — |
| 100 | CCI | Crown Castle, Inc. | 42160 | $3.7M | 0.02% | -2.5% |
| 101 | EXR | Extra Space Storage, Inc. | 27955 | $3.6M | 0.02% | -49.2% |
| 102 | HPP-PC | Hudson Pacific Properties, Inc. | 324026 | $3.5M | 0.02% | NEW |
| 103 | DEI | Douglas Emmett, Inc | 309810 | $3.4M | 0.02% | -2.5% |
| 104 | NTST | NetSTREIT Corp. | 189600 | $3.3M | 0.02% | -44.6% |
| 105 | CUBE | CubeSmart | 90930 | $3.3M | 0.01% | NEW |
| 106 | TSM | Taiwan Semiconductor Manufacturing, ADR | 7200 | $2.2M | 0.01% | — |
| 107 | LRCX | Lam Research Corp. | 12280 | $2.1M | 0.01% | — |
| 108 | CCK | Crown Holdings, Inc. | 8570 | $882K | 0.00% | — |