DAVIS SELECTED ADVISERS — 13F Holdings & Portfolio

CIK 1036325 · latest 13F-HR filed 2026-08-11

DAVIS SELECTED ADVISERS manages $23.29B in 13F-reported U.S. long-equity assets across 112 reported positions as of its 2026-06-30 13F-HR filing. Its largest disclosed positions are COF (7.13%), USB (5.56%), CVS (5.27%). Quarter over quarter (versus its 2026-03-31 filing) the fund opened 2 new positions, exited 2, added to 53, and trimmed 30.

AUM is the long-equity portion reported on Form 13F-HR. Excludes short positions, cash, foreign holdings, and non-13F assets. For informational purposes only — not investment advice.

Loading holdings…
AUM

$23.29B

Long-equity book

Holdings

112

Distinct positions

Period

2026-06-30

Filed 2026-08-11

Q/Q Activity

+2 / −2 / ↑53 / ↓30

vs 2026-03-31

Portfolio charts

Latest quarter's book, what changed, and how the portfolio has evolved across filings.

Firm Profile & Key People
Name Title / Status Ownership Type

Quarter-over-quarter changes

Share-count changes vs the prior 13F.

Top Adds (vs prior quarter)

  • CVS Health Corporation$348.5M +39.6%
  • Amazon.com, Inc.$305.9M +42.9%
  • MGM Resorts International$243.6M +27.1%
  • UnitedHealth Group Inc.$192.3M +57.0%
  • Texas Instruments, Inc.$173.3M +31.3%
Show all 53 →

Top Trims

  • Applied Materials, Inc.-$335.1M -81.9%
  • Tyson Foods Inc-$114.2M -13.6%
  • Restaurant Brands International, Inc.-$62.9M -23.7%
  • Meta Platforms, Inc., Class A-$54.9M -5.6%
  • ConocoPhillips-$52.4M -21.2%
Show all 30 →

New Positions

  • Devon Energy Corp.$1.05B
  • SBA Communications Corp-CL A$7.2M
Show all 2 →

Exited Positions

  • Coterra Energy, Inc.$1.30B
  • Crown Castle, Inc.$3.4M
Show all 2 →
All Holdings

Rows tagged Call or Put are options positions, not stock. Per SEC Form 13F-HR, Value shows the notional value of the underlying (shares covered × underlying price), not the option premium. Shares is the number of underlying shares covered (divide by 100 for contract count).

# Issuer Symbol CUSIP Value Weight Shares Type
1 Capital One Financial Corp. COF 14040H105 $1.66B 7.13% 8,270,946 SH
2 U.S. Bancorp USB 902973304 $1.30B 5.56% 21,453,510 SH
3 CVS Health Corporation CVS 126650100 $1.23B 5.27% 11,865,916 SH
4 Viatris Inc. VTRS 92556V106 $1.19B 5.13% 75,232,254 SH
5 MGM Resorts International MGM 552953101 $1.14B 4.91% 23,903,317 SH
6 Alphabet Inc., Class A GOOGL 02079K305 $1.05B 4.51% 2,937,160 SH
7 Devon Energy Corp. DVN 25179M103 $1.05B 4.49% 25,297,991 SH
8 Amazon.com, Inc. AMZN 023135106 $1.02B 4.38% 4,276,176 SH
9 Meta Platforms, Inc., Class A META 30303M102 $928.7M 3.99% 1,648,172 SH
10 Markel Group, Inc MKL 570535104 $794.4M 3.41% 406,759 SH
11 Texas Instruments, Inc. TXN 882508104 $726.5M 3.12% 2,437,486 SH
12 Tyson Foods Inc TSN 902494103 $724.5M 3.11% 12,653,717 SH
13 Wells Fargo & Co. WFC 949746101 $661.9M 2.84% 8,008,728 SH
14 Berkshire Hathaway Inc., Class A BRK.A 084670108 $650.0M 2.79% 868 SH
15 Cigna Group CI 125523100 $621.2M 2.67% 2,253,424 SH
16 JBS N.V., Class A JBS N4732M103 $592.7M 2.54% 50,016,236 SH
17 UnitedHealth Group Inc. UNH 91324P102 $529.8M 2.28% 1,274,650 SH
18 Teck Resources Ltd., Class B TECK 878742204 $497.3M 2.14% 8,363,497 SH
19 Solventum Corp. SOLV 83444M101 $486.7M 2.09% 6,307,729 SH
20 LyondellBasell Industries N.V. LYB N53745100 $458.0M 1.97% 8,698,852 SH
21 Chubb Ltd. CB H1467J104 $391.2M 1.68% 1,148,090 SH
22 Berkshire Hathaway Inc., Class B BRK.B 084670702 $369.5M 1.59% 738,433 SH
23 Trip.com Group Ltd., ADR TCOM 89677Q107 $349.1M 1.50% 8,761,371 SH
24 Owens Corning OC 690742101 $330.7M 1.42% 2,081,213 SH
25 Quest Diagnostics Inc. DGX 74834L100 $329.8M 1.42% 1,555,612 SH
26 Pinterest, Inc., Class A PINS 72352L106 $264.5M 1.14% 12,574,721 SH
27 AGCO Corporation AGCO 001084102 $246.4M 1.06% 2,058,488 SH
28 Full Truck Alliance Co. Ltd., ADR YMM 35969L108 $224.4M 0.96% 27,639,082 SH
29 Restaurant Brands International, Inc. QSR 76131D103 $203.0M 0.87% 2,800,345 SH
30 Alphabet Inc., Class C GOOG 02079K107 $199.4M 0.86% 564,274 SH
31 ConocoPhillips COP 20825C104 $195.2M 0.84% 1,877,583 SH
32 Sea Ltd., Class A, ADR SE 81141R100 $192.8M 0.83% 2,011,812 SH
33 Davis Select U.S. Equity ETF DUSA 23908L207 $191.1M 0.82% 3,400,745 SH
34 AppLovin Corp., Class A APP 03831W108 $162.7M 0.70% 315,539 SH
35 JPMorgan Chase & Co. JPM 46625H100 $155.9M 0.67% 476,389 SH
36 Fifth Third Bancorp FITB 316773100 $151.3M 0.65% 2,684,183 SH
37 Wesco International, Inc. WCC 95082P105 $125.5M 0.54% 363,915 SH
38 PNC Financial Services Group, Inc. PNC 693475105 $122.1M 0.52% 496,066 SH
39 Davis Select International ETF DINT 23908L405 $111.6M 0.48% 3,915,748 SH
40 People Inc. PPLI 44891N208 $110.5M 0.47% 2,394,024 SH
41 Davis Select Financial ETF DFNL 23908L108 $105.2M 0.45% 2,130,666 SH
42 Davis Select Worldwide ETF DWLD 23908L306 $89.5M 0.38% 1,935,585 SH
43 NetEase Inc. - ADR NTES 64110W102 $78.5M 0.34% 612,955 SH
44 RenaissanceRe Holdings Ltd RNR G7496G103 $74.3M 0.32% 234,528 SH
45 Applied Materials, Inc. AMAT 038222105 $74.1M 0.32% 102,521 SH
46 American Express Co. AXP 025816109 $71.0M 0.30% 209,821 SH
47 Rocket Companies, Inc., Class A RKT 77311W101 $70.3M 0.30% 4,463,148 SH
48 Loews Corp. L 540424108 $61.7M 0.27% 545,211 SH
49 Bank of N.T. Butterfield & Son Limited NTB G0772R208 $60.2M 0.26% 1,012,140 SH
50 Bank of America Corp. BAC 060505104 $56.6M 0.24% 992,776 SH
Filing History
Period Filed AUM Holdings Accession
2026-06-30 2026-08-11 $23.29B 112 0001036325-26-000020
2026-03-31 2026-05-07 $21.78B 112 0001036325-26-000016
2025-12-31 2026-02-02 $22.25B 108 0001036325-26-000004
Filer Information
Address
2949 E. ELVIRA ROAD
SUITE 101
TUCSON, AZ 85756
Phone
(520) 806-7600
Filing Manager
Davis Selected Advisers
Tucson, AZ
Signatory
Michaela McLoughry
Chief Compliance Officer