Davis Asset Management, L.P. — 13F Holdings & Portfolio
CIK 1945894 · latest 13F-HR filed 2026-05-15
Davis Asset Management, L.P. manages $3.46B in 13F-reported U.S. long-equity assets across 85 reported positions as of its 2026-03-31 13F-HR filing. Its largest disclosed positions are BRK.A (9.87%), META (8.53%), GOOG (8.30%). Quarter over quarter (versus its 2025-12-31 filing) the fund opened 56 new positions, exited 1, added to 17, and trimmed 7.
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.
$3.46B
Long-equity book
85
Distinct positions
2026-03-31
Filed 2026-05-15
+56 / −1 / ↑17 / ↓7
vs 2025-12-31
| Name | Title / Status | Ownership | Type |
|---|
Top Adds (vs prior quarter)
- Berkshire Hathaway Inc Del Cl A Frmly$250.5M +276.6%
- Berkshire Hathaway Inc Del Cl B Frmly$60.8M +67.2%
- Corebridge Financial$32.9M +31.1%
- Markel$27.7M +25.8%
- Chubb Limited$20.7M +14.8%
Top Trims
- Meta Platforms-$35.4M -10.7%
- Alphabet Inc-$26.9M -8.6%
- Visa Inc-$8.5M -8.1%
- Global Payments Inc.-$8.4M -7.8%
- Carlyle Group-$4.4M -7.4%
New Positions
- JPMorgan Chase & Co$137.9M
- Progressive Corp$100.0M
- Goldman Sachs Group Inc.$78.2M
- Wells Fargo$26.9M
- American Express Company$19.1M
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 | Berkshire Hathaway Inc Del Cl A Frmly | BRK.A | 084670108 | $341.1M | 9.87% | 475 | SH |
| 2 | Meta Platforms | META | 30303M102 | $294.6M | 8.53% | 515,000 | SH |
| 3 | Alphabet Inc | GOOG | 02079K107 | $286.9M | 8.30% | 1,000,000 | SH |
| 4 | Western Alliance Bancorp | WAL | 957638109 | $218.4M | 6.32% | 3,083,000 | SH |
| 5 | Chubb Limited | CB | H1467J104 | $161.2M | 4.66% | 494,556 | SH |
| 6 | Berkshire Hathaway Inc Del Cl B Frmly | BRK.B | 084670702 | $151.3M | 4.38% | 315,643 | SH |
| 7 | Corebridge Financial | CRBG | 21871X109 | $138.5M | 4.01% | 5,804,000 | SH |
| 8 | JPMorgan Chase & Co | JPM | 46625H100 | $137.9M | 3.99% | 468,786 | SH |
| 9 | Markel | MKL | 570535104 | $135.2M | 3.91% | 70,631 | SH |
| 10 | AXOS Financial Inc | AX | 05465C100 | $124.0M | 3.59% | 1,535,219 | SH |
| 11 | Accenture PLC Cl A | ACN | G1151C101 | $107.1M | 3.10% | 540,000 | SH |
| 12 | Progressive Corp | PGR | 743315103 | $100.0M | 2.89% | 504,510 | SH |
| 13 | Global Payments Inc. | GPN | 37940X102 | $99.9M | 2.89% | 1,485,000 | SH |
| 14 | Visa Inc | V | 92826C839 | $96.7M | 2.80% | 320,000 | SH |
| 15 | First American Financial Corp | FAF | 31847R102 | $90.4M | 2.62% | 1,500,000 | SH |
| 16 | M&T Bank | MTB | 55261F104 | $84.8M | 2.45% | 410,000 | SH |
| 17 | Goldman Sachs Group Inc. | GS | 38141G104 | $78.2M | 2.26% | 92,391 | SH |
| 18 | Alibaba | BABA | 01609W102 | $76.2M | 2.21% | 607,561 | SH |
| 19 | Servisfirst Bancshares Inc | SFBS | 81768T108 | $66.3M | 1.92% | 910,376 | SH |
| 20 | Equity Residential | EQR | 29476L107 | $63.2M | 1.83% | 1,068,000 | SH |
| 21 | Arch Capital Group LTD | ACGL | G0450A105 | $62.4M | 1.81% | 650,000 | SH |
| 22 | Five Star Bancorp | FSBC | 33830T103 | $57.0M | 1.65% | 1,511,500 | SH |
| 23 | Carlyle Group | CG | 14316J108 | $54.7M | 1.58% | 1,131,000 | SH |
| 24 | Mastercard Inc | MA | 57636Q104 | $51.0M | 1.47% | 102,000 | SH |
| 25 | TriCo Bancshares | TCBK | 896095106 | $49.8M | 1.44% | 1,046,900 | SH |
| 26 | Ameris Bancorp | ABCB | 03076K108 | $48.5M | 1.40% | 621,800 | SH |
| 27 | Raymond James Financial Inc | RJF | 754730109 | $39.1M | 1.13% | 270,000 | SH |
| 28 | US Bancorp Del Com New | USB | 902973304 | $37.2M | 1.08% | 715,210 | SH |
| 29 | Old Second Bancorp | OSBC | 680277100 | $36.3M | 1.05% | 1,800,000 | SH |
| 30 | FB Financial Corp | FBK | 30257X104 | $32.2M | 0.93% | 619,236 | SH |
| 31 | CNB Financial Corp PA | CCNE | 126128107 | $27.5M | 0.80% | 950,000 | SH |
| 32 | Wells Fargo | WFC | 949746101 | $26.9M | 0.78% | 337,969 | SH |
| 33 | American Express Company | AXP | 025816109 | $19.1M | 0.55% | 63,000 | SH |
| 34 | Marketaxess Hldgs Inc | MKTX | 57060D108 | $18.0M | 0.52% | 108,846 | SH |
| 35 | State Street Corp | STT | 857477103 | $14.7M | 0.42% | 116,000 | SH |
| 36 | Timberland Bancorp Inc | TSBK | 887098101 | $6.9M | 0.20% | 174,476 | SH |
| 37 | Exxon Mobil Corp | XOM | 30231G102 | $4.1M | 0.12% | 24,166 | SH |
| 38 | Johnson & Johnson | JNJ | 478160104 | $3.1M | 0.09% | 12,500 | SH |
| 39 | Applied Materials Inc. | AMAT | 038222105 | $2.3M | 0.07% | 6,626 | SH |
| 40 | BlackRock Inc. | BLK | 09290D101 | $2.0M | 0.06% | 2,100 | SH |
| 41 | The Coca Cola Company | KO | 191216100 | $1.9M | 0.06% | 25,000 | SH |
| 42 | Alphabet Inc | GOOGL | 02079K305 | $1.4M | 0.04% | 4,750 | SH |
| 43 | MGM Resorts International | MGM | 552953101 | $1.2M | 0.03% | 31,458 | SH |
| 44 | Deere & Company | DE | 244199105 | $1.1M | 0.03% | 1,943 | SH |
| 45 | The Travelers Companies Inc. | TRV | 89417E109 | $1.1M | 0.03% | 3,653 | SH |
| 46 | Eli Lily | LLY | 532457108 | $585.9K | 0.02% | 637 | SH |
| 47 | Merck & Co. Inc. | MRK | 58933Y105 | $481.2K | 0.01% | 4,000 | SH |
| 48 | Linde PLC | LIN | G54950103 | $446.2K | 0.01% | 900 | SH |
| 49 | Weyerhaeuser Co. | — | 962166954 | $415.7K | 0.01% | 17,301 | SH |
| 50 | WR Berkley Corp. | WRB | 084423102 | $384.7K | 0.01% | 5,804 | SH |
| Period | Filed | AUM | Holdings | Accession |
|---|---|---|---|---|
| 2026-03-31 | 2026-05-15 | $3.46B | 85 | 0001104659-26-062180 |
| 2025-12-31 | 2026-02-13 | $2.79B | 30 | 0001104659-26-014629 |
| 2025-09-30 | 2025-11-14 | $2.81B | 31 | 0001104659-25-112161 |