Chris Davis

Davis Advisors (Davis Selected Advisers) · Long-term value Third-generation value shop running low-turnover, concentrated portfolios of durable businesses bought at discounts to intrinsic value and held for many years.

source: sec.gov

$23.3B reported 13F equity 112 positions as of 2026Q2 13F: latest change 2026-08-11

Showing all 112 reported 13(f) positions; TradingPilot links only the 15 matching its curated universe — a licensed CUSIP↔ticker database was not used. Unmapped positions render as plain text, exactly as filed.

Portfolio allocation (reported 13F equity)

Long US-listed equity positions only; options excluded.

Capital One Financial Corp.7.1%
U.S. Bancorp5.6%
CVS Health Corporation5.3%
Viatris Inc.5.1%
MGM Resorts International4.9%
GOOGL4.5%
Devon Energy Corp.4.5%
AMZN4.4%
META4.0%
Markel Group, Inc3.4%
Others51.2%

Reported 13F equity value — not a return, not AUM

Long US-listed equity positions only; filed with a ~45-day lag.

#	Ticker	Security (as filed)	% of 13F	Shares	Reported price	Current	Value	Activity
1	—	Capital One Financial Corp.	7.1%	8,270,946	$200.63	—	$1.7B	Trimmed −3%
2	—	U.S. Bancorp	5.6%	21,453,510	$60.41	—	$1.3B	Trimmed −4%
3	—	CVS Health Corporation	5.3%	11,865,916	$103.46	—	$1.2B	New
4	—	Viatris Inc.	5.1%	75,232,254	$15.88	—	$1.2B	New
5	—	MGM Resorts International	4.9%	23,903,317	$47.81	—	$1.1B	Trimmed −2%
6	GOOGL	Alphabet Inc., Class A	4.5%	2,937,160	$357.38	$283.82 -20.6%	$1.0B	Trimmed −5%
7	—	Devon Energy Corp.	4.5%	25,297,991	$41.32	—	$1.0B	New
8	AMZN	Amazon.com, Inc.	4.4%	4,276,176	$238.35	$243.79 +2.3%	$1.0B	Added +25%
9	META	Meta Platforms, Inc., Class A	4.0%	1,648,172	$563.49	$624.52 +10.8%	$928.7M	Trimmed −4%
10	—	Markel Group, Inc	3.4%	406,759	$1,953.00	—	$794.4M	Added +6%
11	—	Texas Instruments, Inc.	3.1%	2,437,486	$298.07	—	$726.5M	Trimmed −14%
12	—	Tyson Foods Inc	3.1%	12,653,717	$57.25	—	$724.5M	Trimmed −3%
13	—	Wells Fargo & Co.	2.8%	8,008,728	$82.65	—	$661.9M	Trimmed −2%
14	—	Berkshire Hathaway Inc., Class A	2.8%	868	$748,859.91	—	$650.0M	Trimmed −6%
15	—	Cigna Group	2.7%	2,253,424	$275.69	—	$621.2M	New
16	—	JBS N.V., Class A	2.5%	50,016,236	$11.85	—	$592.7M	Added +91%
17	—	UnitedHealth Group Inc.	2.3%	1,274,650	$415.67	—	$529.8M	New
18	—	Teck Resources Ltd., Class B	2.1%	8,363,497	$59.46	—	$497.3M	Trimmed −21%
19	—	Solventum Corp.	2.1%	6,307,729	$77.16	—	$486.7M	Trimmed −0%
20	—	LyondellBasell Industries N.V.	2.0%	8,698,852	$52.65	—	$458.0M	Added +55%
21	—	Chubb Ltd.	1.7%	1,148,090	$340.77	—	$391.2M	Trimmed −4%
22	—	Berkshire Hathaway Inc., Class B	1.6%	738,433	$500.40	—	$369.5M	Trimmed −2%
23	—	Trip.com Group Ltd., ADR	1.5%	8,761,371	$39.84	—	$349.1M	Added +34%
24	—	Owens Corning	1.4%	2,081,213	$158.90	—	$330.7M	Trimmed −1%
25	—	Quest Diagnostics Inc.	1.4%	1,555,612	$211.99	—	$329.8M	Trimmed −4%
26	—	Pinterest, Inc., Class A	1.1%	12,574,721	$21.03	—	$264.5M	Added +1%
27	—	AGCO Corporation	1.1%	2,058,488	$119.68	—	$246.4M	Trimmed −1%
28	—	Full Truck Alliance Co. Ltd., ADR	1.0%	27,639,082	$8.12	—	$224.4M	Trimmed −4%
29	—	Restaurant Brands International, Inc.	0.9%	2,800,345	$72.51	—	$203.0M	Trimmed −22%
30	—	Alphabet Inc., Class C	0.9%	564,274	$353.36	—	$199.4M	Trimmed −17%
31	—	ConocoPhillips	0.8%	1,877,583	$103.96	—	$195.2M	Added +0%
32	—	Sea Ltd., Class A, ADR	0.8%	2,011,812	$95.83	—	$192.8M	Added +9%
33	—	Davis Select U.S. Equity ETF	0.8%	3,400,745	$56.18	—	$191.1M	Held +0%
34	APP	AppLovin Corp., Class A	0.7%	315,539	$515.69	$254.91 -50.6%	$162.7M	Trimmed −6%
35	JPM	JPMorgan Chase & Co.	0.7%	476,389	$327.33	$343.58 +5.0%	$155.9M	Trimmed −14%
36	—	Fifth Third Bancorp	0.6%	2,684,183	$56.37	—	$151.3M	Trimmed −5%
37	—	Wesco International, Inc.	0.5%	363,915	$344.87	—	$125.5M	Trimmed −4%
38	—	PNC Financial Services Group, Inc.	0.5%	496,066	$246.22	—	$122.1M	Trimmed −8%
39	—	Davis Select International ETF	0.5%	3,915,748	$28.50	—	$111.6M	Held +0%
40	—	People Inc.	0.5%	2,394,024	$46.16	—	$110.5M	Trimmed −1%
41	—	Davis Select Financial ETF	0.5%	2,130,666	$49.36	—	$105.2M	Held +0%
42	—	Davis Select Worldwide ETF	0.4%	1,935,585	$46.24	—	$89.5M	Held +0%
43	—	NetEase Inc. - ADR	0.3%	612,955	$128.14	—	$78.5M	Added +45%
44	—	RenaissanceRe Holdings Ltd	0.3%	234,528	$316.90	—	$74.3M	Trimmed −9%
45	AMAT	Applied Materials, Inc.	0.3%	102,521	$722.52	$421.66 -41.6%	$74.1M	Trimmed −91%
46	—	American Express Co.	0.3%	209,821	$338.25	—	$71.0M	Trimmed −10%
47	—	Rocket Companies, Inc., Class A	0.3%	4,463,148	$15.75	—	$70.3M	Trimmed −7%
48	—	Loews Corp.	0.3%	545,211	$113.21	—	$61.7M	Trimmed −11%
49	—	Bank of N.T. Butterfield & Son Limited	0.3%	1,012,140	$59.50	—	$60.2M	Trimmed −6%
50	—	Bank of America Corp.	0.2%	992,776	$56.98	—	$56.6M	Trimmed −14%
51	—	Bank of New York Mellon Corp.	0.2%	366,448	$144.61	—	$53.0M	Trimmed −30%
52	—	Chime Financial, Inc.	0.2%	2,331,776	$20.48	—	$47.8M	Trimmed −8%
53	—	Everest Group, Ltd.	0.2%	126,423	$357.23	—	$45.2M	Trimmed −10%
54	—	Vale S.A., ADR	0.2%	2,929,850	$15.04	—	$44.1M	Trimmed −0%
55	MSFT	Microsoft Corp.	0.1%	92,973	$373.28	$530.14 +42.0%	$34.7M	Added +18%
56	NVDA	NVIDIA Corp.	0.1%	154,727	$200.03	$213.66 +6.8%	$31.0M	Added +36%
57	—	KE Holdings Inc., Class A, ADR	0.1%	1,850,782	$14.53	—	$26.9M	Trimmed −0%
58	—	Charles Schwab Corp.	0.1%	289,871	$92.27	—	$26.7M	Trimmed −7%
59	—	Fiserv, Inc.	0.1%	539,839	$49.05	—	$26.5M	Trimmed −8%
60	—	State Street Corp.	0.1%	147,966	$169.60	—	$25.1M	Trimmed −3%
61	—	Prologis, Inc.	0.1%	178,556	$135.47	—	$24.2M	Trimmed −2%
62	—	Johnson Controls International plc	0.1%	141,422	$146.08	—	$20.7M	Trimmed −27%
63	EQIX	Equinix, Inc.	0.1%	19,313	$1,042.39	$1,036.67 -0.5%	$20.1M	Trimmed −9%
64	—	Cousins Properties, Inc.	0.1%	573,605	$29.98	—	$17.2M	Trimmed −2%
65	—	BXP, Inc.	0.1%	232,050	$66.31	—	$15.4M	Trimmed −2%
66	—	Brixmor Property Group, Inc.	0.1%	477,150	$31.53	—	$15.0M	Trimmed −15%
67	ADBE	Adobe Inc.	0.1%	67,894	$205.16	$248.12 +20.9%	$13.9M	Added +50%
68	—	M & T Bank Corp	0.1%	58,072	$238.01	—	$13.8M	Trimmed −4%
69	—	Healthpeak Properties, Inc.	0.1%	631,026	$21.40	—	$13.5M	Trimmed −2%
70	—	Digital Realty Trust, Inc.	0.1%	73,280	$179.58	—	$13.2M	Trimmed −7%
71	—	Public Storage, Inc.	0.1%	37,740	$318.31	—	$12.0M	Trimmed −9%
72	—	AvalonBay Communities, Inc.	0.0%	59,890	$188.69	—	$11.3M	Trimmed −25%
73	SNPS	Synopsys, Inc.	0.0%	24,962	$446.35	$490.19 +9.8%	$11.1M	Trimmed −4%
74	—	Simon Property Group, Inc.	0.0%	49,318	$223.65	—	$11.0M	Trimmed −2%
75	ORCL	Oracle Corporation	0.0%	74,923	$146.47	$139.56 -4.7%	$11.0M	Trimmed −7%
76	—	American Homes 4 Rent - Class A	0.0%	325,590	$33.52	—	$10.9M	Added +17%
77	—	COPT Defense Properties	0.0%	292,700	$36.39	—	$10.7M	Trimmed −2%
78	—	Truist Financial Corp.	0.0%	208,391	$49.82	—	$10.4M	Trimmed −7%
79	—	Eastgroup Properties, Inc.	0.0%	51,230	$202.53	—	$10.4M	Trimmed −2%
80	—	American Tower Corp	0.0%	63,250	$163.57	—	$10.3M	Trimmed −2%
81	—	Sunstone Hotel Investors, Inc.	0.0%	870,120	$11.45	—	$10.0M	Trimmed −2%
82	—	Ventas, Inc.	0.0%	111,420	$88.80	—	$9.9M	Trimmed −2%
83	—	Camden Property Trust	0.0%	86,120	$114.49	—	$9.9M	Trimmed −2%
84	—	Noah Holdings Ltd., Class A, ADS	0.0%	964,486	$9.99	—	$9.6M	Trimmed −6%
85	—	Darling Ingredients Inc.	0.0%	170,846	$54.67	—	$9.3M	Trimmed −9%
86	SAP	SAP SE - ADR	0.0%	60,529	$154.21	$234.07 +51.8%	$9.3M	Trimmed −81%
87	—	Regency Centers Corporation	0.0%	116,340	$79.74	—	$9.3M	Trimmed −16%
88	—	Essex Property Trust, Inc.	0.0%	28,501	$291.59	—	$8.3M	Added +70%
89	—	JD.com Inc., Class A, ADR	0.0%	283,280	$25.48	—	$7.2M	Trimmed −0%
90	—	Terreno Realty Corp.	0.0%	111,037	$64.77	—	$7.2M	Trimmed −2%
91	—	SBA Communications Corp-CL A	0.0%	40,700	$176.46	—	$7.2M	New
92	—	Rexford Industrial Realty, Inc.	0.0%	191,960	$33.50	—	$6.4M	Trimmed −8%
93	—	Equity Residential	0.0%	91,855	$67.93	—	$6.2M	Trimmed −13%
94	—	Community Healthcare Trust, Inc.	0.0%	322,890	$18.28	—	$5.9M	Trimmed −2%
95	—	Realty Income Corp.	0.0%	92,720	$61.96	—	$5.7M	Trimmed −2%
96	—	VICI Properties, Inc.	0.0%	215,360	$26.55	—	$5.7M	Trimmed −2%
97	—	ANGI Inc., Class A	0.0%	932,653	$5.95	—	$5.5M	Trimmed −2%
98	—	Sun Communities, Inc.	0.0%	42,480	$119.91	—	$5.1M	Trimmed −2%
99	—	Hudson Pacific Properties, Inc.	0.0%	315,236	$15.19	—	$4.8M	Trimmed −2%
100	—	Alexandria Real Estate Equities, Inc.	0.0%	80,467	$52.85	—	$4.3M	Trimmed −55%
101	—	Fermi Inc.	0.0%	451,400	$9.16	—	$4.1M	Added +48%
102	—	Extra Space Storage, Inc.	0.0%	27,535	$145.30	—	$4.0M	Trimmed −2%
103	—	Jones Lang LaSalle, Inc.	0.0%	12,295	$309.95	—	$3.8M	Trimmed −1%
104	—	CubeSmart	0.0%	90,280	$39.77	—	$3.6M	Trimmed −2%
105	—	Douglas Emmett, Inc	0.0%	301,580	$11.80	—	$3.6M	Trimmed −2%
106	—	CBRE Group, Inc.	0.0%	25,390	$134.69	—	$3.4M	Trimmed −1%
107	—	Mid-America Apartment Communities, Inc.	0.0%	21,900	$138.94	—	$3.0M	Trimmed −54%
108	TSM	Taiwan Semiconductor Manufacturing, ADR	0.0%	3,980	$477.57	$431.81 -9.6%	$1.9M	Trimmed −45%
109	LRCX	Lam Research Corp.	0.0%	2,780	$433.33	$254.39 -41.3%	$1.2M	Held +0%
110	—	Janus Living, Inc.	0.0%	35,000	$28.74	—	$1.0M	Added +250%
111	—	iShares S&P 500 Value Index Fund	0.0%	3,288	$227.06	—	$746573	Trimmed −72%
112	—	Crown Holdings, Inc.	0.0%	5,470	$111.82	—	$611655	Trimmed −36%
—	—	Coterra Energy, Inc.	—	0	—	—	$0	Sold-Out −100%
—	—	Crown Castle, Inc.	—	0	—	—	$0	Sold-Out −100%

Reported price = value ÷ shares at the quarter-end — an average, NOT the manager's buy/sell price.

Current shows the stock's price change since the filing quarter-end (mapped names only) — it is the STOCK's move, not the manager's realized return (we don't know their cost basis or whether they still hold).

TradingPilot analysis of the reported 13F equity book

As of 2026Q2, Chris Davis's reported 13F book holds 112 equity positions; the top 5 are 28% of it.

Capital One Financial Corp. — 7.1% of 13F
U.S. Bancorp — 5.6% of 13F
CVS Health Corporation — 5.3% of 13F
Viatris Inc. — 5.1% of 13F
MGM Resorts International — 4.9% of 13F

This quarter: 6 new, 16 added, 85 trimmed, 2 sold out.

Biggest share moves:

Coterra Energy, Inc. — Sold-Out (−37,119,404 sh)
JBS N.V., Class A — Added (+23,771,576 sh)
LyondellBasell Industries N.V. — Added (+3,102,264 sh)
Teck Resources Ltd., Class B — Trimmed (−2,221,166 sh)
Trip.com Group Ltd., ADR — Added (+2,206,259 sh)