Investor: Christopher Davis
Number of Assets: 112
Reporting Period: Q1 - 2026
Holdings at Report: $21,781,443,023
Return Since Report: +$1,954,301,407
Return Since Report: +8.97%
Company | Position | Activity | Shares | Port. % | Rep. Price | Curr. Price | Rep. Value | Curr. Value | Return Value | Return % |
|---|---|---|---|---|---|---|---|---|---|---|
| Adobe Inc. (ADBE) | Equity | +100% | 45,139 | 0.05% | $243.10 | $195.16 | $10,973,207 | $8,809,327 | -$2,163,880 | -19.72% |
| Alphabet Inc. (GOOG) | Equity | -4.69% | 677,607 | 0.89% | $286.86 | $367.46 | $194,380,010 | $248,993,468 | +$54,613,458 | +28.10% |
| Amazon.com Inc. (AMZN) | Equity | -0.12% | 3,425,252 | 3.28% | $208.27 | $244.39 | $713,380,223 | $837,097,336 | +$123,717,113 | +17.34% |
| American Express Company (AXP) | Equity | -3.55% | 233,126 | 0.32% | $302.48 | $338.00 | $70,516,043 | $78,796,588 | +$8,280,545 | +11.74% |
| American Homes 4 Rent (AMH) | Equity | -0.52% | 277,170 | 0.04% | $27.92 | $31.71 | $7,738,586 | $8,789,061 | +$1,050,475 | +13.57% |
| Agco Corp. (AGCO) | Equity | +1.85% | 2,086,643 | 1.11% | $115.87 | $113.66 | $241,781,462 | $237,167,843 | -$4,613,619 | -1.91% |
| Alphabet Inc. (GOOGL) | Equity | -0.77% | 3,094,659 | 4.09% | $287.56 | $368.03 | $889,903,016 | $1,138,927,352 | +$249,024,336 | +27.98% |
| Alexandria Real Estate Equities Inc. (ARE) | Equity | +1.50% | 180,807 | 0.04% | $46.42 | $51.03 | $8,393,061 | $9,226,581 | +$833,520 | +9.93% |
| American Tower Corp. (AMT) | Equity | +1.02% | 64,620 | 0.05% | $172.58 | $176.05 | $11,152,120 | $11,376,351 | +$224,231 | +2.01% |
| Angi inc Class A | Equity | 0% | 948,993 | 0.03% | $6.85 | $0.00 | $6,500,602 | $0 | -$6,500,602 | -100% |
| Applied Materials Inc. (AMAT) | Equity | -71.51% | 1,197,102 | 1.88% | $341.80 | $617.11 | $409,163,760 | $738,743,615 | +$329,579,855 | +80.55% |
| Applovin Corp. (APP) | Equity | +35.42% | 335,810 | 0.61% | $398.01 | $469.71 | $133,654,972 | $157,733,315 | +$24,078,343 | +18.02% |
| Avalonbay Communities Inc. (AVB) | Equity | +1.43% | 79,970 | 0.06% | $163.35 | $177.32 | $13,063,100 | $14,180,280 | +$1,117,180 | +8.55% |
| Bank Of America Corp. (BAC) | Equity | +0.81% | 1,159,204 | 0.26% | $48.75 | $56.20 | $56,511,195 | $65,147,265 | +$8,636,070 | +15.28% |
| The Bank Of N.T. Butterfield & Son Limited (NTB) | Equity | +1.84% | 1,073,129 | 0.26% | $52.48 | $58.58 | $56,317,810 | $62,863,897 | +$6,546,087 | +11.62% |
| Berkshire Hathaway Inc. (BRK-A) | Equity | -2.12% | 923 | 3.04% | $718,140.00 | $733,610.00 | $662,843,220 | $677,122,030 | +$14,278,810 | +2.15% |
| Berkshire Hathaway Inc. (BRK-B) | Equity | +1.35% | 749,846 | 1.65% | $479.21 | $489.46 | $359,336,086 | $367,019,623 | +$7,683,537 | +2.14% |
| The Bank Of New York Mellon Corp. (BK) | Equity | +0.67% | 525,228 | 0.29% | $118.63 | $143.98 | $62,307,765 | $75,622,327 | +$13,314,562 | +21.37% |
| Brixmor Property Group Inc. (BRX) | Equity | +1.30% | 563,170 | 0.07% | $28.80 | $30.91 | $16,219,296 | $17,407,585 | +$1,188,289 | +7.33% |
| Bxp Inc. (BXP) | Equity | +1.40% | 237,190 | 0.06% | $51.90 | $70.77 | $12,310,161 | $16,785,936 | +$4,475,775 | +36.36% |
| Camden Property Trust (CPT) | Equity | +1.24% | 88,010 | 0.04% | $97.66 | $108.99 | $8,595,057 | $9,592,210 | +$997,153 | +11.60% |
| Capital One Financial Corp. (COF) | Equity | -0.87% | 8,539,736 | 7.15% | $182.43 | $201.53 | $1,557,906,471 | $1,721,012,996 | +$163,106,525 | +10.47% |
| CBRE Group Inc. (CBRE) | Equity | +100% | 25,610 | 0.02% | $135.46 | $131.55 | $3,469,131 | $3,368,996 | -$100,135 | -2.89% |
| The Charles Schwab Corp. (SCHW) | Equity | +3.08% | 310,982 | 0.13% | $93.98 | $91.70 | $29,226,088 | $28,517,049 | -$709,039 | -2.43% |
| Chime Financial Inc. (CHYM) | Equity | +2.71% | 2,539,206 | 0.22% | $18.73 | $17.60 | $47,559,328 | $44,690,026 | -$2,869,302 | -6.03% |
| Chubb Limited (CB) | Equity | +0.74% | 1,195,391 | 1.79% | $325.93 | $323.40 | $389,618,110 | $386,589,449 | -$3,028,661 | -0.78% |
| Community Healthcare Trust Inc. (CHCT) | Equity | +1.38% | 330,040 | 0.02% | $15.89 | $17.43 | $5,244,336 | $5,752,597 | +$508,261 | +9.69% |
| ConocoPhillips (COP) | Equity | +4.31% | 1,875,428 | 1.14% | $132.00 | $107.74 | $247,558,331 | $202,058,613 | -$45,499,718 | -18.38% |
| The Cigna Group (CI) | Equity | +196.73% | 2,233,929 | 2.74% | $266.75 | $279.27 | $595,905,881 | $623,869,352 | +$27,963,471 | +4.69% |
| Copt Defense Properties (CDP) | Equity | +1.51% | 299,200 | 0.04% | $30.60 | $33.52 | $9,155,520 | $10,029,184 | +$873,664 | +9.54% |
| Cousins Properties Inc. (CUZ) | Equity | +17.38% | 586,465 | 0.06% | $22.57 | $28.28 | $13,236,515 | $16,585,230 | +$3,348,715 | +25.30% |
| Crown Castle Inc. (CCI) | Equity | -0.57% | 41,920 | 0.02% | $81.31 | $82.05 | $3,408,515 | $3,439,536 | +$31,021 | +0.91% |
| Everest Group Ltd. (EG) | Equity | +19.40% | 140,908 | 0.21% | $326.85 | $335.63 | $46,055,780 | $47,292,952 | +$1,237,172 | +2.69% |
| Extra Space Storage Inc. (EXR) | Equity | +0.64% | 28,135 | 0.02% | $131.13 | $145.33 | $3,689,343 | $4,088,860 | +$399,517 | +10.83% |
| Crown Holdings Inc. (CCK) | Equity | 0% | 8,570 | 0.00% | $100.25 | $101.54 | $859,143 | $870,198 | +$11,055 | +1.29% |
| Cubesmart (CUBE) | Equity | +1.47% | 92,270 | 0.02% | $36.65 | $40.62 | $3,381,696 | $3,748,007 | +$366,311 | +10.83% |
| CVS Health Corp. (CVS) | Equity | -4.08% | 12,239,666 | 4.04% | $71.82 | $98.32 | $879,053,606 | $1,203,403,961 | +$324,350,355 | +36.90% |
| Digital Realty Trust Inc. (DLR) | Equity | -0.47% | 78,880 | 0.07% | $180.21 | $188.15 | $14,214,965 | $14,841,272 | +$626,307 | +4.41% |
| Douglas Emmett Inc. (DEI) | Equity | -0.50% | 308,250 | 0.01% | $9.42 | $13.57 | $2,903,715 | $4,181,411 | +$1,277,696 | +44.00% |
| Eastgroup Properties Inc. (EGP) | Equity | +1.43% | 52,370 | 0.04% | $185.09 | $199.97 | $9,693,163 | $10,472,429 | +$779,266 | +8.04% |
| Coterra Energy Inc. (CTRA) | Equity | +14.08% | 37,119,404 | 5.99% | $35.14 | $32.56 | $1,304,375,994 | $1,208,607,794 | -$95,768,200 | -7.34% |
| Equity Residential (EQR) | Equity | +1.20% | 105,765 | 0.03% | $59.15 | $64.09 | $6,256,000 | $6,778,479 | +$522,479 | +8.35% |
| Essex Property Trust Inc. (ESS) | Equity | +1.51% | 16,761 | 0.02% | $242.00 | $273.71 | $4,056,162 | $4,587,653 | +$531,491 | +13.10% |
| Fermi INC | Equity | +100% | 305,730 | 0.01% | $5.84 | N/A | $1,785,463 | N/A | N/A | N/A |
| Davis Select U.S. Equity ETF (DUSA) | Equity | +0.48% | 3,400,745 | 0.79% | $50.74 | $55.86 | $172,553,800 | $189,965,616 | +$17,411,816 | +10.09% |
| Davis Select Worldwide ETF (DWLD) | Equity | +0.95% | 1,935,585 | 0.39% | $43.81 | $46.61 | $84,797,995 | $90,215,681 | +$5,417,686 | +6.39% |
| Darling Ingredients Inc. (DAR) | Equity | -93.39% | 187,905 | 0.05% | $61.85 | $53.68 | $11,622,128 | $10,086,740 | -$1,535,388 | -13.21% |
| Davis Select Financial ETF (DFNL) | Equity | +0.01% | 2,130,666 | 0.44% | $44.84 | $47.94 | $95,539,059 | $102,144,128 | +$6,605,069 | +6.91% |
| Davis Select International ETF (DINT) | Equity | +0.60% | 3,915,748 | 0.48% | $26.91 | $29.23 | $105,392,349 | $114,437,735 | +$9,045,386 | +8.58% |
| Equinix Inc. (EQIX) | Equity | +2.17% | 21,223 | 0.10% | $980.24 | $1,092.19 | $20,803,634 | $23,179,548 | +$2,375,914 | +11.42% |
| Fiserv Inc. (FISV) | Equity | +3.50% | 588,885 | 0.15% | $55.80 | $47.86 | $32,859,783 | $28,184,036 | -$4,675,747 | -14.23% |
| Fifth Third Bancorp. (FITB) | Equity | +2.52% | 2,813,525 | 0.60% | $46.46 | $52.74 | $130,716,372 | $148,385,309 | +$17,668,937 | +13.52% |
| Full Truck Alliance Co. Ltd. (YMM) | Equity | +64.01% | 28,763,191 | 1.10% | $8.30 | $7.80 | $238,734,483 | $224,352,890 | -$14,381,593 | -6.02% |
| Healthpeak Properties Inc. (DOC) | Equity | +48.00% | 645,206 | 0.05% | $16.43 | $19.56 | $10,600,735 | $12,620,229 | +$2,019,494 | +19.05% |
| Hudson Pacific Properties inc | Equity | -0.57% | 322,176 | 0.01% | $5.91 | N/A | $1,904,060 | N/A | N/A | N/A |
| IAC Inc. (IAC) | Equity | -4.01% | 2,413,247 | 0.44% | $40.03 | $42.61 | $96,602,764 | $102,828,455 | +$6,225,691 | +6.44% |
| Ishares S&P 500 Value ETF (IVE) | Equity | -90.85% | 11,624 | 0.01% | $211.15 | $226.38 | $2,454,408 | $2,631,441 | +$177,033 | +7.21% |
| Janus Living inc | Equity | +100% | 10,000 | 0.00% | $23.57 | N/A | $235,700 | N/A | N/A | N/A |
| JBS NV | Equity | +121.39% | 26,244,660 | 2.16% | $17.96 | $0.00 | $471,354,100 | $0 | -$471,354,100 | -100% |
| JD.com Inc. (JD) | Equity | -13.91% | 283,418 | 0.04% | $29.57 | $27.57 | $8,380,670 | $7,813,834 | -$566,836 | -6.76% |
| Markel Group Inc. (MKL) | Equity | -7.64% | 383,433 | 3.37% | $1,914.18 | $1,847.16 | $733,959,392 | $708,262,100 | -$25,697,292 | -3.50% |
| Meta Platforms Inc. (META) | Equity | -1.93% | 1,719,156 | 4.52% | $572.14 | $577.22 | $983,589,944 | $992,331,226 | +$8,741,282 | +0.89% |
| Noah Holdings Limited (NOAH) | Equity | 0% | 1,021,585 | 0.05% | $9.90 | $10.19 | $10,113,691 | $10,409,951 | +$296,260 | +2.93% |
| Public Storage (PSA) | Equity | -5.19% | 41,260 | 0.05% | $270.88 | $318.12 | $11,176,509 | $13,125,631 | +$1,949,122 | +17.44% |
| Regency Centers Corp. (REG) | Equity | +1.45% | 138,630 | 0.05% | $75.66 | $76.88 | $10,488,746 | $10,657,874 | +$169,128 | +1.61% |
| Oracle Corp. (ORCL) | Equity | +1.26% | 80,414 | 0.05% | $147.12 | $184.29 | $11,830,222 | $14,819,496 | +$2,989,274 | +25.27% |
| Loews Corp. (L) | Equity | +2.34% | 614,097 | 0.30% | $106.74 | $107.28 | $65,548,714 | $65,880,326 | +$331,612 | +0.51% |
| Lyondellbasell Industries N.V. (LYB) | Equity | +100% | 5,596,588 | 2.07% | $80.56 | $60.07 | $450,862,358 | $336,187,041 | -$114,675,317 | -25.43% |
| Nvidia Corp. (NVDA) | Equity | +2.27% | 113,556 | 0.09% | $174.40 | $210.69 | $19,804,679 | $23,925,114 | +$4,120,435 | +20.81% |
| Owens Corning (OC) | Equity | +2.66% | 2,100,935 | 1.04% | $108.22 | $128.14 | $227,364,957 | $269,213,811 | +$41,848,854 | +18.41% |
| Pinterest Inc. (PINS) | Equity | +5.07% | 12,400,101 | 1.04% | $18.34 | $20.27 | $227,418,012 | $251,350,047 | +$23,932,035 | +10.52% |
| The Pnc Financial Services Group Inc. (PNC) | Equity | +2.23% | 541,922 | 0.52% | $208.09 | $232.04 | $112,768,549 | $125,747,581 | +$12,979,032 | +11.51% |
| M&T Bank Corp. (MTB) | Equity | +7.98% | 60,305 | 0.06% | $206.72 | $225.12 | $12,466,250 | $13,575,862 | +$1,109,612 | +8.90% |
| MGM Resorts International (MGM) | Equity | -9.41% | 24,295,338 | 4.13% | $37.01 | $46.84 | $899,170,639 | $1,137,993,632 | +$238,822,993 | +26.56% |
| Microsoft Corp. (MSFT) | Equity | +29.09% | 78,489 | 0.13% | $370.18 | $379.40 | $29,055,340 | $29,778,727 | +$723,387 | +2.49% |
| KE Holdings Inc. (BEKE) | Equity | 0% | 1,851,804 | 0.13% | $14.97 | $14.91 | $27,721,505 | $27,610,398 | -$111,107 | -0.40% |
| Lam Research Corp. (LRCX) | Equity | -77.36% | 2,780 | 0.00% | $213.66 | $389.04 | $593,975 | $1,081,531 | +$487,556 | +82.08% |
| Mid-America Apartment Communities Inc. (MAA) | Equity | -19.13% | 48,020 | 0.03% | $122.12 | $132.50 | $5,864,202 | $6,362,650 | +$498,448 | +8.50% |
| Netease Inc. (NTES) | Equity | -0.81% | 422,712 | 0.22% | $111.94 | $121.33 | $47,318,692 | $51,287,647 | +$3,968,955 | +8.39% |
| Prologis Inc. (PLD) | Equity | +1.37% | 182,586 | 0.11% | $132.18 | $140.54 | $24,134,217 | $25,660,636 | +$1,526,419 | +6.32% |
| Quest Diagnostics Inc. (DGX) | Equity | +1.76% | 1,617,813 | 1.46% | $195.98 | $195.00 | $317,062,477 | $315,473,535 | -$1,588,942 | -0.50% |
| Realty Inc.Ome Corp. (O) | Equity | +3.85% | 94,910 | 0.03% | $61.18 | $60.24 | $5,806,594 | $5,717,378 | -$89,216 | -1.54% |
| Renaissancere Holdings Ltd. (RNR) | Equity | +11.95% | 257,190 | 0.35% | $297.23 | $299.17 | $76,444,584 | $76,943,532 | +$498,948 | +0.65% |
| Johnson Controls International PLC (JCI) | Equity | -7.66% | 193,880 | 0.12% | $130.95 | $144.82 | $25,389,044 | $28,077,702 | +$2,688,658 | +10.59% |
| Jones Lang Lasalle Inc. (JLL) | Equity | +100% | 12,395 | 0.02% | $304.32 | $297.29 | $3,772,046 | $3,684,910 | -$87,136 | -2.31% |
| JP Morgan Chase & Co. (JPM) | Equity | -2.65% | 556,452 | 0.75% | $294.16 | $325.22 | $163,685,995 | $180,969,319 | +$17,283,324 | +10.56% |
| Restaurant Brands International Inc. (QSR) | Equity | -10.49% | 3,599,127 | 1.22% | $73.90 | $73.44 | $265,976,460 | $264,319,887 | -$1,656,573 | -0.62% |
| Rexford Industrial Realty Inc. (REXR) | Equity | -39.21% | 209,610 | 0.03% | $32.73 | $33.12 | $6,860,535 | $6,942,283 | +$81,748 | +1.19% |
| Rocket Companies Inc. (RKT) | Equity | +49.43% | 4,823,570 | 0.32% | $14.25 | $14.42 | $68,735,873 | $69,555,879 | +$820,006 | +1.19% |
| Sap Se (SAP) | Equity | +463.33% | 317,422 | 0.25% | $171.21 | $155.22 | $54,346,905 | $49,270,243 | -$5,076,662 | -9.34% |
| Sea Limited (SE) | Equity | +323.75% | 1,849,831 | 0.70% | $82.81 | $91.28 | $153,184,692 | $168,852,574 | +$15,667,882 | +10.23% |
| Simon Property Group Inc. (SPG) | Equity | -23.76% | 50,458 | 0.04% | $186.53 | $211.33 | $9,411,931 | $10,663,289 | +$1,251,358 | +13.30% |
| Solventum Corp. (SOLV) | Equity | +1.77% | 6,330,325 | 1.90% | $65.30 | $75.43 | $413,371,240 | $477,496,415 | +$64,125,175 | +15.51% |
| State Street Corp. (STT) | Equity | +5.86% | 152,200 | 0.09% | $126.56 | $168.31 | $19,262,432 | $25,616,782 | +$6,354,350 | +32.99% |
| Sun Communities Inc. (SUI) | Equity | +1.38% | 43,430 | 0.03% | $125.96 | $118.46 | $5,470,443 | $5,144,718 | -$325,725 | -5.95% |
| Ventas Inc. (VTR) | Equity | -0.47% | 113,870 | 0.04% | $81.78 | $81.60 | $9,312,289 | $9,291,792 | -$20,497 | -0.22% |
| Wells Fargo & Company (WFC) | Equity | -0.81% | 8,190,871 | 2.99% | $79.61 | $82.20 | $652,075,858 | $673,289,596 | +$21,213,738 | +3.25% |
| Wesco International Inc. (WCC) | Equity | +4.53% | 381,007 | 0.48% | $273.62 | $365.36 | $104,251,891 | $139,204,718 | +$34,952,827 | +33.53% |
| U.S. Bancorp. (USB) | Equity | +0.89% | 22,237,960 | 5.31% | $52.01 | $58.14 | $1,156,596,507 | $1,292,914,994 | +$136,318,487 | +11.79% |
| UnitedHealth Group Inc. (UNH) | Equity | -2.04% | 1,247,476 | 1.55% | $270.59 | $400.96 | $337,558,972 | $500,187,977 | +$162,629,005 | +48.18% |
| Vale S.A. (VALE) | Equity | 0% | 2,931,198 | 0.21% | $15.91 | $15.42 | $46,635,360 | $45,199,073 | -$1,436,287 | -3.08% |
| Sunstone Hotel Investors Inc. (SHO) | Equity | -30.47% | 889,720 | 0.04% | $9.01 | $11.91 | $8,016,377 | $10,596,565 | +$2,580,188 | +32.19% |
| Viatris Inc. (VTRS) | Equity | +0.04% | 78,211,191 | 4.85% | $13.51 | $15.37 | $1,056,633,206 | $1,202,106,006 | +$145,472,800 | +13.77% |
| Vici Properties Inc. (VICI) | Equity | +1.82% | 220,180 | 0.03% | $27.32 | $26.28 | $6,015,318 | $5,786,330 | -$228,988 | -3.81% |
| Taiwan Semiconductor Manufacturing Company Limited (TSM) | Equity | 0% | 7,200 | 0.01% | $337.95 | $462.12 | $2,433,240 | $3,327,264 | +$894,024 | +36.74% |
| Teck Resources Limited (TECK) | Equity | -11.94% | 10,584,663 | 2.51% | $51.75 | $64.36 | $547,756,837 | $681,228,911 | +$133,472,074 | +24.37% |
| Terreno Realty Corp. (TRNO) | Equity | -3.76% | 113,507 | 0.03% | $61.42 | $64.35 | $6,971,600 | $7,304,175 | +$332,575 | +4.77% |
| Texas Instruments Inc. (TXN) | Equity | -0.12% | 2,849,671 | 2.54% | $194.14 | $322.86 | $553,237,789 | $920,044,779 | +$366,806,990 | +66.30% |
| Trip.Com Group Limited (TCOM) | Equity | +29.72% | 6,555,112 | 1.50% | $49.79 | $45.10 | $326,379,074 | $295,635,551 | -$30,743,523 | -9.42% |
| Truist Financial Corp. (TFC) | Equity | +17.05% | 224,805 | 0.05% | $45.97 | $48.33 | $10,334,286 | $10,864,826 | +$530,540 | +5.13% |
| Tyson Foods Inc. (TSN) | Equity | +2.05% | 13,090,689 | 3.85% | $64.07 | $55.46 | $838,721,144 | $726,009,612 | -$112,711,532 | -13.44% |
| Synopsys Inc. (SNPS) | Equity | +199.40% | 25,913 | 0.05% | $396.53 | $455.51 | $10,275,383 | $11,803,631 | +$1,528,248 | +14.87% |