Davis Advisors 13F, Q3 2023
Christopher Davis · quarter ending 30 September 2023 · filed 9 November 2023 · SEC CIK 1036325
Common stock only: shares the fund reported owning at the quarter end, valued as filed.
Largest positions, Q3 2023
The 25 largest of 104 positions. Weights are against the whole filed book. Changes are in shares held, against the Q2 2023 filing.
| Company | Ticker | Value | % of book | vs Q2 2023 |
|---|---|---|---|---|
| Meta Platforms, Inc., Class A | META | $1.47B | 9.2% | -15% shares |
| Wells Fargo & Co. | WFC | $1.24B | 7.8% | unchanged |
| Capital One Financial Corp. | COF | $1.08B | 6.8% | unchanged |
| Berkshire Hathaway Inc., Class A | BRK/A | $1.05B | 6.6% | unchanged |
| Amazon.com, Inc. | AMZN | $944.65M | 5.9% | -10% shares |
| Applied Materials, Inc. | AMAT | $942.82M | 5.9% | unchanged |
| Viatris, Inc. | VTRS | $631.67M | 4.0% | unchanged |
| JPMorgan Chase & Co. | JPM | $599.97M | 3.8% | unchanged |
| Teck Resources Ltd., Class B | TECK | $554.79M | 3.5% | unchanged |
| Bank of New York Mellon Corp. | BNY | $554.30M | 3.5% | unchanged |
| U.S. Bancorp | USB | $507.16M | 3.2% | unchanged |
| Owens Corning | OC | $502.62M | 3.1% | -12% shares |
| The Cigna Group | CI | $486.45M | 3.0% | unchanged |
| Alphabet Inc., Class A | GOOGL | $466.98M | 2.9% | unchanged |
| Texas Instruments, Inc. | TXN | $432.89M | 2.7% | -3% shares |
| Berkshire Hathaway Inc., Class B | BRK/B | $390.74M | 2.5% | unchanged |
| Markel Corp. | MKL | $385.95M | 2.4% | unchanged |
| MGM Resorts International | MGM | $361.92M | 2.3% | new |
| Intel Corp. | INTC | $333.65M | 2.1% | -17% shares |
| Chubb Ltd. | $302.60M | 1.9% | unchanged | |
| Quest Diagnostics, Inc. | DGX | $203.23M | 1.3% | +10% shares |
| Darling Ingredients, Inc. | DAR | $162.30M | 1.0% | -3% shares |
| IAC Inc. | PPLI | $149.20M | 0.9% | +17% shares |
| American Express Co. | AXP | $139.09M | 0.9% | unchanged |
| JD.com, Inc., Class A, ADR | JD | $138.93M | 0.9% | unchanged |
What changed since Q2 2023
Against the Q2 2023 filing, Davis Advisors opened 4 new positions, added to 19, trimmed 26, left 55 unchanged and exited 2. Every position is compared, matched on its CUSIP; a change of 2% or less in shares counts as unchanged.
Other quarters
Source: SEC Form 13F-HR, accession 0001036325-23-000021, filed by DAVIS SELECTED ADVISERS. Values are as filed and cover US-listed positions only; a 13F does not show short positions or holdings outside the US. A 13F may be filed up to 45 days after the quarter ends, so the fund may have traded since. Educational information, not financial advice.