Davis Advisors 13F, Q1 2025
Christopher Davis · quarter ending 31 March 2025 · filed 12 May 2025 · SEC CIK 1036325
Common stock only: shares the fund reported owning at the quarter end, valued as filed.
Largest positions, Q1 2025
The 25 largest of 104 positions. Weights are against the whole filed book. Changes are in shares held, against the Q4 2024 filing.
| Company | Ticker | Value | % of book | vs Q4 2024 |
|---|---|---|---|---|
| Capital One Financial Corp. | COF | $1.61B | 9.3% | -3% shares |
| Meta Platforms, Inc., Class A | META | $1.27B | 7.3% | -11% shares |
| Berkshire Hathaway Inc., Class A | BRK/A | $1.24B | 7.2% | unchanged |
| CVS Health Corporation | CVS | $782.45M | 4.5% | unchanged |
| Applied Materials, Inc. | AMAT | $724.61M | 4.2% | +6% shares |
| Markel Group, Inc | MKL | $694.50M | 4.0% | unchanged |
| Amazon.com, Inc. | AMZN | $669.71M | 3.9% | -8% shares |
| U.S. Bancorp | USB | $628.61M | 3.6% | +4% shares |
| MGM Resorts International | MGM | $616.96M | 3.6% | +5% shares |
| Humana Inc. | HUM | $616.87M | 3.6% | +3% shares |
| Wells Fargo & Co. | WFC | $607.96M | 3.5% | unchanged |
| Viatris Inc. | VTRS | $565.70M | 3.3% | +4% shares |
| Cigna Group | CI | $471.54M | 2.7% | unchanged |
| Alphabet Inc., Class A | GOOGL | $470.03M | 2.7% | unchanged |
| Texas Instruments, Inc. | TXN | $436.86M | 2.5% | +3% shares |
| Teck Resources Ltd., Class B | TECK | $407.67M | 2.4% | unchanged |
| Quest Diagnostics Inc. | DGX | $404.10M | 2.3% | unchanged |
| Solventum Corp. | SOLV | $402.11M | 2.3% | unchanged |
| Berkshire Hathaway Inc., Class B | BRK/B | $361.33M | 2.1% | -5% shares |
| Chubb Ltd. | $328.08M | 1.9% | unchanged | |
| Trip.com Group Ltd., ADR | TCOM | $309.19M | 1.8% | +30% shares |
| Tyson Foods Inc | TSN | $298.60M | 1.7% | +52% shares |
| Owens Corning | OC | $255.25M | 1.5% | unchanged |
| Restaurant Brands International, Inc. | QSR | $224.74M | 1.3% | new |
| AGCO Corporation | AGCO | $187.66M | 1.1% | unchanged |
What changed since Q4 2024
Against the Q4 2024 filing, Davis Advisors opened 5 new positions, added to 21, trimmed 22, left 56 unchanged and exited 1. 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 0001316506-25-000107, 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.