Davis Advisors 13F, Q2 2025
Christopher Davis · quarter ending 30 June 2025 · filed 8 August 2025 · SEC CIK 1036325
Common stock only: shares the fund reported owning at the quarter end, valued as filed.
Largest positions, Q2 2025
The 25 largest of 107 positions. Weights are against the whole filed book. Changes are in shares held, against the Q1 2025 filing.
| Company | Ticker | Value | % of book | vs Q1 2025 |
|---|---|---|---|---|
| Capital One Financial Corp. | COF | $1.91B | 10.2% | unchanged |
| Meta Platforms, Inc., Class A | META | $1.56B | 8.3% | -5% shares |
| Applied Materials, Inc. | AMAT | $907.59M | 4.8% | unchanged |
| U.S. Bancorp | USB | $874.76M | 4.7% | +30% shares |
| MGM Resorts International | MGM | $819.21M | 4.4% | +14% shares |
| CVS Health Corporation | CVS | $799.26M | 4.3% | unchanged |
| Berkshire Hathaway Inc., Class A | BRK/A | $776.17M | 4.2% | -32% shares |
| Markel Group, Inc | MKL | $741.28M | 4.0% | unchanged |
| Amazon.com, Inc. | AMZN | $717.22M | 3.8% | -7% shares |
| Wells Fargo & Co. | WFC | $655.10M | 3.5% | -4% shares |
| Viatris Inc. | VTRS | $592.73M | 3.2% | +2% shares |
| Alphabet Inc., Class A | GOOGL | $503.03M | 2.7% | -6% shares |
| Tyson Foods Inc | TSN | $501.02M | 2.7% | +91% shares |
| Texas Instruments, Inc. | TXN | $494.18M | 2.6% | -2% shares |
| Teck Resources Ltd., Class B | TECK | $445.59M | 2.4% | unchanged |
| Solventum Corp. | SOLV | $416.56M | 2.2% | +4% shares |
| Humana Inc. | HUM | $404.06M | 2.2% | -29% shares |
| UnitedHealth Group Inc. | UNH | $353.43M | 1.9% | +2235% shares |
| Chubb Ltd. | $310.53M | 1.7% | unchanged | |
| Trip.com Group Ltd., ADR | TCOM | $290.24M | 1.6% | unchanged |
| Berkshire Hathaway Inc., Class B | BRK/B | $269.04M | 1.4% | -18% shares |
| Quest Diagnostics Inc. | DGX | $243.29M | 1.3% | -43% shares |
| Owens Corning | OC | $243.29M | 1.3% | unchanged |
| Coterra Energy, Inc. | CTRA | $237.00M | 1.3% | new |
| Restaurant Brands International, Inc. | QSR | $226.69M | 1.2% | unchanged |
What changed since Q1 2025
Against the Q1 2025 filing, Davis Advisors opened 8 new positions, added to 35, trimmed 24, left 40 unchanged and exited 5. 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 0000071701-25-000029, 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.