Davis Advisors 13F, Q1 2026
Christopher Davis · quarter ending 31 March 2026 · filed 7 May 2026 · SEC CIK 1036325
Common stock only: shares the fund reported owning at the quarter end, valued as filed.
Largest positions, Q1 2026
The 25 largest of 112 positions. Weights are against the whole filed book. Changes are in shares held, against the Q4 2025 filing.
| Company | Ticker | Value | % of book | vs Q4 2025 |
|---|---|---|---|---|
| Capital One Financial Corp. | COF | $1.56B | 7.2% | unchanged |
| Coterra Energy, Inc. | CTRA | $1.30B | 6.0% | +14% shares |
| U.S. Bancorp | USB | $1.16B | 5.3% | unchanged |
| Viatris Inc. | VTRS | $1.06B | 4.8% | unchanged |
| Meta Platforms, Inc., Class A | META | $983.59M | 4.5% | unchanged |
| MGM Resorts International | MGM | $899.17M | 4.1% | -9% shares |
| Alphabet Inc., Class A | GOOGL | $889.90M | 4.1% | unchanged |
| CVS Health Corporation | CVS | $879.05M | 4.0% | -4% shares |
| Tyson Foods Inc | TSN | $838.72M | 3.9% | +2% shares |
| Markel Group, Inc | MKL | $733.96M | 3.4% | -8% shares |
| Amazon.com, Inc. | AMZN | $713.38M | 3.3% | unchanged |
| Berkshire Hathaway Inc., Class A | BRK/A | $662.84M | 3.0% | -2% shares |
| Wells Fargo & Co. | WFC | $652.08M | 3.0% | unchanged |
| Cigna Group | CI | $595.91M | 2.7% | +197% shares |
| Texas Instruments, Inc. | TXN | $553.24M | 2.5% | unchanged |
| Teck Resources Ltd., Class B | TECK | $547.76M | 2.5% | -12% shares |
| JBS N.V., Class A | $471.35M | 2.2% | +121% shares | |
| LyondellBasell Industries N.V. | $450.86M | 2.1% | new | |
| Solventum Corp. | SOLV | $413.37M | 1.9% | unchanged |
| Applied Materials, Inc. | AMAT | $409.16M | 1.9% | -72% shares |
| Chubb Ltd. | $389.62M | 1.8% | unchanged | |
| Berkshire Hathaway Inc., Class B | BRK/B | $359.34M | 1.6% | unchanged |
| UnitedHealth Group Inc. | UNH | $337.56M | 1.6% | -2% shares |
| Trip.com Group Ltd., ADR | TCOM | $326.38M | 1.5% | +30% shares |
| Quest Diagnostics Inc. | DGX | $317.06M | 1.5% | unchanged |
What changed since Q4 2025
Against the Q4 2025 filing, Davis Advisors opened 6 new positions, added to 32, trimmed 23, left 51 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 0001036325-26-000016, 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.