Christopher Davis Davis Selected Advisers
Christopher Davis is chairman of Davis Advisors, a multi-generational investment firm known for research-intensive equity management. The firm’s strategies often emphasize financials and other businesses where long-term ownership and careful accounting analysis matter. Davis is a frequent public commentator on active management and long-horizon investing.
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
DIDI
DiDi Global Inc. American depositary shares, each four representing one Class A ordinary share
DIDI
|
+$614M |
| 2 |
New Oriental
EDU
|
+$435M |
| 3 |
Vroom Inc
VRM
|
+$179M |
| 4 |
VMEO
Vimeo
VMEO
|
+$159M |
| 5 |
TAL Education Group
TAL
|
+$104M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Carrier Global
CARR
|
+$668M |
| 2 |
Alphabet (Google) Class C
GOOG
|
+$295M |
| 3 |
Capital One
COF
|
+$187M |
| 4 |
RTX Corp
RTX
|
+$184M |
| 5 |
PPLI
People Inc
PPLI
|
+$182M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 44.15% |
| 2 | Communication Services | 14.56% |
| 3 | Technology | 12.46% |
| 4 | Consumer Discretionary | 10.78% |
| 5 | Healthcare | 5.81% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
26
Markel Group
MKL
$22.2B
| $267M | 1.1% |
224,821
+9,480
| +4% | +$11.4M |
|
|
27
RTX Corp
RTX
$283B
| $192M | 0.79% |
2,253,821
-2,180,692
| -49% | -$184M |
|
|
VMEO
28
DELISTED
Vimeo
VMEO
| $170M | 0.7% |
+3,468,766
| New | +$159M |
|
29
Coupang
CPNG
$29.6B
| $168M | 0.69% |
4,023,541
+1,166,399
| +41% | +$47.8M |
|
30
Bank of N.T. Butterfield & Son
NTB
$2.3B
| $147M | 0.61% |
4,158,609
+94,859
| +2% | +$3.59M |
|
31
Bank of America
BAC
$431B
| $145M | 0.6% |
3,520,291
-105,218
| -3% | -$4.31M |
|
32
Loews
L
$22.5B
| $144M | 0.59% |
2,633,059
+40,806
| +2% | +$2.28M |
|
33
Microsoft
MSFT
$3.59T
| $124M | 0.51% |
456,782
-2,131
| -0.5% | -$542K |
|
34
Davis Select US Equity ETF
DUSA
$1.27B
| $115M | 0.47% |
3,253,975
-20,451
| -0.6% | -$719K |
|
|
HOLI
35
DELISTED
Hollsys Automation Technologies INTERNATIONAL, LTD. COMMON (British Virgin Island)
HOLI
| $106M | 0.44% |
7,119,507
-71,378
| -1% | -$962K |
|
36
PNC Financial Services
PNC
$97B
| $102M | 0.42% |
533,400
-28,804
| -5% | -$5.41M |
|
37
Darling Ingredients
DAR
$10.4B
| $99.5M | 0.41% |
+1,474,600
| New | +$104M |
|
38
Baidu
BIDU
$31.6B
| $97.6M | 0.4% |
478,709
+261,769
| +121% | +$52.4M |
|
|
39
TAL Education Group
TAL
$6.28B
| $90.4M | 0.37% |
3,583,276
+2,335,468
| +187% | +$104M |
|
40
Davis Select International ETF
DINT
$294M
| $88.4M | 0.36% |
3,794,802
-12,042
| -0.3% | -$287K |
|
41
iQIYI
IQ
$1.01B
| $80.1M | 0.33% |
5,138,170
+4,071,958
| +382% | +$60.6M |
|
42
UnitedHealth
UNH
$350B
| $78.1M | 0.32% |
195,000
-1,144
| -0.6% | -$456K |
|
|
43
Carrier Global
CARR
$49.8B
| $69.6M | 0.29% |
1,432,778
-14,946,521
| -91% | -$668M |
|
44
Owens Corning
OC
$11.7B
| $68.3M | 0.28% |
698,066
-246
| -0% | -$24.6K |
|
|
SCHW
45
Charles Schwab
SCHW
$194B
| $66.3M | 0.27% |
911,202
-1,112
| -0.1% | -$78.7K |
|
46
CVS Health
CVS
$119B
| $65.1M | 0.27% |
780,426
-853
| -0.1% | -$69.9K |
|
47
Davis Select Worldwide ETF
DWLD
$611M
| $64.4M | 0.26% |
1,883,939
-15,563
| -0.8% | -$538K |
|
48
Davis Select Financial ETF
DFNL
$483M
| $59.9M | 0.25% |
1,995,446
-5
| -0% | -$150 |
|
|
Y
49
DELISTED
Alleghany Corp
Y
| $54.2M | 0.22% |
81,180
+11,449
| +16% | +$7.88M |
|
50
Rocket Companies
RKT
$39.4B
| $49.9M | 0.2% |
+2,576,921
| New | +$52.2M |
|
Similar funds
Christopher Davis's Q2 2021 Portfolio in Review
As of Q2 2021, Christopher Davis held 120 positions worth $24.3B, up 6.5% from $22.9B the previous quarter. Its ten largest holdings account for 52% of the portfolio.
Christopher Davis's Q2 2021 filing shows 9 new, 37 increased, 65 reduced and 1 closed positions. Its largest new stake was DiDi Global Inc. American depositary shares, each four representing one Class A ordinary share: 43,449,548 shares worth $556M. The largest sale was Carrier Global, an estimated $668M.
By sector, the portfolio is most concentrated in Financials at 44% of assets, up from 42% a quarter earlier, followed by Communication Services and Technology.
- Christopher Davis's largest Q2 2021 buy was DiDi Global Inc. American depositary shares, each four representing one Class A ordinary share: 43,449,548 shares worth $556M.
- Christopher Davis added most to New Oriental in Q2 2021, an estimated $435M increase.
- Christopher Davis's biggest Q2 2021 reduction was Carrier Global, cutting an estimated $668M.
- Christopher Davis fully exited Crown Castle in Q2 2021, selling an estimated $9.27M.
- Christopher Davis's ten largest holdings make up 52% of its $24.3B portfolio in Q2 2021.
- Christopher Davis opened 9 new positions and closed 1 in Q2 2021.
- Christopher Davis's portfolio value rose 6.5% quarter-over-quarter to $24.3B.
Based on Davis Selected Advisers's 13F filing for Q2 2021, filed 13 Aug 2021.