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 |
Humana
HUM
|
+$738M |
| 2 |
MGM Resorts International
MGM
|
+$68.4M |
| 3 |
KE Holdings
BEKE
|
+$18.1M |
| 4 |
Rexford Industrial Realty
REXR
|
+$2.66M |
| 5 |
Camden Property Trust
CPT
|
+$2.48M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Meta Platforms (Facebook)
META
|
+$392M |
| 2 |
Wells Fargo
WFC
|
+$306M |
| 3 |
Applied Materials
AMAT
|
+$234M |
| 4 |
Amazon
AMZN
|
+$208M |
| 5 |
Capital One
COF
|
+$165M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 42.26% |
| 2 | Healthcare | 12.77% |
| 3 | Communication Services | 12.52% |
| 4 | Consumer Discretionary | 10.42% |
| 5 | Technology | 10.3% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
26
Davis Select US Equity ETF
DUSA
$1.27B
| $137M | 0.77% |
3,385,789
-4,252
| -0.1% | -$160K |
|
27
Darling Ingredients
DAR
$10.4B
| $132M | 0.74% |
2,847,011
-228,801
| -7% | -$10.1M |
|
28
JD.com
JD
$39.7B
| $120M | 0.67% |
4,384,782
-105,254
| -2% | -$2.58M |
|
29
Microsoft
MSFT
$3.59T
| $109M | 0.61% |
258,645
-74,831
| -22% | -$30.3M |
|
30
Coupang
CPNG
$29.6B
| $107M | 0.6% |
6,008,216
-136,877
| -2% | -$2.24M |
|
31
Alphabet (Google) Class C
GOOG
$4.18T
| $102M | 0.57% |
671,067
-28,325
| -4% | -$4.09M |
|
|
FITB
32
Fifth Third Bancorp
FITB
$49.7B
| $92.5M | 0.52% |
2,485,189
-17,276
| -0.7% | -$601K |
|
|
33
KE Holdings
BEKE
$19.6B
| $82.5M | 0.46% |
6,010,085
+1,298,813
| +28% | +$18.1M |
|
34
PNC Financial Services
PNC
$97B
| $80.7M | 0.45% |
499,320
-3,438
| -0.7% | -$518K |
|
35
Davis Select International ETF
DINT
$294M
| $74.6M | 0.42% |
3,866,428
-50,347
| -1% | -$917K |
|
36
Davis Select Financial ETF
DFNL
$483M
| $70.9M | 0.4% |
2,128,485
-9,693
| -0.5% | -$301K |
|
37
Davis Select Worldwide ETF
DWLD
$611M
| $62.3M | 0.35% |
1,916,112
-36,892
| -2% | -$1.12M |
|
38
Loews
L
$22.5B
| $49.3M | 0.28% |
629,559
-821,334
| -57% | -$60.7M |
|
39
Rocket Companies
RKT
$39.4B
| $47.1M | 0.26% |
3,234,359
-48,204
| -1% | -$598K |
|
40
Bank of America
BAC
$431B
| $45.4M | 0.25% |
1,197,479
-17,964
| -1% | -$617K |
|
41
UnitedHealth
UNH
$350B
| $44.5M | 0.25% |
89,853
-18,478
| -17% | -$9.39M |
|
42
Bank of N.T. Butterfield & Son
NTB
$2.3B
| $34.7M | 0.19% |
1,085,560
-640,918
| -37% | -$19.5M |
|
|
WCC
43
WESCO International
WCC
$17B
| $32.7M | 0.18% |
190,822
+3,468
| +2% | +$573K |
|
44
Johnson Controls International
JCI
$86.7B
| $28.5M | 0.16% |
436,724
-78,999
| -15% | -$4.6M |
|
45
Prologis
PLD
$135B
| $23.6M | 0.13% |
181,256
-9,340
| -5% | -$1.22M |
|
46
SAP
SAP
$252B
| $22.8M | 0.13% |
117,052
-22,315
| -16% | -$3.96M |
|
|
SCHW
47
Charles Schwab
SCHW
$194B
| $22.2M | 0.12% |
307,029
-4,494
| -1% | -$296K |
|
48
Ferguson
FERG
$46.9B
| $21.7M | 0.12% |
99,207
-106,963
| -52% | -$21.3M |
|
49
Liberty Media Series A
FWONA
$24.2B
| $21.7M | 0.12% |
368,843
-119,457
| -24% | -$7.21M |
|
50
Alexandria Real Estate Equities
ARE
$9.21B
| $18.3M | 0.1% |
141,657
-2,320
| -2% | -$286K |
|
Similar funds
Christopher Davis's Q1 2024 Portfolio in Review
As of Q1 2024, Christopher Davis held 103 positions worth $17.8B, up 0.81% from $17.7B the previous quarter. Its ten largest holdings account for 57% of the portfolio.
Christopher Davis withdrew a net $1.95B in Q1 2024, closing 5 positions and reducing 87 holdings. Its most notable exit was Eaton, an estimated $35M position sold in full.
By sector, the portfolio is most concentrated in Financials at 42% of assets, down from 43% a quarter earlier, followed by Healthcare and Communication Services.
Against the trend, Christopher Davis added an estimated $738M to Humana.
- Christopher Davis added most to Humana in Q1 2024, an estimated $738M increase.
- Christopher Davis's biggest Q1 2024 reduction was Meta Platforms (Facebook), cutting an estimated $392M.
- Christopher Davis fully exited Eaton in Q1 2024, selling an estimated $35M.
- Christopher Davis's ten largest holdings make up 57% of its $17.8B portfolio in Q1 2024.
- Christopher Davis opened 0 new positions and closed 5 in Q1 2024.
- Christopher Davis's portfolio value rose 0.81% quarter-over-quarter to $17.8B.
Based on Davis Selected Advisers's 13F filing for Q1 2024, filed 13 May 2024.