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 |
Solventum
SOLV
|
+$313M |
| 2 |
Intel
INTC
|
+$192M |
| 3 |
Tyson Foods
TSN
|
+$182M |
| 4 |
Humana
HUM
|
+$108M |
| 5 |
ConocoPhillips
COP
|
+$46.1M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Wells Fargo
WFC
|
+$481M |
| 2 |
JPMorgan Chase
JPM
|
+$269M |
| 3 |
BNY
Bank of New York Mellon
BNY
|
+$164M |
| 4 |
Applied Materials
AMAT
|
+$102M |
| 5 |
American Express
AXP
|
+$93.2M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 36.92% |
| 2 | Healthcare | 15.23% |
| 3 | Communication Services | 13.83% |
| 4 | Technology | 11.65% |
| 5 | Consumer Discretionary | 11.29% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
26
AGCO
AGCO
$7.48B
| $133M | 0.77% |
1,357,633
+974
| +0.1% | +$109K |
|
|
PPLI
27
People Inc
PPLI
$2.86B
| $127M | 0.74% |
3,296,428
+1,182
| +0% | +$48.8K |
|
28
Coupang
CPNG
$29.6B
| $125M | 0.73% |
5,974,842
-33,374
| -0.6% | -$724K |
|
29
Alphabet (Google) Class C
GOOG
$4.18T
| $124M | 0.72% |
675,447
+4,380
| +0.7% | +$745K |
|
30
Microsoft
MSFT
$3.59T
| $115M | 0.67% |
258,122
-523
| -0.2% | -$221K |
|
31
JD.com
JD
$39.7B
| $111M | 0.65% |
4,304,912
-79,870
| -2% | -$2.34M |
|
32
Darling Ingredients
DAR
$10.4B
| $104M | 0.61% |
2,837,718
-9,293
| -0.3% | -$385K |
|
|
FITB
33
Fifth Third Bancorp
FITB
$49.7B
| $90.4M | 0.53% |
2,478,079
-7,110
| -0.3% | -$260K |
|
34
KE Holdings
BEKE
$19.6B
| $84.8M | 0.49% |
5,995,230
-14,855
| -0.2% | -$233K |
|
|
35
American Express
AXP
$227B
| $84.2M | 0.49% |
363,803
-402,542
| -53% | -$93.2M |
|
36
PNC Financial Services
PNC
$97B
| $79.4M | 0.46% |
510,360
+11,040
| +2% | +$1.71M |
|
37
Davis Select International ETF
DINT
$294M
| $76.9M | 0.45% |
3,866,428
| – | – |
|
38
Davis Select Financial ETF
DFNL
$483M
| $70.7M | 0.41% |
2,128,485
| – | – |
|
39
Davis Select Worldwide ETF
DWLD
$611M
| $63.9M | 0.37% |
1,916,112
| – | – |
|
40
Bank of America
BAC
$431B
| $47.4M | 0.28% |
1,190,869
-6,610
| -0.6% | -$253K |
|
41
Loews
L
$22.5B
| $46.9M | 0.27% |
626,859
-2,700
| -0.4% | -$205K |
|
42
Sea Limited
SE
$72B
| $46.6M | 0.27% |
+652,316
| New | +$43.1M |
|
43
UnitedHealth
UNH
$350B
| $46M | 0.27% |
90,293
+440
| +0.5% | +$216K |
|
44
Rocket Companies
RKT
$39.4B
| $44.1M | 0.26% |
3,217,609
-16,750
| -0.5% | -$226K |
|
|
45
ConocoPhillips
COP
$162B
| $43.5M | 0.25% |
+379,971
| New | +$46.1M |
|
46
Bank of N.T. Butterfield & Son
NTB
$2.3B
| $37.9M | 0.22% |
1,080,340
-5,220
| -0.5% | -$175K |
|
|
WCC
47
WESCO International
WCC
$17B
| $30.7M | 0.18% |
193,646
+2,824
| +1% | +$481K |
|
48
Johnson Controls International
JCI
$86.7B
| $29.2M | 0.17% |
439,642
+2,918
| +0.7% | +$196K |
|
49
Liberty Media Series A
FWONA
$24.2B
| $23M | 0.13% |
357,861
-10,982
| -3% | -$699K |
|
|
SCHW
50
Charles Schwab
SCHW
$194B
| $22.5M | 0.13% |
304,789
-2,240
| -0.7% | -$165K |
|
Similar funds
Christopher Davis's Q2 2024 Portfolio in Review
As of Q2 2024, Christopher Davis held 105 positions worth $17.2B, down 3.5% from $17.8B the previous quarter. Its ten largest holdings account for 56% of the portfolio.
Christopher Davis's Q2 2024 filing shows 7 new, 23 increased, 60 reduced and 3 closed positions. Its largest new stake was Solventum: 5,163,955 shares worth $273M. The largest sale was Wells Fargo, an estimated $481M.
By sector, the portfolio is most concentrated in Financials at 37% of assets, down from 42% a quarter earlier, followed by Healthcare and Communication Services.
- Christopher Davis's largest Q2 2024 buy was Solventum: 5,163,955 shares worth $273M.
- Christopher Davis added most to Intel in Q2 2024, an estimated $192M increase.
- Christopher Davis's biggest Q2 2024 reduction was Wells Fargo, cutting an estimated $481M.
- Christopher Davis fully exited Ferguson in Q2 2024, selling an estimated $21.7M.
- Christopher Davis's ten largest holdings make up 56% of its $17.2B portfolio in Q2 2024.
- Christopher Davis opened 7 new positions and closed 3 in Q2 2024.
- Christopher Davis's portfolio value fell 3.5% quarter-over-quarter to $17.2B.
Based on Davis Selected Advisers's 13F filing for Q2 2024, filed 7 Aug 2024.