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 |
CVS Health
CVS
|
+$618M |
| 2 |
Markel Group
MKL
|
+$134M |
| 3 |
Applied Materials
AMAT
|
+$109M |
| 4 |
Full Truck Alliance
YMM
|
+$52.7M |
| 5 |
NetEase
NTES
|
+$52.3M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Wells Fargo
WFC
|
+$384M |
| 2 |
BNY
Bank of New York Mellon
BNY
|
+$250M |
| 3 |
Intel
INTC
|
+$227M |
| 4 |
JPMorgan Chase
JPM
|
+$173M |
| 5 |
Meta Platforms (Facebook)
META
|
+$130M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 35.93% |
| 2 | Healthcare | 17.39% |
| 3 | Communication Services | 13.49% |
| 4 | Consumer Discretionary | 11.59% |
| 5 | Technology | 8.65% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
26
JPMorgan Chase
JPM
$935B
| $158M | 0.92% |
657,723
-741,805
| -53% | -$173M |
|
27
Davis Select US Equity ETF
DUSA
$1.27B
| $143M | 0.83% |
3,386,897
+1,108
| +0% | +$47.6K |
|
28
ConocoPhillips
COP
$162B
| $136M | 0.79% |
1,370,773
-36,789
| -3% | -$3.91M |
|
29
Coupang
CPNG
$29.6B
| $130M | 0.76% |
5,911,885
-28,793
| -0.5% | -$707K |
|
30
Alphabet (Google) Class C
GOOG
$4.18T
| $123M | 0.72% |
646,956
-18,720
| -3% | -$3.3M |
|
|
PPLI
31
People Inc
PPLI
$2.86B
| $114M | 0.66% |
3,212,826
-81,085
| -2% | -$3.25M |
|
32
Microsoft
MSFT
$3.59T
| $107M | 0.62% |
254,991
-3,149
| -1% | -$1.34M |
|
|
FITB
33
Fifth Third Bancorp
FITB
$49.7B
| $103M | 0.6% |
2,444,176
+8,640
| +0.4% | +$388K |
|
34
PNC Financial Services
PNC
$97B
| $96.7M | 0.56% |
501,629
-107
| -0% | -$21K |
|
35
Davis Select International ETF
DINT
$294M
| $84.5M | 0.49% |
3,869,214
+2,786
| +0.1% | +$65.9K |
|
36
American Express
AXP
$227B
| $81.5M | 0.47% |
274,490
-13,058
| -5% | -$3.75M |
|
37
Davis Select Financial ETF
DFNL
$483M
| $81.1M | 0.47% |
2,129,265
+780
| +0% | +$30.4K |
|
38
Darling Ingredients
DAR
$10.4B
| $80.1M | 0.47% |
2,378,248
-453,323
| -16% | -$17.1M |
|
39
Davis Select Worldwide ETF
DWLD
$611M
| $69.6M | 0.4% |
1,917,980
+1,868
| +0.1% | +$71.4K |
|
40
Sea Limited
SE
$72B
| $67.7M | 0.39% |
638,014
-11,014
| -2% | -$1.16M |
|
41
KE Holdings
BEKE
$19.6B
| $67.2M | 0.39% |
3,647,872
-2,232,656
| -38% | -$46M |
|
|
42
Full Truck Alliance
YMM
$9.1B
| $58.4M | 0.34% |
+5,400,391
| New | +$52.7M |
|
|
43
NetEase
NTES
$82.1B
| $53.3M | 0.31% |
+597,320
| New | +$52.3M |
|
|
44
Intel
INTC
$476B
| $51.5M | 0.3% |
2,567,616
-10,056,313
| -80% | -$227M |
|
45
Bank of America
BAC
$431B
| $51.4M | 0.3% |
1,170,435
+748
| +0.1% | +$32.9K |
|
46
Loews
L
$22.5B
| $51.3M | 0.3% |
606,197
+954
| +0.2% | +$78.6K |
|
|
WCC
47
WESCO International
WCC
$17B
| $46.5M | 0.27% |
256,987
+967
| +0.4% | +$183K |
|
48
Bank of N.T. Butterfield & Son
NTB
$2.3B
| $39.3M | 0.23% |
1,076,424
+5,712
| +0.5% | +$214K |
|
49
iShares S&P 500 Value ETF
IVE
$50.2B
| $37.6M | 0.22% |
197,175
+184,477
| +1,453% | +$36.6M |
|
50
Rocket Companies
RKT
$39.4B
| $35.7M | 0.21% |
3,170,939
+7,180
| +0.2% | +$107K |
|
Similar funds
Christopher Davis's Q4 2024 Portfolio in Review
As of Q4 2024, Christopher Davis held 104 positions worth $17.2B, down 3.5% from $17.8B the previous quarter. Its ten largest holdings account for 53% of the portfolio.
Christopher Davis withdrew a net $543M in Q4 2024, closing 4 positions and reducing 63 holdings. Its most notable exit was Alibaba, an estimated $13.6M position sold in full.
By sector, the portfolio is most concentrated in Financials at 36% of assets, down from 36% a quarter earlier, followed by Healthcare and Communication Services.
Against the trend, Christopher Davis opened a new position in Full Truck Alliance worth $58.4M.
- Christopher Davis's largest Q4 2024 buy was Full Truck Alliance: 5,400,391 shares worth $58.4M.
- Christopher Davis added most to CVS Health in Q4 2024, an estimated $618M increase.
- Christopher Davis's biggest Q4 2024 reduction was Wells Fargo, cutting an estimated $384M.
- Christopher Davis fully exited Alibaba in Q4 2024, selling an estimated $13.6M.
- Christopher Davis's ten largest holdings make up 53% of its $17.2B portfolio in Q4 2024.
- Christopher Davis opened 2 new positions and closed 4 in Q4 2024.
- Christopher Davis's portfolio value fell 3.5% quarter-over-quarter to $17.2B.
Based on Davis Selected Advisers's 13F filing for Q4 2024, filed 7 Feb 2025.