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 |
CTRA
Coterra Energy
CTRA
|
+$319M |
| 2 |
JBS
JBS N.V.
JBS
|
+$163M |
| 3 |
Tyson Foods
TSN
|
+$157M |
| 4 |
US Bancorp
USB
|
+$128M |
| 5 |
Pinterest
PINS
|
+$113M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Applied Materials
AMAT
|
+$324M |
| 2 |
Humana
HUM
|
+$100M |
| 3 |
BNY
Bank of New York Mellon
BNY
|
+$54.1M |
| 4 |
Berkshire Hathaway Class A
BRK.A
|
+$41.1M |
| 5 |
NetEase
NTES
|
+$23.9M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 33.17% |
| 2 | Healthcare | 15.2% |
| 3 | Communication Services | 13.48% |
| 4 | Consumer Discretionary | 11.12% |
| 5 | Technology | 8.77% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
26
Alphabet (Google) Class C
GOOG
$4.18T
| $223M | 1% |
710,963
+64,912
| +10% | +$18.6M |
|
27
AGCO
AGCO
$7.48B
| $214M | 0.96% |
2,048,835
+235,913
| +13% | +$25.1M |
|
28
Cigna
CI
$73.3B
| $207M | 0.93% |
752,852
+96,534
| +15% | +$27.1M |
|
29
Full Truck Alliance
YMM
$9.1B
| $188M | 0.85% |
17,537,524
+2,555,751
| +17% | +$30.6M |
|
30
JPMorgan Chase
JPM
$935B
| $184M | 0.83% |
571,586
-24,040
| -4% | -$7.44M |
|
31
Davis Select US Equity ETF
DUSA
$1.27B
| $173M | 0.78% |
3,384,566
+1,228
| +0% | +$60.4K |
|
|
JBS
32
JBS N.V.
JBS
$45.5B
| $171M | 0.77% |
+11,854,741
| New | +$163M |
|
33
ConocoPhillips
COP
$162B
| $168M | 0.76% |
1,797,887
+198,576
| +12% | +$18M |
|
34
Applovin
APP
$102B
| $167M | 0.75% |
247,981
+24,407
| +11% | +$15.4M |
|
|
FITB
35
Fifth Third Bancorp
FITB
$49.7B
| $128M | 0.58% |
2,744,310
+75,441
| +3% | +$3.32M |
|
36
Davis Select International ETF
DINT
$294M
| $111M | 0.5% |
3,892,451
+2,371
| +0.1% | +$66.5K |
|
37
PNC Financial Services
PNC
$97B
| $111M | 0.5% |
530,089
+28,272
| +6% | +$5.46M |
|
38
Davis Select Financial ETF
DFNL
$483M
| $103M | 0.46% |
2,130,361
+501
| +0% | +$23K |
|
39
Darling Ingredients
DAR
$10.4B
| $102M | 0.46% |
2,842,306
+388,366
| +16% | +$13.1M |
|
|
PPLI
40
People Inc
PPLI
$2.86B
| $98.3M | 0.44% |
2,514,072
+270,383
| +12% | +$9.47M |
|
41
Davis Select Worldwide ETF
DWLD
$611M
| $89.4M | 0.4% |
1,917,460
+1,173
| +0.1% | +$53.4K |
|
42
American Express
AXP
$227B
| $89.4M | 0.4% |
241,700
-6,240
| -3% | -$2.23M |
|
|
WCC
43
WESCO International
WCC
$17B
| $89.2M | 0.4% |
364,502
+71,932
| +25% | +$17.6M |
|
44
RenaissanceRe
RNR
$13.4B
| $64.6M | 0.29% |
229,739
+86,594
| +60% | +$22.8M |
|
45
Bank of America
BAC
$431B
| $63.2M | 0.28% |
1,149,873
-716
| -0.1% | -$37.8K |
|
46
Loews
L
$22.5B
| $63.2M | 0.28% |
600,046
+4,349
| +0.7% | +$449K |
|
47
Rocket Companies
RKT
$39.4B
| $62.5M | 0.28% |
3,227,910
+93,676
| +3% | +$1.67M |
|
|
CHYM
48
Chime Financial
CHYM
$12.4B
| $62.2M | 0.28% |
2,472,106
+72,940
| +3% | +$1.55M |
|
|
BNY
49
Bank of New York Mellon
BNY
$108B
| $60.6M | 0.27% |
521,722
-488,959
| -48% | -$54.1M |
|
|
50
NetEase
NTES
$82.1B
| $58.6M | 0.26% |
426,164
-168,576
| -28% | -$23.9M |
|
Similar funds
Christopher Davis's Q4 2025 Portfolio in Review
As of Q4 2025, Christopher Davis held 110 positions worth $22.2B, up 16% from $19.2B the previous quarter. Its ten largest holdings account for 50% of the portfolio.
Christopher Davis deployed $1.8B of net new capital in Q4 2025, opening 3 new positions and adding to 54 existing holdings. Its largest new stake was JBS N.V.: 11,854,741 shares worth $171M.
By sector, the portfolio is most concentrated in Financials at 33% of assets, down from 33% a quarter earlier, followed by Healthcare and Communication Services.
On the sell side, the largest reduction was Applied Materials, an estimated $324M trimmed.
- Christopher Davis's largest Q4 2025 buy was JBS N.V.: 11,854,741 shares worth $171M.
- Christopher Davis added most to Coterra Energy in Q4 2025, an estimated $319M increase.
- Christopher Davis's biggest Q4 2025 reduction was Applied Materials, cutting an estimated $324M.
- Christopher Davis fully exited Humana in Q4 2025, selling an estimated $100M.
- Christopher Davis's ten largest holdings make up 50% of its $22.2B portfolio in Q4 2025.
- Christopher Davis opened 3 new positions and closed 2 in Q4 2025.
- Christopher Davis's portfolio value rose 16% quarter-over-quarter to $22.2B.
Based on Davis Selected Advisers's 13F filing for Q4 2025, filed 2 Feb 2026.