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 |
Quest Diagnostics
DGX
|
+$246M |
| 2 |
Applied Materials
AMAT
|
+$87.4M |
| 3 |
Bank of America
BAC
|
+$42.6M |
| 4 |
APA Corp
APA
|
+$41.4M |
| 5 |
Capital One
COF
|
+$41.1M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
GE Aerospace
GE
|
+$289M |
| 2 |
Microsoft
MSFT
|
+$114M |
| 3 |
iShares S&P 500 Value ETF
IVE
|
+$52M |
| 4 |
Amazon
AMZN
|
+$51.5M |
| 5 |
Alphabet (Google) Class C
GOOG
|
+$44M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 39.09% |
| 2 | Communication Services | 13.85% |
| 3 | Consumer Discretionary | 12.48% |
| 4 | Industrials | 9.88% |
| 5 | Technology | 7.51% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
51
KKR & Co
KKR
$97.4B
| $36.2M | 0.18% |
1,542,970
-47,078
| -3% | -$1.07M |
|
52
Eaton
ETN
$163B
| $35.8M | 0.18% |
444,340
-45,770
| -9% | -$3.49M |
|
53
Qorvo
QRVO
$8.43B
| $34.6M | 0.17% |
481,807
+55,305
| +13% | +$3.66M |
|
|
AVB
54
DELISTED
AvalonBay Communities
AVB
| $31.4M | 0.15% |
156,430
-9,120
| -6% | -$1.74M |
|
55
UnitedHealth
UNH
$350B
| $30.7M | 0.15% |
124,001
+67,693
| +120% | +$17.3M |
|
56
Aptiv
APTV
$10B
| $29.8M | 0.15% |
375,319
+7,274
| +2% | +$559K |
|
57
Equinix
EQIX
$105B
| $27M | 0.13% |
59,550
+1,540
| +3% | +$627K |
|
|
QVCGA
58
DELISTED
QVC Group Inc Series A
QVCGA
| $26.5M | 0.13% |
34,217
-936
| -3% | -$903K |
|
|
VSA
59
VisionSys AI
VSA
$9.78M
| $26.4M | 0.13% |
1,945
-125
| -6% | -$1.99M |
|
60
Prologis
PLD
$135B
| $25M | 0.12% |
347,998
-3,700
| -1% | -$252K |
|
61
Liberty Global Class C
LBTYK
$3.55B
| $23.8M | 0.12% |
982,594
-22,240
| -2% | -$527K |
|
|
GLIBA
62
DELISTED
GCI Liberty, Inc. Class A Common Stock (DE)
GLIBA
| $22.6M | 0.11% |
406,478
-19,170
| -5% | -$969K |
|
63
Greenlight Captial
GLRE
$499M
| $22.3M | 0.11% |
2,052,360
-29,650
| -1% | -$317K |
|
64
Trip.com Group
TCOM
$29B
| $21.6M | 0.11% |
495,080
+11,832
| +2% | +$415K |
|
|
SCHW
65
Charles Schwab
SCHW
$194B
| $20.9M | 0.1% |
489,624
-13,716
| -3% | -$619K |
|
66
Boston Properties
BXP
$10.8B
| $20.7M | 0.1% |
154,970
-1,340
| -0.9% | -$172K |
|
67
Blackstone
BX
$108B
| $20M | 0.1% |
571,300
-16,760
| -3% | -$559K |
|
68
Essex Property Trust
ESS
$18.6B
| $19.8M | 0.1% |
68,491
+130
| +0.2% | +$35.5K |
|
69
Camden Property Trust
CPT
$10.8B
| $19.5M | 0.1% |
192,140
+2,460
| +1% | +$236K |
|
70
Visa
V
$693B
| $18.7M | 0.09% |
119,842
-23,364
| -16% | -$3.37M |
|
|
HPP
71
Hudson Pacific Properties
HPP
$787M
| $18.4M | 0.09% |
76,181
+1,224
| +2% | +$278K |
|
72
Liberty Latin America Class C
LILAK
$1.64B
| $18.1M | 0.09% |
1,090,035
-45,384
| -4% | -$707K |
|
|
VMRK
73
Vivmark Residential
VMRK
$25B
| $18.1M | 0.09% |
240,340
+2,800
| +1% | +$202K |
|
74
Digital Realty Trust
DLR
$70.5B
| $18M | 0.09% |
151,260
+3,820
| +3% | +$426K |
|
75
Crown Castle
CCI
$32.1B
| $17.6M | 0.09% |
137,880
+3,530
| +3% | +$414K |
|
Similar funds
Christopher Davis's Q1 2019 Portfolio in Review
As of Q1 2019, Christopher Davis held 143 positions worth $20.3B, up 14% from $17.9B the previous quarter. Its ten largest holdings account for 51% of the portfolio.
Christopher Davis's Q1 2019 filing shows 6 new, 63 increased, 54 reduced and 8 closed positions. Its largest new stake was Bank of America: 1,508,920 shares worth $41.6M. The largest sale was GE Aerospace, an estimated $289M.
By sector, the portfolio is most concentrated in Financials at 39% of assets, down from 42% a quarter earlier, followed by Communication Services and Consumer Discretionary.
- Christopher Davis's largest Q1 2019 buy was Bank of America: 1,508,920 shares worth $41.6M.
- Christopher Davis added most to Quest Diagnostics in Q1 2019, an estimated $246M increase.
- Christopher Davis's biggest Q1 2019 reduction was GE Aerospace, cutting an estimated $289M.
- Christopher Davis fully exited iShares S&P 500 Value ETF in Q1 2019, selling an estimated $52M.
- Christopher Davis's ten largest holdings make up 51% of its $20.3B portfolio in Q1 2019.
- Christopher Davis opened 6 new positions and closed 8 in Q1 2019.
- Christopher Davis's portfolio value rose 14% quarter-over-quarter to $20.3B.
Based on Davis Selected Advisers's 13F filing for Q1 2019, filed 14 May 2019.