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 | |
|---|---|---|---|---|---|---|
51
CVS Health
CVS
$119B
| $21.5M | 0.13% |
364,782
+192,039
| +111% | +$12M |
|
52
SAP
SAP
$252B
| $19.9M | 0.12% |
98,807
-18,245
| -16% | -$3.44M |
|
53
Oracle
ORCL
$422B
| $19.5M | 0.11% |
138,132
-3,181
| -2% | -$395K |
|
|
NOAH
54
Noah Holdings
NOAH
$604M
| $16.2M | 0.09% |
1,681,650
+923,122
| +122% | +$11.4M |
|
55
Everest Group
EG
$14.2B
| $15.6M | 0.09% |
40,889
-320
| -0.8% | -$121K |
|
56
Alibaba
BABA
$286B
| $12.2M | 0.07% |
169,908
-12,284
| -7% | -$942K |
|
57
MasterBrand
MBC
$1.85B
| $12.1M | 0.07% |
823,506
-37,240
| -4% | -$617K |
|
58
Clear Secure
YOU
$4.46B
| $11M | 0.06% |
589,764
+876
| +0.1% | +$15.9K |
|
59
M&T Bank
MTB
$34.7B
| $7.3M | 0.04% |
48,247
| – | – |
|
60
Truist Financial
TFC
$61.6B
| $5.24M | 0.03% |
134,912
| – | – |
|
|
HOLI
61
DELISTED
Hollsys Automation Technologies INTERNATIONAL, LTD. COMMON (British Virgin Island)
HOLI
| $4.78M | 0.03% |
220,761
-433,706
| -66% | -$10.1M |
|
62
iShares S&P 500 Value ETF
IVE
$50.2B
| $4.31M | 0.03% |
+23,681
| New | +$4.31M |
|
63
State Street
STT
$51.4B
| $4.06M | 0.02% |
54,917
| – | – |
|
64
Baidu
BIDU
$31.6B
| $4.05M | 0.02% |
46,841
-496
| -1% | -$49.8K |
|
65
Lam Research
LRCX
$393B
| $1.31M | 0.01% |
12,280
| – | – |
|
66
Crown Holdings
CCK
$13B
| $638K | ﹤0.01% |
+8,570
| New | +$691K |
|
67
RH
RH
$2.9B
| $548K | ﹤0.01% |
2,240
| – | – |
|
|
SKX
68
DELISTED
Skechers
SKX
| $518K | ﹤0.01% |
7,490
| – | – |
|
69
American Homes 4 Rent
AMH
$12.4B
| $0 | ﹤0.01% |
222,270
-23,200
| -9% | -$835K |
|
70
American Tower
AMT
$81.9B
| $0 | ﹤0.01% |
76,070
+9,390
| +14% | +$1.76M |
|
71
Alexandria Real Estate Equities
ARE
$9.21B
| $0 | ﹤0.01% |
141,587
-70
| -0% | -$8.34K |
|
|
AVB
72
DELISTED
AvalonBay Communities
AVB
| $0 | ﹤0.01% |
57,770
-8,350
| -13% | -$1.61M |
|
73
Brixmor Property Group
BRX
$8.99B
| $0 | ﹤0.01% |
503,980
-111,610
| -18% | -$2.47M |
|
74
Boston Properties
BXP
$10.8B
| $0 | ﹤0.01% |
154,730
-80
| -0.1% | -$4.89K |
|
75
Carrier Global
CARR
$49.8B
| – | – |
-229,695
| Closed | -$13.4M |
|
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.