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 |
MGM Resorts International
MGM
|
+$282M |
| 2 |
Trip.com Group
TCOM
|
+$173M |
| 3 |
ConocoPhillips
COP
|
+$113M |
| 4 |
AGCO
AGCO
|
+$63.8M |
| 5 |
Viatris
VTRS
|
+$59M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Amazon
AMZN
|
+$303M |
| 2 |
Meta Platforms (Facebook)
META
|
+$177M |
| 3 |
Berkshire Hathaway Class A
BRK.A
|
+$142M |
| 4 |
BNY
Bank of New York Mellon
BNY
|
+$137M |
| 5 |
JPMorgan Chase
JPM
|
+$94.7M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 36.04% |
| 2 | Healthcare | 15.43% |
| 3 | Communication Services | 13.01% |
| 4 | Consumer Discretionary | 11.11% |
| 5 | Technology | 10.06% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
51
UnitedHealth
UNH
$350B
| $29.9M | 0.17% |
51,132
-39,161
| -43% | -$22.1M |
|
52
Oracle
ORCL
$422B
| $23.6M | 0.13% |
138,268
+136
| +0.1% | +$19.7K |
|
53
CVS Health
CVS
$119B
| $23.1M | 0.13% |
367,512
+2,730
| +0.7% | +$159K |
|
54
SAP
SAP
$252B
| $22.8M | 0.13% |
99,355
+548
| +0.6% | +$117K |
|
|
NOAH
55
Noah Holdings
NOAH
$604M
| $20.5M | 0.12% |
1,666,249
-15,401
| -0.9% | -$128K |
|
56
Public Storage
PSA
$60.2B
| $19.8M | 0.11% |
54,520
-1,100
| -2% | -$357K |
|
57
Clear Secure
YOU
$4.46B
| $19.6M | 0.11% |
592,587
+2,823
| +0.5% | +$72.8K |
|
|
SCHW
58
Charles Schwab
SCHW
$194B
| $19.4M | 0.11% |
299,705
-5,084
| -2% | -$334K |
|
59
Cousins Properties
CUZ
$4.89B
| $18.3M | 0.1% |
620,015
-62,510
| -9% | -$1.68M |
|
60
Ventas
VTR
$47.7B
| $18M | 0.1% |
281,230
-4,430
| -2% | -$259K |
|
61
American Tower
AMT
$81.9B
| $17.7M | 0.1% |
75,940
-130
| -0.2% | -$28.8K |
|
62
Equinix
EQIX
$105B
| $17.2M | 0.1% |
19,328
+2,070
| +12% | +$1.7M |
|
63
Alexandria Real Estate Equities
ARE
$9.21B
| $16.9M | 0.09% |
142,057
+470
| +0.3% | +$56K |
|
64
Digital Realty Trust
DLR
$70.5B
| $16.4M | 0.09% |
101,175
-730
| -0.7% | -$112K |
|
65
Everest Group
EG
$14.2B
| $15.2M | 0.09% |
38,883
-2,006
| -5% | -$764K |
|
66
Simon Property Group
SPG
$70.6B
| $14.1M | 0.08% |
83,580
-1,560
| -2% | -$247K |
|
67
Brixmor Property Group
BRX
$8.99B
| $13.8M | 0.08% |
494,490
-9,490
| -2% | -$245K |
|
68
Alibaba
BABA
$286B
| $13.6M | 0.08% |
127,784
-42,124
| -25% | -$3.45M |
|
|
AVB
69
DELISTED
AvalonBay Communities
AVB
| $12.8M | 0.07% |
56,610
-1,160
| -2% | -$251K |
|
70
Boston Properties
BXP
$10.8B
| $12.3M | 0.07% |
152,800
-1,930
| -1% | -$138K |
|
71
Extra Space Storage
EXR
$31B
| $11.1M | 0.06% |
61,495
-100
| -0.2% | -$16.9K |
|
72
Rexford Industrial Realty
REXR
$8.3B
| $10.5M | 0.06% |
209,250
-360
| -0.2% | -$17.9K |
|
73
Essex Property Trust
ESS
$18.6B
| $9.88M | 0.06% |
33,451
-12,820
| -28% | -$3.72M |
|
74
UDR
UDR
$12.1B
| $8.95M | 0.05% |
197,320
-4,170
| -2% | -$179K |
|
75
M&T Bank
MTB
$34.7B
| $8.65M | 0.05% |
48,565
+318
| +0.7% | +$52.7K |
|
Similar funds
Christopher Davis's Q3 2024 Portfolio in Review
As of Q3 2024, Christopher Davis held 105 positions worth $17.8B, up 3.6% from $17.2B the previous quarter. Its ten largest holdings account for 53% of the portfolio.
Christopher Davis's Q3 2024 filing shows 3 new, 23 increased, 69 reduced and 3 closed positions. Its largest new stake was Trip.com Group: 3,746,822 shares worth $223M. The largest sale was Amazon, an estimated $303M.
By sector, the portfolio is most concentrated in Financials at 36% of assets, down from 37% a quarter earlier, followed by Healthcare and Communication Services.
- Christopher Davis's largest Q3 2024 buy was Trip.com Group: 3,746,822 shares worth $223M.
- Christopher Davis added most to MGM Resorts International in Q3 2024, an estimated $282M increase.
- Christopher Davis's biggest Q3 2024 reduction was Amazon, cutting an estimated $303M.
- Christopher Davis fully exited MasterBrand in Q3 2024, selling an estimated $12.1M.
- Christopher Davis's ten largest holdings make up 53% of its $17.8B portfolio in Q3 2024.
- Christopher Davis opened 3 new positions and closed 3 in Q3 2024.
- Christopher Davis's portfolio value rose 3.6% quarter-over-quarter to $17.8B.
Based on Davis Selected Advisers's 13F filing for Q3 2024, filed 8 Nov 2024.