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 |
Amazon
AMZN
|
+$46M |
| 2 |
JD.com
JD
|
+$23.9M |
| 3 |
FITB
Fifth Third Bancorp
FITB
|
+$16.5M |
| 4 |
Baidu
BIDU
|
+$15.3M |
| 5 |
Davis Select International ETF
DINT
|
+$8.23M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Meta Platforms (Facebook)
META
|
+$46.1M |
| 2 |
Quest Diagnostics
DGX
|
+$45.4M |
| 3 |
Alibaba
BABA
|
+$36.2M |
| 4 |
Berkshire Hathaway Class A
BRK.A
|
+$34.1M |
| 5 |
Cigna
CI
|
+$29.7M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 42.4% |
| 2 | Communication Services | 16.17% |
| 3 | Technology | 12.73% |
| 4 | Healthcare | 8.45% |
| 5 | Consumer Discretionary | 8.04% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
76
American Homes 4 Rent
AMH
$12.4B
| $8.16M | 0.05% |
259,360
+1,980
| +0.8% | +$63.2K |
|
77
Sunstone Hotel Investors
SHO
$2.1B
| $8.07M | 0.05% |
816,580
| – | – |
|
|
ROIC
78
DELISTED
Retail Opportunity Investments Corp.
ROIC
| $7.89M | 0.05% |
565,145
| – | – |
|
|
WCC
79
WESCO International
WCC
$17B
| $7.36M | 0.05% |
47,648
-4,257
| -8% | -$638K |
|
|
LSI
80
DELISTED
Life Storage, Inc.
LSI
| $7.16M | 0.05% |
54,630
+110
| +0.2% | +$12.7K |
|
81
Boston Properties
BXP
$10.8B
| $6.66M | 0.04% |
123,070
+68,350
| +125% | +$4.46M |
|
82
Greenlight Captial
GLRE
$499M
| $6.22M | 0.04% |
662,512
-243,100
| -27% | -$2.29M |
|
83
Camden Property Trust
CPT
$10.8B
| $6M | 0.04% |
57,260
-7,950
| -12% | -$906K |
|
84
Douglas Emmett
DEI
$1.97B
| $5.97M | 0.04% |
483,820
| – | – |
|
85
M&T Bank
MTB
$34.7B
| $5.65M | 0.04% |
47,235
-680
| -1% | -$98.7K |
|
86
CubeSmart
CUBE
$9.21B
| $5.49M | 0.04% |
118,810
+1,360
| +1% | +$61K |
|
87
Federal Realty Investment Trust
FRT
$10.1B
| $5.08M | 0.03% |
51,370
| – | – |
|
88
VICI Properties
VICI
$29.2B
| $4.91M | 0.03% |
150,510
| – | – |
|
89
Sun Communities
SUI
$14.8B
| $4.65M | 0.03% |
33,010
| – | – |
|
|
HPP
90
Hudson Pacific Properties
HPP
$787M
| $4.51M | 0.03% |
96,979
+31,454
| +48% | +$2.02M |
|
91
Healthpeak Properties
DOC
$14.8B
| $4.41M | 0.03% |
200,776
+36,280
| +22% | +$900K |
|
92
State Street
STT
$51.4B
| $4.35M | 0.03% |
57,534
-31,782
| -36% | -$2.68M |
|
|
VMEO
93
DELISTED
Vimeo
VMEO
| $3.76M | 0.02% |
981,484
+26,334
| +3% | +$103K |
|
94
Highwoods Properties
HIW
$3.46B
| $3.55M | 0.02% |
153,070
| – | – |
|
|
NTST
95
NETSTREIT Corp
NTST
$2.07B
| $2.91M | 0.02% |
159,110
-101,240
| -39% | -$1.95M |
|
96
Truist Financial
TFC
$61.6B
| $2.29M | 0.02% |
67,106
-2,184
| -3% | -$95.3K |
|
|
CHCT
97
Community Healthcare Trust
CHCT
$426M
| $1.85M | 0.01% |
+50,670
| New | +$1.98M |
|
98
Lam Research
LRCX
$393B
| $651K | ﹤0.01% |
12,280
| – | – |
|
|
SKX
99
DELISTED
Skechers
SKX
| $589K | ﹤0.01% |
12,400
| – | – |
|
100
RH
RH
$2.9B
| $546K | ﹤0.01% |
2,240
+1,090
| +95% | +$316K |
|
Similar funds
Christopher Davis's Q1 2023 Portfolio in Review
As of Q1 2023, Christopher Davis held 110 positions worth $15.1B, up 2.8% from $14.7B the previous quarter. Its ten largest holdings account for 56% of the portfolio.
Christopher Davis's Q1 2023 filing shows 1 new, 44 increased, 47 reduced and 9 closed positions. Its largest new stake was Community Healthcare Trust: 50,670 shares worth $1.85M. The largest sale was Meta Platforms (Facebook), an estimated $46.1M.
By sector, the portfolio is most concentrated in Financials at 42% of assets, down from 47% a quarter earlier, followed by Communication Services and Technology.
- Christopher Davis's largest Q1 2023 buy was Community Healthcare Trust: 50,670 shares worth $1.85M.
- Christopher Davis added most to Amazon in Q1 2023, an estimated $46M increase.
- Christopher Davis's biggest Q1 2023 reduction was Meta Platforms (Facebook), cutting an estimated $46.1M.
- Christopher Davis fully exited RTX Corp in Q1 2023, selling an estimated $14.6M.
- Christopher Davis's ten largest holdings make up 56% of its $15.1B portfolio in Q1 2023.
- Christopher Davis opened 1 new position and closed 9 in Q1 2023.
- Christopher Davis's portfolio value rose 2.8% quarter-over-quarter to $15.1B.
Based on Davis Selected Advisers's 13F filing for Q1 2023, filed 8 May 2023.