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 |
Viatris
VTRS
|
+$75.8M |
| 2 |
Owens Corning
OC
|
+$62.6M |
| 3 |
Capital One
COF
|
+$50.4M |
| 4 |
PPLI
People Inc
PPLI
|
+$38.1M |
| 5 |
Markel Group
MKL
|
+$26.3M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Alphabet (Google) Class C
GOOG
|
+$444M |
| 2 |
Meta Platforms (Facebook)
META
|
+$136M |
| 3 |
Alphabet (Google) Class A
GOOGL
|
+$80.1M |
| 4 |
Applied Materials
AMAT
|
+$24.8M |
| 5 |
Baidu
BIDU
|
+$13.8M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 42.43% |
| 2 | Communication Services | 14.55% |
| 3 | Technology | 12.58% |
| 4 | Healthcare | 8.61% |
| 5 | Consumer Discretionary | 8.49% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
ROIC
76
DELISTED
Retail Opportunity Investments Corp.
ROIC
| $7.84M | 0.05% |
580,065
+14,920
| +3% | +$193K |
|
77
iQIYI
IQ
$1.01B
| $7.68M | 0.05% |
1,437,345
-1,598,636
| -53% | -$8.99M |
|
78
Rexford Industrial Realty
REXR
$8.3B
| $7.38M | 0.05% |
141,390
-104,550
| -43% | -$5.7M |
|
|
LSI
79
DELISTED
Life Storage, Inc.
LSI
| $7.26M | 0.04% |
54,630
| – | – |
|
80
Boston Properties
BXP
$10.8B
| $7.26M | 0.04% |
126,010
+2,940
| +2% | +$153K |
|
|
81
Baidu
BIDU
$31.6B
| $6.7M | 0.04% |
48,907
-105,537
| -68% | -$13.8M |
|
82
Camden Property Trust
CPT
$10.8B
| $6.35M | 0.04% |
58,360
+1,100
| +2% | +$119K |
|
83
Douglas Emmett
DEI
$1.97B
| $6.24M | 0.04% |
496,370
+12,550
| +3% | +$152K |
|
84
M&T Bank
MTB
$34.7B
| $5.8M | 0.04% |
46,895
-340
| -0.7% | -$41.1K |
|
85
Regency Centers
REG
$13.9B
| $5.61M | 0.03% |
+90,800
| New | +$5.4M |
|
86
CubeSmart
CUBE
$9.21B
| $5.31M | 0.03% |
118,810
| – | – |
|
87
Federal Realty Investment Trust
FRT
$10.1B
| $5.08M | 0.03% |
52,500
+1,130
| +2% | +$106K |
|
88
VICI Properties
VICI
$29.2B
| $4.73M | 0.03% |
150,510
| – | – |
|
89
Sun Communities
SUI
$14.8B
| $4.41M | 0.03% |
33,840
+830
| +3% | +$111K |
|
90
State Street
STT
$51.4B
| $4.16M | 0.03% |
56,888
-646
| -1% | -$46.4K |
|
|
VMEO
91
DELISTED
Vimeo
VMEO
| $4.05M | 0.02% |
982,661
+1,177
| +0.1% | +$4.46K |
|
92
Healthpeak Properties
DOC
$14.8B
| $4.04M | 0.02% |
200,776
| – | – |
|
93
Highwoods Properties
HIW
$3.46B
| $3.75M | 0.02% |
157,020
+3,950
| +3% | +$87.4K |
|
|
CHCT
94
Community Healthcare Trust
CHCT
$426M
| $3.46M | 0.02% |
104,830
+54,160
| +107% | +$1.88M |
|
|
HPP
95
Hudson Pacific Properties
HPP
$787M
| $2.86M | 0.02% |
96,979
| – | – |
|
|
NTST
96
NETSTREIT Corp
NTST
$2.07B
| $2.84M | 0.02% |
159,110
| – | – |
|
97
Truist Financial
TFC
$61.6B
| $2M | 0.01% |
66,014
-1,092
| -2% | -$33.9K |
|
98
Lam Research
LRCX
$393B
| $789K | ﹤0.01% |
12,280
| – | – |
|
99
RH
RH
$2.9B
| $738K | ﹤0.01% |
2,240
| – | – |
|
|
SKX
100
DELISTED
Skechers
SKX
| $653K | ﹤0.01% |
12,400
| – | – |
|
Similar funds
Christopher Davis's Q2 2023 Portfolio in Review
As of Q2 2023, Christopher Davis held 103 positions worth $16.4B, up 8.5% from $15.1B the previous quarter. Its ten largest holdings account for 59% of the portfolio.
Trading was light in Q2 2023: portfolio turnover was 2.9%. Christopher Davis opened 2 new positions and exited 1, leaving the 103-position portfolio largely intact.
By sector, the portfolio is most concentrated in Financials at 42% of assets, up from 42% a quarter earlier, followed by Communication Services and Technology.
- Christopher Davis's largest Q2 2023 buy was Regency Centers: 90,800 shares worth $5.61M.
- Christopher Davis added most to Viatris in Q2 2023, an estimated $75.8M increase.
- Christopher Davis's biggest Q2 2023 reduction was Alphabet (Google) Class C, cutting an estimated $444M.
- Christopher Davis fully exited Greenlight Captial in Q2 2023, selling an estimated $6.22M.
- Christopher Davis's ten largest holdings make up 59% of its $16.4B portfolio in Q2 2023.
- Christopher Davis opened 2 new positions and closed 1 in Q2 2023.
- Christopher Davis's portfolio value rose 8.5% quarter-over-quarter to $16.4B.
Based on Davis Selected Advisers's 13F filing for Q2 2023, filed 9 Aug 2023.