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 |
UnitedHealth
UNH
|
+$414M |
| 2 |
Tyson Foods
TSN
|
+$246M |
| 3 |
CTRA
Coterra Energy
CTRA
|
+$237M |
| 4 |
US Bancorp
USB
|
+$187M |
| 5 |
MGM Resorts International
MGM
|
+$95.3M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Berkshire Hathaway Class A
BRK.A
|
+$376M |
| 2 |
Cigna
CI
|
+$251M |
| 3 |
Quest Diagnostics
DGX
|
+$180M |
| 4 |
Humana
HUM
|
+$169M |
| 5 |
Meta Platforms (Facebook)
META
|
+$63.3M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 34.68% |
| 2 | Healthcare | 16.18% |
| 3 | Communication Services | 13.01% |
| 4 | Consumer Discretionary | 12.35% |
| 5 | Technology | 9.21% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
76
Sunstone Hotel Investors
SHO
$2.1B
| $10M | 0.05% |
1,155,480
+363,750
| +46% | +$3.14M |
|
77
M&T Bank
MTB
$34.7B
| $9.88M | 0.05% |
50,948
-237
| -0.5% | -$41.8K |
|
78
Simon Property Group
SPG
$70.6B
| $9.44M | 0.05% |
58,723
-9,310
| -14% | -$1.47M |
|
79
American Homes 4 Rent
AMH
$12.4B
| $9.03M | 0.05% |
250,360
+7,240
| +3% | +$268K |
|
80
Camden Property Trust
CPT
$10.8B
| $8.86M | 0.05% |
78,650
+2,140
| +3% | +$247K |
|
81
Regency Centers
REG
$13.9B
| $8.68M | 0.05% |
121,830
+3,690
| +3% | +$264K |
|
82
Extra Space Storage
EXR
$31B
| $8.37M | 0.04% |
56,765
-20
| -0% | -$2.91K |
|
83
Essex Property Trust
ESS
$18.6B
| $8.09M | 0.04% |
28,541
+810
| +3% | +$228K |
|
84
Mid-America Apartment Communities
MAA
$15.2B
| $7.85M | 0.04% |
53,050
+1,600
| +3% | +$250K |
|
85
EastGroup Properties
EGP
$10.8B
| $7.71M | 0.04% |
46,130
+1,380
| +3% | +$230K |
|
86
State Street
STT
$51.4B
| $7.68M | 0.04% |
72,251
-453
| -0.6% | -$41.9K |
|
|
VMRK
87
Vivmark Residential
VMRK
$25B
| $6.87M | 0.04% |
101,725
+1,870
| +2% | +$129K |
|
88
Healthpeak Properties
DOC
$14.8B
| $6.81M | 0.04% |
389,186
+142,380
| +58% | +$2.53M |
|
89
Truist Financial
TFC
$61.6B
| $6.7M | 0.04% |
155,845
-586
| -0.4% | -$22.9K |
|
90
UDR
UDR
$12.1B
| $6.61M | 0.04% |
161,990
+3,380
| +2% | +$140K |
|
|
HPP
91
Hudson Pacific Properties
HPP
$787M
| $6.29M | 0.03% |
327,996
-142
| -0% | -$2.3K |
|
92
Terreno Realty
TRNO
$7.43B
| $5.84M | 0.03% |
104,197
+3,370
| +3% | +$193K |
|
93
VICI Properties
VICI
$29.2B
| $5.53M | 0.03% |
169,740
+26,300
| +18% | +$837K |
|
|
CHCT
94
Community Healthcare Trust
CHCT
$426M
| $5.53M | 0.03% |
332,280
+30,540
| +10% | +$504K |
|
95
Sun Communities
SUI
$14.8B
| $4.85M | 0.03% |
38,370
+13,330
| +53% | +$1.65M |
|
96
Crown Castle
CCI
$32.1B
| $4.35M | 0.02% |
42,300
+1,300
| +3% | +$132K |
|
97
Douglas Emmett
DEI
$1.97B
| $4.16M | 0.02% |
276,750
+7,930
| +3% | +$115K |
|
98
COPT Defense Properties
CDP
$4.23B
| $4.07M | 0.02% |
+147,490
| New | +$3.99M |
|
|
NTST
99
NETSTREIT Corp
NTST
$2.07B
| $3.73M | 0.02% |
220,510
+105,550
| +92% | +$1.69M |
|
100
Realty Income
O
$59.2B
| $2.82M | 0.02% |
+48,870
| New | +$2.76M |
|
Similar funds
Christopher Davis's Q2 2025 Portfolio in Review
As of Q2 2025, Christopher Davis held 112 positions worth $18.7B, up 7.8% from $17.3B the previous quarter. Its ten largest holdings account for 52% of the portfolio.
Christopher Davis's Q2 2025 filing shows 8 new, 43 increased, 49 reduced and 5 closed positions. Its largest new stake was Coterra Energy: 9,338,141 shares worth $237M. The largest sale was Berkshire Hathaway Class A, an estimated $376M.
By sector, the portfolio is most concentrated in Financials at 35% of assets, down from 37% a quarter earlier, followed by Healthcare and Communication Services.
- Christopher Davis's largest Q2 2025 buy was Coterra Energy: 9,338,141 shares worth $237M.
- Christopher Davis added most to UnitedHealth in Q2 2025, an estimated $414M increase.
- Christopher Davis's biggest Q2 2025 reduction was Berkshire Hathaway Class A, cutting an estimated $376M.
- Christopher Davis fully exited Clear Secure in Q2 2025, selling an estimated $15.1M.
- Christopher Davis's ten largest holdings make up 52% of its $18.7B portfolio in Q2 2025.
- Christopher Davis opened 8 new positions and closed 5 in Q2 2025.
- Christopher Davis's portfolio value rose 7.8% quarter-over-quarter to $18.7B.
Based on Davis Selected Advisers's 13F filing for Q2 2025, filed 8 Aug 2025.