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 |
DIDI
DiDi Global Inc. American depositary shares, each four representing one Class A ordinary share
DIDI
|
+$614M |
| 2 |
New Oriental
EDU
|
+$435M |
| 3 |
Vroom Inc
VRM
|
+$179M |
| 4 |
VMEO
Vimeo
VMEO
|
+$159M |
| 5 |
TAL Education Group
TAL
|
+$104M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Carrier Global
CARR
|
+$668M |
| 2 |
Alphabet (Google) Class C
GOOG
|
+$295M |
| 3 |
Capital One
COF
|
+$187M |
| 4 |
RTX Corp
RTX
|
+$184M |
| 5 |
PPLI
People Inc
PPLI
|
+$182M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 44.15% |
| 2 | Communication Services | 14.56% |
| 3 | Technology | 12.46% |
| 4 | Consumer Discretionary | 10.78% |
| 5 | Healthcare | 5.81% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
1
Capital One
COF
$134B
| $2.26B | 9.27% |
14,585,733
-1,241,642
| -8% | -$187M |
|
2
Wells Fargo
WFC
$254B
| $1.85B | 7.61% |
40,873,138
-44,281
| -0.1% | -$1.98M |
|
3
Applied Materials
AMAT
$391B
| $1.28B | 5.27% |
9,006,379
-759,651
| -8% | -$102M |
|
|
4
Alphabet (Google) Class C
GOOG
$4.18T
| $1.14B | 4.69% |
9,098,540
-2,473,780
| -21% | -$295M |
|
5
Amazon
AMZN
$2.79T
| $1.13B | 4.64% |
6,565,980
+129,180
| +2% | +$21.5M |
|
6
Meta Platforms (Facebook)
META
$1.4T
| $1.11B | 4.56% |
3,189,141
+12,432
| +0.4% | +$3.99M |
|
7
US Bancorp
USB
$96.7B
| $1.04B | 4.26% |
18,182,687
+12,416
| +0.1% | +$728K |
|
8
Berkshire Hathaway Class A
BRK.A
$1.06T
| $1.03B | 4.22% |
2,455
-13
| -0.5% | -$5.46M |
|
9
Alibaba
BABA
$286B
| $990M | 4.07% |
4,366,296
+286,221
| +7% | +$63.6M |
|
10
JPMorgan Chase
JPM
$935B
| $887M | 3.65% |
5,705,379
-655,327
| -10% | -$103M |
|
|
11
New Oriental
EDU
$8.88B
| $871M | 3.58% |
10,635,738
+3,582,118
| +51% | +$435M |
|
12
American Express
AXP
$227B
| $813M | 3.34% |
4,917,390
-38,197
| -0.8% | -$5.98M |
|
|
BNY
13
Bank of New York Mellon
BNY
$108B
| $774M | 3.18% |
15,117,609
+84,021
| +0.6% | +$4.2M |
|
14
Intel
INTC
$476B
| $729M | 3% |
12,994,214
+72,381
| +0.6% | +$4.25M |
|
|
15
Alphabet (Google) Class A
GOOGL
$4.22T
| $651M | 2.67% |
5,329,960
+28,320
| +0.5% | +$3.31M |
|
16
Texas Instruments
TXN
$241B
| $637M | 2.62% |
3,311,977
+3,722
| +0.1% | +$698K |
|
17
Viatris
VTRS
$18.7B
| $599M | 2.46% |
41,920,221
+630,642
| +2% | +$9.12M |
|
|
DIDI
18
DELISTED
DiDi Global Inc. American depositary shares, each four representing one Class A ordinary share
DIDI
| $556M | 2.28% |
+43,449,548
| New | +$614M |
|
|
19
Berkshire Hathaway Class B
BRK.B
$1.06T
| $428M | 1.76% |
1,538,419
+8,869
| +0.6% | +$2.48M |
|
20
Quest Diagnostics
DGX
$27B
| $372M | 1.53% |
2,815,614
+37,508
| +1% | +$4.91M |
|
|
PPLI
21
People Inc
PPLI
$2.86B
| $330M | 1.36% |
2,607,546
-1,406,129
| -35% | -$182M |
|
|
22
Vroom Inc
VRM
$53.8M
| $297M | 1.22% |
88,818
+52,665
| +146% | +$179M |
|
23
Chubb
CB
$132B
| $296M | 1.22% |
1,863,653
+61,555
| +3% | +$10.2M |
|
24
Cigna
CI
$73.3B
| $276M | 1.13% |
1,164,735
+4,344
| +0.4% | +$1.08M |
|
25
JD.com
JD
$39.7B
| $268M | 1.1% |
3,356,852
+110,297
| +3% | +$8.3M |
|
Similar funds
Christopher Davis's Q2 2021 Portfolio in Review
As of Q2 2021, Christopher Davis held 120 positions worth $24.3B, up 6.5% from $22.9B the previous quarter. Its ten largest holdings account for 52% of the portfolio.
Christopher Davis's Q2 2021 filing shows 9 new, 37 increased, 65 reduced and 1 closed positions. Its largest new stake was DiDi Global Inc. American depositary shares, each four representing one Class A ordinary share: 43,449,548 shares worth $556M. The largest sale was Carrier Global, an estimated $668M.
By sector, the portfolio is most concentrated in Financials at 44% of assets, up from 42% a quarter earlier, followed by Communication Services and Technology.
- Christopher Davis's largest Q2 2021 buy was DiDi Global Inc. American depositary shares, each four representing one Class A ordinary share: 43,449,548 shares worth $556M.
- Christopher Davis added most to New Oriental in Q2 2021, an estimated $435M increase.
- Christopher Davis's biggest Q2 2021 reduction was Carrier Global, cutting an estimated $668M.
- Christopher Davis fully exited Crown Castle in Q2 2021, selling an estimated $9.27M.
- Christopher Davis's ten largest holdings make up 52% of its $24.3B portfolio in Q2 2021.
- Christopher Davis opened 9 new positions and closed 1 in Q2 2021.
- Christopher Davis's portfolio value rose 6.5% quarter-over-quarter to $24.3B.
Based on Davis Selected Advisers's 13F filing for Q2 2021, filed 13 Aug 2021.