DAM

Davis Asset Management’s Visa V Stock Holding History

Quarter	Market Value	Status	Shares	Shares Change %	Trade Value	Portfolio Weight	Portfolio Position
2025 Q2	$107M	Hold	300,000	–	–	4.15%	10
2025 Q1	$105M	Hold	300,000	–	–	4.37%	8
2024 Q4	$94.8M	Hold	300,000	–	–	3.87%	10
2024 Q3	$82.5M	Hold	300,000	–	–	3.3%	12
2024 Q2	$78.7M	Hold	300,000	–	–	3.54%	11
2024 Q1	$83.7M	Hold	300,000	–	–	3.67%	11
2023 Q4	$78.1M	Hold	300,000	–	–	3.79%	10
2023 Q3	$69M	Hold	300,000	–	–	4.03%	10
2023 Q2	$71.2M	Hold	300,000	–	–	4.27%	8
2023 Q1	$67.6M	Hold	300,000	–	–	4.34%	7
2022 Q4	$62.3M	Hold	300,000	–	–	3.48%	9
2022 Q3	$53.3M	Hold	300,000	–	–	3.12%	12
2022 Q2	$59.1M	Hold	300,000	–	–	3.36%	10
2022 Q1	$66.5M	Hold	300,000	–	–	3.25%	11
2021 Q4	$65M	Hold	300,000	–	–	3.08%	13
2021 Q3	$70.1M	Hold	300,000	–	–	3.63%	11
2021 Q2	$70.1M	Hold	300,000	–	–	3.73%	11
2021 Q1	$63.5M	Hold	300,000	–	–	3.61%	12
2020 Q4	$65.6M	Hold	300,000	–	–	4.51%	8
2020 Q3	$60M	Hold	300,000	–	–	5.49%	5
2020 Q2	$58M	Hold	300,000	–	–	5.74%	5
2020 Q1	$48.3M	Sell	300,000 -75,000	-20%	-$12.1M	5.56%	7
2019 Q4	$70.5M	Sell	375,000 -25,000	-6%	-$4.7M	5.23%	6
2019 Q3	$68.8M	Hold	400,000	–	–	5.33%	6
2019 Q2	$69.4M	Hold	400,000	–	–	5.5%	6
2019 Q1	$62.5M	Hold	400,000	–	–	5.34%	5
2018 Q4	$52.8M	Hold	400,000	–	–	5.33%	5
2018 Q3	$60M	Sell	400,000 -10,000	-2%	-$1.5M	5.51%	6
2018 Q2	$54.3M	Hold	410,000	–	–	5.06%	7
2018 Q1	$49M	Hold	410,000	–	–	5.12%	8
2017 Q4	$46.5M	Hold	410,000	–	–	5.09%	9
2017 Q3	$43.1M	Hold	410,000	–	–	5.1%	9
2017 Q2	$38.4M	Buy	410,000 +10,000	+3%	+$938K	4.92%	8
2017 Q1	$35.5M	Hold	400,000	–	–	4.65%	10
2016 Q4	$31.2M	Buy	+400,000	New	+$31.2M	4.23%	10