Davis Asset Management Portfolio holdings
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Western Alliance Bancorporation
WAL
|
+$23.6M |
| 2 |
Bank OZK
OZK
|
+$18M |
| 3 |
Texas Capital Bancshares
TCBI
|
+$12.6M |
| 4 |
STL
Sterling Bancorp
STL
|
+$11.2M |
| 5 |
ServisFirst Bancshares
SFBS
|
+$7.49M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
GNBC
Green Bancorp, Inc
GNBC
|
+$400K |
| 2 |
Axos Financial
AX
|
+$118K |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 93.68% |
| 2 | Communication Services | 4.93% |
| 3 | Consumer Discretionary | 1.38% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | Held Since | |
|---|---|---|---|---|---|---|---|
26
Alibaba
BABA
$276B
| $13.7M | 1.38% |
100,000
| – | – |
2018 Q3
1 quarter
|
|
27
Home BancShares
HOMB
$5.78B
| $10.6M | 1.07% |
650,000
+350,000
| +117% | +$6.65M |
2014 Q3
17 quarters
|
|
|
28
Texas Capital Bancshares
TCBI
$3.94B
| $10.2M | 1.03% |
+200,000
| New | +$12.6M |
2018 Q4
0 quarters
|
|
|
STL
29
DELISTED
Sterling Bancorp
STL
| $9.89M | 1% |
+599,200
| New | +$11.2M |
2018 Q4
0 quarters
|
|
30
Berkshire Hathaway Class B
BRK.B
$1.13T
| $7.15M | 0.72% |
35,000
| – | – |
2013 Q2
22 quarters
|
|
|
31
Axos Financial
AX
$4.97B
| $5M | 0.5% |
198,428
-3,900
| -2% | -$118K |
2014 Q4
16 quarters
|
|
32
Prosperity Bancshares
PB
$8.11B
| $3.1M | 0.31% |
49,679
| – | – |
2014 Q3
17 quarters
|
|
|
GNBC
33
DELISTED
Green Bancorp, Inc
GNBC
| – | – |
-18,100
| Closed | -$400K | – |
|
Similar funds
Davis Asset Management's Q4 2018 Portfolio in Review
As of Q4 2018, Davis Asset Management held 33 positions worth $990M, down 9.2% from $1.09B the previous quarter. Its ten largest holdings account for 55% of the portfolio.
Davis Asset Management deployed $95.7M of net new capital in Q4 2018, opening 3 new positions and adding to 6 existing holdings. Its largest new stake was Western Alliance Bancorporation: 500,000 shares worth $19.7M.
By sector, the portfolio is most concentrated in Financials at 94% of assets, up from 93% a quarter earlier, followed by Communication Services and Consumer Discretionary.
On the sell side, the largest reduction was Axos Financial, an estimated $118K trimmed.
- Davis Asset Management's largest Q4 2018 buy was Western Alliance Bancorporation: 500,000 shares worth $19.7M.
- Davis Asset Management added most to Bank OZK in Q4 2018, an estimated $18M increase.
- Davis Asset Management's biggest Q4 2018 reduction was Axos Financial, cutting an estimated $118K.
- Davis Asset Management fully exited Green Bancorp, Inc in Q4 2018, selling an estimated $400K.
- Davis Asset Management's ten largest holdings make up 55% of its $990M portfolio in Q4 2018.
- Davis Asset Management opened 3 new positions and closed 1 in Q4 2018.
- Davis Asset Management's portfolio value fell 9.2% quarter-over-quarter to $990M.
Based on Davis Asset Management's 13F filing for Q4 2018, filed 12 Feb 2019.