Davis Asset Management Portfolio holdings
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Western Alliance Bancorporation
WAL
|
+$44.1M |
| 2 |
ServisFirst Bancshares
SFBS
|
+$7.81M |
| 3 |
Timberland Bancorp
TSBK
|
+$1.4M |
| 4 |
Home BancShares
HOMB
|
+$928K |
| 5 |
Bank OZK
OZK
|
+$61 |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Blackrock
BLK
|
+$12.6M |
| 2 |
Prosperity Bancshares
PB
|
+$3.1M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 92.15% |
| 2 | Communication Services | 4.7% |
| 3 | Miscellaneous | 1.58% |
| 4 | Consumer Discretionary | 1.56% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | Held Since | |
|---|---|---|---|---|---|---|---|
26
Alibaba
BABA
$276B
| $18.2M | 1.56% |
100,000
| – | – |
2018 Q3
2 quarters
|
|
|
27
Home BancShares
HOMB
$5.78B
| $12.3M | 1.05% |
700,000
+50,000
| +8% | +$928K |
2014 Q3
18 quarters
|
|
|
STL
28
DELISTED
Sterling Bancorp
STL
| $11.2M | 0.95% |
599,200
| – | – |
2018 Q4
1 quarter
|
|
29
Texas Capital Bancshares
TCBI
$3.94B
| $10.9M | 0.93% |
200,000
| – | – |
2018 Q4
1 quarter
|
|
30
Berkshire Hathaway Class B
BRK.B
$1.13T
| $7.03M | 0.6% |
35,000
| – | – |
2013 Q2
23 quarters
|
|
31
Axos Financial
AX
$4.97B
| $5.75M | 0.49% |
198,428
| – | – |
2014 Q4
17 quarters
|
|
|
32
Timberland Bancorp
TSBK
$353M
| $1.4M | 0.12% |
+50,000
| New | +$1.4M |
2019 Q1
0 quarters
|
|
|
33
Prosperity Bancshares
PB
$8.11B
| – | – |
-49,679
| Closed | -$3.1M | – |
|
Similar funds
Davis Asset Management's Q1 2019 Portfolio in Review
As of Q1 2019, Davis Asset Management held 34 positions worth $1.17B, up 18% from $990M the previous quarter. Its ten largest holdings account for 54% of the portfolio.
Davis Asset Management deployed $57.1M of net new capital in Q1 2019, opening 2 new positions and adding to 4 existing holdings. Its largest new stake was Timberland Bancorp: 50,000 shares worth $1.4M.
By sector, the portfolio is most concentrated in Financials at 92% of assets, down from 94% a quarter earlier, followed by Communication Services and Miscellaneous.
On the sell side, the largest reduction was Blackrock, an estimated $12.6M trimmed.
- Davis Asset Management's largest Q1 2019 buy was Timberland Bancorp: 50,000 shares worth $1.4M.
- Davis Asset Management added most to Western Alliance Bancorporation in Q1 2019, an estimated $44.1M increase.
- Davis Asset Management's biggest Q1 2019 reduction was Blackrock, cutting an estimated $12.6M.
- Davis Asset Management fully exited Prosperity Bancshares in Q1 2019, selling an estimated $3.1M.
- Davis Asset Management's ten largest holdings make up 54% of its $1.17B portfolio in Q1 2019.
- Davis Asset Management opened 2 new positions and closed 1 in Q1 2019.
- Davis Asset Management's portfolio value rose 18% quarter-over-quarter to $1.17B.
Based on Davis Asset Management's 13F filing for Q1 2019, filed 13 May 2019.