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Davis Asset Management Portfolio holdings

AUM $3.46B
1-Year Est. Return 9.77%
This Fund
S&P 500
This Quarter Est. Return
+4.89%
1 Year Est. Return
+9.77%
3 Year Est. Return
+89.76%
5 Year Est. Return
+72.14%
10 Year Est. Return
+357.84%
AUM
$1.67B
AUM Growth
+$113M
Cap. Flow
+$17.7M
Cap. Flow %
1.06%
Top 10 Hldgs %
59.16%
Holding
32
New
–
Increased
3
Reduced
2
Closed
–

Top Buys

Rank Stock Value
1
AX icon
Axos Financial
AX
+$8.72M
2
MTB icon
M&T Bank
MTB
+$7.26M
3
WBS icon
Webster Financial
WBS
+$3.69M

Top Sells

Rank Stock Value
1
ACGL icon
Arch Capital
ACGL
+$1.81M
2
SSBK
Southern States Bancshares
SSBK
+$157K

Sector Composition

Rank Sector Weight
1 Financials 72.79%
2 Communication Services 15.84%
3 Industrials 6.49%
4 Consumer Discretionary 2.5%
5 Real Estate 1.4%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
FSBC icon
26
Five Star Bancorp
FSBC
$1.13B
$22.4M 1.34%
1,000,000
– –
FCNCA icon
27
First Citizens BancShares
FCNCA
$25.4B
$18.2M 1.09%
14,200
– –
SSBK
28
DELISTED
Southern States Bancshares
SSBK
$16.7M 1%
789,946
-7,298
-0.9% -$157K
PACW
29
DELISTED
PacWest Bancorp
PACW
$16.5M 0.99%
2,030,000
– –
ABCB icon
30
Ameris Bancorp
ABCB
$5.88B
$13.7M 0.82%
400,000
– –
CCNE icon
31
CNB Financial Corp
CCNE
$1.02B
$7.06M 0.42%
400,076
– –
TSBK icon
32
Timberland Bancorp
TSBK
$350M
$4.46M 0.27%
174,476
– –
1
2

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PCM
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RBA
Richard Bernstein Advisors New York $3.45B AUM 16.24% 1-Year Est. Return
JGC
J. Goldman & Co New York $3.44B AUM 33.82% 1-Year Est. Return
CIA
Caledonia Investments (Australia) Sydney NSW, Australia $3.44B AUM 20.03% 1-Year Est. Return
MSC
MUFG Securities (Canada) New York $3.48B AUM 45.13% 1-Year Est. Return
ACM
Aquatic Capital Management Chicago, Illinois $3.48B AUM 24.9% 1-Year Est. Return
DILIC
Dai-ichi Life Insurance Company Tokyo, Japan $3.49B AUM 27.28% 1-Year Est. Return
TCM
TCG Crossover Management Palo Alto, California $3.5B AUM 1,165.83% 1-Year Est. Return

Davis Asset Management's Q2 2023 Portfolio in Review

As of Q2 2023, Davis Asset Management held 32 positions worth $1.67B, up 7.2% from $1.56B the previous quarter. Its ten largest holdings account for 59% of the portfolio.

Trading was light in Q2 2023: portfolio turnover was 0%. Davis Asset Management opened no new positions and made no exits, leaving the 32-position portfolio largely intact.

By sector, the portfolio is most concentrated in Financials at 73% of assets, down from 76% a quarter earlier, followed by Communication Services and Industrials.

  • Davis Asset Management added most to Axos Financial in Q2 2023, an estimated $8.72M increase.
  • Davis Asset Management's biggest Q2 2023 reduction was Arch Capital, cutting an estimated $1.81M.
  • Davis Asset Management's ten largest holdings make up 59% of its $1.67B portfolio in Q2 2023.
  • Davis Asset Management opened 0 new positions and closed 0 in Q2 2023.
  • Davis Asset Management's portfolio value rose 7.2% quarter-over-quarter to $1.67B.

Based on Davis Asset Management's 13F filing for Q2 2023, filed 14 Aug 2023.