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DAM
Davis Asset Management Portfolio holdings
AUM
$3.46B
1-Year Est. Return
9.77%
This Fund
S&P 500
This Quarter
Est. Return
+10.64%
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
$2.28B
AUM Growth
+$222M
(+11%)
Cap. Flow
+$34.1M
Cap. Flow
% of AUM
1.49%
Top 10 Holdings %
Top 10 Hldgs %
56.32%
Holding
33
New
–
Increased
3
Reduced
1
Closed
–
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Corebridge Financial
CRBG
|
+$24.7M |
| 2 |
Five Star Bancorp
FSBC
|
+$10.8M |
| 3 |
CNB Financial Corp
CCNE
|
+$2.08M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Glacier Bancorp
GBCI
|
+$3.49M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 70.59% |
| 2 | Communication Services | 17.32% |
| 3 | Industrials | 6.45% |
| 4 | Real Estate | 4.05% |
| 5 | Consumer Discretionary | 1.59% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1
Meta Platforms (Facebook)
META
$1.52T
| $243M | 10.65% |
500,000
| – | – |
|
2
Western Alliance Bancorporation
WAL
$8.78B
| $160M | 7.04% |
2,500,000
| – | – |
|
3
Alphabet (Google) Class C
GOOG
$4.34T
| $152M | 6.68% |
1,000,000
| – | – |
|
4
Global Payments
GPN
$22.8B
| $147M | 6.45% |
1,100,000
| – | – |
|
5
Chubb
CB
$134B
| $117M | 5.11% |
450,000
| – | – |
|
6
Webster Financial
WBS
$12.8B
| $102M | 4.45% |
2,000,000
| – | – |
|
7
KKR & Co
KKR
$93.4B
| $101M | 4.41% |
1,000,000
| – | – |
|
8
State Street
STT
$51.1B
| $92.8M | 4.07% |
1,200,000
| – | – |
|
|
9
Corebridge Financial
CRBG
$15.4B
| $86.2M | 3.78% |
3,000,000
+1,000,000
| +50% | +$24.7M |
|
10
Berkshire Hathaway Class B
BRK.B
$1.14T
| $84.1M | 3.69% |
200,000
| – | – |
|
11
Visa
V
$671B
| $83.7M | 3.67% |
300,000
| – | – |
|
12
Axos Financial
AX
$5.62B
| $81.1M | 3.55% |
1,500,000
| – | – |
|
|
13
Berkshire Hathaway Class A
BRK.A
$1.14T
| $76.1M | 3.34% |
120
| – | – |
|
14
Carlyle Group
CG
$17.2B
| $70.4M | 3.09% |
1,500,000
| – | – |
|
15
Equity Residential
EQR
$24.6B
| $63.1M | 2.77% |
1,000,000
| – | – |
|
16
Arch Capital
ACGL
$33.3B
| $60.1M | 2.63% |
650,000
| – | – |
|
|
SFBS
17
ServisFirst Bancshares
SFBS
$4.83B
| $54.7M | 2.4% |
823,562
| – | – |
|
18
Markel Group
MKL
$22.8B
| $53.3M | 2.34% |
35,000
| – | – |
|
19
M&T Bank
MTB
$36.2B
| $50.2M | 2.2% |
345,000
| – | – |
|
20
Goldman Sachs
GS
$301B
| $50.1M | 2.2% |
120,000
| – | – |
|
21
US Bancorp
USB
$99.9B
| $44.7M | 1.96% |
1,000,000
| – | – |
|
22
Mastercard
MA
$491B
| $40.9M | 1.79% |
85,000
| – | – |
|
23
Raymond James Financial
RJF
$34.4B
| $38.5M | 1.69% |
300,000
| – | – |
|
24
TriCo Bancshares
TCBK
$1.81B
| $37.5M | 1.65% |
1,020,800
| – | – |
|
25
Alibaba
BABA
$315B
| $36.2M | 1.59% |
500,000
| – | – |
|
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Davis Asset Management's Q1 2024 Portfolio in Review
As of Q1 2024, Davis Asset Management held 33 positions worth $2.28B, up 11% from $2.06B the previous quarter. Its ten largest holdings account for 56% of the portfolio.
Trading was light in Q1 2024: portfolio turnover was 0%. Davis Asset Management opened no new positions and made no exits, leaving the 33-position portfolio largely intact.
By sector, the portfolio is most concentrated in Financials at 71% of assets, down from 72% a quarter earlier, followed by Communication Services and Industrials.
- Davis Asset Management added most to Corebridge Financial in Q1 2024, an estimated $24.7M increase.
- Davis Asset Management's biggest Q1 2024 reduction was Glacier Bancorp, cutting an estimated $3.49M.
- Davis Asset Management's ten largest holdings make up 56% of its $2.28B portfolio in Q1 2024.
- Davis Asset Management opened 0 new positions and closed 0 in Q1 2024.
- Davis Asset Management's portfolio value rose 11% quarter-over-quarter to $2.28B.
Based on Davis Asset Management's 13F filing for Q1 2024, filed 13 May 2024.