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Portfolio (Quarterly) Guide ↗

Davis Selected Advisers

· CIK 0001036325
13F Portfolio $19.2B AUM Filed Dec 29, 2025 EDGAR ↗ ← All Funds
Q4 2025 Q3 2025 · All 107 New
Page 2 of 6  ·  107 positions
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
21 Berkshire Hathaway Inc., Class B 533,948.0 $268.4M 1.40% NEW $502.74
22 DGX Quest Diagnostics Inc. Healthcare 1,361,612.0 $259.5M 1.35% NEW $190.58 +2.4%
23 PINS Pinterest, Inc., Class A Communication Services 7,892,057.0 $253.9M 1.32% NEW $32.17 -40.0%
24 OC Owens Corning Industrials 1,777,367.0 $251.4M 1.31% NEW $141.46 -17.0%
25 QSR Restaurant Brands International, Inc. Consumer Cyclical 3,542,388.0 $227.2M 1.19% NEW $64.14 +17.5%
26 YMM Full Truck Alliance Co. Ltd., ADR Technology 14,981,773.0 $194.3M 1.01% NEW $12.97 -32.0%
27 AGCO AGCO Corporation Industrials 1,812,922.0 $194.1M 1.01% NEW $107.07 +5.4%
28 CI Cigna Group Healthcare 656,318.0 $189.2M 0.99% NEW $288.25 -0.7%
29 JPM JPMorgan Chase & Co. Financial Services 595,626.0 $187.9M 0.98% NEW $315.43 -2.9%
30 DUSA Davis Select U.S. Equity ETF 3,383,338.0 $162.1M 0.85% NEW $47.90 +16.7%
31 APP AppLovin Corp., Class A Technology 223,574.0 $160.6M 0.84% NEW $718.54 -33.0%
32 GOOG Alphabet Inc., Class C Communication Services 646,051.0 $157.3M 0.82% NEW $243.55 +55.8%
33 COP ConocoPhillips Energy 1,599,311.0 $151.3M 0.79% NEW $94.59 +27.3%
34 FITB Fifth Third Bancorp Financial Services 2,668,869.0 $118.9M 0.62% NEW $44.55 +11.1%
35 BK Bank of New York Mellon Corp. Financial Services 1,010,681.0 $110.1M 0.57% NEW $108.96 +27.7%
36 DINT Davis Select International ETF 3,890,080.0 $108.8M 0.57% NEW $27.98 +3.0%
37 PNC PNC Financial Services Group, Inc. Financial Services 501,817.0 $100.8M 0.53% NEW $200.93 +9.1%
38 HUM Humana Inc. Healthcare 385,539.0 $100.3M 0.52% NEW $260.17 +18.4%
39 DFNL Davis Select Financial ETF 2,129,860.0 $96.3M 0.50% NEW $45.22 +2.7%
40 NTES NetEase Inc. - ADR Technology 594,740.0 $90.4M 0.47% NEW $151.99 -23.3%
Page 2 of 6  ·  107 positions

Period Price is the implied market price on the last day of the reporting period, calculated as reported value ÷ shares held. It is not the fund's purchase price or cost basis — the fund may have initiated or added to the position at any point during the quarter at a different price. Since Period shows the price change from that quarter-end snapshot to today's last price — it reflects stock movement after the report date, not the fund's actual return.

Sector Allocation
Financial Services 30.4%
Healthcare 16.4%
Communication Services 13.4%
Consumer Cyclical 12.5%
Technology 12.3%
Energy 3.5%
Consumer Defensive 3.5%
Industrials 3.0%
Basic Materials 2.9%
Real Estate 2.2%