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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 1 of 6  ·  107 positions
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
1 COF Capital One Financial Corp. Financial Services 8,380,117.0 $1.78B 9.30% NEW $212.58 -11.7%
2 META Meta Platforms, Inc., Class A Communication Services 1,715,514.0 $1.26B 6.58% NEW $734.38 -16.9%
3 AMAT Applied Materials, Inc. Technology 5,553,992.0 $1.14B 5.94% NEW $204.74 +111.1%
4 USB U.S. Bancorp Financial Services 19,431,562.0 $939.1M 4.90% NEW $48.33 +13.4%
5 CVS CVS Health Corporation Healthcare 11,403,641.0 $859.7M 4.49% NEW $75.39 +23.7%
6 MGM MGM Resorts International Consumer Cyclical 23,953,452.0 $830.2M 4.33% NEW $34.66 +10.8%
7 Berkshire Hathaway Inc., Class A 998.0 $752.7M 3.93% NEW $754200.00
8 MKL Markel Group, Inc Financial Services 373,528.0 $713.9M 3.73% NEW $1911.36 -2.8%
9 AMZN Amazon.com, Inc. Consumer Cyclical 3,137,986.0 $689.0M 3.60% NEW $219.57 +21.3%
10 VTRS Viatris Inc. Healthcare 69,345,645.0 $686.5M 3.58% NEW $9.90 +68.2%
11 GOOGL Alphabet Inc., Class A Communication Services 2,770,594.0 $673.5M 3.52% NEW $243.10 +57.5%
12 WFC Wells Fargo & Co. Financial Services 7,786,052.0 $652.6M 3.41% NEW $83.82 -8.9%
13 TSN Tyson Foods Inc Consumer Defensive 9,962,127.0 $540.9M 2.82% NEW $54.30 +19.8%
14 TECK Teck Resources Ltd., Class B Basic Materials 11,023,662.0 $483.8M 2.53% NEW $43.89 +42.8%
15 CTRA Coterra Energy, Inc. Energy 19,883,481.0 $470.2M 2.46% NEW $23.65 +37.7%
16 TXN Texas Instruments, Inc. Technology 2,317,408.0 $425.8M 2.22% NEW $183.73 +68.3%
17 SOLV Solventum Corp. Healthcare 5,517,611.0 $402.8M 2.10% NEW $73.00 +5.2%
18 UNH UnitedHealth Group Inc. Healthcare 1,139,303.0 $393.4M 2.05% NEW $345.30 +12.5%
19 TCOM Trip.com Group Ltd., ADR Consumer Cyclical 4,941,445.0 $371.6M 1.94% NEW $75.20 -38.3%
20 CB Chubb Ltd. Financial Services 1,070,445.0 $302.1M 1.58% NEW $282.25 +16.2%
Page 1 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%