Investor: Christopher Davis
Number of Assets: 112
Reporting Period: Q1 - 2026
Holdings at Report: $21,781,443,023
Return Since Report: +$1,572,211,908
Return Since Report: +7.22%
Company | Position | Activity | Shares | Port. % | Rep. Price | Curr. Price | Rep. Value | Curr. Value | Return Value | Return % |
|---|---|---|---|---|---|---|---|---|---|---|
| Taiwan Semiconductor Manufacturing Company Limited (TSM) | Equity | 0% | 7,200 | 0.01% | $337.95 | $404.35 | $2,433,240 | $2,911,320 | +$478,080 | +19.65% |
| Teck Resources Limited (TECK) | Equity | -11.94% | 10,584,663 | 2.51% | $51.75 | $61.32 | $547,756,837 | $649,051,535 | +$101,294,698 | +18.49% |
| Terreno Realty Corp. (TRNO) | Equity | -3.76% | 113,507 | 0.03% | $61.42 | $65.05 | $6,971,600 | $7,383,630 | +$412,030 | +5.91% |
| Texas Instruments Inc. (TXN) | Equity | -0.12% | 2,849,671 | 2.54% | $194.14 | $302.73 | $553,237,789 | $862,680,902 | +$309,443,113 | +55.93% |
| Trip.Com Group Limited (TCOM) | Equity | +29.72% | 6,555,112 | 1.50% | $49.79 | $49.61 | $326,379,074 | $325,199,106 | -$1,179,968 | -0.36% |
| Truist Financial Corp. (TFC) | Equity | +17.05% | 224,805 | 0.05% | $45.97 | $46.96 | $10,334,286 | $10,555,719 | +$221,433 | +2.14% |
| Tyson Foods Inc. (TSN) | Equity | +2.05% | 13,090,689 | 3.85% | $64.07 | $65.79 | $838,721,144 | $861,236,429 | +$22,515,285 | +2.68% |
| U.S. Bancorp. (USB) | Equity | +0.89% | 22,237,960 | 5.31% | $52.01 | $53.12 | $1,156,596,507 | $1,181,280,435 | +$24,683,928 | +2.13% |
| Applied Materials Inc. (AMAT) | Equity | -71.51% | 1,197,102 | 1.88% | $341.80 | $436.62 | $409,163,760 | $522,678,675 | +$113,514,915 | +27.74% |
| Applovin Corp. (APP) | Equity | +35.42% | 335,810 | 0.61% | $398.01 | $501.00 | $133,654,972 | $168,240,810 | +$34,585,838 | +25.88% |
| Avalonbay Communities Inc. (AVB) | Equity | +1.43% | 79,970 | 0.06% | $163.35 | $180.84 | $13,063,100 | $14,461,775 | +$1,398,675 | +10.71% |
| Microsoft Corp. (MSFT) | Equity | +29.09% | 78,489 | 0.13% | $370.18 | $421.92 | $29,055,340 | $33,116,079 | +$4,060,739 | +13.98% |
| Mid-America Apartment Communities Inc. (MAA) | Equity | -19.13% | 48,020 | 0.03% | $122.12 | $125.71 | $5,864,202 | $6,036,594 | +$172,392 | +2.94% |
| Netease Inc. (NTES) | Equity | -0.81% | 422,712 | 0.22% | $111.94 | $113.38 | $47,318,692 | $47,927,087 | +$608,395 | +1.29% |
| Noah Holdings Limited (NOAH) | Equity | 0% | 1,021,585 | 0.05% | $9.90 | $10.40 | $10,113,691 | $10,624,484 | +$510,793 | +5.05% |
| Prologis Inc. (PLD) | Equity | +1.37% | 182,586 | 0.11% | $132.18 | $140.53 | $24,134,217 | $25,658,811 | +$1,524,594 | +6.32% |
| Public Storage (PSA) | Equity | -5.19% | 41,260 | 0.05% | $270.88 | $292.47 | $11,176,509 | $12,067,312 | +$890,803 | +7.97% |
| Quest Diagnostics Inc. (DGX) | Equity | +1.76% | 1,617,813 | 1.46% | $195.98 | $186.61 | $317,062,477 | $301,900,084 | -$15,162,393 | -4.78% |
| Realty Inc.Ome Corp. (O) | Equity | +3.85% | 94,910 | 0.03% | $61.18 | $61.12 | $5,806,594 | $5,800,899 | -$5,695 | -0.10% |
| Regency Centers Corp. (REG) | Equity | +1.45% | 138,630 | 0.05% | $75.66 | $76.06 | $10,488,746 | $10,544,198 | +$55,452 | +0.53% |
| Renaissancere Holdings Ltd. (RNR) | Equity | +11.95% | 257,190 | 0.35% | $297.23 | $294.42 | $76,444,584 | $75,721,880 | -$722,704 | -0.95% |
| Restaurant Brands International Inc. (QSR) | Equity | -10.49% | 3,599,127 | 1.22% | $73.90 | $75.84 | $265,976,460 | $272,957,792 | +$6,981,332 | +2.62% |
| Rexford Industrial Realty Inc. (REXR) | Equity | -39.21% | 209,610 | 0.03% | $32.73 | $34.74 | $6,860,535 | $7,281,851 | +$421,316 | +6.14% |
| Rocket Companies Inc. (RKT) | Equity | +49.43% | 4,823,570 | 0.32% | $14.25 | $13.35 | $68,735,873 | $64,394,660 | -$4,341,213 | -6.32% |
| Sap Se (SAP) | Equity | +463.33% | 317,422 | 0.25% | $171.21 | $169.53 | $54,346,905 | $53,810,965 | -$535,940 | -0.99% |
| Sea Limited (SE) | Equity | +323.75% | 1,849,831 | 0.70% | $82.81 | $88.23 | $153,184,692 | $163,210,589 | +$10,025,897 | +6.54% |
| Simon Property Group Inc. (SPG) | Equity | -23.76% | 50,458 | 0.04% | $186.53 | $200.02 | $9,411,931 | $10,092,609 | +$680,678 | +7.23% |
| Solventum Corp. (SOLV) | Equity | +1.77% | 6,330,325 | 1.90% | $65.30 | $74.26 | $413,371,240 | $470,089,935 | +$56,718,695 | +13.72% |
| State Street Corp. (STT) | Equity | +5.86% | 152,200 | 0.09% | $126.56 | $152.87 | $19,262,432 | $23,266,814 | +$4,004,382 | +20.79% |
| Sun Communities Inc. (SUI) | Equity | +1.38% | 43,430 | 0.03% | $125.96 | $120.41 | $5,470,443 | $5,229,406 | -$241,037 | -4.41% |
| Sunstone Hotel Investors Inc. (SHO) | Equity | -30.47% | 889,720 | 0.04% | $9.01 | $10.15 | $8,016,377 | $9,030,658 | +$1,014,281 | +12.65% |
| Synopsys Inc. (SNPS) | Equity | +199.40% | 25,913 | 0.05% | $396.53 | $502.42 | $10,275,383 | $13,019,209 | +$2,743,826 | +26.70% |
| Pinterest Inc. (PINS) | Equity | +5.07% | 12,400,101 | 1.04% | $18.34 | $19.47 | $227,418,012 | $241,429,966 | +$14,011,954 | +6.16% |
| The Pnc Financial Services Group Inc. (PNC) | Equity | +2.23% | 541,922 | 0.52% | $208.09 | $212.84 | $112,768,549 | $115,342,678 | +$2,574,129 | +2.28% |
| Amazon.com Inc. (AMZN) | Equity | -0.12% | 3,425,252 | 3.28% | $208.27 | $264.14 | $713,380,223 | $904,746,063 | +$191,365,840 | +26.83% |
| American Express Company (AXP) | Equity | -3.55% | 233,126 | 0.32% | $302.48 | $313.48 | $70,516,043 | $73,080,338 | +$2,564,295 | +3.64% |
| American Homes 4 Rent (AMH) | Equity | -0.52% | 277,170 | 0.04% | $27.92 | $30.61 | $7,738,586 | $8,484,174 | +$745,588 | +9.63% |
| American Tower Corp. (AMT) | Equity | +1.02% | 64,620 | 0.05% | $172.58 | $170.63 | $11,152,120 | $11,026,111 | -$126,009 | -1.13% |
| Angi inc Class A | Equity | 0% | 948,993 | 0.03% | $6.85 | $0.00 | $6,500,602 | $0 | -$6,500,602 | -100% |
| Fiserv Inc. (FISV) | Equity | +3.50% | 588,885 | 0.15% | $55.80 | $55.33 | $32,859,783 | $32,583,007 | -$276,776 | -0.84% |
| Full Truck Alliance Co. Ltd. (YMM) | Equity | +64.01% | 28,763,191 | 1.10% | $8.30 | $8.64 | $238,734,483 | $248,370,154 | +$9,635,671 | +4.04% |
| Healthpeak Properties Inc. (DOC) | Equity | +48.00% | 645,206 | 0.05% | $16.43 | $19.36 | $10,600,735 | $12,491,188 | +$1,890,453 | +17.83% |
| Hudson Pacific Properties inc | Equity | -0.57% | 322,176 | 0.01% | $5.91 | N/A | $1,904,060 | N/A | N/A | N/A |
| IAC Inc. (IAC) | Equity | -4.01% | 2,413,247 | 0.44% | $40.03 | $39.88 | $96,602,764 | $96,240,290 | -$362,474 | -0.38% |
| Ishares S&P 500 Value ETF (IVE) | Equity | -90.85% | 11,624 | 0.01% | $211.15 | $223.45 | $2,454,408 | $2,597,383 | +$142,975 | +5.83% |
| JP Morgan Chase & Co. (JPM) | Equity | -2.65% | 556,452 | 0.75% | $294.16 | $297.81 | $163,685,995 | $165,716,970 | +$2,030,975 | +1.24% |
| KE Holdings Inc. (BEKE) | Equity | 0% | 1,851,804 | 0.13% | $14.97 | $18.17 | $27,721,505 | $33,647,279 | +$5,925,774 | +21.38% |
| Lam Research Corp. (LRCX) | Equity | -77.36% | 2,780 | 0.00% | $213.66 | $284.72 | $593,975 | $791,522 | +$197,547 | +33.26% |
| Loews Corp. (L) | Equity | +2.34% | 614,097 | 0.30% | $106.74 | $105.80 | $65,548,714 | $64,971,463 | -$577,251 | -0.88% |
| Lyondellbasell Industries N.V. (LYB) | Equity | +100% | 5,596,588 | 2.07% | $80.56 | $75.06 | $450,862,358 | $420,079,895 | -$30,782,463 | -6.83% |
| M&T Bank Corp. (MTB) | Equity | +7.98% | 60,305 | 0.06% | $206.72 | $204.90 | $12,466,250 | $12,356,495 | -$109,756 | -0.88% |
| Markel Group Inc. (MKL) | Equity | -7.64% | 383,433 | 3.37% | $1,914.18 | $1,844.90 | $733,959,392 | $707,393,625 | -$26,565,767 | -3.62% |
| Meta Platforms Inc. (META) | Equity | -1.93% | 1,719,156 | 4.52% | $572.14 | $614.23 | $983,589,944 | $1,055,957,190 | +$72,367,246 | +7.36% |
| MGM Resorts International (MGM) | Equity | -9.41% | 24,295,338 | 4.13% | $37.01 | $36.97 | $899,170,639 | $898,198,646 | -$971,993 | -0.11% |
| Oracle Corp. (ORCL) | Equity | +1.26% | 80,414 | 0.05% | $147.12 | $192.98 | $11,830,222 | $15,518,294 | +$3,688,072 | +31.18% |
| Owens Corning (OC) | Equity | +2.66% | 2,100,935 | 1.04% | $108.22 | $114.08 | $227,364,957 | $239,674,665 | +$12,309,708 | +5.41% |
| Adobe Inc. (ADBE) | Equity | +100% | 45,139 | 0.05% | $243.10 | $247.60 | $10,973,207 | $11,176,416 | +$203,209 | +1.85% |
| Agco Corp. (AGCO) | Equity | +1.85% | 2,086,643 | 1.11% | $115.87 | $113.28 | $241,781,462 | $236,374,919 | -$5,406,543 | -2.24% |
| Alexandria Real Estate Equities Inc. (ARE) | Equity | +1.50% | 180,807 | 0.04% | $46.42 | $44.97 | $8,393,061 | $8,130,891 | -$262,170 | -3.12% |
| Alphabet Inc. (GOOGL) | Equity | -0.77% | 3,094,659 | 4.09% | $287.56 | $396.78 | $889,903,016 | $1,227,898,798 | +$337,995,782 | +37.98% |
| Alphabet Inc. (GOOG) | Equity | -4.69% | 677,607 | 0.89% | $286.86 | $393.32 | $194,380,010 | $266,516,385 | +$72,136,375 | +37.11% |
| Bank Of America Corp. (BAC) | Equity | +0.81% | 1,159,204 | 0.26% | $48.75 | $49.77 | $56,511,195 | $57,693,583 | +$1,182,388 | +2.09% |
| The Bank Of N.T. Butterfield & Son Limited (NTB) | Equity | +1.84% | 1,073,129 | 0.26% | $52.48 | $54.69 | $56,317,810 | $58,689,425 | +$2,371,615 | +4.21% |
| The Bank Of New York Mellon Corp. (BK) | Equity | +0.67% | 525,228 | 0.29% | $118.63 | $135.02 | $62,307,765 | $70,916,285 | +$8,608,520 | +13.82% |
| Berkshire Hathaway Inc. (BRK-A) | Equity | -2.12% | 923 | 3.04% | $718,140.00 | $724,051.19 | $662,843,220 | $668,299,247 | +$5,456,027 | +0.82% |
| Berkshire Hathaway Inc. (BRK-B) | Equity | +1.35% | 749,846 | 1.65% | $479.21 | $482.70 | $359,336,086 | $361,950,664 | +$2,614,578 | +0.73% |
| Brixmor Property Group Inc. (BRX) | Equity | +1.30% | 563,170 | 0.07% | $28.80 | $29.24 | $16,219,296 | $16,467,091 | +$247,795 | +1.53% |
| Bxp Inc. (BXP) | Equity | +1.40% | 237,190 | 0.06% | $51.90 | $70.77 | $12,310,161 | $16,785,936 | +$4,475,775 | +36.36% |
| Camden Property Trust (CPT) | Equity | +1.24% | 88,010 | 0.04% | $97.66 | $102.56 | $8,595,057 | $9,026,306 | +$431,249 | +5.02% |
| Capital One Financial Corp. (COF) | Equity | -0.87% | 8,539,736 | 7.15% | $182.43 | $187.17 | $1,557,906,471 | $1,598,382,387 | +$40,475,916 | +2.60% |
| CBRE Group Inc. (CBRE) | Equity | +100% | 25,610 | 0.02% | $135.46 | $129.99 | $3,469,131 | $3,329,044 | -$140,087 | -4.04% |
| The Charles Schwab Corp. (SCHW) | Equity | +3.08% | 310,982 | 0.13% | $93.98 | $90.89 | $29,226,088 | $28,265,154 | -$960,934 | -3.29% |
| Chime Financial Inc. (CHYM) | Equity | +2.71% | 2,539,206 | 0.22% | $18.73 | $17.69 | $47,559,328 | $44,918,554 | -$2,640,774 | -5.55% |
| Chubb Limited (CB) | Equity | +0.74% | 1,195,391 | 1.79% | $325.93 | $324.18 | $389,618,110 | $387,521,854 | -$2,096,256 | -0.54% |
| The Cigna Group (CI) | Equity | +196.73% | 2,233,929 | 2.74% | $266.75 | $285.27 | $595,905,881 | $637,272,926 | +$41,367,045 | +6.94% |
| Community Healthcare Trust Inc. (CHCT) | Equity | +1.38% | 330,040 | 0.02% | $15.89 | $16.87 | $5,244,336 | $5,567,775 | +$323,439 | +6.17% |
| ConocoPhillips (COP) | Equity | +4.31% | 1,875,428 | 1.14% | $132.00 | $122.40 | $247,558,331 | $229,552,387 | -$18,005,944 | -7.27% |
| Copt Defense Properties (CDP) | Equity | +1.51% | 299,200 | 0.04% | $30.60 | $31.71 | $9,155,520 | $9,487,632 | +$332,112 | +3.63% |
| Coterra Energy Inc. (CTRA) | Equity | +14.08% | 37,119,404 | 5.99% | $35.14 | $32.56 | $1,304,375,994 | $1,208,607,794 | -$95,768,200 | -7.34% |
| Cousins Properties Inc. (CUZ) | Equity | +17.38% | 586,465 | 0.06% | $22.57 | $25.81 | $13,236,515 | $15,136,662 | +$1,900,147 | +14.36% |
| Crown Castle Inc. (CCI) | Equity | -0.57% | 41,920 | 0.02% | $81.31 | $86.69 | $3,408,515 | $3,634,045 | +$225,530 | +6.62% |
| Crown Holdings Inc. (CCK) | Equity | 0% | 8,570 | 0.00% | $100.25 | $96.08 | $859,143 | $823,406 | -$35,737 | -4.16% |
| Cubesmart (CUBE) | Equity | +1.47% | 92,270 | 0.02% | $36.65 | $38.36 | $3,381,696 | $3,539,477 | +$157,781 | +4.67% |
| CVS Health Corp. (CVS) | Equity | -4.08% | 12,239,666 | 4.04% | $71.82 | $95.89 | $879,053,606 | $1,173,661,573 | +$294,607,967 | +33.51% |
| Darling Ingredients Inc. (DAR) | Equity | -93.39% | 187,905 | 0.05% | $61.85 | $62.37 | $11,622,128 | $11,719,635 | +$97,507 | +0.84% |
| Davis Select Financial ETF (DFNL) | Equity | +0.01% | 2,130,666 | 0.44% | $44.84 | $45.72 | $95,539,059 | $97,414,050 | +$1,874,991 | +1.96% |
| Davis Select International ETF (DINT) | Equity | +0.60% | 3,915,748 | 0.48% | $26.91 | $28.82 | $105,392,349 | $112,863,605 | +$7,471,256 | +7.09% |
| Davis Select U.S. Equity ETF (DUSA) | Equity | +0.48% | 3,400,745 | 0.79% | $50.74 | $56.01 | $172,553,800 | $190,475,727 | +$17,921,927 | +10.39% |
| Davis Select Worldwide ETF (DWLD) | Equity | +0.95% | 1,935,585 | 0.39% | $43.81 | $47.25 | $84,797,995 | $91,456,391 | +$6,658,396 | +7.85% |
| Digital Realty Trust Inc. (DLR) | Equity | -0.47% | 78,880 | 0.07% | $180.21 | $188.51 | $14,214,965 | $14,869,669 | +$654,704 | +4.61% |
| Douglas Emmett Inc. (DEI) | Equity | -0.50% | 308,250 | 0.01% | $9.42 | $13.57 | $2,903,715 | $4,181,411 | +$1,277,696 | +44.00% |
| Eastgroup Properties Inc. (EGP) | Equity | +1.43% | 52,370 | 0.04% | $185.09 | $200.76 | $9,693,163 | $10,513,801 | +$820,638 | +8.47% |
| Equinix Inc. (EQIX) | Equity | +2.17% | 21,223 | 0.10% | $980.24 | $1,059.44 | $20,803,634 | $22,484,495 | +$1,680,861 | +8.08% |
| Equity Residential (EQR) | Equity | +1.20% | 105,765 | 0.03% | $59.15 | $63.88 | $6,256,000 | $6,756,268 | +$500,268 | +8.00% |
| Essex Property Trust Inc. (ESS) | Equity | +1.51% | 16,761 | 0.02% | $242.00 | $267.06 | $4,056,162 | $4,476,193 | +$420,031 | +10.36% |
| Everest Group Ltd. (EG) | Equity | +19.40% | 140,908 | 0.21% | $326.85 | $351.67 | $46,055,780 | $49,553,116 | +$3,497,336 | +7.59% |
| Extra Space Storage Inc. (EXR) | Equity | +0.64% | 28,135 | 0.02% | $131.13 | $136.90 | $3,689,343 | $3,851,682 | +$162,338 | +4.40% |
| Fermi INC | Equity | +100% | 305,730 | 0.01% | $5.84 | N/A | $1,785,463 | N/A | N/A | N/A |
| Fifth Third Bancorp. (FITB) | Equity | +2.52% | 2,813,525 | 0.60% | $46.46 | $47.35 | $130,716,372 | $133,220,409 | +$2,504,037 | +1.92% |
| Janus Living inc | Equity | +100% | 10,000 | 0.00% | $23.57 | N/A | $235,700 | N/A | N/A | N/A |
| JBS NV | Equity | +121.39% | 26,244,660 | 2.16% | $17.96 | $0.00 | $471,354,100 | $0 | -$471,354,100 | -100% |
| JD.com Inc. (JD) | Equity | -13.91% | 283,418 | 0.04% | $29.57 | $32.01 | $8,380,670 | $9,072,210 | +$691,540 | +8.25% |
| Johnson Controls International PLC (JCI) | Equity | -7.66% | 193,880 | 0.12% | $130.95 | $143.08 | $25,389,044 | $27,740,350 | +$2,351,306 | +9.26% |
| Jones Lang Lasalle Inc. (JLL) | Equity | +100% | 12,395 | 0.02% | $304.32 | $288.23 | $3,772,046 | $3,572,611 | -$199,435 | -5.29% |
| Nvidia Corp. (NVDA) | Equity | +2.27% | 113,556 | 0.09% | $174.40 | $225.32 | $19,804,679 | $25,586,438 | +$5,781,759 | +29.19% |
| UnitedHealth Group Inc. (UNH) | Equity | -2.04% | 1,247,476 | 1.55% | $270.59 | $393.83 | $337,558,972 | $491,293,473 | +$153,734,501 | +45.54% |
| Vale S.A. (VALE) | Equity | 0% | 2,931,198 | 0.21% | $15.91 | $16.33 | $46,635,360 | $47,866,463 | +$1,231,103 | +2.64% |
| Ventas Inc. (VTR) | Equity | -0.47% | 113,870 | 0.04% | $81.78 | $86.62 | $9,312,289 | $9,863,419 | +$551,130 | +5.92% |
| Viatris Inc. (VTRS) | Equity | +0.04% | 78,211,191 | 4.85% | $13.51 | $16.48 | $1,056,633,206 | $1,288,920,428 | +$232,287,222 | +21.98% |
| Vici Properties Inc. (VICI) | Equity | +1.82% | 220,180 | 0.03% | $27.32 | $27.90 | $6,015,318 | $6,143,022 | +$127,704 | +2.12% |
| Wells Fargo & Company (WFC) | Equity | -0.81% | 8,190,871 | 2.99% | $79.61 | $73.42 | $652,075,858 | $601,373,749 | -$50,702,109 | -7.78% |
| Wesco International Inc. (WCC) | Equity | +4.53% | 381,007 | 0.48% | $273.62 | $358.72 | $104,251,891 | $136,674,831 | +$32,422,940 | +31.10% |