# Davis Selected Advisers portfolio: Q2 2026 13F holdings

Chris Davis and Danton Goei’s Davis Selected Advisers: $23bn in 107 US holdings at Q2 2026, with buys and sells.

In Q2 2026, Davis Selected Advisers held 107 US-listed stocks worth $23bn. Its biggest move was selling all of its Coterra Energy (6.0% the quarter before), followed by buying Devon Energy (now 4.5% of the portfolio). It started 2 new positions and sold out of 2. Its largest holding is Capital One Financial at 7.1%.

13F for the quarter ending 2026-06-30, filed 2026-08-11 ([filing](https://www.sec.gov/Archives/edgar/data/1036325/000103632526000020/0001036325-26-000020-index.htm)). $23bn in US-listed holdings.

## 13F holdings

| Company | Value | Portfolio | Change | Q1 2026 |
| --- | --- | --- | --- | --- |
| Capital One Financial (COF) | $1.7bn | 7.1% | Trimmed -3.1% | 7.2% |
| US Bancorp (USB) | $1.3bn | 5.6% | Trimmed -3.5% | 5.3% |
| Alphabet (GOOG) | $1.2bn | 5.4% | Trimmed -7.2% | 5.0% |
| CVS Health (CVS) | $1.2bn | 5.3% | Trimmed -3.1% | 4.0% |
| Viatris (VTRS) | $1.2bn | 5.1% | Trimmed -3.8% | 4.8% |
| MGM Resorts International (MGM) | $1.1bn | 4.9% | Trimmed -1.6% | 4.1% |
| Devon Energy (DVN) | $1.0bn | 4.5% | New | – |
| Berkshire Hathaway (BRK.B) | $1.0bn | 4.4% | Trimmed -1.5% | 4.7% |
| Amazon.com (AMZN) | $1.0bn | 4.4% | Added +25% | 3.3% |
| Meta Platforms (META) | $929m | 4.0% | Trimmed -4.1% | 4.5% |
| Markel Group (MKL) | $794m | 3.4% | Added +6.1% | 3.4% |
| Texas Instruments (TXN) | $727m | 3.1% | Trimmed -14% | 2.5% |
| Tyson Foods (TSN) | $724m | 3.1% | Trimmed -3.3% | 3.9% |
| Wells Fargo & Company (WFC) | $662m | 2.8% | Trimmed -2.2% | 3.0% |
| Cigna Group (CI) | $621m | 2.7% | Added +0.9% | 2.7% |
| JBS N.V. (JBS) | $593m | 2.5% | Added +91% | 2.2% |
| UnitedHealth Group (UNH) | $530m | 2.3% | Added +2.2% | 1.6% |
| Davis Select Financial ETF (DFNL) | $497m | 2.1% | Unchanged | 2.1% |
| Teck Resources (TECK) | $497m | 2.1% | Trimmed -21% | 2.5% |
| Solventum (SOLV) | $487m | 2.1% | Trimmed -0.4% | 1.9% |
| LyondellBasell Industries (LYB) | $458m | 2.0% | Added +55% | 2.1% |
| Chubb (CB) | $391m | 1.7% | Trimmed -4.0% | 1.8% |
| Trip Com Group (TCOM) | $349m | 1.5% | Added +34% | 1.5% |
| Owens Corning (OC) | $331m | 1.4% | Trimmed -0.9% | 1.0% |
| Quest Diagnostics (DGX) | $330m | 1.4% | Trimmed -3.8% | 1.5% |
| Pinterest (PINS) | $264m | 1.1% | Added +1.4% | 1.0% |
| AGCO (AGCO) | $246m | 1.1% | Trimmed -1.3% | 1.1% |
| Full Truck Alliance (YMM) | $224m | 1.0% | Trimmed -3.9% | 1.1% |
| Restaurant Brands International (QSR) | $203m | 0.9% | Trimmed -22% | 1.2% |
| ConocoPhillips (COP) | $195m | 0.8% | Added +0.1% | 1.1% |
| Sea (SE) | $193m | 0.8% | Added +8.8% | 0.7% |
| Applovin (APP) | $163m | 0.7% | Trimmed -6.0% | 0.6% |
| JPMorgan Chase (JPM) | $156m | 0.7% | Trimmed -14% | 0.8% |
| Fifth Third Bancorp (FITB) | $151m | 0.7% | Trimmed -4.6% | 0.6% |
| WESCO International (WCC) | $126m | 0.5% | Trimmed -4.5% | 0.5% |
| PNC Financial Services Group (PNC) | $122m | 0.5% | Trimmed -8.5% | 0.5% |
| IAC (PPLI) | $111m | 0.5% | Trimmed -0.8% | 0.4% |
| NetEase (NTES) | $78.5m | 0.3% | Added +45% | 0.2% |
| Renaissancere Holdings (RNR) | $74.3m | 0.3% | Trimmed -8.8% | 0.3% |
| Applied Materials (AMAT) | $74.1m | 0.3% | Trimmed -91% | 1.9% |
| American Express (AXP) | $71.0m | 0.3% | Trimmed -10% | 0.3% |
| Rocket Companies (RKT) | $70.3m | 0.3% | Trimmed -7.5% | 0.3% |
| Loews (L) | $61.7m | 0.3% | Trimmed -11% | 0.3% |
| Bank of N.T. Butterfield & Son (NTB) | $60.2m | 0.3% | Trimmed -5.7% | 0.3% |
| Bank of America (BAC) | $56.6m | 0.2% | Trimmed -14% | 0.3% |
| BNY (BK) | $53.0m | 0.2% | Trimmed -30% | 0.3% |
| Chime Financial (CHYM) | $47.8m | 0.2% | Trimmed -8.2% | 0.2% |
| Everest Group (EG) | $45.2m | 0.2% | Trimmed -10% | 0.2% |
| Vale SA (VALE) | $44.1m | 0.2% | Trimmed 0.0% | 0.2% |
| Microsoft (MSFT) | $34.7m | 0.1% | Added +19% | 0.1% |
| NVIDIA (NVDA) | $31.0m | 0.1% | Added +36% | 0.1% |
| KE Holdings (BEKE) | $26.9m | 0.1% | Trimmed -0.1% | 0.1% |
| Charles Schwab (SCHW) | $26.7m | 0.1% | Trimmed -6.8% | 0.1% |
| Fiserv (FISV) | $26.5m | 0.1% | Trimmed -8.3% | 0.1% |
| State Street (STT) | $25.1m | 0.1% | Trimmed -2.8% | 0.1% |
| Prologis (PLD) | $24.2m | 0.1% | Trimmed -2.2% | 0.1% |
| Johnson Controls International (JCI) | $20.7m | 0.1% | Trimmed -27% | 0.1% |
| Equinix (EQIX) | $20.1m | 0.1% | Trimmed -9.0% | 0.1% |
| Cousins Properties (CUZ) | $17.2m | 0.1% | Trimmed -2.2% | 0.1% |
| BXP (BXP) | $15.4m | 0.1% | Trimmed -2.2% | 0.1% |
| Brixmor Property Group (BRX) | $15.0m | 0.1% | Trimmed -15% | 0.1% |
| Adobe (ADBE) | $13.9m | 0.1% | Added +50% | 0.1% |
| M&T Bank (MTB) | $13.8m | 0.1% | Trimmed -3.7% | 0.1% |
| Healthpeak Properties (DOC) | $13.5m | 0.1% | Trimmed -2.2% | 0.1% |
| Digital Realty Trust (DLR) | $13.2m | 0.1% | Trimmed -7.1% | 0.1% |
| Public Storage (PSA) | $12.0m | 0.1% | Trimmed -8.5% | 0.1% |
| Avalonbay Cmntys (AVBC) | $11.3m | 0.1% | Trimmed -25% | 0.1% |
| Synopsys (SNPS) | $11.1m | 0.1% | Trimmed -3.7% | 0.1% |
| Simon Property Group (SPG) | $11.0m | 0.1% | Trimmed -2.3% | 0.0% |
| Oracle (ORCL) | $11.0m | 0.1% | Trimmed -6.8% | 0.1% |
| American Homes 4 Rent (AMH) | $10.9m | 0.1% | Added +18% | 0.0% |
| COPT Defense Properties (CDP) | $10.7m | 0.1% | Trimmed -2.2% | 0.0% |
| Truist Financial (TFC) | $10.4m | 0.0% | Trimmed -7.3% | 0.1% |
| Eastgroup Properties (EGP) | $10.4m | 0.0% | Trimmed -2.2% | 0.0% |
| American Tower (AMT) | $10.3m | 0.0% | Trimmed -2.1% | 0.1% |
| Sunstone Hotel Investors (SHO) | $10.0m | 0.0% | Trimmed -2.2% | 0.0% |
| Ventas (VTR) | $9.9m | 0.0% | Trimmed -2.2% | 0.0% |
| Camden Property Trust (CPT) | $9.9m | 0.0% | Trimmed -2.1% | 0.0% |
| Noah Holdings (NOAH) | $9.6m | 0.0% | Trimmed -5.6% | 0.1% |
| Darling Ingredients (DAR) | $9.3m | 0.0% | Trimmed -9.1% | 0.1% |
| SAP (SAP) | $9.3m | 0.0% | Trimmed -81% | 0.3% |
| Regency Centers (REG) | $9.3m | 0.0% | Trimmed -16% | 0.1% |
| Essex Property Trust (ESS) | $8.3m | 0.0% | Added +70% | 0.0% |
| JD.com (JD) | $7.2m | 0.0% | Trimmed 0.0% | 0.0% |
| Terreno Realty (TRNO) | $7.2m | 0.0% | Trimmed -2.2% | 0.0% |
| SBA Communications (SBAC) | $7.2m | 0.0% | New | – |
| Rexford Industrial Realty (REXR) | $6.4m | 0.0% | Trimmed -8.4% | 0.0% |
| Equity Residential (VMRK) | $6.2m | 0.0% | Trimmed -13% | 0.0% |
| Community Healthcare Trust (CHCT) | $5.9m | 0.0% | Trimmed -2.2% | 0.0% |
| Realty Income (O) | $5.7m | 0.0% | Trimmed -2.3% | 0.0% |
| Vici Properties (VICI) | $5.7m | 0.0% | Trimmed -2.2% | 0.0% |
| Angi Homeservices (ANGI) | $5.5m | 0.0% | Trimmed -1.7% | 0.0% |
| Sun Communities (SUI) | $5.1m | 0.0% | Trimmed -2.2% | 0.0% |
| Hudson Pacific Properties (HPP) | $4.8m | 0.0% | Trimmed -2.2% | 0.0% |
| Alexandria Real Estate Equities (ARE) | $4.3m | 0.0% | Trimmed -55% | 0.0% |
| Fermi (FRMI) | $4.1m | 0.0% | Added +48% | 0.0% |
| Extra Space Storage (EXR) | $4.0m | 0.0% | Trimmed -2.1% | 0.0% |
| Jones Lang LaSalle (JLL) | $3.8m | 0.0% | Trimmed -0.8% | 0.0% |
| CubeSmart (CUBE) | $3.6m | 0.0% | Trimmed -2.2% | 0.0% |
| Douglas Emmett (DEI) | $3.6m | 0.0% | Trimmed -2.2% | 0.0% |
| CBRE Group (CBRE) | $3.4m | 0.0% | Trimmed -0.9% | 0.0% |
| Mid-America Apartment Communities (MAA) | $3.0m | 0.0% | Trimmed -54% | 0.0% |
| Taiwan Semiconductor Manufacturing (TSM) | $1.9m | 0.0% | Trimmed -45% | 0.0% |
| Lam Research (LRCX) | $1.2m | 0.0% | Unchanged | 0.0% |
| Janus Living (JAN) | $1.0m | 0.0% | Added +250% | 0.0% |
| Ishares Tr (EFA) | $747k | 0.0% | Trimmed -72% | 0.0% |
| Crown Holdings (CCK) | $612k | 0.0% | Trimmed -36% | 0.0% |
| Coterra Energy (CTRA) | – | – | Sold out | 6.0% |
| Crown Castle (CCI) | – | – | Sold out | 0.0% |

## Davis Global Fund (as at 2026-07-31)

| Company | Country | Fund weight | Change |
| --- | --- | --- | --- |
| Full Truck Alliance Spn (YMM) | US | 6.2% | Unchanged |
| Trip.com Group (TCOM) | US | 5.8% | Added +38% |
| Sea (SE) | US | 4.7% | Added +16% |
| Devon Energy (DVN) | US | 4.7% | New |
| Viatris (VTRS) | US | 4.5% | Trimmed -19% |
| JBS Nv A (JBS) | NL | 4.5% | Added +58% |
| Julius Baer Group (BAER) | CH | 4.2% | Unchanged |
| MGM Resorts International (MGM) | US | 4.2% | Unchanged |
| CVS Health (CVS) | US | 4.0% | Trimmed -7.6% |
| Prosus (PRX) | NL | 3.9% | Unchanged |
| Samsung Electronics (005930) | KR | 3.5% | Trimmed -41% |
| Capital One Financial (COF) | US | 3.0% | Unchanged |
| Applovin (APP) | US | 3.0% | Unchanged |
| Amazon.com (AMZN) | US | 3.0% | Added +123% |
| Tyson Foods (TSN) | US | 2.9% | Unchanged |
| Didi Global (92S) | US | 2.9% | Unchanged |
| Solventum (SOLV) | US | 2.6% | Unchanged |
| Meta Platforms (META) | US | 2.6% | Trimmed -0.5% |
| Meituan (3690) | HK | 2.5% | Unchanged |
| Sany Heavy Industry Co Ltd H (6031) | CN | 2.5% | Added +29% |
| SAP (SAP) | DE | 2.3% | Added +17% |
| LyondellBasell Industries (LYB) | GB | 2.0% | Added +25% |
| Alphabet (GOOG) | US | 2.0% | Trimmed -35% |
| Ping An Insurance Group Co H (2318) | CN | 1.8% | Trimmed -61% |
| Markel Group (MKL) | US | 1.8% | Unchanged |
| UnitedHealth Group (UNH) | US | 1.7% | Unchanged |
| AIA Group (1299) | HK | 1.7% | Unchanged |
| NetEase (NTES) | US | 1.7% | Added +52% |
| Aumovio (AMV0) | DE | 1.6% | Unchanged |
| Itochu (8001) | JP | 1.5% | Added +57% |
| Silergy (6415) | TW | 1.4% | Unchanged |
| Cigna Group (CI) | US | 1.4% | Unchanged |
| Entain (ENT) | GB | 1.4% | Unchanged |
| Pinterest (PINS) | US | 0.9% | Unchanged |
| Berkshire Hathaway (BRK.B) | US | 0.5% | Trimmed -21% |
| Asac II Lp Unit Sealed | US | 0.0% | Unchanged |
| null |  | – | Sold out |
| null |  | – | Sold out |

## Davis International Fund (as at 2026-07-31)

| Company | Country | Fund weight | Change |
| --- | --- | --- | --- |
| JBS Nv A (JBS) | NL | 6.2% | Added +62% |
| Julius Baer Group (BAER) | CH | 5.9% | Unchanged |
| Sea (SE) | US | 5.8% | Added +12% |
| Trip.com Group (TCOM) | US | 5.7% | Added +45% |
| AIA Group (1299) | HK | 4.8% | Unchanged |
| Samsung Electronics (005930) | KR | 4.8% | Trimmed -43% |
| Prosus (PRX) | NL | 4.7% | Unchanged |
| Full Truck Alliance Spn (YMM) | US | 4.6% | Unchanged |
| Ping An Insurance Group Co H (2318) | CN | 4.3% | Trimmed -25% |
| Itochu (8001) | JP | 4.2% | Added +14% |
| Didi Global (92S) | US | 3.7% | Added +16% |
| SAP (SAP) | DE | 3.7% | Added +57% |
| Meituan (3690) | HK | 3.6% | Unchanged |
| Sany Heavy Industry Co Ltd H (6031) | CN | 3.2% | Added +46% |
| Danske Bank (DANSKE) | DK | 3.0% | Trimmed -16% |
| Ke Holdings (BEKE) | US | 2.7% | Unchanged |
| Entain (ENT) | GB | 2.7% | Unchanged |
| Aumovio (AMV0) | DE | 2.6% | Unchanged |
| Naspers Ltd N Shs (NPN) | ZA | 2.6% | Unchanged |
| NetEase (NTES) | US | 2.4% | Added +31% |
| Teck Resources (TECK.B) | CA | 2.2% | Trimmed -17% |
| Silergy (6415) | TW | 2.1% | Unchanged |
| Vale (VALE) | BR | 1.9% | Unchanged |
| Restaurant Brands Intern (QSR) | CA | 1.8% | Unchanged |
| Bank of N.t. Butterfield+Son (NTB) | US | 1.6% | Unchanged |
| Tokyo Electron (8035) | JP | 1.2% | Trimmed -63% |
| Metro Bank Holdings (MTRO) | GB | 0.9% | Trimmed -57% |
| JD.com (JD) | US | 0.8% | Unchanged |
| Noah Holdings Ltd Spon (NOAH) | US | 0.6% | Trimmed -31% |
| Delivery Hero (DHER) | DE | 0.2% | Trimmed -90% |

Source: SEC filings, via moatshark (https://www.moatshark.com/m/davis-selected-advisers). Values traded and returns are estimates. Not investment advice. Built 2026-10-21.