§ 13F · FUND PROFILE
Davis Selected Advisers.
AUM · $23.3B (13F)Positions · 112Turnover · 95% · Q1Filed · Aug 11, 2026
CONCENTRATION
47%
Top 10 holdings
NEW BUYS
+6
+$1.1B deployed
EXITS
0
No exits
SECTOR SHIFT
FINANCIAL SERVICES → OTHER
-2pp · +4pp
§ 01 · TOP HOLDINGS
The book · Q1 2026
FILED AUG 11, 2026
| # | Ticker | Name | Shares | $ value | % port | Δ Q1 |
|---|---|---|---|---|---|---|
| 1 | COF | Capital One Financial Corp. | 8.27M | $1.7B | 7.1% | −3% |
| 2 | USB | U.S. Bancorp | 21.45M | $1.3B | 5.6% | −4% |
| 3 | CVS | CVS Health Corporation | 11.87M | $1.2B | 5.3% | −3% |
| 4 | VTRS | Viatris Inc. | 75.23M | $1.2B | 5.1% | −4% |
| 5 | MGM | MGM Resorts International | 23.90M | $1.1B | 4.9% | −2% |
| 6 | GOOGL | Alphabet Inc., Class A | 2.94M | $1.0B | 4.5% | −5% |
| 7 | DVN | Devon Energy Corp. | 25.30M | $1.0B | 4.5% | NEW |
| 8 | AMZN | Amazon.com, Inc. | 4.28M | $1.0B | 4.4% | +25% |
| 9 | META | Meta Platforms, Inc., Class A | 1.65M | $929M | 4.0% | −4% |
| 10 | MKL | Markel Group, Inc | 407K | $794M | 3.4% | +6% |
§ 02 · SECTOR ALLOCATION
Where the money is
Other43.7% (+4pp)
Health Care11.7% (+1pp)
Media11.2% (−1pp)
Banking10.8% (±0)
Financial Services8.7% (−2pp)
Energy7.1%
§ 03 · THE DAVIS SIGNAL
AC read
Davis Selected Advisers is a Other fund managing $23.3 billion in assets. The fund runs a portfolio of 112 positions, moderate concentration, with the top 10 accounting for 47%. Trading activity is aggressive at 95% quarterly turnover, with 6 new positions and 0 exits last quarter. Top sector allocations: Other (44%), Health Care (12%), Media (11%).
Read the full dossier →§ 04 · FILING HISTORY
Q-by-Q deltas
3 OF 2 FILINGS MEASURED
Q1 2026
Busy quarter
+6 buys · −0 exits · 100 changed
Q4 2025
Active book
+4 buys · −0 exits · 104 changed
Q3 2025
Active book
+3 buys · −0 exits · 104 changed