Investor: Christopher Davis
Number of Assets: 104
Reporting Period: Q1 - 2025
Holdings at Report: $83,650,612,265
Return Since Report: -$60,069,210,091
Return Since Report: -71.81%
Company | Position | Activity | Shares | Port. % | Rep. Price | Curr. Price | Rep. Value | Curr. Value | Return Value | Return % |
|---|---|---|---|---|---|---|---|---|---|---|
| Agco Corp. (AGCO) | Equity | +1.80% | 2,027,266 | 0.22% | $92.57 | $113.66 | $187,664,014 | $230,419,054 | +$42,755,040 | +22.78% |
| Alexandria Real Estate Equities Inc. (ARE) | Equity | +0.75% | 151,317 | 0.02% | $92.51 | $51.03 | $13,998,336 | $7,721,707 | -$6,276,629 | -44.84% |
| Alphabet Inc. (GOOGL) | Equity | +0.79% | 3,039,483 | 0.56% | $154.64 | $368.03 | $470,025,669 | $1,118,620,928 | +$648,595,259 | +137.99% |
| Alphabet Inc. (GOOG) | Equity | -0.04% | 646,697 | 0.12% | $156.23 | $367.46 | $101,033,472 | $237,635,280 | +$136,601,808 | +135.20% |
| Amazon.com Inc. (AMZN) | Equity | -7.55% | 3,519,954 | 80.06% | $19,026.00 | $244.39 | $66,970,644,800 | $860,241,558 | -$66,110,403,242 | -98.72% |
| American Express Company (AXP) | Equity | -1.11% | 271,435 | 0.09% | $269.05 | $338.00 | $73,029,574 | $91,745,030 | +$18,715,456 | +25.63% |
| American Homes 4 Rent (AMH) | Equity | +12.21% | 243,120 | 0.01% | $37.81 | $31.71 | $9,192,367 | $7,709,335 | -$1,483,032 | -16.13% |
| American Tower Corp. (AMT) | Equity | -0.66% | 88,940 | 0.02% | $217.60 | $176.05 | $19,353,344 | $15,657,887 | -$3,695,457 | -19.09% |
| Applied Materials Inc. (AMAT) | Equity | +5.96% | 4,993,172 | 0.87% | $145.12 | $617.11 | $724,609,092 | $3,081,336,373 | +$2,356,727,281 | +325.24% |
| Applovin Corp. (APP) | Equity | +100% | 163,011 | 0.05% | $264.97 | $469.71 | $43,193,025 | $76,567,897 | +$33,374,872 | +77.27% |
| Avalonbay Communities Inc. (AVB) | Equity | +0.76% | 56,650 | 0.01% | $214.62 | $177.32 | $12,158,223 | $10,045,178 | -$2,113,045 | -17.38% |
| Bank Of America Corp. (BAC) | Equity | -1.22% | 1,156,148 | 0.06% | $41.73 | $56.20 | $48,246,056 | $64,975,518 | +$16,729,462 | +34.68% |
| The Bank Of N.T. Butterfield & Son Limited (NTB) | Equity | -0.74% | 1,068,441 | 0.05% | $38.92 | $58.58 | $41,583,724 | $62,589,274 | +$21,005,550 | +50.51% |
| The Bank Of New York Mellon Corp. (BK) | Equity | -10.59% | 1,910,645 | 0.19% | $83.87 | $143.98 | $160,245,770 | $275,094,667 | +$114,848,897 | +71.67% |
| Berkshire Hathaway Inc. (BRK-A) | Equity | -1.52% | 1,558 | 1.49% | $798,441.60 | $733,610.00 | $1,243,972,013 | $1,142,964,380 | -$101,007,633 | -8.12% |
| Berkshire Hathaway Inc. (BRK-B) | Equity | -5.44% | 678,453 | 0.43% | $532.58 | $489.46 | $361,330,499 | $332,075,605 | -$29,254,894 | -8.10% |
| Brixmor Property Group Inc. (BRX) | Equity | -1.41% | 484,360 | 0.02% | $26.55 | $30.91 | $12,859,758 | $14,971,568 | +$2,111,810 | +16.42% |
| Bxp Inc. (BXP) | Equity | +33.14% | 203,440 | 0.02% | $67.19 | $70.77 | $13,669,134 | $14,397,449 | +$728,315 | +5.33% |
| Camden Property Trust (CPT) | Equity | +10.28% | 76,510 | 0.01% | $122.30 | $108.99 | $9,357,173 | $8,338,825 | -$1,018,348 | -10.88% |
| Capital One Financial Corp. (COF) | Equity | -2.70% | 8,999,453 | 1.93% | $179.30 | $201.53 | $1,613,602,008 | $1,813,659,763 | +$200,057,755 | +12.40% |
| The Charles Schwab Corp. (SCHW) | Equity | -0.82% | 297,606 | 0.03% | $78.28 | $91.70 | $23,296,598 | $27,290,470 | +$3,993,872 | +17.14% |
| Chubb Limited (CB) | Equity | -0.79% | 1,086,389 | 0.39% | $301.99 | $323.40 | $328,078,675 | $351,338,203 | +$23,259,528 | +7.09% |
| The Cigna Group (CI) | Equity | +0.10% | 1,433,251 | 0.56% | $329.00 | $279.27 | $471,539,579 | $400,264,007 | -$71,275,572 | -15.12% |
| Clear Secure Inc. (YOU) | Equity | +0.35% | 581,691 | 0.02% | $25.91 | $51.45 | $15,071,614 | $29,928,002 | +$14,856,388 | +98.57% |
| Community Healthcare Trust Inc. (CHCT) | Equity | +39.93% | 301,740 | 0.01% | $18.16 | $17.43 | $5,479,598 | $5,259,328 | -$220,270 | -4.02% |
| ConocoPhillips (COP) | Equity | +2.28% | 1,402,068 | 0.18% | $105.02 | $107.74 | $147,245,181 | $151,058,806 | +$3,813,625 | +2.59% |
| Coupang Inc. (CPNG) | Equity | -0.52% | 5,880,990 | 0.15% | $21.93 | $18.00 | $128,970,111 | $105,857,820 | -$23,112,291 | -17.92% |
| Cousins Properties Inc. (CUZ) | Equity | -11.36% | 446,935 | 0.02% | $29.50 | $28.28 | $13,184,583 | $12,639,322 | -$545,261 | -4.14% |
| Crown Castle Inc. (CCI) | Equity | -0.63% | 41,000 | 0.01% | $104.23 | $82.05 | $4,273,430 | $3,364,050 | -$909,380 | -21.28% |
| Crown Holdings Inc. (CCK) | Equity | 0% | 8,570 | 0.00% | $89.26 | $101.54 | $764,958 | $870,198 | +$105,240 | +13.76% |
| CVS Health Corp. (CVS) | Equity | +1.43% | 11,549,057 | 0.94% | $67.75 | $98.32 | $782,448,612 | $1,135,503,284 | +$353,054,672 | +45.12% |
| Darling Ingredients Inc. (DAR) | Equity | +4.13% | 2,476,469 | 0.09% | $31.24 | $53.68 | $77,364,891 | $132,936,856 | +$55,571,965 | +71.83% |
| Davis Select Financial ETF (DFNL) | Equity | +0.03% | 2,129,860 | 0.10% | $39.28 | $47.94 | $83,660,911 | $102,105,488 | +$18,444,577 | +22.05% |
| Davis Select International ETF (DINT) | Equity | +0.54% | 3,890,080 | 0.11% | $23.11 | $29.23 | $89,899,759 | $113,687,588 | +$23,787,829 | +26.46% |
| Davis Select U.S. Equity ETF (DUSA) | Equity | -0.11% | 3,383,338 | 0.17% | $42.32 | $55.86 | $143,182,860 | $188,993,261 | +$45,810,401 | +31.99% |
| Davis Select Worldwide ETF (DWLD) | Equity | -0.09% | 1,916,287 | 0.09% | $37.69 | $46.61 | $72,224,959 | $89,316,221 | +$17,091,262 | +23.66% |
| Digital Realty Trust Inc. (DLR) | Equity | -25.94% | 67,130 | 0.01% | $143.29 | $188.15 | $9,619,058 | $12,630,510 | +$3,011,452 | +31.31% |
| Douglas Emmett Inc. (DEI) | Equity | +115.59% | 268,820 | 0.01% | $16.00 | $13.57 | $4,301,120 | $3,646,543 | -$654,577 | -15.22% |
| Eastgroup Properties Inc. (EGP) | Equity | +0.70% | 44,750 | 0.01% | $176.15 | $199.97 | $7,882,713 | $8,948,658 | +$1,065,944 | +13.52% |
| Equinix Inc. (EQIX) | Equity | -19.92% | 15,373 | 0.01% | $815.35 | $1,092.19 | $12,534,376 | $16,790,237 | +$4,255,861 | +33.95% |
| Equity Residential (EQR) | Equity | -0.60% | 99,855 | 0.01% | $71.58 | $64.09 | $7,147,621 | $6,399,707 | -$747,914 | -10.46% |
| Essex Property Trust Inc. (ESS) | Equity | -16.58% | 27,731 | 0.01% | $306.57 | $273.71 | $8,501,493 | $7,590,252 | -$911,241 | -10.72% |
| Everest Group Ltd. (EG) | Equity | +1.15% | 39,662 | 0.02% | $363.33 | $335.63 | $14,410,394 | $13,311,757 | -$1,098,637 | -7.62% |
| Extra Space Storage Inc. (EXR) | Equity | -7.04% | 56,785 | 0.01% | $148.49 | $145.33 | $8,432,005 | $8,252,564 | -$179,441 | -2.13% |
| Federal Realty Investment Trust (FRT) | Equity | -45.18% | 32,930 | 0.00% | $97.82 | N/A | $3,221,213 | N/A | N/A | N/A |
| Fifth Third Bancorp. (FITB) | Equity | +0.69% | 2,461,119 | 0.12% | $39.20 | $52.74 | $96,475,865 | $129,799,416 | +$33,323,551 | +34.54% |
| Full Truck Alliance Co. Ltd. (YMM) | Equity | +44.79% | 7,819,344 | 0.12% | $12.77 | $7.80 | $99,853,023 | $60,990,883 | -$38,862,140 | -38.92% |
| Healthpeak Properties Inc. (DOC) | Equity | -0.63% | 246,806 | 0.01% | $20.22 | $19.56 | $4,990,417 | $4,827,525 | -$162,892 | -3.26% |
| Highwoods Properties Inc. (HIW) | Equity | -0.67% | 129,180 | 0.00% | $29.64 | $29.28 | $3,828,895 | $3,782,390 | -$46,505 | -1.21% |
| Hudson Pacific Properties Inc. (HPP) | Equity | +0.70% | 2,296,963 | 0.01% | $2.95 | $14.62 | $6,776,041 | $33,581,599 | +$26,805,558 | +395.59% |
| Humana Inc. (HUM) | Equity | +3.30% | 2,331,343 | 0.74% | $264.60 | $360.65 | $616,873,358 | $840,798,853 | +$223,925,495 | +36.30% |
| IAC Inc. (IAC) | Equity | +0.84% | 2,657,782 | 0.15% | $45.94 | $42.61 | $122,098,505 | $113,248,091 | -$8,850,414 | -7.25% |
| Intel Corp. (INTC) | Equity | -99.58% | 10,683 | 0.00% | $22.71 | $133.99 | $242,609 | $1,431,415 | +$1,188,806 | +490.01% |
| Ishares S&P 500 Value ETF (IVE) | Equity | -90.00% | 19,712 | 0.00% | $190.58 | $226.38 | $3,756,713 | $4,462,403 | +$705,690 | +18.78% |
| JD.com Inc. (JD) | Equity | -2.91% | 345,461 | 0.02% | $41.12 | $27.57 | $14,205,356 | $9,524,360 | -$4,680,996 | -32.95% |
| Johnson Controls International PLC (JCI) | Equity | +0.16% | 404,164 | 0.04% | $80.11 | $144.82 | $32,377,578 | $58,531,030 | +$26,153,452 | +80.78% |
| JP Morgan Chase & Co. (JPM) | Equity | -2.72% | 639,852 | 0.19% | $245.30 | $325.22 | $156,955,598 | $208,092,667 | +$51,137,069 | +32.58% |
| KE Holdings Inc. (BEKE) | Equity | -49.00% | 1,860,528 | 0.04% | $20.09 | $14.91 | $37,378,008 | $27,740,472 | -$9,637,536 | -25.78% |
| Lam Research Corp. (LRCX) | Equity | 0% | 12,280 | 0.00% | $72.70 | $389.04 | $892,756 | $4,777,411 | +$3,884,655 | +435.13% |
| Loews Corp. (L) | Equity | -1.18% | 599,066 | 0.07% | $91.91 | $107.28 | $55,060,156 | $64,267,800 | +$9,207,644 | +16.72% |
| M&T Bank Corp. (MTB) | Equity | +3.03% | 51,185 | 0.01% | $178.75 | $225.12 | $9,149,319 | $11,522,767 | +$2,373,448 | +25.94% |
| Markel Group Inc. (MKL) | Equity | +0.26% | 371,469 | 0.83% | $1,869.61 | $1,847.16 | $694,502,157 | $686,162,678 | -$8,339,479 | -1.20% |
| Meta Platforms Inc. (META) | Equity | -11.33% | 2,210,250 | 1.52% | $576.36 | $577.22 | $1,273,899,708 | $1,275,800,505 | +$1,900,797 | +0.15% |
| MGM Resorts International (MGM) | Equity | +4.49% | 20,815,057 | 0.74% | $29.64 | $46.84 | $616,958,290 | $974,977,270 | +$358,018,980 | +58.03% |
| Microsoft Corp. (MSFT) | Equity | +0.60% | 256,523 | 0.12% | $375.39 | $379.40 | $96,296,169 | $97,324,826 | +$1,028,657 | +1.07% |
| Mid-America Apartment Communities Inc. (MAA) | Equity | +44.28% | 51,450 | 0.01% | $167.58 | $132.50 | $8,621,991 | $6,817,125 | -$1,804,866 | -20.93% |
| Netease Inc. (NTES) | Equity | -0.20% | 596,114 | 0.07% | $102.92 | $121.33 | $61,352,053 | $72,326,512 | +$10,974,459 | +17.89% |
| Netstreit Corp. (NTST) | Equity | +100% | 114,960 | 0.00% | $15.85 | $18.93 | $1,822,116 | $2,175,618 | +$353,502 | +19.40% |
| Noah Holdings Limited (NOAH) | Equity | -0.65% | 1,654,817 | 0.02% | $9.45 | $10.19 | $15,638,021 | $16,862,585 | +$1,224,564 | +7.83% |
| Oracle Corp. (ORCL) | Equity | -0.60% | 136,380 | 0.02% | $139.81 | $184.29 | $19,067,288 | $25,133,470 | +$6,066,182 | +31.81% |
| Owens Corning (OC) | Equity | -1.33% | 1,787,242 | 0.31% | $142.82 | $128.14 | $255,253,902 | $229,017,190 | -$26,236,712 | -10.28% |
| The Pnc Financial Services Group Inc. (PNC) | Equity | -1.16% | 495,808 | 0.10% | $175.77 | $232.04 | $87,148,172 | $115,047,288 | +$27,899,116 | +32.01% |
| Prologis Inc. (PLD) | Equity | -4.10% | 171,756 | 0.02% | $111.79 | $140.54 | $19,200,603 | $24,138,588 | +$4,937,985 | +25.72% |
| Public Storage (PSA) | Equity | -0.66% | 49,760 | 0.02% | $299.29 | $318.12 | $14,892,670 | $15,829,651 | +$936,981 | +6.29% |
| Quest Diagnostics Inc. (DGX) | Equity | -0.37% | 2,388,302 | 0.48% | $169.20 | $195.00 | $404,100,698 | $465,718,890 | +$61,618,192 | +15.25% |
| Regency Centers Corp. (REG) | Equity | -0.58% | 118,140 | 0.01% | $73.76 | $76.88 | $8,714,006 | $9,082,603 | +$368,597 | +4.23% |
| Renaissancere Holdings Ltd. (RNR) | Equity | +1.05% | 143,801 | 0.04% | $240.00 | $299.17 | $34,512,240 | $43,020,945 | +$8,508,705 | +24.65% |
| Restaurant Brands International Inc. (QSR) | Equity | +100% | 3,372,511 | 0.27% | $66.64 | $73.44 | $224,744,133 | $247,677,208 | +$22,933,075 | +10.20% |
| Rexford Industrial Realty Inc. (REXR) | Equity | +7.08% | 363,620 | 0.02% | $39.15 | $33.12 | $14,235,723 | $12,043,094 | -$2,192,629 | -15.40% |
| RH (RH) | Equity | 0% | 2,240 | 0.00% | $234.41 | $148.09 | $525,078 | $331,722 | -$193,356 | -36.82% |
| Rocket Companies Inc. (RKT) | Equity | -1.00% | 3,139,289 | 0.05% | $12.07 | $14.42 | $37,891,218 | $45,268,547 | +$7,377,329 | +19.47% |
| Sap Se (SAP) | Equity | -21.91% | 76,126 | 0.02% | $268.44 | $155.22 | $20,435,263 | $11,816,278 | -$8,618,985 | -42.18% |
| Sea Limited (SE) | Equity | -19.34% | 514,628 | 0.08% | $130.49 | $91.28 | $67,153,808 | $46,975,244 | -$20,178,564 | -30.05% |
| Simon Property Group Inc. (SPG) | Equity | -15.72% | 68,033 | 0.01% | $166.08 | $211.33 | $11,298,921 | $14,377,414 | +$3,078,493 | +27.25% |
| Skechers U.S.A. Inc. (SKX) | Equity | 0% | 6,000 | 0.00% | $56.78 | $63.13 | $340,680 | $378,780 | +$38,100 | +11.18% |
| Solventum Corp. (SOLV) | Equity | +0.79% | 5,288,138 | 0.48% | $76.04 | $75.43 | $402,110,014 | $398,884,249 | -$3,225,765 | -0.80% |
| State Street Corp. (STT) | Equity | +15.20% | 72,704 | 0.01% | $89.53 | $168.31 | $6,509,189 | $12,236,810 | +$5,727,621 | +87.99% |
| Sun Communities Inc. (SUI) | Equity | +100% | 25,040 | 0.00% | $128.64 | $118.46 | $3,221,146 | $2,966,238 | -$254,908 | -7.91% |
| Sunstone Hotel Investors Inc. (SHO) | Equity | -1.36% | 791,730 | 0.01% | $9.41 | $11.91 | $7,450,179 | $9,429,504 | +$1,979,325 | +26.57% |
| Teck Resources Limited (TECK) | Equity | -0.96% | 11,190,628 | 0.49% | $36.43 | $64.36 | $407,674,578 | $720,228,818 | +$312,554,240 | +76.67% |
| Terreno Realty Corp. (TRNO) | Equity | -0.64% | 100,827 | 0.01% | $63.22 | $64.35 | $6,374,283 | $6,488,217 | +$113,934 | +1.79% |
| Texas Instruments Inc. (TXN) | Equity | +3.44% | 2,431,035 | 0.52% | $179.70 | $322.86 | $436,857,041 | $784,883,960 | +$348,026,919 | +79.67% |
| Trip.Com Group Limited (TCOM) | Equity | +29.78% | 4,862,997 | 0.37% | $63.58 | $45.10 | $309,189,350 | $219,321,165 | -$89,868,185 | -29.07% |
| Truist Financial Corp. (TFC) | Equity | +7.60% | 156,431 | 0.01% | $41.15 | $48.33 | $6,437,136 | $7,560,310 | +$1,123,174 | +17.45% |
| Tyson Foods Inc. (TSN) | Equity | +51.90% | 4,679,582 | 0.36% | $63.81 | $55.46 | $298,604,128 | $259,529,618 | -$39,074,510 | -13.09% |
| U.S. Bancorp. (USB) | Equity | +3.57% | 14,889,014 | 0.75% | $42.22 | $58.14 | $628,614,167 | $865,647,274 | +$237,033,107 | +37.71% |
| UDR Inc. (UDR) | Equity | -19.04% | 158,610 | 0.01% | $45.17 | $37.56 | $7,164,414 | $5,957,392 | -$1,207,022 | -16.85% |
| UnitedHealth Group Inc. (UNH) | Equity | -5.08% | 48,519 | 0.03% | $523.75 | $400.96 | $25,411,827 | $19,454,178 | -$5,957,649 | -23.44% |
| Vale S.A. (VALE) | Equity | +100% | 2,733,513 | 0.03% | $9.98 | $15.42 | $27,280,459 | $42,150,770 | +$14,870,311 | +54.51% |
| Ventas Inc. (VTR) | Equity | -0.62% | 250,190 | 0.02% | $68.76 | $81.60 | $17,203,064 | $20,415,504 | +$3,212,440 | +18.67% |
| Viatris Inc. (VTRS) | Equity | +3.80% | 64,948,236 | 0.68% | $8.71 | $15.37 | $565,699,135 | $998,254,387 | +$432,555,252 | +76.46% |
| Vici Properties Inc. (VICI) | Equity | -1.28% | 143,440 | 0.01% | $32.62 | $26.28 | $4,679,013 | $3,769,603 | -$909,410 | -19.44% |
| Wells Fargo & Company (WFC) | Equity | -1.93% | 8,468,647 | 0.73% | $71.79 | $82.20 | $607,964,158 | $696,122,783 | +$88,158,625 | +14.50% |
| Wesco International Inc. (WCC) | Equity | +0.59% | 258,503 | 0.05% | $155.30 | $365.36 | $40,145,516 | $94,446,656 | +$54,301,140 | +135.26% |