DAVIS SELECTED ADVISERS

View all activity View 13F on SEC

Data as of Q4 2025

Institutional investor tracked via SEC 13F filings. Portfolio snapshot as of 2025-12-31.SEC EDGAR Source

Assets Under Management

$22.2B

Total Positions

108

New This Quarter

Filing Period

2025-12-31

Portfolio Allocation

Top holdings by portfolio weight

COF9.38%

USB5.29%

META5.20%

AMAT4.85%

CVS4.55%

MGM4.40%

GOOGL4.39%

VTRS4.37%

MKL4.01%

CTRA3.85%

Other32.36%

Position Outcomes

Best and worst performing positions by estimated return

Top Winners

META28Q held

Meta Platforms Inc

Avg $162.74 · $882.1M est. P&L

Est. P&L

+309.22%

JPM28Q held

JPMORGAN CHASE & CO.

Avg $83.58 · $136.3M est. P&L

Est. P&L

+285.20%

AXP28Q held

American Express Co

Avg $99.48 · $66M est. P&L

Est. P&L

+274.51%

Top Losers

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View plans

Cost basis estimates based on full filing history using quarter-end prices. Actual transaction prices are not disclosed in 13F filings.

Top Holdings(Showing 25 of 108 — sorted by value)

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Activity:

Stock	Shares	Value	Weight	Price Trend	Avg Buy	Est. P&L	Held	Conviction
COF Capital One Financial Corp	8.6M	$2.1B	9.4%	—	$74.89	+225.79%	28 qtrs	Increased 64
USB US Bancorp	22M	$1.2B	5.3%	—	$38.16	+40.97%	28 qtrs	Increased 70
META Meta Platforms Inc	1.8M	$1.2B	5.2%	—	$162.74	+309.22%	28 qtrs	Increased 63
AMAT Applied Materials Inc	4.2M	$1.1B	4.9%	—	$74.28	+249.99%	28 qtrs	Decreased 0
CVS CVS Health Corp	12.8M	$1B	4.6%	—	$46.35	+70.88%	28 qtrs	Increased 66
MGM MGM Resorts International	26.8M	$978.7M	4.4%	—	$37.71	-2.61%	10 qtrs	Increased 66
GOOGL Alphabet Inc	3.1M	$976.2M	4.4%	—	$119.54	+162.56%	28 qtrs	Increased 66
VTRS Viatris Inc	78.2M	$973.3M	4.4%	—	$11.24	+11.61%	21 qtrs	Increased 66
MKL MARKEL GROUP INC	415,160	$892.5M	4.0%	—	$1,361.74	+59.63%	28 qtrs	Increased 65
CTRA Coterra Energy Inc	32.5M	$856.4M	3.8%	—	$25.15	+5.62%	3 qtrs	Increased 85
AMZN Amazon.com Inc	3.4M	$791.5M	3.6%	—	$111.67	+108.24%	28 qtrs	Increased 64
WFC Wells Fargo & Co	8.3M	$769.6M	3.5%	—	$36.73	+155.54%	28 qtrs	Increased 62
TSN Tyson Foods Inc	12.8M	$752M	3.4%	—	$56.13	+5.44%	7 qtrs	Increased 73
BRK/A BERKSHIRE HATHAWAY INC DEL C	943	$711.8M	3.2%	—	—	—	28 qtrs	Decreased 0
TECK TECK RESOURCES LTD	12M	$575.6M	2.6%	—	$29.00	+65.39%	18 qtrs	Increased 59
TXN Texas Instruments Inc	2.9M	$495M	2.2%	—	$106.06	+64.31%	28 qtrs	Increased 65
SOLV Solventum Corp	6.2M	$492.9M	2.2%	—	$57.18	+40.19%	7 qtrs	Increased 60
UNH UnitedHealth Group Inc	1.3M	$420.4M	1.9%	—	$304.85	+8.96%	28 qtrs	Increased 55
BRK/B Berkshire Hathaway Inc	739,875	$371.9M	1.7%	—	—	—	28 qtrs	Increased 65
CB Chubb Ltd	1.2M	$370.4M	1.7%	—	$145.85	+115.38%	28 qtrs	Increased 54
TCOM TRIP COM GROUP LTD	5.1M	$363.4M	1.6%	—	$61.60	+17.41%	6 qtrs	Increased 50
PINS Pinterest Inc	11.8M	$305.6M	1.4%	—	$30.90	-15.77%	2 qtrs	Increased 67
DGX Quest Diagnostics Inc	1.6M	$275.9M	1.2%	—	$112.49	+55.30%	28 qtrs	Increased 56
QSR RESTAURANT BRANDS INTL INC	4M	$274.3M	1.2%	—	$63.54	+8.20%	4 qtrs	Increased 55
OC Owens Corning	2M	$229M	1.0%	—	$78.84	+42.52%	28 qtrs	Increased 55
Showing 25 of 108 results.PROUpgrade to see all →

Accumulation Streaks

Positions with 2+ consecutive quarters of increases — persistent directional conviction.

Security

MGMMGM Resorts International

Q1 2024 → Q4 2025+16.5M shares+$517M

WCCWESCO International Inc

Q1 2024 → Q4 2025+177,148 shares+$56.6M

FITBFifth Third Bancorp

Q4 2024 → Q4 2025+308,774 shares+$24.1M

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Data sourced from SEC EDGAR 13F filings. Not financial advice. Full disclaimer