DAVIS SELECTED ADVISERS

Filed: 8/11/2026ACC: 0001036325-26-000020

📋 What this filing means

DAVIS SELECTED ADVISERS filed this quarterly 13F‑HR report disclosing 112 equity positions with a total reported market value of $23.29B. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.

112

Positions

$23.29B

Total AUM (reported)

383.99M

Total Shares

Allocation by class

COMMON STOCK$21.85B93.8%

ADR$943.86M4.1%

ETF$498.08M2.1%

Portfolio Concentration

Top 3$4.18B18.0%

4–10$7.17B30.8%

11–25$7.72B33.1%

Rest$4.21B18.1%

Top 3 weight

18.0%

Top 10 weight

48.8%

Voting Authority Distribution

Total shares with voting rights: 383.99M

Sole

Full voting authority

372.14M

% of voting shares96.9%

Shared

Joint voting authority

0.00

% of voting shares0.0%

None

No voting authority

11.85M

% of voting shares3.1%

Investment Discretion (by position count)

Sole112

Shared0

Other0

Dominant voting typeSole · 96.9% of voting shares

Institutional Holdings112

Rows:

Capital One Financial Corp.

SOLE

Common Stock

Shares8.27M

TypeSH

Market value$1.66B

7.13%

Sole

8.06M

Shared

0.00

None

207.56K

U.S. Bancorp

SOLE

Common Stock

Shares21.45M

TypeSH

Market value$1.30B

5.56%

Sole

20.82M

Shared

0.00

None

632.25K

CVS Health Corporation

SOLE

Common Stock

Shares11.87M

TypeSH

Market value$1.23B

5.27%

Sole

11.52M

Shared

0.00

None

346.77K

Viatris Inc.

SOLE

Common Stock

Shares75.23M

TypeSH

Market value$1.19B

5.13%

Sole

72.57M

Shared

0.00

None

2.66M

MGM Resorts International

SOLE

Common Stock

Shares23.90M

TypeSH

Market value$1.14B

4.91%

Sole

23.17M

Shared

0.00

None

729.31K

Alphabet Inc., Class A

SOLE

Common Stock

Shares2.94M

TypeSH

Market value$1.05B

4.51%

Sole

2.84M

Shared

0.00

None

94.67K

Devon Energy Corp.

SOLE

Common Stock

Shares25.30M

TypeSH

Market value$1.05B

4.49%

Sole

24.46M

Shared

0.00

None

838.46K

Amazon.com, Inc.

SOLE

Common Stock

Shares4.28M

TypeSH

Market value$1.02B

4.38%

Sole

4.15M

Shared

0.00

None

122.40K

Meta Platforms, Inc., Class A

SOLE

Common Stock

Shares1.65M

TypeSH

Market value$928.73M

3.99%

Sole

1.60M

Shared

0.00

None

49.04K

Markel Group, Inc

SOLE

Common Stock

Shares406.76K

TypeSH

Market value$794.40M

3.41%

Sole

395.96K

Shared

0.00

None

10.80K

Texas Instruments, Inc.

SOLE

Common Stock

Shares2.44M

TypeSH

Market value$726.55M

3.12%

Sole

2.35M

Shared

0.00

None

90.49K

Tyson Foods Inc

SOLE

Common Stock

Shares12.65M

TypeSH

Market value$724.48M

3.11%

Sole

12.26M

Shared

0.00

None

389.79K

Wells Fargo & Co.

SOLE

Common Stock

Shares8.01M

TypeSH

Market value$661.90M

2.84%

Sole

7.82M

Shared

0.00

None

185.38K

Berkshire Hathaway Inc., Class A

SOLE

Common Stock

Shares868.00

TypeSH

Market value$650.01M

2.79%

Sole

868.00

Shared

0.00

None

0.00

Cigna Group

SOLE

Common Stock

Shares2.25M

TypeSH

Market value$621.24M

2.67%

Sole

2.18M

Shared

0.00

None

78.34K

JBS N.V., Class A

SOLE

Common Stock

Shares50.02M

TypeSH

Market value$592.69M

2.54%

Sole

50.01M

Shared

0.00

None

1.39K

UnitedHealth Group Inc.

SOLE

Common Stock

Shares1.27M

TypeSH

Market value$529.84M

2.28%

Sole

1.24M

Shared

0.00

None

37.37K

Teck Resources Ltd., Class B

SOLE

Common Stock

Shares8.36M

TypeSH

Market value$497.29M

2.14%

Sole

8.01M

Shared

0.00

None

358.26K

Solventum Corp.

SOLE

Common Stock

Shares6.31M

TypeSH

Market value$486.69M

2.09%

Sole

6.06M

Shared

0.00

None

245.23K

LyondellBasell Industries N.V.

SOLE

Common Stock

Shares8.70M

TypeSH

Market value$457.99M

1.97%

Sole

8.48M

Shared

0.00

None

216.02K

Chubb Ltd.

SOLE

Common Stock

Shares1.15M

TypeSH

Market value$391.23M

1.68%

Sole

1.12M

Shared

0.00

None

26.50K

Berkshire Hathaway Inc., Class B

SOLE

Common Stock

Shares738.43K

TypeSH

Market value$369.51M

1.59%

Sole

684.40K

Shared

0.00

None

54.03K

Trip.com Group Ltd., ADR

SOLE

ADR

Shares8.76M

TypeSH

Market value$349.05M

1.50%

Sole

8.76M

Shared

0.00

None

514.00

Owens Corning

SOLE

Common Stock

Shares2.08M

TypeSH

Market value$330.71M

1.42%

Sole

1.98M

Shared

0.00

None

96.86K

Quest Diagnostics Inc.

SOLE

Common Stock

Shares1.56M

TypeSH

Market value$329.78M

1.42%

Sole

1.45M

Shared

0.00

None

100.94K

Issuer	Class	Shares	Type	Value / Portfolio %	Voting — Sole	None
Capital One Financial Corp.SOLE	Common Stock	8.27M	SH	$1.66B 7.13%	8.06M	207.56K
U.S. BancorpSOLE	Common Stock	21.45M	SH	$1.30B 5.56%	20.82M	632.25K
CVS Health CorporationSOLE	Common Stock	11.87M	SH	$1.23B 5.27%	11.52M	346.77K
Viatris Inc.SOLE	Common Stock	75.23M	SH	$1.19B 5.13%	72.57M	2.66M
MGM Resorts InternationalSOLE	Common Stock	23.90M	SH	$1.14B 4.91%	23.17M	729.31K
Alphabet Inc., Class ASOLE	Common Stock	2.94M	SH	$1.05B 4.51%	2.84M	94.67K
Devon Energy Corp.SOLE	Common Stock	25.30M	SH	$1.05B 4.49%	24.46M	838.46K
Amazon.com, Inc.SOLE	Common Stock	4.28M	SH	$1.02B 4.38%	4.15M	122.40K
Meta Platforms, Inc., Class ASOLE	Common Stock	1.65M	SH	$928.73M 3.99%	1.60M	49.04K
Markel Group, IncSOLE	Common Stock	406.76K	SH	$794.40M 3.41%	395.96K	10.80K
Texas Instruments, Inc.SOLE	Common Stock	2.44M	SH	$726.55M 3.12%	2.35M	90.49K
Tyson Foods IncSOLE	Common Stock	12.65M	SH	$724.48M 3.11%	12.26M	389.79K
Wells Fargo & Co.SOLE	Common Stock	8.01M	SH	$661.90M 2.84%	7.82M	185.38K
Berkshire Hathaway Inc., Class ASOLE	Common Stock	868.00	SH	$650.01M 2.79%	868.00	0.00
Cigna GroupSOLE	Common Stock	2.25M	SH	$621.24M 2.67%	2.18M	78.34K
JBS N.V., Class ASOLE	Common Stock	50.02M	SH	$592.69M 2.54%	50.01M	1.39K
UnitedHealth Group Inc.SOLE	Common Stock	1.27M	SH	$529.84M 2.28%	1.24M	37.37K
Teck Resources Ltd., Class BSOLE	Common Stock	8.36M	SH	$497.29M 2.14%	8.01M	358.26K
Solventum Corp.SOLE	Common Stock	6.31M	SH	$486.69M 2.09%	6.06M	245.23K
LyondellBasell Industries N.V.SOLE	Common Stock	8.70M	SH	$457.99M 1.97%	8.48M	216.02K
Chubb Ltd.SOLE	Common Stock	1.15M	SH	$391.23M 1.68%	1.12M	26.50K
Berkshire Hathaway Inc., Class BSOLE	Common Stock	738.43K	SH	$369.51M 1.59%	684.40K	54.03K
Trip.com Group Ltd., ADRSOLE	ADR	8.76M	SH	$349.05M 1.50%	8.76M	514.00
Owens CorningSOLE	Common Stock	2.08M	SH	$330.71M 1.42%	1.98M	96.86K
Quest Diagnostics Inc.SOLE	Common Stock	1.56M	SH	$329.78M 1.42%	1.45M	100.94K

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