1y return+21.4%S&P 500 +20.9%
3y return+77.0%S&P 500 +68.5%
5y return+58.2%S&P 500 +74.5%
10y return+227.7%S&P 500 +256.5%
These returns are for its stock picks as disclosed on Form 13F: last quarter's holdings, valued at this quarter's prices. They miss trades within each quarter, short positions, options, bonds, cash and fees, so they aren't the returns its clients got.
$100 invested in its stock picks
Since June 30, 2016: $328 against $357 in the S&P 500.2
Davis Selected AdvisersS&P 500 (SPY)
Top holdings
At the end of June 30, 2026. Change is in shares since the quarter before.2
| Stock | Value | Share of portfolio | Change |
|---|---|---|---|
| COFCapital One Financial Corp. | $1.7B | 7.1% | −3.1% |
| USBU.S. Bancorp | $1.3B | 5.6% | −3.5% |
| CVSCVS Health Corporation | $1.2B | 5.3% | −3.1% |
| VTRSViatris Inc. | $1.2B | 5.1% | −3.8% |
| MGMMGM Resorts International | $1.1B | 4.9% | −1.6% |
| GOOGLAlphabet Inc., Class A | $1.0B | 4.5% | −5.1% |
| DVNDevon Energy Corp. | $1.0B | 4.5% | New |
| AMZNAmazon.com, Inc. | $1.0B | 4.4% | +24.8% |
| METAMeta Platforms, Inc., Class A | $928.7M | 4.0% | −4.1% |
| MKLMarkel Group, Inc | $794.4M | 3.4% | +6.1% |
| TXNTexas Instruments, Inc. | $726.5M | 3.1% | −14.5% |
| TSNTyson Foods Inc | $724.5M | 3.1% | −3.3% |
| WFCWells Fargo & Co. | $661.9M | 2.8% | −2.2% |
| BRK/ABerkshire Hathaway Inc., Class A | $650.0M | 2.8% | −6.0% |
| CICigna Group | $621.2M | 2.7% | |
| JBS N.V., Class ACUSIP N4732M103 | $592.7M | 2.5% | +90.6% |
| UNHUnitedHealth Group Inc. | $529.8M | 2.3% | +2.2% |
| TECKTeck Resources Ltd., Class B | $497.3M | 2.1% | −21.0% |
| SOLVSolventum Corp. | $486.7M | 2.1% | |
| LyondellBasell Industries N.V.CUSIP N53745100 | $458.0M | 2.0% | +55.4% |
| Chubb Ltd.CUSIP H1467J104 | $391.2M | 1.7% | −4.0% |
| BRK/BBerkshire Hathaway Inc., Class B | $369.5M | 1.6% | −1.5% |
| TCOMTrip.com Group Ltd., ADR | $349.1M | 1.5% | +33.7% |
| OCOwens Corning | $330.7M | 1.4% | |
| DGXQuest Diagnostics Inc. | $329.8M | 1.4% | −3.8% |
Best picks still held
How each current holding has done since the quarter it first appeared in its filings (up to six years back).
| Stock | Held since | Return since | Now worth |
|---|---|---|---|
| GOOGLAlphabet Inc., Class A | June 30, 2020 | +404.0% | $1.0B |
| GOOGAlphabet Inc., Class C | June 30, 2020 | +399.9% | $199.4M |
| JPMJPMorgan Chase & Co. | June 30, 2020 | +248.0% | $155.9M |
| WFCWells Fargo & Co. | June 30, 2020 | +222.8% | $661.9M |
| COFCapital One Financial Corp. | June 30, 2020 | +220.5% | $1.7B |
| WCCWesco International, Inc. | September 30, 2022 | +189.4% | $125.5M |
| OCOwens Corning | June 30, 2020 | +185.1% | $330.7M |
| BRK/BBerkshire Hathaway Inc., Class B | June 30, 2020 | +180.3% | $369.5M |
| BRK/ABerkshire Hathaway Inc., Class A | June 30, 2020 | +180.2% | $650.0M |
| Chubb Ltd.CUSIP H1467J104 | June 30, 2020 | +169.1% | $391.2M |
Sold off last quarter
Quarter by quarter
| Quarter | Its picks | S&P 500 |
|---|---|---|
| June 30, 2026 | +12.0% | +14.8% |
| March 31, 2026 | −2.9% | −4.6% |
| December 31, 2025 | +6.5% | +2.4% |
| September 30, 2025 | +4.8% | +7.8% |
| June 30, 2025 | +8.3% | +10.5% |
| March 31, 2025 | −0.1% | −4.6% |
| December 31, 2024 | +0.1% | +2.1% |
| September 30, 2024 | +4.6% | +5.4% |
| June 30, 2024 | +0.4% | +4.0% |
| March 31, 2024 | +13.4% | +10.0% |
| December 31, 2023 | +15.0% | +11.2% |
| September 30, 2023 | −1.7% | −3.6% |
| June 30, 2023 | +11.9% | +8.3% |
| March 31, 2023 | +4.6% | +7.0% |
| December 31, 2022 | +8.0% | +7.1% |
| September 30, 2022 | −7.5% | −5.3% |
| June 30, 2022 | −17.4% | −16.5% |
| March 31, 2022 | −5.3% | −4.9% |
| December 31, 2021 | +1.8% | +10.7% |
| September 30, 2021 | −4.0% | +0.3% |
Sources
Every number on this page points here. Each one links to the public record.
- 1SEC EDGAR: Davis Selected Advisers Form 13F filingshttps://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=1036325&type=13F-HR&dateb=&owner=include&count=40CIK 1036325
- 2SEC: 13F for the quarter ended June 30, 2026https://www.sec.gov/Archives/edgar/data/1036325/000103632526000020/Filed August 11, 2026 · accession 0001036325-26-000020