N-PORT filing recap · July 2024

What did Davis New York Venture Fund buy in July 2024?

Reported stock-position changes between this filing and the previous one. These are Davis New York Venture Fund's own holdings, not the firm's.

Stock value

$6.63B

Positions

Estimated turnover

14.9%

Turnover is a proxy: verified trade-origin share changes valued at period-end and divided by average reported stock value. SEC holdings reports do not disclose execution dates or prices. Corporate actions and unreconciled activity are excluded.

Period in review

Davis New York Venture Fund opened positions in Tourmaline Oil, Tyson Foods, and ConocoPhillips. It trimmed Amazon, Applied Materials, DBS Group, and Agco, while substantially reducing Wells Fargo, Bank of New York Mellon, and JPMorgan Chase. The fund added to Viatris and Intel, and sharply increased its Solventum stake.

New positions

TRMOYTourmaline Oil Corp/adr$99.15Mreported value+2.25M shares TSNTyson Foods, Inc.$68.96Mreported value+1.13M shares COPConocophillips$66.52Mreported value+598.2K shares

Increased positions

VTRSViatris Inc$245.35Mreported value+1.78M shares+9.6%INTCIntel Corp$145.53Mreported value+2.10M shares+80.0%SOLVSolventum Corporation$93.41Mreported value+1.03M shares+185.5%AGCOAgco Corp /de$56.67Mreported value+123.0K shares

Reduced positions

AMZNAmazon.com Inc$323.51Mreported value-546.0K shares-24.0%AMATApplied Materials Inc /de$319.48Mreported value-209.8K shares-12.2%WFCWells Fargo & Company/mn$270.80Mreported value-2.71M shares-37.3%D05Dbs Group Holdings Ltd$156.14Mreported value-1.23M shares