N-PORT filing recap · October 2024

What did Davis New York Venture Fund buy in October 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

$6.56B

Positions

Estimated turnover

10.7%

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 CVS Health and Trip.com Group while exiting Jd.com. It trimmed Meta Platforms, Berkshire Hathaway, Amazon, Chubb, Owens Corning, DBS Group, Bank of New York Mellon, Intel, and JPMorgan Chase. The fund substantially increased MGM Resorts International and Tourmaline Oil, and added to Markel Group and Agco.

New positions

CVSCVS Health Corp$65.45Mreported value+1.16M shares TCOMTrip.com Group Limited$52.51Mreported value+815.4K shares

Increased positions

MGMMgm Resorts International$262.10Mreported value+2.69M shares+61.0%TRMOYTourmaline Oil Corp/adr$144.25Mreported value+875.6K shares+38.9%MKLMarkel Group Inc.$87.16Mreported value+7.5K shares+15.3%AGCOAgco Corp /de$67.84Mreported value+79.4K shares

Reduced positions

METAMeta Platforms, Inc.$606.95Mreported value-181.7K shares-14.5%BRK.ABerkshire Hathaway Inc$526.67Mreported value-117 shares-13.1%AMZNAmazon.com Inc$284.13Mreported value-205.9K shares-11.9%CBChubb Limited$110.13Mreported value-92.3K shares

Exited positions

JDJd.com, Inc.$27.21Mprior reported value-1.03M shares-100.0%