N-PORT filing recap · January 2025

What did Davis New York Venture Fund buy in January 2025?

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

$6.58B

Positions

Estimated turnover

16.0%

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 a new position in Restaurant Brands International and exited Bank of New York Mellon, Intel, JPMorgan Chase, and DBS Group Holdings. The fund trimmed Meta Platforms, Amazon.com, and Wells Fargo, while adding to Applied Materials, CVS Health, Samsung Electronics, and Markel Group.

New positions

QSRRestaurant Brands International Inc.$66.32Mreported value+1.08M shares

Increased positions

AMATApplied Materials Inc /de$325.25Mreported value+297.9K shares+19.8%CVSCVS Health Corp$215.92Mreported value+2.66M shares+229.8%TRMOYTourmaline Oil Corp/adr$145.14Mreported value+57.0K shares+1.8%005930Samsung Electronics Co., Ltd.$131.95Mreported value+1.45M shares

Reduced positions

METAMeta Platforms, Inc.$626.37Mreported value-160.5K shares-15.0%COFCapital One Financial Corp$618.09Mreported value-53.3K shares-1.7%BRK.ABerkshire Hathaway Inc$536.09Mreported value-15 shares-1.9%AMZNAmazon.com Inc$313.55Mreported value-205.1K shares

Exited positions

D05Dbs Group Holdings Ltd$94.32Mprior reported value-3.25M shares-100.0%BNYThe Bank of New York Mellon Corporation$89.17Mprior reported value-1.18M shares-100.0%INTCIntel Corp$87.63Mprior reported value-4.07M shares-100.0%JPMJPMorgan Chase & Co$59.76Mprior reported value-269.3K shares