13F filing recap · Q2 2014

What did Davis Advisors buy in Q2 2014?

Reported stock-position changes between this filing and the previous one. US-listed stocks across every Davis account, including accounts that belong to no fund below.

Stock value

$33.57B

Positions

174

Estimated turnover

26.2%

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.

New positions

GOOGAlphabet Inc.$1.14Breported value+1.98M shares MCOMoody’s Corporation$210.94Mreported value+2.41M shares UPLCQUltra Petroleum Corp$139.25Mreported value+4.69M shares JDJd.com, Inc.$20.43Mreported value+716.8K shares WYWeyerhaeuser Company$19.32Mreported value+584.0K shares BDNBrandywine Realty Trust$14.27Mreported value+914.6K shares FOXATwenty-First Century Fox, Inc.$12.86Mreported value+375.7K shares CORCoresite Realty Corp.$11.94Mreported value+360.9K shares GRUBGrubhub Inc.$10.79Mreported value+304.6K shares HIWHighwoods Properties, Inc.$8.33Mreported value+198.5K shares FRFirst Industrial Realty Trust, Inc.$4.04Mreported value+214.5K shares JMEIJumei International Holding Limited$2.72Mreported value+100.0K shares 939647103Washington Prime Group Inc$2.44Mreported value+130.3K shares

Increased positions

LBTYKLiberty Global Ltd.$890.82Mreported value+3.00M shares+16.6%AMZNAmazon.com Inc$760.49Mreported value+1.25M shares+113.6%EOGEog Resources, Inc.$752.04Mreported value+1.92M shares+42.7%JPMJPMorgan Chase & Co$640.95Mreported value+4.87M shares

Reduced positions

BNYThe Bank of New York Mellon Corporation$2.49Breported value-4.60M shares-6.5%WFCWells Fargo & Company/mn$2.47Breported value-3.97M shares-7.8%AXPAmerican Express Co$2.43Breported value-2.32M shares-8.3%BRK.ABerkshire Hathaway Inc$1.53Breported value-488 shares

Exited positions

BBBYBed Bath & Beyond, Inc.$1.02Bprior reported value-14.81M shares-100.0%PLDPrologis, Inc.$17.64Mprior reported value-431.9K shares-100.0%SINASina Corp$16.23Mprior reported value-268.7K shares-100.0%DISHDish Network Corporation$7.71Mprior reported value-123.9K shares