13F filing recap · Q3 2015

What did Davis Advisors buy in Q3 2015?

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

$24.05B

Positions

189

Estimated turnover

29.6%

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

MONMonsanto Company$629.21Mreported value+7.37M shares OXYOccidental Petroleum Corporation$361.29Mreported value+5.46M shares JCIJohnson Controls International Plc$271.23Mreported value+6.56M shares LILAKLiberty Global Ltd.$30.40Mreported value+888.0K shares WELLWelltower Inc.$13.21Mreported value+195.1K shares CABOCable One, Inc.$12.26Mreported value+29.2K shares NOAHNoah Holdings Ltd$10.56Mreported value+449.7K shares BMRBiomed Realty Trust, Inc.$9.32Mreported value+466.3K shares DFTDupont Fabros Technology, Inc.$4.76Mreported value+183.8K shares CBLAQCbl & Associates Properties, Inc.$4.65Mreported value+338.5K shares IVEiShares Trust$3.40Mreported value+40.4K shares XRAYDentsply Sirona Inc.$2.81Mreported value+55.5K shares HOTStarwood Hotels & Resorts Worldwide Inc$2.20Mreported value+33.0K shares BLDTopbuild Corp$1.53Mreported value+49.4K shares REXRRexford Industrial Realty, Inc.$871.0Kreported value+63.2K shares

Increased positions

UTXRtx Corporation$787.35Mreported value+8.79M shares+16683.9%CTRACoterra Energy Inc.$618.98Mreported value+4.39M shares+18.3%COFCapital One Financial Corp$264.22Mreported value+3.46M shares+1871.3%UPLCQUltra Petroleum Corp$131.77Mreported value+591.4K shares

Reduced positions

AMZNAmazon.com Inc$1.60Breported value-1.37M shares-30.5%WFCWells Fargo & Company/mn$1.54Breported value-6.07M shares-16.8%AXPAmerican Express Co$1.30Breported value-3.13M shares-15.1%JPMJPMorgan Chase & Co$1.08Breported value-756.7K shares

Exited positions

GGPGeneral Growth Properties, Inc.$14.71Mprior reported value-573.3K shares-100.0%CDPCorporate Office Properties Trust$13.77Mprior reported value-584.9K shares-100.0%NTESNetease, Inc.$13.42Mprior reported value-92.6K shares-100.0%HCNWelltower Inc$12.89Mprior reported value-196.5K shares