13F filing recap · Q3 2018

What did Davis Advisors buy in Q3 2018?

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

$23.26B

Positions

139

Estimated turnover

19.3%

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

GEGeneral Electric Company$718.48Mreported value+63.64M shares MGYMagnolia Oil & Gas Corp$186.42Mreported value+12.42M shares KKRKkr & Co. Inc.$40.85Mreported value+1.50M shares BBBlackberry Limited$25.54Mreported value+2.24M shares AZULAzul SA$7.16Mreported value+402.3K shares WELLWelltower Inc.$6.81Mreported value+105.9K shares RHPRyman Hospitality Properties, Inc.$2.88Mreported value+33.4K shares ELSEquity Lifestyle Properties, Inc.$2.77Mreported value+28.7K shares SUISun Communities, Inc$2.74Mreported value+27.0K shares MAAMid-America Apartment Communities, Inc.$2.69Mreported value+26.9K shares IVEiShares Trust$1.33Mreported value+11.5K shares BPYBrookfield Property Partners L.p.$1.27Mreported value+60.7K shares EAElectronic Arts Inc.$839.0Kreported value+7.0K shares

Increased positions

WFCWells Fargo & Company/mn$1.43Breported value+51.0K shares+0.2%APAApa Corporation$1.15Breported value+100.1K shares+0.4%AETAetna Inc.$932.74Mreported value+2.7K shares+0.1%BABAAlibaba Group Holding Limited$650.38Mreported value+37.7K shares

Reduced positions

AMZNAmazon.com Inc$1.46Breported value-172.4K shares-19.1%COFCapital One Financial Corp$1.28Breported value-12.1K shares-0.1%GOOGAlphabet Inc.$1.23Breported value-90.3K shares-8.0%UTXRtx Corporation$1.15Breported value-146.9K shares

Exited positions

OXYOccidental Petroleum Corporation$273.94Mprior reported value-3.27M shares-100.0%KKRKkr & Co. Inc.$59.75Mprior reported value-2.40M shares-100.0%TPGETpg Pace Energy Holdings Corp.$26.31Mprior reported value-2.42M shares-100.0%ANGIAngi Inc.$20.93Mprior reported value-1.36M shares