13F filing recap · Q1 2022

What did Davis Advisors buy in Q1 2022?

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

$19.79B

Positions

121

Estimated turnover

7.4%

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

FRTFederal Realty Investment Trust$10.92Mreported value+89.5K shares NTSTNetstreit Corp.$5.64Mreported value+251.2K shares IIPRInnovative Industrial Properties, Inc.$5.32Mreported value+25.9K shares SLGSl Green Realty Corp$4.30Mreported value+53.0K shares CUBECubesmart$3.11Mreported value+59.7K shares RADIRadius Global Infrastructure, Inc.$1.58Mreported value+110.9K shares SKXSkechers USA Inc$505.0Kreported value+12.4K shares

Increased positions

METAMeta Platforms, Inc.$745.41Mreported value+696.1K shares+26.2%VTRSViatris Inc$616.53Mreported value+11.80M shares+26.3%JDJd.com, Inc.$515.11Mreported value+1.35M shares+17.9%DARDarling Ingredients Inc.$258.53Mreported value+57.0K shares

Reduced positions

WFCWells Fargo & Company/mn$1.65Breported value-4.34M shares-11.3%COFCapital One Financial Corp$1.49Breported value-398.2K shares-3.4%BRK.ABerkshire Hathaway Inc$1.24Breported value-77 shares-3.2%AMATApplied Materials Inc /de$1.06Breported value-348.7K shares

Exited positions

QUOTQuotient Technology Inc$26.92Mprior reported value-3.63M shares-100.0%FRTFederal Realty Investment Trust$12.04Mprior reported value-88.3K shares-100.0%SLGSl Green Realty Corp$3.76Mprior reported value-52.5K shares-100.0%CONECyrusone Inc.$3.31Mprior reported value-36.9K shares