13F filing recap · Q4 2023

What did Davis Advisors buy in Q4 2023?

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

$17.70B

Positions

103

Estimated turnover

10.0%

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.

New positions

AGCOAgco Corp /de$183.59Mreported value+1.51M shares FWONALiberty Media Corporation$28.31Mreported value+488.3K shares FWONKLiberty Media Corporation$16.28Mreported value+257.8K shares

Increased positions

MGMMgm Resorts International$461.64Mreported value+486.8K shares+4.9%MKLMarkel Group Inc.$426.85Mreported value+38.5K shares+14.7%DGXQuest Diagnostics Inc$367.67Mreported value+998.9K shares+59.9%DUSADavis Fundamental ETF Trust$119.53Mreported value+57.6K shares

Reduced positions

WFCWells Fargo & Company/mn$1.44Breported value-958.3K shares-3.2%COFCapital One Financial Corp$1.43Breported value-197.5K shares-1.8%METAMeta Platforms, Inc.$1.40Breported value-931.3K shares-19.0%AMZNAmazon.com Inc$1.07Breported value-417.2K shares

Exited positions

FWONALiberty Media Corporation$29.11Mprior reported value-514.9K shares-100.0%FWONKLiberty Media Corporation$16.52Mprior reported value-265.2K shares-100.0%NTSTNetstreit Corp.$2.50Mprior reported value-160.8K shares-100.0%IQIqiyi, Inc.$1.21Mprior reported value-254.2K shares