13F filing recap · Q2 2026

What did Davis Advisors buy in Q2 2026?

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

$23.29B

Positions

112

Estimated turnover

22.3%

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.

Quarter in review

Davis Advisors opened new positions in Devon Energy and SBA Communications while exiting Coterra Energy and Crown Castle entirely. The firm trimmed Capital One Financial, US Bancorp, CVS Health, Viatris, and MGM Resorts slightly, and added to Amazon.com. It also substantially increased JBS and LyondellBasell Industries, while sharply reducing Applied Materials and Sap SE.

New positions

DVNDevon Energy Corp/de$1.05Breported value+25.30M shares SBACSba Communications Corporation$7.18Mreported value+40.7K shares

Increased positions

AMZNAmazon.com Inc$1.02Breported value+850.9K shares+24.8%MKLMarkel Group Inc.$794.40Mreported value+23.3K shares+6.1%CIThe Cigna Group$621.24Mreported value+19.5K shares+0.9%JBSJbs N.v.$592.69Mreported value+23.77M shares

Reduced positions

COFCapital One Financial Corp$1.66Breported value-268.8K shares-3.1%USBUS Bancorp$1.30Breported value-784.5K shares-3.5%CVSCVS Health Corp$1.23Breported value-373.8K shares-3.1%VTRSViatris Inc$1.19Breported value-2.98M shares

Exited positions

CTRACoterra Energy Inc.$1.30Bprior reported value-37.12M shares-100.0%CCICrown Castle Inc.$3.41Mprior reported value-41.9K shares-100.0%