Davis Asset Management portfolio
Concentrated managerType not verifiedPortfolio as of Jun 30, 2026 (Q2 2026) · filed with the SEC on Aug 12, 2026 · data updated on Nov 5, 2026 · Q2 2026 13F (filing) ↗ · all its 13F filings ↗
A 13F shows the portfolio at quarter-end and is filed up to 45 days later: these are not real-time positions and they may have changed.
Davis Asset Management reported a $3.9 bn portfolio of 83 companies (85 positions, counting each share class separately) to the SEC as of the end of Q2 2026. Its largest positions are BRK/A, GOOG, META. During the quarter it opened Infleqtion.
Sections with a free account
What changed this quarter
16 positions with a change (3 new, 8 added to, 2 trimmed, 3 sold). 5 are listed here: those of 0.5 points of the portfolio or more (up to 12).
- Marketaxess Holdings+359%more sharesIncreased0.5% → 1.4%
- Markel Group+30%more sharesIncreased3.9% → 4.6%
- Infleqtion+0.7 ppof portfolioNew— → 0.7%
- Accenture+37%more sharesIncreased3.1% → 2.3%
- Western Alliance Bancorporation+8.2%more sharesIncreased6.3% → 6.9%
The figure on the right: for positions added to or trimmed, the change in the number of shares (%); for new and sold ones, the points of the portfolio moved (pp). Below, the portfolio weight before → after. Traded weight: what it bought or sold, excluding price effects.
Top holdings
- Berkshire HathawayBRK/A · BRK/B13.7%
- AlphabetGOOG · GOOGL9.4%
- Meta PlatformsMETA7.4%
- Western Alliance BancorporationWAL6.9%
- Markel GroupMKL4.6%
- ChubbCB4.3%
- Corebridge FinancialCRBG4.2%
- JPMorgan ChaseJPM4.1%
- Axos FinancialAX3.8%
- ProgressivePGR2.8%
- VisaV2.8%
- Global PaymentsGPN2.7%
- First American FinancialFAF2.6%
- M&t BankMTB2.5%
- Goldman Sachs GroupGS2.4%
“Since”: first quarter of the current run, unbroken until today. In the details, prices are the quarter-end prices of the quarters in which it added shares, per the 13F. The manager may have bought at any price within each quarter; the SEC only publishes the value at quarter end.
Portfolio by sector
- ● Financials 77%
- ● Communication Services 17%
- ● Information Technology 3%
- ● Real Estate 2%
- ● Consumer Discretionary 2%
How its portfolio changed (8 quarters)
Q2 2026: 85
Q2 2026: 58%
Q2 2026: 2.8%
Traded turnover: the weight it bought plus the weight it sold in the quarter, divided by two, excluding price moves. The plain “turnover” in the header does include that effect. With a free account: the full history and sectors over time.
Stakes above 5% (13D/13G)
Companies where this filer reported holding 5% or more of the shares. It is the figure from its latest filing on each one; history since December 2024.
How we classify it
Type not verified. It meets the portfolio criteria of a concentrated manager, but its type is not verified: we found no official document that is enough to say what kind of entity it is. It may be an investment firm, but also an adviser adding up client accounts, a bank or a family vehicle. It counts in the tallies like the rest; keep that in mind when reading it. How the type is assigned
Managers of a similar size
A 13F portfolio value between a third and three times this one, whatever the type of filer. It is not a comparison of what they hold.
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