$1.56 Billion is the total value of Davis Asset Management, L.P.'s 32 reported holdings in Q1 2023. The portfolio turnover from Q4 2022 to Q1 2023 was 9.7% .
| Value | Shares | ↓ Weighting | ||||||
|---|---|---|---|---|---|---|---|---|
| ACGL | Sell | Arch Capital Group LTD | $135,788,866 | -27.9% | 2,000,720 | -33.3% | 8.72% | -17.0% |
| GPN | Global Payments Inc. | $115,764,000 | +6.0% | 1,100,000 | 0.0% | 7.43% | +22.0% | |
| GOOG | Alphabet Incclass c | $104,000,000 | +17.2% | 1,000,000 | 0.0% | 6.68% | +34.9% | |
| STT | State Street Corp | $90,828,000 | -2.4% | 1,200,000 | 0.0% | 5.83% | +12.3% | |
| WAL | Western Alliance Bancorp | $88,850,000 | -40.3% | 2,500,000 | 0.0% | 5.71% | -31.3% | |
| CB | Chubb Limited | $87,381,000 | -12.0% | 450,000 | 0.0% | 5.61% | +1.3% | |
| V | Visa Inc Com | $67,638,000 | +8.5% | 300,000 | 0.0% | 4.34% | +24.9% | |
| BRKB | Berkshire Hathaway Inc Del Cl B Frmlycl b | $61,754,000 | -0.0% | 200,000 | 0.0% | 3.97% | +15.1% | |
| FB | Meta Platformscl a | $60,170,000 | 0.0% | 500,000 | 0.0% | 3.86% | +15.1% | |
| WBS | Buy | Webster Financial Corp | $59,130,000 | +60.4% | 1,500,000 | +92.6% | 3.80% | +84.6% |
| BRKA | Berkshire Hathaway Inc Del Cl A Frmlycl a | $55,872,000 | -0.7% | 120 | 0.0% | 3.59% | +14.3% | |
| KKR | KKR & Co. | $52,520,000 | +13.1% | 1,000,000 | 0.0% | 3.37% | +30.2% | |
| BABA | Alibabasponsored ads | $51,090,000 | +16.0% | 500,000 | 0.0% | 3.28% | +33.5% | |
| SFBS | Sell | Servisfirst Bancshares Inc | $49,361,592 | -28.4% | 903,562 | -9.6% | 3.17% | -17.6% |
| CG | Carlyle Group | $46,590,000 | +4.1% | 1,500,000 | 0.0% | 2.99% | +19.8% | |
| AX | Buy | AXOS Financial Inc | $44,304,000 | +14.5% | 1,200,000 | +18.5% | 2.84% | +31.8% |
| TCBK | Buy | TriCo Bancshares | $42,455,072 | -16.8% | 1,020,800 | +2.0% | 2.73% | -4.3% |
| GS | Goldman Sachs Group Inc | $39,253,200 | -4.7% | 120,000 | 0.0% | 2.52% | +9.7% | |
| USB | US Bancorp Del Com New | $36,050,000 | -17.3% | 1,000,000 | 0.0% | 2.32% | -4.8% | |
| GBCI | Glacier Bancorp | $33,160,720 | -15.0% | 789,353 | 0.0% | 2.13% | -2.2% | |
| MKL | Markel | $31,935,250 | -3.0% | 25,000 | 0.0% | 2.05% | +11.6% | |
| MA | Mastercard Inc | $30,889,850 | +4.5% | 85,000 | 0.0% | 1.98% | +20.3% | |
| RJF | Raymond James Financial Inc | $27,981,000 | -12.7% | 300,000 | 0.0% | 1.80% | +0.5% | |
| MTB | New | M&T Bank | $22,718,300 | – | 190,000 | +100.0% | 1.46% | – |
| JLL | Jones Lange Lasalle Inc. | $21,823,500 | -8.7% | 150,000 | 0.0% | 1.40% | +5.0% | |
| FSBC | Buy | Five Star Bancorp | $21,340,000 | -15.6% | 1,000,000 | +7.7% | 1.37% | -2.9% |
| PACW | Pacwest Bancorp | $19,751,900 | -57.6% | 2,030,000 | 0.0% | 1.27% | -51.2% | |
| Southern States Bancshares | $17,977,852 | -22.1% | 797,244 | 0.0% | 1.15% | -10.4% | ||
| ABCB | Ameris Bancorp | $14,632,000 | -22.4% | 400,000 | 0.0% | 0.94% | -10.6% | |
| FCNCA | New | First Citizen Bancsharescl a | $13,818,020 | – | 14,200 | +100.0% | 0.89% | – |
| CCNE | Buy | CNB Financial Corp PA | $7,681,459 | +61.4% | 400,076 | +100.0% | 0.49% | +86.0% |
| TSBK | Timberland Bancorp Inc | $4,714,342 | -20.8% | 174,476 | 0.0% | 0.30% | -8.7% | |
| SBNY | Exit | Signature Bank New York | $0 | – | -1,100,000 | -100.0% | -7.07% | – |
Original filings
The following EDGAR filing(s) were analyzed to create this report:
- View 13F-HR filed 2023-05-11
Top long-term holdings
| Name | Quarters owned | Latest quarter owned | Max weighting |
|---|---|---|---|
| Arch Capital Group LTD | 5 | Q3 2023 | 10.5% |
| Western Alliance Bancorp | 5 | Q3 2023 | 9.2% |
| Global Payments Inc. | 5 | Q3 2023 | 7.4% |
| Alphabet Inc | 5 | Q3 2023 | 7.7% |
| Meta Platforms | 5 | Q3 2023 | 8.8% |
| Chubb Limited | 5 | Q3 2023 | 5.6% |
| State Street Corp | 5 | Q3 2023 | 5.8% |
| Visa Inc Com | 5 | Q3 2023 | 4.3% |
| Berkshire Hathaway Inc Del Cl B Frmly | 5 | Q3 2023 | 4.1% |
| Berkshire Hathaway Inc Del Cl A Frmly | 5 | Q3 2023 | 3.7% |
View Davis Asset Management, L.P.'s complete holdings history.
Latest filings
| Type | Filed |
|---|---|
| 13F-HR/A | 2024-02-15 |
| 13F-HR | 2024-02-12 |
| 13F-HR | 2023-11-13 |
| 13F-HR | 2023-08-14 |
| 13F-HR | 2023-05-11 |
| 13F-HR | 2023-02-13 |
| 13F-HR | 2022-11-14 |
View Davis Asset Management, L.P.'s complete filings history.
All filings
- Holdings (13F-HR)
- Significant ownership (13-D/G)
- Insider transactions (4, 5, 6)
- Events (8-K)
- Shareholder votes (proxy)
View complete filings history.