Davis Asset Management, L.P.

13F filer · CIK 0001945894

Reported Aug 12, 2026

Net buyer this quarter

13F portfolio value$3.95BU.S. long equity reported on 13F

Positions823 new · 3 closed

Net flow last quarter+$207MBuys minus sells

Top 10 positions weight58.3%Concentration

Holdings

13F · last 4 quarters free

Scroll for earlier quarters

Company	Value	% of portfolio	% of company	POSITION CHANGE qoq %	First reported
Q2 2026Reported Aug 12, 202682 positions
GOOGAlphabet Inc.	$371M	9.39%	Not reported	+5.0%	Q3 2022
BRK.ABerkshire Hathaway Inc	$364M	9.22%	Not reported	+2.3%	Q3 2022
METAMeta Platforms, Inc.	$291M	7.37%	Not reported	+0.4%	Q3 2022
WALWestern Alliance Bancorporation	$274M	6.94%	3.06%	+8.2%	Q3 2022
MKLMarkel Group Inc.	$180M	4.56%	0.74%	+30.4%	Q3 2022
BRK.BBerkshire Hathaway Inc	$177M	4.49%	Not reported	+12.2%	Q3 2022
CBChubb Ltd	$169M	4.27%	0.13%	Not reported	Q3 2022
CRBGCorebridge Financial, Inc.	$166M	4.21%	1.30%	-0.1%	Q4 2023
JPMJPMorgan Chase & Co	$162M	4.09%	0.02%	+5.4%	Q1 2026
AXAxos Financial, Inc.	$150M	3.79%	2.71%	Not reported	Q3 2022
PGRProgressive Corp	$110M	2.79%	0.09%	Not reported	Q1 2026
VVisa Inc.	$110M	2.78%	0.02%	Not reported	Q3 2022
GPNGlobal Payments Inc	$108M	2.73%	0.56%	Not reported	Q3 2022
FAFFirst American Financial Corp	$103M	2.61%	1.47%	Not reported	Q2 2025
MTBM&T Bank Corp	$97.6M	2.47%	0.28%	Not reported	Q1 2023
GSGoldman Sachs Group Inc	$93.4M	2.37%	0.03%	Not reported	Q3 2022
ACNAccenture plc	$92.1M	2.33%	0.12%	+37.0%	Q3 2025
SFBSServisFirst Bancshares, Inc.	$79M	2.00%	1.67%	Not reported	Q3 2022
FSBCFive Star Bancorp	$73.6M	1.86%	7.06%	Not reported	Q3 2022
VMRKVivmark Residential	$72.3M	1.83%	0.28%	-0.3%	Q4 2023
ACGLArch Capital Group Ltd.	$63.1M	1.60%	0.19%	Not reported	Q3 2022
BABAAlibaba Group Holding Ltd	$58.3M	1.48%	0.03%	Not reported	Q3 2022
MKTXMarketaxess Holdings Inc	$56.7M	1.44%	1.42%	+359.4%	Q1 2026
TCBKTrico Bancshares /	$56.4M	1.43%	3.28%	Not reported	Q3 2022
ABCBAmeris Bancorp	$56.1M	1.42%	0.92%	Not reported	Q4 2022
MAMastercard Inc	$52.4M	1.33%	0.01%	Not reported	Q3 2022
CGCarlyle Group Inc.	$47.6M	1.21%	0.32%	Not reported	Q3 2022
USBUS Bancorp \de\	$43.2M	1.09%	0.05%	Not reported	Q3 2022
OSBCOld Second Bancorp Inc	$42M	1.06%	3.53%	Not reported	Q2 2024
RJFRaymond James Financial Inc	$41M	1.04%	0.14%	Not reported	Q3 2022
FBKFB Financial Corp	$34.3M	0.87%	1.24%	Not reported	Q3 2025
CCNECNB Financial Corp	$32M	0.81%	3.21%	Not reported	Q3 2022
WFCWells Fargo & Company	$27.9M	0.71%	0.01%	Not reported	Q1 2026
INFQInfleqtion, Inc.	$27.8M	0.70%	0.93%	New	Q2 2026
AXPAmerican Express Co	$21.3M	0.54%	0.01%	Not reported	Q1 2026
STTState Street Corp	$12.9M	0.33%	0.03%	-34.5%	Q3 2022
TSBKTimberland Bancorp Inc	$7.82M	0.20%	2.25%	Not reported	Q3 2022
AMATApplied Materials Inc	$4.79M	0.12%	0.00%	Not reported	Q1 2026
XOMExxonMobil Holdings Corp	$3.3M	0.08%	0.00%	Not reported	Q1 2026
JNJJohnson & Johnson	$3.17M	0.08%	0.00%	Not reported	Q1 2026
KOCoca Cola Co	$2.03M	0.05%	0.00%	Not reported	Q1 2026
BLKBlackRock, Inc.	$2.02M	0.05%	0.00%	Not reported	Q1 2026
MGMMGM Resorts International	$1.5M	0.04%	0.01%	Not reported	Q1 2026
GOOGLAlphabet Inc.	$1.43M	0.04%	0.00%	-15.8%	Q1 2026
DEDeere & Co	$1.23M	0.03%	0.00%	Not reported	Q1 2026
TRVTravelers Companies, Inc.	$1.21M	0.03%	0.00%	Not reported	Q1 2026
LLYELI LILLY & Co	$764K	0.02%	0.00%	Not reported	Q1 2026
MRKMerck & Co., Inc.	$514K	0.01%	0.00%	Not reported	Q1 2026
LINLinde PLC	$467K	0.01%	0.00%	Not reported	Q1 2026
WRBBerkley W R Corp	$409K	0.01%	0.00%	Not reported	Q1 2026

Q1 2026Reported May 15, 202682 positions
BRK.ABerkshire Hathaway Inc	$341M	9.87%	Not reported	+295.8%	Q3 2022
METAMeta Platforms, Inc.	$295M	8.53%	Not reported	+3.0%	Q3 2022
GOOGAlphabet Inc.	$287M	8.30%	Not reported	Not reported	Q3 2022
WALWestern Alliance Bancorporation	$218M	6.32%	2.81%	+23.3%	Q3 2022
CBChubb Ltd	$161M	4.66%	0.13%	+9.9%	Q3 2022
BRK.BBerkshire Hathaway Inc	$151M	4.38%	Not reported	+75.4%	Q3 2022
CRBGCorebridge Financial, Inc.	$138M	4.01%	1.27%	+65.8%	Q4 2023
JPMJPMorgan Chase & Co	$138M	3.99%	0.02%	New	Q1 2026
MKLMarkel Group Inc.	$135M	3.91%	0.56%	+41.3%	Q3 2022
AXAxos Financial, Inc.	$124M	3.59%	2.70%	+5.4%	Q3 2022
ACNAccenture plc	$107M	3.10%	0.08%	+54.3%	Q3 2025
PGRProgressive Corp	$100M	2.89%	0.09%	New	Q1 2026
GPNGlobal Payments Inc	$99.9M	2.89%	0.54%	+6.1%	Q3 2022
VVisa Inc.	$96.7M	2.80%	0.02%	+6.7%	Q3 2022
FAFFirst American Financial Corp	$90.4M	2.62%	1.47%	Not reported	Q2 2025
MTBM&T Bank Corp	$84.8M	2.45%	0.28%	+2.5%	Q1 2023
GSGoldman Sachs Group Inc	$78.2M	2.26%	0.03%	Not reported	Q3 2022
BABAAlibaba Group Holding Ltd	$76.2M	2.21%	0.03%	+21.5%	Q3 2022
SFBSServisFirst Bancshares, Inc.	$66.3M	1.92%	1.67%	+4.0%	Q3 2022
VMRKVivmark Residential	$63.2M	1.83%	0.29%	+33.5%	Q4 2023
ACGLArch Capital Group Ltd.	$62.4M	1.81%	0.18%	+18.2%	Q3 2022
FSBCFive Star Bancorp	$57M	1.65%	7.07%	Not reported	Q3 2022
CGCarlyle Group Inc.	$54.7M	1.58%	0.31%	+13.1%	Q3 2022
MAMastercard Inc	$51M	1.47%	0.01%	+20.0%	Q3 2022
TCBKTrico Bancshares /	$49.8M	1.44%	3.28%	Not reported	Q3 2022
ABCBAmeris Bancorp	$48.5M	1.40%	0.92%	Not reported	Q4 2022
RJFRaymond James Financial Inc	$39.1M	1.13%	0.14%	Not reported	Q3 2022
USBUS Bancorp \de\	$37.2M	1.08%	0.05%	+19.2%	Q3 2022
OSBCOld Second Bancorp Inc	$36.3M	1.05%	3.48%	+3.1%	Q2 2024
FBKFB Financial Corp	$32.2M	0.93%	1.20%	Not reported	Q3 2025
CCNECNB Financial Corp	$27.5M	0.80%	3.21%	Not reported	Q3 2022
WFCWells Fargo & Company	$26.9M	0.78%	0.01%	New	Q1 2026
AXPAmerican Express Co	$19.1M	0.55%	0.01%	New	Q1 2026
MKTXMarketaxess Holdings Inc	$18M	0.52%	0.31%	New	Q1 2026
STTState Street Corp	$14.7M	0.42%	0.04%	Not reported	Q3 2022
TSBKTimberland Bancorp Inc	$6.88M	0.20%	2.23%	Not reported	Q3 2022
XOMExxonMobil Holdings Corp	$4.1M	0.12%	0.00%	New	Q1 2026
JNJJohnson & Johnson	$3.06M	0.09%	0.00%	New	Q1 2026
AMATApplied Materials Inc	$2.26M	0.07%	0.00%	New	Q1 2026
BLKBlackRock, Inc.	$2.02M	0.06%	0.00%	New	Q1 2026
KOCoca Cola Co	$1.9M	0.06%	0.00%	New	Q1 2026
GOOGLAlphabet Inc.	$1.37M	0.04%	0.00%	New	Q1 2026
MGMMGM Resorts International	$1.16M	0.03%	0.01%	New	Q1 2026
DEDeere & Co	$1.09M	0.03%	0.00%	New	Q1 2026
TRVTravelers Companies, Inc.	$1.07M	0.03%	0.00%	New	Q1 2026
LLYELI LILLY & Co	$586K	0.02%	0.00%	New	Q1 2026
MRKMerck & Co., Inc.	$481K	0.01%	0.00%	New	Q1 2026
LINLinde PLC	$446K	0.01%	0.00%	New	Q1 2026
WRBBerkley W R Corp	$385K	0.01%	0.00%	New	Q1 2026
STTKShattuck Labs, Inc.	$310K	0.01%	0.06%	New	Q1 2026

Q4 2025Reported Feb 13, 202630 positions
METAMeta Platforms, Inc.	$330M	11.82%	Not reported	Not reported	Q3 2022
GOOGAlphabet Inc.	$314M	11.24%	Not reported	Not reported	Q3 2022
WALWestern Alliance Bancorporation	$210M	7.53%	2.27%	Not reported	Q3 2022
CBChubb Ltd	$140M	5.03%	0.12%	Not reported	Q3 2022
WBSWebster Financial Corp	$126M	4.51%	1.24%	Not reported	Q3 2022
AXAxos Financial, Inc.	$126M	4.50%	2.57%	Not reported	Q3 2022
GPNGlobal Payments Inc	$108M	3.88%	0.59%	Not reported	Q3 2022
MKLMarkel Group Inc.	$107M	3.85%	0.40%	Not reported	Q3 2022
CRBGCorebridge Financial, Inc.	$106M	3.78%	0.71%	Not reported	Q4 2023
VVisa Inc.	$105M	3.77%	0.02%	Not reported	Q3 2022
ACNAccenture plc	$93.9M	3.36%	0.05%	+40.0%	Q3 2025
FAFFirst American Financial Corp	$92.2M	3.30%	1.47%	+36.4%	Q2 2025
BRK.ABerkshire Hathaway Inc	$90.6M	3.24%	Not reported	Not reported	Q3 2022
BRK.BBerkshire Hathaway Inc	$90.5M	3.24%	Not reported	Not reported	Q3 2022
MTBM&T Bank Corp	$80.6M	2.89%	0.26%	+23.1%	Q1 2023
BABAAlibaba Group Holding Ltd	$73.3M	2.62%	0.00%	Not reported	Q3 2022
SFBSServisFirst Bancshares, Inc.	$62.8M	2.25%	1.60%	+14.6%	Q3 2022
CGCarlyle Group Inc.	$59.1M	2.12%	0.28%	Not reported	Q3 2022
FSBCFive Star Bancorp	$54.1M	1.94%	7.07%	Not reported	Q3 2022
ACGLArch Capital Group Ltd.	$52.8M	1.89%	0.15%	Not reported	Q3 2022
VMRKVivmark Residential	$50.4M	1.81%	0.21%	Not reported	Q4 2023
TCBKTrico Bancshares /	$49.6M	1.78%	3.24%	Not reported	Q3 2022
MAMastercard Inc	$48.5M	1.74%	0.01%	Not reported	Q3 2022
ABCBAmeris Bancorp	$46.2M	1.65%	0.91%	Not reported	Q4 2022
RJFRaymond James Financial Inc	$43.4M	1.55%	0.14%	Not reported	Q3 2022
FBKFB Financial Corp	$34.6M	1.24%	1.20%	Not reported	Q3 2025
OSBCOld Second Bancorp Inc	$34M	1.22%	3.31%	+16.4%	Q2 2024
USBUS Bancorp \de\	$32M	1.15%	0.04%	Not reported	Q3 2022
CCNECNB Financial Corp	$24.9M	0.89%	3.22%	Not reported	Q3 2022
TSBKTimberland Bancorp Inc	$6.25M	0.22%	2.21%	Not reported	Q3 2022
Q3 2025Reported Nov 14, 202531 positions
METAMeta Platforms, Inc.	$367M	13.07%	Not reported	Not reported	Q3 2022
GOOGAlphabet Inc.	$244M	8.67%	Not reported	Not reported	Q3 2022
WALWestern Alliance Bancorporation	$217M	7.72%	2.27%	Not reported	Q3 2022
STTState Street Corp	$139M	4.96%	0.43%	Not reported	Q3 2022
CBChubb Ltd	$127M	4.52%	0.11%	Not reported	Q3 2022
AXAxos Financial, Inc.	$123M	4.39%	2.57%	Not reported	Q3 2022
WBSWebster Financial Corp	$119M	4.23%	1.21%	Not reported	Q3 2022
GPNGlobal Payments Inc	$116M	4.14%	0.59%	Not reported	Q3 2022
CRBGCorebridge Financial, Inc.	$112M	3.99%	0.66%	Not reported	Q4 2023
VVisa Inc.	$102M	3.65%	0.02%	Not reported	Q3 2022
MKLMarkel Group Inc.	$95.6M	3.40%	0.40%	Not reported	Q3 2022
BRK.ABerkshire Hathaway Inc	$90.5M	3.22%	Not reported	Not reported	Q3 2022
BRK.BBerkshire Hathaway Inc	$90.5M	3.22%	Not reported	Not reported	Q3 2022
BABAAlibaba Group Holding Ltd	$89.4M	3.18%	0.00%	Not reported	Q3 2022
FAFFirst American Financial Corp	$70.7M	2.52%	1.08%	+281.5%	Q2 2025
MTBM&T Bank Corp	$64.2M	2.29%	0.21%	Not reported	Q1 2023
CGCarlyle Group Inc.	$62.7M	2.23%	0.28%	-33.3%	Q3 2022
ACNAccenture plc	$61.7M	2.19%	0.04%	New	Q3 2025
SFBSServisFirst Bancshares, Inc.	$61.5M	2.19%	1.40%	Not reported	Q3 2022
VMRKVivmark Residential	$51.8M	1.84%	0.21%	Not reported	Q4 2023
ACGLArch Capital Group Ltd.	$49.9M	1.78%	0.15%	Not reported	Q3 2022
FSBCFive Star Bancorp	$48.7M	1.73%	7.07%	Not reported	Q3 2022
MAMastercard Inc	$48.3M	1.72%	0.01%	Not reported	Q3 2022
RJFRaymond James Financial Inc	$46.6M	1.66%	0.14%	Not reported	Q3 2022
TCBKTrico Bancshares /	$46.5M	1.66%	3.22%	Not reported	Q3 2022
ABCBAmeris Bancorp	$45.6M	1.62%	0.91%	Not reported	Q4 2022
FBKFB Financial Corp	$34.5M	1.23%	1.16%	New	Q3 2025
USBUS Bancorp \de\	$29M	1.03%	0.04%	Not reported	Q3 2022
OSBCOld Second Bancorp Inc	$25.9M	0.92%	2.85%	+8.3%	Q2 2024
CCNECNB Financial Corp	$23M	0.82%	3.22%	+6.3%	Q3 2022
TSBKTimberland Bancorp Inc	$5.81M	0.21%	2.21%	Not reported	Q3 2022

Premium opens every quarter this fund has filed