Davis Asset Management, L.P.

Q4 2025 13F-HR Holdings

Location
Sausalito, CA
Holdings as of
12/31/2025
Date filed
2/13/2026
Form type
13F-HR
Num holdings
30
Total value ($000)
$2,792,151
Net value change ($000)
-17,030 (-0.6%)
New positions
0
Sold out positions
1
Turnover %
5.0%
Sector allocation + QoQ delta (equities-only)
Prev filing: 11/14/2025 Next filing: — SEC filing

Snapshot: Change Analysis

Compared to Q3 2025
Methodology: sector metrics are equities-only; instrument mix chart is ex-options; options exposure is shown separately. Why this matters.
Top Adds (Value $000, Stocks/ETFs)
GOOGL 70,250 28.8%
ACN 32,255 52.3%
FAF 21,496 30.4%
MTB 16,365 25.5%
CB 13,441 10.6%
MKL 11,915 12.5%
OSBC 8,110 31.3%
WBS 7,000 5.9%
FSBC 5,411 11.1%
TCBK 3,099 6.7%
Top Reduces (Value $000, Stocks/ETFs)
STT -139,212 -100.0%
META -37,145 -10.1%
BABA -16,075 -18.0%
GPN -7,952 -6.8%
WAL -6,625 -3.1%
CRBG -6,580 -5.9%
CG -3,590 -5.7%
RJF -3,243 -7.0%
EQR -1,352 -2.6%
BRK-B -18 -0.0%
Instrument mix + QoQ Δ (ex-options)
How this table is calculated: SEC VALUE ($000) is used as reported. For derivatives (PUT/CALL/WARRANT/RIGHT), SEC value represents reported underlying exposure, not premium cash paid/received. Column % is bucket-based: non-options share is calculated inside non-option total, options share is calculated inside options total. Details.
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Instrument:
Issuer Name Ticker Sector Industry Class History Value ($000) % Shares Shares Δ Shares Δ% Value Δ ($000) Value Δ% Principal Option Type