DAVIS SELECTED ADVISERS

Q1 2020 13F-HR Holdings

Location
Tucson, AZ
Holdings as of
3/31/2020
Date filed
5/15/2020
Form type
13F-HR
Num holdings
122
Total value ($000)
$14,761,304
Net value change ($000)
-6,150,301 (-29.4%)
New positions
4
Sold out positions
16
Turnover %
2.8%
Sector allocation + QoQ delta (equities-only)

Snapshot: Change Analysis

Compared to Q4 2019
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)
RAYTHEON CO/ 136,409 NEW
OVV 20,137 NEW
CI 19,769 54.5%
58.com Inc. 7,432 20.1%
OC 7,132 35.1%
Jernigan Capital, Inc. 4,804 1112.0%
VMWA 3,066 NEW
CyrusOne Holdco LLC 2,882 46.3%
EQIX 2,304 11.0%
SHO 1,324 22.7%
Top Reduces (Value $000, Stocks/ETFs)
WFC -631,790 -44.3%
COF -554,535 -40.7%
NEW ORIENTAL EDUCATION -508,421 -40.9%
APACHE CORP -428,270 -83.1%
JPM -378,520 -36.8%
RTX -310,853 -27.4%
BRK-B -297,171 -28.0%
BK -270,391 -34.2%
GOOGL -247,556 -21.0%
AXP -230,124 -33.2%
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