Latest Davis Asset Management, L.P. Stock Portfolio
Davis Asset Management, L.P. Performance:
2024 Q3: 10.42%YTD: 17.37%2023: 15.66%
Performance for 2024 Q3 is 10.42%, and YTD is 17.37%, and 2023 is 15.66%.
About Davis Asset Management, L.P. and 13F Hedge Fund Stock Holdings
In it's latest 13F Holdings report, Davis Asset Management, L.P. reported an equity portfolio of $2.5 Billions as of 30 Sep, 2024.
The top stock holdings of Davis Asset Management, L.P. are META, WAL, GOOG. The fund has invested 11.4% of it's portfolio in META PLATFORMS and 8.7% of portfolio in WESTERN ALLIANCE BANCORP.
The fund managers got completely rid off GLACIER BANCORP (GBCI) stocks. They significantly reduced their stock positions in KKR & CO. (KKR) and US BANCORP DEL COM NEW (USB). The fund showed a lot of confidence in some stocks as they added substantially to OLD SECOND BANCORP (OSBC), MARKEL (MKL) and GLOBAL PAYMENTS INC. (GPN).
The top stock holdings of Davis Asset Management, L.P. are META, WAL, GOOG. The fund has invested 11.4% of it's portfolio in META PLATFORMS and 8.7% of portfolio in WESTERN ALLIANCE BANCORP.
The fund managers got completely rid off GLACIER BANCORP (GBCI) stocks. They significantly reduced their stock positions in KKR & CO. (KKR) and US BANCORP DEL COM NEW (USB). The fund showed a lot of confidence in some stocks as they added substantially to OLD SECOND BANCORP (OSBC), MARKEL (MKL) and GLOBAL PAYMENTS INC. (GPN).
Davis Asset Management, L.P. Annual Return Estimates Vs S&P 500
Our best estimate is that Davis Asset Management, L.P. made a return of 10.42% in the last quarter. In trailing 12 months, it's portfolio return was 31.82%.
New Buys
Additions
| Ticker | % Inc. |
|---|---|
| old second bancorp | 88.64 |
| markel | 42.86 |
| global payments inc. | 7.69 |
Additions to existing portfolio by Davis Asset Management, L.P.
Reductions
| Ticker | % Reduced |
|---|---|
| kkr & co. | -28.57 |
| us bancorp del com new | -20.00 |
Davis Asset Management, L.P. reduced stake in above stock
Sold off
| Ticker | $ Sold |
|---|---|
| glacier bancorp | -11,074,700 |
Davis Asset Management, L.P. got rid off the above stocks
Sector Distribution
Davis Asset Management, L.P. has about 61.4% of it's holdings in Financial Services sector.
| Sector | % |
|---|---|
| Financial Services | 61.4 |
| Communication Services | 18.1 |
| Others | 10.2 |
| Industrials | 5.7 |
| Real Estate | 4.6 |
Market Cap. Distribution
Davis Asset Management, L.P. has about 63.9% of it's portfolio invested in the large-cap and mega-cap stocks.
| Category | % |
|---|---|
| LARGE-CAP | 40.8 |
| MEGA-CAP | 23.1 |
| MID-CAP | 19.8 |
| UNALLOCATED | 10.2 |
| SMALL-CAP | 4.9 |
| MICRO-CAP | 1.2 |
Stocks belong to which Index?
About 64% of the stocks held by Davis Asset Management, L.P. either belong to S&P 500 or RUSSELL 2000 index.
| Index | % |
|---|---|
| S&P 500 | 50.5 |
| Others | 36 |
| RUSSELL 2000 | 13.5 |
Davis Asset Management, L.P. Holdings Map
This heatmap illustrates the top 50 positions within the fund's portfolio.
Current Stock Holdings of Davis Asset Management, L.P.
Davis Asset Management, L.P. has 33 stocks in it's portfolio. About 56.7% of the portfolio is in top 10 stocks. GOOG proved to be the most loss making stock for the portfolio. WAL was the most profitable stock for Davis Asset Management, L.P. last quarter.
Last Reported on: 12 Nov, 2024| Ticker | Namesorted ascending | % Portfolio | Shares Held | $ Value | Type | % Change | Options | |
|---|---|---|---|---|---|---|---|---|
| ABCB | ameris bancorp | 1.00 | 400,000 | 24,956,000 | unchanged | 0.00 | ||
| ACGL | arch capital group ltd | 2.46 | 550,000 | 61,534,000 | unchanged | 0.00 | ||
| AX | axos financial inc | 3.77 | 1,500,000 | 94,320,000 | unchanged | 0.00 | ||
| BABA | alibaba | 2.12 | 500,000 | 53,060,000 | unchanged | 0.00 | ||
| CB | chubb limited | 5.19 | 450,000 | 129,776,000 | unchanged | 0.00 | ||
| CCNE | cnb financial corp pa | 0.67 | 700,000 | 16,842,000 | unchanged | 0.00 | ||
| CG | carlyle group | 2.58 | 1,500,000 | 64,590,000 | unchanged | 0.00 | ||
| CRBG | corebridge financial | 3.50 | 3,000,000 | 87,480,000 | unchanged | 0.00 | ||
| EQR | equity residential | 2.98 | 1,000,000 | 74,460,000 | unchanged | 0.00 | ||
| FCNCA | first citizen bancshares | 1.05 | 14,200 | 26,141,500 | unchanged | 0.00 | ||
| FSBC | five star bancorp | 1.80 | 1,511,500 | 44,936,900 | unchanged | 0.00 | ||
| GBCI | glacier bancorp | 0.00 | 0.00 | 0.00 | sold off | -100 | ||
| GOOG | alphabet inc | 6.69 | 1,000,000 | 167,190,000 | unchanged | 0.00 | ||
| GPN | global payments inc. | 5.74 | 1,400,000 | 143,388,000 | added | 7.69 | ||
| GS | goldman sachs group inc | 1.39 | 70,000 | 34,657,700 | unchanged | 0.00 | ||
| JLL | jones lange lasalle inc. | 1.62 | 150,000 | 40,471,500 | unchanged | 0.00 | ||
| KKR | kkr & co. | 2.61 | 500,000 | 65,290,000 | reduced | -28.57 | ||
| MA | mastercard inc | 1.68 | 85,000 | 41,973,000 | unchanged | 0.00 | ||
| META | meta platforms | 11.45 | 500,000 | 286,220,000 | unchanged | 0.00 | ||
| MKL | markel | 3.14 | 50,000 | 78,429,000 | added | 42.86 | ||