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Focused investors/Christopher Davis

Christopher Davis - Davis Advisors

As of Q2 2026, Christopher Davis reported 112 long-equity positions worth $23.29B in aggregate.

Copy-investor backtest

Latest quarter
+3.56%
1-year
+25.55%
3-year
+75.84%
5-year
+62.72%
3-year vs S&P 500
+2.97%
5-year vs S&P 500
-10.09%
5-year top 5
+127.13%

Return from mechanically copying the disclosed 13F equity portfolio after each filing and rebalancing at the next. The vs S&P 500 figures subtract SPY over that manager's own rebalance dates, so both sides cover the same days; both are price return, excluding dividends. Method & limitations.

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Buys

These are the positions the manager opened or added to this quarter, showing where they put more money to work. The quarter shown is Q2 2026.

TickerSecurityActivity% portfolioSharesValueReported priceQ range
DVNDevon Energy Corp.New4.49%25,297,991$1.05B$41.32$41.27 - $51.95(0%)$48.59 -> $41.31
JBSJBS N.V., Class AAdd +90.6%2.54%50,016,236$592.69M$11.85$11.59 - $18.65(4%)$18.12 -> $11.85
SBACSBA Communications Corp-CL ANew0.03%40,700$7.18M$176.46$170.34 - $224.46(11%)$171.56 -> $176.46
AMZNAmazon.com, Inc.Add +24.8%4.38%4,276,176$1.02B$238.35$204.90 - $278.56(45%)$210.57 -> $238.72
LYBLyondellBasell Industries N.V.Add +55.4%1.97%8,698,852$457.99M$52.65$52.34 - $81.96(1%)$76.71 -> $52.65
TCOMTrip.com Group Ltd., ADRAdd +33.7%1.50%8,761,371$349.05M$39.84$38.04 - $55.70(10%)$49.79 -> $39.84
MKLMarkel Group, IncAdd +6.1%3.41%406,759$794.4M$1953.00$1719.41 - $2011.54(80%)$1902.58 -> $1953.01
NTESNetEase Inc. - ADRAdd +45.0%0.34%612,955$78.54M$128.14$106.06 - $129.95(92%)$112.66 -> $128.14
SESea Ltd., Class A, ADRAdd +8.8%0.83%2,011,812$192.79M$95.83$79.00 - $99.97(80%)$82.16 -> $95.83
UNHUnitedHealth Group Inc.Add +2.2%2.27%1,274,650$529.84M$415.67$270.76 - $427.81(92%)$273.98 -> $415.63
NVDANVIDIA Corp.Add +36.3%0.13%154,727$30.95M$200.03$171.37 - $236.54(44%)$175.75 -> $200.09
MSFTMicrosoft Corp.Add +18.4%0.15%92,973$34.7M$373.28$349.20 - $466.32(21%)$369.37 -> $373.02
CICigna GroupAdd +0.9%2.67%2,253,424$621.24M$275.69$264.90 - $303.33(28%)$267.32 -> $275.69
ADBEAdobe Inc.Add +50.4%0.06%67,894$13.93M$205.16$190.12 - $275.44(18%)$241.37 -> $205.14
PINSPinterest, Inc., Class AAdd +1.4%1.14%12,574,721$264.48M$21.03$17.33 - $24.71(50%)$18.29 -> $21.03
ESSEssex Property Trust, Inc.Add +70.0%0.04%28,501$8.31M$291.59$240.54 - $296.07(92%)$243.08 -> $291.64
AMHAmerican Homes 4 Rent - Class AAdd +17.5%0.05%325,590$10.91M$33.52$27.83 - $34.07(91%)$28.17 -> $33.54
FRMIFermi Inc.Add +47.6%0.02%451,400$4.13M$9.16$4.47 - $10.04(84%)$5.37 -> $9.16
JANJanus Living, Inc.Add +250.0%0.00%35,000$1.01M$28.74$23.00 - $29.27(91%)$23.35 -> $28.74
COPConocoPhillipsAdd +0.1%0.84%1,877,583$195.19M$103.96$103.66 - $134.41(1%)$128.38 -> $103.94