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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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Updated 2026-06-06 from SEC 13F data.

Live quotes available for 103 of 194 rows. Rows without a quote are marked unavailable.

1-Citigroup Inc. 7.5% 12/15/12CUSIP PREFERRED76.28%Reduce -92.2%4,520$172.97BNo quoteNo quote
2AXPAmerican Express Co. Common1.21%New69,169,856$2.75B$39.70No quote
3WFCWells Fargo & Co. Common1.14%New100,728,966$2.58B$25.60No quote
4COSTCostco Wholesale Corp. Common1.11%New46,012,989$2.52B$54.83No quote
5OXYOccidental Petroleum Corp. Common1.02%New30,015,525$2.32B$77.15No quote
6EOGEOG Resources, Inc. Common1.01%New23,197,350$2.28B$98.37No quote
7BRK/ABerkshire Hathaway Inc.,A CommonCUSIP 0846701080.99%Reduce -10.2%18,750$2.25BNo quoteNo quote
8BKBank of New York Mellon Common0.87%New80,044,224$1.98B$24.69No quote
9CVSCVS Caremark Corp. Common0.82%New63,561,800$1.86B$29.32No quote
10MRKMerck & Co., Inc. Common0.82%New52,965,889$1.85B$34.97No quote
11DVNDevon Energy Corp. Common0.78%New29,074,596$1.77B$60.92No quote
12LLoews Corp. Common0.77%New52,357,019$1.74B$33.31No quote
13CNQCanadian Natural Resources Foreign0.69%New47,112,587$1.57B$33.23No quote
14JNJJohnson & Johnson Common0.69%New26,469,321$1.56B$59.06No quote
15PGRProgressive Corp. Common0.66%New79,746,193$1.49B$18.72No quote
16PGProcter & Gamble Co. Common0.50%New19,066,776$1.14B$59.98No quote
17SEESealed Air Corp. Common0.50%New57,121,564$1.13B$19.72No quote
18TXNTexas Instruments, Inc. Common0.47%New46,167,291$1.07B$23.28No quote
19ESRXExpress Scripts Inc - Class A Common0.46%New22,284,641$1.05BNo quoteNo quote
20PFEPfizer Inc. Common0.44%New70,318,913$1B$14.26No quote
21KOCoca Cola Co. Common0.43%New19,479,674$976.32M$50.12No quote
22IRMIron Mountain Inc. Common0.40%New40,755,071$915.36MNo quoteNo quote
23HPQHewlett Packard Co. Common0.39%New20,411,678$883.42M$43.28No quote
24BBBYQBed Bath + Beyond Inc. Common0.38%New23,230,753$861.4MNo quoteNo quote
25MSFTMicrosoft Corp. Common0.34%New33,040,839$760.27M$23.01No quote
26TRHTransatlantic Holdings, Inc. Common0.31%New14,880,692$713.68MNo quoteNo quote
27GOOGLGoogle Inc. Class A Common0.26%Reduce -1.6%1,319,424$587.08M$444.95No quote
28BDXBecton, Dickinson and Co. Common0.26%Reduce -1.6%8,556,233$578.57M$67.62No quote
29AAgilent Technologies, Inc. Common0.25%New19,972,829$567.83M$28.43No quote
30HOGHarley-Davidson, Inc. Common0.25%New25,348,817$563.5M$22.23No quote
31PMPhilip Morris International Inc. Common0.24%New12,053,352$552.53M$45.84No quote
32DISDisney Walt Holdings Common0.24%New17,290,278$544.64M$31.50No quote
33DNBD & B Corp. Common0.23%Reduce -0.6%7,853,389$527.12MNo quoteNo quote
34MLMMartin Marietta Material Common0.23%Reduce -0.6%6,197,865$525.64M$84.81No quote
35BRK/BBerkshire Hathaway Inc.,B CommonCUSIP 0846707020.21%Reduce -34.5%6,063,297$483.18MNo quoteNo quote
36NWSANews Corp. Common0.20%New38,160,800$456.4M$11.96No quote
37TYCTyco International Ltd. Common0.19%New12,291,780$433.04MNo quoteNo quote
38AMPAmeriprise Financial, Inc. Common0.19%New11,892,645$429.68M$36.13No quote
39KMXCarMax, Inc. Common0.19%New21,567,486$429.19M$19.90No quote
40BAXBaxter International Inc. Common0.17%New9,363,533$380.53M$40.64No quote
41MCOMoody's Corp. Common0.17%New18,969,188$377.87M$19.92No quote
42MONMonsanto Co. Common0.15%Add +59.5%7,261,650$335.63MNo quoteNo quote
43RIGTransocean Ltd. Common0.14%Add +0.4%6,981,174$323.44M$46.33No quote
44ABBNYABB Limited ADR ADR0.13%New17,623,233$304.53MNo quoteNo quote
45GSGoldman Sachs Group Inc. Common0.13%Reduce -1.6%2,283,845$299.8M$131.27No quote
46DEODiageo PLC - ADR ADR0.13%Reduce -4.8%4,648,561$291.65M$62.74No quote
47ATVIActivision Blizzard, Inc. Common0.12%New26,675,424$279.83MNo quoteNo quote
48TVGrupo Televisa SA ADR0.12%New15,572,833$271.12MNo quoteNo quote
49MJNMead Johnson Nutrition Common0.11%Reduce -1.9%4,814,106$241.28MNo quoteNo quote
50BAMBrookfield Asset Management Foreign0.10%New10,194,385$230.6M$22.62No quote
51AMXAmerica Movil S.A.B. de C.V. ADR0.10%Add +1610.7%4,598,292$218.42MNo quoteNo quote
52VMCVulcan Materials Corp. Common0.09%Reduce -46.6%4,464,743$195.69M$43.83No quote
53HSYThe Hershey Co. Common0.08%Reduce -1.6%3,986,076$191.05M$47.93No quote
54UNUnilever NV ADR0.08%Reduce -2.2%6,908,510$188.74MNo quoteNo quote
55POTPotash Corp Saskatchewan Inc. Foreign0.08%Add +57.5%2,142,097$184.73MNo quoteNo quote
56JPMJPMorgan Chase & Co. Common0.07%New4,509,975$165.11M$36.61No quote
57VVisa Inc. Common0.07%Reduce -0.8%2,254,675$159.52M$70.75No quote
58PXPraxair, Inc. Common0.07%New2,024,158$153.82MNo quoteNo quote
59OFCCorporate Office Properties Trust Common0.06%Add +0.4%3,522,053$132.99MNo quoteNo quote
60DLRDigital Realty Trust Inc. Common0.06%Add +1.7%2,298,853$132.6M$57.68No quote
61UPSUnited Parcel Service, Inc. B Common0.06%Reduce -2.1%2,298,365$130.75M$56.89No quote
62ACCAmerican Campus Coms Inc. Common0.05%Add +9.8%4,544,958$124.03MNo quoteNo quote
63AREAlexandria Real Estate Equities Common0.05%Add +0.4%1,948,941$123.5M$63.37No quote
64MKLMarkel Corp. Common0.05%Reduce -0.9%349,135$118.71M$340.00No quote
65QVCALiberty Media Interactive A Common0.05%New11,282,455$118.47MNo quoteNo quote
66HRBH & R Block, Inc. Common0.05%New6,860,214$107.64M$15.69No quote
67FRTFederal Realty Investment Trust Common0.04%Reduce -7.9%1,383,969$97.25MNo quoteNo quote
68ESSEssex Property Trust, Inc. Common0.04%Reduce -24.0%945,957$92.27M$97.54No quote
69VTRVentas, Inc. Common0.04%Reduce -17.8%1,909,087$89.63M$46.95No quote
70COPConocoPhillips Common0.04%Reduce -45.5%1,822,015$89.44M$49.09No quote
71TCOTaubman Centers, Inc. Common0.04%Reduce -7.9%2,167,227$81.55MNo quoteNo quote
72BXPBoston Properties, Inc. Common0.04%Reduce -18.7%1,132,555$80.8M$71.34No quote
73EGEverest Re Group, Ltd. Common0.03%Reduce -0.6%1,091,712$77.21M$70.72No quote
74VNOVornado Realty Trust Common0.03%Reduce -3.8%1,014,430$74M$72.95No quote
75DCTDCT Industrial Trust Inc. Common0.03%New16,266,749$73.53MNo quoteNo quote
76HIWHighwoods Properties Inc. Common0.03%Add +18.8%2,491,991$69.18MNo quoteNo quote
77UDRUDR, Inc. Common0.03%Reduce -10.5%3,571,758$68.33M$19.13No quote
78CFNCarefusion Corp. Common0.03%Reduce -46.9%3,005,151$68.22MNo quoteNo quote
79REGRegency Centers Corporation Common0.03%Reduce -0.4%1,955,145$67.26M$34.40No quote
80DEIDouglas Emmett, Inc. Common0.03%Add +2.2%4,708,963$66.96M$14.22No quote
81SPGSimon Property Group Inc. Common0.03%Reduce -0.3%794,324$64.14M$80.75No quote
82EPREntertainment Properties Trust Common0.03%Add +7.3%1,508,573$57.43MNo quoteNo quote
83BACBank of America Corp. Common0.03%Reduce -0.5%3,984,264$57.25M$14.37No quote
84PCARPACCAR Inc Common0.02%Reduce -39.0%1,361,414$54.28M$39.87No quote
85AMZNAmazon.Com, Inc. Common0.02%Reduce -69.7%447,861$48.93M$109.26No quote
86YUMYum! Brands, Inc. Common0.02%Reduce -1.0%1,203,516$46.99M$39.04No quote
87LSTZALiberty Media - Starz A Common0.02%Reduce -1.2%902,168$46.77MNo quoteNo quote
88DFTDuPont Fabros Tech Inc. Common0.02%New1,808,283$44.41MNo quoteNo quote
89LHOLaSalle Hotel Properties Common0.02%Reduce -10.4%1,943,223$39.97MNo quoteNo quote
90CAHCardinal Health Inc. Common0.02%Reduce -85.4%1,184,617$39.82M$33.61No quote
91SIALSigma-Aldrich Corp. Common0.02%Reduce -0.3%789,755$39.35MNo quoteNo quote
92IDXXIDEXX Laboratories, Inc. Common0.02%Reduce -2.3%610,688$37.19M$60.90No quote
93FCEAForest City Enterprises Inc. - A Common0.01%Add +30.9%2,809,059$31.8MNo quoteNo quote
94SHAWShaw Group Inc. Common0.01%Reduce -0.9%829,462$28.38MNo quoteNo quote
95SLBSchlumberger Ltd. Common0.01%New503,680$27.87M$55.34No quote
96TSTenaris S.A. - ADR ADR0.01%Reduce -0.4%804,307$27.84MNo quoteNo quote
97LFCChina Life Insurance, Co. ADR0.01%Add +0.5%398,463$25.98MNo quoteNo quote
98CUZCousins Properties, Inc. Common0.01%Add +1.0%3,604,769$24.3M$6.74No quote
99SAPSAP AG ADR0.01%Reduce -0.6%508,485$22.53M$44.30No quote
100BLTBlount International, Inc. Common0.01%Add +0.7%1,940,082$19.93MNo quoteNo quote
101CBLCBL & Associates Properties Common0.01%Reduce -57.4%1,570,085$19.53M$12.44No quote
102AMTAmerican Tower Corp Cl A Common0.01%Add +10.3%433,925$19.31M$44.50No quote
103NTESNetEase.com Inc. ADR0.01%Add +1.3%607,844$19.28M$31.71No quote
104SCHWCharles Schwab Corp. Common0.01%Reduce -0.8%1,322,131$18.75M$14.18No quote
105ALEXAlexander & Baldwin, Inc. Common0.01%Add +1.3%596,026$17.75MNo quoteNo quote
106CCICrown Castle Int'l Corp. Common0.01%Add +15.3%473,169$17.63M$37.26No quote
107SHWThe Sherwin Williams Co. Common0.01%Add +23.6%248,665$17.21M$69.19No quote
108HRSHarris Corporation Common0.01%Reduce -14.7%393,094$16.37MNo quoteNo quote
109SBACSBA Communications Corp. Common0.01%Add +10.1%473,806$16.11M$34.01No quote
110PWRQuanta Services, Inc. Common0.01%Add +0.7%748,290$15.45M$20.65No quote
111KSSKohls Corp. Common0.01%Reduce -3.1%312,900$14.86MNo quoteNo quote
112CSACogdell Spencer, Inc. Common0.01%Add +1.0%2,034,621$13.75MNo quoteNo quote
113CCitigroup Inc. Common0.01%-3,465,760$13.03M$3.76No quote
114ACEAce Limited Common0.01%Add +0.0%247,016$12.72MNo quoteNo quote
115AESPRCAES Trust III,6.75%,10/15/29 PreferredPREF0.01%-288,810$12.52MNo quoteNo quote
116WFMWhole Foods Market Inc. Common0.01%Reduce -42.9%329,100$11.85MNo quoteNo quote
117UHSUniversal Health Service, Inc. Common0.00%Reduce -6.5%290,000$11.06M$38.15No quote
118WCNWaste Connections Inc. Common0.00%Reduce -1.7%285,000$9.94M$34.89No quote
119ALTRAltera Corp. Common0.00%Add +4.2%378,019$9.38MNo quoteNo quote
120BSBRBanco Santander Brasil SA ADR0.00%Add +1.4%855,111$8.83MNo quoteNo quote
121IBMIBM Common0.00%Reduce -0.1%67,732$8.36M$123.49No quote
122NBRNabors Industries Ltd. Common0.00%-472,000$8.32M$17.62No quote
123AVPAvon Products, Inc. Common0.00%Add +0.0%283,722$7.52MNo quoteNo quote
124IBNICICI Bank Limited ADR0.00%Add +0.3%197,500$7.14M$36.14No quote
125FCXPRMFreeport-Mc C&G 6.75 5/01/10 PreferredPREF0.00%Add +37.2%109,727$6.49MNo quoteNo quote
126TSNTyson Foods Inc. Common0.00%Reduce -34.1%375,400$6.15M$16.39No quote
127GEGeneral Electric Co. Common0.00%-421,200$6.07M$14.42No quote
128MASMasco Corp. Common0.00%Reduce -1.8%557,900$6M$10.76No quote
129IRFInternational Rectifier Corp. Common0.00%-291,700$5.43MNo quoteNo quote
130AESAES Corp. Common0.00%Reduce -2.4%580,700$5.37M$9.24No quote
131CSCOCisco Systems, Inc. Common0.00%Reduce -6.5%227,487$4.85M$21.31No quote
132UNHUnitedHealth Group Inc. Common0.00%Reduce -29.7%166,425$4.73M$28.40No quote
133FMDThe First Marblehead Corp. Common0.00%-1,930,844$4.54MNo quoteNo quote
134RYAAYRyanair Holdings ADR0.00%Add +0.0%151,345$4.1M$27.09No quote
135FCSFairchild Semiconductor International Common0.00%-445,597$3.75MNo quoteNo quote
136USBUS Bankcorp Common0.00%Add +44.6%163,400$3.65M$22.35No quote
137SCHSSchool Specialty Inc. Common0.00%Add +67.2%200,618$3.63MNo quoteNo quote
138WUWestern Union Company Common0.00%New211,000$3.15M$14.91No quote
139TROWT. Rowe Price Group, Inc. Common0.00%-69,260$3.07M$44.38No quote
140EQRPREEquity Residential - Series E PreferredPREF0.00%-63,200$2.93MNo quoteNo quote
141JCIJohnson Controls, Inc. Common0.00%Reduce -6.0%87,635$2.36M$26.87No quote
142RNRRenaissanceRe Holdings Ltd. Common0.00%Reduce -9.3%40,373$2.27M$56.28No quote
143CISGCNINSURE Inc. ADR0.00%Add +1.4%74,800$1.94MNo quoteNo quote
144URIUnited Rentals, Inc. Common0.00%-200,000$1.86M$9.32No quote
145BROBrown & Brown, Inc. Common0.00%Reduce -2.5%95,219$1.82M$19.13No quote
146VALEPVale SA-Sp Pref ADR ADR0.00%Add +4.7%78,019$1.64MNo quoteNo quote
147AOCAon Corp. Common0.00%-31,840$1.18MNo quoteNo quote
148LMTLockheed Martin Corp. Common0.00%Add +23.2%15,698$1.17M$74.53No quote
149MILMillipore Corporation Common0.00%-10,500$1.12MNo quoteNo quote
150LHLaboratory Corp of America Common0.00%Reduce -99.6%14,470$1.09M$75.33No quote
151INTCIntel Corp. Common0.00%-55,000$1.07M$19.45No quote
152SLGSL Green Realty Corp. Common0.00%Add +29.6%14,209$782KNo quoteNo quote
153WRBW.R. Berkley Corp. Common0.00%New18,350$486K$26.48No quote
154GLAClark Holdings, Inc. Common0.00%-1,493,715$463KNo quoteNo quote
155SESpectra Energy Corp. Common0.00%-22,500$452K$20.09No quote
156CMECME Group Inc. Common0.00%Reduce -0.4%1,489$419K$281.40No quote
157AMBAMB Property Corp. Common0.00%Add +39.5%16,752$397KNo quoteNo quote
158EQREquity Residential - COM Common0.00%Add +3.4%8,958$373K$41.64No quote
159APDAir Products & Chemicals, Inc. Common0.00%Add +15.8%5,430$352K$64.83No quote
160LBTYKLiberty Global, Inc. - Class C Common0.00%-9,500$247K$26.00No quote
161TDToronto Dominion Bank Foreign0.00%-3,600$234K$65.00No quote
175URIRPUnited Rentals Trust I, 6.50% PreferredPREF-Sold0$0No quoteNo quote
174PLDPROLOGIS TR SH BEN INT Common-Sold0$0No quoteNo quote
173PFGPrincipal Financial Group, Inc. Common-Sold0$0No quoteNo quote
172NSRGYNestle SA ADR-Sold0$0No quoteNo quote
171HSTHost Hotels & Resorts Inc. Common-Sold0$0No quoteNo quote
170FPICFPIC Insurance Group, Inc. Common-Sold0$0No quoteNo quote
169FRFHFFairfax Financial Holdings Ltd. Foreign-Sold0$0No quoteNo quote
168EXPDExpeditors Int'l of Washington Inc Common-Sold0$0No quoteNo quote
167ETFCETRADE Financial Corp. Common-Sold0$0No quoteNo quote
166CPRJCitigroup Inc. 8.5% 3/30/2040 PreferredPREF-Sold0$0No quoteNo quote
165AVBAvalonbay Communities, Inc. Common-Sold0$0No quoteNo quote
164AMBPRMAMB Property 6.75% PreferredPREF-Sold0$0No quoteNo quote
163ATIAllegheny Technologies, Inc. Common-Sold0$0No quoteNo quote
162ADFTAdfitech Inc. Common-Sold0$0No quoteNo quote

Other instruments

Bonds, warrants, or non-share principal positions reported alongside the equity portfolio.

1-Level 3 Com, 15% 1/15/2013 BondBondOTHER40,000,000$45.3M
2-School Specialty, Inc., Notes BondBondOTHER21,101,000$21M
3-Tyson Foods Inc 3.25 10/15/13 BondBondOTHER14,000,000$16.35M
4-Allegheny Tech. 4.25 6/1/14 BondBondOTHER9,055,000$11.65M
5-Transocean Inc. Series C BondBondOTHER13,000,000$10.76M
6INTCIntel Corp 2.95 12/15/2035 BondBondOTHER9,500,000$9.03M
7-School Specialty SCHS 3.75 BondBondOTHER8,500,000$8.09M
8-Valeant Pharm 4.00 11/15/13 BondBondOTHER3,900,000$6.53M
9-US Steel Corp. 4% 05/15/14 BondBondOTHER4,500,000$6.29M
10-United Rental NA 1 7/8 10/23-10 BondBondOTHER3,720,000$3.68M
11WFCWSWells Fargo & Co. WarrantsWarrantsOTHER385,700$2.98M
12-Nabors 0.94 Cpn BondBondOTHER2,500,000$2.45M
13-Janus Capital GR JNS 3.25 BondBondOTHER250,000$251K
19-Waste Connections 3.75 4/1/26 BondBondOTHER0$0
18-Reckson Operating 06/15/25 BondBondOTHER0$0
17-Kohls Corp Bond BondBondOTHER0$0
16-Intel Corp 3.25 8/1/39 144a BondBondOTHER0$0
15-Forest City Ent FCE 5 BondBondOTHER0$0
14-Adfitech Inc. 8% 03/15/2020 BondBondOTHER0$0