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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 98 of 187 rows. Rows without a quote are marked unavailable.

1COSTCostco Wholesale Corp. Common5.22%Reduce -6.0%42,024,411$3.03B$72.21No quote
2WFCWells Fargo & Co. Common4.99%Reduce -5.0%93,675,565$2.9B$30.99No quote
3AXPAmerican Express Co. Common4.89%Reduce -3.3%66,218,899$2.84B$42.92No quote
4OXYOccidental Petroleum Corp. Common4.21%Reduce -8.3%24,927,353$2.45B$98.10No quote
5BKBank of New York Mellon Common4.10%Reduce -1.1%78,966,480$2.38B$30.20No quote
6CVSCVS Caremark Corp. Common4.06%Reduce -2.9%67,904,247$2.36B$34.77No quote
7CNQCanadian Natural Resources Foreign3.53%Reduce -2.5%46,183,822$2.05B$44.42No quote
8DVNDevon Energy Corp. Common3.51%Reduce -8.0%26,015,719$2.04B$78.51No quote
9LLoews Corp. Common3.47%Reduce -1.9%51,904,575$2.02B$38.91No quote
10EOGEOG Resources, Inc. Common3.46%Reduce -5.9%22,013,052$2.01B$91.41No quote
11MRKMerck & Co., Inc. Common3.39%Add +9.2%54,706,448$1.97B$36.04No quote
12JNJJohnson & Johnson Common2.72%Reduce -3.7%25,526,023$1.58B$61.85No quote
13PGRProgressive Corp. Common2.58%Reduce -4.6%75,576,903$1.5B$19.87No quote
14TXNTexas Instruments, Inc. Common2.30%Reduce -8.1%41,147,222$1.34B$32.50No quote
15SEESealed Air Corp. Common2.25%Reduce -6.8%51,458,302$1.31B$25.45No quote
16BRK/ABerkshire Hathaway Inc., A CommonCUSIP 0846701082.15%Reduce -34.4%10,368$1.25BNo quoteNo quote
17ESRXExpress Scripts Inc - Class A Common2.10%Reduce -2.1%22,545,504$1.22BNo quoteNo quote
18KOCoca Cola Co. Common2.09%Reduce -5.6%18,479,444$1.22B$65.77No quote
19PFEPfizer Inc. Common2.03%Reduce -3.3%67,385,531$1.18B$17.51No quote
20BBBYQBed Bath + Beyond Inc. Common1.94%Reduce -2.0%22,991,947$1.13BNo quoteNo quote
21IRMIron Mountain Inc. Common1.68%Reduce -3.5%38,944,773$974.01MNo quoteNo quote
22PGProcter & Gamble Co. Common1.64%Reduce -12.0%14,817,464$953.21M$64.33No quote
23HOGHarley-Davidson, Inc. Common1.49%Reduce -2.8%24,912,970$863.73M$34.67No quote
24MONMonsanto Co. Common1.39%Add +57.7%11,575,888$806.15MNo quoteNo quote
25MSFTMicrosoft Corp. Common1.35%Reduce -9.0%28,139,150$785.36M$27.91No quote
26TRHTransatlantic Holdings, Inc. Common1.26%Reduce -2.8%14,159,872$730.93MNo quoteNo quote
27GOOGLGoogle Inc. Class A Common1.23%Reduce -22.5%1,208,863$718.03M$593.97No quote
28AAgilent Technologies, Inc. Common1.22%Reduce -11.7%17,088,842$707.99M$41.43No quote
29PMPhilip Morris International Inc. Common1.18%Reduce -3.2%11,754,366$687.98M$58.53No quote
30AMPAmeriprise Financial, Inc. Common1.11%Reduce -4.2%11,235,109$646.58M$57.55No quote
31BDXBecton, Dickinson and Co. Common1.10%Reduce -7.2%7,583,718$640.98M$84.52No quote
32KMXCarMax, Inc. Common1.04%Reduce -12.9%18,941,830$603.87M$31.88No quote
33HPQHewlett Packard Co. Common1.00%Reduce -8.3%13,817,083$581.7M$42.10No quote
34DNBD & B Corp. Common0.99%Reduce -7.2%7,036,114$577.6MNo quoteNo quote
35MLMMartin Marietta Materials, Inc. Common0.98%Reduce -0.0%6,147,395$567.04M$92.24No quote
36BAXBaxter International Inc. Common0.87%Reduce -2.7%9,986,726$505.53M$50.62No quote
37RIGTransocean Ltd. Common0.81%Reduce -3.1%6,746,984$468.98M$69.51No quote
38LMTLockheed Martin Corp. Common0.71%Add +136.7%5,902,631$412.65M$69.91No quote
39MCOMoody's Corp. Common0.67%Reduce -16.6%14,604,896$387.61M$26.54No quote
40GSGoldman Sachs Group Inc. Common0.64%Reduce -2.3%2,229,246$374.87M$168.16No quote
41TYCTyco International Ltd. Common0.64%Reduce -14.0%9,024,850$373.99MNo quoteNo quote
42TVGrupo Televisa SA ADR0.62%Reduce -6.3%13,980,603$362.52MNo quoteNo quote
43POTPotash Corp Saskatchewan Inc. Foreign0.60%Add +14.3%2,238,611$346.6MNo quoteNo quote
44BAMBrookfield Asset Management Foreign0.59%Add +0.4%10,300,560$342.91M$33.29No quote
45ATVIActivision Blizzard, Inc. Common0.56%Reduce -1.8%26,242,416$326.46MNo quoteNo quote
46BRK/BBerkshire Hathaway Inc., B CommonCUSIP 0846707020.50%Reduce -29.6%3,608,042$289.04MNo quoteNo quote
47DEODiageo PLC - ADR ADR0.46%Reduce -21.8%3,633,987$270.11M$74.33No quote
48UNUnilever NV ADR0.45%Add +20.1%8,370,490$262.83MNo quoteNo quote
49AMXAmerica Movil S.A.B. de C.V. ADR0.41%Reduce -6.0%4,107,545$235.53MNo quoteNo quote
50KFTKraft Foods Inc. Common0.35%New6,473,912$203.99MNo quoteNo quote
51MJNMead Johnson Nutrition Co. Common0.35%Reduce -15.6%3,257,079$202.75MNo quoteNo quote
52PXPraxair, Inc. Common0.33%Add +0.0%2,024,578$193.29MNo quoteNo quote
53QVCALiberty Media Interactive A Common0.31%Add +0.6%11,459,634$180.72MNo quoteNo quote
54NWSANews Corp., Class A Common0.31%Reduce -32.1%12,208,892$177.76M$14.56No quote
55VMCVulcan Materials Corp. Common0.28%Reduce -15.9%3,726,996$165.33M$44.36No quote
56VVisa Inc. Common0.28%Add +0.5%2,287,495$160.99M$70.38No quote
57ACCAmerican Campus Communities Inc. Common0.23%Add +2.1%4,173,130$132.54MNo quoteNo quote
58APDAir Products & Chemicals, Inc. Common0.22%Add +35.9%1,429,494$130.01M$90.95No quote
59SLBSchlumberger Ltd. Common0.22%Add +0.0%1,506,263$125.77M$83.50No quote
60MKLMarkel Corp. Common0.21%Reduce -5.0%324,960$122.88M$378.13No quote
61HSYThe Hershey Co. Common0.19%Reduce -35.7%2,296,476$108.28M$47.15No quote
62AREAlexandria Real Estate Equities Common0.18%Reduce -3.8%1,466,630$107.45M$73.26No quote
63DFTDuPont Fabros Technology Inc. Common0.17%Add +62.4%4,639,168$98.68MNo quoteNo quote
64EPREntertainment Properties Trust Common0.16%Add +10.7%2,064,787$95.5MNo quoteNo quote
65VTRVentas, Inc. Common0.16%Add +5.3%1,752,055$91.95M$52.48No quote
66EGEverest Re Group, Ltd. Common0.15%Reduce -2.9%1,058,760$89.8M$84.82No quote
67JPMJPMorgan Chase & Co. Common0.15%Reduce -5.2%2,003,974$85.01M$42.42No quote
68DLRDigital Realty Trust Inc. Common0.14%Reduce -13.4%1,624,805$83.74M$51.54No quote
69HIWHighwoods Properties Inc. Common0.14%Add +2.4%2,605,622$82.99MNo quoteNo quote
70ESSEssex Property Trust, Inc. Common0.14%Reduce -5.5%722,563$82.53M$114.22No quote
71DCTDCT Industrial Trust Inc. Common0.13%Reduce -7.3%14,289,475$75.88MNo quoteNo quote
72REGRegency Centers Corporation Common0.13%Reduce -0.9%1,778,765$75.14M$42.24No quote
73UDRUDR, Inc. Common0.12%Add +2.0%3,004,754$70.67M$23.52No quote
74OFCCorp Office Prop Trust Common0.11%Reduce -20.6%1,812,968$63.36MNo quoteNo quote
75AOCAon Corp. Common0.10%Reduce -3.7%1,325,785$61MNo quoteNo quote
76LSTZALiberty Media - Starz A Common0.10%Add +0.3%910,940$60.56MNo quoteNo quote
77VNOVornado Realty Trust Common0.10%Reduce -18.8%703,098$58.59M$83.33No quote
78SPGSimon Property Group Inc. Common0.10%Reduce -7.2%584,072$58.11M$99.49No quote
79SVASinovac Biotech Ltd. Foreign0.10%Add +22.8%1,283,570$57.89MNo quoteNo quote
80TCOTaubman Centers, Inc. Common0.10%Reduce -34.3%1,106,906$55.88MNo quoteNo quote
81BACBank of America Corp. Common0.10%-4,186,233$55.84M$13.34No quote
82DEIDouglas Emmett, Inc. Common0.09%Reduce -16.7%3,146,918$52.24M$16.60No quote
83FCEAForest City Enterprises Inc. Common0.09%Reduce -1.4%3,105,665$51.83MNo quoteNo quote
84SCHWCharles Schwab Corp. Common0.09%Reduce -6.9%2,907,570$49.75M$17.11No quote
85AMBAMB Property Corp. Common0.08%Add +542.4%1,462,022$46.36MNo quoteNo quote
86YUMYum! Brands, Inc. Common0.07%Reduce -19.8%883,657$43.34M$49.05No quote
87LPTLiberty Property Trust Common0.07%Add +570.6%1,341,300$42.81MNo quoteNo quote
88SIALSigma-Aldrich Corp. Common0.07%Reduce -19.4%584,123$38.88MNo quoteNo quote
89CBLCBL & Associates Properties Common0.07%Add +13.9%2,164,335$37.88M$17.50No quote
90TSTenaris S.A. - ADR ADR0.06%Reduce -12.1%668,652$32.75MNo quoteNo quote
91IDXXIDEXX Laboratories, Inc. Common0.05%Reduce -19.2%455,838$31.55M$69.22No quote
92FRTFederal Realty Investment Trust Common0.05%Reduce -59.6%380,512$29.65MNo quoteNo quote
93COPConocoPhillips Common0.04%Reduce -0.2%375,201$25.55M$68.10No quote
94BLTBlount International, Inc. Common0.04%Reduce -13.9%1,602,775$25.26MNo quoteNo quote
95LFCChina Life Insurance, Co. ADR0.04%Reduce -2.0%390,313$23.88MNo quoteNo quote
96PCLPlum Creek Timber Company, Inc. Common0.04%Add +135.2%611,600$22.9MNo quoteNo quote
97ALEXAlexander & Baldwin, Inc. Common0.04%Reduce -7.3%553,127$22.14MNo quoteNo quote
98SHWThe Sherwin Williams Co. Common0.04%Add +13.2%259,330$21.72M$83.75No quote
99CORCoresite Realty Corp. Common0.04%New1,582,065$21.58MNo quoteNo quote
100CCICrown Castle Int'l Corp Common0.04%Add +0.2%477,883$20.95M$43.83No quote
101SHAWShaw Group Inc. Common0.04%Reduce -20.1%606,348$20.76MNo quoteNo quote
102KSSKohls Corp. Common0.03%Add +1.4%371,800$20.2MNo quoteNo quote
103SBACSBA Communications Corp. Common0.03%Add +0.2%491,718$20.13M$40.94No quote
104SAPSAP AG ADR0.03%Reduce -18.9%378,508$19.16M$50.61No quote
105YOKUYouku.com Inc. ADR0.03%New540,000$18.91MNo quoteNo quote
106CPRHCitigroup Inc. 7.5% 12/15/12 Pfd0.03%New135,000$18.45MNo quoteNo quote
107AMTAmerican Tower Corp Cl A Common0.03%Reduce -15.9%347,640$17.95M$51.64No quote
108PWRQuanta Services, Inc. Common0.03%Add +4.2%814,690$16.23M$19.92No quote
109EGPEastgroup Properties, Inc. Common0.03%Add +64.3%359,614$15.22M$42.32No quote
110ABBNYABB Limited ADR ADR0.03%Reduce -93.1%661,836$14.86MNo quoteNo quote
111BXPBoston Properties, Inc. Common0.03%Reduce -76.7%171,252$14.75M$86.10No quote
112WFMWhole Foods Market Inc. Common0.02%Reduce -13.5%284,600$14.4MNo quoteNo quote
113AESPRCAES Trust III,6.75%,10/15/29 Pfd0.02%-288,810$14.15MNo quoteNo quote
114CSACogdell Spencer, Inc. Common0.02%Add +15.3%2,363,365$13.71MNo quoteNo quote
115FCXFreeport-McMoRan Copper & Gold Common0.02%Reduce -0.0%110,127$13.23M$120.09No quote
116BKDBrookdale Senior Living, Inc. Common0.02%New603,145$12.91M$21.41No quote
117UHSUniversal Health Services, Inc. Common0.02%-290,000$12.59M$43.42No quote
118HRSHarris Corporation Common0.02%Reduce -23.0%274,854$12.45MNo quoteNo quote
119LHOLaSalle Hotel Properties Common0.02%Reduce -70.1%464,576$12.27MNo quoteNo quote
120NBRNabors Industries Ltd. Common0.02%-522,300$12.25M$23.46No quote
121WCNWaste Connections Inc. Common0.02%Add +50.0%428,700$11.8M$27.53No quote
122ACEAce Limited Common0.02%Reduce -2.3%166,040$10.34MNo quoteNo quote
123AVPAvon Products, Inc. Common0.02%Add +13.9%354,280$10.3MNo quoteNo quote
124IBNICICI Bank Limited ADR0.02%Reduce -0.2%193,960$9.82M$50.64No quote
125BSBRBanco Santander Brasil SA ADR0.02%Reduce -12.8%702,522$9.55MNo quoteNo quote
126ALTRAltera Corp. Common0.02%Reduce -28.2%263,449$9.37MNo quoteNo quote
127TSNTyson Foods Inc. Common0.02%Add +39.6%523,900$9.02M$17.22No quote
128GEGeneral Electric Co. Common0.02%Add +11.0%491,800$9M$18.29No quote
129IRFInternational Rectifier Corp. Common0.01%-292,800$8.69MNo quoteNo quote
130FCSFairchild Semiconductor Intl Common0.01%Add +6.2%546,097$8.53MNo quoteNo quote
131CBGCB Richard Ellis Group, Inc. Common0.01%New381,411$7.81MNo quoteNo quote
132IBMIBM Common0.01%Reduce -18.2%51,261$7.52M$146.76No quote
133SCHSSchool Specialty Inc. Common0.01%Add +11.0%532,127$7.41MNo quoteNo quote
134AESAES Corp. Common0.01%-582,900$7.1M$12.18No quote
135MASMasco Corp. Common0.01%-559,500$7.08M$12.66No quote
136USBUS Bancorp Common0.01%Reduce -0.1%232,596$6.27M$26.97No quote
137TOLToll Brothers, Inc. Common0.01%Reduce -0.2%302,046$5.74M$19.00No quote
138AMZNAmazon.Com, Inc. Common0.01%Reduce -39.5%31,195$5.62M$180.00No quote
139TROWT. Rowe Price Group, Inc. Common0.01%-69,260$4.47M$64.54No quote
140WUWestern Union Company Common0.01%-231,890$4.31M$18.57No quote
141FMDThe First Marblehead Corp. Common0.01%-1,930,844$4.19MNo quoteNo quote
142NTESNetEase.com Inc. ADR0.01%Reduce -84.2%87,158$3.15M$36.15No quote
143VALEPVale SA-Sp Pref ADR0.01%Add +21.8%102,699$3.1MNo quoteNo quote
144CISGCNINSURE Inc. ADR0.00%Add +43.1%122,621$2.12MNo quoteNo quote
145CCitigroup Inc. Common0.00%Reduce -48.8%377,060$1.78M$4.73No quote
146INTCIntel Corp. Common0.00%Reduce -0.2%81,600$1.72M$21.03No quote
147IVEiShares S&P 500 Value Idx Fund ETF0.00%New22,112$1.32M$59.61No quote
148HRBH & R Block, Inc. Common0.00%Reduce -20.1%97,191$1.16M$11.90No quote
149GMPRBGeneral Motors Corp. 4.75% 12/1/13 Pfd0.00%New21,100$1.14MNo quoteNo quote
150SLGSL Green Realty Corp. Common0.00%Reduce -4.0%14,057$949KNo quoteNo quote
151PCARPACCAR Inc Common0.00%-14,510$832K$57.34No quote
152CLColgate-Palmolive Co. Common0.00%Add +24.8%7,005$563K$80.37No quote
153SESpectra Energy Corp. Common0.00%Reduce -9.1%20,450$511K$24.99No quote
154GLAClark Holdings, Inc. Common0.00%-1,493,715$403KNo quoteNo quote
155TDToronto Dominion Bank Foreign0.00%Reduce -5.7%3,395$252K$74.23No quote
156CXCemex SA ADR0.00%-23,400$251K$10.73No quote
157RSGRepublic Services, Inc. Common0.00%New8,000$239KNo quoteNo quote
158CFNCarefusion Corp. Common0.00%Reduce -81.7%8,624$221KNo quoteNo quote
159ORCLOracle Corporation Common0.00%New6,730$211K$31.35No quote
162WYNNWynn Resorts, Ltd. Common0.00%Reduce -20.0%1,980$206K$104.04No quote
161FFord Motor Company Common0.00%New12,240$206K$16.83No quote
160ADPAutomatic Data Processing Common0.00%New4,450$206K$46.29No quote
173WRBW.R. Berkley Corp. Common-Sold0$0No quoteNo quote
172RYAAYRyanair Holdings PLC ADR-Sold0$0No quoteNo quote
171RNRRenaissanceRe Holdings Ltd Common-Sold0$0No quoteNo quote
170LHLaboratory Corp of America Common-Sold0$0No quoteNo quote
169JCIJohnson Controls, Inc. Common-Sold0$0No quoteNo quote
168EQRPREEquity Residential - Series E PreferredPREF-Sold0$0No quoteNo quote
167EQREquity Residential - COM Common-Sold0$0No quoteNo quote
166DISDisney Walt Holdings Common-Sold0$0No quoteNo quote
165CMECME Group Inc. Common-Sold0$0No quoteNo quote
164-Citigroup Inc. 7.5% 12/15/12CUSIP PREFERRED-Sold0$0No quoteNo quote
163CSCOCisco Systems, Inc. Common-Sold0$0No quoteNo quote

Other instruments

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

1-Level 3 Communications,15% 1/15/2013 BondBondOTHER40,000,000$45M
2-Tyson Foods Inc 3.25 10/15/13 BondBondOTHER14,000,000$17.17M
3-US Steel Corp. Conv. 4% 05/15/14 BondBondOTHER8,350,000$16.2M
4-Allegheny Tech. 4.25 6/1/14 BondBondOTHER9,055,000$13.66M
5-Transocean Inc. Series C BondBondOTHER13,000,000$12.58M
6-School Specialty SCHS 3.75 BondBondOTHER11,500,000$11.21M
7INTCIntel Corp 2.95 12/15/2035 BondBondOTHER9,500,000$9.46M
8-Valeant Pharm. 4.00 11/15/13 BondBondOTHER3,900,000$8.74M
9-United Rental 4% CV BondBondOTHER2,700,000$5.93M
10WFCWSWells Fargo & Co. Warrants WarrantWarrantOTHER385,700$4.27M
11-Eastman Kodak 04/01/17, Conv. BondBondOTHER4,000,000$4.18M
12-Nabors 0.94 Cpn Conv. BondBondOTHER2,500,000$2.48M
13-Janus Capital GR JNS3.25 BondBondOTHER250,000$296K
14-United Rental NA 1 7/8 10/23/10 BondBondOTHER0$0