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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 129 of 220 rows. Rows without a quote are marked unavailable.

1-Citigroup Inc. 7.5% 12/15/12CUSIP PREFERRED80.10%Reduce -17.4%12,004$172.97BNo quoteNo quote
2AXPAmerican Express Co. Common1.36%Reduce -8.4%50,286,248$2.93B$58.21No quote
3CVSCVS Caremark Corp. Common1.34%Reduce -7.4%61,954,182$2.9B$46.73No quote
4WFCWells Fargo & Co. Common1.32%Reduce -9.5%84,927,707$2.84B$33.44No quote
5BKBank of New York Mellon Common1.12%Reduce -0.7%110,416,370$2.42B$21.95No quote
6COSTCostco Wholesale Corp. Common0.90%Reduce -18.1%20,507,171$1.95B$95.00No quote
7GOOGLGoogle Inc. Class A Common0.76%Add +8.8%2,816,233$1.63B$580.07No quote
8LLoews Corp. Common0.68%Reduce -7.6%35,895,967$1.47B$40.91No quote
9BBBYQBed Bath + Beyond Inc. Common0.68%Reduce -0.4%23,613,970$1.46BNo quoteNo quote
10BRK/ABerkshire Hathaway Inc., A CommonCUSIP 0846701080.64%Add +13.5%11,138$1.39BNo quoteNo quote
11OXYOccidental Petroleum Corp. Common0.61%Reduce -6.8%15,238,618$1.31B$85.77No quote
12ESRXExpress Scripts Inc - Class A Common0.58%Reduce -0.6%22,559,433$1.26BNo quoteNo quote
13PGRProgressive Corp. Common0.56%Reduce -4.8%58,015,440$1.21B$20.83No quote
14DISDisney Walt Holdings Common0.54%Add +17.3%23,910,720$1.16B$48.50No quote
15CNQCanadian Natural Resources Foreign0.53%Add +0.1%42,738,611$1.15B$26.85No quote
16MONMonsanto Co. Common0.44%Add +0.4%11,393,821$943.18MNo quoteNo quote
17YAlleghany Corp. Common0.38%Reduce -2.7%2,384,048$809.98MNo quoteNo quote
18IRMIron Mountain Inc. Common0.34%Reduce -17.6%22,201,863$731.77MNo quoteNo quote
19TXNTexas Instruments, Inc. Common0.33%Reduce -1.1%25,085,261$719.7M$28.69No quote
20KOCoca Cola Co. Common0.33%Reduce -26.5%9,025,082$705.67M$78.19No quote
21APDAir Products & Chemicals, Inc. Common0.28%Add +104.8%7,485,887$604.34M$80.73No quote
22EOGEOG Resources, Inc. Common0.28%Reduce -48.2%6,631,572$597.57M$90.11No quote
23DVNDevon Energy Corp. Common0.27%Reduce -0.8%9,951,837$577.11M$57.99No quote
24MSFTMicrosoft Corp. Common0.24%Reduce -21.8%17,176,375$525.43M$30.59No quote
25ORCLOracle Corporation Common0.19%Add +39.8%13,860,893$411.67M$29.70No quote
26PMPhilip Morris Intl Inc Common0.18%Reduce -2.4%4,525,955$394.93M$87.26No quote
27POTPotash Corp Saskatchewan, Inc. Foreign0.17%Reduce -4.2%8,341,159$364.43MNo quoteNo quote
28BAMBrookfield Asset Management Foreign0.16%Reduce -0.8%10,617,661$351.45M$33.10No quote
29ACEAce Limited Common0.16%Reduce -0.1%4,688,827$347.58MNo quoteNo quote
30HOGHarley-Davidson, Inc. Common0.14%Reduce -12.5%6,641,259$303.71M$45.73No quote
31DEODiageo PLC ADR0.14%Reduce -3.3%2,908,966$299.83M$103.07No quote
32BRK/BBerkshire Hathaway Inc., B CommonCUSIP 0846707020.14%Add +4.6%3,587,338$298.93MNo quoteNo quote
33NFLXNetflix Inc. Common0.13%Add +85.5%4,240,028$290.38M$68.48No quote
34PCARPACCAR Inc Common0.13%Add +37.9%7,241,758$283.81M$39.19No quote
35PXPraxair, Inc. Common0.13%Add +0.1%2,564,522$278.84MNo quoteNo quote
36VVisa Inc. Common0.13%Reduce -0.6%2,241,180$277.08M$123.63No quote
37JPMJPMorgan Chase & Co. Common0.13%Add +141.2%7,718,575$275.78M$35.73No quote
38SLBSchlumberger Ltd. Common0.13%Add +35.6%4,205,243$272.96M$64.91No quote
39ECLEcolab Inc. Common0.13%Reduce -0.7%3,948,398$270.58M$68.53No quote
40KMXCarMax, Inc. Common0.12%Reduce -0.2%9,988,502$259.1M$25.94No quote
41RIGTransocean Ltd. Common0.12%Reduce -10.5%5,757,524$257.53M$44.73No quote
42ATVIActivision Blizzard, Inc. Common0.12%Reduce -0.4%21,247,174$254.75MNo quoteNo quote
43SCHWCharles Schwab Corp. Common0.11%Reduce -0.2%19,158,379$247.72M$12.93No quote
44HPQHewlett Packard Co. Common0.11%Reduce -2.4%11,391,759$229.09M$20.11No quote
45AAgilent Technologies, Inc. Common0.10%Reduce -6.2%5,738,892$225.19M$39.24No quote
46EGEverest Re Group, Ltd. Common0.10%Add +0.1%2,107,334$218.09M$103.49No quote
47AMPAmeriprise Financial, Inc. Common0.10%Reduce -16.0%4,070,815$212.74M$52.26No quote
48MRKMerck & Co., Inc. Common0.10%Reduce -77.5%5,052,106$210.93M$41.75No quote
49QVCALiberty Media Interactive - A Common0.10%Reduce -0.7%11,536,518$205.06MNo quoteNo quote
50GSGoldman Sachs Group Inc. Common0.09%Reduce -0.2%2,129,718$204.16M$95.86No quote
51JNJJohnson & Johnson Common0.09%Reduce -73.5%2,765,454$186.83M$67.56No quote
52LMTLockheed Martin Corp. Common0.08%Reduce -57.4%2,062,992$179.65M$87.08No quote
53INTCIntel Corp. Common0.08%Reduce -1.2%6,717,510$179.02M$26.65No quote
54EMREmerson Electric Co. Common0.08%Add +1105.5%3,608,030$168.06M$46.58No quote
55AMXAmerica Movil S.A.B. de C.V. ADR0.08%Add +0.3%6,326,787$164.88MNo quoteNo quote
56SEESealed Air Corp. Common0.07%Reduce -15.5%10,267,901$158.54M$15.44No quote
57EXPEExpedia Inc. Common0.07%Reduce -29.1%3,111,120$149.55M$48.07No quote
58SYYSysco Corp Common0.07%Reduce -1.2%4,891,707$145.82M$29.81No quote
59MKLMarkel Corp. Common0.06%Reduce -1.1%311,900$137.77M$441.70No quote
60OAKOaktree Cap Group LLC Common0.06%New3,816,086$133.22MNo quoteNo quote
61GRPNGroupon Inc. Common0.06%Add +178.5%11,247,215$119.56MNo quoteNo quote
62WAGWalgreen Co. Common0.05%Reduce -0.7%3,671,938$108.62MNo quoteNo quote
63UNUnilever NV ADR0.05%Reduce -13.7%3,198,194$106.66MNo quoteNo quote
64SPGSimon Property Group Inc. Common0.05%Add +2.0%683,258$106.36M$155.66No quote
65MLMMartin Marietta Materials, Inc Common0.05%Reduce -43.6%1,340,586$105.67M$78.82No quote
66CMECME Group Inc. Common0.04%Reduce -1.0%319,063$85.54M$268.11No quote
67TIFTiffany & Co. Common0.04%Add +0.7%1,524,349$80.72MNo quoteNo quote
68AREAlexandria Real Estate Equities Common0.04%Add +4.1%1,106,127$80.44M$72.72No quote
69PFEPfizer Inc. Common0.04%Reduce -15.2%3,283,157$75.51M$23.00No quote
70TVGrupo Televisa SA ADR0.03%Reduce -22.1%3,408,508$73.22MNo quoteNo quote
71DLRDigital Realty Trust Inc. Common0.03%Add +1.4%969,918$72.81M$75.07No quote
72DCTDCT Industrial Trust Inc. Common0.03%Reduce -4.0%10,422,363$65.66MNo quoteNo quote
73AONAon Plc. Common0.03%Reduce -6.8%1,264,575$59.16M$46.78No quote
74ACCAmerican Campus Comm. Inc. Common0.03%Reduce -9.2%1,262,427$56.78MNo quoteNo quote
75VTRVentas, Inc. Common0.03%Reduce -17.3%877,711$55.4M$63.12No quote
76BAXBaxter International Inc. Common0.02%Reduce -73.8%1,001,431$53.23M$53.15No quote
77ESSEssex Property Trust, Inc. Common0.02%Add +2.2%333,619$51.35M$153.92No quote
78VNOVornado Realty Trust Common0.02%Add +42.0%588,089$49.39M$83.98No quote
79MACMacerich Company Common0.02%Reduce -29.7%803,003$47.42M$59.05No quote
80OFCCorporate Office Prop. Trust Common0.02%Add +5.4%1,882,631$44.26MNo quoteNo quote
81EGPEastgroup Properties, Inc. Common0.02%Add +1.5%809,494$43.15M$53.30No quote
82KIMKimco Realty Corp. Common0.02%Add +0.4%2,196,260$41.8MNo quoteNo quote
83CBLCBL & Associates Properties Common0.02%Reduce -15.9%1,995,045$38.98M$19.54No quote
84BACBank of America Corp. Common0.02%Add +5.0%4,663,401$38.15M$8.18No quote
85LPTLiberty Property Trust Common0.02%Add +2.6%935,170$34.45MNo quoteNo quote
86BDNBrandywine Realty Trust Common0.02%Reduce -29.3%2,662,667$32.86MNo quoteNo quote
87EQREquity Residential Common0.01%Add +53.3%519,606$32.4M$62.36No quote
88RYNRayonier, Inc Common0.01%Add +1.9%713,325$32.03M$44.90No quote
89REGRegency Centers Corporation Common0.01%Add +7.0%670,537$31.9M$47.57No quote
90EPREntertainment Prop. Trust Common0.01%Reduce -39.7%770,921$31.69MNo quoteNo quote
91HIWHighwoods Properties Inc. Common0.01%Add +7.1%933,936$31.43MNo quoteNo quote
92WYWeyerhaeuser Co. Common0.01%New1,311,948$29.34M$22.36No quote
93DFTDuPont Fabros Technology Inc. Common0.01%Reduce -1.1%1,011,416$28.89MNo quoteNo quote
94NLSNNielsen Holdings B.V. Common0.01%Add +1.4%1,096,278$28.74MNo quoteNo quote
95PPSPost Properties, Inc. Common0.01%Add +6.7%549,734$26.91MNo quoteNo quote
96BMRBiomed Realty Trust, Inc. Common0.01%Add +1.8%1,399,611$26.15MNo quoteNo quote
97SIALSigma-Aldrich Corp. Common0.01%Reduce -7.0%344,537$25.47MNo quoteNo quote
98YOKUYouku.com Inc. ADR0.01%Reduce -2.3%1,069,616$23.19MNo quoteNo quote
99FCEAForest City Ent Inc. - A Common0.01%Add +45.6%1,534,636$22.41MNo quoteNo quote
100EXPDExpeditors Int'l of Washington Common0.01%New571,862$22.16M$38.75No quote
101USBUS Bancorp Common0.01%Reduce -3.5%657,267$21.14M$32.16No quote
102IDXXIDEXX Laboratories, Inc. Common0.01%Reduce -2.6%219,573$21.11M$96.13No quote
103XOMExxon Mobil Corp. Common0.01%Reduce -5.2%245,719$21.03M$85.57No quote
104NWSANews Corp., Class A Common0.01%Reduce -7.6%929,021$20.71M$22.29No quote
105BXPBoston Properties, Inc. Common0.01%Add +4.3%188,529$20.43M$108.37No quote
106ANGIAngie's List Inc. Common0.01%New1,237,032$19.6M$15.84No quote
107PCLPlum Creek Timber Comp., Inc Common0.01%Reduce -52.2%488,100$19.38MNo quoteNo quote
108AVBAvalonbay Communities, Inc. Common0.01%Reduce -11.1%134,892$19.09M$141.48No quote
109WMTWal-Mart Stores, Inc. Common0.01%Reduce -5.7%248,547$17.33M$69.72No quote
110PSAPublic Storage, Inc Common0.01%Add +1.2%118,442$17.1M$144.41No quote
111KSSKohls Corp. Common0.01%Add +1.3%363,500$16.54MNo quoteNo quote
112IBMIBM Common0.01%Reduce -5.8%81,986$16.04M$195.58No quote
113HSTHost Hotels & Resorts Inc. Common0.01%Add +30.6%1,008,514$15.96MNo quoteNo quote
114MDTMedtronic, Inc. Common0.01%Reduce -3.3%411,193$15.93M$38.73No quote
115AMTAmerican Tower Corp. Common0.01%Reduce -46.1%226,488$15.83M$69.91No quote
116PWRQuanta Services, Inc. Common0.01%Reduce -12.0%652,050$15.7M$24.07No quote
117CORCoresite Realty Corp. Common0.01%Reduce -1.0%586,556$15.15MNo quoteNo quote
118TSTenaris S.A. - ADR ADR0.01%Add +12.2%403,718$14.12MNo quoteNo quote
119LLYEli Lilly and Co. Common0.01%Reduce -3.1%325,829$13.98M$42.91No quote
120PGProcter & Gamble Co. Common0.01%Reduce -1.1%225,359$13.8M$61.25No quote
121LXPLexington Realty Trust Common0.01%Reduce -38.0%1,568,700$13.29MNo quoteNo quote
122DEDeere & Co Common0.01%Reduce -4.7%163,567$13.23M$80.87No quote
123DDRDDR Corporation Common0.01%Add +1.3%871,363$12.76MNo quoteNo quote
124UHSUniversal Health Services, Inc Common0.01%Add +0.1%284,300$12.27M$43.16No quote
125EDREducation Realty Trust, Inc. Common0.01%Reduce -15.7%1,100,554$12.19MNo quoteNo quote
126SLGSL Green Realty Corp. Common0.01%Add +2.4%146,317$11.74MNo quoteNo quote
127MMM3M company Common0.01%Reduce -17.2%129,306$11.59M$89.60No quote
128FRTFederal Realty Invmt Trust Common0.01%Add +52.6%103,980$10.82MNo quoteNo quote
129VRXValeant Pharmaceutical Int'l Common0.00%Reduce -1.9%234,874$10.52MNo quoteNo quote
130NBRNabors Industries Ltd. Common0.00%Add +6.9%726,660$10.46M$14.40No quote
131FDXFedEx Corp. Common0.00%Reduce -5.9%112,740$10.33M$91.61No quote
132KKellogg Co Common0.00%Reduce -3.0%207,810$10.25MNo quoteNo quote
133GEGeneral Electric Co. Common0.00%Add +0.1%489,710$10.21M$20.84No quote
134WCNWaste Connections Inc. Common0.00%Reduce -2.5%336,670$10.07M$29.92No quote
135WFMWhole Foods Market Inc. Common0.00%Reduce -21.9%105,250$10.03MNo quoteNo quote
136ADPAutomatic Data Processing Common0.00%Reduce -5.4%152,063$8.46M$55.66No quote
137CBChubb Corp. Common0.00%Reduce -6.0%113,288$8.25M$72.82No quote
138NTESNetEase.com Inc. ADR0.00%Reduce -5.3%139,200$8.19M$58.85No quote
139IBNICICI Bank Limited ADR0.00%-251,565$8.15M$32.41No quote
140AESPRCAES Trust III,6.75%,10/15/29 PreferredPREF0.00%-163,758$8.07MNo quoteNo quote
141SAPSAP AG ADR0.00%Reduce -6.8%134,211$7.97M$59.36No quote
142TDToronto Dominion Bank Foreign0.00%Add +23.4%100,605$7.87M$78.23No quote
143MASMasco Corp. Common0.00%Add +0.1%548,430$7.61M$13.87No quote
144AESAES Corp. Common0.00%Add +0.1%571,340$7.33M$12.83No quote
145FCSFairchild Semiconductor Intl Common0.00%Add +0.1%499,047$7.04MNo quoteNo quote
146FCXFreeport-McMoRan Copper & Gold Common0.00%Add +0.1%202,444$6.9M$34.07No quote
147TCOTaubman Centers, Inc. Common0.00%New89,127$6.88MNo quoteNo quote
148IRFInternational Rectifier Corp. Common0.00%Add +5.3%318,140$6.36MNo quoteNo quote
149SVASinovac Biotech Ltd. Foreign0.00%Reduce -3.5%2,595,324$5.48MNo quoteNo quote
150WUWestern Union Company Common0.00%Add +17.1%315,072$5.31M$16.84No quote
151MCPMolycorp, Inc. Common0.00%Add +52.4%244,430$5.27MNo quoteNo quote
152CTRPCtrip.com International, Ltd. ADR0.00%New297,830$4.99MNo quoteNo quote
153AMZNAmazon.Com, Inc. Common0.00%-20,335$4.64M$228.33No quote
154PLDPrologis, Inc. Common0.00%Reduce -87.3%115,438$3.84M$33.23No quote
155NBLNoble Energy, Inc. Common0.00%Add +69.7%41,595$3.53MNo quoteNo quote
156PCHPotlatch Corp. Common0.00%New107,257$3.43MNo quoteNo quote
157XUS Steel Corp. Common0.00%Add +36.3%156,140$3.22MNo quoteNo quote
158ATIAllegheny Technologies, Inc. Common0.00%Add +52.5%99,550$3.18M$31.89No quote
159TAT&T Inc. Common0.00%Reduce -1.7%86,850$3.1M$35.66No quote
160VIPSVipshop Holdings Ltd. ADR0.00%New505,570$3.08M$6.10No quote
161HMEHome Properties Inc. Common0.00%New45,786$2.81MNo quoteNo quote
162DDDu Pont E I de Nemours & Co. Common0.00%Reduce -1.9%49,505$2.5M$50.56No quote
163FMDThe First Marblehead Corp. Common0.00%-1,910,194$2.24MNo quoteNo quote
164NOKNokia Oyj Corp. ADR0.00%Add +243.0%1,055,972$2.19M$2.07No quote
165TECHTechne Corp. Common0.00%Reduce -7.9%28,971$2.15M$74.21No quote
166COPConocoPhillips Common0.00%Add +0.0%37,445$2.09M$55.87No quote
167TSNTyson Foods Inc. Common0.00%Reduce -9.3%106,030$2M$18.83No quote
168SCHSSchool Specialty Inc. Common0.00%-594,117$1.94MNo quoteNo quote
169ELEstee Lauder Companies, A Common0.00%Reduce -1.7%35,605$1.93M$54.12No quote
170NVSNovartis Ag ADR0.00%Reduce -0.8%33,140$1.85M$55.91No quote
171ABBNYABB Limited ADR ADR0.00%Reduce -78.7%107,080$1.75MNo quoteNo quote
172CISGCNinsure Inc. ADR0.00%Add +4.4%241,144$1.65MNo quoteNo quote
173CMICummins Inc. Common0.00%New16,565$1.61M$96.89No quote
174BABoeing Co. Common0.00%Reduce -2.1%20,800$1.55M$74.28No quote
175JWNNordstrom, Inc. Common0.00%-30,000$1.49MNo quoteNo quote
176PXPPlains Exploration & Product Common0.00%New40,400$1.42MNo quoteNo quote
177HDHome Depot Inc Common0.00%Reduce -1.5%26,650$1.41M$52.98No quote
178AMATApplied Materials, Inc. Common0.00%Reduce -1.6%93,900$1.08M$11.45No quote
179AGGiShares Lehman Agg. Bond Fund ETF0.00%Reduce -9.7%9,350$1.04MNo quoteNo quote
180WPOWashington Post Co., B Common0.00%Reduce -1.5%2,612$976KNo quoteNo quote
181CCitigroup Inc. Common0.00%Reduce -0.3%35,186$964K$27.40No quote
182ADSKAutodesk, Inc. Common0.00%-25,000$875K$35.00No quote
183TJXThe TJX Companies, Inc. Common0.00%Reduce -16.1%19,120$821K$42.94No quote
184AAPLApple Inc. Common0.00%Reduce -13.7%1,083$632K$583.56No quote
185PSXPhillips 66 Common0.00%New18,718$622K$33.23No quote
186CLColgate-Palmolive Co. Common0.00%Add +0.1%5,557$578K$104.01No quote
188SHWThe Sherwin Williams Co. Common0.00%Reduce -97.8%3,155$418K$132.49No quote
187BDXBecton, Dickinson and Co. Common0.00%Reduce -99.7%5,586$418K$74.83No quote
189MAMastercard, Inc. Common0.00%Add +10.9%915$394K$430.60No quote
190MJNMead Johnson Nutrition Co. Common0.00%Reduce -11.5%4,750$382KNo quoteNo quote
191SPYSPDR S+P 500 ETF Trust ETF0.00%New2,700$367K$135.93No quote
192DDominion Resources, Inc. Common0.00%Reduce -8.6%6,370$344K$54.00No quote
193RSGRepublic Services, Inc. Common0.00%Add +28.7%12,420$329KNo quoteNo quote
194SESpectra Energy Corp. Common0.00%Reduce -18.3%11,150$324K$29.06No quote
195APAApache Corp Common0.00%Reduce -2.9%2,865$252K$87.96No quote
196CXCemex SA ADR0.00%-36,728$247K$6.73No quote
197PNCPNC Financial Services Group Common0.00%-3,655$223K$61.01No quote
198CFNCarefusion Corp. Common0.00%-8,615$221KNo quoteNo quote
199WYNNWynn Resorts, Ltd. Common0.00%Add +12.3%2,100$218K$103.81No quote
200SIEGYSiemens AG ADR0.00%Reduce -2.1%2,473$208KNo quoteNo quote
201MDWMidway Gold Corp. Common0.00%-25,000$35KNo quoteNo quote
212VALEPVale SA-Sp Pref ADR-Sold0$0No quoteNo quote
211TRIPTripAdvisor Inc. Common-Sold0$0No quoteNo quote
210SHOSunstone Hotel Investors, Inc. Common-Sold0$0No quoteNo quote
209RPXCRPX Corp. Common-Sold0$0No quoteNo quote
208PNRPentair, Inc. Common-Sold0$0No quoteNo quote
207KFTKraft Foods Inc. Common-Sold0$0No quoteNo quote
206CUBECubeSmart Common-Sold0$0No quoteNo quote
205CBECooper Industries, Ltd. Common-Sold0$0No quoteNo quote
204BPBP Plc ADR-Sold0$0No quoteNo quote
203BLTBlount International, Inc. Common-Sold0$0No quoteNo quote
202BSBRBanco Santander Brasil SA ADR-Sold0$0No quoteNo quote

Other instruments

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

1-Tyson Foods Inc 3.25% 10/15/13 BondBondOTHER14,665,000$17.78M
2-Allegheny Tech. 4.25% 6/1/14 BondBondOTHER9,815,000$11.35M
3-US Steel Corp. 4% 05/15/14 BondBondOTHER11,150,000$11.29M
4-School Specialty Conv. Bond 3.75 BondBondOTHER11,243,000$8.42M
5-United Rental 4% CV BondBondOTHER2,172,000$6.77M
6WFCWSWells Fargo & Co. Warrants WarrantWarrantOTHER518,120$4.57M
7-Transocean Inc. Series C BondBondOTHER4,200,000$4.18M
8-Forest City Ent FCE 5 BondBondOTHER1,120,000$1.44M