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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 113 of 218 rows. Rows without a quote are marked unavailable.

1AXPAmerican Express Co.7.29%Reduce -1.8%37,113,556$2.8B$75.52No quote
2BKBank of New York Mellon Corp.6.79%Reduce -0.8%86,506,461$2.61B$30.19No quote
3WFCWells Fargo & Co.6.33%Reduce -2.4%58,932,056$2.44B$41.32No quote
4GOOGLGoogle Inc. Class A6.08%Reduce -0.5%2,666,808$2.34B$875.91No quote
5CVSCVS Caremark Corp.5.38%Reduce -6.3%36,448,058$2.07B$56.75No quote
6BRK/ABerkshire Hathaway Inc., Class ACUSIP 0846701085.04%Reduce -0.3%11,367$1.94BNo quoteNo quote
7BBBYQBed Bath & Beyond Inc.4.13%Reduce -2.0%20,508,518$1.59BNo quoteNo quote
8COSTCostco Wholesale Corp.3.85%Reduce -0.8%12,843,097$1.48B$115.17No quote
9CNQCanadian Natural Resources Ltd.2.93%Reduce -2.2%35,774,554$1.12B$31.44No quote
10UNHUnitedHealth Group Inc.2.77%Add +0.9%14,880,244$1.07B$71.61No quote
11PGRProgressive Corp.2.37%Reduce -6.8%33,443,093$910.66M$27.23No quote
12LLoews Corp.2.29%Reduce -10.1%18,841,820$880.67M$46.74No quote
13ESRXExpress Scripts Holding Co.2.18%Reduce -6.2%13,562,844$838.18MNo quoteNo quote
14LHLaboratory Corporation of America Hldg2.04%Add +34.2%7,894,873$782.7M$99.14No quote
15APDAir Products & Chemicals, Inc.1.99%Reduce -0.5%7,188,588$766.09M$106.57No quote
16YAlleghany Corp.1.92%Reduce -6.6%1,797,619$736.4MNo quoteNo quote
17EOGEOG Resources, Inc.1.83%Reduce -0.5%4,158,755$703.99M$169.28No quote
18LBTYKLiberty Global Plc - Series C1.64%Add +43.2%8,347,370$629.64M$75.43No quote
19TXNTexas Instruments, Inc.1.58%Reduce -0.2%15,120,761$609.22M$40.29No quote
20PCARPACCAR Inc.1.37%Reduce -0.5%9,481,504$527.74M$55.66No quote
21ECLEcolab Inc.1.33%Add +2.9%5,164,161$510.01M$98.76No quote
22KOCoca Cola Co.1.32%Reduce -5.4%13,373,283$506.58M$37.88No quote
23OXYOccidental Petroleum Corp.1.28%Reduce -27.2%5,263,276$492.33M$93.54No quote
24KMXCarMax, Inc.1.23%Add +3.4%9,760,973$473.11M$48.47No quote
25VVisa Inc. Class A Shares1.14%Add +0.1%2,296,920$438.94M$191.10No quote
26DISDisney Walt Holdings1.06%Reduce -51.2%6,309,985$406.93M$64.49No quote
27SCHWCharles Schwab Corp.1.05%Reduce -0.1%19,080,202$403.36M$21.14No quote
28BAMBrookfield Asset Management Inc. - CL1.03%Add +9.6%10,606,535$396.68M$37.40No quote
29PCLNPriceline.com Inc1.02%New388,271$392.52MNo quoteNo quote
30MSFTMicrosoft Corp.1.00%Reduce -1.5%11,538,873$384.01M$33.28No quote
31JPMJPMorgan Chase & Co.0.95%Reduce -7.0%7,071,404$365.52M$51.69No quote
32ATVIActivision Blizzard, Inc.0.92%Add +12.2%21,312,361$355.49MNo quoteNo quote
33ORCLOracle Corporation0.91%Reduce -19.0%10,514,039$348.75M$33.17No quote
34ACEAce Limited0.89%Add +3.3%3,658,128$342.25MNo quoteNo quote
35PMPhilip Morris International Inc.0.85%Reduce -1.2%3,788,142$328.02M$86.59No quote
36MONMonsanto Co.0.83%Reduce -51.4%3,068,430$320.25MNo quoteNo quote
37BRK/BBerkshire Hathaway Inc., Class BCUSIP 0846707020.74%Reduce -3.5%2,502,346$284.04MNo quoteNo quote
38AMPAmeriprise Financial, Inc.0.74%Reduce -0.1%3,115,589$283.77M$91.08No quote
39PXPraxair, Inc.0.71%Add +0.2%2,277,346$273.76MNo quoteNo quote
40SLBSchlumberger Ltd.0.70%Reduce -16.1%3,067,261$271.02M$88.36No quote
41IRMIron Mountain Inc.0.68%Reduce -0.7%9,686,317$261.72MNo quoteNo quote
42QVCALiberty Interactive Corp. Series A0.65%Add +0.2%10,596,842$248.71MNo quoteNo quote
43DEODiageo PLC - ADR0.57%Reduce -8.5%1,738,313$220.91M$127.08No quote
44HOGHarley-Davidson, Inc.0.54%Reduce -1.1%3,261,460$209.52M$64.24No quote
45AAgilent Technologies, Inc.0.48%Reduce -1.5%3,625,285$185.8M$51.25No quote
46EGEverest Re Group, Ltd.0.48%Reduce -31.9%1,276,079$185.56M$145.41No quote
47MKLMarkel Corp.0.44%Add +3.5%325,293$168.43M$517.77No quote
48NFLXNetflix Inc.0.41%Reduce -0.6%512,826$158.57M$309.21No quote
49GSGoldman Sachs Group Inc.0.36%Reduce -37.1%881,179$139.41M$158.21No quote
50HPQHewlett Packard Co.0.36%Reduce -0.7%6,579,363$138.1M$20.99No quote
51TXTTextron Inc.0.32%New4,459,743$123.13MNo quoteNo quote
52WAIRWesco Aircraft Holdings, Inc0.25%Add +223.5%4,650,008$97.33MNo quoteNo quote
53MLMMartin Marietta Materials, Inc.0.23%Reduce -0.5%892,950$87.66M$98.17No quote
54-Hunter Douglas N.V.CUSIP 5291810NL0.22%Reduce -0.3%1,973,749$84.3MNo quoteNo quote
55TVGrupo Televisa S.A.B.-Spons - ADR0.19%Reduce -13.9%2,552,593$71.35MNo quoteNo quote
56OAKOaktree Cap Group LLC Class A Units0.18%Reduce -7.9%1,341,759$70.24MNo quoteNo quote
57LVNTALiberty Ventures Series A0.16%Reduce -0.0%705,504$62.2MNo quoteNo quote
58SPGSimon Property Group Inc.0.16%Reduce -34.4%412,388$61.13M$148.23No quote
59AIGAmerican International Group Inc.0.15%-1,183,930$57.58M$48.63No quote
60VIPSVipshop Holdings Ltd.-ADS0.14%Reduce -5.4%924,655$52.52M$56.80No quote
61ACCAmerican Campus Communities Inc.0.13%Add +27.2%1,409,052$48.12MNo quoteNo quote
62AVBAvalonbay Communities, Inc.0.12%Reduce -20.4%376,698$47.88M$127.09No quote
63DLRDigital Realty Trust Inc.0.10%Reduce -57.3%732,364$38.89M$53.10No quote
64VNOVornado Realty Trust0.10%Reduce -54.7%447,516$37.62M$84.06No quote
65ESSEssex Property Trust, Inc.0.09%Reduce -39.5%233,899$34.55M$147.70No quote
66ANGIAngie's List Inc.0.09%Reduce -4.3%1,474,961$33.17M$22.49No quote
67BXPBoston Properties, Inc.0.08%Reduce -43.8%274,089$29.3M$106.90No quote
68FCEAForest City Enterprises Inc. - Class A0.08%Reduce -39.3%1,529,974$28.98MNo quoteNo quote
69VTRVentas, Inc.0.07%Add +19.9%459,362$28.25M$61.50No quote
70AREAlexandria Real Estate Equities, Inc.0.07%Reduce -6.1%407,064$25.99M$63.85No quote
71AMTAmerican Tower Corp.0.07%Reduce -52.9%342,323$25.38M$74.13No quote
72OFCCorporate Office Properties Trust0.06%Reduce -10.8%1,069,324$24.7MNo quoteNo quote
73DFTDuPont Fabros Technology Inc.0.06%Reduce -19.1%956,644$24.65MNo quoteNo quote
74YOKUYouku Tudou Inc. - ADR0.06%Reduce -5.8%864,862$23.7MNo quoteNo quote
75LPTLiberty Property Trust0.06%Reduce -15.4%630,751$22.46MNo quoteNo quote
76EDREducation Realty Trust, Inc.0.06%Reduce -39.6%2,450,815$22.3MNo quoteNo quote
77CTRPCtrip.com International, Ltd. ADR0.06%Reduce -10.4%379,960$22.17MNo quoteNo quote
78SIALSigma-Aldrich Corp.0.06%Reduce -9.3%249,264$21.26MNo quoteNo quote
79SINASINA CORP0.05%Reduce -6.0%259,506$21.06MNo quoteNo quote
80GGPGeneral Growth Properties Inc.0.05%Reduce -14.3%1,082,287$20.88MNo quoteNo quote
81FRTFederal Realty Investment Trust0.05%Reduce -23.3%178,918$18.15MNo quoteNo quote
82CBLCBL & Associates Properties, Inc.0.05%Reduce -12.1%940,732$17.97M$19.10No quote
83HSTHost Hotels & Resorts Inc.0.04%Reduce -48.4%965,404$17.06MNo quoteNo quote
84IDXXIDEXX Laboratories, Inc.0.04%Reduce -6.3%168,443$16.79M$99.65No quote
85LHOLaSalle Hotel Properties0.04%Reduce -59.4%572,347$16.32MNo quoteNo quote
86USBUS Bancorp.0.04%Reduce -10.6%442,055$16.17M$36.58No quote
87SKTTanger Factory Outlet Centers, Inc.0.04%New451,832$14.75M$32.65No quote
88JNJJohnson & Johnson0.04%Reduce -21.5%163,492$14.17M$86.69No quote
89PPSPost Properties Inc.0.04%Reduce -67.2%313,639$14.12MNo quoteNo quote
90EGPEastgroup Properties, Inc.0.04%Reduce -46.0%237,549$14.07M$59.21No quote
91BACBank of America Corp.0.04%Reduce -11.7%1,005,006$13.87M$13.80No quote
92KSSKohls Corp.0.04%Reduce -17.6%260,300$13.47MNo quoteNo quote
93EXPDExpeditors Int'l of Washington Inc.0.03%Reduce -11.4%295,398$13.02M$44.06No quote
94ATIAllegheny Technologies, Inc.0.03%Reduce -8.3%422,003$12.88M$30.52No quote
95BMRBiomed Realty Trust Inc.0.03%Add +14.1%675,270$12.55MNo quoteNo quote
96UHSUniversal Health Services, Inc.0.03%Reduce -15.8%167,300$12.55M$74.99No quote
97TCOTaubman Centers, Inc.0.03%Reduce -31.6%185,721$12.5MNo quoteNo quote
98BREBRE Properties, Inc.0.03%Reduce -69.9%245,634$12.47MNo quoteNo quote
99RYNRayonier, Inc.0.03%Reduce -24.3%223,636$12.45M$55.65No quote
100DVNDevon Energy Corp.0.03%Reduce -80.1%210,620$12.17M$57.76No quote
101VRXValeant Pharmaceuticals International,0.03%Reduce -12.8%115,544$12.06MNo quoteNo quote
102WCNWaste Connections Inc.0.03%Reduce -16.0%264,690$12.02M$45.41No quote
103LVSLas Vegas Sands Corp.0.03%Add +191.4%180,447$11.99M$66.42No quote
104WMTWal-Mart Stores, Inc.0.03%Reduce -25.0%161,653$11.96M$73.96No quote
105POTPotash Corp. Saskatchewan Inc.0.03%Reduce -94.1%369,465$11.56MNo quoteNo quote
106TDGTransdigm Group Inc0.03%New82,650$11.46M$138.71No quote
107PWRQuanta Services, Inc.0.03%Reduce -15.4%416,050$11.45M$27.51No quote
108CCitigroup Inc.0.03%Reduce -21.5%233,959$11.35M$48.51No quote
109FOXATwenty-First Century Fox Inc0.03%New321,636$10.78M$33.51No quote
110NBRNabors Industries Ltd.0.03%Reduce -11.2%656,540$10.54M$16.06No quote
111SAPSAP AG - ADR0.03%Add +15.0%142,279$10.52M$73.92No quote
112RIGTransocean Ltd.0.03%Reduce -94.3%234,997$10.46M$44.50No quote
113LOWLowes Cos Inc.0.03%New219,146$10.43M$47.61No quote
114AKRAcadia Realty Trust0.03%Add +54.6%417,326$10.3MNo quoteNo quote
115CLColgate-Palmolive Co.0.03%Add +741.5%172,451$10.23M$59.30No quote
116DCTDCT Industrial Trust Inc.0.03%Add +48.0%1,402,980$10.09MNo quoteNo quote
117UNUnilever NV - NY Shares0.03%Add +614.4%266,693$10.06MNo quoteNo quote
118BPYBrookfield Property Partners LP0.03%Reduce -0.1%509,663$9.88MNo quoteNo quote
119MASMasco Corp.0.03%Reduce -15.6%460,650$9.8M$21.28No quote
120TSNTyson Foods Inc.0.03%New340,000$9.62M$28.28No quote
121MMM3M Company0.02%Reduce -32.5%74,801$8.93M$119.41No quote
122HCPHCP, Inc.0.02%New217,062$8.89MNo quoteNo quote
123GEGeneral Electric Co.0.02%Reduce -15.7%371,920$8.89M$23.89No quote
124FDXFedEx Corp.0.02%Reduce -18.9%77,319$8.82M$114.11No quote
125SVASinovac Biotech Ltd.0.02%Reduce -43.9%1,473,343$8.81MNo quoteNo quote
126WFMWhole Foods Market Inc.0.02%Reduce -16.2%149,794$8.76MNo quoteNo quote
127SFUNSoufun Holdings Ltd CL A Adr0.02%Reduce -10.2%168,000$8.68MNo quoteNo quote
128NKENike Inc0.02%New114,842$8.34M$72.64No quote
129DEDeere & Co.0.02%Reduce -28.8%100,357$8.17M$81.39No quote
130AESPRCAES Trust III,6.75%,10/15/29PREF0.02%Reduce -1.4%161,437$8.14MNo quoteNo quote
131NTESNetEase Inc. - ADR0.02%Reduce -8.6%111,810$8.12M$72.60No quote
132REGRegency Centers Corporation0.02%Add +14.7%167,797$8.11M$48.35No quote
133CBChubb Corp.0.02%Reduce -30.6%90,619$8.09M$89.26No quote
134IRFInternational Rectifier Corp.0.02%Reduce -15.8%312,710$7.75MNo quoteNo quote
135IBNICICI Bank Limited -ADR0.02%-251,565$7.67M$30.48No quote
136TDToronto Dominion Bank0.02%Reduce -10.3%81,305$7.32M$89.98No quote
137SBACSBA Communications Corp-CL A0.02%Reduce -51.0%81,153$6.53M$80.47No quote
138CHRWC.H. Robinson Worldwide, Inc.0.02%Reduce -10.0%107,930$6.43M$59.59No quote
139FCXFreeport-McMoRan Copper & Gold, Inc.0.02%Reduce -4.8%193,664$6.41M$33.08No quote
140BABoeing Co.0.02%Reduce -38.8%53,386$6.27M$117.50No quote
141FCSFairchild Semiconductor International0.02%Reduce -14.9%444,157$6.17MNo quoteNo quote
142AESAES Corp.0.02%Reduce -15.4%457,756$6.08M$13.29No quote
143CRMSalesforce.com Inc0.02%New116,912$6.07M$51.91No quote
144AMZNAmazon.Com, Inc.0.02%Reduce -1.6%18,933$5.92M$312.63No quote
145MAMastercard, Inc.0.02%Add +348.2%8,672$5.83M$672.74No quote
146SHWThe Sherwin Williams Co.0.01%Add +576.4%30,843$5.62M$182.18No quote
147TJXTJX Companies Inc0.01%New98,170$5.54M$56.39No quote
148DISHDish Network Corp A0.01%New116,879$5.26MNo quoteNo quote
149AMATApplied Materials, Inc.0.01%Reduce -23.1%298,319$5.23M$17.53No quote
150CCGCampus Crest Communities Inc0.01%Reduce -39.4%467,032$5.04MNo quoteNo quote
151PSAPublic Storage, Inc.0.01%Reduce -70.7%31,360$5.04M$160.55No quote
152PLDProLogis Inc.0.01%New133,573$5.03M$37.62No quote
153TSTenaris S.A. - ADR0.01%-106,700$4.99MNo quoteNo quote
154AMXAmerica Movil S.A.B. de C.V. - ADR0.01%Reduce -94.8%229,078$4.54MNo quoteNo quote
155INTCIntel Corp.0.01%Reduce -96.7%170,119$3.9M$22.92No quote
156IBMInternational Business Machines0.01%Reduce -97.3%18,954$3.51M$185.19No quote
157DDRDDR Corporation0.01%Reduce -50.9%222,879$3.5MNo quoteNo quote
158SLGSL Green Realty Corp.0.01%Reduce -68.6%37,815$3.36MNo quoteNo quote
159CUZCousins Properties, Inc.0.01%New299,190$3.08M$10.29No quote
160XUnited States Steel Corporation0.01%Reduce -16.1%98,530$2.03MNo quoteNo quote
161ALTRAltera Corp.0.00%-48,800$1.81MNo quoteNo quote
162FMDThe First Marblehead Corp.0.00%-1,910,194$1.57MNo quoteNo quote
163NLSNNielsen Holdings N.V.0.00%Reduce -88.6%41,770$1.52MNo quoteNo quote
164MCPMolycorp, Inc.0.00%Reduce -14.0%199,750$1.31MNo quoteNo quote
165ABBNYABB Limited ADR0.00%-49,600$1.17MNo quoteNo quote
166RSGRepublic Services, Inc.0.00%-23,720$791KNo quoteNo quote
167WLPWellPoint Inc.0.00%-7,880$659KNo quoteNo quote
168AZOAutozone Inc0.00%New1,210$512K$423.14No quote
169NWSANews Corp CL A0.00%New30,870$496K$16.07No quote
170BDXBecton, Dickinson and Company0.00%-4,600$460K$100.00No quote
171LMTLockheed Martin Corp.0.00%Reduce -46.4%3,369$430K$127.63No quote
172LVLTLevel 3 Communications, Inc.0.00%-15,400$411KNo quoteNo quote
173SESpectra Energy Corp.0.00%-11,750$402K$34.21No quote
174TIFTiffany & Co.0.00%Reduce -99.6%5,002$383KNo quoteNo quote
175BAXBaxter International Inc.0.00%-5,495$361K$65.70No quote
176CXCemex SA - ADR0.00%Reduce -48.9%21,765$243K$11.16No quote
177AAPLApple Inc.0.00%New470$224K$476.60No quote
178WRBW.R. Berkley Corp.0.00%-5,080$218K$42.91No quote
179UPSUnited Parcel Service, Inc., Class B0.00%New2,326$213K$91.57No quote
209WYNNWynn Resorts, Ltd.-Sold0$0No quoteNo quote
208WPOWashington Post Co., B-Sold0$0No quoteNo quote
207SYYSysco Corp-Sold0$0No quoteNo quote
206SHOSunstone Hotel Investors, Inc.-Sold0$0No quoteNo quote
205PGProcter & Gamble Co.-Sold0$0No quoteNo quote
204PSXPhillips 66-Sold0$0No quoteNo quote
203NVSNovartis Ag-Sold0$0No quoteNo quote
202JWNNordstrom, Inc.-Sold0$0No quoteNo quote
201NBLNoble Energy, Inc.-Sold0$0No quoteNo quote
200NWSANews Corp., Class A-Sold0$0No quoteNo quote
199MDWMidway Gold Corp.-Sold0$0No quoteNo quote
198MDTMedtronic, Inc.-Sold0$0No quoteNo quote
197KKellogg Co-Sold0$0No quoteNo quote
196AGGiShares Lehman Aggregate Bond Fund-Sold0$0No quoteNo quote
195HDHome Depot Inc-Sold0$0No quoteNo quote
194XOMExxon Mobil Corp.-Sold0$0No quoteNo quote
193ELEstee Lauder Companies, A-Sold0$0No quoteNo quote
192EMREmerson Electric Co.-Sold0$0No quoteNo quote
191LLYEli Lilly and Co.-Sold0$0No quoteNo quote
190DDDu Pont E I de Nemours & Co.-Sold0$0No quoteNo quote
189DDominion Resources, Inc.-Sold0$0No quoteNo quote
188CMICummins Inc.-Sold0$0No quoteNo quote
187COPConocoPhillips-Sold0$0No quoteNo quote
186CLPColonial Properties Trust-Sold0$0No quoteNo quote
185CMECME Group Inc.-Sold0$0No quoteNo quote
184CBSCBS Corp., Class B-Sold0$0No quoteNo quote
183ADPAutomatic Data Processing-Sold0$0No quoteNo quote
182ADSKAutodesk, Inc.-Sold0$0No quoteNo quote
181TAT&T Inc.-Sold0$0No quoteNo quote
180APAApache Corp-Sold0$0No quoteNo quote

Other instruments

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

1-Intel Corp 3.25 8/1/39BondOTHER14,001,000$17.34M
2-US Steel Corp. Conv. Bond 2.75% 4/1/19BondOTHER14,000,000$15.5M
3-United Rental 4% Convertible BondBondOTHER2,922,000$15.29M
4-Forest City Ent FCE 4.25BondOTHER6,963,000$7.74M
5WFCWSWells Fargo & Co. WarrantsWarrantOTHER410,560$5.77M
6-Molycorp 3.25%BondOTHER7,500,000$5.18M
7-Molycorp 6%BondOTHER5,750,000$4.52M
8-Forest City Ent FCE 5BondOTHER1,120,000$1.72M
9-Tyson Foods Inc 3.25% 10/15/13BondOTHER0$0