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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 100 of 192 rows. Rows without a quote are marked unavailable.

1-Citigroup Inc. 7.5% 12/15/12CUSIP PREFERRED79.75%Reduce -33.7%10,511$172.97BNo quoteNo quote
2COSTCostco Wholesale Corp. Common1.23%Reduce -11.4%32,604,727$2.68B$82.13No quote
3AXPAmerican Express Co. Common1.23%Reduce -2.9%59,520,695$2.67B$44.90No quote
4WFCWells Fargo & Co. Common1.15%Add +12.8%103,225,731$2.49B$24.12No quote
5CVSCVS Caremark Corp. Common1.05%Add +0.6%67,838,825$2.28B$33.59No quote
6BKBank of New York Mellon Common0.96%Add +12.4%111,452,871$2.07B$18.59No quote
7LLoews Corp. Common0.72%Reduce -9.9%45,466,308$1.57B$34.55No quote
8MRKMerck & Co., Inc. Common0.71%Reduce -11.6%47,236,098$1.54B$32.70No quote
9JNJJohnson & Johnson Common0.64%Reduce -8.5%21,885,826$1.39B$63.69No quote
10OXYOccidental Petroleum Corp. Common0.64%Reduce -10.0%19,483,249$1.39B$71.50No quote
11EOGEOG Resources, Inc. Common0.63%Reduce -7.5%19,222,857$1.37B$71.01No quote
12BBBYQBed Bath + Beyond Inc. Common0.62%Add +1.4%23,303,241$1.34BNo quoteNo quote
13CNQCanadian Natural Resources Foreign0.61%Add +0.4%45,368,762$1.33B$29.27No quote
14GOOGLGoogle Inc. Class A Common0.60%Add +4.5%2,516,128$1.3B$515.04No quote
15IRMIron Mountain Inc. Common0.59%Reduce -1.4%40,620,414$1.28BNo quoteNo quote
16PGRProgressive Corp. Common0.59%Reduce -0.9%71,937,618$1.28B$17.76No quote
17KOCoca Cola Co. Common0.52%Reduce -0.4%16,725,133$1.13B$67.56No quote
18DVNDevon Energy Corp. Common0.43%Reduce -29.7%16,896,824$936.76M$55.44No quote
19BRK/ABerkshire Hathaway Inc., A CommonCUSIP 0846701080.38%Reduce -9.4%7,759$828.66MNo quoteNo quote
20ESRXExpress Scripts Inc - Class A Common0.38%Add +0.8%22,327,891$827.7MNo quoteNo quote
21TXNTexas Instruments, Inc. Common0.35%Reduce -12.7%28,581,109$761.69M$26.65No quote
22TRHTransatlantic Holdings, Inc. Common0.33%Reduce -0.4%14,709,182$713.69MNo quoteNo quote
23MONMonsanto Co. Common0.32%Reduce -0.7%11,426,858$686.07MNo quoteNo quote
24MSFTMicrosoft Corp. Common0.25%Reduce -12.1%22,203,665$552.65M$24.89No quote
25DISDisney Walt Holdings Common0.25%Add +141.7%17,735,948$534.92M$30.16No quote
26BAXBaxter International Inc. Common0.22%Reduce -9.3%8,664,958$486.45M$56.14No quote
27SEESealed Air Corp. Common0.22%Reduce -33.1%28,024,657$468.01M$16.70No quote
28PMPhilip Morris International Inc. Common0.20%Reduce -28.2%7,072,102$441.16M$62.38No quote
29BDXBecton, Dickinson and Co. Common0.20%Reduce -17.4%5,822,065$426.87M$73.32No quote
30HOGHarley-Davidson, Inc. Common0.20%Reduce -23.0%12,320,677$422.97M$34.33No quote
31LMTLockheed Martin Corp. Common0.18%Reduce -5.0%5,443,645$395.43M$72.64No quote
32HPQHewlett Packard Co. Common0.17%Add +15.4%15,978,268$358.71M$22.45No quote
33KFTKraft Foods Inc. Common0.15%Reduce -25.6%9,853,726$330.89MNo quoteNo quote
34AMPAmeriprise Financial, Inc. Common0.15%Reduce -16.7%8,017,815$315.58M$39.36No quote
35RIGTransocean Ltd. Common0.14%Add +0.9%6,588,990$314.56M$47.74No quote
36ATVIActivision Blizzard, Inc. Common0.14%Reduce -5.3%25,015,798$297.69MNo quoteNo quote
37POTPotash Corp Saskatchewan, Inc. Foreign0.13%Add +1.4%6,763,933$292.34MNo quoteNo quote
38BAMBrookfield Asset Management Foreign0.13%Add +0.0%10,429,280$287.33M$27.55No quote
39ACEAce Limited Common0.13%Reduce -2.2%4,563,771$276.57MNo quoteNo quote
40DEODiageo PLC ADR0.12%Reduce -1.2%3,389,709$257.38M$75.93No quote
41APDAir Products & Chemicals, Inc. Common0.12%Add +1.0%3,277,138$250.28M$76.37No quote
42KMXCarMax, Inc. Common0.11%Reduce -17.0%9,889,325$235.86M$23.85No quote
43PXPraxair, Inc. Common0.11%Add +24.0%2,488,888$232.66MNo quoteNo quote
44SCHWCharles Schwab Corp. Common0.10%Add +613.9%19,631,063$221.24M$11.27No quote
45MLMMartin Marietta Materials, Inc. Common0.10%Reduce -30.3%3,304,498$208.91M$63.22No quote
46GSGoldman Sachs Group Inc. Common0.09%Reduce -4.2%2,139,507$202.29M$94.55No quote
47BRK/BBerkshire Hathaway Inc., B CommonCUSIP 0846707020.09%Reduce -6.3%2,839,046$201.69MNo quoteNo quote
48AAgilent Technologies, Inc. Common0.09%Reduce -19.6%6,411,736$200.37M$31.25No quote
49VVisa Inc. Common0.09%Add +0.1%2,324,555$199.26M$85.72No quote
50UNUnilever NV ADR0.09%Reduce -22.1%6,133,884$193.16MNo quoteNo quote
51ECLEcolab Inc. Common0.09%New3,917,578$191.53M$48.89No quote
52EXPEExpedia Inc. Common0.09%Reduce -12.7%7,298,357$187.93M$25.75No quote
53QVCALiberty Media Interactive Series A Common0.08%Add +1.0%11,292,868$166.68MNo quoteNo quote
54PFEPfizer Inc. Common0.08%Reduce -60.6%9,366,889$165.61M$17.68No quote
55EGEverest Re Group, Ltd. Common0.07%Add +0.0%1,939,675$153.97M$79.38No quote
56AMXAmerica Movil S.A.B. de C.V. ADR0.07%Add +29.4%6,523,863$144.05MNo quoteNo quote
57TVGrupo Televisa SA ADR0.06%Reduce -1.5%7,430,242$136.64MNo quoteNo quote
58INTCIntel Corp. Common0.06%Add +0.2%6,290,431$134.21M$21.33No quote
59MKLMarkel Corp. Common0.05%Reduce -0.9%314,632$112.37M$357.13No quote
60ACCAmerican Campus Comm, Inc. Common0.04%Reduce -35.0%2,346,338$87.31MNo quoteNo quote
61JPMJPMorgan Chase & Co. Common0.04%Add +47.5%2,830,898$85.27M$30.12No quote
62AREAlexandria Real Estate Equi. Inc. Common0.04%Reduce -6.0%1,382,961$84.9M$61.39No quote
63SPGSimon Property Group Inc. Common0.04%Reduce -26.0%734,312$80.76M$109.98No quote
64VTRVentas, Inc. Common0.04%Add +67.6%1,625,646$80.31M$49.40No quote
65DLRDigital Realty Trust Inc. Common0.04%Reduce -18.9%1,382,280$76.25M$55.16No quote
66SLBSchlumberger Ltd. Common0.03%Reduce -12.0%1,258,910$75.2M$59.73No quote
67EPREntertainment Properties Trust Common0.03%Reduce -12.9%1,828,319$71.27MNo quoteNo quote
68DFTDuPont Fabros Technology Inc. Common0.03%Reduce -29.8%3,301,704$65.01MNo quoteNo quote
69ESSEssex Property Trust, Inc. Common0.03%Reduce -11.3%534,469$64.16M$120.04No quote
70DCTDCT Industrial Trust Inc. Common0.03%Reduce -1.4%13,869,385$60.89MNo quoteNo quote
71LSTADLiberty Media - Starz Series A Common0.03%New898,116$57.08MNo quoteNo quote
72AOCAon Corp. Common0.03%Add +0.4%1,299,755$54.56MNo quoteNo quote
73MACMacerich Company Common0.02%New1,176,796$50.17M$42.63No quote
74REGRegency Centers Corporation Common0.02%Reduce -18.8%1,343,359$47.46M$35.33No quote
75BDNBrandywine Realty Trust Common0.02%Reduce -0.5%5,722,679$45.84MNo quoteNo quote
76PCLPlum Creek Timber Company, Inc. Common0.02%Add +52.1%1,227,376$42.6MNo quoteNo quote
77LPTLiberty Property Trust Common0.02%Reduce -1.5%1,307,000$38.05MNo quoteNo quote
78EGPEastgroup Properties, Inc. Common0.02%Add +1.7%945,027$36.04M$38.14No quote
79HIWHighwoods Properties Inc. Common0.02%Reduce -0.4%1,235,276$34.91MNo quoteNo quote
80YUMYum! Brands, Inc. Common0.02%Reduce -1.8%685,482$33.86M$49.39No quote
81VNOVornado Realty Trust Common0.01%Reduce -48.6%413,914$30.89M$74.62No quote
82CBLCBL & Associates Properties Common0.01%Reduce -0.5%2,537,346$28.82M$11.36No quote
83SIALSigma-Aldrich Corp. Common0.01%Reduce -2.8%451,511$27.9MNo quoteNo quote
84NLSNNielsen Holdings B.V. Common0.01%Add +5.2%1,057,533$27.58MNo quoteNo quote
85BACBank of America Corp. Common0.01%Add +3.6%4,438,889$27.17M$6.12No quote
86FCEAForest City Enterprises Inc.-A Common0.01%Add +60.9%2,541,136$27.09MNo quoteNo quote
87HCPHCP, Inc. Common0.01%New638,000$22.37MNo quoteNo quote
88IDXXIDEXX Laboratories, Inc. Common0.01%Add +2.2%304,210$20.98M$68.97No quote
89OFCCorporate Office Properties Trust Common0.01%Reduce -58.1%961,387$20.94MNo quoteNo quote
90KSSKohls Corp. Common0.01%Reduce -3.1%406,140$19.94MNo quoteNo quote
91RATEBankrate Inc. Common0.01%New1,308,958$19.91MNo quoteNo quote
92EQREquity Residential Common0.01%Reduce -15.1%379,587$19.69M$51.87No quote
93PSAPublic Storage, Inc Common0.01%Add +26.6%173,010$19.27M$111.35No quote
94LXPLexington Realty Trust Common0.01%New2,900,000$18.97MNo quoteNo quote
95BLTBlount International, Inc. Common0.01%Reduce -3.2%1,374,835$18.37MNo quoteNo quote
96TSTenaris S.A. - ADR ADR0.01%Add +1.5%714,680$18.19MNo quoteNo quote
97AMTAmerican Tower Corp Cl A Common0.01%Add +1.5%333,568$17.95M$53.80No quote
98SHWThe Sherwin Williams Co. Common0.01%Reduce -2.4%210,826$15.67M$74.32No quote
99CORCoresite Realty Corp. Common0.01%Reduce -9.1%1,084,470$15.56MNo quoteNo quote
100SAPSAP AG ADR0.01%Reduce -2.4%295,588$14.96M$50.62No quote
101PWRQuanta Services, Inc. Common0.01%Reduce -1.9%762,400$14.33M$18.79No quote
102AESPRCAES Trust III,6.75%,10/15/29 PreferredPREF0.01%Reduce -0.6%282,010$13.84MNo quoteNo quote
103WCNWaste Connections Inc. Common0.01%Reduce -10.8%370,990$12.55M$33.82No quote
104ABBNYABB Limited ADR ADR0.01%Add +2.1%693,195$11.84MNo quoteNo quote
105BXPBoston Properties, Inc. Common0.01%Reduce -39.7%127,992$11.4M$89.10No quote
106AVBAvalonbay Communities, Inc. Common0.01%New94,446$10.77M$114.05No quote
107BMRBiomed Realty Trust, Inc. Common0.00%Add +3.8%636,030$10.54MNo quoteNo quote
108WFMWhole Foods Market Inc. Common0.00%Reduce -26.8%157,710$10.3MNo quoteNo quote
109VRXValeant Pharmaceutical Int'l Common0.00%Reduce -12.7%269,969$10.02MNo quoteNo quote
110NWSANews Corp., Class A Common0.00%Reduce -1.0%643,470$9.96M$15.48No quote
111UHSUniversal Health Services, Inc. Common0.00%Reduce -1.0%284,300$9.67M$34.00No quote
112PPSPost Properties, Inc. Common0.00%Add +58.2%275,611$9.58MNo quoteNo quote
113UDRUDR, Inc. Common0.00%Reduce -85.7%427,781$9.47M$22.14No quote
114RPXCRPX Corp. Common0.00%Add +37.7%429,737$8.9MNo quoteNo quote
115PGProcter & Gamble Co. Common0.00%Reduce -97.9%135,878$8.59M$63.18No quote
116DDRDDR Corporation Common0.00%New777,951$8.48MNo quoteNo quote
117RYNRayonier, Inc Common0.00%New227,180$8.36M$36.79No quote
118EDREducation Realty Trust, Inc. Common0.00%Add +4.1%962,996$8.27MNo quoteNo quote
119NBRNabors Industries Ltd. Common0.00%Add +26.9%656,900$8.05M$12.26No quote
120SLGSL Green Realty Corp. Common0.00%New135,643$7.89MNo quoteNo quote
121IBNICICI Bank Limited ADR0.00%Reduce -1.4%216,365$7.51M$34.72No quote
122YOKUYouku.com Inc. ADR0.00%Add +3.7%458,280$7.5MNo quoteNo quote
123GEGeneral Electric Co. Common0.00%Reduce -1.0%481,800$7.33M$15.22No quote
124HRSHarris Corporation Common0.00%Reduce -4.1%213,092$7.28MNo quoteNo quote
125IBMIBM Common0.00%Reduce -2.5%38,693$6.77M$174.86No quote
126USBUS Bancorp Common0.00%Reduce -0.3%265,996$6.26M$23.54No quote
127NTESNetEase.com Inc. ADR0.00%Add +6.3%152,290$5.81M$38.16No quote
128TDToronto Dominion Bank Foreign0.00%-81,505$5.78M$70.95No quote
129HSTHost Hotels & Resorts Inc. Common0.00%New524,200$5.74MNo quoteNo quote
130PLDPrologis, Inc. Common0.00%Add +1530.9%235,219$5.7M$24.25No quote
131SVASinovac Biotech Ltd. Foreign0.00%Add +2.9%2,530,808$5.64MNo quoteNo quote
132IRFInternational Rectifier Corp. Common0.00%Add +19.5%302,520$5.63MNo quoteNo quote
133AESAES Corp. Common0.00%Reduce -1.0%571,390$5.58M$9.76No quote
134BSBRBanco Santander Brasil SA ADR0.00%Add +1.3%760,567$5.57MNo quoteNo quote
135TOLToll Brothers, Inc. Common0.00%Add +454.9%379,530$5.48M$14.43No quote
136FCSFairchild Semiconductor Intl Common0.00%Add +13.1%498,947$5.39MNo quoteNo quote
137AMZNAmazon.Com, Inc. Common0.00%Reduce -9.3%24,115$5.21M$216.21No quote
138FCXFreeport-McMoRan Copper & Gold Common0.00%Reduce -0.7%164,134$5M$30.45No quote
139TSNTyson Foods Inc. Common0.00%Reduce -13.9%287,810$5M$17.36No quote
140CUBECubeSmart Common0.00%New546,820$4.66M$8.53No quote
141SCHSSchool Specialty Inc. Common0.00%Add +4.9%552,727$3.94MNo quoteNo quote
142VALEPVale SA-Sp Pref ADR0.00%Add +7.5%186,704$3.92MNo quoteNo quote
143MASMasco Corp. Common0.00%Reduce -1.0%548,400$3.91M$7.12No quote
144TROWT. Rowe Price Group, Inc. Common0.00%Reduce -1.9%75,985$3.63M$47.77No quote
145WUWestern Union Company Common0.00%Reduce -14.4%234,602$3.59M$15.29No quote
146TECHTechne Corp. Common0.00%Add +38.8%34,844$2.37M$68.02No quote
147FMDThe First Marblehead Corp. Common0.00%-1,910,194$1.95MNo quoteNo quote
148XUS Steel Corp. Common0.00%New82,800$1.82MNo quoteNo quote
149ATIAllegheny Technologies, Inc. Common0.00%New48,300$1.79M$37.00No quote
150CISGCNinsure Inc. ADR0.00%Add +6.5%226,041$1.58MNo quoteNo quote
151PCARPACCAR Inc Common0.00%Add +44.9%32,015$1.08M$33.83No quote
152CCitigroup Inc. Common0.00%-35,186$901K$25.61No quote
153GLAClark Holdings, Inc. Common0.00%-1,461,685$658KNo quoteNo quote
154TJXThe TJX Companies, Inc. Common0.00%-11,390$632K$55.49No quote
155CLColgate-Palmolive Co. Common0.00%Add +0.0%5,148$457K$88.77No quote
156TGTTarget Corp. Common0.00%-8,250$405K$49.09No quote
157SESpectra Energy Corp. Common0.00%Reduce -7.7%15,650$384K$24.54No quote
158MJNMead Johnson Nutrition Co. Common0.00%-5,565$383KNo quoteNo quote
159ORCLOracle Corporation Common0.00%Add +24.0%13,110$377K$28.76No quote
160IWVIshares - Russell 3000 ETF0.00%New4,810$321KNo quoteNo quote
161BPBP Plc ADR0.00%Add +8.8%8,183$295K$36.05No quote
162RSGRepublic Services, Inc. Common0.00%-9,650$271KNo quoteNo quote
163ADPAutomatic Data Processing Common0.00%-4,450$210K$47.19No quote
164CFNCarefusion Corp. Common0.00%-8,615$206KNo quoteNo quote
165CXCemex SA ADR0.00%Add +17.5%35,316$112K$3.17No quote
180WYNNWynn Resorts, Ltd. Common-Sold0$0No quoteNo quote
179VMCVulcan Materials Corp. Common-Sold0$0No quoteNo quote
178YSIU-Store-It Trust Common-Sold0$0No quoteNo quote
177TYCTyco International Ltd. Common-Sold0$0No quoteNo quote
176TCOTaubman Centers, Inc. Common-Sold0$0No quoteNo quote
175LSTZALiberty Media - Starz Series A Common-Sold0$0No quoteNo quote
174LHOLaSalle Hotel Properties Common-Sold0$0No quoteNo quote
173GMPRBGeneral Motors Corp. 4.75% 12/01/13 PreferredPREF-Sold0$0No quoteNo quote
172DEIDouglas Emmett, Inc. Common-Sold0$0No quoteNo quote
171DNBD & B Corp. Common-Sold0$0No quoteNo quote
170CSACogdell Spencer, Inc. Common-Sold0$0No quoteNo quote
169LFCChina Life Insurance, Co. ADR-Sold0$0No quoteNo quote
168CBGCB Richard Ellis Group, Inc. Common-Sold0$0No quoteNo quote
167BKDBrookdale Senior Living, Inc. Common-Sold0$0No quoteNo quote
166AVPAvon Products, Inc. Common-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 BondBondOTHER16,250,000$19.6M
2-Best Buy Comp, Inc. 2.25% 1/15/2022 BondBondOTHER16,000,000$15.96M
3-Allegheny Tech. 4.25% 6/1/14 BondBondOTHER9,915,000$11.97M
4-US Steel Corp. 4% 05/15/14 BondBondOTHER11,150,000$11.62M
5-School Specialty Conv. Bond 3.75% BondBondOTHER11,300,000$10.28M
6-Transocean Inc. Series C BondBondOTHER5,800,000$5.62M
7-United Rental 4% CV BondBondOTHER3,200,000$5.38M
8WFCWSWells Fargo & Co. Warrants WarrantWarrantOTHER608,100$4.68M
9-Forest City Ent FCE 5 BondBondOTHER1,120,000$1.2M
12-Janus Capital GR 3.25% 07/15/14 BondBondOTHER0$0
11INTCIntel Corp 2.95% 12/15/2035 BondBondOTHER0$0
10-Eastman Kodak 04/01/17, Conv. B BondBondOTHER0$0