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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 111 of 202 rows. Rows without a quote are marked unavailable.

1AXPAmerican Express Co.7.94%Reduce -3.6%35,767,841$3.25B$90.73No quote
2GOOGLGoogle Inc. Class A7.21%Reduce -1.4%2,628,014$2.95B$1120.71No quote
3BKBank of New York Mellon Corp.7.13%Reduce -3.7%83,323,238$2.91B$34.94No quote
4WFCWells Fargo & Co.6.39%Reduce -2.4%57,541,470$2.61B$45.40No quote
5CVSCVS Caremark Corp.5.79%Reduce -9.3%33,058,529$2.37B$71.57No quote
6BRK/ABerkshire Hathaway Inc., Class ACUSIP 0846701084.17%Reduce -15.7%9,585$1.71BNo quoteNo quote
7BBBYQBed Bath & Beyond Inc.3.92%Reduce -2.9%19,921,965$1.6BNo quoteNo quote
8COSTCostco Wholesale Corp.3.69%Reduce -1.4%12,662,918$1.51B$119.02No quote
9CNQCanadian Natural Resources Ltd.2.89%Reduce -2.5%34,869,302$1.18B$33.84No quote
10UNHUnitedHealth Group Inc.2.87%Add +4.8%15,589,667$1.17B$75.30No quote
11ESRXExpress Scripts Holding Co.2.21%Reduce -5.1%12,872,126$904.14MNo quoteNo quote
12PGRProgressive Corp.2.16%Reduce -3.0%32,423,950$884.2M$27.27No quote
13LHLaboratory Corporation of America Hldg2.14%Add +21.1%9,561,830$873.66M$91.37No quote
14APDAir Products & Chemicals, Inc.1.94%Reduce -1.2%7,100,817$793.73M$111.78No quote
15LLoews Corp.1.93%Reduce -13.1%16,367,518$789.57M$48.24No quote
16LBTYKLiberty Global Plc - Series C1.75%Add +1.8%8,493,729$716.19M$84.32No quote
17EOGEOG Resources, Inc.1.69%Reduce -1.0%4,118,747$691.29M$167.84No quote
18TXNTexas Instruments, Inc.1.61%Reduce -1.1%14,960,544$656.92M$43.91No quote
19YAlleghany Corp.1.39%Reduce -21.2%1,416,323$566.47MNo quoteNo quote
20PCARPACCAR Inc.1.36%Reduce -1.1%9,380,447$555.04M$59.17No quote
21ECLEcolab Inc.1.31%Reduce -0.8%5,120,907$533.96M$104.27No quote
22SCHWCharles Schwab Corp.1.19%Reduce -1.9%18,723,805$486.82M$26.00No quote
23VVisa Inc. Class A Shares1.19%Reduce -4.8%2,185,502$486.67M$222.68No quote
24KMXCarMax, Inc.1.11%Reduce -0.8%9,682,229$455.26M$47.02No quote
25PCLNPriceline.com Inc1.08%Reduce -2.2%379,836$441.52MNo quoteNo quote
26MSFTMicrosoft Corp.1.04%Reduce -1.4%11,378,912$425.69M$37.41No quote
27BAMBrookfield Asset Management Inc. - CL0.97%Reduce -3.9%10,192,123$395.76M$38.83No quote
28ORCLOracle Corporation0.96%Reduce -2.0%10,303,865$394.23M$38.26No quote
29DISDisney Walt Holdings0.96%Reduce -18.4%5,148,575$393.35M$76.40No quote
30JPMJPMorgan Chase & Co.0.96%Reduce -5.0%6,719,627$392.96M$58.48No quote
31KOCoca Cola Co.0.93%Reduce -31.1%9,219,272$380.85M$41.31No quote
32ACEAce Limited0.91%Reduce -2.1%3,582,600$370.91MNo quoteNo quote
33MONMonsanto Co.0.85%Reduce -3.3%2,968,117$345.93MNo quoteNo quote
34AMPAmeriprise Financial, Inc.0.84%Reduce -4.1%2,986,588$343.61M$115.05No quote
35ATVIActivision Blizzard, Inc.0.82%Reduce -11.4%18,876,684$336.57MNo quoteNo quote
36PMPhilip Morris International Inc.0.80%Reduce -1.6%3,728,580$324.87M$87.13No quote
37QVCALiberty Interactive Corp. Series A0.75%Reduce -1.6%10,421,492$305.87MNo quoteNo quote
38OXYOccidental Petroleum Corp.0.74%Reduce -39.9%3,165,548$301.04M$95.10No quote
39PXPraxair, Inc.0.72%Reduce -1.2%2,250,026$292.57MNo quoteNo quote
40IRMIron Mountain Inc.0.70%Reduce -2.2%9,475,988$287.6MNo quoteNo quote
41BRK/BBerkshire Hathaway Inc., Class BCUSIP 0846707020.70%Reduce -3.1%2,424,072$287.4MNo quoteNo quote
42SLBSchlumberger Ltd.0.67%Reduce -1.3%3,026,384$272.71M$90.11No quote
43TXTTextron Inc.0.54%Add +35.6%6,046,016$222.25MNo quoteNo quote
44HOGHarley-Davidson, Inc.0.54%Reduce -1.6%3,209,063$222.2M$69.24No quote
45DEODiageo PLC - ADR0.54%Reduce -4.7%1,656,847$219.4M$132.42No quote
46AAgilent Technologies, Inc.0.50%Reduce -1.1%3,585,021$205.03M$57.19No quote
47NFLXNetflix Inc.0.46%Reduce -1.4%505,871$186.25M$368.17No quote
48EGEverest Re Group, Ltd.0.45%Reduce -6.9%1,188,199$185.21M$155.87No quote
49HPQHewlett Packard Co.0.44%Reduce -1.9%6,452,979$180.55M$27.98No quote
50MKLMarkel Corp.0.43%Reduce -6.9%302,859$175.76M$580.35No quote
51GSGoldman Sachs Group Inc.0.32%Reduce -15.4%745,442$132.14M$177.26No quote
52TWTRTwitter Inc.0.31%New2,005,350$127.64MNo quoteNo quote
53QIHUQihoo 360 Technology Co ADR0.28%New1,395,178$114.47MNo quoteNo quote
54WAIRWesco Aircraft Holdings, Inc0.26%Add +5.6%4,911,177$107.65MNo quoteNo quote
55MLMMartin Marietta Materials, Inc.0.22%Reduce -1.5%879,720$87.92M$99.94No quote
56-Hunter Douglas N.V.CUSIP 5291810LU0.21%Reduce -3.4%1,907,515$86.48MNo quoteNo quote
57LVNTALiberty Ventures Series A0.21%Reduce -1.5%695,113$85.21MNo quoteNo quote
58OAKOaktree Cap Group LLC Class A Units0.20%Add +1.6%1,363,704$80.24MNo quoteNo quote
59VIPSVipshop Holdings Ltd.-ADS0.19%Reduce -2.0%906,130$75.83M$83.68No quote
60SPGSimon Property Group Inc.0.13%Reduce -14.7%351,657$53.51M$152.16No quote
61ACCAmerican Campus Communities Inc.0.13%Add +14.8%1,617,557$52.1MNo quoteNo quote
62AIGAmerican International Group Inc.0.12%Reduce -15.6%998,730$50.99M$51.05No quote
63AVBAvalonbay Communities, Inc.0.11%Add +1.8%383,614$45.36M$118.23No quote
64ESSEssex Property Trust, Inc.0.08%Add +2.6%240,007$34.44M$143.51No quote
65ANGIAngie's List Inc.0.07%Add +34.0%1,975,643$29.93M$15.15No quote
66BXPBoston Properties, Inc.0.07%Add +3.8%284,507$28.56M$100.37No quote
67AMTAmerican Tower Corp.0.07%Add +4.0%355,839$28.4M$79.82No quote
68VTRVentas, Inc.0.07%Add +3.8%476,589$27.3M$57.28No quote
69AREAlexandria Real Estate Equities, Inc.0.07%Add +3.6%421,704$26.83M$63.62No quote
70OFCCorporate Office Properties Trust0.06%Add +3.2%1,103,315$26.14MNo quoteNo quote
71YOKUYouku Tudou Inc. - ADR0.06%Reduce -1.9%848,089$25.7MNo quoteNo quote
72SIALSigma-Aldrich Corp.0.06%Reduce -3.9%239,465$22.51MNo quoteNo quote
73GGPGeneral Growth Properties Inc.0.05%Add +2.9%1,113,257$22.34MNo quoteNo quote
74EDREducation Realty Trust, Inc.0.05%Add +2.6%2,513,897$22.17MNo quoteNo quote
75LPTLiberty Property Trust0.05%Add +2.6%647,124$21.92MNo quoteNo quote
76VNOVornado Realty Trust0.05%Reduce -45.4%244,365$21.7M$88.79No quote
77SINASINA CORP0.05%Reduce -1.8%254,873$21.47MNo quoteNo quote
78DFTDuPont Fabros Technology Inc.0.05%Reduce -10.1%860,021$21.25MNo quoteNo quote
79SPYSPDR S&P 500 ETF0.05%New112,890$20.85M$184.69No quote
80FRTFederal Realty Investment Trust0.05%Add +8.8%194,714$19.75MNo quoteNo quote
81CTRPCtrip.com International, Ltd. ADR0.05%Reduce -0.1%379,710$18.84MNo quoteNo quote
82IDXXIDEXX Laboratories, Inc.0.04%Add +0.7%169,541$18.03M$106.37No quote
83FCEAForest City Enterprises Inc. - Class A0.04%Reduce -39.4%926,879$17.7MNo quoteNo quote
84HSTHost Hotels & Resorts Inc.0.04%Reduce -7.9%889,556$17.29MNo quoteNo quote
85CBLCBL & Associates Properties, Inc.0.04%Add +0.7%947,124$17.01M$17.96No quote
86TVGrupo Televisa S.A.B.-Spons - ADR0.04%Reduce -79.3%528,855$16MNo quoteNo quote
87USBUS Bancorp.0.04%Reduce -10.8%394,357$15.93M$40.40No quote
88AKRAcadia Realty Trust0.04%Add +52.6%636,834$15.81MNo quoteNo quote
89SKTTanger Factory Outlet Centers, Inc.0.04%Add +8.0%488,169$15.63M$32.02No quote
90TDGTransdigm Group Inc0.04%Add +15.3%95,339$15.35M$161.01No quote
91JNJJohnson & Johnson0.04%Add +0.8%164,755$15.09M$91.59No quote
92LVSLas Vegas Sands Corp.0.04%Add +2.5%184,955$14.59M$78.87No quote
93ZUZulily, Inc.0.04%New349,870$14.5MNo quoteNo quote
94PPSPost Properties Inc.0.03%Reduce -0.7%311,434$14.09MNo quoteNo quote
95EGPEastgroup Properties, Inc.0.03%Reduce -1.5%233,904$13.55M$57.93No quote
96SFUNSoufun Holdings Ltd CL A Adr0.03%Reduce -2.2%164,290$13.54MNo quoteNo quote
97ATIAllegheny Technologies, Inc.0.03%Reduce -10.6%377,411$13.45M$35.63No quote
98KSSKohls Corp.0.03%Reduce -9.7%235,110$13.34MNo quoteNo quote
99EXPDExpeditors Int'l of Washington Inc.0.03%Reduce -0.4%294,235$13.02M$44.25No quote
100SAPSAP AG - ADR0.03%Add +2.0%145,067$12.64M$87.14No quote
101BACBank of America Corp.0.03%Reduce -19.4%810,236$12.62M$15.57No quote
102CLColgate-Palmolive Co.0.03%Add +8.6%187,187$12.21M$65.21No quote
103PWRQuanta Services, Inc.0.03%Reduce -8.0%382,680$12.08M$31.56No quote
105LOWLowes Cos Inc.0.03%Add +10.7%242,524$12.02M$49.55No quote
104BMRBiomed Realty Trust Inc.0.03%Reduce -1.8%663,179$12.02MNo quoteNo quote
106LHOLaSalle Hotel Properties0.03%Reduce -32.1%388,879$12MNo quoteNo quote
107UHSUniversal Health Services, Inc.0.03%Reduce -11.8%147,600$11.99M$81.26No quote
108DVNDevon Energy Corp.0.03%Reduce -9.0%191,632$11.86M$61.87No quote
109VRXValeant Pharmaceuticals International,0.03%Reduce -15.6%97,534$11.45MNo quoteNo quote
110FDXFedEx Corp.0.03%Add +0.7%77,844$11.19M$143.77No quote
111CCitigroup Inc.0.03%Reduce -9.4%212,038$11.05M$52.11No quote
112UNUnilever NV - NY Shares0.03%Add +2.0%272,131$10.95MNo quoteNo quote
113DCTDCT Industrial Trust Inc.0.03%Add +8.8%1,526,184$10.88MNo quoteNo quote
114TCOTaubman Centers, Inc.0.03%Reduce -9.4%168,286$10.76MNo quoteNo quote
115TWCTime Warner Cable Inc.0.03%New78,913$10.69MNo quoteNo quote
116RIGTransocean Ltd.0.03%Reduce -8.8%214,390$10.6M$49.42No quote
117WCNWaste Connections Inc.0.03%Reduce -9.2%240,440$10.49M$43.63No quote
118FOXATwenty-First Century Fox Inc0.03%Reduce -8.1%295,756$10.4M$35.17No quote
119NBRNabors Industries Ltd.0.02%Reduce -9.0%597,240$10.15M$16.99No quote
120BPYBrookfield Property Partners LP0.02%Reduce -0.9%504,921$10.07MNo quoteNo quote
121MASMasco Corp.0.02%Reduce -6.8%429,180$9.77M$22.77No quote
122TSNTyson Foods Inc.0.02%Reduce -14.1%292,010$9.77M$33.46No quote
123GEGeneral Electric Co.0.02%Reduce -9.0%338,467$9.49M$28.03No quote
124NKENike Inc0.02%Add +3.1%118,433$9.31M$78.64No quote
125EPREPR Properties0.02%New189,292$9.31MNo quoteNo quote
126WLPWellPoint Inc.0.02%Add +1173.4%100,341$9.27MNo quoteNo quote
127ELSEquity Lifestyle Properties, Inc.0.02%New255,050$9.24MNo quoteNo quote
128CBChubb Corp.0.02%Add +2.7%93,090$9M$96.63No quote
129NTESNetEase Inc. - ADR0.02%Add +0.0%111,830$8.79M$78.60No quote
130HCPHCP, Inc.0.02%Add +8.8%236,174$8.58MNo quoteNo quote
131WFMWhole Foods Market Inc.0.02%Reduce -9.4%135,744$7.85MNo quoteNo quote
132IRFInternational Rectifier Corp.0.02%Reduce -8.9%284,890$7.43MNo quoteNo quote
133POTPotash Corp. Saskatchewan Inc.0.02%Reduce -40.2%220,941$7.28MNo quoteNo quote
134AESPRCAES Trust III,6.75%,10/15/29PREF0.02%Reduce -10.2%145,027$7.28MNo quoteNo quote
135SVASinovac Biotech Ltd.0.02%Reduce -20.0%1,178,606$7.21MNo quoteNo quote
136AMZNAmazon.Com, Inc.0.02%Reduce -8.6%17,313$6.9M$398.78No quote
137DISHDish Network Corp A0.02%Add +1.8%119,003$6.89MNo quoteNo quote
138FCXFreeport-McMoRan Copper & Gold, Inc.0.02%Reduce -8.9%176,497$6.66M$37.74No quote
139REGRegency Centers Corporation0.02%Reduce -14.4%143,597$6.65M$46.30No quote
140CRMSalesforce.com Inc0.02%Add +1.9%119,143$6.58M$55.19No quote
141IBNICICI Bank Limited -ADR0.02%Reduce -31.6%172,020$6.39M$37.17No quote
142CHRWC.H. Robinson Worldwide, Inc.0.02%Add +1.1%109,077$6.37M$58.35No quote
143TJXTJX Companies Inc0.02%Add +1.5%99,642$6.35M$63.73No quote
144AESAES Corp.0.01%Reduce -9.0%416,466$6.04M$14.51No quote
145WMTWal-Mart Stores, Inc.0.01%Reduce -52.7%76,501$6.02M$78.69No quote
147SHWThe Sherwin Williams Co.0.01%Add +2.5%31,599$5.8M$183.49No quote
146FCSFairchild Semiconductor International0.01%Reduce -2.2%434,327$5.8MNo quoteNo quote
148AMATApplied Materials, Inc.0.01%Add +2.3%305,116$5.39M$17.68No quote
149MMM3M Company0.01%Reduce -48.7%38,361$5.38M$140.25No quote
150CUBECubeSmart0.01%New298,645$4.76M$15.94No quote
151TSTenaris S.A. - ADR0.01%Reduce -3.0%103,500$4.52MNo quoteNo quote
152INTCIntel Corp.0.01%Add +0.7%171,379$4.45M$25.95No quote
153CCGCampus Crest Communities Inc0.01%Reduce -0.8%463,084$4.36MNo quoteNo quote
154SBACSBA Communications Corp-CL A0.01%Reduce -41.3%47,602$4.28M$89.85No quote
155DDRDDR Corporation0.01%Add +9.4%243,930$3.75MNo quoteNo quote
156IBMInternational Business Machines0.01%Add +0.7%19,085$3.58M$187.58No quote
157SLGSL Green Realty Corp.0.01%Reduce -1.8%37,153$3.43MNo quoteNo quote
158CUZCousins Properties, Inc.0.01%Reduce -0.4%297,990$3.07M$10.30No quote
159ALEXAlexander & Baldwin, Inc.0.01%New68,760$2.87MNo quoteNo quote
160LEAFSpringleaf Holdings Inc0.01%New100,330$2.54MNo quoteNo quote
161WUBA58.com Inc ADR0.00%New50,160$1.92MNo quoteNo quote
162MAMastercard, Inc.0.00%Reduce -77.7%1,935$1.62M$835.66No quote
163ALTRAltera Corp.0.00%-48,800$1.59MNo quoteNo quote
164FMDZZZZThe First Marblehead Corp.0.00%New191,018$1.41MNo quoteNo quote
165NLSNNielsen Holdings N.V.0.00%Reduce -27.1%30,470$1.4MNo quoteNo quote
166ABBNYABB Limited ADR0.00%Reduce -1.6%48,822$1.3MNo quoteNo quote
167RSGRepublic Services, Inc.0.00%-23,720$788KNo quoteNo quote
168AZOAutozone Inc0.00%-1,210$578K$477.69No quote
169LVLTLevel 3 Communications, Inc.0.00%-15,400$511KNo quoteNo quote
170TIFTiffany & Co.0.00%Reduce -0.0%5,000$464KNo quoteNo quote
171SESpectra Energy Corp.0.00%-11,750$419K$35.66No quote
172BDXBecton, Dickinson and Company0.00%Reduce -21.0%3,635$402K$110.59No quote
173BAXBaxter International Inc.0.00%-5,495$382K$69.52No quote
174LMTLockheed Martin Corp.0.00%Reduce -29.1%2,390$355K$148.54No quote
175IVEiShares S&P 500 Value ETF0.00%New3,632$310K$85.35No quote
176TDToronto Dominion Bank0.00%Reduce -96.1%3,195$301K$94.21No quote
177AAPLApple Inc.0.00%Add +1.5%477$268K$561.84No quote
178CXCemex SA - ADR0.00%-21,765$257K$11.81No quote
179UPSUnited Parcel Service, Inc., Class B0.00%Add +0.6%2,340$246K$105.13No quote
181WRBW.R. Berkley Corp.0.00%-5,080$220K$43.31No quote
180FSLRFirst Solar, Inc.0.00%New4,030$220K$54.59No quote
182BENFranklin Resources Inc0.00%New3,665$212K$57.84No quote
194XUnited States Steel Corporation-Sold0$0No quoteNo quote
193FMDThe First Marblehead Corp.-Sold0$0No quoteNo quote
192RYNRayonier, Inc.-Sold0$0No quoteNo quote
191PSAPublic Storage, Inc.-Sold0$0No quoteNo quote
190PLDProLogis Inc.-Sold0$0No quoteNo quote
189NWSANews Corp CL A-Sold0$0No quoteNo quote
188MCPMolycorp, Inc.-Sold0$0No quoteNo quote
187DLRDigital Realty Trust Inc.-Sold0$0No quoteNo quote
186DEDeere & Co.-Sold0$0No quoteNo quote
185BREBRE Properties, Inc.-Sold0$0No quoteNo quote
184BABoeing Co.-Sold0$0No quoteNo quote
183AMXAmerica Movil S.A.B. de C.V. - ADR-Sold0$0No quoteNo quote

Other instruments

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

1-US Steel Corp. Conv. Bond 2.75% 4/1/19BondOTHER12,750,000$16.88M
2-Intel Corp 3.25 8/1/39BondOTHER11,551,000$15.7M
3-United Rental 4% Convertible BondBondOTHER1,377,000$9.64M
4-Forest City Ent FCE 4.25BondOTHER7,463,000$8.3M
5-Molycorp 6%BondOTHER9,500,000$7.51M
6WFCWSWells Fargo & Co. WarrantsWarrantOTHER410,560$6.53M
7-Molycorp 3.25%BondOTHER7,500,000$5.21M
8-Forest City Ent FCE 5BondOTHER1,120,000$1.73M