Davis Asset Management, L.P.
Davis Asset Management, L.P. is a New York-based investment advisory firm focused on value-oriented equity investing. The firm manages assets for institutional and high-net-worth clients, leveraging in-depth research to invest in quality businesses. While precise founding year and employee count are not public, the firm is a SEC-registered investment adviser and operates as part of Davis Advisors, a well-established family investment group.
Investment Strategy
Davis Asset Management, L.P. applies a disciplined value investing approach, emphasizing research-driven selections of fundamentally strong, durable companies often within the financial and technology sectors. The firm is known for holding concentrated positions, focusing on long-term capital appreciation by investing in businesses it deems undervalued relative to intrinsic value, with low portfolio turnover and a patient time horizon. Top positions include Meta Platforms, Alphabet, Western Alliance Bancorp, and Chubb Limited. The fund blends core growth and value styles, seeking to exploit market inefficiencies while mitigating risk through diversification across select sectors.
Top Holdings
Equity Positions (31)
| Ticker | Security | Weight | Market Value | Shares | Avg Cost | Price | Change (QoQ) |
|---|---|---|---|---|---|---|---|
M META | Meta Platforms | 14.37% | $369.0M | 500,000 | $135.68 | $738.09 | +$80.9M |
W WAL | Western Alliance Bancorp | 7.59% | $194.9M | 2,500,000 | $65.49 | $77.98 | +$2.9M |
G GOOG | Alphabet Inc | 6.91% | $177.4M | 1,000,000 | $96.15 | $177.39 | +$21.2M |
C CB | Chubb Limited | 5.08% | $130.4M | 450,000 | $181.88 | $289.72 | -$5.5M |
S STT | State Street Corp | 4.97% | $127.6M | 1,200,000 | $60.81 | $106.34 | +$20.2M |