Arkolith/Funds/Davis Asset Management, L.P.

Davis Asset Management, L.P.

CIK 1945894
Holdings as of Mar 31, 2026·disclosed May 15, 2026·~45-day 13F lag·13F-HR
Active Filer

Davis Asset Management, L.P. holds a focused book of 85 stocks worth $3.5B as of Q1 2026 (disclosed May 15, 2026, a ~45-day 13F lag). This quarter they opened JPMorgan Chase & Co. Their largest long position is Berkshire Hathaway Inc-CL A at 10% of the equity book.

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holdings, largest changes, and filing provenance.
Opened
56
new positions
Added to
20
existing
Trimmed
0
reduced
Sold out
1
exited

Concentration

Top-heavy: focused book

Top 5 holdings
38%
Top 10 holdings
58%
Top 20 holdings
83%

Share of the disclosed book in its largest positions. A higher top-5 share means a more concentrated, higher-conviction portfolio.

Direct sector allocation

100% mapped to company sectors

Financials
75%
Information Technology
17%
Industrials
5%
Real Estate
2%
Health Care
0%
Energy
0%
Consumer Staples
0%
Consumer Discretionary
0%

Direct operating-company sectors from our SIC-based security master. ETF/fund and unclassified holdings stay visible separately; this is not ETF look-through exposure.

Biggest moves: latest quarter

Estimated $ traded · quarter-end prices, no cost basis

Bought
Trimmed / exited

Holdings: largest first

Bars show each stock's share of the portfolio. Click a row for its position history.

85 positions
#SecurityValueShares% PortLast moveHistory
1Berkshire Hathaway Inc Del Cl A Frmly
CL A
$341.1M475
9.9%
+296%
Added · +355 sh
2Meta Platforms
Cl A
$294.6M515.0K
8.5%
+3.0%
Added · +15K sh
3Alphabet Inc
Class C
$286.9M1.00M
8.3%
Held
4Western Alliance Bancorp
COM
$218.4M3.08M
6.3%
+23%
Added · +583K sh
5Chubb Limited
COM
$161.2M494.6K
4.7%
+9.9%
Added · +45K sh
6Berkshire Hathaway Inc Del Cl B Frmly
CL B
$151.3M315.6K
4.4%
+75%
Added · +136K sh
7Corebridge Financial
COM
$138.5M5.80M
4.0%
+66%
Added · +2.3M sh
8JPMorgan Chase & Co
COM
$137.9M468.8K
4.0%
New
New position
9Markel
COM
$135.2M70.6K
3.9%
+41%
Added · +21K sh
10AXOS Financial Inc
COM
$124.0M1.54M
3.6%
+5.3%
Added · +78K sh
11Accenture PLC Cl A
COM
$107.1M540.0K
3.1%
+54%
Added · +190K sh
12Progressive Corp
COM
$100.0M504.5K
2.9%
New
New position
13Global Payments Inc.
COM
$99.9M1.49M
2.9%
+6.1%
Added · +85K sh
14Visa Inc
COM
$96.7M320.0K
2.8%
+6.7%
Added · +20K sh
15First American Financial Corp
COM
$90.4M1.50M
2.6%
Held
16M&T Bank
COM
$84.8M410.0K
2.5%
+2.5%
Added · +10K sh
17Goldman Sachs Group Inc.
COM
$78.2M92.4K
2.3%
New
New position
18Alibaba
Sponsored ADS
$76.2M607.6K
2.2%
+22%
Added · +108K sh
19Servisfirst Bancshares Inc
COM
$66.3M910.4K
1.9%
+4.0%
Added · +35K sh
20Equity Residential
SH BEN INT
$63.2M1.07M
1.8%
+34%
Added · +268K sh
21Arch Capital Group LTD
COM
$62.4M650.0K
1.8%
+18%
Added · +100K sh
22Five Star Bancorp
COM
$57.0M1.51M
1.6%
Held
23Carlyle Group
COM
$54.7M1.13M
1.6%
+13%
Added · +131K sh
24Mastercard Inc
COM
$51.0M102.0K
1.5%
+20%
Added · +17K sh
25TriCo Bancshares
COM
$49.8M1.05M
1.4%
Held
26Ameris Bancorp
COM
$48.5M621.8K
1.4%
Held
27Raymond James Financial Inc
COM
$39.1M270.0K
1.1%
Held
28US Bancorp Del Com New
COM
$37.2M715.2K
1.1%
+19%
Added · +115K sh
29Old Second Bancorp
COM
$36.3M1.80M
1.1%
+3.1%
Added · +54K sh
30FB Financial Corp
COM
$32.2M619.2K
0.9%
Held
31CNB Financial Corp PA
COM
$27.5M950.0K
0.8%
Held
32Wells Fargo
COM
$26.9M338.0K
0.8%
New
New position
33American Express Company
COM
$19.1M63.0K
0.6%
New
New position
34Marketaxess Hldgs Inc
COM
$18.0M108.8K
0.5%
New
New position
35State Street Corp
COM
$14.7M116.0K
0.4%
New
New position
36Timberland Bancorp Inc
COM
$6.9M174.5K
0.2%
Held
37Exxon Mobil Corp
COM
$4.1M24.2K
0.1%
New
New position
38Johnson & Johnson
COM
$3.1M12.5K
0.1%
New
New position
39Applied Materials Inc.
COM
$2.3M6.6K
0.1%
New
New position
40BlackRock Inc.
COM
$2.0M2.1K
0.1%
New
New position
41The Coca Cola Company
COM
$1.9M25.0K
0.1%
New
New position
42Alphabet Inc
Class A
$1.4M4.8K
0.0%
New
New position
43MGM Resorts International
COM
$1.2M31.5K
0.0%
New
New position
44Deere & Company
COM
$1.1M1.9K
0.0%
New
New position
45The Travelers Companies Inc.
COM
$1.1M3.7K
0.0%
New
New position
46Eli Lily
COM
$586K637
0.0%
New
New position
47Merck & Co. Inc.
COM
$481K4.0K
0.0%
New
New position
48Linde PLC
COM
$446K900
0.0%
New
New position
49Weyerhaeuser Co.
COM
$416K17.3K
0.0%
New
New position
50WR Berkley Corp.
COM
$385K5.8K
0.0%
New
New position
Showing 50 of 85 positions

Filing history

As-of date vs the date the SEC received each filing

QuarterAs ofFiledPositionsValueForm
Q1 2026Mar 31, 2026May 15, 202685$3.5B13F-HR
Q4 2025Dec 31, 2025Feb 13, 202630$2.8B13F-HR
Q3 2025Sep 30, 2025Nov 14, 202531$2.8B13F-HR
Q2 2025Jun 30, 2025Aug 13, 202531$2.6B13F-HR
Q1 2025Mar 31, 2025May 12, 202531$2.4B13F-HR
Q4 2024Dec 31, 2024Feb 14, 202531$2.5B13F-HR
Q3 2024Sep 30, 2024Nov 12, 202433$2.5B13F-HR
Q2 2024Jun 30, 2024Aug 13, 202434$2.2B13F-HR
Q1 2024Mar 31, 2024May 13, 202433$2.3B13F-HR
Q4 2023Dec 31, 2023Feb 15, 202433$2.1B13F-HR/A
Q3 2023Sep 30, 2023Nov 13, 202332$1.7B13F-HR
Q2 2023Jun 30, 2023Aug 14, 202332$1.7B13F-HR
Q1 2023Mar 31, 2023May 11, 202332$1.6B13F-HR
Q4 2022Dec 31, 2022Feb 13, 202331$1.8B13F-HR
Q3 2022Sep 30, 2022Nov 14, 202231$1.7B13F-HR
Amended / restated
  • Q4 2023 · filed Feb 12, 202413F-HR · superseded

Data source

Holdings from SEC EDGAR 13F-HR filings, updated quarterly ~45 days after quarter-end. Public domain. The book and weighting are long equity only; disclosed put/call options are listed separately and excluded from those totals. Price-derived performance is withheld until the price-source policy and freshness gate are green.