Davis Asset Management, L.P. Long-Term Concentrated

CIK: 0001945894 · Show all filings

Period: Q3 2022 (Next →)

Filing Date: Nov 14, 2022

Total Value ($000): $1,708,859 (100.0% shares, 0.0% debt)

Holdings (31)

WAL Western Alliance Bancorp 9.2%

Value ($000) $157,776 Shares 2,400,000 Est. Cost $69.67 Unrealized 0.0%

SBNY Signature Bank New York 8.8%

Value ($000) $151,000 Shares 1,000,000 Est. Cost $151.00 Unrealized —

ACGL Arch Capital Group LTD 8.0%

Value ($000) $136,620 Shares 3,000,000 Est. Cost $42.96 Unrealized 0.0%

GPN Global Payments Inc. 7.0%

Value ($000) $118,855 Shares 1,100,000 Est. Cost $119.23 Unrealized 0.0%

GOOG Alphabet Inc 5.6%

Value ($000) $96,150 Shares 1,000,000 Est. Cost $110.83 Unrealized 0.0%

CB Chubb Limited 4.8%

Value ($000) $81,846 Shares 450,000 Est. Cost $181.71 Unrealized 0.0%

SFBS Servisfirst Bancshares Inc 4.7%

Value ($000) $80,000 Shares 1,000,000 Est. Cost $79.18 Unrealized 0.0%

STT State Street Corp 4.3%

Value ($000) $72,972 Shares 1,200,000 Est. Cost $60.70 Unrealized 0.0%

META Meta Platforms 4.0%

Value ($000) $67,840 Shares 500,000 Est. Cost $160.96 Unrealized 0.0%

BABA Alibaba 3.3%

Value ($000) $56,840 Shares 500,000 Est. Cost $113.68 Unrealized —

BRK/B Berkshire Hathaway Inc Del Cl B Frmly 3.1%

Value ($000) $53,404 Shares 200,000 Est. Cost $284.56 Unrealized 0.0%

V Visa Inc Com 3.1%

Value ($000) $53,295 Shares 300,000 Est. Cost $198.34 Unrealized 0.0%

BRK/A Berkshire Hathaway Inc Del Cl A Frmly 2.9%

Value ($000) $48,776 Shares 120 Est. Cost $428128.38 Unrealized 0.0%

— Pacwest Bancorp 2.7%

Value ($000) $45,878 Shares 2,030,000 Est. Cost $22.60 Unrealized —

TCBK TriCo Bancshares 2.6%

Value ($000) $44,685 Shares 1,000,800 Est. Cost $46.90 Unrealized 0.0%

— KKR & Co. 2.5%

Value ($000) $43,000 Shares 1,000,000 Est. Cost $43.00 Unrealized —

USB US Bancorp Del Com New 2.4%

Value ($000) $40,320 Shares 1,000,000 Est. Cost $39.22 Unrealized 0.0%

GBCI Glacier Bancorp 2.3%

Value ($000) $38,780 Shares 789,353 Est. Cost $45.13 Unrealized 0.0%

CG Carlyle Group 2.3%

Value ($000) $38,760 Shares 1,500,000 Est. Cost $29.10 Unrealized 0.0%

GS Goldman Sachs Group Inc 2.1%

Value ($000) $35,166 Shares 120,000 Est. Cost $297.04 Unrealized 0.0%

SCHW Schwab Charles 1.8%

Value ($000) $31,154 Shares 433,479 Est. Cost $66.19 Unrealized 0.0%

AX AXOS Financial Inc 1.7%

Value ($000) $29,667 Shares 866,721 Est. Cost $40.47 Unrealized 0.0%

RJF Raymond James Financial Inc 1.7%

Value ($000) $29,646 Shares 300,000 Est. Cost $96.20 Unrealized 0.0%

MKL Markel 1.6%

Value ($000) $27,105 Shares 25,000 Est. Cost $1220.12 Unrealized 0.0%

WBS Webster Financial Corp 1.5%

Value ($000) $26,159 Shares 578,750 Est. Cost $46.28 Unrealized 0.0%

FSBC Five Star Bancorp 1.5%

Value ($000) $24,999 Shares 881,495 Est. Cost $23.64 Unrealized 0.0%

MA Mastercard Inc 1.4%

Value ($000) $24,168 Shares 85,000 Est. Cost $325.17 Unrealized 0.0%

JLL Jones Lange Lasalle Inc. 1.3%

Value ($000) $22,660 Shares 150,000 Est. Cost $174.25 Unrealized 0.0%

— Southern States Bancshares 1.3%

Value ($000) $21,800 Shares 800,000 Est. Cost $27.25 Unrealized —

TSBK Timberland Bancorp Inc 0.3%

Value ($000) $4,824 Shares 174,476 Est. Cost $23.23 Unrealized 0.0%

CCNE CNB Financial Corp PA 0.3%

Value ($000) $4,714 Shares 200,000 Est. Cost $22.98 Unrealized 0.0%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
WAL	Western Alliance Bancorp	2,400,000	$157,776	9.2%	$69.67	0.0%	COM	957638109
SBNY	Signature Bank New York	1,000,000	$151,000	8.8%	$151.00	—	COM	82669G104
ACGL	Arch Capital Group LTD	3,000,000	$136,620	8.0%	$42.96	0.0%	COM	G0450A105
GPN	Global Payments Inc.	1,100,000	$118,855	7.0%	$119.23	0.0%	COM	37940X102
GOOG	Alphabet Inc	1,000,000	$96,150	5.6%	$110.83	0.0%	Class C	02079K107
CB	Chubb Limited	450,000	$81,846	4.8%	$181.71	0.0%	COM	H1467J104
SFBS	Servisfirst Bancshares Inc	1,000,000	$80,000	4.7%	$79.18	0.0%	COM	81768T108
STT	State Street Corp	1,200,000	$72,972	4.3%	$60.70	0.0%	COM	857477103
META	Meta Platforms	500,000	$67,840	4.0%	$160.96	0.0%	Cl A	30303M102
BABA	Alibaba	500,000	$56,840	3.3%	$113.68	—	Sponsored ADS	01609W102
BRK/B	Berkshire Hathaway Inc Del Cl B Frmly	200,000	$53,404	3.1%	$284.56	0.0%	CL B	084670702
V	Visa Inc Com	300,000	$53,295	3.1%	$198.34	0.0%	COM	92826C839
BRK/A	Berkshire Hathaway Inc Del Cl A Frmly	120	$48,776	2.9%	$428128.38	0.0%	CL A	084670108
—	Pacwest Bancorp	2,030,000	$45,878	2.7%	$22.60	—	COM	695263103
TCBK	TriCo Bancshares	1,000,800	$44,685	2.6%	$46.90	0.0%	COM	896095106
—	KKR & Co.	1,000,000	$43,000	2.5%	$43.00	—	COM	48248M102
USB	US Bancorp Del Com New	1,000,000	$40,320	2.4%	$39.22	0.0%	COM	902973304
GBCI	Glacier Bancorp	789,353	$38,780	2.3%	$45.13	0.0%	COM	37637Q105
CG	Carlyle Group	1,500,000	$38,760	2.3%	$29.10	0.0%	COM	14316J108
GS	Goldman Sachs Group Inc	120,000	$35,166	2.1%	$297.04	0.0%	COM	38141G104
SCHW	Schwab Charles	433,479	$31,154	1.8%	$66.19	0.0%	COM	808513105
AX	AXOS Financial Inc	866,721	$29,667	1.7%	$40.47	0.0%	COM	05465C100
RJF	Raymond James Financial Inc	300,000	$29,646	1.7%	$96.20	0.0%	COM	754730109
MKL	Markel	25,000	$27,105	1.6%	$1220.12	0.0%	COM	570535104
WBS	Webster Financial Corp	578,750	$26,159	1.5%	$46.28	0.0%	COM	947890109
FSBC	Five Star Bancorp	881,495	$24,999	1.5%	$23.64	0.0%	COM	33830T103
MA	Mastercard Inc	85,000	$24,168	1.4%	$325.17	0.0%	COM	57636Q104
JLL	Jones Lange Lasalle Inc.	150,000	$22,660	1.3%	$174.25	0.0%	COM	48020Q107
—	Southern States Bancshares	800,000	$21,800	1.3%	$27.25	—	COM	843878307
TSBK	Timberland Bancorp Inc	174,476	$4,824	0.3%	$23.23	0.0%	COM	887098101
CCNE	CNB Financial Corp PA	200,000	$4,714	0.3%	$22.98	0.0%	COM	126128107