Davis Capital Management's Q3 2024 13F: 31 new positions, 14 exits
Form 13F-HR for the quarter ended Sep 30, 2024 · filed Oct 1, 2024 · 335 reported positions · accession 0001811806-24-000004
What changed this quarter
| Activity | Security | Weight before | Weight now | Change | Shares | Shares % |
|---|---|---|---|---|---|---|
| Increased | SCHWAB U.S. BROAD MARKET ETF (SCHB) | 11.7% | 12.0% | +0.2 pts | +13,220 sh | +6% |
| Increased | SCHWAB INTERNATIONAL EQUITY ETF (SCHF) | 4.2% | 4.4% | +0.2 pts | +8,825 sh | +7% |
| Reduced | VANGUARD INFORMATION TECHNOLOGY ETF (VGT) | 0.4% | 0.2% | −0.2 pts | −464 sh | −57% |
| Increased | CHECK POINT SOFTWARE TECH LTD ORD (CHKP) | 0.0% | 0.3% | +0.2 pts | +1,409 sh | +587% |
| Reduced | VANGUARD GROWTH ETF (VUG) | 0.2% | 0.0% | −0.2 pts | −538 sh | −87% |
| Reduced | SCHWAB US DIVIDEND EQUITY ETF (SCHD) | 7.3% | 7.2% | −0.2 pts | −1,627 sh | −1% |
| Reduced | VANGUARD DIVIDEND APPRECIATION ETF (VIG) | 0.2% | 0.1% | −0.1 pts | −677 sh | −61% |
| Increased | SCHWAB U.S. SMALL-CAP ETF (SCHA) | 3.4% | 3.5% | +0.1 pts | +2,566 sh | +3% |
| Increased | SCHWAB U.S. LARGE-CAP GROWTH ETF (SCHG) | 0.0% | 0.1% | +0.1 pts | +1,220 sh | +659% |
| Increased | RIO TINTO PLC SPONSORED ADR (RIO) | 0.7% | 0.8% | +0.1 pts | +1,749 sh | +14% |
| Reduced | EATON CORP PLC SHS (ETN) | 1.3% | 1.2% | −0.1 pts | −347 sh | −7% |
| Increased | SS&C TECHNOLOGIES HLDGS INC COM (SSNC) | 0.3% | 0.4% | +0.1 pts | +1,535 sh | +30% |
| Increased | COSTAR GROUP INC COM (CSGP) | 0.7% | 0.8% | 0.0 pts | +1,404 sh | +12% |
| Reduced | WALT DISNEY COMPANY (DIS) | 0.8% | 0.6% | −0.2 pts | −1,069 sh | −11% |
| Increased | CENTENE CORP DEL COM (CNC) | 0.9% | 1.1% | +0.1 pts | +1,306 sh | +8% |
| Increased | KINDER MORGAN INC DEL COM (KMI) | 1.0% | 1.1% | +0.1 pts | +4,230 sh | +7% |
| Increased | VISA INC COM CL A (V) | 1.5% | 1.5% | 0.0 pts | +337 sh | +5% |
| Increased | GENERAL DYNAMICS CORP COM (GD) | 0.4% | 0.5% | +0.1 pts | +296 sh | +18% |
| Increased | ALPHABET INC. (GOOGL) | 0.2% | 0.3% | 0.0 pts | +539 sh | +35% |
| Reduced | INVESCO BULLETSHARES 2025 MUNICIPAL BOND ETF (BSMP) | 0.5% | 0.4% | −0.1 pts | −3,635 sh | −15% |
| Increased | FIDELITY NATIONAL FINANCIAL IN FNF GROUP COM (FNT) | 0.4% | 0.5% | +0.1 pts | +1,421 sh | +17% |
| Increased | GENPACT LIMITED SHS (G) | 1.1% | 1.3% | +0.2 pts | +2,185 sh | +6% |
| Increased | VOYA FINANCIAL INC COM (VOYA) | 1.2% | 1.2% | +0.1 pts | +1,041 sh | +6% |
| Increased | KENVUE INC COM (KVUE) | 0.5% | 0.7% | +0.2 pts | +3,430 sh | +10% |
| Increased | JOHNSON & JOHNSON (JNJ) | 1.3% | 1.3% | +0.1 pts | +441 sh | +4% |
| Reduced | CONAGRA BRANDS INC COM (CAG) | 0.1% | 0.0% | −0.1 pts | −2,158 sh | −100% |
| Increased | COMCAST CORP NEW CL A (CMCSA) | 1.3% | 1.3% | +0.1 pts | +1,668 sh | +4% |
| Increased | DOW INC COM (DOW) | 1.5% | 1.5% | 0.0 pts | +1,267 sh | +4% |
| Increased | LOWES COS INC COM (LOW) | 0.5% | 0.6% | +0.1 pts | +247 sh | +10% |
| Increased | AKAMAI TECHNOLOGIES INC COM (AKAM) | 0.5% | 0.6% | +0.1 pts | +635 sh | +10% |
| Increased | STARBUCKS CORPORATION (SBUX) | 0.8% | 0.9% | +0.2 pts | +642 sh | +6% |
| Increased | NEXSTAR MEDIA GROUP INC COMMON STOCK (NXST) | 0.8% | 0.8% | 0.0 pts | +372 sh | +6% |
| Exited | SERVICENOW INC COM (NOW) | 0.0% | — | 0.0 pts | −70 sh | −100% |
| Reduced | ISHARES RUSSELL 1000 GROWTH ETF (IWF) | 0.2% | 0.1% | −0.1 pts | −158 sh | −33% |
| Increased | UNITEDHEALTH GROUP INC COM (UNH) | 0.4% | 0.5% | +0.1 pts | +101 sh | +10% |
| Increased | CISCO SYS INC COM (CSCO) | 1.4% | 1.4% | +0.1 pts | +1,089 sh | +3% |
| Increased | ADOBE INC COM (ADBE) | 1.3% | 1.1% | −0.2 pts | +110 sh | +4% |
| Reduced | FEDEX CORP COM (FDX) | 0.9% | 0.7% | −0.2 pts | −206 sh | −6% |
| Increased | NICE LTD SPONSORED ADR (NICE) | 0.7% | 0.7% | 0.0 pts | +324 sh | +7% |
| Exited | PALO ALTO NETWORKS INC COM (PANW) | 0.0% | — | 0.0 pts | −150 sh | −100% |
| New | DIAGEO PLC SPON ADR NEW (DEO) | — | 0.0% | 0.0 pts | +395 sh | new |
| Increased | SCHWAB CHARLES CORP COM (SCHW) | 0.0% | 0.1% | 0.0 pts | +850 sh | +152% |
| Increased | AMAZON COM INC COM (AMZN) | 1.9% | 1.7% | −0.2 pts | +290 sh | +3% |
| Exited | CVS HEALTH CORP COM (CVS) | 0.0% | — | 0.0 pts | −831 sh | −100% |
| Reduced | VANECK SEMICONDUCTOR ETF (SMH) | 0.1% | 0.0% | −0.1 pts | −210 sh | −50% |
| Increased | LOCKHEED MARTIN CORP COM (LMT) | 0.7% | 0.9% | +0.1 pts | +88 sh | +5% |
| Reduced | VANGUARD S&P 500 ETF (VOO) | 0.1% | 0.1% | 0.0 pts | −94 sh | −35% |
| Reduced | BANK NEW YORK MELLON CORP COM (BK) | 1.7% | 1.8% | +0.1 pts | −682 sh | −2% |
| Increased | BERKSHIRE HATHAWAY INC DEL CL B NEW (BRK-B) | 1.0% | 1.1% | +0.1 pts | +97 sh | +3% |
| Increased | MERCK & CO INC COM (MRK) | 0.3% | 0.3% | 0.0 pts | +379 sh | +16% |
The 50 largest of 179 changes, by size of the trade. Full holdings for this quarter.
Reported by the fund in its Form 13F filed with the SEC; holdings are as of the quarter-end report date and may have changed since. For informational purposes only — not investment advice or a recommendation to buy or sell any security. FilingExplorer is not affiliated with or endorsed by this fund. How this brief is compiled
Top 10 positions — 40.0% of the equity book
Changes in the top 10 this quarter: ALL entered · BK entered · SCHH entered · AMZN left · MSFT left · RSG left
| # | Security | Weight before | Weight now | |
|---|---|---|---|---|
| 1 | SCHWAB U.S. BROAD MARKET ETF (SCHB) | 11.7% | 12.0% | |
| 2 | SCHWAB US DIVIDEND EQUITY ETF (SCHD) | 7.3% | 7.2% | |
| 3 | SCHWAB INTERNATIONAL EQUITY ETF (SCHF) | 4.2% | 4.4% | |
| 4 | SCHWAB U.S. SMALL-CAP ETF (SCHA) | 3.4% | 3.5% | |
| 5 | APPLE INC. (AAPL) | 2.8% | 2.7% | |
| 6 | VANGUARD TOTAL STOCK MARKET ETF (VTI) | 2.7% | 2.6% | |
| 7 | ALPHABET INC CAP STK CL C (GOOG) | 2.7% | 2.2% | |
| 8 | ALLSTATE CORP COM (ALL) | 1.8% | 1.9% | Entered the top 10 |
| 9 | BANK NEW YORK MELLON CORP COM (BK) | 1.7% | 1.8% | Entered the top 10 |
| 10 | SCHWAB U.S. REIT ETF (SCHH) | 1.6% | 1.7% | Entered the top 10 |
| — | AMAZON COM INC COM (AMZN) | 1.9% | 1.7% | Left the top 10 |
| — | MICROSOFT CORP COM (MSFT) | 1.9% | 1.6% | Left the top 10 |
| — | REPUBLIC SVCS INC COM (RSG) | 1.8% | 1.7% | Left the top 10 |
Weights are each position's reported value as a share of the fund's reported equity positions (options and principal-amount holdings excluded).