Vice President

0001140361-18-006809.txt : 20180213 0001140361-18-006809.hdr.sgml : 20180213 20180213110000 ACCESSION NUMBER: 0001140361-18-006809 CONFORMED SUBMISSION TYPE: 13F-HR PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20171231 FILED AS OF DATE: 20180213 DATE AS OF CHANGE: 20180213 EFFECTIVENESS DATE: 20180213 FILER: COMPANY DATA: COMPANY CONFORMED NAME: DAVIS SELECTED ADVISERS CENTRAL INDEX KEY: 0001036325 IRS NUMBER: 850360310 STATE OF INCORPORATION: CO FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 13F-HR SEC ACT: 1934 Act SEC FILE NUMBER: 028-04121 FILM NUMBER: 18600669 BUSINESS ADDRESS: STREET 1: 2949 E. ELVIRA ROAD STREET 2: SUITE 101 CITY: TUCSON STATE: AZ ZIP: 85756 BUSINESS PHONE: (520)806-7600 MAIL ADDRESS: STREET 1: 2949 E. ELVIRA ROAD STREET 2: SUITE 101 CITY: TUCSON STATE: AZ ZIP: 85756 13F-HR 1 primary_doc.xml 13F-HR LIVE false true false 0001036325 XXXXXXXX 12-31-2017 12-31-2017 DAVIS SELECTED ADVISERS

2949 E. ELVIRA ROAD SUITE 101 TUCSON AZ 85756

13F HOLDINGS REPORT 028-04121 N Randi Jean Roessler Vice President 520-434-3758 Randi Jean Roessler Tucson AZ 02-13-2018 0 143 23541692 false INFORMATION TABLE 2 form13fInfoTable.xml 58.com, Inc. ADR ADR 31680Q104 2153 30086 SH SOLE 30086 0 0 Acadia Realty Trust Common 004239109 19445 710700 SH SOLE 312140 0 398560 Adient PLC Common G0084W101 594262 7550983 SH SOLE 7382737 0 168246 Aetna Inc. Common 00817Y108 587256 3255479 SH SOLE 3181799 0 73680 Air Products & Chemicals, Inc. Common 009158106 309 1883 SH SOLE 0 0 1883 Alexandria Real Estate Equities, Inc. Common 015271109 12772 97800 SH SOLE 46046 0 51754 Alibaba Group Holding Ltd. ADR ADR 01609W102 602200 3492429 SH SOLE 3445798 0 46631 Alleghany Corporation Common 017175100 47561 79789 SH SOLE 79789 0 0 Alphabet Inc., Class A Common 02079K305 738938 701479 SH SOLE 688096 0 13383 Alphabet Inc., Class C Common 02079K107 1218958 1164907 SH SOLE 1149070 0 15837 Amazon.com, Inc. Common 023135106 1738843 1486864 SH SOLE 1460370 0 26494 American Campus Communities, Inc. Common 024835100 10799 263189 SH SOLE 126305 0 136884 American Express Co. Common 025816109 773503 7788769 SH SOLE 7668277 0 120492 American Homes 4 Rent, Class A Common 02665T306 2791 127782 SH SOLE 56532 0 71250 American International Group. Inc. Common 026874784 21766 365316 SH SOLE 365316 0 0 ANGI Homeservices Inc., Class A Common 00183L102 51811 4953268 SH SOLE 4647614 0 305654 Apache Corporation Common 037411105 871847 20650094 SH SOLE 20237158 0 412936 Applied Materials, Inc. Common 038222105 25725 503225 SH SOLE 470306 0 32919 Aptiv PLC Common G6095L109 211805 2496817 SH SOLE 2426581 0 70236 AvalonBay Communities, Inc. Common 053484101 15006 84111 SH SOLE 40221 0 43890 Axalta Coating Systems Ltd. Common G0750C108 309915 9577113 SH SOLE 9368733 0 208380 Baidu, Inc. Class A, ADR ADR 056752108 21834 93223 SH SOLE 93223 0 0 Bank of New York Mellon Corp. Common 064058100 1052207 19535957 SH SOLE 19258818 0 277139 Berkshire Hathaway Inc., Class A Common 084670108 1227600 4125 SH SOLE 4121 0 4 Berkshire Hathaway Inc., Class B Common 084670702 351498 1773272 SH SOLE 1662872 0 110400 Boston Properties, Inc. Common 101121101 15808 121572 SH SOLE 53012 0 68560 Brandywine Realty Trust Common 105368203 8803 483936 SH SOLE 211765 0 272171 Brixmor Property Group, Inc. Common 11120U105 2853 152870 SH SOLE 65870 0 87000 Brookfield Asset Management Inc., Class A ADR 112585104 31915 733011 SH SOLE 733011 0 0 Brookfield Business Partners, L.P. Partnership G16234109 459 13307 SH SOLE 13307 0 0 Cabot Oil & Gas Corp. Common 127097103 412722 14430824 SH SOLE 13978886 0 451938 Camden Property Trust Common 133131102 12521 136012 SH SOLE 54672 0 81340 Capital One Financial Corp. Common 14040H105 1184825 11898226 SH SOLE 11733257 0 164969 CarMax, Inc. Common 143130102 368 5742 SH SOLE 1442 0 4300 CatchMark Timber Trust Inc., Class A Common 14912Y202 14627 1114015 SH SOLE 486628 0 627387 Cedar Realty Trust, Inc. Common 150602209 3373 554706 SH SOLE 241396 0 313310 Charles Schwab Corp. Common 808513105 43498 846768 SH SOLE 846768 0 0 Chubb Ltd. Common H1467J104 209968 1436856 SH SOLE 1420096 0 16760 CommerceHub, Inc., Series A Common 20084V108 1912 86955 SH SOLE 86893 0 62 CommerceHub, Inc., Series C Common 20084V306 3585 174105 SH SOLE 173970 0 135 Concho Resources Inc. Common 20605P101 20566 136907 SH SOLE 123128 0 13779 Costco Wholesale Corp. Common 22160K105 2529 13590 SH SOLE 13590 0 0 Cousins Properties, Inc. Common 222795106 11563 1250085 SH SOLE 566505 0 683580 Crown Castle International Corp. Common 22822V101 9509 85655 SH SOLE 37485 0 48170 Ctrip.com International, Ltd. ADR ADR 22943F100 11333 256991 SH SOLE 256991 0 0 CubeSmart Common 229663109 10701 370025 SH SOLE 162395 0 207630 CyrusOne, Inc. Common 23283R100 8652 145345 SH SOLE 64277 0 81068 Davis Select Financial ETF 23908L108 43458 1814550 SH SOLE 1814550 0 0 Davis Select U.S. Equity ETF 23908L207 65587 2803000 SH SOLE 2803000 0 0 Davis Select Worldwide ETF 23908L306 43317 1650800 SH SOLE 1650800 0 0 DCT Industrial Trust, Inc. Common 233153204 9937 169061 SH SOLE 87404 0 81657 DDR Corporation Common 23317H102 1667 186013 SH SOLE 109053 0 76960 Delphi Technologies PLC Common G2709G107 36988 704943 SH SOLE 694660 0 10283 Diplomat Pharmacy, Inc. Common 25456K101 36108 1799128 SH SOLE 1701284 0 97844 DowDuPont Inc. Common 26078J100 855 12000 SH SOLE 12000 0 0 DXC Technology Co. Common 23355L106 1074 11319 SH SOLE 11319 0 0 EastGroup Properties, Inc. Common 277276101 8664 98026 SH SOLE 43226 0 54800 Eaton Corporation Plc Common G29183103 26543 335951 SH SOLE 301701 0 34250 Ecolab, Inc. Common 278865100 585 4358 SH SOLE 4358 0 0 Encana Corporation ADR 292505104 818747 61421348 SH SOLE 60160596 0 1260752 EQT Midstream Partners L.P. Partnership 26885B100 17198 235264 SH SOLE 215997 0 19267 Equity Residential Common 29476L107 14097 221058 SH SOLE 82153 0 138905 Essex Property Trust, Inc. Common 297178105 20139 83436 SH SOLE 33265 0 50171 Everest Re Group, Ltd. Common G3223R108 52005 235042 SH SOLE 235042 0 0 Express Scripts Holding Co. Common 30219G108 292342 3916700 SH SOLE 3834713 0 81987 Extra Space Storage, Inc. Common 30225T102 9742 111398 SH SOLE 47418 0 63980 Facebook, Inc. Common 30303M102 599302 3396248 SH SOLE 3331664 0 64584 Fang Holdings Ltd ADR 30711Y102 154384 27667470 SH SOLE 27238803 0 428667 Federal Realty Investment Trust Common 313747206 11355 85496 SH SOLE 36376 0 49120 FedEx Corp. Common 31428X106 405001 1622989 SH SOLE 1590169 0 32820 First Industrial Realty Trust, Inc. Common 32054K103 15308 486422 SH SOLE 174752 0 311670 Forest City Realty Trust, Inc., Class A Common 345605109 12711 527436 SH SOLE 229226 0 298210 GGP Inc. Common 36174X101 8598 367591 SH SOLE 162221 0 205370 Goldman Sachs Group, Inc. Common 38141G104 65541 257264 SH SOLE 257264 0 0 Hollysys Automation Technologies Ltd. ADR G45667105 100914 4531409 SH SOLE 4531409 0 0 Host Hotels & Resorts, Inc. Common 44107P104 10704 539227 SH SOLE 229737 0 309490 HP, Inc. Common 40434L105 438 20830 SH SOLE 20830 0 0 Hudson Pacific Properties Inc. Common 444097109 11485 335314 SH SOLE 146514 0 188800 ICICI Bank Limited ADR ADR 45104G104 6719 690574 SH SOLE 690574 0 0 Intel Corp. Common 458140100 19716 427118 SH SOLE 388859 0 38259 InterXion Holding NV Common N47279109 3787 64266 SH SOLE 64266 0 0 Invitation Homes, Inc. Common 46187W107 2813 119366 SH SOLE 52766 0 66600 iShares Russell 3000 Index Fund ETF 464287689 527 3331 SH SOLE 3219 0 112 iShares S&P 500 Value Index Fund ETF 464287408 17105 149732 SH SOLE 137083 0 12649 JBG SMITH Properties Common 46590V100 6020 173348 SH SOLE 75775 0 97573 JD.com, Inc ADR ADR 47215P106 102737 2480374 SH SOLE 2413380 0 66994 Johnson Controls International PLC Common G51502105 653448 17146373 SH SOLE 16853823 0 292550 JPMorgan Chase & Co. Common 46625H100 1346293 12589233 SH SOLE 12405707 0 183526 Kimco Realty Corp. Common 49446R109 8404 463030 SH SOLE 201910 0 261120 Kite Realty Group Trust Common 49803T300 2738 139687 SH SOLE 60775 0 78912 KKR & Co. L.P. Partnership 48248M102 50909 2417341 SH SOLE 2417341 0 0 Lam Research Corp. Common 512807108 641 3485 SH SOLE 3485 0 0 Liberty Expedia Holdings, Inc. Common 53046P109 15435 348194 SH SOLE 347924 0 270 Liberty Global PLC, LiLAC Class C Common G5480U153 24642 1238925 SH SOLE 1237987 0 938 Liberty Global PLC, Series C Common G5480U120 337128 9962415 SH SOLE 9767893 0 194522 Liberty Interactive Corp., QVC Group, Series A Common 53071M104 49979 2046649 SH SOLE 2011924 0 34725 Liberty Interactive, Liberty Ventures, Series A Common 53071M856 28320 522118 SH SOLE 521723 0 395 Liberty TripAdvisor Holdings, Inc., Series A Common 531465102 4658 494270 SH SOLE 493890 0 380 Life Storage, Inc. Common 53223X107 11756 131991 SH SOLE 57641 0 74350 Loews Corp. Common 540424108 236725 4731662 SH SOLE 4665657 0 66005 Markel Corp. Common 570535104 291617 256000 SH SOLE 253363 0 2637 Marsh & McLennan Co. Common 571748102 24969 306784 SH SOLE 306784 0 0 Microsoft Corp. Common 594918104 295365 3452947 SH SOLE 3388343 0 64604 Monsanto Co. Common 61166W101 3424 29320 SH SOLE 29320 0 0 Moody's Corp. Common 615369105 1061 7190 SH SOLE 7190 0 0 New Oriental Education & Technology ADR ADR 647581107 101234 1076958 SH SOLE 1076958 0 0 Noah Holdings Ltd. ADS ADR 65487X102 63337 1368557 SH SOLE 1368557 0 0 Novartis AG ADR ADR 66987V109 26799 319186 SH SOLE 319186 0 0 Occidental Petroleum Corp. Common 674599105 257094 3490276 SH SOLE 3443655 0 46621 Oracle Corporation Common 68389X105 184029 3892317 SH SOLE 3807386 0 84931 PACCAR, Inc. Common 693718108 225 3167 SH SOLE 0 0 3167 PNC Financial Services Group, Inc. Common 693475105 45621 316173 SH SOLE 316173 0 0 PPG Industries, Inc. Common 693506107 639 5470 SH SOLE 5470 0 0 Praxair, Inc. Common 74005P104 1231 7956 SH SOLE 7819 0 137 Prologis, Inc. Common 74340W103 17080 264760 SH SOLE 117120 0 147640 Public Storage Common 74460D109 20604 98584 SH SOLE 40234 0 58350 Quest Diagnostics Inc. Common 74834L100 13069 132697 SH SOLE 119068 0 13629 Quotient Technology, Inc. Common 749119103 21038 1790438 SH SOLE 1668574 0 121864 Ramco-Gershenson Properties Trust Common 751452202 3050 207051 SH SOLE 90051 0 117000 Regency Centers Corporation Common 758849103 12558 181527 SH SOLE 78827 0 102700 Retail Opportunity Investments Corp. Common 76131N101 12956 649424 SH SOLE 280244 0 369180 Rexford Industrial Realty, Inc. Common 76169C100 11899 408072 SH SOLE 177722 0 230350 SAP AG ADR ADR 803054204 16048 142826 SH SOLE 130332 0 12494 Simon Property Group, Inc. Common 828806109 42321 246427 SH SOLE 106967 0 139460 SL Green Realty Corp. Common 78440X101 11892 117829 SH SOLE 51249 0 66580 State Street Corp. Common 857477103 49561 507740 SH SOLE 507740 0 0 TAL Education Group, Class A, ADR ADR 874080104 46383 1561180 SH SOLE 1561180 0 0 Tarena International, Inc.,Class A, ADR ADR 876108101 65171 4347615 SH SOLE 4347615 0 0 Terreno Realty Corp. Common 88146M101 11473 327249 SH SOLE 137836 0 189413 Texas Instruments, Inc. Common 882508104 527314 5048968 SH SOLE 4950273 0 98695 The Priceline Group, Inc. Common 741503403 121885 70140 SH SOLE 70090 0 50 United Technologies Corp. Common 913017109 969455 7599394 SH SOLE 7460041 0 139353 UnitedHealth Group, Inc. Common 91324P102 14706 66706 SH SOLE 60719 0 5987 US Bancorp Common 902973304 80976 1511316 SH SOLE 1506049 0 5267 Ventas, Inc. Common 92276F100 8352 139182 SH SOLE 63632 0 75550 Vipshop Holdings Ltd. ADS ADR 92763W103 38410 3277318 SH SOLE 3277318 0 0 Visa, Inc., Class A Common 92826C839 79766 699583 SH SOLE 699583 0 0 Vornado Realty Trust Common 929042109 7295 93308 SH SOLE 41032 0 52276 Wells Fargo & Co. Common 949746101 1591838 26237640 SH SOLE 25788937 0 448703 Welltower, Inc. Common 95040Q104 16167 253523 SH SOLE 109483 0 144040 Weyerhaeuser Co. Common 962166104 11196 317539 SH SOLE 141109 0 176430 Xilinx, Inc. Common 983919101 534 7920 SH SOLE 7920 0 0 ZTO Express Cayman, Inc. ADR ADR 98980A105 63862 4029153 SH SOLE 3990233 0 38920