DAVIS NEW YORK VENTURE FUND	Schedule of Investments
	October 31, 2021 (Unaudited)

						Shares/Units		Value
COMMON STOCK – (97.22%)
	COMMUNICATION SERVICES – (11.82%)
		Media & Entertainment – (11.82%)
				Alphabet Inc., Class A *			105,777	$	313,197,235
				Alphabet Inc., Class C *			70,752		209,808,688
				ASAC II L.P. *(a)(b)			4,156,451		4,251,219
				IAC/InterActiveCorp *			898,020		136,831,307
				Liberty TripAdvisor Holdings, Inc., Series A *			191,516		591,784
				Meta Platforms, Inc., Class A *			929,247		300,676,452
				Vimeo, Inc. *			1,457,935		49,176,148
					Total Communication Services				1,014,532,833
	CONSUMER DISCRETIONARY – (10.17%)
		Retailing – (10.17%)
				Amazon.com, Inc. *			82,901		279,577,820
				Coupang, Inc., Class A (South Korea)*			2,195,957		65,351,680
				JD.com, Inc., Class A, ADR (China)*			4,210,000		329,558,800
				Naspers Ltd. - N (South Africa)			85,469		14,492,745
				Prosus N.V., Class N (Netherlands)			1,573,601		138,632,281
				Vroom, Inc. *			2,393,952		45,796,302
					Total Consumer Discretionary				873,409,628
	CONSUMER STAPLES – (1.18%)
		Food & Staples Retailing – (0.03%)
				Missfresh Ltd., Class B, ADS (China)*			585,040		2,310,908
		Food, Beverage & Tobacco – (1.15%)
				Darling Ingredients Inc. *			1,174,379		99,258,513
					Total Consumer Staples				101,569,421
	FINANCIALS – (50.56%)
		Banks – (23.69%)
				Danske Bank A/S (Denmark)			7,584,377		128,350,995
				DBS Group Holdings Ltd. (Singapore)			12,604,195		294,705,427
				DNB Bank ASA (Norway)			4,978,670		118,339,106
				JPMorgan Chase & Co.			1,733,054		294,428,544
				U.S. Bancorp			7,257,320		438,124,409
				Wells Fargo & Co.			14,861,522		760,315,466
									2,034,263,947
		Diversified Financials – (20.45%)
			Capital Markets – (3.63%)
				Bank of New York Mellon Corp.			5,264,917		311,683,086
			Consumer Finance – (10.39%)
				American Express Co.			1,318,601		229,146,482
				Capital One Financial Corp.			4,391,983		663,321,192
									892,467,674
			Diversified Financial Services – (6.43%)
				Berkshire Hathaway Inc., Class A *			1,275		551,950,050
									1,756,100,810
		Insurance – (6.42%)
			Life & Health Insurance – (3.98%)
				AIA Group Ltd. (Hong Kong)			14,313,990		161,619,950
				Ping An Insurance (Group) Co. of China Ltd. - H (China)			25,140,800		180,627,302
									342,247,252

DAVIS NEW YORK VENTURE FUND	Schedule of Investments - (Continued)
	October 31, 2021 (Unaudited)

							Shares		Value
COMMON STOCK – (CONTINUED)
	FINANCIALS – (CONTINUED)
		Insurance – (Continued)
			Property & Casualty Insurance – (2.44%)
				Chubb Ltd.				686,010	$	134,032,634
				Loews Corp.				604,169		33,875,756
				Markel Corp. *				31,506		41,371,473
										209,279,863
										551,527,115
						Total Financials				4,341,891,872
	HEALTH CARE – (6.87%)
		Health Care Equipment & Services – (4.39%)
				Cigna Corp.				1,204,769		257,350,706
				Quest Diagnostics Inc.				815,580		119,710,832
										377,061,538
		Pharmaceuticals, Biotechnology & Life Sciences – (2.48%)
				Viatris Inc.				15,914,700		212,461,245
						Total Health Care				589,522,783
	INDUSTRIALS – (3.40%)
		Capital Goods – (0.92%)
				Orascom Construction PLC (United Arab Emirates)				1,456,501		6,685,340
				Raytheon Technologies Corp.				807,239		71,731,257
										78,416,597
		Commercial & Professional Services – (0.01%)
				China Index Holdings Ltd., Class A, ADR (China)*				501,229		766,881
		Transportation – (2.47%)
				DiDi Global Inc., Class A, ADS (China)*(a)				27,683,628		212,236,534
						Total Industrials				291,420,012
	INFORMATION TECHNOLOGY – (11.93%)
		Semiconductors & Semiconductor Equipment – (11.93%)
				Applied Materials, Inc.				3,353,180		458,212,047
				Intel Corp.				5,848,000		286,552,000
				Texas Instruments Inc.				1,493,450		279,992,006
						Total Information Technology				1,024,756,053
	MATERIALS – (1.29%)
				OCI N.V. (Netherlands)*				2,665,534		75,493,245
				Teck Resources Ltd., Class B (Canada)				1,275,462		35,585,390
						Total Materials				111,078,635
					TOTAL COMMON STOCK – (Identified cost $4,418,664,378)					8,348,181,237
PREFERRED STOCK – (0.85%)
	CONSUMER DISCRETIONARY – (0.85%)
	Retailing – (0.85%)
				Chengxin Technology, Inc., Series A-1 (China)*(a)(b)				7,035,470		63,319,230
				Full Trillion Development Ltd., Class A (China)*(a)(b)				1,114,530		10,030,770
						Total Consumer Discretionary				73,350,000
					TOTAL PREFERRED STOCK – (Identified cost $81,500,000)					73,350,000

DAVIS NEW YORK VENTURE FUND	Schedule of Investments - (Continued)
	October 31, 2021 (Unaudited)

							Principal			Value
SHORT-TERM INVESTMENTS – (1.94%)
			Nomura Securities International, Inc. Joint Repurchase Agreement, 0.02%, 11/01/21, dated 10/29/21, repurchase value of $74,587,124 (collateralized by: U.S. Government agency obligations in a pooled cash account, 0.125%-1.625%, 04/30/23-04/30/28, total market value $76,078,740)					$	74,587,000	$	74,587,000
			StoneX Financial Inc. Joint Repurchase Agreement, 0.04%, 11/01/21, dated 10/29/21, repurchase value of $54,453,182 (collateralized by: U.S. Government agency mortgages and obligations in a pooled cash account, 0.00%-8.50%, 10/31/21-10/15/56, total market value $55,542,060)						54,453,000		54,453,000
			Truist Securities, Inc. Joint Repurchase Agreement, 0.04%, 11/01/21, dated 10/29/21, repurchase value of $37,293,124 (collateralized by: U.S. Government agency mortgages and obligation in a pooled cash account, 2.00%-2.50%, 04/01/36-10/01/51, total market value $38,038,860)						37,293,000		37,293,000
					TOTAL SHORT-TERM INVESTMENTS – (Identified cost $166,333,000)						166,333,000
				Total Investments – (100.01%) – (Identified cost $4,666,497,378)							8,587,864,237
				Liabilities Less Other Assets – (0.01%)							(679,365)
						Net Assets – (100.00%)				$	8,587,184,872

	ADR: American Depositary Receipt

	ADS: American Depositary Share

	*	Non-income producing security.

	(a)	Restricted securities are not registered under the Securities Act of 1933 and may have contractual restrictions on resale. They are fair valued under methods approved by the Board of Directors. The aggregate value of restricted securities amounted to $289,837,753 or 3.38% of the Fund's net assets as of October 31, 2021.

	(b)	The value of this security was determined using significant unobservable inputs.

DAVIS NEW YORK VENTURE FUND	Notes to Schedule of Investments
	October 31, 2021 (Unaudited)

Security Valuation - The Fund calculates the net asset value of its shares as of the close of the New York Stock Exchange (“Exchange”), normally 4:00 P.M. Eastern time, on each day the Exchange is open for business. Securities listed on the Exchange (and other national exchanges including NASDAQ) are valued at the last reported sales price on the day of valuation. Listed securities for which no sale was reported on that date are valued at the last quoted bid price. Securities traded on foreign exchanges are valued based upon the last sales price on the principal exchange on which the security is traded prior to the time when the Fund’s assets are valued. Securities (including restricted securities) for which market quotations are not readily available or securities whose values have been materially affected by what Davis Selected Advisers, L.P. (“Adviser”), the Fund’s investment adviser, identifies as a significant event occurring before the Fund’s assets are valued, but after the close of their respective exchanges will be fair valued using a fair valuation methodology applicable to the security type or the significant event as previously approved by the Fund’s Pricing Committee and Board of Directors. The Pricing Committee considers all facts it deems relevant that are reasonably available, through either public information or information available to the Adviser’s portfolio management team, when determining the fair value of a security. To assess the appropriateness of security valuations, the Adviser may consider (i) comparing prior day prices and/or prices of comparable securities; (ii) comparing sale prices to the prior or current day prices and challenge those prices exceeding certain tolerance levels with the third-party pricing service or broker source; (iii) new rounds of financing; (iv) the performance of the market or the issuer’s industry; (v) the liquidity of the security; (vi) the size of the holding in a fund; and/or (vii) any other appropriate information. The determination of a security’s fair value price often involves the consideration of a number of subjective factors and is therefore subject to the unavoidable risk that the value assigned to a security may be higher or lower than the security’s value would be if a reliable market quotation of the security was readily available. Fair value determinations are subject to review, approval, and ratification by the Fund’s Board of Directors at its next regularly scheduled meeting covering the period in which the fair valuation was determined. Fair valuation methods used by the Fund may include, but are not limited to, valuing securities initially at cost (excluding commissions) and subsequently adjusting the value due to: additional transactions by the issuer, changes in company specific fundamentals and changes in the value of similar securities. Values may be further adjusted for any discounts related to security-specific resale restrictions.

Short-term investments purchased within 60 days to maturity are valued at amortized cost, which approximates market value.

The Fund’s valuation procedures are reviewed and subject to approval by the Board of Directors. There have been no significant changes to the fair valuation procedures during the period.

Fair Value Measurements - Fair value is defined as the price that the Fund would receive upon selling an investment in an orderly transaction to an independent buyer in the principal market for the investment. Various inputs are used to determine the fair value of the Fund’s investments. These inputs are summarized in the three broad levels listed below.

Level 1 –	quoted prices in active markets for identical securities
Level 2 –	other significant observable inputs (including quoted prices for similar investments, interest rates, prepayment speeds, credit risk, etc.)
Level 3 –	significant unobservable inputs (including the Fund’s own assumptions in determining the fair value of investments)

The inputs or methodologies used for valuing securities are not necessarily an indication of the risks associated with investing in those securities nor can it be assured that the Fund can obtain the fair value assigned to a security if it were to sell the security.

DAVIS NEW YORK VENTURE FUND	Notes to Schedule of Investments
	October 31, 2021 (Unaudited)

Fair Value Measurements – (Continued)

The following is a summary of the inputs used as of October 31, 2021 in valuing the Fund’s investments carried at value:

	Investments in Securities at Value
	Valuation Inputs
			Level 2:		Level 3:
			Other Significant		Significant
	Level 1:		Observable		Unobservable
	Quoted Prices		Inputs		Inputs		Total
Common Stock:
Communication Services	$	1,010,281,614	$	–	$	4,251,219	$	1,014,532,833
Consumer Discretionary		873,409,628		–		–		873,409,628
Consumer Staples		101,569,421		–		–		101,569,421
Financials		4,341,891,872		–		–		4,341,891,872
Health Care		589,522,783		–		–		589,522,783
Industrials		79,183,478		212,236,534		–		291,420,012
Information Technology		1,024,756,053		–		–		1,024,756,053
Materials		111,078,635		–		–		111,078,635
Preferred Stock:
Consumer Discretionary		–		–		73,350,000		73,350,000
Short-Term Investments		–		166,333,000		–		166,333,000
Total Investments	$	8,131,693,484	$	378,569,534	$	77,601,219	$	8,587,864,237

The following table reconciles the valuation of assets in which significant unobservable inputs (Level 3) were used in determining fair value during the three months ended October 31, 2021. The net change in unrealized appreciation (depreciation) during the period on Level 3 securities still held at October 31, 2021 was $(8,147,505). There were no transfers of investments into or out of Level 3 of the fair value hierarchy during the period. The cost of purchases or proceeds from sales may include securities received or delivered through corporate actions or exchanges.

	Beginning Balance August 1, 2021		Cost of Purchases		Net Change in Unrealized Appreciation (Depreciation)		Net Realized Gain (Loss)		Proceeds from Sales		Ending Balance October 31, 2021
Investments in Securities:
Common Stock	$	4,248,724	$	–	$	2,495	$	–	$	–	$	4,251,219
Preferred Stock		81,500,000		–		(8,150,000)		–		–		73,350,000
Total Level 3	$	85,748,724	$	–	$	(8,147,505)	$	–	$	–	$	77,601,219

The following table is a summary of those assets in which significant unobservable inputs (Level 3) were used by the Adviser in determining fair value. Note that these amounts exclude any valuations provided by a pricing service or broker.

	Fair Value at		Valuation	Unobservable	Amount	Impact to Valuation from
	October 31, 2021		Technique	Input(s)		an Increase in Input
Investments in Securities:
Common Stock	$	4,251,219	Discounted Cash Flow	Annualized Yield	1.408%	Decrease

Preferred Stock		73,350,000	Market Approach	Adjusted Transaction Price	$9.00	Increase
Total Level 3	$	77,601,219

The significant unobservable inputs listed in the above table are used in the fair value measurement of equity securities, and if changed, would affect the fair value of the Fund’s investments. The transaction price input is attributable to private securities and includes assumptions made from private transactions. The “Impact to Valuation from an Increase in Input” represents the change in fair value measurement resulting from an increase in the corresponding input. A decrease in the input would have the opposite effect.

DAVIS NEW YORK VENTURE FUND	Notes to Schedule of Investments
	October 31, 2021 (Unaudited)

Federal Income Taxes

At October 31, 2021, the aggregate cost of investments and unrealized appreciation (depreciation) for federal income tax purposes were as follows:

Cost	$	4,690,279,372
Unrealized appreciation		4,140,288,179
Unrealized depreciation		(242,703,314)
Net unrealized appreciation	$	3,897,584,865

For information regarding the Fund's other significant accounting policies, please refer to the Fund's most recent Semi-Annual or Annual Shareholder Report.