UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F

FORM 13F COVER PAGE
OMB APPROVAL
OMB Number:3235-0006
Expires:July 31, 2015
Estimated average burden
hours per response:23.8
Report for the Calendar Year or Quarter Ended:
03-31-2025
Check here if Amendment: ☐ Amendment Number:
This Amendment (Check only one.):☐ is a restatement.
☐ adds new holdings entries.

Institutional Investment Manager Filing this Report:

Name:
Davis Selected Advisers
Address:
2949 E. Elvira Road
Tucson, AZ 85756
Form 13F File Number:
028-04121

The institutional investment manager filing this report and the person by whom it is signed hereby represent that the person signing the report is authorized to submit it, that all information contained herein is true, correct and complete, and that it is understood that all required items, statements, schedules, lists, and tables, are considered integral parts of this form.


Person Signing this Report on Behalf of Reporting Manager:
Name:
Mirchaela McLoughry
Title:
Chief Compliance Officer
Phone:
520-434-3731


Signature, Place, and Date of Signing:

Michaela McLoughry
                         [Signature]
Tucson, ARIZONA
                 [City, State]
05-12-2025
                           [Date]
                          

Report Type (Check only one.):

☒ 13F HOLDINGS REPORT. (Check here if all holdings of this reporting manager are reported in this report.) 

☐ 13F NOTICE. (Check here if no holdings reported are in this report, and all holdings are reported by other reporting manager(s).) 

☐ 13F COMBINATION REPORT. (Check here if a portion of the holdings for this reporting manager are reported in this report and a portion are reported by other reporting manager(s).)


Form 13F Summary Page

Report Summary:

Number of Other Included Managers:
0
Form 13F Information table Entry Total:
104
Form 13F Information table Value Total:
17349673913
          (thousands)

List of Other Included Managers:

Provide a numbered list of the name(s) and Form 13F file number(s) of all institutional investment managers with respect to which this report is filed, other than the manager filing this report.
[If there are no entries in this list, state "NONE" and omit the column headings and list entries.]

  
NONE


UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F

FORM 13F INFORMATION TABLE
OMB APPROVAL
OMB Number:3235-0006
Expires:July 31, 2015
Estimated average burden
hours per response:23.8
COLUMN 1COLUMN 2COLUMN 3COLUMN 4COLUMN 5COLUMN 6COLUMN 7COLUMN 8
VALUESHRS ORSH/PUT/INVESTMENTOTHERVOTING AUTHORITY
NAME OF ISSUERTITLE OF CLASSCUSIP(x$1000)PRN AMTPRNCALLDISCRETIONMANAGERSOLESHAREDNONE
AGCO CorporationCommon001084102187,664,0142,027,266SHSOLE1,958,396 0 68,870
Alexandria Real Estate Equities, Inc.Common01527110913,998,336151,317SHSOLE82,883 0 68,434
Alphabet Inc., Class ACommon02079K305470,025,6693,039,483SHSOLE2,945,914 0 93,569
Alphabet Inc., Class CCommon02079K107101,033,472646,697SHSOLE632,003 0 14,694
Amazon.com, Inc.Common023135106669,706,4483,519,954SHSOLE3,422,493 0 97,461
American Express Co.Common02581610973,029,574271,435SHSOLE269,883 0 1,552
American Homes 4 Rent - Class ACommon02665T3069,192,367243,120SHSOLE141,150 0 101,970
American Tower CorpCommon03027X10019,353,34488,940SHSOLE50,880 0 38,060
Applied Materials, Inc.Common038222105724,609,0924,993,172SHSOLE4,822,852 0 170,320
AppLovin Corp., Class ACommon03831W10843,193,025163,011SHSOLE155,913 0 7,098
AvalonBay Communities, Inc.Common05348410112,158,22356,650SHSOLE31,320 0 25,330
Bank of America Corp.Common06050510448,246,0561,156,148SHSOLE1,156,148 0 0
Bank of N.T. Butterfield & Son LimitedCommonG0772R20841,583,7241,068,441SHSOLE1,068,441 0 0
Bank of New York Mellon Corp.Common064058100160,245,7701,910,645SHSOLE1,899,241 0 11,404
Berkshire Hathaway Inc., Class ACommon0846701081,243,972,0131,558SHSOLE1,558 0 0
Berkshire Hathaway Inc., Class BCommon084670702361,330,499678,453SHSOLE619,645 0 58,808
Brixmor Property Group, Inc.Common11120U10512,859,758484,360SHSOLE286,680 0 197,680
BXP, Inc.Common10112110113,669,134203,440SHSOLE116,440 0 87,000
Camden Property TrustCommon1331311029,357,17376,510SHSOLE46,390 0 30,120
Capital One Financial Corp.Common14040H1051,613,602,0088,999,453SHSOLE8,828,862 0 170,591
Charles Schwab Corp.Common80851310523,296,598297,606SHSOLE297,606 0 0
Chubb Ltd.CommonH1467J104328,078,6751,086,389SHSOLE1,062,102 0 24,287
Cigna GroupCommon125523100471,539,5791,433,251SHSOLE1,381,504 0 51,747
Clear Secure, Inc.Common18467V10915,071,614581,691SHSOLE553,862 0 27,829
Community Healthcare Trust, Inc.Common20369C1065,479,598301,740SHSOLE171,070 0 130,670
ConocoPhillipsCommon20825C104147,245,1811,402,068SHSOLE1,366,406 0 35,662
Coupang, Inc., Class ACommon22266T109128,970,1115,880,990SHSOLE5,880,990 0 0
Cousins Properties, Inc.Common22279550213,184,583446,935SHSOLE259,930 0 187,005
Crown Castle, Inc.Common22822V1014,273,43041,000SHSOLE22,900 0 18,100
Crown Holdings, Inc.Common228368106764,9588,570SHSOLE8,570 0 0
CVS Health CorporationCommon126650100782,448,61211,549,057SHSOLE11,193,921 0 355,136
Darling Ingredients Inc.Common23726610177,364,8912,476,469SHSOLE2,352,753 0 123,716
Davis Select Financial ETFETF23908L10883,660,9112,129,860SHSOLE2,129,860 0 0
Davis Select International ETFETF23908L40589,899,7593,890,080SHSOLE3,890,080 0 0
Davis Select U.S. Equity ETFETF23908L207143,182,8603,383,338SHSOLE3,383,338 0 0
Davis Select Worldwide ETFETF23908L30672,224,9591,916,287SHSOLE1,916,287 0 0
Digital Realty Trust, Inc.Common2538681039,619,05867,130SHSOLE38,470 0 28,660
Douglas Emmett, IncCommon25960P1094,301,120268,820SHSOLE153,030 0 115,790
Eastgroup Properties, Inc.Common2772761017,882,71344,750SHSOLE25,290 0 19,460
Equinix, Inc.Common29444U70012,534,37615,373SHSOLE9,103 0 6,270
Equity ResidentialCommon29476L1077,147,62199,855SHSOLE59,300 0 40,555
Essex Property Trust, Inc.Common2971781058,501,49327,731SHSOLE16,600 0 11,131
Everest Group, Ltd.CommonG3223R10814,410,39439,662SHSOLE39,662 0 0
Extra Space Storage, Inc.Common30225T1028,432,00556,785SHSOLE34,910 0 21,875
Federal Realty Investment TrustCommon3137451013,221,21332,930SHSOLE18,060 0 14,870
Fifth Third BancorpCommon31677310096,475,8652,461,119SHSOLE2,461,119 0 0
Full Truck Alliance Co. Ltd.ADR35969L10899,853,0237,819,344SHSOLE7,819,344 0 0
Healthpeak Properties, Inc.Common42250P1034,990,417246,806SHSOLE133,970 0 112,836
Highwoods Properties Inc.Common4312841083,828,895129,180SHSOLE68,160 0 61,020
Hudson Pacific Properties Inc.Common4440971096,776,0412,296,963SHSOLE1,298,070 0 998,893
Humana Inc.Common444859102616,873,3582,331,343SHSOLE2,259,647 0 71,696
IAC Inc.Common44891N208122,098,5052,657,782SHSOLE2,577,754 0 80,028
Intel Corp.Common458140100242,60910,683SHSOLE968 0 9,715
iShares S&P 500 Value Index FundETF4642874083,756,71319,712SHSOLE16,866 0 2,846
JD.com Inc., Class A, ADRADR47215P10614,205,356345,461SHSOLE345,461 0 0
Johnson Controls International plcCommonG5150210532,377,578404,164SHSOLE360,813 0 43,351
JPMorgan Chase & Co.Common46625H100156,955,598639,852SHSOLE636,244 0 3,608
KE Holdings Inc., Class A, ADRADR48249710437,378,0081,860,528SHSOLE1,860,528 0 0
Lam Research Corp.Common512807306892,75612,280SHSOLE12,280 0 0
Loews Corp.Common54042410855,060,156599,066SHSOLE599,066 0 0
M & T Bank CorpCommon55261F1049,149,31951,185SHSOLE51,185 0 0
Markel Group, IncCommon570535104694,502,157371,469SHSOLE361,035 0 10,434
Meta Platforms, Inc., Class ACommon30303M1021,273,899,7082,210,250SHSOLE2,158,148 0 52,102
MGM Resorts InternationalCommon552953101616,958,29020,815,057SHSOLE20,228,132 0 586,925
Microsoft Corp.Common59491810496,296,169256,523SHSOLE239,598 0 16,925
Mid-America Apartment Communities, Inc.Common59522J1038,621,99151,450SHSOLE29,050 0 22,400
NetEase Inc. - ADRADR64110W10261,352,053596,114SHSOLE596,114 0 0
NetSTREIT Corp.Common64119V3031,822,116114,960SHSOLE65,820 0 49,140
Noah Holdings Ltd., Class A, ADSADR65487X10215,638,0211,654,817SHSOLE1,654,817 0 0
Oracle CorporationCommon68389X10519,067,288136,380SHSOLE121,837 0 14,543
Owens CorningCommon690742101255,253,9021,787,242SHSOLE1,709,038 0 78,204
PNC Financial Services Group, Inc.Common69347510587,148,172495,808SHSOLE495,808 0 0
Prologis, Inc.Common74340W10319,200,603171,756SHSOLE101,159 0 70,597
Public Storage, Inc.Common74460D10914,892,67049,760SHSOLE27,400 0 22,360
Quest Diagnostics Inc.Common74834L100404,100,6982,388,302SHSOLE2,284,122 0 104,180
Regency Centers CorporationCommon7588491038,714,006118,140SHSOLE66,260 0 51,880
RenaissanceRe Holdings LtdCommonG7496G10334,512,240143,801SHSOLE143,801 0 0
Restaurant Brands International, Inc.Common76131D103224,744,1333,372,511SHSOLE3,309,121 0 63,390
Rexford Industrial Realty, Inc.Common76169C10014,235,723363,620SHSOLE203,610 0 160,010
RHCommon74967X103525,0782,240SHSOLE2,240 0 0
Rocket Companies, Inc., Class ACommon77311W10137,891,2183,139,289SHSOLE3,139,289 0 0
SAP SE - ADRADR80305420420,435,26376,126SHSOLE68,163 0 7,963
Sea Ltd., Class A, ADRADR81141R10067,153,808514,628SHSOLE514,628 0 0
Simon Property Group, Inc.Common82880610911,298,92168,033SHSOLE40,353 0 27,680
Skechers U.S.A., Inc., Class ACommon830566105340,6806,000SHSOLE6,000 0 0
Solventum Corp.Common83444M101402,110,0145,288,138SHSOLE5,125,899 0 162,239
State Street Corp.Common8574771036,509,18972,704SHSOLE72,704 0 0
Sun Communities, Inc.Common8666741043,221,14625,040SHSOLE14,460 0 10,580
Sunstone Hotel Investors, Inc.Common8678921017,450,179791,730SHSOLE469,230 0 322,500
Teck Resources Ltd., Class BCommon878742204407,674,57811,190,628SHSOLE10,830,013 0 360,615
Terreno Realty Corp.Common88146M1016,374,283100,827SHSOLE53,454 0 47,373
Texas Instruments, Inc.Common882508104436,857,0412,431,035SHSOLE2,340,440 0 90,595
Trip.com Group Ltd., ADRADR89677Q107309,189,3504,862,997SHSOLE4,862,997 0 0
Truist Financial Corp.Common89832Q1096,437,136156,431SHSOLE156,431 0 0
Tyson Foods IncCommon902494103298,604,1284,679,582SHSOLE4,573,605 0 105,977
U.S. BancorpCommon902973304628,614,16714,889,014SHSOLE14,481,128 0 407,886
UDR, Inc.Common9026531047,164,414158,610SHSOLE85,950 0 72,660
UnitedHealth Group Inc.Common91324P10225,411,82748,519SHSOLE42,492 0 6,027
Vale S.A., ADRADR91912E10527,280,4592,733,513SHSOLE2,733,513 0 0
Ventas, Inc.Common92276F10017,203,064250,190SHSOLE147,730 0 102,460
Viatris Inc.Common92556V106565,699,13564,948,236SHSOLE62,570,471 0 2,377,765
VICI Properties, Inc.Common9256521094,679,013143,440SHSOLE88,660 0 54,780
Wells Fargo & Co.Common949746101607,964,1588,468,647SHSOLE8,269,884 0 198,763
Wesco International, Inc.Common95082P10540,145,516258,503SHSOLE227,545 0 30,958