Davis Selected Advisers

Davis Selected Advisers as of Dec. 31, 2011

Portfolio Holdings for Davis Selected Advisers

Davis Selected Advisers holds 208 positions in its portfolio as reported in the December 2011 quarterly 13F filing

Company (Ticker) Portfolio Weight Valued At Change in Shares Share Count Share Price
Wells Fargo & Co 6.2 $2.8B 103M 27.56
Cvs Corp 5.9 $2.7B 67M 40.78
American Express 5.9 $2.7B 57M 47.17
Costco Wholesale Corp 5.4 $2.5B 30M 83.32
BANK NEW YORK MELLON Corp Com Stk 4.8 $2.2B 111M 19.91
Eog Resources Inc Co m 2 3.7 $1.7B 17M 98.51
Google Inc Co m 3 3.6 $1.7B 2.6M 645.89
D Canadian Natural Res Ources Ca Common Stock 1 3.5 $1.6B 43M 37.37
Occidental Pete Corp 3.4 $1.6B 17M 93.70
Loews Corp 5 3.4 $1.5B 41M 37.65
Bed Bath & Beyond 3.0 $1.4B 23M 57.97
Progressive Corp Ohio 2.8 $1.3B 65M 19.51
Merck & Co 2.7 $1.2B 33M 37.70
Berkshire Hathaway Inc-cl A cl a 0 2.5 $1.1B 9.8k 114750.00
Johnson & Johnson 2.4 $1.1B 17M 65.58
Coca-cola Co/the 2.2 $1.0B 14M 69.97
Express Scripts 2.2 $996M 22M 44.69
Iron Mountain 2.2 $993M 32M 30.80
Monsanto 1.7 $783M 11M 70.07
D Transatlantic Hldgs Inc Com St Common Stock 8 1.7 $772M 14M 54.74
Disney Walt 1.7 $761M 20M 37.50
D Texas Instruments In C Com Stk Common Stock 8 1.6 $746M 26M 29.11
Devon Energy Corp Co m 2 1.4 $621M 10M 62.00
Microsoft Corp 1.2 $575M 22M 25.96
Philip Morris International In Co m 7 1.0 $443M 5.6M 78.47
Hewlett Packard 0.9 $419M 16M 25.76
Lockheed Martin Corp 0.9 $414M 5.1M 80.90
Harley-davidson Inc C ommon stock 4 0.8 $347M 8.9M 38.87
D Potash Corp Of Saska Tchewan I Common Stock 7 0.7 $333M 8.1M 41.28
Kraft Foods Inc cl a 5 0.7 $329M 8.8M 37.37
Ace Ltd Sh s h 0.7 $323M 4.6M 70.12
Ameriprise Financial Inc Commo 0.7 $317M 6.4M 49.63
Carmax 0.7 $301M 9.9M 30.48
Brookfield Asset Manage-cl A claltdvtsh 1 0.6 $290M 11M 27.48
Diageo P L C spon adr new 2 0.6 $269M 3.1M 87.41
Praxair 0.6 $269M 2.5M 106.89
SEALED AIR CORP NEW Com Stk 0.6 $271M 16M 17.21
INC Air Prods & Chems 0.6 $268M 3.1M 85.20
Berkshire Hath-cl B 0.6 $267M 3.5M 76.30
Activision Blizzard 0.6 $261M 21M 12.32
Transocean Ltd reg shs h 0.5 $242M 6.3M 38.40
Baxter Intl Inc Com Stk 0.5 $234M 4.7M 49.49
Visa Inc Co m 9 0.5 $229M 2.3M 101.56
Ecolab Inc C om 2 0.5 $227M 3.9M 57.81
D Schwab Charles Corp New Com St Common Stock 8 0.5 $221M 20M 11.26
Agilent Technologies 0.5 $216M 6.2M 34.94
Paccar 0.4 $197M 5.2M 37.47
D Goldman Sachs Group Inc Medium Common Stock 3 0.4 $191M 2.1M 90.40
BECTON DICKINSON & CO Com Stk 0.4 $186M 2.5M 74.70
D Liberty Media Hldg C Orp Com S Common Stock 5 0.4 $182M 11M 16.21
D Martin Marietta Mate Rials Inc Common Stock 5 0.4 $179M 2.4M 75.43
Unilever Nv 0.4 $178M 5.2M 34.36
Netflix Inc Com Stk Comm on stock 6 0.4 $175M 2.5M 69.27
Intel Corp 0.4 $163M 6.7M 24.25
Everest Reins Hldgs 0.4 $165M 2.0M 84.11
America Movil Sab De Cv S pon adr l shs 0 0.3 $137M 6.1M 22.60
Markel Corp 0.3 $131M 316k 414.47
Expedia 0.3 $134M 4.6M 29.02
Grupo Televisa Sa De Cd Gdr 4 0.3 $128M 6.1M 21.06
Tripadvisor Inc Co mmon stock 8 0.2 $117M 4.6M 25.20
Jpmorgan Chase & Co Co m 4 0.2 $107M 3.2M 33.25
Oracle Corp 0.2 $102M 4.0M 25.65
Schlumberger 0.2 $99M 1.5M 68.27
ALEXANDRIA REAL ESTATE Equitie Com Reit 0.2 $98M 1.4M 68.97
Pfizer 0.2 $86M 4.0M 21.64
Simon Property Group Inc Co m 8 0.2 $89M 692k 128.94
Hunter Douglas N.v. foreign 5 0.2 $84M 2.2M 37.68
Cme Group Inc Co m 1 0.2 $78M 321k 243.68
Ventas 0.2 $80M 1.5M 55.13
Dct Industrial Tru 0.2 $73M 14M 5.12
Plum Creek Timber 0.1 $71M 1.9M 36.56
Entertainment Pptys Tr Com Sh 0.1 $71M 1.6M 43.71
Aon Corp 0.1 $63M 1.3M 46.82
Digital Realty Trust Inc reit 2 0.1 $66M 995k 66.67
Amer Cmps Comm 0.1 $61M 1.5M 41.96
Macerich Co/the reit 5 0.1 $61M 1.2M 50.60
D Brandywine Realty Tr Ust Com R Reits/rics 1 0.1 $55M 5.8M 9.50
Essex Prop Trust 0.1 $47M 338k 140.51
D Liberty Property Tru St Com Re Reits/rics 5 0.1 $42M 1.4M 30.88
D Cbl & Associates Pro Perties I Reits/rics 1 0.1 $41M 2.6M 15.70
Hcp 0.1 $39M 942k 41.43
Eastgroup Ppty 0.1 $41M 951k 43.48
Vornado Realty Trust Co m 9 0.1 $38M 489k 76.86
Kimco Rlty Corp 0.1 $35M 2.2M 16.24
Highwoods Properti 0.1 $38M 1.3M 29.67
Regency Centers Com Usd0.01 0.1 $35M 931k 37.62
Forest City Enterprises Inc cl a 3 0.1 $33M 2.8M 11.82
Alleghany Corp Del 0.1 $32M 111k 285.29
Nielsen Holdings Nv 0.1 $33M 1.1M 29.69
Bk Of America Corp 0.1 $25M 4.5M 5.57
Dupont Fabros Tech 0.1 $27M 1.1M 24.22
Exxon Mobil Corp 0.1 $22M 261k 84.76
Sigma-aldrich C om 8 0.1 $25M 394k 62.46
Lexington Realty T 0.1 $23M 3.0M 7.49
Corp Office Props 0.1 $22M 1.0M 21.26
Tyson Foods Inc 3.25% 10/15/13 bond 9 0.1 $22M 16M 1.33
Us Bancorp Del 0.0 $19M 695k 27.05
Intl Business Machines 0.0 $17M 93k 183.88
Medtronic 0.0 $16M 424k 38.25
Sherwin Williams 0.0 $19M 208k 89.27
Idexx Laboratories 0.0 $21M 268k 76.96
Kohl's Corp Co m 5 0.0 $18M 363k 49.35
News Corp Co m 6 0.0 $19M 1.1M 17.84
Boston Properties 0.0 $17M 169k 99.60
Public Storage 0.0 $19M 143k 134.46
Quanta Services Com Stk Usd0.00001 0.0 $16M 759k 21.54
Biomed Realty Tst 0.0 $19M 1.1M 18.08
Coresite Realty 0.0 $18M 989k 17.82
Equity Residential Pptys Tr sh ben int 2 0.0 $15M 268k 57.03
Wal Mart Stores 0.0 $16M 263k 59.76
BLOUNT INTL INC NEW COM Stk 0.0 $12M 822k 14.52
Procter & Gamble 0.0 $15M 228k 66.71
D Nabors Industries Lt D Com Stk Common Stock g 0.0 $12M 678k 17.34
Avalonbay Cmntys 0.0 $16M 121k 130.60
CORP Emerson Electric 0.0 $14M 299k 46.59
Eli Lilly & Co Co m 5 0.0 $14M 338k 41.56
3m Co Co m 8 0.0 $13M 157k 81.73
Rayonier 0.0 $13M 297k 44.63
Tenaris S A sponsored adr 8 0.0 $13M 350k 37.18
Valeant Pharmaceuticals Inte 0.0 $13M 267k 46.69
Youku.com 0.0 $13M 848k 15.67
Post Properties 0.0 $15M 341k 43.72
Ddr Corp 0.0 $12M 1.0M 12.17
Bankrate 0.0 $13M 592k 21.50
Allegheny Tech. 4.25% 6/1/14 bond 0 0.0 $14M 9.8M 1.40
Best Buy Cmpy, Inc. 2.25% 1/15/22 bond 0 0.0 $13M 13M 1.00
Us Steel Corp. 4% 05/15/14 bond 9 0.0 $12M 11M 1.11
Chubb Corp 0.0 $8.4M 121k 69.22
D Freeport Mcmoran Cop Per & Gol Common Stock 3 0.0 $7.4M 201k 36.79
D Universal Health Ser Vices Inc Common Stock 9 0.0 $11M 284k 38.86
D Automatic Data Proce Ssing Inc Common Stock 0 0.0 $8.7M 161k 54.01
D Sl Green Realty Corp Oration C Reits/rics 7 0.0 $8.7M 131k 66.64
Deere & Company 0.0 $11M 146k 77.35
General Electric 0.0 $8.7M 488k 17.91
Sysco Corp 0.0 $7.5M 256k 29.33
Fedex Corp Co m 3 0.0 $10M 120k 83.51
ADRS Abb Ltd- Spon Adr 0 0.0 $9.5M 507k 18.83
Kellogg 0.0 $11M 212k 50.57
Sap Ag C ommon stock 8 0.0 $8.6M 162k 52.95
Netease.com Inc - 0.0 $7.1M 158k 44.85
Whole Foods Market 0.0 $11M 155k 69.58
Udr Inc Com Usd0.01 0.0 $11M 428k 25.10
Waste Connection I 0.0 $11M 344k 33.14
Pentair Ord 7 0.0 $7.4M 222k 33.29
Aes Trust Iii,6.75%,10/15/29 preferred 0 0.0 $8.0M 164k 49.09
Citigroup Inc. 7.5% 12/15/12 preferred 1 0.0 $11M 140k 81.00
Education Realty Trust 0.0 $9.6M 938k 10.23
Groupon 0.0 $10M 501k 20.63
School Specialty Conv. Bond 3.75 bond 8 0.0 $8.1M 11M 0.72
United Rental 4% Cv bond 9 0.0 $8.7M 3.2M 2.75
Wells Fargo & Co. Warrants warrant 9 0.0 $7.4M 863k 8.58
Conocophillips 0.0 $2.8M 38k 72.88
LAUDER ESTEE COS Inc cl a 5 0.0 $3.1M 28k 112.31
Amazon 0.0 $3.5M 20k 173.11
Du Pont E I De Nemours 0.0 $2.3M 51k 45.77
Fairchild Semiconductor cl a 3 0.0 $6.0M 497k 12.04
Tyson Foods Inc cl a 9 0.0 $4.4M 214k 20.64
D Price T Rowe Group I Nc Com St Common Stock 7 0.0 $4.3M 76k 56.95
D Toronto Dominion Bk Cad Com Np Common Stock 8 0.0 $6.1M 82k 74.81
D Allegheny Technologi Es Inc Co Common Stock 0 0.0 $3.1M 65k 47.80
Western Un 0.0 $4.7M 256k 18.26
Noble Energy Inc Co m 6 0.0 $2.3M 25k 94.40
At&t Inc Co m 0 0.0 $2.7M 88k 30.24
Aes Corp 0.0 $6.7M 569k 11.84
Ishares S&p 500 Bar Value 0.0 $6.7M 115k 57.83
United States Steel Corp 0.0 $3.0M 114k 26.46
BANCO SANTANDER BRASIL Sa/braz adr 0 0.0 $6.2M 760k 8.14
Intl Rectifier Cp 0.0 $5.9M 301k 19.42
Techne 0.0 $2.3M 34k 68.25
Cubesmart Com Usd0.01 0.0 $5.6M 529k 10.64
Federal Realty Investment Tr 3 0.0 $5.8M 64k 90.74
Icici Bk Ltd 4 0.0 $5.7M 216k 26.43
Mas 0.0 $5.7M 546k 10.48
Ltd Prologis Inc reit 7 0.0 $3.6M 126k 28.59
Rpx 0.0 $5.4M 426k 12.65
Sinovac Biotech Ltd. foreign p 0.0 $5.8M 2.6M 2.20
Transocean Inc. Series C bond 8 0.0 $4.6M 4.7M 0.98
Vale Sa-sp Pref adr 9 0.0 $4.2M 205k 20.60
Boeing 0.0 $1.6M 21k 73.35
Bp Plc-spons 0.0 $352k 8.2k 42.77
Cemex Sab-spons Adr Part Cer sponadr5ord 1 0.0 $190k 35k 5.38
Colgate-palmolive 0.0 $513k 5.6k 92.42
Washington Post Co cl b 9 0.0 $999k 2.7k 376.70
Autodesk Inc Com Stk 0.0 $758k 25k 30.32
Apache Corp Com Stk 0.0 $264k 2.9k 90.57
Home Depot 0.0 $1.1M 27k 42.03
Target Corp 0.0 $423k 8.3k 51.27
Applied Materials 0.0 $1.0M 95k 10.71
Ishares Russell 3000 index fund 4 0.0 $244k 3.3k 74.28
Dominion Resources Inc/va Co m 2 0.0 $370k 7.0k 53.08
Mead Johnson Nutrition Co Co m 5 0.0 $382k 5.6k 68.64
PNC Financial Services Group I Co m 6 0.0 $211k 3.7k 57.73
Novartis 0.0 $1.9M 33k 57.16
Siemens Ag-spon Adr 8 0.0 $241k 2.5k 95.45
Cooper Industries Plc shs g 0.0 $1.6M 30k 54.16
Dell Inc 2 0.0 $156k 11k 14.64
Spectra Energy Corp 0.0 $420k 14k 30.77
Ishares Tr Barclays Agg Bnd In 0.0 $1.1M 9.9k 110.25
Republic Svcs 0.0 $266k 9.7k 27.56
Citigroup 0.0 $926k 35k 26.32
Cninsure Inc sponsored adr 1 0.0 $1.6M 226k 6.92
Nordstrom 0.0 $1.5M 30k 49.70
Carefusion Corp 1 0.0 $219k 8.6k 25.42
Tjx Companies Inc 8 0.0 $735k 11k 64.53
Forest City Ent Fce 5 bond 3 0.0 $1.3M 1.1M 1.12
Midway Gold 0.0 $53k 25k 2.12
School Specialty 0.0 $1.5M 594k 2.50
First Marblehead 0.0 $2.2M 1.9M 1.17