Vice President

0001140361-16-051902.txt : 20160212 0001140361-16-051902.hdr.sgml : 20160212 20160212085414 ACCESSION NUMBER: 0001140361-16-051902 CONFORMED SUBMISSION TYPE: 13F-HR PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20151231 FILED AS OF DATE: 20160212 DATE AS OF CHANGE: 20160212 EFFECTIVENESS DATE: 20160212 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: 161414476 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 12-31-2015 12-31-2015 DAVIS SELECTED ADVISERS

2949 E. ELVIRA ROAD SUITE 101 TUCSON AZ 85756

13F HOLDINGS REPORT 028-04121 N Sharra Haynes Vice President 520-434-3735 Sharra Haynes Tucson AZ 02-03-2015 0 192 23968218 false INFORMATION TABLE 2 form13fInfoTable.xml 58.com Inc ADR ADR 31680Q104 1359 20606 SH SOLE 20606 0 0 Acadia Realty Trust Common 004239109 20771 626576 SH SOLE 292526 0 334050 Ace Limited Common H0023R105 284726 2436683 SH SOLE 2404056 0 32627 Advanced Auto Parts, Inc. Common 00751Y106 113439 753700 SH SOLE 737314 0 16386 AES Trust III,6.75%,10/15/29 Preferred 00808N202 7263 145027 SH SOLE 145027 0 0 Agilent Technologies, Inc. Common 00846U101 2965 70920 SH SOLE 63282 0 7638 Air Products & Chemicals, Inc. Common 009158106 233 1793 SH SOLE 0 0 1793 Alexander & Baldwin, Inc. Common 014491104 8608 243771 SH SOLE 243771 0 0 Alexandria Real Estate Equities, Inc. Common 015271109 8589 95055 SH SOLE 42671 0 52384 Allegheny Technologies, Inc. Common 01741R102 9264 823469 SH SOLE 823469 0 0 Google Inc. Class A Common 02079K305 734031 943472 SH SOLE 924609 0 18863 Google Inc. Class C Common 02079K107 1060238 1397109 SH SOLE 1375849 0 21260 Amazon.Com, Inc. Common 023135106 1894616 2803142 SH SOLE 2758490 0 44652 American Campus Communities Inc. Common 024835100 21190 512567 SH SOLE 194423 0 318144 American Express Co. Common 025816109 1063038 15284520 SH SOLE 15060751 0 223769 American Homes 4 Rent, Class A Common 02665T306 9321 559469 SH SOLE 196539 0 362930 American International Group Inc. Common 026874784 26117 421440 SH SOLE 421440 0 0 American Residential Properties, Inc. Common 02927E303 18511 979396 SH SOLE 416796 0 562600 Angie's List Inc. Common 034754101 31214 3338351 SH SOLE 3003294 0 335057 Apache Corporation Common 037411105 591460 13300208 SH SOLE 13188053 0 112155 Apartment Investment & Management Common 03748R101 8299 207320 SH SOLE 83240 0 124080 Apple Inc. Common 037833100 346 3290 SH SOLE 3290 0 0 Applied Materials, Inc. Common 038222105 6546 350610 SH SOLE 311032 0 39578 Avalonbay Communities, Inc. Common 053484101 15809 85856 SH SOLE 39306 0 46550 Baidu, Inc. Class A, ADR ADR 056752108 10434 55197 SH SOLE 55197 0 0 Bank of America Corp. Common 060505104 12184 723936 SH SOLE 723936 0 0 Bank of New York Mellon Corp. Common 064058100 933899 22656464 SH SOLE 22236299 0 420165 Banner Corporation Common 06652V208 23682 529640 SH SOLE 529640 0 0 Berkshire Hathaway Inc., Class A Common 084670108 874078 4419 SH SOLE 4415 0 4 Berkshire Hathaway Inc., Class B Common 084670702 182130 1379351 SH SOLE 1249633 0 129718 Biomed Realty Trust, Inc. Common 09063H107 4595 193950 SH SOLE 193950 0 0 Boardwalk Pipeline Partners Partnership 096627104 287 22090 SH SOLE 22090 0 0 Boston Properties, Inc. Common 101121101 33209 260379 SH SOLE 107869 0 152510 Brixmor Property Group, Inc. Common 11120U105 12558 486367 SH SOLE 212217 0 274150 Brookfield Asset Management Inc., Class A Foreign 112585104 21543 683245 SH SOLE 683245 0 0 Cable One, Inc. Common 12685J105 14787 34098 SH SOLE 29600 0 4498 Cabot Oil & Gas Corp. Common 127097103 298764 16888879 SH SOLE 16667146 0 221733 Capital One Financial Corp. Common 14040H105 256689 3556235 SH SOLE 3516423 0 39812 CarMax, Inc. Common 143130102 486447 9013288 SH SOLE 8925493 0 87795 CatchMark Timber Trust Inc., Class A Common 14912Y202 20987 1855608 SH SOLE 546048 0 1309560 CBL & Associates Properties, Inc Common 124830100 1112 89860 SH SOLE 89860 0 0 Cedar Realty Trust Inc. Common 150602209 14428 2037855 SH SOLE 863455 0 1174400 Cemex SA ADR ADR 151290889 131 23540 SH SOLE 23540 0 0 Charles Schwab Corp. Common 808513105 487562 14806013 SH SOLE 14564581 0 241432 Chubb Corp. Common 171232101 20632 155547 SH SOLE 153770 0 1777 Citigroup Inc. Common 172967424 11826 228529 SH SOLE 228529 0 0 Citizens Financial Group Inc. Common 174610105 308186 11767326 SH SOLE 11623499 0 143827 Colgate-Palmolive Co. Common 194162103 12261 184048 SH SOLE 162016 0 22032 CorEnergy Infrastructure Trust, Inc. Common 21870U502 2653 178765 SH SOLE 75765 0 103000 Costco Wholesale Corp. Common 22160K105 430184 2663678 SH SOLE 2593346 0 70332 Cousins Properties, Inc. Common 222795106 14120 1497387 SH SOLE 627887 0 869500 Crown Castle International Corp. Common 22822V101 10520 121694 SH SOLE 50674 0 71020 Ctrip.com International, Ltd. ADR ADR 22943F100 3120 67346 SH SOLE 67346 0 0 CyrusOne Inc. Common 23283R100 24279 648314 SH SOLE 223966 0 424348 DCT Industrial Trust Inc. Common 233153204 17739 474687 SH SOLE 170310 0 304377 DDR Corporation Common 23317H102 9575 568604 SH SOLE 271654 0 296950 DENTSPLY International, Inc. Common 249030107 3481 57200 SH SOLE 57200 0 0 Devon Energy Corp. Common 25179M103 10715 334830 SH SOLE 334830 0 0 Diageo PLC - ADR ADR 25243Q205 72722 666750 SH SOLE 613534 0 53216 DiamondRock Hospitality Co. Common 252784301 5097 528171 SH SOLE 211611 0 316560 Disney Walt Holdings Common 254687106 272 2591 SH SOLE 0 0 2591 DuPont Fabros Technology Inc. Common 26613Q106 10905 343041 SH SOLE 137421 0 205620 Eastgroup Properties, Inc. Common 277276101 16056 288729 SH SOLE 112689 0 176040 Eaton Corporation Plc Common G29183103 6255 120205 SH SOLE 106453 0 13752 Ecolab Inc. Common 278865100 267598 2339556 SH SOLE 2302900 0 36656 Education Realty Trust, Inc. Common 28140H203 14797 390620 SH SOLE 133327 0 257293 Encana Corporation Foreign 292505104 357257 70188018 SH SOLE 69157197 0 1030821 EOG Resources, Inc. Common 26875P101 52031 735011 SH SOLE 687275 0 47736 Equity Residential Common 29476L107 14899 182607 SH SOLE 80732 0 101875 Essex Property Trust, Inc. Common 297178105 14289 59685 SH SOLE 22594 0 37091 Everest Re Group, Ltd. Common G3223R108 37526 204962 SH SOLE 204962 0 0 Express Scripts Holding Co. Common 30219G108 483533 5531779 SH SOLE 5441071 0 90708 Extended Stay America, Inc. Common 30224P200 2240 140859 SH SOLE 140859 0 0 Facebook, Inc. Common 30303M102 258661 2471438 SH SOLE 2426602 0 44836 Federal Realty Investment Trust Common 313747206 11791 80704 SH SOLE 33414 0 47290 FireEye, Inc. Common 31816Q101 3828 184560 SH SOLE 184560 0 0 First Industrial Realty Trust, Inc. Common 32054K103 14755 666739 SH SOLE 261999 0 404740 First Solar, Inc. Common 336433107 266 4030 SH SOLE 4030 0 0 Forest City Enterprises Inc. Class A Common 345550107 2654 121035 SH SOLE 121035 0 0 Franklin Resources Inc Common 354613101 258 7000 SH SOLE 7000 0 0 Freeport-McMoRan Copper & Gold, Inc. Common 35671D857 3519 519734 SH SOLE 519734 0 0 General Electric Co. Common 369604103 12559 403170 SH SOLE 403170 0 0 Goldman Sachs Group Inc. Common 38141G104 25175 139682 SH SOLE 139682 0 0 Grubhub Inc Common 400110102 9211 380634 SH SOLE 345025 0 35609 Grupo Televisa S.A.B. ADR ADR 40049J206 13296 488628 SH SOLE 488628 0 0 Hewlett Packard Enterprise Company Common 42824C109 4290 282245 SH SOLE 248343 0 33902 Highwoods Properties Inc. Common 431284108 12549 287826 SH SOLE 99036 0 188790 HP Inc. Common 40434L105 3322 280545 SH SOLE 248093 0 32452 Hyatt Hotels Corp. Class A Common 448579102 3129 66545 SH SOLE 66545 0 0 ICICI Bank Limited ADR ADR 45104G104 5175 660875 SH SOLE 660875 0 0 IDEXX Laboratories, Inc. Common 45168D104 19279 264392 SH SOLE 264392 0 0 Intel Corp 3.25% 8/1/39 Bond 458140AF7 19211 11551000 PRN SOLE 11551000 0 0 Intel Corp. Common 458140100 6137 178132 SH SOLE 157871 0 20261 International Business Machines Common 459200101 2660 19331 SH SOLE 15992 0 3339 InterXion Holding NV Foreign N47279109 2940 97501 SH SOLE 97501 0 0 iShares Russell 3000 Index Fund ETF 464287689 3936 32718 SH SOLE 30641 0 2077 iShares S&P 500 Value Index Fund ETF 464287408 28012 316410 SH SOLE 296814 0 19596 Jarden Corp. Common 471109108 942 16500 SH SOLE 16500 0 0 JD.com Inc ADR ADR 47215P106 46257 1433672 SH SOLE 1343160 0 90512 Johnson Controls, Inc. Common 478366107 348490 8824758 SH SOLE 8699986 0 124772 JPMorgan Chase & Co. Common 46625H100 1149241 17404836 SH SOLE 17158858 0 245978 Jumei International ADR ADR 48138L107 834 92020 SH SOLE 92020 0 0 KBR, Inc. Common 48242W106 1782 105300 SH SOLE 105300 0 0 Keysight Technologies, Inc. Common 49338L103 400 14117 SH SOLE 14117 0 0 Kite Realty Group Trust Common 49803T300 24855 958541 SH SOLE 365289 0 593252 Kohls Corp. Common 500255104 13414 281620 SH SOLE 281620 0 0 Laboratory Corporation of America Hldg Common 50540R409 219950 1778955 SH SOLE 1725016 0 53939 Las Vegas Sands Corp. Common 517834107 441050 10060443 SH SOLE 9878861 0 181582 LendingClub Corp. Common 52603A109 7544 682723 SH SOLE 628458 0 54265 Liberty Global Plc Series C Common G5480U120 600321 14724572 SH SOLE 14417357 0 307215 Liberty Global PLC LiLAC Class C Common G5480U153 33155 771053 SH SOLE 754402 0 16651 Liberty Ventures Series A Common 53071M880 75940 1683449 SH SOLE 1645303 0 38146 Liberty Interactive Corp QVC Group, Class A Common 53071M104 86210 3155581 SH SOLE 3097153 0 58428 Liberty Property Trust Common 531172104 10091 325007 SH SOLE 97567 0 227440 Liberty TripAdvisor Holdings Inc., Class A Common 531465102 23826 785316 SH SOLE 784866 0 450 Loews Corp. Common 540424108 245008 6380409 SH SOLE 6271577 0 108832 Lowes Cos Inc. Common 548661107 13236 174063 SH SOLE 150942 0 23121 Macerich Co. Common 554382101 15311 189751 SH SOLE 69011 0 120740 Markel Corp. Common 570535104 298869 338336 SH SOLE 333462 0 4874 Marsh & McLennan Co. Common 571748102 28309 510540 SH SOLE 510540 0 0 Masco Corp. Common 574599106 9007 318280 SH SOLE 318280 0 0 Mastercard, Inc. Common 57636Q104 1401 14390 SH SOLE 14390 0 0 McGraw Hill Financial, Inc. Common 580645109 17641 178950 SH SOLE 178950 0 0 Microsoft Corp. Common 594918104 296112 5337272 SH SOLE 5206231 0 131041 Monsanto Co. Common 61166W101 811141 8233266 SH SOLE 8103629 0 129637 Moody's Corp. Common 615369105 173104 1725172 SH SOLE 1700751 0 24421 Nabors Industries Ltd. Common G6359F103 9081 1067082 SH SOLE 1067082 0 0 National Health Investors, Inc. Common 63633D104 5437 89315 SH SOLE 47715 0 41600 Nike Inc Common 654106103 13909 222546 SH SOLE 194660 0 27886 Noah Holdings Ltd. ADS ADR 65487X102 12666 453484 SH SOLE 453484 0 0 NXP Semiconductors NV, 1% 12/1/19 Bond 62952QAB6 7669 7000000 PRN SOLE 7000000 0 0 Occidental Petroleum Corp. Common 674599105 357637 5289708 SH SOLE 5219305 0 70403 Oracle Corporation Common 68389X105 210408 5759861 SH SOLE 5634486 0 125375 PACCAR Inc. Common 693718108 182793 3856387 SH SOLE 3779179 0 77208 Party City Holdings, Inc. Common 702149105 10159 786878 SH SOLE 694844 0 92034 Post Properties Inc. Common 737464107 18146 306728 SH SOLE 108238 0 198490 Praxair, Inc. Common 74005P104 382370 3734085 SH SOLE 3679219 0 54866 Precision Castparts Corp. Common 740189105 306 1320 SH SOLE 1320 0 0 Progressive Corp. Common 743315103 234 7350 SH SOLE 7350 0 0 Prologis, Inc. Common 74340W103 16544 385470 SH SOLE 155660 0 229810 Qihoo 360 Technology Co. ADR ADR 74734M109 108119 1484948 SH SOLE 1465880 0 19068 Qihoo 360 Technology Co., 2.5%, 9/15/2018 Bond 74734MAB5 5910 6000000 PRN SOLE 6000000 0 0 Quanta Services, Inc. Common 74762E102 10792 532920 SH SOLE 532920 0 0 Quest Diagnostics Inc. Common 74834L100 255454 3590857 SH SOLE 3518663 0 72194 Quotient Technology Inc. Common 749119103 45196 6626923 SH SOLE 6057823 0 569100 Ramco-Gershenson Properties Trust Common 751452202 13194 794360 SH SOLE 291960 0 502400 Republic Services, Inc. Common 760759100 556 12630 SH SOLE 12630 0 0 Retail Opportunity Investments Corp. Common 76131N101 12556 701449 SH SOLE 290239 0 411210 Rexford Industrial Realty, Inc. Common 76169C100 1128 68935 SH SOLE 29165 0 39770 Rockwell Automation Inc. Common 773903109 50393 491112 SH SOLE 466138 0 24974 RTI International Metals, 1.625%, 10/15/2019 Bond 74973WAB3 7929 7750000 PRN SOLE 7750000 0 0 Salesforce.com Inc Common 79466L302 8452 107800 SH SOLE 93324 0 14476 Salesforce.com Inc., 0.25%, 04/01/2018 Bond 79466LAD6 10290 8000000 PRN SOLE 8000000 0 0 SAP AG ADR ADR 803054204 9082 114823 SH SOLE 97505 0 17318 Simon Property Group Inc. Common 828806109 28908 148672 SH SOLE 63682 0 84990 Soufun Holdings Ltd Class A ADR ADR 836034108 134026 18136165 SH SOLE 17765382 0 370783 SPDR S&P 500 ETF Trust ETF 78462F103 535 2622 SH SOLE 2622 0 0 Starwood Hotels & Resorts Worldwide, Inc. Common 85590A401 2506 36178 SH SOLE 36178 0 0 Terreno Realty Corp. Common 88146M101 18814 831731 SH SOLE 308728 0 523003 Texas Instruments, Inc. Common 882508104 475395 8673505 SH SOLE 8461172 0 212333 The Priceline Group Inc. Common 741503403 310775 243755 SH SOLE 238413 0 5342 The Sherwin Williams Co. Common 824348106 7722 29747 SH SOLE 26282 0 3465 Tiffany & Co. Common 886547108 381 5000 SH SOLE 5000 0 0 Time Warner Cable Inc. Common 88732J207 25405 136889 SH SOLE 120148 0 16741 TJX Companies Inc. Common 872540109 6539 92219 SH SOLE 80954 0 11265 TopBuild Corp. Common 89055F103 1519 49379 SH SOLE 49379 0 0 Transocean Ltd. Common H8817H100 5229 422356 SH SOLE 422356 0 0 Twenty-First Century Fox Inc Class A Common 90130A101 6370 234546 SH SOLE 234546 0 0 Tyson Foods Inc 4.75 07/15/17 Preferred 902494301 19708 325000 SH SOLE 325000 0 0 UDR, Inc. Common 902653104 9928 264247 SH SOLE 104807 0 159440 Ultra Petroleum Corp Common 903914109 42203 16881017 SH SOLE 16398507 0 482510 United Parcel Service, Inc., Class B Common 911312106 238 2473 SH SOLE 0 0 2473 United Rentals, Inc. Common 911363109 10660 146956 SH SOLE 146956 0 0 United States Steel Corporation Common 912909108 695 87120 SH SOLE 87120 0 0 United Technologies Corp. Common 913017109 845765 8803638 SH SOLE 8670349 0 133289 UnitedHealth Group Inc. Common 91324P102 470133 3996369 SH SOLE 3891301 0 105068 Univar, Inc. Common 91336L107 9647 567141 SH SOLE 524443 0 42698 Universal Health Services, Inc. Common 913903100 11647 97470 SH SOLE 97470 0 0 US Bancorp Common 902973304 32167 753850 SH SOLE 748826 0 5024 Valeant Pharmaceuticals International Common 91911K102 384645 3784012 SH SOLE 3728762 0 55250 Vipshop Holdings Ltd. ADS ADR 92763W103 18961 1241706 SH SOLE 1159825 0 81881 Visa Inc. Class A Common 92826C839 440759 5683542 SH SOLE 5562617 0 120925 Vornado Realty Trust Common 929042109 21253 212613 SH SOLE 104967 0 107646 W.R. Berkley Corp. Common 084423102 278 5080 SH SOLE 5080 0 0 W.W. Grainger, Inc. Common 384802104 235 1160 SH SOLE 1160 0 0 Waste Connections Inc. Common 941053100 11202 198900 SH SOLE 198900 0 0 Wells Fargo & Co. Common 949746101 1401677 25785084 SH SOLE 25434821 0 350263 Wesco Aircraft Holdings, Inc. Common 950814103 75756 6328787 SH SOLE 6100850 0 227937 Wesco International, Inc. Common 95082P105 13007 297782 SH SOLE 275648 0 22134 Whole Foods Market Inc. Common 966837106 10741 320624 SH SOLE 320624 0 0 Youku Tudou Inc. ADR ADR 98742U100 2062 76009 SH SOLE 76009 0 0 YY Inc. ADR ADR 98426T106 22036 352744 SH SOLE 334052 0 18692