Adobe Inc. Common Stock 00724F101 10973207 45139 SH SOLE 39806 0 5333 AGCO Corporation Common Stock 001084102 241781462 2086643 SH SOLE 2005385 0 81258 Alexandria Real Estate Equities, Inc. Common Stock 015271109 8393061 180807 SH SOLE 85033 0 95774 Alphabet Inc., Class A Common Stock 02079K305 889903016 3094659 SH SOLE 2996493 0 98166 Alphabet Inc., Class C Common Stock 02079K107 194380010 677607 SH SOLE 658017 0 19590 Amazon.com, Inc. Common Stock 023135106 713380223 3425252 SH SOLE 3323733 0 101519 American Express Co. Common Stock 025816109 70516043 233126 SH SOLE 231562 0 1564 American Homes 4 Rent - Class A Common Stock 02665T306 7738586 277170 SH SOLE 141090 0 136080 American Tower Corp Common Stock 03027X100 11152120 64620 SH SOLE 37210 0 27410 ANGI Inc., Class A Common Stock 00183L201 6500602 948993 SH SOLE 948993 0 0 Applied Materials, Inc. Common Stock 038222105 409163760 1197102 SH SOLE 1151334 0 45768 AppLovin Corp., Class A Common Stock 03831W108 133654972 335810 SH SOLE 323103 0 12707 AvalonBay Communities, Inc. Common Stock 053484101 13063100 79970 SH SOLE 38450 0 41520 Bank of America Corp. Common Stock 060505104 56511195 1159204 SH SOLE 1159204 0 0 Bank of N.T. Butterfield & Son Limited Common Stock G0772R208 56317810 1073129 SH SOLE 1073129 0 0 Bank of New York Mellon Corp. Common Stock 064058100 62307765 525228 SH SOLE 516312 0 8916 Berkshire Hathaway Inc., Class A Common Stock 084670108 662843220 923 SH SOLE 923 0 0 Berkshire Hathaway Inc., Class B Common Stock 084670702 359336086 749846 SH SOLE 694976 0 54870 Brixmor Property Group, Inc. Common Stock 11120U105 16219296 563170 SH SOLE 289260 0 273910 BXP, Inc. Common Stock 101121101 12310161 237190 SH SOLE 116620 0 120570 Camden Property Trust Common Stock 133131102 8595057 88010 SH SOLE 46270 0 41740 Capital One Financial Corp. Common Stock 14040H105 1557906471 8539736 SH SOLE 8334239 0 205497 CBRE Group, Inc. Common Stock 12504L109 3469131 25610 SH SOLE 25610 0 0 Charles Schwab Corp. Common Stock 808513105 29226088 310982 SH SOLE 310982 0 0 Chime Financial, Inc. Common Stock 16935C109 47559328 2539206 SH SOLE 2539206 0 0 Chubb Ltd. Common Stock H1467J104 389618110 1195391 SH SOLE 1168588 0 26803 Cigna Group Common Stock 125523100 595905881 2233929 SH SOLE 2156824 0 77105 Community Healthcare Trust, Inc. Common Stock 20369C106 5244336 330040 SH SOLE 164040 0 166000 ConocoPhillips Common Stock 20825C104 247558331 1875428 SH SOLE 1816618 0 58810 COPT Defense Properties Common Stock 22002T108 9155520 299200 SH SOLE 140370 0 158830 Coterra Energy, Inc. Common Stock 127097103 1304375994 37119404 SH SOLE 36059235 0 1060169 Cousins Properties, Inc. Common Stock 222795502 13236515 586465 SH SOLE 286750 0 299715 Crown Castle, Inc. Common Stock 22822V101 3408515 41920 SH SOLE 23280 0 18640 Crown Holdings, Inc. Common Stock 228368106 859143 8570 SH SOLE 8570 0 0 CubeSmart Common Stock 229663109 3381696 92270 SH SOLE 44070 0 48200 CVS Health Corporation Common Stock 126650100 879053606 12239666 SH SOLE 11889739 0 349927 Darling Ingredients Inc. Common Stock 237266101 11622128 187905 SH SOLE 167202 0 20703 Davis Select Financial ETF ETF 23908L108 95539059 2130666 SH SOLE 2130666 0 0 Davis Select International ETF ETF 23908L405 105392349 3915748 SH SOLE 3915748 0 0 Davis Select U.S. Equity ETF ETF 23908L207 172553800 3400745 SH SOLE 3400745 0 0 Davis Select Worldwide ETF ETF 23908L306 84797995 1935585 SH SOLE 1935585 0 0 Digital Realty Trust, Inc. Common Stock 253868103 14214965 78880 SH SOLE 36630 0 42250 Douglas Emmett, Inc Common Stock 25960P109 2903715 308250 SH SOLE 153750 0 154500 Eastgroup Properties, Inc. Common Stock 277276101 9693163 52370 SH SOLE 25420 0 26950 Equinix, Inc. Common Stock 29444U700 20803634 21223 SH SOLE 8603 0 12620 Equity Residential Common Stock 29476L107 6256000 105765 SH SOLE 56430 0 49335 Essex Property Trust, Inc. Common Stock 297178105 4056162 16761 SH SOLE 7950 0 8811 Everest Group, Ltd. Common Stock G3223R108 46055780 140908 SH SOLE 140908 0 0 Extra Space Storage, Inc. Common Stock 30225T102 3689343 28135 SH SOLE 18330 0 9805 Fermi Inc. Common Stock 314911108 1785463 305730 SH SOLE 305730 0 0 Fifth Third Bancorp Common Stock 316773100 130716372 2813525 SH SOLE 2813525 0 0 Fiserv, Inc. Common Stock 337738108 32859783 588885 SH SOLE 588885 0 0 Full Truck Alliance Co. Ltd., ADR ADR 35969L108 238734483 28763191 SH SOLE 28760240 0 2951 Healthpeak Properties, Inc. Common Stock 42250P103 10600735 645206 SH SOLE 311160 0 334046 Hudson Pacific Properties, Inc. Common Stock 444097406 1904060 322176 SH SOLE 180633 0 141543 IAC Inc. Common Stock 44891N208 96602764 2413247 SH SOLE 2341913 0 71334 iShares S&P 500 Value Index Fund ETF 464287408 2454408 11624 SH SOLE 10322 0 1302 Janus Living, Inc. Common Stock 471024109 235700 10000 SH SOLE 4815 0 5185 JBS N.V., Class A Common Stock N4732M103 471354100 26244660 SH SOLE 26243761 0 899 JD.com Inc., Class A, ADR ADR 47215P106 8380670 283418 SH SOLE 283418 0 0 Johnson Controls International plc Common Stock G51502105 25389044 193880 SH SOLE 175685 0 18195 Jones Lang LaSalle, Inc. Common Stock 48020Q107 3772046 12395 SH SOLE 12395 0 0 JPMorgan Chase & Co. Common Stock 46625H100 163685995 556452 SH SOLE 554104 0 2348 KE Holdings Inc., Class A, ADR ADR 482497104 27721505 1851804 SH SOLE 1851804 0 0 Lam Research Corp. Common Stock 512807306 593975 2780 SH SOLE 2780 0 0 Loews Corp. Common Stock 540424108 65548714 614097 SH SOLE 614097 0 0 LyondellBasell Industries N.V. Common Stock N53745100 450862358 5596588 SH SOLE 5481511 0 115077 M & T Bank Corp Common Stock 55261F104 12466250 60305 SH SOLE 60305 0 0 Markel Group, Inc Common Stock 570535104 733959392 383433 SH SOLE 372732 0 10701 Meta Platforms, Inc., Class A Common Stock 30303M102 983589944 1719156 SH SOLE 1670369 0 48787 MGM Resorts International Common Stock 552953101 899170639 24295338 SH SOLE 23584147 0 711191 Microsoft Corp. Common Stock 594918104 29055340 78489 SH SOLE 71330 0 7159 Mid-America Apartment Communities, Inc. Common Stock 59522J103 5864202 48020 SH SOLE 23420 0 24600 NetEase Inc. - ADR ADR 64110W102 47318692 422712 SH SOLE 422672 0 40 Noah Holdings Ltd., Class A, ADS ADR 65487X102 10113691 1021585 SH SOLE 1021585 0 0 NVIDIA Corp. Common Stock 67066G104 19804679 113556 SH SOLE 101452 0 12104 Oracle Corporation Common Stock 68389X105 11830222 80414 SH SOLE 70707 0 9707 Owens Corning Common Stock 690742101 227364957 2100935 SH SOLE 2004445 0 96490 Pinterest, Inc., Class A Common Stock 72352L106 227418012 12400101 SH SOLE 12026756 0 373345 PNC Financial Services Group, Inc. Common Stock 693475105 112768549 541922 SH SOLE 541922 0 0 Prologis, Inc. Common Stock 74340W103 24134217 182586 SH SOLE 74459 0 108127 Public Storage, Inc. Common Stock 74460D109 11176509 41260 SH SOLE 16790 0 24470 Quest Diagnostics Inc. Common Stock 74834L100 317062477 1617813 SH SOLE 1519260 0 98553 Realty Income Corp. Common Stock 756109104 5806594 94910 SH SOLE 0 0 94910 Regency Centers Corporation Common Stock 758849103 10488746 138630 SH SOLE 66740 0 71890 RenaissanceRe Holdings Ltd Common Stock G7496G103 76444584 257190 SH SOLE 257190 0 0 Restaurant Brands International, Inc. Common Stock 76131D103 265976460 3599127 SH SOLE 3522267 0 76860 Rexford Industrial Realty, Inc. Common Stock 76169C100 6860535 209610 SH SOLE 66050 0 143560 Rocket Companies, Inc., Class A Common Stock 77311W101 68735873 4823570 SH SOLE 4823570 0 0 SAP SE - ADR ADR 803054204 54346905 317422 SH SOLE 312081 0 5341 Sea Ltd., Class A, ADR ADR 81141R100 153184692 1849831 SH SOLE 1849692 0 139 Simon Property Group, Inc. Common Stock 828806109 9411931 50458 SH SOLE 18208 0 32250 Solventum Corp. Common Stock 83444M101 413371240 6330325 SH SOLE 6088704 0 241621 State Street Corp. Common Stock 857477103 19262432 152200 SH SOLE 152200 0 0 Sun Communities, Inc. Common Stock 866674104 5470443 43430 SH SOLE 21640 0 21790 Sunstone Hotel Investors, Inc. Common Stock 867892101 8016377 889720 SH SOLE 305720 0 584000 Synopsys, Inc. Common Stock 871607107 10275383 25913 SH SOLE 22818 0 3095 Taiwan Semiconductor Manufacturing, ADR ADR 874039100 2433240 7200 SH SOLE 7200 0 0 Teck Resources Ltd., Class B Common Stock 878742204 547756837 10584663 SH SOLE 10204192 0 380471 Terreno Realty Corp. Common Stock 88146M101 6971600 113507 SH SOLE 47864 0 65643 Texas Instruments, Inc. Common Stock 882508104 553237789 2849671 SH SOLE 2750939 0 98732 Trip.com Group Ltd., ADR ADR 89677Q107 326379074 6555112 SH SOLE 6554757 0 355 Truist Financial Corp. Common Stock 89832Q109 10334286 224805 SH SOLE 224805 0 0 Tyson Foods Inc Common Stock 902494103 838721144 13090689 SH SOLE 12714957 0 375732 U.S. Bancorp Common Stock 902973304 1156596507 22237960 SH SOLE 21579319 0 658641 UnitedHealth Group Inc. Common Stock 91324P102 337558972 1247476 SH SOLE 1210232 0 37244 Vale S.A., ADR ADR 91912E105 46635360 2931198 SH SOLE 2931198 0 0 Ventas, Inc. Common Stock 92276F100 9312289 113870 SH SOLE 53750 0 60120 Viatris Inc. Common Stock 92556V106 1056633206 78211191 SH SOLE 75605333 0 2605858 VICI Properties, Inc. Common Stock 925652109 6015318 220180 SH SOLE 89290 0 130890 Wells Fargo & Co. Common Stock 949746101 652075858 8190871 SH SOLE 8004013 0 186858 Wesco International, Inc. Common Stock 95082P105 104251891 381007 SH SOLE 334604 0 46403