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          <transCat>Repurchase</transCat>
          <notClearedCentCparty isCleared="N">
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              <counterpartyInfo lei="549300LNKU6K5TJCRG93" name="StoneX Financial Inc."/>
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          <isTriParty>Y</isTriParty>
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          <maturityDt>2026-08-03</maturityDt>
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            <repurchaseCollateral>
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              <principalAmt>137485.93107809042</principalAmt>
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            <repurchaseCollateral>
              <principalAmt>2620085.541829699</principalAmt>
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              <collateralCd>USD</collateralCd>
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        <name>TRUIST FINANCIAL CORP</name>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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        <name>US BANCORP</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>WELLS FARGO + CO</name>
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        <fairValLevel>1</fairValLevel>
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        <name>AMERICAN EXPRESS CO</name>
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          <ticker value="AXP"/>
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        <curCd>USD</curCd>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>BANK OF AMERICA CORP</name>
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          <isin value="US0605051046"/>
          <ticker value="BAC"/>
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        <curCd>USD</curCd>
        <valUSD>11834866.05</valUSD>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>BANK OF N.T. BUTTERFIELD+SON</name>
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          <ticker value="NTB"/>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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        <name>BANK OF NEW YORK MELLON CORP</name>
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        <title>BANK OF NEW YORK MELLON CORP</title>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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        <name>BERKSHIRE HATHAWAY INC CL B</name>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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        <name>BREAN REPO</name>
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        <valUSD>847000</valUSD>
        <pctVal>0.1765943360</pctVal>
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        <assetCat>RA</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <repurchaseAgrmt>
          <transCat>Repurchase</transCat>
          <notClearedCentCparty isCleared="N">
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          <maturityDt>2026-08-03</maturityDt>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>CAPITAL ONE FINANCIAL CORP</name>
        <lei>ZUE8T73ROZOF6FLBAR73</lei>
        <title>CAPITAL ONE FINANCIAL CORP</title>
        <cusip>14040H105</cusip>
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          <ticker value="COF"/>
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        <curCd>USD</curCd>
        <valUSD>50571014.55</valUSD>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CHIME FINANCIAL INC CL A</name>
        <lei>N/A</lei>
        <title>CHIME FINANCIAL INC CL A COMMON STOCK USD.0001</title>
        <cusip>16935C109</cusip>
        <identifiers>
          <isin value="US16935C1099"/>
          <ticker value="CHYM"/>
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        <balance>434946</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>9999408.54</valUSD>
        <pctVal>2.0848157162</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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        <name>CHUBB LTD</name>
        <lei>E0JAN6VLUDI1HITHT809</lei>
        <title>CHUBB LTD</title>
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          <ticker value="CB"/>
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        <balance>60798</balance>
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        <curCd>USD</curCd>
        <valUSD>21320642.64</valUSD>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CH</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
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        <name>DANSKE BANK A/S</name>
        <lei>MAES062Z21O4RZ2U7M96</lei>
        <title>DANSKE BANK A/S</title>
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          <other otherDesc="SEDOL" value="4588825"/>
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        <currencyConditional curCd="DKK" exchangeRt="6.482"/>
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        <issuerCat>CORP</issuerCat>
        <invCountry>DK</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>DBS GROUP HOLDINGS LTD</name>
        <lei>5493007FKT78NKPM5V55</lei>
        <title>DBS GROUP HOLDINGS LTD</title>
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        <currencyConditional curCd="SGD" exchangeRt="1.28245"/>
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        <invCountry>SG</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>DNB BANK ASA</name>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>NO</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      </invstOrSec>
      <invstOrSec>
        <name>EVEREST GROUP LTD</name>
        <lei>549300N24XF2VV0B3570</lei>
        <title>EVEREST RE GROUP LTD</title>
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          <ticker value="EG"/>
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        <curCd>USD</curCd>
        <valUSD>10690962.1</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
    </invstOrSecs>
    <signature>
      <ncom:dateSigned>2026-08-26</ncom:dateSigned>
      <ncom:nameOfApplicant>Davis Fundamental ETF Trust</ncom:nameOfApplicant>
      <ncom:signature>Doug A. Haines</ncom:signature>
      <ncom:signerName>Doug A. Haines</ncom:signerName>
      <ncom:title>Treasurer</ncom:title>
    </signature>
  </formData>
  <documents>XXXX</documents>
</edgarSubmission>
