Chris Davis

Chris Davis

Last Update: 08-12-2016

Number of Stocks: 134
Number of New Stocks: 10

Total Value: $22,661 Mil
Q/Q Turnover: 5%

Countries: USA
Details: Top Buys | Top Sales | Top Holdings  Embed:

Chris Davis Watch

  • Chris Davis Buys Activision Blizzard, Sells

    Davis Advisors manages more than $60 billion across several different asset classes. Chris Davis (Trades, Portfolio) is the portfolio manager of Davis Financial Fund. The following are its largest trades of the second quarter.

    The guru closed his stake in Las Vegas Sands Corp. (LVS) with an impact of -1.5% on the portfolio.


  • Chris Davis Buys New Oriental Education

    During the second quarter, guru Chris Davis (Trades, Portfolio) purchased 322,708 shares of New Oriental Education (NYSE:EDU), at an average price of $39.40. The trade had a 0.06% impact on Davis’s portfolio. Since Davis purchased the stake, the company has risen an estimated 7% in price.

    New Oriental Education has a market cap of $6.59 billion, an enterprise value of $5.15 billion, a P/E ratio of 29.23 and a P/B ratio of 4.75.


  • Guru Stocks That Outperform the S&P 500

    The following are some of the stocks that outperformed the Standard & Poor's 500 Index over the last 12 months and were bought by gurus during the last quarter.

    Federal Realty Investment Trust (FRT), with a market cap of $11.87 billion, has outperformed the S&P 500 Index by 22.4% during the last 12 months. Currently three gurus are holding the company that has returned 16%-plus year to date and 94%-plus during the last five years; it is now trading with a P/E(ttm) ratio of 48.37, and according to the DCF calculator it looks overpriced by 465% at the price of $167.35. Over the last 12 months the company’s revenue has grown by 6% and EPS has grown by 10%.


  • High Dividend Yield Companies Attract Gurus

    The All-in-One Screener listed Hewlett-Packard Co. (NYSE:HPQ) and International Business Machines Corp. (NYSE:IBM) as two high dividend yield computer hardware stocks. Due to these high dividend yields, many gurus have very large positions in these stocks.

    Screening for big dividends


  • Chinese Internet Site Baidu Among Stocks to Buy

    Baidu Inc. (NASDAQ:BIDU), a Chinese Internet media site, appeared on gurus’ watch radar as the company’s stock price decreased below P/E expectations.

    Incorporated in the Cayman Islands Jan. 18, 2000, Baidu offers its users an interactive search service on common topics like news, restaurants and sports. As its stock price decreased and its financials improved, Baidu made Barron’s stock watch list May 26.


  • Lending Club CEO Resigns, Stock Sinks Amid Loan Discrepancies

    Lending Club (NYSE:LC), a peer-to-peer online lending company, has sunk 63% year to date and lost its CEO Renaud Laplanche, who resigned Monday after an internal investigation found sales of $22 million in near-prime loans to a single investor, contrary to the investor’s instructions.

    The New York Times reported that a Lending Club employee found the dates on $3 million of loan applications had been altered and alerted Laplanche, who then told an internal auditor. That investigation would also reveal discrepancies in the aforementioned $22 million of loans. The company also discovered Laplanche had failed to disclose a personal interest in an investment fund in which Lending Club was considering investing.


  • Arnold Van Den Berg's Largest Buys in 1st Quarter

    Arnold Van Den Berg is a value investor who founded Century Management in 1974. He applies value investment strategies as his investment philosophy. He focused his first-quarter buys as follows:

    The guru increased his stake in Allegheny Technologies Inc. (ATI) by 66.47%  with an impact of 2.16% on the portfolio.


  • 2 Stocks Super Investors Are Buying

    GuruFocus provides tools and screens to look at 13-F filings in the aggregate and discover lots of information about the famous gurus of value investing. I used the aggregated portfolio tool to sort guru holdings on combined weighting percentage. This shows us which stocks value investment gurus have allocated the most funds to.

    Since J. L. Kelly Jr. came up with the Kelly Criterion in 1956, we know the amount you should bet increases strongly as the odds are more favorable. Great investors put the math behind the principle in practice by betting big on their highest conviction picks. True, there are a few things messing up that logic. Tax considerations can also play a role in buy and sell decisions and cause investors to hang on to fairly valued stocks.


  • Liberty Broadband, Hanmi Bank Among Popular Micro-Cap Stocks

    Much like small-cap stocks, micro-caps offer a chance of a high return, but also present more risk and volatility. Micro-caps are generally defined as companies with a capitalization between $50 million and $300 million.

    The All-in-One Screener offers more than 150 filters to sort stocks, including a filter to sort by market cap. The following five stocks were some of the most popular micro-caps purchased by the gurus during the fourth quarter.


  • Top Insiders' Buys and Sales of the Week

    The All-in-One Screener can be used to find insider buys and sells over the last week by clicking on the Insiders tab and changing the settings for All Insider Buying to “$1,000,000+” and duration to "March 2016."

    According to the above filters, the following are recent buys and sells from company insiders in the past week.


  • Chris Davis Slashes His Position in PH Glatfelter

    Chris Davis (Trades, Portfolio) is a portfolio manager for the Davis Large Cap Value portfolios and a member of the research team for other portfolios within the firm. Davis Advisors was founded in 1969 offering clients investment opportunities through mutual funds, variable annuities, separately managed accounts and offshore funds. Throughout the course of the company's history, its primary focus has been to invest in securities at value prices and hold them for long-term growth. Davis has a firm belief that perspective, discipline and alignment are the three most important drivers for long-term investment success.

    In the first quarter of 2016, Davis slashed his position in PH Glatfelter Co. (NYSE:GLT) by nearly 30%.


  • Chris Davis Buys Stake in Energy Firm Apache

    Chris Davis (Trades, Portfolio) is a portfolio manager for the Davis Large Cap Value Portfolios. Davis Selected Advisors was founded in 1969, offering clients investment opportunities through mutual funds, variable annuities, separately managed accounts, and offshore funds. Throughout the course of the company's history, their primary focus has been to invest in securities at value prices and hold them for long term growth. Davis has a firm belief that perspective, discipline and alignment are the three biggest drivers for long term investment success.

    In the fourth quarter of 2015, Davis purchased 13,300,208 shares of Apache Corporation (NYSE:APA).


  • Cummins and CSX: Undervalued With Predictable Business

    According to GuruFocus’ All-in-One Screener, the following stocks have a high business predictability rating, and at least five gurus are shareholders in the companies.

    Cabot Oil & Gas Corp. (COG)


  • Investor Chris Davis Comments on Amazon

    Today technology is accelerating the pace of disruption. This change is best seen by contrasting the history of a past disrupter Walmart with a new disrupter Amazon (NASDAQ:AMZN). Walmart opened its first store in 1962 and, with its everyday low pricing model, strong management and tight cost control, enjoyed real competitive advantages relative to the much larger and better regarded existing competition. Eighteen years later, the company reached $1 billion in sales and today has sales approaching $500 billion, dwarfing its competitors such as Kmart and Sears that have largely been left in the dust. In contrast, Amazon has disrupted entrenched competitors in a matter of years not decades. Remembering Walmart took 18 years to reach sales of $1 billion, we consider it astonishing that Amazon was selling approximately $95 billion worth of merchandise in its 18th year, almost 100 times more than Walmart sold during the comparable period in its history.

    With Amazon achieving success at such a rapid pace, investors who were slow to study the company because of its short operating history not only missed out on its potential as an investment but also were slow to identify the threat it posed to so many other retailers. Companies ranging from Borders and Blockbuster to Circuit City and RadioShack have already filed for bankruptcy and many more are sure to follow. While extraordinary, Amazon is hardly a lone example. Companies such as Google, Netflix and Facebook have overpowered many traditional media businesses, Uber and AirBNB are challenging the taxi and hotel industries, and a number of new companies are using biotechnology to challenge traditional pharmaceutical businesses. The bottom line is technological disruption is rapidly changing the investment landscape, creating great opportunities for investors who can adapt and enormous risks for investors who cannot.


  • Davis New York Venture Fund 2016 Annual Review


    • Davis New York Venture Fund has built shareholder wealth over time. Over the most recent one, three and five year periods, a $10,000 investment grew to $10,297, $14,763, and $15,846, respectively.1

  • Davis Global Fund 2016 Annual Review

    Davis Global Fund Annual Review:

    Davis Global Fund uses rigorous independent research to invest in durable, well-managed businesses with sustainable competitive advantages and attractive long-term growth prospects selling at a discount to their true value. Bottom-up stock selection performed by seasoned investment professionals—combined with our willingness not to mirror an index—has served our shareholders well over the long term.


  • Chris Davis Buys More Than 13 Million Shares of Apache Corporation

    Chris Davis (Trades, Portfolio), portfolio manager of Davis Financial Fund, bought 10 new stakes in the fourth quarter, including his most noteworthy deal of the quarter – the purchase of a 13,300,208-share stake in Apache Corporation (NYSE:APA), a Houston-based oil and gas company, for an average price of $46.74 per share. The deal had a 2.47% impact on Davis’ portfolio.

    Davis’ stake is 3.52% of Apache’s outstanding shares and 2.47% of Davis’ total assets. Apache’s leading shareholder among the gurus is Dodge & Cox with a stake of 26,014,684 shares. The stake is 6.88% of Apache’s outstanding shares and 1.14% of Dodge & Cox’s total assets.


  • Nominate an Investor for Guru of the Year

    As a tough year for money managers winds down, it’s time to nominate who you think performed best in 2015 for a special honor: GuruFocus Guru of the Year.

    Some of the most spotlighted firms slumped in 2015. David Einhorn (Trades, Portfolio)’s Greenlight Capital Offshore fell 16.9% and Leon Cooperman (Trades, Portfolio)’s Omega Overseas Partners fell 12% through Sept. 30, and Bill Ackman (Trades, Portfolio)’s Pershire Square Holdings dropped 9.6% through Oct. 13, according to HSBC.


  • HP, Microsoft Have High Dividend Yields in Davis' Portfolio

    Chris Davis (Trades, Portfolio) is the portfolio manager of Davis Financial Fund and manages more than $60 billion across several different asset classes.

    Transocean Ltd. (RIG)


  • John Burbank Jumps in Alphabet, Dollar Tree and Sells Rite Aid, NRG

    John Burbank is the chief investment officer of Passport Capital LLC, the global investment firm he founded in 2000. He manages a portfolio composed of 119 stocks with a total value of $5.55 billion. The following are his largest trades during the third quarter.

    The investor reduced his stake in Liberty Global PLC (LBTYK) by 62.48% with an impact of -3.09% on the portfolio.


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