Davis Selected Advisers Buys 58.com Inc, iShares S&P 500 Value ETF, Sunstone Hotel Investors Inc, Sells Adient PLC, Microsoft Corp, Ovintiv Inc

• New Purchases: SHO, DEI, JCAP, DOW,
• Added Positions: INTC, WUBA, IVE, COG, PSA, SLG, CONE, LSI, NVS, IWV,
• Reduced Positions: ADNT, MSFT, OVV, WFC, APA, GOOG, EDU, UTX, AMZN, COF, JPM, BRK.A, AXP, FB, BK, AMAT, GOOGL, CVS, QRTEA, USB, TXN, BABA, CB, MKL, DGX, ORCL, BKNG, SUI, REG, UNH, L, AKR, FRT, LPT, BRK.B, BDN, SCHW, AVB, JD, BAC, QUOT, ALEX, APTV, QRVO, HPP, OC, Y, CI, HUM, VTR, ETN, ELS, GS, ESS, RE, EGP, STT, PNC, MGY, EXR, ALTM, LTRPA, AXTA, LILAK, YRD, CIH, TEDU, GLIBA, SFUN, GLRE, LBTYK, KMX, EXPE, SAP, FDX,
• Sold Out: KKR, FR, MAA, INVH, TSG,

For the details of Chris Davis's stock buys and sells, go to https://www.gurufocus.com/guru/chris+davis/current-portfolio/portfolio

1. Wells Fargo & Co (WFC) - 26,485,994 shares, 6.81% of the total portfolio. Shares reduced by 3.57%
2. Capital One Financial Corp (COF) - 13,225,015 shares, 6.51% of the total portfolio. Shares reduced by 3.21%
3. New Oriental Education & Technology Group Inc (EDU) - 10,241,402 shares, 5.94% of the total portfolio. Shares reduced by 3.59%
4. Alphabet Inc (GOOG) - 881,613 shares, 5.64% of the total portfolio. Shares reduced by 3.65%
5. United Technologies Corp (UTX) - 7,576,268 shares, 5.43% of the total portfolio. Shares reduced by 3.73%

Davis Selected Advisers initiated holding in Douglas Emmett Inc. The purchase prices were between $42.02 and $44.8, with an estimated average price of $43.28. The stock is now traded at around $44.25. The impact to a portfolio due to this purchase was 0.03%. The holding were 133,750 shares as of .

Davis Selected Advisers initiated holding in Sunstone Hotel Investors Inc. The purchase prices were between $13.25 and $14.41, with an estimated average price of $13.88. The stock is now traded at around $13.41. The impact to a portfolio due to this purchase was 0.03%. The holding were 419,000 shares as of .

Davis Selected Advisers initiated holding in Jernigan Capital Inc. The purchase prices were between $17.31 and $19.96, with an estimated average price of $18.38. The stock is now traded at around $20.39. The impact to a portfolio due to this purchase was less than 0.01%. The holding were 22,578 shares as of .

Davis Selected Advisers initiated holding in Dow Inc. The purchase prices were between $43.85 and $55.99, with an estimated average price of $51.84. The stock is now traded at around $48.27. The impact to a portfolio due to this purchase was less than 0.01%. The holding were 4,000 shares as of .

Davis Selected Advisers added to a holding in 58.com Inc by 2410.19%. The purchase prices were between $48.04 and $66.88, with an estimated average price of $56.6. The stock is now traded at around $58.99. The impact to a portfolio due to this purchase was 0.17%. The holding were 572,072 shares as of .

Davis Selected Advisers added to a holding in iShares S&P 500 Value ETF by 1251.59%. The purchase prices were between $114.75 and $130.26, with an estimated average price of $123.95. The stock is now traded at around $131.73. The impact to a portfolio due to this purchase was 0.04%. The holding were 57,956 shares as of .

Davis Selected Advisers added to a holding in CyrusOne Inc by 124.95%. The purchase prices were between $60.9 and $79.33, with an estimated average price of $68.34. The stock is now traded at around $66.99. The impact to a portfolio due to this purchase was 0.02%. The holding were 95,040 shares as of .

Davis Selected Advisers added to a holding in Public Storage by 31.98%. The purchase prices were between $204.25 and $247.33, with an estimated average price of $221.29. The stock is now traded at around $229.08. The impact to a portfolio due to this purchase was 0.02%. The holding were 97,180 shares as of .

Davis Selected Advisers added to a holding in SL Green Realty Corp by 52.70%. The purchase prices were between $78.9 and $92.9, with an estimated average price of $85.19. The stock is now traded at around $94.69. The impact to a portfolio due to this purchase was 0.02%. The holding were 107,900 shares as of .

Davis Selected Advisers added to a holding in Cabot Oil & Gas Corp by 43.49%. The purchase prices were between $15.71 and $18.96, with an estimated average price of $17.35. The stock is now traded at around $14.88. The impact to a portfolio due to this purchase was 0.02%. The holding were 1,014,668 shares as of .

Davis Selected Advisers sold out a holding in KKR & Co Inc. The sale prices were between $25.38 and $29.84, with an estimated average price of $28.55.

Davis Selected Advisers sold out a holding in First Industrial Realty Trust Inc. The sale prices were between $39.25 and $43.07, with an estimated average price of $41.28.

Davis Selected Advisers sold out a holding in Invitation Homes Inc. The sale prices were between $28.69 and $31.09, with an estimated average price of $29.97.

Davis Selected Advisers sold out a holding in Mid-America Apartment Communities Inc. The sale prices were between $128.08 and $139.15, with an estimated average price of $133.86.

Davis Selected Advisers sold out a holding in The Stars Group Inc. The sale prices were between $19.52 and $26.09, with an estimated average price of $22.56.