Chris Davis Buys Covidien Ltd., Brookfield Asset Management Inc. Ltd., Staples Inc., Sells CVS Caremark Corp., American Standard Companies Inc., SK Telecom Co. Ltd.

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Aug 13, 2008
Like many other value investors, Chris Davis's funds have been not doing very well. But it seems that he is determined, and he is buying a lot of new stocks. These are his buys and sells during the second quarter. Chris Davis owns 336 stocks with a total value of $81.8 billion.


Chris Davis buys Covidien Ltd., Brookfield Asset Management Inc. Ltd., HUNTER DOUGLAS NV, Staples Inc., Exxon Mobil Corp., UDR Inc., Pfizer Inc, Chevron Corp., ScheringPlough Corp., Yahoo! Inc., Merck & Co. Inc., PepsiCo Inc., WellPoint Inc., IngersollRand Company Ltd., Eli Lilly and Company, Oracle Corp., Verizon Communications Inc., Zimmer Holdings Inc., QUALCOMM Inc., Apple Inc., Apache Corp., Air Products and Chemicals Inc., Precision Castparts Corp., Public Service Enterprise Group, Abercrombie & Fitch Co., ParkerHannifin Corp., PPL Corp., Praxair Inc., AutoNation Inc., Aetna Inc., Raytheon Company, Charles Schwab Corp., American Eagle Outfitters Inc., Anadarko Petroleum Corp., OwensIllinois Inc., Leucadia National Corp., McDonald's Corp., McKesson Corp., Medtronic Inc., Medco Health Solutions Inc., Mosaic Company The, Forest Laboratories Inc., Murphy Oil Corp., Noble Corp., NIKE Inc., Nortel Networks Corp., Nucor Corp., Office Depot Inc., Smith International Inc., Archer Daniels Midland Company, United Technologies Corp., Valero Energy Corp., VeriSign Inc., ACE Ltd., Walgreen Company, Western Digital Corp., Weatherford International Ltd., Barrick Gold Corp., Wm. Wrigley Jr. Company, Wyeth, Abbott Laboratories, XTO Energy Inc., AmerisourceBergen Corp., UST Inc., U.S. Bancorp, Sunoco Inc., Supervalu Inc., Southwestern Energy Company, Stryker Corp., AT&T Inc., Target Corp., The TJX Companies Inc., Torchmark Corp., The Travelers Companies Inc., Total System Services Inc., Textron Inc., Affiliated Computer Services Inc., Unum Group, Reliant Energy Inc., Baker Hughes Inc., Deere & Company, Quest Diagnostics Inc., Danaher Corp., Discovery Holding Company Series A, Denbury Resources Inc., Diamond Offshore Drilling Inc., The Estee Lauder Companies Inc., EMC Corp., Emerson Electric Co., Energizer Holdings Inc., ITT Educational Services Inc., Ford Motor Company, BB&T Corp., Coventry Health Care Inc., Citrix Systems Inc., Biogen Idec Inc, BlackRock Inc., AnheuserBusch Companies Inc., Cameron International Corp., Caterpillar Inc., CocaCola Enterprises Inc., Celanese Corp. Series A, Chesapeake Energy Corp., ColgatePalmolive Company, Comerica Inc., Coach Inc., Best Buy Co. Inc., Fiserv Inc., FLIR Systems Inc., Fluor Corp., The Hartford Financial Services Group In, Honeywell International Inc., Intel Corp., Apollo Group Inc., Invitrogen Corp., Jacobs Engineering Group Inc., Juniper Networks Inc., Nordstrom Inc., Kellogg Company, Kraft Foods Inc., KimberlyClark Corp., Liz Claiborne Inc., Hess Corp., Avnet Inc., Hudson City Bancorp Inc., Flowserve Corp., Freddie Mac, FMC Technologies Inc., Gannett Co. Inc., General Dynamics Corp., Genzyme Corp., Gilead Sciences Inc., General Motors Corp., GameStop Corp., The Gap Inc., Goodrich Corp., Halliburton Company, L3 Communications Holdings Inc., sells CVS Caremark Corp., American Standard Companies Inc., SK Telecom Co. Ltd., Safeco Corp., Quanta Services Inc., Omnicare Inc., Nabors Industries Ltd., Molex Inc., Mohawk Industries Inc., iShares Russell 3000 Index Fund, Duke Realty Corp., UStoreIt Trust during the 3-months ended 06/30/2008, according to the most recent filings of his investment company, Davis Selected Advisers. Chris Davis owns 336 stocks with a total value of $81.8 billion. These are the details of the buys and sells.





New Purchases: AAPL, ABC, ABT, ABX, ACE, ACS, ADM, AEO, AET, AN, ANF, APA, APC, APD, APOL, AVT, BAM, BBT, BBY, BHI, BIIB, BLK, BUD, CAM, CAT, CCE, CE, CHK, CL, CMA, COH, COV, CTXS, CVH, CVX, DE, DGX, DHR, DISCA, DNR, DO, EL, EMC, EMR, ENR, ESI, F, FISV, FLIR, FLR, FLS, FRE, FRX, FTI, GCI, GD, GENZ, GILD, GM, GME, GPS, GR, HAL, HCBK, HDUGF.PK, HES, HIG, HON, INTC, IR, IVGN, JEC, JNPR, JWN, K, KFT, KMB, LIZ, LLL, LLY, LUK, MCD, MCK, MDT, MHS, MOS, MRK, MUR, NE, NKE, NT, NUE, ODP, OI, ORCL, PCP, PEG, PEP, PFE, PH, PPL, PX, QCOM, RRI, RTN, SCHW, SGP, SII, SPLS, SUN, SVU, SWN, SYK, T, TGT, TJX, TMK, TRV, TSS, TXT, UDR, UNM, USB, UST, UTX, VLO, VRSN, VZ, WAG, WDC, WFT, WLP, WWY, WYE, XOM, XTO, YHOO, ZMH,


Added Positions: AES, AIG, ALL, AMGN, AMX, BAC, BK, CB, FRT, GE, GRMN, GS, HD, IBM, IVE, JNJ, KO, LBTYK, MER, MMM, MON, SLB, TXN, UNH, WB, HOG,


Reduced Positions: C, CBL, CHT, DDR, FPIC, LRY, NFLX, PLD, RNR, UBS, VMED, WMT, WTM,


Sold Out: CVS, DRE, IWV, MHK, MOLXA, NBR, OCR, PWR, SAF, SKM, TT, YSI,


For the details of Chris Davis's stock buys and sells, go to http://www.gurufocus.com/StockBuy.php?GuruName=Chris+Davis