Davis Selected Advisers Buys New Oriental Education & Technology Group Inc, Shire PLC, Aetna Inc, Sells Amazon.com Inc, Cabot Oil & Gas Corp, Express Scripts Holding Co

• New Purchases: SHPG, NTB, IQ, OAK, QRVO, BX, EQIX, DLR, DINT, YRD,
• Added Positions: EDU, AET, JCI, COF, APA, FB, BABA, ADNT, WFC, HOLI,
• Reduced Positions: AMZN, COG, ESRX, APTV, BRK.A, JPM, LBTYK, VIPS, GOOGL, DPLO,
• Sold Out: DLPH, CXO, IVE, INXN, MON, KRG, CDR, DDR, RPT, IWV,

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

1. Amazon.com Inc (AMZN) - 1,139,761 shares, 7.14% of the total portfolio. Shares reduced by 23.34%
2. Wells Fargo & Co (WFC) - 26,676,903 shares, 6.05% of the total portfolio. Shares added by 1.67%
3. JPMorgan Chase & Co (JPM) - 12,136,523 shares, 5.77% of the total portfolio. Shares reduced by 3.6%
4. Capital One Financial Corp (COF) - 13,368,267 shares, 5.54% of the total portfolio. Shares added by 12.36%
5. Berkshire Hathaway Inc (BRK.A) - 3,952 shares, 5.11% of the total portfolio. Shares reduced by 4.19%

Davis Selected Advisers initiated holding in Shire PLC. The purchase prices were between $125.03 and $159.21, with an estimated average price of $137.68. The stock is now traded at around $169.17. The impact to a portfolio due to this purchase was 1.2%. The holding were 1,860,234 shares as of 2018-03-31.

Davis Selected Advisers initiated holding in Bank of N.T Butterfield & Son Ltd. The purchase prices were between $36.67 and $47.09, with an estimated average price of $42.64. The stock is now traded at around $48.12. The impact to a portfolio due to this purchase was 0.46%. The holding were 2,344,364 shares as of 2018-03-31.

Davis Selected Advisers initiated holding in iQIYI Inc. The purchase prices were between $15.55 and $15.55, with an estimated average price of $15.55. The stock is now traded at around $21.90. The impact to a portfolio due to this purchase was 0.19%. The holding were 2,850,400 shares as of 2018-03-31.

Davis Selected Advisers initiated holding in Oaktree Capital Group LLC. The purchase prices were between $39.6 and $46.3, with an estimated average price of $42.87. The stock is now traded at around $40.45. The impact to a portfolio due to this purchase was 0.16%. The holding were 913,476 shares as of 2018-03-31.

Davis Selected Advisers initiated holding in Qorvo Inc. The purchase prices were between $66.06 and $86.39, with an estimated average price of $75.18. The stock is now traded at around $82.14. The impact to a portfolio due to this purchase was 0.13%. The holding were 426,274 shares as of 2018-03-31.

Davis Selected Advisers initiated holding in Blackstone Group LP. The purchase prices were between $31.52 and $36.78, with an estimated average price of $34.09. The stock is now traded at around $31.46. The impact to a portfolio due to this purchase was 0.08%. The holding were 549,980 shares as of 2018-03-31.

Davis Selected Advisers added to a holding in New Oriental Education & Technology Group Inc by 341.46%. The purchase prices were between $82.77 and $104.92, with an estimated average price of $93.07. The stock is now traded at around $94.01. The impact to a portfolio due to this purchase was 1.39%. The holding were 4,754,390 shares as of 2018-03-31.

Davis Selected Advisers added to a holding in Aetna Inc by 40.38%. The purchase prices were between $168.11 and $193.74, with an estimated average price of $179.7. The stock is now traded at around $176.00. The impact to a portfolio due to this purchase was 0.96%. The holding were 4,569,931 shares as of 2018-03-31.

Davis Selected Advisers added to a holding in Johnson Controls International PLC by 30.74%. The purchase prices were between $34.29 and $41.43, with an estimated average price of $37.98. The stock is now traded at around $36.73. The impact to a portfolio due to this purchase was 0.8%. The holding were 22,417,989 shares as of 2018-03-31.

Davis Selected Advisers added to a holding in Intel Corp by 72.90%. The purchase prices were between $42.5 and $52.48, with an estimated average price of $47.52. The stock is now traded at around $54.93. The impact to a portfolio due to this purchase was 0.07%. The holding were 738,476 shares as of 2018-03-31.

Davis Selected Advisers added to a holding in Quotient Technology Inc by 68.53%. The purchase prices were between $10.5 and $14.8, with an estimated average price of $12.66. The stock is now traded at around $13.53. The impact to a portfolio due to this purchase was 0.07%. The holding were 3,017,402 shares as of 2018-03-31.

Davis Selected Advisers added to a holding in AvalonBay Communities Inc by 38.25%. The purchase prices were between $153.9 and $177.79, with an estimated average price of $163.9. The stock is now traded at around $164.89. The impact to a portfolio due to this purchase was 0.02%. The holding were 116,282 shares as of 2018-03-31.

Davis Selected Advisers sold out a holding in Delphi Technologies PLC. The sale prices were between $46.57 and $59.46, with an estimated average price of $51.89.

Davis Selected Advisers sold out a holding in Concho Resources Inc. The sale prices were between $138.98 and $161.66, with an estimated average price of $152.44.

Davis Selected Advisers sold out a holding in iShares S&P 500 Value. The sale prices were between $106.61 and $121.11, with an estimated average price of $114.26.

Davis Selected Advisers sold out a holding in InterXion Holding NV. The sale prices were between $55.11 and $63.59, with an estimated average price of $59.66.

Davis Selected Advisers sold out a holding in Ramco-Gershenson Properties Trust. The sale prices were between $11.56 and $14.79, with an estimated average price of $12.68.

Davis Selected Advisers sold out a holding in Cedar Realty Trust Inc. The sale prices were between $3.64 and $6.16, with an estimated average price of $4.6.

Davis Selected Advisers reduced to a holding in Amazon.com Inc by 23.34%. The sale prices were between $1189.01 and $1598.39, with an estimated average price of $1430.19. The stock is now traded at around $1607.10. The impact to a portfolio due to this sale was -1.73%. Davis Selected Advisers still held 1,139,761 shares as of 2018-03-31.

Davis Selected Advisers reduced to a holding in Cabot Oil & Gas Corp by 85.39%. The sale prices were between $23.01 and $29.12, with an estimated average price of $25.77. The stock is now traded at around $22.94. The impact to a portfolio due to this sale was -1.49%. Davis Selected Advisers still held 2,107,681 shares as of 2018-03-31.

Davis Selected Advisers reduced to a holding in Express Scripts Holding Co by 90.16%. The sale prices were between $69.08 and $81.92, with an estimated average price of $76.29. The stock is now traded at around $73.66. The impact to a portfolio due to this sale was -1.12%. Davis Selected Advisers still held 385,436 shares as of 2018-03-31.

Davis Selected Advisers reduced to a holding in Aptiv PLC by 27.12%. The sale prices were between $81.21 and $96.02, with an estimated average price of $90.76. The stock is now traded at around $96.45. The impact to a portfolio due to this sale was -0.24%. Davis Selected Advisers still held 1,819,720 shares as of 2018-03-31.

Davis Selected Advisers reduced to a holding in Vipshop Holdings Ltd by 99.52%. The sale prices were between $12.01 and $18.95, with an estimated average price of $16.53. The stock is now traded at around $15.20. The impact to a portfolio due to this sale was -0.16%. Davis Selected Advisers still held 15,770 shares as of 2018-03-31.

Davis Selected Advisers reduced to a holding in Diplomat Pharmacy Inc by 73.25%. The sale prices were between $19.89 and $27.31, with an estimated average price of $23.33. The stock is now traded at around $24.51. The impact to a portfolio due to this sale was -0.11%. Davis Selected Advisers still held 481,187 shares as of 2018-03-31.