# Davis Selected Advisers

Davis Selected Advisers is an Asset Manager based in Tucson, United States.

## Overview

- **Organization type:** Asset Manager
- **Headquarters:** Tucson, United States
- **Region:** North America
- **Address:** Tucson, AZ, United States
- **Founded:** 1969
- **Assets under management:** Undisclosed
- **Website:** davisadvisers.com
- **LinkedIn:** https://www.linkedin.com/company/davis-selected-advisers-lp

## Regulatory record

- **CRD number:** 108674
- **SEC file number:** 801-31648
- **Registration status:** Registered
- **Reports private funds:** No
- **IAPD record:** https://adviserinfo.sec.gov/firm/summary/108674

## About

DAVIS SELECTED ADVISERS LP is an SEC-registered investment adviser in Tucson, AZ, since 1988. The firm manages $30.1 billion in assets, $25.6 billion on a discretionary basis. It has 121 employees and 10 investment advisers.

## Sectors

- Financial Services
- Healthcare
- Technology

## People

- Christopher Davis — Chairman
- Shelby Davis — Founder

## Questions

### What role does financial-services exposure play in the firm's strategy?

Financial services, particularly global banks and insurers, is historically the largest sector weight across Davis equity products. The firm believes well-capitalized financials trading below tangible book value can compound capital at attractive rates over time. Berkshire Hathaway, long a top holding, is the most visible example of the durable franchise the Davis team seeks.

### Does Davis Selected Advisers participate in fund commitments or only direct stock investing?

The firm primarily invests through direct public-equity stock selection inside its own regulated funds. It does not operate a fund-of-funds or private-market allocation business. The only external commitments it makes are the publicly traded securities it buys in the open market — no LP commitments to outside venture capital or private equity managers.

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Last updated: 2026-06-03T20:00:00.000Z

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