| COF | Capital One Financial Corp. | 10.19% | 8,955,742 | $1,905,423,658 | -43,711 | -0.49% | $212.76 | 13F |
| META | Meta Platforms, Inc., Class A | 8.32% | 2,107,814 | $1,555,756,802 | -102,436 | -4.63% | $738.09 | 13F |
| AMAT | Applied Materials, Inc. | 4.85% | 4,957,593 | $907,586,623 | -35,579 | -0.71% | $183.07 | 13F |
| USB | U.S. Bancorp | 4.68% | 19,331,637 | $874,756,569 | 4,442,623 | 29.84% | $45.25 | 13F |
| MGM | MGM Resorts International | 4.38% | 23,821,109 | $819,207,939 | 3,006,052 | 14.44% | $34.39 | 13F |
| CVS | CVS Health Corporation | 4.27% | 11,586,790 | $799,256,774 | 37,733 | 0.33% | $68.98 | 13F |
| BRKA | Berkshire Hathaway Inc., Class A | 4.15% | 1,065 | $776,172,000 | -493 | -31.64% | $728800 | 13F |
| MKL | Markel Group, Inc | 3.96% | 371,131 | $741,282,215 | -338 | -0.09% | $1997.36 | 13F |
| AMZN | Amazon.com, Inc. | 3.83% | 3,269,161 | $717,221,231 | -250,793 | -7.12% | $219.39 | 13F |
| WFC | Wells Fargo & Co. | 3.5% | 8,176,423 | $655,095,014 | -292,224 | -3.45% | $80.12 | 13F |
| VTRS | Viatris Inc. | 3.17% | 66,375,520 | $592,733,394 | 1,427,284 | 2.2% | $8.93 | 13F |
| GOOGL | Alphabet Inc., Class A | 2.69% | 2,854,413 | $503,033,259 | -185,070 | -6.09% | $176.23 | 13F |
| TSN | Tyson Foods Inc | 2.68% | 8,956,466 | $501,024,708 | 4,276,884 | 91.39% | $55.94 | 13F |
| TXN | Texas Instruments, Inc. | 2.64% | 2,380,207 | $494,178,489 | -50,828 | -2.09% | $207.62 | 13F |
| TECK | Teck Resources Ltd., Class B | 2.38% | 11,034,993 | $445,593,017 | -155,635 | -1.39% | $40.38 | 13F |
| SOLV | Solventum Corp. | 2.23% | 5,492,661 | $416,563,410 | 204,523 | 3.87% | $75.84 | 13F |
| HUM | Humana Inc. | 2.16% | 1,652,734 | $404,060,408 | -678,609 | -29.11% | $244.48 | 13F |
| UNH | UnitedHealth Group Inc. | 1.89% | 1,132,885 | $353,426,134 | 1,084,366 | 2234.93% | $311.97 | 13F |
| CB | Chubb Ltd. | 1.66% | 1,071,823 | $310,528,656 | -14,566 | -1.34% | $289.72 | 13F |
| TCOM | Trip.com Group Ltd., ADR | 1.55% | 4,949,468 | $290,236,804 | 86,471 | 1.78% | $58.64 | 13F |
| BRKB | Berkshire Hathaway Inc., Class B | 1.44% | 553,845 | $269,041,285 | -124,608 | -18.37% | $485.77 | 13F |
| OC | Owens Corning | 1.3% | 1,769,093 | $243,285,670 | -18,149 | -1.02% | $137.52 | 13F |
| DGX | Quest Diagnostics Inc. | 1.3% | 1,354,420 | $243,294,465 | -1,033,882 | -43.29% | $179.63 | 13F |
| CTRA | Coterra Energy, Inc. | 1.27% | 9,338,141 | $237,002,019 | 9,338,141 | New | $25.38 | 13F |
| QSR | Restaurant Brands International, Inc. | 1.21% | 3,419,715 | $226,692,908 | 47,204 | 1.4% | $66.29 | 13F |
| CI | Cigna Group | 1.16% | 655,889 | $216,823,786 | -777,362 | -54.24% | $330.58 | 13F |
| AGCO | AGCO Corporation | 1% | 1,804,564 | $186,158,822 | -222,702 | -10.99% | $103.16 | 13F |
| JPM | JPMorgan Chase & Co. | 0.99% | 636,042 | $184,394,966 | -3,810 | -0.6% | $289.91 | 13F |
| BK | Bank of New York Mellon Corp. | 0.92% | 1,898,430 | $172,965,937 | -12,215 | -0.64% | $91.11 | 13F |
| CPNG | Coupang, Inc., Class A | 0.92% | 5,754,998 | $172,419,740 | -125,992 | -2.14% | $29.96 | 13F |
| DUSA | Davis Select U.S. Equity ETF | 0.84% | 3,383,338 | $156,580,879 | | No Change | $46.28 | 13F |
| COP | ConocoPhillips | 0.76% | 1,585,587 | $142,290,578 | 183,519 | 13.09% | $89.74 | 13F |
| YMM | Full Truck Alliance Co. Ltd. | 0.73% | 11,635,925 | $137,420,274 | 3,816,581 | 48.81% | $11.81 | 13F |
| MSFT | Microsoft Corp. | 0.66% | 247,956 | $123,335,794 | -8,567 | -3.34% | $497.41 | 13F |
| GOOG | Alphabet Inc., Class C | 0.62% | 650,390 | $115,372,682 | 3,693 | 0.57% | $177.39 | 13F |
| FITB | Fifth Third Bancorp | 0.55% | 2,512,856 | $103,353,767 | 51,737 | 2.1% | $41.13 | 13F |
| DINT | Davis Select International ETF | 0.54% | 3,890,080 | $100,597,480 | | No Change | $25.86 | 13F |
| DAR | Darling Ingredients Inc. | 0.5% | 2,443,570 | $92,709,046 | -32,899 | -1.33% | $37.94 | 13F |
| PNC | PNC Financial Services Group, Inc. | 0.5% | 502,357 | $93,649,392 | 6,549 | 1.32% | $186.42 | 13F |
| DFNL | Davis Select Financial ETF | 0.49% | 2,129,860 | $91,456,200 | | No Change | $42.94 | 13F |
| AXP | American Express Co. | 0.46% | 270,500 | $86,284,092 | -935 | -0.34% | $318.98 | 13F |
| IAC | IAC Inc. | 0.46% | 2,280,775 | $85,164,138 | -377,007 | -14.19% | $37.34 | 13F |
| NTES | NetEase Inc. - ADR | 0.43% | 593,347 | $79,852,639 | -2,767 | -0.46% | $134.58 | 13F |
| DWLD | Davis Select Worldwide ETF | 0.42% | 1,916,287 | $79,411,504 | | No Change | $41.44 | 13F |
| APP | AppLovin Corp., Class A | 0.4% | 215,073 | $75,292,756 | 52,062 | 31.94% | $350.08 | 13F |
| SE | Sea Ltd., Class A, ADR | 0.38% | 448,305 | $71,701,902 | -66,323 | -12.89% | $159.94 | 13F |
| BAC | Bank of America Corp. | 0.29% | 1,153,397 | $54,578,746 | -2,751 | -0.24% | $47.32 | 13F |
| L | Loews Corp. | 0.29% | 597,343 | $54,752,459 | -1,723 | -0.29% | $91.66 | 13F |
| WCC | Wesco International, Inc. | 0.29% | 290,746 | $53,846,159 | 32,243 | 12.47% | $185.2 | 13F |
| NTB | Bank of N.T. Butterfield & Son Limited | 0.25% | 1,062,264 | $47,037,050 | -6,177 | -0.58% | $44.28 | 13F |
| RKT | Rocket Companies, Inc., Class A | 0.24% | 3,132,678 | $44,421,374 | -6,611 | -0.21% | $14.18 | 13F |
| RNR | RenaissanceRe Holdings Ltd | 0.19% | 143,067 | $34,750,974 | -734 | -0.51% | $242.9 | 13F |
| BEKE | KE Holdings Inc., Class A, ADR | 0.18% | 1,852,812 | $32,868,885 | -7,716 | -0.41% | $17.74 | 13F |
| ORCL | Oracle Corporation | 0.15% | 131,574 | $28,766,024 | -4,806 | -3.52% | $218.63 | 13F |
| VALE | Vale S.A., ADR | 0.15% | 2,948,514 | $28,630,071 | 215,001 | 7.87% | $9.71 | 13F |
| SCHW | Charles Schwab Corp. | 0.14% | 296,438 | $27,047,003 | -1,168 | -0.39% | $91.24 | 13F |
| JCI | Johnson Controls International plc | 0.14% | 245,323 | $25,911,015 | -158,841 | -39.3% | $105.62 | 13F |
| AMT | American Tower Corp | 0.11% | 91,650 | $20,256,483 | 2,710 | 3.05% | $221.02 | 13F |
| ANGI | ANGI Inc., Class A | 0.1% | 1,181,911 | $18,035,962 | 1,181,911 | New | $15.26 | 13F |
| BXP | BXP, Inc. | 0.08% | 209,630 | $14,143,736 | 6,190 | 3.04% | $67.47 | 13F |
| NVDA | NVIDIA Corp. | 0.08% | 89,135 | $14,082,438 | 89,135 | New | $157.99 | 13F |
| SAP | SAP SE - ADR | 0.08% | 46,769 | $14,222,453 | -29,357 | -38.56% | $304.1 | 13F |
| BRX | Brixmor Property Group, Inc. | 0.07% | 498,390 | $12,978,076 | 14,030 | 2.9% | $26.04 | 13F |
| CUZ | Cousins Properties, Inc. | 0.07% | 460,235 | $13,820,857 | 13,300 | 2.98% | $30.03 | 13F |
| EQIX | Equinix, Inc. | 0.07% | 15,663 | $12,459,447 | 290 | 1.89% | $795.47 | 13F |
| NOAH | Noah Holdings Ltd., Class A, ADS | 0.07% | 1,021,585 | $12,197,725 | -633,232 | -38.27% | $11.94 | 13F |
| PLD | Prologis, Inc. | 0.07% | 129,226 | $13,584,237 | -42,530 | -24.76% | $105.12 | 13F |
| REXR | Rexford Industrial Realty, Inc. | 0.07% | 375,010 | $13,339,106 | 11,390 | 3.13% | $35.57 | 13F |
| VTR | Ventas, Inc. | 0.07% | 203,350 | $12,841,553 | -46,840 | -18.72% | $63.15 | 13F |
| EG | Everest Group, Ltd. | 0.07% | 39,500 | $13,424,075 | -162 | -0.41% | $339.85 | 13F |
| ARE | Alexandria Real Estate Equities, Inc. | 0.06% | 156,187 | $11,343,862 | 4,870 | 3.22% | $72.63 | 13F |
| AVB | AvalonBay Communities, Inc. | 0.06% | 57,820 | $11,766,370 | 1,170 | 2.07% | $203.5 | 13F |
| DLR | Digital Realty Trust, Inc. | 0.06% | 68,460 | $11,934,632 | 1,330 | 1.98% | $174.33 | 13F |
| JD | JD.com Inc., Class A, ADR | 0.06% | 343,487 | $11,211,416 | -1,974 | -0.57% | $32.64 | 13F |
| PSA | Public Storage, Inc. | 0.06% | 40,400 | $11,854,168 | -9,360 | -18.81% | $293.42 | 13F |
| AMH | American Homes 4 Rent - Class A | 0.05% | 250,360 | $9,030,485 | 7,240 | 2.98% | $36.07 | 13F |
| CPT | Camden Property Trust | 0.05% | 78,650 | $8,863,069 | 2,140 | 2.8% | $112.69 | 13F |
| MTB | M & T Bank Corp | 0.05% | 50,948 | $9,883,403 | -237 | -0.46% | $193.99 | 13F |
| REG | Regency Centers Corporation | 0.05% | 121,830 | $8,677,951 | 3,690 | 3.12% | $71.23 | 13F |
| SPG | Simon Property Group, Inc. | 0.05% | 58,723 | $9,440,309 | -9,310 | -13.68% | $160.76 | 13F |
| SHO | Sunstone Hotel Investors, Inc. | 0.05% | 1,155,480 | $10,029,566 | 363,750 | 45.94% | $8.68 | 13F |
| EGP | Eastgroup Properties, Inc. | 0.04% | 46,130 | $7,709,246 | 1,380 | 3.08% | $167.12 | 13F |
| EQR | Equity Residential | 0.04% | 101,725 | $6,865,420 | 1,870 | 1.87% | $67.49 | 13F |
| ESS | Essex Property Trust, Inc. | 0.04% | 28,541 | $8,088,519 | 810 | 2.92% | $283.4 | 13F |
| EXR | Extra Space Storage, Inc. | 0.04% | 56,765 | $8,369,432 | -20 | -0.04% | $147.44 | 13F |
| DOC | Healthpeak Properties, Inc. | 0.04% | 389,186 | $6,814,647 | 142,380 | 57.69% | $17.51 | 13F |
| MAA | Mid-America Apartment Communities, Inc. | 0.04% | 53,050 | $7,851,931 | 1,600 | 3.11% | $148.01 | 13F |
| STT | State Street Corp. | 0.04% | 72,251 | $7,683,171 | -453 | -0.62% | $106.34 | 13F |
| TFC | Truist Financial Corp. | 0.04% | 155,845 | $6,699,777 | -586 | -0.37% | $42.99 | 13F |
| UDR | UDR, Inc. | 0.04% | 161,990 | $6,614,052 | 3,380 | 2.13% | $40.83 | 13F |
| CHCT | Community Healthcare Trust, Inc. | 0.03% | 332,280 | $5,525,816 | 30,540 | 10.12% | $16.63 | 13F |
| HPP | Hudson Pacific Properties Inc. | 0.03% | 2,295,973 | $6,290,966 | -990 | -0.04% | $2.74 | 13F |
| SUI | Sun Communities, Inc. | 0.03% | 38,370 | $4,853,421 | 13,330 | 53.23% | $126.49 | 13F |
| TRNO | Terreno Realty Corp. | 0.03% | 104,197 | $5,842,326 | 3,370 | 3.34% | $56.07 | 13F |
| VICI | VICI Properties, Inc. | 0.03% | 169,740 | $5,533,524 | 26,300 | 18.34% | $32.6 | 13F |
| CDP | COPT Defense Properties | 0.02% | 147,490 | $4,067,774 | 147,490 | New | $27.58 | 13F |
| CCI | Crown Castle, Inc. | 0.02% | 42,300 | $4,345,479 | 1,300 | 3.17% | $102.73 | 13F |
| DEI | Douglas Emmett, Inc | 0.02% | 276,750 | $4,162,320 | 7,930 | 2.95% | $15.04 | 13F |
| NTST | NetSTREIT Corp. | 0.02% | 220,510 | $3,733,234 | 105,550 | 91.81% | $16.93 | 13F |
| O | Realty Income Corp. | 0.02% | 48,870 | $2,815,401 | 48,870 | New | $57.61 | 13F |
| IVE | iShares S&P 500 Value Index Fund | 0.01% | 10,978 | $2,145,321 | -8,734 | -44.31% | $195.42 | 13F |
| TSM | Taiwan Semiconductor Manufacturing | 0.00872% | 7,200 | $1,630,728 | 7,200 | New | $226.49 | 13F |
| LRCX | Lam Research Corp. | 0.00639% | 12,280 | $1,195,335 | | No Change | $97.34 | 13F |
| CCK | Crown Holdings, Inc. | 0.00472% | 8,570 | $882,539 | | No Change | $102.98 | 13F |
| RH | RH | 0.00226% | 2,240 | $423,382 | | No Change | $189.01 | 13F |
| AAPL | Apple Inc. | 0.00139% | 1,265 | $259,540 | 1,265 | New | $205.17 | 13F |
| XOM | Exxon Mobil Corp. | 0.00119% | 2,066 | $222,715 | 2,066 | New | $107.8 | 13F |
| YOU | Clear Secure, Inc. | | | | -581,691 | Exited | | 13F |
| FRT | Federal Realty Investment Trust | | | | -32,930 | Exited | | 13F |
| HIW | Highwoods Properties Inc. | | | | -129,180 | Exited | | 13F |
| INTC | Intel Corp. | | | | -10,683 | Exited | | 13F |
| SKX | Skechers U.S.A., Inc., Class A | | | | -6,000 | Exited | | 13F |
