| COF | Capital One Financial Corp. | 7.13% | 8,270,946 | $1,659,420,488 | -268,790 | -3.15% | $200.63 | 13F |
| USB | U.S. Bancorp | 5.56% | 21,453,510 | $1,295,909,823 | -784,450 | -3.53% | $60.41 | 13F |
| CVS | CVS Health Corporation | 5.27% | 11,865,916 | $1,227,594,458 | -373,750 | -3.05% | $103.46 | 13F |
| VTRS | Viatris Inc. | 5.13% | 75,232,254 | $1,194,789,797 | -2,978,937 | -3.81% | $15.88 | 13F |
| MGM | MGM Resorts International | 4.91% | 23,903,317 | $1,142,790,561 | -392,021 | -1.61% | $47.81 | 13F |
| GOOGL | Alphabet Inc., Class A | 4.51% | 2,937,160 | $1,049,690,448 | -157,499 | -5.09% | $357.38 | 13F |
| DVN | Devon Energy Corp. | 4.49% | 25,297,991 | $1,045,194,009 | 25,297,991 | New | $41.32 | 13F |
| AMZN | Amazon.com, Inc. | 4.38% | 4,276,176 | $1,019,230,487 | 850,924 | 24.84% | $238.35 | 13F |
| META | Meta Platforms, Inc., Class A | 3.99% | 1,648,172 | $928,729,727 | -70,984 | -4.13% | $563.49 | 13F |
| MKL | Markel Group, Inc | 3.41% | 406,759 | $794,400,127 | 23,326 | 6.08% | $1953 | 13F |
| TXN | Texas Instruments, Inc. | 3.12% | 2,437,486 | $726,548,835 | -412,185 | -14.46% | $298.07 | 13F |
| TSN | Tyson Foods Inc | 3.11% | 12,653,717 | $724,483,355 | -436,972 | -3.34% | $57.25 | 13F |
| WFC | Wells Fargo & Co. | 2.84% | 8,008,728 | $661,900,943 | -182,143 | -2.22% | $82.65 | 13F |
| BRKA | Berkshire Hathaway Inc., Class A | 2.79% | 868 | $650,010,400 | -55 | -5.96% | $748860 | 13F |
| CI | Cigna Group | 2.67% | 2,253,424 | $621,243,564 | 19,495 | 0.87% | $275.69 | 13F |
| JBS | JBS N.V., Class A | 2.54% | 50,016,236 | $592,692,397 | 23,771,576 | 90.58% | $11.85 | 13F |
| UNH | UnitedHealth Group Inc. | 2.28% | 1,274,650 | $529,839,298 | 27,174 | 2.18% | $415.67 | 13F |
| TECK | Teck Resources Ltd., Class B | 2.14% | 8,363,497 | $497,288,923 | -2,221,166 | -20.98% | $59.46 | 13F |
| SOLV | Solventum Corp. | 2.09% | 6,307,729 | $486,686,122 | -22,596 | -0.36% | $77.16 | 13F |
| LYB | LyondellBasell Industries N.V. | 1.97% | 8,698,852 | $457,993,661 | 3,102,264 | 55.43% | $52.65 | 13F |
| CB | Chubb Ltd. | 1.68% | 1,148,090 | $391,231,100 | -47,301 | -3.96% | $340.77 | 13F |
| BRKB | Berkshire Hathaway Inc., Class B | 1.59% | 738,433 | $369,514,455 | -11,413 | -1.52% | $500.4 | 13F |
| TCOM | Trip.com Group Ltd., ADR | 1.5% | 8,761,371 | $349,053,040 | 2,206,259 | 33.66% | $39.84 | 13F |
| OC | Owens Corning | 1.42% | 2,081,213 | $330,714,230 | -19,722 | -0.94% | $158.9 | 13F |
| DGX | Quest Diagnostics Inc. | 1.42% | 1,555,612 | $329,781,509 | -62,201 | -3.84% | $211.99 | 13F |
| PINS | Pinterest, Inc., Class A | 1.14% | 12,574,721 | $264,483,320 | 174,620 | 1.41% | $21.03 | 13F |
| AGCO | AGCO Corporation | 1.06% | 2,058,488 | $246,362,363 | -28,155 | -1.35% | $119.68 | 13F |
| YMM | Full Truck Alliance Co. Ltd., ADR | 0.96% | 27,639,082 | $224,429,344 | -1,124,109 | -3.91% | $8.12 | 13F |
| QSR | Restaurant Brands International, Inc. | 0.87% | 2,800,345 | $203,046,140 | -798,782 | -22.19% | $72.51 | 13F |
| GOOG | Alphabet Inc., Class C | 0.86% | 564,274 | $199,394,651 | -113,333 | -16.73% | $353.36 | 13F |
| COP | ConocoPhillips | 0.84% | 1,877,583 | $195,190,301 | 2,155 | 0.11% | $103.96 | 13F |
| SE | Sea Ltd., Class A, ADR | 0.83% | 2,011,812 | $192,792,171 | 161,981 | 8.76% | $95.83 | 13F |
| DUSA | Davis Select U.S. Equity ETF | 0.82% | 3,400,745 | $191,053,853 | | No Change | $56.18 | 13F |
| APP | AppLovin Corp., Class A | 0.7% | 315,539 | $162,719,473 | -20,271 | -6.04% | $515.69 | 13F |
| JPM | JPMorgan Chase & Co. | 0.67% | 476,389 | $155,936,320 | -80,063 | -14.39% | $327.33 | 13F |
| FITB | Fifth Third Bancorp | 0.65% | 2,684,183 | $151,307,396 | -129,342 | -4.6% | $56.37 | 13F |
| WCC | Wesco International, Inc. | 0.54% | 363,915 | $125,503,133 | -17,092 | -4.49% | $344.87 | 13F |
| PNC | PNC Financial Services Group, Inc. | 0.52% | 496,066 | $122,141,371 | -45,856 | -8.46% | $246.22 | 13F |
| DINT | Davis Select International ETF | 0.48% | 3,915,748 | $111,598,809 | | No Change | $28.5 | 13F |
| PPLI | People Inc. | 0.47% | 2,394,024 | $110,507,409 | -19,223 | -0.8% | $46.16 | 13F |
| DFNL | Davis Select Financial ETF | 0.45% | 2,130,666 | $105,180,322 | | No Change | $49.36 | 13F |
| DWLD | Davis Select Worldwide ETF | 0.38% | 1,935,585 | $89,501,467 | | No Change | $46.24 | 13F |
| NTES | NetEase Inc. - ADR | 0.34% | 612,955 | $78,544,448 | 190,243 | 45.01% | $128.14 | 13F |
| AMAT | Applied Materials, Inc. | 0.32% | 102,521 | $74,073,702 | -1,094,581 | -91.44% | $722.52 | 13F |
| RNR | RenaissanceRe Holdings Ltd | 0.32% | 234,528 | $74,321,923 | -22,662 | -8.81% | $316.9 | 13F |
| AXP | American Express Co. | 0.3% | 209,821 | $70,971,938 | -23,305 | -10% | $338.25 | 13F |
| RKT | Rocket Companies, Inc., Class A | 0.3% | 4,463,148 | $70,294,581 | -360,422 | -7.47% | $15.75 | 13F |
| L | Loews Corp. | 0.27% | 545,211 | $61,723,337 | -68,886 | -11.22% | $113.21 | 13F |
| NTB | Bank of N.T. Butterfield & Son Limited | 0.26% | 1,012,140 | $60,222,331 | -60,989 | -5.68% | $59.5 | 13F |
| BAC | Bank of America Corp. | 0.24% | 992,776 | $56,568,376 | -166,428 | -14.36% | $56.98 | 13F |
| BNY | Bank of New York Mellon Corp. | 0.23% | 366,448 | $52,992,003 | -158,780 | -30.23% | $144.61 | 13F |
| CHYM | Chime Financial, Inc. | 0.21% | 2,331,776 | $47,754,772 | -207,430 | -8.17% | $20.48 | 13F |
| VALE | Vale S.A., ADR | 0.19% | 2,929,850 | $44,064,944 | -1,348 | -0.05% | $15.04 | 13F |
| EG | Everest Group, Ltd. | 0.19% | 126,423 | $45,162,088 | -14,485 | -10.28% | $357.23 | 13F |
| MSFT | Microsoft Corp. | 0.15% | 92,973 | $34,704,890 | 14,484 | 18.45% | $373.28 | 13F |
| NVDA | NVIDIA Corp. | 0.13% | 154,727 | $30,950,161 | 41,171 | 36.26% | $200.03 | 13F |
| BEKE | KE Holdings Inc., Class A, ADR | 0.12% | 1,850,782 | $26,891,862 | -1,022 | -0.06% | $14.53 | 13F |
| FI | Fiserv, Inc. | 0.11% | 539,839 | $26,479,103 | -49,046 | -8.33% | $49.05 | 13F |
| SCHW | Charles Schwab Corp. | 0.11% | 289,871 | $26,746,397 | -21,111 | -6.79% | $92.27 | 13F |
| STT | State Street Corp. | 0.11% | 147,966 | $25,095,034 | -4,234 | -2.78% | $169.6 | 13F |
| PLD | Prologis, Inc. | 0.1% | 178,556 | $24,188,981 | -4,030 | -2.21% | $135.47 | 13F |
| EQIX | Equinix, Inc. | 0.09% | 19,313 | $20,131,678 | -1,910 | -9% | $1042.39 | 13F |
| JCI | Johnson Controls International plc | 0.09% | 141,422 | $20,659,045 | -52,458 | -27.06% | $146.08 | 13F |
| BXP | BXP, Inc. | 0.07% | 232,050 | $15,387,236 | -5,140 | -2.17% | $66.31 | 13F |
| CUZ | Cousins Properties, Inc. | 0.07% | 573,605 | $17,196,678 | -12,860 | -2.19% | $29.98 | 13F |
| ADBE | Adobe Inc. | 0.06% | 67,894 | $13,929,293 | 22,755 | 50.41% | $205.16 | 13F |
| BRX | Brixmor Property Group, Inc. | 0.06% | 477,150 | $15,044,540 | -86,020 | -15.27% | $31.53 | 13F |
| DLR | Digital Realty Trust, Inc. | 0.06% | 73,280 | $13,159,622 | -5,600 | -7.1% | $179.58 | 13F |
| DOC | Healthpeak Properties, Inc. | 0.06% | 631,026 | $13,503,956 | -14,180 | -2.2% | $21.4 | 13F |
| MTB | M & T Bank Corp | 0.06% | 58,072 | $13,821,717 | -2,233 | -3.7% | $238.01 | 13F |
| AMH | American Homes 4 Rent - Class A | 0.05% | 325,590 | $10,913,777 | 48,420 | 17.47% | $33.52 | 13F |
| AVB | AvalonBay Communities, Inc. | 0.05% | 59,890 | $11,300,644 | -20,080 | -25.11% | $188.69 | 13F |
| CDP | COPT Defense Properties | 0.05% | 292,700 | $10,651,353 | -6,500 | -2.17% | $36.39 | 13F |
| ORCL | Oracle Corporation | 0.05% | 74,923 | $10,974,177 | -5,491 | -6.83% | $146.47 | 13F |
| PSA | Public Storage, Inc. | 0.05% | 37,740 | $12,013,019 | -3,520 | -8.53% | $318.31 | 13F |
| SPG | Simon Property Group, Inc. | 0.05% | 49,318 | $11,029,971 | -1,140 | -2.26% | $223.65 | 13F |
| SNPS | Synopsys, Inc. | 0.05% | 24,962 | $11,141,731 | -951 | -3.67% | $446.35 | 13F |
| AMT | American Tower Corp | 0.04% | 63,250 | $10,345,803 | -1,370 | -2.12% | $163.57 | 13F |
| CPT | Camden Property Trust | 0.04% | 86,120 | $9,859,879 | -1,890 | -2.15% | $114.49 | 13F |
| DAR | Darling Ingredients Inc. | 0.04% | 170,846 | $9,339,954 | -17,059 | -9.08% | $54.67 | 13F |
| EGP | Eastgroup Properties, Inc. | 0.04% | 51,230 | $10,375,612 | -1,140 | -2.18% | $202.53 | 13F |
| ESS | Essex Property Trust, Inc. | 0.04% | 28,501 | $8,310,607 | 11,740 | 70.04% | $291.59 | 13F |
| NOAH | Noah Holdings Ltd., Class A, ADS | 0.04% | 964,486 | $9,635,215 | -57,099 | -5.59% | $9.99 | 13F |
| REG | Regency Centers Corporation | 0.04% | 116,340 | $9,276,952 | -22,290 | -16.08% | $79.74 | 13F |
| SAP | SAP SE - ADR | 0.04% | 60,529 | $9,334,420 | -256,893 | -80.93% | $154.21 | 13F |
| SHO | Sunstone Hotel Investors, Inc. | 0.04% | 870,120 | $9,962,874 | -19,600 | -2.2% | $11.45 | 13F |
| TFC | Truist Financial Corp. | 0.04% | 208,391 | $10,382,040 | -16,414 | -7.3% | $49.82 | 13F |
| VTR | Ventas, Inc. | 0.04% | 111,420 | $9,894,096 | -2,450 | -2.15% | $88.8 | 13F |
| CHCT | Community Healthcare Trust, Inc. | 0.03% | 322,890 | $5,902,429 | -7,150 | -2.17% | $18.28 | 13F |
| EQR | Equity Residential | 0.03% | 91,855 | $6,239,710 | -13,910 | -13.15% | $67.93 | 13F |
| JD | JD.com Inc., Class A, ADR | 0.03% | 283,280 | $7,217,974 | -138 | -0.05% | $25.48 | 13F |
| REXR | Rexford Industrial Realty, Inc. | 0.03% | 191,960 | $6,430,660 | -17,650 | -8.42% | $33.5 | 13F |
| SBAC | SBA Communications Corp-CL A | 0.03% | 40,700 | $7,181,922 | 40,700 | New | $176.46 | 13F |
| TRNO | Terreno Realty Corp. | 0.03% | 111,037 | $7,191,866 | -2,470 | -2.18% | $64.77 | 13F |
| ANGI | ANGI Inc., Class A | 0.02% | 932,653 | $5,549,285 | -16,340 | -1.72% | $5.95 | 13F |
| ARE | Alexandria Real Estate Equities, Inc. | 0.02% | 80,467 | $4,252,681 | -100,340 | -55.5% | $52.85 | 13F |
| CUBE | CubeSmart | 0.02% | 90,280 | $3,590,436 | -1,990 | -2.16% | $39.77 | 13F |
| DEI | Douglas Emmett, Inc | 0.02% | 301,580 | $3,558,644 | -6,670 | -2.16% | $11.8 | 13F |
| EXR | Extra Space Storage, Inc. | 0.02% | 27,535 | $4,000,836 | -600 | -2.13% | $145.3 | 13F |
| FRMI | Fermi Inc. | 0.02% | 451,400 | $4,134,824 | 145,670 | 47.65% | $9.16 | 13F |
| HPP | Hudson Pacific Properties, Inc. | 0.02% | 315,236 | $4,788,435 | -6,940 | -2.15% | $15.19 | 13F |
| JLL | Jones Lang LaSalle, Inc. | 0.02% | 12,295 | $3,810,835 | -100 | -0.81% | $309.95 | 13F |
| O | Realty Income Corp. | 0.02% | 92,720 | $5,744,931 | -2,190 | -2.31% | $61.96 | 13F |
| SUI | Sun Communities, Inc. | 0.02% | 42,480 | $5,093,777 | -950 | -2.19% | $119.91 | 13F |
| VICI | VICI Properties, Inc. | 0.02% | 215,360 | $5,717,808 | -4,820 | -2.19% | $26.55 | 13F |
| CBRE | CBRE Group, Inc. | 0.01% | 25,390 | $3,419,779 | -220 | -0.86% | $134.69 | 13F |
| MAA | Mid-America Apartment Communities, Inc. | 0.01% | 21,900 | $3,042,786 | -26,120 | -54.39% | $138.94 | 13F |
| TSM | Taiwan Semiconductor Manufacturing, ADR | 0.00816% | 3,980 | $1,900,729 | -3,220 | -44.72% | $477.57 | 13F |
| LRCX | Lam Research Corp. | 0.00517% | 2,780 | $1,204,657 | | No Change | $433.33 | 13F |
| JAN | Janus Living, Inc. | 0.00432% | 35,000 | $1,005,900 | 25,000 | 250% | $28.74 | 13F |
| IVE | iShares S&P 500 Value Index Fund | 0.00321% | 3,288 | $746,573 | -8,336 | -71.71% | $227.06 | 13F |
| CCK | Crown Holdings, Inc. | 0.00263% | 5,470 | $611,655 | -3,100 | -36.17% | $111.82 | 13F |
| CTRA | Coterra Energy, Inc. | | | | -37,119,404 | Exited | | 13F |
| CCI | Crown Castle, Inc. | | | | -41,920 | Exited | | 13F |
