DAVIS CAPITAL PARTNERS, LLC

CIK

1583119

Location

Sausalito, CA

Portfolio Value

Mid $1,336,617,443

Diversification

Diversified

Filing Date

Global Rank

#1,037 / 6,723 ▲ 35

Top Industry

Banks - Regional 34.0%

3Y Alpha vs SPY

-0.8%

Period ended 3 years ago

Filed Aug 12, 2022 · 3y

10 quarters · since Mar 2020

Clone Performance

Jun 2023–Jun 2026 · vs SPY

Hypothetical growth of cloning every reported 13F position and rebalancing on each filing, indexed to the same start.

Cloned portfolio

+73.1%

SPY

+76.5%

Annualised alpha

-0.8%

Max drawdown

−21.7%

Estimate. 13F holdings are quarter-lagged and long-only, so the clone rebalances about 45 days after each period end — when the filing becomes public — and excludes options and short positions. Past performance does not predict future results.

Portfolio Concentration

24 positions · as of Jun 30, 2022 · Δ vs Mar 31, 2022

Top Position

12.3%

+0.9 pts

Top 5

44.2%

−0.7 pts

Top 10

67.5%

−0.9 pts

HHI

613

Diversified+5

Portfolio Trend

10 quarters · across all stocks

Sector Breakdown

As of Jun 30, 2022

Sector	% Portfolio	Value	Positions
Financial Services	78.6%	$1,051,219,443	20
Industrials	9.1%	$121,704,000	1
Communication Services	6.0%	$80,625,000	1
Consumer Cyclical	4.3%	$56,840,000	1
Real Estate	2.0%	$26,229,000	1

Last Quarter's Activity

Export CSV

Jun 30, 2022 vs Mar 31, 2022

Added To

Positions the filer increased

6 positions

Ticker	Company	Δ Shares	Shares	Value
STT	State Street Corp	+800,000	1,000,000	$61,650,000
CG	Carlyle Group Inc.	+500,000	1,500,000	$47,490,000
TCBK	Trico Bancshares /	+298,700	1,000,800	$45,676,512
WAL	Western Alliance Bancorporation	+275,000	2,325,000	$164,145,000
FSBC	Five Star Bancorp	+113,700	850,000	$22,457,000
AX	Axos Financial, Inc.	+91,721	866,721	$31,071,947
No positions match the current search.

Trimmed

Positions the filer reduced

1 positions

Ticker	Company	Δ Shares	Shares	Value	Open
USB	US Bancorp De	−217,174	1,000,000	$46,020,000
No positions match the current search.

New Positions

Positions the filer opened this quarter

No qualifying positions this quarter.

Sold Out

Positions the filer fully exited

2 positions

Ticker	Company	Shares	Value
C	Citigroup Inc	600,000	$32,040,000
WFC	Wells Fargo & Company/Mn	355	$17,203
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

24 positions · $1,336,617,443 total · as of Jun 30, 2022

All sectors Communication Services Consumer Cyclical Financial Services Industrials Real Estate

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	% of Portfolio
WAL	Western Alliance Bancorporation Financial Services	Added	2,325,000	+275,000	$164,145,000	−3.3%	12.28%
ACGL	Arch Capital Group Ltd. Financial Services	Held	3,000,000	0	$136,470,000	−6.1%	10.21%
GPN	Global Payments Inc Industrials	Held	1,100,000	0	$121,704,000	−19.1%	9.11%
CB	Chubb Ltd Financial Services	Held	450,000	0	$88,461,000	−8.1%	6.62%
META	Meta Platforms, Inc. Communication Services	Held	500,000	0	$80,625,000	−27.5%	6.03%
SFBS	ServisFirst Bancshares, Inc. Financial Services	Held	1,000,000	0	$78,920,000	−17.2%	5.90%
STT	State Street Corp Financial Services	Added	1,000,000	+800,000	$61,650,000	+253.8%	4.61%
V	Visa Inc. Financial Services	Held	300,000	0	$59,067,000	−11.2%	4.42%
BABA	Alibaba Group Holding Ltd Consumer Cyclical	Held	500,000	0	$56,840,000	+4.5%	4.25%
BRK-B	Berkshire Hathaway Inc Financial Services	Held	200,000	0	$54,604,000	−22.6%	4.09%
CG	Carlyle Group Inc. Financial Services	Added	1,500,000	+500,000	$47,490,000	−2.9%	3.55%
USB	US Bancorp De Financial Services	Reduced	1,000,000	-217,174	$46,020,000	−28.9%	3.44%
TCBK	Trico Bancshares / Financial Services	Added	1,000,800	+298,700	$45,676,512	+62.5%	3.42%
GBCI	Glacier Bancorp, Inc. Financial Services	Held	789,353	0	$37,431,119	−5.7%	2.80%
GS	Goldman Sachs Group Inc Financial Services	Held	120,000	0	$35,642,400	−10.0%	2.67%
MKL	Markel Group Inc. Financial Services	Held	25,000	0	$32,331,250	−12.3%	2.42%
AX	Axos Financial, Inc. Financial Services	Added	866,721	+91,721	$31,071,947	−13.6%	2.32%
SCHW	Schwab Charles Corp Financial Services	Held	433,479	0	$27,387,203	−25.1%	2.05%
RJF	Raymond James Financial Inc Financial Services	Held	300,000	0	$26,823,000	−18.7%	2.01%
MA	Mastercard Inc Financial Services	Held	85,000	0	$26,815,800	−11.7%	2.01%
JLL	Jones Lang Lasalle Inc Real Estate	Held	150,000	0	$26,229,000	−27.0%	1.96%
WBS	Webster Financial Corp Financial Services	Held	578,750	0	$24,394,312	−24.9%	1.83%
FSBC	Five Star Bancorp Financial Services	Added	850,000	+113,700	$22,457,000	+7.8%	1.68%
TSBK	Timberland Bancorp Inc Financial Services	Held	174,476	0	$4,361,900	−7.4%	0.33%