Chris Davis acquired 29.4 Million Wells Fargo shares worth $1.82 Billion. That's 9.05% of their entire equity portfolio (2nd largest holding). The first Wells Fargo trade was made in Q3 1999. Since then Chris Davis bought shares 29 more times and sold shares on 43 occasions. The stake costed the investor $956 Million, netting the investor a gain of 90% so far.
Mastercard and Wells Fargo have both done well this year. Richard Davis, a former U.S. Bancorp CEO who sits on both boards, bought their shares.
Barron''s, 6 months agoDavis Funds, an investment management firm, released its “Davis New York Venture Fund” third quarter 2023 investor letter, a copy of which can be downloaded ...
Insider Monkey, 6 months agoDavis Selected Advisers'' 13F portfolio grew by 8% to $16.41B in Q2 2023. Top holdings include Meta Platforms, Berkshire Hathaway, and Wells Fargo.
Seeking Alpha, 9 months agoChris Davis, chairman of Davis Advisors, makes the case for Capital One, Wells Fargo, BNY Mellon, and more.
Barron''s, 12 months ago