Davis Selected Advisers
Davis Selected Advisers is an independent, employee-owned investment manager founded in 1968 that runs approximately $25B in active equity, sector, balanced, and fixed income mutual funds, SMAs, and ETFs for retail and institutional investors via a long-term concentrated value philosophy.
- Company typePrivate
- Founded1968
- HeadquartersKansas, United States
- Headcount101–250
- GTM typeB2B
- OfferingServices
What Davis Selected Advisers does
Davis Selected Advisers, L.P. is an independent, employee-owned investment management firm founded in 1968 by Shelby M.C. Davis and headquartered in Tucson, Arizona. The firm specializes in active equity management with a long-term, concentrated value investing philosophy, managing approximately $25 billion in assets as of 2025 across nine mutual funds, three variable account funds, ETFs, and four separately managed account (SMA) portfolios. Its product suite covers U.S. large-cap (Davis NY Venture), international and global equities (Davis International, Davis Global), sector strategies (Davis Financial, Davis Real Estate), balanced and fixed income (Davis Balanced, Government Bond, Government Money Market), and SMAs (Large Cap Value, All-Cap, International ADR, Global ADR). Portfolios are concentrated at 38-40 holdings versus 2,500+ in benchmarks, with active share of 91-96%, and the firm markets through financial advisors, broker-dealers, and direct institutional channels supported by Regional Representatives and Dealer Services teams. Revenue is generated primarily through asset-based management fees on mutual fund and SMA assets, with Class A share operating expense ratios ranging from 0.94% to 1.05% and a maximum 4.75% front-end sales charge. The firm operates a wholly-owned distribution subsidiary, Davis Distributors, LLC, and has over $2 billion of firm, employee, Davis family, and Foundation capital invested alongside clients, indicating significant alignment of interests. Davis is led by the Davis family across generations, with Chairman and Portfolio Manager Chris Davis at the helm, alongside a portfolio management bench including Danton Goei, Andrew Davis, Pierce Crosbie, Darin Prozes, Erik Jones, Dwight Blazin, Edward Yen, and E Chandler Spears.
Davis Selected Advisers firmographics
Firmographics- Name
- Davis Selected Advisers
- Legal name
- Davis Selected Advisers, L.P.
- Website
- https://davisfunds.com
- Company type
- Private
- Founded year
- 1968
- Operating status
- Operating
- Headcount range
- 101–250 employees
- Short description
- Davis Selected Advisers is an independent, employee-owned investment manager founded in 1968 that runs approximately $25B in active equity, sector, balanced, and fixed income mutual funds, SMAs, and ETFs for retail and institutional investors via a long-term concentrated value philosophy.
- Ownership category
- akta.pro rank
Davis Selected Advisers industry classification
Industry- Product category
- Active Equity Investment Management
- NAICS
- Portfolio Management and Investment Advice (523940), Open-End Investment Funds (525910)
- SIC
- Investment Advice (6282)
- akta.pro primary industry
- Institutional Separate Accounts & SMAs (Mandates) (FSAAAGAL)
- akta.pro secondary industries
- Managed Accounts & Model Portfolios (SMA/UMA) (FSAAAAAG), Advisory Portfolio Management (Non-Discretionary) (FSAAABAD)
Keywords
Where Davis Selected Advisers is headquartered
LocationHeadquarters
- HQ city
- Kansas
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
Davis Selected Advisers business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Marketing or Sales, Technology or R&D, Others
Revenue model
- Mutual Fund Management: Davis Selected Advisers earns revenue through management fees charged on mutual funds including New York Venture Fund, International Fund, Global Fund, Financial Fund, Opportunity Fund, Balanced Fund, Real Estate Fund, Government Bond Fund, and Government Money Market Fund. Fee structures vary by fund class (Class A shares expense ratios range from 0.94% to 1.05% annual operating expense ratio).
- Separately Managed Accounts (SMAs): The firm offers separately managed accounts including Large Cap Value SMA Portfolio, All-Cap SMA Portfolio, International ADR SMA Portfolio, and Global ADR SMA Portfolio, generating fee revenue from managed assets.
- Variable Account Funds: Variable account funds including Equity Portfolio, Real Estate Portfolio, and Financial Portfolio for insurance products generate ongoing management fees.
- ETF Management: Davis ETFs are distributed through Davis ETFs brand, generating management fee revenue.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Annual | Davis Opportunity Fund - Class A shares |
| Subscription | Annual | Davis Financial Fund - Class A shares |
| Subscription | Annual | Davis Real Estate Fund - Class A shares |
| Subscription | Annual | Davis International Fund - Class A shares |
| Subscription | Annual | Davis Global Fund - Class A shares |
Go-to-market motion2 records
Distribution channels5 records
Marketing channels4 records
Davis Selected Advisers product offering
Product offeringCore offering
Davis Selected Advisers is an independent, employee-owned investment management firm that delivers actively managed equity and fixed-income strategies through a family of mutual funds, variable account funds, exchange-traded funds (ETFs), and separately managed accounts (SMAs). The firm follows a long-term, research-intensive value investing philosophy, managing concentrated portfolios across U.S., international, global, financial-sector, real estate, balanced, and government bond strategies.
Product overview
Davis Selected Advisers is an investment management firm offering a comprehensive suite of financial products centered around equity investing with a value discipline. The product lineup includes nine mutual funds (Davis NY Venture Fund, Davis International Fund, Davis Global Fund, Davis Financial Fund, Davis Opportunity Fund, Davis Balanced Fund, Davis Real Estate Fund, Davis Government Bond Fund, and Davis Government Money Market Fund), Variable Account Funds for insurance products, Davis ETFs for exchange-traded exposure, and four Separately Managed Account (SMA) portfolios (Large Cap Value, All-Cap, International ADR, and Global ADR) for personalized wealth management. The firm's investment philosophy emphasizes long-term value investing, with portfolio managers including Chris Davis, Danton Goei, Andrew Davis, and Chandler Spears, among others, managing approximately $25 billion in assets as of 2025.
Differentiator
Problem solved
Functional benefit
Products and services
- Davis New York Venture Fund
Companies that use Davis Selected Advisers
Customer profileNamed customers1 record
Segments1 record
Ideal customer profiles3 records
Davis Selected Advisers technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Davis Selected Advisers partnerships and signals
Strategic signalScale indicators4 records
Recent moves6 records
Expansion highlights4 records
Davis Selected Advisers competitors and assessment
Company assessmentDirect peers
- Dodge & Cox: San Francisco-based, employee-owned active asset manager with comparable AUM scale, deep value discipline, and concentrated long-term portfolios — the closest structural and philosophical peer to Davis Selected Advisers.
- MFS Investment Management: Active equity and fixed income manager with long-tenured PMs and mutual fund/SMA platform serving advisors and institutions; similar active, research-intensive investment philosophy.
- Ariel Investments: Employee-owned, Chicago-based active value manager with concentrated portfolios of U.S. equities; closely comparable in size, value discipline, and ownership/alignment story.
Broad incumbents
- American Funds (Capital Group): Large incumbent mutual fund complex distributing through financial advisors with multi-manager system, directly comparable in distribution channel, product breadth, and advisor-led go-to-market to Davis Funds.
- T. Rowe Price: Established active asset manager with a broad mutual fund and SMA platform serving retail advised and institutional clients; competes head-to-head with Davis in advisor channel for active equity allocation.
- Wellington Management: Private, employee-owned global investment manager with substantial active equity, multi-asset, and SMA capabilities; comparable ownership model and multi-channel institutional/retail distribution.
- Franklin Templeton: Diversified global asset manager with deep mutual fund franchise, ETFs, and SMAs; competes for retail advised flows with Davis and offers comparable equity and balanced fund products.
- Invesco: Global asset manager with significant active mutual fund and ETF footprint; comparable product breadth across mutual funds, SMAs, and ETFs distributed via financial advisors.
- Vanguard: Largest mutual fund complex with extensive advisor-distributed active and index funds; primary competitive headwind for Davis in the retail advised channel given scale and cost advantage.
Emerging players
- Hartford Funds: Smaller mutual fund platform focused on sub-advised and proprietary active strategies distributed through advisors; competes in the same retail advised channel with mutual fund and ETF products.
Market position
Strengths4 records
Weaknesses5 records
Competitive moat4 records
Key risks6 records
Key highlights6 records
Customer concentration
Davis Selected Advisers social profiles
Digital presenceDavis Selected Advisers financial estimates
Financial estimateRevenue estimate
Valuation estimate
Davis Selected Advisers leadership team
Management profileNumber of profiles
Profiles9 records
Davis Selected Advisers subsidiaries and ownership
Company hierarchySubsidiaries1 record
Davis Selected Advisers funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Davis Selected Advisers M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Davis Selected Advisers
What does Davis Selected Advisers do?
Davis Selected Advisers is an independent, employee-owned investment management firm that delivers actively managed equity and fixed-income strategies through a family of mutual funds, variable account funds, exchange-traded funds (ETFs), and separately managed accounts (SMAs). The firm follows a long-term, research-intensive value investing philosophy, managing concentrated portfolios across U.S., international, global, financial-sector, real estate, balanced, and government bond strategies.
Is Davis Selected Advisers a public or private company?
Davis Selected Advisers is a private company. It is classified as family owned and is currently operating.
When was Davis Selected Advisers founded?
Davis Selected Advisers was founded in 1968. It employs 101 to 250 people.
Where is Davis Selected Advisers based?
Davis Selected Advisers is headquartered in Kansas, United States, in the North America region.
How does Davis Selected Advisers make money?
Four revenue lines are on record. Mutual Fund Management is the primary driver. The others are separately Managed Accounts (SMAs), variable Account Funds and ETF Management.
Who are Davis Selected Advisers's main competitors?
Direct peers on record are Dodge & Cox, MFS Investment Management and Ariel Investments. Broad incumbents are American Funds (Capital Group), T. Rowe Price, Wellington Management, Franklin Templeton, Invesco and Vanguard. Hartford Funds is listed as an emerging player.
Does Davis Selected Advisers have an API?
No public API is recorded for Davis Selected Advisers.
What industry is Davis Selected Advisers in?
Davis Selected Advisers's product category is Active Equity Investment Management. Its primary akta.pro industry code is FSAAAGAL, Institutional Separate Accounts & SMAs (Mandates), with a secondary code of FSAAAAAG, Managed Accounts & Model Portfolios (SMA/UMA). Its NAICS code is 523940 and its SIC code is 6282.