Guru releases 1st-quarter portfolio. :
Chris Davis (Trades, Portfolio), leader of Davis Selected Advisors, disclosed his first-quarter 2022 equity portfolio earlier this week. With a patient, long-term approach, the guru’s Tucson, Arizona-based firm seeks to invest in durable, well managed companies that can be purchased at value prices, preferably when they are out of favor. Based on these criteria, 13F filings shows Davis established five new positions during the three months ended March 31, exited four stocks and added to or trimmed a number of other existing investments.