Davis Funds
Davis Global Fund
Global
Jun 2025 → Jun 2025
Our archive holds 1 letter from this strategy and positions in 27 companies. Every quote below is copied verbatim from the letter it came from.
1 letter in a year · follow all of Davis Funds for every strategy.
What it bought and sold
AppLovin Corporation, which returned 41% from when we purchased it in March of this year.
In late 2024, when the market was concerned about near-term revenue weakness in several game franchises, we took advantage of weakness to build a position in NetEase at an attractive valuation.