Davis Selected Advisers 13F-HR Quarterly holdings report by institutional manager

The Securities and Exchange Commission has not necessarily reviewed the information in this filing and has not determined if it is accurate and complete.
The reader should not assume that the information is accurate and complete.

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F

FORM 13F INFORMATION TABLE

OMB APPROVAL

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COLUMN 1	COLUMN 2	COLUMN 3	COLUMN 4	COLUMN 5			COLUMN 6	COLUMN 7	COLUMN 8
			VALUE	SHRS OR	SH/	PUT/	INVESTMENT	OTHER	VOTING AUTHORITY
NAME OF ISSUER	TITLE OF CLASS	CUSIP	(x$1000)	PRN AMT	PRN	CALL	DISCRETION	MANAGER	SOLE	SHARED	NONE
58.com Inc ADR	ADR	31680Q104	1,544	24,105	SH		SOLE		24,105	0	0
Acadia Realty Trust	Common	004239109	18,291	628,351	SH		SOLE		255,121	0	373,230
Ace Limited	Common	H0023R105	331,464	3,259,873	SH		SOLE		3,080,724	0	179,149
Advanced Auto Parts, Inc.	Common	00751Y106	199,848	1,254,619	SH		SOLE		1,183,900	0	70,719
AES Corp.	Common	00130H105	5,593	421,806	SH		SOLE		421,806	0	0
AES Trust III,6.75%,10/15/29	Preferred	00808N202	7,375	145,027	SH		SOLE		145,027	0	0
Agilent Technologies, Inc.	Common	00846U101	2,747	71,209	SH		SOLE		63,607	0	7,602
Air Products & Chemicals, Inc.	Common	009158106	243	1,773	SH		SOLE		0	0	1,773
Alexander & Baldwin, Inc.	Common	014491104	6,074	154,150	SH		SOLE		154,150	0	0
Alexandria Real Estate Equities, Inc.	Common	015271109	14,562	166,502	SH		SOLE		73,518	0	92,984
Allegheny Technologies, Inc.	Common	01741R102	12,142	402,051	SH		SOLE		402,051	0	0
Allergan PLC	Common	G0177J108	637	2,100	SH		SOLE		2,100	0	0
Altera Corp.	Common	021441100	1,987	38,800	SH		SOLE		38,800	0	0
Amazon.Com, Inc.	Common	023135106	1,952,372	4,497,620	SH		SOLE		4,233,353	0	264,267
American Campus Communities Inc.	Common	024835100	16,187	429,466	SH		SOLE		149,382	0	280,084
American Express Co.	Common	025816109	1,604,530	20,645,014	SH		SOLE		19,471,646	0	1,173,368
American Homes 4 Rent, Class A	Common	02665T306	9,018	562,232	SH		SOLE		199,302	0	362,930
American International Group Inc.	Common	026874784	26,441	427,710	SH		SOLE		427,710	0	0
American Residential Properties, Inc.	Common	02927E303	12,220	660,526	SH		SOLE		350,466	0	310,060
American Tower Corp.	Common	03027X100	10,013	107,336	SH		SOLE		62,846	0	44,490
Angie's List Inc.	Common	034754101	22,882	3,714,648	SH		SOLE		3,358,298	0	356,350
Apartment Investment & Management	Common	03748R101	7,702	208,563	SH		SOLE		84,483	0	124,080
Apple Inc.	Common	037833100	413	3,290	SH		SOLE		3,290	0	0
Applied Materials, Inc.	Common	038222105	6,801	353,864	SH		SOLE		313,970	0	39,894
Avalonbay Communities, Inc.	Common	053484101	32,227	201,583	SH		SOLE		85,043	0	116,540
Baidu, Inc. Class A, ADR	ADR	056752108	7,849	39,426	SH		SOLE		39,426	0	0
Bank of America Corp.	Common	060505104	13,125	771,136	SH		SOLE		771,136	0	0
Bank of New York Mellon Corp.	Common	064058100	1,278,356	30,458,796	SH		SOLE		28,618,477	0	1,840,319
Berkshire Hathaway Inc., Class A	Common	084670108	1,128,928	5,511	SH		SOLE		5,217	0	294
Berkshire Hathaway Inc., Class B	Common	084670702	161,367	1,185,560	SH		SOLE		1,080,230	0	105,330
Boardwalk Pipeline Partners	Partnership	096627104	321	22,090	SH		SOLE		22,090	0	0
Boston Properties, Inc.	Common	101121101	19,584	161,797	SH		SOLE		63,247	0	98,550
Brandywine Realty Trust	Common	105368203	9,448	711,428	SH		SOLE		222,778	0	488,650
Brixmor Property Group, Inc.	Common	11120U105	9,069	392,073	SH		SOLE		162,783	0	229,290
Brookdale Senior Living, Inc.	Common	112463104	5,913	170,399	SH		SOLE		170,399	0	0
Brookfield Asset Management Inc., Class A	Foreign	112585104	24,215	693,255	SH		SOLE		693,255	0	0
Cabot Oil & Gas Corp.	Common	127097103	754,622	23,925,872	SH		SOLE		22,508,164	0	1,417,708
Camden Property Trust	Common	133131102	8,012	107,857	SH		SOLE		44,477	0	63,380
Canadian Natural Resources Ltd.	Foreign	136385101	1,128	41,527	SH		SOLE		41,527	0	0
Capital One Financial Corp.	Common	14040H105	16,259	184,820	SH		SOLE		184,820	0	0
CarMax, Inc.	Common	143130102	737,099	11,132,737	SH		SOLE		10,389,546	0	743,191
CatchMark Timber Trust Inc., Class A	Common	14912Y202	10,906	942,642	SH		SOLE		423,882	0	518,760
Cedar Realty Trust Inc.	Common	150602209	10,530	1,645,344	SH		SOLE		663,124	0	982,220
Cemex SA ADR	ADR	151290889	216	23,540	SH		SOLE		23,540	0	0
Charles Schwab Corp.	Common	808513105	555,305	17,007,813	SH		SOLE		16,014,369	0	993,444
Chubb Corp.	Common	171232101	14,997	157,631	SH		SOLE		155,870	0	1,761
Citigroup Inc.	Common	172967424	13,571	245,679	SH		SOLE		245,679	0	0
Citizens Financial Group Inc.	Common	174610105	390,695	14,305,919	SH		SOLE		13,574,450	0	731,469
Colgate-Palmolive Co.	Common	194162103	12,099	184,979	SH		SOLE		163,107	0	21,872
Corporate Office Properties Trust	Common	22002T108	13,769	584,910	SH		SOLE		224,360	0	360,550
Costco Wholesale Corp.	Common	22160K105	461,723	3,418,654	SH		SOLE		3,244,876	0	173,778
Coupons.com, Inc.	Common	22265J102	58,702	5,440,420	SH		SOLE		4,931,773	0	508,647
Cousins Properties, Inc.	Common	222795106	10,308	993,091	SH		SOLE		265,881	0	727,210
Crown Castle International Corp.	Common	22822V101	9,005	112,144	SH		SOLE		47,014	0	65,130
Ctrip.com International, Ltd. ADR	ADR	22943F100	8,379	115,376	SH		SOLE		115,376	0	0
CyrusOne Inc.	Common	23283R100	21,514	730,525	SH		SOLE		235,077	0	495,448
DCT Industrial Trust Inc.	Common	233153204	22,115	703,403	SH		SOLE		279,486	0	423,917
DDR Corporation	Common	23317H102	10,839	701,070	SH		SOLE		276,220	0	424,850
Devon Energy Corp.	Common	25179M103	12,432	208,980	SH		SOLE		208,980	0	0
Diageo PLC - ADR	ADR	25243Q205	100,314	864,475	SH		SOLE		705,322	0	159,153
DiamondRock Hospitality Co.	Common	252784301	6,804	531,142	SH		SOLE		214,582	0	316,560
Disney Walt Holdings	Common	254687106	294	2,577	SH		SOLE		0	0	2,577
Eastgroup Properties, Inc.	Common	277276101	6,190	110,078	SH		SOLE		38,938	0	71,140
Ecolab Inc.	Common	278865100	481,272	4,256,408	SH		SOLE		3,990,745	0	265,663
Education Realty Trust, Inc.	Common	28140H203	12,307	392,432	SH		SOLE		135,139	0	257,293
Encana Corporation	Foreign	292505104	774,714	70,300,725	SH		SOLE		66,182,153	0	4,118,572
Endurance International Group Hlgs, Inc.	Common	29272B105	5,913	286,193	SH		SOLE		286,193	0	0
EOG Resources, Inc.	Common	26875P101	286,880	3,276,758	SH		SOLE		3,086,525	0	190,233
Equity Residential	Common	29476L107	16,428	234,124	SH		SOLE		94,124	0	140,000
Essex Property Trust, Inc.	Common	297178105	14,795	69,624	SH		SOLE		27,068	0	42,556
Everest Re Group, Ltd.	Common	G3223R108	37,849	207,952	SH		SOLE		207,952	0	0
Express Scripts Holding Co.	Common	30219G108	1,155,263	12,989,241	SH		SOLE		12,180,827	0	808,414
Extended Stay America, Inc.	Common	30224P200	2,689	143,257	SH		SOLE		143,257	0	0
Fairchild Semiconductor International	Common	303726103	8,349	480,407	SH		SOLE		480,407	0	0
Federal Realty Investment Trust	Common	313747206	16,181	126,328	SH		SOLE		49,588	0	76,740
First Industrial Realty Trust, Inc.	Common	32054K103	12,269	655,030	SH		SOLE		246,990	0	408,040
Forest City Ent FCE 5% 10/15/16	Bond	345550AM9	1,925	1,120,000	PRN		SOLE		1,120,000	0	0
Forest City Enterprises Inc. Class A	Common	345550107	5,124	231,833	SH		SOLE		231,833	0	0
Franklin Resources Inc	Common	354613101	349	7,114	SH		SOLE		7,114	0	0
Freeport-McMoRan Copper & Gold, Inc.	Common	35671D857	6,987	375,224	SH		SOLE		375,224	0	0
General Electric Co.	Common	369604103	11,300	425,290	SH		SOLE		425,290	0	0
General Growth Properties Inc.	Common	370023103	14,710	573,269	SH		SOLE		243,829	0	329,440
Goldman Sachs Group Inc.	Common	38141G104	29,651	142,012	SH		SOLE		142,012	0	0
Google Inc. Class A	Common	38259P508	906,936	1,679,386	SH		SOLE		1,577,719	0	101,667
Google Inc. Class C	Common	38259P706	919,624	1,766,776	SH		SOLE		1,664,525	0	102,251
Grubhub Inc	Common	400110102	14,528	426,424	SH		SOLE		386,286	0	40,138
Grupo Televisa S.A.B. ADR	ADR	40049J206	18,237	469,779	SH		SOLE		469,779	0	0
Health Care REIT, Inc.	Common	42217K106	12,895	196,478	SH		SOLE		81,488	0	114,990
Hewlett Packard Co.	Common	428236103	8,564	285,371	SH		SOLE		251,210	0	34,161
Highwoods Properties Inc.	Common	431284108	10,583	264,894	SH		SOLE		91,754	0	173,140
Hunter Douglas N.V.	Foreign	5291810NL	77,163	1,731,553	SH		SOLE		1,674,933	0	56,620
Hyatt Hotels Corp. Class A	Common	448579102	3,176	56,017	SH		SOLE		56,017	0	0
ICICI Bank Limited ADR	ADR	45104G104	6,991	670,875	SH		SOLE		670,875	0	0
IDEXX Laboratories, Inc.	Common	45168D104	47,055	733,629	SH		SOLE		679,371	0	54,258
Intel Corp 3.25% 8/1/39	Bond	458140AF7	17,572	11,551,000	PRN		SOLE		11,551,000	0	0
Intel Corp.	Common	458140100	5,443	178,953	SH		SOLE		158,402	0	20,551
International Business Machines	Common	459200101	3,316	20,387	SH		SOLE		16,762	0	3,625
InterXion Holding NV	Foreign	N47279109	2,738	99,040	SH		SOLE		99,040	0	0
Jarden Corp.	Common	471109108	854	16,500	SH		SOLE		16,500	0	0
JD.com Inc ADR	ADR	47215P106	51,375	1,506,612	SH		SOLE		1,415,746	0	90,866
JPMorgan Chase & Co.	Common	46625H100	1,254,998	18,521,217	SH		SOLE		17,459,318	0	1,061,899
Jumei International ADR	ADR	48138L107	2,477	108,460	SH		SOLE		108,460	0	0
KBR, Inc.	Common	48242W106	2,051	105,300	SH		SOLE		105,300	0	0
Keysight Technologies, Inc.	Common	49338L103	474	15,212	SH		SOLE		15,212	0	0
Kite Realty Group Trust	Common	49803T300	19,133	781,905	SH		SOLE		280,733	0	501,172
Kohls Corp.	Common	500255104	16,302	260,370	SH		SOLE		260,370	0	0
Laboratory Corporation of America Hldg	Common	50540R409	511,040	4,215,809	SH		SOLE		3,952,325	0	263,484
Las Vegas Sands Corp.	Common	517834107	727,887	13,846,044	SH		SOLE		12,965,612	0	880,432
LendingClub Corp.	Common	52603A109	10,913	739,893	SH		SOLE		679,826	0	60,067
Liberty Global Plc Series C	Common	G5480U120	1,027,711	20,298,466	SH		SOLE		19,003,078	0	1,295,388
Liberty Media Interactive Series A	Common	53071M104	121,635	4,383,247	SH		SOLE		4,089,673	0	293,574
Liberty Property Trust	Common	531172104	16,735	519,383	SH		SOLE		147,163	0	372,220
Liberty TripAdvisor Holdings Inc., Class A	Common	531465102	35,832	1,112,100	SH		SOLE		1,066,402	0	45,698
Liberty Ventures Series A	Common	53071M880	90,084	2,293,972	SH		SOLE		2,140,236	0	153,736
Loews Corp.	Common	540424108	321,583	8,350,641	SH		SOLE		7,862,930	0	487,711
Lowes Cos Inc.	Common	548661107	12,699	189,628	SH		SOLE		165,252	0	24,376
Macerich Co.	Common	554382101	12,547	168,187	SH		SOLE		58,077	0	110,110
Markel Corp.	Common	570535104	281,509	351,587	SH		SOLE		341,497	0	10,090
Marsh & McLennan Co.	Common	571748102	29,521	520,660	SH		SOLE		520,660	0	0
Masco Corp.	Common	574599106	11,853	444,420	SH		SOLE		444,420	0	0
Mastercard, Inc.	Common	57636Q104	1,430	15,300	SH		SOLE		15,300	0	0
McGraw Hill Financial, Inc.	Common	580645109	18,282	182,000	SH		SOLE		182,000	0	0
Microsoft Corp.	Common	594918104	327,707	7,422,584	SH		SOLE		6,906,518	0	516,066
Moody's Corp.	Common	615369105	247,896	2,296,187	SH		SOLE		2,177,378	0	118,809
Nabors Industries Ltd.	Common	G6359F103	11,307	783,602	SH		SOLE		783,602	0	0
National Health Investors, Inc.	Common	63633D104	5,613	90,101	SH		SOLE		48,501	0	41,600
NetEase Inc. ADR	ADR	64110W102	13,420	92,637	SH		SOLE		92,637	0	0
Nike Inc	Common	654106103	12,930	119,704	SH		SOLE		105,205	0	14,499
Oracle Corporation	Common	68389X105	316,777	7,860,478	SH		SOLE		7,344,741	0	515,737
PACCAR Inc.	Common	693718108	335,203	5,253,148	SH		SOLE		4,873,360	0	379,788
Party City Holdings, Inc.	Common	702149105	9,725	479,751	SH		SOLE		421,365	0	58,386
Post Properties Inc.	Common	737464107	19,258	354,202	SH		SOLE		110,592	0	243,610
Praxair, Inc.	Common	74005P104	635,771	5,318,033	SH		SOLE		4,981,898	0	336,135
Precision Castparts Corp.	Common	740189105	402,025	2,011,431	SH		SOLE		1,890,426	0	121,005
Progressive Corp.	Common	743315103	205	7,350	SH		SOLE		7,350	0	0
Prologis, Inc.	Common	74340W103	24,921	671,735	SH		SOLE		263,115	0	408,620
Qihoo 360 Technology Co. ADR	ADR	74734M109	266,347	3,934,810	SH		SOLE		3,714,063	0	220,747
Qihoo 360 Technology Co., 2.5%, 9/15/2018	Bond	74734MAB5	8,786	9,000,000	PRN		SOLE		9,000,000	0	0
QTS Realty Trust Inc., Class A	Common	74736A103	2,734	75,006	SH		SOLE		29,806	0	45,200
Quanta Services, Inc.	Common	74762E102	11,793	409,190	SH		SOLE		409,190	0	0
Quest Diagnostics Inc.	Common	74834L100	361,185	4,980,482	SH		SOLE		4,666,803	0	313,679
Ramco-Gershenson Properties Trust	Common	751452202	10,516	644,364	SH		SOLE		224,174	0	420,190
Republic Services, Inc.	Common	760759100	651	16,630	SH		SOLE		16,630	0	0
Retail Opportunity Investments Corp.	Common	76131N101	8,853	566,747	SH		SOLE		222,827	0	343,920
Rockwell Automation Inc.	Common	773903109	42,510	341,061	SH		SOLE		317,846	0	23,215
RTI International Metals, 1.625%, 10/15/2019	Bond	74973WAB3	6,235	5,750,000	PRN		SOLE		5,750,000	0	0
Salesforce.com Inc	Common	79466L302	8,758	125,782	SH		SOLE		109,779	0	16,003
Salesforce.com Inc., 0.25%, 04/01/2018	Bond	79466LAD6	9,725	8,000,000	PRN		SOLE		8,000,000	0	0
SAP AG ADR	ADR	803054204	8,250	117,473	SH		SOLE		100,061	0	17,412
Simon Property Group Inc.	Common	828806109	37,429	216,327	SH		SOLE		107,877	0	108,450
Soufun Holdings Ltd Class A ADR	ADR	836034108	175,311	20,845,523	SH		SOLE		19,709,181	0	1,136,342
Terreno Realty Corp.	Common	88146M101	16,912	858,474	SH		SOLE		282,571	0	575,903
Texas Instruments, Inc.	Common	882508104	609,535	11,833,339	SH		SOLE		11,130,765	0	702,574
Textron Inc.	Common	883203101	14,148	317,009	SH		SOLE		266,343	0	50,666
The Priceline Group Inc.	Common	741503403	401,522	348,734	SH		SOLE		325,333	0	23,401
The Sherwin Williams Co.	Common	824348106	8,768	31,883	SH		SOLE		28,260	0	3,623
Tiffany & Co.	Common	886547108	459	5,000	SH		SOLE		5,000	0	0
Time Warner Cable Inc.	Common	88732J207	23,343	131,015	SH		SOLE		115,824	0	15,191
TJX Companies Inc.	Common	872540109	6,555	99,066	SH		SOLE		87,465	0	11,601
Transdigm Group Inc.	Common	893641100	22,387	99,643	SH		SOLE		92,298	0	7,345
Transocean Ltd.	Common	H8817H100	6,808	422,356	SH		SOLE		422,356	0	0
Twenty-First Century Fox Inc Class A	Common	90130A101	9,956	305,916	SH		SOLE		305,916	0	0
Twenty-First Century Fox Inc Class B	Common	90130A200	8,782	272,568	SH		SOLE		249,872	0	22,696
Tyson Foods Inc.	Common	902494103	1,237	29,010	SH		SOLE		29,010	0	0
Tyson Foods Inc 4.75 07/15/17	Preferred	902494301	19,316	375,000	SH		SOLE		375,000	0	0
UDR, Inc.	Common	902653104	8,510	265,703	SH		SOLE		106,263	0	159,440
Ultra Petroleum Corp	Common	903914109	250,769	20,029,501	SH		SOLE		18,759,599	0	1,269,902
United Parcel Service, Inc., Class B	Common	911312106	236	2,437	SH		SOLE		0	0	2,437
United Rentals, Inc.	Common	911363109	10,965	125,146	SH		SOLE		125,146	0	0
United Technologies Corp.	Common	913017109	5,848	52,715	SH		SOLE		52,715	0	0
UnitedHealth Group Inc.	Common	91324P102	832,180	6,821,144	SH		SOLE		6,376,476	0	444,668
Univar, Inc.	Common	91336L107	10,412	400,000	SH		SOLE		400,000	0	0
Universal Health Services, Inc.	Common	913903100	16,324	114,880	SH		SOLE		114,880	0	0
US Bancorp	Common	902973304	24,211	557,850	SH		SOLE		552,886	0	4,964
US Steel Corp. Conv. Bond 2.75% 4/1/19	Bond	912909AH1	15,702	14,250,000	PRN		SOLE		14,250,000	0	0
Valeant Pharmaceuticals International	Common	91911K102	391,481	1,762,238	SH		SOLE		1,652,497	0	109,741
Ventas, Inc.	Common	92276F100	12,862	207,149	SH		SOLE		85,939	0	121,210
Vipshop Holdings Ltd. ADS	ADR	92763W103	24,276	1,091,041	SH		SOLE		994,387	0	96,654
Visa Inc. Class A	Common	92826C839	506,353	7,540,627	SH		SOLE		7,085,762	0	454,865
Vornado Realty Trust	Common	929042109	19,298	203,284	SH		SOLE		80,608	0	122,676
W.R. Berkley Corp.	Common	084423102	264	5,080	SH		SOLE		5,080	0	0
Waste Connections Inc.	Common	941053100	12,388	262,910	SH		SOLE		262,910	0	0
Wells Fargo & Co.	Common	949746101	2,028,544	36,069,415	SH		SOLE		33,690,848	0	2,378,567
Wells Fargo & Co. Warrants	Warrant	949746119	5,038	224,020	SH		SOLE		224,020	0	0
Wesco Aircraft Holdings, Inc.	Common	950814103	97,572	6,440,398	SH		SOLE		6,105,611	0	334,787
Wesco International, Inc.	Common	95082P105	20,006	291,456	SH		SOLE		268,687	0	22,769
Whole Foods Market Inc.	Common	966837106	9,319	236,274	SH		SOLE		236,274	0	0
WW Grainger, Inc.	Common	384802104	275	1,160	SH		SOLE		1,160	0	0
Youku Tudou Inc. ADR	ADR	98742U100	23,368	952,638	SH		SOLE		838,248	0	114,390
YY Inc. ADR	ADR	98426T106	25,077	360,711	SH		SOLE		340,982	0	19,729