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	1,338	30,336	SH		SOLE		30,336	0	0
Acadia Realty Trust	Common	004239109	13,849	498,160	SH		SOLE		264,130	0	234,030
Adient PLC	Common	G0084W101	483,265	7,391,629	SH		SOLE		7,235,764	0	155,865
Aetna Inc.	Common	00817Y108	604,300	3,980,111	SH		SOLE		3,897,057	0	83,054
Air Products & Chemicals, Inc.	Common	009158106	266	1,860	SH		SOLE		0	0	1,860
Alexandria Real Estate Equities, Inc.	Common	015271109	11,751	97,540	SH		SOLE		45,786	0	51,754
Alibaba Group Holding Ltd. ADR	ADR	01609W102	60,129	426,747	SH		SOLE		426,747	0	0
Alleghany Corporation	Common	017175100	46,379	77,974	SH		SOLE		77,974	0	0
Alphabet Inc., Class A	Common	02079K305	696,479	749,160	SH		SOLE		734,840	0	14,320
Alphabet Inc., Class C	Common	02079K107	1,082,111	1,190,795	SH		SOLE		1,174,162	0	16,633
Amazon.com, Inc.	Common	023135106	1,501,136	1,550,760	SH		SOLE		1,524,474	0	26,286
American Campus Communities, Inc.	Common	024835100	16,222	342,954	SH		SOLE		160,430	0	182,524
American Express Co.	Common	025816109	951,673	11,297,163	SH		SOLE		11,143,449	0	153,714
American International Group. Inc.	Common	026874784	22,150	354,294	SH		SOLE		354,294	0	0
Angie's List, Inc.	Common	034754101	57,869	4,524,585	SH		SOLE		4,230,246	0	294,339
Apache Corporation	Common	037411105	1,005,836	20,985,516	SH		SOLE		20,556,800	0	428,716
Apartment Investment & Management	Common	03748R101	9,402	218,802	SH		SOLE		89,502	0	129,300
Applied Materials, Inc.	Common	038222105	30,649	741,934	SH		SOLE		680,390	0	61,544
AvalonBay Communities, Inc.	Common	053484101	22,004	114,501	SH		SOLE		53,161	0	61,340
Axalta Coating Systems Ltd.	Common	G0750C108	231,598	7,228,390	SH		SOLE		7,035,574	0	192,816
Baidu, Inc. Class A, ADR	ADR	056752108	15,401	86,105	SH		SOLE		86,105	0	0
Bank of New York Mellon Corp.	Common	064058100	1,017,067	19,934,671	SH		SOLE		19,659,235	0	275,436
Berkshire Hathaway Inc., Class A	Common	084670108	1,066,429	4,187	SH		SOLE		4,184	0	3
Berkshire Hathaway Inc., Class B	Common	084670702	284,189	1,677,917	SH		SOLE		1,567,861	0	110,056
Boston Properties, Inc.	Common	101121101	9,145	74,334	SH		SOLE		32,444	0	41,890
Brookfield Asset Management Inc., Class A	ADR	112585104	27,843	710,109	SH		SOLE		710,109	0	0
Brookfield Business Partners, L.P.	Partnership	G16234109	360	13,307	SH		SOLE		13,307	0	0
Cabot Oil & Gas Corp.	Common	127097103	373,801	14,904,337	SH		SOLE		14,429,372	0	474,965
Camden Property Trust	Common	133131102	6,171	72,169	SH		SOLE		26,909	0	45,260
Capital One Financial Corp.	Common	14040H105	666,075	8,061,905	SH		SOLE		7,968,068	0	93,837
CarMax, Inc.	Common	143130102	276,873	4,390,623	SH		SOLE		4,313,037	0	77,586
CatchMark Timber Trust Inc., Class A	Common	14912Y202	25,180	2,214,587	SH		SOLE		760,307	0	1,454,280
Cedar Realty Trust, Inc.	Common	150602209	2,697	556,006	SH		SOLE		242,696	0	313,310
Charles Schwab Corp.	Common	808513105	35,198	819,312	SH		SOLE		819,312	0	0
Chubb Ltd.	Common	H1467J104	214,272	1,473,874	SH		SOLE		1,456,551	0	17,323
CommerceHub, Inc., Series A	Common	20084V108	1,604	92,061	SH		SOLE		91,999	0	62
CommerceHub, Inc., Series C	Common	20084V306	3,218	184,508	SH		SOLE		184,373	0	135
Concho Resources Inc.	Common	20605P101	6,611	54,398	SH		SOLE		54,354	0	44
Costco Wholesale Corp.	Common	22160K105	269,244	1,683,514	SH		SOLE		1,631,326	0	52,188
Cousins Properties, Inc.	Common	222795106	10,967	1,247,675	SH		SOLE		564,095	0	683,580
Crown Castle International Corp.	Common	22822V101	14,232	142,060	SH		SOLE		61,860	0	80,200
Ctrip.com International, Ltd. ADR	ADR	22943F100	6,440	119,561	SH		SOLE		119,561	0	0
CubeSmart	Common	229663109	8,878	369,315	SH		SOLE		161,685	0	207,630
CyrusOne, Inc.	Common	23283R100	18,409	330,205	SH		SOLE		139,327	0	190,878
Davis Select Financial	ETF	23908L108	32,541	1,505,850	SH		SOLE		1,505,850	0	0
Davis Select U.S. Equity	ETF	23908L207	28,208	1,340,700	SH		SOLE		1,340,700	0	0
Davis Select Worldwide	ETF	23908L306	27,348	1,228,000	SH		SOLE		1,228,000	0	0
DCT Industrial Trust, Inc.	Common	233153204	11,658	218,145	SH		SOLE		108,298	0	109,847
DDR Corporation	Common	23317H102	1,693	186,613	SH		SOLE		109,653	0	76,960
Delphi Automotive PLC	Common	G27823106	325,862	3,717,769	SH		SOLE		3,609,090	0	108,679
Diplomat Pharmacy, Inc.	Common	25456K101	25,219	1,703,992	SH		SOLE		1,606,617	0	97,375
DXC Technology Co.	Common	23355L106	473	6,159	SH		SOLE		6,159	0	0
EastGroup Properties, Inc.	Common	277276101	8,163	97,416	SH		SOLE		42,616	0	54,800
Eaton Corporation Plc	Common	G29183103	41,501	533,228	SH		SOLE		475,826	0	57,402
Ecolab, Inc.	Common	278865100	185,423	1,396,786	SH		SOLE		1,374,735	0	22,051
Encana Corporation	ADR	292505104	594,634	67,572,006	SH		SOLE		66,236,363	0	1,335,643
EQT Midstream Partners L.P.	Partnership	26885B100	9,762	130,812	SH		SOLE		130,812	0	0
Equity Residential	Common	29476L107	14,606	221,877	SH		SOLE		82,522	0	139,355
Essex Property Trust, Inc.	Common	297178105	21,388	83,136	SH		SOLE		32,965	0	50,171
Everest Re Group, Ltd.	Common	G3223R108	58,268	228,871	SH		SOLE		228,871	0	0
Express Scripts Holding Co.	Common	30219G108	256,074	4,011,191	SH		SOLE		3,932,420	0	78,771
Extra Space Storage, Inc.	Common	30225T102	8,631	110,658	SH		SOLE		46,678	0	63,980
Facebook, Inc.	Common	30303M102	530,529	3,513,904	SH		SOLE		3,447,870	0	66,034
Fang Holdings Ltd	ADR	30711Y102	101,059	27,239,493	SH		SOLE		26,778,357	0	461,136
Federal Realty Investment Trust	Common	313747206	10,788	85,356	SH		SOLE		36,236	0	49,120
FedEx Corp.	Common	31428X106	366,118	1,684,618	SH		SOLE		1,650,099	0	34,519
First Industrial Realty Trust, Inc.	Common	32054K103	13,897	485,582	SH		SOLE		173,912	0	311,670
Forest City Realty Trust, Inc., Class A	Common	345605109	6,902	285,566	SH		SOLE		124,156	0	161,410
GGP Inc.	Common	36174X101	14,707	624,251	SH		SOLE		274,581	0	349,670
Goldman Sachs Group, Inc.	Common	38141G104	55,725	251,126	SH		SOLE		251,126	0	0
Grupo Televisa S.A.B., ADR	ADR	40049J206	28,489	1,169,011	SH		SOLE		1,169,011	0	0
Hewlett Packard Enterprise Company	Common	42824C109	346	20,830	SH		SOLE		20,830	0	0
Hollysys Automation Technologies Ltd.	ADR	G45667105	56,340	3,391,934	SH		SOLE		3,391,934	0	0
Host Hotels & Resorts, Inc.	Common	44107P104	9,836	538,387	SH		SOLE		228,897	0	309,490
HP, Inc.	Common	40434L105	364	20,830	SH		SOLE		20,830	0	0
Hudson Pacific Properties Inc.	Common	444097109	8,465	247,599	SH		SOLE		108,929	0	138,670
ICICI Bank Limited ADR	ADR	45104G104	6,194	690,574	SH		SOLE		690,574	0	0
Intel Corp.	Common	458140100	1,201	35,596	SH		SOLE		35,596	0	0
InterXion Holding NV	Common	N47279109	9,039	197,445	SH		SOLE		197,445	0	0
JD.com, Inc ADR	ADR	47215P106	96,342	2,456,456	SH		SOLE		2,385,551	0	70,905
Johnson Controls International PLC	Common	G51502105	596,347	13,753,394	SH		SOLE		13,493,713	0	259,681
JPMorgan Chase & Co.	Common	46625H100	1,234,563	13,507,258	SH		SOLE		13,287,909	0	219,349
Jumei International ADR	ADR	48138L107	225	105,490	SH		SOLE		105,490	0	0
Kite Realty Group Trust	Common	49803T300	2,651	140,017	SH		SOLE		61,105	0	78,912
KKR & Co. L.P.	Partnership	48248M102	43,101	2,317,264	SH		SOLE		2,317,264	0	0
Lam Research Corp.	Common	512807108	493	3,485	SH		SOLE		3,485	0	0
LendingClub Corp.	Common	52603A109	1,035	187,898	SH		SOLE		187,898	0	0
Liberty Expedia Holdings, Inc.	Common	53046P109	19,929	368,920	SH		SOLE		368,650	0	270
Liberty Global PLC, LiLAC Class C	Common	G5480U153	30,778	1,437,547	SH		SOLE		1,436,609	0	938
Liberty Global PLC, Series C	Common	G5480U120	330,357	10,595,142	SH		SOLE		10,374,243	0	220,899
Liberty Interactive Corp., QVC Group, Series A	Common	53071M104	53,079	2,162,940	SH		SOLE		2,125,671	0	37,269
Liberty Interactive, Liberty Ventures, Series A	Common	53071M856	28,929	553,245	SH		SOLE		552,850	0	395
Liberty TripAdvisor Holdings, Inc., Series A	Common	531465102	6,076	523,824	SH		SOLE		523,444	0	380
Life Storage, Inc.	Common	53223X107	9,761	131,721	SH		SOLE		57,371	0	74,350
Loews Corp.	Common	540424108	244,867	5,231,077	SH		SOLE		5,160,472	0	70,605
Markel Corp.	Common	570535104	269,370	276,033	SH		SOLE		272,048	0	3,985
Marsh & McLennan Co.	Common	571748102	40,069	513,972	SH		SOLE		513,972	0	0
Micron Technology, Inc.	Common	595112103	383	12,828	SH		SOLE		12,828	0	0
Microsoft Corp.	Common	594918104	254,730	3,695,488	SH		SOLE		3,621,674	0	73,814
Mid-America Apartment Communities, Inc	Common	59522J103	21,525	204,265	SH		SOLE		79,906	0	124,359
Monsanto Co.	Common	61166W101	50,445	426,200	SH		SOLE		426,200	0	0
Moody's Corp.	Common	615369105	24,495	201,306	SH		SOLE		201,306	0	0
New Oriental Education & Technology ADR	ADR	647581107	66,490	943,253	SH		SOLE		943,253	0	0
Noah Holdings Ltd. ADS	ADR	65487X102	41,093	1,434,298	SH		SOLE		1,434,298	0	0
Novartis AG ADR	ADR	66987V109	29,450	352,820	SH		SOLE		352,820	0	0
Occidental Petroleum Corp.	Common	674599105	388,637	6,491,356	SH		SOLE		6,402,590	0	88,766
Oracle Corporation	Common	68389X105	202,282	4,034,353	SH		SOLE		3,955,780	0	78,573
PACCAR, Inc.	Common	693718108	208	3,144	SH		SOLE		0	0	3,144
PNC Financial Services Group, Inc.	Common	693475105	38,380	307,362	SH		SOLE		307,362	0	0
PPG Industries, Inc.	Common	693506107	601	5,470	SH		SOLE		5,470	0	0
Praxair, Inc.	Common	74005P104	349,613	2,637,592	SH		SOLE		2,599,895	0	37,697
Prologis, Inc.	Common	74340W103	15,478	263,950	SH		SOLE		116,310	0	147,640
Public Storage	Common	74460D109	21,723	104,173	SH		SOLE		45,823	0	58,350
Quest Diagnostics Inc.	Common	74834L100	14,739	132,589	SH		SOLE		117,951	0	14,638
Quotient Technology, Inc.	Common	749119103	20,810	1,809,532	SH		SOLE		1,678,125	0	131,407
Ramco-Gershenson Properties Trust	Common	751452202	2,671	207,051	SH		SOLE		90,051	0	117,000
Regency Centers Corporation	Common	758849103	11,342	181,067	SH		SOLE		78,367	0	102,700
Retail Opportunity Investments Corp.	Common	76131N101	12,444	648,444	SH		SOLE		279,264	0	369,180
Rexford Industrial Realty, Inc.	Common	76169C100	5,754	209,680	SH		SOLE		90,970	0	118,710
S&P Global, Inc.	Common	78409V104	26,466	181,288	SH		SOLE		181,288	0	0
SAP AG ADR	ADR	803054204	14,798	141,379	SH		SOLE		128,164	0	13,215
Simon Property Group, Inc.	Common	828806109	35,336	218,446	SH		SOLE		84,786	0	133,660
SL Green Realty Corp.	Common	78440X101	9,437	89,194	SH		SOLE		38,804	0	50,390
State Street Corp.	Common	857477103	44,283	493,517	SH		SOLE		493,517	0	0
TAL Education Group, Class A, ADR	ADR	874080104	52,176	426,586	SH		SOLE		426,586	0	0
Tarena International, Inc.,Class A, ADR	ADR	876108101	14,212	793,502	SH		SOLE		793,502	0	0
Terreno Realty Corp.	Common	88146M101	21,769	646,739	SH		SOLE		276,206	0	370,533
Texas Instruments, Inc.	Common	882508104	424,255	5,514,815	SH		SOLE		5,406,228	0	108,587
The Dow Chemical Company	Common	260543103	871	13,810	SH		SOLE		13,810	0	0
The Priceline Group, Inc.	Common	741503403	170,103	90,939	SH		SOLE		88,985	0	1,954
United Technologies Corp.	Common	913017109	948,267	7,765,681	SH		SOLE		7,619,010	0	146,671
UnitedHealth Group, Inc.	Common	91324P102	469,805	2,533,733	SH		SOLE		2,473,228	0	60,505
US Bancorp	Common	902973304	70,144	1,351,009	SH		SOLE		1,345,799	0	5,210
Ventas, Inc.	Common	92276F100	6,283	90,422	SH		SOLE		62,662	0	27,760
Vipshop Holdings Ltd. ADS	ADR	92763W103	39,239	3,719,303	SH		SOLE		3,656,540	0	62,763
Visa, Inc., Class A	Common	92826C839	292,163	3,115,409	SH		SOLE		3,067,372	0	48,037
Vornado Realty Trust	Common	929042109	15,602	166,158	SH		SOLE		72,672	0	93,486
Wells Fargo & Co.	Common	949746101	1,438,821	25,966,811	SH		SOLE		25,515,049	0	451,762
Welltower, Inc.	Common	95040Q104	18,929	252,893	SH		SOLE		108,853	0	144,040
Weyerhaeuser Co.	Common	962166104	13,340	398,204	SH		SOLE		175,704	0	222,500
Xilinx, Inc.	Common	983919101	509	7,920	SH		SOLE		7,920	0	0
ZTO Express Cayman, Inc. ADR	ADR	98980A105	65,681	4,704,977	SH		SOLE		4,591,211	0	113,766