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

OMB Number:		3235-0006
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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	1,905	30,176	SH		SOLE		30,176	0	0
Acadia Realty Trust	Common	004239109	14,288	499,220	SH		SOLE		265,190	0	234,030
Adient PLC	Common	G0084W101	600,990	7,154,891	SH		SOLE		7,002,534	0	152,357
Aetna Inc.	Common	00817Y108	607,752	3,824,917	SH		SOLE		3,743,938	0	80,979
Air Products & Chemicals, Inc.	Common	009158106	283	1,872	SH		SOLE		0	0	1,872
Alexandria Real Estate Equities, Inc.	Common	015271109	11,594	97,450	SH		SOLE		45,696	0	51,754
Alibaba Group Holding Ltd. ADR	ADR	01609W102	95,738	554,328	SH		SOLE		554,328	0	0
Alleghany Corporation	Common	017175100	43,503	78,524	SH		SOLE		78,524	0	0
Alphabet Inc., Class A	Common	02079K305	696,559	715,768	SH		SOLE		701,874	0	13,894
Alphabet Inc., Class C	Common	02079K107	1,100,755	1,148,225	SH		SOLE		1,132,008	0	16,217
Amazon.com, Inc.	Common	023135106	1,448,635	1,507,337	SH		SOLE		1,479,553	0	27,784
American Campus Communities, Inc.	Common	024835100	11,595	262,619	SH		SOLE		125,735	0	136,884
American Express Co.	Common	025816109	986,229	10,904,535	SH		SOLE		10,755,589	0	148,946
American International Group. Inc.	Common	026874784	21,955	357,634	SH		SOLE		357,634	0	0
Angie's List, Inc.	Common	034754101	51,869	4,162,001	SH		SOLE		3,860,110	0	301,891
Apache Corporation	Common	037411105	961,724	20,998,334	SH		SOLE		20,522,232	0	476,102
Apartment Investment & Management	Common	03748R101	9,587	218,572	SH		SOLE		89,272	0	129,300
Applied Materials, Inc.	Common	038222105	26,224	505,017	SH		SOLE		470,443	0	34,574
AvalonBay Communities, Inc.	Common	053484101	14,986	83,991	SH		SOLE		40,101	0	43,890
Axalta Coating Systems Ltd.	Common	G0750C108	271,921	9,402,305	SH		SOLE		9,194,967	0	207,338
Baidu, Inc. Class A, ADR	ADR	056752108	20,754	83,789	SH		SOLE		83,789	0	0
Bank of New York Mellon Corp.	Common	064058100	1,045,469	19,718,607	SH		SOLE		19,440,234	0	278,373
Berkshire Hathaway Inc., Class A	Common	084670108	1,150,336	4,187	SH		SOLE		4,184	0	3
Berkshire Hathaway Inc., Class B	Common	084670702	317,984	1,734,829	SH		SOLE		1,622,314	0	112,515
Boston Properties, Inc.	Common	101121101	14,939	121,572	SH		SOLE		53,012	0	68,560
Brixmor Property Group, Inc.	Common	11120U105	2,874	152,870	SH		SOLE		65,870	0	87,000
Brookfield Asset Management Inc., Class A	ADR	112585104	29,614	717,049	SH		SOLE		717,049	0	0
Brookfield Business Partners, L.P.	Partnership	G16234109	395	13,307	SH		SOLE		13,307	0	0
Cabot Oil & Gas Corp.	Common	127097103	386,567	14,448,060	SH		SOLE		13,985,956	0	462,104
Camden Property Trust	Common	133131102	12,403	135,627	SH		SOLE		54,287	0	81,340
Capital One Financial Corp.	Common	14040H105	980,149	11,581,237	SH		SOLE		11,413,896	0	167,341
CarMax, Inc.	Common	143130102	308,245	4,065,627	SH		SOLE		4,002,141	0	63,486
CatchMark Timber Trust Inc., Class A	Common	14912Y202	25,186	1,997,328	SH		SOLE		697,758	0	1,299,570
Cedar Realty Trust, Inc.	Common	150602209	3,117	554,706	SH		SOLE		241,396	0	313,310
Charles Schwab Corp.	Common	808513105	36,201	827,632	SH		SOLE		827,632	0	0
Chubb Ltd.	Common	H1467J104	204,586	1,435,348	SH		SOLE		1,418,520	0	16,828
CommerceHub, Inc., Series A	Common	20084V108	1,987	88,051	SH		SOLE		87,989	0	62
CommerceHub, Inc., Series C	Common	20084V306	3,764	176,298	SH		SOLE		176,163	0	135
Concho Resources Inc.	Common	20605P101	17,923	136,047	SH		SOLE		121,751	0	14,296
Costco Wholesale Corp.	Common	22160K105	227,714	1,386,367	SH		SOLE		1,355,950	0	30,417
Cousins Properties, Inc.	Common	222795106	11,635	1,245,745	SH		SOLE		562,165	0	683,580
Crown Castle International Corp.	Common	22822V101	8,544	85,455	SH		SOLE		37,285	0	48,170
Ctrip.com International, Ltd. ADR	ADR	22943F100	6,306	119,561	SH		SOLE		119,561	0	0
CubeSmart	Common	229663109	9,577	368,895	SH		SOLE		161,265	0	207,630
CyrusOne, Inc.	Common	23283R100	13,148	223,111	SH		SOLE		93,243	0	129,868
Davis Select Financial	ETF	23908L108	40,722	1,801,050	SH		SOLE		1,801,050	0	0
Davis Select U.S. Equity	ETF	23908L207	45,238	2,060,000	SH		SOLE		2,060,000	0	0
Davis Select Worldwide	ETF	23908L306	39,401	1,612,800	SH		SOLE		1,612,800	0	0
DCT Industrial Trust, Inc.	Common	233153204	9,769	168,661	SH		SOLE		87,004	0	81,657
DDR Corporation	Common	23317H102	1,704	186,013	SH		SOLE		109,053	0	76,960
Delphi Automotive PLC	Common	G27823106	354,091	3,600,448	SH		SOLE		3,494,294	0	106,154
Diplomat Pharmacy, Inc.	Common	25456K101	35,282	1,705,234	SH		SOLE		1,609,214	0	96,020
DowDuPont Inc.	Common	26078J100	956	13,810	SH		SOLE		13,810	0	0
DXC Technology Co.	Common	23355L106	972	11,319	SH		SOLE		11,319	0	0
EastGroup Properties, Inc.	Common	277276101	8,613	97,746	SH		SOLE		42,946	0	54,800
Eaton Corporation Plc	Common	G29183103	40,959	534,224	SH		SOLE		477,941	0	56,283
Ecolab, Inc.	Common	278865100	151,494	1,177,479	SH		SOLE		1,157,122	0	20,357
Encana Corporation	ADR	292505104	769,216	65,304,863	SH		SOLE		64,016,080	0	1,288,783
EQT Midstream Partners L.P.	Partnership	26885B100	9,454	126,102	SH		SOLE		126,102	0	0
Equity Residential	Common	29476L107	14,618	221,717	SH		SOLE		82,362	0	139,355
Essex Property Trust, Inc.	Common	297178105	21,155	83,276	SH		SOLE		33,105	0	50,171
Everest Re Group, Ltd.	Common	G3223R108	52,699	230,741	SH		SOLE		230,741	0	0
Express Scripts Holding Co.	Common	30219G108	243,617	3,848,419	SH		SOLE		3,771,897	0	76,522
Extra Space Storage, Inc.	Common	30225T102	8,878	111,088	SH		SOLE		47,108	0	63,980
Facebook, Inc.	Common	30303M102	577,503	3,382,612	SH		SOLE		3,317,957	0	64,655
Fang Holdings Ltd	ADR	30711Y102	109,669	27,088,293	SH		SOLE		26,635,171	0	453,122
Federal Realty Investment Trust	Common	313747206	10,587	85,236	SH		SOLE		36,116	0	49,120
FedEx Corp.	Common	31428X106	365,325	1,620,124	SH		SOLE		1,586,497	0	33,627
First Industrial Realty Trust, Inc.	Common	32054K103	14,596	485,082	SH		SOLE		173,412	0	311,670
Forest City Realty Trust, Inc., Class A	Common	345605109	13,424	526,236	SH		SOLE		228,026	0	298,210
GGP Inc.	Common	36174X101	12,947	623,351	SH		SOLE		273,681	0	349,670
Goldman Sachs Group, Inc.	Common	38141G104	60,006	252,986	SH		SOLE		252,986	0	0
Hollysys Automation Technologies Ltd.	ADR	G45667105	89,792	4,155,115	SH		SOLE		4,155,115	0	0
Host Hotels & Resorts, Inc.	Common	44107P104	9,941	537,617	SH		SOLE		228,127	0	309,490
HP, Inc.	Common	40434L105	416	20,830	SH		SOLE		20,830	0	0
Hudson Pacific Properties Inc.	Common	444097109	11,170	333,134	SH		SOLE		144,334	0	188,800
ICICI Bank Limited ADR	ADR	45104G104	5,911	690,574	SH		SOLE		690,574	0	0
Intel Corp.	Common	458140100	16,091	422,981	SH		SOLE		383,465	0	39,516
InterXion Holding NV	Common	N47279109	5,088	99,896	SH		SOLE		99,896	0	0
iShares S&P 500 Value Index Fund	ETF	464287408	241	2,237	SH		SOLE		2,237	0	0
JBG SMITH Properties	Common	46590V100	2,840	83,006	SH		SOLE		36,263	0	46,743
JD.com, Inc ADR	ADR	47215P106	92,708	2,425,536	SH		SOLE		2,356,174	0	69,362
Johnson Controls International PLC	Common	G51502105	533,907	13,256,345	SH		SOLE		13,005,250	0	251,095
JPMorgan Chase & Co.	Common	46625H100	1,217,869	12,752,186	SH		SOLE		12,561,800	0	190,386
Jumei International ADR	ADR	48138L107	174	59,940	SH		SOLE		59,940	0	0
Kimco Realty Corp.	Common	49446R109	9,022	461,480	SH		SOLE		200,360	0	261,120
Kite Realty Group Trust	Common	49803T300	2,829	139,687	SH		SOLE		60,775	0	78,912
KKR & Co. L.P.	Partnership	48248M102	47,303	2,326,754	SH		SOLE		2,326,754	0	0
Lam Research Corp.	Common	512807108	645	3,485	SH		SOLE		3,485	0	0
LendingClub Corp.	Common	52603A109	1,146	188,220	SH		SOLE		188,220	0	0
Liberty Expedia Holdings, Inc.	Common	53046P109	18,727	352,600	SH		SOLE		352,330	0	270
Liberty Global PLC, LiLAC Class C	Common	G5480U153	32,089	1,377,197	SH		SOLE		1,376,259	0	938
Liberty Global PLC, Series C	Common	G5480U120	333,255	10,204,759	SH		SOLE		9,992,928	0	211,831
Liberty Interactive Corp., QVC Group, Series A	Common	53071M104	48,903	2,076,235	SH		SOLE		2,040,488	0	35,747
Liberty Interactive, Liberty Ventures, Series A	Common	53071M856	30,428	528,715	SH		SOLE		528,320	0	395
Liberty TripAdvisor Holdings, Inc., Series A	Common	531465102	6,181	500,514	SH		SOLE		500,134	0	380
Life Storage, Inc.	Common	53223X107	10,760	131,521	SH		SOLE		57,171	0	74,350
Loews Corp.	Common	540424108	243,502	5,087,910	SH		SOLE		5,019,506	0	68,404
Markel Corp.	Common	570535104	282,018	264,054	SH		SOLE		261,359	0	2,695
Marsh & McLennan Co.	Common	571748102	42,761	510,212	SH		SOLE		510,212	0	0
Microsoft Corp.	Common	594918104	259,717	3,488,561	SH		SOLE		3,422,847	0	65,714
Mid-America Apartment Communities, Inc	Common	59522J103	12,779	119,564	SH		SOLE		43,255	0	76,309
Monsanto Co.	Common	61166W101	51,296	428,111	SH		SOLE		428,111	0	0
Moody's Corp.	Common	615369105	28,227	202,766	SH		SOLE		202,766	0	0
New Oriental Education & Technology ADR	ADR	647581107	93,434	1,058,617	SH		SOLE		1,058,617	0	0
Noah Holdings Ltd. ADS	ADR	65487X102	45,782	1,425,790	SH		SOLE		1,425,790	0	0
Novartis AG ADR	ADR	66987V109	30,063	350,186	SH		SOLE		350,186	0	0
Occidental Petroleum Corp.	Common	674599105	400,487	6,232,951	SH		SOLE		6,147,478	0	85,473
Oracle Corporation	Common	68389X105	189,679	3,924,554	SH		SOLE		3,837,954	0	86,600
PACCAR, Inc.	Common	693718108	228	3,156	SH		SOLE		0	0	3,156
PNC Financial Services Group, Inc.	Common	693475105	41,783	310,032	SH		SOLE		310,032	0	0
PPG Industries, Inc.	Common	693506107	594	5,470	SH		SOLE		5,470	0	0
Praxair, Inc.	Common	74005P104	355,642	2,543,551	SH		SOLE		2,506,999	0	36,552
Prologis, Inc.	Common	74340W103	16,724	263,530	SH		SOLE		115,890	0	147,640
Public Storage	Common	74460D109	21,068	98,454	SH		SOLE		40,104	0	58,350
Quest Diagnostics Inc.	Common	74834L100	12,382	132,655	SH		SOLE		118,370	0	14,285
Quotient Technology, Inc.	Common	749119103	27,927	1,785,168	SH		SOLE		1,657,685	0	127,483
Ramco-Gershenson Properties Trust	Common	751452202	2,694	207,051	SH		SOLE		90,051	0	117,000
Regency Centers Corporation	Common	758849103	11,221	180,867	SH		SOLE		78,167	0	102,700
Retail Opportunity Investments Corp.	Common	76131N101	12,305	647,274	SH		SOLE		278,094	0	369,180
Rexford Industrial Realty, Inc.	Common	76169C100	9,006	314,670	SH		SOLE		136,690	0	177,980
S&P Global, Inc.	Common	78409V104	28,236	180,638	SH		SOLE		180,638	0	0
SAP AG ADR	ADR	803054204	15,537	141,865	SH		SOLE		128,895	0	12,970
Simon Property Group, Inc.	Common	828806109	37,521	233,037	SH		SOLE		99,377	0	133,660
SL Green Realty Corp.	Common	78440X101	11,898	117,429	SH		SOLE		50,849	0	66,580
State Street Corp.	Common	857477103	47,562	497,827	SH		SOLE		497,827	0	0
TAL Education Group, Class A, ADR	ADR	874080104	85,550	2,537,827	SH		SOLE		2,537,827	0	0
Tarena International, Inc.,Class A, ADR	ADR	876108101	35,778	2,458,979	SH		SOLE		2,458,979	0	0
Terreno Realty Corp.	Common	88146M101	17,533	484,604	SH		SOLE		205,991	0	278,613
Texas Instruments, Inc.	Common	882508104	469,268	5,234,988	SH		SOLE		5,134,301	0	100,687
The Priceline Group, Inc.	Common	741503403	130,122	71,073	SH		SOLE		70,985	0	88
United Technologies Corp.	Common	913017109	889,784	7,666,203	SH		SOLE		7,523,460	0	142,743
UnitedHealth Group, Inc.	Common	91324P102	255,634	1,305,135	SH		SOLE		1,272,304	0	32,831
US Bancorp	Common	902973304	72,965	1,361,537	SH		SOLE		1,356,299	0	5,238
Ventas, Inc.	Common	92276F100	9,002	138,212	SH		SOLE		62,662	0	75,550
Vipshop Holdings Ltd. ADS	ADR	92763W103	32,215	3,659,664	SH		SOLE		3,598,172	0	61,492
Visa, Inc., Class A	Common	92826C839	246,481	2,342,817	SH		SOLE		2,315,254	0	27,563
Vornado Realty Trust	Common	929042109	12,763	166,018	SH		SOLE		72,532	0	93,486
Wells Fargo & Co.	Common	949746101	1,451,064	26,335,478	SH		SOLE		25,877,265	0	458,213
Welltower, Inc.	Common	95040Q104	17,749	252,553	SH		SOLE		108,513	0	144,040
Weyerhaeuser Co.	Common	962166104	13,534	397,704	SH		SOLE		175,204	0	222,500
Xilinx, Inc.	Common	983919101	561	7,920	SH		SOLE		7,920	0	0
ZTO Express Cayman, Inc. ADR	ADR	98980A105	65,798	4,686,871	SH		SOLE		4,574,621	0	112,250