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., Class A, ADR	ADR	31680Q104	44,462	912,598	SH		SOLE		912,598	0	0
Acadia Realty Trust	Common	004239109	4,615	372,477	SH		SOLE		183,807	0	188,670
Adient plc	Common	G0084W101	12,695	1,399,699	SH		SOLE		1,399,699	0	0
Alexandria Real Estate Equities, Inc.	Common	015271109	15,241	111,197	SH		SOLE		67,303	0	43,894
Alibaba Group Holding Ltd., ADR	ADR	01609W102	696,422	3,580,944	SH		SOLE		3,542,575	0	38,369
Alleghany Corporation	Common	017175100	24,894	45,069	SH		SOLE		45,069	0	0
Alphabet Inc., Class A	Common	02079K305	481,487	414,378	SH		SOLE		406,436	0	7,942
Alphabet Inc., Class C	Common	02079K107	931,178	800,800	SH		SOLE		790,139	0	10,661
Altus Midstream Co., Class A	Common	02215L100	2,843	3,791,280	SH		SOLE		3,791,280	0	0
Amazon.com, Inc.	Common	023135106	1,051,724	539,423	SH		SOLE		529,026	0	10,397
American Campus Communities, Inc.	Common	024835100	11,666	420,404	SH		SOLE		221,780	0	198,624
American Express Co.	Common	025816109	461,997	5,396,526	SH		SOLE		5,305,747	0	90,779
American Homes 4 Rent, Class A	Common	02665T306	1,943	83,770	SH		SOLE		0	0	83,770
Apache Corp.	Common	037411105	86,898	20,789,074	SH		SOLE		20,336,381	0	452,693
Applied Materials, Inc.	Common	038222105	748,792	16,342,040	SH		SOLE		16,046,438	0	295,602
Aptiv PLC	Common	G6095L109	9,541	193,762	SH		SOLE		175,552	0	18,210
AvalonBay Communities, Inc.	Common	053484101	16,583	112,680	SH		SOLE		62,240	0	50,440
Axalta Coating Systems Ltd.	Common	G0750C108	351	20,310	SH		SOLE		20,310	0	0
Baidu, Inc., Class A, ADR	ADR	056752108	9,455	93,805	SH		SOLE		93,805	0	0
Bank of America Corp.	Common	060505104	67,907	3,198,648	SH		SOLE		3,198,648	0	0
Bank of N.T. Butterfield & Son Ltd.	Common	G0772R208	56,688	3,328,708	SH		SOLE		3,328,708	0	0
Bank of New York Mellon Corp.	Common	064058100	519,251	15,417,191	SH		SOLE		15,180,191	0	237,000
Berkshire Hathaway Inc., Class A	Common	084670108	764,048	2,809	SH		SOLE		2,809	0	0
Berkshire Hathaway Inc., Class B	Common	084670702	273,598	1,496,460	SH		SOLE		1,409,234	0	87,226
Booking Holdings, Inc.	Common	09857L108	64,313	47,805	SH		SOLE		47,805	0	0
Boston Properties, Inc.	Common	101121101	10,391	112,660	SH		SOLE		62,420	0	50,240
Brixmor Property Group, Inc.	Common	11120U105	8,133	856,100	SH		SOLE		455,230	0	400,870
Cabot Oil & Gas Corp.	Common	127097103	15,131	880,221	SH		SOLE		772,195	0	108,026
Camden Property Trust	Common	133131102	14,419	181,970	SH		SOLE		99,530	0	82,440
Capital One Financial Corp.	Common	14040H105	806,451	15,994,663	SH		SOLE		15,741,856	0	252,807
CarMax, Inc.	Common	143130102	202	3,760	SH		SOLE		0	0	3,760
Charles Schwab Corp.	Common	808513105	28,236	839,864	SH		SOLE		839,864	0	0
China Index Holdings Ltd., ADR	ADR	16954W101	6,547	4,813,679	SH		SOLE		4,798,864	0	14,815
Chubb Ltd.	Common	H1467J104	194,458	1,741,055	SH		SOLE		1,715,550	0	25,505
Cigna Corp.	Common	125523100	56,033	316,250	SH		SOLE		288,965	0	27,285
Coresite Realty Corp.	Common	21870Q105	6,640	57,290	SH		SOLE		34,140	0	23,150
Cousins Properties, Inc.	Common	222795502	9,396	321,005	SH		SOLE		174,870	0	146,135
Crown Castle International Corp.	Common	22822V101	11,886	82,310	SH		SOLE		43,510	0	38,800
CVS Health Corp.	Common	126650100	47,738	804,619	SH		SOLE		786,240	0	18,379
CyrusOne Inc.	Common	23283R100	9,100	147,370	SH		SOLE		95,690	0	51,680
Davis Select Financial	ETF	23908L108	32,738	1,959,793	SH		SOLE		1,959,793	0	0
Davis Select International	ETF	23908L405	56,250	3,774,558	SH		SOLE		3,774,558	0	0
Davis Select U.S. Equity	ETF	23908L207	62,917	3,234,982	SH		SOLE		3,234,982	0	0
Davis Select Worldwide	ETF	23908L306	36,066	1,873,537	SH		SOLE		1,873,537	0	0
Digital Realty Trust, Inc.	Common	253868103	14,165	101,970	SH		SOLE		55,250	0	46,720
Douglas Emmett, Inc.	Common	25960P109	6,883	225,598	SH		SOLE		123,118	0	102,480
DXC Technology Co.	Common	23355L106	907	69,539	SH		SOLE		69,539	0	0
EastGroup Properties, Inc.	Common	277276101	2,273	21,760	SH		SOLE		13,500	0	8,260
Eaton Corp. PLC	Common	G29183103	32,425	417,358	SH		SOLE		376,029	0	41,329
Electronic Arts, Inc.	Common	285512109	297	2,960	SH		SOLE		2,960	0	0
Equinix, Inc.	Common	29444U700	23,253	37,230	SH		SOLE		20,050	0	17,180
Equity Residential	Common	29476L107	15,329	248,410	SH		SOLE		124,015	0	124,395
Essex Property Trust, Inc.	Common	297178105	14,983	68,031	SH		SOLE		37,520	0	30,511
Everest Re Group, Ltd.	Common	G3223R108	12,189	63,347	SH		SOLE		63,347	0	0
Expedia Group, Inc.	Common	30212P303	4,821	85,682	SH		SOLE		85,682	0	0
Extra Space Storage Inc.	Common	30225T102	7,900	82,500	SH		SOLE		45,030	0	37,470
Facebook, Inc, Class A	Common	30303M102	698,601	4,188,254	SH		SOLE		4,119,906	0	68,348
Fang Holdings Ltd., Class A, ADR	ADR	30711Y201	2,456	1,819,027	SH		SOLE		1,805,062	0	13,965
Federal Realty Investment Trust	Common	313747206	7,237	97,000	SH		SOLE		49,070	0	47,930
FedEx Corp.	Common	31428X106	338	2,790	SH		SOLE		2,790	0	0
GCI Liberty, Inc., Class A	Common	36164V305	20,578	361,210	SH		SOLE		361,210	0	0
Goldman Sachs Group, Inc.	Common	38141G104	32,801	212,183	SH		SOLE		212,183	0	0
Greenlight Capital Re, Ltd., Class A	Common	G4095J109	7,079	1,189,789	SH		SOLE		1,189,789	0	0
Healthpeak Properties, Inc.	Common	42250P103	8,327	349,156	SH		SOLE		201,640	0	147,516
Hollysys Automation Technologies, Ltd.	Common	G45667105	86,393	6,697,115	SH		SOLE		6,697,115	0	0
Host Hotels & Resorts, Inc.	Common	44107P104	11,577	1,048,610	SH		SOLE		529,990	0	518,620
HP, Inc.	Common	40434L105	362	20,830	SH		SOLE		20,830	0	0
Hudson Pacific Properties, Inc.	Common	444097109	13,359	526,780	SH		SOLE		274,770	0	252,010
Humana Inc.	Common	444859102	23,119	73,623	SH		SOLE		65,530	0	8,093
Intel Corp.	Common	458140100	454,631	8,400,422	SH		SOLE		8,241,668	0	158,754
iQIYI, Inc., Class A, ADR	ADR	46267X108	19,043	1,069,826	SH		SOLE		1,069,826	0	0
iShares S&P 500 Value ETF	ETF	464287408	1,750	18,178	SH		SOLE		18,178	0	0
JD.com, Inc., Class A, ADR	ADR	47215P106	166,216	4,104,087	SH		SOLE		4,104,087	0	0
Jernigan Capital, Inc.	Common	476405105	5,236	477,750	SH		SOLE		259,540	0	218,210
Johnson Controls International PLC	Common	G51502105	34,393	1,275,712	SH		SOLE		1,191,034	0	84,678
JPMorgan Chase & Co.	Common	46625H100	650,998	7,230,895	SH		SOLE		7,123,590	0	107,305
Lam Research Corp.	Common	512807108	589	2,455	SH		SOLE		2,455	0	0
Liberty Global plc, Series C	Common	G5480U120	14,134	899,654	SH		SOLE		899,654	0	0
Liberty Latin America Ltd., Class C	Common	G9001E128	8,420	820,670	SH		SOLE		820,670	0	0
Liberty TripAdvisor Hldgs Inc. - A	Common	531465102	614	341,164	SH		SOLE		341,164	0	0
Life Storage, Inc.	Common	53223X107	6,983	73,850	SH		SOLE		38,430	0	35,420
Loews Corp.	Common	540424108	81,602	2,342,854	SH		SOLE		2,304,316	0	38,538
Magnolia Oil & Gas Corp., Class A	Common	559663109	48,811	12,202,748	SH		SOLE		11,991,361	0	211,387
Markel Corp.	Common	570535104	190,496	205,300	SH		SOLE		203,337	0	1,963
Microsoft Corp.	Common	594918104	90,800	575,739	SH		SOLE		542,412	0	33,327
New Oriental Education & Tech ADR	ADR	647581107	733,349	6,775,217	SH		SOLE		6,712,886	0	62,331
Noah Holdings Ltd., ADS	ADR	65487X102	23,641	914,173	SH		SOLE		914,173	0	0
Novartis AG - ADR	ADR	66987V109	2,295	27,840	SH		SOLE		27,840	0	0
Oracle Corp.	Common	68389X105	104,098	2,153,893	SH		SOLE		2,092,056	0	61,837
Ovintiv Inc.	Common	69047Q102	20,137	7,458,309	SH		SOLE		7,369,414	0	88,895
Owens Corning	Common	690742101	27,451	707,326	SH		SOLE		642,554	0	64,772
PNC Financial Services Group, Inc.	Common	693475105	46,103	481,645	SH		SOLE		481,645	0	0
PPG Industries, Inc.	Common	693506107	457	5,470	SH		SOLE		5,470	0	0
Prologis, Inc.	Common	74340W103	23,924	297,672	SH		SOLE		169,632	0	128,040
Public Storage, Inc.	Common	74460D109	18,324	92,260	SH		SOLE		50,160	0	42,100
Qorvo, Inc.	Common	74736K101	36,519	452,915	SH		SOLE		410,038	0	42,877
Quest Diagnostics, Inc.	Common	74834L100	310,509	3,866,858	SH		SOLE		3,744,871	0	121,987
Quotient Technology, Inc.	Common	749119103	25,024	3,849,779	SH		SOLE		3,649,595	0	200,184
Raytheon Co.	Common	755111507	136,409	1,040,096	SH		SOLE		1,018,142	0	21,954
Retail Opportunity Investments Corp.	Common	76131N101	3,082	371,765	SH		SOLE		178,665	0	193,100
Rexford Industrial Realty, Inc.	Common	76169C100	17,804	434,150	SH		SOLE		223,160	0	210,990
SAP SE, ADR	ADR	803054204	13,451	121,728	SH		SOLE		111,892	0	9,836
Simon Property Group, Inc.	Common	828806109	16,190	295,120	SH		SOLE		164,880	0	130,240
SL Green Realty Corp.	Common	78440X101	4,929	114,360	SH		SOLE		57,510	0	56,850
Slack Technologies, Inc., Class A	Common	83088V102	749	27,900	SH		SOLE		27,900	0	0
State Street Corp.	Common	857477103	35,780	671,664	SH		SOLE		671,664	0	0
STORE Capital Corp.	Common	862121100	3,267	180,300	SH		SOLE		93,310	0	86,990
Sunstone Hotel Investors, Inc.	Common	867892101	7,156	821,600	SH		SOLE		438,020	0	383,580
Terreno Realty Corp.	Common	88146M101	17,662	341,287	SH		SOLE		171,264	0	170,023
Texas Instruments, Inc.	Common	882508104	368,169	3,684,270	SH		SOLE		3,602,795	0	81,475
Trip Com Group Ltd	ADR	89677Q107	11,516	491,075	SH		SOLE		491,075	0	0
U.S. Bancorp	Common	902973304	451,369	13,102,156	SH		SOLE		12,942,381	0	159,775
Ulta Beauty, Inc.	Common	90384S303	541	3,080	SH		SOLE		3,080	0	0
United Technologies Corp.	Common	913017109	823,769	8,732,839	SH		SOLE		8,559,944	0	172,895
UnitedHealth Group, Inc.	Common	91324P102	53,770	215,616	SH		SOLE		194,833	0	20,783
Ventas, Inc.	Common	92276F100	6,105	227,800	SH		SOLE		138,400	0	89,400
VMware, Inc.	Common	928563402	3,066	25,320	SH		SOLE		25,320	0	0
Vornado Realty Trust	Common	929042109	7,271	200,790	SH		SOLE		100,054	0	100,736
Wells Fargo & Co.	Common	949746101	793,156	27,636,091	SH		SOLE		27,148,978	0	487,113
Welltower Inc.	Common	95040Q104	10,631	232,210	SH		SOLE		124,380	0	107,830
Xilinx, Inc.	Common	983919101	443	5,685	SH		SOLE		5,685	0	0
Yirendai Ltd., ADR	ADR	98585L100	9,496	2,368,137	SH		SOLE		2,368,137	0	0