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., Class A, ADR	ADR	31680Q104	98,275	1,821,925	SH		SOLE		1,821,925	0	0
Acadia Realty Trust	Common	004239109	6,506	501,257	SH		SOLE		225,597	0	275,660
Adient plc	Common	G0084W101	22,736	1,384,647	SH		SOLE		1,384,647	0	0
Alexandria Real Estate Equities, Inc.	Common	015271109	14,745	90,877	SH		SOLE		52,983	0	37,894
Alibaba Group Holding Ltd., ADR	ADR	01609W102	770,874	3,573,826	SH		SOLE		3,537,531	0	36,295
Alleghany Corporation	Common	017175100	22,767	46,545	SH		SOLE		46,545	0	0
Alphabet Inc., Class A	Common	02079K305	574,095	404,848	SH		SOLE		397,410	0	7,438
Alphabet Inc., Class C	Common	02079K107	1,115,862	789,371	SH		SOLE		779,385	0	9,986
Amazon.com, Inc.	Common	023135106	1,459,510	529,034	SH		SOLE		519,386	0	9,648
American Campus Communities, Inc.	Common	024835100	9,731	278,345	SH		SOLE		147,300	0	131,045
American Express Co.	Common	025816109	522,612	5,489,626	SH		SOLE		5,399,406	0	90,220
American Homes 4 Rent, Class A	Common	02665T306	6,904	256,650	SH		SOLE		137,030	0	119,620
Applied Materials, Inc.	Common	038222105	984,143	16,280,279	SH		SOLE		15,992,543	0	287,736
Aptiv PLC	Common	G6095L109	14,636	187,835	SH		SOLE		170,826	0	17,009
AvalonBay Communities, Inc.	Common	053484101	13,489	87,230	SH		SOLE		48,620	0	38,610
Axalta Coating Systems Ltd.	Common	G0750C108	458	20,310	SH		SOLE		20,310	0	0
Baidu, Inc., Class A, ADR	ADR	056752108	11,787	98,314	SH		SOLE		98,314	0	0
Bank of America Corp.	Common	060505104	85,394	3,595,526	SH		SOLE		3,595,526	0	0
Bank of N.T. Butterfield & Son Ltd.	Common	G0772R208	87,765	3,598,386	SH		SOLE		3,598,386	0	0
Bank of New York Mellon Corp.	Common	064058100	621,125	16,070,508	SH		SOLE		15,800,286	0	270,222
Berkshire Hathaway Inc., Class A	Common	084670108	741,490	2,774	SH		SOLE		2,774	0	0
Berkshire Hathaway Inc., Class B	Common	084670702	285,387	1,598,717	SH		SOLE		1,506,830	0	91,887
Booking Holdings, Inc.	Common	09857L108	205	129	SH		SOLE		129	0	0
Boston Properties, Inc.	Common	101121101	10,182	112,660	SH		SOLE		62,420	0	50,240
Brixmor Property Group, Inc.	Common	11120U105	12,723	992,440	SH		SOLE		499,690	0	492,750
Camden Property Trust	Common	133131102	11,793	129,280	SH		SOLE		71,870	0	57,410
Capital One Financial Corp.	Common	14040H105	1,011,436	16,159,701	SH		SOLE		15,911,154	0	248,547
CarMax, Inc.	Common	143130102	337	3,760	SH		SOLE		0	0	3,760
Carrier Global Corp.	Common	14448C104	679,387	30,575,476	SH		SOLE		29,922,434	0	653,042
Charles Schwab Corp.	Common	808513105	33,101	981,049	SH		SOLE		981,049	0	0
China Index Holdings Ltd., ADR	ADR	16954W101	10,261	4,794,730	SH		SOLE		4,781,989	0	12,741
Chubb Ltd.	Common	H1467J104	222,002	1,753,296	SH		SOLE		1,727,953	0	25,343
Cigna Corp.	Common	125523100	60,429	322,028	SH		SOLE		291,899	0	30,129
Coresite Realty Corp.	Common	21870Q105	8,129	67,150	SH		SOLE		34,430	0	32,720
Cousins Properties, Inc.	Common	222795502	9,576	321,005	SH		SOLE		174,870	0	146,135
Crown Castle International Corp.	Common	22822V101	13,836	82,680	SH		SOLE		43,880	0	38,800
CVS Health Corp.	Common	126650100	52,796	812,617	SH		SOLE		791,875	0	20,742
CyrusOne Inc.	Common	23283R100	11,852	162,920	SH		SOLE		96,490	0	66,430
Davis Select Financial	ETF	23908L108	36,295	1,959,793	SH		SOLE		1,959,793	0	0
Davis Select International	ETF	23908L405	68,923	3,774,558	SH		SOLE		3,774,558	0	0
Davis Select U.S. Equity	ETF	23908L207	75,288	3,234,982	SH		SOLE		3,234,982	0	0
Davis Select Worldwide	ETF	23908L306	44,197	1,873,537	SH		SOLE		1,873,537	0	0
Digital Realty Trust, Inc.	Common	253868103	10,561	74,315	SH		SOLE		40,735	0	33,580
Douglas Emmett, Inc.	Common	25960P109	8,706	283,960	SH		SOLE		154,070	0	129,890
DuPont de Nemours, Inc.	Common	26614N102	213	4,000	SH		SOLE		4,000	0	0
DXC Technology Co.	Common	23355L106	1,147	69,539	SH		SOLE		69,539	0	0
EastGroup Properties, Inc.	Common	277276101	2,581	21,760	SH		SOLE		13,500	0	8,260
Eaton Corp. PLC	Common	G29183103	36,942	422,288	SH		SOLE		383,550	0	38,738
Electronic Arts, Inc.	Common	285512109	391	2,960	SH		SOLE		2,960	0	0
Equinix, Inc.	Common	29444U700	24,082	34,290	SH		SOLE		18,570	0	15,720
Equity Residential	Common	29476L107	14,666	249,340	SH		SOLE		124,945	0	124,395
Essex Property Trust, Inc.	Common	297178105	15,664	68,351	SH		SOLE		37,840	0	30,511
Everest Re Group, Ltd.	Common	G3223R108	13,454	65,248	SH		SOLE		65,248	0	0
Extra Space Storage Inc.	Common	30225T102	7,656	82,880	SH		SOLE		45,410	0	37,470
Facebook, Inc, Class A	Common	30303M102	947,694	4,173,578	SH		SOLE		4,106,973	0	66,605
Fang Holdings Ltd., Class A, ADR	ADR	30711Y300	1,874	165,406	SH		SOLE		165,406	0	0
Federal Realty Investment Trust	Common	313747206	8,265	97,000	SH		SOLE		49,070	0	47,930
FedEx Corp.	Common	31428X106	391	2,790	SH		SOLE		2,790	0	0
Goldman Sachs Group, Inc.	Common	38141G104	26,444	133,813	SH		SOLE		133,813	0	0
Greenlight Capital Re, Ltd., Class A	Common	G4095J109	7,692	1,179,712	SH		SOLE		1,179,712	0	0
HD Supply Holdings, Inc.	Common	40416M105	5,327	153,737	SH		SOLE		140,656	0	13,081
Healthpeak Properties, Inc.	Common	42250P103	10,688	387,806	SH		SOLE		201,640	0	186,166
Highwoods Properties, Inc.	Common	431284108	4,238	113,530	SH		SOLE		60,270	0	53,260
Hollysys Automation Technologies, Ltd.	Common	G45667105	93,894	7,059,684	SH		SOLE		7,059,684	0	0
Host Hotels & Resorts, Inc.	Common	44107P104	11,315	1,048,610	SH		SOLE		529,990	0	518,620
HP, Inc.	Common	40434L105	363	20,830	SH		SOLE		20,830	0	0
Hudson Pacific Properties, Inc.	Common	444097109	13,304	528,770	SH		SOLE		276,760	0	252,010
Humana Inc.	Common	444859102	24,749	63,827	SH		SOLE		58,415	0	5,412
Intel Corp.	Common	458140100	506,728	8,469,465	SH		SOLE		8,312,603	0	156,862
iQIYI, Inc., Class A, ADR	ADR	46267X108	25,681	1,107,409	SH		SOLE		1,107,409	0	0
JD.com, Inc., Class A, ADR	ADR	47215P106	224,184	3,725,224	SH		SOLE		3,725,224	0	0
Jernigan Capital, Inc.	Common	476405105	6,536	477,750	SH		SOLE		259,540	0	218,210
Johnson Controls International PLC	Common	G51502105	49,242	1,442,369	SH		SOLE		1,332,526	0	109,843
JPMorgan Chase & Co.	Common	46625H100	691,505	7,351,742	SH		SOLE		7,244,242	0	107,500
Lam Research Corp.	Common	512807108	794	2,455	SH		SOLE		2,455	0	0
Liberty Global plc, Series C	Common	G5480U120	19,279	896,264	SH		SOLE		896,264	0	0
Liberty TripAdvisor Hldgs Inc. - A	Common	531465102	721	338,414	SH		SOLE		338,414	0	0
Life Storage, Inc.	Common	53223X107	7,012	73,850	SH		SOLE		38,430	0	35,420
Loews Corp.	Common	540424108	80,758	2,355,148	SH		SOLE		2,317,451	0	37,697
M&T Bank Corp.	Common	55261F104	3,468	33,359	SH		SOLE		33,359	0	0
Markel Corp.	Common	570535104	191,835	207,800	SH		SOLE		205,915	0	1,885
Microsoft Corp.	Common	594918104	114,338	561,829	SH		SOLE		534,934	0	26,895
Mohawk Industries, Inc.	Common	608190104	6,327	62,175	SH		SOLE		56,798	0	5,377
New Oriental Education & Tech ADR	ADR	647581107	881,650	6,769,946	SH		SOLE		6,710,085	0	59,861
Noah Holdings Ltd., ADS	ADR	65487X102	24,426	959,028	SH		SOLE		959,028	0	0
Novartis AG - ADR	ADR	66987V109	3,318	37,988	SH		SOLE		37,988	0	0
Oracle Corp.	Common	68389X105	17,762	321,364	SH		SOLE		294,755	0	26,609
Otis Worldwide Corp.	Common	68902V107	819	14,407	SH		SOLE		13,315	0	1,092
Owens Corning	Common	690742101	42,114	755,271	SH		SOLE		693,904	0	61,367
PNC Financial Services Group, Inc.	Common	693475105	62,180	591,009	SH		SOLE		591,009	0	0
PPG Industries, Inc.	Common	693506107	580	5,470	SH		SOLE		5,470	0	0
Prologis, Inc.	Common	74340W103	28,996	310,682	SH		SOLE		171,052	0	139,630
Public Storage, Inc.	Common	74460D109	17,771	92,610	SH		SOLE		50,510	0	42,100
Qorvo, Inc.	Common	74736K101	50,244	454,569	SH		SOLE		411,061	0	43,508
Quest Diagnostics, Inc.	Common	74834L100	441,546	3,874,574	SH		SOLE		3,757,507	0	117,067
Quotient Technology, Inc.	Common	749119103	28,270	3,861,958	SH		SOLE		3,674,409	0	187,549
Raytheon Technologies Corp.	Common	75513E101	694,253	11,266,678	SH		SOLE		11,043,635	0	223,043
Retail Opportunity Investments Corp.	Common	76131N101	6,064	535,215	SH		SOLE		231,475	0	303,740
Rexford Industrial Realty, Inc.	Common	76169C100	17,987	434,150	SH		SOLE		223,160	0	210,990
SAP SE, ADR	ADR	803054204	16,575	118,390	SH		SOLE		109,249	0	9,141
Simon Property Group, Inc.	Common	828806109	13,067	191,100	SH		SOLE		110,260	0	80,840
SL Green Realty Corp.	Common	78440X101	3,502	71,040	SH		SOLE		34,570	0	36,470
Slack Technologies, Inc., Class A	Common	83088V102	867	27,900	SH		SOLE		27,900	0	0
State Street Corp.	Common	857477103	42,594	670,239	SH		SOLE		670,239	0	0
Sunstone Hotel Investors, Inc.	Common	867892101	6,696	821,600	SH		SOLE		438,020	0	383,580
Terreno Realty Corp.	Common	88146M101	18,041	342,727	SH		SOLE		172,704	0	170,023
Texas Instruments, Inc.	Common	882508104	464,944	3,661,844	SH		SOLE		3,581,965	0	79,879
Trip Com Group Ltd	ADR	89677Q107	12,729	491,075	SH		SOLE		491,075	0	0
Truist Financial Corp.	Common	89832Q109	470	12,513	SH		SOLE		12,513	0	0
U.S. Bancorp	Common	902973304	494,272	13,424,011	SH		SOLE		13,265,804	0	158,207
Ulta Beauty, Inc.	Common	90384S303	627	3,080	SH		SOLE		3,080	0	0
UnitedHealth Group, Inc.	Common	91324P102	59,367	201,279	SH		SOLE		182,616	0	18,663
Ventas, Inc.	Common	92276F100	8,342	227,800	SH		SOLE		138,400	0	89,400
VMware, Inc.	Common	928563402	3,921	25,320	SH		SOLE		25,320	0	0
Vornado Realty Trust	Common	929042109	4,012	105,010	SH		SOLE		56,064	0	48,946
Wells Fargo & Co.	Common	949746101	731,291	28,566,052	SH		SOLE		28,087,681	0	478,371
Welltower Inc.	Common	95040Q104	16,024	309,650	SH		SOLE		177,610	0	132,040
Xilinx, Inc.	Common	983919101	559	5,685	SH		SOLE		5,685	0	0
Yirendai Ltd., ADR	ADR	98585L100	10,413	2,521,192	SH		SOLE		2,521,192	0	0