# EDGAR Filing Document

**Accession Number:** 0000203002
**File Stem:** 0001145549-23-009702
**Filing Date:** 2023-2
**Character Count:** 21635
**Document Hash:** d5eefcd11708534c3ed9b1ccd1290603
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001145549-23-009702.hdr.sgml**: 20230224

**ACCESSION NUMBER**: 0001145549-23-009702

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20221231

**FILED AS OF DATE**: 20230224

**DATE AS OF CHANGE**: 20230224

**PERIOD START**: 20221231

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** DAVIS SERIES INC
- **CENTRAL INDEX KEY:** 0000203002
- **IRS NUMBER:** 362926440
- **STATE OF INCORPORATION:** MD
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-02679
- **FILM NUMBER:** 23664812

**BUSINESS ADDRESS:**
- **STREET 1:** 2949 E. ELVIRA ROAD
- **STREET 2:** SUITE 101
- **CITY:** TUCSON
- **STATE:** AZ
- **ZIP:** 85756
- **BUSINESS PHONE:** (520)806-7600

**MAIL ADDRESS:**
- **STREET 1:** 2949 E. ELVIRA ROAD
- **STREET 2:** SUITE 101
- **CITY:** TUCSON
- **STATE:** AZ
- **ZIP:** 85756

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** RETIREMENT PLANNING FUNDS OF AMERICA INC
- **DATE OF NAME CHANGE:** 19920703

## Series and Classes Contracts Data

### Davis Appreciation & Income Fund (Series ID: S000003446)

| Class ID   | Class Name   | Ticker Symbol   |
|:---|:---|:---|
| C000009543 | Class A      | RPFCX           |
| C000009545 | Class C      | DCSCX           |
| C000009546 | Class Y      | DCSYX           |

## Form NPORT-P: Monthly Portfolio Investments Report

### NPORT-P: Part A: General Information

**Item A.1. Information about the Registrant.**

- **a. Name of Registrant:** DAVIS SERIES INC

- **b. Investment Company Act file number:** 811-02679

- **c. CIK number of Registrant:** 0000203002

- **d. LEI of Registrant:** 254900V5R8G1UV68J551

- **e. Address and telephone number of Registrant.**

  - **Street Address 1:** 2949 E. Elvira Road

  - **City:** Tucson

  - **State:** AZ

  - **Foreign country:** US

  - **Zip / Postal Code:** 85756

  - **Telephone number:** 520-806-7600

**Item A.2. Information about the Series.**

- **a. Name of Series:** Davis Appreciation & Income Fund

- **b. EDGAR series identifier (if any):** S000003446

- **c. LEI of Series:** 254900C1B4QGADM32I05

**Item A.3. Reporting period.**

- **a. Date of fiscal year-end:** 2022-12-31

- **b. Date as of which information is reported:** 2022-12-31

**Item A.4. Final filing**

Does the Fund anticipate that this will be its final filing on Form N-PORT? **No**

### Fund Information

**Total Assets:** $184790560.78

**Total Liabilities:** $213610.57

**Net Assets:** $184576950.21

**Cash Not Reported:** $935.43

**Currency Risk Metrics (dv01):**

- 

**Credit Spread Risk - Investment Grade (dv01):**

- **3-Month:** -127.578196800000 | **1-Year:** -540.253358800000 | **5-Year:** -2222.773746500000 | **10-Year:** -1734.470361700000 | **30-Year:** -180.601562500000

**Credit Spread Risk - Non-Investment Grade (dv01):**

- **3-Month:** -3.921704100000 | **1-Year:** -361.930475200000 | **5-Year:** -592.614944500000 | **10-Year:** -467.991760300000 | **30-Year:** -81.155105600000

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000009543 | 6.93%                | 6.88%                | -4.08%               |
| Class ID C000009545 | 6.83%                | 6.82%                | -4.13%               |
| Class ID C000009546 | 6.94%                | 6.92%                | -4.05%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $0.00                    | $11584862.04                               |
| Month 2  | $249837.06               | $11872217.16                               |
| Month 3  | $-4870457.50             | $-3004114.85                               |

### Schedule of Portfolio Investments

| Name                           | Title                                                  | Identifiers                                   | Payoff Profile   | Asset Category   | Issuer Category   | Country   |   Balance | Units   | Value (USD)   | % of Net Assets   | Maturity Date   | Coupon Type   | Annualized Rate (%)   | Restricted?   |   Fair Value Level | Lending Status   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| AMERICAN EAGLE NORTHWEST LLC W | AMERICAN EAGLE NORTHWEST LLC W AMEHSG 12/28 FIXED 5.48 | CUSIP: 02554CAB5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1625000 | PA      | $1607092.50   | 0.87%             | 2028-12-15      | Fixed         | 5.48%                 | No            |                  2 | On Loan: No      |
| BREAN ASSET BACKED SECURITIES  | BREAN ASSET BACKED SECURITIES BABS 2021 RM1 A 144A     | CUSIP: 10638CAA0<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |   1820823 | PA      | $1549375.96   | 0.84%             | 2063-10-25      | Variable      | 1.40%                 | No            |                  2 | On Loan: No      |
| BREAN ASSET BACKED SECURITIES  | BREAN ASSET BACKED SECURITIES BABS 2021 RM2 A 144A     | CUSIP: 10638MAA8<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |    563132 | PA      | $491553.40    | 0.27%             | 2061-10-25      | Variable      | 1.75%                 | No            |                  2 | On Loan: No      |
| BREAN ASSET BACKED SECURITIES  | BREAN ASSET BACKED SECURITIES BABS 2022 RM3 A 144A     | CUSIP: 10638NAA6<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |   1109310 | PA      | $967287.71    | 0.52%             | 2062-02-25      | Variable      | 1.75%                 | No            |                  2 | On Loan: No      |
| CVS HEALTH CORP                | CVS HEALTH CORP SR UNSECURED 03/28 4.3                 | CUSIP: 126650CX6<br>LEI: 549300EJG376EN5NQE29 | Long             | DBT              | CORP              | US        |   2575000 | PA      | $2495450.01   | 1.35%             | 2028-03-25      | Fixed         | 4.30%                 | No            |                  2 | On Loan: No      |
| DELL INT LLC / EMC CORP        | DELL INT LLC / EMC CORP SR SECURED 07/36 8.1           | CUSIP: 24703TAJ5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1750000 | PA      | $1967881.90   | 1.07%             | 2036-07-15      | Fixed         | 8.10%                 | No            |                  2 | On Loan: No      |
| FED HM LN PC POOL G60660       | FED HM LN PC POOL G60660                               | CUSIP: 31335AWV6<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGA              | US        |    966051 | PA      | $985290.27    | 0.53%             | 2044-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| FREDDIE MAC                    | FREDDIE MAC FHR 5028 BD                                | CUSIP: 3137FWR85<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGA              | US        |    423485 | PA      | $390311.29    | 0.21%             | 2040-10-25      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| FNMA POOL AL8809               | FNMA POOL AL8809                                       | CUSIP: 3138ETYF7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGA              | US        |    728026 | PA      | $730261.25    | 0.40%             | 2033-10-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| FNMA POOL BT4507               | FNMA POOL BT4507 FN 09/51 FLOATING VAR                 | CUSIP: 3140LTAH7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGA              | US        |   1696620 | PA      | $1472278.95   | 0.80%             | 2051-09-01      | Variable      | 1.62%                 | No            |                  2 | On Loan: No      |
| GS MORTGAGE SECURITIES TRUST   | GS MORTGAGE SECURITIES TRUST GSMS 2013 GC12 B          | CUSIP: 36197XAQ7<br>LEI: 549300SSCQUZ3RRV2T53 | Long             | ABS-MBS          | USGA              | US        |   1600619 | PA      | $1581962.34   | 0.86%             | 2046-06-10      | Variable      | 3.78%                 | No            |                  2 | On Loan: No      |
| GENERAL ELECTRIC CO            | GENERAL ELECTRIC CO                                    | CUSIP: 36966TJA1<br>LEI: 3C7474T6CDKPR9K6YT90 | Long             | DBT              | CORP              | US        |   2165000 | PA      | $2165360.84   | 1.17%             | 2023-04-15      | Variable      | 5.08%                 | No            |                  2 | On Loan: No      |
| GOLDMAN SACHS GROUP INC        | GOLDMAN SACHS GROUP INC SR UNSECURED 03/27 VAR         | CUSIP: 38141GXX7<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | DBT              | CORP              | US        |   3500000 | PA      | $3360614.01   | 1.82%             | 2027-03-09      | Variable      | 4.94%                 | No            |                  2 | On Loan: No      |
| GOVERNMENT NATIONAL MORTGAGE A | GOVERNMENT NATIONAL MORTGAGE A GNR 2020 H16 FN         | CUSIP: 38380QLA8<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   1255506 | PA      | $1274670.45   | 0.69%             | 2070-09-20      | Variable      | 4.39%                 | No            |                  2 | On Loan: No      |
| GOVERNMENT NATIONAL MORTGAGE A | GOVERNMENT NATIONAL MORTGAGE A GNR 2022 207 BT         | CUSIP: 38383HGM5<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   1500000 | PA      | $1569375.00   | 0.85%             | 2062-12-20      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| IMS ECUADORIAN MORTAGAGE TRUST | IMS ECUADORIAN MORTAGAGE TRUST IMSVA 2021 1 GA 144A    | CUSIP: 44970EAA1<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |   1232574 | PA      | $1140131.29   | 0.62%             | 2043-08-18      | Fixed         | 3.40%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY BAML TRUST      | MORGAN STANLEY BAML TRUST MSBAM 2013 C7 AS             | CUSIP: 61690KAG7<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |    970592 | PA      | $965300.14    | 0.52%             | 2046-02-15      | Fixed         | 3.21%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY BAML TRUST      | MORGAN STANLEY BAML TRUST MSBAM 2014 C19 A3            | CUSIP: 61764PBT8<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |   2042408 | PA      | $1977372.76   | 1.07%             | 2047-12-15      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| OCCIDENTAL PETROLEUM COR       | OCCIDENTAL PETROLEUM COR SR UNSECURED 12/25 5.5        | CUSIP: 674599EE1<br>LEI: IM7X0T3ECJW4C1T7ON55 | Long             | DBT              | CORP              | US        |   2250000 | PA      | $2245500.00   | 1.22%             | 2025-12-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| VIATRIS INC                    | VIATRIS INC COMPANY GUAR 06/30 2.7                     | CUSIP: 92556VAD8<br>LEI: 254900ZZTSW7NL773X71 | Long             | DBT              | CORP              | US        |   1925000 | PA      | $1509118.30   | 0.82%             | 2030-06-22      | Fixed         | 2.70%                 | No            |                  2 | On Loan: No      |
| TRUIST REPO                    | TRUIST REPO REPO - 03Jan23                             | CUSIP: ARP0VCU83<br>LEI: N/A                  | Long             | RA               | USGA              | US        |   3898000 | PA      | $3898000.00   | 2.11%             | 2023-01-03      | Fixed         | 4.28%                 | No            |                  2 | On Loan: No      |
| STONEX REPO                    | STONEX REPO REPO - 03Jan23                             | CUSIP: ARP0VCU91<br>LEI: N/A                  | Long             | RA               | USGA              | US        |   4417000 | PA      | $4417000.00   | 2.39%             | 2023-01-03      | Fixed         | 4.30%                 | No            |                  2 | On Loan: No      |
| ALPHABET INC CL C              | ALPHABET INC CL C                                      | CUSIP: 02079K107<br>LEI: 5493006MHB84DD0ZWV18 | Long             | EC               | CORP              | US        |    102720 | NS      | $9114345.60   | 4.94%             |  |  |  | No            |                  1 | On Loan: No      |
| AMAZON.COM INC                 | AMAZON.COM INC                                         | CUSIP: 023135106<br>LEI: ZXTILKJKG63JELOEG630 | Long             | EC               | CORP              | US        |     56520 | NS      | $4747680.00   | 2.57%             |  |  |  | No            |                  1 | On Loan: No      |
| AMERICAN EXPRESS CO            | AMERICAN EXPRESS CO                                    | CUSIP: 025816109<br>LEI: R4PP93JZOLY261QX3811 | Long             | EC               | CORP              | US        |     11565 | NS      | $1708728.75   | 0.93%             |  |  |  | No            |                  1 | On Loan: No      |
| APPLIED MATERIALS INC          | APPLIED MATERIALS INC                                  | CUSIP: 038222105<br>LEI: 41BNNE1AFPNAZELZ6K07 | Long             | EC               | CORP              | US        |     91198 | NS      | $8880861.24   | 4.81%             |  |  |  | No            |                  1 | On Loan: No      |
| BANK OF AMERICA CORP           | BANK OF AMERICA CORP COMMON STOCK USD.01               | CUSIP: 060505104<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | EC               | CORP              | US        |    101200 | NS      | $3351744.00   | 1.82%             |  |  |  | No            |                  1 | On Loan: No      |
| BANK OF NEW YORK MELLON CORP   | BANK OF NEW YORK MELLON CORP                           | CUSIP: 064058100<br>LEI: WFLLPEPC7FZXENRZV188 | Long             | EC               | CORP              | US        |    118600 | NS      | $5398672.00   | 2.92%             |  |  |  | No            |                  1 | On Loan: No      |
| BERKSHIRE HATHAWAY INC CL B    | BERKSHIRE HATHAWAY INC CL B                            | CUSIP: 084670702<br>LEI: 5493000C01ZX7D35SD85 | Long             | EC               | CORP              | US        |     48926 | NS      | $15113241.40  | 8.19%             |  |  |  | No            |                  1 | On Loan: No      |
| CIGNA CORP                     | CIGNA CORP COMMON STOCK USD.01                         | CUSIP: 125523100<br>LEI: 549300VIWYMSIGT1U456 | Long             | EC               | CORP              | US        |     16380 | NS      | $5427349.20   | 2.94%             |  |  |  | No            |                  1 | On Loan: No      |
| CAPITAL ONE FINANCIAL CORP     | CAPITAL ONE FINANCIAL CORP                             | CUSIP: 14040H105<br>LEI: ZUE8T73ROZOF6FLBAR73 | Long             | EC               | CORP              | US        |     96831 | NS      | $9001409.76   | 4.88%             |  |  |  | No            |                  1 | On Loan: No      |
| META PLATFORMS INC CLASS A     | META PLATFORMS INC CLASS A                             | CUSIP: 30303M102<br>LEI: BQ4BKCS1HXDV9HN80Z93 | Long             | EC               | CORP              | US        |     12722 | NS      | $1530965.48   | 0.83%             |  |  |  | No            |                  1 | On Loan: No      |
| INTEL CORP                     | INTEL CORP                                             | CUSIP: 458140100<br>LEI: KNX4USFCNGPY45LOCE31 | Long             | EC               | CORP              | US        |    144340 | NS      | $3814906.20   | 2.07%             |  |  |  | No            |                  1 | On Loan: No      |
| DANSKE BANK A/S                | DANSKE BANK A/S                                        | CUSIP: 458882909<br>LEI: MAES062Z21O4RZ2U7M96 | Long             | EC               | CORP              | DK        |    234720 | NS      | $4639122.47   | 2.51%             |  |  |  | No            |                  1 | On Loan: No      |
| JPMORGAN CHASE + CO            | JPMORGAN CHASE + CO                                    | CUSIP: 46625H100<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | EC               | CORP              | US        |     33233 | NS      | $4456545.30   | 2.41%             |  |  |  | No            |                  1 | On Loan: No      |
| MARKEL CORP                    | MARKEL CORP                                            | CUSIP: 570535104<br>LEI: 549300SCNO12JLWIK605 | Long             | EC               | CORP              | US        |      2640 | NS      | $3478173.60   | 1.88%             |  |  |  | No            |                  1 | On Loan: No      |
| MICROSOFT CORP                 | MICROSOFT CORP                                         | CUSIP: 594918104<br>LEI: INR2EJN1ERAN0W5ZP974 | Long             | EC               | CORP              | US        |     22511 | NS      | $5398588.02   | 2.92%             |  |  |  | No            |                  1 | On Loan: No      |
| DBS GROUP HOLDINGS LTD         | DBS GROUP HOLDINGS LTD                                 | CUSIP: 617520903<br>LEI: 5493007FKT78NKPM5V55 | Long             | EC               | CORP              | SG        |    208925 | NS      | $5290978.05   | 2.87%             |  |  |  | No            |                  1 | On Loan: No      |
| OWENS CORNING                  | OWENS CORNING COMMON STOCK USD.001                     | CUSIP: 690742101<br>LEI: JO5M6676RDJIZ2U8X907 | Long             | EC               | CORP              | US        |     45020 | NS      | $3840206.00   | 2.08%             |  |  |  | No            |                  1 | On Loan: No      |
| QUEST DIAGNOSTICS INC          | QUEST DIAGNOSTICS INC COMMON STOCK USD.01              | CUSIP: 74834L100<br>LEI: 8MCWUBXQ0WE04KMXBX50 | Long             | EC               | CORP              | US        |     43500 | NS      | $6805140.00   | 3.69%             |  |  |  | No            |                  1 | On Loan: No      |
| TEXAS INSTRUMENTS INC          | TEXAS INSTRUMENTS INC                                  | CUSIP: 882508104<br>LEI: WDJNR2L6D8RWOEB8T652 | Long             | EC               | CORP              | US        |     46083 | NS      | $7613833.26   | 4.13%             |  |  |  | No            |                  1 | On Loan: No      |
| US BANCORP                     | US BANCORP                                             | CUSIP: 902973304<br>LEI: N1GZ7BBF3NP8GI976H15 | Long             | EC               | CORP              | US        |     32635 | NS      | $1423212.35   | 0.77%             |  |  |  | No            |                  1 | On Loan: No      |
| VIATRIS INC                    | VIATRIS INC COMMON STOCK                               | CUSIP: 92556V106<br>LEI: 254900ZZTSW7NL773X71 | Long             | EC               | CORP              | US        |    572030 | NS      | $6366693.90   | 3.45%             |  |  |  | No            |                  1 | On Loan: No      |
| WELLS FARGO + CO               | WELLS FARGO + CO                                       | CUSIP: 949746101<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | EC               | CORP              | US        |    245548 | NS      | $10138676.92  | 5.49%             |  |  |  | No            |                  1 | On Loan: No      |
| JULIUS BAER GROUP LTD          | JULIUS BAER GROUP LTD                                  | CUSIP: B4R2R5908<br>LEI: 5299007MF0604ZGJER92 | Long             | EC               | CORP              | CH        |    112410 | NS      | $6547777.65   | 3.55%             |  |  |  | No            |                  1 | On Loan: No      |
| AIA GROUP LTD                  | AIA GROUP LTD COMMON STOCK                             | CUSIP: B4TX8S909<br>LEI: ZP5ILWVSYE4LJGMMVD57 | Long             | EC               | CORP              | HK        |    368960 | NS      | $4102995.73   | 2.22%             |  |  |  | No            |                  1 | On Loan: No      |
| JOHNSON CONTROLS INTERNATION   | JOHNSON CONTROLS INTERNATION                           | CUSIP: G51502105<br>LEI: 549300XQ6S1GYKGBL205 | Long             | EC               | CORP              | IE        |     29977 | NS      | $1918528.00   | 1.04%             |  |  |  | No            |                  1 | On Loan: No      |
| CHUBB LTD                      | CHUBB LTD                                              | CUSIP: H1467J104<br>LEI: E0JAN6VLUDI1HITHT809 | Long             | EC               | CORP              | CH        |     25165 | NS      | $5551399.00   | 3.01%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2023-01-26

**Name of Applicant:** DAVIS SERIES INC

**Signature:** Doug A. Haines

**Name of Signer:** Doug A. Haines

**Title:** Treasurer