# EDGAR Filing Document

**Accession Number:** 0000203002
**File Stem:** 0001193125-26-074157
**Filing Date:** 2026-2
**Character Count:** 27057
**Document Hash:** 411d422703ea974dca2c483032769353
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001193125-26-074157.hdr.sgml**: 20260226

**ACCESSION NUMBER**: 0001193125-26-074157

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20251231

**FILED AS OF DATE**: 20260226

**DATE AS OF CHANGE**: 20260226

**PERIOD START**: 20251231

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** DAVIS SERIES INC
- **CENTRAL INDEX KEY:** 0000203002

**ORGANIZATION NAME:**
- **EIN:** 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:** 26682527

**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 Balanced 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 Balanced Fund

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

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

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

- **a. Date of fiscal year-end:** 2025-12-31

- **b. Date as of which information is reported:** 2025-12-31

**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:** $296911673.92

**Total Liabilities:** $249768.77

**Net Assets:** $296661905.15

**Cash Not Reported:** $31051.23

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** -74.086525000000 | **1-Year:** -148.724197400000 | **5-Year:** -214.174160000000 | **10-Year:** -88.509239200000 | **30-Year:** 0.000000000000

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

- **3-Month:** -1.643332800000 | **1-Year:** -210.794044500000 | **5-Year:** -888.575470000000 | **10-Year:** -112.456474300000 | **30-Year:** -15.633929300000

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000009543 | 0.89%                | 3.89%                | 1.67%                |
| Class ID C000009545 | 0.82%                | 3.82%                | 1.60%                |
| Class ID C000009546 | 0.90%                | 3.92%                | 1.70%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $395623.35               | $1767928.93                                |
| Month 2  | $1399539.03              | $9047906.99                                |
| Month 3  | $2846224.20              | $1684267.20                                |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| MONTANA HIGHER EDUCATION STUDE | MONTANA HIGHER EDUCATION STUDE MHESA 2012 1 A3         | CUSIP: 61205PAL3<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |    843464 | PA      | $841105.13    | 0.28%             | 2043-07-20      | Variable      | 5.08%                 | No            |                  2 | On Loan: No      |
| SBA POOL 530285                | SBA POOL 530285 SBA 01/33 FLOATING VAR                 | CUSIP: 8316A0J76<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |    268853 | PA      | $268323.01    | 0.09%             | 2033-01-25      | Variable      | 4.85%                 | No            |                  2 | On Loan: No      |
| MARKEL GROUP INC               | MARKEL CORP                                            | CUSIP: 570535104<br>LEI: 549300SCNO12JLWIK605 | Long             | EC               | CORP              | US        |      2640 | NS      | $5675076.00   | 1.91%             |  |  |  | No            |                  1 | On Loan: No      |
| MICROSOFT CORP                 | MICROSOFT CORP                                         | CUSIP: 594918104<br>LEI: INR2EJN1ERAN0W5ZP974 | Long             | EC               | CORP              | US        |      5751 | NS      | $2781298.62   | 0.94%             |  |  |  | No            |                  1 | On Loan: No      |
| DBS GROUP HOLDINGS LTD         | DBS GROUP HOLDINGS LTD                                 | CUSIP: 617520903<br>LEI: 5493007FKT78NKPM5V55 | Long             | EC               | CORP              | SG        |     98317 | NS      | $4306738.78   | 1.45%             |  |  |  | No            |                  2 | On Loan: No      |
| OWENS CORNING                  | OWENS CORNING COMMON STOCK USD.001                     | CUSIP: 690742101<br>LEI: JO5M6676RDJIZ2U8X907 | Long             | EC               | CORP              | US        |     37600 | NS      | $4207816.00   | 1.42%             |  |  |  | No            |                  1 | On Loan: No      |
| FNMA POOL BM7528               | FNMA POOL BM7528 FN 07/54 FLOATING VAR                 | CUSIP: 3140JCLJ1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGA              | US        |   2887468 | PA      | $2851980.62   | 0.96%             | 2054-06-01      | Variable      | 4.64%                 | No            |                  2 | On Loan: No      |
| FNMA POOL BM7583               | FNMA POOL BM7583 FN 11/54 FLOATING VAR                 | CUSIP: 3140JCM92<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGA              | US        |   1574409 | PA      | $1620035.27   | 0.55%             | 2054-11-01      | Variable      | 5.86%                 | No            |                  2 | On Loan: No      |
| FNMA POOL BM7752               | FNMA POOL BM7752 FN 06/55 FLOATING VAR                 | CUSIP: 3140JCTJ3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGA              | US        |   1856520 | PA      | $1904380.70   | 0.64%             | 2055-06-01      | Variable      | 5.41%                 | No            |                  2 | On Loan: No      |
| GNMA II POOL MA8881            | GNMA II POOL MA8881 G2 05/53 FIXED 6.5                 | CUSIP: 36179X2N5<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    969799 | PA      | $1003036.21   | 0.34%             | 2053-05-20      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| SBA POOL 530303                | SBA POOL 530303 SBA 01/33 FLOATING VAR                 | CUSIP: 8316A0KR0<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |    893245 | PA      | $897657.95    | 0.30%             | 2033-01-25      | Variable      | 4.85%                 | No            |                  2 | On Loan: No      |
| SBA POOL 530455                | SBA POOL 530455 SBA 11/33 FLOATING VAR                 | CUSIP: 8316A0QH6<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |   2430355 | PA      | $2438545.36   | 0.82%             | 2033-11-25      | Variable      | 4.90%                 | 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      | $1760266.12   | 0.59%             | 2030-06-22      | Fixed         | 2.70%                 | No            |                  2 | On Loan: No      |
| STONEX REPO                    | STONEX REPO REPO - 02Jan26                             | CUSIP: ARP1DV785<br>LEI: 549300LNKU6K5TJCRG93 | Long             | RA               | USGA              | US        |  19744000 | PA      | $19744000.00  | 6.66%             | 2026-01-02      | Fixed         | 3.85%                 | No            |                  2 | On Loan: No      |
| BREAN REPO                     | BREAN REPO REPO - 02Jan26                              | CUSIP: ARP1DV7B8<br>LEI: 254900ZZA1UBVDCNQ378 | Long             | RA               | USGA              | US        |   3588000 | PA      | $3588000.00   | 1.21%             | 2026-01-02      | Fixed         | 3.85%                 | No            |                  2 | On Loan: No      |
| Nomura Repo                    | Nomura Repo REPO - 02Jan26                             | CUSIP: ARP1DV7E2<br>LEI: OXTKY6Q8X53C9ILVV871 | Long             | RA               | USGA              | US        |   7176000 | PA      | $7176000.00   | 2.42%             | 2026-01-02      | Fixed         | 3.81%                 | No            |                  2 | On Loan: No      |
| AGCO CORP                      | AGCO CORP COMMON STOCK USD.01                          | CUSIP: 001084102<br>LEI: LYOM0B2GCF1JWXK5ZG04 | Long             | EC               | CORP              | US        |     36040 | NS      | $3759692.80   | 1.27%             |  |  |  | No            |                  1 | On Loan: No      |
| ALPHABET INC CL C              | ALPHABET INC CL C                                      | CUSIP: 02079K107<br>LEI: 5493006MHB84DD0ZWV18 | Long             | EC               | CORP              | US        |     30614 | NS      | $9606673.20   | 3.24%             |  |  |  | No            |                  1 | On Loan: No      |
| AMAZON.COM INC                 | AMAZON.COM INC                                         | CUSIP: 023135106<br>LEI: ZXTILKJKG63JELOEG630 | Long             | EC               | CORP              | US        |     44080 | NS      | $10174545.60  | 3.43%             |  |  |  | No            |                  1 | On Loan: No      |
| APPLIED MATERIALS INC          | APPLIED MATERIALS INC                                  | CUSIP: 038222105<br>LEI: 41BNNE1AFPNAZELZ6K07 | Long             | EC               | CORP              | US        |     62646 | NS      | $16099395.54  | 5.43%             |  |  |  | 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        |     49500 | NS      | $5746455.00   | 1.94%             |  |  |  | No            |                  1 | On Loan: No      |
| BERKSHIRE HATHAWAY INC CL B    | BERKSHIRE HATHAWAY INC CL B                            | CUSIP: 084670702<br>LEI: 5493000C01ZX7D35SD85 | Long             | EC               | CORP              | US        |     35796 | NS      | $17992859.40  | 6.07%             |  |  |  | No            |                  1 | On Loan: No      |
| CIGNA GROUP                    | CIGNA CORP COMMON STOCK USD.01                         | CUSIP: 125523100<br>LEI: 549300VIWYMSIGT1U456 | Long             | EC               | CORP              | US        |     21960 | NS      | $6044050.80   | 2.04%             |  |  |  | No            |                  1 | On Loan: No      |
| CVS HEALTH CORP                | CVS HEALTH CORP COMMON STOCK USD.01                    | CUSIP: 126650100<br>LEI: 549300EJG376EN5NQE29 | Long             | EC               | CORP              | US        |    180220 | NS      | $14302259.20  | 4.82%             |  |  |  | No            |                  1 | On Loan: No      |
| COTERRA ENERGY INC             | COTERRA ENERGY INC COMMON STOCK USD.1                  | CUSIP: 127097103<br>LEI: FCNMH6O7VWU7LHXMK351 | Long             | EC               | CORP              | US        |    363660 | NS      | $9571531.20   | 3.23%             |  |  |  | No            |                  1 | On Loan: No      |
| CAPITAL ONE FINANCIAL CORP     | CAPITAL ONE FINANCIAL CORP                             | CUSIP: 14040H105<br>LEI: ZUE8T73ROZOF6FLBAR73 | Long             | EC               | CORP              | US        |     83109 | NS      | $20142297.24  | 6.79%             |  |  |  | No            |                  1 | On Loan: No      |
| META PLATFORMS INC CLASS A     | META PLATFORMS INC CLASS A                             | CUSIP: 30303M102<br>LEI: BQ4BKCS1HXDV9HN80Z93 | Long             | EC               | CORP              | US        |      6559 | NS      | $4329530.31   | 1.46%             |  |  |  | No            |                  1 | On Loan: No      |
| DANSKE BANK A/S                | DANSKE BANK A/S                                        | CUSIP: 458882909<br>LEI: MAES062Z21O4RZ2U7M96 | Long             | EC               | CORP              | DK        |    102710 | NS      | $5128955.53   | 1.73%             |  |  |  | No            |                  2 | On Loan: No      |
| JPMORGAN CHASE + CO            | JPMORGAN CHASE + CO                                    | CUSIP: 46625H100<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | EC               | CORP              | US        |     13744 | NS      | $4428591.68   | 1.49%             |  |  |  | No            |                  1 | On Loan: No      |
| QUEST DIAGNOSTICS INC          | QUEST DIAGNOSTICS INC COMMON STOCK USD.01              | CUSIP: 74834L100<br>LEI: 8MCWUBXQ0WE04KMXBX50 | Long             | EC               | CORP              | US        |     74140 | NS      | $12865514.20  | 4.34%             |  |  |  | No            |                  1 | On Loan: No      |
| SOLVENTUM CORP                 | SOLVENTUM CORP COMMON STOCK                            | CUSIP: 83444M101<br>LEI: 254900I70403OSGY4M28 | Long             | EC               | CORP              | US        |    113020 | NS      | $8955704.80   | 3.02%             |  |  |  | No            |                  1 | On Loan: No      |
| TEXAS INSTRUMENTS INC          | TEXAS INSTRUMENTS INC COMMON STOCK USD1.0              | CUSIP: 882508104<br>LEI: WDJNR2L6D8RWOEB8T652 | Long             | EC               | CORP              | US        |     26473 | NS      | $4592800.77   | 1.55%             |  |  |  | No            |                  1 | On Loan: No      |
| TOURMALINE OIL CORP            | TOURMALINE OIL CORP COMMON STOCK                       | CUSIP: 89156V957<br>LEI: 894500I7AXG91VB3PM28 | Long             | EC               | CORP              | CA        |     98280 | NS      | $4408655.13   | 1.49%             |  |  |  | No            |                  1 | On Loan: No      |
| US BANCORP                     | US BANCORP                                             | CUSIP: 902973304<br>LEI: N1GZ7BBF3NP8GI976H15 | Long             | EC               | CORP              | US        |     32635 | NS      | $1741403.60   | 0.59%             |  |  |  | No            |                  1 | On Loan: No      |
| UNITEDHEALTH GROUP INC         | UNITEDHEALTH GROUP INC COMMON STOCK USD.01             | CUSIP: 91324P102<br>LEI: 549300GHBMY8T5GXDE41 | Long             | EC               | CORP              | US        |      6960 | NS      | $2297565.60   | 0.77%             |  |  |  | No            |                  1 | On Loan: No      |
| VALE SA SP ADR                 | VALE SA SP ADR ADR                                     | CUSIP: 91912E105<br>LEI: 254900SMTWBX7RU2SR20 | Long             | EC               | CORP              | BR        |    296950 | NS      | $3869258.50   | 1.30%             |  |  |  | No            |                  1 | On Loan: No      |
| VIATRIS INC                    | VIATRIS INC COMMON STOCK                               | CUSIP: 92556V106<br>LEI: 254900ZZTSW7NL773X71 | Long             | EC               | CORP              | US        |   1104050 | NS      | $13745422.50  | 4.63%             |  |  |  | No            |                  1 | On Loan: No      |
| WELLS FARGO + CO               | WELLS FARGO + CO                                       | CUSIP: 949746101<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | EC               | CORP              | US        |     53478 | NS      | $4984149.60   | 1.68%             |  |  |  | No            |                  1 | On Loan: No      |
| AUMOVIO SE                     | AUMOVIO SE COMMON STOCK                                | CUSIP: ACI30B2B8<br>LEI: 391200IGI9RQ7VTOK384 | Long             | EC               | CORP              | DE        |     83600 | NS      | $4197730.20   | 1.41%             |  |  |  | No            |                  2 | On Loan: No      |
| JULIUS BAER GROUP LTD          | JULIUS BAER GROUP LTD                                  | CUSIP: B4R2R5908<br>LEI: 5299007MF0604ZGJER92 | Long             | EC               | CORP              | CH        |     73930 | NS      | $5776207.93   | 1.95%             |  |  |  | No            |                  2 | On Loan: No      |
| AIA GROUP LTD                  | AIA GROUP LTD COMMON STOCK                             | CUSIP: B4TX8S909<br>LEI: ZP5ILWVSYE4LJGMMVD57 | Long             | EC               | CORP              | HK        |    284360 | NS      | $2926944.08   | 0.99%             |  |  |  | No            |                  2 | On Loan: No      |
| JOHNSON CONTROLS INTERNATION   | JOHNSON CONTROLS INTERNATION                           | CUSIP: G51502105<br>LEI: 549300XQ6S1GYKGBL205 | Long             | EC               | CORP              | IE        |     25567 | NS      | $3061648.25   | 1.03%             |  |  |  | No            |                  1 | On Loan: No      |
| CHUBB LTD                      | CHUBB LTD                                              | CUSIP: H1467J104<br>LEI: E0JAN6VLUDI1HITHT809 | Long             | EC               | CORP              | CH        |     22955 | NS      | $7164714.60   | 2.42%             |  |  |  | No            |                  1 | On Loan: No      |
| JBS NV A                       | JBS NV A COMMON STOCK EUR.01                           | CUSIP: N4732M103<br>LEI: 254900JSFON4WL81TW77 | Long             | EC               | CORP              | NL        |    212030 | NS      | $3057472.60   | 1.03%             |  |  |  | No            |                  1 | On Loan: No      |
| 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        |    815000 | PA      | $817293.41    | 0.28%             | 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        |   1611109 | PA      | $1532349.83   | 0.52%             | 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        |   1237666 | PA      | $1211275.73   | 0.41%             | 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        |    866366 | PA      | $824411.65    | 0.28%             | 2062-02-25      | Variable      | 1.75%                 | 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        |    589797 | PA      | $611504.97    | 0.21%             | 2044-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| FANNIE MAE                     | FANNIE MAE FNR 2024 90 B                               | CUSIP: 3136BTYR8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGA              | US        |   1442799 | PA      | $1446607.65   | 0.49%             | 2051-07-25      | 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        |    212253 | PA      | $205989.90    | 0.07%             | 2040-10-25      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| FREDDIE MAC                    | FREDDIE MAC FHR 5386 EA                                | CUSIP: 3137HBXM1<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGA              | US        |   1482038 | PA      | $1484702.14   | 0.50%             | 2050-06-25      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| FREDDIE MAC                    | FEDERAL HOME LN MTG CORP 06/55 5.75                    | CUSIP: 3137HLLY6<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGA              | US        |   4136111 | PA      | $4164724.99   | 1.40%             | 2055-06-25      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| FNMA POOL AL8809               | FNMA POOL AL8809                                       | CUSIP: 3138ETYF7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGA              | US        |    404798 | PA      | $411075.10    | 0.14%             | 2033-10-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| FNMA POOL BM7225               | FNMA POOL BM7225 FN 05/53 FLOATING VAR                 | CUSIP: 3140JCA38<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGA              | US        |   1631420 | PA      | $1657163.38   | 0.56%             | 2053-05-01      | Variable      | 5.40%                 | No            |                  2 | On Loan: No      |
| GNMA II POOL 786935            | GNMA II POOL 786935 G2 08/73 VARIABLE                  | CUSIP: 3622ACSY7<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   1469319 | PA      | $1442419.52   | 0.49%             | 2073-08-20      | Variable      | 4.78%                 | No            |                  2 | On Loan: No      |
| GNMA II POOL 787068            | GNMA II POOL 787068                                    | CUSIP: 3622ACW55<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    922431 | PA      | $885739.41    | 0.30%             | 2073-09-20      | Variable      | 3.81%                 | 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      | $3504484.80   | 1.18%             | 2027-03-09      | Variable      | 4.66%                 | 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        |   1080748 | PA      | $1096259.81   | 0.37%             | 2070-09-20      | Variable      | 5.36%                 | 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        |    507971 | PA      | $533637.22    | 0.18%             | 2062-12-20      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| GOVERNMENT NATIONAL MORTGAGE A | GOVERNMENT NATIONAL MORTGAGE A GNR 2023 111 GA         | CUSIP: 38384CJB6<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    567600 | PA      | $568066.15    | 0.19%             | 2037-07-20      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| GOVERNMENT NATIONAL MORTGAGE A | GOVERNMENT NATIONAL MORTGAGE A GNR 2023 147 DV         | CUSIP: 38384DSZ1<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   1695316 | PA      | $1706256.38   | 0.58%             | 2034-08-20      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| GOVERNMENT NATIONAL MORTGAGE   | GOVERNMENT NATIONAL MORTGAGE GNR 2023 136 EA           | CUSIP: 38384EW27<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    431723 | PA      | $435737.94    | 0.15%             | 2059-10-20      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2026-01-29

**Name of Applicant:** DAVIS SERIES INC

**Signature:** Doug A. Haines

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

**Title:** Treasurer