# EDGAR Filing Document

**Accession Number:** 0001670310
**File Stem:** 0001193125-25-333417
**Filing Date:** 2025-12
**Character Count:** 12835
**Document Hash:** 589496fa91a6b1236a4ff3c85352b7fd
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001193125-25-333417.hdr.sgml**: 20251229

**ACCESSION NUMBER**: 0001193125-25-333417

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20251031

**FILED AS OF DATE**: 20251229

**DATE AS OF CHANGE**: 20251229

**PERIOD START**: 20251031

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Davis Fundamental ETF Trust
- **CENTRAL INDEX KEY:** 0001670310

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1031

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-23181
- **FILM NUMBER:** 251605441

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

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

## Series and Classes Contracts Data

### Davis Select U.S. Equity ETF (Series ID: S000055342)

| Class ID   | Class Name                   | Ticker Symbol   |
|:---|:---|:---|
| C000174138 | Davis Select U.S. Equity ETF | DUSA            |

## 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 Fundamental ETF Trust

- **b. Investment Company Act file number:** 811-23181

- **c. CIK number of Registrant:** 0001670310

- **d. LEI of Registrant:** 254900TFED1P6S2E2805

- **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 Select U.S. Equity ETF

- **b. EDGAR series identifier (if any):** S000055342

- **c. LEI of Series:** 549300639SXQ1CHOOI31

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

- **a. Date of fiscal year-end:** 2025-10-31

- **b. Date as of which information is reported:** 2025-10-31

**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:** $856746200.83

**Total Liabilities:** $488354.27

**Net Assets:** $856257846.56

**Cash Not Reported:** $808.52

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000174138 | 4.44%                | -0.48%               | 0.27%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-161952.01              | $32845496.73                               |
| Month 2  | $-3353124.58             | $-1578803.92                               |
| Month 3  | $-1456415.81             | $3033874.03                                |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| BANK OF NEW YORK MELLON CORP | BANK OF NEW YORK MELLON CORP                  | CUSIP: 064058100<br>LEI: WFLLPEPC7FZXENRZV188 | Long             | EC               | CORP              | US        |    181586 | NS      | $19598576.98  | 2.29%             |  |  |  | No            |                  1 | On Loan: No      |
| BERKSHIRE HATHAWAY INC CL B  | BERKSHIRE HATHAWAY INC CL B                   | CUSIP: 084670702<br>LEI: 5493000C01ZX7D35SD85 | Long             | EC               | CORP              | US        |     87725 | NS      | $41892196.50  | 4.89%             |  |  |  | No            |                  1 | On Loan: No      |
| CIGNA GROUP                  | CIGNA CORP COMMON STOCK USD.01                | CUSIP: 125523100<br>LEI: 549300VIWYMSIGT1U456 | Long             | EC               | CORP              | US        |     59214 | NS      | $14472493.74  | 1.69%             |  |  |  | No            |                  1 | On Loan: No      |
| CVS HEALTH CORP              | CVS HEALTH CORP COMMON STOCK USD.01           | CUSIP: 126650100<br>LEI: 549300EJG376EN5NQE29 | Long             | EC               | CORP              | US        |    557992 | NS      | $43607074.80  | 5.09%             |  |  |  | No            |                  1 | On Loan: No      |
| COTERRA ENERGY INC           | COTERRA ENERGY INC COMMON STOCK USD.1         | CUSIP: 127097103<br>LEI: FCNMH6O7VWU7LHXMK351 | Long             | EC               | CORP              | US        |   1672848 | NS      | $39579583.68  | 4.62%             |  |  |  | No            |                  1 | On Loan: No      |
| CAPITAL ONE FINANCIAL CORP   | CAPITAL ONE FINANCIAL CORP                    | CUSIP: 14040H105<br>LEI: ZUE8T73ROZOF6FLBAR73 | Long             | EC               | CORP              | US        |    373665 | NS      | $82202563.35  | 9.60%             |  |  |  | No            |                  1 | On Loan: No      |
| CONOCOPHILLIPS               | CONOCOPHILLIPS COMMON STOCK USD.01            | CUSIP: 20825C104<br>LEI: WPTL2Z3FIYTHSP5V2253 | Long             | EC               | CORP              | US        |    136293 | NS      | $12110995.98  | 1.41%             |  |  |  | No            |                  1 | On Loan: No      |
| META PLATFORMS INC CLASS A   | META PLATFORMS INC CLASS A                    | CUSIP: 30303M102<br>LEI: BQ4BKCS1HXDV9HN80Z93 | Long             | EC               | CORP              | US        |     94790 | NS      | $61457096.50  | 7.18%             |  |  |  | No            |                  1 | On Loan: No      |
| MGM RESORTS INTERNATIONAL    | MGM RESORTS INTERNATIONAL COMMON STOCK USD.01 | CUSIP: 552953101<br>LEI: 54930066VBP7DZEGGJ87 | Long             | EC               | CORP              | US        |   1352796 | NS      | $43330055.88  | 5.06%             |  |  |  | No            |                  1 | On Loan: No      |
| MARKEL GROUP INC             | MARKEL CORP                                   | CUSIP: 570535104<br>LEI: 549300SCNO12JLWIK605 | Long             | EC               | CORP              | US        |     19381 | NS      | $38268365.93  | 4.47%             |  |  |  | No            |                  1 | On Loan: No      |
| OWENS CORNING                | OWENS CORNING COMMON STOCK USD.001            | CUSIP: 690742101<br>LEI: JO5M6676RDJIZ2U8X907 | Long             | EC               | CORP              | US        |    106939 | NS      | $13614404.09  | 1.59%             |  |  |  | No            |                  1 | On Loan: No      |
| PINTEREST INC  CLASS A       | PINTEREST INC  CLASS A COMMON STOCK USD.00001 | CUSIP: 72352L106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    460590 | NS      | $15245529.00  | 1.78%             |  |  |  | No            |                  1 | On Loan: No      |
| RESTAURANT BRANDS INTERN     | RESTAURANT BRANDS INTERN COMMON STOCK         | CUSIP: 76131D103<br>LEI: 5299009RXTX9DN9AKJ98 | Long             | EC               | CORP              | CA        |    255050 | NS      | $16754234.50  | 1.96%             |  |  |  | No            |                  1 | On Loan: No      |
| SOLVENTUM CORP               | SOLVENTUM CORP COMMON STOCK                   | CUSIP: 83444M101<br>LEI: 254900I70403OSGY4M28 | Long             | EC               | CORP              | US        |    239951 | NS      | $16566217.04  | 1.93%             |  |  |  | No            |                  1 | On Loan: No      |
| TECK RESOURCES LTD CLS B     | TECK RESOURCES LTD CLS B COMMON STOCK         | CUSIP: 878742204<br>LEI: T8KI5SQ2JRWHL7XY0E11 | Long             | EC               | CORP              | CA        |    202305 | NS      | $8682930.60   | 1.01%             |  |  |  | No            |                  1 | On Loan: No      |
| TEXAS INSTRUMENTS INC        | TEXAS INSTRUMENTS INC                         | CUSIP: 882508104<br>LEI: WDJNR2L6D8RWOEB8T652 | Long             | EC               | CORP              | US        |     34175 | NS      | $5517895.50   | 0.64%             |  |  |  | No            |                  1 | On Loan: No      |
| TOURMALINE OIL CORP          | TOURMALINE OIL CORP COMMON STOCK              | CUSIP: 89156V957<br>LEI: 894500I7AXG91VB3PM28 | Long             | EC               | CORP              | CA        |    310783 | NS      | $13669532.83  | 1.60%             |  |  |  | No            |                  1 | On Loan: No      |
| TYSON FOODS INC CL A         | TYSON FOODS INC CL A COMMON STOCK USD.1       | CUSIP: 902494103<br>LEI: WD6L6041MNRW1JE49D58 | Long             | EC               | CORP              | US        |    683366 | NS      | $35131846.06  | 4.10%             |  |  |  | No            |                  1 | On Loan: No      |
| US BANCORP                   | US BANCORP                                    | CUSIP: 902973304<br>LEI: N1GZ7BBF3NP8GI976H15 | Long             | EC               | CORP              | US        |   1041316 | NS      | $48608630.88  | 5.68%             |  |  |  | No            |                  1 | On Loan: No      |
| UNITEDHEALTH GROUP INC       | UNITEDHEALTH GROUP INC COMMON STOCK USD.01    | CUSIP: 91324P102<br>LEI: 549300GHBMY8T5GXDE41 | Long             | EC               | CORP              | US        |     51170 | NS      | $17477625.20  | 2.04%             |  |  |  | No            |                  1 | On Loan: No      |
| VIATRIS INC                  | VIATRIS INC COMMON STOCK                      | CUSIP: 92556V106<br>LEI: 254900ZZTSW7NL773X71 | Long             | EC               | CORP              | US        |   2525131 | NS      | $26160357.16  | 3.06%             |  |  |  | No            |                  1 | On Loan: No      |
| WELLS FARGO + CO             | WELLS FARGO + CO                              | CUSIP: 949746101<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | EC               | CORP              | US        |    360002 | NS      | $31309373.94  | 3.66%             |  |  |  | No            |                  1 | On Loan: No      |
| Nomura Repo                  | Nomura Repo REPO - 03Nov25                    | CUSIP: ARP1C8SK7<br>LEI: OXTKY6Q8X53C9ILVV871 | Long             | RA               | USGA              | US        |  15032000 | PA      | $15032000.00  | 1.76%             | 2025-11-03      | Fixed         | 4.15%                 | No            |                  2 | On Loan: No      |
| STONEX REPO                  | STONEX REPO REPO - 03Nov25                    | CUSIP: ARP1C8SL5<br>LEI: 549300LNKU6K5TJCRG93 | Long             | RA               | USGA              | US        |  40837000 | PA      | $40837000.00  | 4.77%             | 2025-11-03      | Fixed         | 4.18%                 | No            |                  2 | On Loan: No      |
| AGCO CORP                    | AGCO CORP COMMON STOCK USD.01                 | CUSIP: 001084102<br>LEI: LYOM0B2GCF1JWXK5ZG04 | Long             | EC               | CORP              | US        |     67898 | NS      | $7004357.68   | 0.82%             |  |  |  | No            |                  1 | On Loan: No      |
| ALPHABET INC CL C            | ALPHABET INC CL C                             | CUSIP: 02079K107<br>LEI: 5493006MHB84DD0ZWV18 | Long             | EC               | CORP              | US        |    162168 | NS      | $45702185.76  | 5.34%             |  |  |  | No            |                  1 | On Loan: No      |
| AMAZON.COM INC               | AMAZON.COM INC                                | CUSIP: 023135106<br>LEI: ZXTILKJKG63JELOEG630 | Long             | EC               | CORP              | US        |    184655 | NS      | $45096444.10  | 5.27%             |  |  |  | No            |                  1 | On Loan: No      |
| APPLIED MATERIALS INC        | APPLIED MATERIALS INC                         | CUSIP: 038222105<br>LEI: 41BNNE1AFPNAZELZ6K07 | Long             | EC               | CORP              | US        |    245304 | NS      | $57180362.40  | 6.68%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2025-11-24

**Name of Applicant:** Davis Fundamental ETF Trust

**Signature:** Doug A. Haines

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

**Title:** Treasurer