# EDGAR Filing Document

**Accession Number:** 0001084060
**File Stem:** 0001145549-23-009690
**Filing Date:** 2023-2
**Character Count:** 17596
**Document Hash:** ef5f6fc2222a0431435274956d7fd41a
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001145549-23-009690.hdr.sgml**: 20230224

**ACCESSION NUMBER**: 0001145549-23-009690

**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 VARIABLE ACCOUNT FUND INC
- **CENTRAL INDEX KEY:** 0001084060
- **IRS NUMBER:** 850460478
- **STATE OF INCORPORATION:** MD
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-09293
- **FILM NUMBER:** 23664801

**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

## Series and Classes Contracts Data

### Davis Real Estate Portfolio (Series ID: S000003453)

| Class ID   | Class Name                  | Ticker Symbol   |
|:---|:---|:---|
| C000009559 | Davis Real Estate Portfolio | QDRPAX          |

## 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 VARIABLE ACCOUNT FUND INC

- **b. Investment Company Act file number:** 811-09293

- **c. CIK number of Registrant:** 0001084060

- **d. LEI of Registrant:** 254900JDRQYIL8CB7K16

- **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 Real Estate Portfolio

- **b. EDGAR series identifier (if any):** S000003453

- **c. LEI of Series:** 254900CGRUGRTFVWI291

**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:** $10049391.66

**Total Liabilities:** $41029.04

**Net Assets:** $10008362.62

**Cash Not Reported:** $583.55

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000009559 | 2.73%                | 5.61%                | -5.07%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-108060.11              | $374658.90                                 |
| Month 2  | $-129309.20              | $694579.07                                 |
| Month 3  | $117040.37               | $-585884.82                                |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| TRUIST REPO                  | TRUIST REPO REPO - 03Jan23                  | CUSIP: ARP0VCU83<br>LEI: N/A                  | Long             | RA               | USGA              | US        |     78000 | PA      | $78000.00     | 0.78%             | 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        |     89000 | PA      | $89000.00     | 0.89%             | 2023-01-03      | Fixed         | 4.30%                 | No            |                  2 | On Loan: No      |
| ALEXANDRIA REAL ESTATE EQUIT | ALEXANDRIA REAL ESTATE EQUIT                | CUSIP: 015271109<br>LEI: MGCJBT4MKTQBVLNUIS88 | Long             | RE               | CORP              | US        |      2860 | NS      | $416616.20    | 4.16%             |  |  |  | No            |                  1 | On Loan: No      |
| DERWENT LONDON PLC           | DERWENT LONDON PLC REIT GBP.05              | CUSIP: 026527903<br>LEI: 213800BXKQ9KZNUR1M61 | Long             | RE               | CORP              | GB        |      2310 | NS      | $66130.54     | 0.66%             |  |  |  | No            |                  1 | On Loan: No      |
| AMERICAN HOMES 4 RENT  A     | AMERICAN HOMES 4 RENT  A REIT USD.01        | CUSIP: 02665T306<br>LEI: 549300ZJUO7A58PNUW40 | Long             | RE               | CORP              | US        |      7140 | NS      | $215199.60    | 2.15%             |  |  |  | No            |                  1 | On Loan: No      |
| AMERICAN TOWER CORP          | AMERICAN TOWER CORP REIT USD.01             | CUSIP: 03027X100<br>LEI: 5493006ORUSIL88JOE18 | Long             | RE               | CORP              | US        |      1810 | NS      | $383466.60    | 3.83%             |  |  |  | No            |                  1 | On Loan: No      |
| AMERICOLD REALTY TRUST INC   | AMERICOLD REALTY TRUST REIT USD.01          | CUSIP: 03064D108<br>LEI: 549300R7N1V5YV8MWH02 | Long             | RE               | CORP              | US        |      2330 | NS      | $65962.30     | 0.66%             |  |  |  | No            |                  1 | On Loan: No      |
| AVALONBAY COMMUNITIES INC    | AVALONBAY COMMUNITIES INC                   | CUSIP: 053484101<br>LEI: K9G90K85RBWD2LAGQX17 | Long             | RE               | CORP              | US        |      2330 | NS      | $376341.60    | 3.76%             |  |  |  | No            |                  1 | On Loan: No      |
| BOSTON PROPERTIES INC        | BOSTON PROPERTIES INC                       | CUSIP: 101121101<br>LEI: 549300OF70FSEUQBT254 | Long             | RE               | CORP              | US        |      1450 | NS      | $97991.00     | 0.98%             |  |  |  | No            |                  1 | On Loan: No      |
| BRIXMOR PROPERTY GROUP INC   | BRIXMOR PROPERTY GROUP INC                  | CUSIP: 11120U105<br>LEI: 5299007UXW6Y0W2EGZ95 | Long             | RE               | CORP              | US        |     17400 | NS      | $394458.00    | 3.94%             |  |  |  | No            |                  1 | On Loan: No      |
| CAMDEN PROPERTY TRUST        | CAMDEN PROPERTY TRUST                       | CUSIP: 133131102<br>LEI: 5493002MYX22OHYJBD89 | Long             | RE               | CORP              | US        |      1970 | NS      | $220403.60    | 2.20%             |  |  |  | No            |                  1 | On Loan: No      |
| COUSINS PROPERTIES INC       | COUSINS PROPERTIES INC REIT USD1.0          | CUSIP: 222795502<br>LEI: 5493007XPYD5EJABN062 | Long             | RE               | CORP              | US        |     11375 | NS      | $287673.75    | 2.87%             |  |  |  | No            |                  1 | On Loan: No      |
| CROWN CASTLE INC             | CROWN CASTLE INTL CORP REIT USD.01          | CUSIP: 22822V101<br>LEI: 54930012H97VSM0I2R19 | Long             | RE               | CORP              | US        |      2270 | NS      | $307902.80    | 3.08%             |  |  |  | No            |                  1 | On Loan: No      |
| CUBESMART                    | CUBESMART REIT USD.01                       | CUSIP: 229663109<br>LEI: N/A                  | Long             | RE               | CORP              | US        |      3510 | NS      | $141277.50    | 1.41%             |  |  |  | No            |                  1 | On Loan: No      |
| DIGITAL REALTY TRUST INC     | DIGITAL REALTY TRUST INC                    | CUSIP: 253868103<br>LEI: 549300HKCZ31D08NEI41 | Long             | RE               | CORP              | US        |      2860 | NS      | $286772.20    | 2.87%             |  |  |  | No            |                  1 | On Loan: No      |
| DOUGLAS EMMETT INC           | DOUGLAS EMMETT INC REIT USD.01              | CUSIP: 25960P109<br>LEI: N/A                  | Long             | RE               | CORP              | US        |     12230 | NS      | $191766.40    | 1.92%             |  |  |  | No            |                  1 | On Loan: No      |
| EQUINIX INC                  | EQUINIX INC                                 | CUSIP: 29444U700<br>LEI: 549300EVUN2BTLJ3GT74 | Long             | RE               | CORP              | US        |       708 | NS      | $463761.24    | 4.63%             |  |  |  | No            |                  1 | On Loan: No      |
| EQUITY RESIDENTIAL           | EQUITY RESIDENTIAL                          | CUSIP: 29476L107<br>LEI: 5493008RACSH5EP3PI59 | Long             | RE               | CORP              | US        |      3630 | NS      | $214170.00    | 2.14%             |  |  |  | No            |                  1 | On Loan: No      |
| ESSEX PROPERTY TRUST INC     | ESSEX PROPERTY TRUST INC                    | CUSIP: 297178105<br>LEI: 549300TR2H2VEFX0NC60 | Long             | RE               | CORP              | US        |      1650 | NS      | $349668.00    | 3.49%             |  |  |  | No            |                  1 | On Loan: No      |
| EXTRA SPACE STORAGE INC      | EXTRA SPACE STORAGE INC                     | CUSIP: 30225T102<br>LEI: N/A                  | Long             | RE               | CORP              | US        |      1390 | NS      | $204580.20    | 2.04%             |  |  |  | No            |                  1 | On Loan: No      |
| FEDERAL REALTY INVS TRUST    | FEDERAL REALTY INVS TRUST REIT USD.01       | CUSIP: 313745101<br>LEI: 549300LI6XZ51GOCJ427 | Long             | RE               | CORP              | US        |      1410 | NS      | $142466.40    | 1.42%             |  |  |  | No            |                  1 | On Loan: No      |
| HEALTHPEAK PROPERTIES INC    | HEALTHPEAK PROPERTIES INC                   | CUSIP: 42250P103<br>LEI: PZ9HF5U52KPF0MH0QN75 | Long             | RE               | CORP              | US        |      4490 | NS      | $112564.30    | 1.12%             |  |  |  | No            |                  1 | On Loan: No      |
| HIGHWOODS PROPERTIES INC     | HIGHWOODS PROPERTIES INC REIT USD.01        | CUSIP: 431284108<br>LEI: ZIIGTYKL9T0X3HLTDX53 | Long             | RE               | CORP              | US        |      3750 | NS      | $104925.00    | 1.05%             |  |  |  | No            |                  1 | On Loan: No      |
| HOST HOTELS + RESORTS INC    | HOST HOTELS + RESORTS INC                   | CUSIP: 44107P104<br>LEI: N6EL63S0K3PB1YFTDI24 | Long             | RE               | CORP              | US        |     10460 | NS      | $167883.00    | 1.68%             |  |  |  | No            |                  1 | On Loan: No      |
| HUDSON PACIFIC PROPERTIES IN | HUDSON PACIFIC PROPERTIES IN                | CUSIP: 444097109<br>LEI: N/A                  | Long             | RE               | CORP              | US        |     12350 | NS      | $120165.50    | 1.20%             |  |  |  | No            |                  1 | On Loan: No      |
| INNOVATIVE INDUSTRIAL PROPER | INNOVATIVE INDUSTRIAL PROPER REIT USD.001   | CUSIP: 45781V101<br>LEI: 5493008BQ0545EZXRR30 | Long             | RE               | CORP              | US        |      1200 | NS      | $121620.00    | 1.22%             |  |  |  | No            |                  1 | On Loan: No      |
| LIFE STORAGE INC             | LIFE STORAGE INC                            | CUSIP: 53223X107<br>LEI: W9EE01AFDDF9DQCQZC68 | Long             | RE               | CORP              | US        |      1590 | NS      | $156615.00    | 1.56%             |  |  |  | No            |                  1 | On Loan: No      |
| NETSTREIT CORP               | NETSTREIT CORP REIT USD.01                  | CUSIP: 64119V303<br>LEI: 254900CJL0EDMEQ25Q84 | Long             | RE               | CORP              | US        |      7040 | NS      | $129043.20    | 1.29%             |  |  |  | No            |                  1 | On Loan: No      |
| PROLOGIS INC                 | PROLOGIS INC                                | CUSIP: 74340W103<br>LEI: 529900DFH19P073LZ636 | Long             | RE               | CORP              | US        |      6427 | NS      | $724515.71    | 7.24%             |  |  |  | No            |                  1 | On Loan: No      |
| PUBLIC STORAGE               | PUBLIC STORAGE                              | CUSIP: 74460D109<br>LEI: 549300LMZF40TKJ6DM64 | Long             | RE               | CORP              | US        |      1700 | NS      | $476323.00    | 4.76%             |  |  |  | No            |                  1 | On Loan: No      |
| RADIUS GLOBAL INFRASTRUCTU A | RADIUS GLOBAL INFRASTRUCTU A COMMON STOCK   | CUSIP: 750481103<br>LEI: 213800NT341MQ5USBX63 | Long             | EC               | CORP              | US        |     11630 | NS      | $137466.60    | 1.37%             |  |  |  | No            |                  1 | On Loan: No      |
| RETAIL OPPORTUNITY INVESTMEN | RETAIL OPPORTUNITY INVESTMEN                | CUSIP: 76131N101<br>LEI: N/A                  | Long             | RE               | CORP              | US        |     14005 | NS      | $210495.15    | 2.10%             |  |  |  | No            |                  1 | On Loan: No      |
| REXFORD INDUSTRIAL REALTY IN | REXFORD INDUSTRIAL REALTY IN                | CUSIP: 76169C100<br>LEI: 549300MSLO0DF0EMX355 | Long             | RE               | CORP              | US        |      6690 | NS      | $365541.60    | 3.65%             |  |  |  | No            |                  1 | On Loan: No      |
| SIMON PROPERTY GROUP INC     | SIMON PROPERTY GROUP INC                    | CUSIP: 828806109<br>LEI: 529900GQL5X8H7AO3T64 | Long             | RE               | CORP              | US        |      3590 | NS      | $421753.20    | 4.21%             |  |  |  | No            |                  1 | On Loan: No      |
| STORE CAPITAL CORP           | STORE CAPITAL CORP REIT USD.01              | CUSIP: 862121100<br>LEI: 5493004EA6C9IHDZ7N66 | Long             | RE               | CORP              | US        |      4520 | NS      | $144911.20    | 1.45%             |  |  |  | No            |                  1 | On Loan: No      |
| SUN COMMUNITIES INC          | SUN COMMUNITIES INC REIT USD.01             | CUSIP: 866674104<br>LEI: 549300H5GEOJYN41ZG57 | Long             | RE               | CORP              | US        |       850 | NS      | $121550.00    | 1.21%             |  |  |  | No            |                  1 | On Loan: No      |
| SUNSTONE HOTEL INVESTORS INC | SUNSTONE HOTEL INVESTORS INC REIT USD.01    | CUSIP: 867892101<br>LEI: 529900ZQ2V52V96ATF67 | Long             | RE               | CORP              | US        |     21930 | NS      | $211843.80    | 2.12%             |  |  |  | No            |                  1 | On Loan: No      |
| TERRENO REALTY CORP          | TERRENO REALTY CORP                         | CUSIP: 88146M101<br>LEI: N/A                  | Long             | RE               | CORP              | US        |      5610 | NS      | $319040.70    | 3.19%             |  |  |  | No            |                  1 | On Loan: No      |
| UDR INC                      | UDR INC REIT USD.01                         | CUSIP: 902653104<br>LEI: P3CH2EG5X6Z1XWU1OO74 | Long             | RE               | CORP              | US        |      5950 | NS      | $230443.50    | 2.30%             |  |  |  | No            |                  1 | On Loan: No      |
| VENTAS INC                   | VENTAS INC REIT USD.25                      | CUSIP: 92276F100<br>LEI: ORQTRC074CWLT3DKHT41 | Long             | RE               | CORP              | US        |      6420 | NS      | $289221.00    | 2.89%             |  |  |  | No            |                  1 | On Loan: No      |
| VICI PROPERTIES INC          | VICI PROPERTIES INC REIT USD.01             | CUSIP: 925652109<br>LEI: 254900RKH6RY9KCJQH63 | Long             | RE               | CORP              | US        |      4120 | NS      | $133488.00    | 1.33%             |  |  |  | No            |                  1 | On Loan: No      |
| WELLTOWER INC                | WELLTOWER INC                               | CUSIP: 95040Q104<br>LEI: T6IZ0MBEG5ACZDTR7D06 | Long             | RE               | CORP              | US        |      3820 | NS      | $250401.00    | 2.50%             |  |  |  | No            |                  1 | On Loan: No      |
| GREAT PORTLAND ESTATES PLC   | GREAT PORTLAND ESTATES PLC REIT GBP.1526316 | CUSIP: BF5H9P900<br>LEI: 213800JMEDD2Q4N1MC42 | Long             | RE               | CORP              | GB        |      9980 | NS      | $59723.34     | 0.60%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

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

**Name of Applicant:** DAVIS VARIABLE ACCOUNT FUND INC

**Signature:** Doug A. Haines

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

**Title:** Treasurer