# EDGAR Filing Document

**Accession Number:** 0001084060
**File Stem:** 0001145549-25-054249
**Filing Date:** 2025-8
**Character Count:** 15690
**Document Hash:** 71cdb9c0d429c68017bf6470d0da7ffe
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001145549-25-054249.hdr.sgml**: 20250827

**ACCESSION NUMBER**: 0001145549-25-054249

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20250630

**FILED AS OF DATE**: 20250827

**DATE AS OF CHANGE**: 20250827

**PERIOD START**: 20251231

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** DAVIS VARIABLE ACCOUNT FUND INC
- **CENTRAL INDEX KEY:** 0001084060

**ORGANIZATION NAME:**
- **EIN:** 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:** 251261094

**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:** 2025-12-31

- **b. Date as of which information is reported:** 2025-06-30

**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:** $7850638.77

**Total Liabilities:** $19443.63

**Net Assets:** $7831195.14

**Cash Not Reported:** $3.97

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000009559 | -4.45%               | 1.16%                | 0.87%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $70414.65                | $-447645.16                                |
| Month 2  | $-18280.33               | $98609.81                                  |
| Month 3  | $10838.59                | $9234.32                                   |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| REGENCY CENTERS CORP         | REGENCY CENTERS CORP REIT USD.01            | CUSIP: 758849103<br>LEI: 529900053A7X7FJ97S58 | Long             | RE               | CORP              | US        |      2830 | NS      | $201580.90    | 2.57%             |  |  |  | No            |                  1 | On Loan: No      |
| REXFORD INDUSTRIAL REALTY IN | REXFORD INDUSTRIAL REALTY IN                | CUSIP: 76169C100<br>LEI: 549300MSLO0DF0EMX355 | Long             | RE               | CORP              | US        |      8610 | NS      | $306257.70    | 3.91%             |  |  |  | No            |                  1 | On Loan: No      |
| SIMON PROPERTY GROUP INC     | SIMON PROPERTY GROUP INC                    | CUSIP: 828806109<br>LEI: 529900GQL5X8H7AO3T64 | Long             | RE               | CORP              | US        |      1470 | NS      | $236317.20    | 3.02%             |  |  |  | No            |                  1 | On Loan: No      |
| SUN COMMUNITIES INC          | SUN COMMUNITIES INC REIT USD.01             | CUSIP: 866674104<br>LEI: 549300H5GEOJYN41ZG57 | Long             | RE               | CORP              | US        |       910 | NS      | $115105.90    | 1.47%             |  |  |  | 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        |     29240 | NS      | $253803.20    | 3.24%             |  |  |  | No            |                  1 | On Loan: No      |
| TERRENO REALTY CORP          | TERRENO REALTY CORP                         | CUSIP: 88146M101<br>LEI: N/A                  | Long             | RE               | CORP              | US        |      2280 | NS      | $127839.60    | 1.63%             |  |  |  | No            |                  1 | On Loan: No      |
| UDR INC                      | UDR INC REIT USD.01                         | CUSIP: 902653104<br>LEI: P3CH2EG5X6Z1XWU1OO74 | Long             | RE               | CORP              | US        |      3630 | NS      | $148212.90    | 1.89%             |  |  |  | No            |                  1 | On Loan: No      |
| VENTAS INC                   | VENTAS INC REIT USD.25                      | CUSIP: 92276F100<br>LEI: ORQTRC074CWLT3DKHT41 | Long             | RE               | CORP              | US        |      5120 | NS      | $323328.00    | 4.13%             |  |  |  | No            |                  1 | On Loan: No      |
| VICI PROPERTIES INC          | VICI PROPERTIES INC REIT USD.01             | CUSIP: 925652109<br>LEI: 254900RKH6RY9KCJQH63 | Long             | RE               | CORP              | US        |      3780 | NS      | $123228.00    | 1.57%             |  |  |  | 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        |     40846 | NS      | $201202.87    | 2.57%             |  |  |  | No            |                  2 | On Loan: No      |
| Nomura Repo                  | Nomura Repo REPO - 01Jul25                  | CUSIP: ARP19B8Y6<br>LEI: OXTKY6Q8X53C9ILVV871 | Long             | RA               | USGA              | US        |     64000 | PA      | $64000.00     | 0.82%             | 2025-07-01      | Fixed         | 4.39%                 | No            |                  2 | On Loan: No      |
| STONEX REPO                  | STONEX REPO REPO - 01Jul25                  | CUSIP: ARP19B8Z3<br>LEI: 549300LNKU6K5TJCRG93 | Long             | RA               | USGA              | US        |    107000 | PA      | $107000.00    | 1.37%             | 2025-07-01      | Fixed         | 4.40%                 | No            |                  2 | On Loan: No      |
| ALEXANDRIA REAL ESTATE EQUIT | ALEXANDRIA REAL ESTATE EQUIT                | CUSIP: 015271109<br>LEI: MGCJBT4MKTQBVLNUIS88 | Long             | RE               | CORP              | US        |      3510 | NS      | $254931.30    | 3.26%             |  |  |  | No            |                  1 | On Loan: No      |
| DERWENT LONDON PLC           | DERWENT LONDON PLC REIT GBP.05              | CUSIP: 026527903<br>LEI: 213800BXKQ9KZNUR1M61 | Long             | RE               | CORP              | GB        |      6040 | NS      | $172171.81    | 2.20%             |  |  |  | No            |                  2 | 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        |      5970 | NS      | $215337.90    | 2.75%             |  |  |  | No            |                  1 | On Loan: No      |
| AMERICAN TOWER CORP          | AMERICAN TOWER CORP REIT USD.01             | CUSIP: 03027X100<br>LEI: 5493006ORUSIL88JOE18 | Long             | RE               | CORP              | US        |      2170 | NS      | $479613.40    | 6.12%             |  |  |  | No            |                  1 | On Loan: No      |
| AVALONBAY COMMUNITIES INC    | AVALONBAY COMMUNITIES INC                   | CUSIP: 053484101<br>LEI: K9G90K85RBWD2LAGQX17 | Long             | RE               | CORP              | US        |      1340 | NS      | $272690.00    | 3.48%             |  |  |  | No            |                  1 | On Loan: No      |
| BXP INC                      | BOSTON PROPERTIES INC                       | CUSIP: 101121101<br>LEI: 549300OF70FSEUQBT254 | Long             | RE               | CORP              | US        |      4920 | NS      | $331952.40    | 4.24%             |  |  |  | No            |                  1 | On Loan: No      |
| BRIXMOR PROPERTY GROUP INC   | BRIXMOR PROPERTY GROUP INC                  | CUSIP: 11120U105<br>LEI: 5299007UXW6Y0W2EGZ95 | Long             | RE               | CORP              | US        |     12230 | NS      | $318469.20    | 4.07%             |  |  |  | No            |                  1 | On Loan: No      |
| CAMDEN PROPERTY TRUST        | CAMDEN PROPERTY TRUST                       | CUSIP: 133131102<br>LEI: 5493002MYX22OHYJBD89 | Long             | RE               | CORP              | US        |      1960 | NS      | $220872.40    | 2.82%             |  |  |  | No            |                  1 | On Loan: No      |
| COMMUNITY HEALTHCARE TRUST I | COMMUNITY HEALTHCARE TRUST I REIT USD.01    | CUSIP: 20369C106<br>LEI: 549300FATSRCMKOV9536 | Long             | RE               | CORP              | US        |      7270 | NS      | $120900.10    | 1.54%             |  |  |  | No            |                  1 | On Loan: No      |
| COPT DEFENSE PROPERTIES      | COPT DEFENSE PROPERTIES REIT USD.01         | CUSIP: 22002T108<br>LEI: YY1J47X6LF9TYY8JY420 | Long             | RE               | CORP              | US        |      3250 | NS      | $89635.00     | 1.14%             |  |  |  | No            |                  1 | On Loan: No      |
| COUSINS PROPERTIES INC       | COUSINS PROPERTIES INC REIT USD1.0          | CUSIP: 222795502<br>LEI: 5493007XPYD5EJABN062 | Long             | RE               | CORP              | US        |     10965 | NS      | $329278.95    | 4.20%             |  |  |  | No            |                  1 | On Loan: No      |
| CROWN CASTLE INC             | CROWN CASTLE INTL CORP REIT USD.01          | CUSIP: 22822V101<br>LEI: 54930012H97VSM0I2R19 | Long             | RE               | CORP              | US        |       990 | NS      | $101702.70    | 1.30%             |  |  |  | No            |                  1 | On Loan: No      |
| EQUITY RESIDENTIAL           | EQUITY RESIDENTIAL                          | CUSIP: 29476L107<br>LEI: 5493008RACSH5EP3PI59 | Long             | RE               | CORP              | US        |      2530 | NS      | $170749.70    | 2.18%             |  |  |  | No            |                  1 | On Loan: No      |
| ESSEX PROPERTY TRUST INC     | ESSEX PROPERTY TRUST INC                    | CUSIP: 297178105<br>LEI: 549300TR2H2VEFX0NC60 | Long             | RE               | CORP              | US        |       710 | NS      | $201214.00    | 2.57%             |  |  |  | No            |                  1 | On Loan: No      |
| EXTRA SPACE STORAGE INC      | EXTRA SPACE STORAGE INC REIT USD.01         | CUSIP: 30225T102<br>LEI: N/A                  | Long             | RE               | CORP              | US        |      1501 | NS      | $221307.44    | 2.83%             |  |  |  | No            |                  1 | On Loan: No      |
| HEALTHPEAK PROPERTIES INC    | HEALTHPEAK PROPERTIES INC                   | CUSIP: 42250P103<br>LEI: 254900M6MTMZM0I22L81 | Long             | RE               | CORP              | US        |      8950 | NS      | $156714.50    | 2.00%             |  |  |  | No            |                  1 | On Loan: No      |
| HUDSON PACIFIC PROPERTIES IN | HUDSON PACIFIC PROPERTIES IN                | CUSIP: 444097109<br>LEI: N/A                  | Long             | RE               | CORP              | US        |     54980 | NS      | $150645.20    | 1.92%             |  |  |  | No            |                  1 | On Loan: No      |
| MID AMERICA APARTMENT COMM   | MID AMERICA APARTMENT COMM REIT USD.01      | CUSIP: 59522J103<br>LEI: 549300FQZKFR5YNSHZ21 | Long             | RE               | CORP              | US        |      1230 | NS      | $182052.30    | 2.32%             |  |  |  | No            |                  1 | On Loan: No      |
| NETSTREIT CORP               | NETSTREIT CORP REIT USD.01                  | CUSIP: 64119V303<br>LEI: 254900CJL0EDMEQ25Q84 | Long             | RE               | CORP              | US        |      5230 | NS      | $88543.90     | 1.13%             |  |  |  | No            |                  1 | On Loan: No      |
| PROLOGIS INC                 | PROLOGIS INC                                | CUSIP: 74340W103<br>LEI: 529900DFH19P073LZ636 | Long             | RE               | CORP              | US        |      3147 | NS      | $330812.64    | 4.22%             |  |  |  | No            |                  1 | On Loan: No      |
| PUBLIC STORAGE               | PUBLIC STORAGE                              | CUSIP: 74460D109<br>LEI: 254900GLQZAD4N7N5Q19 | Long             | RE               | CORP              | US        |       910 | NS      | $267012.20    | 3.41%             |  |  |  | No            |                  1 | On Loan: No      |
| DIGITAL REALTY TRUST INC     | DIGITAL REALTY TRUST INC                    | CUSIP: 253868103<br>LEI: 549300HKCZ31D08NEI41 | Long             | RE               | CORP              | US        |      1625 | NS      | $283286.25    | 3.62%             |  |  |  | No            |                  1 | On Loan: No      |
| DOUGLAS EMMETT INC           | DOUGLAS EMMETT INC REIT USD.01              | CUSIP: 25960P109<br>LEI: N/A                  | Long             | RE               | CORP              | US        |      6490 | NS      | $97609.60     | 1.25%             |  |  |  | No            |                  1 | On Loan: No      |
| EASTGROUP PROPERTIES INC     | EASTGROUP PROPERTIES INC REIT               | CUSIP: 277276101<br>LEI: 31TIGQQZC4P6JMHKSW85 | Long             | RE               | CORP              | US        |      1080 | NS      | $180489.60    | 2.30%             |  |  |  | No            |                  1 | On Loan: No      |
| EQUINIX INC                  | EQUINIX INC                                 | CUSIP: 29444U700<br>LEI: 549300EVUN2BTLJ3GT74 | Long             | RE               | CORP              | US        |       388 | NS      | $308642.36    | 3.94%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2025-07-29

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

**Signature:** Doug A. Haines

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

**Title:** Treasurer