Davis Advisors is an independent, employee-owned investment management firm founded in 1969. Davis began managing the Clipper Fund in 2006.

Our time-tested investment discipline is offered to clients through mutual funds, variable annuities, separately managed accounts, and offshore funds. Since our founding more than 50 years ago, our mission has been to serve our shareholders and to do so with high integrity.

We seek to build wealth for shareholders through a patient, long-term investment approach. We believe stocks represent ownership interests in businesses and therefore rigorously research company fundamentals. We are highly sensitive to valuation, as price is an important component in generating attractive long-term investment results.

A Number of Unique Attributes Distinguish Davis Advisors:

Sixty Years of Experience

Davis Advisors has successfully managed money through many environments – including periods of inflation, recession, rising and falling energy prices, rising and falling interest rates, and bull and bear markets.

Consistency of the Davis Investment Discipline

For three generations, the Davis family has built wealth by purchasing durable, well-managed businesses at value prices and holding them for the long term.

Aligned with Shareholders

With more than $2 billion invested side by side with clients, we experience the same risks and reap the same rewards.¹

Our firm traces its roots to legendary investor Shelby Cullom Davis, a leading financial advisor to governors and presidents, who parlayed an initial investment of $100,000 in the late 1940s into more than $800 million by the end of his career in the early 1990s.²

In 1969, Shelby Cullom Davis’s son, Shelby M.C. Davis, founded Davis Advisors after serving as the head of equity research at The Bank of New York in order to offer the Davis investment approach to outside clients.

The Clipper Fund board of directors selected Davis Advisors to begin managing the Clipper Fund in 2006. The Clipper Fund was founded in 1984. Prior to that date, the Fund had been advised by a different investment advisor.

Today, under the leadership of Christopher C. Davis, Davis Advisors is widely recognized as a premier investment manager serving individual and institutional investors worldwide.

"We recognize that our shareholders have placed a tremendous amount of trust in us. We do not take this trust lightly.

As stewards of their capital, we come to work every day with the goal of helping them build the wealth required to reach their long-term financial goals. We strive to achieve this through diligent research and high integrity, all the while invested side by side with them."

Christopher C. Davis, Portfolio Manager, Clipper Fund