The fund's investment adviser, employing the Davis Investment Discipline, primarily allocates its portfolio to common equity securities issued by companies based in both the United States and other nations, spanning both developed and emerging markets. A substantial portion of these investments will target entities that are either legally domiciled or physically located outside the U.S., whose principal trading venue is international, or that generate a significant amount of their business beyond U.S. borders. The adviser defines "significant amount" as a company deriving at least half of its revenue or possessing at least half of its assets from outside the United States.

Full Truck Alliance Co. Ltd.

Trip.com Group Limited

Jbs N.V.

Devon Energy Corporation

AppLovin Corporation

Viatris Inc.

Capital One Financial Corporation

Amazon.com, Inc.

Meta Platforms, Inc.

Sea Limited

Consumer Cyclical

Financial Services

Technology

Communication Services

Healthcare

Consumer Defensive

Industrials

Energy

Basic Materials

Davis Select Worldwide ETF

DWLD Holdings & Sector Breakdown