Davis Selected Advisers Trims $1.78 Billion Capital One Financial Stake

The investment firm reduced its position in the financial services provider by 6.4% in Q3 2025.

Mar. 19, 2026 at 8:42am

Davis Selected Advisers, a major investment firm, trimmed its position in Capital One Financial Corporation (NYSE:COF) by 6.4% during the third quarter of 2025, according to a recent 13F filing with the SEC. The firm still holds a sizable $1.78 billion stake, making Capital One Financial its largest holding and representing 9.3% of its total portfolio.

Why it matters

This move by a prominent institutional investor provides insight into the market's sentiment around Capital One Financial. As one of the largest credit card issuers and diversified financial services providers, the company's performance is closely watched by analysts and investors.

The details

According to the 13F filing, Davis Selected Advisers sold 575,625 shares of Capital One Financial during the third quarter, reducing its total position to 8,380,117 shares. The firm continues to hold a 1.32% ownership stake in the company, which was worth $1,781,445,000 at the end of the reporting period.

  • Davis Selected Advisers filed its 13F report for the third quarter of 2025.

The players

Davis Selected Advisers

A major investment firm that manages over $100 billion in assets.

Capital One Financial Corporation

A diversified bank holding company that provides credit cards, consumer and commercial banking, and auto finance services.

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The takeaway

The reduction in Davis Selected Advisers' Capital One Financial position, while still maintaining a sizable stake, suggests the firm may have a cautious outlook on the company's near-term prospects. Investors will be closely watching Capital One's performance and any further changes in major institutional holdings.