Institutional Manager · CIK 0000887777

DAVENPORT & Co LLC

RICHMOND, VA · File #028-03200

Latest AUM

$18.77B

Positions

1,253

Top-10 Concentration

37.1%

Filings

Portfolio Value Over Time

2024-03

2024-06

2024-09

2024-12

2025-03

2025-06

2025-09

2025-12

Biggest QoQ Changes

Ranked by conviction flow (share change × current price) so mark-to-market moves don't dominate. Price effect column shows how much of the $ change was just the stock moving.

Action	Issuer	Ticker / CUSIP	Δ Shares	Flow ($)	Price Effect
ADD	NVIDIA CORPORATION	NVDA	+2,007,105	+$374.7M	+$157
REDUCE	BROOKFIELD CORP	11271J107	-8,029,557	-$369.2M	-$193.5M
ADD	APPLE INC	AAPL	+1,218,723	+$331.5M	+$2.0M
ADD	INVESCO QQQ TR	IVZ	+206,699	+$127.0M	+$320,888
REDUCE	NORFOLK SOUTHN CORP	655844108	-435,623	-$125.8M	-$5.1M
ADD	QUANTA SVCS INC	74762E102	+228,671	+$96.9M	+$29,646
REDUCE	ISHARES TR	464287655	-323,387	-$79.6M	+$1.4M
ADD	MARVELL TECHNOLOGY INC	MRVL	+920,876	+$78.6M	+$575,626
ADD	MARSH & MCLENNAN COS INC	571748102	+414,161	+$77.0M	-$1.5M
ADD	SERVICENOW INC	NOW	+468,581	+$71.9M	-$88.7M

Sector Allocation

14.4%$2.71B

7.9%$1.49B

7.9%$1.49B

7.8%$1.47B

Consumer Discretionary

6.3%$1.18B

Energy

3.8%$712.7M

Communication Services

3.1%$589.5M

1.5%$274.2M

1.3%$249.5M

1.2%$226.5M

0.4%$71.5M

Filing History

Jan 12, 202613F HOLDINGS REPORTQ/E Dec 20251,253 pos · $18.77B
Oct 15, 202513F HOLDINGS REPORTQ/E Sep 20251,227 pos · $18.76B
Jul 22, 202513F HOLDINGS REPORTQ/E Jun 20251,202 pos · $18.36B
Apr 28, 202513F HOLDINGS REPORTQ/E Mar 20251,169 pos · $17.24B
Jan 24, 202513F HOLDINGS REPORTQ/E Dec 20241,149 pos · $17.70B
Oct 24, 202413F HOLDINGS REPORTQ/E Sep 20241,142 pos · $17.64B
Aug 6, 202413F HOLDINGS REPORTQ/E Jun 20241,112 pos · $16.56B
May 3, 202413F HOLDINGS REPORTQ/E Mar 20241,108 pos · $16.31B
Oct 17, 202313F HOLDINGS REPORTQ/E Dec 20231,049 pos · $13.22B

Top 20 Holdings — Dec 2025

#	Issuer	Ticker	Shares	Value	% of Portfolio
1	BROOKFIELD CORP	11271J107	11,816,546	$544.2M	5.55%
2	AMAZON COM INC	AMZN	2,046,367	$472.9M	4.82%
3	MICROSOFT CORP	MSFT	959,701	$464.6M	4.74%
4	MARKEL GROUP INC	MKL	209,999	$452.4M	4.61%
5	NVIDIA CORPORATION	NVDA	2,008,605	$375.0M	3.82%
6	APPLE INC	AAPL	1,332,623	$362.5M	3.69%
7	BERKSHIRE HATHAWAY INC DEL	BRK-A	536,735	$269.9M	2.75%
8	ALPHABET INC	GOOG	794,223	$248.7M	2.53%
9	JOHNSON & JOHNSON	JNJ	1,104,857	$228.6M	2.33%
10	META PLATFORMS INC	META	339,869	$224.7M	2.29%
11	UNITEDHEALTH GROUP INC	UNH	672,416	$222.4M	2.27%
12	MARTIN MARIETTA MATLS INC	573284106	348,428	$218.0M	2.22%
13	VANGUARD INDEX FDS	922908363	332,599	$208.6M	2.13%
14	KINSALE CAP GROUP INC	49714P108	530,043	$208.4M	2.12%
15	ACCENTURE PLC IRELAND	ACN	758,440	$203.8M	2.08%
16	ELEVANCE HEALTH INC FORMERLY	ELV	575,783	$201.6M	2.05%
17	BROADCOM INC	AVGO	557,279	$193.3M	1.97%
18	JPMORGAN CHASE & CO.	VYLD	579,219	$186.7M	1.90%
19	AMERICAN TOWER CORP NEW	03027X100	1,052,121	$185.1M	1.89%
20	BROOKFIELD ASSET MANAGMT LTD	113004105	3,466,570	$182.1M	1.86%