13F-HR/A 1 x13f123106.txt UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 13F-HR/A FORM 13F COVER PAGE Report for the Calendar Year or Quarter Ended: December 31, 2006 Check here if Amendment [X]; Amendment Number: This Amendment (Check only one.): [ ] is a restatement. [ ] adds new holdings entries. Institutional Investment Manager Filing this Report: Name: DAVIS SELECTED ADVISERS, LP Address: 2949 East Elvira Road, Suite 101 Tucson, Arizona 85706 13F File Number: 28-04121 The institutional investment manager filing this report and the person by whom it is signed hereby represent that the person signing the report is authorized to submit it, that all information contained herein is true, correct and complete, and that it is understood that all required items, statements, schedules, lists, and tables, are considered integral parts of this form. Person Signing this Report on Behalf of reporting Manager: Name: Anthony Frazia,JD, CRCP Title: Co-Chief Compliance Officer/Director of Institutional, Operations,Compliance and Risk Management Phone: (212) 891-5508 Signature, Place, and Date of Signing: Anthony Frazia New York, New York February 13, 2007 Report Type (Check only one.): [X] 13F HOLDINGS REPORT. [ ] 13F NOTICE. [ ] 13F COMBINATION REPORT. List of Other Managers Reporting for this Manager: none I AM SIGNING THIS REPORT AS REQUIRED BY THE SECURITIES EXCHANGE ACT OF 1934 FORM 13F SUMMARY PAGE Report Summary: Number of Other Included Mangers: 0 Form 13F Information Table Entry Total: 214 Form 13F Information Table Value Total: $86,165,950,000 List of Other Included Managers: None FORM 13F INFORMATION TABLE Title Value Shares/ SH/ PUT/ INVSTMT Other Voting Authority Name of Issuer of Class CUSIP (x$1000) Prn Amt PRN CALL DSCRETN Managers Sole Shared None ------------------------------ ---------------- --------- -------- -------- --- ---- ------- ------- -------- ---- ---- 21st Century Insurance Group Common Stock 90130N103 323 18300SH SOLE 18300 0 0 3M Company Common Stock 88579Y101 507 6500SH SOLE 6500 0 0 A.G. Edwards Inc Common Stock 281760108 366 5785SH SOLE 5785 0 0 Advance Auto Parts Inc. Common Stock 00751Y106 42008 1181331SH SOLE 1181331 0 0 AES Corp. Common Stock 00130H105 4408 200000SH SOLE 200000 0 0 AES Trust III,6.75%,10/15/29 Preferred Stock 00808N202 10900 221310SH SOLE 221310 0 0 AFLAC, Inc. Common Stock 001055102 16109 350194SH SOLE 350194 0 0 Agilent Technologies, Inc. Common Stock 00846U101 41798 1199381SH SOLE 1199381 0 0 Alexander & Baldwin, Inc. Common Stock 014482103 28939 652670SH SOLE 652670 0 0 Alexandria Real Estate Eq Common Stock 015271109 156777 1561519SH SOLE 1561519 0 0 Alleghany Corp Common Stock 017175100 1584 4357SH SOLE 4357 0 0 Allstate Corp Common Stock 020002101 1265 19436SH SOLE 19436 0 0 Alltel Corp Common Stock 020039103 497 8215SH SOLE 8215 0 0 Altria Group Incorporated Common Stock 02209S103 4347637 50659955SH SOLE 50659955 0 0 Amazon.Com, Inc. Common Stock 023135106 477128 12091430SH SOLE 12091430 0 0 AMB Property Corp. Common Stock 00163T109 60199 1027106SH SOLE 1027106 0 0 Ambac Financial Group Inc Common Stock 023139108 106905 1200231SH SOLE 1200231 0 0 America Movil S.A. de C.V. Foreign - ADR 02364W105 719 15900SH SOLE 15900 0 0 American Campus Communities Common Stock 024835100 45720 1605894SH SOLE 1605894 0 0 American Express Co. Common Stock 025816109 4650948 76659766SH SOLE 76659766 0 0 American International Group Common Stock 026874107 4120093 57495019SH SOLE 57495019 0 0 American Standard Companies Common Stock 029712106 48439 1056474SH SOLE 1056474 0 0 American Tower Corp Cl A Common Stock 029912201 19397 520312SH SOLE 520312 0 0 Ameriprise Financial, Inc. Common Stock 03076C106 1185649 21755024SH SOLE 21755024 0 0 Amgen Inc Common Stock 031162100 376 5500SH SOLE 5500 0 0 Aon Corp. Common Stock 037389103 601058 17007876SH SOLE 17007876 0 0 Apollo Group Inc-CL A Common Stock 037604105 214911 5514792SH SOLE 5514792 0 0 Autozone Incorporated Common Stock 053332102 7269 62900SH SOLE 62900 0 0 Avon Products, Inc. Common Stock 054303102 307835 9317042SH SOLE 9317042 0 0 Axis Capital Holdings Limited Common Stock G0692U109 4395 131714SH SOLE 131714 0 0 Bank of America Corp. Common Stock 060505104 2454 45968SH SOLE 45968 0 0 Bed Bath + Beyond Inc. Common Stock 075896100 439083 11524486SH SOLE 11524486 0 0 Berkshire Hathaway - Class A Common Stock 084670108 2296481 20879SH SOLE 20879 0 0 Berkshire Hathaway - Class B Common Stock 084670207 718393 195961SH SOLE 195961 0 0 H & R Block, Inc Common Stock 093671105 884528 38390977SH SOLE 38390977 0 0 Blount International, Inc. Common Stock 095180105 33948 2522174SH SOLE 2522174 0 0 Boston Properties, Inc. Common Stock 101121101 114304 1021667SH SOLE 1021667 0 0 BP Amoco PLC - ADR Foreign - ADR 055622104 1543 23000SH SOLE 23000 0 0 Brown & Brown, Inc. Common Stock 115236101 50356 1785033SH SOLE 1785033 0 0 Capital One Financial Corp. Common Stock 14040H105 2489 32400SH SOLE 32400 0 0 Cardinal Health Inc Common Stock 14149Y108 747407 11600300SH SOLE 11600300 0 0 Caremark RX, Inc. Common Stock 141705103 1053171 18441094SH SOLE 18441094 0 0 CarMax, Inc. Common Stock 143130102 221127 4123200SH SOLE 4123200 0 0 CBL & Associates Properties Common Stock 124830100 65519 1511400SH SOLE 1511400 0 0 China Life Insurance, Co. Foreign - ADR 16939P106 37228 737048SH SOLE 737048 0 0 Chubb Corp. Common Stock 171232101 264613 5001184SH SOLE 5001184 0 0 Chunghwa Telecom Co., Ltd. Foreign - ADR 17133Q205 201 10200SH SOLE 10200 0 0 Cisco Systems, Inc. Common Stock 17275R102 1317 48200SH SOLE 48200 0 0 Citigroup Inc. Common Stock 172967101 2099996 37701910SH SOLE 37701910 0 0 CNA Financial Corporation Common Stock 126117100 535 13268SH SOLE 13268 0 0 Coca Cola Co Common Stock 191216100 15884 329200SH SOLE 329200 0 0 Columbia Equity Trust, Inc. Common Stock 197627102 14157 740814SH SOLE 740814 0 0 Comcast Corp - Class A Common Stock 20030N200 2575270 61491654SH SOLE 61491654 0 0 Commerce Bancorp, Inc. Common Stock 200519106 522870 14824781SH SOLE 14824781 0 0 Companhia Vale do Rio Doce Foreign - ADR 204412100 1019 38800SH SOLE 38800 0 0 ConocoPhillips Common Stock 20825C104 4143180 57584158SH SOLE 57584158 0 0 Continental Airlines Financial Preferred Stock 210796306 7057 161300SH SOLE 161300 0 0 Convera Corp Common Stock 211919105 6120 1333333SH SOLE 1333333 0 0 Corporate Data Sciences, Inc. Common Stock 219884103 5 20552SH SOLE 20552 0 0 Corporate Office Properties Common Stock 22002T108 152363 3018892SH SOLE 3018892 0 0 Costco Wholesale Corp. Common Stock 22160K105 2584364 58494453SH SOLE 58494453 0 0 Cousins Properties, Inc. Common Stock 222795106 98206 2784396SH SOLE 2784396 0 0 Covad Communications Group Common Stock 222814204 11617 8418355SH SOLE 8418355 0 0 D & B Corp Common Stock 26483E100 781549 9440139SH SOLE 9440139 0 0 DCT Industrial Trust Inc Common Stock 233153105 39652 3360305SH SOLE 3360305 0 0 Dell Inc. Common Stock 24702R101 524605 20908943SH SOLE 20908943 0 0 Developers Diversified Common Stock 251591103 119923 1905051SH SOLE 1905051 0 0 Devon Energy Corp. Common Stock 25179M103 1925134 28724545SH SOLE 28724545 0 0 Diageo PLC, - ADR Foreign - ADR 25243Q205 425680 5367293SH SOLE 5367293 0 0 Duke Realty Corp Common Stock 264411505 110776 2708471SH SOLE 2708471 0 0 ETRADE Financial Corp Common Stock 269246104 80739 3601192SH SOLE 3601192 0 0 Eli Lilly and Co. Common Stock 532457108 188 3600SH SOLE 3600 0 0 EOG Resources, Inc. Common Stock 26875P101 1512276 24215792SH SOLE 24215792 0 0 Equity Residential - COM Common Stock 29476L107 22490 443155SH SOLE 443155 0 0 Equity Residential - Series D Preferred Stock 29476L800 1195 46400SH SOLE 46400 0 0 Equity Residential - Series E Preferred Stock 29476L883 3559 63200SH SOLE 63200 0 0 Everest Re Group, Ltd. Common Stock G3223R108 108658 1107510SH SOLE 1107510 0 0 Expedia Inc Common Stock 30212P105 145800 6949485SH SOLE 6949485 0 0 Express Scripts Inc - Class A Common Stock 302182100 344861 4816500SH SOLE 4816500 0 0 Exxon Mobil Corporation Common Stock 30231G102 809 10560SH SOLE 10560 0 0 Fairchild Semiconductor Inter Common Stock 303726103 5176 307900SH SOLE 307900 0 0 First Data Corp. Common Stock 319963104 7014 274858SH SOLE 274858 0 0 First Industrial Realty Trust Common Stock 32054K103 17542 374100SH SOLE 374100 0 0 First Potomac Realty Trust Common Stock 33610F109 53925 1852448SH SOLE 1852448 0 0 Fiserv, Inc. Common Stock 337738108 39952 762150SH SOLE 762150 0 0 Florida East Coast Industries Common Stock 340632108 36805 617531SH SOLE 617531 0 0 Forest City Enterprises - A Common Stock 345550107 87337 1495505SH SOLE 1495505 0 0 FPIC Insurance Group, Inc. Common Stock 302563101 22852 586409SH SOLE 586409 0 0 Franklin Electric Co., Inc. Common Stock 353514102 26482 515306SH SOLE 515306 0 0 Gannett Co., Inc. Common Stock 364730101 170297 2816690SH SOLE 2816690 0 0 Garmin Ltd. Common Stock G37260109 100976 1814157SH SOLE 1814157 0 0 General Electric Co Common Stock 369604103 18769 504400SH SOLE 504400 0 0 General Growth Properties Inc. Common Stock 370021107 847533 16226940SH SOLE 16226940 0 0 Goldman Sachs Group Inc. Common Stock 38141G104 21889 109800SH SOLE 109800 0 0 Gramercy Capital Corp. Common Stock 384871109 33390 1080940SH SOLE 1080940 0 0 Harley-Davidson, Inc. Common Stock 412822108 1670099 23699431SH SOLE 23699431 0 0 The Hershey Company Common Stock 427866108 530094 10644449SH SOLE 10644449 0 0 Hewlett Packard Co. Common Stock 428236103 467866 11358720SH SOLE 11358720 0 0 Highwoods Properties Inc Common Stock 431284108 27040 663400SH SOLE 663400 0 0 Home Depot Inc Common Stock 437076102 775 19300SH SOLE 19300 0 0 Host Hotels & Resorts Inc. Common Stock 44107P104 108588 4423155SH SOLE 4423155 0 0 HSBC Holdings PLC Foreign - ADR 404280406 505053 5510676SH SOLE 5510676 0 0 IAC/InterActiveCorp Common Stock 44919P300 153880 4141015SH SOLE 4141015 0 0 ICICI Bank Limited Foreign - ADR 45104G104 4299 103000SH SOLE 103000 0 0 IDEXX Laboratories, Inc. Common Stock 45168D104 31804 401053SH SOLE 401053 0 0 Ing Groep N.V. Foreign - ADR 456837103 1148 25990SH SOLE 25990 0 0 Intel Corp. Common Stock 458140100 117 5800SH SOLE 5800 0 0 IBM Common Stock 459200101 2674 27528SH SOLE 27528 0 0 International Rectifier Corp. Common Stock 460254105 9120 236700SH SOLE 236700 0 0 Iron Mountain Inc. Common Stock 462846106 1119844 27088630SH SOLE 27088630 0 0 JC Penney (Holding Co) Inc. Common Stock 708160106 10857 140350SH SOLE 140350 0 0 Johnson & Johnson Common Stock 478160104 59966 908300SH SOLE 908300 0 0 JPMorgan Chase & Co. Common Stock 46625H100 3484906 72151272SH SOLE 72151272 0 0 Kimco Realty Corp. Common Stock 49446R109 130828 2910519SH SOLE 2910519 0 0 Kohls Corp Common Stock 500255104 9854 144000SH SOLE 144000 0 0 Koninklijke Philips Elec Foreign - ADR 500472303 579 15400SH SOLE 15400 0 0 Legg Mason, Inc. Common Stock 524901105 39263 413078SH SOLE 413078 0 0 Liberty Global, Inc. -Class C Common Stock 530555309 302 10800SH SOLE 10800 0 0 Liberty Media Capital Series A Common Stock 53071M302 207740 2120230SH SOLE 2120230 0 0 Liberty Media Inter Series A Common Stock 53071M104 228662 10600930SH SOLE 10600930 0 0 Liberty Property Trust Common Stock 531172104 50629 1030300SH SOLE 1030300 0 0 Loews Corp. Common Stock 540424108 1938529 46745344SH SOLE 46745344 0 0 Lowes Cos Inc. Common Stock 548661107 376151 12075481SH SOLE 12075481 0 0 M B I A Inc Common Stock 55262C100 28114 384812SH SOLE 384812 0 0 Macerich Co Common Stock 554382101 128342 1482524SH SOLE 1482524 0 0 Markel Corp. Common Stock 570535104 221153 460639SH SOLE 460639 0 0 Marsh & McLennan Cos Common Stock 571748102 18492 603146SH SOLE 603146 0 0 Martin Marietta Materials Common Stock 573284106 674461 6490820SH SOLE 6490820 0 0 Masco Corp. Common Stock 574599106 6882 230400SH SOLE 230400 0 0 Mellon Financial Corp. Common Stock 58551A108 625476 14839300SH SOLE 14839300 0 0 Merck & Co., Inc. Common Stock 589331107 231 5300SH SOLE 5300 0 0 Mercury General Corp. Common Stock 589400100 1898 36000SH SOLE 36000 0 0 Merrill Lynch & Co Inc Common Stock 590188108 164540 1767344SH SOLE 1767344 0 0 Microsoft Corp Common Stock 594918104 2112418 70744078SH SOLE 70744078 0 0 Mohawk Industries Inc. Common Stock 608190104 26511 354139SH SOLE 354139 0 0 Molex Inc., Class A Common Stock 608554200 64206 2317921SH SOLE 2317921 0 0 Monsanto Co. Common Stock 61166W101 1051 20000SH SOLE 20000 0 0 Moody's Corp. Common Stock 615369105 1312536 19005735SH SOLE 19005735 0 0 Morgan Stanley Common Stock 617446448 527450 6477339SH SOLE 6477339 0 0 Netflix Inc Common Stock 64110L106 81615 3156027SH SOLE 3156027 0 0 News Corp., Class A shares Common Stock 65248E104 1567658 72982226SH SOLE 72982226 0 0 News Corp., Class B Shares Common Stock 65248E203 2560 115000SH SOLE 115000 0 0 Nokia Oyj Corp Foreign - ADR 654902204 166838 8210550SH SOLE 8210550 0 0 NTL Inc. Common Stock 62941W101 376160 14903334SH SOLE 14903334 0 0 Nymex Holdings, Inc. Common Stock 62948N104 1550 12500SH SOLE 12500 0 0 Occidental Petroleum Corp Common Stock 674599105 1557264 31891550SH SOLE 31891550 0 0 Office Depot Inc. Common Stock 676220106 42529 1114190SH SOLE 1114190 0 0 Old Republic International Common Stock 680223104 861 36990SH SOLE 36990 0 0 Omnicare Inc Common Stock 681904108 52396 1356345SH SOLE 1356345 0 0 Omnicom Group Inc Common Stock 681919106 293 2800SH SOLE 2800 0 0 Pfizer Inc. Common Stock 717081103 368 14201SH SOLE 14201 0 0 Pitney Bowes Inc. Common Stock 724479100 185 4000SH SOLE 4000 0 0 Plum Creek Timber Company Common Stock 729251108 19233 482625SH SOLE 482625 0 0 Principal Financial Group Common Stock 74251V102 252556 4302490SH SOLE 4302490 0 0 Procter & Gamble Company Common Stock 742718109 1111527 17294645SH SOLE 17294645 0 0 Progressive Corp. Common Stock 743315103 1952950 80633776SH SOLE 80633776 0 0 ProLogis Common Stock 743410102 104178 1714296SH SOLE 1714296 0 0 Quanta Services, Inc. Common Stock 74762E102 938 47700SH SOLE 47700 0 0 RadioShack Corp. Common Stock 750438103 2441 145499SH SOLE 145499 0 0 Regency Centers Corporation Common Stock 758849103 84163 1076668SH SOLE 1076668 0 0 RenaissanceRe Holdings Ltd Common Stock G7496G103 12846 214097SH SOLE 214097 0 0 Safeco Corp. Common Stock 786429100 1882 30080SH SOLE 30080 0 0 SAP AG - ADR Foreign - ADR 803054204 5469 103000SH SOLE 103000 0 0 Schlumberger Ltd Common Stock 806857108 758 12000SH SOLE 12000 0 0 Sealed Air Corp. Common Stock 81211K100 1877272 28916696SH SOLE 28916696 0 0 Sears Holdings Corp Common Stock 812350106 222880 1327220SH SOLE 1327220 0 0 Sigma-Aldrich Corp. Common Stock 826552101 45302 906686SH SOLE 906686 0 0 SK Telecom Co., Ltd. ADR Foreign - ADR 78440P108 395417 14932680SH SOLE 14932680 0 0 SL Green Realty Corp Common Stock 78440X101 126622 953621SH SOLE 953621 0 0 Spirit Finance Corp. Common Stock 848568309 79499 6375193SH SOLE 6375193 0 0 Sprint Nextel Corp. Common Stock 852061100 984442 52114457SH SOLE 52114457 0 0 The St Joe Company Common Stock 790148100 24887 464577SH SOLE 464577 0 0 State Street Corp. Common Stock 857477103 202089 2996580SH SOLE 2996580 0 0 Sun Microsystems Inc Common Stock 866810104 238 44000SH SOLE 44000 0 0 Suntrust Banks Inc. Common Stock 867914103 1267 15001SH SOLE 15001 0 0 T. Rowe Price Group, Inc. Common Stock 74144T108 8579 196000SH SOLE 196000 0 0 Target Corp Common Stock 87612E106 13063 228970SH SOLE 228970 0 0 Taubman Centers, Inc. Common Stock 876664103 10751 211375SH SOLE 211375 0 0 TCF Financial Corp Common Stock 872275102 3641 132800SH SOLE 132800 0 0 Tenaris S.A. - ADR Foreign - ADR 88031M109 30162 604576SH SOLE 604576 0 0 Texas Instruments, Inc. Common Stock 882508104 29469 1023212SH SOLE 1023212 0 0 The First Marblehead Corp. Common Stock 320771108 89459 1636950SH SOLE 1636950 0 0 Thermo Fisher Scientific Inc Common Stock 883556102 29816 658330SH SOLE 658330 0 0 Tiffany & Co. Common Stock 886547108 3924 100000SH SOLE 100000 0 0 Toll Brothers, Inc. Common Stock 889478103 12843 398489SH SOLE 398489 0 0 Torchmark Corp. Common Stock 891027104 3973 62318SH SOLE 62318 0 0 Transatlantic Holdings, Inc. Common Stock 893521104 921390 14837198SH SOLE 14837198 0 0 Transocean Inc. Common Stock G90078109 771769 9540972SH SOLE 9540972 0 0 Travelers PPTY 4.5%,4/15/32 Preferred Stock 89420G307 5043 192920SH SOLE 192920 0 0 Tyco International Ltd. Common Stock 902124106 3871370 127347696SH SOLE 127347696 0 0 Tyson Foods Inc Common Stock 902494103 11800 717300SH SOLE 717300 0 0 Unilever NV - NY Shares Foreign - ADR 904784709 245 9000SH SOLE 9000 0 0 United Dominion Realty Trust Common Stock 910197102 92696 2915881SH SOLE 2915881 0 0 United Parcel Service, Inc. Common Stock 911312106 352557 4702020SH SOLE 4702020 0 0 United Rentals Trust I, 6.50% Preferred Stock 91136H306 5350 109741SH SOLE 109741 0 0 United Rentals, Inc. Common Stock 911363109 5086 200000SH SOLE 200000 0 0 UnitedHealth Group Inc Common Stock 91324P102 1037865 19316302SH SOLE 19316302 0 0 Universal Health Services Common Stock 913903100 14223 256600SH SOLE 256600 0 0 U-Store-It Trust Common Stock 91274F104 24339 1184379SH SOLE 1184379 0 0 Ventas, Inc. Common Stock 92276F100 118461 2799181SH SOLE 2799181 0 0 Verigy Limited Common Stock Y93691106 1245 70123SH SOLE 70123 0 0 Vornado Realty Trust Common Stock 929042109 62272 512525SH SOLE 512525 0 0 Vornado Realty Trust, Pfd, Preferred Stock 929042703 4408 175000SH SOLE 175000 0 0 Vulcan Materials Corp. Common Stock 929160109 740017 8234304SH SOLE 8234304 0 0 W.R. Berkley Corp. Common Stock 084423102 4854 140649SH SOLE 140649 0 0 Wachovia Corp NEW Common Stock 929903102 2154366 37829076SH SOLE 37829076 0 0 Waddell & Reed Financial - A Common Stock 930059100 950 34707SH SOLE 34707 0 0 Wal-Mart Stores, Inc. Common Stock 931142103 1566364 33918657SH SOLE 33918657 0 0 Waste Connections Inc. Common Stock 941053100 6980 168000SH SOLE 168000 0 0 Wells Fargo & Co. Common Stock 949746101 2262301 63619259SH SOLE 63619259 0 0 Western Union Company Common Stock 959802109 6295 280762SH SOLE 280762 0 0 White Mountains Ins. Group Common Stock G9618E107 1738 3000SH SOLE 3000 0 0 WPP Group PLC - ADR Foreign - ADR 929309409 78475 1157789SH SOLE 1157789 0 0 Yum! Brands, Inc Common Stock 988498101 26384 448703SH SOLE 448703 0 0 Zimmer Holdings, Inc. Common Stock 98956P102 29063 370793SH SOLE 370793 0 0