13F-HR/A 1 amended13f033109.txt SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 13F-HR/A FORM 13F COVER PAGE Report for the Calendar Year or Quarter Ended: March 31, 2009 Check here if Amendment [1]; Amendment Number: This Amendment (Check only one.): [X] 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 85756 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 June 11, 2009 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: 194 Form 13F Information Table Value Total: $43.7 Billion 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 PRNCALLDscretn Managers Sole Shared None ------------------------------ -------------- --------- -------- -------- -------------- -------- -------- ----- -------- 3M Company Common 88579Y101 256 5140SH Sole 5140 0 0 ABB Limited ADR Foreign-ADR 000375204 65201 4677280SH Sole 4349508 0 327772 Ace Limited Common H0023R105 10221 253000SH Sole 253000 0 0 Activision Blizz Common 00507V109 274823 26303050SH Sole 24328763 0 1974287 AES Corp. Common 00130H105 117663 20251770SH Sole 19008580 0 1243190 AES Trust III,6.75%,10/15/29 Preferred 00808N202 9987 288810SH Sole 288810 0 0 Agilent Technologies, Inc. Common 00846U101 434649 28273415SH Sole 26064322 0 2209093 Alexander & Baldwin, Inc. Common 014482103 11227 590463SH Sole 417887 0 172576 Alexandria Real Estate Equit Common 015271109 57974 1594233SH Sole 454197 0 1140036 Amazon.Com, Inc. Common 023135106 319942 4356504SH Sole 4050211 0 306293 AMB Property 6.75% M Preferred 00163T406 4251 300000SH Sole 206200 0 93800 AMB Property Corp. Common 00163T109 23659 1643742SH Sole 187496 0 1456246 Ambac Financial Group Inc. Common 023139108 606 777668SH Sole 777353 0 315 America Movil S.A.B. de C.V Foreign-ADR 02364W105 1628 60102SH Sole 60102 0 0 American Campus Communities Common 024835100 45484 2623360SH Sole 706069 0 1917291 American Express Co. Common 025816109 1058150 78154785SH Sole 72912156 0 5242629 American International Group Common 026874107 27529 27528757SH Sole 26246797 0 1281960 American Tower Corp Cl A Common 029912201 3638 119443SH Sole 94295 0 25148 Ameriprise Financial, Inc. Common 03076C106 260155 12827846SH Sole 12262258 0 565588 AVALONBAY CMNTYS INC Common 053484101 221 5048SH Sole 4908 0 140 Avon Products, Inc. Common 054303102 6417 333680SH Sole 333680 0 0 Bank of America Corp. Common 060505104 27840 4082129SH Sole 3918133 0 163996 Bank of New York Mellon Common 064058100 1533818 54780813SH Sole 51148068 0 3632745 Becton Dickinson and Company Common 075887109 111672 1660791SH Sole 1543441 0 117350 Bed Bath + Beyond Inc. Common 075896100 536804 21706061SH Sole 20206509 0 1499552 Berkshire Hathaway B Common 084670207 537366 190894SH Sole 153803 0 37091 Berkshire Hathaway A Common 084670108 1978402 22819SH Sole 21954 0 865 Blount International, Inc. Common 095180105 17534 3874824SH Sole 3256587 0 618237 Brookfield Asset Management Foreign Stock 112585104 141456 10265672SH Sole 9377348 0 888324 Brown & Brown, Inc. Common 115236101 1995 107102SH Sole 86299 0 20803 Burlington Northern Santa Fe Common 12189T104 13460 223649SH Sole 164426 0 59223 Canadian Natural Resources Foreign Stock 136385101 930128 24110026SH Sole 22510481 0 1599545 Cardinal Health Inc. Common 14149Y108 348837 11084157SH Sole 10202795 0 881362 CarMax, Inc. Common 143130102 364036 29262426SH Sole 27626210 0 1636216 CBL & Assoc Prop., 7.375% D Preferred 124830605 1397 214900SH Sole 139100 0 75800 CBL & Associates Properties Common 124830100 9326 3956668SH Sole 542513 0 3414155 Charles Schwab Corp. Common 808513105 19744 1317814SH Sole 1106157 0 211657 China Life Insurance, Co. Foreign-ADR 16939P106 19256 391063SH Sole 391063 0 0 Cisco Systems, Inc. Common 17275R102 341286 20428489SH Sole 18827218 0 1601271 Citigroup Inc. 6.5% 12/31/49 Preferred 172967598 10860 400000SH Sole 400000 0 0 Clark Holdings, Inc. Common 18145M109 911 1493715SH Sole 1493715 0 0 CME Group Inc. Common 12572Q105 389 1580SH Sole 1580 0 0 Cogdell Spencer, Inc. Common 19238U107 13282 2604590SH Sole 1481859 0 1122731 Comcast Corp - A Common 20030N200 1081894 84187129SH Sole 67559764 0 6627365 Companhia Vale do Rio Doce Foreign-ADR 204412100 818 72519SH Sole 72519 0 0 ConocoPhillips Common 20825C104 1510360 38587387SH Sole 35730131 0 2857256 Continental Airlines Fin Preferred 210796306 2228 161300SH Sole 161300 0 0 Convera Corp. Common 211919105 33 177900SH Sole 177900 0 0 Corporate Data Sciences, Inc. Common 219884103 1 20552SH Sole 20552 0 0 Corporate Office Properties Common 22002T108 56729 2286643SH Sole 580373 0 1706270 Costco Wholesale Corp. Common 22160K105 2170856 46876282SH Sole 43375945 0 3500337 Cousins Properties, Inc. Common 222795106 25941 4033353SH Sole 1508265 0 2525088 CVS Caremark Corp. Common 126650100 1009474 36757361SH Sole 33896552 0 2860809 D & B Corp. Common 26483E100 618338 8036041SH Sole 7692290 0 343751 DCT Industrial Trust Inc. Common 233153105 33040 10432935SH Sole 1687036 0 8745899 Devon Energy Corp. Common 25179M103 1305630 29220751SH Sole 27041177 0 2179574 Diageo PLC - ADR Foreign-ADR 25243Q205 241642 5451079SH Sole 4389381 0 1061698 Digital Realty Trust Inc. Common 253868103 57524 1735150SH Sole 459510 0 1275640 Disney Walt Holdings Common 254687106 304814 16805560SH Sole 15355689 0 1449871 Douglas Emmett, Inc Common 25960P109 23666 3203746SH Sole 711766 0 2491980 eBay Inc. Common 278642103 85790 6830395SH Sole 6338175 0 492220 EOG Resources, Inc. Common 26875P101 1299030 23624481SH Sole 21863193 0 1761288 Equity Residential - E Preferred 29476L883 1264 63200SH Sole 49600 0 13600 Essex Property Trust, Inc. Common 297178105 45018 785538SH Sole 172758 0 612780 ETRADE Financial Corp. Common 269246104 2058 1736287SH Sole 1381603 0 354684 Everest Re Group, Ltd. Common G3223R108 76080 1074954SH Sole 1030391 0 44563 Exelon Corp. Common 30161N101 852 18780SH Sole 18780 0 0 Expeditors Int'l Washington Common 302130109 411 14540SH Sole 14540 0 0 Express Scripts Inc A Common 302182100 486288 10546085SH Sole 9809787 0 736298 Fairchild Semiconductor Common 303726103 1708 457900SH Sole 457900 0 0 Fairfax Financial Holdings Foreign Stock 303901102 694 2664SH Sole 2664 0 0 Federal Realty Investment Common 313747206 48987 1065920SH Sole 231437 0 834483 Forest City Ent FCE 3.625 Corporate Bond 345550AH0 12995 23000000SH Sole 23000000 0 0 Forest City Enterprises A Common 345550107 16828 4680924SH Sole 3235605 0 1445319 FPIC Insurance Group, Inc. Common 302563101 10220 275994SH Sole 275994 0 0 Freeport-Mc C&G 6.75 5/01/10 Preferred 35671D782 5135 80000SH Sole 80000 0 0 Garmin Ltd. Common G37260109 88841 4194104SH Sole 3781779 0 412325 General Electric Co Common 369604103 4359 431200SH Sole 431200 0 0 Goldman Sachs Group Inc. Common 38141G104 237789 2243001SH Sole 2100150 0 142851 Google Inc. Class A Common 38259P508 850981 2449467SH Sole 2253365 0 196102 Grupo Televisa Foreign-ADR 40049J206 443904 32623458SH Sole 30019247 0 2604211 H & R Block, Inc. Common 093671105 582847 32246977SH Sole 30009433 0 2237544 Harley-Davidson, Inc. Common 412822108 335947 25082699SH Sole 23329945 0 1752754 Hartford Fin Svcs Group Inc. Common 416515104 23428 2984490SH Sole 2611650 0 372840 Hewlett PackForeign-ADR Co. Common 428236103 726692 22662359SH Sole 21090133 0 1572226 Highwoods Properties Inc. Common 431284108 33783 1577157SH Sole 0 0 1577157 Host Hotels & Resorts Inc. Common 44107P104 16453 4200111SH Sole 976161 0 3223950 Hunter Douglas N.V. Foreign Stock 5291810 57270 2453776SH Sole 2296845 0 156931 IBM Common 459200101 720 7430SH Sole 7430 0 0 ICICI Bank Limited -ADR Foreign-ADR 45104G104 2590 194900SH Sole 194900 0 0 IDEXX Laboratories, Inc. Common 45168D104 28914 835528SH Sole 690291 0 145237 Intel Corp 2.95 12/15/2035 Corporate Bond 458140AD2 8558 10500000SH Sole 10500000 0 0 Intel Corp. Common 458140100 2555 170000SH Sole 170000 0 0 International Rectifier Common 460254105 4008 296700SH Sole 296700 0 0 Iron Mountain Inc. Common 462846106 894401 40467428SH Sole 37301844 0 3165584 ISHARES TR S&P500/BARRA VL Common 464287408 789 21413SH Sole 15298 0 6115 Johnson & Johnson Common 478160104 592557 11251040SH Sole 10262775 0 988265 Johnson Controls, Inc. Common 478366107 2616 220721SH Sole 171096 0 49625 JPMorgan Chase & Co. Common 46625H100 1574465 59515570SH Sole 55476668 0 4038902 Kilroy Realty Corp. Common 49427F108 3609 210140SH Sole 58650 0 151490 Kimco Realty Corp. Common 49446R109 8952 1174750SH Sole 0 0 1174750 Kohls Corp Common 500255104 17770 419900SH Sole 419900 0 0 Kohls Corp Bond Corporate Bond 500255AP9 3031 3300000SH Sole 3300000 0 0 Koninklijke Philips Elect Foreign-ADR 500472303 211 14200SH Sole 14200 0 0 Laboratory Corp Common 50540R409 112731 1927355SH Sole 1791625 0 135730 LaSalle Hotel Properties Common 517942108 16448 2818159SH Sole 487809 0 2330350 Level 3 Com 15% 1/15/2013 Corporate Bond 52729NBM1 39250 40000000SH Sole 40000000 0 0 Level 3 Com, 10% 5/1/2011 Corporate Bond 52729NBE9 65375 100000000SH Sole 100000000 0 0 Liberty Media Corp Common 53071M500 179257 8987725SH Sole 8304368 0 683357 Liberty Media Inter A Common 53071M104 33095 11395585SH Sole 10515025 0 880560 Liberty Property Trust Common 531172104 4437 234773SH Sole 143288 0 91485 Loews Corp. Common 540424108 1076035 48822471SH Sole 45501734 0 3320737 M B I A Inc. Common 55262C100 1103 253616SH Sole 205838 0 47778 Markel Corp. Common 570535104 107425 380607SH Sole 342595 0 38012 Martin Marietta Materials Common 573284106 499536 6299315SH Sole 5950040 0 349275 Masco Corp. Common 574599106 4456 638400SH Sole 638400 0 0 Medtronic, Inc. Common 585055106 109123 3704286SH Sole 3416332 0 287954 Merck & Co., Inc. Common 589331107 289061 10817318SH Sole 10014188 0 803130 Microsoft Corp. Common 594918104 1040300 57045694SH Sole 52702158 0 4343536 Monsanto Co. Common 61166W101 303206 3649098SH Sole 3381718 0 267380 Moody's Corp. Common 615369105 427924 18760593SH Sole 17461629 0 1298964 Morgan Stanley Common 617446448 38174 1676491SH Sole 1592841 0 83650 Nabors 0.94 Cpn Conv Bond Corporate Bond 629568AP1 2213 2500000SH Sole 2500000 0 0 Nabors Industries Ltd. Common G6359F103 4715 472000SH Sole 472000 0 0 Netflix Inc. Common 64110L106 21630 511632SH Sole 398850 0 112782 News America 02/28/21-06 Corporate Bond 652482AZ3 9843 16050000SH Sole 16050000 0 0 News Corp., Class A Common 65248E104 439299 66550037SH Sole 61501307 0 5048730 News Corp., Class B Common 65248E203 886 115000SH Sole 115000 0 0 Nokia Oyj Corp. Foreign-ADR 654902204 227 19439SH Sole 19439 0 0 NRG Energy, Inc. Common 629377508 5646 324852SH Sole 280272 0 44580 Occidental Petroleum Corp. Common 674599105 1765816 31684740SH Sole 29239761 0 2444979 PACCAR Inc Common 693718108 84548 3282160SH Sole 2997620 0 284540 Pfizer Inc. Common 717081103 427235 31346097SH Sole 29045307 0 2300790 Philip Morris International Common 718172109 432368 12101673SH Sole 11251317 0 850356 Power Corp. of Canada Foreign Stock 739239101 3300 211720SH Sole 211720 0 0 Principal Financial Group Common 74251V102 36603 4474753SH Sole 4169553 0 305200 Procter & Gamble Co. Common 742718109 854793 18145146SH Sole 16851606 0 1293540 Progressive Corp. Common 743315103 1065416 79718991SH Sole 73947304 0 5771687 Prologis, 2.25% CB 4/01/37 Corporate Bond 743410AQ5 5413 10000000SH Sole 6895000 0 3105000 Quanta Services, Inc. Common 74762E102 15729 733290SH Sole 733290 0 0 Reckson Operating 06/15/25 Corporate Bond 75621LAJ3 8913 10000000SH Sole 10000000 0 0 Regency Centers Corporation Common 758849103 12601 474246SH Sole 0 0 474246 RenaissanceRe Holdings Ltd Common G7496G103 4514 92839SH Sole 73053 0 19786 RHJ Intl RDR Foreign-ADR 749561205 1416 396550SH Sole 396550 0 0 Ryanair Holdings PLC ADR Foreign-ADR 783513104 1213 52469SH Sole 52469 0 0 SAP AG - ADR Foreign-ADR 803054204 17593 503647SH Sole 412151 0 91496 Schering-Plough Corp. Common 806605101 1030491 43741803SH Sole 40134944 0 3606859 School Specialty Inc Common 807863105 2111 120000SH Sole 120000 0 0 School Specialty SCHS 3.75 Corporate Bond 807863AL9 5738 8500000SH Sole 8500000 0 0 School Specialty,CSN Corporate Bond 807863AE5 18675 22101000SH Sole 22101000 0 0 Sealed Air Corp. Common 81211K100 796596 57796161SH Sole 53511719 0 4284442 Shaw Group Inc Common 820280105 18813 683687SH Sole 568262 0 115425 Sigma-Aldrich Corp. Common 826552101 28785 766240SH Sole 626135 0 140105 Simon Property Group Inc. Common 828806109 36229 1047559SH Sole 325159 0 722400 SL Green Realty 7.6250% Preferred 78440X309 7474 758800SH Sole 371570 0 387230 SL Green Realty Corp Common 78440X101 27986 2592715SH Sole 681545 0 1911170 SL Green Realty, 3% CB Corporate Bond 78444FAA4 1208 1969000SH Sole 1459000 0 510000 Staples Inc Common 855030102 47854 2642385SH Sole 2512785 0 129600 State Street Corp. Common 857477103 34558 1122730SH Sole 1067880 0 54850 Sun Life Financial Inc. Foreign Stock 866796105 46100 2581177SH Sole 2394307 0 186870 T. Rowe Price Group, Inc. Common 74144T108 2440 84530SH Sole 84530 0 0 Taubman Centers, Inc. Common 876664103 25476 1496703SH Sole 344803 0 1151900 Tenaris S.A. - ADR Foreign-ADR 88031M109 15496 771305SH Sole 650242 0 121063 Texas Instruments, Inc. Common 882508104 948522 57490605SH Sole 53142847 0 4347758 The First Marblehead Corp. Common 320771108 2230 1728550SH Sole 1728550 0 0 The Hershey Co. Common 427866108 135303 3893606SH Sole 3614881 0 278725 The St Joe Company Common 790148100 16122 964038SH Sole 626203 0 337835 Thornburg Mortgage8% 05/15/13 Corporate Bond 885218AB3 263 14000000SH Sole 14000000 0 0 Transatlantic Holdings Common 893521104 519307 14618196SH Sole 13884162 0 734034 Transocean Ltd. Common H8817H100 396605 6718526SH Sole 6144090 0 574436 Tyco Electronics Ltd. Common G9144P105 88549 8021021SH Sole 7625459 0 395562 Tyco International Ltd. Common H89128104 257105 13180446SH Sole 12181036 0 999410 Tyson Foods Inc Common 902494103 10679 1137300SH Sole 1137300 0 0 Tyson Foods Inc 3.25 10/15/13 Corporate Bond 902494AP8 12355 14000000SH Sole 14000000 0 0 UDR, Inc. Common 902653104 19633 2280234SH Sole 0 0 2280234 Unilever NV Foreign-ADR 904784709 1376 70187SH Sole 70187 0 0 United Parcel Service B Common 911312106 241011 4896609SH Sole 4543271 0 353338 United Rental 1 7/8 10/23-10 Corporate Bond 911365AH7 2753 3720000SH Sole 3720000 0 0 United Rentals Trust I, 6.50% Preferred 91136H306 1187 109741SH Sole 109741 0 0 United Rentals, Inc. Common 911363109 842 200000SH Sole 200000 0 0 UnitedHealth Group Inc. Common 91324P102 583512 27922803SH Sole 26052693 0 1870110 Universal Health Services Common 913903100 7534 196500SH Sole 196500 0 0 Valeant Pharm 4.00 11/15/13 Corporate Bond 91911XAD6 3452 3900000SH Sole 3900000 0 0 Ventas, Inc. Common 92276F100 47823 2116570SH Sole 476899 0 1639671 Visa Inc. Class A Shares Common 92826C839 122064 2195395SH Sole 2055805 0 139590 Vornado Realty Trust Common 929042109 14148 425629SH Sole 0 0 425629 Vornado Realty Trust, Pfd, Preferred 929042703 2452 175000SH Sole 0 0 175000 Vulcan Materials Corp. Common 929160109 360296 8133789SH Sole 7554646 0 579143 Waste Connections Inc. Common 941053100 7710 300000SH Sole 300000 0 0 Waste Connections3.75 4/1/26 Corporate Bond 941053AG5 9270 9000000SH Sole 9000000 0 0 Wells Fargo & Co. Common 949746101 1389966 98417049SH Sole 81101662 0 7315387 Whole Foods Market Inc. Common 966837106 16024 953818SH Sole 953800 0 18 Yahoo! Inc. Common 984332106 13731 1077496SH Sole 853900 0 223596 Yum! Brands, Inc. Common 988498101 31477 1141389SH Sole 928473 0 212916 43756063