13F-HR/A 1 amended213f123109final.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: December 31, 2009 Check here if Amendment [2]; Amendment Number: This Amendment (Check only one.): [ ] is a restatement. [X] 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 March 3, 2010 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: 201 Form 13F Information Table Value Total: $65.6 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 ------------------------------ ----------- --------- -------- -------- -------------- ------- -------- ------ -------- ABB Limited ADR 000375204 336257 17605083SH SOLE 1620981 0 1344102 Ace Limited Common H0023R105 12474 247500SH SOLE 247500 0 0 Activision Blizzard, Inc. Common 00507V109 301370 27126013SH SOLE 24757426 0 2368587 AES Corp. Common 00130H105 178883 13439771SH SOLE 12632701 0 807070 AES Trust III,6.75%,10/15/29 Preferred 00808N202 13357 288810SH SOLE 288810 0 0 Agilent Technologies, Inc. Common 00846U101 876987 28226173SH SOLE 25779618 0 2446555 Alexander & Baldwin, Inc. Common 014482103 18522 541096SH SOLE 368544 0 172552 Alexandria Real Estate Equit Common 015271109 141705 2204154SH SOLE 284234 0 1919920 Alexandria Real Estate Pfd 7% Preferred 015271505 21075 971210SH SOLE 971210 0 0 Allegheny Tech. 4.25 6/1/14 Bond 01741RAD4 5475 4000000SH SOLE 4000000 0 0 Allegheny Technologies, Inc. Common 01741R102 4298 96000SH SOLE 96000 0 0 Amazon.Com, Inc. Common 023135106 266289 1979548SH SOLE 1819637 0 159911 AMB PPTY CORP COM Common 00163T109 238 9333SH SOLE 9017 0 316 AMB Property 6.75% Preferred 00163T406 6381 300000SH SOLE 206200 0 93800 America Movil S.A.B. ADR 02364W105 12554 267230SH SOLE 238635 0 28595 American Campus Commu Common 024835100 129517 4609149SH SOLE 698592 0 3910557 American Express Co. Common 025816109 2937143 72486265SH SOLE 66943999 0 5542266 American Tower Corp Cl A Common 029912201 4454 103073SH SOLE 83487 0 19586 Ameriprise Financial, Inc. Common 03076C106 488171 12575236SH SOLE 12042956 0 532280 Aon Corp. Common 037389103 1238 32300SH SOLE 32300 0 0 AVALONBAY CMNTYS INC COM Common 053484101 237 2885SH SOLE 2785 0 100 Avon Products, Inc. Common 054303102 8936 283680SH SOLE 283680 0 0 Banco Santander Brasil SA ADR 05967A107 11353 814386SH SOLE 715165 0 99221 Bank of America Corp. Common 060505104 60225 3999004SH SOLE 3843908 0 155096 Bank of New York Mellon Corp. Common 064058100 1835801 65634657SH SOLE 60862096 0 4772561 Becton, Dickinson and Company Common 075887109 683214 8663638SH SOLE 7885870 0 777768 Bed Bath + Beyond Inc. Common 075896100 910358 23578291SH SOLE 21697134 0 1881157 Berkshire Hathaway Inc., A Common 084670108 2272176 22905SH SOLE 22041 0 864 Berkshire Hathaway Inc., B Common 084670207 642061 195393SH SOLE 149536 0 45857 Blount International, Inc. Common 095180105 18717 1853207SH SOLE 1606080 0 247127 Boston Properties, Inc. Common 101121101 111591 1663795SH SOLE 212460 0 1451335 Brookfield Asset Management Foreign 112585104 239769 10810145SH SOLE 9746247 0 1063898 Brown & Brown, Inc. Common 115236101 1803 100309SH SOLE 81686 0 18623 Canadian Natural Resources Foreign 136385101 1792099 24907558SH SOLE 23031578 0 1875980 Cardinal Health Inc. Common 14149Y108 361588 11215522SH SOLE 10223345 0 992177 Carefusion Corp. Common 14170T101 141801 5669785SH SOLE 5164754 0 505031 CarMax, Inc. Common 143130102 529512 21835531SH SOLE 20105466 0 1730065 CBL & Assoc Prop., 7.375% Preferred 124830605 4149 214900SH SOLE 139100 0 75800 CBL & Associates Properties Common 124830100 39285 4062588SH SOLE 520989 0 3541599 Charles Schwab Corp. Common 808513105 25007 1328761SH SOLE 1114571 0 214190 China Life Insurance, Co. ADR 16939P106 29535 402663SH SOLE 402663 0 0 Cisco Systems, Inc. Common 17275R102 7798 325712SH SOLE 250145 0 75567 Citigroup Inc. Common 172967101 11803 3565760SH SOLE 3565760 0 0 Citigroup Inc. 7.5% 12/15/12 Preferred 172967416 4174 40000SH SOLE 40000 0 0 Clark Holdings, Inc. Common 18145M109 571 1493715SH SOLE 1493715 0 0 CME Group Inc. Common 12572Q105 507 1510SH SOLE 1510 0 0 Coca Cola Co Common 191216100 441411 7744061SH SOLE 7200028 0 544033 Cogdell Spencer, Inc. Common 19238U107 11319 1999778SH SOLE 1012297 0 987481 Comcast Corp - Special A Common 20030N200 480556 30015989SH SOLE 27292970 0 2723019 ConocoPhillips Common 20825C104 291530 5708431SH SOLE 5275995 0 432436 Continental Airlines Fin Preferred 210796306 3851 161300SH SOLE 161300 0 0 Corporate Office Prop Common 22002T108 155403 4242508SH SOLE 582912 0 3659596 Costco Wholesale Corp. Common 22160K105 2778069 46950634SH SOLE 42975346 0 3975288 Cousins Properties, Inc. Common 222795106 27407 3591946SH SOLE 996938 0 2595008 CVS Caremark Corp. Common 126650100 1585462 49222674SH SOLE 45151756 0 4070918 D & B Corp. Common 26483E100 668560 7924146SH SOLE 7593530 0 330616 DCT Industrial Trust Inc. Common 233153105 88725 17674247SH SOLE 2818110 0 14856137 Devon Energy Corp. Common 25179M103 2180886 29671920SH SOLE 27192985 0 2478935 Diageo PLC - ADR ADR 25243Q205 337802 4866764SH SOLE 3848875 0 1017889 Digital Realty LP DLR -A Preferred 253868202 6278 250000SH SOLE 86231 0 163769 Digital Realty LP DLR - D Preferred 253868608 4589 150000SH SOLE 97000 0 53000 Digital Realty LP DLR 4.125 Bond 25389JAA4 2776 1750000SH SOLE 1750000 0 0 Digital Realty LP DLR 5.5% Bond 25389JAC0 16981 13000000SH SOLE 13000000 0 0 Digital Realty Trust Inc. Common 253868103 129170 2569013SH SOLE 309254 0 2259759 DIRECTV Common 25490A101 312274 9363538SH SOLE 8567939 0 795599 Disney Walt Holdings Common 254687106 623964 19347718SH SOLE 17501751 0 1845967 Douglas Emmett, Inc. Common 25960P109 79180 5556482SH SOLE 1051865 0 4504617 Eastman Kodak 04/01/17, Bond 2774618Z5 3650 4000000SH SOLE 4000000 0 0 EOG Resources, Inc. Common 26875P101 2307075 23710941SH SOLE 21723298 0 1987643 Equity Residential Common 29476L107 215 6352SH SOLE 6253 0 99 Equity Residential - E Preferred 29476L883 2399 63200SH SOLE 49600 0 13600 Essex Property Trust, Inc. Common 297178105 116057 1387412SH SOLE 175556 0 1211856 ETRADE Financial Corp. Common 269246104 1819 1033250SH SOLE 831433 0 201817 Everest Re Group, Ltd. Common G3223R108 93375 1089815SH SOLE 1048673 0 41142 Exelon Corp. Common 30161N101 2331 47706SH SOLE 47706 0 0 Expeditors Int'l of Wash Common 302130109 506 14540SH SOLE 14540 0 0 Express Scripts Inc - A Common 302182100 944747 10932042SH SOLE 10079071 0 852971 Fairchild Semiconductor Inter Common 303726103 4452 445597SH SOLE 445597 0 0 Fairfax Financial Holdings Foreign 303901102 230616 591384SH SOLE 546204 0 45180 Federal Realty Investment Tr Common 313747206 124325 1835871SH SOLE 232371 0 1603500 Forest City Ent FCE 3.625 Bond 345550AK3 22914 23000000SH SOLE 23000000 0 0 Forest City Ent FCE 5 Bond 345550AL1 3263 3000000SH SOLE 3000000 0 0 Forest City Enterprises Inc. Common 345550107 25122 2132593SH SOLE 1216668 0 915925 FPIC Insurance Group, Inc. Common 302563101 9249 239494SH SOLE 239494 0 0 Freeport-Mc C&G 6.75 5/01/10 Preferred 35671D782 9201 80000SH SOLE 80000 0 0 GAM Holdings Ltd. Foreign B1WHVV3 230132 19004922SH SOLE 17299042 0 1705880 Garmin Ltd. Common G37260109 1890 61550SH SOLE 57796 0 3754 General Electric Co. Common 369604103 6373 421200SH SOLE 421200 0 0 Goldman Sachs Group Inc. Common 38141G104 389464 2306702SH SOLE 2139612 0 167090 Google Inc. Class A Common 38259P508 1343446 2166918SH SOLE 1970130 0 196788 Grupo Televisa SA ADR 40049J206 324299 15621346SH SOLE 14171306 0 1450040 H & R Block, Inc. Common 093671105 577980 25551719SH SOLE 23658844 0 1892875 Harley-Davidson 15%, 2/1/14 Bond 412822AC2 365980 2.99E+08SH SOLE 286000000 0 13000000 Harley-Davidson, Inc. Common 412822108 649768 25784430SH SOLE 23705817 0 2078613 Harris Corporation Common 413875105 21897 460511SH SOLE 373334 0 87177 Hartford Fin Svcs Group Inc. Common 416515104 77162 3317370SH SOLE 2792430 0 524940 Heineken Holding NV Foreign B0CCH46 668851 15992369SH SOLE 14742164 0 1250205 Hewlett Packard Co. Common 428236103 1081487 20995671SH SOLE 19270236 0 1725435 Highwoods Properties Inc. Common 431284108 91086 2731217SH SOLE 0 0 2731217 Host Hotels & Resorts Inc. Common 44107P104 80358 6885845SH SOLE 653323 0 6232522 Hunter Douglas N.V. Foreign 5291810 123630 2528907SH SOLE 2341023 0 187884 ICICI Bank Limited -ADR ADR 45104G104 7429 197000SH SOLE 197000 0 0 IDEXX Laboratories, Inc. Common 45168D104 34053 637104SH SOLE 523384 0 113720 Intel Corp 2.95 12/15/2035 Bond 458140AD2 9168 9500000SH SOLE 9500000 0 0 Intel Corp 3.25 8/1/39 144a Bond 458140AF7 9190 8000000SH SOLE 8000000 0 0 Intel Corp. Common 458140100 1122 55000SH SOLE 55000 0 0 IBM Common 459200101 9372 71597SH SOLE 59742 0 11855 International Rectifier Corp. Common 460254105 6452 291700SH SOLE 291700 0 0 Iron Mountain Inc. Common 462846106 941594 41370565SH SOLE 37747622 0 3622943 ISHARES TR S&P500/BARRA VL Common 464287408 3796 71600SH SOLE 71530 0 70 Janus Capital GR JNS3.25 Bond 47102XAG0 301 250000SH SOLE 250000 0 0 Johnson & Johnson Common 478160104 1483007 23024486SH SOLE 21003043 0 2021443 Johnson Controls, Inc. Common 478366107 3375 123916SH SOLE 96295 0 27621 JPMorgan Chase & Co. Common 46625H100 1793876 43049579SH SOLE 39656891 0 3392688 Julius Baer Group Ltd. Foreign B4R2R50 678773 19300622SH SOLE 17596532 0 1704090 Kimco Realty Corp. Common 49446R109 51027 3771370SH SOLE 0 0 3771370 Kohls Corp Bond Bond 500255AP9 2766 2500000SH SOLE 2500000 0 0 Kohls Corp. Common 500255104 16605 307900SH SOLE 307900 0 0 Kuehne & Nagel Inter Foreign B142S60 325401 3346739SH SOLE 3071893 0 274846 Laboratory Corporation Common 50540R409 284123 3796412SH SOLE 3448576 0 347836 LaSalle Hotel Properties Common 517942108 49749 2343356SH SOLE 384019 0 1959337 Level 3 Com 10% 5/1/2011 Bond 52729NBE9 101000 1E+08SH SOLE 100000000 0 0 Level 3 Com 15% 1/15/2013 Bond 52729NBM1 50000 40000000SH SOLE 40000000 0 0 Liberty Global, Inc. - C Common 530555309 208 9500SH SOLE 9500 0 0 Liberty Media - Starz A Common 53071M708 42419 919165SH SOLE 842737 0 76428 Liberty Media Interactive A Common 53071M104 127625 11773509SH SOLE 10757522 0 1015987 Loews Corp. Common 540424108 1813915 49901383SH SOLE 46025435 0 3875948 Macerich Co Common 554382101 2828 78677SH SOLE 50406 0 28271 Markel Corp. Common 570535104 121471 357268SH SOLE 326096 0 31172 Martin Marietta Materials Common 573284106 558425 6245665SH SOLE 5908340 0 337325 Masco Corp, 6.125 10/03/16 Bond 574599BD7 9529 10000000SH SOLE 10000000 0 0 Masco Corp. Common 574599106 7843 567900SH SOLE 567900 0 0 Mead Johnson Nutrition Co Common 582839106 212389 4860169SH SOLE 4439425 0 420744 Merck & Co., Inc. Common 58933Y105 1779271 48693788SH SOLE 44514390 0 4179398 Microsoft Corp. Common 594918104 1626086 53349264SH SOLE 48974430 0 4374834 Millipore Corporation Common 601073109 1982 27400SH SOLE 27400 0 0 Monsanto Co. Common 61166W101 330388 4041441SH SOLE 3675358 0 366083 Moody's Corp. Common 615369105 514123 19183686SH SOLE 17677184 0 1506502 Nabors 0.94 Cpn Conv Bond Bond 629568AP1 2444 2500000SH SOLE 2500000 0 0 Nabors Industries Ltd. Common G6359F103 10332 472000SH SOLE 472000 0 0 NetEase.com Inc. - ADR ADR 64110W102 22381 594910SH SOLE 505474 0 89436 News America 02/28/21-06 Bond 652482AZ3 10568 16050000SH SOLE 16050000 0 0 News Corp., Class A Common 65248E104 920767 67258342SH SOLE 61556228 0 5702114 Nokia Oyj Corp. - ADR ADR 654902204 273 21209SH SOLE 21209 0 0 Occidental Petroleum Corp. Common 674599105 2539887 31221725SH SOLE 28473460 0 2748265 PACCAR Inc Common 693718108 90855 2504970SH SOLE 2256740 0 248230 Pfizer Inc. Common 717081103 587046 32273017SH SOLE 29582353 0 2690664 Philip Morris Inter Common 718172109 589857 12240235SH SOLE 11262471 0 977764 Potash Corp Saskatchewan Foreign 73755L107 146301 1348393SH SOLE 1244947 0 103446 Power Corp. of Canada Foreign 739239101 3793 135810SH SOLE 135810 0 0 Principal Financial Group Common 74251V102 111043 4619113SH SOLE 4239483 0 379630 Procter & Gamble Co. Common 742718109 1170484 19305359SH SOLE 17803120 0 1502239 Progressive Corp. Common 743315103 1465087 81438942SH SOLE 74809298 0 6629644 ProLogis Common 743410102 74164 5417381SH SOLE 676521 0 4740860 Prologis, 2.25% 4/01/37 Bond 743410AQ5 9275 10000000SH SOLE 6895000 0 3105000 Quanta Services, Inc. Common 74762E102 15073 723290SH SOLE 723290 0 0 Reckson Operating 06/15/25 Bond 75621LAJ3 8955 9000000SH SOLE 9000000 0 0 Regency Centers Corporation Common 758849103 78058 2226406SH SOLE 359396 0 1867010 RenaissanceRe Holdings Ltd Common G7496G103 3071 57779SH SOLE 44289 0 13490 Ryanair Holdings PLC ADR ADR 783513104 4265 159069SH SOLE 159069 0 0 SAP AG - ADR ADR 803054204 24119 515248SH SOLE 423086 0 92162 School Specialty Inc Common 807863105 2808 120000SH SOLE 120000 0 0 School Specialty SCHS 3.75 Bond 807863AL9 8064 8500000SH SOLE 8500000 0 0 School Specialty, Inc., Bond 807863AE5 21687 22101000SH SOLE 22101000 0 0 Sealed Air Corp. Common 81211K100 1288373 58937467SH SOLE 53908497 0 5028970 Shaw Group Inc. Common 820280105 24826 863509SH SOLE 699119 0 164390 Sigma-Aldrich Corp. Common 826552101 39514 781676SH SOLE 637014 0 144662 Simon Property Group Inc. Common 828806109 130613 1636760SH SOLE 208541 0 1428219 SL GREEN RLTY CORP COM Common 78440X101 219 4350SH SOLE 4209 0 141 T. Rowe Price Group, Inc. Common 74144T108 3752 70460SH SOLE 70460 0 0 Taubman Centers, Inc. Common 876664103 113766 3168080SH SOLE 383667 0 2784413 Tenaris S.A. - ADR ADR 88031M109 34683 813192SH SOLE 684586 0 128606 Texas Instruments, Inc. Common 882508104 1224039 46970036SH SOLE 42990384 0 3979652 The First Marblehead Corp. Common 320771108 4113 1930844SH SOLE 1930844 0 0 The Hershey Co. Common 427866108 143944 4021916SH SOLE 3705386 0 316530 Thornburg Mortg 8%05/15/13 Bond 885218AB3 928 14000000SH SOLE 14000000 0 0 Transatlantic Holdings Common 893521104 788077 15123338SH SOLE 13984622 0 1138716 Transocean Ltd. Common H8817H100 571044 6896672SH SOLE 6248833 0 647839 Tyco International Ltd. Common H89128104 465989 13060216SH SOLE 11959136 0 1101080 Tyson Foods3 .25 10/15/13 Bond 902494AP8 14420 14000000SH SOLE 14000000 0 0 Tyson Foods Inc. Common 902494103 11685 952300SH SOLE 952300 0 0 UDR, Inc. Common 902653104 78186 4755814SH SOLE 0 0 4755814 United Parcel Service, Inc. Common 911312106 290815 5069118SH SOLE 4647241 0 421877 United Rental 1 7/8 10/23-10 Bond 911365AH7 3618 3720000SH SOLE 3720000 0 0 United Rentals Trust I, 6.50% Preferred 91136H306 3244 109741SH SOLE 109741 0 0 United Rentals, Inc. Common 911363109 1962 200000SH SOLE 200000 0 0 UnitedHealth Group Inc. Common 91324P102 84792 2781889SH SOLE 2557422 0 224467 Universal Health Services Common 913903100 9486 311000SH SOLE 311000 0 0 US Steel Corp 4% 05/15/14 Bond 912909AE8 8432 4500000SH SOLE 4500000 0 0 Vale SA-Sp Pref ADR ADR 91912E204 2001 80619SH SOLE 80619 0 0 Valeant Pharm4.0 11/15/13 Bond 91911XAD6 4661 3900000SH SOLE 3900000 0 0 Ventas, Inc. Common 92276F100 124898 2855456SH SOLE 440831 0 2414625 Visa Inc. Class A Shares Common 92826C839 198741 2272365SH SOLE 2104845 0 167520 Vornado Realty Trust Common 929042109 86904 1242547SH SOLE 218207 0 1024340 Vornado Realty Trust, Pfd, Preferred 929042703 3827 175000SH SOLE 0 0 175000 Vulcan Materials Corp. Common 929160109 436382 8285206SH SOLE 7628110 0 657096 Waste Conn 3.75 4/1/26 Bond 941053AG5 9675 9000000SH SOLE 9000000 0 0 Waste Connections Inc. Common 941053100 9669 290000SH SOLE 290000 0 0 Wells Fargo & Co. Common 949746101 2823386 1.05E+08SH SOLE 85972100 0 8636493 Whole Foods Market Inc. Common 966837106 17782 647800SH SOLE 647800 0 0 Yum! Brands, Inc. Common 988498101 42294 1209435SH SOLE 979427 0 230008