Chris Davis acquired 2.38M Texas Instruments shares worth $446M. That's 2.32% of their equity portfolio (15th largest holding). The first Texas Instruments trade was made in Q3 1999. Since then Chris Davis bought shares fourteen more times and sold shares on 57 occasions. The stake costed the investor $77M, netting the investor a gain of 479% so far.
Davis Funds, an investment management firm, published its ¡°Davis Opportunity Fund¡± fourth-quarter 2021 investor letter ¨C a copy of which can be downloaded here.