DAVENPORT & Co LLC

RIA/Wealth

DAVENPORT & Co LLC is a RIA/Wealth based in Richmond, VA led by Irving Lee Iv Chapman, reporting $22.5B in AUM as of Q3 2025 with BN as the largest holding (3% allocation).

CEOIrving Lee Iv Chapman

Portfolio Value: $18.6B
Positions: 1,188
Top Holding: BN at 3.14%
Last Reported: Q3 2025

AddressOne James Center, 901 East Cary Street, Suite 1100, Richmond, VA, 23219, United States

Top Holdings

Largest long holdings in DAVENPORT & Co LLC's portfolio (19.9% of total portfolio)

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Holding	Sector	Position	Weight	Traded	Ownership	Owned Since
1 Brookfield BN	Asset Management Financial Services	$583.8M	3.14%	-$40.1M Sold	0.57% 8.5M shares	Q4 2022 Held for 2y 11m
2 Microsoft MSFT	Software - Infrastructure Technology	$478.5M	2.58%	-$3.3M Sold	0.01% 924.8K shares	≤ Q2 2013 Held for 12y 5m+
3 Amazon AMZN	Specialty Retail Consumer Cyclical	$451.1M	2.43%	-$1.9M Sold	0.02% 2.1M shares	≤ Q2 2013 Held for 12y 5m+
4 Markel MKL	Insurance - Property & Casualty Financial Services	$391.4M	2.11%	+$620.5K Bought	1.62% 205.0K shares	≤ Q2 2013 Held for 12y 5m+
5 Nvidia NVDA	Semiconductors Technology	$376.0M	2.03%	-$45.0M Sold	0.01% 2.0M shares	Q2 2016 Held for 9y 5m
6 Apple AAPL	Consumer Electronics Technology	$350.0M	1.89%	+$34.7M Bought	0.01% 1.4M shares	≤ Q2 2013 Held for 12y 5m+
7 Meta Platforms, Inc. META	Internet Content & Information Communication Services	$299.5M	1.61%	-$63.4M Sold	0.02% 406.9K shares	≤ Q2 2013 Held for 12y 5m+
8 Berkshire Hathaway BRK.B	Insurance - Diversified Financial Services	$270.4M	1.46%	-$1.6M Sold	0.02% 538.5K shares	Q4 2019 Held for 5y 11m
9 UnitedHealth Group UNH	Medical - Healthcare Plans Healthcare	$255.3M	1.38%	+$53.7M Bought	0.08% 739.5K shares	Q3 2013 Held for 12y 2m
10 Alphabet Inc. GOOGL	Internet Content & Information Communication Services	$234.6M	1.26%	+$1.2M Bought	0.01% 964.6K shares	≤ Q2 2013 Held for 12y 5m+

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Changes

Portfolio activity, position movements, and quarter-over-quarter changes in DAVENPORT & Co LLC's latest filing

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Market Value

$18.6B

Prior: $18.0B

Q/Q Change

+3.22%

+$579.0M

Net Flows % of MV

-1.63%

Turnover Ratio

6.13%

New Purchases

34 stocks

$20.7M

Added To

503 stocks

+$896.4M

Sold Out Of

46 stocks

$68.0M

Reduced Holdings

525 stocks

-$1.2B

Increased Positions

Position	Shares Δ	Change
1 Rocket Lab USA, Inc. RKLB	New	0 → 95.8K +$4.6M
2 Cognition Therapeutics, Inc. CGTX	New	0 → 2.7M +$3.6M
3 Citizens Financial Group CFG	New	0 → 33.4K +$1.8M
4 BitMine Immersion Technologies, Inc. BMNR	New	0 → 21.6K +$1.1M
5 Nutanix, Inc. NTNX	New	0 → 13.4K +$996.6K

Decreased Positions

Position	Shares Δ	Change
1 Six Flags Entertainment FUN	Sold	664.9K → 0 −$20.2M
2 AST SpaceMobile ASTS	Sold	297.2K → 0 −$13.9M
3 Shift4 Payments FOUR	Sold	127.5K → 0 −$12.5M
4 Pacer Trendpilot US Mid Cap PTMC	Sold	72.3K → 0 −$2.5M
5 Invesco Actively Managed Exch-Traded Commodity Fund Invesco Optimum Yield Diversified Commodity Strategy No K-1 PDBC	Sold	136.8K → 0 −$1.8M

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Analytics

Portfolio insights and performance metrics for DAVENPORT & Co LLC

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Sector Allocation

Financial Services

17.00%

Technology

16.00%

Industrials

11.80%

ETF

11.50%

Consumer Cyclical

10.30%

Healthcare

9.00%

Communication Services

6.50%

Energy

3.90%

Real Estate

3.00%

Consumer Defensive

2.80%

Basic Materials

2.80%

Utilities

1.50%

Market Cap Distribution

Mega Cap (> $200B)

29.23%

Large Cap ($10B - $200B)

45.49%

Mid Cap ($2B - $10B)

6.26%

Small Cap ($300M - $2B)

1.94%

Micro Cap ($50M - $300M)

0.03%

Nano Cap (< $50M)

1.59%

N/A (ETF or Unknown)

15.46%

Portfolio Concentration

Top 10 Holdings %

19.88%

Top 20 Holdings %

30.5%

Top 50 Holdings %

52.83%

Top 100 Holdings %

75.27%