Full text of DAVIS DISTRIBUTORS, LLC's X-17A-5 filed 2026-02-27 (period 2025-12-31). Broker-dealer annual report from SEC EDGAR — readable, searchable, and available as markdown for AI agents.
{0}------------------------------------------------ #### **DAVIS DISTRIBUTORS, LLC** A Subsidiary Of Davis Selected Advisers, L.P. SEC I.D. No. 39258 ANNUAL REPORT FORM X-17A-5 For the Year Ended December 31, 2025 Exemption Report and Reports of Independent Registered Public Accounting Firm Filed in accordance with Rule 17a-5(e)(3) under the Securities Exchange Act of 1934 as a PUBLIC DOCUMENT {1}------------------------------------------------ #### CONTENTS | | PAGE | |----------------------------------------------------------------------|------| | REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM | 1 | | FINANCIAL STATEMENTS: | | | STATEMENT OF FINANCIAL CONDITION | 2 | | STATEMENT OF OPERATIONS | 3 | | STATEMENT OF CHANGES IN SHAREHOLDERS' EQUITY | 4 | | STATEMENT OF CASH FLOWS | 5 | | NOTES TO FINANCIAL STATEMENTS | 6 | | SUPPLEMENTAL SCHEDULES: | | | COMPUTATION OF NET CAPITAL FOR BROKERS AND DEALERS PURSUANT | | | TO RULE 15c3-1 UNDER THE SECURITIES EXCHANGE ACT OF 1934 | 10 | | COMPUTATION FOR DETERMINATION OF THE RESERVE REQUIREMENTS UNDER | | | EXHIBIT A OF § 240.15c3-3 | 11 | | INFORMATION RELATING TO THE POSSESSION OR CONTROL REQUIREMENTS UNDER | | | § 240.15c3-3 | 12 | | REVIEW REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM | 13 | | | | | EXEMPTION REPORT | 14 | {2}------------------------------------------------ #### UNITEDSTATES OVE Number:3235-013 SECURITIES AND EXCHANGE COMMISSION Expires:Nov.30,2026 Washington, D.C. 20549 Estimated average burden hours per response: [2 ## FORM X-17A-5 PART lI | Information<br>Required<br>Pursuant | FACING<br>PAGE<br>to<br>Rules<br>17a-5,17a-12,<br>and<br>18a-7 | under<br>the<br>Securities | Act of<br>Exchange<br>1934 | | |-------------------------------------------------------------------------------------------------|---------------------------------------------------------------------------------------------------------------|------------------------------------------|------------------------------|--| | BEGINNING I<br>FILINGFOR<br>THEPERIOD | 1/2025 | ening 12/31/2025<br>anp | | | | MM/DD/YY<br>MM/DD/YY | | | | | | | A.<br>REGISTRANTIDENTIFICATION | | | | | Davis<br>NAMEoF<br>firm: | LLC<br>Distributors<br>, | | | | | TYPEOF<br>REGISTRANT{check<br>[1<br>[=]<br>Broker-dealer<br>[J Checkhere<br>if respondent<br>is | all applicable<br>boxes}:<br>[1<br>Security-based<br>swap<br>dealer<br>also<br>an<br>OTCderivatives<br>dealer | Major<br>security-based | swap<br>participant | | | ADDRESSOFPRIN…Read the full text as markdown