Verdicts genuinely change. Free email alert the moment DRFAX's does — no target price to set, unlike "Alert" above.
Whether this fund clears the published standards, and the filings behind that answer. The screen runs first and nothing on the trading side can override it.
Structure, momentum, positioning and levels. Separate from the Sharia verdict above, which this side never overrides.
Davis Research Fund · DAVIS NEW YORK VENTURE FUND INC
66 holdings
NON-COMPLIANT 31.90% of portfolio weight is in non-compliant holdings, over the 5% threshold.
66 holdings, 47 matched (74% of weight). Portfolio as of 2026-07-31, filed 2026-09-28. Source: SEC Form N-PORT.
3.15% of this portfolio’s income is non-permissible — weighted across holdings, computed over 58% of portfolio weight (39 of 66 holdings). The common approach purifies that proportion of income received — dividends — not of the position’s value. We report the ratio; what to do with it is a question for your own scholar.
23.8% compliant 17.9% questionable 31.9% non-compliant 26.3% unscreened
| Holding | Status | Weight | Every methodology, and the debt ratio behind it |
|---|---|---|---|
| AMZN AMAZON.COM INC | QUESTIONABLE | 7.87% | AAOIFI8.2% Usmani22.1% Dow Jones Islamic9.6% S&P Shariah10.6% MSCI Islamic20.9% MSCI Islamic M-Series10.6% FTSE Shariah12.1% |
| MSFT MICROSOFT CORP | QUESTIONABLE | 5.98% | AAOIFI1.5% Usmani7.5% Dow Jones Islamic1.7% S&P Shariah1.8% MSCI Islamic7.5% MSCI Islamic M-Series1.8% FTSE Shariah5.3% |
| STONEX REPO | UNSCREENED | 5.08% | no in-house ratios for this holding |
| SAP SAP SE | COMPLIANT | 4.95% | AAOIFI3.5% Usmani13.0% Dow Jones Islamic3.1% S&P Shariah3.4% MSCI Islamic10.6% MSCI Islamic M-Series3.4% FTSE Shariah10.6% |
| BRK.B BERKSHIRE HATHAWAY INC CL B | NON_COMPLIANT | 3.90% | no in-house ratios for this holding |
| US BANCORP | UNSCREENED | 3.85% | no in-house ratios for this holding |
| MKL MARKEL GROUP INC | NON_COMPLIANT | 3.51% | AAOIFI19.3% Usmani6.1% Dow Jones Islamic18.3% S&P Shariah19.5% MSCI Islamic6.1% MSCI Islamic M-Series19.5% FTSE Shariah6.1% |
| Nomura Repo | UNSCREENED | 2.95% | no in-house ratios for this holding |
| COF CAPITAL ONE FINANCIAL CORP | NON_COMPLIANT | 2.69% | AAOIFI38.5% Usmani7.6% Dow Jones Islamic49.3% S&P Shariah60.5% MSCI Islamic7.6% MSCI Islamic M-Series60.5% FTSE Shariah7.6% |
| FITB FIFTH THIRD BANCORP | NON_COMPLIANT | 2.61% | AAOIFI45.0% Usmani7.4% Dow Jones Islamic67.1% S&P Shariah76.4% MSCI Islamic7.4% MSCI Islamic M-Series76.4% FTSE Shariah7.4% |
| BRK.B BERKSHIRE HATHAWAY INC CL A | NON_COMPLIANT | 2.60% | no in-house ratios for this holding |
| WELLS FARGO + CO | UNSCREENED | 2.55% | no in-house ratios for this holding |
| TXN TEXAS INSTRUMENTS INC | COMPLIANT | 2.42% | AAOIFI5.9% Usmani39.2% Dow Jones Islamic7.6% S&P Shariah8.1% MSCI Islamic39.2% MSCI Islamic M-Series8.1% FTSE Shariah39.2% |
| ADBE ADOBE INC | COMPLIANT | 2.14% | AAOIFI4.5% Usmani22.6% Dow Jones Islamic4.6% S&P Shariah3.8% MSCI Islamic22.6% MSCI Islamic M-Series3.8% FTSE Shariah21.2% |
| BREAN REPO | UNSCREENED | 1.84% | no in-house ratios for this holding |
| META META PLATFORMS INC CLASS A | QUESTIONABLE | 1.77% | AAOIFI7.2% Usmani25.0% Dow Jones Islamic7.0% S&P Shariah7.9% MSCI Islamic25.0% MSCI Islamic M-Series7.9% FTSE Shariah18.6% |
| DANSKE.CO DANSKE BANK A/S | NON_COMPLIANT | 1.65% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| NVDA NVIDIA CORP | COMPLIANT | 1.55% | AAOIFI1.1% Usmani12.1% Dow Jones Islamic0.9% S&P Shariah1.1% MSCI Islamic12.1% MSCI Islamic M-Series1.1% FTSE Shariah10.4% |
| GOOG ALPHABET INC CL C | QUESTIONABLE | 1.52% | AAOIFI2.9% Usmani13.1% Dow Jones Islamic3.9% S&P Shariah4.5% MSCI Islamic12.8% MSCI Islamic M-Series4.5% FTSE Shariah10.9% |
| RNR RENAISSANCERE HOLDINGS LTD | NON_COMPLIANT | 1.49% | AAOIFI17.0% Usmani4.2% Dow Jones Islamic18.5% S&P Shariah19.2% MSCI Islamic4.2% MSCI Islamic M-Series19.2% FTSE Shariah4.2% |
| DVN DEVON ENERGY CORP | COMPLIANT | 1.46% | AAOIFI22.3% Usmani16.8% Dow Jones Islamic46.9% S&P Shariah45.5% MSCI Islamic16.7% MSCI Islamic M-Series45.5% FTSE Shariah16.1% |
| AMAT APPLIED MATERIALS INC | COMPLIANT | 1.44% | AAOIFI1.9% Usmani16.6% Dow Jones Islamic3.4% S&P Shariah3.7% MSCI Islamic16.6% MSCI Islamic M-Series3.7% FTSE Shariah14.8% |
| TAIWAN SEMICONDUCTOR MANUFAC | UNSCREENED | 1.34% | no in-house ratios for this holding |
| PRX.AS PROSUS NV | NON_COMPLIANT | 1.33% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| FULL TRUCK ALLIANCE SPN ADR | UNSCREENED | 1.29% | no in-house ratios for this holding |
| JBS NV A | UNSCREENED | 1.29% | no in-house ratios for this holding |
| 005930.KS SAMSUNG ELECTRONICS CO LTD | COMPLIANT | 1.26% | AAOIFI1.4% Usmani5.3% Dow Jones Islamicpass S&P Shariahpass MSCI Islamic4.5% MSCI Islamic M-Seriespass FTSE Shariah4.5% |
| BAER.SW JULIUS BAER GROUP LTD | NON_COMPLIANT | 1.24% | AAOIFI28.4% Usmani4.0% Dow Jones Islamicfail S&P Shariahfail MSCI Islamic4.0% MSCI Islamic M-Seriesfail FTSE Shariah4.0% |
| SE SEA LTD ADR | COMPLIANT | 1.21% | AAOIFI3.7% Usmani8.8% Dow Jones Islamic3.3% S&P Shariah4.1% MSCI Islamic8.6% MSCI Islamic M-Series4.1% FTSE Shariah3.6% |
| LYONDELLBASELL INDU CL A | UNSCREENED | 1.18% | no in-house ratios for this holding |
| DGX QUEST DIAGNOSTICS INC | COMPLIANT | 1.14% | AAOIFI24.4% Usmani37.7% Dow Jones Islamic32.1% S&P Shariah35.4% MSCI Islamic37.7% MSCI Islamic M-Series35.4% FTSE Shariah33.3% |
| COP CONOCOPHILLIPS | COMPLIANT | 1.11% | AAOIFI14.4% Usmani18.7% Dow Jones Islamic19.1% S&P Shariah18.8% MSCI Islamic18.7% MSCI Islamic M-Series18.8% FTSE Shariah18.7% |
| RKT ROCKET COS INC CLASS A | NON_COMPLIANT | 0.99% | AAOIFI27.1% Usmani17.7% Dow Jones Islamic24.8% S&P Shariah26.9% MSCI Islamic17.7% MSCI Islamic M-Series26.9% FTSE Shariah17.7% |
| MGM MGM RESORTS INTERNATIONAL | NON_COMPLIANT | 0.97% | AAOIFI288.8% Usmani75.7% Dow Jones Islamic297.5% S&P Shariah266.6% MSCI Islamic75.2% MSCI Islamic M-Series266.6% FTSE Shariah15.2% |
| APP APPLOVIN CORP CLASS A | COMPLIANT | 0.95% | AAOIFI— Usmani— Dow Jones Islamic— S&P Shariah— MSCI Islamic— MSCI Islamic M-Series— FTSE Shariah— |
| TOURMALINE OIL CORP | UNSCREENED | 0.95% | no in-house ratios for this holding |
| ORCL ORACLE CORP | NON_COMPLIANT | 0.93% | AAOIFI34.1% Usmani64.0% Dow Jones Islamic30.7% S&P Shariah35.2% MSCI Islamic61.0% MSCI Islamic M-Series35.2% FTSE Shariah49.5% |
| LRCX LAM RESEARCH CORP | COMPLIANT | 0.92% | AAOIFI1.0% Usmani17.5% Dow Jones Islamic2.1% S&P Shariah2.4% MSCI Islamic17.5% MSCI Islamic M-Series2.4% FTSE Shariah15.8% |
| CRM SALESFORCE INC | COMPLIANT | 0.92% | AAOIFI— Usmani— Dow Jones Islamic— S&P Shariah— MSCI Islamic— MSCI Islamic M-Series— FTSE Shariah— |
| VTRS VIATRIS INC | NON_COMPLIANT | 0.89% | AAOIFI65.8% Usmani38.9% Dow Jones Islamic100.2% S&P Shariah105.1% MSCI Islamic38.9% MSCI Islamic M-Series105.1% FTSE Shariah38.1% |
| 6415.TW SILERGY CORP | COMPLIANT | 0.86% | AAOIFIpass Usmanifail Dow Jones Islamicpass S&P Shariahpass MSCI Islamicfail MSCI Islamic M-Seriespass FTSE Shariahfail |
| CVS CVS HEALTH CORP | NON_COMPLIANT | 0.82% | AAOIFI61.7% Usmani30.1% Dow Jones Islamic84.9% S&P Shariah88.7% MSCI Islamic30.1% MSCI Islamic M-Series88.7% FTSE Shariah24.2% |
| DHER.DE DELIVERY HERO SE | NON_COMPLIANT | 0.82% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| SNPS SYNOPSYS INC | COMPLIANT | 0.80% | AAOIFI14.4% Usmani22.7% Dow Jones Islamic13.2% S&P Shariah13.2% MSCI Islamic22.7% MSCI Islamic M-Series13.2% FTSE Shariah21.0% |
| TSN TYSON FOODS INC CL A | NON_COMPLIANT | 0.80% | AAOIFI45.2% Usmani22.5% Dow Jones Islamic40.2% S&P Shariah41.7% MSCI Islamic22.5% MSCI Islamic M-Series41.7% FTSE Shariah22.5% |
| L LOEWS CORP | NON_COMPLIANT | 0.76% | AAOIFI40.0% Usmani10.2% Dow Jones Islamic44.3% S&P Shariah47.6% MSCI Islamic10.2% MSCI Islamic M-Series47.6% FTSE Shariah10.2% |
| PINS PINTEREST INC CLASS A | QUESTIONABLE | 0.74% | AAOIFI1.9% Usmani4.5% Dow Jones Islamic1.4% S&P Shariah1.3% MSCI Islamic4.5% MSCI Islamic M-Series1.3% FTSE Shariah0.0% |
| CROWN HOLDINGS INC | UNSCREENED | 0.73% | no in-house ratios for this holding |
| NOW SERVICENOW INC | COMPLIANT | 0.69% | AAOIFI6.1% Usmani26.7% Dow Jones Islamic5.0% S&P Shariah5.3% MSCI Islamic26.7% MSCI Islamic M-Series5.3% FTSE Shariah23.7% |
| PING AN INSURANCE GROUP CO H | UNSCREENED | 0.62% | no in-house ratios for this holding |
| TECK RESOURCES LTD CLS B | UNSCREENED | 0.57% | no in-house ratios for this holding |
| SANY HEAVY INDUSTRY CO LTD H | UNSCREENED | 0.56% | no in-house ratios for this holding |
| 92S.SG DIDI GLOBAL INC | NON_COMPLIANT | 0.55% | AAOIFI46.9% Usmani9.5% Dow Jones Islamicfail S&P Shariahfail MSCI Islamic8.7% MSCI Islamic M-Seriesfail FTSE Shariah8.7% |
| 1299.HK AIA GROUP LTD | NON_COMPLIANT | 0.54% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| SOLV SOLVENTUM CORP | NON_COMPLIANT | 0.53% | AAOIFI32.5% Usmani37.1% Dow Jones Islamic39.6% S&P Shariah41.1% MSCI Islamic35.7% MSCI Islamic M-Series41.1% FTSE Shariah35.7% |
| JOHNSON CONTROLS INTERNATION | UNSCREENED | 0.47% | no in-house ratios for this holding |
| CI CIGNA GROUP | NON_COMPLIANT | 0.47% | AAOIFI42.7% Usmani20.3% Dow Jones Islamic40.5% S&P Shariah38.8% MSCI Islamic20.3% MSCI Islamic M-Series38.8% FTSE Shariah20.3% |
| ENT.L ENTAIN PLC | NON_COMPLIANT | 0.43% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| RESTAURANT BRANDS INTERN | UNSCREENED | 0.43% | no in-house ratios for this holding |
| OC OWENS CORNING | NON_COMPLIANT | 0.41% | AAOIFI43.5% Usmani37.4% Dow Jones Islamic40.6% S&P Shariah39.3% MSCI Islamic37.4% MSCI Islamic M-Series39.3% FTSE Shariah33.2% |
| NASPERS LTD N SHS | UNSCREENED | 0.40% | no in-house ratios for this holding |
| D05.SI DBS GROUP HOLDINGS LTD | NON_COMPLIANT | 0.35% | AAOIFI33.5% Usmani8.4% Dow Jones Islamicfail S&P Shariahfail MSCI Islamic8.4% MSCI Islamic M-Seriesfail FTSE Shariah8.4% |
| UNH UNITEDHEALTH GROUP INC | NON_COMPLIANT | 0.35% | AAOIFI20.4% Usmani23.7% Dow Jones Islamic20.4% S&P Shariah18.8% MSCI Islamic23.7% MSCI Islamic M-Series18.8% FTSE Shariah23.7% |
| 8001.T ITOCHU CORP | NON_COMPLIANT | 0.25% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicpass MSCI Islamic M-Seriesfail FTSE Shariahpass |
| AGCO CORP | UNSCREENED | 0.21% | no in-house ratios for this holding |
| ANGI INC | UNSCREENED | 0.03% | no in-house ratios for this holding |
The published standards disagree about this fund by 7 points of portfolio weight — 40.2% of it passes AAOIFI, 33.0% passes MSCI Islamic. Which number is yours depends on which standard you follow.
These bars are the financial-ratio result under each standard — debt, receivables and interest income. They do not screen what the business does, so a holding can pass every ratio here and still be questionable or non-compliant on activity. The blended verdict above accounts for both.
ratios pass on 40.2% ratios fail on 25.1% 34.7% not rated under AAOIFI
ratios pass on 36.6% ratios fail on 26.0% 37.3% not rated under Usmani
ratios pass on 39.6% ratios fail on 25.6% 34.7% not rated under Dow Jones Islamic
ratios pass on 37.6% ratios fail on 27.7% 34.7% not rated under S&P Shariah
ratios pass on 33.0% ratios fail on 28.1% 38.8% not rated under MSCI Islamic
ratios pass on 37.6% ratios fail on 27.7% 34.7% not rated under MSCI Islamic M-Series
ratios pass on 38.4% ratios fail on 24.2% 37.3% not rated under FTSE Shariah
45 of 66 listed holdings carry our own per-methodology verdicts (67% of weight). The rest hold a provider verdict with no methodology breakdown, and are counted as rated by none. Of those, 36 (59% of weight) also carry the underlying debt ratio; the rest show a verdict without the figure behind it.
| Non-compliant holding | Weight |
|---|---|
| BRK.B BERKSHIRE HATHAWAY INC CL B | 3.90% |
| MKL MARKEL GROUP INC | 3.51% |
| COF CAPITAL ONE FINANCIAL CORP | 2.69% |
| FITB FIFTH THIRD BANCORP | 2.61% |
| BRK.B BERKSHIRE HATHAWAY INC CL A | 2.60% |
| DANSKE.CO DANSKE BANK A/S | 1.65% |
| RNR RENAISSANCERE HOLDINGS LTD | 1.49% |
| PRX.AS PROSUS NV | 1.33% |
| BAER.SW JULIUS BAER GROUP LTD | 1.24% |
| RKT ROCKET COS INC CLASS A | 0.99% |
Whether the technical picture shows an edge right now. Separate from the Sharia verdict, which this side never overrides.
Davis Research Fund (DRFAX) is currently considered not halal (non-compliant), per our own look-through to its filed holdings. See its filed holdings and the weight breakdown below for the reasoning.
HTR reads the fund's filed holdings and screens each one, then reports the result by weight. A holding it cannot cover far enough is reported as unrated rather than counted as a pass.
| Holding | Weight | Verdict |
|---|---|---|
| AMZNAMAZON.COM INC | 7.87% | Questionable |
| MSFTMICROSOFT CORP | 5.98% | Questionable |
| STONEX REPOnot matched to a ticker | 5.08% | Not screened |
| SAPSAP SE | 4.95% | Compliant |
| BRK.BBERKSHIRE HATHAWAY INC CL B | 3.90% | Non-compliant |
| US BANCORPnot matched to a ticker | 3.85% | Not screened |
| MKLMARKEL GROUP INC | 3.51% | Non-compliant |
| Nomura Reponot matched to a ticker | 2.95% | Not screened |
| COFCAPITAL ONE FINANCIAL CORP | 2.69% | Non-compliant |
| FITBFIFTH THIRD BANCORP | 2.61% | Non-compliant |
Top 10 of 66 holdings, 43.4% of the fund by weight. Every holding is screened, not only these.
The positions keeping this fund short of 100% compliant by weight.
Verdict history for DRFAX. A verdict that never moved is recorded too, so a quiet history reads as measured rather than missing.
ℹ️ no compliance scan has run for 3 days - this is not a reading of today
Market structure by timeframe, read from real bars. A bias per timeframe rather than a forecast — timeframes disagreeing is information, not noise.
The questions worth asking about any verdict on this page, answered plainly.
No. HTR reads the fund's filed holdings and screens each one, then reports the result by weight. A fund marketed as Islamic still gets the same look-through as any other.
It is the share of the fund whose holdings HTR cannot cover far enough to rate. It is reported as unrated rather than counted as compliant, because a holding nobody screened should not look like one that passed.
It matters, and it is noted, but it does not replace the look-through. The board's judgement and the holdings screen are shown separately so you can see when they agree and when they do not.
When the fund files new holdings, and on a rolling basis besides. The date on the verdict above is the last time this fund was actually recomputed.
Open research, not a fatwa. HTR applies published screening standards to filings and publishes what they say, including when they disagree. Nothing here is financial advice or a recommendation to buy or sell. Verdicts can change when new filings land.
Same screen, different answers. Comparison is where the standards disagreeing becomes useful rather than confusing.
Peer screening computing — it will appear here on its own.
Plain-language summary of the evidence already on this page — the Sharia screen, structure, momentum, and order flow above. It explains the read; it doesn't make the call. Generated on demand (a live AI call), never run automatically.