Markel Group Inc.
Thomas Gayner Glen Allen, VA 32 13Fs · since 2019 Q1
- AUM $13.1B
- positions 130
- period 2026 Q2
- QoQ +10.0%
- top 5 28.0%
- qoq N 3 E 2 A 14 R 3
- ALPHABET INC - GOOG 7.4%
- BERKSHIRE HATHAWAY INC DEL - BRK.A 6.4%
- BERKSHIRE HATHAWAY INC DEL - BRK.B 5.8%
- DEERE & CO - DE 4.2%
- BROOKFIELD CORP - BN 4.2%
- AMAZON COM INC - AMZN 3.7%
- ANALOG DEVICES INC - ADI 3.0%
- GOLDMAN SACHS GROUP INC - GS 2.8%
- APPLE INC - AAPL 2.7%
- CATERPILLAR INC - CAT 2.7%
- VISA INC - V 2.6%
- HOME DEPOT INC - HD 2.5%
- Other 52.0%
AUM over time
Holdings value
2026 Q2
$13.1B
+10.0% QoQ
showing latest · scroll left for older quarters · scrub to inspect
max $13.1B
Latest book
- New 3
- Exit 2
- Add 14
- Reduce 3
| Stock | % of portfolio | Recent activity | Shares | Reported price* | Value |
|---|---|---|---|---|---|
| ALPHABET INC - GOOG | 7.40% | 2,749,860 | $353.33 | $972M | |
| BERKSHIRE HATHAWAY INC DEL - BRK.A | 6.35% | 1,114 | $748,850 | $834M | |
| BERKSHIRE HATHAWAY INC DEL - BRK.B | 5.84% | 1,531,971 | $500.39 | $767M | |
| DEERE & CO - DE | 4.24% | 877,900 | $634.33 | $557M | |
| BROOKFIELD CORP - BN | 4.24% | 13,073,609 | $42.59 | $557M | |
| AMAZON COM INC - AMZN | 3.69% | 2,030,760 | $238.34 | $484M | |
| ANALOG DEVICES INC - ADI | 3.02% | Reduce −2.3% | 999,671 | $397.17 | $397M |
| GOLDMAN SACHS GROUP INC - GS | 2.77% | 359,360 | $1,011 | $363M | |
| APPLE INC - AAPL | 2.70% | 1,227,290 | $289.36 | $355M | |
| CATERPILLAR INC - CAT | 2.67% | 328,650 | $1,065 | $350M | |
| VISA INC - V | 2.65% | Add +1.0% | 1,013,912 | $343.09 | $348M |
| HOME DEPOT INC - HD | 2.48% | Add +0.3% | 922,500 | $352.68 | $325M |
| WATSCO INC - WSO | 1.90% | Add +2.7% | 597,750 | $416.73 | $249M |
| TEXAS INSTRS INC - TXN | 1.64% | 724,000 | $298.07 | $216M | |
| BLACKROCK INC - BLK | 1.61% | 220,200 | $961.56 | $212M | |
| ALPHABET INC - GOOGL | 1.56% | 572,000 | $357.37 | $204M | |
| MICROSOFT CORP - MSFT | 1.53% | 537,630 | $373.02 | $201M | |
| DISNEY WALT CO - DIS | 1.49% | 2,031,665 | $96.25 | $196M | |
| AMERICAN EXPRESS CO - AXP | 1.26% | 490,450 | $338.25 | $166M | |
| LOWES COS INC - LOW | 1.26% | Add +1.8% | 751,980 | $220.49 | $166M |
| PROGRESSIVE CORP - PGR | 1.25% | 753,750 | $218.45 | $165M | |
| FRANCO NEV CORP - FNV | 1.23% | Add +9.2% | 773,500 | $208.44 | $161M |
| LPL FINL HLDGS INC - LPLA | 1.20% | 559,951 | $281.68 | $158M | |
| JOHNSON & JOHNSON - JNJ | 1.18% | 610,800 | $253.97 | $155M | |
| BLACKSTONE INC - BX | 1.10% | 1,229,000 | $117.67 | $145M | |
| RLI CORP - RLI | 1.08% | 2,394,544 | $59.07 | $141M | |
| GENERAL DYNAMICS CORP - GD | 1.05% | 391,000 | $354.24 | $139M | |
| NOVO-NORDISK A S - NVO | 1.05% | 2,869,774 | $47.94 | $138M | |
| KKR & CO INC - KKR | 1.01% | 1,451,800 | $91.78 | $133M | |
| META PLATFORMS INC - META | 1.00% | Reduce −5.7% | 234,163 | $563.29 | $132M |
| SCHWAB CHARLES CORP - SCHW | 0.98% | Add +0.8% | 1,394,800 | $92.27 | $129M |
| MARSH & MCLENNAN COS INC - MMC | 0.97% | 763,500 | $166.67 | $127M | |
| APOLLO GLOBAL MGMT INC - APO | 0.91% | 1,012,500 | $118.31 | $120M | |
| ARCHER DANIELS MIDLAND CO - ADM | 0.88% | 1,505,800 | $76.40 | $115M | |
| LINDE PLC - LIN | 0.85% | Add +5.4% | 215,600 | $518.94 | $112M |
| DIAGEO PLC - DEO | 0.84% | 1,372,208 | $80.38 | $110M | |
| MASTERCARD INCORPORATED - MA | 0.81% | 207,540 | $513.60 | $107M | |
| DOLLAR GEN CORP - DG | 0.76% | 869,250 | $115.11 | $100M | |
| BROOKFIELD ASSET MANAGMT LTD - BAM | 0.75% | 2,193,953 | $44.85 | $98M | |
| HEICO CORP NEW - HEI | 0.75% | 379,644 | $257.91 | $98M | |
| MOODYS CORP - MCO | 0.74% | 213,890 | $452.92 | $97M | |
| OLD DOMINION FREIGHT LINE IN - ODFL | 0.71% | 429,150 | $216.60 | $93M | |
| NORFOLK SOUTHN CORP - NSC | 0.68% | 282,500 | $314.59 | $89M | |
| ILLINOIS TOOL WKS INC - ITW | 0.67% | 327,500 | $270.47 | $89M | |
| JPMORGAN CHASE & CO - JPM | 0.63% | 252,550 | $327.33 | $83M | |
| NVR INC - NVR | 0.63% | Add +0.1% | 12,097 | $6,813 | $82M |
| MSCI INC - MSCI | 0.61% | 142,850 | $560.04 | $80M | |
| ROCKWELL AUTOMATION INC - ROK | 0.58% | 154,900 | $495.08 | $77M | |
| ECOLAB INC - ECL | 0.58% | 274,300 | $278.61 | $76M | |
| SUNBELT RENTALS HOLDINGS INC - URI | 0.56% | Add +1.1% | 974,361 | $74.81 | $73M |
| SCOTTS MIRACLE-GRO CO - SMG | — | Exit −100% | 0 | $60.81 | — |
| UNITEDHEALTH GROUP INC - UNH | — | Exit −100% | 0 | $270.59 | — |
Showing top 50 of 130 by value · full holdings →
* Reported price is value ÷ shares from the 13F as of period end — not a live market quote. Exit rows sit at the bottom (sorted by prior value): name was held last quarter and is gone this quarter (−100% shares). Among managers we track.
this quarter’s activity
2026 Q2 vs 2026 Q1 · filed 7/31/2026 · 22 meaningful
| Action | Issuer | Δ Shares | Δ Value | Δ Port % |
|---|---|---|---|---|
| New | ZTS · Zoetis Inc. | +66,195 | +$5M | +0.04 pp |
| New | NFLX · Netflix Inc. | +40,000 | +$3M | +0.02 pp |
| New | UFPI · Ufp Industries Inc. | +4,000 | +$363 | 0.00 pp |
| Exit | SMG · Scotts Miracle-Gro Co. | −168,000 | −$10M | −0.09 pp |
| Exit | UNH · Unitedhealth Group Inc. | −18,700 | −$5M | −0.04 pp |
| Add | FNV · Franco Nev Corp. | +65,000 | −$14M | −0.24 pp |
| Add | MELI · Mercadolibre Inc. | +18,550 | +$31M | +0.23 pp |
| Add | EPD · Enterprise Prods Partners L | +367,000 | +$13M | +0.10 pp |
| Add | UNP · Union Pac Corp. | +10,750 | +$7M | +0.03 pp |
| Add | CSX · Csx Corp. | +54,500 | +$6M | +0.03 pp |
| Add | WY · Weyerhaeuser Co. | +102,500 | +$2M | +0.02 pp |
| Add | MAR · Marriott Intl Inc. New | +5,750 | +$6M | +0.02 pp |
| Add | XOM · Exxon Mobil Corp. | +9,100 | −$304 | −0.01 pp |
| Add | CP · Canadian Pacific Kansas City | +13,500 | +$2M | +0.01 pp |
| Add | FERG · Ferguson Enterprises Inc. | +9,500 | +$3M | −0.01 pp |
| Add | APD · Air Products And Chemicals I | +13,000 | +$4M | +0.01 pp |
| Add | LIN · Linde PLC | +11,000 | +$10M | 0.00 pp |
| Add | OTIS · Otis Worldwide Corp. | +19,000 | +$732 | 0.00 pp |
| Add | TMO · Thermo Fisher Scientific Inc. | +6,000 | +$4M | 0.00 pp |
| Reduce | ADI · Analog Devices Inc. | −23,574 | +$72M | +0.30 pp |
| Reduce | META · Meta Platforms Inc. | −14,140 | −$10M | −0.19 pp |
| Reduce | CMCSA · Comcast Corp. New | −159,806 | −$8M | −0.08 pp |
filings history
32 periods · normalized AUM · click period for holdings
| Period | Holdings | AUM | QoQ | Form | Filed | Filing ID |
|---|---|---|---|---|---|---|
| 2026 Q2 | 130 | $13.1B | +10.0% | 13F-HR | 7/31/2026 | 000109634326000065 |
| 2026 Q1 | 129 | $11.9B | −4.8% | 13F-HR | 5/1/2026 | 000109634326000044 |
| 2025 Q4 | 128 | $12.5B | +1.8% | 13F-HR | 2/6/2026 | 000109634326000011 |
| 2025 Q3 | 129 | $12.3B | +4.2% | 13F-HR | 10/31/2025 | 000162828025047842 |
| 2025 Q2 | 137 | $11.8B | +5.0% | 13F-HR | 8/1/2025 | 000109634325000124 |
| 2025 Q1 | 135 | $11.3B | −0.7% | 13F-HR | 5/2/2025 | 000109634325000062 |
| 2024 Q4 | 132 | $11.3B | +2.1% | 13F-HR | 2/7/2025 | 000109634325000011 |
| 2024 Q3 | 132 | $11.1B | +9.3% | 13F-HR | 11/1/2024 | 000109634324000124 |
| 2024 Q2 | 134 | $10.2B | +0.3% | 13F-HR | 8/2/2024 | 000109634324000109 |
| 2024 Q1 | 132 | $10.1B | +10.2% | 13F-HR | 5/3/2024 | 000109634324000058 |
| 2023 Q4 | 128 | $9.2B | +11.0% | 13F-HR | 2/2/2024 | 000095012324000655 |
| 2023 Q3 | 133 | $8.3B | −1.4% | 13F-HR | 11/3/2023 | 000095012323009387 |
| 2023 Q2 | 131 | $8.4B | +6.9% | 13F-HR | 8/4/2023 | 000095012323006704 |
| 2023 Q1 | 131 | $7.9B | +5.4% | 13F-HR | 4/28/2023 | 000095012323003485 |
| 2022 Q4 | 134 | $7.5B | +10.1% | 13F-HR | 2/3/2023 | 000095012323000745 |
| 2022 Q3 | 131 | $6.8B | −3.1% | 13F-HR | 11/4/2022 | 000095012322010875 |
| 2022 Q2 | 131 | $7B | −16.7% | 13F-HR | 8/5/2022 | 000095012322007858 |
| 2022 Q1 | 2 | $34M | — | NEW HOLDINGS | 6/13/2022 | 000095012322006857 |
| 2022 Q1 | 124 | $8.4B | −3.4% | 13F-HR | 4/29/2022 | 000095012322004384 |
| 2021 Q4 | 2 | $45M | — | NEW HOLDINGS | 6/13/2022 | 000095012322006858 |
| 2021 Q4 | 118 | $8.7B | +9.9% | 13F-HR | 2/4/2022 | 000095012322001021 |
| 2021 Q3 | 125 | $7.9B | +0.1% | 13F-HR | 11/5/2021 | 000095012321014078 |
| 2021 Q2 | 125 | $7.9B | +9.3% | 13F-HR | 8/6/2021 | 000095012321009862 |
| 2021 Q1 | 118 | $7.2B | +7.6% | 13F-HR | 4/30/2021 | 000095012321005159 |
| 2020 Q4 | 115 | $6.7B | +13.8% | 13F-HR | 2/5/2021 | 000095012321001096 |
| 2020 Q3 | 113 | $5.9B | +9.9% | 13F-HR | 10/30/2020 | 000095012320010627 |
| 2020 Q2 | 113 | $5.4B | +1.0% | 13F-HR | 8/3/2020 | 000095012320007487 |
| 2020 Q1 | 130 | $5.3B | −26.2% | 13F-HR | 5/1/2020 | 000095012320003783 |
| 2019 Q4 | 134 | $7.2B | +8.8% | 13F-HR | 2/7/2020 | 000095012320001131 |
| 2019 Q3 | 132 | $6.6B | +1.8% | 13F-HR | 11/1/2019 | 000095012319009968 |
| 2019 Q2 | 137 | $6.5B | +9.0% | 13F-HR | 8/2/2019 | 000095012319006968 |
| 2019 Q1 | 133 | $6B | — | 13F-HR | 5/3/2019 | 000095012319003906 |
About
Markel Group Inc.
32 processed 13Fs · since 2019 Q1