Markel Group Inc. Thomas Gayner

Glen Allen, VA 23 processed 13Fs on this site, 2021 Q3 to 2026 Q3

$12.8B
145 holdings
2026 Q3
−2.2% QoQ
Top 5 28.1%

Thomas Gayner's biggest moves in 2026 Q3 were opening Zebra Technologies and Mobility Global, adding to Watsco and Home Depot, trimming Deere and Meta Platforms, and selling out of Brown & Brown.

Portfolio

2026 Q3, filed 10/30/2026, top 12 of 145 holdings

Top 5 28.1%, top 10 43.4%

AUM over time

2026 Q3 $12.8B −2.2% QoQ

Q3 2021

Q1 2022

Q1 2023

Q1 2024

Q1 2025

Q1 2026

Latest book

2026 Q3 2026 Q2, filed 2d ago, long equity only

Download CSV Download Excel All activity


GOOG, Alphabet Class C	7.30%	Hold	2,749,860	$340.74	$937M	—	—
BRK.A, Berkshire Hathaway Class A	6.48%	Hold	1,114	$747,005	$832M	—	—
BRK.B, Berkshire Hathaway Class B	5.94%	Hold	1,531,971	$497.95	$763M	—	—
DE, Deere	4.50%	Reduce −1.9%	861,150	$671.55	$578M	−16,750	+$21M
AMZN, Amazon	3.94%	Hold	2,030,760	$249.15	$506M	—	—
BN, Brookfield Corporation	3.71%	Hold	13,073,609	$36.46	$477M	—	—
AAPL, Apple	3.18%	Hold	1,227,290	$333.02	$409M	—	—
ADI, Analog Devices	3.09%	Hold	999,671	$396.71	$397M	—	—
V, Visa	2.84%	Hold	1,013,912	$359.33	$364M	—	—
GS, Goldman Sachs	2.52%	Hold	359,360	$900.36	$324M	—	—
MSFT, Microsoft	2.15%	Hold	537,630	$512.90	$276M	—	—
CAT, Caterpillar	2.08%	Hold	328,650	$810.79	$266M	—	—
HD, Home Depot	2.07%	Add +1.0%	932,000	$284.49	$265M	+9,500	−$60M
BLK, BlackRock	1.82%	Hold	220,200	$1,058	$233M	—	—
DIS, Disney	1.67%, was 1.49%	Add +0.4%	2,039,165	$104.90	$214M	+7,500	+$18M
TXN, Texas Instruments	1.58%	Hold	724,000	$280.09	$203M	—	—
WSO, Watsco	1.47%	Add +4.2%	623,010	$302.69	$189M	+25,260	−$61M
FNV, Franco Nev	1.46%, was 1.23%	Add +1.7%	787,000	$238.11	$187M	+13,500	+$26M
GOOGL, Alphabet Class A	1.39%, was 1.56%	Reduce −9.1%	519,975	$344.08	$179M	−52,025	−$26M
LPLA, LPL Financial	1.35%, was 1.20%	Add +1.1%	566,132	$305.80	$173M	+6,181	+$15M
JNJ, Johnson & Johnson	1.26%	Hold	610,800	$264.74	$162M	—	—
PGR, Progressive	1.22%	Hold	753,750	$207.31	$156M	—	—
META, Meta Platforms	1.18%	Reduce −10.7%	209,163	$725.18	$152M	−25,000	+$20M
AXP, American Express	1.16%	Hold	490,450	$304.10	$149M	—	—
LOW, Lowe's	1.09%	Add +1.3%	761,480	$184.29	$140M	+9,500	−$25M
BX, Blackstone	1.07%	Hold	1,229,000	$112.09	$138M	—	—
SCHW, Charles Schwab	1.06%	Hold	1,394,800	$97.74	$136M	—	—
RLI, RLI Corp	1.04%	Add +1.1%	2,421,922	$55.31	$134M	+27,378	−$7.5M
KKR	1.03%	Hold	1,451,800	$91.30	$133M	—	—
MMC, Marsh McLennan	1.02%	Hold	763,500	$170.73	$130M	—	—
GD, General Dynamics	1.01%	Hold	391,000	$331.83	$130M	—	—
ADM, Archer-Daniels-Midland	0.93%	Hold	1,505,800	$79.38	$120M	—	—
APO, Apollo Global Management	0.92%	Hold	1,012,500	$116.06	$118M	—	—
DEO, Diageo	0.91%	Hold	1,372,208	$85.60	$117M	—	—
MA, Mastercard	0.89%	Hold	207,540	$551.47	$114M	—	—
NVO, Novo Nordisk	0.85%	Hold	2,869,774	$37.91	$109M	—	—
LIN, Linde	0.82%	Add +2.3%	220,600	$474.65	$105M	+5,000	−$7.2M
DG, Dollar General	0.81%	Hold	869,250	$119.58	$104M	—	—
MCO, Moody's	0.76%	Hold	213,890	$454.13	$97M	—	—
BAM, Brookfield Asset Management	0.75%	Reduce −0.9%	2,173,953	$44.58	$97M	−20,000	−$1.5M
NSC, Norfolk Southern	0.68%	Hold	282,500	$309.00	$87M	—	—
HEI, Heico	0.68%	Hold	379,644	$228.33	$87M	—	—
ITW, Illinois Tool Works	0.66%	Hold	327,500	$257.28	$84M	—	—
JPM, JPMorgan Chase	0.65%	Hold	252,550	$330.83	$84M	—	—
MSCI	0.60%	Hold	142,850	$538.66	$77M	—	—
ECL, Ecolab	0.59%	Hold	274,300	$274.58	$75M	—	—
NVR	0.58%	Add +0.6%	12,167	$6,154	$75M	+70	−$7.5M
ODFL, Old Dominion Freight Line	0.58%	Hold	429,150	$173.84	$75M	—	—
URI, Sunbelt Rentals	0.56%	Add +0.9%	983,207	$73.21	$72M	+8,846	−$911K
ROK, Rockwell Automation	0.53%	Hold	154,900	$435.33	$67M	—	—
ITIC, Investors Title Co. NC	0.47%	Hold	213,300	$282.90	$60M	—	—
THG, Hanover Insurance Group	0.47%	Hold	281,000	$214.12	$60M	—	—
SBUX, Starbucks	0.46%	Hold	623,818	$93.96	$59M	—	—
CG, Carlyle Group	0.41%	Hold	1,327,000	$39.66	$53M	—	—
TMO, Thermo Fisher Scientific	0.39%, was 0.28%	Add +1.4%	74,100	$675.05	$50M	+1,000	+$13M
ROL, Rollins	0.37%	Add +4.3%	1,581,025	$30.12	$48M	+64,500	−$16M
SPGI, S&P Global	0.36%	Hold	117,690	$394.47	$46M	—	—
TSN, Tyson Foods	0.36%	Hold	913,500	$50.53	$46M	—	—
UNP, Union Pacific	0.35%, was 0.33%	Add +3.1%	166,028	$272.13	$45M	+5,000	+$1.4M
HGTY, Hagerty	0.33%	Hold	3,108,000	$13.46	$42M	—	—
MELI, MercadoLibre	0.33%, was 0.31%	Add +0.8%	24,200	$1,729	$42M	+200	+$1.1M
RTX	0.32%	Hold	224,000	$185.65	$42M	—	—
FERG, Ferguson	0.32%	Add +2.2%	184,200	$222.62	$41M	+4,000	−$1.8M
CSCO, Cisco	0.30%	Hold	355,500	$107.63	$38M	—	—
AON, Aon	0.29%	Hold	135,800	$276.77	$38M	—	—
FDS, FactSet	0.28%	Hold	135,376	$269.95	$37M	—	—
HCA, HCA Healthcare	0.28%, was 0.25%	Add +0.7%	84,972	$426.74	$36M	+606	+$3.4M
MAR, Marriott	0.28%	Add +0.3%	99,750	$355.67	$35M	+250	−$1.4M
ALL, Allstate	0.27%	Hold	154,550	$221.86	$34M	—	—
LMT, Lockheed Martin	0.26%	Hold	65,213	$509.25	$33M	—	—
TROW, T. Rowe Price	0.25%	Hold	314,000	$104.05	$33M	—	—
URI, United Rentals	0.24%	Hold	31,150	$1,001	$31M	—	—
COST, Costco	0.24%, was 0.28%	Reduce −13.8%	33,748	$910.34	$31M	−5,402	−$5.9M
SHW, Sherwin-Williams	0.24%	Hold	94,172	$323.27	$30M	—	—
ZTS, Zoetis	0.23%, was 0.04%	Add +542.5%	425,296	$69.83	$30M	+359,101	+$25M
ACN, Accenture	0.23%	Hold	159,400	$183.37	$29M	—	—
LAMR, Lamar Advertising	0.22%	Hold	193,000	$144.11	$28M	—	—
CSX	0.22%, was 0.21%	Add +2.2%	597,500	$46.51	$28M	+13,000	+$8K
VRSK, Verisk	0.20%	Hold	155,950	$167.85	$26M	—	—
APD, Air Products	0.20%	Add +4.8%	92,750	$278.23	$26M	+4,250	−$141K
CCK, Crown	0.18%	Hold	220,000	$105.41	$23M	—	—
BF.A, Brown-Forman Class A	0.18%	Hold	843,000	$26.83	$23M	—	—
RNR, RenaissanceRe	0.17%	Hold	70,000	$318.23	$22M	—	—
PM, Philip Morris International	0.17%	Hold	114,500	$190.82	$22M	—	—
EPD, Enterprise Products Partners	0.17%, was 0.16%	Add +7.6%	612,000	$35.61	$22M	+43,000	+$877K
FIX, Comfort Systems USA	0.17%	Hold	13,000	$1,654	$22M	—	—
YUM, Yum Brands	0.15%, was 0.30%	Reduce −42.1%	142,059	$136.34	$19M	−103,154	−$20M
AMAT, Applied Materials	0.14%	Hold	36,350	$511.38	$19M	—	—
BK, BNY	0.14%	Hold	124,500	$144.63	$18M	—	—
SEIC, Sei Investments	0.14%	Hold	173,200	$102.66	$18M	—	—
COF, Capital One	0.14%	Hold	91,000	$193.07	$18M	—	—
WFC, Wells Fargo	0.13%	Hold	204,450	$80.05	$16M	—	—
HXL, Hexcel	0.12%	Hold	189,000	$83.92	$16M	—	—
NKE, Nike	0.12%	Hold	447,400	$35.40	$16M	—	—
SHOP, Shopify	0.12%	Hold	102,750	$148.30	$15M	—	—
PAYX, Paychex	0.12%	Hold	150,000	$98.50	$15M	—	—
CARR, Carrier Global	0.10%	Add +2.1%	240,000	$54.86	$13M	+5,000	−$4.1M
CME, CME Group	0.10%	Hold	49,750	$261.98	$13M	—	—
SPOT, Spotify	0.10%	Hold	25,900	$487.38	$13M	—	—
IQV, IQVIA	0.10%	Hold	46,900	$268.85	$13M	—	—
BF.B, Brown-Forman Class B	0.10%	Hold	474,187	$26.20	$12M	—	—
PEP, PepsiCo	0.09%	Hold	96,210	$126.72	$12M	—	—
CBOE, Cboe Global Markets	0.09%	Hold	43,700	$275.29	$12M	—	—
HSY, Hershey	0.09%	Hold	75,000	$157.61	$12M	—	—
ABNB, Airbnb	0.09%, was 0.26%	Reduce −69.7%	73,355	$160.65	$12M	−169,034	−$23M
EFX, Equifax	0.08%	Hold	72,850	$137.24	$10M	—	—
XOM, Exxon Mobil	0.08%	New	60,400	$162.75	$9.8M	+60,400	+$9.8M
UBER, Uber	0.08%	Hold	142,500	$68.51	$9.8M	—	—
OTIS, Otis Worldwide	0.07%	Add +9.0%	145,620	$64.32	$9.4M	+12,000	−$201K
NSP, Insperity	0.07%	Hold	181,336	$46.59	$8.4M	—	—
SONY, Sony	0.06%	Hold	335,000	$23.53	$7.9M	—	—
KMX, CarMax	0.06%	Hold	136,500	$55.11	$7.5M	—	—
HII, Huntington Ingalls Industries	0.06%	Hold	27,500	$267.07	$7.3M	—	—
CP, Canadian Pacific Kansas City	0.05%	Add +8.9%	79,500	$85.10	$6.8M	+6,500	+$440K
CNI, Canadian National Railway	0.05%	Hold	53,500	$118.90	$6.4M	—	—
CMCSA, Comcast	0.05%, was 0.15%	Reduce −64.1%	288,334	$21.76	$6.3M	−513,740	−$13M
GHC, Graham	0.05%	Hold	5,200	$1,135	$5.9M	—	—
EMN, Eastman Chemical	0.04%	Hold	74,950	$64.84	$4.9M	—	—
NFLX, Netflix	0.04%, was 0.02%	Add +68.8%	67,500	$69.58	$4.7M	+27,500	+$1.8M
ICE, Intercontinental Exchange	0.03%	Hold	28,870	$152.03	$4.4M	—	—
WRB, Berkley	0.03%	Hold	60,750	$67.54	$4.1M	—	—
WY, Weyerhaeuser	0.03%, was 0.02%	Add +68.3%	202,000	$19.05	$3.8M	+82,000	+$975K
BC, Brunswick	0.03%	Hold	51,250	$64.24	$3.3M	—	—
AYI, Acuity	0.02%	Hold	9,750	$309.81	$3M	—	—
MGM, MGM Resorts	0.02%	Hold	87,500	$31.05	$2.7M	—	—
EXP, Eagle Materials	0.02%	Hold	14,750	$171.02	$2.5M	—	—
SYY, Sysco	0.02%	Hold	30,500	$77.96	$2.4M	—	—
ZBRA, Zebra Technologies	0.02%	New	6,300	$373.31	$2.4M	+6,300	+$2.4M
Mobility Global	0.02%	New	117,690	$17.15	$2M	+117,690	+$2M
Silicon Laboratories	0.01%	New	8,292	$221.58	$1.8M	+8,292	+$1.8M
TYL, Tyler Technologies	0.01%	New	5,400	$318.60	$1.7M	+5,400	+$1.7M
Vista Gold	0.01%	New	615,000	$2.71	$1.7M	+615,000	+$1.7M
DPZ, Domino's Pizza	0.01%	Hold	5,500	$299.61	$1.6M	—	—
WSC, Willscot	0.01%	New	90,000	$17.18	$1.5M	+90,000	+$1.5M
XPO, XPO Logistics	0.01%	New	8,674	$175.98	$1.5M	+8,674	+$1.5M
XYL, Xylem	0.01%	New	12,283	$101.27	$1.2M	+12,283	+$1.2M
Watts Water Technologies	0.01%	New	3,377	$354.18	$1.2M	+3,377	+$1.2M
UFPI, Ufp Industries	0.01%	Add +250.0%	14,000	$77.22	$1.1M	+10,000	+$718K
VVV, Valvoline	0.01%	New	33,760	$30.14	$1M	+33,760	+$1M
Xpel	0.01%	New	20,872	$44.17	$922K	+20,872	+$922K
TOST, Toast	0.01%	New	27,000	$28.99	$783K	+27,000	+$783K
Chiron Real Estate	0.01%	New	21,631	$34.76	$752K	+21,631	+$752K
SITE, Siteone Landscape Supply	0.01%	New	7,956	$90.31	$719K	+7,956	+$719K

Showing top 50 of 143 by value

Exits / last held

Gone since 2026 Q2, shown at their last reported size.

Stock	% of portfolio	Recent activity	Shares	Reported price*	Value	Share change	$ change
XOM, Exxon Mobil	0.06%	Exit	0	$136.72	$7.7M	−56,100	−$7.7M
BRO, Brown & Brown	0.01%	Exit	0	$64.14	$898K	−14,000	−$898K

Filings history

21 periods, with AUM normalized

Newest 13Fs

Period	Holds	AUM	QoQ	Form	Filed	Filing ID
2026 Q3	145	$12.8B	−2.2%	13F-HR	10/30/2026	000109634326000085
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 holds	6/13/2022	000095012322006857
2022 Q1	124	$8.4B	−3.4%	13F-HR	4/29/2022	000095012322004384
2021 Q4	2	$45M	—	new holds	6/13/2022	000095012322006858
2021 Q4	118	$8.7B	+9.9%	13F-HR	2/4/2022	000095012322001021
2021 Q3	125	$7.9B	—	13F-HR	11/5/2021	000095012321014078

About

Markel Group Inc.

23 processed 13Fs on this site, 2021 Q3 to 2026 Q3

Entity: Markel Group Inc.
Notable person: Thomas Gayner
Location: Glen Allen, VA
All SEC filings: View on sec.gov