Markel Group Inc.
Tom Gayner · As of Q3 2025 · filed Oct 31, 2025
| BRK/A BERKSHIRE HATHAWAY INC-CL A | 6.8% | Held | 1,114 | $840.2M |
| BRK/B BERKSHIRE HATHAWAY INC-CL B | 6.3% | Held | 1,531,971 | $770.2M |
| GOOG ALPHABET INC-CL C | 5.4% | Held | 2,749,860 | $669.7M |
| BN BROOKFIELD CORP | 4.9% | Held | 8,715,741 | $597.7M |
| AMZN AMAZON.COM INC | 3.6% | Held | 2,030,760 | $445.9M |
| DE DEERE & CO | 3.3% | Held | 877,900 | $401.4M |
| HD HOME DEPOT INC | 3.0% | Held | 920,000 | $372.8M |
| V VISA INC-CLASS A SHARES | 2.8% | Held | 999,285 | $341.1M |
| AAPL APPLE INC | 2.5% | Held | 1,227,290 | $312.5M |
| ADI ANALOG DEVICES INC | 2.3% | Held | 1,167,671 | $286.9M |
| GS GOLDMAN SACHS GROUP INC | 2.3% | Held | 359,360 | $286.2M |
| MSFT MICROSOFT CORP | 2.2% | Added +0.9% | 532,080 | $275.6M |
| BLK BLACKROCK INC | 2.1% | Held | 220,200 | $256.7M |
| DIS WALT DISNEY CO | 1.9% | Held | 2,031,665 | $232.6M |
| WSO WATSCO INC | 1.9% | Held | 565,169 | $228.5M |
| BX BLACKSTONE INC | 1.7% | Held | 1,229,000 | $210.0M |
| META META PLATFORMS INC-CLASS A | 1.7% | Held | 280,281 | $205.8M |
| KKR KKR & CO INC | 1.5% | Held | 1,451,800 | $188.7M |
| PGR PROGRESSIVE CORP | 1.5% | Held | 753,750 | $186.1M |
| LPLA LPL FINANCIAL HOLDINGS INC | 1.5% | Added +1.6% | 553,321 | $184.1M |
| LOW LOWE'S COS INC | 1.5% | Added +1.3% | 726,730 | $182.6M |
| AXP AMERICAN EXPRESS CO | 1.3% | Held | 484,250 | $160.8M |
| CAT CATERPILLAR INC | 1.3% | Held | 328,650 | $156.8M |
| RLI RLI CORP | 1.3% | Held | 2,394,544 | $156.2M |
| MRSH MARSH & MCLENNAN COS | 1.2% | Added +0.8% | 755,000 | $152.2M |
| GOOGL ALPHABET INC-CL A | 1.1% | Held | 572,000 | $139.1M |
| FNV FRANCO-NEVADA CORP | 1.1% | Added +6.3% | 605,500 | $135.0M |
| APO APOLLO GLOBAL MANAGEMENT INC | 1.1% | Held | 1,012,500 | $134.9M |
| GD GENERAL DYNAMICS CORP | 1.1% | Held | 391,000 | $133.3M |
| TXN TEXAS INSTRUMENTS INC | 1.1% | Held | 724,000 | $133.0M |
| NVO NOVO-NORDISK A/S-SPONS ADR | 1.1% | Added +4.9% | 2,368,649 | $131.4M |
| DEO DIAGEO PLC-SPONSORED ADR | 1.1% | Held | 1,366,708 | $130.4M |
| SCHW SCHWAB (CHARLES) CORP | 1.1% | Held | 1,364,800 | $130.3M |
| BAM BROOKFIELD ASSET MGMT-A | 1.0% | Held | 2,193,953 | $124.9M |
| MA MASTERCARD INC - A | 1.0% | Held | 207,540 | $118.1M |
| JNJ JOHNSON & JOHNSON | 0.9% | Held | 610,800 | $113.3M |
| MCO MOODY'S CORP | 0.8% | Held | 213,890 | $101.9M |
| HEI/A HEICO CORP-CLASS A | 0.8% | Held | 379,644 | $96.5M |
| NVR NVR INC | 0.8% | Held | 11,897 | $95.6M |
| LIN LINDE PLC | 0.7% | Added +3.3% | 192,850 | $91.6M |
| ADM ARCHER-DANIELS-MIDLAND CO | 0.7% | Reduced −4.3% | 1,505,800 | $90.0M |
| DG DOLLAR GENERAL CORP | 0.7% | Held | 869,250 | $89.8M |
| ROL ROLLINS INC | 0.7% | Added +0.4% | 1,475,775 | $86.7M |
| ITW ILLINOIS TOOL WORKS | 0.7% | Held | 327,500 | $85.4M |
| CG CARLYLE GROUP INC | 0.7% | Held | 1,327,000 | $83.2M |
| MSCI MSCI INC | 0.7% | Held | 142,850 | $81.1M |
| JPM JPMORGAN CHASE & CO | 0.6% | Held | 252,550 | $79.7M |
| NSC NORFOLK SOUTHERN CORP | 0.6% | Added +8.5% | 256,500 | $77.1M |
| ECL ECOLAB INC | 0.6% | Held | 274,300 | $75.1M |
| SPGI S&P GLOBAL INC | 0.6% | Held | 150,690 | $73.3M |
| ITIC INVESTORS TITLE CO | 0.5% | Held | 213,300 | $57.1M |
| ROK ROCKWELL AUTOMATION INC | 0.4% | Held | 154,900 | $54.1M |
| SBUX STARBUCKS CORP | 0.4% | Held | 623,818 | $52.8M |
| THG HANOVER INSURANCE GROUP INC/ | 0.4% | Held | 281,000 | $51.0M |
| ODFL OLD DOMINION FREIGHT LINE | 0.4% | Added +4.8% | 358,750 | $50.5M |
| FDX FEDEX CORP | 0.4% | Held | 213,000 | $50.2M |
| AON AON PLC-CLASS A | 0.4% | Held | 129,800 | $46.3M |
| TSN TYSON FOODS INC-CL A | 0.4% | Added +4.0% | 848,500 | $46.1M |
| ACN ACCENTURE PLC-CL A | 0.3% | Held | 159,400 | $39.3M |
| VRSK VERISK ANALYTICS INC | 0.3% | Held | 155,950 | $39.2M |
| RTX RTX CORP | 0.3% | Held | 224,000 | $37.5M |
| HGTY HAGERTY INC-A | 0.3% | Held | 3,108,000 | $37.5M |
| COST COSTCO WHOLESALE CORP | 0.3% | Held | 39,150 | $36.2M |
| YUM YUM! BRANDS INC | 0.3% | Held | 226,451 | $34.4M |
| FDS FACTSET RESEARCH SYSTEMS INC | 0.3% | Held | 116,720 | $33.4M |
| ALL ALLSTATE CORP | 0.3% | Held | 154,550 | $33.2M |
| FERG FERGUSON ENTERPRISES INC | 0.3% | Added +9.3% | 147,000 | $33.0M |
| SHW SHERWIN-WILLIAMS CO | 0.3% | Held | 94,172 | $32.6M |
| TROW T ROWE PRICE GROUP INC | 0.3% | Held | 314,000 | $32.2M |
| HCA HCA HEALTHCARE INC | 0.3% | Added +9.1% | 75,213 | $32.1M |
| NKE NIKE INC -CL B | 0.3% | Held | 447,400 | $31.2M |
| LMT LOCKHEED MARTIN CORP | 0.3% | Held | 62,263 | $31.1M |
| CMCSA COMCAST CORP-CLASS A | 0.2% | Held | 961,880 | $30.2M |
| UNP UNION PACIFIC CORP | 0.2% | Added +30.3% | 126,778 | $30.0M |
| URI UNITED RENTALS INC | 0.2% | Held | 31,150 | $29.7M |
| ABNB AIRBNB INC-CLASS A | 0.2% | Added +7.1% | 227,133 | $27.6M |
| TMO THERMO FISHER SCIENTIFIC INC | 0.2% | Added +12.6% | 55,800 | $27.1M |
| CSCO CISCO SYSTEMS INC | 0.2% | Added +1.7% | 355,500 | $24.3M |
| BF/A BROWN-FORMAN CORP-CLASS A | 0.2% | Held | 843,000 | $22.7M |
| LAMR LAMAR ADVERTISING CO-A | 0.2% | Added +7.6% | 170,000 | $20.8M |
| COF CAPITAL ONE FINANCIAL CORP | 0.2% | Held | 91,000 | $19.3M |
| MAR MARRIOTT INTERNATIONAL -CL A | 0.2% | Added +21.6% | 73,250 | $19.1M |
| PAYX PAYCHEX INC | 0.2% | Held | 150,000 | $19.0M |
| EFX EQUIFAX INC | 0.2% | Held | 72,850 | $18.7M |
| PM PHILIP MORRIS INTERNATIONAL | 0.2% | Held | 114,500 | $18.6M |
| CCK CROWN HOLDINGS INC | 0.1% | Held | 189,500 | $18.3M |
| SPOT SPOTIFY TECHNOLOGY SA | 0.1% | Held | 25,900 | $18.1M |
| RNR RENAISSANCERE HOLDINGS LTD | 0.1% | Held | 70,000 | $17.8M |
| APD AIR PRODUCTS & CHEMICALS INC | 0.1% | Held | 65,000 | $17.7M |
| WFC WELLS FARGO & CO | 0.1% | Held | 204,450 | $17.1M |
| SHOP SHOPIFY INC - CLASS A | 0.1% | Held | 102,750 | $15.3M |
| SEIC SEI INVESTMENTS COMPANY | 0.1% | Held | 173,200 | $14.7M |
| CARR CARRIER GLOBAL CORP | 0.1% | Held | 235,000 | $14.0M |
| PEP PEPSICO INC | 0.1% | Held | 96,210 | $13.5M |
| BNY BANK OF NEW YORK MELLON CORP | 0.1% | Held | 121,500 | $13.2M |
| BF/B BROWN-FORMAN CORP-CLASS B | 0.1% | Held | 474,187 | $12.8M |
| CHH CHOICE HOTELS INTL INC | 0.1% | Held | 115,500 | $12.3M |
| UBER UBER TECHNOLOGIES INC | 0.1% | Held | 123,500 | $12.1M |
| TGT TARGET CORP | 0.1% | Held | 133,000 | $11.9M |
| HXL HEXCEL CORP | 0.1% | Held | 189,000 | $11.9M |
| FIX COMFORT SYSTEMS USA INC | 0.1% | Held | 13,000 | $10.7M |
| OTIS OTIS WORLDWIDE CORP | 0.1% | Held | 114,620 | $10.5M |
| HSY HERSHEY CO | 0.1% | Held | 54,500 | $10.2M |
| CSX CSX CORP | 0.1% | Added +338.5% | 285,000 | $10.1M |
| SONY SONY GROUP CORP - SP ADR | 0.1% | Held | 335,000 | $9.6M |
| SMG SCOTTS MIRACLE-GRO CO | 0.1% | Held | 168,000 | $9.6M |
| UNH UNITEDHEALTH GROUP INC | 0.1% | Held | 26,500 | $9.2M |
| IQV IQVIA HOLDINGS INC | 0.1% | Reduced −5.5% | 46,900 | $8.9M |
| CME CME GROUP INC | 0.1% | Added +42.2% | 32,000 | $8.6M |
| TRU TRANSUNION | 0.1% | Held | 101,050 | $8.5M |
| CBOE CBOE GLOBAL MARKETS INC | 0.1% | Added +50.0% | 28,500 | $7.0M |
| NSP INSPERITY INC | 0.1% | Held | 131,728 | $6.5M |
| KMX CARMAX INC | 0.0% | Held | 136,500 | $6.1M |
| GHC GRAHAM HOLDINGS CO-CLASS B | 0.0% | Held | 5,200 | $6.1M |
| HII HUNTINGTON INGALLS INDUSTRIE | 0.0% | Held | 20,500 | $5.9M |
| AMAT APPLIED MATERIALS INC | 0.0% | Added +59.1% | 26,250 | $5.4M |
| ADBE ADOBE INC | 0.0% | Held | 14,000 | $4.9M |
| EMN EASTMAN CHEMICAL CO | 0.0% | Held | 74,950 | $4.7M |
| WRB WR BERKLEY CORP | 0.0% | Held | 60,750 | $4.7M |
| EXP EAGLE MATERIALS INC | 0.0% | Added +63.9% | 14,750 | $3.4M |
| AYI ACUITY INC | 0.0% | Held | 9,750 | $3.4M |
| MGM MGM RESORTS INTERNATIONAL | 0.0% | Held | 87,500 | $3.0M |
| SYY SYSCO CORP | 0.0% | Added +27.1% | 30,500 | $2.5M |
| DPZ DOMINO'S PIZZA INC | 0.0% | Held | 5,500 | $2.4M |
| CNI CANADIAN NATL RAILWAY CO | 0.0% | New | 25,000 | $2.4M |
| CP CANADIAN PACIFIC KANSAS CITY | 0.0% | New | 31,000 | $2.3M |
| BC BRUNSWICK CORP | 0.0% | Added +13.6% | 33,500 | $2.1M |
| ICE INTERCONTINENTAL EXCHANGE IN | 0.0% | Added +9.8% | 5,620 | $947K |
| EXMOC EXXON MOBIL CORP | 0.0% | New | 3,000 | $338K |
Sold positions
| Holding | Shares sold | Prior value |
|---|---|---|
| MMM 3M CO | 118,250 | $18.0M |
| OI O-I GLASS INC | 473,700 | $7.0M |
| CE CELANESE CORP | 81,300 | $4.5M |
| GPK GRAPHIC PACKAGING HOLDING CO | 174,000 | $3.7M |
| BALL BALL CORP | 51,000 | $2.9M |
| WTW WILLIS TOWERS WATSON PLC | 8,627 | $2.6M |
| IT GARTNER INC | 5,700 | $2.3M |
| INTU INTUIT INC | 2,720 | $2.1M |
| CSGP COSTAR GROUP INC | 18,600 | $1.5M |
| EL ESTEE LAUDER COMPANIES-CL A | 15,000 | $1.2M |
| BUD ANHEUSER-BUSCH INBEV-SPN ADR | 11,000 | $756K |
Holdings reflect long positions disclosed in 13F filings only and exclude short positions, cash, and other non-13F assets. Holdings data sourced from SEC EDGAR. Not investment advice. Full disclaimer.