Markel Group Inc.
Tom Gayner · As of Q4 2025 · filed Feb 6, 2026
| GOOG ALPHABET INC-CL C | 6.9% | Held | 2,749,860 | $862.9M |
| BRK/A BERKSHIRE HATHAWAY INC-CL A | 6.7% | Held | 1,114 | $840.8M |
| BRK/B BERKSHIRE HATHAWAY INC-CL B | 6.1% | Held | 1,531,971 | $770.0M |
| BN BROOKFIELD CORP | 4.8% | Added +50.0% | 13,073,609 | $599.9M |
| AMZN AMAZON.COM INC | 3.7% | Held | 2,030,760 | $468.7M |
| DE DEERE & CO | 3.3% | Held | 877,900 | $408.7M |
| V VISA INC-CLASS A SHARES | 2.8% | Held | 999,285 | $350.5M |
| AAPL APPLE INC | 2.7% | Held | 1,227,290 | $333.7M |
| HD HOME DEPOT INC | 2.5% | Held | 920,000 | $316.6M |
| GS GOLDMAN SACHS GROUP INC | 2.5% | Held | 359,360 | $315.9M |
| ADI ANALOG DEVICES INC | 2.2% | Reduced −12.4% | 1,023,245 | $277.5M |
| MSFT MICROSOFT CORP | 2.1% | Added +0.7% | 535,680 | $259.1M |
| BLK BLACKROCK INC | 1.9% | Held | 220,200 | $235.7M |
| DIS WALT DISNEY CO | 1.8% | Held | 2,031,665 | $231.1M |
| LPLA LPL FINANCIAL HOLDINGS INC | 1.6% | Added +1.2% | 559,951 | $200.0M |
| WSO WATSCO INC | 1.6% | Added +2.2% | 577,669 | $194.6M |
| BX BLACKSTONE INC | 1.5% | Held | 1,229,000 | $189.4M |
| CAT CATERPILLAR INC | 1.5% | Held | 328,650 | $188.3M |
| KKR KKR & CO INC | 1.5% | Held | 1,451,800 | $185.1M |
| AXP AMERICAN EXPRESS CO | 1.4% | Added +0.9% | 488,500 | $180.7M |
| GOOGL ALPHABET INC-CL A | 1.4% | Held | 572,000 | $179.0M |
| LOW LOWE'S COS INC | 1.4% | Added +1.1% | 734,480 | $177.1M |
| PGR PROGRESSIVE CORP | 1.4% | Held | 753,750 | $171.6M |
| META META PLATFORMS INC-CLASS A | 1.3% | Reduced −11.4% | 248,303 | $163.9M |
| RLI RLI CORP | 1.2% | Held | 2,394,544 | $153.2M |
| APO APOLLO GLOBAL MANAGEMENT INC | 1.2% | Held | 1,012,500 | $146.6M |
| NVO NOVO-NORDISK A/S-SPONS ADR | 1.2% | Added +21.2% | 2,869,774 | $146.0M |
| FNV FRANCO-NEVADA CORP | 1.1% | Added +12.9% | 683,500 | $141.7M |
| MRSH MARSH & MCLENNAN COS | 1.1% | Added +0.9% | 761,750 | $141.3M |
| SCHW SCHWAB (CHARLES) CORP | 1.1% | Added +0.8% | 1,375,800 | $137.5M |
| GD GENERAL DYNAMICS CORP | 1.0% | Held | 391,000 | $131.6M |
| JNJ JOHNSON & JOHNSON | 1.0% | Held | 610,800 | $126.4M |
| TXN TEXAS INSTRUMENTS INC | 1.0% | Held | 724,000 | $125.6M |
| MA MASTERCARD INC - A | 0.9% | Held | 207,540 | $118.5M |
| DEO DIAGEO PLC-SPONSORED ADR | 0.9% | Added +0.4% | 1,371,708 | $118.3M |
| DG DOLLAR GENERAL CORP | 0.9% | Held | 869,250 | $115.4M |
| BAM BROOKFIELD ASSET MGMT-A | 0.9% | Held | 2,193,953 | $114.9M |
| MCO MOODY'S CORP | 0.9% | Held | 213,890 | $109.3M |
| HEI/A HEICO CORP-CLASS A | 0.8% | Held | 379,644 | $95.8M |
| ROL ROLLINS INC | 0.7% | Added +0.9% | 1,489,025 | $89.4M |
| NVR NVR INC | 0.7% | Added +0.9% | 12,007 | $87.6M |
| ADM ARCHER-DANIELS-MIDLAND CO | 0.7% | Held | 1,505,800 | $86.6M |
| LIN LINDE PLC | 0.7% | Added +3.8% | 200,100 | $85.3M |
| MSCI MSCI INC | 0.7% | Held | 142,850 | $82.0M |
| JPM JPMORGAN CHASE & CO | 0.6% | Held | 252,550 | $81.4M |
| ITW ILLINOIS TOOL WORKS | 0.6% | Held | 327,500 | $80.7M |
| NSC NORFOLK SOUTHERN CORP | 0.6% | Added +6.6% | 273,500 | $79.0M |
| SPGI S&P GLOBAL INC | 0.6% | Held | 150,690 | $78.7M |
| CG CARLYLE GROUP INC | 0.6% | Held | 1,327,000 | $78.4M |
| ECL ECOLAB INC | 0.6% | Held | 274,300 | $72.0M |
| ODFL OLD DOMINION FREIGHT LINE | 0.5% | Added +17.5% | 421,650 | $66.1M |
| ROK ROCKWELL AUTOMATION INC | 0.5% | Held | 154,900 | $60.3M |
| ITIC INVESTORS TITLE CO | 0.4% | Held | 213,300 | $53.2M |
| SBUX STARBUCKS CORP | 0.4% | Held | 623,818 | $52.5M |
| TSN TYSON FOODS INC-CL A | 0.4% | Added +4.2% | 884,500 | $51.8M |
| THG HANOVER INSURANCE GROUP INC/ | 0.4% | Held | 281,000 | $51.4M |
| AON AON PLC-CLASS A | 0.4% | Added +3.3% | 134,050 | $47.3M |
| ACN ACCENTURE PLC-CL A | 0.3% | Held | 159,400 | $42.8M |
| HGTY HAGERTY INC-A | 0.3% | Held | 3,108,000 | $41.8M |
| RTX RTX CORP | 0.3% | Held | 224,000 | $41.1M |
| HCA HCA HEALTHCARE INC | 0.3% | Added +7.3% | 80,680 | $37.7M |
| FERG FERGUSON ENTERPRISES INC | 0.3% | Added +11.2% | 163,500 | $36.4M |
| TMO THERMO FISHER SCIENTIFIC INC | 0.3% | Added +12.5% | 62,800 | $36.4M |
| FDS FACTSET RESEARCH SYSTEMS INC | 0.3% | Added +4.4% | 121,873 | $35.4M |
| VRSK VERISK ANALYTICS INC | 0.3% | Held | 155,950 | $34.9M |
| YUM YUM! BRANDS INC | 0.3% | Held | 226,451 | $34.3M |
| COST COSTCO WHOLESALE CORP | 0.3% | Held | 39,150 | $33.8M |
| UNP UNION PACIFIC CORP | 0.3% | Added +11.4% | 141,278 | $32.7M |
| ABNB AIRBNB INC-CLASS A | 0.3% | Added +5.8% | 240,289 | $32.6M |
| ALL ALLSTATE CORP | 0.3% | Held | 154,550 | $32.2M |
| TROW T ROWE PRICE GROUP INC | 0.3% | Held | 314,000 | $32.1M |
| LMT LOCKHEED MARTIN CORP | 0.2% | Added +3.6% | 64,513 | $31.2M |
| SHW SHERWIN-WILLIAMS CO | 0.2% | Held | 94,172 | $30.5M |
| CMCSA COMCAST CORP-CLASS A | 0.2% | Held | 961,880 | $28.8M |
| NKE NIKE INC -CL B | 0.2% | Held | 447,400 | $28.5M |
| MAR MARRIOTT INTERNATIONAL -CL A | 0.2% | Added +22.5% | 89,750 | $27.8M |
| CSCO CISCO SYSTEMS INC | 0.2% | Held | 355,500 | $27.4M |
| URI UNITED RENTALS INC | 0.2% | Held | 31,150 | $25.2M |
| LAMR LAMAR ADVERTISING CO-A | 0.2% | Added +8.8% | 185,000 | $23.4M |
| BF/A BROWN-FORMAN CORP-CLASS A | 0.2% | Held | 843,000 | $22.2M |
| COF CAPITAL ONE FINANCIAL CORP | 0.2% | Held | 91,000 | $22.1M |
| CCK CROWN HOLDINGS INC | 0.2% | Added +11.9% | 212,000 | $21.8M |
| RNR RENAISSANCERE HOLDINGS LTD | 0.2% | Held | 70,000 | $19.7M |
| WFC WELLS FARGO & CO | 0.2% | Held | 204,450 | $19.1M |
| PM PHILIP MORRIS INTERNATIONAL | 0.1% | Held | 114,500 | $18.4M |
| APD AIR PRODUCTS & CHEMICALS INC | 0.1% | Added +10.0% | 71,500 | $17.7M |
| PAYX PAYCHEX INC | 0.1% | Held | 150,000 | $16.8M |
| SHOP SHOPIFY INC - CLASS A | 0.1% | Held | 102,750 | $16.5M |
| CSX CSX CORP | 0.1% | Added +54.4% | 440,000 | $15.9M |
| EFX EQUIFAX INC | 0.1% | Held | 72,850 | $15.8M |
| SPOT SPOTIFY TECHNOLOGY SA | 0.1% | Held | 25,900 | $15.0M |
| SEIC SEI INVESTMENTS COMPANY | 0.1% | Held | 173,200 | $14.2M |
| BNY BANK OF NEW YORK MELLON CORP | 0.1% | Held | 121,500 | $14.1M |
| HXL HEXCEL CORP | 0.1% | Held | 189,000 | $14.0M |
| PEP PEPSICO INC | 0.1% | Held | 96,210 | $13.8M |
| TGT TARGET CORP | 0.1% | Held | 133,000 | $13.0M |
| CME CME GROUP INC | 0.1% | Added +43.0% | 45,750 | $12.5M |
| CARR CARRIER GLOBAL CORP | 0.1% | Held | 235,000 | $12.4M |
| BF/B BROWN-FORMAN CORP-CLASS B | 0.1% | Held | 474,187 | $12.4M |
| HSY HERSHEY CO | 0.1% | Added +23.9% | 67,500 | $12.3M |
| FIX COMFORT SYSTEMS USA INC | 0.1% | Held | 13,000 | $12.1M |
| UBER UBER TECHNOLOGIES INC | 0.1% | Added +13.4% | 140,000 | $11.4M |
| CHH CHOICE HOTELS INTL INC | 0.1% | Held | 115,500 | $11.0M |
| IQV IQVIA HOLDINGS INC | 0.1% | Held | 46,900 | $10.6M |
| CBOE CBOE GLOBAL MARKETS INC | 0.1% | Added +46.5% | 41,750 | $10.5M |
| OTIS OTIS WORLDWIDE CORP | 0.1% | Held | 114,620 | $10.0M |
| SMG SCOTTS MIRACLE-GRO CO | 0.1% | Held | 168,000 | $9.8M |
| AMAT APPLIED MATERIALS INC | 0.1% | Added +29.9% | 34,100 | $8.8M |
| UNH UNITEDHEALTH GROUP INC | 0.1% | Held | 26,500 | $8.7M |
| HII HUNTINGTON INGALLS INDUSTRIE | 0.1% | Added +24.4% | 25,500 | $8.7M |
| SONY SONY GROUP CORP - SP ADR | 0.1% | Held | 335,000 | $8.6M |
| NSP INSPERITY INC | 0.0% | Added +16.1% | 152,873 | $5.9M |
| GHC GRAHAM HOLDINGS CO-CLASS B | 0.0% | Held | 5,200 | $5.7M |
| KMX CARMAX INC | 0.0% | Held | 136,500 | $5.3M |
| EMN EASTMAN CHEMICAL CO | 0.0% | Held | 74,950 | $4.8M |
| EXMOC EXXON MOBIL CORP | 0.0% | Added +1166.7% | 38,000 | $4.6M |
| CNI CANADIAN NATL RAILWAY CO | 0.0% | Added +78.0% | 44,500 | $4.4M |
| WRB WR BERKLEY CORP | 0.0% | Held | 60,750 | $4.3M |
| CP CANADIAN PACIFIC KANSAS CITY | 0.0% | Added +62.9% | 50,500 | $3.7M |
| BC BRUNSWICK CORP | 0.0% | Added +42.5% | 47,750 | $3.5M |
| AYI ACUITY INC | 0.0% | Held | 9,750 | $3.5M |
| ICE INTERCONTINENTAL EXCHANGE IN | 0.0% | Added +271.4% | 20,870 | $3.4M |
| MGM MGM RESORTS INTERNATIONAL | 0.0% | Held | 87,500 | $3.2M |
| EXP EAGLE MATERIALS INC | 0.0% | Held | 14,750 | $3.0M |
| DPZ DOMINO'S PIZZA INC | 0.0% | Held | 5,500 | $2.3M |
| SYY SYSCO CORP | 0.0% | Held | 30,500 | $2.2M |
| BRO BROWN & BROWN INC | 0.0% | New | 11,000 | $877K |
| TRU TRANSUNION | 0.0% | Reduced −98.0% | 2,000 | $172K |
Sold positions
| Holding | Shares sold | Prior value |
|---|---|---|
| FDX FEDEX CORP | 213,000 | $50.2M |
| ADBE ADOBE INC | 14,000 | $4.9M |
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.