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Markel Group

Superinvestor

Markel Group Inc.

SEC CIK
0001096343
Manager
Tom Gayner
Style
Quality, Value
Latest filing
Jul 31, 2026

Holdings in Q3 2023

Holdings as of Sep 30, 2023, filed Nov 3, 2023. Long positions only; changes compare share counts with Q2 2023.

Institution overview
Positions
133
+2 vs. Q2 2023
Portfolio value
$8.28B
−$115.1M (−1.4%) vs. Q2 2023
Filed
Nov 3, 2023
SEC
Holdings of Markel Group in Q3 2023
SecurityClassSharesValue% of portfolioShare changeActionHistory
BRK.ABerkshire Hathaway IncCL A1,114$592.1M7.1%00.0%UnchangedHistory
BRK.BBerkshire Hathaway IncStock1,531,971$536.6M6.5%00.0%UnchangedHistory
GOOGAlphabet Inc.Stock2,749,860$362.6M4.4%00.0%UnchangedHistory
DEDeere & CoStock758,800$286.4M3.5%+3,000+0.4%AddedHistory
HDHome Depot, Inc.Stock920,000$278.0M3.4%00.0%UnchangedHistory
BNBROOKFIELD CorpCL A LTD VT SH8,715,741$272.5M3.3%00.0%UnchangedHistory
AMZNAmazon Com IncStock2,024,960$257.4M3.1%+6,100+0.3%AddedHistory
VVisa Inc.Stock999,285$229.8M2.8%+10,015+1.0%AddedHistory
AAPLApple Inc.Stock1,221,890$209.2M2.5%+5,900+0.5%AddedHistory
WSOWatsco IncCOM545,750$206.1M2.5%+6,500+1.2%AddedHistory
DEODiageo PLCSPON ADR NEW1,350,208$201.4M2.4%00.0%UnchangedHistory
ADIAnalog Devices IncStock1,128,671$197.6M2.4%+6,100+0.5%AddedHistory
NVONovo Nordisk A SADR2,150,000$195.5M2.4%00.0%UnchangedConverted for a 2-for-1 splitHistory
DISWalt Disney CoStock2,029,665$164.5M2.0%+9,000+0.4%AddedHistory
RLIRli CorpCOM1,197,272$162.7M2.0%00.0%UnchangedHistory
MSFTMicrosoft CorpStock492,480$155.5M1.9%+6,500+1.3%AddedHistory
BLKBlackRock, Inc.COM220,200$142.4M1.7%00.0%UnchangedHistory
LOWLowes Companies IncStock645,480$134.2M1.6%+13,000+2.1%AddedHistory
BXBlackstone Inc.COM1,229,000$131.7M1.6%00.0%UnchangedHistory
MRSHMarsh & McLennan Companies, Inc.Stock672,500$128.0M1.5%+13,000+2.0%AddedHistory
GSGoldman Sachs Group IncStock359,360$116.3M1.4%00.0%UnchangedHistory
TXNTexas Instruments IncStock724,000$115.1M1.4%00.0%UnchangedHistory
ADMArcher-Daniels-Midland CoStock1,463,300$110.4M1.3%00.0%UnchangedHistory
PGRProgressive CorpStock753,750$105.0M1.3%00.0%UnchangedHistory
JNJJohnson & JohnsonStock610,800$95.1M1.1%00.0%UnchangedHistory
APOApollo Global Management, Inc.COM1,012,500$90.9M1.1%00.0%UnchangedHistory
KKRKKR & Co. Inc.COM1,451,800$89.4M1.1%+2,777+0.2%AddedHistory
GDGeneral Dynamics CorpStock391,000$86.4M1.0%00.0%UnchangedHistory
MAMastercard IncStock207,540$82.2M1.0%00.0%UnchangedHistory
CATCaterpillar IncStock299,100$81.7M1.0%+6,100+2.1%AddedHistory
METAMeta Platforms, Inc.Stock258,881$77.7M0.9%+6,100+2.4%AddedHistory
ITWIllinois Tool Works IncStock327,500$75.4M0.9%00.0%UnchangedHistory
MSCIMSCI Inc.Stock142,850$73.3M0.9%00.0%UnchangedHistory
BAMBrookfield Asset Management Ltd.CL A LMT VTG SHS2,193,953$73.1M0.9%00.0%UnchangedHistory
GOOGLAlphabet Inc.Stock555,000$72.6M0.9%+5,000+0.9%AddedHistory
AXPAmerican Express CoStock484,250$72.2M0.9%00.0%UnchangedHistory
LPLALPL Financial Holdings Inc.COM301,264$71.6M0.9%+174,205+137.1%AddedHistory
SCHWSchwab Charles CorpStock1,276,766$70.1M0.8%+30,500+2.4%AddedHistory
MCOMoodys CorpStock213,890$67.6M0.8%00.0%UnchangedHistory
NVRNVR IncCOM10,824$64.5M0.8%+305+2.9%AddedHistory
DGDollar General CorpCOM590,250$62.4M0.8%+81,000+15.9%AddedHistory
ATVIActivision Blizzard, Inc.COM650,600$60.9M0.7%00.0%UnchangedHistory
SPGIS&P Global Inc.Stock150,690$55.1M0.7%00.0%UnchangedHistory
ROLRollins IncCOM1,383,275$51.6M0.6%+27,000+2.0%AddedHistory
FDSFactset Research Systems IncStock116,720$51.0M0.6%00.0%UnchangedHistory
HEI.AHeico CorpCL A379,644$49.1M0.6%00.0%UnchangedHistory
BF.ABrown Forman CorpCL A843,000$49.0M0.6%00.0%UnchangedHistory
ACNAccenture plcStock159,400$49.0M0.6%00.0%UnchangedHistory
SBUXStarbucks CorpStock532,318$48.6M0.6%00.0%UnchangedHistory
CMCSAComcast CorpStock1,060,741$47.0M0.6%+1,000+0.1%AddedHistory
ECLEcolab Inc.Stock274,300$46.5M0.6%00.0%UnchangedHistory
NSCNorfolk Southern CorpStock229,500$45.2M0.5%00.0%UnchangedHistory
LINLinde PLCStock120,500$44.9M0.5%+6,100+5.3%AddedHistory
ROKRockwell Automation, IncStock154,900$44.3M0.5%00.0%UnchangedHistory
CGCarlyle Group Inc.COM1,327,000$40.0M0.5%00.0%UnchangedHistory
FDXFedEx CorpStock145,000$38.4M0.5%+12,000+9.0%AddedHistory
WHRWhirlpool CorpStock282,049$37.7M0.5%00.0%UnchangedHistory
NKENIKE, Inc.Stock368,900$35.3M0.4%00.0%UnchangedHistory
JPMJPMorgan Chase & CoStock241,550$35.0M0.4%+13,000+5.7%AddedHistory
TROWPrice T Rowe Group IncStock314,000$32.9M0.4%00.0%UnchangedHistory
ODFLOld Dominion Freight Line, Inc.COM79,500$32.5M0.4%+12,000+17.8%AddedHistory
AONAon plcCL A99,550$32.3M0.4%+6,500+7.0%AddedHistory
ITICInvestors Title CoCOM213,300$31.6M0.4%00.0%UnchangedHistory
SRCLStericycle IncCOM668,700$29.9M0.4%00.0%UnchangedHistory
TSNTyson Foods, Inc.Stock577,500$29.2M0.4%+127,500+28.3%AddedHistory
MMM3M CoStock293,750$27.5M0.3%00.0%UnchangedHistory
BF.BBrown Forman CorpStock474,187$27.4M0.3%00.0%UnchangedHistory
VRSKVerisk Analytics, Inc.COM114,700$27.1M0.3%+5,700+5.2%AddedHistory
HGTYHagerty, Inc.CL A COM3,000,000$24.5M0.3%00.0%UnchangedHistory
SHWSherwin Williams CoCOM94,172$24.0M0.3%00.0%UnchangedHistory
CABOCable One, Inc.COM37,700$23.2M0.3%+11,000+41.2%AddedHistory
CVSCVS Health CorpStock332,000$23.2M0.3%00.0%UnchangedHistory
LMTLockheed Martin CorpStock56,363$23.1M0.3%00.0%UnchangedHistory
COSTCostco Wholesale CorpStock39,150$22.1M0.3%00.0%UnchangedHistory
THGHanover Insurance Group, Inc.COM189,000$21.0M0.3%+31,000+19.6%AddedHistory
CSCOCisco Systems, Inc.Stock342,000$18.4M0.2%00.0%UnchangedHistory
LBRDALiberty Broadband CorpCOM SER A196,750$17.9M0.2%−8,500−4.1%ReducedHistory
UNPUnion Pacific CorpStock85,778$17.5M0.2%00.0%UnchangedHistory
PAYXPaychex IncStock150,000$17.3M0.2%00.0%UnchangedHistory
CCKCrown Holdings, Inc.COM189,500$16.8M0.2%00.0%UnchangedHistory
PEPPepsiCo IncStock96,210$16.3M0.2%00.0%UnchangedHistory
RTXRTX CorpStock224,000$16.1M0.2%00.0%UnchangedHistory
EFXEquifax IncCOM87,850$16.1M0.2%00.0%UnchangedHistory
ALLAllstate CorpStock141,550$15.8M0.2%+13,000+10.1%AddedHistory
BNYBank of New York Mellon CorpStock365,250$15.6M0.2%00.0%UnchangedHistory
LBRDKLiberty Broadband CorpCOM SER C149,859$13.7M0.2%−22,254−12.9%ReducedHistory
CARRCarrier Global CorpStock235,000$13.0M0.2%00.0%UnchangedHistory
HXLHexcel CorpCOM189,000$12.3M0.1%00.0%UnchangedHistory
PMPhilip Morris International Inc.Stock114,500$10.6M0.1%00.0%UnchangedHistory
SEICSEI Investments CoCOM173,200$10.4M0.1%00.0%UnchangedHistory
EAElectronic Arts Inc.COM80,800$9.73M0.1%00.0%UnchangedHistory
RNRRenaissancere Holdings LtdCOM49,000$9.70M0.1%+13,000+36.1%AddedHistory
CECelanese CorpStock76,800$9.64M0.1%+11,500+17.6%AddedHistory
OTISOtis Worldwide CorpStock114,620$9.21M0.1%00.0%UnchangedHistory
TGTTarget CorpStock83,000$9.18M0.1%+29,000+53.7%AddedHistory
COFCapital One Financial CorpStock90,000$8.73M0.1%+13,000+16.9%AddedHistory
IQVIQVIA Holdings Inc.Stock43,826$8.62M0.1%+12,000+37.7%AddedHistory
AMTAmerican Tower CorpREIT51,910$8.54M0.1%00.0%UnchangedHistory
WFCWells Fargo & CompanyStock204,450$8.35M0.1%00.0%UnchangedHistory
SMGScotts Miracle-Gro CoStock156,000$8.06M0.1%+6,265+4.2%AddedHistory

Sold out since Q2 2023 (4)

Positions held at the end of Q2 2023 that are gone from this filing.

Positions of Markel Group sold out since Q2 2023
SecurityClassShares in Q2 2023Value in Q2 2023% of portfolio in Q2 2023History
Liberty Media Corp Del531229607COM C SIRIUSXM522,000$17.1M0.2%–
Liberty Media Corp531229409COM A SIRIUSXM426,000$14.0M0.2%–
HCSGHealthcare Services Group IncCOM308,000$4.60M0.1%History
SKWDSkyward Specialty Insurance Group, Inc.COM60,064$1.53M<0.1%History