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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 Q4 2023

Holdings as of Dec 31, 2023, filed Feb 2, 2024. Long positions only; changes compare share counts with Q3 2023.

Institution overview
Positions
128
−5 vs. Q3 2023
Portfolio value
$9.20B
+$915.0M (+11.0%) vs. Q3 2023
Filed
Feb 2, 2024
SEC
Holdings of Markel Group in Q4 2023
SecurityClassSharesValue% of portfolioShare changeActionHistory
BRK.ABerkshire Hathaway IncCL A1,114$604.5M6.6%00.0%UnchangedHistory
BRK.BBerkshire Hathaway IncStock1,531,971$546.4M5.9%00.0%UnchangedHistory
GOOGAlphabet Inc.Stock2,749,860$387.5M4.2%00.0%UnchangedHistory
BNBROOKFIELD CorpCL A LTD VT SH8,715,741$349.7M3.8%00.0%UnchangedHistory
DEDeere & CoStock797,800$319.0M3.5%+39,000+5.1%AddedHistory
HDHome Depot, Inc.Stock920,000$318.8M3.5%00.0%UnchangedHistory
AMZNAmazon Com IncStock2,030,760$308.6M3.4%+5,800+0.3%AddedHistory
VVisa Inc.Stock999,285$260.2M2.8%00.0%UnchangedHistory
WSOWatsco IncCOM556,750$238.6M2.6%+11,000+2.0%AddedHistory
AAPLApple Inc.Stock1,225,890$236.0M2.6%+4,000+0.3%AddedHistory
ADIAnalog Devices IncStock1,163,971$231.1M2.5%+35,300+3.1%AddedHistory
NVONovo Nordisk A SADR2,150,000$222.4M2.4%00.0%UnchangedHistory
DEODiageo PLCSPON ADR NEW1,354,708$197.3M2.1%+4,500+0.3%AddedHistory
MSFTMicrosoft CorpStock498,480$187.4M2.0%+6,000+1.2%AddedHistory
DISWalt Disney CoStock2,031,665$183.4M2.0%+2,000+0.1%AddedHistory
BLKBlackRock, Inc.COM220,200$178.8M1.9%00.0%UnchangedHistory
BXBlackstone Inc.COM1,229,000$160.9M1.7%00.0%UnchangedHistory
RLIRli CorpCOM1,197,272$159.4M1.7%00.0%UnchangedHistory
LOWLowes Companies IncStock656,980$146.2M1.6%+11,500+1.8%AddedHistory
GSGoldman Sachs Group IncStock359,360$138.6M1.5%00.0%UnchangedHistory
MRSHMarsh & McLennan Companies, Inc.Stock684,500$129.7M1.4%+12,000+1.8%AddedHistory
TXNTexas Instruments IncStock724,000$123.4M1.3%00.0%UnchangedHistory
KKRKKR & Co. Inc.COM1,451,800$120.3M1.3%00.0%UnchangedHistory
PGRProgressive CorpStock753,750$120.1M1.3%00.0%UnchangedHistory
ADMArcher-Daniels-Midland CoStock1,463,300$105.7M1.1%00.0%UnchangedHistory
GDGeneral Dynamics CorpStock391,000$101.5M1.1%00.0%UnchangedHistory
LPLALPL Financial Holdings Inc.COM426,386$97.1M1.1%+125,122+41.5%AddedHistory
JNJJohnson & JohnsonStock610,800$95.7M1.0%00.0%UnchangedHistory
APOApollo Global Management, Inc.COM1,012,500$94.4M1.0%00.0%UnchangedHistory
METAMeta Platforms, Inc.Stock264,681$93.7M1.0%+5,800+2.2%AddedHistory
SCHWSchwab Charles CorpStock1,334,766$91.8M1.0%+58,000+4.5%AddedHistory
AXPAmerican Express CoStock484,250$90.7M1.0%00.0%UnchangedHistory
CATCaterpillar IncStock303,100$89.6M1.0%+4,000+1.3%AddedHistory
DGDollar General CorpCOM654,250$88.9M1.0%+64,000+10.8%AddedHistory
MAMastercard IncStock207,540$88.5M1.0%00.0%UnchangedHistory
BAMBrookfield Asset Management Ltd.CL A LMT VTG SHS2,193,953$88.1M1.0%00.0%UnchangedHistory
ITWIllinois Tool Works IncStock327,500$85.8M0.9%00.0%UnchangedHistory
MCOMoodys CorpStock213,890$83.5M0.9%00.0%UnchangedHistory
MSCIMSCI Inc.Stock142,850$80.8M0.9%00.0%UnchangedHistory
NVRNVR IncCOM11,124$77.9M0.8%+300+2.8%AddedHistory
GOOGLAlphabet Inc.Stock555,000$77.5M0.8%00.0%UnchangedHistory
SPGIS&P Global Inc.Stock150,690$66.4M0.7%00.0%UnchangedHistory
ROLRollins IncCOM1,407,275$61.5M0.7%+24,000+1.7%AddedHistory
ACNAccenture plcStock159,400$55.9M0.6%00.0%UnchangedHistory
FDSFactset Research Systems IncStock116,720$55.7M0.6%00.0%UnchangedHistory
ECLEcolab Inc.Stock274,300$54.4M0.6%00.0%UnchangedHistory
NSCNorfolk Southern CorpStock229,500$54.2M0.6%00.0%UnchangedHistory
HEI.AHeico CorpCL A379,644$54.1M0.6%00.0%UnchangedHistory
CGCarlyle Group Inc.COM1,327,000$54.0M0.6%00.0%UnchangedHistory
LINLinde PLCStock126,200$51.8M0.6%+5,700+4.7%AddedHistory
SBUXStarbucks CorpStock532,318$51.1M0.6%00.0%UnchangedHistory
BF.ABrown Forman CorpCL A843,000$50.2M0.5%00.0%UnchangedHistory
ROKRockwell Automation, IncStock154,900$48.1M0.5%00.0%UnchangedHistory
CMCSAComcast CorpStock1,060,741$46.5M0.5%00.0%UnchangedHistory
JPMJPMorgan Chase & CoStock252,550$43.0M0.5%+11,000+4.6%AddedHistory
NKENIKE, Inc.Stock368,900$40.1M0.4%00.0%UnchangedHistory
FDXFedEx CorpStock156,500$39.6M0.4%+11,500+7.9%AddedHistory
TSNTyson Foods, Inc.Stock697,500$37.5M0.4%+120,000+20.8%AddedHistory
ODFLOld Dominion Freight Line, Inc.COM91,000$36.9M0.4%+11,500+14.5%AddedHistory
ITICInvestors Title CoCOM213,300$34.6M0.4%00.0%UnchangedHistory
WHRWhirlpool CorpStock282,049$34.3M0.4%00.0%UnchangedHistory
TROWPrice T Rowe Group IncStock314,000$33.8M0.4%00.0%UnchangedHistory
SRCLStericycle IncCOM668,700$33.1M0.4%00.0%UnchangedHistory
MMM3M CoStock293,750$32.1M0.3%00.0%UnchangedHistory
AONAon plcCL A105,350$30.7M0.3%+5,800+5.8%AddedHistory
SHWSherwin Williams CoCOM94,172$29.4M0.3%00.0%UnchangedHistory
VRSKVerisk Analytics, Inc.COM120,700$28.8M0.3%+6,000+5.2%AddedHistory
BF.BBrown Forman CorpStock474,187$27.1M0.3%00.0%UnchangedHistory
CVSCVS Health CorpStock332,000$26.2M0.3%00.0%UnchangedHistory
THGHanover Insurance Group, Inc.COM214,000$26.0M0.3%+25,000+13.2%AddedHistory
COSTCostco Wholesale CorpStock39,150$25.8M0.3%00.0%UnchangedHistory
LMTLockheed Martin CorpStock56,363$25.5M0.3%00.0%UnchangedHistory
CABOCable One, Inc.COM44,200$24.6M0.3%+6,500+17.2%AddedHistory
EFXEquifax IncCOM97,850$24.2M0.3%+10,000+11.4%AddedHistory
HGTYHagerty, Inc.CL A COM3,000,000$23.4M0.3%00.0%UnchangedHistory
ALLAllstate CorpStock154,550$21.6M0.2%+13,000+9.2%AddedHistory
UNPUnion Pacific CorpStock85,778$21.1M0.2%00.0%UnchangedHistory
RTXRTX CorpStock224,000$18.8M0.2%00.0%UnchangedHistory
PAYXPaychex IncStock150,000$17.9M0.2%00.0%UnchangedHistory
CCKCrown Holdings, Inc.COM189,500$17.5M0.2%00.0%UnchangedHistory
CSCOCisco Systems, Inc.Stock342,000$17.3M0.2%00.0%UnchangedHistory
TGTTarget CorpStock121,000$17.2M0.2%+38,000+45.8%AddedHistory
PEPPepsiCo IncStock96,210$16.3M0.2%00.0%UnchangedHistory
HXLHexcel CorpCOM189,000$13.9M0.2%00.0%UnchangedHistory
CARRCarrier Global CorpStock235,000$13.5M0.1%00.0%UnchangedHistory
CECelanese CorpStock77,800$12.1M0.1%+1,000+1.3%AddedHistory
COFCapital One Financial CorpStock91,000$11.9M0.1%+1,000+1.1%AddedHistory
RNRRenaissancere Holdings LtdCOM60,500$11.9M0.1%+11,500+23.5%AddedHistory
IQVIQVIA Holdings Inc.Stock50,626$11.7M0.1%+6,800+15.5%AddedHistory
AMTAmerican Tower CorpREIT51,910$11.2M0.1%00.0%UnchangedHistory
EAElectronic Arts Inc.COM80,800$11.1M0.1%00.0%UnchangedHistory
SEICSEI Investments CoCOM173,200$11.0M0.1%00.0%UnchangedHistory
PMPhilip Morris International Inc.Stock114,500$10.8M0.1%00.0%UnchangedHistory
TMOThermo Fisher Scientific Inc.Stock19,600$10.4M0.1%+6,000+44.1%AddedHistory
OTISOtis Worldwide CorpStock114,620$10.3M0.1%00.0%UnchangedHistory
WFCWells Fargo & CompanyStock204,450$10.1M0.1%00.0%UnchangedHistory
SMGScotts Miracle-Gro CoStock156,000$9.95M0.1%00.0%UnchangedHistory
CBRLCracker Barrel Old Country Store, IncCOM111,000$8.56M0.1%00.0%UnchangedHistory
KMXCarMax IncCOM110,500$8.48M0.1%+26,500+31.5%AddedHistory
SHOPShopify Inc.Stock102,750$8.00M0.1%00.0%UnchangedHistory

Sold out since Q3 2023 (7)

Positions held at the end of Q3 2023 that are gone from this filing.

Positions of Markel Group sold out since Q3 2023
SecurityClassShares in Q3 2023Value in Q3 2023% of portfolio in Q3 2023History
ATVIActivision Blizzard, Inc.COM650,600$60.9M0.7%History
LBRDALiberty Broadband CorpCOM SER A196,750$17.9M0.2%History
LBRDKLiberty Broadband CorpCOM SER C149,859$13.7M0.2%History
VNTVontier CorpStock110,853$3.43M<0.1%History
LLYVALiberty Live Holdings, Inc.COM LBTY LIV S A98,000$3.13M<0.1%History
LBTYALiberty Global Ltd.SHS CL A168,000$2.88M<0.1%History
LLYVKLiberty Live Holdings, Inc.COM LBTY LIV S C80,000$2.57M<0.1%History