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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 Q2 2025

Holdings as of Jun 30, 2025, filed Aug 1, 2025. Long positions only; changes compare share counts with Q1 2025.

Institution overview
Positions
137
+2 vs. Q1 2025
Portfolio value
$11.8B
+$566.6M (+5.0%) vs. Q1 2025
Filed
Aug 1, 2025
SEC
Holdings of Markel Group in Q2 2025
SecurityClassSharesValue% of portfolioShare changeActionHistory
BRK.ABerkshire Hathaway IncCL A1,114$811.9M6.9%00.0%UnchangedHistory
BRK.BBerkshire Hathaway IncStock1,531,971$744.2M6.3%00.0%UnchangedHistory
BNBROOKFIELD CorpCL A LTD VT SH8,715,741$539.1M4.6%00.0%UnchangedHistory
GOOGAlphabet Inc.Stock2,749,860$487.8M4.1%00.0%UnchangedHistory
DEDeere & CoStock877,900$446.4M3.8%+2000.0%AddedHistory
AMZNAmazon Com IncStock2,030,760$445.5M3.8%00.0%UnchangedHistory
VVisa Inc.Stock999,285$354.8M3.0%00.0%UnchangedHistory
HDHome Depot, Inc.Stock920,000$337.3M2.9%00.0%UnchangedHistory
ADIAnalog Devices IncStock1,167,671$277.9M2.3%00.0%UnchangedHistory
MSFTMicrosoft CorpStock527,480$262.4M2.2%+4,750+0.9%AddedHistory
GSGoldman Sachs Group IncStock359,360$254.3M2.2%00.0%UnchangedHistory
DISWalt Disney CoStock2,031,665$251.9M2.1%00.0%UnchangedHistory
AAPLApple Inc.Stock1,227,290$251.8M2.1%00.0%UnchangedHistory
WSOWatsco IncCOM565,169$249.6M2.1%−25,331−4.3%ReducedHistory
BLKBlackRock, Inc.Stock220,200$231.0M2.0%00.0%UnchangedHistory
METAMeta Platforms, Inc.Stock280,281$206.9M1.7%+200+0.1%AddedHistory
LPLALPL Financial Holdings Inc.COM544,604$204.2M1.7%+5,500+1.0%AddedHistory
PGRProgressive CorpStock753,750$201.1M1.7%00.0%UnchangedHistory
KKRKKR & Co. Inc.COM1,451,800$193.1M1.6%00.0%UnchangedHistory
BXBlackstone Inc.COM1,229,000$183.8M1.6%00.0%UnchangedHistory
RLIRli CorpCOM2,394,544$172.9M1.5%00.0%UnchangedHistory
MRSHMarsh & McLennan Companies, Inc.Stock748,750$163.7M1.4%+5,250+0.7%AddedHistory
LOWLowes Companies IncStock717,230$159.1M1.3%+9,000+1.3%AddedHistory
NVONovo Nordisk A SADR2,258,588$155.9M1.3%+108,588+5.1%AddedHistory
AXPAmerican Express CoStock484,250$154.5M1.3%00.0%UnchangedHistory
TXNTexas Instruments IncStock724,000$150.3M1.3%00.0%UnchangedHistory
APOApollo Global Management, Inc.COM1,012,500$143.6M1.2%00.0%UnchangedHistory
DEODiageo PLCSPON ADR NEW1,366,708$137.8M1.2%00.0%UnchangedHistory
CATCaterpillar IncStock328,650$127.6M1.1%+600+0.2%AddedHistory
SCHWSchwab Charles CorpStock1,364,800$124.5M1.1%00.0%UnchangedHistory
BAMBrookfield Asset Management Ltd.CL A LMT VTG SHS2,193,953$121.3M1.0%00.0%UnchangedHistory
MAMastercard IncStock207,540$116.6M1.0%00.0%UnchangedHistory
GDGeneral Dynamics CorpStock391,000$114.0M1.0%00.0%UnchangedHistory
MCOMoodys CorpStock213,890$107.3M0.9%00.0%UnchangedHistory
GOOGLAlphabet Inc.Stock572,000$100.8M0.9%+15,000+2.7%AddedHistory
DGDollar General CorpCOM869,250$99.4M0.8%00.0%UnchangedHistory
HEI.AHeico CorpCL A379,644$98.2M0.8%00.0%UnchangedHistory
FNVFranco Nevada CorpStock569,500$93.4M0.8%+44,250+8.4%AddedHistory
JNJJohnson & JohnsonStock610,800$93.3M0.8%00.0%UnchangedHistory
NVRNVR IncCOM11,897$87.9M0.7%+13+0.1%AddedHistory
LINLinde PLCStock186,600$87.5M0.7%+5,600+3.1%AddedHistory
ADMArcher-Daniels-Midland CoStock1,573,800$83.1M0.7%+22,500+1.5%AddedHistory
ROLRollins IncCOM1,469,275$82.9M0.7%+7,000+0.5%AddedHistory
MSCIMSCI Inc.Stock142,850$82.4M0.7%00.0%UnchangedHistory
ITWIllinois Tool Works IncStock327,500$81.0M0.7%00.0%UnchangedHistory
SPGIS&P Global Inc.Stock150,690$79.5M0.7%00.0%UnchangedHistory
ECLEcolab Inc.Stock274,300$73.9M0.6%00.0%UnchangedHistory
JPMJPMorgan Chase & CoStock252,550$73.2M0.6%00.0%UnchangedHistory
CGCarlyle Group Inc.COM1,327,000$68.2M0.6%00.0%UnchangedHistory
NSCNorfolk Southern CorpStock236,500$60.5M0.5%+7,000+3.1%AddedHistory
SBUXStarbucks CorpStock623,818$57.2M0.5%00.0%UnchangedHistory
ODFLOld Dominion Freight Line, Inc.COM342,450$55.6M0.5%+29,250+9.3%AddedHistory
FDSFactset Research Systems IncStock116,720$52.2M0.4%00.0%UnchangedHistory
ROKRockwell Automation, IncStock154,900$51.5M0.4%00.0%UnchangedHistory
VRSKVerisk Analytics, Inc.COM155,950$48.6M0.4%00.0%UnchangedHistory
FDXFedEx CorpStock213,000$48.4M0.4%00.0%UnchangedHistory
THGHanover Insurance Group, Inc.COM281,000$47.7M0.4%+1,000+0.4%AddedHistory
ACNAccenture plcStock159,400$47.6M0.4%00.0%UnchangedHistory
AONAon plcCL A129,800$46.3M0.4%+350+0.3%AddedHistory
TSNTyson Foods, Inc.Stock816,000$45.6M0.4%+17,500+2.2%AddedHistory
ITICInvestors Title CoCOM213,300$45.1M0.4%00.0%UnchangedHistory
COSTCostco Wholesale CorpStock39,150$38.8M0.3%00.0%UnchangedHistory
CMCSAComcast CorpStock961,880$34.3M0.3%00.0%UnchangedHistory
YUMYum Brands IncStock226,451$33.6M0.3%+1,000+0.4%AddedHistory
RTXRTX CorpStock224,000$32.7M0.3%00.0%UnchangedHistory
SHWSherwin Williams CoCOM94,172$32.3M0.3%00.0%UnchangedHistory
NKENIKE, Inc.Stock447,400$31.8M0.3%+2,000+0.4%AddedHistory
HGTYHagerty, Inc.CL A COM3,108,000$31.4M0.3%00.0%UnchangedHistory
ALLAllstate CorpStock154,550$31.1M0.3%00.0%UnchangedHistory
TROWPrice T Rowe Group IncStock314,000$30.3M0.3%00.0%UnchangedHistory
FERGFerguson Enterprises Inc.COMMON STOCK NEW134,500$29.3M0.2%+11,500+9.3%AddedHistory
LMTLockheed Martin CorpStock62,263$28.8M0.2%+800+1.3%AddedHistory
ABNBAirbnb, Inc.Stock212,003$28.1M0.2%+28,183+15.3%AddedHistory
HCAHCA Healthcare, Inc.COM68,963$26.4M0.2%+6,962+11.2%AddedHistory
CSCOCisco Systems, Inc.Stock349,500$24.2M0.2%+7,500+2.2%AddedHistory
URIUnited Rentals, Inc.COM31,150$23.5M0.2%00.0%UnchangedHistory
BF.ABrown Forman CorpCL A843,000$23.2M0.2%00.0%UnchangedHistory
UNPUnion Pacific CorpStock97,278$22.4M0.2%+11,500+13.4%AddedHistory
PAYXPaychex IncStock150,000$21.8M0.2%00.0%UnchangedHistory
PMPhilip Morris International Inc.Stock114,500$20.9M0.2%00.0%UnchangedHistory
TMOThermo Fisher Scientific Inc.Stock49,550$20.1M0.2%+4,550+10.1%AddedHistory
SPOTSpotify Technology S.A.Stock25,900$19.9M0.2%00.0%UnchangedHistory
CCKCrown Holdings, Inc.COM189,500$19.5M0.2%00.0%UnchangedHistory
COFCapital One Financial CorpStock91,000$19.4M0.2%00.0%UnchangedHistory
LAMRLamar Advertising CoREIT158,000$19.2M0.2%+21,000+15.3%AddedHistory
EFXEquifax IncCOM72,850$18.9M0.2%00.0%UnchangedHistory
APDAir Products & Chemicals, Inc.Stock65,000$18.3M0.2%00.0%UnchangedHistory
MMM3M CoStock118,250$18.0M0.2%−175,500−59.7%ReducedHistory
CARRCarrier Global CorpStock235,000$17.2M0.1%00.0%UnchangedHistory
RNRRenaissancere Holdings LtdCOM70,000$17.0M0.1%00.0%UnchangedHistory
MARMarriott International IncStock60,250$16.5M0.1%+8,250+15.9%AddedHistory
WFCWells Fargo & CompanyStock204,450$16.4M0.1%00.0%UnchangedHistory
SEICSEI Investments CoCOM173,200$15.6M0.1%00.0%UnchangedHistory
CHHChoice Hotels International IncCOM115,500$14.7M0.1%00.0%UnchangedHistory
TGTTarget CorpStock133,000$13.1M0.1%00.0%UnchangedHistory
BF.BBrown Forman CorpStock474,187$12.8M0.1%00.0%UnchangedHistory
PEPPepsiCo IncStock96,210$12.7M0.1%00.0%UnchangedHistory
SHOPShopify Inc.Stock102,750$11.9M0.1%00.0%UnchangedHistory
UBERUber Technologies, IncStock123,500$11.5M0.1%+1,500+1.2%AddedHistory
OTISOtis Worldwide CorpStock114,620$11.3M0.1%00.0%UnchangedHistory

Sold out since Q1 2025 (1)

Positions held at the end of Q1 2025 that are gone from this filing.

Positions of Markel Group sold out since Q1 2025
SecurityClassShares in Q1 2025Value in Q1 2025% of portfolio in Q1 2025History
CABOCable One, Inc.COM11,900$3.16M<0.1%History