Skip to main content

Markel Group Inc.

MKL
Exchange
NYSE
Industry
Fire, Marine & Casualty Insurance
SEC CIK
0001096343

No open-market purchases or sales by Markel Group Inc. insiders were filed in the last 90 days; 930 institutions reported holding it in 13F filings for Q2 2026, worth $18.8B in total; superinvestors Giverny Capital and Gardner Russo & Quinn hold it.

13F holders, Q4 2025

Institutional positions in Markel Group Inc. as of Dec 31, 2025. Investment managers with $100 million or more in US stocks report their long positions on Form 13F within 45 days after each quarter ends. How 13F works

Institutional holders
924
+82 vs. Q3 2025
Shares held
9.84M
−56.7K (−0.6%) vs. Q3 2025
Total value
$21.1B
+$2.27B (+12.0%) vs. Q3 2025
New holders
129
276 more added
Sold out
47
305 more reduced

13 institutions that held it in Q3 2025 haven't filed for Q4 2025 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.

Compare with Q3 2025: new holders, sold out and not filed yet

Holders and value by quarter

Institutions reporting MKL on Form 13F each quarter since Q1 2021, and the total value they reported. Values are as of each quarter end, so they also move with the share price.

Institutional holdersQ4 2025: 924 institutions
Q1 2021: 575 institutionsQ2 2021: 589 institutionsQ3 2021: 594 institutionsQ4 2021: 638 institutionsQ1 2022: 639 institutionsQ2 2022: 642 institutionsQ3 2022: 636 institutionsQ4 2022: 675 institutionsQ1 2023: 676 institutionsQ2 2023: 700 institutionsQ3 2023: 739 institutionsQ4 2023: 733 institutionsQ1 2024: 745 institutionsQ2 2024: 812 institutionsQ3 2024: 794 institutionsQ4 2024: 832 institutionsQ1 2025: 852 institutionsQ2 2025: 854 institutionsQ3 2025: 855 institutionsQ4 2025: 924 institutionsQ1 2026: 930 institutionsQ2 2026: 930 institutions
Value heldQ4 2025: $21.1B
Q1 2021: $12.1BQ2 2021: $12.6BQ3 2021: $12.6BQ4 2021: $12.9BQ1 2022: $15.8BQ2 2022: $13.7BQ3 2022: $11.3BQ4 2022: $13.7BQ1 2023: $13.2BQ2 2023: $14.2BQ3 2023: $15.0BQ4 2023: $14.5BQ1 2024: $15.4BQ2 2024: $15.7BQ3 2024: $15.4BQ4 2024: $17.2BQ1 2025: $19.0BQ2 2025: $20.1BQ3 2025: $18.9BQ4 2025: $21.1BQ1 2026: $18.5BQ2 2026: $18.8B
Institutions holding MKL and their total value by quarter
QuarterHoldersValue
Q2 2026930$18.8B
Q1 2026930$18.5B
Q4 2025924$21.1B
Q3 2025855$18.9B
Q2 2025854$20.1B
Q1 2025852$19.0B
Q4 2024832$17.2B
Q3 2024794$15.4B
Q2 2024812$15.7B
Q1 2024745$15.4B
Q4 2023733$14.5B
Q3 2023739$15.0B
Q2 2023700$14.2B
Q1 2023676$13.2B
Q4 2022675$13.7B
Q3 2022636$11.3B
Q2 2022642$13.7B
Q1 2022639$15.8B
Q4 2021638$12.9B
Q3 2021594$12.6B
Q2 2021589$12.6B
Q1 2021575$12.1B

Institutions, Q4 2025

Shares, value and share of portfolio for each institution holding Markel Group Inc.; share changes are against Q3 2025.

Institutions holding MKL in Q4 2025
InstitutionSharesValue% of portfolioChange in sharesAction
Vanguard Group Inc1,171,904$2.52B0.04%−1,093−0.1%Reduced
BlackRock, Inc.711,291$1.53B0.03%−8,724−1.2%Reduced
Principal Financial Group Inc533,135$1.15B0.59%−14,053−2.6%Reduced
Select Equity Group, L.P.427,882$919.8M4.27%+45,150+11.8%Added
Davis Selected Advisers415,160$892.5M4.01%+41,632+11.1%Added
Morgan Stanley392,164$843.0M0.05%−56,263−12.5%Reduced
State Street Corp304,913$655.5M0.02%+513+0.2%Added
Boston Partners262,151$563.5M0.58%−7,111−2.6%Reduced
Geode Capital Management, LLC224,964$482.2M0.03%−351−0.2%Reduced
Davenport & Co LLC209,999$452.4M2.45%+4,972+2.4%Added
Kempen Capital Management N.V.204,861$440.4M3.77%+23,631+13.0%Added
Baillie Gifford & Co188,437$405.1M0.34%−8,449−4.3%Reduced
T. Rowe Price Investment Management, Inc.155,043$333.3M0.21%−431−0.3%Reduced
Norges Bank147,737$317.6M0.03%+147,737New
Bank of America Corp147,280$316.6M0.02%−5,819−3.8%Reduced
Dimensional Fund Advisors LP130,557$280.7M0.06%+902+0.7%Added
Wellington Management Group LLP111,896$240.5M0.04%−10,942−8.9%Reduced
Bank Julius Baer & Co. Ltd, Zurich97,923$211.2M0.58%+11,439+13.2%Added
Fenimore Asset Management Inc88,266$189.7M3.95%−122−0.1%Reduced
Madison Avenue Partners, LP87,889$188.9M8.12%+3,579+4.2%Added
Northern Trust Corp84,619$181.9M0.02%−10,780−11.3%Reduced
Douglass Winthrop Advisors, LLC81,938$176.1M3.08%−2,300−2.7%Reduced
JANA Partners Management, LP81,219$174.6M9.08%−66,192−44.9%Reduced
Fort Washington Investment Advisors Inc79,713$171.4M0.91%−292−0.4%Reduced
Barr E S & Co77,974$167.6M8.72%−291−0.4%Reduced
UBS Asset Management Americas Inc77,650$166.9M0.04%−10,966−12.4%Reduced
Check Capital Management Inc77,313$166.2M9.94%−232−0.3%Reduced
Polar Capital Holdings Plc77,000$165.5M0.76%−1,500−1.9%Reduced
Jennison Associates LLC73,199$157.4M0.09%+5,346+7.9%Added
Epoch Investment Partners, Inc.70,442$151.4M0.86%−6,634−8.6%Reduced
Scharf Investments, LLC69,203$148.8M4.00%−6,143−8.2%Reduced
Legal & General Group Plc68,957$148.2M0.03%−4,319−5.9%Reduced
Raymond James Financial Inc67,721$145.6M0.05%+6,183+10.0%Added
Charles Schwab Investment Management Inc67,388$144.9M0.02%+2,110+3.2%Added
HighTower Advisors, LLC65,702$141.2M0.15%−2,891−4.2%Reduced
Wells Fargo & Company58,129$125.0M0.02%+134+0.2%Added
Graham Holdings Co Master Retirement Trust58,008$124.7M16.62%00.0%Unchanged
TD Asset Management Inc56,075$120.5M0.10%−7,082−11.2%Reduced
Graham Holdings Co55,430$119.2M11.01%00.0%Unchanged
Davis Asset Management, L.P.50,000$107.5M3.85%00.0%Unchanged
Goldman Sachs Group Inc47,386$101.9M0.01%+132+0.3%Added
Avenir Corp46,372$99.7M10.82%−370−0.8%Reduced
Giverny Capital Inc.SuperinvestorGiverny Capital43,978$94.5M3.15%+149+0.3%Added
Royal Bank of Canada42,051$90.4M0.02%−7,305−14.8%Reduced
Envestnet Asset Management Inc41,662$89.6M0.03%−4,713−10.2%Reduced
Steginsky Capital LLC40,990$88.1M14.85%+900+2.2%Added
Bank of New York Mellon Corp39,062$84.0M0.01%−1,419−3.5%Reduced
Quilter Plc36,322$78.1M1.31%−66−0.2%Reduced
Thompson Siegel & Walmsley LLC35,364$76.0M1.28%−2,732−7.2%Reduced
Swiss National Bank34,670$74.5M0.04%−1,900−5.2%Reduced
DF Dent & Co Inc34,334$73.8M1.06%−5,373−13.5%Reduced
California Public Employees Retirement System33,509$72.0M0.04%−6,457−16.2%Reduced
Anchor Capital Advisors LLC32,922$70.8M2.05%−927−2.7%Reduced
Cooke & Bieler LP32,047$68.9M0.72%−20−0.1%Reduced
UBS Group AG31,691$68.1M0.01%−27,635−46.6%Reduced
Deutsche Bank AG30,157$64.8M0.02%−642−2.1%Reduced
Sumitomo Mitsui Trust Holdings, Inc.28,995$62.3M0.04%−1,532−5.0%Reduced
Sather Financial Group Inc27,478$59.1M3.18%−276−1.0%Reduced
Greenbrier Partners Capital Management, LLC26,578$57.1M3.83%−842−3.1%Reduced
Amundi26,189$56.3M0.02%+3,759+16.8%Added
Capco Asset Management, LLC26,094$56.1M13.72%−458−1.7%Reduced
Renaissance Technologies LLC26,031$56.0M0.09%+4,250+19.5%Added
Captrust Financial Advisors24,737$53.2M0.10%+16,900+215.6%Added
First Trust Advisors LP23,482$50.5M0.04%+4,640+24.6%Added
Marathon Asset Mgmt Ltd22,986$49.4M1.90%−1,885−7.6%Reduced
Greenlea Lane Capital Management, LLC22,905$49.2M14.37%+450+2.0%Added
Mitsubishi UFJ Trust & Banking Corp21,879$47.0M0.11%−9,188−29.6%Reduced
Beck Mack & Oliver LLC21,601$46.4M0.84%−1,749−7.5%Reduced
Russell Investments Group, Ltd.20,733$44.6M0.05%−361−1.7%Reduced
Broad Run Investment Management, LLC20,525$44.1M8.19%−22−0.1%Reduced
Lafayette Investments, Inc.20,393$43.8M8.29%+218+1.1%Added
Country Trust Bank20,284$43.6M0.79%+2,370+13.2%Added
National Pension Service20,003$43.0M0.03%+337+1.7%Added
Invesco Ltd.19,158$41.2M0.00%+392+2.1%Added
Marshall Wace, LLP18,997$40.8M0.04%+9,416+98.3%Added
Mraz, Amerine & Associates, Inc.18,938$40.7M6.05%+261+1.4%Added
Qube Research & Technologies Ltd18,633$40.1M0.06%−1,399−7.0%Reduced
HSBC Holdings PLC18,554$39.9M0.02%+5,000+36.9%Added
Jane Street Group, LLC18,410$39.6M0.05%−11,408−38.3%Reduced
American Century Companies Inc18,342$39.4M0.02%−4,169−18.5%Reduced
Pinnacle Associates Ltd18,236$39.2M0.50%−171−0.9%Reduced
California State Teachers Retirement System18,233$39.2M0.04%+1,165+6.8%Added
Nuveen, LLC17,926$38.5M0.01%−3,430−16.1%Reduced
Lincoln Capital LLC17,402$37.4M6.78%−147−0.8%Reduced
Barclays PLC15,985$34.4M0.01%−3,106−16.3%Reduced
Caisse de Depot Et Placement du Quebec15,637$33.6M0.06%+5,725+57.8%Added
Citadel Investment Advisory, Inc.15,619$33.6M14.51%+100+0.6%Added
AQR Capital Management LLC15,603$33.5M0.02%−83−0.5%Reduced
Rhumbline Advisers15,367$33.0M0.03%−244−1.6%Reduced
Toroso Investments, LLC15,335$33.0M0.14%−3,448−18.4%Reduced
Janus Henderson Group PLC14,903$32.1M0.01%−1,660−10.0%Reduced
JPMorgan Chase & Co14,858$31.9M0.00%−1,866−11.2%Reduced
Poehling Capital Management, LLC13,222$28.4M5.82%+47+0.4%Added
Stansberry Asset Management, LLC12,495$26.9M2.72%+153+1.2%Added
Mitsubishi UFJ Kokusai Asset Management Co., Ltd.12,484$26.6M0.02%+732+6.2%Added
FMR LLC12,334$26.5M0.00%−10,788−46.7%Reduced
Danske Bank A/S12,253$26.3M0.06%−1,042−7.8%Reduced
State Board of Administration of Florida Retirement System12,237$26.3M0.05%−527−4.1%Reduced
Millennium Management LLC12,150$26.1M0.02%−4,462−26.9%Reduced
Banyan Capital Management, Inc.11,290$24.3M10.55%−67−0.6%Reduced