Bares Capital Management’s Markel Group MKL Stock Holding History

Bares Capital Management’s Portfolio MKL Stock Details MKL Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2018 Q1	–	Sell	-127,627	Closed	-$145M	–	18
2017 Q4	$145M	Buy	127,627 +2,475	+2%	+$2.71M	6.08%	9
2017 Q3	$134M	Buy	125,152 +7,964	+7%	+$8.23M	6.03%	8
2017 Q2	$114M	Buy	117,188 +606	+0.5%	+$588K	5.09%	11
2017 Q1	$114M	Buy	116,582 +17,922	+18%	+$16.9M	5.65%	9
2016 Q4	$89.2M	Buy	98,660 +1,956	+2%	+$1.74M	5.31%	9
2016 Q3	$89.8M	Buy	96,704 +16,044	+20%	+$15M	5.35%	11
2016 Q2	$76.9M	Buy	80,660 +8,928	+12%	+$8.31M	5.47%	10
2016 Q1	$64M	Buy	71,732 +579	+0.8%	+$498K	4.63%	13
2015 Q4	$62.9M	Buy	71,153 +22,552	+46%	+$19.6M	4.94%	12
2015 Q3	$39M	Buy	48,601 +15,624	+47%	+$13.2M	3.87%	13
2015 Q2	$26.4M	Buy	+32,977	New	+$25.6M	2.47%	11

Other funds holding MKL

Vanguard Group Malvern, Pennsylvania $6.9T AUM 27.45% 1-Year Est. Return

BlackRock New York $5.72T AUM 30.48% 1-Year Est. Return

Principal Financial Group Des Moines, Iowa $187B AUM 18.48% 1-Year Est. Return

ACM

Atlanta Capital Management Atlanta, Georgia $22.5B AUM 9.67% 1-Year Est. Return

Baillie Gifford & Co Edinburgh, United Kingdom $97.9B AUM 20.73% 1-Year Est. Return

ACM

AKRE Capital Management Middleburg, Virginia $6.13B AUM 15.27% 1-Year Est. Return

Wellington Management Group Boston, Massachusetts $535B AUM 26.23% 1-Year Est. Return

State Street Boston, Massachusetts $2.9T AUM 29.55% 1-Year Est. Return

Davenport & Co Richmond, Virginia $20.4B AUM 18.11% 1-Year Est. Return

Capital Research Global Investors Los Angeles, California $645B AUM 30.41% 1-Year Est. Return

Bares Capital Management's MKL Position: Q1 2018 in Review

Bares Capital Management sold out of Markel Group (MKL) in Q1 2018, closing a stake of 127,627 shares — an estimated $145M sold.

Bares Capital Management first reported a position in MKL in Q2 2015 and held it in 11 quarters. The position peaked at $145M in Q4 2017. 493 funds tracked by Wall St. Rank hold MKL as of Q1 2018.

Bares Capital Management reported no remaining Markel Group position as of Q1 2018 after selling out during the quarter.
Bares Capital Management sold 127,627 Markel Group shares in Q1 2018, an estimated $145M.
Bares Capital Management first reported a position in Markel Group in Q2 2015 and held it in 11 quarters.
Bares Capital Management's Markel Group position peaked at $145M in Q4 2017.
493 funds tracked by Wall St. Rank held Markel Group as of Q1 2018.

Based on Bares Capital Management's 13F filing for Q1 2018, filed 9 May 2018.