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Giverny Capital’s Markel Group MKL Stock Holding History

Giverny Capital’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
2026
Q1 		$82.2M Sell
42,944
-1,034
-2% -$2.1M 3.01% 17
2025
Q4 		$94.5M Buy
43,978
+149
+0.3% +$302K 3.15% 15
2025
Q3 		$83.8M Buy
43,829
+133
+0.3% +$261K 2.84% 16
2025
Q2 		$87.3M Buy
43,696
+294
+0.7% +$551K 2.99% 14
2025
Q1 		$81.1M Buy
43,402
+71
+0.2% +$131K 2.99% 14
2024
Q4 		$74.8M Buy
43,331
+647
+2% +$1.07M 2.73% 15
2024
Q3 		$67M Buy
42,684
+1,213
+3% +$1.9M 2.55% 16
2024
Q2 		$65.3M Sell
41,471
-39,078
-49% -$60.7M 2.76% 16
2024
Q1 		$123M Buy
80,549
+1,369
+2% +$2.01M 4.98% 5
2023
Q4 		$112M Sell
79,180
-5,345
-6% -$7.58M 5.28% 5
2023
Q3 		$124M Buy
84,525
+719
+0.9% +$1.05M 6.76% 3
2023
Q2 		$116M Buy
83,806
+4,210
+5% +$5.65M 6.1% 5
2023
Q1 		$102M Sell
79,596
-1,764
-2% -$2.34M 6.12% 4
2022
Q4 		$107M Sell
81,360
-793
-1% -$981K 6.63% 4
2022
Q3 		$89.1M Buy
82,153
+1,624
+2% +$1.98M 6.03% 3
2022
Q2 		$104M Buy
80,529
+1,970
+3% +$2.7M 6.86% 3
2022
Q1 		$116M Buy
78,559
+2,245
+3% +$2.9M 6.54% 3
2021
Q4 		$94.2M Buy
76,314
+2,102
+3% +$2.65M 5.02% 6
2021
Q3 		$88.7M Buy
74,212
+2,900
+4% +$3.58M 5.29% 5
2021
Q2 		$84.6M Buy
71,312
+3,230
+5% +$3.87M 5.15% 5
2021
Q1 		$77.6M Buy
68,082
+21,330
+46% +$23M 5.19% 4
2020
Q4 		$48.3M Buy
46,752
+2,029
+5% +$2.02M 3.71% 13
2020
Q3 		$43.5M Buy
44,723
+553
+1% +$562K 3.99% 10
2020
Q2 		$40.8M Buy
44,170
+2,971
+7% +$2.7M 4.05% 10
2020
Q1 		$38.2M Buy
41,199
+2,187
+6% +$2.5M 4.87% 7
2019
Q4 		$44.6M Buy
39,012
+700
+2% +$797K 4.04% 10
2019
Q3 		$45.3M Buy
38,312
+418
+1% +$475K 4.51% 7
2019
Q2 		$41.3M Buy
37,894
+1,371
+4% +$1.44M 4.17% 7
2019
Q1 		$36.4M Buy
36,523
+2,085
+6% +$2.12M 4.17% 8
2018
Q4 		$35.7M Buy
34,438
+227
+0.7% +$248K 4.71% 5
2018
Q3 		$40.7M Buy
34,211
+1,892
+6% +$2.23M 4.6% 7
2018
Q2 		$35M Buy
32,319
+653
+2% +$737K 4.56% 7
2018
Q1 		$37.1M Buy
31,666
+939
+3% +$1.06M 4.96% 6
2017
Q4 		$35M Buy
30,727
+270
+0.9% +$295K 4.8% 8
2017
Q3 		$32.5M Buy
30,457
+553
+2% +$572K 4.75% 8
2017
Q2 		$29.2M Buy
29,904
+335
+1% +$325K 4.72% 8
2017
Q1 		$28.9M Buy
29,569
+1,542
+6% +$1.46M 4.79% 8
2016
Q4 		$25.4M Buy
28,027
+1,242
+5% +$1.11M 4.29% 10
2016
Q3 		$24.9M Buy
26,785
+143
+0.5% +$133K 4.63% 8
2016
Q2 		$25.4M Buy
26,642
+830
+3% +$773K 4.93% 7
2016
Q1 		$23M Buy
25,812
+502
+2% +$431K 4.53% 9
2015
Q4 		$22.4M Buy
25,310
+374
+1% +$325K 4.45% 8
2015
Q3 		$20M Buy
24,936
+807
+3% +$683K 4.02% 11
2015
Q2 		$19.3M Buy
24,129
+483
+2% +$376K 3.86% 10
2015
Q1 		$18.2M Buy
+23,646
New +$17.1M 3.98% 10

Other funds holding MKL

BlackRock
BlackRock New York $5.72T AUM 30.48% 1-Year Est. Return
VCM
Vanguard Capital Management Malvern, Pennsylvania $4.04T AUM
VPM
Vanguard Portfolio Management Malvern, Pennsylvania $1.91T AUM
Principal Financial Group
Principal Financial Group Des Moines, Iowa $187B AUM 18.48% 1-Year Est. Return
DSA
Davis Selected Advisers Tucson, Arizona $21.8B AUM 23.45% 1-Year Est. Return
Select Equity Group
Select Equity Group New York $19.5B AUM 17.33% 1-Year Est. Return
Morgan Stanley
Morgan Stanley New York $1.66T AUM 25.57% 1-Year Est. Return
State Street
State Street Boston, Massachusetts $2.9T AUM 29.55% 1-Year Est. Return
Boston Partners
Boston Partners Boston, Massachusetts $95.5B AUM 28.4% 1-Year Est. Return
VLKIM
Van Lanschot Kempen Investment Management Amsterdam, Netherlands $11.4B AUM 16.77% 1-Year Est. Return

Giverny Capital's MKL Position: Q1 2026 in Review

Giverny Capital reduced its Markel Group (MKL) stake by 2.4% in Q1 2026, selling an estimated $2.1M and leaving 42,944 shares worth $82.2M. The position accounts for 3.01% of the portfolio, ranked #17.

Giverny Capital first reported a position in MKL in Q1 2015 and has held it in 45 quarters since. The position peaked at $124M in Q3 2023. 925 funds tracked by Wall St. Rank hold MKL as of Q1 2026.

  • Giverny Capital held 42,944 shares of Markel Group worth $82.2M as of Q1 2026.
  • Giverny Capital sold 1,034 Markel Group shares in Q1 2026, an estimated $2.1M.
  • Markel Group made up 3.01% of Giverny Capital's portfolio in Q1 2026, its #17 holding.
  • Giverny Capital first reported a position in Markel Group in Q1 2015 and has held it in 45 quarters since.
  • Giverny Capital's Markel Group position peaked at $124M in Q3 2023.
  • 925 funds tracked by Wall St. Rank held Markel Group as of Q1 2026.

Based on Giverny Capital's 13F filing for Q1 2026, filed 15 May 2026.