Markel Group’s American Express AXP Stock Holding History

Markel Group’s Portfolio AXP Stock Details AXP Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2026 Q1	$148M	Buy	490,450 +1,950	+0.4%	+$654K	1.24%	23
2025 Q4	$181M	Buy	488,500 +4,250	+0.9%	+$1.52M	1.44%	20
2025 Q3	$161M	Hold	484,250	–	–	1.31%	22
2025 Q2	$154M	Hold	484,250	–	–	1.31%	25
2025 Q1	$130M	Hold	484,250	–	–	1.16%	27
2024 Q4	$144M	Hold	484,250	–	–	1.27%	27
2024 Q3	$131M	Hold	484,250	–	–	1.18%	26
2024 Q2	$112M	Hold	484,250	–	–	1.1%	29
2024 Q1	$110M	Hold	484,250	–	–	1.09%	30
2023 Q4	$90.7M	Hold	484,250	–	–	0.99%	32
2023 Q3	$72.2M	Hold	484,250	–	–	0.87%	36
2023 Q2	$84.4M	Hold	484,250	–	–	1%	27
2023 Q1	$79.9M	Hold	484,250	–	–	1.02%	28
2022 Q4	$71.5M	Hold	484,250	–	–	0.96%	30
2022 Q3	$65.3M	Hold	484,250	–	–	0.96%	28
2022 Q2	$67.1M	Hold	484,250	–	–	0.96%	28
2022 Q1	$90.6M	Hold	484,250	–	–	1.07%	27
2021 Q4	$79.2M	Hold	484,250	–	–	0.91%	31
2021 Q3	$81.1M	Hold	484,250	–	–	1.03%	27
2021 Q2	$80M	Buy	484,250 +100	+0%	+$15.7K	1.01%	26
2021 Q1	$68.5M	Buy	484,150 +200	+0%	+$26.4K	0.95%	29
2020 Q4	$58.5M	Hold	483,950	–	–	0.87%	32
2020 Q3	$48.5M	Hold	483,950	–	–	0.82%	36
2020 Q2	$46.1M	Hold	483,950	–	–	0.86%	34
2020 Q1	$41.4M	Buy	483,950 +2,700	+0.6%	+$314K	0.78%	36
2019 Q4	$59.9M	Buy	481,250 +9,950	+2%	+$1.19M	0.83%	34
2019 Q3	$55.7M	Buy	471,300 +20,300	+5%	+$2.49M	0.84%	32
2019 Q2	$55.7M	Buy	451,000 +59,000	+15%	+$6.93M	0.86%	32
2019 Q1	$42.8M	Buy	392,000 +6,000	+2%	+$631K	0.72%	38
2018 Q4	$36.8M	Hold	386,000	–	–	0.7%	37
2018 Q3	$41.1M	Hold	386,000	–	–	0.69%	38
2018 Q2	$37.8M	Hold	386,000	–	–	0.69%	36
2018 Q1	$36M	Hold	386,000	–	–	0.68%	39
2017 Q4	$38.3M	Hold	386,000	–	–	0.72%	40
2017 Q3	$34.9M	Hold	386,000	–	–	0.7%	41
2017 Q2	$32.5M	Hold	386,000	–	–	0.69%	42
2017 Q1	$30.5M	Hold	386,000	–	–	0.69%	41
2016 Q4	$28.6M	Hold	386,000	–	–	0.69%	37
2016 Q3	$24.7M	Hold	386,000	–	–	0.64%	42
2016 Q2	$23.5M	Hold	386,000	–	–	0.62%	41
2016 Q1	$23.7M	Hold	386,000	–	–	0.64%	40
2015 Q4	$26.8M	Hold	386,000	–	–	0.73%	36
2015 Q3	$28.6M	Buy	386,000 +19,000	+5%	+$1.46M	0.75%	39
2015 Q2	$28.5M	Buy	367,000 +6,000	+2%	+$476K	0.71%	40
2015 Q1	$28.2M	Buy	361,000 +12,000	+3%	+$997K	0.71%	38
2014 Q4	$32.5M	Hold	349,000	–	–	0.82%	36
2014 Q3	$30.6M	Hold	349,000	–	–	0.86%	36
2014 Q2	$33.1M	Hold	349,000	–	–	0.94%	33
2014 Q1	$31.4M	Sell	349,000 -3,500	-1%	-$313K	0.96%	30
2013 Q4	$32M	Sell	352,500 -1,737	-0.5%	-$143K	1.01%	26
2013 Q3	$26.8M	Sell	354,237 -13,699	-4%	-$1.03M	0.92%	27
2013 Q2	$27.5M	Buy	+367,936	New	+$26.2M	0.98%	28

Other funds holding AXP

Berkshire Hathaway Omaha, Nebraska $263B AUM 16.68% 1-Year Est. Return

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

VCM

Vanguard Capital Management Malvern, Pennsylvania $4.04T AUM

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

JP Morgan Chase New York $1.56T AUM 27.86% 1-Year Est. Return

Geode Capital Management Boston, Massachusetts $1.61T AUM 30.72% 1-Year Est. Return

Morgan Stanley New York $1.66T AUM 25.57% 1-Year Est. Return

Fidelity Investments Boston, Massachusetts $1.9T AUM 41.92% 1-Year Est. Return

Fisher Asset Management Camas, Washington $295B AUM 31.6% 1-Year Est. Return

VPM

Vanguard Portfolio Management Malvern, Pennsylvania $1.91T AUM

Markel Group's AXP Position: Q1 2026 in Review

Markel Group increased its American Express (AXP) stake by 0.4% in Q1 2026, buying an estimated $654K and bringing the position to 490,450 shares worth $148M. The position accounts for 1.24% of the portfolio, ranked #23.

Markel Group first reported a position in AXP in Q2 2013 and has held it in 52 quarters since. The position peaked at $181M in Q4 2025. 2,888 funds tracked by Wall St. Rank hold AXP as of Q1 2026.

Markel Group held 490,450 shares of American Express worth $148M as of Q1 2026.
Markel Group bought 1,950 American Express shares in Q1 2026, an estimated $654K.
American Express made up 1.24% of Markel Group's portfolio in Q1 2026, its #23 holding.
Markel Group first reported a position in American Express in Q2 2013 and has held it in 52 quarters since.
Markel Group's American Express position peaked at $181M in Q4 2025.
2,888 funds tracked by Wall St. Rank held American Express as of Q1 2026.

Based on Markel Group's 13F filing for Q1 2026, filed 1 May 2026.