PenderFund Capital Management’s Markel Group MKL Stock Holding History

PenderFund 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
2026 Q2	$822K	Sell	421 -96	-19%	-$179K	0.11%	71
2026 Q1	$990K	Hold	517	–	–	0.16%	53
2025 Q4	$1.11M	Buy	517 +2	+0.4%	+$4.05K	0.18%	45
2025 Q3	$984K	Hold	515	–	–	0.17%	48
2025 Q2	$1.03M	Buy	515 +6	+1%	+$11.3K	0.24%	43
2025 Q1	$2.31M	Buy	509 +5	+1%	+$9.2K	0.63%	31
2024 Q4	$1.25M	Buy	+504	New	+$836K	0.27%	37
2018 Q1	–	Sell	-773	Closed	-$868K	–	73
2017 Q4	$868K	Buy	+773	New	+$845K	0.57%	27

Other funds holding MKL

BlackRock New York $6.73T AUM 46.02% 1-Year Est. Return

Vanguard Capital Management Malvern, Pennsylvania $4.68T AUM

Vanguard Portfolio Management Malvern, Pennsylvania $2.22T AUM

DSA

Davis Selected Advisers Tucson, Arizona $23.3B AUM 26.95% 1-Year Est. Return

Morgan Stanley New York $1.89T AUM 35.08% 1-Year Est. Return

Select Equity Group New York $20.2B AUM 17.52% 1-Year Est. Return

State Street Boston, Massachusetts $3.37T AUM 44.26% 1-Year Est. Return

Principal Financial Group Des Moines, Iowa $204B AUM 27.99% 1-Year Est. Return

Boston Partners Boston, Massachusetts $113B AUM 38.87% 1-Year Est. Return

VLKIM

Van Lanschot Kempen Investment Management Amsterdam, Netherlands $13.1B AUM 19.56% 1-Year Est. Return

PenderFund Capital Management's MKL Position: Q2 2026 in Review

PenderFund Capital Management reduced its Markel Group (MKL) stake by 19% in Q2 2026, selling an estimated $179K and leaving 421 shares worth $822K. The position accounts for 0.11% of the portfolio, ranked #71.

PenderFund Capital Management first reported a position in MKL in Q4 2017 and has held it in 8 quarters since. The position peaked at $2.31M in Q1 2025. 926 funds tracked by Wall St. Rank hold MKL as of Q2 2026.

PenderFund Capital Management held 421 shares of Markel Group worth $822K as of Q2 2026.
PenderFund Capital Management sold 96 Markel Group shares in Q2 2026, an estimated $179K.
Markel Group made up 0.11% of PenderFund Capital Management's portfolio in Q2 2026, its #71 holding.
PenderFund Capital Management first reported a position in Markel Group in Q4 2017 and has held it in 8 quarters since.
PenderFund Capital Management's Markel Group position peaked at $2.31M in Q1 2025.
926 funds tracked by Wall St. Rank held Markel Group as of Q2 2026.

Based on PenderFund Capital Management's 13F filing for Q2 2026, filed 17 Aug 2026.