Tom Gayner Markel Group
Tom Gayner is the CEO of Markel Group and long-time steward of its public equity portfolio. Often compared to a smaller-scale Berkshire-style model, Markel combines insurance operations with a carefully selected book of common stocks. Gayner is known for a patient, owner-oriented philosophy and for writing clearly about compounding, culture, and long-term business ownership.
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
CarMax
KMX
|
+$232M |
| 2 |
Berkshire Hathaway Class A
BRK.A
|
+$181M |
| 3 |
Berkshire Hathaway Class B
BRK.B
|
+$171M |
| 4 |
Diageo
DEO
|
+$149M |
| 5 |
Brookfield
BN
|
+$114M |
Top Sells
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 33.09% |
| 2 | Consumer Discretionary | 16.21% |
| 3 | Consumer Staples | 13.47% |
| 4 | Healthcare | 11.2% |
| 5 | Industrials | 9.27% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
26
General Dynamics
GD
$104B
| $31.4M | 1.12% |
+401,158
| New | +$29.9M |
|
27
Brown-Forman Class A
BF.A
$13.3B
| $28.8M | 1.03% |
+1,064,100
| New | +$30.4M |
|
28
American Express
AXP
$227B
| $27.5M | 0.98% |
+367,936
| New | +$26.2M |
|
29
Teva Pharmaceuticals
TEVA
$43.5B
| $27.4M | 0.98% |
+699,000
| New | +$27.2M |
|
30
Microsoft
MSFT
$3.59T
| $26.7M | 0.95% |
+772,600
| New | +$25.3M |
|
31
Lowe's Companies
LOW
$121B
| $23.4M | 0.84% |
+572,700
| New | +$23.1M |
|
32
3M
MMM
$92.3B
| $22.5M | 0.8% |
+246,137
| New | +$22.3M |
|
33
Visa
V
$693B
| $21.9M | 0.78% |
+478,400
| New | +$20.9M |
|
|
SCHW
34
Charles Schwab
SCHW
$194B
| $21.8M | 0.78% |
+1,026,816
| New | +$19M |
|
35
Intel
INTC
$476B
| $20.2M | 0.72% |
+835,000
| New | +$19.7M |
|
36
Caterpillar
CAT
$381B
| $20.2M | 0.72% |
+245,200
| New | +$20.9M |
|
37
Oracle
ORCL
$422B
| $20.1M | 0.72% |
+655,400
| New | +$21.7M |
|
|
BRSL
38
Brightstar Lottery PLC
BRSL
$2.21B
| $19.9M | 0.71% |
+1,189,263
| New | +$20.4M |
|
39
Jefferies Financial Group
JEF
$12.1B
| $18.8M | 0.67% |
+800,906
| New | +$21M |
|
40
McDonald's
MCD
$192B
| $18.8M | 0.67% |
+189,462
| New | +$19M |
|
41
T. Rowe Price
TROW
$23.8B
| $18.3M | 0.66% |
+250,500
| New | +$18.7M |
|
42
Illinois Tool Works
ITW
$80.4B
| $16.9M | 0.6% |
+243,905
| New | +$16.3M |
|
|
ITIC
43
Investors Title Co
ITIC
$546M
| $16.2M | 0.58% |
+228,150
| New | +$16.1M |
|
|
PCL
44
DELISTED
PLUM CREEK TIMBER CO (REIT)
PCL
| $15.2M | 0.54% |
+325,300
| New | +$16.4M |
|
|
CRR
45
DELISTED
Carbo Ceramics Inc.
CRR
| $14.7M | 0.53% |
+218,000
| New | +$16.1M |
|
46
NOV
NOV
$7.28B
| $13.2M | 0.47% |
+211,819
| New | +$13.1M |
|
47
Brown & Brown
BRO
$24.4B
| $11.8M | 0.42% |
+731,256
| New | +$11.6M |
|
48
Capital One
COF
$134B
| $11.8M | 0.42% |
+187,400
| New | +$11M |
|
49
Liberty Media Series A
FWONA
$24.2B
| $10.8M | 0.39% |
+478,462
| New | +$10.1M |
|
50
SLB Ltd
SLB
$79.9B
| $10.7M | 0.38% |
+150,000
| New | +$11.1M |
|
Similar funds
Tom Gayner's Q2 2013 Portfolio in Review
Q2 2013 is the first quarter with a 13F filing on record for Tom Gayner, which disclosed 107 positions worth $2.8B. Its ten largest holdings account for 47% of the portfolio.
Its largest position is CarMax: 5,109,271 shares worth $236M.
By sector, the portfolio is most concentrated in Financials at 33% of assets, followed by Consumer Discretionary and Consumer Staples.
- Tom Gayner's largest Q2 2013 buy was CarMax: 5,109,271 shares worth $236M.
- Tom Gayner's ten largest holdings make up 47% of its $2.8B portfolio in Q2 2013.
- Tom Gayner disclosed 107 positions in Q2 2013, its first 13F filing on record.
Based on Markel Group's 13F filing for Q2 2013, filed 8 Aug 2013.