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 |
Alphabet (Google) Class C
GOOG
|
+$5.01M |
| 2 |
Amazon
AMZN
|
+$3.24M |
| 3 |
Analog Devices
ADI
|
+$2.99M |
| 4 |
Texas Instruments
TXN
|
+$2.92M |
| 5 |
LLTC
Linear Technology Corp
LLTC
|
+$2.79M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
United Parcel Service
UPS
|
+$76.4M |
| 2 |
FedEx
FDX
|
+$4.77M |
| 3 |
Tapestry
TPR
|
+$1.77M |
| 4 |
Donaldson
DCI
|
+$1.38M |
| 5 |
Ascent Industries
ACNT
|
+$723K |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 32.45% |
| 2 | Consumer Discretionary | 16.66% |
| 3 | Healthcare | 13.2% |
| 4 | Industrials | 9.89% |
| 5 | Consumer Staples | 9.71% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
26
Copart
CPRT
$31.3B
| $39.3M | 1.06% |
7,720,000
| – | – |
|
27
Travelers Companies
TRV
$75.8B
| $36.8M | 0.99% |
315,000
| – | – |
|
|
MRSH
28
Marsh
MRSH
$91.6B
| $35.8M | 0.96% |
589,500
| – | – |
|
|
MON
29
DELISTED
Monsanto Co
MON
| $34.8M | 0.93% |
396,700
+4,700
| +1% | +$424K |
|
30
3M
MMM
$92.3B
| $34M | 0.91% |
243,984
| – | – |
|
31
Enovis
ENOV
$1.5B
| $32.5M | 0.87% |
659,476
| – | – |
|
32
Elevance Health
ELV
$86.9B
| $31.1M | 0.84% |
224,000
| – | – |
|
|
SCHW
33
Charles Schwab
SCHW
$194B
| $29.6M | 0.8% |
1,057,000
| – | – |
|
34
Hasbro
HAS
$13.2B
| $29.2M | 0.78% |
364,000
| – | – |
|
|
OAK
35
DELISTED
OAKTREE CAPITAL GROUP, LLC
OAK
| $29.1M | 0.78% |
589,500
+20,000
| +4% | +$910K |
|
36
Moody's
MCO
$87.2B
| $28M | 0.75% |
290,000
| – | – |
|
37
Oracle
ORCL
$422B
| $26.1M | 0.7% |
638,000
| – | – |
|
38
CVS Health
CVS
$119B
| $25.6M | 0.69% |
247,000
| – | – |
|
39
Factset
FDS
$10.7B
| $24.9M | 0.67% |
164,000
| – | – |
|
40
American Express
AXP
$227B
| $23.7M | 0.64% |
386,000
| – | – |
|
41
Illinois Tool Works
ITW
$80.4B
| $23.6M | 0.63% |
230,000
| – | – |
|
42
Mattel
MAT
$4.15B
| $21.4M | 0.57% |
636,000
| – | – |
|
43
Federated Hermes
FHI
$4.76B
| $21.3M | 0.57% |
739,000
-25,000
| -3% | -$658K |
|
44
Caterpillar
CAT
$381B
| $21.3M | 0.57% |
278,000
| – | – |
|
45
T. Rowe Price
TROW
$23.8B
| $20.9M | 0.56% |
285,000
| – | – |
|
|
DISCK
46
DELISTED
Discovery, Inc. Series C Common Stock
DISCK
| $19.9M | 0.53% |
738,000
+20,000
| +3% | +$519K |
|
47
Liberty Media Series C
FWONK
$26.3B
| $19.9M | 0.53% |
737,470
| – | – |
|
48
Nike
NKE
$60.5B
| $19.7M | 0.53% |
320,000
| – | – |
|
|
ITIC
49
Investors Title Co
ITIC
$546M
| $19.4M | 0.52% |
213,300
| – | – |
|
50
NOV
NOV
$7.28B
| $19M | 0.51% |
610,000
| – | – |
|
Similar funds
Tom Gayner's Q1 2016 Portfolio in Review
As of Q1 2016, Tom Gayner held 138 positions worth $3.73B, up 0.84% from $3.69B the previous quarter. Its ten largest holdings account for 45% of the portfolio.
Tom Gayner's Q1 2016 filing shows 8 new, 40 increased, 2 reduced and 9 closed positions. Its largest new stake was Analog Devices: 56,000 shares worth $3.31M. The largest sale was United Parcel Service, an estimated $76.4M.
By sector, the portfolio is most concentrated in Financials at 32% of assets, up from 32% a quarter earlier, followed by Consumer Discretionary and Healthcare.
- Tom Gayner's largest Q1 2016 buy was Analog Devices: 56,000 shares worth $3.31M.
- Tom Gayner added most to Alphabet (Google) Class C in Q1 2016, an estimated $5.01M increase.
- Tom Gayner's biggest Q1 2016 reduction was Ascent Industries, cutting an estimated $723K.
- Tom Gayner fully exited United Parcel Service in Q1 2016, selling an estimated $76.4M.
- Tom Gayner's ten largest holdings make up 45% of its $3.73B portfolio in Q1 2016.
- Tom Gayner opened 8 new positions and closed 9 in Q1 2016.
- Tom Gayner's portfolio value rose 0.84% quarter-over-quarter to $3.73B.
Based on Markel Group's 13F filing for Q1 2016, filed 6 May 2016.