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 |
LSXMK
Liberty Media Corporation Series C Liberty SiriusXM Common Stock
LSXMK
|
+$16.4M |
| 2 |
S&P Global
SPGI
|
+$15.8M |
| 3 |
LSXMA
Liberty Media Corporation Series A Liberty SiriusXM Common Stock
LSXMA
|
+$13.6M |
| 4 |
Texas Instruments
TXN
|
+$10.1M |
| 5 |
Analog Devices
ADI
|
+$8.59M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Mattel
MAT
|
+$21.4M |
| 2 |
Federated Hermes
FHI
|
+$21.3M |
| 3 |
MHFI
MCGRAW-HILL FINANCIAL INC COM
MHFI
|
+$14.6M |
| 4 |
Liberty Media Series C
FWONK
|
+$11.7M |
| 5 |
Procter & Gamble
PG
|
+$10.5M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 31.57% |
| 2 | Consumer Discretionary | 15.46% |
| 3 | Healthcare | 13.23% |
| 4 | Industrials | 10.3% |
| 5 | Consumer Staples | 10.06% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
26
Lowe's Companies
LOW
$121B
| $42.8M | 1.13% |
540,000
| – | – |
|
|
MRSH
27
Marsh
MRSH
$91.6B
| $41.7M | 1.1% |
609,500
+20,000
| +3% | +$1.28M |
|
|
MON
28
DELISTED
Monsanto Co
MON
| $41M | 1.08% |
396,700
| – | – |
|
29
Travelers Companies
TRV
$75.8B
| $37.5M | 0.99% |
315,000
| – | – |
|
30
3M
MMM
$92.3B
| $35.7M | 0.94% |
243,984
| – | – |
|
31
Hasbro
HAS
$13.2B
| $30.6M | 0.81% |
364,000
| – | – |
|
32
Enovis
ENOV
$1.5B
| $30M | 0.79% |
659,476
| – | – |
|
33
Elevance Health
ELV
$86.9B
| $29.4M | 0.78% |
224,000
| – | – |
|
|
OAK
34
DELISTED
OAKTREE CAPITAL GROUP, LLC
OAK
| $28.8M | 0.76% |
644,500
+55,000
| +9% | +$2.56M |
|
35
Moody's
MCO
$87.2B
| $27.2M | 0.72% |
290,000
| – | – |
|
|
SCHW
36
Charles Schwab
SCHW
$194B
| $26.8M | 0.71% |
1,057,000
| – | – |
|
37
Factset
FDS
$10.7B
| $26.5M | 0.7% |
164,000
| – | – |
|
38
Oracle
ORCL
$422B
| $26.1M | 0.69% |
638,000
| – | – |
|
39
Illinois Tool Works
ITW
$80.4B
| $24M | 0.63% |
230,000
| – | – |
|
40
CVS Health
CVS
$119B
| $23.6M | 0.62% |
247,000
| – | – |
|
41
American Express
AXP
$227B
| $23.5M | 0.62% |
386,000
| – | – |
|
42
Alphabet (Google) Class C
GOOG
$4.18T
| $23.2M | 0.61% |
670,620
+210,000
| +46% | +$7.54M |
|
43
Watsco Inc
WSO
$12.9B
| $21.2M | 0.56% |
150,500
+23,100
| +18% | +$3.1M |
|
44
Caterpillar
CAT
$381B
| $21.1M | 0.56% |
278,000
| – | – |
|
45
T. Rowe Price
TROW
$23.8B
| $20.8M | 0.55% |
285,000
| – | – |
|
46
NOV
NOV
$7.28B
| $20.5M | 0.54% |
610,000
| – | – |
|
|
ITIC
47
Investors Title Co
ITIC
$546M
| $20.3M | 0.54% |
213,300
| – | – |
|
48
Ecolab
ECL
$78.9B
| $19.7M | 0.52% |
165,800
+3,800
| +2% | +$443K |
|
49
Norfolk Southern
NSC
$78.8B
| $19.5M | 0.51% |
229,500
+21,000
| +10% | +$1.78M |
|
|
DISCK
50
DELISTED
Discovery, Inc. Series C Common Stock
DISCK
| $18M | 0.48% |
756,000
+18,000
| +2% | +$475K |
|
Similar funds
Tom Gayner's Q2 2016 Portfolio in Review
As of Q2 2016, Tom Gayner held 143 positions worth $3.79B, up 1.9% from $3.73B the previous quarter. Its ten largest holdings account for 44% of the portfolio.
Tom Gayner's Q2 2016 filing shows 14 new, 46 increased, 5 reduced and 13 closed positions. Its largest new stake was Liberty Media Corporation Series C Liberty SiriusXM Common Stock: 685,358 shares worth $16.1M. The largest sale was Mattel, an estimated $21.4M.
By sector, the portfolio is most concentrated in Financials at 32% of assets, down from 32% a quarter earlier, followed by Consumer Discretionary and Healthcare.
- Tom Gayner's largest Q2 2016 buy was Liberty Media Corporation Series C Liberty SiriusXM Common Stock: 685,358 shares worth $16.1M.
- Tom Gayner added most to Texas Instruments in Q2 2016, an estimated $10.1M increase.
- Tom Gayner's biggest Q2 2016 reduction was Liberty Media Series C, cutting an estimated $11.7M.
- Tom Gayner fully exited Mattel in Q2 2016, selling an estimated $21.4M.
- Tom Gayner's ten largest holdings make up 44% of its $3.79B portfolio in Q2 2016.
- Tom Gayner opened 14 new positions and closed 13 in Q2 2016.
- Tom Gayner's portfolio value rose 1.9% quarter-over-quarter to $3.79B.
Based on Markel Group's 13F filing for Q2 2016, filed 5 Aug 2016.