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 |
Apple
AAPL
|
+$19.4M |
| 2 |
Whirlpool
WHR
|
+$15M |
| 3 |
Alphabet (Google) Class C
GOOG
|
+$9.82M |
| 4 |
ScottsMiracle-Gro
SMG
|
+$9.04M |
| 5 |
Sherwin-Williams
SHW
|
+$8.35M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Deere & Co
DE
|
+$14.3M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 32.88% |
| 2 | Consumer Discretionary | 19.15% |
| 3 | Industrials | 11.14% |
| 4 | Communication Services | 9.68% |
| 5 | Healthcare | 9.21% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
51
T. Rowe Price
TROW
$23.8B
| $31.4M | 0.53% |
314,000
| – | – |
|
52
Live Nation Entertainment
LYV
$42.4B
| $31.1M | 0.52% |
488,700
| – | – |
|
53
S&P Global
SPGI
$127B
| $31M | 0.52% |
147,000
| – | – |
|
54
Hasbro
HAS
$13.2B
| $30.9M | 0.52% |
364,000
| – | – |
|
55
Nike
NKE
$60.5B
| $30.8M | 0.52% |
366,000
| – | – |
|
56
KKR & Co
KKR
$97.4B
| $30.5M | 0.51% |
1,298,500
+57,500
| +5% | +$1.31M |
|
|
DISCK
57
DELISTED
Discovery, Inc. Series C Common Stock
DISCK
| $29.8M | 0.5% |
1,171,000
| – | – |
|
|
SRCL
58
DELISTED
Stericycle Inc
SRCL
| $29.7M | 0.5% |
545,500
+94,000
| +21% | +$4.26M |
|
59
RTX Corp
RTX
$283B
| $28.9M | 0.48% |
355,936
| – | – |
|
60
Factset
FDS
$10.7B
| $28.8M | 0.48% |
116,000
| – | – |
|
61
Accenture
ACN
$113B
| $28.1M | 0.47% |
159,400
| – | – |
|
62
Apollo Global Management
APO
$78.4B
| $28M | 0.47% |
990,500
+22,000
| +2% | +$626K |
|
63
MSCI
MSCI
$41B
| $27.2M | 0.46% |
137,000
| – | – |
|
|
64
Whirlpool
WHR
$2.63B
| $25.9M | 0.43% |
194,749
+113,490
| +140% | +$15M |
|
65
HEICO Corp Class A
HEI.A
$36.5B
| $25.6M | 0.43% |
304,145
+12,000
| +4% | +$880K |
|
66
Brown-Forman Class B
BF.B
$13.1B
| $25M | 0.42% |
474,187
| – | – |
|
67
Meta Platforms (Facebook)
META
$1.4T
| $24M | 0.4% |
144,080
+5,550
| +4% | +$883K |
|
|
68
ScottsMiracle-Gro
SMG
$3.55B
| $23.4M | 0.39% |
298,000
+120,000
| +67% | +$9.04M |
|
69
Rockwell Automation
ROK
$48.5B
| $22.4M | 0.38% |
127,800
| – | – |
|
70
CME Group
CME
$98.9B
| $22.2M | 0.37% |
135,000
| – | – |
|
71
Carlyle Group
CG
$17.6B
| $20.9M | 0.35% |
1,144,000
+51,000
| +5% | +$926K |
|
72
Parker-Hannifin
PH
$126B
| $20.4M | 0.34% |
118,600
| – | – |
|
73
SEI Investments
SEIC
$13.1B
| $20M | 0.34% |
383,200
+20,000
| +6% | +$1M |
|
|
LSXMK
74
DELISTED
Liberty Media Corporation Series C Liberty SiriusXM Common Stock
LSXMK
| $20M | 0.33% |
685,358
| – | – |
|
75
Tyson Foods
TSN
$20.6B
| $19.9M | 0.33% |
286,000
+60,000
| +27% | +$3.71M |
|
Similar funds
Tom Gayner's Q1 2019 Portfolio in Review
As of Q1 2019, Tom Gayner held 133 positions worth $5.97B, up 14% from $5.23B the previous quarter. Its ten largest holdings account for 40% of the portfolio.
Trading was light in Q1 2019: portfolio turnover was 0.75%. Tom Gayner opened 1 new position and made no exits, leaving the 133-position portfolio largely intact.
By sector, the portfolio is most concentrated in Financials at 33% of assets, down from 34% a quarter earlier, followed by Consumer Discretionary and Industrials.
- Tom Gayner's largest Q1 2019 buy was Synchrony: 8,006 shares worth $255K.
- Tom Gayner added most to Apple in Q1 2019, an estimated $19.4M increase.
- Tom Gayner's biggest Q1 2019 reduction was Deere & Co, cutting an estimated $14.3M.
- Tom Gayner's ten largest holdings make up 40% of its $5.97B portfolio in Q1 2019.
- Tom Gayner opened 1 new position and closed 0 in Q1 2019.
- Tom Gayner's portfolio value rose 14% quarter-over-quarter to $5.97B.
Based on Markel Group's 13F filing for Q1 2019, filed 3 May 2019.