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 |
The Mosaic Company
MOS
|
+$6.98M |
| 2 |
Blackrock
BLK
|
+$6.57M |
| 3 |
ENI
E
|
+$4.86M |
| 4 |
Ascent Industries
ACNT
|
+$4.79M |
| 5 |
Chevron
CVX
|
+$4.06M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Atlantic Union Bankshares
AUB
|
+$34.1M |
| 2 |
PCL
PLUM CREEK TIMBER CO (REIT)
PCL
|
+$15.2M |
| 3 |
Jefferies Financial Group
JEF
|
+$8.73M |
| 4 |
CarMax
KMX
|
+$3.66M |
| 5 |
Berkshire Hathaway Class B
BRK.B
|
+$2.17M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 31.66% |
| 2 | Consumer Discretionary | 16.06% |
| 3 | Consumer Staples | 13.6% |
| 4 | Healthcare | 11.9% |
| 5 | Industrials | 9.78% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
76
Mastercard
MA
$522B
| $5.38M | 0.18% |
80,000
| – | – |
|
77
Coca-Cola
KO
$395B
| $5.03M | 0.17% |
132,900
-1,100
| -0.8% | -$43.5K |
|
78
KKR & Co
KKR
$97.6B
| $4.94M | 0.17% |
240,000
+125,000
| +109% | +$2.51M |
|
79
Ecolab
ECL
$80.1B
| $4.78M | 0.16% |
48,400
| – | – |
|
|
HCCI
80
DELISTED
Heritage-Crystal Clean, Inc.
HCCI
| $4.67M | 0.16% |
259,500
| – | – |
|
81
Amazon
AMZN
$2.83T
| $4.66M | 0.16% |
298,000
+82,000
| +38% | +$1.22M |
|
82
Costco
COST
$429B
| $4.57M | 0.16% |
39,700
-600
| -1% | -$69.3K |
|
|
BTU
83
DELISTED
PEABODY ENERGY CORP COM STK NEW (DE)
BTU
| $4.49M | 0.15% |
17,333
| – | – |
|
84
Factset
FDS
$10.8B
| $4.04M | 0.14% |
37,000
+2,000
| +6% | +$216K |
|
85
SEI Investments
SEIC
$13.4B
| $4.02M | 0.14% |
130,000
| – | – |
|
|
MON
86
DELISTED
Monsanto Co
MON
| $3.73M | 0.13% |
35,700
| – | – |
|
87
IBM
IBM
$220B
| $3.72M | 0.13% |
21,025
| – | – |
|
88
Carlyle Group
CG
$17.5B
| $3.47M | 0.12% |
135,000
+115,000
| +575% | +$3.05M |
|
|
BPY
89
DELISTED
Brookfield Property Partners L.P. Limited Partnership Units
BPY
| $3.35M | 0.11% |
172,900
-2,222
| -1% | -$44.6K |
|
90
Graham Holdings Company
GHC
$4.98B
| $3.24M | 0.11% |
8,772
| – | – |
|
91
Apollo Global Management
APO
$78.5B
| $2.83M | 0.1% |
+100,300
| New | +$2.69M |
|
92
Air Products & Chemicals
APD
$67.4B
| $2.66M | 0.09% |
27,025
-1,081
| -4% | -$103K |
|
93
Procter & Gamble
PG
$339B
| $2.58M | 0.09% |
34,100
| – | – |
|
|
POT
94
DELISTED
Potash Corp Of Saskatchewan
POT
| $2.19M | 0.08% |
+70,000
| New | +$2.32M |
|
|
APOL
95
DELISTED
Apollo Education Group Inc Class A
APOL
| $2.19M | 0.07% |
+105,000
| New | +$2.03M |
|
96
Natural Resource Partners
NRP
$1.41B
| $1.94M | 0.07% |
10,190
| – | – |
|
|
Y
97
DELISTED
Alleghany Corp
Y
| $1.77M | 0.06% |
4,328
| – | – |
|
98
Core Laboratories
CLB
$553M
| $1.69M | 0.06% |
10,000
+4,000
| +67% | +$621K |
|
99
Ross Stores
ROST
$75.8B
| $1.67M | 0.06% |
46,000
+10,000
| +28% | +$341K |
|
|
ACI
100
DELISTED
ARCH COAL, INC.
ACI
| $1.63M | 0.06% |
39,600
| – | – |
|
Similar funds
Tom Gayner's Q3 2013 Portfolio in Review
As of Q3 2013, Tom Gayner held 112 positions worth $2.92B, up 4.3% from $2.8B the previous quarter. Its ten largest holdings account for 47% of the portfolio.
Tom Gayner's Q3 2013 filing shows 5 new, 30 increased, 35 reduced and 5 closed positions. Its largest new stake was The Mosaic Company: 150,000 shares worth $6.45M. The largest sale was Atlantic Union Bankshares, an estimated $34.1M.
By sector, the portfolio is most concentrated in Financials at 32% of assets, down from 33% a quarter earlier, followed by Consumer Discretionary and Consumer Staples.
- Tom Gayner's largest Q3 2013 buy was The Mosaic Company: 150,000 shares worth $6.45M.
- Tom Gayner added most to Blackrock in Q3 2013, an estimated $6.57M increase.
- Tom Gayner's biggest Q3 2013 reduction was Jefferies Financial Group, cutting an estimated $8.73M.
- Tom Gayner fully exited Atlantic Union Bankshares in Q3 2013, selling an estimated $34.1M.
- Tom Gayner's ten largest holdings make up 47% of its $2.92B portfolio in Q3 2013.
- Tom Gayner opened 5 new positions and closed 5 in Q3 2013.
- Tom Gayner's portfolio value rose 4.3% quarter-over-quarter to $2.92B.
Based on Markel Group's 13F filing for Q3 2013, filed 12 Nov 2013.