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 |
Unilever
UL
|
+$13.6M |
| 2 |
CB
CHUBB CORPORATION
CB
|
+$12.3M |
| 3 |
Travelers Companies
TRV
|
+$9.94M |
| 4 |
Liberty Media Series A
FWONA
|
+$9.17M |
| 5 |
CVS Health
CVS
|
+$7.63M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Capital One
COF
|
+$13.7M |
| 2 |
Chevron
CVX
|
+$11.7M |
| 3 |
Loews
L
|
+$9.25M |
| 4 |
ENI
E
|
+$8.38M |
| 5 |
The Mosaic Company
MOS
|
+$7.75M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 31.54% |
| 2 | Consumer Discretionary | 14.61% |
| 3 | Consumer Staples | 13.71% |
| 4 | Healthcare | 13.66% |
| 5 | Industrials | 9.57% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
101
Universal Technical Institute
UTI
$1.23B
| $410K | 0.01% |
33,800
-15,200
| -31% | -$180K |
|
|
STRZA
102
DELISTED
Starz - Series A
STRZA
| $357K | 0.01% |
12,000
| – | – |
|
103
RB Global
RBA
$16.1B
| $246K | 0.01% |
+10,000
| New | +$238K |
|
104
Air Products & Chemicals
APD
$67.9B
| – | – |
-25,944
| Closed | -$2.86M |
|
105
Calumet Specialty Products
CLMT
$4.31B
| – | – |
-20,000
| Closed | -$517K |
|
|
106
Capital One
COF
$134B
| – | – |
-178,000
| Closed | -$13.7M |
|
|
107
Chevron
CVX
$403B
| – | – |
-98,000
| Closed | -$11.7M |
|
|
108
ENI
E
$81.5B
| – | – |
-167,000
| Closed | -$8.38M |
|
109
Fidelity National Financial
FNF
$12.7B
| – | – |
-133,116
| Closed | -$2.39M |
|
|
110
Loews
L
$22.5B
| – | – |
-210,000
| Closed | -$9.25M |
|
|
111
The Mosaic Company
MOS
$7.76B
| – | – |
-155,000
| Closed | -$7.75M |
|
|
BPY
112
DELISTED
Brookfield Property Partners L.P. Limited Partnership Units
BPY
| – | – |
-168,439
| Closed | -$3.15M |
|
|
POT
113
DELISTED
Potash Corp Of Saskatchewan
POT
| – | – |
-80,000
| Closed | -$2.9M |
|
Similar funds
Tom Gayner's Q2 2014 Portfolio in Review
As of Q2 2014, Tom Gayner held 114 positions worth $3.51B, up 7.7% from $3.26B the previous quarter. Its ten largest holdings account for 44% of the portfolio.
Tom Gayner's Q2 2014 filing shows 9 new, 39 increased, 3 reduced and 10 closed positions. Its largest new stake was The Aaron's Company Inc Class A: 125,000 shares worth $4.46M. The largest sale was Capital One, an estimated $13.7M.
By sector, the portfolio is most concentrated in Financials at 32% of assets, down from 32% a quarter earlier, followed by Consumer Discretionary and Consumer Staples.
- Tom Gayner's largest Q2 2014 buy was The Aaron's Company Inc Class A: 125,000 shares worth $4.46M.
- Tom Gayner added most to Unilever in Q2 2014, an estimated $13.6M increase.
- Tom Gayner's biggest Q2 2014 reduction was Heritage-Crystal Clean, Inc., cutting an estimated $1.81M.
- Tom Gayner fully exited Capital One in Q2 2014, selling an estimated $13.7M.
- Tom Gayner's ten largest holdings make up 44% of its $3.51B portfolio in Q2 2014.
- Tom Gayner opened 9 new positions and closed 10 in Q2 2014.
- Tom Gayner's portfolio value rose 7.7% quarter-over-quarter to $3.51B.
Based on Markel Group's 13F filing for Q2 2014, filed 8 Aug 2014.