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 |
Deere & Co
DE
|
+$7.19M |
| 2 |
SLB Ltd
SLB
|
+$6.95M |
| 3 |
JPMorgan Chase
JPM
|
+$5.55M |
| 4 |
DISCK
Discovery, Inc. Series C Common Stock
DISCK
|
+$4.36M |
| 5 |
Watsco Inc
WSO
|
+$4.36M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Microsoft
MSFT
|
+$12.9M |
| 2 |
Cisco
CSCO
|
+$633K |
| 3 |
LGI Homes
LGIH
|
+$283K |
| 4 |
Alphabet (Google) Class C
GOOG
|
+$20.2K |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 29.99% |
| 2 | Consumer Discretionary | 16.37% |
| 3 | Consumer Staples | 12.47% |
| 4 | Healthcare | 12.41% |
| 5 | Industrials | 12.34% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
101
Ross Stores
ROST
$76.7B
| $2.24M | 0.06% |
46,000
| – | – |
|
|
Y
102
DELISTED
Alleghany Corp
Y
| $2.03M | 0.05% |
4,328
| – | – |
|
103
Tapestry
TPR
$26B
| $1.7M | 0.04% |
49,000
+31,000
| +172% | +$1.19M |
|
104
Darling Ingredients
DAR
$10.4B
| $953K | 0.02% |
+65,000
| New | +$959K |
|
105
Culp Inc
CULP
$43.5M
| $937K | 0.02% |
30,227
| – | – |
|
106
Parker-Hannifin
PH
$126B
| $931K | 0.02% |
+8,000
| New | +$967K |
|
107
Apple
AAPL
$4.51T
| $753K | 0.02% |
+24,000
| New | +$768K |
|
108
American Tower
AMT
$81.9B
| $746K | 0.02% |
+8,000
| New | +$757K |
|
|
STRZA
109
DELISTED
Starz - Series A
STRZA
| $537K | 0.01% |
12,000
| – | – |
|
110
Aon
AON
$75.3B
| $399K | 0.01% |
+4,000
| New | +$400K |
|
111
Rush Enterprises Class A
RUSHA
$8.54B
| $393K | 0.01% |
33,750
+13,500
| +67% | +$162K |
|
|
112
Cisco
CSCO
$438B
| – | – |
-23,000
| Closed | -$633K |
|
|
113
LGI Homes
LGIH
$1.35B
| – | – |
-17,000
| Closed | -$283K |
|
|
114
Microsoft
MSFT
$3.59T
| – | – |
-318,000
| Closed | -$12.9M |
|
Similar funds
Tom Gayner's Q2 2015 Portfolio in Review
As of Q2 2015, Tom Gayner held 114 positions worth $4B, up 1.2% from $3.96B the previous quarter. Its ten largest holdings account for 43% of the portfolio.
Tom Gayner's Q2 2015 filing shows 8 new, 52 increased, 1 reduced and 3 closed positions. Its largest new stake was JPMorgan Chase: 85,000 shares worth $5.76M. The largest sale was Microsoft, an estimated $12.9M.
By sector, the portfolio is most concentrated in Financials at 30% of assets, down from 30% a quarter earlier, followed by Consumer Discretionary and Consumer Staples.
- Tom Gayner's largest Q2 2015 buy was JPMorgan Chase: 85,000 shares worth $5.76M.
- Tom Gayner added most to Deere & Co in Q2 2015, an estimated $7.19M increase.
- Tom Gayner's biggest Q2 2015 reduction was Alphabet (Google) Class C, cutting an estimated $20.2K.
- Tom Gayner fully exited Microsoft in Q2 2015, selling an estimated $12.9M.
- Tom Gayner's ten largest holdings make up 43% of its $4B portfolio in Q2 2015.
- Tom Gayner opened 8 new positions and closed 3 in Q2 2015.
- Tom Gayner's portfolio value rose 1.2% quarter-over-quarter to $4B.
Based on Markel Group's 13F filing for Q2 2015, filed 14 Aug 2015.