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 |
Alphabet (Google) Class C
GOOG
|
+$5.01M |
| 2 |
Amazon
AMZN
|
+$3.24M |
| 3 |
Analog Devices
ADI
|
+$2.99M |
| 4 |
Texas Instruments
TXN
|
+$2.92M |
| 5 |
LLTC
Linear Technology Corp
LLTC
|
+$2.79M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
United Parcel Service
UPS
|
+$76.4M |
| 2 |
FedEx
FDX
|
+$4.77M |
| 3 |
Tapestry
TPR
|
+$1.77M |
| 4 |
Donaldson
DCI
|
+$1.38M |
| 5 |
Ascent Industries
ACNT
|
+$723K |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 32.45% |
| 2 | Consumer Discretionary | 16.66% |
| 3 | Healthcare | 13.2% |
| 4 | Industrials | 9.89% |
| 5 | Consumer Staples | 9.71% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
CRR
101
DELISTED
Carbo Ceramics Inc.
CRR
| $3.05M | 0.08% |
215,000
| – | – |
|
102
RB Global
RBA
$16.1B
| $2.95M | 0.08% |
109,000
| – | – |
|
|
LLTC
103
DELISTED
Linear Technology Corp
LLTC
| $2.94M | 0.08% |
+66,000
| New | +$2.79M |
|
104
Apple
AAPL
$4.51T
| $2.85M | 0.08% |
104,400
+8,400
| +9% | +$209K |
|
105
Ross Stores
ROST
$76.7B
| $2.66M | 0.07% |
46,000
| – | – |
|
106
Graham Holdings Company
GHC
$4.94B
| $2.5M | 0.07% |
5,200
| – | – |
|
|
MJN
107
DELISTED
Mead Johnson Nutrition Company
MJN
| $2.45M | 0.07% |
28,800
+13,300
| +86% | +$989K |
|
108
CSX Corp
CSX
$95.6B
| $2.32M | 0.06% |
270,000
+15,000
| +6% | +$122K |
|
109
Cable One
CABO
$129M
| $2.27M | 0.06% |
5,200
| – | – |
|
|
Y
110
DELISTED
Alleghany Corp
Y
| $2.15M | 0.06% |
4,328
| – | – |
|
111
DNOW Inc
DNOW
$2.83B
| $2.1M | 0.06% |
118,500
| – | – |
|
112
American Tower
AMT
$81.9B
| $2.05M | 0.05% |
20,000
| – | – |
|
|
BCR
113
DELISTED
CR Bard Inc.
BCR
| $1.82M | 0.05% |
9,000
| – | – |
|
114
Cisco
CSCO
$438B
| $1.79M | 0.05% |
+63,000
| New | +$1.62M |
|
|
PX
115
DELISTED
Praxair Inc
PX
| $1.63M | 0.04% |
14,200
+2,700
| +23% | +$282K |
|
116
Meta Platforms (Facebook)
META
$1.4T
| $1.6M | 0.04% |
14,000
+10,500
| +300% | +$1.11M |
|
117
Hershey
HSY
$37.5B
| $1.51M | 0.04% |
16,400
+4,400
| +37% | +$393K |
|
118
Becton Dickinson
BDX
$52.3B
| $1.37M | 0.04% |
9,225
| – | – |
|
119
Baxter International
BAX
$13.6B
| $904K | 0.02% |
22,000
| – | – |
|
120
Culp Inc
CULP
$43.5M
| $793K | 0.02% |
30,227
| – | – |
|
121
Live Nation Entertainment
LYV
$42.4B
| $745K | 0.02% |
33,400
+8,400
| +34% | +$184K |
|
|
MXIM
122
DELISTED
Maxim Integrated Products
MXIM
| $736K | 0.02% |
+20,000
| New | +$671K |
|
|
GWR
123
DELISTED
Genesee & Wyoming Inc.
GWR
| $690K | 0.02% |
11,000
+1,000
| +10% | +$54.8K |
|
124
Bunge Global
BG
$21.7B
| $669K | 0.02% |
11,800
+4,800
| +69% | +$274K |
|
125
Boeing
BA
$169B
| $647K | 0.02% |
5,100
+300
| +6% | +$37.2K |
|
Similar funds
Tom Gayner's Q1 2016 Portfolio in Review
As of Q1 2016, Tom Gayner held 138 positions worth $3.73B, up 0.84% from $3.69B the previous quarter. Its ten largest holdings account for 45% of the portfolio.
Tom Gayner's Q1 2016 filing shows 8 new, 40 increased, 2 reduced and 9 closed positions. Its largest new stake was Analog Devices: 56,000 shares worth $3.31M. The largest sale was United Parcel Service, an estimated $76.4M.
By sector, the portfolio is most concentrated in Financials at 32% of assets, up from 32% a quarter earlier, followed by Consumer Discretionary and Healthcare.
- Tom Gayner's largest Q1 2016 buy was Analog Devices: 56,000 shares worth $3.31M.
- Tom Gayner added most to Alphabet (Google) Class C in Q1 2016, an estimated $5.01M increase.
- Tom Gayner's biggest Q1 2016 reduction was Ascent Industries, cutting an estimated $723K.
- Tom Gayner fully exited United Parcel Service in Q1 2016, selling an estimated $76.4M.
- Tom Gayner's ten largest holdings make up 45% of its $3.73B portfolio in Q1 2016.
- Tom Gayner opened 8 new positions and closed 9 in Q1 2016.
- Tom Gayner's portfolio value rose 0.84% quarter-over-quarter to $3.73B.
Based on Markel Group's 13F filing for Q1 2016, filed 6 May 2016.