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 |
LSXMK
Liberty Media Corporation Series C Liberty SiriusXM Common Stock
LSXMK
|
+$16.4M |
| 2 |
S&P Global
SPGI
|
+$15.8M |
| 3 |
LSXMA
Liberty Media Corporation Series A Liberty SiriusXM Common Stock
LSXMA
|
+$13.6M |
| 4 |
Texas Instruments
TXN
|
+$10.1M |
| 5 |
Analog Devices
ADI
|
+$8.59M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Mattel
MAT
|
+$21.4M |
| 2 |
Federated Hermes
FHI
|
+$21.3M |
| 3 |
MHFI
MCGRAW-HILL FINANCIAL INC COM
MHFI
|
+$14.6M |
| 4 |
Liberty Media Series C
FWONK
|
+$11.7M |
| 5 |
Procter & Gamble
PG
|
+$10.5M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 31.57% |
| 2 | Consumer Discretionary | 15.46% |
| 3 | Healthcare | 13.23% |
| 4 | Industrials | 10.3% |
| 5 | Consumer Staples | 10.06% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
101
Ascent Industries
ACNT
$133M
| $3.18M | 0.08% |
414,804
-275,677
| -40% | -$2.14M |
|
|
CRR
102
DELISTED
Carbo Ceramics Inc.
CRR
| $2.82M | 0.07% |
215,000
| – | – |
|
|
MJN
103
DELISTED
Mead Johnson Nutrition Company
MJN
| $2.75M | 0.07% |
30,300
+1,500
| +5% | +$127K |
|
104
Hershey
HSY
$37.5B
| $2.73M | 0.07% |
24,100
+7,700
| +47% | +$721K |
|
105
Cable One
CABO
$129M
| $2.66M | 0.07% |
5,200
| – | – |
|
|
PX
106
DELISTED
Praxair Inc
PX
| $2.56M | 0.07% |
22,800
+8,600
| +61% | +$975K |
|
107
Graham Holdings Company
GHC
$4.94B
| $2.55M | 0.07% |
5,200
| – | – |
|
108
Goldman Sachs
GS
$303B
| $2.54M | 0.07% |
17,100
+13,500
| +375% | +$2.11M |
|
|
109
Liberty Media Series C
FWONK
$26.3B
| $2.51M | 0.07% |
137,043
-600,427
| -81% | -$11.7M |
|
|
Y
110
DELISTED
Alleghany Corp
Y
| $2.38M | 0.06% |
4,328
| – | – |
|
111
Liberty Media Series A
FWONA
$24.2B
| $2.33M | 0.06% |
126,903
-506,691
| -80% | -$9.87M |
|
112
Comcast
CMCSA
$95.3B
| $2.28M | 0.06% |
+70,000
| New | +$2.17M |
|
113
Boeing
BA
$169B
| $2.18M | 0.06% |
16,800
+11,700
| +229% | +$1.53M |
|
|
BCR
114
DELISTED
CR Bard Inc.
BCR
| $2.12M | 0.06% |
9,000
| – | – |
|
|
BBU
115
DELISTED
Brookfield Business Partners
BBU
| $1.94M | 0.05% |
+158,283
| New | +$2.02M |
|
116
McKesson
MCK
$100B
| $1.7M | 0.04% |
+9,100
| New | +$1.6M |
|
117
Becton Dickinson
BDX
$52.3B
| $1.53M | 0.04% |
9,225
| – | – |
|
118
Atlanta Braves Holdings Series B
BATRK
$3.33B
| $1.46M | 0.04% |
+99,788
| New | +$1.49M |
|
119
Baxter International
BAX
$13.6B
| $995K | 0.03% |
22,000
| – | – |
|
120
Penske Automotive Group
PAG
$14.2B
| $975K | 0.03% |
+31,000
| New | +$1.13M |
|
121
VF Corp
VFC
$5.65B
| $941K | 0.02% |
16,249
+12,851
| +378% | +$760K |
|
122
Live Nation Entertainment
LYV
$42.4B
| $839K | 0.02% |
35,700
+2,300
| +7% | +$52.5K |
|
123
Bristol-Myers Squibb
BMY
$137B
| $735K | 0.02% |
10,000
| – | – |
|
|
SRCL
124
DELISTED
Stericycle Inc
SRCL
| $729K | 0.02% |
+7,000
| New | +$749K |
|
125
Atlanta Braves Holdings Series A
BATRA
$3.64B
| $641K | 0.02% |
+42,600
| New | +$655K |
|
Similar funds
Tom Gayner's Q2 2016 Portfolio in Review
As of Q2 2016, Tom Gayner held 143 positions worth $3.79B, up 1.9% from $3.73B the previous quarter. Its ten largest holdings account for 44% of the portfolio.
Tom Gayner's Q2 2016 filing shows 14 new, 46 increased, 5 reduced and 13 closed positions. Its largest new stake was Liberty Media Corporation Series C Liberty SiriusXM Common Stock: 685,358 shares worth $16.1M. The largest sale was Mattel, an estimated $21.4M.
By sector, the portfolio is most concentrated in Financials at 32% of assets, down from 32% a quarter earlier, followed by Consumer Discretionary and Healthcare.
- Tom Gayner's largest Q2 2016 buy was Liberty Media Corporation Series C Liberty SiriusXM Common Stock: 685,358 shares worth $16.1M.
- Tom Gayner added most to Texas Instruments in Q2 2016, an estimated $10.1M increase.
- Tom Gayner's biggest Q2 2016 reduction was Liberty Media Series C, cutting an estimated $11.7M.
- Tom Gayner fully exited Mattel in Q2 2016, selling an estimated $21.4M.
- Tom Gayner's ten largest holdings make up 44% of its $3.79B portfolio in Q2 2016.
- Tom Gayner opened 14 new positions and closed 13 in Q2 2016.
- Tom Gayner's portfolio value rose 1.9% quarter-over-quarter to $3.79B.
Based on Markel Group's 13F filing for Q2 2016, filed 5 Aug 2016.