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
|
+$11.9M |
| 2 |
Amazon
AMZN
|
+$10.5M |
| 3 |
OAK
OAKTREE CAPITAL GROUP, LLC
OAK
|
+$5.56M |
| 4 |
Blackstone
BX
|
+$5.18M |
| 5 |
Albemarle
ALB
|
+$4.68M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
SLB Ltd
SLB
|
+$47.2M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 31.74% |
| 2 | Consumer Discretionary | 17.13% |
| 3 | Healthcare | 11.79% |
| 4 | Industrials | 11.24% |
| 5 | Communication Services | 9.08% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
101
Ascent Industries
ACNT
$133M
| $4.69M | 0.1% |
414,804
| – | – |
|
102
Liberty Media Series A
FWONA
$24.2B
| $4.54M | 0.1% |
135,259
+8,356
| +7% | +$263K |
|
103
Dollar Tree
DLTR
$25.3B
| $4.33M | 0.09% |
62,000
+16,000
| +35% | +$1.24M |
|
104
NXP Semiconductors
NXPI
$56.9B
| $3.83M | 0.08% |
35,000
| – | – |
|
105
Goldman Sachs
GS
$303B
| $3.79M | 0.08% |
17,100
| – | – |
|
106
Liberty Global Class A
LBTYA
$3.63B
| $3.79M | 0.08% |
118,000
| – | – |
|
107
Cable One
CABO
$129M
| $3.7M | 0.08% |
5,200
| – | – |
|
108
Hexcel
HXL
$7.1B
| $3.43M | 0.07% |
65,000
+32,000
| +97% | +$1.66M |
|
109
RB Global
RBA
$16.1B
| $3.28M | 0.07% |
114,000
| – | – |
|
110
Graham Holdings Company
GHC
$4.94B
| $3.12M | 0.07% |
5,200
| – | – |
|
|
COL
111
DELISTED
Rockwell Collins
COL
| $2.94M | 0.06% |
28,000
+13,000
| +87% | +$1.35M |
|
|
BBU
112
DELISTED
Brookfield Business Partners
BBU
| $2.75M | 0.06% |
158,283
| – | – |
|
113
Penske Automotive Group
PAG
$14.2B
| $2.72M | 0.06% |
62,000
+13,000
| +27% | +$573K |
|
114
Flowserve
FLS
$10.1B
| $2.65M | 0.06% |
57,000
+13,000
| +30% | +$627K |
|
115
Hershey
HSY
$37.5B
| $2.59M | 0.06% |
24,100
| – | – |
|
116
Healthcare Services Group
HCSG
$1.56B
| $2.58M | 0.05% |
55,000
| – | – |
|
|
Y
117
DELISTED
Alleghany Corp
Y
| $2.57M | 0.05% |
4,328
| – | – |
|
118
McKesson
MCK
$100B
| $2.48M | 0.05% |
15,100
+6,000
| +66% | +$910K |
|
119
IBM
IBM
$222B
| $2.42M | 0.05% |
16,422
+6,276
| +62% | +$946K |
|
120
Atlanta Braves Holdings Series B
BATRK
$3.33B
| $2.39M | 0.05% |
99,788
| – | – |
|
121
Gilead Sciences
GILD
$181B
| $2.34M | 0.05% |
33,000
+6,000
| +22% | +$399K |
|
122
Starbucks
SBUX
$122B
| $2.27M | 0.05% |
39,000
+13,000
| +50% | +$786K |
|
123
VF Corp
VFC
$5.65B
| $1.77M | 0.04% |
32,710
| – | – |
|
124
Becton Dickinson
BDX
$52.3B
| $1.76M | 0.04% |
9,225
| – | – |
|
125
Choice Hotels
CHH
$4.93B
| $1.74M | 0.04% |
+27,000
| New | +$1.73M |
|
Similar funds
Tom Gayner's Q2 2017 Portfolio in Review
As of Q2 2017, Tom Gayner held 138 positions worth $4.69B, up 5.6% from $4.44B the previous quarter. Its ten largest holdings account for 42% of the portfolio.
Trading was light in Q2 2017: portfolio turnover was 3.6%. Tom Gayner opened 5 new positions and made no exits, leaving the 138-position portfolio largely intact.
By sector, the portfolio is most concentrated in Financials at 32% of assets, up from 31% a quarter earlier, followed by Consumer Discretionary and Healthcare.
- Tom Gayner's largest Q2 2017 buy was Choice Hotels: 27,000 shares worth $1.74M.
- Tom Gayner added most to Alphabet (Google) Class C in Q2 2017, an estimated $11.9M increase.
- Tom Gayner's biggest Q2 2017 reduction was SLB Ltd, cutting an estimated $47.2M.
- Tom Gayner's ten largest holdings make up 42% of its $4.69B portfolio in Q2 2017.
- Tom Gayner opened 5 new positions and closed 0 in Q2 2017.
- Tom Gayner's portfolio value rose 5.6% quarter-over-quarter to $4.69B.
Based on Markel Group's 13F filing for Q2 2017, filed 28 Jul 2017.