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 |
Mohawk Industries
MHK
|
+$9.76M |
| 2 |
Goldman Sachs
GS
|
+$7.65M |
| 3 |
NVR
NVR
|
+$5.81M |
| 4 |
BNY
Bank of New York Mellon
BNY
|
+$5.61M |
| 5 |
Illinois Tool Works
ITW
|
+$5.31M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
CME Group
CME
|
+$26.2M |
| 2 |
OAK
OAKTREE CAPITAL GROUP, LLC
OAK
|
+$17.9M |
| 3 |
DISCK
Discovery, Inc. Series C Common Stock
DISCK
|
+$13.5M |
| 4 |
Sensata Technologies
ST
|
+$4.02M |
| 5 |
NXP Semiconductors
NXPI
|
+$2.83M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 32.79% |
| 2 | Consumer Discretionary | 20.46% |
| 3 | Industrials | 11.21% |
| 4 | Communication Services | 9.63% |
| 5 | Consumer Staples | 8.13% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
126
Citigroup
C
$221B
| $1.25M | 0.02% |
18,170
+2,100
| +13% | +$143K |
|
127
AB InBev
BUD
$155B
| $1.24M | 0.02% |
13,000
+10,000
| +333% | +$949K |
|
128
Kraft Heinz
KHC
$30.3B
| $978K | 0.01% |
+35,000
| New | +$1.01M |
|
129
Lennar Class B
LEN.B
$20.6B
| $965K | 0.01% |
+22,881
| New | +$871K |
|
130
Booking.com
BKNG
$158B
| $393K | 0.01% |
5,000
| – | – |
|
|
131
Lennar Class A
LEN
$21B
| $330K | 0.01% |
6,095
+1,033
| +20% | +$50.3K |
|
132
Illumina
ILMN
$33.1B
| $304K | ﹤0.01% |
1,028
| – | – |
|
|
133
CME Group
CME
$98.9B
| – | – |
-135,000
| Closed | -$26.2M |
|
134
Goodyear
GT
$1.72B
| – | – |
-20,000
| Closed | -$306K |
|
135
Liberty Latin America Class A
LILA
$1.66B
| – | – |
-30,799
| Closed | -$340K |
|
|
136
NXP Semiconductors
NXPI
$56.9B
| – | – |
-29,000
| Closed | -$2.83M |
|
|
137
Sensata Technologies
ST
$6.23B
| – | – |
-82,000
| Closed | -$4.02M |
|
138
Synchrony
SYF
$25.9B
| – | – |
-10,556
| Closed | -$366K |
|
|
OAK
139
DELISTED
OAKTREE CAPITAL GROUP, LLC
OAK
| – | – |
-362,000
| Closed | -$17.9M |
|
Similar funds
Tom Gayner's Q3 2019 Portfolio in Review
As of Q3 2019, Tom Gayner held 139 positions worth $6.62B, up 1.8% from $6.5B the previous quarter. Its ten largest holdings account for 39% of the portfolio.
Tom Gayner's Q3 2019 filing shows 2 new, 60 increased, 3 reduced and 7 closed positions. Its largest new stake was Kraft Heinz: 35,000 shares worth $978K. The largest sale was CME Group, an estimated $26.2M.
By sector, the portfolio is most concentrated in Financials at 33% of assets, down from 33% a quarter earlier, followed by Consumer Discretionary and Industrials.
- Tom Gayner's largest Q3 2019 buy was Kraft Heinz: 35,000 shares worth $978K.
- Tom Gayner added most to Mohawk Industries in Q3 2019, an estimated $9.76M increase.
- Tom Gayner's biggest Q3 2019 reduction was Discovery, Inc. Series C Common Stock, cutting an estimated $13.5M.
- Tom Gayner fully exited CME Group in Q3 2019, selling an estimated $26.2M.
- Tom Gayner's ten largest holdings make up 39% of its $6.62B portfolio in Q3 2019.
- Tom Gayner opened 2 new positions and closed 7 in Q3 2019.
- Tom Gayner's portfolio value rose 1.8% quarter-over-quarter to $6.62B.
Based on Markel Group's 13F filing for Q3 2019, filed 1 Nov 2019.