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 |
CarMax
KMX
|
+$232M |
| 2 |
Berkshire Hathaway Class A
BRK.A
|
+$181M |
| 3 |
Berkshire Hathaway Class B
BRK.B
|
+$171M |
| 4 |
Diageo
DEO
|
+$149M |
| 5 |
Brookfield
BN
|
+$114M |
Top Sells
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 33.09% |
| 2 | Consumer Discretionary | 16.21% |
| 3 | Consumer Staples | 13.47% |
| 4 | Healthcare | 11.2% |
| 5 | Industrials | 9.27% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
1
CarMax
KMX
$8.82B
| $236M | 8.44% |
+5,109,271
| New | +$232M |
|
|
2
Berkshire Hathaway Class A
BRK.A
$1.06T
| $185M | 6.63% |
+1,099
| New | +$181M |
|
|
3
Berkshire Hathaway Class B
BRK.B
$1.06T
| $173M | 6.21% |
+1,550,195
| New | +$171M |
|
|
4
Diageo
DEO
$52.6B
| $141M | 5.05% |
+1,228,875
| New | +$149M |
|
|
5
Brookfield
BN
$93.1B
| $112M | 4.02% |
+13,311,362
| New | +$114M |
|
|
FFH
6
DELISTED
FAIRFAX FINL HLDGS LTD SUB VTG
FFH
| $109M | 3.9% |
+279,459
| New | +$109M |
|
7
Walt Disney
DIS
$186B
| $96.6M | 3.45% |
+1,528,935
| New | +$96.6M |
|
|
WBA
8
DELISTED
Walgreens Boots Alliance
WBA
| $94.9M | 3.4% |
+2,147,800
| New | +$105M |
|
9
Walmart Inc
WMT
$825B
| $82.7M | 2.96% |
+3,328,866
| New | +$85.3M |
|
10
ExxonMobil
XOM
$679B
| $76.4M | 2.73% |
+845,683
| New | +$76.1M |
|
11
Home Depot
HD
$335B
| $73.4M | 2.63% |
+947,798
| New | +$71.2M |
|
12
United Parcel Service
UPS
$86.8B
| $64.6M | 2.31% |
+747,506
| New | +$64.1M |
|
13
W.P. Carey
WPC
$16.2B
| $63.1M | 2.26% |
+973,421
| New | +$66.1M |
|
14
Federated Hermes
FHI
$4.76B
| $59.1M | 2.11% |
+2,156,000
| New | +$54.7M |
|
15
Enovis
ENOV
$1.5B
| $56.5M | 2.02% |
+630,426
| New | +$52M |
|
16
GE Aerospace
GE
$361B
| $56.4M | 2.02% |
+507,368
| New | +$56.2M |
|
17
Marriott International
MAR
$92.9B
| $55M | 1.97% |
+1,361,842
| New | +$56.8M |
|
18
Johnson & Johnson
JNJ
$651B
| $50.1M | 1.79% |
+582,950
| New | +$49.5M |
|
19
Archer Daniels Midland
ADM
$38.7B
| $46.9M | 1.68% |
+1,383,800
| New | +$46.2M |
|
20
RLI Corp
RLI
$6B
| $46.8M | 1.67% |
+2,447,432
| New | +$45.2M |
|
21
UnitedHealth
UNH
$350B
| $37.3M | 1.33% |
+569,800
| New | +$35.5M |
|
22
Automatic Data Processing
ADP
$112B
| $36.2M | 1.3% |
+599,114
| New | +$35.7M |
|
23
AB InBev
BUD
$155B
| $35.7M | 1.28% |
+395,553
| New | +$37.7M |
|
|
NVO
24
Novo Nordisk
NVO
$207B
| $34.9M | 1.25% |
+2,251,000
| New | +$37.5M |
|
25
Atlantic Union Bankshares
AUB
$5.88B
| $34.1M | 1.22% |
+1,658,339
| New | +$32.4M |
|
Similar funds
Tom Gayner's Q2 2013 Portfolio in Review
Q2 2013 is the first quarter with a 13F filing on record for Tom Gayner, which disclosed 107 positions worth $2.8B. Its ten largest holdings account for 47% of the portfolio.
Its largest position is CarMax: 5,109,271 shares worth $236M.
By sector, the portfolio is most concentrated in Financials at 33% of assets, followed by Consumer Discretionary and Consumer Staples.
- Tom Gayner's largest Q2 2013 buy was CarMax: 5,109,271 shares worth $236M.
- Tom Gayner's ten largest holdings make up 47% of its $2.8B portfolio in Q2 2013.
- Tom Gayner disclosed 107 positions in Q2 2013, its first 13F filing on record.
Based on Markel Group's 13F filing for Q2 2013, filed 8 Aug 2013.