Markel Group
MKL
449 hedge funds and large institutions have $11.5B invested in Markel Group in 2017 Q3 according to their latest regulatory filings, with 50 funds opening new positions, 141 increasing their positions, 136 reducing their positions, and 31 closing their positions.
61% more first-time investments, than exits
New positions opened: 50 | Existing positions closed: 31
37% more call options, than puts
Call options by funds: $15.7M | Put options by funds: $11.4M
10% more capital invested
Capital invested by funds: $10.5B → $11.5B (+$1.04B)
3% more funds holding
Funds holding: 437 → 449 (+12)
4% more repeat investments, than reductions
Existing positions increased: 141 | Existing positions reduced: 136
0.5% more ownership
Funds ownership: 77.13% → 77.63% (+0.5%)
0% more funds holding in top 10
Funds holding in top 10: 28 → 28 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CB
Cooke & Bieler
Philadelphia,
Pennsylvania
|
+$50.6M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$36.7M |
| 3 |
Wellington Management Group
Boston,
Massachusetts
|
+$14.3M |
| 4 |
Victory Capital Management
San Antonio,
Texas
|
+$9.99M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
+$9.23M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Balyasny Asset Management
Chicago,
Illinois
|
-$21.8M |
| 2 |
TSW
Thompson Siegel & Walmsley
Richmond,
Virginia
|
-$17M |
| 3 |
DSA
Davis Selected Advisers
Tucson,
Arizona
|
-$12.4M |
| 4 |
CBOA
Commonwealth Bank of Australia
Sydney, NSW,
Australia
|
-$12.3M |
| 5 |
Baillie Gifford & Co
Edinburgh,
United Kingdom
|
-$11.5M |
MKL Hedge Fund Activity: Q3 2017 in Review
449 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Markel Group (MKL) for Q3 2017, worth a combined $11.5B — up 9.9% from $10.5B a quarter earlier.
Buyers outnumbered sellers: 50 funds opened new MKL positions and 31 closed out — a net gain of 19 holders — while 141 added to existing stakes and 136 trimmed.
The largest buyer was Cooke & Bieler, opening a new position worth an estimated $50.6M. The largest seller was Balyasny Asset Management, exiting entirely with an estimated $21.8M sold.
- 449 institutional investors held Markel Group (MKL) as of Q3 2017, up from 437 in Q2 2017.
- Funds reported $11.5B of Markel Group stock for Q3 2017, up 9.9% quarter-over-quarter.
- 50 funds opened new Markel Group positions in Q3 2017 and 31 closed out, a net change of +19 holders.
- The largest Markel Group buyer in Q3 2017 was Cooke & Bieler, an estimated $50.6M added.
- The largest Markel Group seller in Q3 2017 was Balyasny Asset Management, an estimated $21.8M sold.
Based on aggregated 13F filings for Q3 2017.