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Markel Group

737 hedge funds and large institutions have $15B invested in Markel Group in 2023 Q3 according to their latest regulatory filings, with 87 funds opening new positions, 245 increasing their positions, 236 reducing their positions, and 43 closing their positions.

New
Increased
Maintained
Reduced
Closed

102% more first-time investments, than exits

New positions opened: 87 | Existing positions closed: 43

94% more call options, than puts

Call options by funds: $87.6M | Put options by funds: $45.2M

6% more funds holding in top 10

Funds holding in top 10: 3335 (+2)

5% more funds holding

Funds holding: 699737 (+38)

5% more capital invested

Capital invested by funds: $14.2B → $15B (+$760M)

4% more repeat investments, than reductions

Existing positions increased: 245 | Existing positions reduced: 236

0.4% less ownership

Funds ownership: 77.28%76.88% (-0.4%)

Holders
737
Holders Change
+38
Holders Change %
+5.44%
% of All Funds
11.7%
Holding in Top 10
35
Holding in Top 10 Change
+2
Holding in Top 10 Change %
+6.06%
% of All Funds
0.56%
New
87
Increased
245
Reduced
236
Closed
43
Calls
$87.6M
Puts
$45.2M
Net Calls
+$42.4M
Net Calls Change
+$38.3M
Name Holding Trade Value Shares
Change
Change in
Stake
GC
26
Giverny Capital
Quebec, Canada
$124M +$1.05M +719 +0.9%
ESBC
27
E.S. Barr & Co
Kentucky
$120M +$6.07M +4,146 +5%
Mitsubishi UFJ Trust & Banking
28
Mitsubishi UFJ Trust & Banking
Japan
$120M -$4.74M -3,238 -4%
ESCM
29
Echo Street Capital Management
New York
$117M -$3.62M -2,476 -3%
Victory Capital Management
30
Victory Capital Management
Texas
$114M -$2.68M -1,831 -2%
FWIA
31
Fort Washington Investment Advisors
Ohio
$110M +$11.7K +8 +0%
CCM
32
Check Capital Management
California
$107M +$559K +382 +0.5%
HighTower Advisors
33
HighTower Advisors
Illinois
$104M +$3.1M +2,117 +3%
Canada Life
34
Canada Life
Manitoba, Canada
$104M -$2.28M -1,556 -2%
Invesco
35
Invesco
Georgia
$102M +$53M +36,215 +110%
UBS AM
36
UBS AM
Illinois
$100M -$272K -186 -0.3%
T. Rowe Price Investment Management
37
T. Rowe Price Investment Management
Maryland
$98.4M -$316K -216 -0.3%
VLKIM
38
Van Lanschot Kempen Investment Management
Netherlands
$92.8M +$19M +13,000 +26%
TSW
39
Thompson Siegel & Walmsley
Virginia
$89.1M +$3.84M +2,624 +5%
GHCMRT
40
Graham Holdings Co Master Retirement Trust
Virginia
$85.4M
GHC
41
Graham Holdings Company
Virginia
$81.6M
Bank of New York Mellon
42
Bank of New York Mellon
New York
$80.9M +$537K +367 +0.7%
First Manhattan
43
First Manhattan
New York
$80.1M +$77.9M +53,196 +4,512%
CB
44
Cooke & Bieler
Pennsylvania
$79.2M +$11.3M +7,708 +17%
Royal Bank of Canada
45
Royal Bank of Canada
Ontario, Canada
$76.8M +$5.07M +3,461 +7%
Envestnet Asset Management
46
Envestnet Asset Management
Illinois
$76.1M +$38.7M +26,418 +105%
APG Asset Management
47
APG Asset Management
Netherlands
$75.8M -$6.22M -4,252 -8%
Bank Julius Baer & Co
48
Bank Julius Baer & Co
Switzerland
$75.7M +$8.43M +5,762 +13%
Charles Schwab
49
Charles Schwab
California
$74.7M +$152K +104 +0.2%
ACA
50
Anchor Capital Advisors
Massachusetts
$73.5M -$4.34M -2,962 -6%

MKL Hedge Fund Activity: Q3 2023 in Review

737 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in Markel Group (MKL) for Q3 2023, worth a combined $15B — up 5.3% from $14.2B a quarter earlier.

Buyers outnumbered sellers: 87 funds opened new MKL positions and 43 closed out — a net gain of 44 holders — while 245 added to existing stakes and 236 trimmed.

The largest buyer was First Manhattan, adding an estimated $77.9M. The largest seller was Berkshire Hathaway, cutting an estimated $458M.

  • 737 institutional investors held Markel Group (MKL) as of Q3 2023, up from 699 in Q2 2023.
  • Funds reported $15B of Markel Group stock for Q3 2023, up 5.3% quarter-over-quarter.
  • 87 funds opened new Markel Group positions in Q3 2023 and 43 closed out, a net change of +44 holders.
  • The largest Markel Group buyer in Q3 2023 was First Manhattan, an estimated $77.9M added.
  • The largest Markel Group seller in Q3 2023 was Berkshire Hathaway, an estimated $458M sold.

Based on aggregated 13F filings for Q3 2023.