Markel Group
MKL
287 hedge funds and large institutions have $7.27B invested in Markel Group in 2014 Q2 according to their latest regulatory filings, with 21 funds opening new positions, 99 increasing their positions, 91 reducing their positions, and 23 closing their positions.
13% more capital invested
Capital invested by funds: $6.42B → $7.27B (+$846M)
7% more funds holding in top 10
Funds holding in top 10: 27 → 29 (+2)
2.31% more ownership
Funds ownership: 76.83% → 79.14% (+2.3%)
9% more repeat investments, than reductions
Existing positions increased: 99 | Existing positions reduced: 91
9% less first-time investments, than exits
New positions opened: 21 | Existing positions closed: 23
1% less funds holding
Funds holding: 290 → 287 (-3)
38% less call options, than puts
Call options by funds: $23.6M | Put options by funds: $38M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
+$78.6M |
| 2 |
ACM
AKRE Capital Management
Middleburg,
Virginia
|
+$70.7M |
| 3 |
Norges Bank
Oslo,
Norway
|
+$69M |
| 4 |
Bessemer Group
Woodbridge,
New Jersey
|
+$51M |
| 5 |
Baillie Gifford & Co
Edinburgh,
United Kingdom
|
+$38M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$64.4M |
| 2 |
Schroder Investment Management Group
London,
United Kingdom
|
-$22.3M |
| 3 |
FPP
Findlay Park Partners
London,
United Kingdom
|
-$17.2M |
| 4 |
ACM
Atlanta Capital Management
Atlanta,
Georgia
|
-$11.9M |
| 5 |
DSA
Davis Selected Advisers
Tucson,
Arizona
|
-$11.4M |
MKL Hedge Fund Activity: Q2 2014 in Review
287 of the 3,480 institutional investors tracked by Wall St. Rank reported a position in Markel Group (MKL) for Q2 2014, worth a combined $7.27B — up 13% from $6.42B a quarter earlier.
Sellers outnumbered buyers: 23 funds closed out of MKL and 21 opened new positions — a net loss of 2 holders — while 91 trimmed existing stakes and 99 added.
The largest buyer was Wellington Management Group, adding an estimated $78.6M. The largest seller was T. Rowe Price Associates, cutting an estimated $64.4M.
- 287 institutional investors held Markel Group (MKL) as of Q2 2014, down from 290 in Q1 2014.
- Funds reported $7.27B of Markel Group stock for Q2 2014, up 13% quarter-over-quarter.
- 21 funds opened new Markel Group positions in Q2 2014 and 23 closed out, a net change of -2 holders.
- The largest Markel Group buyer in Q2 2014 was Wellington Management Group, an estimated $78.6M added.
- The largest Markel Group seller in Q2 2014 was T. Rowe Price Associates, an estimated $64.4M sold.
Based on aggregated 13F filings for Q2 2014.