Markel Group
277 hedge funds and large institutions have $5.53B invested in Markel Group in 2013 Q3 according to their latest regulatory filings, with 36 funds opening new positions, 119 increasing their positions, 71 reducing their positions, and 28 closing their positions.
68% more repeat investments, than reductions
Existing positions increased: 119 | Existing positions reduced: 71
29% more first-time investments, than exits
New positions opened: 36 | Existing positions closed: 28
3% more funds holding
Funds holding: 270 → 277 (+7)
1.25% more ownership
Funds ownership: 75.06% → 76.31% (+1.2%)
1% more capital invested
Capital invested by funds: $5.45B → $5.53B (+$81.4M)
8% less funds holding in top 10
Funds holding in top 10: 25 → 23 (-2)
81% less call options, than puts
Call options by funds: $1.4M | Put options by funds: $7.46M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Baillie Gifford & Co
Edinburgh,
United Kingdom
|
+$57.4M |
| 2 |
SCM
Sterling Capital Management
Charlotte,
North Carolina
|
+$56.2M |
| 3 |
ACM
AKRE Capital Management
Middleburg,
Virginia
|
+$54M |
| 4 |
BRIM
Broad Run Investment Management
Arlington,
Virginia
|
+$25.3M |
| 5 |
Principal Financial Group
Des Moines,
Iowa
|
+$20.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CC
Chubb Corp
Warren,
New Jersey
|
-$117M |
| 2 |
KeyBank National Association
Cleveland,
Ohio
|
-$47.5M |
| 3 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$36M |
| 4 |
RPM
Ridgemont Partners Management
Charlotte,
North Carolina
|
-$33.1M |
| 5 |
TCIM
TIAA CREF Investment Management
New York
|
-$32.9M |
MKL Hedge Fund Activity: Q3 2013 in Review
277 of the 3,096 institutional investors tracked by Wall St. Rank reported a position in Markel Group (MKL) for Q3 2013, worth a combined $5.53B — up 1.5% from $5.45B a quarter earlier.
Buyers outnumbered sellers: 36 funds opened new MKL positions and 28 closed out — a net gain of 8 holders — while 119 added to existing stakes and 71 trimmed.
The largest buyer was Baillie Gifford & Co, adding an estimated $57.4M. The largest seller was Chubb Corp, cutting an estimated $117M.
- 277 institutional investors held Markel Group (MKL) as of Q3 2013, up from 270 in Q2 2013.
- Funds reported $5.53B of Markel Group stock for Q3 2013, up 1.5% quarter-over-quarter.
- 36 funds opened new Markel Group positions in Q3 2013 and 28 closed out, a net change of +8 holders.
- The largest Markel Group buyer in Q3 2013 was Baillie Gifford & Co, an estimated $57.4M added.
- The largest Markel Group seller in Q3 2013 was Chubb Corp, an estimated $117M sold.
Based on aggregated 13F filings for Q3 2013.