Markel Group: 13F holdings, Q2 2026
Permanent capital · SEC EDGAR filings (CIK 0001096343) · Explore on the interactive board
Markel Group disclosed 130 US equity positions worth $6.0bn in its Q2 2026 13F filing (holdings as of June 30, 2026, filed July 31, 2026). Its largest position is BRK/B at 18.6% of the reported book, followed by BRK/A, DE. The top ten holdings are 64.6% of the book, and the portfolio behaves like about 13 equal-weight positions. Versus the prior filing it opened 3 new positions, added to 22, reduced 3 and exited 2.
What does Markel Group own? Top holdings as of June 30, 2026
Change is measured in shares against the previous filing (Q1 2026), so price moves do not read as decisions. This quarter: 3 new, 22 added, 3 reduced, 2 exited.
| # | Stock | Sector | Weight | Value | Shares | Δ shares | Action |
|---|---|---|---|---|---|---|---|
| 1 | BRK/B BERKSHIRE HATHAWAY INC DEL | 18.6% | $1.1bn | 1,531,971 | 0% | held | |
| 2 | BRK/A BERKSHIRE HATHAWAY INC DEL | 14.8% | $883.6m | 1,114 | 0% | held | |
| 3 | DE DEERE & CO | Industrials | 9.3% | $556.9m | 877,900 | 0% | held |
| 4 | BN BROOKFIELD CORP | Financial Services | 6.8% | $405.3m | 13,073,609 | 0% | held |
| 5 | GOOG ALPHABET INC | Communication Services | 3.5% | $210.0m | 2,749,860 | 0% | held |
| 6 | HD HOME DEPOT INC | Consumer Cyclical | 3.3% | $195.3m | 922,500 | 0% | held |
| 7 | FNV FRANCO NEV CORP | Basic Materials | 2.7% | $161.2m | 773,500 | 9% | added |
| 8 | NVO NOVO-NORDISK A S | Healthcare | 1.9% | $114.3m | 2,869,774 | 0% | held |
| 9 | BAM BROOKFIELD ASSET MANAGMT LTD | Financial Services | 1.9% | $111.1m | 2,193,953 | 0% | held |
| 10 | MA MASTERCARD INCORPORATED | Financial Services | 1.8% | $106.6m | 207,540 | 0% | held |
| 11 | DEO DIAGEO PLC | Consumer Defensive | 1.6% | $94.1m | 1,372,208 | 0% | held |
| 12 | DIS DISNEY WALT CO | Communication Services | 1.5% | $87.4m | 2,031,665 | 0% | held |
| 13 | JPM JPMORGAN CHASE & CO | Financial Services | 1.4% | $82.7m | 252,550 | 0% | held |
| 14 | SUNB SUNBELT RENTALS HOLDINGS INC | 1.2% | $72.9m | 974,361 | 1% | added | |
| 15 | AMZN AMAZON COM INC | Consumer Cyclical | 1.2% | $70.8m | 2,030,760 | 0% | held |
| 16 | ITIC INVESTORS TITLE CO NC | Financial Services | 1.0% | $58.4m | 213,300 | 0% | held |
| 17 | V VISA INC | Financial Services | 0.9% | $52.3m | 1,013,912 | 1% | added |
| 18 | GOOGL ALPHABET INC | Communication Services | 0.9% | $51.5m | 572,000 | 0% | held |
| 19 | GS GOLDMAN SACHS GROUP INC | Financial Services | 0.8% | $47.8m | 359,360 | 0% | held |
| 20 | FERG FERGUSON ENTERPRISES INC | Industrials | 0.7% | $42.8m | 180,200 | 6% | added |
| 21 | MELI MERCADOLIBRE INC | Consumer Cyclical | 0.7% | $40.7m | 24,000 | 340% | added |
| 22 | YUM YUM BRANDS INC | Consumer Cyclical | 0.7% | $39.2m | 245,213 | 0% | held |
| 23 | MAR MARRIOTT INTL INC NEW | Consumer Cyclical | 0.6% | $36.9m | 99,500 | 6% | added |
| 24 | ALL ALLSTATE CORP | Financial Services | 0.6% | $36.8m | 154,550 | 0% | held |
| 25 | TMO THERMO FISHER SCIENTIFIC INC | Healthcare | 0.6% | $36.6m | 73,100 | 9% | added |
| 26 | COST COSTCO WHOLESALE CORPORATION | Consumer Defensive | 0.6% | $36.6m | 39,150 | 0% | held |
| 27 | HGTY HAGERTY INC | 0.6% | $35.9m | 3,108,000 | 0% | held | |
| 28 | URI UNITED RENTALS INC | Industrials | 0.6% | $35.3m | 31,150 | 0% | held |
| 29 | CSCO CISCO SYS INC | Technology | 0.6% | $34.8m | 355,500 | 0% | held |
| 30 | ABNB AIRBNB INC | Consumer Cyclical | 0.6% | $34.7m | 242,389 | 0% | held |
| 31 | WSO WATSCO INC | Industrials | 0.6% | $34.7m | 597,750 | 3% | added |
| 32 | LMT LOCKHEED MARTIN CORP | Industrials | 0.6% | $33.2m | 65,213 | 0% | held |
| 33 | HCA HCA HEALTHCARE INC | Healthcare | 0.6% | $32.9m | 84,366 | 2% | added |
| 34 | SHW SHERWIN WILLIAMS CO | Basic Materials | 0.5% | $32.4m | 94,172 | 0% | held |
| 35 | GD GENERAL DYNAMICS CORP | Industrials | 0.5% | $31.2m | 391,000 | 0% | held |
| 36 | LAMR LAMAR ADVERTISING CO | Real Estate | 0.5% | $30.1m | 193,000 | 0% | held |
| 37 | AAPL APPLE INC | Technology | 0.5% | $27.9m | 1,227,290 | 0% | held |
| 38 | CSX CSX CORP | Industrials | 0.5% | $27.8m | 584,500 | 10% | added |
| 39 | LOW LOWES COS INC | Consumer Cyclical | 0.5% | $27.2m | 751,980 | 2% | added |
| 40 | AMAT APPLIED MATLS INC | Technology | 0.4% | $26.3m | 36,350 | 0% | held |
| 41 | PGR PROGRESSIVE CORP | Financial Services | 0.4% | $26.2m | 753,750 | 0% | held |
| 42 | ADM ARCHER DANIELS MIDLAND CO | Consumer Defensive | 0.4% | $26.1m | 1,505,800 | 0% | held |
| 43 | APD AIR PRODUCTS AND CHEMICALS I | Basic Materials | 0.4% | $25.9m | 88,500 | 17% | added |
| 44 | FIX COMFORT SYS USA INC | Industrials | 0.4% | $25.8m | 13,000 | 0% | held |
| 45 | META META PLATFORMS INC | Communication Services | 0.4% | $24.3m | 234,163 | -6% | reduced |
| 46 | SCHW SCHWAB CHARLES CORP | Financial Services | 0.4% | $23.8m | 1,394,800 | 1% | added |
| 47 | BLK BLACKROCK INC | Financial Services | 0.4% | $23.1m | 220,200 | 0% | held |
| 48 | RLI RLI CORP | Financial Services | 0.4% | $22.8m | 2,394,544 | 0% | held |
| 49 | CAT CATERPILLAR INC | Industrials | 0.4% | $21.3m | 328,650 | 0% | held |
| 50 | EPD ENTERPRISE PRODS PARTNERS L | Energy | 0.4% | $20.9m | 569,000 | 182% | added |
What did Markel Group sell? Positions exited since the previous filing
| Stock | Prior weight | Prior value |
|---|---|---|
| UNH UNITEDHEALTH GROUP INC | 82.2% | $5.1m |
| SMG SCOTTS MIRACLE-GRO CO | 17.8% | $1.1m |
Sector mix
| Sector | Weight |
|---|---|
| Financial Services | 19.2% |
| Industrials | 15.8% |
| Consumer Cyclical | 8.0% |
| Communication Services | 6.6% |
| Basic Materials | 4.1% |
| Healthcare | 3.5% |
Sectors cover positions whose ticker resolved to a sector; the remainder is unclassified, not cash.
Filing history
| Quarter | Positions | Equity value |
|---|---|---|
| Q2 2026 | 205 | $6.0bn |
| Q1 2026 | 205 | $5.5bn |
| Q4 2025 | 205 | $5.8bn |
| Q3 2025 | 208 | $5.4bn |
| Q2 2025 | 218 | $5.3bn |
| Q1 2025 | 217 | $5.2bn |
| Q4 2024 | 214 | $5.0bn |
| Q3 2024 | 216 | $5.0bn |
| Q2 2024 | 222 | $4.5bn |
| Q1 2024 | 219 | $4.7bn |
| Q4 2023 | 216 | $4.0bn |
| Q3 2023 | 226 | $3.7bn |
| Q2 2023 | 226 | $3.8bn |
| Q1 2023 | 226 | $3.6bn |
| Q4 2022 | 231 | $3.6bn |
| Q3 2022 | 211 | $4.7bn |
Earliest filing: Q4 2007 · 75 quarters on file
How concentrated is Markel Group's portfolio?
Across every quarter Markel Group has filed, its median largest position is 11.9% of the book and its median top-ten weight is 51.9%, which WhaleCreep classifies as concentrated (the gate is a median largest position of 5%). Of 337 completed holding spells, the median lasted 8.0 quarters; 130 positions are still open and their final length is unknown.