Markel Group 13F holdings, Q2 2008
Holdings as of June 30, 2008 · filings on SEC EDGAR · latest filing →
Markel Group disclosed 80 US equity positions worth $611.5m in its Q2 2008 13F filing. The largest position was Fairfax Financial Holdings Ltd at 11.6% of the reported book, followed by Exxon Corporation and GD. Against the Q1 2008 filing, it opened 2 new positions, added to 9 and reduced 8 among the top 50 holdings.
What did Markel Group own in Q2 2008? Top 50 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q1 2008 |
|---|---|---|---|---|---|---|---|
| 1 | Fairfax Financial Holdings Ltd | 11.6% | $71.0m | 279,459 | 0% | held | |
| 2 | Exxon Corporation | 5.5% | $33.6m | 381,193 | 3% | added | |
| 3 | GD General Dynamics | Industrials | 5.4% | $33.2m | 394,409 | 0% | held |
| 4 | RLI RLI Corporation | Financial Services | 5.0% | $30.9m | 623,841 | -1% | reduced |
| 5 | LandAmerica Financial Group | 4.6% | $28.4m | 1,280,500 | 38% | added | |
| 6 | Forest City Enterprises Class | 4.3% | $26.2m | 812,467 | 0% | held | |
| 7 | W.P. Carey | 4.0% | $24.7m | 860,000 | -9% | reduced | |
| 8 | Berkshire Hathaway | 3.8% | $23.2m | 5,792 | 69% | added | |
| 9 | BF/A Brown Forman | 3.5% | $21.6m | 283,860 | 0% | held | |
| 10 | UPS United Parcel Service | Industrials | 2.8% | $17.2m | 280,000 | 0% | held |
| 11 | Plum Creek Lumber MLP | 2.5% | $15.2m | 356,000 | 0% | held | |
| 12 | White Mountains | 2.4% | $14.6m | 33,975 | -8% | reduced | |
| 13 | McGraw-Hill Companies | 2.2% | $13.7m | 340,800 | -26% | reduced | |
| 14 | AFL Aflac | Financial Services | 2.1% | $12.9m | 205,000 | 583% | added |
| 15 | ADP Automatic Data Processing | Technology | 2.1% | $12.8m | 306,600 | 0% | held |
| 16 | BRK/A Berkshire Hathaway, Inc | 2.1% | $12.7m | 105 | 0% | held | |
| 17 | FNF Fidelity National Financial | Financial Services | 2.1% | $12.6m | 1,000,000 | 0% | held |
| 18 | BAC Bank of America | Financial Services | 2.0% | $12.5m | 525,000 | 0% | held |
| 19 | GE General Electric | Industrials | 2.0% | $12.1m | 455,000 | 0% | held |
| 20 | ELME Washington Real Estate Investm | Real Estate | 2.0% | $12.1m | 403,575 | -0% | held |
| 21 | ITIC Investors Title Company | Financial Services | 1.8% | $11.1m | 229,350 | -0% | held |
| 22 | CMCSA Comcast | Communication Services | 1.7% | $10.6m | 557,500 | 0% | held |
| 23 | ITW Illinois Tool Works | Industrials | 1.6% | $10.0m | 210,000 | 0% | held |
| 24 | CAT Caterpillar Inc | Industrials | 1.6% | $10.0m | 135,000 | 0% | held |
| 25 | EMR Emerson Electric | Industrials | 1.3% | $7.9m | 159,300 | 62% | added |
| 26 | Brookfield Asset Management | 1.3% | $7.7m | 237,205 | 14% | added | |
| 27 | CINF Cincinnati Financial | Financial Services | 1.2% | $7.6m | 300,906 | -31% | reduced |
| 28 | XL Capital | 1.2% | $7.2m | 349,230 | -26% | reduced | |
| 29 | BRO Brown & Brown | Financial Services | 1.0% | $6.4m | 365,628 | 0% | held |
| 30 | International Game Technology | 1.0% | $6.2m | 250,000 | 0% | held | |
| 31 | PM Philip Morris International | Consumer Defensive | 0.9% | $5.8m | 116,700 | 0% | held |
| 32 | JNJ Johnson and Johnson | Healthcare | 0.8% | $4.8m | 75,000 | 0% | held |
| 33 | MAR Marriott International | Consumer Cyclical | 0.8% | $4.6m | 175,000 | 13% | added |
| 34 | WMT Wal-Mart Stores | Consumer Defensive | 0.6% | $3.9m | 70,000 | 0% | held |
| 35 | Leucadia National Corp | 0.6% | $3.5m | 75,000 | 0% | held | |
| 36 | Citigroup | 0.6% | $3.4m | 205,500 | 0% | held | |
| 37 | Allied Capital | 0.5% | $3.3m | 234,699 | -38% | reduced | |
| 38 | SAP SAP Aktiengesellschaft | Technology | 0.5% | $3.2m | 61,300 | 104% | added |
| 39 | Washington Post Co | 0.5% | $3.2m | 5,425 | 0% | held | |
| 40 | NKE Nike | Consumer Cyclical | 0.5% | $3.0m | 50,200 | – | new |
| 41 | News Corporation | 0.4% | $2.6m | 169,300 | -42% | reduced | |
| 42 | STT State Street Corp | Financial Services | 0.4% | $2.6m | 40,400 | 0% | held |
| 43 | MO Altria | Consumer Defensive | 0.4% | $2.4m | 116,700 | 0% | held |
| 44 | SYY Sysco Corp | Consumer Defensive | 0.4% | $2.3m | 85,000 | 0% | held |
| 45 | KMX Carmax | Consumer Cyclical | 0.4% | $2.3m | 160,000 | 0% | held |
| 46 | DEO Diageo PLC | Consumer Defensive | 0.4% | $2.2m | 30,000 | 0% | held |
| 47 | PEP Pepsico | Consumer Defensive | 0.3% | $2.1m | 33,500 | 0% | held |
| 48 | LOW Lowes | Consumer Cyclical | 0.3% | $2.0m | 95,000 | 0% | held |
| 49 | Enterprise GP Holdings | 0.3% | $2.0m | 65,500 | – | new | |
| 50 | NuStar GP Holdings | 0.3% | $1.9m | 90,000 | 12% | added |
Weights are shares of the reported long US equity book (options excluded). Values are as filed, normalised to whole dollars. Share changes compare against the immediately preceding filing only.