Markel Group 13F holdings, Q1 2009
Holdings as of March 31, 2009 · filings on SEC EDGAR · latest filing →
Markel Group disclosed 73 US equity positions worth $443.5m in its Q1 2009 13F filing. The largest position was Fairfax Financial Holdings Ltd at 16.4% of the reported book, followed by RLI and Level 3 Communications CONV. Against the Q4 2008 filing, it opened 1 new position, added to 4 and reduced 3 among the top 50 holdings.
What did Markel Group own in Q1 2009? Top 50 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q4 2008 |
|---|---|---|---|---|---|---|---|
| 1 | Fairfax Financial Holdings Ltd | 16.4% | $72.8m | 279,459 | 0% | held | |
| 2 | RLI RLI Corporation | Financial Services | 7.0% | $31.1m | 620,266 | 0% | held |
| 3 | Level 3 Communications CONV | 5.5% | $24.4m | 25,000,000 | – | new | |
| 4 | BRK/A Berkshire Hathaway, Inc | 5.4% | $23.8m | 275 | 0% | held | |
| 5 | Berkshire Hathaway | 4.9% | $21.7m | 7,702 | 0% | held | |
| 6 | W.P. Carey | 4.3% | $19.1m | 862,000 | 0% | held | |
| 7 | GD General Dynamics | Industrials | 3.7% | $16.4m | 393,515 | -0% | held |
| 8 | JNJ Johnson and Johnson | Healthcare | 3.3% | $14.7m | 280,000 | 0% | held |
| 9 | DEO Diageo PLC | Consumer Defensive | 3.3% | $14.7m | 328,500 | 0% | held |
| 10 | Exxon Corporation | 3.1% | $13.6m | 199,800 | -48% | reduced | |
| 11 | NuStar GP Holdings | 2.7% | $12.1m | 586,300 | 0% | held | |
| 12 | BF/A Brown Forman | 2.6% | $11.4m | 283,860 | 0% | held | |
| 13 | ADP Automatic Data Processing | Technology | 2.4% | $10.8m | 306,100 | 0% | held |
| 14 | FNF Fidelity National Financial | Financial Services | 2.1% | $9.1m | 468,850 | -42% | reduced |
| 15 | NTRS Northern Trust Corp | Financial Services | 1.9% | $8.4m | 140,000 | 0% | held |
| 16 | SCHW Charles Schwab | Financial Services | 1.8% | $7.8m | 505,300 | 0% | held |
| 17 | ITW Illinois Tool Works | Industrials | 1.7% | $7.5m | 242,916 | -0% | held |
| 18 | ELME Washington Real Estate Investm | Real Estate | 1.6% | $7.0m | 407,475 | 1% | added |
| 19 | ITIC Investors Title Company | Financial Services | 1.5% | $6.6m | 228,850 | 0% | held |
| 20 | CAT Caterpillar Inc | Industrials | 1.5% | $6.6m | 235,700 | 15% | added |
| 21 | White Mountains | 1.5% | $6.5m | 37,600 | 0% | held | |
| 22 | WMT Wal-Mart Stores | Consumer Defensive | 1.4% | $6.1m | 116,425 | 0% | held |
| 23 | McGraw-Hill Companies | 1.1% | $5.0m | 220,000 | 0% | held | |
| 24 | BAC Bank of America | Financial Services | 1.1% | $4.8m | 709,888 | 0% | held |
| 25 | EMR Emerson Electric | Industrials | 1.0% | $4.6m | 162,500 | 0% | held |
| 26 | Plum Creek Lumber MLP | 1.0% | $4.4m | 150,000 | 0% | held | |
| 27 | PM Philip Morris International | Consumer Defensive | 0.9% | $4.2m | 116,700 | 0% | held |
| 28 | Leucadia National Corp | 0.9% | $4.1m | 278,200 | 31% | added | |
| 29 | Brookfield Asset Management | 0.9% | $4.1m | 300,000 | 0% | held | |
| 30 | DIS Disney | Communication Services | 0.8% | $3.6m | 200,000 | 0% | held |
| 31 | SAP SAP Aktiengesellschaft | Technology | 0.8% | $3.4m | 97,500 | 0% | held |
| 32 | UPS United Parcel Service | Industrials | 0.8% | $3.4m | 69,520 | -70% | reduced |
| 33 | BRO Brown & Brown | Financial Services | 0.8% | $3.4m | 180,000 | 0% | held |
| 34 | Forest City Enterprises Class | 0.7% | $3.0m | 844,367 | -0% | held | |
| 35 | GE General Electric | Industrials | 0.7% | $3.0m | 295,000 | 0% | held |
| 36 | MAR Marriott International | Consumer Cyclical | 0.6% | $2.9m | 175,000 | 0% | held |
| 37 | BF/B Brown-Forman | 0.6% | $2.8m | 70,965 | 0% | held | |
| 38 | NKE Nike | Consumer Cyclical | 0.5% | $2.4m | 50,200 | 0% | held |
| 39 | International Game Technology | 0.5% | $2.3m | 250,000 | 0% | held | |
| 40 | AFL Aflac | Financial Services | 0.5% | $2.0m | 105,000 | 0% | held |
| 41 | KMX Carmax | Consumer Cyclical | 0.4% | $2.0m | 160,000 | 0% | held |
| 42 | SYY Sysco Corp | Consumer Defensive | 0.4% | $1.9m | 85,000 | 0% | held |
| 43 | Washington Post Co | 0.4% | $1.9m | 5,400 | -0% | held | |
| 44 | MO Altria | Consumer Defensive | 0.4% | $1.9m | 116,700 | 0% | held |
| 45 | PEP Pepsico | Consumer Defensive | 0.4% | $1.8m | 34,000 | 0% | held |
| 46 | LOW Lowes | Consumer Cyclical | 0.4% | $1.7m | 95,000 | 0% | held |
| 47 | CTAS Cintas Corp | Industrials | 0.4% | $1.7m | 70,000 | 0% | held |
| 48 | Walgreen | 0.4% | $1.7m | 65,660 | 0% | held | |
| 49 | SLB Schlumberger | Energy | 0.3% | $1.5m | 36,000 | 73% | added |
| 50 | STT State Street Corp | Financial Services | 0.3% | $1.2m | 40,400 | 0% | held |
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.