WhaleCreep

Markel Group 13F holdings, Q4 2013

Investment holding companySEC filingsCompare with another fundHoldings as of 2013-12-31, filed 2014-02-11

Markel Group disclosed 109 US equity positions worth $3.2bn in its Q4 2013 13F filing. Its largest position is KMX at 7.5% of the reported book, followed by BRK/A and BRK/B. Versus Q3 2013 it opened 8 new positions, added to 34, reduced 9 and exited 6.

$3.2bn
Reported equity book
Sum of the long US equity positions in the filing, at the values filed. Options are excluded.
109
Positions
Distinct securities in the equity book with a reported value above zero. Options are excluded.
7.5%
Largest position
The largest single position as a share of the reported equity book.
45.1%
Top 10 weight
The ten largest positions together, as a share of the reported equity book.
34
Effective positions
1 / HHI of portfolio weights: the number of equal-weight positions the book behaves like.
75
Quarters on file since Q4 2007
Quarters for which this manager's 13F holdings are on record.

Holdings

Against Q3 2013: 8 new, 34 added, 9 reduced, 6 exited

50 of 109
KMX CARMAX INCConsumer Cyclical7.5%$236m5.03m−0.2%held
BRK/A BERKSHIRE HATHAWAY INC DEL–6.2%$195m1,0940.0%held
BRK/B BERKSHIRE HATHAWAY INC DEL–5.7%$181m1.53m−0.3%held
DEO DIAGEO PLCConsumer Defensive5.1%$160m1.21m−0.1%held
BROOKFIELD ASSET MGMT INC no ticker–3.9%$125m3.22m+1.6%added
WALGREEN CO no ticker–3.9%$123m2.15m−0.1%held
DIS DISNEY WALT COCommunication Services3.6%$115m1.51m−0.2%held
Fairfax Financial Holdings Ltd no ticker–3.5%$112m279,4590.0%held
WMT WALMART INCConsumer Defensive2.8%$88.9m1.13m+1.4%added
EXMOC EXXON MOBIL CORP–2.8%$88.8m877,266+2.4%added
UPS UNITED PARCEL SERVICE INCIndustrials2.4%$77.3m735,800−0.3%held
HD HOME DEPOT INCConsumer Cyclical2.4%$77.1m935,900−0.3%held
GE GENERAL ELECTRIC COIndustrials2.3%$72.8m2.60m+5.9%added
COLFAX CORP no ticker–2.2%$69.1m1.09m0.0%held
MAR MARRIOTT INTL INC NEWConsumer Cyclical2.1%$66.3m1.34m+0.2%held
FHI FEDERATED HERMES INCFinancial Services2.0%$62.1m2.16m0.0%held
ADM ARCHER DANIELS MIDLAND COConsumer Defensive1.9%$60.1m1.38m0.0%held
RLI RLI CORPFinancial Services1.9%$58.6m601,2600.0%held
WPC W P CAREY INCReal Estate1.8%$58.5m953,2000.0%held
JNJ JOHNSON & JOHNSONHealthcare1.7%$53.2m580,6000.0%held
UNH UNITEDHEALTH GROUP INCHealthcare1.4%$45.7m606,900+5.3%added
BUD ANHEUSER BUSCH INBEV SA NVConsumer Defensive1.4%$43.8m411,600−0.2%held
ADP AUTOMATIC DATA PROCESSING INTechnology1.4%$43.0m532,100−0.1%held
NVO NOVO-NORDISK A SHealthcare1.3%$40.9m221,200−0.2%held
GD GENERAL DYNAMICS CORPIndustrials1.2%$38.1m398,400−0.2%held
AXP AMERICAN EXPRESS COFinancial Services1.0%$32.0m352,500−0.5%held
BF/A BROWN FORMAN CORP–1.0%$31.4m425,4900.0%held
MSFT MICROSOFT CORPTechnology1.0%$30.9m825,100+2.8%added
V VISA INCFinancial Services1.0%$30.4m136,600+11%added
MMM 3M COIndustrials0.9%$28.8m205,7000.0%held
TEVA TEVA PHARMACEUTICAL INDS LTDHealthcare0.9%$28.1m699,9000.0%held
LOW LOWES COS INCConsumer Cyclical0.9%$27.8m560,400−0.1%held
SCHW SCHWAB CHARLES CORPFinancial Services0.8%$26.0m999,700−0.4%held
INTC INTEL CORPTechnology0.8%$25.9m998,700+16%added
ORCL ORACLE CORPTechnology0.8%$24.5m641,500−0.2%held
CAT CATERPILLAR INCIndustrials0.7%$22.0m242,000−0.1%held
TROW PRICE T ROWE GROUP INCFinancial Services0.7%$21.0m250,5000.0%held
ITW ILLINOIS TOOL WKS INCIndustrials0.6%$20.3m241,200−0.7%reduced
LIBERTY MEDIA CORP DELAWARE no ticker–0.6%$19.6m134,000+22%added
NOVEUR NATIONAL OILWELL VARCO INC–0.6%$19.2m242,000+15%added
BLK BLACKROCK INCFinancial Services0.6%$18.8m59,400+78%added
INTERNATIONAL GAME TECHNOLOG no ticker–0.6%$18.7m1.03m−13%reduced
MCD MCDONALDS CORPConsumer Cyclical0.6%$17.9m184,700−0.2%held
ITIC INVESTORS TITLE COFinancial Services0.6%$17.5m216,100−0.1%held
SLB SLB LIMITEDEnergy0.5%$15.7m174,000+13%added
COF CAPITAL ONE FINL CORPFinancial Services0.5%$14.4m187,4000.0%held
GOOGLE INC no ticker–0.4%$14.0m12,500+5.0%added
MCO MOODYS CORPFinancial Services0.4%$13.9m177,400+14%added
ACNT ASCENT INDUSTRIES COBasic Materials0.4%$12.1m785,3430.0%held
HAS HASBRO INCConsumer Cyclical0.4%$12.0m218,800+15%added

Exited since Q3 2013

6 rows
CRREUR CARBO CERAMICS INC0.8%$23.4m
LEUCADIA NATL CORP no ticker0.4%$10.6m
Washington Post Co no ticker0.1%$3.2m
NATURAL RESOURCE PARTNERS L no ticker0.07%$1.9m
ANRZQEUR ALPHA NAT RES INC0.05%$1.4m
CONSOL ENERGY INC no ticker0.03%$1.0m

Sector mix

  • Unclassified35.1%
  • Consumer Cyclical14.7%
  • Consumer Defensive12.3%
  • Financial Services11.1%
  • Industrials9.5%
  • Healthcare5.3%
  • Technology4.3%
  • Communication Services3.6%
  • Real Estate1.8%
  • Energy1.3%
  • Basic Materials0.9%

Book over time

Every quarter on file (75)
QuarterPositionsEquity book
Q2 2026130$13.1bn
Q1 2026129$11.9bn
Q4 2025128$12.5bn
Q3 2025129$12.3bn
Q2 2025137$11.8bn
Q1 2025135$11.3bn
Q4 2024132$11.3bn
Q3 2024132$11.1bn
Q2 2024134$10.2bn
Q1 2024132$10.1bn
Q4 2023128$9.2bn
Q3 2023133$8.3bn
Q2 2023131$8.4bn
Q1 2023131$7.9bn
Q4 2022134$7.5bn
Q3 2022131$6.8bn
Q2 2022131$7.0bn
Q1 2022126$8.4bn
Q4 2021120$8.7bn
Q3 2021125$7.9bn
Q2 2021125$7.9bn
Q1 2021118$7.2bn
Q4 2020115$6.7bn
Q3 2020113$5.9bn
Q2 2020113$5.4bn
Q1 2020130$5.3bn
Q4 2019134$7.2bn
Q3 2019132$6.6bn
Q2 2019137$6.5bn
Q1 2019133$6.0bn
Q4 2018132$5.2bn
Q3 2018131$5.9bn
Q2 2018133$5.4bn
Q1 2018137$5.3bn
Q4 2017138$5.3bn
Q3 2017139$5.0bn
Q2 2017138$4.7bn
Q1 2017133$4.4bn
Q4 2016133$4.1bn
Q3 2016129$3.9bn
Q2 2016130$3.8bn
Q1 2016129$3.7bn
Q4 2015130$3.7bn
Q3 2015121$3.8bn
Q2 2015112$4.0bn
Q1 2015107$4.0bn
Q4 2014107$3.7bn
Q3 2014104$3.5bn
Q2 2014105$3.5bn
Q1 2014105$3.3bn
Q4 2013109$3.2bn
Q3 2013107$2.9bn
Q2 2013107$2.8bn
Q1 201395$1.3bn
Q4 201296$1.2bn
Q3 201290$1.1bn
Q2 201293$1.0bn
Q1 201293$1.0bn
Q4 201189$885m
Q3 201186$763m
Q2 201181$855m
Q1 201180$831m
Q4 201081$828m
Q3 201079$726m
Q2 201077$682m
Q1 201076$750m
Q4 200976$631m
Q3 200975$598m
Q2 200973$494m
Q1 200973$443m
Q4 200874$527m
Q3 200879$646m
Q2 200880$612m
Q1 200877$675m
Q4 200772$748m

Where Markel Group was early

26 rows
EMR Emerson ElectricQ1 20081 of 1490.7%1.3%35Exited by Q4 2016+5.9%
DIS DISNEY WALT COQ1 20086 of 2530.6%5.0%74Held at last filing, Q2 2026+207%
PM PHILIP MORRIS INTL INCQ1 200812 of 1690.9%1.0%74Held at last filing, Q2 2026+258%
SLB SchlumbergerQ3 200812 of 2110.2%1.4%37Exited by Q4 2017−11%
MCD McDonaldsQ2 20094 of 1920.3%2.2%26Exited by Q4 2015+71%
EXMOC EXXON MOBIL CORPQ3 20096 of 1932.3%2.8%37Held at last filing, Q2 2026+99%
NVO NOVO-NORDISK A SQ4 20092 of 1511.7%3.5%67Held at last filing, Q2 2026+651%
BUD ANHEUSER BUSCH INBEV SA/NVQ1 20101 of 1290.5%3.1%35Exited by Q3 2025+36%
BRK/B BERKSHIRE HATHAWAY INC DELQ1 20103 of 1804.2%7.2%66Held at last filing, Q2 2026+516%
TEVA Teva PharmaceuticalsQ2 201014 of 1820.5%2.4%18Exited by Q4 2014+3.4%
V VISA INCQ4 201022 of 2840.04%3.4%63Held at last filing, Q2 2026+1850%
WSO WATSCO INCQ1 20113 of 1140.04%2.7%53Held at last filing, Q2 2026+498%
LII Lennox InternationalQ3 20112 of 1190.4%1.2%6Exited by Q1 2013+104%
ECL ECOLAB INCQ3 201112 of 1380.2%1.1%60Held at last filing, Q2 2026+470%
ADM ARCHER DANIELS MIDLAND COQ1 20122 of 1361.2%3.4%58Held at last filing, Q2 2026+141%
WPC W.P. CareyQ4 20121 of 960.2%2.3%23Exited by Q3 2018+27%
UNH UNITEDHEALTH GROUP INCQ1 201312 of 2991.7%3.0%39Exited by Q2 2026+373%
BLK BLACKROCK INCQ2 20134 of 1550.08%2.4%53Held at last filing, Q2 2026+274%
CPRT Copart IncQ3 201311 of 1780.01%1.2%12Exited by Q3 2016+54%
DE DEERE & COQ3 20142 of 1851.2%4.3%48Held at last filing, Q2 2026+674%
WBA Walgreens Boots Alliance IncQ4 20149 of 2064.4%4.9%22Exited by Q2 2020−40%
ADI ANALOG DEVICES INCQ1 20169 of 2020.09%3.0%42Held at last filing, Q2 2026+571%
TXN TEXAS INSTRS INCQ1 201612 of 2020.09%1.9%42Held at last filing, Q2 2026+419%
BX BLACKSTONE INCQ3 201913 of 2060.9%1.9%28Held at last filing, Q2 2026+141%
BAM BROOKFIELD ASSET MANAGMT LTDQ4 20225 of 970.8%1.0%15Held at last filing, Q2 2026+56%
BN BROOKFIELD CORPQ4 20226 of 1153.7%4.9%15Held at last filing, Q2 2026+103%

Concentration and tenure

7.0%
Median largest position, all quarters
The largest single position as a share of the reported equity book.
42.9%
Median top 10 weight, all quarters
The ten largest positions together, as a share of the reported equity book.
Concentrated
Style, by median largest position
8
Median completed holding, quarters