WhaleCreep

Markel Group 13F holdings, Q2 2016

Investment holding companySEC filingsCompare with another fundHoldings as of 2016-06-30, filed 2016-08-05

Markel Group disclosed 130 US equity positions worth $3.8bn in its Q2 2016 13F filing. Its largest position is KMX at 6.3% of the reported book, followed by BRK/A and BRK/B. Versus Q1 2016 it opened 16 new positions, added to 46, reduced 1 and exited 15.

$3.8bn
Reported equity book
Sum of the long US equity positions in the filing, at the values filed. Options are excluded.
130
Positions
Distinct securities in the equity book with a reported value above zero. Options are excluded.
6.3%
Largest position
The largest single position as a share of the reported equity book.
43.6%
Top 10 weight
The ten largest positions together, as a share of the reported equity book.
37
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 Q1 2016: 16 new, 46 added, 1 reduced, 15 exited

50 of 130
KMX CARMAX INCConsumer Cyclical6.3%$241m4.91m0.0%held
BRK/A BERKSHIRE HATHAWAY INC DEL–6.2%$235m1,0840.0%held
BRK/B BERKSHIRE HATHAWAY INC DEL–5.8%$219m1.51m0.0%held
WBA WALGREENS BOOTS ALLIANCE INC–4.7%$178m2.13m0.0%held
BROOKFIELD ASSET MGMT INC no ticker–4.4%$168m5.08m+0.7%added
DIS DISNEY WALT COCommunication Services4.2%$158m1.61m+1.3%added
DEO DIAGEO PLCConsumer Defensive3.9%$147m1.30m+1.2%added
HD HOME DEPOT INCConsumer Cyclical3.1%$117m920,0000.0%held
MAR MARRIOTT INTL INC NEWConsumer Cyclical2.6%$97.8m1.47m+1.4%added
UNH UNITEDHEALTH GROUP INCHealthcare2.5%$93.6m663,0000.0%held
EXMOC EXXON MOBIL CORP–2.3%$88.6m944,8000.0%held
DE DEERE & COIndustrials2.3%$88.5m1.09m0.0%held
RLI RLI CORPFinancial Services2.2%$82.3m1.20m0.0%held
JNJ JOHNSON & JOHNSONHealthcare2.0%$74.1m610,8000.0%held
UNILEVER PLC no ticker–1.9%$73.2m1.53m+0.1%held
WPC W P CAREY INCReal Estate1.7%$66.0m950,2000.0%held
V VISA INCFinancial Services1.7%$63.9m861,700+0.8%added
ADM ARCHER DANIELS MIDLAND COConsumer Defensive1.7%$62.8m1.46m+2.2%added
NVO NOVO-NORDISK A SHealthcare1.5%$57.8m1.07m0.0%held
GD GENERAL DYNAMICS CORPIndustrials1.4%$53.9m387,0000.0%held
BLK BLACKROCK INCFinancial Services1.4%$52.9m154,500+1.6%added
SLB SLB LIMITEDEnergy1.4%$52.4m662,5000.0%held
ADP AUTOMATIC DATA PROCESSING INTechnology1.3%$48.8m530,7000.0%held
CPRT COPART INCIndustrials1.2%$47.3m965,0000.0%held
BF/A BROWN FORMAN CORP–1.2%$45.5m421,5000.0%held
LOW LOWES COS INCConsumer Cyclical1.1%$42.8m540,0000.0%held
MRSH MARSH & MCLENNAN COS INCFinancial Services1.1%$41.7m609,500+3.4%added
MONSANTO CO NEW no ticker–1.1%$41.0m396,7000.0%held
TRV TRAVELERS COMPANIES INCFinancial Services1.0%$37.5m315,0000.0%held
MMM 3M COIndustrials0.9%$35.7m204,0000.0%held
HAS HASBRO INCConsumer Cyclical0.8%$30.6m364,0000.0%held
COLFAX CORP no ticker–0.8%$30.0m1.14m0.0%held
ELV ELEVANCE HEALTH INCHealthcare0.8%$29.4m224,0000.0%held
OAK OAKTREE CAP GROUP LLC–0.8%$28.8m644,500+9.3%added
MCO MOODYS CORPFinancial Services0.7%$27.2m290,0000.0%held
SCHW SCHWAB CHARLES CORPFinancial Services0.7%$26.8m1.06m0.0%held
FDS FACTSET RESH SYS INCFinancial Services0.7%$26.5m164,0000.0%held
ORCL ORACLE CORPTechnology0.7%$26.1m638,0000.0%held
ITW ILLINOIS TOOL WKS INCIndustrials0.6%$24.0m230,0000.0%held
CVS CVS HEALTH CORPHealthcare0.6%$23.6m247,0000.0%held
AXP AMERICAN EXPRESS COFinancial Services0.6%$23.5m386,0000.0%held
GOOG ALPHABET INCCommunication Services0.6%$23.2m33,531+46%added
WSO WATSCO INCIndustrials0.6%$21.2m150,500+18%added
CAT CATERPILLAR INCIndustrials0.6%$21.1m278,0000.0%held
TROW PRICE T ROWE GROUP INCFinancial Services0.5%$20.8m285,0000.0%held
NOVEUR NATIONAL OILWELL VARCO INC–0.5%$20.5m610,0000.0%held
ITIC INVESTORS TITLE COFinancial Services0.5%$20.3m213,3000.0%held
ECL ECOLAB INCBasic Materials0.5%$19.7m165,800+2.3%added
NSC NORFOLK SOUTHERN CORPIndustrials0.5%$19.5m229,500+10%added
DISCKUSD DISCOVERY INC–0.5%$18.0m756,000+2.4%added

Exited since Q1 2016

15 rows
MAT MATTEL INC0.6%$21.4m
FHI FEDERATED HERMES INC0.6%$21.3m
LIBERTY MEDIA CORP DELAWARE no ticker0.5%$19.9m
LIBERTY MEDIA CORP DELAWARE no ticker0.4%$16.5m
MCGRAW HILL FINL INC no ticker0.4%$14.6m
PG PROCTER & GAMBLE CO0.3%$10.5m
HAL HALLIBURTON CO0.2%$8.7m
AANUSD AARONS INC0.2%$8.2m
WAIREUR WESCO AIRCRAFT HLDGS INC0.1%$4.1m
UPBD UPBOUND GROUP INC0.1%$3.8m
ROST ROSS STORES INC0.07%$2.7m
DNOW DNOW INC0.06%$2.1m
AMT AMERICAN TOWER CORP0.05%$2.0m
CULP CULP INC0.02%$793k
GWRUSD GENESEE & WYO INC0.02%$690k

Sector mix

  • Unclassified35.2%
  • Consumer Cyclical15.5%
  • Financial Services13.5%
  • Industrials9.6%
  • Healthcare7.5%
  • Consumer Defensive6.5%
  • Communication Services5.2%
  • Technology3.3%
  • Real Estate1.7%
  • Energy1.4%
  • Basic Materials0.6%

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