Markel Group 13F holdings, Q3 2025
Holdings as of September 30, 2025 · filings on SEC EDGAR · latest filing →
Markel Group disclosed 129 US equity positions worth $5.4bn in its Q3 2025 13F filing. The largest position was BRK/B at 20.4% of the reported book, followed by BRK/A and BN. Against the Q2 2025 filing, it opened 0 new positions, added to 11 and reduced 1 among the top 50 holdings.
What did Markel Group own in Q3 2025? Top 50 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q2 2025 |
|---|---|---|---|---|---|---|---|
| 1 | BRK/B BERKSHIRE HATHAWAY INC DEL | 20.4% | $1.1bn | 1,531,971 | 0% | held | |
| 2 | BRK/A BERKSHIRE HATHAWAY INC DEL | 15.5% | $840.2m | 1,114 | 0% | held | |
| 3 | BN BROOKFIELD CORP | Financial Services | 8.0% | $435.1m | 8,715,741 | 0% | held |
| 4 | DE DEERE & CO | Industrials | 7.4% | $401.4m | 877,900 | 0% | held |
| 5 | HD HOME DEPOT INC | Consumer Cyclical | 4.1% | $224.4m | 920,000 | 0% | held |
| 6 | GOOG ALPHABET INC | Communication Services | 2.7% | $144.8m | 2,749,860 | 0% | held |
| 7 | BAM BROOKFIELD ASSET MANAGMT LTD | Financial Services | 2.6% | $141.0m | 2,193,953 | 0% | held |
| 8 | FNV FRANCO NEV CORP | Basic Materials | 2.5% | $135.0m | 605,500 | 6% | added |
| 9 | NVO NOVO-NORDISK A S | Healthcare | 2.4% | $132.3m | 2,368,649 | 5% | added |
| 10 | DEO DIAGEO PLC | Consumer Defensive | 2.1% | $111.7m | 1,366,708 | 0% | held |
| 11 | DIS DISNEY WALT CO | Communication Services | 1.9% | $104.0m | 2,031,665 | 0% | held |
| 12 | JPM JPMORGAN CHASE & CO. | Financial Services | 1.5% | $79.7m | 252,550 | 0% | held |
| 13 | AMZN AMAZON COM INC | Consumer Cyclical | 1.2% | $65.2m | 2,030,760 | 0% | held |
| 14 | ITIC INVESTORS TITLE CO NC | Financial Services | 1.1% | $57.1m | 213,300 | 0% | held |
| 15 | V VISA INC | Financial Services | 1.0% | $52.0m | 999,285 | 0% | held |
| 16 | GS GOLDMAN SACHS GROUP INC | Financial Services | 0.7% | $37.7m | 359,360 | 0% | held |
| 17 | HGTY HAGERTY INC | 0.7% | $37.5m | 3,108,000 | 0% | held | |
| 18 | COST COSTCO WHSL CORP NEW | Consumer Defensive | 0.7% | $36.2m | 39,150 | 0% | held |
| 19 | GOOGL ALPHABET INC | Communication Services | 0.6% | $35.0m | 572,000 | 0% | held |
| 20 | YUM YUM BRANDS INC | Consumer Cyclical | 0.6% | $34.4m | 226,451 | 0% | held |
| 21 | WSO WATSCO INC | Industrials | 0.6% | $33.6m | 565,169 | 0% | held |
| 22 | ALL ALLSTATE CORP | Financial Services | 0.6% | $33.2m | 154,550 | 0% | held |
| 23 | FERG FERGUSON ENTERPRISES INC | Industrials | 0.6% | $33.0m | 147,000 | 9% | added |
| 24 | SHW SHERWIN WILLIAMS CO | Basic Materials | 0.6% | $32.6m | 94,172 | 0% | held |
| 25 | HCA HCA HEALTHCARE INC | Healthcare | 0.6% | $32.1m | 75,213 | 9% | added |
| 26 | META META PLATFORMS INC | Communication Services | 0.6% | $31.7m | 280,281 | 0% | held |
| 27 | LMT LOCKHEED MARTIN CORP | Industrials | 0.6% | $31.1m | 62,263 | 0% | held |
| 28 | LOW LOWES COS INC | Consumer Cyclical | 0.6% | $31.0m | 726,730 | 1% | added |
| 29 | GD GENERAL DYNAMICS CORP | Industrials | 0.6% | $30.0m | 391,000 | 0% | held |
| 30 | URI UNITED RENTALS INC | Industrials | 0.5% | $29.7m | 31,150 | 0% | held |
| 31 | PGR PROGRESSIVE CORP | Financial Services | 0.5% | $29.6m | 753,750 | 0% | held |
| 32 | BLK BLACKROCK INC | Financial Services | 0.5% | $28.0m | 220,200 | 0% | held |
| 33 | ABNB AIRBNB INC | Consumer Cyclical | 0.5% | $27.6m | 227,133 | 7% | added |
| 34 | TMO THERMO FISHER SCIENTIFIC INC | Healthcare | 0.5% | $27.1m | 55,800 | 13% | added |
| 35 | RLI RLI CORP | Financial Services | 0.5% | $25.2m | 2,394,544 | 0% | held |
| 36 | SCHW SCHWAB CHARLES CORP | Financial Services | 0.5% | $24.6m | 1,364,800 | 0% | held |
| 37 | AAPL APPLE INC | Technology | 0.5% | $24.5m | 1,227,290 | 0% | held |
| 38 | MSFT MICROSOFT CORP | Technology | 0.5% | $24.5m | 532,080 | 1% | added |
| 39 | MA MASTERCARD INCORPORATED | Financial Services | 0.4% | $22.7m | 207,540 | 0% | held |
| 40 | LAMR LAMAR ADVERTISING CO NEW | Real Estate | 0.4% | $20.8m | 170,000 | 8% | added |
| 41 | ADM ARCHER DANIELS MIDLAND CO | Consumer Defensive | 0.4% | $20.4m | 1,505,800 | -4% | reduced |
| 42 | CSCO CISCO SYS INC | Technology | 0.4% | $20.3m | 355,500 | 2% | added |
| 43 | MCO MOODYS CORP | Financial Services | 0.4% | $20.1m | 213,890 | 0% | held |
| 44 | MAR MARRIOTT INTL INC NEW | Consumer Cyclical | 0.4% | $19.1m | 73,250 | 22% | added |
| 45 | EFX EQUIFAX INC | Industrials | 0.3% | $18.7m | 72,850 | 0% | held |
| 46 | PM PHILIP MORRIS INTL INC | Consumer Defensive | 0.3% | $18.6m | 114,500 | 0% | held |
| 47 | RTX RTX CORPORATION | Industrials | 0.3% | $18.3m | 224,000 | 0% | held |
| 48 | SPOT SPOTIFY TECHNOLOGY S A | Communication Services | 0.3% | $18.1m | 25,900 | 0% | held |
| 49 | PAYX PAYCHEX INC | Technology | 0.3% | $17.7m | 150,000 | 0% | held |
| 50 | APD AIR PRODS & CHEMS INC | Basic Materials | 0.3% | $17.7m | 65,000 | 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.