Markel Group 13F, Q4 2023
Thomas Gayner · quarter ending 31 December 2023 · filed 2 February 2024 · SEC CIK 1096343
Common stock only: shares the fund reported owning at the quarter end, valued as filed.
Largest positions, Q4 2023
The 25 largest of 128 positions. Weights are against the whole filed book. Changes are in shares held, against the Q3 2023 filing.
| Company | Ticker | Value | % of book | vs Q3 2023 |
|---|---|---|---|---|
| BERKSHIRE HATHAWAY INC DEL | BRK/A | $604.48M | 6.6% | unchanged |
| BERKSHIRE HATHAWAY INC DEL | BRK/B | $546.39M | 5.9% | unchanged |
| ALPHABET INC | GOOG | $387.54M | 4.2% | unchanged |
| BROOKFIELD CORP | BN | $349.68M | 3.8% | unchanged |
| DEERE & CO | DE | $319.02M | 3.5% | +5% shares |
| HOME DEPOT INC | HD | $318.83M | 3.5% | unchanged |
| AMAZON COM INC | AMZN | $308.55M | 3.4% | unchanged |
| VISA INC | V | $260.16M | 2.8% | unchanged |
| WATSCO INC | WSO | $238.55M | 2.6% | +2% shares |
| APPLE INC | AAPL | $236.02M | 2.6% | unchanged |
| ANALOG DEVICES INC | ADI | $231.12M | 2.5% | +3% shares |
| NOVO-NORDISK A S | NVO | $222.42M | 2.4% | unchanged |
| DIAGEO PLC | DEO | $197.33M | 2.1% | unchanged |
| MICROSOFT CORP | MSFT | $187.45M | 2.0% | unchanged |
| DISNEY WALT CO | DIS | $183.44M | 2.0% | unchanged |
| BLACKROCK INC | $178.76M | 1.9% | unchanged | |
| BLACKSTONE INC | BX | $160.90M | 1.8% | unchanged |
| RLI CORP | RLI | $159.38M | 1.7% | unchanged |
| LOWES COS INC | LOW | $146.21M | 1.6% | unchanged |
| GOLDMAN SACHS GROUP INC | GS | $138.63M | 1.5% | unchanged |
| MARSH & MCLENNAN COS INC | MRSH | $129.69M | 1.4% | unchanged |
| TEXAS INSTRS INC | TXN | $123.41M | 1.3% | unchanged |
| KKR & CO INC | KKR | $120.28M | 1.3% | unchanged |
| PROGRESSIVE CORP | PGR | $120.06M | 1.3% | unchanged |
| ARCHER DANIELS MIDLAND CO | ADM | $105.68M | 1.1% | unchanged |
What changed since Q3 2023
Against the Q3 2023 filing, Markel Group opened 2 new positions, added to 32, trimmed 2, left 92 unchanged and exited 7. Every position is compared, matched on its CUSIP; a change of 2% or less in shares counts as unchanged.
Other quarters
Source: SEC Form 13F-HR, accession 0000950123-24-000655, filed by MARKEL GROUP INC.. Values are as filed and cover US-listed positions only; a 13F does not show short positions or holdings outside the US. A 13F may be filed up to 45 days after the quarter ends, so the fund may have traded since. Educational information, not financial advice.