Markel Group 13F, Q1 2026
Thomas Gayner · quarter ending 31 March 2026 · filed 1 May 2026 · SEC CIK 1096343
Common stock only: shares the fund reported owning at the quarter end, valued as filed.
Largest positions, Q1 2026
The 25 largest of 129 positions. Weights are against the whole filed book. Changes are in shares held, against the Q4 2025 filing.
| Company | Ticker | Value | % of book | vs Q4 2025 |
|---|---|---|---|---|
| BERKSHIRE HATHAWAY INC DEL | BRK/A | $800.01M | 6.7% | unchanged |
| ALPHABET INC | GOOG | $788.82M | 6.6% | unchanged |
| BERKSHIRE HATHAWAY INC DEL | BRK/B | $734.12M | 6.2% | unchanged |
| BROOKFIELD CORP | BN | $529.09M | 4.4% | unchanged |
| DEERE & CO | DE | $494.52M | 4.1% | unchanged |
| AMAZON COM INC | AMZN | $422.95M | 3.5% | unchanged |
| ANALOG DEVICES INC | ADI | $325.54M | 2.7% | unchanged |
| APPLE INC | AAPL | $311.47M | 2.6% | unchanged |
| GOLDMAN SACHS GROUP INC | GS | $304.01M | 2.5% | unchanged |
| VISA INC | V | $303.55M | 2.5% | unchanged |
| HOME DEPOT INC | HD | $302.58M | 2.5% | unchanged |
| CATERPILLAR INC | CAT | $232.84M | 1.9% | unchanged |
| WATSCO INC | WSO | $211.79M | 1.8% | unchanged |
| BLACKROCK INC | BLK | $211.77M | 1.8% | unchanged |
| MICROSOFT CORP | MSFT | $199.01M | 1.7% | unchanged |
| DISNEY WALT CO | DIS | $195.81M | 1.6% | unchanged |
| FRANCO NEV CORP | FNV | $175.03M | 1.5% | +4% shares |
| LOWES COS INC | LOW | $174.49M | 1.5% | unchanged |
| LPL FINL HLDGS INC | LPLA | $168.45M | 1.4% | unchanged |
| ALPHABET INC | GOOGL | $164.48M | 1.4% | unchanged |
| PROGRESSIVE CORP | PGR | $149.42M | 1.3% | unchanged |
| JOHNSON & JOHNSON | JNJ | $149.30M | 1.3% | unchanged |
| AMERICAN EXPRESS CO | AXP | $148.35M | 1.2% | unchanged |
| META PLATFORMS INC | META | $142.06M | 1.2% | unchanged |
| BLACKSTONE INC | BX | $141.32M | 1.2% | unchanged |
What changed since Q4 2025
Against the Q4 2025 filing, Markel Group opened 4 new positions, added to 27, trimmed 2, left 96 unchanged and exited 3. 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 0001096343-26-000044, 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.