Holding companyGlen Allen13F filer since 2001

Markel Group

Managed by Tom Gayner, CEO

13F portfolio value$12.8BQ3 2026 · down 2% vs Q2

Positions14517 new · 2 sold out

Top 10 weight44%of portfolio value

Turnover1%vs Q2

Largest holdingGOOG7.3% of portfolio

Last filingOct 30for Q3 2026

What changed in Q3 2026

Automated summary of the 13F · filed Oct 30, 2026

Added to HD (+1% shares) and WSO (+4% shares); new positions in XOM, ZBRA and MBGL.

Biggest cut: COST (−14% of shares). Sold out of Exxon Mobil and BRO.

Since the quarter ended, the top 10 holdings on Markets are up about 10.6% on average, led by V and BRK.B.

Holdings · Q3 2026

1GOOGAlphabet7.3%$937M2.7MNo change——

2BRK.ABerkshire Hathaway6.5%$832M1KNo change——

3BRK.BBerkshire Hathaway5.9%$763M1.5MNo change+18.0%—

4DEDeere4.5%$578M861KTrimmed −2%——

5AMZNAmazon.com, Inc.3.9%$506M2.0MNo change+6.8%1.0%

6BNBrookfield3.7%$477M13.1MNo change——

7AAPLApple Inc.3.2%$409M1.2MNo change+6.8%7.3%

8ADIAnalog Devices3.1%$397M1000KNo change——

9VVisa Inc.2.8%$364M1.0MNo change+18.4%—

10GSGoldman Sachs2.5%$324M359KNo change+2.8%—

Sector allocation

Financials13%+0.1 ptTechnology7%+1.0 ptConsumer discretionary6%−0.2 ptCommunication4%+0.2 ptIndustrials4%−0.6 ptOther65%−0.5 pt

Change shown in percentage points vs Q2. Holdings outside Markets’ coverage count as Other.

Reported portfolio value

$11.3B

$11.8B

$12.3B

$12.5B

$11.9B

$13.1B

$12.8B

Q4 24Q1 25Q2 25Q3 25Q4 25Q1 26Q2 26Q3 26

13F market value at each quarter end, US long positions only.

Next filing

In 95 daysQ4 2026 13F due Feb 15Follow to get an alert the day they file, with what changed.

Similar investors

AQR Capital ManagementQuant fund · $286.8B100% overlap Citadel AdvisorsMulti-strategy fund · $171.8B99% overlap Millennium ManagementMulti-strategy fund · $142.9B97% overlap Gotham Asset ManagementValue fund · $43.0B95% overlap

Trader Flow

Most ordered from this portfolio

Share of today’s orders across the 5ers firms: AAPL (7.3%). AAPL is one of this investor’s top 10 holdings.

About this data

From SEC Form 13F, filed up to 45 days after each quarter ends. Positions may have changed since.
Long US-listed stocks and ETFs only. No shorts, options, cash, bonds or non-US holdings.
“Since quarter end” uses today’s delayed price, not the investor’s cost.

View the filing on SEC.gov

Not investment advice. From SEC Form 13F filings (SEC EDGAR 13F). Following an investor alerts you when their next filing lands; it does not copy trades.