MARKEL GROUP INC. (Tom Gayner)

Holdings as of 06-30-2025

Ticker Company/ETF Total Shares Total Value ($) CUSIP Class Put/Call
BRK/A BERKSHIRE HATHAWAY INC-CL A 1,114 $811,883,200 084670108 COMMON STOCK
BRK.B BERKSHIRE HATHAWAY INC-CL B 1,531,971 $744,185,552 084670702 COMMON STOCK
BN BROOKFIELD CORP 8,715,741 $539,068,582 11271J107 COMMON STOCK
GOOG ALPHABET INC-CL C 2,749,860 $487,797,665 02079K107 COMMON STOCK
DE DEERE & CO 877,900 $446,403,372 244199105 COMMON STOCK
AMZN AMAZON.COM INC 2,030,760 $445,528,436 023135106 COMMON STOCK
V VISA INC 999,285 $354,796,140 92826C839 COMMON STOCK
HD HOME DEPOT INC 920,000 $337,308,800 437076102 COMMON STOCK
ADI ANALOG DEVICES INC 1,167,671 $277,929,053 032654105 COMMON STOCK
MSFT MICROSOFT CORP 527,480 $262,373,826 594918104 COMMON STOCK
GS GOLDMAN SACHS GROUP INC 359,360 $254,337,042 38141G104 COMMON STOCK
DIS WALT DISNEY CO/THE 2,031,665 $251,946,778 254687106 COMMON STOCK
AAPL APPLE INC 1,227,290 $251,803,090 037833100 COMMON STOCK
WSO WATSCO INC 565,169 $249,589,933 942622200 COMMON STOCK
BLK BLACKROCK INC 220,200 $231,044,851 09290D101 COMMON STOCK
META META PLATFORMS INC-CLASS A 280,281 $206,872,603 30303M102 COMMON STOCK
LPLA LPL FINANCIAL HOLDINGS INC 544,604 $204,210,161 50212V100 COMMON STOCK
PGR PROGRESSIVE CORP 753,750 $201,145,726 743315103 COMMON STOCK
KKR KKR & CO INC 1,451,800 $193,132,954 48251W104 COMMON STOCK
BX BLACKSTONE INC 1,229,000 $183,833,821 09260D107 COMMON STOCK
RLI RLI CORP 2,394,544 $172,933,967 749607107 COMMON STOCK
MMC MARSH & MCLENNAN COS 748,750 $163,706,700 571748102 COMMON STOCK
LOW LOWE'S COS INC 717,230 $159,131,820 548661107 COMMON STOCK
NVO NOVO-NORDISK A/S 2,258,588 $155,887,745 670100205 COMMON STOCK
AXP AMERICAN EXPRESS CO 484,250 $154,466,065 025816109 COMMON STOCK
TXN TEXAS INSTRUMENTS INC 724,000 $150,316,880 882508104 COMMON STOCK
APO APOLLO GLOBAL MANAGEMENT INC 1,012,500 $143,643,375 03769M106 COMMON STOCK
DEO DIAGEO PLC 1,366,708 $137,818,835 25243Q205 COMMON STOCK
CAT CATERPILLAR INC 328,650 $127,585,217 149123101 COMMON STOCK
SCHW SCHWAB (CHARLES) CORP 1,364,800 $124,524,351 808513105 COMMON STOCK
BAM BROOKFIELD ASSET MGMT-A 2,193,953 $121,281,722 113004105 COMMON STOCK
MA MASTERCARD INC 207,540 $116,625,028 57636Q104 COMMON STOCK
GD GENERAL DYNAMICS CORP 391,000 $114,039,060 369550108 COMMON STOCK
MCO MOODY'S CORP 213,890 $107,285,086 615369105 COMMON STOCK
GOOGL ALPHABET INC-CL A 572,000 $100,803,560 02079K305 COMMON STOCK
DG DOLLAR GENERAL CORP 869,250 $99,424,814 256677105 COMMON STOCK
HEI.A HEICO CORP CLASS A 379,644 $98,232,886 422806208 COMMON STOCK
FNV FRANCO-NEVADA CORP 569,500 $93,352,440 351858105 COMMON STOCK
JNJ JOHNSON & JOHNSON 610,800 $93,299,700 478160104 COMMON STOCK
NVR NVR INC 11,897 $87,867,198 62944T105 COMMON STOCK
LIN LINDE PLC 186,600 $87,548,988 G54950103 COMMON STOCK
ADM ARCHER-DANIELS-MIDLAND CO 1,573,800 $83,065,165 039483102 COMMON STOCK
ROL ROLLINS INC 1,469,275 $82,896,497 775711104 COMMON STOCK
MSCI MSCI INC 142,850 $82,387,309 55354G100 COMMON STOCK
ITW ILLINOIS TOOL WORKS 327,500 $80,974,377 452308109 COMMON STOCK
SPGI S&P GLOBAL INC 150,690 $79,457,331 78409V104 COMMON STOCK
ECL ECOLAB INC 274,300 $73,907,392 278865100 COMMON STOCK
JPM JPMORGAN CHASE & CO 252,550 $73,216,771 46625H100 COMMON STOCK
CG CARLYLE GROUP INC/THE 1,327,000 $68,207,800 14316J108 COMMON STOCK
NSC NORFOLK SOUTHERN CORP 236,500 $60,536,905 655844108 COMMON STOCK
SBUX STARBUCKS CORP 623,818 $57,160,443 855244109 COMMON STOCK
ODFL OLD DOMINION FREIGHT LINE 342,450 $55,579,635 679580100 COMMON STOCK
FDS FACTSET RESEARCH SYSTEMS INC 116,720 $52,206,522 303075105 COMMON STOCK
ROK ROCKWELL AUTOMATION INC 154,900 $51,453,133 773903109 COMMON STOCK
VRSK VERISK ANALYTICS INC 155,950 $48,578,425 92345Y106 COMMON STOCK
FDX FEDEX CORP 213,000 $48,417,030 31428X106 COMMON STOCK
THG HANOVER INSURANCE GROUP INC/ 281,000 $47,733,470 410867105 COMMON STOCK
ACN ACCENTURE PLC IRELAND 159,400 $47,643,066 G1151C101 COMMON STOCK
AON AON PLC 129,800 $46,307,448 G0403H108 COMMON STOCK
TSN TYSON FOODS INC-CL A 816,000 $45,647,040 902494103 COMMON STOCK
ITIC INVESTORS TITLE CO 213,300 $45,070,290 461804106 COMMON STOCK
COST COSTCO WHOLESALE CORP 39,150 $38,756,151 22160K105 COMMON STOCK
CMCSA COMCAST CORP 961,880 $34,329,497 20030N101 COMMON STOCK
YUM YUM! BRANDS INC 226,451 $33,555,509 988498101 COMMON STOCK
RTX RTX CORP 224,000 $32,708,480 75513E101 COMMON STOCK
SHW SHERWIN-WILLIAMS CO 94,172 $32,334,898 824348106 COMMON STOCK
NKE NIKE INC 447,400 $31,783,296 654106103 COMMON STOCK
HGTY HAGERTY INC-A 3,108,000 $31,421,880 405166109 COMMON STOCK
ALL ALLSTATE CORP 154,550 $31,112,461 020002101 COMMON STOCK
TROW T ROWE PRICE GROUP INC 314,000 $30,301,000 74144T108 COMMON STOCK
FERG FERGUSON ENTERPRISES INC 134,500 $29,287,375 31488V107 COMMON STOCK
LMT LOCKHEED MARTIN CORP 62,263 $28,836,486 539830109 COMMON STOCK
ABNB AIRBNB INC-CLASS A 212,003 $28,056,478 009066101 COMMON STOCK
HCA HCA HEALTHCARE INC 68,963 $26,419,726 40412C101 COMMON STOCK
CSCO CISCO SYSTEMS INC 349,500 $24,248,310 17275R102 COMMON STOCK
URI UNITED RENTALS INC 31,150 $23,468,410 911363109 COMMON STOCK
BF/A BROWN-FORMAN CORP-CLASS A 843,000 $23,157,210 115637100 COMMON STOCK
UNP UNION PACIFIC CORP 97,278 $22,381,722 907818108 COMMON STOCK
PAYX PAYCHEX INC 150,000 $21,819,000 704326107 COMMON STOCK
PM PHILIP MORRIS INTERNATIONAL 114,500 $20,853,885 718172109 COMMON STOCK
TMO THERMO FISHER SCIENTIFIC INC 49,550 $20,090,543 883556102 COMMON STOCK
SPOT SPOTIFY TECHNOLOGY S A 25,900 $19,874,106 L8681T102 COMMON STOCK
CCK CROWN HOLDINGS INC 189,500 $19,514,710 228368106 COMMON STOCK
COF CAPITAL ONE FINANCIAL CORP 91,000 $19,361,160 14040H105 COMMON STOCK
LAMR LAMAR ADVERTISING CO-A 158,000 $19,174,880 512816109 COMMON STOCK
EFX EQUIFAX INC 72,850 $18,895,105 294429105 COMMON STOCK
APD AIR PRODUCTS & CHEMICALS INC 65,000 $18,333,900 009158106 COMMON STOCK
MMM 3M CO 118,250 $18,002,380 88579Y101 COMMON STOCK
CARR CARRIER GLOBAL CORP 235,000 $17,199,650 14448C104 COMMON STOCK
RNR RENAISSANCERE HLDGS LTD 70,000 $17,003,000 G7496G103 COMMON STOCK
MAR MARRIOTT INTERNATIONAL 60,250 $16,460,903 571903202 COMMON STOCK
WFC WELLS FARGO & CO 204,450 $16,380,534 949746101 COMMON STOCK
SEIC SEI INVESTMENTS COMPANY 173,200 $15,563,752 784117103 COMMON STOCK
CHH CHOICE HOTELS INTL INC 115,500 $14,654,640 169905106 COMMON STOCK
TGT TARGET CORP 133,000 $13,120,450 87612E106 COMMON STOCK
BF.B BROWN-FORMAN CORP-CLASS B 474,187 $12,760,372 115637209 COMMON STOCK
PEP PEPSICO INC 96,210 $12,703,568 713448108 COMMON STOCK
SHOP SHOPIFY INC - CLASS A 102,750 $11,852,213 82509L107 COMMON STOCK
UBER UBER TECHNOLOGIES INC 123,500 $11,522,550 90353T100 COMMON STOCK
OTIS OTIS WORLDWIDE CORP 114,620 $11,349,672 68902V107 COMMON STOCK
SMG SCOTTS MIRACLE-GRO CO 168,000 $11,081,280 810186106 COMMON STOCK
BK BANK OF NEW YORK MELLON CORP 121,500 $11,069,865 064058100 COMMON STOCK
HXL HEXCEL CORP 189,000 $10,676,610 428291108 COMMON STOCK
KMX CARMAX INC 136,500 $9,174,165 143130102 COMMON STOCK
HSY HERSHEY CO 54,500 $9,044,275 427866108 COMMON STOCK
TRU TRANSUNION 101,050 $8,892,400 89400J107 COMMON STOCK
SONY SONY GROUP CORP - SP ADR 335,000 $8,720,050 835699307 SPONSORED ADR
UNH UNITEDHEALTH GROUP INC 26,500 $8,267,206 91324P102 COMMON STOCK
NSP INSPERITY INC 131,728 $7,919,488 45778Q107 COMMON STOCK
IQV IQVIA HOLDINGS INC 49,642 $7,823,083 46266C105 COMMON STOCK
OI O-I GLASS INC 473,700 $6,982,338 67098H104 COMMON STOCK
FIX COMFORT SYSTEMS USA INC 13,000 $6,970,730 199908104 COMMON STOCK
CME CME GROUP INC 22,500 $6,201,450 12572Q105 COMMON STOCK
EMN EASTMAN CHEMICAL CO 74,950 $5,595,767 277432100 COMMON STOCK
ADBE ADOBE INC 14,000 $5,416,320 00724F101 COMMON STOCK
HII HUNTINGTON INGALLS INDUSTRIE 20,500 $4,949,930 446413106 COMMON STOCK
GHC GRAHAM HOLDINGS CO-CLASS B 5,200 $4,920,084 384637104 COMMON STOCK
CE CELANESE CORP 81,300 $4,498,329 150870103 COMMON STOCK
WRB WR BERKLEY CORP 60,750 $4,463,304 084423102 COMMON STOCK
CBOE CBOE GLOBAL MARKETS INC 19,000 $4,430,990 12503M108 COMMON STOCK
GPK GRAPHIC PACKAGING HOLDING CO 174,000 $3,666,180 388689101 COMMON STOCK
AMAT APPLIED MATERIALS INC 16,500 $3,020,655 038222105 COMMON STOCK
MGM MGM RESORTS INTERNATIONAL 87,500 $3,009,125 552953101 COMMON STOCK
AYI ACUITY BRANDS INC 9,750 $2,908,815 00508Y102 COMMON STOCK
BALL BALL CORP 51,000 $2,860,590 058498106 COMMON STOCK
WTW WILLIS TOWERS WATSON PLC LTD 8,627 $2,644,177 G96629103 COMMON STOCK
DPZ DOMINO'S PIZZA INC 5,500 $2,478,300 25754A201 COMMON STOCK
IT GARTNER INC 5,700 $2,304,054 366651107 COMMON STOCK
INTU INTUIT INC 2,720 $2,142,353 461202103 COMMON STOCK
CSX CSX CORP 65,000 $2,120,950 126408103 COMMON STOCK
EXP EAGLE MATERIALS INC 9,000 $1,818,990 26969P108 COMMON STOCK
SYY SYSCO CORP 24,000 $1,817,760 871829107 COMMON STOCK
BC BRUNSWICK CORP 29,500 $1,629,580 117043109 COMMON STOCK
CSGP COSTAR GROUP INC 18,600 $1,495,440 22160N109 COMMON STOCK
EL ESTEE LAUDER COMPANIES INC 15,000 $1,212,000 518439104 COMMON STOCK
ICE INTERCONTINENTAL EXCHANGE INC 5,120 $939,366 45866F104 COMMON STOCK
BUD ANHEUSER-BUSCH INBEV-SPN ADR 11,000 $755,920 03524A108 SPONSORED ADR