Thomas Gayner - Markel Group Inc. 13F Activity & Position Changes (Q2 2026)

According to the SEC 13F filed on Jul 31, 2026, the Markel Group Inc. portfolio showed several notable changes in holdings as of quarter-end Jun 30, 2026. The activity included new positions, additions to existing holdings, reductions, and complete exits, providing a clear view of how the portfolio evolved during the quarter.

During Q2 2026, the filing reported:

New Buys - Netflix, Inc., UFP Industries, Inc., Zoetis Inc.

Increases - Air Products and Chemicals, Inc, Canadian Pacific Kansas City Li, CSX Corporation, Enterprise Products Partners L., Ferguson Enterprises Inc., and 19 more

Reductions - Analog Devices, Inc., Comcast Corporation, Meta Platforms, Inc.

Complete Exits - Scotts Miracle-Gro Company (The, UnitedHealth Group Incorporated

These updates highlight how the portfolio adjusted across different sectors and market conditions, offering insights into allocation shifts and investment trends.

Showing 30 of 84 transactions.

Date	Symbol	Name	Type	Change Qty	% Change	Value	Remaining
Q2 2026	ADI Analog Devices, Inc.	Analog Devices, Inc.	Sell	-23,574	-2.3%	$397.04M	999,671
Q2 2026	APD Air Products and Chemicals, Inc	Air Products and Chemicals, Inc	Buy	+13,000	+17.2%	$25.95M	88,500
Q2 2026	CMCSA Comcast Corporation	Comcast Corporation	Sell	-159,806	-16.6%	$19.69M	802,074
Q2 2026	CP Canadian Pacific Kansas City Li	Canadian Pacific Kansas City Li	Buy	+13,500	+22.7%	$6.33M	73,000
Q2 2026	CSX CSX Corporation	CSX Corporation	Buy	+54,500	+10.3%	$27.78M	584,500
Q2 2026	EPD Enterprise Products Partners L.	Enterprise Products Partners L.	Buy	+367,000	+181.7%	$20.92M	569,000
Q2 2026	FERG Ferguson Enterprises Inc.	Ferguson Enterprises Inc.	Buy	+9,500	+5.6%	$42.77M	180,200
Q2 2026	FNV Franco-Nevada Corporation	Franco-Nevada Corporation	Buy	+65,000	+9.2%	$161.23M	773,500
Q2 2026	HCA HCA Healthcare, Inc.	HCA Healthcare, Inc.	Buy	+1,936	+2.3%	$32.89M	84,366
Q2 2026	HD Home Depot, Inc. (The)	Home Depot, Inc. (The)	Buy	+2,500	+0.3%	$325.35M	922,500
Q2 2026	LIN Linde plc	Linde plc	Buy	+11,000	+5.4%	$111.88M	215,600
Q2 2026	LOW Lowe's Companies, Inc.	Lowe's Companies, Inc.	Buy	+13,500	+1.8%	$165.80M	751,980
Q2 2026	MAR Marriott International	Marriott International	Buy	+5,750	+6.1%	$36.87M	99,500
Q2 2026	MELI MercadoLibre, Inc.	MercadoLibre, Inc.	Buy	+18,550	+340.4%	$40.74M	24,000
Q2 2026	META Meta Platforms, Inc.	Meta Platforms, Inc.	Sell	-14,140	-5.7%	$131.90M	234,163
Q2 2026	NFLX Netflix, Inc.	Netflix, Inc.	Buy - Position Entry	+40,000	-	$2.86M	40,000
Q2 2026	NVR NVR, Inc.	NVR, Inc.	Buy	+10	+0.1%	$82.42M	12,097
Q2 2026	OTIS Otis Worldwide Corporation	Otis Worldwide Corporation	Buy	+19,000	+16.6%	$9.57M	133,620
Q2 2026	ROL Rollins, Inc.	Rollins, Inc.	Buy	+18,500	+1.2%	$63.30M	1,516,525
Q2 2026	SCHW Charles Schwab Corporation (The	Charles Schwab Corporation (The	Buy	+11,000	+0.8%	$128.70M	1,394,800
Q2 2026	SMG Scotts Miracle-Gro Company (The	Scotts Miracle-Gro Company (The	Sell - Position Exit	-168,000	-100.0%	$0.00	-
Q2 2026	SUNB Sunbelt Rentals Holdings, Inc.	Sunbelt Rentals Holdings, Inc.	Buy	+11,000	+1.1%	$72.89M	974,361
Q2 2026	TMO Thermo Fisher Scientific Inc	Thermo Fisher Scientific Inc	Buy	+6,000	+8.9%	$36.65M	73,100
Q2 2026	TSN Tyson Foods, Inc.	Tyson Foods, Inc.	Buy	+24,000	+2.7%	$52.30M	913,500
Q2 2026	UFPI UFP Industries, Inc.	UFP Industries, Inc.	Buy - Position Entry	+4,000	-	$362.96K	4,000
Q2 2026	UNH UnitedHealth Group Incorporated	UnitedHealth Group Incorporated	Sell - Position Exit	-18,700	-100.0%	$0.00	-
Q2 2026	UNP Union Pacific Corporation	Union Pacific Corporation	Buy	+10,750	+7.2%	$43.80M	161,028
Q2 2026	V Visa Inc.	Visa Inc.	Buy	+9,581	+1.0%	$347.86M	1,013,912
Q2 2026	WSO Watsco, Inc.	Watsco, Inc.	Buy	+15,581	+2.7%	$249.10M	597,750
Q2 2026	WY Weyerhaeuser Company	Weyerhaeuser Company	Buy	+102,500	+585.7%	$2.87M	120,000