Thomas Gayner - Markel Group Inc. 13F Activity & Position Changes (Q2 2014)

According to the SEC 13F filed on Oct 30, 2026, the Markel Group Inc. portfolio showed several notable changes in holdings as of quarter-end Jun 30, 2014. 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 2014, the filing reported:

New Buys - CME Group Inc., DNOW Inc., Upbound Group, Inc.

Increases - Accenture plc, Brookfield Asset Management Inc, BlackRock, Inc., Anheuser-Busch Inbev SA Sponsor, BLACKSTONE INC, and 27 more

Reductions - Universal Technical Institute I

Complete Exits - Air Products and Chemicals, Inc, Capital One Financial Corporati, Chevron Corporation, ENI S.p.A., Loews Corporation, and 2 more

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

Showing 30 of 43 transactions.

Date	Symbol	Name	Type	Change Qty	% Change	Value	Remaining
Q2 2014	ACN Accenture plc	Accenture plc	Buy	+6,000	+5.5%	$9.38M	116,000
Q2 2014	APD Air Products and Chemicals, Inc	Air Products and Chemicals, Inc	Sell - Position Exit	-24,000	-100.0%	$0.00	-
Q2 2014	BAM Brookfield Asset Management Inc	Brookfield Asset Management Inc	Buy	+66,000	+2.1%	$143.71M	3,264,548
Q2 2014	BLK BlackRock, Inc.	BlackRock, Inc.	Buy	+15,000	+20.3%	$28.44M	89,000
Q2 2014	BUD Anheuser-Busch Inbev SA Sponsor	Anheuser-Busch Inbev SA Sponsor	Buy	+5,000	+1.2%	$47.70M	415,000
Q2 2014	BXCHF BLACKSTONE INC	BLACKSTONE INC	Buy	+34,000	+10.7%	$11.80M	353,000
Q2 2014	CME CME Group Inc.	CME Group Inc.	Buy - Position Entry	+24,000	-	$1.70M	24,000
Q2 2014	COF Capital One Financial Corporati	Capital One Financial Corporati	Sell - Position Exit	-178,000	-100.0%	$0.00	-
Q2 2014	CPRT Copart, Inc.	Copart, Inc.	Buy	+140,000	+28.6%	$22.66M	630,000
Q2 2014	CULP Culp, Inc.	Culp, Inc.	Buy	+20,227	+202.3%	$526.00K	30,227
Q2 2014	CVS CVS Health Corporation	CVS Health Corporation	Buy	+101,000	+105.2%	$14.85M	197,000
Q2 2014	CVX Chevron Corporation	Chevron Corporation	Sell - Position Exit	-98,000	-100.0%	$0.00	-
Q2 2014	DEO Diageo plc	Diageo plc	Buy	+14,000	+1.2%	$154.76M	1,216,000
Q2 2014	DIS Walt Disney Company (The)	Walt Disney Company (The)	Buy	+15,000	+1.0%	$128.57M	1,499,500
Q2 2014	DNOW DNOW Inc.	DNOW Inc.	Buy - Position Entry	+93,500	-	$3.39M	93,500
Q2 2014	E ENI S.p.A.	ENI S.p.A.	Sell - Position Exit	-167,000	-100.0%	$0.00	-
Q2 2014	ECL Ecolab Inc.	Ecolab Inc.	Buy	+18,000	+25.7%	$9.80M	88,000
Q2 2014	FDS FactSet Research Systems Inc.	FactSet Research Systems Inc.	Buy	+21,000	+25.6%	$12.39M	103,000
Q2 2014	HAS Hasbro, Inc.	Hasbro, Inc.	Buy	+25,000	+11.4%	$12.94M	244,000
Q2 2014	KKR KKR & Co. Inc.	KKR & Co. Inc.	Buy	+35,000	+10.8%	$8.71M	358,000
Q2 2014	L Loews Corporation	Loews Corporation	Sell - Position Exit	-210,000	-100.0%	$0.00	-
Q2 2014	MAR Marriott International	Marriott International	Buy	+3,000	+0.2%	$83.71M	1,305,869
Q2 2014	MAT Mattel, Inc.	Mattel, Inc.	Buy	+28,000	+12.6%	$9.78M	251,000
Q2 2014	MCO Moody's Corporation	Moody's Corporation	Buy	+20,000	+9.7%	$19.90M	227,000
Q2 2014	MMC Marsh & McLennan Companies, Inc	Marsh & McLennan Companies, Inc	Buy	+129,000	+1075.0%	$7.31M	141,000
Q2 2014	MOS Mosaic Company (The)	Mosaic Company (The)	Sell - Position Exit	-155,000	-100.0%	$0.00	-
Q2 2014	MSCI MSCI Inc.	MSCI Inc.	Buy	+25,000	+75.8%	$2.66M	58,000
Q2 2014	NKE Nike, Inc.	Nike, Inc.	Buy	+11,000	+9.2%	$10.16M	131,000
Q2 2014	NOVEUR NATIONAL OILWELL VARCO INC	NATIONAL OILWELL VARCO INC	Buy	+81,000	+26.0%	$32.36M	393,000
Q2 2014	ORCL Oracle Corporation	Oracle Corporation	Buy	+6,000	+0.9%	$25.86M	638,000