Thomas Gayner - Markel Group Inc. 13F Activity & Position Changes (Q4 2013)

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 Dec 31, 2013. 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 Q4 2013, the filing reported:

New Buys - Graham Holdings Company, MSCI Inc., Rollins, Inc., Target Corporation, Unilever PLC, and 1 more

Increases - Amazon.com, Inc., Brookfield Asset Management Inc, BlackRock, Inc., BLACKSTONE INC, Copart, Inc., and 23 more

Reductions - Accenture plc, Automatic Data Processing, Inc., American Express Company, The Bank of New York Mellon Cor, Berkshire Hathaway Inc. New, and 26 more

Complete Exits - CARBO CERAMICS INC

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

Showing 30 of 66 transactions.

Date	Symbol	Name	Type	Change Qty	% Change	Value	Remaining
Q4 2013	ACN Accenture plc	Accenture plc	Sell	-200	-0.2%	$9.41M	114,400
Q4 2013	ADP Automatic Data Processing, Inc.	Automatic Data Processing, Inc.	Sell	-400	-0.1%	$42.99M	532,100
Q4 2013	AMZN Amazon.com, Inc.	Amazon.com, Inc.	Buy	+800	+5.4%	$6.26M	15,700
Q4 2013	AXP American Express Company	American Express Company	Sell	-1,737	-0.5%	$31.98M	352,500
Q4 2013	BAM Brookfield Asset Management Inc	Brookfield Asset Management Inc	Buy	+52,037	+1.6%	$124.94M	3,217,573
Q4 2013	BK The Bank of New York Mellon Cor	The Bank of New York Mellon Cor	Sell	-150,000	-57.3%	$3.90M	111,603
Q4 2013	BLK BlackRock, Inc.	BlackRock, Inc.	Buy	+26,100	+78.4%	$18.80M	59,400
Q4 2013	BRK-B Berkshire Hathaway Inc. New	Berkshire Hathaway Inc. New	Sell	-4,100	-0.3%	$181.07M	1,527,257
Q4 2013	BUD Anheuser-Busch Inbev SA Sponsor	Anheuser-Busch Inbev SA Sponsor	Sell	-803	-0.2%	$43.82M	411,600
Q4 2013	BXCHF BLACKSTONE INC	BLACKSTONE INC	Buy	+61,000	+26.1%	$9.27M	294,400
Q4 2013	CAT Caterpillar, Inc.	Caterpillar, Inc.	Sell	-200	-0.1%	$21.98M	242,000
Q4 2013	COST Costco Wholesale Corporation	Costco Wholesale Corporation	Sell	-400	-1.0%	$4.68M	39,300
Q4 2013	CPRT Copart, Inc.	Copart, Inc.	Buy	+270,000	+2700.0%	$10.26M	280,000
Q4 2013	CRREUR CARBO CERAMICS INC	CARBO CERAMICS INC	Sell - Position Exit	-236,000	-100.0%	$0.00	-
Q4 2013	CVX Chevron Corporation	Chevron Corporation	Buy	+19,000	+25.0%	$11.87M	95,000
Q4 2013	DEO Diageo plc	Diageo plc	Sell	-1,705	-0.1%	$160.34M	1,210,820
Q4 2013	DIS Walt Disney Company (The)	Walt Disney Company (The)	Sell	-3,235	-0.2%	$115.25M	1,508,500
Q4 2013	E ENI S.p.A.	ENI S.p.A.	Buy	+29,000	+21.0%	$8.10M	167,000
Q4 2013	ECL Ecolab Inc.	Ecolab Inc.	Buy	+8,000	+16.5%	$5.88M	56,400
Q4 2013	EMR Emerson Electric Company	Emerson Electric Company	Sell	-200	-0.1%	$11.43M	162,900
Q4 2013	EXPD Expeditors International of Was	Expeditors International of Was	Buy	+4,000	+3.0%	$6.06M	137,000
Q4 2013	FDS FactSet Research Systems Inc.	FactSet Research Systems Inc.	Buy	+19,000	+51.4%	$6.08M	56,000
Q4 2013	FHI Federated Hermes, Inc.	Federated Hermes, Inc.	Sell	-300	-0.0%	$62.08M	2,155,700
Q4 2013	GD General Dynamics Corporation	General Dynamics Corporation	Sell	-961	-0.2%	$38.07M	398,400
Q4 2013	GHC Graham Holdings Company	Graham Holdings Company	Buy - Position Entry	+5,300	-	$3.52M	5,300
Q4 2013	HAS Hasbro, Inc.	Hasbro, Inc.	Buy	+28,000	+14.7%	$12.04M	218,800
Q4 2013	HD Home Depot, Inc. (The)	Home Depot, Inc. (The)	Sell	-3,150	-0.3%	$77.06M	935,900
Q4 2013	IBM International Business Machines	International Business Machines	Buy	+4,100	+20.4%	$4.54M	24,200
Q4 2013	INTC Intel Corporation	Intel Corporation	Buy	+139,300	+16.2%	$25.92M	998,700
Q4 2013	ITIC Investors Title Company	Investors Title Company	Sell	-250	-0.1%	$17.50M	216,100