Thomas Gayner - Markel Group Inc. 13F Activity & Position Changes (Q4 2024)

According to the SEC 13F filed on Feb 07, 2025, the Markel Group Inc. portfolio showed several notable changes in holdings as of quarter-end Dec 31, 2024. 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 2024, the filing reported:

New Buys - Acuity Brands, Inc., CME Group Inc., Huntington Ingalls Industries, , MGM Resorts International, RTX Corporation

Increases - Airbnb, Inc., Archer-Daniels-Midland Company, Aon Plc, Air Products and Chemicals, Inc, Brunswick Corporation, and 39 more

Reductions - Cable One, Inc., Comcast Corporation

Complete Exits - American Tower Corporation (REI, Dun & Bradstreet Holdings, Inc., Solventum Corporation, Whirlpool Corporation

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

Showing 30 of 55 transactions.

Date	Symbol	Name	Type	Change Qty	% Change	Value	Remaining
Q4 2024	ABNB Airbnb, Inc.	Airbnb, Inc.	Buy	+96,160	+502.1%	$15.15M	115,310
Q4 2024	ADM Archer-Daniels-Midland Company	Archer-Daniels-Midland Company	Buy	+11,000	+0.8%	$74.48M	1,474,300
Q4 2024	AMT American Tower Corporation (REI	American Tower Corporation (REI	Sell - Position Exit	-51,910	-100.0%	$0.00	-
Q4 2024	AON Aon Plc	Aon Plc	Buy	+6,050	+5.0%	$45.33M	126,200
Q4 2024	APD Air Products and Chemicals, Inc	Air Products and Chemicals, Inc	Buy	+12,500	+24.0%	$18.71M	64,500
Q4 2024	AYI Acuity Brands, Inc.	Acuity Brands, Inc.	Buy - Position Entry	+3,000	-	$876.39K	3,000
Q4 2024	BC Brunswick Corporation	Brunswick Corporation	Buy	+1,000	+7.1%	$970.20K	15,000
Q4 2024	CABO Cable One, Inc.	Cable One, Inc.	Sell	-9,150	-15.2%	$18.43M	50,900
Q4 2024	CAT Caterpillar, Inc.	Caterpillar, Inc.	Buy	+6,050	+1.9%	$117.82M	324,800
Q4 2024	CE Celanese Corporation	Celanese Corporation	Buy	+3,500	+4.5%	$5.63M	81,300
Q4 2024	CMCSA Comcast Corporation	Comcast Corporation	Sell	-119,361	-11.0%	$36.10M	961,880
Q4 2024	CME CME Group Inc.	CME Group Inc.	Buy - Position Entry	+3,000	-	$696.69K	3,000
Q4 2024	DE Deere & Company	Deere & Company	Buy	+5,850	+0.7%	$370.72M	874,950
Q4 2024	DG Dollar General Corporation	Dollar General Corporation	Buy	+93,500	+12.6%	$63.37M	835,750
Q4 2024	DNB Dun & Bradstreet Holdings, Inc.	Dun & Bradstreet Holdings, Inc.	Sell - Position Exit	-115,000	-100.0%	$0.00	-
Q4 2024	DPZ Domino's Pizza Inc	Domino's Pizza Inc	Buy	+1,000	+22.2%	$2.31M	5,500
Q4 2024	EL Estee Lauder Companies, Inc. (T	Estee Lauder Companies, Inc. (T	Buy	+1,000	+7.1%	$1.12M	15,000
Q4 2024	FDX FedEx Corporation	FedEx Corporation	Buy	+11,500	+5.9%	$58.09M	206,500
Q4 2024	FERG Ferguson Enterprises Inc.	Ferguson Enterprises Inc.	Buy	+21,500	+25.4%	$18.40M	106,000
Q4 2024	FNV Franco-Nevada Corporation	Franco-Nevada Corporation	Buy	+137,750	+39.9%	$56.83M	483,250
Q4 2024	GPK Graphic Packaging Holding Compa	Graphic Packaging Holding Compa	Buy	+32,500	+8.2%	$11.60M	427,225
Q4 2024	HCA HCA Healthcare, Inc.	HCA Healthcare, Inc.	Buy	+5,650	+11.1%	$16.98M	56,580
Q4 2024	HGTY Hagerty, Inc.	Hagerty, Inc.	Buy	+108,000	+3.6%	$29.99M	3,108,000
Q4 2024	HII Huntington Ingalls Industries,	Huntington Ingalls Industries,	Buy - Position Entry	+4,000	-	$755.88K	4,000
Q4 2024	HSY The Hershey Company	The Hershey Company	Buy	+9,000	+25.0%	$7.62M	45,000
Q4 2024	LAMR Lamar Advertising Company	Lamar Advertising Company	Buy	+13,000	+11.7%	$15.10M	124,000
Q4 2024	LIN Linde plc	Linde plc	Buy	+13,000	+8.4%	$70.34M	168,000
Q4 2024	LOW Lowe's Companies, Inc.	Lowe's Companies, Inc.	Buy	+11,000	+1.6%	$173.13M	701,480
Q4 2024	LPLA LPL Financial Holdings Inc.	LPL Financial Holdings Inc.	Buy	+12,000	+2.3%	$173.84M	532,404
Q4 2024	MAR Marriott International	Marriott International	Buy	+11,000	+30.6%	$13.11M	47,000