Thomas Gayner - Markel Group Inc. 13F Activity & Position Changes (Q4 2025)
According to the SEC 13F filed on Feb 06, 2026, the Markel Group Inc. portfolio showed several notable changes in holdings as of quarter-end Dec 31, 2025. 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 2025, the filing reported:
New Buys - Brown & Brown, Inc.
Increases - Airbnb, Inc., Applied Materials, Inc., Aon Plc, Air Products and Chemicals, Inc, American Express Company, and 37 more
Complete Exits - Adobe Inc., FedEx 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 48 transactions.
| Date | Symbol | Type | Change Qty |
|---|---|---|---|
|
Q4 2025
|
ABNB
Airbnb, Inc.
|
Buy |
+13,156
|
|
Q4 2025
|
ADBE
Adobe Inc.
|
Sell - Position Exit |
-14,000
|
|
Q4 2025
|
ADI
Analog Devices, Inc.
|
Sell |
-144,426
|
|
Q4 2025
|
AMAT
Applied Materials, Inc.
|
Buy |
+7,850
|
|
Q4 2025
|
AON
Aon Plc
|
Buy |
+4,250
|
|
Q4 2025
|
APD
Air Products and Chemicals, Inc
|
Buy |
+6,500
|
|
Q4 2025
|
AXP
American Express Company
|
Buy |
+4,250
|
|
Q4 2025
|
BC
Brunswick Corporation
|
Buy |
+14,250
|
|
Q4 2025
|
BN
Brookfield Corporation
|
Buy |
+4,357,868
|
|
Q4 2025
|
BRO
Brown & Brown, Inc.
|
Buy - Position Entry |
+11,000
|
|
Q4 2025
|
CBOE
Cboe Global Markets, Inc.
|
Buy |
+13,250
|
|
Q4 2025
|
CCK
Crown Holdings, Inc.
|
Buy |
+22,500
|
|
Q4 2025
|
CME
CME Group Inc.
|
Buy |
+13,750
|
|
Q4 2025
|
CNI
Canadian National Railway Compa
|
Buy |
+19,500
|
|
Q4 2025
|
CP
Canadian Pacific Kansas City Li
|
Buy |
+19,500
|
|
Q4 2025
|
CSX
CSX Corporation
|
Buy |
+155,000
|
|
Q4 2025
|
DEO
Diageo plc
|
Buy |
+5,000
|
|
Q4 2025
|
FDS
FactSet Research Systems Inc.
|
Buy |
+5,153
|
|
Q4 2025
|
FDX
FedEx Corporation
|
Sell - Position Exit |
-213,000
|
|
Q4 2025
|
FERG
Ferguson Enterprises Inc.
|
Buy |
+16,500
|
|
Q4 2025
|
FNV
Franco-Nevada Corporation
|
Buy |
+78,000
|
|
Q4 2025
|
HCA
HCA Healthcare, Inc.
|
Buy |
+5,467
|
|
Q4 2025
|
HII
Huntington Ingalls Industries,
|
Buy |
+5,000
|
|
Q4 2025
|
HSY
The Hershey Company
|
Buy |
+13,000
|
|
Q4 2025
|
ICE
Intercontinental Exchange Inc.
|
Buy |
+15,250
|
|
Q4 2025
|
LAMR
Lamar Advertising Company
|
Buy |
+15,000
|
|
Q4 2025
|
LIN
Linde plc
|
Buy |
+7,250
|
|
Q4 2025
|
LMT
Lockheed Martin Corporation
|
Buy |
+2,250
|
|
Q4 2025
|
LOW
Lowe's Companies, Inc.
|
Buy |
+7,750
|
|
Q4 2025
|
LPLA
LPL Financial Holdings Inc.
|
Buy |
+6,630
|