13F HOLDINGS REPORT
MARKEL CORP
Quarter ended Q2 2025 · Filed August 1, 2025 · Accession 0001096343-25-000124
Total Value
$11.83B
Positions
218
Other Managers
1
Confidential Omitted
No
Holdings (218)
| # | Issuer | Ticker / CUSIP | Shares | Value | % of Filing |
|---|---|---|---|---|---|
| 1 | BERKSHIRE HATHAWAY INC DEL | BRK-A | 1,104,460 | $536.5M | 4.54% |
| 2 | DEERE & CO | DE | 877,900 | $446.4M | 3.77% |
| 3 | ALPHABET INC | GOOG | 2,452,630 | $435.1M | 3.68% |
| 4 | BERKSHIRE HATHAWAY INC DEL | BRK-A | 590 | $430.0M | 3.64% |
| 5 | AMAZON COM INC | AMZN | 1,882,328 | $413.0M | 3.49% |
| 6 | BERKSHIRE HATHAWAY INC DEL | BRK-A | 524 | $381.9M | 3.23% |
| 7 | BROOKFIELD CORP | 11271J107 | 5,543,603 | $342.9M | 2.90% |
| 8 | VISA INC | V | 923,135 | $327.8M | 2.77% |
| 9 | ANALOG DEVICES INC | ADI | 1,156,671 | $275.3M | 2.33% |
| 10 | MICROSOFT CORP | MSFT | 503,861 | $250.6M | 2.12% |
| 11 | APPLE INC | AAPL | 1,179,090 | $241.9M | 2.05% |
| 12 | GOLDMAN SACHS GROUP INC | GSCE | 335,710 | $237.6M | 2.01% |
| 13 | HOME DEPOT INC | HD | 643,094 | $235.8M | 1.99% |
| 14 | WATSCO INC | WSO-B | 523,569 | $231.2M | 1.95% |
| 15 | BLACKROCK INC | BLK | 208,200 | $218.5M | 1.85% |
| 16 | BERKSHIRE HATHAWAY INC DEL | BRK-A | 427,511 | $207.7M | 1.76% |
| 17 | LPL FINL HLDGS INC | 50212V100 | 542,315 | $203.4M | 1.72% |
| 18 | BROOKFIELD CORP | 11271J107 | 3,172,138 | $196.2M | 1.66% |
| 19 | DISNEY WALT CO | 254687106 | 1,577,428 | $195.6M | 1.65% |
| 20 | META PLATFORMS INC | META | 258,671 | $190.9M | 1.61% |
| 21 | KKR & CO INC | KKRT | 1,433,800 | $190.7M | 1.61% |
| 22 | PROGRESSIVE CORP | 743315103 | 693,750 | $185.1M | 1.57% |
| 23 | BLACKSTONE INC | BX | 1,194,500 | $178.7M | 1.51% |
| 24 | RLI CORP | RLI | 2,394,544 | $172.9M | 1.46% |
| 25 | MARSH & MCLENNAN COS INC | 571748102 | 728,250 | $159.2M | 1.35% |
| 26 | AMERICAN EXPRESS CO | AXP | 474,250 | $151.3M | 1.28% |
| 27 | TEXAS INSTRS INC | 882508104 | 723,999 | $150.3M | 1.27% |
| 28 | LOWES COS INC | 548661107 | 655,482 | $145.4M | 1.23% |
| 29 | APOLLO GLOBAL MGMT INC | 03769M106 | 990,000 | $140.5M | 1.19% |
| 30 | CATERPILLAR INC | CAT | 318,649 | $123.7M | 1.05% |
| 31 | NOVO-NORDISK A S | NONOF | 1,686,748 | $116.4M | 0.98% |
| 32 | SCHWAB CHARLES CORP | SCHW-PJ | 1,235,800 | $112.8M | 0.95% |
| 33 | DIAGEO PLC | DGEAF | 1,075,894 | $108.5M | 0.92% |
| 34 | MASTERCARD INCORPORATED | MA | 187,556 | $105.4M | 0.89% |
| 35 | HOME DEPOT INC | HD | 276,906 | $101.5M | 0.86% |
| 36 | GENERAL DYNAMICS CORP | GD | 347,000 | $101.2M | 0.86% |
| 37 | DOLLAR GEN CORP NEW | 256677105 | 865,750 | $99.0M | 0.84% |
| 38 | MOODYS CORP | MCO | 192,794 | $96.7M | 0.82% |
| 39 | HEICO CORP NEW | HEI-A | 367,442 | $95.1M | 0.80% |
| 40 | FRANCO NEV CORP | FNV | 569,500 | $93.4M | 0.79% |
| 41 | JOHNSON & JOHNSON | JNJ | 584,085 | $89.2M | 0.75% |
| 42 | ALPHABET INC | GOOG | 500,000 | $88.1M | 0.74% |
| 43 | NVR INC | NVR | 11,722 | $86.6M | 0.73% |
| 44 | LINDE PLC | LIN | 179,200 | $84.1M | 0.71% |
| 45 | MSCI INC | MSCI | 141,850 | $81.8M | 0.69% |
| 46 | ROLLINS INC | ROL | 1,406,800 | $79.4M | 0.67% |
| 47 | S&P GLOBAL INC | SPGI | 149,690 | $78.9M | 0.67% |
| 48 | ILLINOIS TOOL WKS INC | 452308109 | 310,649 | $76.8M | 0.65% |
| 49 | ARCHER DANIELS MIDLAND CO | ADM | 1,403,073 | $74.1M | 0.63% |
| 50 | JPMORGAN CHASE & CO. | VYLD | 252,550 | $73.2M | 0.62% |
| 51 | BROOKFIELD ASSET MANAGMT LTD | 113004105 | 1,238,500 | $68.5M | 0.58% |
| 52 | ECOLAB INC | ECL | 251,300 | $67.7M | 0.57% |
| 53 | CARLYLE GROUP INC | CGABL | 1,282,500 | $65.9M | 0.56% |
| 54 | DISNEY WALT CO | 254687106 | 454,237 | $56.3M | 0.48% |
| 55 | OLD DOMINION FREIGHT LINE IN | ODFL | 336,450 | $54.6M | 0.46% |
| 56 | STARBUCKS CORP | SBUX | 583,318 | $53.4M | 0.45% |
| 57 | NORFOLK SOUTHN CORP | 655844108 | 207,500 | $53.1M | 0.45% |
| 58 | BROOKFIELD ASSET MANAGMT LTD | 113004105 | 955,453 | $52.8M | 0.45% |
| 59 | ALPHABET INC | GOOG | 297,230 | $52.7M | 0.45% |
| 60 | ROCKWELL AUTOMATION INC | ROK | 147,000 | $48.8M | 0.41% |
| 61 | VERISK ANALYTICS INC | VRSK | 153,450 | $47.8M | 0.40% |
| 62 | ACCENTURE PLC IRELAND | ACN | 159,399 | $47.6M | 0.40% |
| 63 | FEDEX CORP | FDX | 209,000 | $47.5M | 0.40% |
| 64 | HANOVER INS GROUP INC | 410867105 | 275,000 | $46.7M | 0.39% |
| 65 | AON PLC | AON | 128,300 | $45.8M | 0.39% |
| 66 | TYSON FOODS INC | TSN | 806,000 | $45.1M | 0.38% |
| 67 | INVESTORS TITLE CO NC | ITIC | 213,300 | $45.1M | 0.38% |
| 68 | FACTSET RESH SYS INC | 303075105 | 93,720 | $41.9M | 0.35% |
| 69 | NOVO-NORDISK A S | NONOF | 571,840 | $39.5M | 0.33% |
| 70 | COSTCO WHSL CORP NEW | 22160K105 | 39,150 | $38.8M | 0.33% |
| 71 | YUM BRANDS INC | YUM | 226,451 | $33.6M | 0.28% |
| 72 | AMAZON COM INC | AMZN | 148,432 | $32.6M | 0.28% |
| 73 | SHERWIN WILLIAMS CO | SHW | 94,172 | $32.3M | 0.27% |
| 74 | HAGERTY INC | HGTY | 3,108,000 | $31.4M | 0.27% |
| 75 | ALLSTATE CORP | ALL-PJ | 154,550 | $31.1M | 0.26% |
| 76 | COMCAST CORP NEW | CCZ | 828,780 | $29.6M | 0.25% |
| 77 | DIAGEO PLC | DGEAF | 290,814 | $29.3M | 0.25% |
| 78 | FERGUSON ENTERPRISES INC | FERG | 134,500 | $29.3M | 0.25% |
| 79 | LOCKHEED MARTIN CORP | LMT | 62,263 | $28.8M | 0.24% |
| 80 | NIKE INC | NKE | 401,400 | $28.5M | 0.24% |
| 81 | AIRBNB INC | ABNB | 212,003 | $28.1M | 0.24% |
| 82 | PRICE T ROWE GROUP INC | TROW | 282,000 | $27.2M | 0.23% |
| 83 | VISA INC | V | 76,150 | $27.0M | 0.23% |
| 84 | HCA HEALTHCARE INC | HCA | 68,963 | $26.4M | 0.22% |
| 85 | RTX CORPORATION | RTX | 169,400 | $24.7M | 0.21% |
| 86 | UNITED RENTALS INC | URI | 31,150 | $23.5M | 0.20% |
| 87 | PHILIP MORRIS INTL INC | 718172109 | 114,500 | $20.9M | 0.18% |
| 88 | THERMO FISHER SCIENTIFIC INC | TMO | 49,550 | $20.1M | 0.17% |
| 89 | SPOTIFY TECHNOLOGY S A | SPOT | 25,900 | $19.9M | 0.17% |
| 90 | UNION PAC CORP | UNP | 86,178 | $19.8M | 0.17% |
| 91 | CROWN HLDGS INC | CCK | 186,500 | $19.2M | 0.16% |
| 92 | LAMAR ADVERTISING CO NEW | LAMR | 158,000 | $19.2M | 0.16% |
| 93 | EQUIFAX INC | EFX | 72,850 | $18.9M | 0.16% |
| 94 | BROWN FORMAN CORP | BF-B | 678,400 | $18.6M | 0.16% |
| 95 | WATSCO INC | WSO-B | 41,600 | $18.4M | 0.16% |
| 96 | AIR PRODS & CHEMS INC | AIIR | 65,000 | $18.3M | 0.16% |
| 97 | CAPITAL ONE FINL CORP | 14040H105 | 83,500 | $17.8M | 0.15% |
| 98 | GOLDMAN SACHS GROUP INC | GSCE | 23,650 | $16.7M | 0.14% |
| 99 | MARRIOTT INTL INC NEW | 571903202 | 60,250 | $16.5M | 0.14% |
| 100 | RENAISSANCERE HLDGS LTD | RNR-PG | 67,000 | $16.3M | 0.14% |
| 101 | PROGRESSIVE CORP | 743315103 | 60,000 | $16.0M | 0.14% |
| 102 | META PLATFORMS INC | META | 21,610 | $16.0M | 0.13% |
| 103 | CHOICE HOTELS INTL INC | 169905106 | 115,500 | $14.7M | 0.12% |
| 104 | CISCO SYS INC | CSCO | 201,500 | $14.0M | 0.12% |
| 105 | WELLS FARGO CO NEW | 949746101 | 172,450 | $13.8M | 0.12% |
| 106 | LOWES COS INC | 548661107 | 61,748 | $13.7M | 0.12% |
| 107 | CARRIER GLOBAL CORPORATION | CARR | 180,400 | $13.2M | 0.11% |
| 108 | GENERAL DYNAMICS CORP | GD | 44,000 | $12.8M | 0.11% |
| 109 | PEPSICO INC | PEP | 96,210 | $12.7M | 0.11% |
| 110 | ALPHABET INC | GOOG | 72,000 | $12.7M | 0.11% |
| 111 | BLACKROCK INC | BLK | 12,000 | $12.6M | 0.11% |
| 112 | TARGET CORP | TGT | 125,500 | $12.4M | 0.10% |
| 113 | SHOPIFY INC | SHOP | 102,750 | $11.9M | 0.10% |
| 114 | SCHWAB CHARLES CORP | SCHW-PJ | 129,000 | $11.8M | 0.10% |
| 115 | MICROSOFT CORP | MSFT | 23,619 | $11.7M | 0.10% |
| 116 | PAYCHEX INC | PAYX | 80,000 | $11.6M | 0.10% |
| 117 | UBER TECHNOLOGIES INC | UBER | 123,500 | $11.5M | 0.10% |
| 118 | 3M CO | MMM | 74,000 | $11.3M | 0.10% |
| 119 | MASTERCARD INCORPORATED | MA | 19,984 | $11.2M | 0.09% |
| 120 | BANK NEW YORK MELLON CORP | 064058100 | 121,500 | $11.1M | 0.09% |
| 121 | MOODYS CORP | MCO | 21,096 | $10.6M | 0.09% |
| 122 | SCOTTS MIRACLE-GRO CO | SMG | 159,000 | $10.5M | 0.09% |
| 123 | FACTSET RESH SYS INC | 303075105 | 23,000 | $10.3M | 0.09% |
| 124 | CISCO SYS INC | CSCO | 148,000 | $10.3M | 0.09% |
| 125 | SEI INVTS CO | 784117103 | 114,200 | $10.3M | 0.09% |
| 126 | PAYCHEX INC | PAYX | 70,000 | $10.2M | 0.09% |
| 127 | APPLE INC | AAPL | 48,200 | $9.9M | 0.08% |
| 128 | HERSHEY CO | HSY | 54,500 | $9.0M | 0.08% |
| 129 | ARCHER DANIELS MIDLAND CO | ADM | 170,727 | $9.0M | 0.08% |
| 130 | BROWN FORMAN CORP | BF-B | 328,787 | $8.8M | 0.07% |
| 131 | SONY GROUP CORP | SNEJF | 335,000 | $8.7M | 0.07% |
| 132 | CARMAX INC | KMX | 129,500 | $8.7M | 0.07% |
| 133 | OTIS WORLDWIDE CORP | OTIS | 87,320 | $8.6M | 0.07% |
| 134 | TRANSUNION | TRU | 98,050 | $8.6M | 0.07% |
| 135 | HEXCEL CORP NEW | 428291108 | 151,000 | $8.5M | 0.07% |
| 136 | UNITEDHEALTH GROUP INC | UNH | 26,500 | $8.3M | 0.07% |
| 137 | RTX CORPORATION | RTX | 54,600 | $8.0M | 0.07% |
| 138 | INSPERITY INC | NSP | 131,728 | $7.9M | 0.07% |
| 139 | IQVIA HLDGS INC | IQV | 49,642 | $7.8M | 0.07% |
| 140 | NORFOLK SOUTHN CORP | 655844108 | 29,000 | $7.4M | 0.06% |
| 141 | O-I GLASS INC | OI | 473,600 | $7.0M | 0.06% |
| 142 | COMFORT SYS USA INC | 199908104 | 13,000 | $7.0M | 0.06% |
| 143 | 3M CO | MMM | 44,250 | $6.7M | 0.06% |
| 144 | CME GROUP INC | CME | 22,500 | $6.2M | 0.05% |
| 145 | ECOLAB INC | ECL | 23,000 | $6.2M | 0.05% |
| 146 | ADOBE INC | ADBE | 14,000 | $5.4M | 0.05% |
| 147 | SEI INVTS CO | 784117103 | 59,000 | $5.3M | 0.04% |
| 148 | EASTMAN CHEM CO | EMN | 70,950 | $5.3M | 0.04% |
| 149 | BLACKSTONE INC | BX | 34,500 | $5.2M | 0.04% |
| 150 | HUNTINGTON INGALLS INDS INC | 446413106 | 20,500 | $4.9M | 0.04% |
| 151 | GRAHAM HLDGS CO | GHM | 5,200 | $4.9M | 0.04% |
| 152 | COMCAST CORP NEW | CCZ | 133,100 | $4.8M | 0.04% |
| 153 | BROWN FORMAN CORP | BF-B | 164,600 | $4.5M | 0.04% |
| 154 | MARSH & MCLENNAN COS INC | 571748102 | 20,500 | $4.5M | 0.04% |
| 155 | BERKLEY W R CORP | WRB-PH | 60,750 | $4.5M | 0.04% |
| 156 | CBOE GLOBAL MKTS INC | 12503M108 | 19,000 | $4.4M | 0.04% |
| 157 | ILLINOIS TOOL WKS INC | 452308109 | 16,851 | $4.2M | 0.04% |
| 158 | CELANESE CORP DEL | CE | 75,300 | $4.2M | 0.04% |
| 159 | JOHNSON & JOHNSON | JNJ | 26,715 | $4.1M | 0.03% |
| 160 | CARRIER GLOBAL CORPORATION | CARR | 54,600 | $4.0M | 0.03% |
| 161 | BROWN FORMAN CORP | BF-B | 145,400 | $3.9M | 0.03% |
| 162 | CATERPILLAR INC | CAT | 10,001 | $3.9M | 0.03% |
| 163 | STARBUCKS CORP | SBUX | 40,500 | $3.7M | 0.03% |
| 164 | GRAPHIC PACKAGING HLDG CO | GPK | 174,000 | $3.7M | 0.03% |
| 165 | ROLLINS INC | ROL | 62,475 | $3.5M | 0.03% |
| 166 | LINDE PLC | LIN | 7,400 | $3.5M | 0.03% |
| 167 | NIKE INC | NKE | 46,000 | $3.3M | 0.03% |
| 168 | APOLLO GLOBAL MGMT INC | 03769M106 | 22,500 | $3.2M | 0.03% |
| 169 | AMERICAN EXPRESS CO | AXP | 10,000 | $3.2M | 0.03% |
| 170 | HEICO CORP NEW | HEI-A | 12,202 | $3.2M | 0.03% |
| 171 | PRICE T ROWE GROUP INC | TROW | 32,000 | $3.1M | 0.03% |
| 172 | APPLIED MATLS INC | 038222105 | 16,500 | $3.0M | 0.03% |
| 173 | MGM RESORTS INTERNATIONAL | MGM | 87,500 | $3.0M | 0.03% |
| 174 | ACUITY INC | AYI | 9,750 | $2.9M | 0.02% |
| 175 | BALL CORP | BALL | 51,000 | $2.9M | 0.02% |
| 176 | OTIS WORLDWIDE CORP | OTIS | 27,300 | $2.7M | 0.02% |
| 177 | WILLIS TOWERS WATSON PLC LTD | WTW | 8,627 | $2.6M | 0.02% |
| 178 | ROCKWELL AUTOMATION INC | ROK | 7,900 | $2.6M | 0.02% |
| 179 | ANALOG DEVICES INC | ADI | 11,000 | $2.6M | 0.02% |
| 180 | WELLS FARGO CO NEW | 949746101 | 32,000 | $2.6M | 0.02% |
| 181 | UNION PAC CORP | UNP | 11,100 | $2.6M | 0.02% |
| 182 | DOMINOS PIZZA INC | DPZ | 5,500 | $2.5M | 0.02% |
| 183 | KKR & CO INC | KKRT | 18,000 | $2.4M | 0.02% |
| 184 | GARTNER INC | IT | 5,700 | $2.3M | 0.02% |
| 185 | CARLYLE GROUP INC | CGABL | 44,500 | $2.3M | 0.02% |
| 186 | HEXCEL CORP NEW | 428291108 | 38,000 | $2.1M | 0.02% |
| 187 | INTUIT | INTU | 2,720 | $2.1M | 0.02% |
| 188 | CSX CORP | CSX | 65,000 | $2.1M | 0.02% |
| 189 | EAGLE MATLS INC | 26969P108 | 9,000 | $1.8M | 0.02% |
| 190 | SYSCO CORP | SYY | 24,000 | $1.8M | 0.02% |
| 191 | BRUNSWICK CORP | BC-PC | 29,500 | $1.6M | 0.01% |
| 192 | CAPITAL ONE FINL CORP | 14040H105 | 7,500 | $1.6M | 0.01% |
| 193 | COSTAR GROUP INC | CSGP | 18,600 | $1.5M | 0.01% |
| 194 | NVR INC | NVR | 175 | $1.3M | 0.01% |
| 195 | LAUDER ESTEE COS INC | 518439104 | 15,000 | $1.2M | 0.01% |
| 196 | HANOVER INS GROUP INC | 410867105 | 6,000 | $1.0M | 0.01% |
| 197 | OLD DOMINION FREIGHT LINE IN | ODFL | 6,000 | $973,800 | 0.01% |
| 198 | INTERCONTINENTAL EXCHANGE IN | 45866F104 | 5,120 | $939,366 | 0.01% |
| 199 | FEDEX CORP | FDX | 4,000 | $909,240 | 0.01% |
| 200 | LPL FINL HLDGS INC | 50212V100 | 2,289 | $858,306 | 0.01% |
| 201 | VERISK ANALYTICS INC | VRSK | 2,500 | $778,750 | 0.01% |
| 202 | ANHEUSER BUSCH INBEV SA/NV | BUDFF | 11,000 | $755,920 | 0.01% |
| 203 | TARGET CORP | TGT | 7,500 | $739,875 | 0.01% |
| 204 | RENAISSANCERE HLDGS LTD | RNR-PG | 3,000 | $728,700 | 0.01% |
| 205 | SCOTTS MIRACLE-GRO CO | SMG | 9,000 | $593,640 | 0.01% |
| 206 | MSCI INC | MSCI | 1,000 | $576,740 | 0.00% |
| 207 | TYSON FOODS INC | TSN | 10,000 | $559,400 | 0.00% |
| 208 | AON PLC | AON | 1,500 | $535,140 | 0.00% |
| 209 | S&P GLOBAL INC | SPGI | 1,000 | $527,290 | 0.00% |
| 210 | CARMAX INC | KMX | 7,000 | $470,470 | 0.00% |
| 211 | DOLLAR GEN CORP NEW | 256677105 | 3,500 | $400,330 | 0.00% |
| 212 | CELANESE CORP DEL | CE | 6,000 | $331,980 | 0.00% |
| 213 | CROWN HLDGS INC | CCK | 3,000 | $308,940 | 0.00% |
| 214 | EASTMAN CHEM CO | EMN | 4,000 | $298,640 | 0.00% |
| 215 | TRANSUNION | TRU | 3,000 | $264,000 | 0.00% |
| 216 | O-I GLASS INC | OI | 100 | $1,474 | 0.00% |
| 217 | ACCENTURE PLC IRELAND | ACN | 1 | $299 | 0.00% |
| 218 | TEXAS INSTRS INC | 882508104 | 1 | $208 | 0.00% |