L3VLUP
ProSign in
← Markel Group Inc, latest filing

What Markel Group Inc changed, 2013 to 2026

53 quarterly 13F filings, from Q2 2013 to Q2 2026, each read from the filing itself. A quarter is compared only with the quarter before it, so a quarter with no filing is a gap in the record, not a sale.

Reported book

$13.1bn

$2.8bn at Q2 2013

Positions

130

107 at Q2 2013

Top ten weight

43%

47% at Q2 2013

Typical quarterly turnover

about 1%

Estimated from share changes

Reported book by quarter
$0$7bn$13bnQ2 2013: $2.8bnQ3 2013: $2.9bnQ4 2013: $3.2bnQ1 2014: $3.3bn14Q2 2014: $3.5bnQ3 2014: $3.5bnQ4 2014: $4.0bnQ1 2015: $4.0bn15Q2 2015: $4.0bnQ3 2015: $3.8bnQ4 2015: $3.7bnQ1 2016: $3.7bn16Q2 2016: $3.8bnQ3 2016: $3.9bnQ4 2016: $4.1bnQ1 2017: $4.4bn17Q2 2017: $4.7bnQ3 2017: $5.0bnQ4 2017: $5.3bnQ1 2018: $5.3bn18Q2 2018: $5.4bnQ3 2018: $5.9bnQ4 2018: $5.2bnQ1 2019: $6.0bn19Q2 2019: $6.5bnQ3 2019: $6.6bnQ4 2019: $7.2bnQ1 2020: $5.3bn20Q2 2020: $5.4bnQ3 2020: $5.9bnQ4 2020: $6.7bnQ1 2021: $7.2bn21Q2 2021: $7.9bnQ3 2021: $7.9bnQ4 2021: $8.7bnQ1 2022: $8.4bn22Q2 2022: $7.0bnQ3 2022: $6.8bnQ4 2022: $7.5bnQ1 2023: $7.9bn23Q2 2023: $8.4bnQ3 2023: $8.3bnQ4 2023: $9.2bnQ1 2024: $10.1bn24Q2 2024: $10.2bnQ3 2024: $11.1bnQ4 2024: $11.3bnQ1 2025: $11.3bn25Q2 2025: $11.8bnQ3 2025: $12.3bnQ4 2025: $12.5bnQ1 2026: $11.9bn26Q2 2026: $13.1bn
  • Q2 2013: $2.8bn
  • Q3 2013: $2.9bn
  • Q4 2013: $3.2bn
  • Q1 2014: $3.3bn
  • Q2 2014: $3.5bn
  • Q3 2014: $3.5bn
  • Q4 2014: $4.0bn
  • Q1 2015: $4.0bn
  • Q2 2015: $4.0bn
  • Q3 2015: $3.8bn
  • Q4 2015: $3.7bn
  • Q1 2016: $3.7bn
  • Q2 2016: $3.8bn
  • Q3 2016: $3.9bn
  • Q4 2016: $4.1bn
  • Q1 2017: $4.4bn
  • Q2 2017: $4.7bn
  • Q3 2017: $5.0bn
  • Q4 2017: $5.3bn
  • Q1 2018: $5.3bn
  • Q2 2018: $5.4bn
  • Q3 2018: $5.9bn
  • Q4 2018: $5.2bn
  • Q1 2019: $6.0bn
  • Q2 2019: $6.5bn
  • Q3 2019: $6.6bn
  • Q4 2019: $7.2bn
  • Q1 2020: $5.3bn
  • Q2 2020: $5.4bn
  • Q3 2020: $5.9bn
  • Q4 2020: $6.7bn
  • Q1 2021: $7.2bn
  • Q2 2021: $7.9bn
  • Q3 2021: $7.9bn
  • Q4 2021: $8.7bn
  • Q1 2022: $8.4bn
  • Q2 2022: $7.0bn
  • Q3 2022: $6.8bn
  • Q4 2022: $7.5bn
  • Q1 2023: $7.9bn
  • Q2 2023: $8.4bn
  • Q3 2023: $8.3bn
  • Q4 2023: $9.2bn
  • Q1 2024: $10.1bn
  • Q2 2024: $10.2bn
  • Q3 2024: $11.1bn
  • Q4 2024: $11.3bn
  • Q1 2025: $11.3bn
  • Q2 2025: $11.8bn
  • Q3 2025: $12.3bn
  • Q4 2025: $12.5bn
  • Q1 2026: $11.9bn
  • Q2 2026: $13.1bn
Share of the book in the ten largest positions
0%24%47%Q2 2013: 47%Q3 2013: 47%Q4 2013: 45%Q1 2014: 45%14Q2 2014: 44%Q3 2014: 43%Q4 2014: 44%Q1 2015: 44%15Q2 2015: 43%Q3 2015: 42%Q4 2015: 44%Q1 2016: 45%16Q2 2016: 44%Q3 2016: 43%Q4 2016: 44%Q1 2017: 43%17Q2 2017: 42%Q3 2017: 43%Q4 2017: 43%Q1 2018: 42%18Q2 2018: 41%Q3 2018: 41%Q4 2018: 42%Q1 2019: 40%19Q2 2019: 40%Q3 2019: 39%Q4 2019: 39%Q1 2020: 40%20Q2 2020: 42%Q3 2020: 43%Q4 2020: 43%Q1 2021: 43%21Q2 2021: 43%Q3 2021: 43%Q4 2021: 42%Q1 2022: 44%22Q2 2022: 41%Q3 2022: 41%Q4 2022: 39%Q1 2023: 39%23Q2 2023: 39%Q3 2023: 39%Q4 2023: 39%Q1 2024: 39%24Q2 2024: 40%Q3 2024: 39%Q4 2024: 40%Q1 2025: 41%25Q2 2025: 40%Q3 2025: 41%Q4 2025: 42%Q1 2026: 42%26Q2 2026: 43%
  • Q2 2013: 47%
  • Q3 2013: 47%
  • Q4 2013: 45%
  • Q1 2014: 45%
  • Q2 2014: 44%
  • Q3 2014: 43%
  • Q4 2014: 44%
  • Q1 2015: 44%
  • Q2 2015: 43%
  • Q3 2015: 42%
  • Q4 2015: 44%
  • Q1 2016: 45%
  • Q2 2016: 44%
  • Q3 2016: 43%
  • Q4 2016: 44%
  • Q1 2017: 43%
  • Q2 2017: 42%
  • Q3 2017: 43%
  • Q4 2017: 43%
  • Q1 2018: 42%
  • Q2 2018: 41%
  • Q3 2018: 41%
  • Q4 2018: 42%
  • Q1 2019: 40%
  • Q2 2019: 40%
  • Q3 2019: 39%
  • Q4 2019: 39%
  • Q1 2020: 40%
  • Q2 2020: 42%
  • Q3 2020: 43%
  • Q4 2020: 43%
  • Q1 2021: 43%
  • Q2 2021: 43%
  • Q3 2021: 43%
  • Q4 2021: 42%
  • Q1 2022: 44%
  • Q2 2022: 41%
  • Q3 2022: 41%
  • Q4 2022: 39%
  • Q1 2023: 39%
  • Q2 2023: 39%
  • Q3 2023: 39%
  • Q4 2023: 39%
  • Q1 2024: 39%
  • Q2 2024: 40%
  • Q3 2024: 39%
  • Q4 2024: 40%
  • Q1 2025: 41%
  • Q2 2025: 40%
  • Q3 2025: 41%
  • Q4 2025: 42%
  • Q1 2026: 42%
  • Q2 2026: 43%

The positions that defined it

Every position that was ever among the 25 largest: when it first appeared, when it was largest, and where it stands in Q2 2026. The line is its reported value each quarter.

PositionValue over timeFirst listedLargestQ2 2026
Alphabet Inc(GOOG)Capital Stock Class CQ4 2020$972mQ2 2026$972m
Berkshire Hathaway, Inc.Class AQ4 2020$889mQ1 2025$834m
Berkshire Hathaway Class B(BRK-B)Class B NewQ4 2020$816mQ1 2025$767m
John Deere(DE)Q3 2014$557mQ2 2026$557m
Brookfield Corp(BN)Class A LTD VT SHQ4 2022$600mQ4 2025$557m
Amazon.com(AMZN)Q2 2013$484mQ2 2026$484m
Analog Devices Inc(ADI)Q1 2016$397mQ2 2026$397m
Goldman Sachs(GS)Q1 2016$363mQ2 2026$363m
Apple Inc(AAPL)Q2 2015$355mQ2 2026$355m
Caterpillar Inc(CAT)Q2 2013$350mQ2 2026$350m
Visa(V)Common Class AQ4 2020$355mQ2 2025$348m
Home Depot(HD)Q2 2013$382mQ4 2021$325m
Brookfield Asset ManagementClass A LTD VT SHQ4 2020$526mQ4 2021Soldlast listed Q3 2022
Berkshire Hathaway, Inc.Q2 2013$375mQ4 2019Soldlast listed Q3 2020
Berkshire Hathaway Class B(BRK-B)Q2 2013$346mQ4 2019Soldlast listed Q3 2020
Disney(DIS)Common DisneyQ4 2020$338mQ4 2020Soldlast listed Q4 2020
Brookfield Asset ManagementQ2 2013$335mQ4 2019Soldlast listed Q3 2020
Marriott International(MAR)Q2 2013$240mQ4 2019Soldlast listed Q1 2020
Diageo PLC(DEO)Q2 2013$233mQ2 2019Soldlast listed Q3 2020
Blackrock IncQ2 2013$209mQ3 2024Soldlast listed Q3 2024

Quarter by quarter

2026Q1Q2
2025Q1Q2Q3Q4
2024Q1Q2Q3Q4
2023Q1Q2Q3Q4
2022Q1Q2Q3Q4
2021Q1Q2Q3Q4
2020Q1Q2Q3Q4
2019Q1Q2Q3Q4
2018Q1Q2Q3Q4
2017Q1Q2Q3Q4
2016Q1Q2Q3Q4
2015Q1Q2Q3Q4
2014Q1Q2Q3Q4
2013Q2Q3Q4

Q4 2017: $5.3bn across 138 positions

Against Q3 2017: 1 new, 0 added to, 0 trimmed, 2 sold out, across all 138 positions.

Turnover about 0% of the book, estimated from share changes at quarter-end prices.

Largest additions

No position grew this quarter.

Largest reductions

No position was cut this quarter.

Opened

Nothing new among the largest positions.

Sold out

  • Exxon Corporation (XOM)was $45m
  • Schlumberger (SLB)was $279k

Largest positions, Q4 2017

The largest 25 of 138 reported positions.

PositionValueWeightOn the quarter
Berkshire Hathaway, Inc.$324m6.1%Held
Carmax (KMX)$315m5.9%Held
Berkshire Hathaway Class B (BRK-B)$300m5.7%Held
Brookfield Asset Management$237m4.5%Held
Marriott International (MAR)$205m3.9%Held
Diageo PLC (DEO)$197m3.7%Held
Disney (DIS)$183m3.4%Held
Home Depot (HD)$174m3.3%Held
John Deere (DE)$171m3.2%Held
Walgreens Boots Alliance Inc$155m2.9%Held
United Health Group Inc (UNH)$146m2.8%Held
Visa (V)$104m2.0%Held
Alphabet Inc (GOOG)$102m1.9%Held
Amazon.com (AMZN)$94m1.8%Held
Blackrock Inc$92m1.7%Held
Johnson and Johnson (JNJ)$85m1.6%Held
Unilever PLC ADR$85m1.6%Held
General Dynamics (GD)$79m1.5%Held
RLI Corporation (RLI)$73m1.4%Held
W.P. Carey (WPC)$65m1.2%Held
Automatic Data Processing (ADP)$62m1.2%Held
Archer Daniels (ADM)$59m1.1%Held
Novo-Nordisk A/S (NVO)$58m1.1%Held
Brown Forman Class A (BF-A)$57m1.1%Held
Texas Instruments Inc (TXN)$55m1.0%Held

The books most like this one

Among the managers whose filings are on file, at Q2 2026. Overlap is the share of the two books that is the same: for every stock both list, the smaller of its two weights, added up. Two books can overlap because both own the largest companies; it says nothing about whether the managers agree.

ManagerOverlapStocks in bothOverlap over time
Neuberger Berman Group LLCat least 25%71Compare
MFS Investment Managementat least 25%75Compare
AllianceBernstein LPat least 25%73Compare
Capital Research Global Investors24%69Compare
T. Rowe Price Associates Incat least 23%68Compare
Wellington Management Group LLPat least 22%68Compare
Invesco Ltdat least 21%86Compare
Arrowstreet Capital LPat least 21%63Compare

“At least” where either manager has more positions than are read each quarter: a stock both hold below that range is not counted.

The filings behind it

Every quarter above is one 13F holdings report, with any amendment the filer made to it applied in the order it was filed. Where the reporting entity changed, each quarter keeps the filer that actually reported it.

QuarterFilerBookAmendedFiling
Q2 2026Markel Group Inc$13.1bn13F-HR
Q1 2026Markel Group Inc$11.9bn13F-HR
Q4 2025Markel Group Inc$12.5bn13F-HR
Q3 2025Markel Group Inc$12.3bn13F-HR
Q2 2025Markel Group Inc$11.8bn13F-HR
Q1 2025Markel Group Inc$11.3bn13F-HR
Q4 2024Markel Group Inc$11.3bn13F-HR
Q3 2024Markel Group Inc$11.1bn13F-HR
Q2 2024Markel Group Inc$10.2bn13F-HR
Q1 2024Markel Group Inc$10.1bn13F-HR
Q4 2023Markel Group Inc$9.2bn13F-HR
Q3 2023Markel Group Inc$8.3bn13F-HR
Q2 2023Markel Group Inc$8.4bn13F-HR
Q1 2023Markel Group Inc$7.9bn13F-HR
Q4 2022Markel Group Inc$7.5bn13F-HR
Q3 2022Markel Group Inc$6.8bn13F-HR
Q2 2022Markel Group Inc$7.0bn13F-HR
Q1 2022Markel Group Inc$8.4bn113F-HR
Q4 2021Markel Group Inc$8.7bn113F-HR
Q3 2021Markel Group Inc$7.9bn13F-HR
Q2 2021Markel Group Inc$7.9bn13F-HR
Q1 2021Markel Group Inc$7.2bn13F-HR
Q4 2020Markel Group Inc$6.7bn13F-HR
Q3 2020Markel Group Inc$5.9bn13F-HR
Q2 2020Markel Group Inc$5.4bn13F-HR
Q1 2020Markel Group Inc$5.3bn13F-HR
Q4 2019Markel Group Inc$7.2bn13F-HR
Q3 2019Markel Group Inc$6.6bn13F-HR
Q2 2019Markel Group Inc$6.5bn13F-HR
Q1 2019Markel Group Inc$6.0bn13F-HR
Q4 2018Markel Group Inc$5.2bn13F-HR
Q3 2018Markel Group Inc$5.9bn13F-HR
Q2 2018Markel Group Inc$5.4bn13F-HR
Q1 2018Markel Group Inc$5.3bn13F-HR
Q4 2017Markel Group Inc$5.3bn13F-HR
Q3 2017Markel Group Inc$5.0bn13F-HR
Q2 2017Markel Group Inc$4.7bn13F-HR
Q1 2017Markel Group Inc$4.4bn13F-HR
Q4 2016Markel Group Inc$4.1bn13F-HR
Q3 2016Markel Group Inc$3.9bn13F-HR
Q2 2016Markel Group Inc$3.8bn13F-HR
Q1 2016Markel Group Inc$3.7bn13F-HR
Q4 2015Markel Group Inc$3.7bn13F-HR
Q3 2015Markel Group Inc$3.8bn13F-HR
Q2 2015Markel Group Inc$4.0bn13F-HR
Q1 2015Markel Group Inc$4.0bn13F-HR
Q4 2014Markel Group Inc$4.0bn113F-HR
Q3 2014Markel Group Inc$3.5bn13F-HR
Q2 2014Markel Group Inc$3.5bn13F-HR
Q1 2014Markel Group Inc$3.3bn13F-HR
Q4 2013Markel Group Inc$3.2bn13F-HR
Q3 2013Markel Group Inc$2.9bn13F-HR
Q2 2013Markel Group Inc$2.8bn13F-HR

Reading this record

A 13F lists US-listed long equity and options at the quarter end, filed up to 45 days later. It shows what was held, not when it was bought or at what price, and nothing short. Where a quarter lists only the largest positions, a name missing from it may still be held below that range; the counts of what was opened and sold always cover the whole filing.

Company names, tickers and logos are the trademarks of their respective owners and appear here to identify the company whose public figures are being used. L3VLUP is not affiliated with, sponsored by or endorsed by any company shown, and nothing here is a statement by or about that company. More