Markel Group Inc
The positions Markel Group Inc reported on its Form 13F for Q2 2026, the quarter ending 30 Jun 2026, filed on 31 Jul 2026. Every figure below is the filing’s own: US-listed long equity, valued at the quarter end, with the change measured against the same manager’s previous filing.
Opened this quarter
A new position is the clearest thing a filing says. Somebody argued for it recently, and it is the easiest question to be ready for.
- Zoetis Inc (ZTS)$4.8m · 0.0%
- Netflix Inc. (NFLX)$2.9m · 0.0%
- Ufp Industries Inc (UFPI)$400k · 0.0%
Sold out of this quarter
Exits are valued at what the position was worth in the previous filing, because by this one it is gone.
- Scotts Miracle-gro Co (SMG)$10m held before
- Unitedhealth Group Inc (UNH)$5.1m held before
Every reported position, Q2 2026
130 positions, sorted by weight · page 2 of 2
| Position | Weight ↑ | Value | Shares | Change on the quarter | Action |
|---|---|---|---|---|---|
Meta Platforms Inc (META) CL A · CUSIP 30303M102 | 1.0% | $132m | 234,163 | -$10m -14,140 shares | Trimmed |
KKR & Co Inc COM · CUSIP 48251W104 | 1.0% | $133m | 1,451,800 | -$1.0m 0 shares | Held |
Novo-nordisk A S ADR · CUSIP 670100205 | 1.0% | $138m | 2,869,774 | +$32m 0 shares | Held |
General Dynamics Corp (GD) COM · CUSIP 369550108 | 1.1% | $139m | 391,000 | +$4.3m 0 shares | Held |
Rli Corp (RLI) COM · CUSIP 749607107 | 1.1% | $141m | 2,394,544 | +$4.9m 0 shares | Held |
Blackstone Inc (BX) COM · CUSIP 09260D107 | 1.1% | $145m | 1,229,000 | +$3.3m 0 shares | Held |
Johnson & Johnson (JNJ) COM · CUSIP 478160104 | 1.2% | $155m | 610,800 | +$5.8m 0 shares | Held |
LPL Finl HLDGS Inc COM · CUSIP 50212V100 | 1.2% | $158m | 559,951 | -$11m 0 shares | Held |
Franco Nev Corp COM · CUSIP 351858105 | 1.2% | $161m | 773,500 | -$14m +65,000 shares | Added |
Progressive Corp COM · CUSIP 743315103 | 1.3% | $165m | 753,750 | +$15m 0 shares | Held |
Lowes Cos Inc COM · CUSIP 548661107 | 1.3% | $166m | 751,980 | -$8.7m +13,500 shares | Added |
American Express Co (AXP) COM · CUSIP 025816109 | 1.3% | $166m | 490,450 | +$18m 0 shares | Held |
Disney Walt Co COM · CUSIP 254687106 | 1.5% | $196m | 2,031,665 | -$300k 0 shares | Held |
Microsoft Corp (MSFT) COM · CUSIP 594918104 | 1.5% | $201m | 537,630 | +$1.5m 0 shares | Held |
Alphabet Inc CAP STK CL A · CUSIP 02079K305 | 1.6% | $204m | 572,000 | +$40m 0 shares | Held |
Blackrock Inc (BLK) COM · CUSIP 09290D101 | 1.6% | $212m | 220,200 | unchanged 0 shares | Held |
Texas Instrs Inc COM · CUSIP 882508104 | 1.6% | $216m | 724,000 | +$75m 0 shares | Held |
Watsco Inc COM · CUSIP 942622200 | 1.9% | $249m | 597,750 | +$37m +15,581 shares | Added |
Home Depot Inc (HD) COM · CUSIP 437076102 | 2.5% | $325m | 922,500 | +$23m +2,500 shares | Added |
Visa Inc (V) COM CL A · CUSIP 92826C839 | 2.6% | $348m | 1,013,912 | +$44m +9,581 shares | Added |
Caterpillar Inc (CAT) COM · CUSIP 149123101 | 2.7% | $350m | 328,650 | +$117m 0 shares | Held |
Apple Inc (AAPL) COM · CUSIP 037833100 | 2.7% | $355m | 1,227,290 | +$44m 0 shares | Held |
Goldman Sachs Group Inc COM · CUSIP 38141G104 | 2.8% | $363m | 359,360 | +$59m 0 shares | Held |
Analog Devices Inc (ADI) COM · CUSIP 032654105 | 3.0% | $397m | 999,671 | +$72m -23,574 shares | Trimmed |
Amazon Com Inc (AMZN) COM · CUSIP 023135106 | 3.7% | $484m | 2,030,760 | +$61m 0 shares | Held |
Brookfield Corp CL A LTD VT SH · CUSIP 11271J107 | 4.2% | $557m | 13,073,609 | +$28m 0 shares | Held |
Deere & Co (DE) COM · CUSIP 244199105 | 4.2% | $557m | 877,900 | +$62m 0 shares | Held |
Berkshire Hathaway Inc Del CL B NEW · CUSIP 084670702 | 5.8% | $767m | 1,531,971 | +$33m 0 shares | Held |
Berkshire Hathaway Inc Del CL A · CUSIP 084670108 | 6.4% | $834m | 1,114 | +$34m 0 shares | Held |
Alphabet Inc CAP STK CL C · CUSIP 02079K107 | 7.4% | $972m | 2,749,860 | +$183m 0 shares | Held |
Every filing on file
| Quarter | Period end | Filed | Book | Positions | Top 10 | Filing |
|---|---|---|---|---|---|---|
| Q2 2026 | 30 Jun 2026 | 31 Jul 2026 | $13.1bn | 130 | 43% | 13F-HR |
| Q1 2026 | 31 Mar 2026 | 1 May 2026 | $11.9bn | 129 | 42% | 13F-HR |
| Q4 2025 | 31 Dec 2025 | 6 Feb 2026 | $12.5bn | 128 | 42% | 13F-HR |
| Q3 2025 | 30 Sept 2025 | 31 Oct 2025 | $12.3bn | 129 | 41% | 13F-HR |
| Q2 2025 | 30 Jun 2025 | 1 Aug 2025 | $11.8bn | 137 | 40% | 13F-HR |
| Q1 2025 | 31 Mar 2025 | 2 May 2025 | $11.3bn | 135 | 41% | 13F-HR |
| Q4 2024 | 31 Dec 2024 | 7 Feb 2025 | $11.3bn | 132 | 40% | 13F-HR |
| Q3 2024 | 30 Sept 2024 | 1 Nov 2024 | $11.1bn | 132 | 39% | 13F-HR |
Taking this into the room
Pick one name from the top of the book and one from the new positions, and know both properly: what the company earns, what it is priced at, and what has to be true for the position to work. That is a conversation. Reciting the whole table is not, and the interviewer wrote it.
A position sold out of is worth as much preparation as one opened. Ask what changed rather than asserting the fund was wrong, and be ready for the answer that the thesis played out and the money went somewhere better.
What this filing leaves out
A 13F covers US-listed long equity at one moment in time. Shorts, bonds, cash, private positions and non-US listings never appear, and options are reported in a form that will mislead you if you read them as a position. A long/short manager showing $8bn here may run a book several times that size.
The lag matters too. Positions are as at the quarter end and the filing arrives up to forty-five days later, so what you are reading is at least six weeks old and possibly four months. Phrase it as what the filing showed, not what the fund holds today.
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