Smart Money Radar / Whales / Tom Gayner
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Tom Gayner

Markel Group Inc. · Holdings as of Mar 31, 2024, filed by May 16, 2024 · US long stock positions only

Insurance float compounder in the Berkshire mold.

Reported value
$10B
60 positions shown
Copycat since 2016
3.25x
12% per year
vs SPY
behind
SPY 3.57x same window
Top position
BRK.A
7% of book

Copying these filings vs SPY

$1 at every deadline since 2016
SPY 3.57x Tom Gayner 3.25x
Price returns, dividends excluded on both lines. A copycat of public filings traded at each deadline, not the fund's actual performance.
Mar 2026 Dec 2025 Sep 2025 Jun 2025 Mar 2025 Dec 2024 Sep 2024 Jun 2024 Mar 2024 Dec 2023 Sep 2023 Jun 2023

The book

tile = share of the filed book · tap a tile for the ticker · Mar 2024
BRK.A 7% BRK.B 6% GOOG 4% AMZN 4% BN 4% HD 3% DE 3% V 3% NVO 3% DIS 2% WSO 2% ADI 2% MSFT 2% AAPL 2% DEO 2%
Top 15 positions shown, 50% of the book; 117 smaller names hold the rest.
SymbolValue% of bookvs prior quarter
BRK.A $707M 7% new
BRK.B $644M 6% new
GOOG $419M 4% new
AMZN $366M 4% new
BN $365M 4% new
HD $353M 3% new
DE $338M 3% new
V $279M 3% new
NVO $276M 3% new
DIS $249M 2% new
WSO $245M 2% new
ADI $231M 2% new
MSFT $212M 2% new
AAPL $210M 2% new
DEO $202M 2% new
BLK $184M 2% new
RLI $178M 2% new
LOW $169M 2% new
BX $161M 2% new
PGR $156M 2% new
GS $150M 1% new
KKR $146M 1% new
MRSH $143M 1% new
META $130M 1% new
TXN $126M 1% new
LPLA $120M 1% new
APO $114M 1% new
CAT $113M 1% new
GD $110M 1% new
AXP $110M 1% new
DG $105M 1% new
MA $100M 1% new
SCHW $98M 1% new
JNJ $97M 1% new
BAM $92M 1% new
NVR $92M 1% new
ADM $92M 1% new
ITW $88M 1% new
MCO $84M 1% new
GOOGL $84M 1% new
MSCI $80M 1% new
ROL $66M 1% new
SPGI $64M 1% new
ECL $63M 1% new
CG $62M 1% new
LIN $61M 1% new
NSC $58M 1% new
HEI.A $58M 1% new
unlisted $55M 1% new
FDS $53M 1% new
JPM $51M 0% new
SBUX $49M 0% new
FDX $49M 0% new
CMCSA $46M 0% new
TSN $46M 0% new
ROK $45M 0% new
BF.A $45M 0% new
ODFL $43M 0% new
TROW $38M 0% new
AON $37M 0% new
Positions built under SEC confidential treatment appear only after the SEC releases them. Cash, foreign listings and shorts never appear in these filings.