Smart Money Radar / Whales / Tom Gayner
T

Tom Gayner

Markel Group Inc. · Holdings as of Dec 31, 2024, filed by Feb 15, 2025 · US long stock positions only

Insurance float compounder in the Berkshire mold.

Reported value
$11B
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 · Dec 2024
BRK.A 7% BRK.B 6% GOOG 5% BN 4% AMZN 4% DE 3% HD 3% V 3% AAPL 3% WSO 2% ADI 2% DIS 2% BLK 2% MSFT 2% KKR 2%
Top 15 positions shown, 50% of the book; 117 smaller names hold the rest.
SymbolValue% of bookvs prior quarter
BRK.A $759M 7% unchanged
BRK.B $694M 6% unchanged
GOOG $524M 5% unchanged
BN $501M 4% unchanged
AMZN $446M 4% unchanged
DE $371M 3% unchanged
HD $358M 3% unchanged
V $316M 3% unchanged
AAPL $307M 3% unchanged
WSO $280M 2% unchanged
ADI $248M 2% unchanged
DIS $226M 2% unchanged
BLK $226M 2% new
MSFT $219M 2% unchanged
KKR $215M 2% unchanged
BX $212M 2% unchanged
GS $206M 2% unchanged
RLI $197M 2% unchanged
NVO $185M 2% unchanged
PGR $181M 2% unchanged
LPLA $174M 2% added
DEO $174M 2% unchanged
LOW $173M 2% unchanged
APO $167M 1% unchanged
META $163M 1% unchanged
MRSH $156M 1% unchanged
AXP $144M 1% unchanged
TXN $136M 1% unchanged
BAM $119M 1% unchanged
CAT $118M 1% unchanged
MA $109M 1% unchanged
GOOGL $105M 1% unchanged
GD $103M 1% unchanged
MCO $101M 1% unchanged
SCHW $101M 1% unchanged
NVR $97M 1% unchanged
JNJ $88M 1% unchanged
MSCI $86M 1% unchanged
ITW $83M 1% unchanged
SPGI $75M 1% unchanged
ADM $74M 1% unchanged
HEI.A $71M 1% unchanged
LIN $70M 1% added
ROL $68M 1% unchanged
CG $67M 1% unchanged
ECL $64M 1% unchanged
DG $63M 1% added
JPM $61M 1% unchanged
FDX $58M 1% added
FNV $57M 1% added
SBUX $56M 0% added
unlisted $56M 0% unchanged
FDS $56M 0% unchanged
NSC $54M 0% unchanged
ODFL $53M 0% unchanged
ITIC $51M 0% unchanged
TSN $46M 0% unchanged
AON $45M 0% added
ROK $44M 0% unchanged
VRSK $43M 0% added
Positions built under SEC confidential treatment appear only after the SEC releases them. Cash, foreign listings and shorts never appear in these filings.