MARKEL GROUP INC. Q4 2025 Filing

Filed February 6, 2026

Portfolio Value

$12.5B

Holdings

128

Report Date

Q4 2025

Filing Type

13F-HR

All Holdings (128 positions)

#StockSharesValue% PortfolioType
1
GOOGALPHABET INC
2,749,860$862.0M6.87%
2
BRK-BBERKSHIRE HATHAWAY INC DEL
1,114$840.0M6.70%
3
BRK/BBERKSHIRE HATHAWAY INC DEL
1,531,971$769.0M6.13%
4
BNBROOKFIELD CORP
13,073,609$599.0M4.78%
5
AMZNAMAZON COM INC
2,030,760$468.0M3.73%
6
DEDEERE & CO
877,900$408.0M3.25%
7
VVISA INC
999,285$349.0M2.78%
8
AAPLAPPLE INC
1,227,290$333.0M2.65%
9
HDHOME DEPOT INC
920,000$316.0M2.52%
10
GSGOLDMAN SACHS GROUP INC
359,360$315.0M2.51%
11
ADIANALOG DEVICES INC
1,023,245$276.0M2.20%
12
MSFTMICROSOFT CORP
535,680$258.0M2.06%
13
BLKBLACKROCK INC
220,200$234.0M1.87%
14
DISDISNEY WALT CO
2,031,665$230.0M1.83%
15
LPLALPL FINL HLDGS INC
559,951$199.0M1.59%
16
WSOWATSCO INC
577,669$194.0M1.55%
17
BXBLACKSTONE INC
1,229,000$189.0M1.51%
18
CATCATERPILLAR INC
328,650$187.0M1.49%
19
KKRKKR & CO INC
1,451,800$184.0M1.47%
20
AXPAMERICAN EXPRESS CO
488,500$180.0M1.43%
21
GOOGLALPHABET INC
572,000$178.0M1.42%
22
LOWLOWES COS INC
734,480$176.0M1.40%
23
PGRPROGRESSIVE CORP
753,750$170.0M1.36%
24
METAMETA PLATFORMS INC
248,303$163.0M1.30%
25
RLIRLI CORP
2,394,544$152.0M1.21%
26
APOAPOLLO GLOBAL MGMT INC
1,012,500$146.0M1.16%
27
NVONOVO-NORDISK A S
2,869,774$145.0M1.16%
28
FNVFRANCO NEV CORP
683,500$141.0M1.12%
29
MRSHMARSH & MCLENNAN COS INC
761,750$140.0M1.12%
30
SCHWSCHWAB CHARLES CORP
1,375,800$136.0M1.08%
31
GDGENERAL DYNAMICS CORP
391,000$130.0M1.04%
32
JNJJOHNSON & JOHNSON
610,800$125.0M1.00%
33
TXNTEXAS INSTRS INC
724,000$125.0M1.00%
34
MAMASTERCARD INCORPORATED
207,540$118.0M0.94%
35
DEODIAGEO PLC
1,371,708$117.0M0.93%
36
BAMBROOKFIELD ASSET MANAGMT LTD
2,193,953$114.0M0.91%
37
DGDOLLAR GEN CORP NEW
869,250$114.0M0.91%
38
MCOMOODYS CORP
213,890$108.0M0.86%
39
HEIHEICO CORP NEW
379,644$95.0M0.76%
40
ROLROLLINS INC
1,489,025$88.0M0.70%
41
NVRNVR INC
12,007$87.0M0.69%
42
LINLINDE PLC
200,100$85.0M0.68%
43
ADMARCHER DANIELS MIDLAND CO
1,505,800$85.0M0.68%
44
MSCIMSCI INC
142,850$81.0M0.65%
45
JPMJPMORGAN CHASE & CO.
252,550$81.0M0.65%
46
ITWILLINOIS TOOL WKS INC
327,500$80.0M0.64%
47
NSCNORFOLK SOUTHN CORP
273,500$78.0M0.62%
48
SPGIS&P GLOBAL INC
150,690$78.0M0.62%
49
CGCARLYLE GROUP INC
1,327,000$77.0M0.61%
50
ECLECOLAB INC
274,300$71.0M0.57%
51
ODFLOLD DOMINION FREIGHT LINE IN
421,650$65.0M0.52%
52
ROKROCKWELL AUTOMATION INC
154,900$60.0M0.48%
53
ITICINVESTORS TITLE CO NC
213,300$53.0M0.42%
54
SBUXSTARBUCKS CORP
623,818$52.0M0.41%
55
TSNTYSON FOODS INC
884,500$51.0M0.41%
56
THGHANOVER INS GROUP INC
281,000$51.0M0.41%
57
AONAON PLC
134,050$46.0M0.37%
58
ACNACCENTURE PLC IRELAND
159,400$42.0M0.33%
59
HGTYHAGERTY INC
3,108,000$41.0M0.33%
60
RTXRTX CORPORATION
224,000$41.0M0.33%
61
HCAHCA HEALTHCARE INC
80,680$37.0M0.29%
62
TMOTHERMO FISHER SCIENTIFIC INC
62,800$36.0M0.29%
63
FERGFERGUSON ENTERPRISES INC
163,500$36.0M0.29%
64
VRSKVERISK ANALYTICS INC
155,950$34.0M0.27%
65
FDSFACTSET RESH SYS INC
121,873$34.0M0.27%
66
YUMYUM BRANDS INC
226,451$34.0M0.27%
67
COSTCOSTCO WHSL CORP NEW
39,150$33.0M0.26%
68
ALSALLSTATE CORP
154,550$32.0M0.26%
69
UNPUNION PAC CORP
141,278$32.0M0.26%
70
ABNBAIRBNB INC
240,289$32.0M0.26%
71
TROWPRICE T ROWE GROUP INC
314,000$31.0M0.25%
72
LMTLOCKHEED MARTIN CORP
64,513$31.0M0.25%
73
SHWSHERWIN WILLIAMS CO
94,172$30.0M0.24%
74
MARMARRIOTT INTL INC NEW
89,750$27.0M0.22%
75
NKENIKE INC
447,400$27.0M0.22%
76
CMCSACOMCAST CORP NEW
961,880$27.0M0.22%
77
CSCOCISCO SYS INC
355,500$26.0M0.21%
78
URIUNITED RENTALS INC
31,150$25.0M0.20%
79
LAMRLAMAR ADVERTISING CO NEW
185,000$23.0M0.18%
80
COFCAPITAL ONE FINL CORP
91,000$21.0M0.17%
81
CCKCROWN HLDGS INC
212,000$21.0M0.17%
82
BF/ABROWN FORMAN CORP
843,000$21.0M0.17%
83
WFCWELLS FARGO CO NEW
204,450$18.0M0.14%
84
RNRRENAISSANCERE HLDGS LTD
70,000$18.0M0.14%
85
4I1PHILIP MORRIS INTL INC
114,500$18.0M0.14%
86
APDAIR PRODS & CHEMS INC
71,500$17.0M0.14%
87
SHOPSHOPIFY INC
102,750$16.0M0.13%
88
CSXCSX CORP
440,000$15.0M0.12%
89
SPOTSPOTIFY TECHNOLOGY S A
25,900$15.0M0.12%
90
EFXEQUIFAX INC
72,850$15.0M0.12%
91
PAYXPAYCHEX INC
150,000$15.0M0.12%
92
BKBANK NEW YORK MELLON CORP
121,500$14.0M0.11%
93
SEICSEI INVTS CO
173,200$13.0M0.10%
94
PEPPEPSICO INC
96,210$13.0M0.10%
95
HXLHEXCEL CORP NEW
189,000$13.0M0.10%
96
FIXCOMFORT SYS USA INC
13,000$12.0M0.10%
97
HSYHERSHEY CO
67,500$12.0M0.10%
98
DYHTARGET CORP
133,000$12.0M0.10%
99
CMECME GROUP INC
45,750$12.0M0.10%
100
CHHCHOICE HOTELS INTL INC
115,500$11.0M0.09%
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