T

Tom Gayner

Markel Group Inc.

Value

Chief Investment Officer of Markel Group (formerly Markel Corporation), Tom Gayner manages the group's equity portfolio under a Buffett-inspired value philosophy, earning Markel the nickname Baby Berkshire.

As of June 30, 2026, the Tom Gayner portfolio (Markel Group Inc.) holds 130 equity positions worth $13.1B. That is up 10.0% from $11.9B in Q1 2026. Over the quarter, the fund opened 80 new positions, exited 0, increased 3 and trimmed 2 (full breakdown below).

Portfolio
$13.1B
Equity positions
130
Top 10 concentration
42.9%
Weighted yield
1.3%
Dividend coverage
14.1%

Portfolio as of June 30, 2026

Company Value %
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Quarterly moves

Q1 2026 → Q2 2026

Portfolio value went from $11.9B to $13.1B (+10.0%) quarter over quarter.

New buys

Amount invested · % of portfolio

80
  • GOLDMAN SACHS GROUP INC $363M · 2.8%
  • VISA INC $348M · 2.7%
  • HOME DEPOT INC $325M · 2.5%
  • WATSCO INC $249M · 1.9%
  • TEXAS INSTRS INC $216M · 1.6%
  • MICROSOFT CORP $201M · 1.5%
  • LOWES COS INC $166M · 1.3%
  • PROGRESSIVE CORP $165M · 1.3%
Positions added to

Amount bought · (±%) · % of portfolio

3
  • CSX CORP $3M (+10.3%) · 0.2%
  • AIR PRODUCTS AND CHEMICALS I $4M (+17.2%) · 0.2%
  • CANADIAN PACIFIC KANSAS CITY $1M (+22.7%) · 0.1%
Positions trimmed

Amount sold · (±%) · % of portfolio

2
  • ANALOG DEVICES INC $7M (-2.3%) · 3.0%
  • COMCAST CORP NEW $5M (-16.6%) · 0.2%
Positions closed
0

None

Portfolio value over time

Top 10 holdings evolution as of June 30, 2026

Share of portfolio (%) since inception, top 10 as of the selected quarter.

Sector breakdown

Based on holdings matched to a stock referenced on the site.

Dividend aristocrats held

Stocks with at least 25 consecutive years of dividend growth.

Frequently asked questions

What are Tom Gayner's top holdings?

As of June 30, 2026, the top three holdings of Markel Group Inc. are ALPHABET INC, BERKSHIRE HATHAWAY INC DEL, BERKSHIRE HATHAWAY INC DEL.

How many positions does Tom Gayner hold?

Markel Group Inc. reports 130 equity positions worth $13.1B as of June 30, 2026.

Does Tom Gayner invest in dividend stocks?

The weighted dividend yield of the covered portion of the portfolio is approximately 1.3%.

Data sourced from 13F filings submitted to the SEC, published with roughly 45 days of lag. A 13F only covers long positions in U.S.-traded securities: it excludes short sales, non-U.S. holdings and cash. Provided for informational purposes only and does not constitute investment advice.