Conglomerate · CIK 0001096343

Tom Gayner

Markel Group

Tom Gayner runs Markel Group, a conglomerate overseeing $12.54B in disclosed equity holdings (SEC CIK 0001096343). The latest portfolio (2025Q4) discloses 128 positions across 10 sectors, with the largest positions in GOOG, BRK.A and BRK.B. On a mark-to-market basis the tracked portfolio has returned 13.0% over the past year. OpenStocks tracks 40 consecutive quarterly snapshots for this manager — every position change, new entry, and exit is logged below.

Track Tom's filings View holdings

Portfolio

$12.54B

Positions

128

Quarter

2025Q4

Filings tracked

1Y+13.0%3Y+71.1%5Y+37.2%Full performance →

Quarter

2025Q4 2025Q3 2025Q2 2025Q1 2024Q4 2024Q3 2024Q2 2024Q1 2023Q4 2023Q3 2023Q2 2023Q1

Holdings

Sorted by value · 2023Q1

Sector131 positions

BRK.ABERKSHIRE HATHAWAY INC DEL

6.60%

of portfolio

Number of shares

1,114 sh

Holdings current value

$518.68M

Avg closing price

$215657

Last action

New holding

2022Q2

Current —

BRK.BBERKSHIRE HATHAWAY INC DEL

6.02%

of portfolio

Number of shares

1,531,971 sh

Holdings current value

$473.03M

Avg closing price

$142.65

Last action

New holding

2022Q2

Current —

DEDEERE & CO

Industrials·Farm & Heavy Construction Machinery

3.97%

of portfolio

Number of shares

755,800 sh

Holdings current value

$312.05M

Avg closing price

$122.39

+377.3%

Last action

Added 0.0%

2025Q2

Current $584.19

GOOGALPHABET INC

Communication Services·Internet Content & Information

3.64%

of portfolio

Number of shares

2,749,860 sh

Holdings current value

$285.99M

Avg closing price

$45.22

+635.9%

Last action

Added 1900.0%

2022Q3

Current $332.77

BNBROOKFIELD CORP

Financial Services·Asset Management

3.61%

of portfolio

Number of shares

8,715,741 sh

Holdings current value

$284.05M

Avg closing price

$36.27

+26.7%

Last action

Added 100.0%

2025Q4

Current $45.95

HDHOME DEPOT INC

Consumer Cyclical·Home Improvement Retail

3.45%

of portfolio

Number of shares

920,000 sh

Holdings current value

$271.51M

Avg closing price

$133.43

Last action

New holding

2022Q2

Current —

DEODIAGEO PLCADR

Consumer Defensive·Beverages - Wineries & Distilleries

3.11%

of portfolio

Number of shares

1,350,208 sh

Holdings current value

$244.63M

Avg closing price

$108.47

-26.2%

Last action

Added 0.4%

2025Q4

Current $80.04

ADIANALOG DEVICES INC

Technology·Semiconductors

2.80%

of portfolio

Number of shares

1,116,071 sh

Holdings current value

$220.11M

Avg closing price

$101.28

+249.3%

Last action

Trimmed 11.5%

2025Q4

Current $353.80

VVISA INC

Financial Services·Credit Services

2.77%

of portfolio

Number of shares

964,320 sh

Holdings current value

$217.42M

Avg closing price

$87.28

+261.0%

Last action

Added 1.0%

2023Q3

Current $315.10

AMZNAMAZON COM INC

Consumer Cyclical·Internet Retail

2.64%

of portfolio

Number of shares

2,009,360 sh

Holdings current value

$207.55M

Avg closing price

$149.14

+67.4%

Last action

Added 0.3%

2023Q4

Current $249.70

DISDISNEY WALT CO

Communication Services·Entertainment

2.57%

of portfolio

Number of shares

2,018,665 sh

Holdings current value

$202.13M

Avg closing price

$99.24

Last action

Added 0.1%

2023Q4

Current —

AAPLAPPLE INC

Technology·Consumer Electronics

2.53%

of portfolio

Number of shares

1,206,990 sh

Holdings current value

$199.03M

Avg closing price

$129.19

+109.2%

Last action

Added 0.0%

2024Q2

Current $270.23

NVONOVO-NORDISK A SADR

Healthcare·Drug Manufacturers - General

2.18%

of portfolio

Number of shares

1,075,000 sh

Holdings current value

$171.08M

Avg closing price

$67.99

-39.8%

Last action

Added 87.3%

2025Q4

Current $40.93

WSOWATSCO INC

Industrials·Industrial Distribution

2.14%

of portfolio

Number of shares

528,750 sh

Holdings current value

$168.23M

Avg closing price

$201.03

Last action

Added 2.4%

2025Q4

Current —

RLIRLI CORP

Financial Services·Insurance - Property & Casualty

2.02%

of portfolio

Number of shares

1,197,272 sh

Holdings current value

$159.13M

Avg closing price

$73.60

Last action

Added

2025Q1

Current —

BLKCHFBLACKROCK INC

1.87%

of portfolio

Number of shares

220,200 sh

Holdings current value

$147.34M

Avg closing price

$372.36

Last action

Exited

2024Q4

Current —

MSFTMICROSOFT CORP

Technology·Software - Infrastructure

1.76%

of portfolio

Number of shares

479,980 sh

Holdings current value

$138.38M

Avg closing price

$115.47

+266.1%

Last action

Added 0.8%

2025Q4

Current $422.79

TXNTEXAS INSTRS INC

Technology·Semiconductors

1.71%

of portfolio

Number of shares

724,000 sh

Holdings current value

$134.67M

Avg closing price

$80.83

Last action

New holding

2022Q2

Current —

LOWLOWES COS INC

Consumer Cyclical·Home Improvement Retail

1.58%

of portfolio

Number of shares

619,480 sh

Holdings current value

$123.88M

Avg closing price

$105.14

Last action

Added 1.3%

2025Q4

Current —

GSGOLDMAN SACHS GROUP INC

Financial Services·Capital Markets

1.50%

of portfolio

Number of shares

359,360 sh

Holdings current value

$117.55M

Avg closing price

$203.20

+342.9%

Last action

Added 0.6%

2022Q4

Current $900.00

ADMARCHER DANIELS MIDLAND CO

Consumer Defensive·Farm Products

1.48%

of portfolio

Number of shares

1,463,300 sh

Holdings current value

$116.57M

Avg closing price

$37.34

Last action

Trimmed 4.4%

2025Q3

Current —

MRSHMARSH & MCLENNAN COS INC

Financial Services·Insurance Brokers

1.38%

of portfolio

Number of shares

650,500 sh

Holdings current value

$108.34M

Avg closing price

$86.87

+110.2%

Last action

Added 1.0%

2025Q4

Current $182.57

BXBLACKSTONE INC

Financial Services·Asset Management

1.37%

of portfolio

Number of shares

1,229,000 sh

Holdings current value

$107.96M

Avg closing price

$48.92

+161.9%

Last action

New holding

2022Q2

Current $128.13

PGRPROGRESSIVE CORP

Financial Services·Insurance - Property & Casualty

1.37%

of portfolio

Number of shares

753,750 sh

Holdings current value

$107.83M

Avg closing price

$71.90

+183.0%

Last action

New holding

2022Q2

Current $203.47

JNJJOHNSON & JOHNSON

Healthcare·Drug Manufacturers - General

1.20%

of portfolio

Number of shares

610,800 sh

Holdings current value

$94.67M

Avg closing price

$108.20

+116.8%

Last action

New holding

2022Q2

Current $234.54

GDGENERAL DYNAMICS CORP

Industrials·Aerospace & Defense

1.14%

of portfolio

Number of shares

391,000 sh

Holdings current value

$89.23M

Avg closing price

$132.29

+153.2%

Last action

New holding

2022Q2

Current $334.92

MSCIMSCI INC

Financial Services·Financial Data & Stock Exchanges

1.02%

of portfolio

Number of shares

142,850 sh

Holdings current value

$79.95M

Avg closing price

$86.63

+552.1%

Last action

Added 0.3%

2022Q4

Current $564.90

AXPAMERICAN EXPRESS CO

Financial Services·Credit Services

1.02%

of portfolio

Number of shares

484,250 sh

Holdings current value

$79.88M

Avg closing price

$76.00

+328.6%

Last action

Added 0.9%

2025Q4

Current $325.76

ITWILLINOIS TOOL WKS INC

Industrials·Specialty Industrial Machinery

1.01%

of portfolio

Number of shares

327,500 sh

Holdings current value

$79.73M

Avg closing price

$120.12

+121.1%

Last action

New holding

2022Q2

Current $265.61

MAMASTERCARD INCORPORATED

Financial Services·Credit Services

0.96%

of portfolio

Number of shares

207,540 sh

Holdings current value

$75.42M

Avg closing price

$119.68

+333.3%

Last action

New holding

2022Q2

Current $518.54

KKRKKR & CO INC

Financial Services·Asset Management

0.95%

of portfolio

Number of shares

1,427,023 sh

Holdings current value

$74.95M

Avg closing price

$28.28

+260.7%

Last action

Added 0.2%

2023Q3

Current $102.02

BAMBROOKFIELD ASSET MANAGMT LTD

Financial Services·Asset Management

0.91%

of portfolio

Number of shares

2,193,958 sh

Holdings current value

$71.79M

Avg closing price

$28.67

Last action

Trimmed 0.0%

2023Q2

Current —

CATCATERPILLAR INC

Industrials·Farm & Heavy Construction Machinery

0.84%

of portfolio

Number of shares

287,500 sh

Holdings current value

$65.79M

Avg closing price

$109.71

+604.3%

Last action

Added 0.2%

2025Q2

Current $772.66

MCOMOODYS CORP

Financial Services·Financial Data & Stock Exchanges

0.83%

of portfolio

Number of shares

213,890 sh

Holdings current value

$65.45M

Avg closing price

$104.30

Last action

Added 0.2%

2022Q4

Current —

APOAPOLLO GLOBAL MGMT INC

Financial Services·Asset Management

0.81%

of portfolio

Number of shares

1,012,500 sh

Holdings current value

$63.95M

Avg closing price

$48.48

Last action

New holding

2022Q2

Current —

SCHWSCHWAB CHARLES CORP

Financial Services·Capital Markets

0.78%

of portfolio

Number of shares

1,166,672 sh

Holdings current value

$61.11M

Avg closing price

$35.63

+159.9%

Last action

Added 1.0%

2025Q4

Current $92.62

DGDOLLAR GEN CORP NEW

Consumer Defensive·Discount Stores

0.75%

of portfolio

Number of shares

279,250 sh

Holdings current value

$58.77M

Avg closing price

$156.55

-21.1%

Last action

Added 13.6%

2025Q1

Current $123.47

NVRNVR INC

Consumer Cyclical·Residential Construction

0.73%

of portfolio

Number of shares

10,264 sh

Holdings current value

$57.19M

Avg closing price

$3847

Last action

Added 1.1%

2025Q4

Current —

ATVIEURACTIVISION BLIZZARD INC

0.71%

of portfolio

Number of shares

650,600 sh

Holdings current value

$55.68M

Avg closing price

$67.34

Last action

Exited

2023Q4

Current —

SBUXSTARBUCKS CORP

Consumer Cyclical·Restaurants

0.71%

of portfolio

Number of shares

532,318 sh

Holdings current value

$55.43M

Avg closing price

$64.81

+51.8%

Last action

Added 1.2%

2025Q1

Current $98.36

GOOGLALPHABET INC

Communication Services·Internet Content & Information

0.70%

of portfolio

Number of shares

533,000 sh

Holdings current value

$55.29M

Avg closing price

$73.96

+354.3%

Last action

Added 2.9%

2025Q2

Current $336.02

BF/ABROWN FORMAN CORP

0.70%

of portfolio

Number of shares

843,000 sh

Holdings current value

$54.96M

Avg closing price

$78.22

Last action

New holding

2022Q2

Current —

SPGIS&P GLOBAL INC

Financial Services·Financial Data & Stock Exchanges

0.66%

of portfolio

Number of shares

150,690 sh

Holdings current value

$51.95M

Avg closing price

$112.00

+290.0%

Last action

Added 0.3%

2022Q4

Current $436.79

METAMETA PLATFORMS INC

Communication Services·Internet Content & Information

0.65%

of portfolio

Number of shares

242,281 sh

Holdings current value

$51.35M

Avg closing price

$176.20

+284.1%

Last action

Trimmed 11.7%

2025Q4

Current $676.87

HEI/AHEICO CORP NEW

0.64%

of portfolio

Number of shares

370,644 sh

Holdings current value

$50.37M

Avg closing price

$76.32

Last action

Added 2.5%

2023Q2

Current —

ROLROLLINS INC

Consumer Cyclical·Personal Services

0.63%

of portfolio

Number of shares

1,321,275 sh

Holdings current value

$49.59M

Avg closing price

$36.98

+47.3%

Last action

Added 1.0%

2025Q4

Current $54.49

NOCNORFOLK SOUTHN CORP

Industrials·Railroads

0.62%

of portfolio

Number of shares

229,500 sh

Holdings current value

$48.65M

Avg closing price

$116.47

+477.6%

Last action

Added 8.0%

2025Q4

Current $672.77

FDSFACTSET RESH SYS INC

Financial Services·Financial Data & Stock Exchanges

0.62%

of portfolio

Number of shares

116,720 sh

Holdings current value

$48.45M

Avg closing price

$158.07

+46.7%

Last action

Added 4.6%

2025Q4

Current $231.85

G1151C101ACCENTURE PLC IRELAND

0.58%

of portfolio

Number of shares

159,400 sh

Holdings current value

$45.56M

Avg closing price

$116.68

Last action

New holding

2022Q2

Current —

ROKROCKWELL AUTOMATION INC

Industrials·Specialty Industrial Machinery

0.58%

of portfolio

Number of shares

154,900 sh

Holdings current value

$45.46M

Avg closing price

$144.80

+178.2%

Last action

New holding

2022Q2

Current $402.81

ECLECOLAB INC

Basic Materials·Specialty Chemicals

0.58%

of portfolio

Number of shares

274,300 sh

Holdings current value

$45.40M

Avg closing price

$128.50

+109.5%

Last action

New holding

2022Q2

Current $269.23

NKENIKE INC

Consumer Cyclical·Footwear & Accessories

0.58%

of portfolio

Number of shares

368,900 sh

Holdings current value

$45.24M

Avg closing price

$64.78

-29.5%

Last action

Added 0.5%

2025Q2

Current $45.70

CGCARLYLE GROUP INC

Financial Services·Asset Management

0.52%

of portfolio

Number of shares

1,327,000 sh

Holdings current value

$41.22M

Avg closing price

$20.90

Last action

Added 1.5%

2022Q4

Current —

CMCSACOMCAST CORP NEW

Communication Services·Telecom Services

0.49%

of portfolio

Number of shares

1,005,716 sh

Holdings current value

$38.13M

Avg closing price

$36.82

-20.3%

Last action

Trimmed 10.6%

2024Q4

Current $29.35

G54950103LINDE PLC

0.47%

of portfolio

Number of shares

104,900 sh

Holdings current value

$37.29M

Avg closing price

$394.36

Last action

Added 7.4%

2025Q4

Current —

WHRWHIRLPOOL CORP

Consumer Cyclical·Furnishings, Fixtures & Appliances

0.47%

of portfolio

Number of shares

282,049 sh

Holdings current value

$37.24M

Avg closing price

$131.31

Last action

Exited

2024Q4

Current —

TROWPRICE T ROWE GROUP INC

Financial Services·Asset Management

0.45%

of portfolio

Number of shares

314,000 sh

Holdings current value

$35.45M

Avg closing price

$73.37

+30.5%

Last action

New holding

2022Q2

Current $95.75

SEICSEI INVTS CO

Financial Services·Asset Management

0.43%

of portfolio

Number of shares

589,200 sh

Holdings current value

$33.91M

Avg closing price

$49.17

+60.5%

Last action

Trimmed 41.4%

2023Q2

Current $78.93

ITICINVESTORS TITLE CO NC

Financial Services·Insurance - Specialty

0.41%

of portfolio

Number of shares

213,300 sh

Holdings current value

$32.21M

Avg closing price

$91.07

Last action

New holding

2022Q2

Current —

MMM3M CO

Industrials·Conglomerates

0.39%

of portfolio

Number of shares

293,750 sh

Holdings current value

$30.88M

Avg closing price

$160.06

-5.9%

Last action

Exited

2025Q3

Current $150.55

BF/BBROWN FORMAN CORP

0.39%

of portfolio

Number of shares

474,187 sh

Holdings current value

$30.48M

Avg closing price

$62.65

Last action

New holding

2022Q2

Current —

SRCLEURSTERICYCLE INC

0.37%

of portfolio

Number of shares

671,071 sh

Holdings current value

$29.27M

Avg closing price

$60.85

Last action

Exited

2024Q2

Current —

JPMJPMORGAN CHASE & CO

Financial Services·Banks - Diversified

0.36%

of portfolio

Number of shares

216,550 sh

Holdings current value

$28.22M

Avg closing price

$80.60

Last action

Added 5.4%

2023Q4

Current —

FDXFEDEX CORP

Industrials·Integrated Freight & Logistics

0.35%

of portfolio

Number of shares

120,000 sh

Holdings current value

$27.42M

Avg closing price

$225.78

+68.7%

Last action

Exited

2025Q4

Current $380.88

G0403H108AON PLC

0.35%

of portfolio

Number of shares

86,550 sh

Holdings current value

$27.29M

Avg closing price

$269.42

Last action

Added 5.2%

2025Q4

Current —

LMTLOCKHEED MARTIN CORP

Industrials·Aerospace & Defense

0.34%

of portfolio

Number of shares

56,363 sh

Holdings current value

$26.64M

Avg closing price

$465.09

+30.6%

Last action

Added 4.2%

2025Q4

Current $607.49

405166909HAGERTY INC

0.33%

of portfolio

Number of shares

3,000,000 sh

Holdings current value

$26.22M

Avg closing price

$14.18

Last action

Exited

2023Q2

Current —

CVSCVS HEALTH CORP

Healthcare·Healthcare Plans

0.31%

of portfolio

Number of shares

332,000 sh

Holdings current value

$24.67M

Avg closing price

$94.55

-18.8%

Last action

Exited

2024Q3

Current $76.79

TSNTYSON FOODS INC

Consumer Defensive·Farm Products

0.31%

of portfolio

Number of shares

413,000 sh

Holdings current value

$24.50M

Avg closing price

$61.20

+4.6%

Last action

Added 9.5%

2025Q4

Current $63.99

RTXRAYTHEON TECHNOLOGIES CORP

Industrials·Aerospace & Defense

0.28%

of portfolio

Number of shares

224,000 sh

Holdings current value

$21.94M

Avg closing price

$61.62

Last action

New holding

2024Q4

Current —

SHWSHERWIN WILLIAMS CO

Basic Materials·Specialty Chemicals

0.27%

of portfolio

Number of shares

94,172 sh

Holdings current value

$21.17M

Avg closing price

$321.50

+3.7%

Last action

New holding

2022Q2

Current $333.34

ESABESAB CORPORATION

Industrials·Metal Fabrication

0.26%

of portfolio

Number of shares

348,356 sh

Holdings current value

$20.58M

Avg closing price

$43.75

+126.1%

Last action

Exited

2023Q2

Current $98.93

VRSKVERISK ANALYTICS INC

Industrials·Consulting Services

0.25%

of portfolio

Number of shares

102,500 sh

Holdings current value

$19.67M

Avg closing price

$150.12

+18.8%

Last action

Added 12.0%

2024Q4

Current $178.31

COSTCOSTCO WHSL CORP NEW

Consumer Defensive·Discount Stores

0.25%

of portfolio

Number of shares

39,150 sh

Holdings current value

$19.45M

Avg closing price

$158.00

+524.8%

Last action

New holding

2022Q2

Current $987.21

CABOCABLE ONE INC

Communication Services·Telecom Services

0.24%

of portfolio

Number of shares

26,700 sh

Holdings current value

$18.74M

Avg closing price

$593.56

Last action

Exited

2025Q2

Current —

CSCOCISCO SYS INC

Technology·Communication Equipment

0.23%

of portfolio

Number of shares

342,000 sh

Holdings current value

$17.88M

Avg closing price

$31.46

+168.6%

Last action

Added 1.8%

2025Q3

Current $84.50

EFXEQUIFAX INC

Industrials·Consulting Services

0.23%

of portfolio

Number of shares

87,850 sh

Holdings current value

$17.82M

Avg closing price

$154.39

+23.3%

Last action

Trimmed 22.2%

2024Q3

Current $190.38

THGHANOVER INS GROUP INC

Financial Services·Insurance - Property & Casualty

0.23%

of portfolio

Number of shares

138,000 sh

Holdings current value

$17.73M

Avg closing price

$122.86

+45.2%

Last action

Added 0.7%

2025Q2

Current $178.35

PEPPEPSICO INC

Consumer Defensive·Beverages - Non-Alcoholic

0.22%

of portfolio

Number of shares

96,210 sh

Holdings current value

$17.54M

Avg closing price

$102.93

+53.9%

Last action

New holding

2022Q2

Current $158.38

UNPUNION PAC CORP

Industrials·Railroads

0.22%

of portfolio

Number of shares

85,778 sh

Holdings current value

$17.26M

Avg closing price

$141.70

+77.2%

Last action

Added 20.3%

2025Q4

Current $251.07

ODFLOLD DOMINION FREIGHT LINE IN

Industrials·Trucking

0.22%

of portfolio

Number of shares

50,500 sh

Holdings current value

$17.21M

Avg closing price

$209.27

+2.1%

Last action

Added

2025Q4

Current $213.57

PAYXPAYCHEX INC

Technology·Software - Application

0.22%

of portfolio

Number of shares

150,000 sh

Holdings current value

$17.19M

Avg closing price

$54.01

Last action

New holding

2022Q2

Current —

LBRDALIBERTY BROADBAND CORP

Communication Services·Telecom Services

0.21%

of portfolio

Number of shares

205,250 sh

Holdings current value

$16.86M

Avg closing price

$70.90

Last action

Exited

2023Q4

Current —

BKBANK NEW YORK MELLON CORP

Financial Services·Banks - Diversified

0.21%

of portfolio

Number of shares

365,250 sh

Holdings current value

$16.60M

Avg closing price

$42.14

+219.9%

Last action

Trimmed 40.0%

2023Q4

Current $134.84

CCKCROWN HLDGS INC

Consumer Cyclical·Packaging & Containers

0.20%

of portfolio

Number of shares

188,000 sh

Holdings current value

$15.55M

Avg closing price

$70.03

+48.9%

Last action

Added 13.6%

2025Q4

Current $104.28

LSXMKUSDLIBERTY MEDIA CORP DELTRK

0.19%

of portfolio

Number of shares

522,000 sh

Holdings current value

$14.61M

Avg closing price

$30.87

Last action

Exited

2023Q3

Current —

ALLALLSTATE CORP

Financial Services·Insurance - Property & Casualty

0.18%

of portfolio

Number of shares

128,550 sh

Holdings current value

$14.24M

Avg closing price

$116.93

+82.9%

Last action

Added 11.3%

2023Q4

Current $213.87

LBRDKLIBERTY BROADBAND CORP

Communication Services·Telecom Services

0.18%

of portfolio

Number of shares

172,113 sh

Holdings current value

$14.06M

Avg closing price

$57.95

-5.0%

Last action

Exited

2023Q4

Current $55.04

HXLHEXCEL CORP NEW

Industrials·Aerospace & Defense

0.16%

of portfolio

Number of shares

189,000 sh

Holdings current value

$12.90M

Avg closing price

$62.54

+32.7%

Last action

New holding

2022Q2

Current $82.99

CBRLCRACKER BARREL OLD CTRY STOR

Consumer Cyclical·Restaurants

0.16%

of portfolio

Number of shares

110,000 sh

Holdings current value

$12.50M

Avg closing price

$43.84

Last action

Exited

2024Q3

Current —

LM03LIBERTY MEDIA CORP DELTRK

0.15%

of portfolio

Number of shares

426,000 sh

Holdings current value

$11.97M

Avg closing price

$31.36

Last action

Exited

2023Q3

Current —

PMPHILIP MORRIS INTL INC

Consumer Defensive·Tobacco

0.14%

of portfolio

Number of shares

114,500 sh

Holdings current value

$11.14M

Avg closing price

$98.11

+59.2%

Last action

New holding

2022Q2

Current $156.24

CARRCARRIER GLOBAL CORPORATION

Industrials·Building Products & Equipment

0.14%

of portfolio

Number of shares

235,000 sh

Holdings current value

$10.75M

Avg closing price

$23.29

+156.3%

Last action

New holding

2022Q2

Current $59.71

OIO-I GLASS INC

Consumer Cyclical·Packaging & Containers

0.14%

of portfolio

Number of shares

468,900 sh

Holdings current value

$10.65M

Avg closing price

$13.02

-20.0%

Last action

Exited

2025Q3

Current $10.41

AMTAMERICAN TOWER CORP NEWREIT

Real Estate·REIT - Specialty

0.13%

of portfolio

Number of shares

51,910 sh

Holdings current value

$10.61M

Avg closing price

$150.56

+18.6%

Last action

Exited

2024Q4

Current $178.60

SMGSCOTTS MIRACLE-GRO CO

Basic Materials·Agricultural Inputs

0.13%

of portfolio

Number of shares

149,735 sh

Holdings current value

$10.44M

Avg closing price

$48.47

+28.8%

Last action

Added 8.7%

2024Q1

Current $62.44

EAELECTRONIC ARTS INC

Communication Services·Electronic Gaming & Multimedia

0.12%

of portfolio

Number of shares

80,800 sh

Holdings current value

$9.73M

Avg closing price

$96.66

+110.4%

Last action

Exited

2024Q3

Current $203.37

OTISOTIS WORLDWIDE CORP

Industrials·Specialty Industrial Machinery

0.12%

of portfolio

Number of shares

114,620 sh

Holdings current value

$9.67M

Avg closing price

$57.20

+41.1%

Last action

New holding

2022Q2

Current $80.69

SONYSONY GROUP CORPORATIONADR

Technology·Consumer Electronics

0.12%

of portfolio

Number of shares

105,121 sh

Holdings current value

$9.53M

Avg closing price

$29.07

Last action

Added

2024Q4

Current —

100

WFCWELLS FARGO CO NEW

Financial Services·Banks - Diversified

0.10%

of portfolio

Number of shares

204,450 sh

Holdings current value

$7.64M

Avg closing price

$47.72

+70.3%

Last action

Added 2.0%

2022Q4

Current $81.25

101

HCSGHEALTHCARE SVCS GROUP INC

Healthcare·Medical Care Facilities

0.09%

of portfolio

Number of shares

508,000 sh

Holdings current value

$7.05M

Avg closing price

$25.34

Last action

Exited

2023Q3

Current —

102

MRVLMARVELL TECHNOLOGY INC

Technology·Semiconductors

0.09%

of portfolio

Number of shares

160,000 sh

Holdings current value

$6.93M

Avg closing price

$36.47

+265.7%

Last action

Exited

2023Q2

Current $133.37

103

CECELANESE CORP DEL

Basic Materials·Chemicals

0.09%

of portfolio

Number of shares

62,800 sh

Holdings current value

$6.84M

Avg closing price

$94.36

-27.6%

Last action

Exited

2025Q3

Current $68.34

104

TRUTRANSUNION

Financial Services·Financial Data & Stock Exchanges

0.08%

of portfolio

Number of shares

101,050 sh

Holdings current value

$6.28M

Avg closing price

$70.43

+7.4%

Last action

Trimmed 49.5%

2025Q4

Current $75.64

105

TGTTARGET CORP

Consumer Defensive·Discount Stores

0.07%

of portfolio

Number of shares

31,000 sh

Holdings current value

$5.13M

Avg closing price

$141.27

-12.3%

Last action

Added 63.2%

2024Q1

Current $123.91

106

SHOPSHOPIFY INC

Technology·Software - Application

0.06%

of portfolio

Number of shares

102,750 sh

Holdings current value

$4.93M

Avg closing price

$22.39

+466.9%

Last action

Added 10.8%

2022Q4

Current $126.94

107

G7496G103RENAISSANCERE HLDGS LTD

0.06%

of portfolio

Number of shares

24,000 sh

Holdings current value

$4.81M

Avg closing price

$193.03

Last action

Added 65.5%

2024Q1

Current —

108

TMOTHERMO FISHER SCIENTIFIC INC

Healthcare·Diagnostics & Research

0.06%

of portfolio

Number of shares

8,200 sh

Holdings current value

$4.73M

Avg closing price

$522.02

-1.2%

Last action

Added 583.3%

2025Q4

Current $516.00

109

PYPLPAYPAL HLDGS INC

Financial Services·Credit Services

0.06%

of portfolio

Number of shares

59,877 sh

Holdings current value

$4.55M

Avg closing price

$60.13

-17.2%

Last action

Exited

2023Q2

Current $49.81

110

COFCAPITAL ONE FINL CORP

Financial Services·Credit Services

0.06%

of portfolio

Number of shares

46,000 sh

Holdings current value

$4.42M

Avg closing price

$98.96

+102.8%

Last action

Added 2.2%

2023Q4

Current $200.71

111

EMNEASTMAN CHEM CO

Basic Materials·Specialty Chemicals

0.05%

of portfolio

Number of shares

49,950 sh

Holdings current value

$4.21M

Avg closing price

$82.79

-11.4%

Last action

Added 4.2%

2023Q4

Current $73.35

112

LPLALPL FINL HLDGS INC

Financial Services·Capital Markets

0.05%

of portfolio

Number of shares

19,670 sh

Holdings current value

$3.98M

Avg closing price

$240.60

+29.9%

Last action

Added 50.8%

2025Q4

Current $312.57

113

KMXCARMAX INC

Consumer Cyclical·Auto & Truck Dealerships

0.05%

of portfolio

Number of shares

56,000 sh

Holdings current value

$3.60M

Avg closing price

$68.91

-41.2%

Last action

Added 30.2%

2024Q2

Current $40.49

114

G5480U104LIBERTY GLOBAL PLC

0.04%

of portfolio

Number of shares

179,000 sh

Holdings current value

$3.49M

Avg closing price

$35.61

Last action

Exited

2023Q4

Current —

115

SPOTSPOTIFY TECHNOLOGY S A

Communication Services·Internet Content & Information

0.04%

of portfolio

Number of shares

25,900 sh

Holdings current value

$3.46M

Avg closing price

$98.72

+438.3%

Last action

New holding

2022Q2

Current $531.45

116

ICEINTERCONTINENTAL EXCHANGE IN

Financial Services·Financial Data & Stock Exchanges

0.04%

of portfolio

Number of shares

33,077 sh

Holdings current value

$3.45M

Avg closing price

$139.65

+17.3%

Last action

Added 85.5%

2025Q4

Current $163.75

117

GHCGRAHAM HLDGS CO

Consumer Defensive·Education & Training Services

0.04%

of portfolio

Number of shares

5,200 sh

Holdings current value

$3.10M

Avg closing price

$480.00

+133.9%

Last action

New holding

2022Q2

Current $1123

118

VNTVONTIER CORPORATION

Technology·Scientific & Technical Instruments

0.04%

of portfolio

Number of shares

110,853 sh

Holdings current value

$3.03M

Avg closing price

$15.45

+136.1%

Last action

Exited

2023Q4

Current $36.47

119

IQVIQVIA HLDGS INC

Healthcare·Diagnostics & Research

0.04%

of portfolio

Number of shares

14,659 sh

Holdings current value

$2.92M

Avg closing price

$215.11

-20.1%

Last action

Trimmed 15.8%

2025Q3

Current $171.95

120

BALLBALL CORP

Consumer Cyclical·Packaging & Containers

0.04%

of portfolio

Number of shares

51,000 sh

Holdings current value

$2.81M

Avg closing price

$67.12

Last action

Exited

2025Q3

Current —

121

WRBBERKLEY W R CORP

Financial Services·Insurance - Property & Casualty

0.03%

of portfolio

Number of shares

40,500 sh

Holdings current value

$2.52M

Avg closing price

$63.93

Last action

Added 100.0%

2024Q3

Current —

122

IFFINTERNATIONAL FLAVORS&FRAGRA

Basic Materials·Specialty Chemicals

0.03%

of portfolio

Number of shares

23,000 sh

Holdings current value

$2.12M

Avg closing price

$125.10

-42.4%

Last action

Exited

2024Q1

Current $72.06

123

G96629103WILLIS TOWERS WATSON PLC LTD

0.03%

of portfolio

Number of shares

8,627 sh

Holdings current value

$2.00M

Avg closing price

$207.62

Last action

Exited

2025Q3

Current —

124

G16250105BROOKFIELD REINS LTD

0.03%

of portfolio

Number of shares

60,101 sh

Holdings current value

$1.98M

Avg closing price

$31.29

Last action

Exited

2024Q3

Current —

125

ITGARTNER INC

Technology·Information Technology Services

0.02%

of portfolio

Number of shares

5,700 sh

Holdings current value

$1.86M

Avg closing price

$198.21

-21.5%

Last action

Exited

2025Q3

Current $155.53

126

SKWDSKYWARD SPECIALTY INS GROUP

Financial Services·Insurance - Property & Casualty

0.02%

of portfolio

Number of shares

60,064 sh

Holdings current value

$1.31M

Avg closing price

$21.87

Last action

Exited

2023Q3

Current —

127

CSGPCOSTAR GROUP INC

Real Estate·Real Estate Services

0.02%

of portfolio

Number of shares

18,600 sh

Holdings current value

$1.28M

Avg closing price

$60.38

-33.7%

Last action

Exited

2025Q3

Current $40.04

128

405166117HAGERTY INC

0.02%

of portfolio

Number of shares

540,000 sh

Holdings current value

$1.23M

Avg closing price

$4.39

Last action

Exited

2024Q3

Current —

129

INTUINTUIT

Technology·Software - Application

0.02%

of portfolio

Number of shares

2,720 sh

Holdings current value

$1.21M

Avg closing price

$501.10

-22.7%

Last action

Exited

2025Q3

Current $387.11

130

DNBDUN & BRADSTREET HLDGS INC

0.01%

of portfolio

Number of shares

80,000 sh

Holdings current value

$939.2K

Avg closing price

$11.98

Last action

Exited

2024Q4

Current —

131

LAMRLAMAR ADVERTISING CO NEWREIT

Real Estate·REIT - Specialty

0.01%

of portfolio

Number of shares

8,500 sh

Holdings current value

$849.1K

Avg closing price

$111.60

Last action

Added

2025Q4

Current —

Portfolio heatmap

Box size = % of portfolio · color = return since filing

Sector exposure

Share of dollar value across the latest reported portfolio. Unclassified positions excluded.

Financial Services33 pos$2.03B32.1%
Industrials19 pos$1.04B16.5%
Consumer Cyclical13 pos$892.7M14.1%
Technology12 pos$754.7M11.9%
Communication Services10 pos$695.7M11.0%
Consumer Defensive9 pos$500.8M7.9%
Healthcare6 pos$305.1M4.8%
Basic Materials6 pos$90.2M1.4%
Real Estate3 pos$12.7M0.2%

(19.6% unclassified, excluded from %)