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 14.3% 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+14.3%3Y+67.9%5Y+37.2%Full performance →

Quarter

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

Holdings

Sorted by value · 2024Q3

Sector132 positions

BRK.ABERKSHIRE HATHAWAY INC DEL

6.93%

of portfolio

Number of shares

1,114 sh

Holdings current value

$769.97M

Avg closing price

$215657

Last action

New holding

2022Q2

Current —

BRK.BBERKSHIRE HATHAWAY INC DEL

6.35%

of portfolio

Number of shares

1,531,971 sh

Holdings current value

$705.10M

Avg closing price

$142.65

Last action

New holding

2022Q2

Current —

BNBROOKFIELD CORP

Financial Services·Asset Management

4.17%

of portfolio

Number of shares

8,715,741 sh

Holdings current value

$463.24M

Avg closing price

$36.27

+26.7%

Last action

Added 100.0%

2025Q4

Current $45.95

GOOGALPHABET INC

Communication Services·Internet Content & Information

4.14%

of portfolio

Number of shares

2,749,860 sh

Holdings current value

$459.75M

Avg closing price

$45.22

+635.9%

Last action

Added 1900.0%

2022Q3

Current $332.77

AMZNAMAZON COM INC

Consumer Cyclical·Internet Retail

3.41%

of portfolio

Number of shares

2,030,760 sh

Holdings current value

$378.39M

Avg closing price

$149.14

+67.4%

Last action

Added 0.3%

2023Q4

Current $249.70

HDHOME DEPOT INC

Consumer Cyclical·Home Improvement Retail

3.36%

of portfolio

Number of shares

920,000 sh

Holdings current value

$372.78M

Avg closing price

$133.43

Last action

New holding

2022Q2

Current —

DEDEERE & CO

Industrials·Farm & Heavy Construction Machinery

3.26%

of portfolio

Number of shares

869,100 sh

Holdings current value

$362.70M

Avg closing price

$122.39

+377.3%

Last action

Added 0.0%

2025Q2

Current $584.19

WSOWATSCO INC

Industrials·Industrial Distribution

2.58%

of portfolio

Number of shares

582,500 sh

Holdings current value

$286.52M

Avg closing price

$201.03

Last action

Added 2.2%

2025Q4

Current —

AAPLAPPLE INC

Technology·Consumer Electronics

2.57%

of portfolio

Number of shares

1,227,290 sh

Holdings current value

$285.96M

Avg closing price

$129.19

+109.2%

Last action

Added 0.0%

2024Q2

Current $270.23

VVISA INC

Financial Services·Credit Services

2.47%

of portfolio

Number of shares

999,285 sh

Holdings current value

$274.75M

Avg closing price

$87.28

+261.0%

Last action

Added 1.0%

2023Q3

Current $315.10

ADIANALOG DEVICES INC

Technology·Semiconductors

2.42%

of portfolio

Number of shares

1,167,671 sh

Holdings current value

$268.76M

Avg closing price

$101.28

+249.3%

Last action

Trimmed 11.0%

2025Q4

Current $353.80

NVONOVO-NORDISK A SADR

Healthcare·Drug Manufacturers - General

2.30%

of portfolio

Number of shares

2,150,000 sh

Holdings current value

$256.00M

Avg closing price

$67.99

-39.8%

Last action

Added 30.4%

2025Q4

Current $40.93

MSFTMICROSOFT CORP

Technology·Software - Infrastructure

1.99%

of portfolio

Number of shares

514,980 sh

Holdings current value

$221.60M

Avg closing price

$115.47

+266.1%

Last action

Added 0.7%

2025Q4

Current $422.79

BLKCHFBLACKROCK INC

1.88%

of portfolio

Number of shares

220,200 sh

Holdings current value

$209.08M

Avg closing price

$372.36

Last action

Exited

2024Q4

Current —

DISDISNEY WALT CO

Communication Services·Entertainment

1.76%

of portfolio

Number of shares

2,031,665 sh

Holdings current value

$195.43M

Avg closing price

$99.24

Last action

Added 0.1%

2023Q4

Current —

DEODIAGEO PLCADR

Consumer Defensive·Beverages - Wineries & Distilleries

1.73%

of portfolio

Number of shares

1,366,708 sh

Holdings current value

$191.80M

Avg closing price

$108.47

-26.2%

Last action

Added 0.4%

2025Q4

Current $80.04

PGRPROGRESSIVE CORP

Financial Services·Insurance - Property & Casualty

1.72%

of portfolio

Number of shares

753,750 sh

Holdings current value

$191.27M

Avg closing price

$71.90

+183.0%

Last action

New holding

2022Q2

Current $203.47

KKRKKR & CO INC

Financial Services·Asset Management

1.71%

of portfolio

Number of shares

1,451,800 sh

Holdings current value

$189.58M

Avg closing price

$28.28

+260.7%

Last action

Added 0.2%

2023Q3

Current $102.02

BXBLACKSTONE INC

Financial Services·Asset Management

1.69%

of portfolio

Number of shares

1,229,000 sh

Holdings current value

$188.20M

Avg closing price

$48.92

+161.9%

Last action

New holding

2022Q2

Current $128.13

LOWLOWES COS INC

Consumer Cyclical·Home Improvement Retail

1.68%

of portfolio

Number of shares

690,480 sh

Holdings current value

$187.02M

Avg closing price

$105.14

Last action

Added 1.1%

2025Q4

Current —

RLIRLI CORP

Financial Services·Insurance - Property & Casualty

1.67%

of portfolio

Number of shares

1,197,272 sh

Holdings current value

$185.55M

Avg closing price

$73.60

Last action

Added

2025Q1

Current —

GSGOLDMAN SACHS GROUP INC

Financial Services·Capital Markets

1.60%

of portfolio

Number of shares

359,360 sh

Holdings current value

$177.92M

Avg closing price

$203.20

+342.9%

Last action

Added 0.6%

2022Q4

Current $900.00

MRSHMARSH & MCLENNAN COS INC

Financial Services·Insurance Brokers

1.45%

of portfolio

Number of shares

722,500 sh

Holdings current value

$161.18M

Avg closing price

$86.87

+110.2%

Last action

Added 0.9%

2025Q4

Current $182.57

METAMETA PLATFORMS INC

Communication Services·Internet Content & Information

1.42%

of portfolio

Number of shares

275,231 sh

Holdings current value

$157.55M

Avg closing price

$176.20

+284.1%

Last action

Trimmed 10.4%

2025Q4

Current $676.87

TXNTEXAS INSTRS INC

Technology·Semiconductors

1.35%

of portfolio

Number of shares

724,000 sh

Holdings current value

$149.56M

Avg closing price

$80.83

Last action

New holding

2022Q2

Current —

AXPAMERICAN EXPRESS CO

Financial Services·Credit Services

1.18%

of portfolio

Number of shares

484,250 sh

Holdings current value

$131.33M

Avg closing price

$76.00

+328.6%

Last action

Added 0.9%

2025Q4

Current $325.76

APOAPOLLO GLOBAL MGMT INC

Financial Services·Asset Management

1.14%

of portfolio

Number of shares

1,012,500 sh

Holdings current value

$126.47M

Avg closing price

$48.48

Last action

New holding

2022Q2

Current —

CATCATERPILLAR INC

Industrials·Farm & Heavy Construction Machinery

1.12%

of portfolio

Number of shares

318,750 sh

Holdings current value

$124.67M

Avg closing price

$109.71

+604.3%

Last action

Added 0.2%

2025Q2

Current $772.66

LPLALPL FINL HLDGS INC

Financial Services·Capital Markets

1.09%

of portfolio

Number of shares

520,404 sh

Holdings current value

$121.06M

Avg closing price

$240.60

+29.9%

Last action

Added 1.3%

2025Q4

Current $312.57

GDGENERAL DYNAMICS CORP

Industrials·Aerospace & Defense

1.06%

of portfolio

Number of shares

391,000 sh

Holdings current value

$118.16M

Avg closing price

$132.29

+153.2%

Last action

New holding

2022Q2

Current $334.92

NVRNVR INC

Consumer Cyclical·Residential Construction

1.03%

of portfolio

Number of shares

11,704 sh

Holdings current value

$114.84M

Avg closing price

$3847

Last action

Added 0.9%

2025Q4

Current —

BAMBROOKFIELD ASSET MANAGMT LTD

Financial Services·Asset Management

0.93%

of portfolio

Number of shares

2,193,953 sh

Holdings current value

$103.75M

Avg closing price

$28.67

Last action

Trimmed 0.0%

2023Q2

Current —

MAMASTERCARD INCORPORATED

Financial Services·Credit Services

0.92%

of portfolio

Number of shares

207,540 sh

Holdings current value

$102.48M

Avg closing price

$119.68

+333.3%

Last action

New holding

2022Q2

Current $518.54

MCOMOODYS CORP

Financial Services·Financial Data & Stock Exchanges

0.91%

of portfolio

Number of shares

213,890 sh

Holdings current value

$101.51M

Avg closing price

$104.30

Last action

Added 0.2%

2022Q4

Current —

JNJJOHNSON & JOHNSON

Healthcare·Drug Manufacturers - General

0.89%

of portfolio

Number of shares

610,800 sh

Holdings current value

$98.99M

Avg closing price

$108.20

+116.8%

Last action

New holding

2022Q2

Current $234.54

GOOGLALPHABET INC

Communication Services·Internet Content & Information

0.83%

of portfolio

Number of shares

555,000 sh

Holdings current value

$92.05M

Avg closing price

$73.96

+354.3%

Last action

Added 2.8%

2025Q2

Current $336.02

SCHWSCHWAB CHARLES CORP

Financial Services·Capital Markets

0.79%

of portfolio

Number of shares

1,350,800 sh

Holdings current value

$87.55M

Avg closing price

$35.63

+159.9%

Last action

Added 0.8%

2025Q4

Current $92.62

ADMARCHER DANIELS MIDLAND CO

Consumer Defensive·Farm Products

0.79%

of portfolio

Number of shares

1,463,300 sh

Holdings current value

$87.42M

Avg closing price

$37.34

Last action

Trimmed 4.4%

2025Q3

Current —

ITWILLINOIS TOOL WKS INC

Industrials·Specialty Industrial Machinery

0.77%

of portfolio

Number of shares

327,500 sh

Holdings current value

$85.83M

Avg closing price

$120.12

+121.1%

Last action

New holding

2022Q2

Current $265.61

MSCIMSCI INC

Financial Services·Financial Data & Stock Exchanges

0.75%

of portfolio

Number of shares

142,850 sh

Holdings current value

$83.27M

Avg closing price

$86.63

+552.1%

Last action

Added 0.3%

2022Q4

Current $564.90

SPGIS&P GLOBAL INC

Financial Services·Financial Data & Stock Exchanges

0.70%

of portfolio

Number of shares

150,690 sh

Holdings current value

$77.85M

Avg closing price

$112.00

+290.0%

Last action

Added 0.3%

2022Q4

Current $436.79

HEI/AHEICO CORP NEW

0.70%

of portfolio

Number of shares

379,644 sh

Holdings current value

$77.36M

Avg closing price

$76.32

Last action

Added 2.4%

2023Q2

Current —

G54950103LINDE PLC

0.67%

of portfolio

Number of shares

155,000 sh

Holdings current value

$73.91M

Avg closing price

$394.36

Last action

Added 4.9%

2025Q4

Current —

ROLROLLINS INC

Consumer Cyclical·Personal Services

0.66%

of portfolio

Number of shares

1,453,275 sh

Holdings current value

$73.51M

Avg closing price

$36.98

+47.3%

Last action

Added 0.9%

2025Q4

Current $54.49

ECLECOLAB INC

Basic Materials·Specialty Chemicals

0.63%

of portfolio

Number of shares

274,300 sh

Holdings current value

$70.04M

Avg closing price

$128.50

+109.5%

Last action

New holding

2022Q2

Current $269.23

DGDOLLAR GEN CORP NEW

Consumer Defensive·Discount Stores

0.56%

of portfolio

Number of shares

742,250 sh

Holdings current value

$62.77M

Avg closing price

$156.55

-21.1%

Last action

Added 4.7%

2025Q1

Current $123.47

ODFLOLD DOMINION FREIGHT LINE IN

Industrials·Trucking

0.53%

of portfolio

Number of shares

295,000 sh

Holdings current value

$58.60M

Avg closing price

$209.27

+2.1%

Last action

Added 27.1%

2025Q4

Current $213.57

SBUXSTARBUCKS CORP

Consumer Cyclical·Restaurants

0.53%

of portfolio

Number of shares

600,318 sh

Holdings current value

$58.53M

Avg closing price

$64.81

+51.8%

Last action

Added 1.1%

2025Q1

Current $98.36

CGCARLYLE GROUP INC

Financial Services·Asset Management

0.51%

of portfolio

Number of shares

1,327,000 sh

Holdings current value

$57.14M

Avg closing price

$20.90

Last action

Added 1.5%

2022Q4

Current —

NOCNORFOLK SOUTHN CORP

Industrials·Railroads

0.51%

of portfolio

Number of shares

229,500 sh

Holdings current value

$57.03M

Avg closing price

$116.47

+477.6%

Last action

Added 8.0%

2025Q4

Current $672.77

G1151C101ACCENTURE PLC IRELAND

0.51%

of portfolio

Number of shares

159,400 sh

Holdings current value

$56.34M

Avg closing price

$116.68

Last action

New holding

2022Q2

Current —

FDSFACTSET RESH SYS INC

Financial Services·Financial Data & Stock Exchanges

0.48%

of portfolio

Number of shares

116,720 sh

Holdings current value

$53.67M

Avg closing price

$158.07

+46.7%

Last action

Added 4.6%

2025Q4

Current $231.85

FDXFEDEX CORP

Industrials·Integrated Freight & Logistics

0.48%

of portfolio

Number of shares

195,000 sh

Holdings current value

$53.37M

Avg closing price

$225.78

+68.7%

Last action

Exited

2025Q4

Current $380.88

JPMJPMORGAN CHASE & CO

Financial Services·Banks - Diversified

0.48%

of portfolio

Number of shares

252,550 sh

Holdings current value

$53.25M

Avg closing price

$80.60

Last action

Added 4.6%

2023Q4

Current —

ITICINVESTORS TITLE CO NC

Financial Services·Insurance - Specialty

0.44%

of portfolio

Number of shares

213,300 sh

Holdings current value

$49.02M

Avg closing price

$91.07

Last action

New holding

2022Q2

Current —

TSNTYSON FOODS INC

Consumer Defensive·Farm Products

0.42%

of portfolio

Number of shares

789,500 sh

Holdings current value

$47.02M

Avg closing price

$61.20

+4.6%

Last action

Added 4.8%

2025Q4

Current $63.99

CMCSACOMCAST CORP NEW

Communication Services·Telecom Services

0.41%

of portfolio

Number of shares

1,081,241 sh

Holdings current value

$45.16M

Avg closing price

$36.82

-20.3%

Last action

Trimmed 9.9%

2024Q4

Current $29.35

FNVFRANCO NEV CORP

Basic Materials·Gold

0.39%

of portfolio

Number of shares

345,500 sh

Holdings current value

$42.93M

Avg closing price

$140.14

Last action

Added 29.2%

2025Q4

Current —

ROKROCKWELL AUTOMATION INC

Industrials·Specialty Industrial Machinery

0.37%

of portfolio

Number of shares

154,900 sh

Holdings current value

$41.58M

Avg closing price

$144.80

+178.2%

Last action

New holding

2022Q2

Current $402.81

G0403H108AON PLC

0.37%

of portfolio

Number of shares

120,150 sh

Holdings current value

$41.57M

Avg closing price

$269.42

Last action

Added 3.7%

2025Q4

Current —

BF/ABROWN FORMAN CORP

0.36%

of portfolio

Number of shares

843,000 sh

Holdings current value

$40.53M

Avg closing price

$78.22

Last action

New holding

2022Q2

Current —

MMM3M CO

Industrials·Conglomerates

0.36%

of portfolio

Number of shares

293,750 sh

Holdings current value

$40.16M

Avg closing price

$160.06

-5.9%

Last action

Exited

2025Q3

Current $150.55

VRSKVERISK ANALYTICS INC

Industrials·Consulting Services

0.35%

of portfolio

Number of shares

144,950 sh

Holdings current value

$38.84M

Avg closing price

$150.12

+18.8%

Last action

Added 8.2%

2024Q4

Current $178.31

NKENIKE INC

Consumer Cyclical·Footwear & Accessories

0.34%

of portfolio

Number of shares

428,900 sh

Holdings current value

$37.91M

Avg closing price

$64.78

-29.5%

Last action

Added 0.5%

2025Q2

Current $45.70

THGHANOVER INS GROUP INC

Financial Services·Insurance - Property & Casualty

0.34%

of portfolio

Number of shares

254,000 sh

Holdings current value

$37.62M

Avg closing price

$122.86

+45.2%

Last action

Added 0.4%

2025Q2

Current $178.35

SHWSHERWIN WILLIAMS CO

Basic Materials·Specialty Chemicals

0.32%

of portfolio

Number of shares

94,172 sh

Holdings current value

$35.94M

Avg closing price

$321.50

+3.7%

Last action

New holding

2022Q2

Current $333.34

COSTCOSTCO WHSL CORP NEW

Consumer Defensive·Discount Stores

0.31%

of portfolio

Number of shares

39,150 sh

Holdings current value

$34.71M

Avg closing price

$158.00

+524.8%

Last action

New holding

2022Q2

Current $987.21

TROWPRICE T ROWE GROUP INC

Financial Services·Asset Management

0.31%

of portfolio

Number of shares

314,000 sh

Holdings current value

$34.20M

Avg closing price

$73.37

+30.5%

Last action

New holding

2022Q2

Current $95.75

LMTLOCKHEED MARTIN CORP

Industrials·Aerospace & Defense

0.30%

of portfolio

Number of shares

56,363 sh

Holdings current value

$32.95M

Avg closing price

$465.09

+30.6%

Last action

Added 4.2%

2025Q4

Current $607.49

HGTYHAGERTY INC

Financial Services·Insurance - Property & Casualty

0.27%

of portfolio

Number of shares

3,000,000 sh

Holdings current value

$30.51M

Avg closing price

$9.37

Last action

Added 3.7%

2024Q4

Current —

ALLALLSTATE CORP

Financial Services·Insurance - Property & Casualty

0.26%

of portfolio

Number of shares

154,550 sh

Holdings current value

$29.31M

Avg closing price

$116.93

+82.9%

Last action

Added 9.2%

2023Q4

Current $213.87

755130000RTX CORPORATION

0.24%

of portfolio

Number of shares

224,000 sh

Holdings current value

$27.14M

Avg closing price

$121.16

Last action

Exited

2024Q4

Current —

BF/BBROWN FORMAN CORP

0.21%

of portfolio

Number of shares

474,187 sh

Holdings current value

$23.33M

Avg closing price

$62.65

Last action

New holding

2022Q2

Current —

TMOTHERMO FISHER SCIENTIFIC INC

Healthcare·Diagnostics & Research

0.20%

of portfolio

Number of shares

35,400 sh

Holdings current value

$21.90M

Avg closing price

$522.02

-1.2%

Last action

Added 24.6%

2025Q4

Current $516.00

YUMYUM BRANDS INC

Consumer Cyclical·Restaurants

0.20%

of portfolio

Number of shares

156,502 sh

Holdings current value

$21.86M

Avg closing price

$137.77

Last action

Added 0.6%

2025Q2

Current —

EFXEQUIFAX INC

Industrials·Consulting Services

0.19%

of portfolio

Number of shares

72,850 sh

Holdings current value

$21.41M

Avg closing price

$154.39

+23.3%

Last action

Trimmed 25.5%

2024Q3

Current $190.38

UNPUNION PAC CORP

Industrials·Railroads

0.19%

of portfolio

Number of shares

85,778 sh

Holdings current value

$21.14M

Avg closing price

$141.70

+77.2%

Last action

Added 20.3%

2025Q4

Current $251.07

URIUNITED RENTALS INC

Industrials·Rental & Leasing Services

0.19%

of portfolio

Number of shares

25,950 sh

Holdings current value

$21.01M

Avg closing price

$655.22

Last action

Added 6.1%

2025Q1

Current —

CABOCABLE ONE INC

Communication Services·Telecom Services

0.19%

of portfolio

Number of shares

60,050 sh

Holdings current value

$21.00M

Avg closing price

$593.56

Last action

Exited

2025Q2

Current —

TGTTARGET CORP

Consumer Defensive·Discount Stores

0.19%

of portfolio

Number of shares

133,000 sh

Holdings current value

$20.73M

Avg closing price

$141.27

-12.3%

Last action

Added 9.9%

2024Q1

Current $123.91

HCAHCA HEALTHCARE INC

Healthcare·Medical Care Facilities

0.19%

of portfolio

Number of shares

50,930 sh

Holdings current value

$20.70M

Avg closing price

$351.23

+37.5%

Last action

Added 12.0%

2025Q4

Current $482.97

PAYXPAYCHEX INC

Technology·Software - Application

0.18%

of portfolio

Number of shares

150,000 sh

Holdings current value

$20.13M

Avg closing price

$54.01

Last action

New holding

2022Q2

Current —

G7496G103RENAISSANCERE HLDGS LTD

0.17%

of portfolio

Number of shares

70,000 sh

Holdings current value

$19.07M

Avg closing price

$193.03

Last action

Added 15.7%

2024Q1

Current —

CARRCARRIER GLOBAL CORPORATION

Industrials·Building Products & Equipment

0.17%

of portfolio

Number of shares

235,000 sh

Holdings current value

$18.92M

Avg closing price

$23.29

+156.3%

Last action

New holding

2022Q2

Current $59.71

CSCOCISCO SYS INC

Technology·Communication Equipment

0.16%

of portfolio

Number of shares

342,000 sh

Holdings current value

$18.20M

Avg closing price

$31.46

+168.6%

Last action

Added 1.8%

2025Q3

Current $84.50

CCKCROWN HLDGS INC

Consumer Cyclical·Packaging & Containers

0.16%

of portfolio

Number of shares

189,500 sh

Holdings current value

$18.17M

Avg closing price

$70.03

+48.9%

Last action

Added 13.5%

2025Q4

Current $104.28

WHRWHIRLPOOL CORP

Consumer Cyclical·Furnishings, Fixtures & Appliances

0.15%

of portfolio

Number of shares

157,619 sh

Holdings current value

$16.87M

Avg closing price

$131.31

Last action

Exited

2024Q4

Current —

FERGFERGUSON ENTERPRISES INC

Industrials·Industrial Distribution

0.15%

of portfolio

Number of shares

84,500 sh

Holdings current value

$16.78M

Avg closing price

$197.06

+30.4%

Last action

Added 24.3%

2025Q4

Current $257.05

PEPPEPSICO INC

Consumer Defensive·Beverages - Non-Alcoholic

0.15%

of portfolio

Number of shares

96,210 sh

Holdings current value

$16.36M

Avg closing price

$102.93

+53.9%

Last action

New holding

2022Q2

Current $158.38

APDAIR PRODS & CHEMS INC

Basic Materials·Specialty Chemicals

0.14%

of portfolio

Number of shares

52,000 sh

Holdings current value

$15.48M

Avg closing price

$267.36

+11.2%

Last action

Added 14.3%

2025Q4

Current $297.24

CHHCHOICE HOTELS INTL INC

Consumer Cyclical·Lodging

0.14%

of portfolio

Number of shares

115,500 sh

Holdings current value

$15.05M

Avg closing price

$118.65

-0.5%

Last action

Added 4.5%

2024Q3

Current $118.05

LAMRLAMAR ADVERTISING CO NEWREIT

Real Estate·REIT - Specialty

0.13%

of portfolio

Number of shares

111,000 sh

Holdings current value

$14.83M

Avg closing price

$111.60

Last action

Added 15.6%

2025Q4

Current —

SMGSCOTTS MIRACLE-GRO CO

Basic Materials·Agricultural Inputs

0.13%

of portfolio

Number of shares

168,000 sh

Holdings current value

$14.57M

Avg closing price

$48.47

+28.8%

Last action

Added 7.7%

2024Q1

Current $62.44

UNHUNITEDHEALTH GROUP INC

Healthcare·Healthcare Plans

0.13%

of portfolio

Number of shares

24,064 sh

Holdings current value

$14.07M

Avg closing price

$451.51

-29.9%

Last action

Trimmed 5.9%

2025Q2

Current $316.40

IQVIQVIA HLDGS INC

Healthcare·Diagnostics & Research

0.13%

of portfolio

Number of shares

58,726 sh

Holdings current value

$13.92M

Avg closing price

$215.11

-20.1%

Last action

Trimmed 4.5%

2025Q3

Current $171.95

PMPHILIP MORRIS INTL INC

Consumer Defensive·Tobacco

0.13%

of portfolio

Number of shares

114,500 sh

Holdings current value

$13.90M

Avg closing price

$98.11

+59.2%

Last action

New holding

2022Q2

Current $156.24

COFCAPITAL ONE FINL CORP

Financial Services·Credit Services

0.12%

of portfolio

Number of shares

91,000 sh

Holdings current value

$13.63M

Avg closing price

$98.96

+102.8%

Last action

Added 1.1%

2023Q4

Current $200.71

AMTAMERICAN TOWER CORP NEWREIT

Real Estate·REIT - Specialty

0.11%

of portfolio

Number of shares

51,910 sh

Holdings current value

$12.07M

Avg closing price

$150.56

+18.6%

Last action

Exited

2024Q4

Current $178.60

SEICSEI INVTS CO

Financial Services·Asset Management

0.11%

of portfolio

Number of shares

173,200 sh

Holdings current value

$11.98M

Avg closing price

$49.17

+60.5%

Last action

Trimmed 70.6%

2023Q2

Current $78.93

100

OTISOTIS WORLDWIDE CORP

Industrials·Specialty Industrial Machinery

0.11%

of portfolio

Number of shares

114,620 sh

Holdings current value

$11.91M

Avg closing price

$57.20

+41.1%

Last action

New holding

2022Q2

Current $80.69

101

HXLHEXCEL CORP NEW

Industrials·Aerospace & Defense

0.11%

of portfolio

Number of shares

189,000 sh

Holdings current value

$11.69M

Avg closing price

$62.54

+32.7%

Last action

New holding

2022Q2

Current $82.99

102

GPKGRAPHIC PACKAGING HLDG CO

Consumer Cyclical·Packaging & Containers

0.11%

of portfolio

Number of shares

394,725 sh

Holdings current value

$11.68M

Avg closing price

$27.05

-64.7%

Last action

Exited

2025Q3

Current $9.55

103

WFCWELLS FARGO CO NEW

Financial Services·Banks - Diversified

0.10%

of portfolio

Number of shares

204,450 sh

Holdings current value

$11.55M

Avg closing price

$47.72

+70.3%

Last action

Added 2.0%

2022Q4

Current $81.25

104

OIO-I GLASS INC

Consumer Cyclical·Packaging & Containers

0.10%

of portfolio

Number of shares

814,100 sh

Holdings current value

$10.68M

Avg closing price

$13.02

-20.0%

Last action

Exited

2025Q3

Current $10.41

105

TRUTRANSUNION

Financial Services·Financial Data & Stock Exchanges

0.10%

of portfolio

Number of shares

101,050 sh

Holdings current value

$10.58M

Avg closing price

$70.43

+7.4%

Last action

Trimmed 49.5%

2025Q4

Current $75.64

106

CECELANESE CORP DEL

Basic Materials·Chemicals

0.10%

of portfolio

Number of shares

77,800 sh

Holdings current value

$10.58M

Avg closing price

$94.36

-27.6%

Last action

Exited

2025Q3

Current $68.34

107

KMXCARMAX INC

Consumer Cyclical·Auto & Truck Dealerships

0.10%

of portfolio

Number of shares

136,500 sh

Holdings current value

$10.56M

Avg closing price

$68.91

-41.2%

Last action

Added 10.5%

2024Q2

Current $40.49

108

SPOTSPOTIFY TECHNOLOGY S A

Communication Services·Internet Content & Information

0.09%

of portfolio

Number of shares

25,900 sh

Holdings current value

$9.54M

Avg closing price

$98.72

+438.3%

Last action

New holding

2022Q2

Current $531.45

109

MARMARRIOTT INTL INC NEW

Consumer Cyclical·Lodging

0.08%

of portfolio

Number of shares

36,000 sh

Holdings current value

$8.95M

Avg closing price

$248.60

+45.8%

Last action

Added 84.6%

2025Q4

Current $362.42

110

BKBANK NEW YORK MELLON CORP

Financial Services·Banks - Diversified

0.08%

of portfolio

Number of shares

121,500 sh

Holdings current value

$8.73M

Avg closing price

$42.14

+219.9%

Last action

Trimmed 66.7%

2023Q4

Current $134.84

111

EMNEASTMAN CHEM CO

Basic Materials·Specialty Chemicals

0.08%

of portfolio

Number of shares

74,950 sh

Holdings current value

$8.39M

Avg closing price

$82.79

-11.4%

Last action

Added 2.7%

2023Q4

Current $73.35

112

SHOPSHOPIFY INC

Technology·Software - Application

0.07%

of portfolio

Number of shares

102,750 sh

Holdings current value

$8.23M

Avg closing price

$22.39

+466.9%

Last action

Added 10.8%

2022Q4

Current $126.94

113

HSYHERSHEY CO

Consumer Defensive·Confectioners

0.06%

of portfolio

Number of shares

36,000 sh

Holdings current value

$6.90M

Avg closing price

$169.50

+12.9%

Last action

Added 56.5%

2025Q4

Current $191.36

114

UBERUBER TECHNOLOGIES INC

Technology·Software - Application

0.06%

of portfolio

Number of shares

88,000 sh

Holdings current value

$6.61M

Avg closing price

$66.78

+14.5%

Last action

Added 23.1%

2025Q4

Current $76.48

115

SONYSONY GROUP CORPORATIONADR

Technology·Consumer Electronics

0.06%

of portfolio

Number of shares

67,000 sh

Holdings current value

$6.47M

Avg closing price

$29.07

Last action

Added

2024Q4

Current —

116

NSPINSPERITY INC

Industrials·Staffing & Employment Services

0.06%

of portfolio

Number of shares

70,143 sh

Holdings current value

$6.17M

Avg closing price

$80.10

Last action

Added 43.2%

2025Q4

Current —

117

FIXCOMFORT SYS USA INC

Industrials·Engineering & Construction

0.05%

of portfolio

Number of shares

13,000 sh

Holdings current value

$5.07M

Avg closing price

$309.09

+419.6%

Last action

Added 1200.0%

2024Q1

Current $1606

118

GHCGRAHAM HLDGS CO

Consumer Defensive·Education & Training Services

0.04%

of portfolio

Number of shares

5,200 sh

Holdings current value

$4.27M

Avg closing price

$480.00

+133.9%

Last action

New holding

2022Q2

Current $1123

119

BALLBALL CORP

Consumer Cyclical·Packaging & Containers

0.03%

of portfolio

Number of shares

51,000 sh

Holdings current value

$3.46M

Avg closing price

$67.12

Last action

Exited

2025Q3

Current —

120

WRBBERKLEY W R CORP

Financial Services·Insurance - Property & Casualty

0.03%

of portfolio

Number of shares

60,750 sh

Holdings current value

$3.45M

Avg closing price

$63.93

Last action

Added 50.0%

2024Q3

Current —

121

ITGARTNER INC

Technology·Information Technology Services

0.03%

of portfolio

Number of shares

5,700 sh

Holdings current value

$2.89M

Avg closing price

$198.21

-21.5%

Last action

Exited

2025Q3

Current $155.53

122

G96629103WILLIS TOWERS WATSON PLC LTD

0.02%

of portfolio

Number of shares

8,627 sh

Holdings current value

$2.54M

Avg closing price

$207.62

Last action

Exited

2025Q3

Current —

123

ABNBAIRBNB INC

Consumer Cyclical·Travel Services

0.02%

of portfolio

Number of shares

19,150 sh

Holdings current value

$2.43M

Avg closing price

$127.35

+8.2%

Last action

Added 219.5%

2025Q4

Current $137.81

124

DPZDOMINOS PIZZA INC

Consumer Cyclical·Restaurants

0.02%

of portfolio

Number of shares

4,500 sh

Holdings current value

$1.94M

Avg closing price

$428.25

Last action

Added 28.6%

2024Q4

Current —

125

INTUINTUIT

Technology·Software - Application

0.02%

of portfolio

Number of shares

2,720 sh

Holdings current value

$1.69M

Avg closing price

$501.10

-22.7%

Last action

Exited

2025Q3

Current $387.11

126

CSGPCOSTAR GROUP INC

Real Estate·Real Estate Services

0.01%

of portfolio

Number of shares

18,600 sh

Holdings current value

$1.40M

Avg closing price

$60.38

-33.7%

Last action

Exited

2025Q3

Current $40.04

127

ELLAUDER ESTEE COS INC

Consumer Defensive·Household & Personal Products

0.01%

of portfolio

Number of shares

14,000 sh

Holdings current value

$1.40M

Avg closing price

$98.04

-23.2%

Last action

Exited

2025Q3

Current $75.34

128

DNBDUN & BRADSTREET HLDGS INC

0.01%

of portfolio

Number of shares

115,000 sh

Holdings current value

$1.32M

Avg closing price

$11.98

Last action

Exited

2024Q4

Current —

129

BCBRUNSWICK CORP

Consumer Cyclical·Recreational Vehicles

0.01%

of portfolio

Number of shares

14,000 sh

Holdings current value

$1.17M

Avg closing price

$69.74

+10.9%

Last action

Added

2025Q4

Current $77.33

130

ICEINTERCONTINENTAL EXCHANGE IN

Financial Services·Financial Data & Stock Exchanges

0.01%

of portfolio

Number of shares

5,120 sh

Holdings current value

$822.5K

Avg closing price

$139.65

+17.3%

Last action

Added

2025Q4

Current $163.75

131

BUDANHEUSER BUSCH INBEV SA/NVADR

Consumer Defensive·Beverages - Brewers

0.01%

of portfolio

Number of shares

11,000 sh

Holdings current value

$729.2K

Avg closing price

$86.68

Last action

Exited

2025Q3

Current —

132

SOLVSOLVENTUM CORP

Healthcare·Medical Instruments & Supplies

0.00%

of portfolio

Number of shares

750 sh

Holdings current value

$52.3K

Avg closing price

$52.88

+30.3%

Last action

Exited

2024Q4

Current $68.88

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 Services32 pos$3.17B35.0%
Industrials21 pos$1.43B15.8%
Consumer Cyclical19 pos$1.35B14.8%
Technology11 pos$990.1M10.9%
Communication Services7 pos$980.5M10.8%
Consumer Defensive12 pos$488.0M5.4%
Healthcare7 pos$425.6M4.7%
Basic Materials7 pos$197.9M2.2%
Real Estate3 pos$28.3M0.3%

(18.4% unclassified, excluded from %)