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 13F filing (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 13F filings 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 · 2025Q1

Sector135 positions

BRK.ABERKSHIRE HATHAWAY INC DEL

7.90%

of portfolio

Number of shares

1,114 sh

Holdings current value

$889.46M

Avg closing price

$215657

Last action

New holding

2022Q2

Current —

BRK.BBERKSHIRE HATHAWAY INC DEL

7.25%

of portfolio

Number of shares

1,531,971 sh

Holdings current value

$815.90M

Avg closing price

$142.65

Last action

New holding

2022Q2

Current —

BNBROOKFIELD CORP

Financial Services·Asset Management

4.06%

of portfolio

Number of shares

8,715,741 sh

Holdings current value

$456.79M

Avg closing price

$36.27

+26.7%

Last action

Added 100.0%

2025Q4

Current $45.95

GOOGALPHABET INC

Communication Services·Internet Content & Information

3.81%

of portfolio

Number of shares

2,749,860 sh

Holdings current value

$429.61M

Avg closing price

$45.22

+635.9%

Last action

Added 1900.0%

2022Q3

Current $332.77

DEDEERE & CO

Industrials·Farm & Heavy Construction Machinery

3.66%

of portfolio

Number of shares

877,700 sh

Holdings current value

$411.95M

Avg closing price

$122.39

+377.3%

Last action

Added 0.0%

2025Q2

Current $584.19

AMZNAMAZON COM INC

Consumer Cyclical·Internet Retail

3.43%

of portfolio

Number of shares

2,030,760 sh

Holdings current value

$386.37M

Avg closing price

$149.14

+67.4%

Last action

Added 0.3%

2023Q4

Current $249.70

VVISA INC

Financial Services·Credit Services

3.11%

of portfolio

Number of shares

999,285 sh

Holdings current value

$350.21M

Avg closing price

$87.28

+261.0%

Last action

Added 1.0%

2023Q3

Current $315.10

HDHOME DEPOT INC

Consumer Cyclical·Home Improvement Retail

2.99%

of portfolio

Number of shares

920,000 sh

Holdings current value

$337.17M

Avg closing price

$133.43

Last action

New holding

2022Q2

Current —

WSOWATSCO INC

Industrials·Industrial Distribution

2.67%

of portfolio

Number of shares

590,500 sh

Holdings current value

$300.15M

Avg closing price

$201.03

Last action

Added 2.2%

2025Q4

Current —

AAPLAPPLE INC

Technology·Consumer Electronics

2.42%

of portfolio

Number of shares

1,227,290 sh

Holdings current value

$272.62M

Avg closing price

$129.19

+109.2%

Last action

Added 0.0%

2024Q2

Current $270.23

ADIANALOG DEVICES INC

Technology·Semiconductors

2.09%

of portfolio

Number of shares

1,167,671 sh

Holdings current value

$235.48M

Avg closing price

$101.28

+249.3%

Last action

Trimmed 11.0%

2025Q4

Current $353.80

PGRPROGRESSIVE CORP

Financial Services·Insurance - Property & Casualty

1.89%

of portfolio

Number of shares

753,750 sh

Holdings current value

$213.32M

Avg closing price

$71.90

+183.0%

Last action

New holding

2022Q2

Current $203.47

BLKBLACKROCK INC

Financial Services·Asset Management

1.85%

of portfolio

Number of shares

220,200 sh

Holdings current value

$208.41M

Avg closing price

$1025

-0.0%

Last action

New holding

2024Q4

Current $1025

DISDISNEY WALT CO

Communication Services·Entertainment

1.78%

of portfolio

Number of shares

2,031,665 sh

Holdings current value

$200.53M

Avg closing price

$99.24

Last action

Added 0.1%

2023Q4

Current —

GSGOLDMAN SACHS GROUP INC

Financial Services·Capital Markets

1.74%

of portfolio

Number of shares

359,360 sh

Holdings current value

$196.31M

Avg closing price

$203.20

+342.9%

Last action

Added 0.6%

2022Q4

Current $900.00

MSFTMICROSOFT CORP

Technology·Software - Infrastructure

1.74%

of portfolio

Number of shares

522,730 sh

Holdings current value

$196.23M

Avg closing price

$115.47

+266.1%

Last action

Added 0.7%

2025Q4

Current $422.79

RLIRLI CORP

Financial Services·Insurance - Property & Casualty

1.71%

of portfolio

Number of shares

2,394,544 sh

Holdings current value

$192.35M

Avg closing price

$73.60

Last action

Added 100.0%

2025Q1

Current —

MRSHMARSH & MCLENNAN COS INC

Financial Services·Insurance Brokers

1.61%

of portfolio

Number of shares

743,500 sh

Holdings current value

$181.44M

Avg closing price

$86.87

+110.2%

Last action

Added 0.9%

2025Q4

Current $182.57

LPLALPL FINL HLDGS INC

Financial Services·Capital Markets

1.57%

of portfolio

Number of shares

539,104 sh

Holdings current value

$176.36M

Avg closing price

$240.60

+29.9%

Last action

Added 1.2%

2025Q4

Current $312.57

BXBLACKSTONE INC

Financial Services·Asset Management

1.53%

of portfolio

Number of shares

1,229,000 sh

Holdings current value

$171.79M

Avg closing price

$48.92

+161.9%

Last action

New holding

2022Q2

Current $128.13

KKRKKR & CO INC

Financial Services·Asset Management

1.49%

of portfolio

Number of shares

1,451,800 sh

Holdings current value

$167.84M

Avg closing price

$28.28

+260.7%

Last action

Added 0.2%

2023Q3

Current $102.02

LOWLOWES COS INC

Consumer Cyclical·Home Improvement Retail

1.47%

of portfolio

Number of shares

708,230 sh

Holdings current value

$165.18M

Avg closing price

$105.14

Last action

Added 1.1%

2025Q4

Current —

METAMETA PLATFORMS INC

Communication Services·Internet Content & Information

1.43%

of portfolio

Number of shares

280,081 sh

Holdings current value

$161.43M

Avg closing price

$176.20

+284.1%

Last action

Trimmed 10.2%

2025Q4

Current $676.87

NVONOVO-NORDISK A SADR

Healthcare·Drug Manufacturers - General

1.33%

of portfolio

Number of shares

2,150,000 sh

Holdings current value

$149.30M

Avg closing price

$67.99

-39.8%

Last action

Added 30.4%

2025Q4

Current $40.93

DEODIAGEO PLCADR

Consumer Defensive·Beverages - Wineries & Distilleries

1.27%

of portfolio

Number of shares

1,366,708 sh

Holdings current value

$143.22M

Avg closing price

$108.47

-26.2%

Last action

Added 0.4%

2025Q4

Current $80.04

APOAPOLLO GLOBAL MGMT INC

Financial Services·Asset Management

1.23%

of portfolio

Number of shares

1,012,500 sh

Holdings current value

$138.65M

Avg closing price

$48.48

Last action

New holding

2022Q2

Current —

AXPAMERICAN EXPRESS CO

Financial Services·Credit Services

1.16%

of portfolio

Number of shares

484,250 sh

Holdings current value

$130.29M

Avg closing price

$76.00

+328.6%

Last action

Added 0.9%

2025Q4

Current $325.76

TXNTEXAS INSTRS INC

Technology·Semiconductors

1.16%

of portfolio

Number of shares

724,000 sh

Holdings current value

$130.10M

Avg closing price

$80.83

Last action

New holding

2022Q2

Current —

MAMASTERCARD INCORPORATED

Financial Services·Credit Services

1.01%

of portfolio

Number of shares

207,540 sh

Holdings current value

$113.76M

Avg closing price

$119.68

+333.3%

Last action

New holding

2022Q2

Current $518.54

CATCATERPILLAR INC

Industrials·Farm & Heavy Construction Machinery

0.96%

of portfolio

Number of shares

328,050 sh

Holdings current value

$108.19M

Avg closing price

$109.71

+604.3%

Last action

Added 0.2%

2025Q2

Current $772.66

SCHWSCHWAB CHARLES CORP

Financial Services·Capital Markets

0.95%

of portfolio

Number of shares

1,364,800 sh

Holdings current value

$106.84M

Avg closing price

$35.63

+159.9%

Last action

Added 0.8%

2025Q4

Current $92.62

GDGENERAL DYNAMICS CORP

Industrials·Aerospace & Defense

0.95%

of portfolio

Number of shares

391,000 sh

Holdings current value

$106.58M

Avg closing price

$132.29

+153.2%

Last action

New holding

2022Q2

Current $334.92

BAMBROOKFIELD ASSET MANAGMT LTD

Financial Services·Asset Management

0.94%

of portfolio

Number of shares

2,193,953 sh

Holdings current value

$106.30M

Avg closing price

$28.67

Last action

Trimmed 0.0%

2023Q2

Current —

JNJJOHNSON & JOHNSON

Healthcare·Drug Manufacturers - General

0.90%

of portfolio

Number of shares

610,800 sh

Holdings current value

$101.30M

Avg closing price

$108.20

+116.8%

Last action

New holding

2022Q2

Current $234.54

MCOMOODYS CORP

Financial Services·Financial Data & Stock Exchanges

0.88%

of portfolio

Number of shares

213,890 sh

Holdings current value

$99.61M

Avg closing price

$104.30

Last action

Added 0.2%

2022Q4

Current —

GOOGLALPHABET INC

Communication Services·Internet Content & Information

0.76%

of portfolio

Number of shares

557,000 sh

Holdings current value

$86.13M

Avg closing price

$73.96

+354.3%

Last action

Added 2.8%

2025Q2

Current $336.02

NVRNVR INC

Consumer Cyclical·Residential Construction

0.76%

of portfolio

Number of shares

11,884 sh

Holdings current value

$86.09M

Avg closing price

$3847

Last action

Added 0.9%

2025Q4

Current —

G54950103LINDE PLC

0.75%

of portfolio

Number of shares

181,000 sh

Holdings current value

$84.28M

Avg closing price

$394.36

Last action

Added 4.2%

2025Q4

Current —

FNVFRANCO NEV CORP

Basic Materials·Gold

0.73%

of portfolio

Number of shares

525,250 sh

Holdings current value

$82.76M

Avg closing price

$140.14

Last action

Added 17.4%

2025Q4

Current —

ITWILLINOIS TOOL WKS INC

Industrials·Specialty Industrial Machinery

0.72%

of portfolio

Number of shares

327,500 sh

Holdings current value

$81.22M

Avg closing price

$120.12

+121.1%

Last action

New holding

2022Q2

Current $265.61

MSCIMSCI INC

Financial Services·Financial Data & Stock Exchanges

0.72%

of portfolio

Number of shares

142,850 sh

Holdings current value

$80.78M

Avg closing price

$86.63

+552.1%

Last action

Added 0.3%

2022Q4

Current $564.90

HEI/AHEICO CORP NEW

0.71%

of portfolio

Number of shares

379,644 sh

Holdings current value

$80.09M

Avg closing price

$76.32

Last action

Added 2.4%

2023Q2

Current —

ROLROLLINS INC

Consumer Cyclical·Personal Services

0.70%

of portfolio

Number of shares

1,462,275 sh

Holdings current value

$79.01M

Avg closing price

$36.98

+47.3%

Last action

Added 0.9%

2025Q4

Current $54.49

SPGIS&P GLOBAL INC

Financial Services·Financial Data & Stock Exchanges

0.68%

of portfolio

Number of shares

150,690 sh

Holdings current value

$76.57M

Avg closing price

$112.00

+290.0%

Last action

Added 0.3%

2022Q4

Current $436.79

DGDOLLAR GEN CORP NEW

Consumer Defensive·Discount Stores

0.68%

of portfolio

Number of shares

869,250 sh

Holdings current value

$76.43M

Avg closing price

$156.55

-21.1%

Last action

Added 4.0%

2025Q1

Current $123.47

ADMARCHER DANIELS MIDLAND CO

Consumer Defensive·Farm Products

0.66%

of portfolio

Number of shares

1,551,300 sh

Holdings current value

$74.48M

Avg closing price

$37.34

Last action

Trimmed 4.2%

2025Q3

Current —

ECLECOLAB INC

Basic Materials·Specialty Chemicals

0.62%

of portfolio

Number of shares

274,300 sh

Holdings current value

$69.54M

Avg closing price

$128.50

+109.5%

Last action

New holding

2022Q2

Current $269.23

JPMJPMORGAN CHASE & CO

Financial Services·Banks - Diversified

0.55%

of portfolio

Number of shares

252,550 sh

Holdings current value

$61.95M

Avg closing price

$80.60

Last action

Added 4.6%

2023Q4

Current —

SBUXSTARBUCKS CORP

Consumer Cyclical·Restaurants

0.54%

of portfolio

Number of shares

623,818 sh

Holdings current value

$61.19M

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

$57.84M

Avg closing price

$20.90

Last action

Added 1.5%

2022Q4

Current —

NOCNORFOLK SOUTHN CORP

Industrials·Railroads

0.48%

of portfolio

Number of shares

229,500 sh

Holdings current value

$54.36M

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

0.47%

of portfolio

Number of shares

116,720 sh

Holdings current value

$53.07M

Avg closing price

$158.07

+46.7%

Last action

Added 4.6%

2025Q4

Current $231.85

FDXFEDEX CORP

Industrials·Integrated Freight & Logistics

0.46%

of portfolio

Number of shares

213,000 sh

Holdings current value

$51.93M

Avg closing price

$225.78

+68.7%

Last action

Exited

2025Q4

Current $380.88

ODFLOLD DOMINION FREIGHT LINE IN

Industrials·Trucking

0.46%

of portfolio

Number of shares

313,200 sh

Holdings current value

$51.82M

Avg closing price

$209.27

+2.1%

Last action

Added 25.1%

2025Q4

Current $213.57

G0403H108AON PLC

0.46%

of portfolio

Number of shares

129,450 sh

Holdings current value

$51.66M

Avg closing price

$269.42

Last action

Added 3.4%

2025Q4

Current —

ITICINVESTORS TITLE CO NC

Financial Services·Insurance - Specialty

0.46%

of portfolio

Number of shares

213,300 sh

Holdings current value

$51.42M

Avg closing price

$91.07

Last action

New holding

2022Q2

Current —

TSNTYSON FOODS INC

Consumer Defensive·Farm Products

0.45%

of portfolio

Number of shares

798,500 sh

Holdings current value

$50.95M

Avg closing price

$61.20

+4.6%

Last action

Added 4.7%

2025Q4

Current $63.99

G1151C101ACCENTURE PLC IRELAND

0.44%

of portfolio

Number of shares

159,400 sh

Holdings current value

$49.74M

Avg closing price

$116.68

Last action

New holding

2022Q2

Current —

THGHANOVER INS GROUP INC

Financial Services·Insurance - Property & Casualty

0.43%

of portfolio

Number of shares

280,000 sh

Holdings current value

$48.71M

Avg closing price

$122.86

+45.2%

Last action

Added 0.4%

2025Q2

Current $178.35

VRSKVERISK ANALYTICS INC

Industrials·Consulting Services

0.41%

of portfolio

Number of shares

155,950 sh

Holdings current value

$46.41M

Avg closing price

$150.12

+18.8%

Last action

Added 7.6%

2024Q4

Current $178.31

MMM3M CO

Industrials·Conglomerates

0.38%

of portfolio

Number of shares

293,750 sh

Holdings current value

$43.14M

Avg closing price

$160.06

-5.9%

Last action

Exited

2025Q3

Current $150.55

ROKROCKWELL AUTOMATION INC

Industrials·Specialty Industrial Machinery

0.36%

of portfolio

Number of shares

154,900 sh

Holdings current value

$40.02M

Avg closing price

$144.80

+178.2%

Last action

New holding

2022Q2

Current $402.81

COSTCOSTCO WHSL CORP NEW

Consumer Defensive·Discount Stores

0.33%

of portfolio

Number of shares

39,150 sh

Holdings current value

$37.03M

Avg closing price

$158.00

+524.8%

Last action

New holding

2022Q2

Current $987.21

CMCSACOMCAST CORP NEW

Communication Services·Telecom Services

0.32%

of portfolio

Number of shares

961,880 sh

Holdings current value

$35.49M

Avg closing price

$36.82

-20.3%

Last action

Trimmed 11.0%

2024Q4

Current $29.35

YUMYUM BRANDS INC

Consumer Cyclical·Restaurants

0.32%

of portfolio

Number of shares

225,451 sh

Holdings current value

$35.48M

Avg closing price

$137.77

Last action

Added 0.4%

2025Q2

Current —

SHWSHERWIN WILLIAMS CO

Basic Materials·Specialty Chemicals

0.29%

of portfolio

Number of shares

94,172 sh

Holdings current value

$32.88M

Avg closing price

$321.50

+3.7%

Last action

New holding

2022Q2

Current $333.34

ALLALLSTATE CORP

Financial Services·Insurance - Property & Casualty

0.28%

of portfolio

Number of shares

154,550 sh

Holdings current value

$32.00M

Avg closing price

$116.93

+82.9%

Last action

Added 9.2%

2023Q4

Current $213.87

RTXRAYTHEON TECHNOLOGIES CORP

Industrials·Aerospace & Defense

0.26%

of portfolio

Number of shares

224,000 sh

Holdings current value

$29.67M

Avg closing price

$61.62

Last action

New holding

2024Q4

Current —

TROWPRICE T ROWE GROUP INC

Financial Services·Asset Management

0.26%

of portfolio

Number of shares

314,000 sh

Holdings current value

$28.85M

Avg closing price

$73.37

+30.5%

Last action

New holding

2022Q2

Current $95.75

NKENIKE INC

Consumer Cyclical·Footwear & Accessories

0.25%

of portfolio

Number of shares

445,400 sh

Holdings current value

$28.27M

Avg closing price

$64.78

-29.5%

Last action

Added 0.5%

2025Q2

Current $45.70

BF/ABROWN FORMAN CORP

0.25%

of portfolio

Number of shares

843,000 sh

Holdings current value

$28.22M

Avg closing price

$78.22

Last action

New holding

2022Q2

Current —

HGTYHAGERTY INC

Financial Services·Insurance - Property & Casualty

0.25%

of portfolio

Number of shares

3,108,000 sh

Holdings current value

$28.10M

Avg closing price

$9.37

Last action

Added 3.6%

2024Q4

Current —

LMTLOCKHEED MARTIN CORP

Industrials·Aerospace & Defense

0.24%

of portfolio

Number of shares

61,463 sh

Holdings current value

$27.46M

Avg closing price

$465.09

+30.6%

Last action

Added 3.8%

2025Q4

Current $607.49

PAYXPAYCHEX INC

Technology·Software - Application

0.21%

of portfolio

Number of shares

150,000 sh

Holdings current value

$23.14M

Avg closing price

$54.01

Last action

New holding

2022Q2

Current —

TMOTHERMO FISHER SCIENTIFIC INC

Healthcare·Diagnostics & Research

0.20%

of portfolio

Number of shares

45,000 sh

Holdings current value

$22.39M

Avg closing price

$522.02

-1.2%

Last action

Added 18.4%

2025Q4

Current $516.00

ABNBAIRBNB INC

Consumer Cyclical·Travel Services

0.19%

of portfolio

Number of shares

183,820 sh

Holdings current value

$21.96M

Avg closing price

$127.35

+8.2%

Last action

Added 7.7%

2025Q4

Current $137.81

HCAHCA HEALTHCARE INC

Healthcare·Medical Care Facilities

0.19%

of portfolio

Number of shares

62,001 sh

Holdings current value

$21.42M

Avg closing price

$351.23

+37.5%

Last action

Added 9.7%

2025Q4

Current $482.97

CSCOCISCO SYS INC

Technology·Communication Equipment

0.19%

of portfolio

Number of shares

342,000 sh

Holdings current value

$21.10M

Avg closing price

$31.46

+168.6%

Last action

Added 1.8%

2025Q3

Current $84.50

UNPUNION PAC CORP

Industrials·Railroads

0.18%

of portfolio

Number of shares

85,778 sh

Holdings current value

$20.26M

Avg closing price

$141.70

+77.2%

Last action

Added 20.3%

2025Q4

Current $251.07

FERGFERGUSON ENTERPRISES INC

Industrials·Industrial Distribution

0.18%

of portfolio

Number of shares

123,000 sh

Holdings current value

$19.71M

Avg closing price

$197.06

+30.4%

Last action

Added 15.5%

2025Q4

Current $257.05

URIUNITED RENTALS INC

Industrials·Rental & Leasing Services

0.17%

of portfolio

Number of shares

31,150 sh

Holdings current value

$19.52M

Avg closing price

$655.22

Last action

Added 5.1%

2025Q1

Current —

APDAIR PRODS & CHEMS INC

Basic Materials·Specialty Chemicals

0.17%

of portfolio

Number of shares

65,000 sh

Holdings current value

$19.17M

Avg closing price

$267.36

+11.2%

Last action

Added 11.1%

2025Q4

Current $297.24

PMPHILIP MORRIS INTL INC

Consumer Defensive·Tobacco

0.16%

of portfolio

Number of shares

114,500 sh

Holdings current value

$18.17M

Avg closing price

$98.11

+59.2%

Last action

New holding

2022Q2

Current $156.24

EFXEQUIFAX INC

Industrials·Consulting Services

0.16%

of portfolio

Number of shares

72,850 sh

Holdings current value

$17.74M

Avg closing price

$154.39

+23.3%

Last action

Trimmed 25.5%

2024Q3

Current $190.38

CCKCROWN HLDGS INC

Consumer Cyclical·Packaging & Containers

0.15%

of portfolio

Number of shares

189,500 sh

Holdings current value

$16.91M

Avg closing price

$70.03

+48.9%

Last action

Added 13.5%

2025Q4

Current $104.28

G7496G103RENAISSANCERE HLDGS LTD

0.15%

of portfolio

Number of shares

70,000 sh

Holdings current value

$16.80M

Avg closing price

$193.03

Last action

Added 15.7%

2024Q1

Current —

COFCAPITAL ONE FINL CORP

Financial Services·Credit Services

0.14%

of portfolio

Number of shares

91,000 sh

Holdings current value

$16.32M

Avg closing price

$98.96

+102.8%

Last action

Added 1.1%

2023Q4

Current $200.71

BF/BBROWN FORMAN CORP

0.14%

of portfolio

Number of shares

474,187 sh

Holdings current value

$16.09M

Avg closing price

$62.65

Last action

New holding

2022Q2

Current —

LAMRLAMAR ADVERTISING CO NEWREIT

Real Estate·REIT - Specialty

0.14%

of portfolio

Number of shares

137,000 sh

Holdings current value

$15.59M

Avg closing price

$111.60

Last action

Added 12.3%

2025Q4

Current —

CHHCHOICE HOTELS INTL INC

Consumer Cyclical·Lodging

0.14%

of portfolio

Number of shares

115,500 sh

Holdings current value

$15.34M

Avg closing price

$118.65

-0.5%

Last action

Added 4.5%

2024Q3

Current $118.05

CARRCARRIER GLOBAL CORPORATION

Industrials·Building Products & Equipment

0.13%

of portfolio

Number of shares

235,000 sh

Holdings current value

$14.90M

Avg closing price

$23.29

+156.3%

Last action

New holding

2022Q2

Current $59.71

WFCWELLS FARGO CO NEW

Financial Services·Banks - Diversified

0.13%

of portfolio

Number of shares

204,450 sh

Holdings current value

$14.68M

Avg closing price

$47.72

+70.3%

Last action

Added 2.0%

2022Q4

Current $81.25

UNHUNITEDHEALTH GROUP INC

Healthcare·Healthcare Plans

0.13%

of portfolio

Number of shares

28,014 sh

Holdings current value

$14.67M

Avg closing price

$451.51

-29.9%

Last action

Trimmed 5.1%

2025Q2

Current $316.40

PEPPEPSICO INC

Consumer Defensive·Beverages - Non-Alcoholic

0.13%

of portfolio

Number of shares

96,210 sh

Holdings current value

$14.43M

Avg closing price

$102.93

+53.9%

Last action

New holding

2022Q2

Current $158.38

SPOTSPOTIFY TECHNOLOGY S A

Communication Services·Internet Content & Information

0.13%

of portfolio

Number of shares

25,900 sh

Holdings current value

$14.25M

Avg closing price

$98.72

+438.3%

Last action

New holding

2022Q2

Current $531.45

TGTTARGET CORP

Consumer Defensive·Discount Stores

0.12%

of portfolio

Number of shares

133,000 sh

Holdings current value

$13.88M

Avg closing price

$141.27

-12.3%

Last action

Added 9.9%

2024Q1

Current $123.91

SEICSEI INVTS CO

Financial Services·Asset Management

0.12%

of portfolio

Number of shares

173,200 sh

Holdings current value

$13.45M

Avg closing price

$49.17

+60.5%

Last action

Trimmed 70.6%

2023Q2

Current $78.93

MARMARRIOTT INTL INC NEW

Consumer Cyclical·Lodging

0.11%

of portfolio

Number of shares

52,000 sh

Holdings current value

$12.39M

Avg closing price

$248.60

+45.8%

Last action

Added 46.5%

2025Q4

Current $362.42

GPKGRAPHIC PACKAGING HLDG CO

Consumer Cyclical·Packaging & Containers

0.11%

of portfolio

Number of shares

461,225 sh

Holdings current value

$11.97M

Avg closing price

$27.05

-64.7%

Last action

Exited

2025Q3

Current $9.55

100

OTISOTIS WORLDWIDE CORP

Industrials·Specialty Industrial Machinery

0.11%

of portfolio

Number of shares

114,620 sh

Holdings current value

$11.83M

Avg closing price

$57.20

+41.1%

Last action

New holding

2022Q2

Current $80.69

101

NSPINSPERITY INC

Industrials·Staffing & Employment Services

0.10%

of portfolio

Number of shares

131,728 sh

Holdings current value

$11.75M

Avg closing price

$80.10

Last action

Added 19.1%

2025Q4

Current —

102

KMXCARMAX INC

Consumer Cyclical·Auto & Truck Dealerships

0.09%

of portfolio

Number of shares

136,500 sh

Holdings current value

$10.64M

Avg closing price

$68.91

-41.2%

Last action

Added 10.5%

2024Q2

Current $40.49

103

IQVIQVIA HLDGS INC

Healthcare·Diagnostics & Research

0.09%

of portfolio

Number of shares

58,726 sh

Holdings current value

$10.35M

Avg closing price

$215.11

-20.1%

Last action

Trimmed 4.5%

2025Q3

Current $171.95

104

HXLHEXCEL CORP NEW

Industrials·Aerospace & Defense

0.09%

of portfolio

Number of shares

189,000 sh

Holdings current value

$10.35M

Avg closing price

$62.54

+32.7%

Last action

New holding

2022Q2

Current $82.99

105

BKBANK NEW YORK MELLON CORP

Financial Services·Banks - Diversified

0.09%

of portfolio

Number of shares

121,500 sh

Holdings current value

$10.19M

Avg closing price

$42.14

+219.9%

Last action

Trimmed 66.7%

2023Q4

Current $134.84

106

OIO-I GLASS INC

Consumer Cyclical·Packaging & Containers

0.09%

of portfolio

Number of shares

874,100 sh

Holdings current value

$10.03M

Avg closing price

$13.02

-20.0%

Last action

Exited

2025Q3

Current $10.41

107

SHOPSHOPIFY INC

Technology·Software - Application

0.09%

of portfolio

Number of shares

102,750 sh

Holdings current value

$9.81M

Avg closing price

$22.39

+466.9%

Last action

Added 10.8%

2022Q4

Current $126.94

108

HSYHERSHEY CO

Consumer Defensive·Confectioners

0.08%

of portfolio

Number of shares

54,500 sh

Holdings current value

$9.32M

Avg closing price

$169.50

+12.9%

Last action

Added 31.3%

2025Q4

Current $191.36

109

SMGSCOTTS MIRACLE-GRO CO

Basic Materials·Agricultural Inputs

0.08%

of portfolio

Number of shares

168,000 sh

Holdings current value

$9.22M

Avg closing price

$48.47

+28.8%

Last action

Added 7.7%

2024Q1

Current $62.44

110

UBERUBER TECHNOLOGIES INC

Technology·Software - Application

0.08%

of portfolio

Number of shares

122,000 sh

Holdings current value

$8.89M

Avg closing price

$66.78

+14.5%

Last action

Added 15.6%

2025Q4

Current $76.48

111

SONYSONY GROUP CORPORATIONADR

Technology·Consumer Electronics

0.08%

of portfolio

Number of shares

335,000 sh

Holdings current value

$8.51M

Avg closing price

$29.07

Last action

Added 400.0%

2024Q4

Current —

112

TRUTRANSUNION

Financial Services·Financial Data & Stock Exchanges

0.07%

of portfolio

Number of shares

101,050 sh

Holdings current value

$8.39M

Avg closing price

$70.43

+7.4%

Last action

Trimmed 49.5%

2025Q4

Current $75.64

113

EMNEASTMAN CHEM CO

Basic Materials·Specialty Chemicals

0.06%

of portfolio

Number of shares

74,950 sh

Holdings current value

$6.60M

Avg closing price

$82.79

-11.4%

Last action

Added 2.7%

2023Q4

Current $73.35

114

GHCGRAHAM HLDGS CO

Consumer Defensive·Education & Training Services

0.04%

of portfolio

Number of shares

5,200 sh

Holdings current value

$5.00M

Avg closing price

$480.00

+133.9%

Last action

New holding

2022Q2

Current $1123

115

CECELANESE CORP DEL

Basic Materials·Chemicals

0.04%

of portfolio

Number of shares

81,300 sh

Holdings current value

$4.62M

Avg closing price

$94.36

-27.6%

Last action

Exited

2025Q3

Current $68.34

116

WRBBERKLEY W R CORP

Financial Services·Insurance - Property & Casualty

0.04%

of portfolio

Number of shares

60,750 sh

Holdings current value

$4.32M

Avg closing price

$63.93

Last action

Added 50.0%

2024Q3

Current —

117

FIXCOMFORT SYS USA INC

Industrials·Engineering & Construction

0.04%

of portfolio

Number of shares

13,000 sh

Holdings current value

$4.19M

Avg closing price

$309.09

+419.6%

Last action

Added 1200.0%

2024Q1

Current $1606

118

HIIHUNTINGTON INGALLS INDS INC

Industrials·Aerospace & Defense

0.03%

of portfolio

Number of shares

18,000 sh

Holdings current value

$3.67M

Avg closing price

$232.02

+70.8%

Last action

Added 38.5%

2025Q4

Current $396.17

119

CABOCABLE ONE INC

Communication Services·Telecom Services

0.03%

of portfolio

Number of shares

11,900 sh

Holdings current value

$3.16M

Avg closing price

$593.56

Last action

Exited

2025Q2

Current —

120

G96629103WILLIS TOWERS WATSON PLC LTD

0.03%

of portfolio

Number of shares

8,627 sh

Holdings current value

$2.92M

Avg closing price

$207.62

Last action

Exited

2025Q3

Current —

121

BALLBALL CORP

Consumer Cyclical·Packaging & Containers

0.02%

of portfolio

Number of shares

51,000 sh

Holdings current value

$2.66M

Avg closing price

$67.12

Last action

Exited

2025Q3

Current —

122

AYIACUITY BRANDS INC

Industrials·Electrical Equipment & Parts

0.02%

of portfolio

Number of shares

9,750 sh

Holdings current value

$2.57M

Avg closing price

$272.21

+4.1%

Last action

Added 225.0%

2025Q1

Current $283.46

123

MGMMGM RESORTS INTERNATIONAL

Consumer Cyclical·Resorts & Casinos

0.02%

of portfolio

Number of shares

85,500 sh

Holdings current value

$2.53M

Avg closing price

$32.04

Last action

Added 2.4%

2025Q2

Current —

124

DPZDOMINOS PIZZA INC

Consumer Cyclical·Restaurants

0.02%

of portfolio

Number of shares

5,500 sh

Holdings current value

$2.53M

Avg closing price

$428.25

Last action

Added 22.2%

2024Q4

Current —

125

CMECME GROUP INC

Financial Services·Financial Data & Stock Exchanges

0.02%

of portfolio

Number of shares

9,500 sh

Holdings current value

$2.52M

Avg closing price

$260.54

Last action

Added

2025Q4

Current —

126

ITGARTNER INC

Technology·Information Technology Services

0.02%

of portfolio

Number of shares

5,700 sh

Holdings current value

$2.39M

Avg closing price

$198.21

-21.5%

Last action

Exited

2025Q3

Current $155.53

127

INTUINTUIT

Technology·Software - Application

0.01%

of portfolio

Number of shares

2,720 sh

Holdings current value

$1.67M

Avg closing price

$501.10

-22.7%

Last action

Exited

2025Q3

Current $387.11

128

BCBRUNSWICK CORP

Consumer Cyclical·Recreational Vehicles

0.01%

of portfolio

Number of shares

29,500 sh

Holdings current value

$1.59M

Avg closing price

$69.74

+10.9%

Last action

Added 93.4%

2025Q4

Current $77.33

129

CSGPCOSTAR GROUP INC

Real Estate·Real Estate Services

0.01%

of portfolio

Number of shares

18,600 sh

Holdings current value

$1.47M

Avg closing price

$60.38

-33.7%

Last action

Exited

2025Q3

Current $40.04

130

CBOECBOE GLOBAL MKTS INC

Financial Services·Financial Data & Stock Exchanges

0.01%

of portfolio

Number of shares

6,000 sh

Holdings current value

$1.36M

Avg closing price

$240.60

+28.6%

Last action

Added

2025Q4

Current $309.38

131

ELLAUDER ESTEE COS INC

Consumer Defensive·Household & Personal Products

0.01%

of portfolio

Number of shares

15,000 sh

Holdings current value

$990.0K

Avg closing price

$98.04

-23.2%

Last action

Exited

2025Q3

Current $75.34

132

ICEINTERCONTINENTAL EXCHANGE IN

Financial Services·Financial Data & Stock Exchanges

0.01%

of portfolio

Number of shares

5,120 sh

Holdings current value

$883.2K

Avg closing price

$139.65

+17.3%

Last action

Added

2025Q4

Current $163.75

133

EXPEAGLE MATLS INC

Basic Materials·Building Materials

0.01%

of portfolio

Number of shares

3,500 sh

Holdings current value

$776.8K

Avg closing price

$218.87

-9.7%

Last action

Added

2025Q3

Current $197.56

134

BUDANHEUSER BUSCH INBEV SA/NVADR

Consumer Defensive·Beverages - Brewers

0.01%

of portfolio

Number of shares

11,000 sh

Holdings current value

$677.2K

Avg closing price

$86.68

Last action

Exited

2025Q3

Current —

135

SYYSYSCO CORP

Consumer Defensive·Food Distribution

0.01%

of portfolio

Number of shares

9,000 sh

Holdings current value

$675.4K

Avg closing price

$76.94

-3.8%

Last action

Added 260.0%

2025Q3

Current $74.05

Portfolio heatmap

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

Sector exposure

Share of dollar value across the latest 13F report. Unclassified positions excluded.

Financial Services35 pos$3.60B39.0%
Industrials24 pos$1.49B16.1%
Consumer Cyclical19 pos$1.29B14.0%
Communication Services7 pos$930.6M10.1%
Technology11 pos$909.9M9.9%
Consumer Defensive13 pos$445.2M4.8%
Healthcare6 pos$319.4M3.5%
Basic Materials8 pos$225.6M2.4%
Real Estate2 pos$17.1M0.2%

(18.1% unclassified, excluded from %)