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Built from publicly disclosed institutional and insider activity. Informational purposes only - not investment advice.OpenStocks · v0.1
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  3. Tom Gayner (Markel Group)
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  • Portfolio128
  • Performance40Q
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Tom Gayner

Markel Group
Share
  • Conglomerate · CIK 0001096343
  • Financials-Focused
  • Large Fund

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 139.9% since 2016Q1. OpenStocks tracks 40 consecutive quarterly snapshots for this manager — every position change, new entry, and exit is logged below.

Track Tom's filingsView holdings↓
Portfolio
$12.54B
Positions
128
Quarter
2025Q4
Filings tracked
40
Since filing+139.9%Full performance →
Quarter
2025Q42025Q32025Q22025Q12024Q42024Q32024Q22024Q12023Q42023Q32023Q22023Q1

Not enough filing history to compute mark-to-market returns for Tom Gayner.

We need at least one year of portfolio coverage with priceable positions.

Performance overview

We mark Tom Gayner (Markel Group)'s disclosed portfolio to current market prices and compare its growth against the S&P 500 (SPY). Tom’s portfolio is 139.9% since 2016Q1.

Portfolio growth vs SPY
Rebased to 100 at 2021Q2 · through 2025Q4
Tom Gayner
+36.1%
SPY
+69.5%
Alpha
-33.4pp
63921211491782021Q22023Q32025Q4
Portfolio line is the GIPS-compliant time-weighted return chain-linked across the manager's quarterly 13F filings — unaffected by capital flows. Quarters with insufficient held-through coverage are skipped, which can briefly flatten the line.
Capital flow per quarter
BuysSellsNet
+$7.91B+$3.96B$0-$3.96B-$7.91B'20Q2'20Q3'20Q4'21Q1'21Q2'21Q3'21Q4'22Q1'22Q2'22Q3'22Q4'23Q1'23Q2'23Q3'23Q4'24Q1
Latest · 2024Q1
+$97M
Lifetime buys
$9.14B
Lifetime sells
$9.64B
Portfolio over time
AUMPositions
$0$3.35B$6.69B$10.14B1342'20Q2'22Q1'24Q1
QoQ AUM
+10.2%
16Q lifetime AUM
+88.9%
QoQ positions
+4
16Q lifetime positions
+19
Position concentration
132 positions
Top 1
7%
of book
  • Top 17%$706.8MBRK.A
  • Top 2-518%$1.79BBRK.B, GOOG, AMZN
  • Top 6-1015%$1.49BHD, DE, V
  • Top 11-2019%$1.95BWSO, ADI, MSFT
  • Rest41%$4.20BRest of port