Filed: 10/31/2025ACC: 0001628280-25-047842
📋 What this filing means
MARKEL GROUP INC. filed this quarterly 13F‑HR report disclosing 129 equity positions with a total reported market value of $12.32B. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.
129
Positions
$12.32B
Total AUM (reported)
67.35M
Total Shares
Allocation by class
COM$7.64B62.0%
CL A$1.41B11.4%
CL B NEW$770.18M6.3%
CAP STK CL C$669.73M5.4%
CL A LTD VT SH$597.73M4.9%
COM CL A$368.71M3.0%
CAP STK CL A$139.05M1.1%
Portfolio Concentration
Top 3$2.28B18.5%
4–10$2.76B22.4%
11–25$3.06B24.9%
Rest$4.22B34.2%
Top 3 weight
18.5%
Top 10 weight
40.9%
Voting Authority Distribution
Total shares with voting rights: 67.35M
Sole
Full voting authority
67.35M
shares
% of voting shares100.0%
Shared
Joint voting authority
0.00
shares
% of voting shares0.0%
None
No voting authority
0.00
shares
% of voting shares0.0%
Investment Discretion (by position count)
Sole80
Shared0
Other49
Dominant voting typeSole · 100.0% of voting shares
Institutional Holdings129
Rows:
BERKSHIRE HATHAWAY INC DEL
SOLEShares1.11K
TypeSH
Market value$840.18M
6.82%
Sole
1.11K
Shared
0.00
None
0.00
BERKSHIRE HATHAWAY INC DEL
SOLEShares1.53M
TypeSH
Market value$770.18M
6.25%
Sole
1.53M
Shared
0.00
None
0.00
ALPHABET INC
SOLEShares2.75M
TypeSH
Market value$669.73M
5.44%
Sole
2.75M
Shared
0.00
None
0.00
BROOKFIELD CORP
SOLEShares8.72M
TypeSH
Market value$597.73M
4.85%
Sole
8.72M
Shared
0.00
None
0.00
AMAZON COM INC
SOLEShares2.03M
TypeSH
Market value$445.89M
3.62%
Sole
2.03M
Shared
0.00
None
0.00
DEERE & CO
DFNDShares877.90K
TypeSH
Market value$401.43M
3.26%
Sole
877.90K
Shared
0.00
None
0.00
HOME DEPOT INC
SOLEShares920K
TypeSH
Market value$372.77M
3.03%
Sole
920K
Shared
0.00
None
0.00
VISA INC
SOLEShares999.28K
TypeSH
Market value$341.14M
2.77%
Sole
999.28K
Shared
0.00
None
0.00
APPLE INC
SOLEShares1.23M
TypeSH
Market value$312.50M
2.54%
Sole
1.23M
Shared
0.00
None
0.00
ANALOG DEVICES INC
SOLEShares1.17M
TypeSH
Market value$286.90M
2.33%
Sole
1.17M
Shared
0.00
None
0.00
GOLDMAN SACHS GROUP INC
SOLEShares359.36K
TypeSH
Market value$286.18M
2.32%
Sole
359.36K
Shared
0.00
None
0.00
MICROSOFT CORP
SOLEShares532.08K
TypeSH
Market value$275.59M
2.24%
Sole
532.08K
Shared
0.00
None
0.00
BLACKROCK INC
SOLEShares220.20K
TypeSH
Market value$256.72M
2.08%
Sole
220.20K
Shared
0.00
None
0.00
DISNEY WALT CO
SOLEShares2.03M
TypeSH
Market value$232.63M
1.89%
Sole
2.03M
Shared
0.00
None
0.00
WATSCO INC
SOLEShares565.17K
TypeSH
Market value$228.50M
1.85%
Sole
565.17K
Shared
0.00
None
0.00
BLACKSTONE INC
SOLEShares1.23M
TypeSH
Market value$209.97M
1.70%
Sole
1.23M
Shared
0.00
None
0.00
META PLATFORMS INC
SOLEShares280.28K
TypeSH
Market value$205.83M
1.67%
Sole
280.28K
Shared
0.00
None
0.00
KKR & CO INC
SOLEShares1.45M
TypeSH
Market value$188.66M
1.53%
Sole
1.45M
Shared
0.00
None
0.00
PROGRESSIVE CORP
SOLEShares753.75K
TypeSH
Market value$186.14M
1.51%
Sole
753.75K
Shared
0.00
None
0.00
LPL FINL HLDGS INC
SOLEShares553.32K
TypeSH
Market value$184.08M
1.49%
Sole
553.32K
Shared
0.00
None
0.00
LOWES COS INC
SOLEShares726.73K
TypeSH
Market value$182.63M
1.48%
Sole
726.73K
Shared
0.00
None
0.00
AMERICAN EXPRESS CO
SOLEShares484.25K
TypeSH
Market value$160.85M
1.31%
Sole
484.25K
Shared
0.00
None
0.00
CATERPILLAR INC
SOLEShares328.65K
TypeSH
Market value$156.82M
1.27%
Sole
328.65K
Shared
0.00
None
0.00
RLI CORP
SOLEShares2.39M
TypeSH
Market value$156.17M
1.27%
Sole
2.39M
Shared
0.00
None
0.00
MARSH & MCLENNAN COS INC
SOLEShares755K
TypeSH
Market value$152.16M
1.23%
Sole
755K
Shared
0.00
None
0.00
| Issuer | Class | Shares | Type | Value / Portfolio % | Voting — Sole | Shared | None |
|---|---|---|---|---|---|---|---|
BERKSHIRE HATHAWAY INC DELSOLE | CL A | 1.11K | SH | $840.18M 6.82% | 1.11K | 0.00 | 0.00 |
BERKSHIRE HATHAWAY INC DELSOLE | CL B NEW | 1.53M | SH | $770.18M 6.25% | 1.53M | 0.00 | 0.00 |
ALPHABET INCSOLE | CAP STK CL C | 2.75M | SH | $669.73M 5.44% | 2.75M | 0.00 | 0.00 |
BROOKFIELD CORPSOLE | CL A LTD VT SH | 8.72M | SH | $597.73M 4.85% | 8.72M | 0.00 | 0.00 |
AMAZON COM INCSOLE | COM | 2.03M | SH | $445.89M 3.62% | 2.03M | 0.00 | 0.00 |
DEERE & CODFND | COM | 877.90K | SH | $401.43M 3.26% | 877.90K | 0.00 | 0.00 |
HOME DEPOT INCSOLE | COM | 920K | SH | $372.77M 3.03% | 920K | 0.00 | 0.00 |
VISA INCSOLE | COM CL A | 999.28K | SH | $341.14M 2.77% | 999.28K | 0.00 | 0.00 |
APPLE INCSOLE | COM | 1.23M | SH | $312.50M 2.54% | 1.23M | 0.00 | 0.00 |
ANALOG DEVICES INCSOLE | COM | 1.17M | SH | $286.90M 2.33% | 1.17M | 0.00 | 0.00 |
GOLDMAN SACHS GROUP INCSOLE | COM | 359.36K | SH | $286.18M 2.32% | 359.36K | 0.00 | 0.00 |
MICROSOFT CORPSOLE | COM | 532.08K | SH | $275.59M 2.24% | 532.08K | 0.00 | 0.00 |
BLACKROCK INCSOLE | COM | 220.20K | SH | $256.72M 2.08% | 220.20K | 0.00 | 0.00 |
DISNEY WALT COSOLE | COM | 2.03M | SH | $232.63M 1.89% | 2.03M | 0.00 | 0.00 |
WATSCO INCSOLE | COM | 565.17K | SH | $228.50M 1.85% | 565.17K | 0.00 | 0.00 |
BLACKSTONE INCSOLE | COM | 1.23M | SH | $209.97M 1.70% | 1.23M | 0.00 | 0.00 |
META PLATFORMS INCSOLE | CL A | 280.28K | SH | $205.83M 1.67% | 280.28K | 0.00 | 0.00 |
KKR & CO INCSOLE | COM | 1.45M | SH | $188.66M 1.53% | 1.45M | 0.00 | 0.00 |
PROGRESSIVE CORPSOLE | COM | 753.75K | SH | $186.14M 1.51% | 753.75K | 0.00 | 0.00 |
LPL FINL HLDGS INCSOLE | COM | 553.32K | SH | $184.08M 1.49% | 553.32K | 0.00 | 0.00 |
LOWES COS INCSOLE | COM | 726.73K | SH | $182.63M 1.48% | 726.73K | 0.00 | 0.00 |
AMERICAN EXPRESS COSOLE | COM | 484.25K | SH | $160.85M 1.31% | 484.25K | 0.00 | 0.00 |
CATERPILLAR INCSOLE | COM | 328.65K | SH | $156.82M 1.27% | 328.65K | 0.00 | 0.00 |
RLI CORPSOLE | COM | 2.39M | SH | $156.17M 1.27% | 2.39M | 0.00 | 0.00 |
MARSH & MCLENNAN COS INCSOLE | COM | 755K | SH | $152.16M 1.23% | 755K | 0.00 | 0.00 |
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