Manager record · ✦ curated · archived quarter
Markel Group
Insurance holding company · Glen Allen, VA · CIK 1096343 · EDGAR filings ↗
Buffett-style equity book inside an insurer.
$11.83BReported 13F value
218Positions
39.8%Top-10 weight
40.30Effective holdings
3.4%Est. turnover
+3New
−1Exits
Reported 13F portfolio value covers U.S. reportable long positions only — not cash, bonds, shorts or non-U.S. holdings. It is not assets under management.
Sector exposure
Financial Services
46.5% (-1.1pp)
Industrials
14.3% (-0.3pp)
Consumer Cyclical
10.7% (-0.1pp)
Technology
9.4% (+0.6pp)
Communication Services
9.4% (+1.1pp)
Consumer Defensive
4.1% (+0.0pp)
Basic Materials
2.8% (+0.0pp)
Healthcare
2.7% (-0.2pp)
Real Estate
0.2% (+0.0pp)
Share of reported common-equity value; (±pp) vs prior quarter.
The portfolio · Q2 2025
| # | Security | Weight | Value | Shares | Δ shares | Held | |
|---|---|---|---|---|---|---|---|
| 1 | BRK-B Berkshire Hathaway Inc. | 6.3% | $536.51M | 1.10M | 0.0% | Held | 5 |
| 2 | DE Deere & Company | 3.8% | $446.40M | 877.90K | 0.0% | ▲ Add | 5 |
| 3 | GOOG Alphabet Inc. | 4.1% | $435.07M | 2.45M | 0.0% | Held | 5 |
| 4 | BRK-A Berkshire Hathaway Inc. | 6.9% | $429.99M | 590 | 0.0% | Held | 5 |
| 5 | AMZN Amazon.com, Inc. | 3.8% | $412.96M | 1.88M | 0.0% | Held | 5 |
| 6 | BRK-A Berkshire Hathaway Inc. | 6.9% | $381.89M | 524 | 0.0% | Held | 5 |
| 7 | BN Brookfield Corporation | 4.6% | $342.87M | 5.54M | 0.0% | Held | 5 |
| 8 | V Visa Inc. | 3.0% | $327.76M | 923.13K | 0.0% | Held | 5 |
| 9 | ADI Analog Devices, Inc. | 2.4% | $275.31M | 1.16M | 0.0% | Held | 5 |
| 10 | MSFT Microsoft Corporation | 2.2% | $250.63M | 503.86K | +0.9% | ▲ Add | 5 |
| 11 | AAPL Apple Inc. | 2.1% | $241.91M | 1.18M | 0.0% | Held | 5 |
| 12 | GS The Goldman Sachs Group… | 2.1% | $237.60M | 335.71K | 0.0% | Held | 5 |
| 13 | HD The Home Depot, Inc. | 2.9% | $235.78M | 643.09K | 0.0% | Held | 5 |
| 14 | WSO Watsco, Inc. | 2.1% | $231.22M | 523.57K | -4.3% | ▼ Trim | 5 |
| 15 | BLK BlackRock, Inc. | 2.0% | $218.45M | 208.20K | 0.0% | Held | 5 |
| 16 | BRK-B Berkshire Hathaway Inc. | 6.3% | $207.67M | 427.51K | 0.0% | Held | 5 |
| 17 | LPLA LPL Financial Holdings Inc. | 1.7% | $203.35M | 542.32K | +1.0% | ▲ Add | 5 |
| 18 | BN Brookfield Corporation | 4.6% | $196.20M | 3.17M | 0.0% | Held | 5 |
| 19 | DIS The Walt Disney Company | 2.1% | $195.62M | 1.58M | 0.0% | Held | 5 |
| 20 | META Meta Platforms, Inc. | 1.7% | $190.92M | 258.67K | +0.1% | ▲ Add | 5 |
| 21 | KKR KKR & Co. Inc. | 1.6% | $190.74M | 1.43M | 0.0% | Held | 5 |
| 22 | PGR The Progressive Corporation | 1.7% | $185.13M | 693.75K | 0.0% | Held | 5 |
| 23 | BX Blackstone Inc. | 1.6% | $178.67M | 1.19M | 0.0% | Held | 5 |
| 24 | RLI RLI Corp. | 1.5% | $172.93M | 2.39M | 0.0% | Held | 5 |
| 25 | MRSH Marsh & McLennan Companies… | 1.4% | $159.22M | 728.25K | +0.7% | ▲ Add | 5 |
| 26 | AXP American Express Company | 1.3% | $151.28M | 474.25K | 0.0% | Held | 5 |
| 27 | TXN Texas Instruments… | 1.3% | $150.32M | 724.00K | 0.0% | Held | 5 |
| 28 | LOW Lowe's Companies, Inc. | 1.3% | $145.43M | 655.48K | +1.3% | ▲ Add | 5 |
| 29 | APO Apollo Global Management… | 1.2% | $140.45M | 990.00K | 0.0% | Held | 5 |
| 30 | CAT Caterpillar Inc. | 1.1% | $123.70M | 318.65K | +0.2% | ▲ Add | 5 |
| 31 | NVO Novo Nordisk A/S | 1.3% | $116.42M | 1.69M | +5.0% | ▲ Add | 5 |
| 32 | SCHW The Charles Schwab… | 1.1% | $112.75M | 1.24M | 0.0% | Held | 5 |
| 33 | DEO Diageo plc | 1.2% | $108.49M | 1.08M | 0.0% | Held | 5 |
| 34 | MA Mastercard Incorporated | 1.0% | $105.40M | 187.56K | 0.0% | Held | 5 |
| 35 | HD The Home Depot, Inc. | 2.9% | $101.52M | 276.91K | 0.0% | Held | 5 |
| 36 | GD General Dynamics Corporation | 1.0% | $101.21M | 347.00K | 0.0% | Held | 5 |
| 37 | DG Dollar General Corporation | 0.8% | $99.02M | 865.75K | 0.0% | Held | 5 |
| 38 | MCO Moody's Corporation | 0.9% | $96.70M | 192.79K | 0.0% | Held | 5 |
| 39 | HEI-A HEICO Corporation | 0.8% | $95.08M | 367.44K | 0.0% | Held | 5 |
| 40 | FNV Franco-Nevada Corporation | 0.8% | $93.35M | 569.50K | +8.4% | ▲ Add | 5 |
| 41 | JNJ Johnson & Johnson | 0.8% | $89.22M | 584.09K | 0.0% | Held | 5 |
| 42 | GOOGL Alphabet Inc. | 0.9% | $88.11M | 500.00K | +2.7% | ▲ Add | 5 |
| 43 | NVR NVR, Inc. | 0.7% | $86.57M | 11.72K | +0.1% | ▲ Add | 5 |
| 44 | LIN Linde plc | 0.7% | $84.08M | 179.20K | +3.1% | ▲ Add | 5 |
| 45 | MSCI MSCI Inc. | 0.7% | $81.81M | 141.85K | 0.0% | Held | 5 |
| 46 | ROL Rollins, Inc. | 0.7% | $79.37M | 1.41M | +0.5% | ▲ Add | 5 |
| 47 | SPGI S&P Global Inc. | 0.7% | $78.93M | 149.69K | 0.0% | Held | 5 |
| 48 | ITW Illinois Tool Works Inc. | 0.7% | $76.81M | 310.65K | 0.0% | Held | 5 |
| 49 | ADM Archer-Daniels-Midland… | 0.7% | $74.05M | 1.40M | +1.4% | ▲ Add | 5 |
| 50 | JPM JPMorgan Chase & Co. | 0.6% | $73.22M | 252.55K | 0.0% | Held | 5 |
| 51 | BAM Brookfield Asset Management… | 1.0% | $68.46M | 1.24M | 0.0% | Held | 5 |
| 52 | ECL Ecolab Inc. | 0.6% | $67.71M | 251.30K | 0.0% | Held | 5 |
| 53 | CG The Carlyle Group Inc. | 0.6% | $65.92M | 1.28M | 0.0% | Held | 5 |
| 54 | DIS The Walt Disney Company | 2.1% | $56.33M | 454.24K | 0.0% | Held | 5 |
| 55 | ODFL Old Dominion Freight Line… | 0.5% | $54.61M | 336.45K | +9.3% | ▲ Add | 5 |
| 56 | SBUX Starbucks Corporation | 0.5% | $53.45M | 583.32K | 0.0% | Held | 5 |
| 57 | NSC Norfolk Southern Corporation | 0.5% | $53.11M | 207.50K | +3.0% | ▲ Add | 5 |
| 58 | BAM Brookfield Asset Management… | 1.0% | $52.82M | 955.45K | 0.0% | Held | 5 |
| 59 | GOOG Alphabet Inc. | 4.1% | $52.73M | 297.23K | 0.0% | Held | 5 |
| 60 | ROK Rockwell Automation, Inc. | 0.4% | $48.83M | 147.00K | 0.0% | Held | 5 |
| 61 | VRSK Verisk Analytics, Inc. | 0.4% | $47.80M | 153.45K | 0.0% | Held | 5 |
| 62 | ACN Accenture plc | 0.4% | $47.64M | 159.40K | 0.0% | Held | 5 |
| 63 | FDX FedEx Corporation | 0.4% | $47.51M | 209.00K | 0.0% | Held | 5 |
| 64 | THG The Hanover Insurance… | 0.4% | $46.71M | 275.00K | +0.4% | ▲ Add | 5 |
| 65 | AON Aon plc | 0.4% | $45.77M | 128.30K | +0.3% | ▲ Add | 5 |
| 66 | TSN Tyson Foods, Inc. | 0.4% | $45.09M | 806.00K | +2.2% | ▲ Add | 5 |
| 67 | ITIC INVESTORS TITLE CO NC | 0.4% | $45.07M | 213.30K | 0.0% | Held | 5 |
| 68 | FDS FactSet Research Systems… | 0.4% | $41.92M | 93.72K | 0.0% | Held | 5 |
| 69 | NVO Novo Nordisk A/S | 1.3% | $39.47M | 571.84K | +5.0% | ▲ Add | 5 |
| 70 | COST Costco Wholesale Corporation | 0.3% | $38.76M | 39.15K | 0.0% | Held | 5 |
| 71 | YUM Yum! Brands, Inc. | 0.3% | $33.56M | 226.45K | +0.4% | ▲ Add | 5 |
| 72 | AMZN Amazon.com, Inc. | 3.8% | $32.56M | 148.43K | 0.0% | Held | 5 |
| 73 | SHW The Sherwin-Williams Company | 0.3% | $32.33M | 94.17K | 0.0% | Held | 5 |
| 74 | HGTY Hagerty, Inc. | 0.3% | $31.42M | 3.11M | 0.0% | Held | 5 |
| 75 | ALL The Allstate Corporation | 0.3% | $31.11M | 154.55K | 0.0% | Held | 5 |
| 76 | CMCSA Comcast Corporation | 0.3% | $29.58M | 828.78K | 0.0% | Held | 5 |
| 77 | DEO Diageo plc | 1.2% | $29.33M | 290.81K | 0.0% | Held | 5 |
| 78 | FERG Ferguson plc | 0.2% | $29.29M | 134.50K | +9.3% | ▲ Add | 4 |
| 79 | LMT Lockheed Martin Corporation | 0.2% | $28.84M | 62.26K | +1.3% | ▲ Add | 5 |
| 80 | NKE NIKE, Inc. | 0.3% | $28.52M | 401.40K | +0.5% | ▲ Add | 5 |
| 81 | ABNB Airbnb, Inc. | 0.2% | $28.06M | 212.00K | +15.3% | ▲ Add | 4 |
| 82 | TROW T. Rowe Price Group, Inc. | 0.3% | $27.21M | 282.00K | 0.0% | Held | 5 |
| 83 | V Visa Inc. | 3.0% | $27.04M | 76.15K | 0.0% | Held | 5 |
| 84 | HCA HCA Healthcare, Inc. | 0.2% | $26.42M | 68.96K | +11.2% | ▲ Add | 5 |
| 85 | RTX RTX Corporation | 0.3% | $24.74M | 169.40K | 0.0% | Held | 5 |
| 86 | URI United Rentals, Inc. | 0.2% | $23.47M | 31.15K | 0.0% | Held | 5 |
| 87 | PM Philip Morris International… | 0.2% | $20.85M | 114.50K | 0.0% | Held | 5 |
| 88 | TMO Thermo Fisher Scientific… | 0.2% | $20.09M | 49.55K | +10.1% | ▲ Add | 5 |
| 89 | SPOT Spotify Technology S.A. | 0.2% | $19.87M | 25.90K | 0.0% | Held | 5 |
| 90 | UNP Union Pacific Corporation | 0.2% | $19.83M | 86.18K | +13.4% | ▲ Add | 5 |
| 91 | CCK Crown Holdings, Inc. | 0.2% | $19.21M | 186.50K | 0.0% | Held | 5 |
| 92 | LAMR Lamar Advertising Company | 0.2% | $19.17M | 158.00K | +15.3% | ▲ Add | 5 |
| 93 | EFX Equifax Inc. | 0.2% | $18.90M | 72.85K | 0.0% | Held | 5 |
| 94 | BF-A BROWN FORMAN CORP | 0.2% | $18.64M | 678.40K | 0.0% | Held | 5 |
| 95 | WSO Watsco, Inc. | 2.1% | $18.37M | 41.60K | -4.3% | ▼ Trim | 5 |
| 96 | APD Air Products and Chemicals… | 0.2% | $18.33M | 65.00K | 0.0% | Held | 5 |
| 97 | COF Capital One Financial… | 0.2% | $17.77M | 83.50K | 0.0% | Held | 5 |
| 98 | GS The Goldman Sachs Group… | 2.1% | $16.74M | 23.65K | 0.0% | Held | 5 |
| 99 | MAR Marriott International, Inc. | 0.1% | $16.46M | 60.25K | +15.9% | ▲ Add | 5 |
| 100 | RNR RenaissanceRe Holdings Ltd. | 0.1% | $16.27M | 67.00K | 0.0% | Held | 5 |
| 101 | PGR The Progressive Corporation | 1.7% | $16.01M | 60.00K | 0.0% | Held | 5 |
| 102 | META Meta Platforms, Inc. | 1.7% | $15.95M | 21.61K | +0.1% | ▲ Add | 5 |
| 103 | CHH Choice Hotels… | 0.1% | $14.65M | 115.50K | 0.0% | Held | 5 |
| 104 | CSCO Cisco Systems, Inc. | 0.2% | $13.98M | 201.50K | +2.2% | ▲ Add | 5 |
| 105 | WFC Wells Fargo & Company | 0.1% | $13.82M | 172.45K | 0.0% | Held | 5 |
| 106 | LOW Lowe's Companies, Inc. | 1.3% | $13.70M | 61.75K | +1.3% | ▲ Add | 5 |
| 107 | CARR Carrier Global Corporation | 0.1% | $13.20M | 180.40K | 0.0% | Held | 5 |
| 108 | GD General Dynamics Corporation | 1.0% | $12.83M | 44.00K | 0.0% | Held | 5 |
| 109 | PEP PepsiCo, Inc. | 0.1% | $12.70M | 96.21K | 0.0% | Held | 5 |
| 110 | GOOGL Alphabet Inc. | 0.9% | $12.69M | 72.00K | +2.7% | ▲ Add | 5 |
| 111 | BLK BlackRock, Inc. | 2.0% | $12.59M | 12.00K | 0.0% | Held | 5 |
| 112 | TGT Target Corporation | 0.1% | $12.38M | 125.50K | 0.0% | Held | 5 |
| 113 | SHOP Shopify Inc. | 0.1% | $11.85M | 102.75K | 0.0% | Held | 5 |
| 114 | SCHW The Charles Schwab… | 1.1% | $11.77M | 129.00K | 0.0% | Held | 5 |
| 115 | MSFT Microsoft Corporation | 2.2% | $11.75M | 23.62K | +0.9% | ▲ Add | 5 |
| 116 | PAYX Paychex, Inc. | 0.2% | $11.64M | 80.00K | 0.0% | Held | 5 |
| 117 | UBER Uber Technologies, Inc. | 0.1% | $11.52M | 123.50K | +1.2% | ▲ Add | 5 |
| 118 | MMM 3M Company | 0.2% | $11.27M | 74.00K | -59.7% | ▼ Trim | 5 |
| 119 | MA Mastercard Incorporated | 1.0% | $11.23M | 19.98K | 0.0% | Held | 5 |
| 120 | BNY Bank of New York Mellon Corp | 0.1% | $11.07M | 121.50K | 0.0% | Held | 5 |
| 121 | MCO Moody's Corporation | 0.9% | $10.58M | 21.10K | 0.0% | Held | 5 |
| 122 | SMG The Scotts Miracle-Gro… | 0.1% | $10.49M | 159.00K | 0.0% | Held | 5 |
| 123 | FDS FactSet Research Systems… | 0.4% | $10.29M | 23.00K | 0.0% | Held | 5 |
| 124 | CSCO Cisco Systems, Inc. | 0.2% | $10.27M | 148.00K | +2.2% | ▲ Add | 5 |
| 125 | SEIC SEI Investments Company | 0.1% | $10.26M | 114.20K | 0.0% | Held | 5 |
| 126 | PAYX Paychex, Inc. | 0.2% | $10.18M | 70.00K | 0.0% | Held | 5 |
| 127 | AAPL Apple Inc. | 2.1% | $9.89M | 48.20K | 0.0% | Held | 5 |
| 128 | HSY The Hershey Company | 0.1% | $9.04M | 54.50K | 0.0% | Held | 5 |
| 129 | ADM Archer-Daniels-Midland… | 0.7% | $9.01M | 170.73K | +1.4% | ▲ Add | 5 |
| 130 | BF-B Brown-Forman Corporation | 0.1% | $8.85M | 328.79K | 0.0% | Held | 5 |
| 131 | SONY Sony Group Corporation | 0.1% | $8.72M | 335.00K | 0.0% | Held | 5 |
| 132 | KMX CarMax, Inc. | 0.1% | $8.70M | 129.50K | 0.0% | Held | 5 |
| 133 | OTIS Otis Worldwide Corporation | 0.1% | $8.65M | 87.32K | 0.0% | Held | 5 |
| 134 | TRU TransUnion | 0.1% | $8.63M | 98.05K | 0.0% | Held | 5 |
| 135 | HXL Hexcel Corporation | 0.1% | $8.53M | 151.00K | 0.0% | Held | 5 |
| 136 | UNH UnitedHealth Group… | 0.1% | $8.27M | 26.50K | -5.4% | ▼ Trim | 5 |
| 137 | RTX RTX Corporation | 0.3% | $7.97M | 54.60K | 0.0% | Held | 5 |
| 138 | NSP Insperity, Inc. | 0.1% | $7.92M | 131.73K | 0.0% | Held | 5 |
| 139 | IQV IQVIA Holdings Inc. | 0.1% | $7.82M | 49.64K | -15.5% | ▼ Trim | 5 |
| 140 | NSC Norfolk Southern Corporation | 0.5% | $7.42M | 29.00K | +3.0% | ▲ Add | 5 |
| 141 | OI O-I Glass, Inc. | 0.1% | $6.98M | 473.60K | -45.8% | ▼ Trim | 5 |
| 142 | FIX Comfort Systems USA, Inc. | 0.1% | $6.97M | 13.00K | 0.0% | Held | 5 |
| 143 | MMM 3M Company | 0.2% | $6.74M | 44.25K | -59.7% | ▼ Trim | 5 |
| 144 | CME CME Group Inc. | 0.1% | $6.20M | 22.50K | +136.8% | ▲ Add | 3 |
| 145 | ECL Ecolab Inc. | 0.6% | $6.20M | 23.00K | 0.0% | Held | 5 |
| 146 | ADBE Adobe Inc. | 0.0% | $5.42M | 14.00K | New | New | 1 |
| 147 | SEIC SEI Investments Company | 0.1% | $5.30M | 59.00K | 0.0% | Held | 5 |
| 148 | EMN Eastman Chemical Company | 0.0% | $5.30M | 70.95K | 0.0% | Held | 5 |
| 149 | BX Blackstone Inc. | 1.6% | $5.16M | 34.50K | 0.0% | Held | 5 |
| 150 | HII Huntington Ingalls… | 0.0% | $4.95M | 20.50K | +13.9% | ▲ Add | 3 |
| 151 | GHC Graham Holdings Company | 0.0% | $4.92M | 5.20K | 0.0% | Held | 5 |
| 152 | CMCSA Comcast Corporation | 0.3% | $4.75M | 133.10K | 0.0% | Held | 5 |
| 153 | BF-A BROWN FORMAN CORP | 0.2% | $4.52M | 164.60K | 0.0% | Held | 5 |
| 154 | MRSH Marsh & McLennan Companies… | 1.4% | $4.48M | 20.50K | +0.7% | ▲ Add | 5 |
| 155 | WRB W. R. Berkley Corporation | 0.0% | $4.46M | 60.75K | 0.0% | Held | 5 |
| 156 | CBOE Cboe Global Markets, Inc. | 0.0% | $4.43M | 19.00K | +216.7% | ▲ Add | 2 |
| 157 | ITW Illinois Tool Works Inc. | 0.7% | $4.17M | 16.85K | 0.0% | Held | 5 |
| 158 | CE Celanese Corporation | 0.0% | $4.17M | 75.30K | 0.0% | Held | 5 |
| 159 | JNJ Johnson & Johnson | 0.8% | $4.08M | 26.71K | 0.0% | Held | 5 |
| 160 | CARR Carrier Global Corporation | 0.1% | $4.00M | 54.60K | 0.0% | Held | 5 |
| 161 | BF-B Brown-Forman Corporation | 0.1% | $3.91M | 145.40K | 0.0% | Held | 5 |
| 162 | CAT Caterpillar Inc. | 1.1% | $3.88M | 10.00K | +0.2% | ▲ Add | 5 |
| 163 | SBUX Starbucks Corporation | 0.5% | $3.71M | 40.50K | 0.0% | Held | 5 |
| 164 | GPK Graphic Packaging Holding… | 0.0% | $3.67M | 174.00K | -62.3% | ▼ Trim | 5 |
| 165 | ROL Rollins, Inc. | 0.7% | $3.52M | 62.48K | +0.5% | ▲ Add | 5 |
| 166 | LIN Linde plc | 0.7% | $3.47M | 7.40K | +3.1% | ▲ Add | 5 |
| 167 | NKE NIKE, Inc. | 0.3% | $3.27M | 46.00K | +0.5% | ▲ Add | 5 |
| 168 | APO Apollo Global Management… | 1.2% | $3.19M | 22.50K | 0.0% | Held | 5 |
| 169 | AXP American Express Company | 1.3% | $3.19M | 10.00K | 0.0% | Held | 5 |
| 170 | HEI-A HEICO Corporation | 0.8% | $3.16M | 12.20K | 0.0% | Held | 5 |
| 171 | TROW T. Rowe Price Group, Inc. | 0.3% | $3.09M | 32.00K | 0.0% | Held | 5 |
| 172 | AMAT Applied Materials, Inc. | 0.0% | $3.02M | 16.50K | New | New | 1 |
| 173 | MGM MGM Resorts International | 0.0% | $3.01M | 87.50K | +2.3% | ▲ Add | 3 |
| 174 | AYI Acuity Brands, Inc. | 0.0% | $2.91M | 9.75K | 0.0% | Held | 3 |
| 175 | BALL Ball Corporation | 0.0% | $2.86M | 51.00K | 0.0% | Held | 5 |
| 176 | OTIS Otis Worldwide Corporation | 0.1% | $2.70M | 27.30K | 0.0% | Held | 5 |
| 177 | WTW Willis Towers Watson Public… | 0.0% | $2.64M | 8.63K | 0.0% | Held | 5 |
| 178 | ROK Rockwell Automation, Inc. | 0.4% | $2.62M | 7.90K | 0.0% | Held | 5 |
| 179 | ADI Analog Devices, Inc. | 2.4% | $2.62M | 11.00K | 0.0% | Held | 5 |
| 180 | WFC Wells Fargo & Company | 0.1% | $2.56M | 32.00K | 0.0% | Held | 5 |
| 181 | UNP Union Pacific Corporation | 0.2% | $2.55M | 11.10K | +13.4% | ▲ Add | 5 |
| 182 | DPZ Domino's Pizza, Inc. | 0.0% | $2.48M | 5.50K | 0.0% | Held | 4 |
| 183 | KKR KKR & Co. Inc. | 1.6% | $2.39M | 18.00K | 0.0% | Held | 5 |
| 184 | IT Gartner, Inc. | 0.0% | $2.30M | 5.70K | 0.0% | Held | 5 |
| 185 | CG The Carlyle Group Inc. | 0.6% | $2.29M | 44.50K | 0.0% | Held | 5 |
| 186 | HXL Hexcel Corporation | 0.1% | $2.15M | 38.00K | 0.0% | Held | 5 |
| 187 | INTU Intuit Inc. | 0.0% | $2.14M | 2.72K | 0.0% | Held | 5 |
| 188 | CSX CSX Corporation | 0.0% | $2.12M | 65.00K | New | New | 1 |
| 189 | EXP Eagle Materials Inc. | 0.0% | $1.82M | 9.00K | +157.1% | ▲ Add | 2 |
| 190 | SYY Sysco Corporation | 0.0% | $1.82M | 24.00K | +166.7% | ▲ Add | 2 |
| 191 | BC Brunswick Corporation | 0.0% | $1.63M | 29.50K | 0.0% | Held | 4 |
| 192 | COF Capital One Financial… | 0.2% | $1.60M | 7.50K | 0.0% | Held | 5 |
| 193 | CSGP CoStar Group, Inc. | 0.0% | $1.50M | 18.60K | 0.0% | Held | 5 |
| 194 | NVR NVR, Inc. | 0.7% | $1.29M | 175 | +0.1% | ▲ Add | 5 |
| 195 | EL The Estée Lauder Companies… | 0.0% | $1.21M | 15.00K | 0.0% | Held | 4 |
| 196 | THG The Hanover Insurance… | 0.4% | $1.02M | 6.00K | +0.4% | ▲ Add | 5 |
| 197 | ODFL Old Dominion Freight Line… | 0.5% | $973,800 | 6.00K | +9.3% | ▲ Add | 5 |
| 198 | ICE Intercontinental Exchange… | 0.0% | $939,366 | 5.12K | 0.0% | Held | 5 |
| 199 | FDX FedEx Corporation | 0.4% | $909,240 | 4.00K | 0.0% | Held | 5 |
| 200 | LPLA LPL Financial Holdings Inc. | 1.7% | $858,306 | 2.29K | +1.0% | ▲ Add | 5 |
| 201 | VRSK Verisk Analytics, Inc. | 0.4% | $778,750 | 2.50K | 0.0% | Held | 5 |
| 202 | BUD Anheuser-Busch InBev SA/NV | 0.0% | $755,920 | 11.00K | 0.0% | Held | 5 |
| 203 | TGT Target Corporation | 0.1% | $739,875 | 7.50K | 0.0% | Held | 5 |
| 204 | RNR RenaissanceRe Holdings Ltd. | 0.1% | $728,700 | 3.00K | 0.0% | Held | 5 |
| 205 | SMG The Scotts Miracle-Gro… | 0.1% | $593,640 | 9.00K | 0.0% | Held | 5 |
| 206 | MSCI MSCI Inc. | 0.7% | $576,740 | 1.00K | 0.0% | Held | 5 |
| 207 | TSN Tyson Foods, Inc. | 0.4% | $559,400 | 10.00K | +2.2% | ▲ Add | 5 |
| 208 | AON Aon plc | 0.4% | $535,140 | 1.50K | +0.3% | ▲ Add | 5 |
| 209 | SPGI S&P Global Inc. | 0.7% | $527,290 | 1.00K | 0.0% | Held | 5 |
| 210 | KMX CarMax, Inc. | 0.1% | $470,470 | 7.00K | 0.0% | Held | 5 |
| 211 | DG Dollar General Corporation | 0.8% | $400,330 | 3.50K | 0.0% | Held | 5 |
| 212 | CE Celanese Corporation | 0.0% | $331,980 | 6.00K | 0.0% | Held | 5 |
| 213 | CCK Crown Holdings, Inc. | 0.2% | $308,940 | 3.00K | 0.0% | Held | 5 |
| 214 | EMN Eastman Chemical Company | 0.0% | $298,640 | 4.00K | 0.0% | Held | 5 |
| 215 | TRU TransUnion | 0.1% | $264,000 | 3.00K | 0.0% | Held | 5 |
| 216 | OI O-I Glass, Inc. | 0.1% | $1,474 | 100 | -45.8% | ▼ Trim | 5 |
| 217 | ACN Accenture plc | 0.4% | $299 | 1 | 0.0% | Held | 5 |
| 218 | TXN Texas Instruments… | 1.3% | $208 | 1 | 0.0% | Held | 5 |
Common-stock (SH) positions only; option lines are in the Options tab and are never netted. ✂ = change computed against split-adjusted prior shares. “Held N+” = held every quarter in our window, possibly longer.
| Security | Shares | Prior | Change | Value | Weight | Streak |
|---|---|---|---|---|---|---|
| ADBE Adobe Inc. | 14.00K | — | New | $5.42M | 0.0% | |
| AMAT Applied Materials, Inc. | 16.50K | — | New | $3.02M | 0.0% | |
| CSX CSX Corporation | 65.00K | — | New | $2.12M | 0.0% |
| Security | Shares | Prior | Change | Value | Weight | Streak |
|---|---|---|---|---|---|---|
| DE Deere & Company | 877.90K | 877.70K | 0.0% | $446.40M | 3.8% | ●●●●○○ |
| MSFT Microsoft Corporation | 527.48K | 522.73K | +0.9% | $262.37M | 2.2% | ●●●●○○ |
| META Meta Platforms, Inc. | 280.28K | 280.08K | +0.1% | $206.87M | 1.7% | ●●●●○○ |
| LPLA LPL Financial Holdings… | 544.60K | 539.10K | +1.0% | $204.21M | 1.7% | ●●●●○○ |
| MRSH Marsh & McLennan… | 748.75K | 743.50K | +0.7% | $163.71M | 1.4% | ●●●●○○ |
| LOW Lowe's Companies, Inc. | 717.23K | 708.23K | +1.3% | $159.13M | 1.3% | ●●●●○○ |
| NVO Novo Nordisk A/S | 2.26M | 2.15M | +5.0% | $155.89M | 1.3% | |
| CAT Caterpillar Inc. | 328.65K | 328.05K | +0.2% | $127.59M | 1.1% | ●●●●○○ |
| GOOGL Alphabet Inc. | 572.00K | 557.00K | +2.7% | $100.80M | 0.9% | ●●○○○○ |
| FNV Franco-Nevada… | 569.50K | 525.25K | +8.4% | $93.35M | 0.8% | ●●●●○○ |
| NVR NVR, Inc. | 11.90K | 11.88K | +0.1% | $87.87M | 0.7% | ●●●●○○ |
| LIN Linde plc | 186.60K | 181.00K | +3.1% | $87.55M | 0.7% | ●●●●○○ |
| ADM Archer-Daniels-Midland… | 1.57M | 1.55M | +1.4% | $83.07M | 0.7% | ●●●○○○ |
| ROL Rollins, Inc. | 1.47M | 1.46M | +0.5% | $82.90M | 0.7% | |
| NSC Norfolk Southern… | 236.50K | 229.50K | +3.0% | $60.54M | 0.5% | |
| ODFL Old Dominion Freight… | 342.45K | 313.20K | +9.3% | $55.58M | 0.5% | ●●●●○○ |
| AON Aon plc | 129.80K | 129.45K | +0.3% | $46.31M | 0.4% | ●●●●○○ |
| TSN Tyson Foods, Inc. | 816.00K | 798.50K | +2.2% | $45.65M | 0.4% | |
| THG The Hanover Insurance… | 281.00K | 280.00K | +0.4% | $47.73M | 0.4% | ●●●●○○ |
| YUM Yum! Brands, Inc. | 226.45K | 225.45K | +0.4% | $33.56M | 0.3% | ●●●●○○ |
| NKE NIKE, Inc. | 447.40K | 445.40K | +0.5% | $31.78M | 0.3% | ●●●●○○ |
| FERG Ferguson plc | 134.50K | 123.00K | +9.3% | $29.29M | 0.2% | ●●●●○○ |
| LMT Lockheed Martin… | 62.26K | 61.46K | +1.3% | $28.84M | 0.2% | ●●○○○○ |
| ABNB Airbnb, Inc. | 212.00K | 183.82K | +15.3% | $28.06M | 0.2% | ●●●●○○ |
| HCA HCA Healthcare, Inc. | 68.96K | 62.00K | +11.2% | $26.42M | 0.2% | ●●●●○○ |
| CSCO Cisco Systems, Inc. | 349.50K | 342.00K | +2.2% | $24.25M | 0.2% | |
| TMO Thermo Fisher… | 49.55K | 45.00K | +10.1% | $20.09M | 0.2% | ●●●●○○ |
| UNP Union Pacific… | 97.28K | 85.78K | +13.4% | $22.38M | 0.2% | |
| LAMR Lamar Advertising… | 158.00K | 137.00K | +15.3% | $19.17M | 0.2% | ●●●●○○ |
| MAR Marriott International… | 60.25K | 52.00K | +15.9% | $16.46M | 0.1% | ●●●●○○ |
| UBER Uber Technologies, Inc. | 123.50K | 122.00K | +1.2% | $11.52M | 0.1% | ●●●●○○ |
| CME CME Group Inc. | 22.50K | 9.50K | +136.8% | $6.20M | 0.1% | ●●●○○○ |
| HII Huntington Ingalls… | 20.50K | 18.00K | +13.9% | $4.95M | 0.0% | ●●●○○○ |
| CBOE Cboe Global Markets… | 19.00K | 6.00K | +216.7% | $4.43M | 0.0% | ●●○○○○ |
| MGM MGM Resorts… | 87.50K | 85.50K | +2.3% | $3.01M | 0.0% | ●●●○○○ |
| EXP Eagle Materials Inc. | 9.00K | 3.50K | +157.1% | $1.82M | 0.0% | ●●○○○○ |
| SYY Sysco Corporation | 24.00K | 9.00K | +166.7% | $1.82M | 0.0% | ●●○○○○ |
| Security | Shares | Prior | Change | Value | Weight | Streak |
|---|---|---|---|---|---|---|
| WSO Watsco, Inc. | 565.17K | 590.50K | -4.3% | $249.59M | 2.1% | |
| MMM 3M Company | 118.25K | 293.75K | -59.7% | $18.00M | 0.2% | |
| UNH UnitedHealth Group… | 26.50K | 28.01K | -5.4% | $8.27M | 0.1% | |
| GPK Graphic Packaging… | 174.00K | 461.23K | -62.3% | $3.67M | 0.0% | |
| IQV IQVIA Holdings Inc. | 49.64K | 58.73K | -15.5% | $7.82M | 0.1% | |
| OI O-I Glass, Inc. | 473.70K | 874.10K | -45.8% | $6.98M | 0.1% |
| Security | Shares | Prior | Change | Value | Weight | Streak |
|---|---|---|---|---|---|---|
| CABO Cable One, Inc. | — | 11.90K | Exit | $3.16M | 0.0% |
Position age
30–1 quarters
122–4 quarters
1225–8 quarters
Consecutive quarters each current position has been reported, within our data window.
Similar managers
| Manager | Common positions | Name overlap | Weighted similarity | |
|---|---|---|---|---|
| First Manhattan Co. Llc. | 88 | 11.5% | 0.5431 | Compare ⇄ |
| Fayez Sarofim & Co | 77 | 21.9% | 0.4651 | Compare ⇄ |
| Blair William & Co/Il | 121 | 6.3% | 0.4471 | Compare ⇄ |
| Baird Financial Group, Inc. | 115 | 6.1% | 0.443 | Compare ⇄ |
| Neuberger Berman Group LLC | 129 | 5.7% | 0.4397 | Compare ⇄ |
| Chevy Chase Trust Holdings, LLC | 102 | 15.1% | 0.4098 | Compare ⇄ |
| Brown Advisory Inc | 118 | 8.3% | 0.4098 | Compare ⇄ |
| Aberdeen Group plc | 102 | 10.7% | 0.4012 | Compare ⇄ |
Similarity of reported longs only — hedges and non-13F assets are invisible. Methodology
Filing record
Jul 31 2026
13F-HR · period Q2 2026
$13.13B · 205 positions · View original SEC filing ↗
May 01 2026
13F-HR · period Q1 2026
$11.94B · 205 positions · View original SEC filing ↗
Feb 06 2026
13F-HR · period Q4 2025
$12.54B · 205 positions · View original SEC filing ↗
Oct 31 2025
13F-HR · period Q3 2025
$12.32B · 208 positions · View original SEC filing ↗
Aug 01 2025
13F-HR · period Q2 2025
$11.83B · 218 positions · View original SEC filing ↗
May 02 2025
13F-HR · period Q1 2025
$11.26B · 217 positions · View original SEC filing ↗
Feb 07 2025
13F-HR · period Q4 2024
$11.34B · 214 positions · View original SEC filing ↗
Nov 01 2024
13F-HR · period Q3 2024
$11.11B · 216 positions · View original SEC filing ↗
Aug 02 2024
13F-HR · period Q2 2024
$10.17B · 222 positions · View original SEC filing ↗
Provenance: All holdings parsed from this manager's 13F information tables on SEC EDGAR; values as reported, whole USD. Changes compare the latest accepted version of each quarter (amendments incorporated) on split-adjusted share counts.
Reporting period: Q2 2025 · latest filing Jul 31, 2026 ·
Change methodology