Manager record · ✦ curated · archived quarter
Markel Group
Insurance holding company · Glen Allen, VA · CIK 1096343 · EDGAR filings ↗
Buffett-style equity book inside an insurer.
$12.32BReported 13F value
208Positions
40.9%Top-10 weight
39.00Effective holdings
3.1%Est. turnover
+3New
−11Exits
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
45.8% (-0.7pp)
Industrials
13.9% (-0.4pp)
Consumer Cyclical
10.7% (+0.0pp)
Communication Services
10.6% (+1.2pp)
Technology
9.5% (+0.1pp)
Consumer Defensive
3.8% (-0.3pp)
Basic Materials
3.0% (+0.2pp)
Healthcare
2.6% (-0.1pp)
Real Estate
0.2% (+0.0pp)
Energy
0.0%
Share of reported common-equity value; (±pp) vs prior quarter.
The portfolio · Q3 2025
| # | Security | Weight | Value | Shares | Δ shares | Held | |
|---|---|---|---|---|---|---|---|
| 1 | GOOG Alphabet Inc. | 5.4% | $597.34M | 2.45M | 0.0% | Held | 6 |
| 2 | BRK-B Berkshire Hathaway Inc. | 6.3% | $555.26M | 1.10M | 0.0% | Held | 6 |
| 3 | BRK-A Berkshire Hathaway Inc. | 6.8% | $444.98M | 590 | 0.0% | Held | 6 |
| 4 | AMZN Amazon.com, Inc. | 3.6% | $413.30M | 1.88M | 0.0% | Held | 6 |
| 5 | DE Deere & Company | 3.3% | $401.43M | 877.90K | 0.0% | Held | 6 |
| 6 | BRK-A Berkshire Hathaway Inc. | 6.8% | $395.20M | 524 | 0.0% | Held | 6 |
| 7 | BN Brookfield Corporation | 4.9% | $380.18M | 5.54M | 0.0% | Held | 6 |
| 8 | V Visa Inc. | 2.8% | $315.14M | 923.13K | 0.0% | Held | 6 |
| 9 | AAPL Apple Inc. | 2.5% | $300.23M | 1.18M | 0.0% | Held | 6 |
| 10 | ADI Analog Devices, Inc. | 2.3% | $284.19M | 1.16M | 0.0% | Held | 6 |
| 11 | GS The Goldman Sachs Group… | 2.3% | $267.34M | 335.71K | 0.0% | Held | 6 |
| 12 | MSFT Microsoft Corporation | 2.2% | $263.36M | 508.46K | +0.9% | ▲ Add | 6 |
| 13 | HD The Home Depot, Inc. | 3.0% | $260.58M | 643.09K | 0.0% | Held | 6 |
| 14 | BLK BlackRock, Inc. | 2.1% | $242.73M | 208.20K | 0.0% | Held | 6 |
| 15 | BN Brookfield Corporation | 4.9% | $217.55M | 3.17M | 0.0% | Held | 6 |
| 16 | BRK-B Berkshire Hathaway Inc. | 6.3% | $214.93M | 427.51K | 0.0% | Held | 6 |
| 17 | WSO Watsco, Inc. | 1.9% | $211.68M | 523.57K | 0.0% | Held | 6 |
| 18 | BX Blackstone Inc. | 1.7% | $204.08M | 1.19M | 0.0% | Held | 6 |
| 19 | META Meta Platforms, Inc. | 1.7% | $189.96M | 258.67K | 0.0% | Held | 6 |
| 20 | KKR KKR & Co. Inc. | 1.5% | $186.32M | 1.43M | 0.0% | Held | 6 |
| 21 | LPLA LPL Financial Holdings Inc. | 1.5% | $183.32M | 551.03K | +1.6% | ▲ Add | 6 |
| 22 | DIS The Walt Disney Company | 1.9% | $180.62M | 1.58M | 0.0% | Held | 6 |
| 23 | PGR The Progressive Corporation | 1.5% | $171.32M | 693.75K | 0.0% | Held | 6 |
| 24 | LOW Lowe's Companies, Inc. | 1.5% | $167.12M | 664.98K | +1.3% | ▲ Add | 6 |
| 25 | AXP American Express Company | 1.3% | $157.53M | 474.25K | 0.0% | Held | 6 |
| 26 | CAT Caterpillar Inc. | 1.3% | $152.04M | 318.65K | 0.0% | Held | 6 |
| 27 | MRSH Marsh & McLennan Companies… | 1.2% | $148.02M | 734.50K | +0.8% | ▲ Add | 6 |
| 28 | RLI RLI Corp. | 1.3% | $143.59M | 2.20M | 0.0% | Held | 6 |
| 29 | FNV Franco-Nevada Corporation | 1.1% | $134.97M | 605.50K | +6.3% | ▲ Add | 6 |
| 30 | TXN Texas Instruments… | 1.1% | $133.02M | 724.00K | 0.0% | Held | 6 |
| 31 | APO Apollo Global Management… | 1.1% | $131.94M | 990.00K | 0.0% | Held | 6 |
| 32 | GOOGL Alphabet Inc. | 1.1% | $121.55M | 500.00K | 0.0% | Held | 6 |
| 33 | GD General Dynamics Corporation | 1.1% | $118.33M | 347.00K | 0.0% | Held | 6 |
| 34 | SCHW The Charles Schwab… | 1.1% | $117.98M | 1.24M | 0.0% | Held | 6 |
| 35 | HD The Home Depot, Inc. | 3.0% | $112.20M | 276.91K | 0.0% | Held | 6 |
| 36 | JNJ Johnson & Johnson | 0.9% | $108.30M | 584.09K | 0.0% | Held | 6 |
| 37 | MA Mastercard Incorporated | 1.0% | $106.68M | 187.56K | 0.0% | Held | 6 |
| 38 | NVR NVR, Inc. | 0.8% | $94.18M | 11.72K | 0.0% | Held | 6 |
| 39 | HEI-A HEICO Corporation | 0.8% | $93.36M | 367.44K | 0.0% | Held | 6 |
| 40 | MCO Moody's Corporation | 0.8% | $91.86M | 192.79K | 0.0% | Held | 6 |
| 41 | DG Dollar General Corporation | 0.7% | $89.48M | 865.75K | 0.0% | Held | 6 |
| 42 | LIN Linde plc | 0.7% | $88.09M | 185.45K | +3.4% | ▲ Add | 6 |
| 43 | ROL Rollins, Inc. | 0.7% | $83.02M | 1.41M | +0.4% | ▲ Add | 6 |
| 44 | ITW Illinois Tool Works Inc. | 0.7% | $81.00M | 310.65K | 0.0% | Held | 6 |
| 45 | MSCI MSCI Inc. | 0.7% | $80.49M | 141.85K | 0.0% | Held | 6 |
| 46 | CG The Carlyle Group Inc. | 0.7% | $80.41M | 1.28M | 0.0% | Held | 6 |
| 47 | ADM Archer-Daniels-Midland… | 0.7% | $79.76M | 1.34M | -4.3% | ▼ Trim | 6 |
| 48 | JPM JPMorgan Chase & Co. | 0.6% | $79.66M | 252.55K | 0.0% | Held | 6 |
| 49 | DEO Diageo plc | 1.1% | $74.57M | 781.39K | 0.0% | Held | 6 |
| 50 | SPGI S&P Global Inc. | 0.6% | $72.86M | 149.69K | 0.0% | Held | 6 |
| 51 | GOOG Alphabet Inc. | 5.4% | $72.39M | 297.23K | 0.0% | Held | 6 |
| 52 | BAM Brookfield Asset Management… | 1.0% | $70.52M | 1.24M | 0.0% | Held | 6 |
| 53 | ECL Ecolab Inc. | 0.6% | $68.82M | 251.30K | 0.0% | Held | 6 |
| 54 | NSC Norfolk Southern Corporation | 0.6% | $68.34M | 227.50K | +8.5% | ▲ Add | 6 |
| 55 | NVO Novo Nordisk A/S | 1.1% | $66.14M | 1.19M | +4.9% | ▲ Add | 6 |
| 56 | NVO Novo Nordisk A/S | 1.1% | $65.30M | 1.18M | +4.9% | ▲ Add | 6 |
| 57 | ITIC INVESTORS TITLE CO NC | 0.5% | $57.13M | 213.30K | 0.0% | Held | 6 |
| 58 | DEO Diageo plc | 1.1% | $55.86M | 585.31K | 0.0% | Held | 6 |
| 59 | BAM Brookfield Asset Management… | 1.0% | $54.40M | 955.45K | 0.0% | Held | 6 |
| 60 | DIS The Walt Disney Company | 1.9% | $52.01M | 454.24K | 0.0% | Held | 6 |
| 61 | ROK Rockwell Automation, Inc. | 0.4% | $51.38M | 147.00K | 0.0% | Held | 6 |
| 62 | THG The Hanover Insurance… | 0.4% | $49.95M | 275.00K | 0.0% | Held | 6 |
| 63 | ODFL Old Dominion Freight Line… | 0.4% | $49.66M | 352.75K | +4.8% | ▲ Add | 6 |
| 64 | SBUX Starbucks Corporation | 0.4% | $49.35M | 583.32K | 0.0% | Held | 6 |
| 65 | FDX FedEx Corporation | 0.4% | $49.28M | 209.00K | 0.0% | Held | 6 |
| 66 | AON Aon plc | 0.4% | $45.75M | 128.30K | 0.0% | Held | 6 |
| 67 | TSN Tyson Foods, Inc. | 0.4% | $45.53M | 838.50K | +4.0% | ▲ Add | 6 |
| 68 | ACN Accenture plc | 0.3% | $39.31M | 159.40K | 0.0% | Held | 6 |
| 69 | VRSK Verisk Analytics, Inc. | 0.3% | $38.59M | 153.45K | 0.0% | Held | 6 |
| 70 | HGTY Hagerty, Inc. | 0.3% | $37.45M | 3.11M | 0.0% | Held | 6 |
| 71 | COST Costco Wholesale Corporation | 0.3% | $36.24M | 39.15K | 0.0% | Held | 6 |
| 72 | YUM Yum! Brands, Inc. | 0.3% | $34.42M | 226.45K | 0.0% | Held | 6 |
| 73 | ALL The Allstate Corporation | 0.3% | $33.17M | 154.55K | 0.0% | Held | 6 |
| 74 | FERG Ferguson plc | 0.3% | $33.01M | 147.00K | +9.3% | ▲ Add | 5 |
| 75 | SHW The Sherwin-Williams Company | 0.3% | $32.61M | 94.17K | 0.0% | Held | 6 |
| 76 | AMZN Amazon.com, Inc. | 3.6% | $32.59M | 148.43K | 0.0% | Held | 6 |
| 77 | HCA HCA Healthcare, Inc. | 0.3% | $32.06M | 75.21K | +9.1% | ▲ Add | 6 |
| 78 | LMT Lockheed Martin Corporation | 0.3% | $31.08M | 62.26K | 0.0% | Held | 6 |
| 79 | URI United Rentals, Inc. | 0.2% | $29.74M | 31.15K | 0.0% | Held | 6 |
| 80 | TROW T. Rowe Price Group, Inc. | 0.3% | $28.94M | 282.00K | 0.0% | Held | 6 |
| 81 | RTX RTX Corporation | 0.3% | $28.35M | 169.40K | 0.0% | Held | 6 |
| 82 | NKE NIKE, Inc. | 0.3% | $27.99M | 401.40K | 0.0% | Held | 6 |
| 83 | ABNB Airbnb, Inc. | 0.2% | $27.58M | 227.13K | +7.1% | ▲ Add | 5 |
| 84 | UNP Union Pacific Corporation | 0.2% | $27.34M | 115.68K | +30.3% | ▲ Add | 6 |
| 85 | TMO Thermo Fisher Scientific… | 0.2% | $27.06M | 55.80K | +12.6% | ▲ Add | 6 |
| 86 | FDS FactSet Research Systems… | 0.3% | $26.85M | 93.72K | 0.0% | Held | 6 |
| 87 | CMCSA Comcast Corporation | 0.2% | $26.04M | 828.78K | 0.0% | Held | 6 |
| 88 | V Visa Inc. | 2.8% | $26.00M | 76.15K | 0.0% | Held | 6 |
| 89 | LAMR Lamar Advertising Company | 0.2% | $20.81M | 170.00K | +7.6% | ▲ Add | 6 |
| 90 | MAR Marriott International, Inc. | 0.2% | $19.08M | 73.25K | +21.6% | ▲ Add | 6 |
| 91 | GS The Goldman Sachs Group… | 2.3% | $18.83M | 23.65K | 0.0% | Held | 6 |
| 92 | EFX Equifax Inc. | 0.2% | $18.69M | 72.85K | 0.0% | Held | 6 |
| 93 | PM Philip Morris International… | 0.2% | $18.57M | 114.50K | 0.0% | Held | 6 |
| 94 | BF-A BROWN FORMAN CORP | 0.2% | $18.26M | 678.40K | 0.0% | Held | 6 |
| 95 | SPOT Spotify Technology S.A. | 0.1% | $18.08M | 25.90K | 0.0% | Held | 6 |
| 96 | CCK Crown Holdings, Inc. | 0.1% | $18.01M | 186.50K | 0.0% | Held | 6 |
| 97 | COF Capital One Financial… | 0.2% | $17.75M | 83.50K | 0.0% | Held | 6 |
| 98 | APD Air Products and Chemicals… | 0.1% | $17.73M | 65.00K | 0.0% | Held | 6 |
| 99 | GOOGL Alphabet Inc. | 1.1% | $17.50M | 72.00K | 0.0% | Held | 6 |
| 100 | RNR RenaissanceRe Holdings Ltd. | 0.1% | $17.01M | 67.00K | 0.0% | Held | 6 |
| 101 | WSO Watsco, Inc. | 1.9% | $16.82M | 41.60K | 0.0% | Held | 6 |
| 102 | META Meta Platforms, Inc. | 1.7% | $15.87M | 21.61K | 0.0% | Held | 6 |
| 103 | LOW Lowe's Companies, Inc. | 1.5% | $15.52M | 61.75K | +1.3% | ▲ Add | 6 |
| 104 | SHOP Shopify Inc. | 0.1% | $15.27M | 102.75K | 0.0% | Held | 6 |
| 105 | GD General Dynamics Corporation | 1.1% | $15.00M | 44.00K | 0.0% | Held | 6 |
| 106 | PGR The Progressive Corporation | 1.5% | $14.82M | 60.00K | 0.0% | Held | 6 |
| 107 | WFC Wells Fargo & Company | 0.1% | $14.45M | 172.45K | 0.0% | Held | 6 |
| 108 | CSCO Cisco Systems, Inc. | 0.2% | $14.20M | 207.50K | +1.7% | ▲ Add | 6 |
| 109 | BLK BlackRock, Inc. | 2.1% | $13.99M | 12.00K | 0.0% | Held | 6 |
| 110 | PEP PepsiCo, Inc. | 0.1% | $13.51M | 96.21K | 0.0% | Held | 6 |
| 111 | BNY Bank of New York Mellon Corp | 0.1% | $13.24M | 121.50K | 0.0% | Held | 6 |
| 112 | RLI RLI Corp. | 1.3% | $12.58M | 192.95K | 0.0% | Held | 6 |
| 113 | CHH Choice Hotels… | 0.1% | $12.35M | 115.50K | 0.0% | Held | 6 |
| 114 | SCHW The Charles Schwab… | 1.1% | $12.32M | 129.00K | 0.0% | Held | 6 |
| 115 | AAPL Apple Inc. | 2.5% | $12.27M | 48.20K | 0.0% | Held | 6 |
| 116 | MSFT Microsoft Corporation | 2.2% | $12.23M | 23.62K | +0.9% | ▲ Add | 6 |
| 117 | UBER Uber Technologies, Inc. | 0.1% | $12.10M | 123.50K | 0.0% | Held | 6 |
| 118 | MA Mastercard Incorporated | 1.0% | $11.37M | 19.98K | 0.0% | Held | 6 |
| 119 | TGT Target Corporation | 0.1% | $11.26M | 125.50K | 0.0% | Held | 6 |
| 120 | CARR Carrier Global Corporation | 0.1% | $10.77M | 180.40K | 0.0% | Held | 6 |
| 121 | FIX Comfort Systems USA, Inc. | 0.1% | $10.73M | 13.00K | 0.0% | Held | 6 |
| 122 | ADM Archer-Daniels-Midland… | 0.7% | $10.20M | 170.73K | -4.3% | ▼ Trim | 6 |
| 123 | HSY The Hershey Company | 0.1% | $10.19M | 54.50K | 0.0% | Held | 6 |
| 124 | PAYX Paychex, Inc. | 0.2% | $10.14M | 80.00K | 0.0% | Held | 6 |
| 125 | CSCO Cisco Systems, Inc. | 0.2% | $10.13M | 148.00K | +1.7% | ▲ Add | 6 |
| 126 | CSX CSX Corporation | 0.1% | $10.12M | 285.00K | +338.5% | ▲ Add | 2 |
| 127 | MCO Moody's Corporation | 0.8% | $10.05M | 21.10K | 0.0% | Held | 6 |
| 128 | SEIC SEI Investments Company | 0.1% | $9.69M | 114.20K | 0.0% | Held | 6 |
| 129 | SONY Sony Group Corporation | 0.1% | $9.64M | 335.00K | 0.0% | Held | 6 |
| 130 | HXL Hexcel Corporation | 0.1% | $9.47M | 151.00K | 0.0% | Held | 6 |
| 131 | UNH UnitedHealth Group… | 0.1% | $9.15M | 26.50K | 0.0% | Held | 6 |
| 132 | RTX RTX Corporation | 0.3% | $9.14M | 54.60K | 0.0% | Held | 6 |
| 133 | SMG The Scotts Miracle-Gro… | 0.1% | $9.06M | 159.00K | 0.0% | Held | 6 |
| 134 | IQV IQVIA Holdings Inc. | 0.1% | $8.91M | 46.90K | -5.5% | ▼ Trim | 6 |
| 135 | BF-B Brown-Forman Corporation | 0.1% | $8.90M | 328.79K | 0.0% | Held | 6 |
| 136 | PAYX Paychex, Inc. | 0.2% | $8.87M | 70.00K | 0.0% | Held | 6 |
| 137 | NSC Norfolk Southern Corporation | 0.6% | $8.71M | 29.00K | +8.5% | ▲ Add | 6 |
| 138 | CME CME Group Inc. | 0.1% | $8.65M | 32.00K | +42.2% | ▲ Add | 4 |
| 139 | TRU TransUnion | 0.1% | $8.21M | 98.05K | 0.0% | Held | 6 |
| 140 | OTIS Otis Worldwide Corporation | 0.1% | $7.98M | 87.32K | 0.0% | Held | 6 |
| 141 | CBOE Cboe Global Markets, Inc. | 0.1% | $6.99M | 28.50K | +50.0% | ▲ Add | 3 |
| 142 | FDS FactSet Research Systems… | 0.3% | $6.59M | 23.00K | 0.0% | Held | 6 |
| 143 | NSP Insperity, Inc. | 0.1% | $6.48M | 131.73K | 0.0% | Held | 6 |
| 144 | ECL Ecolab Inc. | 0.6% | $6.30M | 23.00K | 0.0% | Held | 6 |
| 145 | GHC Graham Holdings Company | 0.1% | $6.12M | 5.20K | 0.0% | Held | 6 |
| 146 | HII Huntington Ingalls… | 0.0% | $5.90M | 20.50K | 0.0% | Held | 4 |
| 147 | BX Blackstone Inc. | 1.7% | $5.89M | 34.50K | 0.0% | Held | 6 |
| 148 | KMX CarMax, Inc. | 0.1% | $5.81M | 129.50K | 0.0% | Held | 6 |
| 149 | AMAT Applied Materials, Inc. | 0.0% | $5.37M | 26.25K | +59.1% | ▲ Add | 2 |
| 150 | SEIC SEI Investments Company | 0.1% | $5.01M | 59.00K | 0.0% | Held | 6 |
| 151 | JNJ Johnson & Johnson | 0.9% | $4.95M | 26.71K | 0.0% | Held | 6 |
| 152 | ADBE Adobe Inc. | 0.0% | $4.94M | 14.00K | 0.0% | Held | 2 |
| 153 | CAT Caterpillar Inc. | 1.3% | $4.77M | 10.00K | 0.0% | Held | 6 |
| 154 | WRB W. R. Berkley Corporation | 0.0% | $4.65M | 60.75K | 0.0% | Held | 6 |
| 155 | EMN Eastman Chemical Company | 0.0% | $4.47M | 70.95K | 0.0% | Held | 6 |
| 156 | BF-A BROWN FORMAN CORP | 0.2% | $4.43M | 164.60K | 0.0% | Held | 6 |
| 157 | ITW Illinois Tool Works Inc. | 0.7% | $4.39M | 16.85K | 0.0% | Held | 6 |
| 158 | CMCSA Comcast Corporation | 0.2% | $4.18M | 133.10K | 0.0% | Held | 6 |
| 159 | MRSH Marsh & McLennan Companies… | 1.2% | $4.13M | 20.50K | +0.8% | ▲ Add | 6 |
| 160 | BF-B Brown-Forman Corporation | 0.1% | $3.94M | 145.40K | 0.0% | Held | 6 |
| 161 | ROL Rollins, Inc. | 0.7% | $3.67M | 62.48K | +0.4% | ▲ Add | 6 |
| 162 | LIN Linde plc | 0.7% | $3.52M | 7.40K | +3.4% | ▲ Add | 6 |
| 163 | EXP Eagle Materials Inc. | 0.0% | $3.44M | 14.75K | +63.9% | ▲ Add | 3 |
| 164 | SBUX Starbucks Corporation | 0.4% | $3.43M | 40.50K | 0.0% | Held | 6 |
| 165 | AYI Acuity Brands, Inc. | 0.0% | $3.36M | 9.75K | 0.0% | Held | 4 |
| 166 | AXP American Express Company | 1.3% | $3.32M | 10.00K | 0.0% | Held | 6 |
| 167 | TROW T. Rowe Price Group, Inc. | 0.3% | $3.28M | 32.00K | 0.0% | Held | 6 |
| 168 | CARR Carrier Global Corporation | 0.1% | $3.26M | 54.60K | 0.0% | Held | 6 |
| 169 | NKE NIKE, Inc. | 0.3% | $3.21M | 46.00K | 0.0% | Held | 6 |
| 170 | HEI-A HEICO Corporation | 0.8% | $3.10M | 12.20K | 0.0% | Held | 6 |
| 171 | MGM MGM Resorts International | 0.0% | $3.03M | 87.50K | 0.0% | Held | 4 |
| 172 | APO Apollo Global Management… | 1.1% | $3.00M | 22.50K | 0.0% | Held | 6 |
| 173 | CG The Carlyle Group Inc. | 0.7% | $2.79M | 44.50K | 0.0% | Held | 6 |
| 174 | ROK Rockwell Automation, Inc. | 0.4% | $2.76M | 7.90K | 0.0% | Held | 6 |
| 175 | ADI Analog Devices, Inc. | 2.3% | $2.70M | 11.00K | 0.0% | Held | 6 |
| 176 | WFC Wells Fargo & Company | 0.1% | $2.68M | 32.00K | 0.0% | Held | 6 |
| 177 | UNP Union Pacific Corporation | 0.2% | $2.62M | 11.10K | +30.3% | ▲ Add | 6 |
| 178 | SYY Sysco Corporation | 0.0% | $2.51M | 30.50K | +27.1% | ▲ Add | 3 |
| 179 | OTIS Otis Worldwide Corporation | 0.1% | $2.50M | 27.30K | 0.0% | Held | 6 |
| 180 | HXL Hexcel Corporation | 0.1% | $2.38M | 38.00K | 0.0% | Held | 6 |
| 181 | DPZ Domino's Pizza, Inc. | 0.0% | $2.37M | 5.50K | 0.0% | Held | 5 |
| 182 | CNI Canadian National Railway… | 0.0% | $2.36M | 25.00K | New | New | 1 |
| 183 | KKR KKR & Co. Inc. | 1.5% | $2.34M | 18.00K | 0.0% | Held | 6 |
| 184 | CP Canadian Pacific Kansas… | 0.0% | $2.31M | 31.00K | New | New | 1 |
| 185 | BC Brunswick Corporation | 0.0% | $2.12M | 33.50K | +13.6% | ▲ Add | 5 |
| 186 | COF Capital One Financial… | 0.2% | $1.59M | 7.50K | 0.0% | Held | 6 |
| 187 | NVR NVR, Inc. | 0.8% | $1.41M | 175 | 0.0% | Held | 6 |
| 188 | THG The Hanover Insurance… | 0.4% | $1.09M | 6.00K | 0.0% | Held | 6 |
| 189 | ICE Intercontinental Exchange… | 0.0% | $946,858 | 5.62K | +9.8% | ▲ Add | 6 |
| 190 | FDX FedEx Corporation | 0.4% | $943,240 | 4.00K | 0.0% | Held | 6 |
| 191 | ODFL Old Dominion Freight Line… | 0.4% | $844,680 | 6.00K | +4.8% | ▲ Add | 6 |
| 192 | RNR RenaissanceRe Holdings Ltd. | 0.1% | $761,790 | 3.00K | 0.0% | Held | 6 |
| 193 | LPLA LPL Financial Holdings Inc. | 1.5% | $761,527 | 2.29K | +1.6% | ▲ Add | 6 |
| 194 | TGT Target Corporation | 0.1% | $672,750 | 7.50K | 0.0% | Held | 6 |
| 195 | VRSK Verisk Analytics, Inc. | 0.3% | $628,775 | 2.50K | 0.0% | Held | 6 |
| 196 | MSCI MSCI Inc. | 0.7% | $567,410 | 1.00K | 0.0% | Held | 6 |
| 197 | TSN Tyson Foods, Inc. | 0.4% | $543,000 | 10.00K | +4.0% | ▲ Add | 6 |
| 198 | AON Aon plc | 0.4% | $534,870 | 1.50K | 0.0% | Held | 6 |
| 199 | SMG The Scotts Miracle-Gro… | 0.1% | $512,550 | 9.00K | 0.0% | Held | 6 |
| 200 | SPGI S&P Global Inc. | 0.6% | $486,710 | 1.00K | 0.0% | Held | 6 |
| 201 | DG Dollar General Corporation | 0.7% | $361,725 | 3.50K | 0.0% | Held | 6 |
| 202 | XONA.DE Exxon Mobil Corporation | 0.0% | $338,250 | 3.00K | New | New | 1 |
| 203 | KMX CarMax, Inc. | 0.1% | $314,090 | 7.00K | 0.0% | Held | 6 |
| 204 | CCK Crown Holdings, Inc. | 0.1% | $289,770 | 3.00K | 0.0% | Held | 6 |
| 205 | EMN Eastman Chemical Company | 0.0% | $252,200 | 4.00K | 0.0% | Held | 6 |
| 206 | TRU TransUnion | 0.1% | $251,340 | 3.00K | 0.0% | Held | 6 |
| 207 | ACN Accenture plc | 0.3% | $247 | 1 | 0.0% | Held | 6 |
| 208 | TXN Texas Instruments… | 1.1% | $184 | 1 | 0.0% | Held | 6 |
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 |
|---|---|---|---|---|---|---|
| CNI Canadian National… | 25.00K | — | New | $2.36M | 0.0% | |
| CP Canadian Pacific Kansas… | 31.00K | — | New | $2.31M | 0.0% | |
| XONA.DE Exxon Mobil Corporation | 3.00K | — | New | $338,250 | 0.0% |
| Security | Shares | Prior | Change | Value | Weight | Streak |
|---|---|---|---|---|---|---|
| MSFT Microsoft Corporation | 532.08K | 527.48K | +0.9% | $275.59M | 2.2% | ●●●●●○ |
| LPLA LPL Financial Holdings… | 553.32K | 544.60K | +1.6% | $184.08M | 1.5% | ●●●●●○ |
| LOW Lowe's Companies, Inc. | 726.73K | 717.23K | +1.3% | $182.63M | 1.5% | ●●●●●○ |
| MRSH Marsh & McLennan… | 755.00K | 748.75K | +0.8% | $152.16M | 1.2% | ●●●●●○ |
| NVO Novo Nordisk A/S | 2.37M | 2.26M | +4.9% | $131.44M | 1.1% | ●●○○○○ |
| FNV Franco-Nevada… | 605.50K | 569.50K | +6.3% | $134.97M | 1.1% | ●●●●●○ |
| LIN Linde plc | 192.85K | 186.60K | +3.4% | $91.60M | 0.7% | ●●●●●○ |
| ROL Rollins, Inc. | 1.48M | 1.47M | +0.4% | $86.69M | 0.7% | ●●○○○○ |
| NSC Norfolk Southern… | 256.50K | 236.50K | +8.5% | $77.06M | 0.6% | ●●○○○○ |
| ODFL Old Dominion Freight… | 358.75K | 342.45K | +4.8% | $50.50M | 0.4% | ●●●●●○ |
| TSN Tyson Foods, Inc. | 848.50K | 816.00K | +4.0% | $46.07M | 0.4% | ●●○○○○ |
| FERG Ferguson plc | 147.00K | 134.50K | +9.3% | $33.01M | 0.3% | ●●●●●○ |
| HCA HCA Healthcare, Inc. | 75.21K | 68.96K | +9.1% | $32.06M | 0.3% | ●●●●●○ |
| UNP Union Pacific… | 126.78K | 97.28K | +30.3% | $29.97M | 0.2% | ●●○○○○ |
| ABNB Airbnb, Inc. | 227.13K | 212.00K | +7.1% | $27.58M | 0.2% | ●●●●●○ |
| TMO Thermo Fisher… | 55.80K | 49.55K | +12.6% | $27.06M | 0.2% | ●●●●●○ |
| CSCO Cisco Systems, Inc. | 355.50K | 349.50K | +1.7% | $24.32M | 0.2% | ●●○○○○ |
| LAMR Lamar Advertising… | 170.00K | 158.00K | +7.6% | $20.81M | 0.2% | ●●●●●○ |
| MAR Marriott International… | 73.25K | 60.25K | +21.6% | $19.08M | 0.2% | ●●●●●○ |
| CSX CSX Corporation | 285.00K | 65.00K | +338.5% | $10.12M | 0.1% | ●●○○○○ |
| CME CME Group Inc. | 32.00K | 22.50K | +42.2% | $8.65M | 0.1% | ●●●●○○ |
| CBOE Cboe Global Markets… | 28.50K | 19.00K | +50.0% | $6.99M | 0.1% | ●●●○○○ |
| AMAT Applied Materials, Inc. | 26.25K | 16.50K | +59.1% | $5.37M | 0.0% | ●●○○○○ |
| EXP Eagle Materials Inc. | 14.75K | 9.00K | +63.9% | $3.44M | 0.0% | ●●●○○○ |
| SYY Sysco Corporation | 30.50K | 24.00K | +27.1% | $2.51M | 0.0% | ●●●○○○ |
| BC Brunswick Corporation | 33.50K | 29.50K | +13.6% | $2.12M | 0.0% | |
| ICE Intercontinental… | 5.62K | 5.12K | +9.8% | $946,858 | 0.0% |
| Security | Shares | Prior | Change | Value | Weight | Streak |
|---|---|---|---|---|---|---|
| ADM Archer-Daniels-Midland… | 1.51M | 1.57M | -4.3% | $89.96M | 0.7% | |
| IQV IQVIA Holdings Inc. | 46.90K | 49.64K | -5.5% | $8.91M | 0.1% | ●●○○○○ |
| Security | Shares | Prior | Change | Value | Weight | Streak |
|---|---|---|---|---|---|---|
| MMM 3M Company | — | 118.25K | Exit | $18.00M | 0.2% | |
| OI O-I Glass, Inc. | — | 473.70K | Exit | $6.98M | 0.1% | |
| CE Celanese Corporation | — | 81.30K | Exit | $4.50M | 0.0% | |
| GPK Graphic Packaging… | — | 174.00K | Exit | $3.67M | 0.0% | |
| BALL Ball Corporation | — | 51.00K | Exit | $2.86M | 0.0% | |
| WTW Willis Towers Watson… | — | 8.63K | Exit | $2.64M | 0.0% | |
| IT Gartner, Inc. | — | 5.70K | Exit | $2.30M | 0.0% | |
| INTU Intuit Inc. | — | 2.72K | Exit | $2.14M | 0.0% | |
| CSGP CoStar Group, Inc. | — | 18.60K | Exit | $1.50M | 0.0% | |
| EL The Estée Lauder… | — | 15.00K | Exit | $1.21M | 0.0% | |
| BUD Anheuser-Busch InBev… | — | 11.00K | Exit | $755,920 | 0.0% |
Position age
30–1 quarters
102–4 quarters
1165–8 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: Q3 2025 · latest filing Jul 31, 2026 ·
Change methodology