0000950123-18-007394.txt : 20180803
0000950123-18-007394.hdr.sgml : 20180803
20180803163530
ACCESSION NUMBER: 0000950123-18-007394
CONFORMED SUBMISSION TYPE: 13F-HR
PUBLIC DOCUMENT COUNT: 2
CONFORMED PERIOD OF REPORT: 20180630
FILED AS OF DATE: 20180803
DATE AS OF CHANGE: 20180803
EFFECTIVENESS DATE: 20180803
FILER:
COMPANY DATA:
COMPANY CONFORMED NAME: MARKEL CORP
CENTRAL INDEX KEY: 0001096343
STANDARD INDUSTRIAL CLASSIFICATION: FIRE, MARINE & CASUALTY INSURANCE [6331]
IRS NUMBER: 541959284
STATE OF INCORPORATION: VA
FISCAL YEAR END: 1231
FILING VALUES:
FORM TYPE: 13F-HR
SEC ACT: 1934 Act
SEC FILE NUMBER: 028-06647
FILM NUMBER: 18992263
BUSINESS ADDRESS:
STREET 1: 4521 HIGHWOODS PARKWAY
CITY: GLEN ALLEN
STATE: VA
ZIP: 23060-6148
BUSINESS PHONE: 8047470136
MAIL ADDRESS:
STREET 1: 4521 HIGHWOODS PKWY
CITY: GLEN ALLEN
STATE: VA
ZIP: 23060
FORMER COMPANY:
FORMER CONFORMED NAME: MARKEL HOLDINGS INC
DATE OF NAME CHANGE: 19991005
13F-HR
1
primary_doc.xml
13F-HR
LIVE
false
true
false
0001096343
XXXXXXXX
06-30-2018
06-30-2018
MARKEL CORP
4521 Highwoods Pkwy
Glen Allen
VA
23060
13F HOLDINGS REPORT
028-06647
N
Thomas S. Gayner
Co-Chief Executive Officer
804-527-3806
/s/ Thomas S. Gayner
Glen Allen
VA
08-03-2018
1
161
5448558
false
1
28-6056
Markel Gayner Asset Management Corporation
INFORMATION TABLE
2
form13fInfoTable.xml
INFORMATION TABLE FOR FORM 13F
3M Company
COM
88579Y101
6492
33000
SH
SOLE
33000
0
0
3M Company
COM
88579Y101
33639
171000
SH
DFND
1
171000
0
0
Accenture
COM
G1151C101
1636
10000
SH
SOLE
10000
0
0
Accenture
COM
G1151C101
24440
149400
SH
DFND
1
149400
0
0
Activision Blizzard Inc
COM
00507V109
1259
16500
SH
DFND
1
16500
0
0
Albemarle Corp
COM
012653101
6886
73000
SH
DFND
1
73000
0
0
Alleghany Corporation
COM
017175100
2488
4328
SH
SOLE
4328
0
0
Alphabet Inc
COM
02079K107
122190
109524
SH
DFND
1
109524
0
0
Alphabet Inc Class A
COM
02079K305
14115
12500
SH
DFND
1
12500
0
0
Amazon.com
COM
023135106
148597
87420
SH
DFND
1
87420
0
0
American Express
COM
025816109
980
10000
SH
SOLE
10000
0
0
American Express
COM
025816109
36848
376000
SH
DFND
1
376000
0
0
American Tower
COM
03027X100
5118
35500
SH
DFND
1
35500
0
0
Analog Devices Inc
COM
032654105
61083
636811
SH
DFND
1
636811
0
0
Anthem Inc
COM
036752103
53319
224000
SH
DFND
1
224000
0
0
Aon Corporation
COM
G0408V102
5075
37000
SH
DFND
1
37000
0
0
Apollo Global Management - A
COM
037612306
29480
925000
SH
DFND
1
925000
0
0
Apple Inc
COM
037833100
27619
149205
SH
DFND
1
149205
0
0
Archer Daniels
COM
039483102
67063
1463300
SH
DFND
1
1463300
0
0
Automatic Data Processing
COM
053015103
71188
530700
SH
DFND
1
530700
0
0
Autonation Inc
COM
05329W102
1078
22200
SH
DFND
1
22200
0
0
Berkshire Hathaway Class B
COM
084670702
90544
485100
SH
SOLE
485100
0
0
Berkshire Hathaway Class B
COM
084670702
192237
1029932
SH
DFND
1
1029932
0
0
Berkshire Hathaway, Inc.
COM
084670108
110842
393
SH
SOLE
393
0
0
Berkshire Hathaway, Inc.
COM
084670108
198274
703
SH
DFND
1
703
0
0
Blackrock Inc
COM
09247X101
95766
191900
SH
DFND
1
191900
0
0
Blackstone Group
COM
09253U108
34438
1070500
SH
DFND
1
1070500
0
0
Boeing Co
COM
097023105
31672
94400
SH
DFND
1
94400
0
0
Booking Holdings Inc
COM
09857L108
466
230
SH
DFND
1
230
0
0
Brookfield Asset Management
COM
112585104
26148
645000
SH
SOLE
645000
0
0
Brookfield Asset Management
COM
112585104
201655
4974221
SH
DFND
1
4974221
0
0
Brown Forman Class A
COM
115637100
7769
159000
SH
SOLE
159000
0
0
Brown Forman Class A
COM
115637100
33420
684000
SH
DFND
1
684000
0
0
Brown-Forman Class B
COM
115637209
1948
39750
SH
SOLE
39750
0
0
Brown-Forman Class B
COM
115637209
21292
434437
SH
DFND
1
434437
0
0
CDK Global Inc
COM
12508E101
22
333
SH
SOLE
333
0
0
CDK Global Inc
COM
12508E101
11485
176564
SH
DFND
1
176564
0
0
CME Group Inc
COM
12572Q105
22129
135000
SH
DFND
1
135000
0
0
CVS Corporation
COM
126650100
17696
275000
SH
DFND
1
275000
0
0
Cable One
COM
12685J105
3813
5200
SH
DFND
1
5200
0
0
Capital One Financial Corp
COM
14040H105
6892
75000
SH
DFND
1
75000
0
0
Carmax
COM
143130102
67360
924386
SH
SOLE
924386
0
0
Carmax
COM
143130102
290655
3988684
SH
DFND
1
3988684
0
0
Caterpillar Inc
COM
149123101
37716
278000
SH
DFND
1
278000
0
0
Charles Schwab
COM
808513105
54013
1057000
SH
DFND
1
1057000
0
0
Chipotle Mexican Grill Inc
COM
169656105
11733
27200
SH
DFND
1
27200
0
0
Choice Hotels Intl Inc
COM
169905106
7560
100000
SH
DFND
1
100000
0
0
Cisco
COM
17275R102
14716
342000
SH
DFND
1
342000
0
0
Citigroup Inc
COM
172967424
476
7120
SH
DFND
1
7120
0
0
Colfax Corporation
COM
194014106
33257
1085070
SH
SOLE
1085070
0
0
Colfax Corporation
COM
194014106
1532
50000
SH
DFND
1
50000
0
0
Comcast Corp- Class A
COM
20030n101
9548
291000
SH
DFND
1
291000
0
0
Costco
COM
22160K105
2717
13000
SH
SOLE
13000
0
0
Costco
COM
22160K105
5433
26000
SH
DFND
1
26000
0
0
DR Horton Inc
COM
23331A109
252
6157
SH
DFND
1
6157
0
0
Delta Air Lines
COM
247361702
1090
22000
SH
DFND
1
22000
0
0
Diageo PLC
COM
25243Q205
63148
438500
SH
SOLE
438500
0
0
Diageo PLC
COM
25243Q205
131236
911300
SH
DFND
1
911300
0
0
Discovery Communications
COM
25470F302
29809
1169000
SH
DFND
1
1169000
0
0
Disney
COM
254687106
185430
1769200
SH
DFND
1
1769200
0
0
Dollar Tree Inc
COM
256746108
8500
100000
SH
DFND
1
100000
0
0
Ecolab
COM
278865100
36598
260800
SH
DFND
1
260800
0
0
Electronic Arts Inc
COM
285512109
818
5800
SH
DFND
1
5800
0
0
Facebook
COM
30303M102
24966
128480
SH
DFND
1
128480
0
0
Factset Research
COM
303075105
22980
116000
SH
DFND
1
116000
0
0
General Dynamics
COM
369550108
186
1000
SH
SOLE
1000
0
0
General Dynamics
COM
369550108
71954
386000
SH
DFND
1
386000
0
0
General Electric
COM
369604103
1293
95000
SH
DFND
1
95000
0
0
Goldman Sachs
COM
38141G104
20899
94750
SH
DFND
1
94750
0
0
Goodyear Tire & Rubber Co.
COM
382550101
3144
135000
SH
DFND
1
135000
0
0
Graham Holdings Co
COM
384637104
3048
5200
SH
DFND
1
5200
0
0
Hasbro, Inc
COM
418056107
33601
364000
SH
DFND
1
364000
0
0
Healthcare Services Group
COM
421906108
4276
99000
SH
DFND
1
99000
0
0
Heico Corp Class A
COM
422806208
16526
271147
SH
DFND
1
271147
0
0
Hershey Foods
COM
427866108
2243
24100
SH
DFND
1
24100
0
0
Hexcel Corp
COM
428291108
7966
120000
SH
DFND
1
120000
0
0
Home Depot
COM
437076102
7219
37000
SH
SOLE
37000
0
0
Home Depot
COM
437076102
172273
883000
SH
DFND
1
883000
0
0
Illinois Tool Works
COM
452308109
10390
75000
SH
SOLE
75000
0
0
Illinois Tool Works
COM
452308109
21474
155000
SH
DFND
1
155000
0
0
Illumina Inc
COM
452327109
279
1000
SH
DFND
1
1000
0
0
Intl Flavors & Fragrances
COM
459506101
4958
40000
SH
DFND
1
40000
0
0
Investors Title Company
COM
461804106
39388
213300
SH
DFND
1
213300
0
0
JP Morgan
COM
46625H100
19069
183000
SH
DFND
1
183000
0
0
John Deere
COM
244199105
153137
1095400
SH
DFND
1
1095400
0
0
Johnson and Johnson
COM
478160104
18808
155000
SH
SOLE
155000
0
0
Johnson and Johnson
COM
478160104
55307
455800
SH
DFND
1
455800
0
0
KKR & Co LLC
COM
48248M102
29696
1195000
SH
DFND
1
1195000
0
0
Liberty Broadband A
COM
530307107
284
3750
SH
SOLE
3750
0
0
Liberty Broadband A
COM
530307107
15241
201500
SH
DFND
1
201500
0
0
Liberty Broadband Class C
COM
530307305
516
6818
SH
SOLE
6818
0
0
Liberty Broadband Class C
COM
530307305
12516
165295
SH
DFND
1
165295
0
0
Liberty Global PLC
COM
G5480U104
4627
168000
SH
DFND
1
168000
0
0
Liberty Latin America
COM
G9001E102
377
19720
SH
DFND
1
19720
0
0
Liberty Media Group A
COM
531229870
7751
219500
SH
DFND
1
219500
0
0
Liberty Media Group C
COM
531229854
9635
259500
SH
DFND
1
259500
0
0
Liberty Sirius Group A
COM
531229409
19191
426000
SH
DFND
1
426000
0
0
Liberty Sirius Group C
COM
531229607
1361
30000
SH
SOLE
30000
0
0
Liberty Sirius Group C
COM
531229607
22317
492000
SH
DFND
1
492000
0
0
Live Nation
COM
538034109
23202
477700
SH
DFND
1
477700
0
0
Lowes
COM
548661107
9079
95000
SH
SOLE
95000
0
0
Lowes
COM
548661107
45396
475000
SH
DFND
1
475000
0
0
MSCI
COM
55354G100
22664
137000
SH
DFND
1
137000
0
0
Marriott International
COM
571903202
12913
102000
SH
SOLE
102000
0
0
Marriott International
COM
571903202
178920
1413269
SH
DFND
1
1413269
0
0
Marsh & McLennan
COM
571748102
49961
609500
SH
DFND
1
609500
0
0
Mastercard, Inc
COM
57636Q104
35786
182100
SH
DFND
1
182100
0
0
Mattel
COM
577081102
3350
204000
SH
DFND
1
204000
0
0
Maxim Integrated Products
COM
57772K101
14137
241000
SH
DFND
1
241000
0
0
McKesson Corp
COM
58155Q103
4949
37100
SH
DFND
1
37100
0
0
Microchip Technology
COM
595017104
8276
91000
SH
DFND
1
91000
0
0
Microsoft Corp
COM
594918104
35598
361000
SH
DFND
1
361000
0
0
Moody's Corp
COM
615369105
34112
200000
SH
DFND
1
200000
0
0
Nike
COM
654106103
2868
36000
SH
SOLE
36000
0
0
Nike
COM
654106103
26294
330000
SH
DFND
1
330000
0
0
Norfolk Southern
COM
655844108
34625
229500
SH
DFND
1
229500
0
0
Novo-Nordisk A/S
COM
670100205
49579
1075000
SH
DFND
1
1075000
0
0
Oaktree Capital Group LLC
COM
674001201
40792
1003500
SH
DFND
1
1003500
0
0
Parker-Hannifin Corp
COM
701094104
18484
118600
SH
DFND
1
118600
0
0
Paychex
COM
704326107
10252
150000
SH
DFND
1
150000
0
0
Penske Automotive Group
COM
70959W103
3373
72000
SH
DFND
1
72000
0
0
Pepsico
COM
713448108
15851
145600
SH
DFND
1
145600
0
0
Philip Morris International
COM
718172109
9245
114500
SH
DFND
1
114500
0
0
Praxair Inc.
COM
74005P104
14929
94400
SH
DFND
1
94400
0
0
Progressive Corp
COM
743315103
18632
315000
SH
DFND
1
315000
0
0
RLI Corporation
COM
749607107
79247
1197272
SH
DFND
1
1197272
0
0
Rockwell Automation Inc
COM
773903109
21244
127800
SH
DFND
1
127800
0
0
Rollins, Inc.
COM
775711104
26537
504700
SH
DFND
1
504700
0
0
S&P Global
COM
78409V104
29972
147000
SH
DFND
1
147000
0
0
SEI Investments Co
COM
784117103
19144
306200
SH
DFND
1
306200
0
0
Scotts Miracle-Gro Co
COM
810186106
6154
74000
SH
DFND
1
74000
0
0
Sensata Technologies Holding
COM
N7902X106
7993
168000
SH
DFND
1
168000
0
0
Shake Shack Inc - Class A
COM
819047101
1926
29100
SH
DFND
1
29100
0
0
Southwest Airlines
COM
844741108
1526
30000
SH
DFND
1
30000
0
0
Starbucks Corp
COM
855244109
14872
304448
SH
DFND
1
304448
0
0
Stericycle Inc
COM
858912108
24190
370500
SH
DFND
1
370500
0
0
Synalloy Corporation
COM
871565107
8275
414804
SH
SOLE
414804
0
0
Synchrony Financial
COM
87165B103
221
6606
SH
DFND
1
6606
0
0
T.Rowe Price
COM
74144T108
1277
11000
SH
SOLE
11000
0
0
T.Rowe Price
COM
74144T108
35175
303000
SH
DFND
1
303000
0
0
Texas Instruments Inc
COM
882508104
67473
612000
SH
DFND
1
612000
0
0
The Carlyle Group
COM
14309L102
22312
1047500
SH
DFND
1
1047500
0
0
The Travelers Companies Inc
COM
89417E109
38537
315000
SH
DFND
1
315000
0
0
Tyson Foods
COM
902494103
15216
221000
SH
DFND
1
221000
0
0
Unilever PLC ADR
COM
904767704
84446
1527600
SH
DFND
1
1527600
0
0
Union Pacific
COM
907818108
12095
85370
SH
DFND
1
85370
0
0
United Health Group Inc
COM
91324P102
1276
5200
SH
SOLE
5200
0
0
United Health Group Inc
COM
91324P102
161385
657800
SH
DFND
1
657800
0
0
United Technologies
COM
913017109
24068
192500
SH
DFND
1
192500
0
0
Verisk Analytics Inc
COM
92345Y106
7858
73000
SH
DFND
1
73000
0
0
Verizon
COM
92343V104
2616
52000
SH
DFND
1
52000
0
0
Visa
COM
92826C839
530
4000
SH
SOLE
4000
0
0
Visa
COM
92826C839
121377
916400
SH
DFND
1
916400
0
0
W.P. Carey
COM
92936U109
2986
45000
SH
SOLE
45000
0
0
W.P. Carey
COM
92936U109
43473
655200
SH
DFND
1
655200
0
0
WR Berkley Corp
COM
084423102
1303
18000
SH
DFND
1
18000
0
0
Walgreens Boots Alliance Inc
COM
931427108
37509
625000
SH
SOLE
625000
0
0
Walgreens Boots Alliance Inc
COM
931427108
91403
1523000
SH
DFND
1
1523000
0
0
Watsco Inc
COM
942622200
49205
276000
SH
DFND
1
276000
0
0
Wells Fargo
COM
949746101
665
12000
SH
DFND
1
12000
0
0
Whirlpool Corp
COM
963320106
211
1444
SH
DFND
1
1444
0
0