0000950123-18-001283.txt : 20180209
0000950123-18-001283.hdr.sgml : 20180209
20180209170019
ACCESSION NUMBER: 0000950123-18-001283
CONFORMED SUBMISSION TYPE: 13F-HR
PUBLIC DOCUMENT COUNT: 2
CONFORMED PERIOD OF REPORT: 20171231
FILED AS OF DATE: 20180209
DATE AS OF CHANGE: 20180209
EFFECTIVENESS DATE: 20180209
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: 18592652
BUSINESS ADDRESS:
STREET 1: 4521 HIGHWOODS PARKWAY
CITY: GLEN ALLEN
STATE: VA
ZIP: 23060-3382
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
12-31-2017
12-31-2017
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
02-09-2018
1
166
5296475
false
1
28-6056
Markel Gayner Asset Management Corporation
INFORMATION TABLE
2
form13fInfoTable.xml
INFORMATION TABLE FOR FORM 13F
3M Company
COM
88579Y101
7767
33000
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33000
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0
3M Company
COM
88579Y101
40248
171000
SH
DFND
1
171000
0
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Accenture
COM
G1151C101
1531
10000
SH
SOLE
10000
0
0
Accenture
COM
G1151C101
22872
149400
SH
DFND
1
149400
0
0
Albemarle Corp
COM
012653101
9336
73000
SH
DFND
1
73000
0
0
Alleghany Corporation
COM
017175100
2580
4328
SH
SOLE
4328
0
0
Allergan, Inc.
COM
G0177J108
5398
33000
SH
DFND
1
33000
0
0
Alphabet Inc
COM
02079K107
101533
97031
SH
DFND
1
97031
0
0
Alphabet Inc Class A
COM
02079K305
13167
12500
SH
DFND
1
12500
0
0
Amazon.com
COM
023135106
93558
80000
SH
DFND
1
80000
0
0
American Express
COM
025816109
993
10000
SH
SOLE
10000
0
0
American Express
COM
025816109
37341
376000
SH
DFND
1
376000
0
0
American Tower
COM
03027X100
5065
35500
SH
DFND
1
35500
0
0
Analog Devices Inc
COM
032654105
47881
537811
SH
DFND
1
537811
0
0
Anthem Inc
COM
036752103
50402
224000
SH
DFND
1
224000
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0
Aon Corporation
COM
G0408V102
4958
37000
SH
DFND
1
37000
0
0
Apollo Global Management - A
COM
037612306
22927
685000
SH
DFND
1
685000
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Apple Inc
COM
037833100
19140
113100
SH
DFND
1
113100
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Archer Daniels
COM
039483102
58649
1463300
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DFND
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Automatic Data Processing
COM
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62193
530700
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DFND
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530700
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Baxter International Inc
COM
071813109
1422
22000
SH
DFND
1
22000
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Becton Dickinson
COM
075887109
1927
9000
SH
DFND
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Berkshire Hathaway Class B
COM
084670702
96157
485100
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SOLE
485100
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Berkshire Hathaway Class B
COM
084670702
203474
1026507
SH
DFND
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1026507
0
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Berkshire Hathaway, Inc.
COM
084670108
116957
393
SH
SOLE
393
0
0
Berkshire Hathaway, Inc.
COM
084670108
206832
695
SH
DFND
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695
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Blackrock Inc
COM
09247X101
92468
180000
SH
DFND
1
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Blackstone Group
COM
09253U108
27217
850000
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Boeing Co
COM
097023105
27840
94400
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DFND
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Bristol Myers Squibb
COM
110122108
613
10000
SH
DFND
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10000
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Brookfield Asset Management
COM
112585104
28083
645000
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SOLE
645000
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Brookfield Asset Management
COM
112585104
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Brookfield Business Partners
COM
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445
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12900
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Brookfield Business Partners
COM
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Brown Forman Class A
COM
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159000
SH
SOLE
159000
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Brown Forman Class A
COM
115637100
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Brown-Forman Class B
COM
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Bunge Limited
COM
G16962105
4816
71800
SH
DFND
1
71800
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CDK Global Inc
COM
12508E101
24
333
SH
SOLE
333
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CDK Global Inc
COM
12508E101
12585
176564
SH
DFND
1
176564
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CME Group Inc
COM
12572Q105
19717
135000
SH
DFND
1
135000
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CVS Corporation
COM
126650100
19357
267000
SH
DFND
1
267000
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Cable One
COM
12685J105
3657
5200
SH
DFND
1
5200
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Carmax
COM
143130102
59281
924386
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SOLE
924386
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Carmax
COM
143130102
255794
3988684
SH
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Caterpillar Inc
COM
149123101
43807
278000
SH
DFND
1
278000
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0
Charles Schwab
COM
808513105
54298
1057000
SH
DFND
1
1057000
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Choice Hotels Intl Inc
COM
169905106
3492
45000
SH
DFND
1
45000
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Cisco
COM
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13099
342000
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Colfax Corporation
COM
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42990
1085070
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1085070
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Colfax Corporation
COM
194014106
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50000
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Comcast Corp- Class A
COM
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211000
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211000
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Costco
COM
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2420
13000
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COM
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COM
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438500
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438500
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COM
25243Q205
133077
911300
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911300
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Discovery Communications
COM
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21763
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Disney
COM
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182681
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Dollar Tree Inc
COM
256746108
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88000
SH
DFND
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88000
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Ecolab
COM
278865100
30700
228800
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Facebook
COM
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108500
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Factset Research
COM
303075105
31613
164000
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164000
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Flowserve
COM
34354P105
2823
67000
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General Dynamics
COM
369550108
203
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General Dynamics
COM
369550108
78532
386000
SH
DFND
1
386000
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General Electric
COM
369604103
1658
95000
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DFND
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Gilead Sciences Inc
COM
375558103
2364
33000
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DFND
1
33000
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Goldman Sachs
COM
38141G104
9961
39100
SH
DFND
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39100
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Goodyear Tire & Rubber Co.
COM
382550101
646
20000
SH
DFND
1
20000
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Graham Holdings Co
COM
384637104
2903
5200
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DFND
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Hasbro, Inc
COM
418056107
33084
364000
SH
DFND
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364000
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Healthcare Services Group
COM
421906108
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55000
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55000
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Heico Corp
COM
422806109
354
3750
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DFND
1
3750
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Heico Corp Class A
COM
422806208
10939
138375
SH
DFND
1
138375
0
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Hershey Foods
COM
427866108
2736
24100
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DFND
1
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Hexcel Corp
COM
428291108
5319
86000
SH
DFND
1
86000
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Home Depot
COM
437076102
7013
37000
SH
SOLE
37000
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Home Depot
COM
437076102
167355
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Hormel Foods
COM
440452100
691
19000
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DFND
1
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IBM
COM
459200101
2409
15700
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DFND
1
15700
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Illinois Tool Works
COM
452308109
12514
75000
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75000
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Illinois Tool Works
COM
452308109
25862
155000
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155000
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Illumina Inc
COM
452327109
218
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SH
DFND
1
1000
0
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Intl Flavors & Fragrances
COM
459506101
1221
8000
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1
8000
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Investors Title Company
COM
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42308
213300
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DFND
1
213300
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JP Morgan
COM
46625H100
19570
183000
SH
DFND
1
183000
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0
John Deere
COM
244199105
171441
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SH
DFND
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Johnson and Johnson
COM
478160104
21657
155000
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SOLE
155000
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Johnson and Johnson
COM
478160104
63684
455800
SH
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1
455800
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KKR & Co LLC
COM
48248M102
20365
967000
SH
DFND
1
967000
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Liberty Braves Group A
COM
531229706
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42600
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DFND
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42600
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Liberty Braves Group C
COM
531229888
2217
99788
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1
99788
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Liberty Broadband A
COM
530307107
319
3750
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3750
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Liberty Broadband A
COM
530307107
17138
201500
SH
DFND
1
201500
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Liberty Broadband Class C
COM
530307305
581
6818
SH
SOLE
6818
0
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Liberty Broadband Class C
COM
530307305
14077
165295
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165295
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Liberty Global PLC
COM
G5480U104
4444
124000
SH
DFND
1
124000
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Liberty Global PLC Lilac
COM
G5480U138
297
14720
SH
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14720
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COM
531229870
5153
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157500
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COM
531229854
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259500
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259500
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Liberty Sirius Group A
COM
531229409
16895
426000
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DFND
1
426000
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Liberty Sirius Group C
COM
531229607
1190
30000
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30000
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Liberty Sirius Group C
COM
531229607
19513
492000
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492000
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Live Nation
COM
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Lowes
COM
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475000
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MSCI
COM
55354G100
17336
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137000
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COM
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13845
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102000
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COM
571903202
190873
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1406269
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Marsh & McLennan
COM
571748102
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609500
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Mastercard, Inc
COM
57636Q104
27563
182100
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DFND
1
182100
0
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Maxim Integrated Products
COM
57772K101
10299
197000
SH
DFND
1
197000
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McKesson Corp
COM
58155Q103
4070
26100
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1
26100
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Merck
COM
58933Y105
315
5600
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Microchip Technology
COM
595017104
703
8000
SH
DFND
1
8000
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Microsoft Corp
COM
594918104
26688
312000
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DFND
1
312000
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Monsanto Co
COM
61166W101
46327
396700
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DFND
1
396700
0
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Moody's Corp
COM
615369105
42807
290000
SH
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1
290000
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Nike
COM
654106103
2252
36000
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36000
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COM
654106103
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Norfolk Southern
COM
655844108
33255
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1
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COM
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311
3700
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3700
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Novo-Nordisk A/S
COM
670100205
57695
1075000
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DFND
1
1075000
0
0
Oaktree Capital Group LLC
COM
674001201
37322
886500
SH
DFND
1
886500
0
0
Paccar
COM
693718108
8409
118300
SH
DFND
1
118300
0
0
Parker-Hannifin Corp
COM
701094104
23670
118600
SH
DFND
1
118600
0
0
Patterson Companies Inc.
COM
703395103
6070
168000
SH
DFND
1
168000
0
0
Paychex
COM
704326107
10212
150000
SH
DFND
1
150000
0
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Penske Automotive Group
COM
70959W103
3445
72000
SH
DFND
1
72000
0
0
Pepsico
COM
713448108
17460
145600
SH
DFND
1
145600
0
0
Philip Morris International
COM
718172109
12097
114500
SH
DFND
1
114500
0
0
Praxair Inc.
COM
74005P104
13055
84400
SH
DFND
1
84400
0
0
Priceline Group Inc
COM
741503403
348
200
SH
DFND
1
200
0
0
RLI Corporation
COM
749607107
72627
1197272
SH
DFND
1
1197272
0
0
Ritchie Bros
COM
767744105
3412
114000
SH
DFND
1
114000
0
0
Rockwell Automation Inc
COM
773903109
25094
127800
SH
DFND
1
127800
0
0
Rockwell Collins Inc
COM
774341101
5018
37000
SH
DFND
1
37000
0
0
Rollins, Inc.
COM
775711104
20645
443700
SH
DFND
1
443700
0
0
S&P Global
COM
78409V104
24902
147000
SH
DFND
1
147000
0
0
SEI Investments Co
COM
784117103
22004
306200
SH
DFND
1
306200
0
0
Sensata Technologies Holding
COM
N7902X106
8586
168000
SH
DFND
1
168000
0
0
Starbucks Corp
COM
855244109
2986
52000
SH
DFND
1
52000
0
0
Stericycle Inc
COM
858912108
15774
232000
SH
DFND
1
232000
0
0
Synalloy Corporation
COM
871565107
5558
414804
SH
SOLE
414804
0
0
T.Rowe Price
COM
74144T108
1154
11000
SH
SOLE
11000
0
0
T.Rowe Price
COM
74144T108
31794
303000
SH
DFND
1
303000
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0
Texas Instruments Inc
COM
882508104
54935
526000
SH
DFND
1
526000
0
0
The Carlyle Group
COM
14309L102
18251
797000
SH
DFND
1
797000
0
0
The Travelers Companies Inc
COM
89417E109
42727
315000
SH
DFND
1
315000
0
0
Tyson Foods
COM
902494103
14430
178000
SH
DFND
1
178000
0
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Under Armour Inc-Class C
COM
904311206
1465
110000
SH
DFND
1
110000
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Unilever PLC ADR
COM
904767704
84537
1527600
SH
DFND
1
1527600
0
0
Union Pacific
COM
907818108
11345
84600
SH
DFND
1
84600
0
0
United Health Group Inc
COM
91324P102
1146
5200
SH
SOLE
5200
0
0
United Health Group Inc
COM
91324P102
145019
657800
SH
DFND
1
657800
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United Technologies
COM
913017109
21049
165000
SH
DFND
1
165000
0
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VF Corp
COM
918204108
2279
30800
SH
DFND
1
30800
0
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Verisk Analytics Inc
COM
92345Y106
7008
73000
SH
DFND
1
73000
0
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Visa
COM
92826C839
456
4000
SH
SOLE
4000
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Visa
COM
92826C839
103792
910300
SH
DFND
1
910300
0
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W.P. Carey
COM
92936U109
3100
45000
SH
SOLE
45000
0
0
W.P. Carey
COM
92936U109
62368
905200
SH
DFND
1
905200
0
0
WR Berkley Corp
COM
084423102
1290
18000
SH
DFND
1
18000
0
0
Walgreens Boots Alliance Inc
COM
931427108
45387
625000
SH
SOLE
625000
0
0
Walgreens Boots Alliance Inc
COM
931427108
109656
1510000
SH
DFND
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1510000
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Watsco Inc
COM
942622200
40044
235500
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