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← Thomas Gayner

Thomas Gayner's 2025Q1 portfolio

Thomas Gayner (Markel Group) held 106 positions as of Mar 31, 2025, with the largest position at 7.9% of the portfolio.

Showing positions still held at the most recent quarter so their historical weights can be reconstructed. Positions that were held in 2025Q1but have since been exited aren't included in this table — for a full point-in-time reconstruction, use the SEC EDGAR filing directly.

Holdings as of Mar 31, 2025 (106)

  1. 1BRK/ABerkshire Hathaway Inc-cl A
    % port
    7.9%
    +1.2pp vs prior Qnow 6.7%
  2. 2BRK/BBerkshire Hathaway Inc-cl B
    % port
    7.2%
    +1.1pp vs prior Qnow 6.1%
  3. 3BNBrookfield Corp
    % port
    4.1%
    -0.4pp vs prior Qnow 4.4%
  4. 4GOOGAlphabet Inc-cl C
    % port
    3.8%
    -0.8pp vs prior Qnow 6.6%
  5. 5DEDeere & CO
    % port
    3.7%
    +0.4pp vs prior Qnow 4.1%
  6. 6AMZNAmazon.com Inc
    % port
    3.4%
    -0.5pp vs prior Qnow 3.5%
  7. 7VVisa Inc-class A Shares
    % port
    3.1%
    +0.3pp vs prior Qnow 2.5%
  8. 8HDHome Depot Inc
    % port
    3.0%
    -0.2pp vs prior Qnow 2.5%
  9. 9WSOWatsco Inc
    % port
    2.7%
    +0.2pp vs prior Qnow 1.8%
  10. 10AAPLApple Inc
    % port
    2.4%
    -0.3pp vs prior Qnow 2.6%
  11. 11ADIAnalog Devices Inc
    % port
    2.1%
    now 2.7%
  12. 12PGRProgressive Corp
    % port
    1.9%
    +0.3pp vs prior Qnow 1.3%
  13. 13BLKBlackrock Inc
    % port
    1.9%
    -0.1pp vs prior Q
  14. 14DISWalt Disney Co/the
    % port
    1.8%
    -0.2pp vs prior Qnow 1.6%
  15. 15GSGoldman Sachs Group Inc
    % port
    1.7%
    now 2.5%
  16. 16MSFTMicrosoft Corp
    % port
    1.7%
    -0.2pp vs prior Q
  17. 17RLIRli Corp
    % port
    1.7%
    now 1.1%
  18. 18MRSHMarsh & Mclennan Cos
    % port
    1.6%
    +0.2pp vs prior Qnow 1.1%
  19. 19LPLALpl Financial Holdings Inc
    % port
    1.6%
    now 1.4%
  20. 20BXBlackstone Inc
    % port
    1.5%
    -0.3pp vs prior Qnow 1.2%
  21. 21KKRKkr & CO Inc
    % port
    1.5%
    -0.4pp vs prior Qnow 1.1%
  22. 22LOWLowe's Cos Inc
    % port
    1.5%
  23. 23METAMeta Platforms Inc-class A
    % port
    1.4%
    now 1.2%
  24. 24NVONovo-nordisk A/s-spons Adr
    % port
    1.3%
    -0.3pp vs prior Qnow 0.9%
  25. 25DEODiageo Plc-sponsored Adr
    % port
    1.3%
    -0.3pp vs prior Qnow 0.9%
  26. 26APOApollo Global Management Inc
    % port
    1.2%
    -0.2pp vs prior Qnow 0.9%
  27. 27AXPAmerican Express CO
    % port
    1.2%
    -0.1pp vs prior Q
  28. 28TXNTexas Instruments Inc
    % port
    1.2%
  29. 29MAMastercard Inc - A
    % port
    1.0%
    now 0.9%
  30. 30CATCaterpillar Inc
    % port
    1.0%
    now 1.9%
  31. 31SCHWSchwab (charles) Corp
    % port
    0.9%
    now 1.1%
  32. 32GDGeneral Dynamics Corp
    % port
    0.9%
    now 1.1%
  33. 33BAMBrookfield Asset Mgmt-a
    % port
    0.9%
    -0.1pp vs prior Qnow 0.8%
  34. 34JNJJohnson & Johnson
    % port
    0.9%
    +0.1pp vs prior Qnow 1.3%
  35. 35MCOMoody's Corp
    % port
    0.9%
    now 0.8%
  36. 36GOOGLAlphabet Inc-cl A
    % port
    0.8%
    -0.2pp vs prior Qnow 1.4%
  37. 37NVRNvr Inc
    % port
    0.8%
  38. 38LINLinde Plc
    % port
    0.7%
    +0.1pp vs prior Qnow 0.8%
  39. 39FNVFranco-nevada Corp
    % port
    0.7%
    +0.2pp vs prior Qnow 1.5%
  40. 40ITWIllinois Tool Works
    % port
    0.7%
  41. 41MSCIMsci Inc
    % port
    0.7%
  42. 42HEI/AHeico Corp-class A
    % port
    0.7%
  43. 43ROLRollins Inc
    % port
    0.7%
    +0.1pp vs prior Q
  44. 44SPGIS&p Global Inc
    % port
    0.7%
    now 0.4%
  45. 45DGDollar General Corp
    % port
    0.7%
    +0.1pp vs prior Qnow 0.9%
  46. 46ADMArcher-daniels-midland CO
    % port
    0.7%
    now 0.9%
  47. 47ECLEcolab Inc
    % port
    0.6%
  48. 48JPMJpmorgan Chase & CO
    % port
    0.6%
  49. 49SBUXStarbucks Corp
    % port
    0.5%
  50. 50CGCarlyle Group Inc/the
    % port
    0.5%

13F-HR filings disclose long US-equity positions only. 13Fs don't cover shorts, bonds, derivatives, or non-US listings, so the picture here is the public part of the portfolio — not the whole.

Not investment advice.