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← Thomas Gayner

Thomas Gayner's 2025Q2 portfolio

Thomas Gayner (Markel Group) held 107 positions as of Jun 30, 2025, with the largest position at 6.9% of the portfolio.

Showing positions still held at the most recent quarter so their historical weights can be reconstructed. Positions that were held in 2025Q2but 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 Jun 30, 2025 (107)

  1. 1BRK/ABerkshire Hathaway Inc-cl A
    % port
    6.9%
    -1.0pp vs prior Qnow 6.7%
  2. 2BRK/BBerkshire Hathaway Inc-cl B
    % port
    6.3%
    -1.0pp vs prior Qnow 6.1%
  3. 3BNBrookfield Corp
    % port
    4.6%
    +0.5pp vs prior Qnow 4.4%
  4. 4GOOGAlphabet Inc-cl C
    % port
    4.1%
    +0.3pp vs prior Qnow 6.6%
  5. 5DEDeere & CO
    % port
    3.8%
    +0.1pp vs prior Qnow 4.1%
  6. 6AMZNAmazon.com Inc
    % port
    3.8%
    +0.3pp vs prior Qnow 3.5%
  7. 7VVisa Inc-class A Shares
    % port
    3.0%
    -0.1pp vs prior Qnow 2.5%
  8. 8HDHome Depot Inc
    % port
    2.9%
    -0.1pp vs prior Qnow 2.5%
  9. 9ADIAnalog Devices Inc
    % port
    2.4%
    +0.3pp vs prior Qnow 2.7%
  10. 10MSFTMicrosoft Corp
    % port
    2.2%
    +0.5pp vs prior Qnow 1.7%
  11. 11GSGoldman Sachs Group Inc
    % port
    2.1%
    +0.4pp vs prior Qnow 2.5%
  12. 12DISWalt Disney Co/the
    % port
    2.1%
    +0.3pp vs prior Qnow 1.6%
  13. 13AAPLApple Inc
    % port
    2.1%
    -0.3pp vs prior Qnow 2.6%
  14. 14WSOWatsco Inc
    % port
    2.1%
    -0.6pp vs prior Qnow 1.8%
  15. 15BLKBlackrock Inc
    % port
    2.0%
    +0.1pp vs prior Qnow 1.8%
  16. 16METAMeta Platforms Inc-class A
    % port
    1.7%
    +0.3pp vs prior Qnow 1.2%
  17. 17LPLALpl Financial Holdings Inc
    % port
    1.7%
    +0.2pp vs prior Qnow 1.4%
  18. 18PGRProgressive Corp
    % port
    1.7%
    -0.2pp vs prior Qnow 1.3%
  19. 19KKRKkr & CO Inc
    % port
    1.6%
    +0.1pp vs prior Qnow 1.1%
  20. 20BXBlackstone Inc
    % port
    1.6%
    now 1.2%
  21. 21RLIRli Corp
    % port
    1.5%
    -0.2pp vs prior Qnow 1.1%
  22. 22MRSHMarsh & Mclennan Cos
    % port
    1.4%
    -0.2pp vs prior Qnow 1.1%
  23. 23LOWLowe's Cos Inc
    % port
    1.3%
    -0.1pp vs prior Qnow 1.5%
  24. 24NVONovo-nordisk A/s-spons Adr
    % port
    1.3%
    now 0.9%
  25. 25AXPAmerican Express CO
    % port
    1.3%
    +0.1pp vs prior Q
  26. 26TXNTexas Instruments Inc
    % port
    1.3%
    +0.1pp vs prior Q
  27. 27APOApollo Global Management Inc
    % port
    1.2%
    now 0.9%
  28. 28DEODiageo Plc-sponsored Adr
    % port
    1.2%
    -0.1pp vs prior Qnow 0.9%
  29. 29CATCaterpillar Inc
    % port
    1.1%
    +0.1pp vs prior Qnow 1.9%
  30. 30SCHWSchwab (charles) Corp
    % port
    1.1%
    +0.1pp vs prior Q
  31. 31BAMBrookfield Asset Mgmt-a
    % port
    1.0%
    now 0.8%
  32. 32MAMastercard Inc - A
    % port
    1.0%
    now 0.9%
  33. 33GDGeneral Dynamics Corp
    % port
    1.0%
    now 1.1%
  34. 34MCOMoody's Corp
    % port
    0.9%
    now 0.8%
  35. 35GOOGLAlphabet Inc-cl A
    % port
    0.9%
    now 1.4%
  36. 36DGDollar General Corp
    % port
    0.8%
    +0.2pp vs prior Q
  37. 37HEI/AHeico Corp-class A
    % port
    0.8%
    +0.1pp vs prior Qnow 0.7%
  38. 38FNVFranco-nevada Corp
    % port
    0.8%
    now 1.5%
  39. 39JNJJohnson & Johnson
    % port
    0.8%
    -0.1pp vs prior Qnow 1.3%
  40. 40NVRNvr Inc
    % port
    0.7%
  41. 41LINLinde Plc
    % port
    0.7%
    now 0.8%
  42. 42ADMArcher-daniels-midland CO
    % port
    0.7%
    now 0.9%
  43. 43ROLRollins Inc
    % port
    0.7%
  44. 44MSCIMsci Inc
    % port
    0.7%
  45. 45ITWIllinois Tool Works
    % port
    0.7%
  46. 46SPGIS&p Global Inc
    % port
    0.7%
    now 0.4%
  47. 47ECLEcolab Inc
    % port
    0.6%
  48. 48JPMJpmorgan Chase & CO
    % port
    0.6%
  49. 49CGCarlyle Group Inc/the
    % port
    0.6%
  50. 50NSCNorfolk Southern Corp
    % port
    0.5%
    now 0.7%

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.