13F filing recap · Q1 2014

What did Markel Group buy in Q1 2014?

Reported stock-position changes between this filing and the previous one.

Stock value

$3.26B

Positions

105

Estimated turnover

7.4%

Turnover is a proxy: verified trade-origin share changes valued at period-end and divided by average reported stock value. SEC holdings reports do not disclose execution dates or prices. Corporate actions and unreconciled activity are excluded.

New positions

CVSCVS Health Corp$7.19Mreported value+96.0K shares TRVTravelers Companies, Inc.$5.19Mreported value+61.0K shares CBChubb Limited$3.39Mreported value+38.0K shares MRSHMarsh & Mclennan Companies, Inc.$592.0Kreported value+12.0K shares CSCOCisco Systems, Inc.$516.0Kreported value+23.0K shares CULPCulp Inc$197.0Kreported value+10.0K shares

Increased positions

GEGeneral Electric Company$68.09Mreported value+31.7K shares+1.2%RLIRli Corp$52.97Mreported value+596.0K shares+99.1%NVONovo Nordisk A/s$49.07Mreported value+853.8K shares+386.0%VVisa Inc.$31.84Mreported value+10.9K shares

Reduced positions

KMXCarmax, Inc.$232.27Mreported value-63.2K shares-1.3%BRK.ABerkshire Hathaway Inc$201.96Mreported value-16 shares-1.5%BRK.BBerkshire Hathaway Inc$188.91Mreported value-15.7K shares-1.0%DEODiageo Plc$149.76Mreported value-8.8K shares

Exited positions

AHGPAlliance Holdings Gp, L.p.$9.76Mprior reported value-166.5K shares-100.0%AMZNAmazon.com Inc$6.26Mprior reported value-15.7K shares-100.0%BTUPeabody Energy Corp$5.08Mprior reported value-260.0K shares-100.0%IBMInternational Business Machines Corp$4.54Mprior reported value-24.2K shares