0000950123-22-004384.txt : 20220429
0000950123-22-004384.hdr.sgml : 20220429
20220429163026
ACCESSION NUMBER: 0000950123-22-004384
CONFORMED SUBMISSION TYPE: 13F-HR
PUBLIC DOCUMENT COUNT: 2
CONFORMED PERIOD OF REPORT: 20220331
FILED AS OF DATE: 20220429
DATE AS OF CHANGE: 20220429
EFFECTIVENESS DATE: 20220429
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: 22876126
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
0001096343
XXXXXXXX
03-31-2022
03-31-2022
false
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
04-29-2022
1
204
8394972
false
1
28-6056
Markel Gayner Asset Management Corporation
INFORMATION TABLE
2
12801.xml
INFORMATION TABLE FOR FORM 13F
3M CO
COM
88579Y101
11464
77000
SH
SOLE
77000
0
0
3M CO
COM
88579Y101
28697
192750
SH
DFND
1
192750
0
0
ACCENTURE PLC IRELAND
SHS CLASS A
G1151C101
22628
67100
SH
SOLE
67100
0
0
ACCENTURE PLC IRELAND
SHS CLASS A
G1151C101
31126
92300
SH
DFND
1
92300
0
0
ACTIVISION BLIZZARD INC
COM
00507V109
144
1800
SH
SOLE
1800
0
0
ACTIVISION BLIZZARD INC
COM
00507V109
36194
451800
SH
DFND
1
451800
0
0
ALLEGHANY CORP MD
COM
017175100
3666
4328
SH
SOLE
4328
0
0
ALLSTATE CORP
COM
020002101
16074
116050
SH
DFND
1
116050
0
0
ALPHABET INC
CAP STK CL A
02079K305
9178
3300
SH
SOLE
3300
0
0
ALPHABET INC
CAP STK CL A
02079K305
33932
12200
SH
DFND
1
12200
0
0
ALPHABET INC
CAP STK CL C
02079K107
129173
46249
SH
SOLE
46249
0
0
ALPHABET INC
CAP STK CL C
02079K107
254844
91244
SH
DFND
1
91244
0
0
AMAZON COM INC
COM
023135106
108882
33400
SH
SOLE
33400
0
0
AMAZON COM INC
COM
023135106
214074
65668
SH
DFND
1
65668
0
0
AMERICAN EXPRESS CO
COM
025816109
1870
10000
SH
SOLE
10000
0
0
AMERICAN EXPRESS CO
COM
025816109
88685
474250
SH
DFND
1
474250
0
0
AMERICAN TOWER CORP NEW
COM
03027X100
251
1000
SH
SOLE
1000
0
0
AMERICAN TOWER CORP NEW
COM
03027X100
12790
50910
SH
DFND
1
50910
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0
ANALOG DEVICES INC
COM
032654105
40909
247665
SH
SOLE
247665
0
0
ANALOG DEVICES INC
COM
032654105
137125
830156
SH
DFND
1
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0
0
AON PLC
SHS CL A
G0403H108
21150
64950
SH
DFND
1
64950
0
0
APOLLO GLOBAL MGMT INC
COM
03769M106
1395
22500
SH
SOLE
22500
0
0
APOLLO GLOBAL MGMT INC
COM
03769M106
61370
990000
SH
DFND
1
990000
0
0
APPLE INC
COM
037833100
8416
48200
SH
SOLE
48200
0
0
APPLE INC
COM
037833100
202336
1158790
SH
DFND
1
1158790
0
0
ARCHER DANIELS MIDLAND CO
COM
039483102
53614
594000
SH
SOLE
594000
0
0
ARCHER DANIELS MIDLAND CO
COM
039483102
78463
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SH
DFND
1
869300
0
0
AXALTA COATING SYS LTD
COM
G0750C108
507
20626
SH
DFND
1
20626
0
0
BALL CORP
COM
058498106
4140
46000
SH
DFND
1
46000
0
0
BANK NEW YORK MELLON CORP
COM
064058100
17755
357750
SH
DFND
1
357750
0
0
BERKLEY W R CORP
COM
084423102
2697
40500
SH
DFND
1
40500
0
0
BERKSHIRE HATHAWAY INC DEL
CL A
084670108
370245
700
SH
SOLE
700
0
0
BERKSHIRE HATHAWAY INC DEL
CL A
084670108
218973
414
SH
DFND
1
414
0
0
BERKSHIRE HATHAWAY INC DEL
CL B NEW
084670702
389775
1104460
SH
SOLE
1104460
0
0
BERKSHIRE HATHAWAY INC DEL
CL B NEW
084670702
150873
427511
SH
DFND
1
427511
0
0
BLACKROCK INC
COM
09247X101
9170
12000
SH
SOLE
12000
0
0
BLACKROCK INC
COM
09247X101
159100
208200
SH
DFND
1
208200
0
0
BLACKSTONE INC
COM
09260D107
4379
34500
SH
SOLE
34500
0
0
BLACKSTONE INC
COM
09260D107
151630
1194500
SH
DFND
1
1194500
0
0
BROOKFIELD ASSET MGMT INC
CL A LTD VT SH
112585104
278852
4929329
SH
SOLE
4929329
0
0
BROOKFIELD ASSET MGMT INC
CL A LTD VT SH
112585104
214197
3786412
SH
DFND
1
3786412
0
0
BROOKFIELD ASSET MGMT REINS
CL A EXCH LT VTG
G16169107
1411
24674
SH
SOLE
24674
0
0
BROOKFIELD ASSET MGMT REINS
CL A EXCH LT VTG
G16169107
2026
35427
SH
DFND
1
35427
0
0
BROWN FORMAN CORP
CL A
115637100
30906
492600
SH
SOLE
492600
0
0
BROWN FORMAN CORP
CL A
115637100
21984
350400
SH
DFND
1
350400
0
0
BROWN FORMAN CORP
CL B
115637209
15197
226750
SH
SOLE
226750
0
0
BROWN FORMAN CORP
CL B
115637209
16583
247437
SH
DFND
1
247437
0
0
CABLE ONE INC
COM
12685J105
7614
5200
SH
DFND
1
5200
0
0
CARLYLE GROUP INC
COM
14316J108
2176
44500
SH
SOLE
44500
0
0
CARLYLE GROUP INC
COM
14316J108
58325
1192500
SH
DFND
1
1192500
0
0
CARRIER GLOBAL CORPORATION
COM
14448C104
2505
54600
SH
SOLE
54600
0
0
CARRIER GLOBAL CORPORATION
COM
14448C104
8275
180400
SH
DFND
1
180400
0
0
CATERPILLAR INC
COM
149123101
42224
189500
SH
SOLE
189500
0
0
CATERPILLAR INC
COM
149123101
21836
98000
SH
DFND
1
98000
0
0
CELANESE CORP DEL
COM
150870103
686
4800
SH
DFND
1
4800
0
0
CISCO SYS INC
COM
17275R102
8252
148000
SH
SOLE
148000
0
0
CISCO SYS INC
COM
17275R102
10817
194000
SH
DFND
1
194000
0
0
COLFAX CORP
COM
194014106
43175
1085070
SH
SOLE
1085070
0
0
COLFAX CORP
COM
194014106
1990
50000
SH
DFND
1
50000
0
0
COMCAST CORP NEW
CL A
20030N101
4822
103000
SH
SOLE
103000
0
0
COMCAST CORP NEW
CL A
20030N101
24703
527612
SH
DFND
1
527612
0
0
COSTAR GROUP INC
COM
22160N109
1172
17600
SH
DFND
1
17600
0
0
COSTCO WHSL CORP NEW
COM
22160K105
21393
37150
SH
SOLE
37150
0
0
COSTCO WHSL CORP NEW
COM
22160K105
1152
2000
SH
DFND
1
2000
0
0
CROWN HLDGS INC
COM
228368106
14510
116000
SH
DFND
1
116000
0
0
CVS HEALTH CORP
COM
126650100
202
2000
SH
SOLE
2000
0
0
CVS HEALTH CORP
COM
126650100
33399
330000
SH
DFND
1
330000
0
0
DEERE & CO
COM
244199105
314005
755800
SH
DFND
1
755800
0
0
DIAGEO PLC
SPON ADR NEW
25243Q205
174796
860472
SH
SOLE
860472
0
0
DIAGEO PLC
SPON ADR NEW
25243Q205
99485
489736
SH
DFND
1
489736
0
0
DISNEY WALT CO
COM
254687106
117153
854133
SH
SOLE
854133
0
0
DISNEY WALT CO
COM
254687106
146560
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SH
DFND
1
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0
0
DOLLAR GEN CORP NEW
COM
256677105
27996
125750
SH
DFND
1
125750
0
0
DUCK CREEK TECHNOLOGIES INC
SHS
264120106
205
9250
SH
DFND
1
9250
0
0
EASTMAN CHEM CO
COM
277432100
1955
17450
SH
DFND
1
17450
0
0
ECOLAB INC
COM
278865100
4061
23000
SH
SOLE
23000
0
0
ECOLAB INC
COM
278865100
50549
286300
SH
DFND
1
286300
0
0
ELECTRONIC ARTS INC
COM
285512109
2138
16900
SH
DFND
1
16900
0
0
EQUIFAX INC
COM
294429105
29673
125150
SH
DFND
1
125150
0
0
FACTSET RESH SYS INC
COM
303075105
9985
23000
SH
SOLE
23000
0
0
FACTSET RESH SYS INC
COM
303075105
40689
93720
SH
DFND
1
93720
0
0
FEDEX CORP
COM
31428X106
13536
58500
SH
DFND
1
58500
0
0
GARTNER INC
COM
366651107
744
2500
SH
DFND
1
2500
0
0
GENERAL DYNAMICS CORP
COM
369550108
10612
44000
SH
SOLE
44000
0
0
GENERAL DYNAMICS CORP
COM
369550108
83569
346500
SH
DFND
1
346500
0
0
GOLDMAN SACHS GROUP INC
COM
38141G104
16242
49204
SH
SOLE
49204
0
0
GOLDMAN SACHS GROUP INC
COM
38141G104
97266
294656
SH
DFND
1
294656
0
0
GRAHAM HLDGS CO
COM CL B
384637104
3180
5200
SH
DFND
1
5200
0
0
HANOVER INS GROUP INC
COM
410867105
7027
47000
SH
DFND
1
47000
0
0
HEALTHCARE SVCS GROUP INC
COM
421906108
7781
419000
SH
SOLE
419000
0
0
HEALTHCARE SVCS GROUP INC
COM
421906108
14512
781500
SH
DFND
1
781500
0
0
HEICO CORP NEW
CL A
422806208
977
7702
SH
SOLE
7702
0
0
HEICO CORP NEW
CL A
422806208
42544
335442
SH
DFND
1
335442
0
0
HEXCEL CORP NEW
COM
428291108
2260
38000
SH
SOLE
38000
0
0
HEXCEL CORP NEW
COM
428291108
8980
151000
SH
DFND
1
151000
0
0
HOME DEPOT INC
COM
437076102
124850
417098
SH
SOLE
417098
0
0
HOME DEPOT INC
COM
437076102
150534
502902
SH
DFND
1
502902
0
0
ILLINOIS TOOL WKS INC
COM
452308109
17799
85000
SH
SOLE
85000
0
0
ILLINOIS TOOL WKS INC
COM
452308109
50780
242500
SH
DFND
1
242500
0
0
INTERCONTINENTAL EXCHANGE IN
COM
45866F104
676
5120
SH
DFND
1
5120
0
0
INTERNATIONAL FLAVORS&FRAGRA
COM
459506101
3021
23000
SH
DFND
1
23000
0
0
INTUIT
COM
461202103
1308
2720
SH
DFND
1
2720
0
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INVESTORS TITLE CO NC
COM
461804106
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SH
DFND
1
213300
0
0
JOHNSON & JOHNSON
COM
478160104
20240
114200
SH
SOLE
114200
0
0
JOHNSON & JOHNSON
COM
478160104
88012
496600
SH
DFND
1
496600
0
0
JPMORGAN CHASE & CO
COM
46625H100
29520
216550
SH
DFND
1
216550
0
0
KKR & CO INC
COM
48251W104
3625
62000
SH
SOLE
62000
0
0
KKR & CO INC
COM
48251W104
79440
1358650
SH
DFND
1
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0
0
LAMAR ADVERTISING CO NEW
CL A
512816109
988
8500
SH
DFND
1
8500
0
0
LIBERTY BROADBAND CORP
COM SER A
530307107
2851
21750
SH
SOLE
21750
0
0
LIBERTY BROADBAND CORP
COM SER A
530307107
24050
183500
SH
DFND
1
183500
0
0
LIBERTY BROADBAND CORP
COM SER C
530307305
5528
40853
SH
SOLE
40853
0
0
LIBERTY BROADBAND CORP
COM SER C
530307305
17762
131260
SH
DFND
1
131260
0
0
LIBERTY GLOBAL PLC
SHS CL A
G5480U104
77
3000
SH
SOLE
3000
0
0
LIBERTY GLOBAL PLC
SHS CL A
G5480U104
4490
176000
SH
DFND
1
176000
0
0
LIBERTY MEDIA CORP DEL
COM A SIRIUSXM
531229409
2377
52000
SH
SOLE
52000
0
0
LIBERTY MEDIA CORP DEL
COM A SIRIUSXM
531229409
17096
374000
SH
DFND
1
374000
0
0
LIBERTY MEDIA CORP DEL
COM C SIRIUSXM
531229607
6128
134000
SH
SOLE
134000
0
0
LIBERTY MEDIA CORP DEL
COM C SIRIUSXM
531229607
17743
388000
SH
DFND
1
388000
0
0
LINDE PLC
SHS
G5494J103
1885
5900
SH
SOLE
5900
0
0
LINDE PLC
SHS
G5494J103
28270
88500
SH
DFND
1
88500
0
0
LOCKHEED MARTIN CORP
COM
539830109
4574
10363
SH
DFND
1
10363
0
0
LOWES COS INC
COM
548661107
51963
257000
SH
SOLE
257000
0
0
LOWES COS INC
COM
548661107
67123
331980
SH
DFND
1
331980
0
0
MACOM TECH SOLUTIONS HLDGS I
COM
55405Y100
3532
59000
SH
DFND
1
59000
0
0
MARSH & MCLENNAN COS INC
COM
571748102
2982
17500
SH
SOLE
17500
0
0
MARSH & MCLENNAN COS INC
COM
571748102
102474
601300
SH
DFND
1
601300
0
0
MARVELL TECHNOLOGY INC
COM
573874104
5378
75000
SH
DFND
1
75000
0
0
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CL A
57636Q104
12866
36000
SH
SOLE
36000
0
0
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CL A
57636Q104
61305
171540
SH
DFND
1
171540
0
0
META PLATFORMS INC
CL A
30303M102
4138
18610
SH
SOLE
18610
0
0
META PLATFORMS INC
CL A
30303M102
32196
144790
SH
DFND
1
144790
0
0
MICROSOFT CORP
COM
594918104
26206
85000
SH
SOLE
85000
0
0
MICROSOFT CORP
COM
594918104
121776
394980
SH
DFND
1
394980
0
0
MOODYS CORP
COM
615369105
35091
104000
SH
SOLE
104000
0
0
MOODYS CORP
COM
615369105
36774
108990
SH
DFND
1
108990
0
0
MSCI INC
COM
55354G100
503
1000
SH
SOLE
1000
0
0
MSCI INC
COM
55354G100
70755
140700
SH
DFND
1
140700
0
0
NIKE INC
CL B
654106103
21799
162000
SH
SOLE
162000
0
0
NIKE INC
CL B
654106103
27450
204000
SH
DFND
1
204000
0
0
NORFOLK SOUTHN CORP
COM
655844108
20821
73000
SH
SOLE
73000
0
0
NORFOLK SOUTHN CORP
COM
655844108
44637
156500
SH
DFND
1
156500
0
0
NOVO-NORDISK A S
ADR
670100205
119379
1075000
SH
SOLE
1075000
0
0
NVR INC
COM
62944T105
447
100
SH
SOLE
100
0
0
NVR INC
COM
62944T105
42167
9439
SH
DFND
1
9439
0
0
O-I GLASS INC
COM
67098H104
6036
458000
SH
DFND
1
458000
0
0
OTIS WORLDWIDE CORP
COM
68902V107
2101
27300
SH
SOLE
27300
0
0
OTIS WORLDWIDE CORP
COM
68902V107
6719
87320
SH
DFND
1
87320
0
0
PAYCHEX INC
COM
704326107
9553
70000
SH
SOLE
70000
0
0
PAYCHEX INC
COM
704326107
10918
80000
SH
DFND
1
80000
0
0
PAYPAL HLDGS INC
COM
70450Y103
1220
10551
SH
DFND
1
10551
0
0
PEPSICO INC
COM
713448108
16104
96210
SH
DFND
1
96210
0
0
PHILIP MORRIS INTL INC
COM
718172109
10756
114500
SH
DFND
1
114500
0
0
PRICE T ROWE GROUP INC
COM
74144T108
4838
32000
SH
SOLE
32000
0
0
PRICE T ROWE GROUP INC
COM
74144T108
42636
282000
SH
DFND
1
282000
0
0
PROGRESSIVE CORP
COM
743315103
6839
60000
SH
SOLE
60000
0
0
PROGRESSIVE CORP
COM
743315103
78739
690750
SH
DFND
1
690750
0
0
RAYTHEON TECHNOLOGIES CORP
COM
75513E101
5409
54600
SH
SOLE
54600
0
0
RAYTHEON TECHNOLOGIES CORP
COM
75513E101
16782
169400
SH
DFND
1
169400
0
0
REGENERON PHARMACEUTICALS
COM
75886F107
56083
80300
SH
DFND
1
80300
0
0
RLI CORP
COM
749607107
41708
377000
SH
SOLE
377000
0
0
RLI CORP
COM
749607107
90747
820272
SH
DFND
1
820272
0
0
ROCKWELL AUTOMATION INC
COM
773903109
2212
7900
SH
SOLE
7900
0
0
ROCKWELL AUTOMATION INC
COM
773903109
40604
145000
SH
DFND
1
145000
0
0
ROLLINS INC
COM
775711104
1927
54975
SH
SOLE
54975
0
0
ROLLINS INC
COM
775711104
41825
1193300
SH
DFND
1
1193300
0
0
S&P GLOBAL INC
COM
78409V104
410
1000
SH
SOLE
1000
0
0
S&P GLOBAL INC
COM
78409V104
61031
148790
SH
DFND
1
148790
0
0
SCHWAB CHARLES CORP
COM
808513105
10370
123000
SH
SOLE
123000
0
0
SCHWAB CHARLES CORP
COM
808513105
81975
972300
SH
DFND
1
972300
0
0
SCOTTS MIRACLE-GRO CO
CL A
810186106
799
6500
SH
DFND
1
6500
0
0
SEI INVTS CO
COM
784117103
3552
59000
SH
SOLE
59000
0
0
SEI INVTS CO
COM
784117103
23253
386200
SH
DFND
1
386200
0
0
SHERWIN WILLIAMS CO
COM
824348106
23507
94172
SH
DFND
1
94172
0
0
SHOPIFY INC
CL A
82509L107
1859
2750
SH
DFND
1
2750
0
0
SONY GROUP CORPORATION
SPONSORED ADR
835699307
1643
16000
SH
DFND
1
16000
0
0
SPOTIFY TECHNOLOGY S A
SHS
L8681T102
1948
12900
SH
DFND
1
12900
0
0
STARBUCKS CORP
COM
855244109
3684
40500
SH
SOLE
40500
0
0
STARBUCKS CORP
COM
855244109
44468
488818
SH
DFND
1
488818
0
0
STERICYCLE INC
COM
858912108
1473
25000
SH
SOLE
25000
0
0
STERICYCLE INC
COM
858912108
35747
606700
SH
DFND
1
606700
0
0
TEXAS INSTRS INC
COM
882508104
32292
176000
SH
SOLE
176000
0
0
TEXAS INSTRS INC
COM
882508104
100547
548000
SH
DFND
1
548000
0
0
TEXAS PACIFIC LAND CORPORATI
COM
88262P102
10682
7900
SH
DFND
1
7900
0
0
THERMO FISHER SCIENTIFIC INC
COM
883556102
1152
1950
SH
DFND
1
1950
0
0
TRANSUNION
COM
89400J107
310
3000
SH
SOLE
3000
0
0
TRANSUNION
COM
89400J107
9616
93050
SH
DFND
1
93050
0
0
TRUPANION INC
COM
898202106
446
5000
SH
SOLE
5000
0
0
TRUPANION INC
COM
898202106
11443
128400
SH
DFND
1
128400
0
0
TYSON FOODS INC
CL A
902494103
448
5000
SH
SOLE
5000
0
0
TYSON FOODS INC
CL A
902494103
34015
379500
SH
DFND
1
379500
0
0
UNION PAC CORP
COM
907818108
3033
11100
SH
SOLE
11100
0
0
UNION PAC CORP
COM
907818108
20403
74678
SH
DFND
1
74678
0
0
VERISK ANALYTICS INC
COM
92345Y106
215
1000
SH
SOLE
1000
0
0
VERISK ANALYTICS INC
COM
92345Y106
16205
75500
SH
DFND
1
75500
0
0
VISA INC
COM CL A
92826C839
41271
186100
SH
SOLE
186100
0
0
VISA INC
COM CL A
92826C839
171873
775005
SH
DFND
1
775005
0
0
WATSCO INC
COM
942622200
8256
27100
SH
SOLE
27100
0
0
WATSCO INC
COM
942622200
119312
391650
SH
DFND
1
391650
0
0
WELLS FARGO CO NEW
COM
949746101
1551
32000
SH
SOLE
32000
0
0
WELLS FARGO CO NEW
COM
949746101
7921
163450
SH
DFND
1
163450
0
0
WHIRLPOOL CORP
COM
963320106
904
5230
SH
SOLE
5230
0
0
WHIRLPOOL CORP
COM
963320106
47829
276819
SH
DFND
1
276819
0
0
WILLIS TOWERS WATSON PLC LTD
SHS
G96629103
484
2050
SH
DFND
1
2050
0
0