-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, HovEhOtQl8/GnW79GhaEbdTVL6fBpz5c6At60/sqlPWMe5fBFOJdTERG6nbYgDSh swSUKCEm1NHL8li5WbAl1Q== 0000950168-99-002532.txt : 20000211 0000950168-99-002532.hdr.sgml : 20000211 ACCESSION NUMBER: 0000950168-99-002532 CONFORMED SUBMISSION TYPE: SC 13G PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 19990929 GROUP MEMBERS: THE TORRAY FUND GROUP MEMBERS: TORRAY ROBERT E & CO INC SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: MARKEL CORP CENTRAL INDEX KEY: 0000803509 STANDARD INDUSTRIAL CLASSIFICATION: FIRE, MARINE & CASUALTY INSURANCE [6331] IRS NUMBER: 540292420 STATE OF INCORPORATION: VA FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G SEC ACT: SEC FILE NUMBER: 005-39299 FILM NUMBER: 99720088 BUSINESS ADDRESS: STREET 1: 4551 COX RD CITY: GLEN ALLEN STATE: VA ZIP: 23060-3382 BUSINESS PHONE: 8047470136 MAIL ADDRESS: STREET 1: P O BOX 2009 CITY: GLEN ALLEN STATE: VA ZIP: 23058-2009 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: TORRAY ROBERT E & CO INC CENTRAL INDEX KEY: 0000098758 STANDARD INDUSTRIAL CLASSIFICATION: [] IRS NUMBER: 520946142 STATE OF INCORPORATION: MD FISCAL YEAR END: 0430 FILING VALUES: FORM TYPE: SC 13G BUSINESS ADDRESS: STREET 1: 6610 ROCKLEDGE DRIVE STE 450 CITY: BETHESDA STATE: MD ZIP: 20817 BUSINESS PHONE: 3014934600 FORMER COMPANY: FORMER CONFORMED NAME: TORRAY ROBERT E INC DATE OF NAME CHANGE: 19600201 FORMER COMPANY: FORMER CONFORMED NAME: TORRAY CLARK & CO INC DATE OF NAME CHANGE: 19600201 FORMER COMPANY: FORMER CONFORMED NAME: TORRAY CLARK & CO INC /MD/ DATE OF NAME CHANGE: 19600201 SC 13G 1 ROBERT E. TORRAY SC 13G UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13G Under the Securities Exchange Act of 1934 Markel Corporation ------------------------------------------------------------------------------ (Name of Issuer) Common Stock ------------------------------------------------------------------------------ (Title of Class of Securities) 570535104 ------------------------------------------------------------------------------ (CUSIP Number) September 28, 1999 ------------------------------------------------------------------------------ (Date of Event Which Requires Filing of this Statement) Check the appropriate box to designate the rule pursuant to which this schedule is filed: [X] Rule 13d-1(b) [ ] Rule 13d-1(c) [ ] Rule 13d-1(d) *The remainder of this cover page shall be filled out for a reporting person's initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page. The information required in the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes). 1 of 10 SCHEDULE 13G CUSIP No. 570535104 1 NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON Robert E. Torray & Co., Inc. -------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) / / (b) /x/ - ---------------------------------------------------------------------- 3 SEC USE ONLY - ---------------------------------------------------------------------- 4 CITIZENSHIP OR PLACE OF ORGANIZATION Maryland - ---------------------------------------------------------------------- 5 SOLE VOTING POWER NUMBER OF -0- SHARES ---------------------------------------------- BENEFICIALLY 6 SHARED VOTING POWER OWNED BY EACH -133,000- ---------------------------------------------- REPORTING 7 SOLE DISPOSITIVE POWER PERSON WITH -0- ---------------------------------------------- 8 SHARED DISPOSITIVE POWER -133,000- - ---------------------------------------------------------------------- 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON -279,800- - ---------------------------------------------------------------------- 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES / / - ---------------------------------------------------------------------- 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 5.003% - ---------------------------------------------------------------------- 12 TYPE OF REPORTING PERSON IA - ---------------------------------------------------------------------- 2 of 10 SCHEDULE 13G CUSIP No. 570535104 1 NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON The Torray Fund - I.R.S. No.:521710083 ---------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) / / (b) /x/ - ---------------------------------------------------------------------- 3 SEC USE ONLY - ---------------------------------------------------------------------- 4 CITIZENSHIP OR PLACE OF ORGANIZATION Massachusetts - ---------------------------------------------------------------------- 5 SOLE VOTING POWER NUMBER OF -0- SHARES ---------------------------------------------- BENEFICIALLY 6 SHARED VOTING POWER OWNED BY EACH -146,800- ---------------------------------------------- REPORTING 7 SOLE DISPOSITIVE POWER PERSON WITH -0- ---------------------------------------------- 8 SHARED DISPOSITIVE POWER -146,800- - ---------------------------------------------------------------------- 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON -279,800- - ---------------------------------------------------------------------- 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES / / - ---------------------------------------------------------------------- 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 5.003% - ---------------------------------------------------------------------- 12 TYPE OF REPORTING PERSON IV - ---------------------------------------------------------------------- Item 1. (a) Name of Issuer: Markel Corporation (b) Address of Issuer's Principal Executive Offices: 3 of 10 4551 Cox Road Glen Allen, VA 23060-3382 Item 2. (a) Name of Person Filing: Robert E. Torray & Co., Inc./ The Torray Fund (b) Address of Principal Business Office or, if none, Residence: Robert E. Torray & Co., Inc. 6610 Rockledge Drive, Suite 450 Bethesda, MD 20817-1869 The Torray Fund 6610 Rockledge Drive, Suite 450 Bethesda, MD 20817-1869 (c) Citizenship: Maryland/Massachusetts (d) Title of Class of Securities: Common Stock (e) CUSIP Number: 570535104 Item 3. If this statement is filed pursuant to Rule 13d-1(b), or 13d-2(b), check whether the person filing is a: (a) [ ] Broker or dealer registered under Section 15 of the Act. (b) [ ] Bank as defined in section 3(a)(6) of the Act. (c) [ ] Insurance company as defined in section 3(a)(19) of the Act. (d) [x] Investment company registered under section 8 of the Investment Company Act of 1940. (e) [x] An investment adviser in accordance with Section 240.13d-1(b)(ii)(E); (f) [ ] An employee benefit plan or endowment fund in accordance with Section 240.13d-1(b)(1)(ii)(F); (g) [ ] A parent holding company or control person in accordance with Section 240.13d-1(b)(ii)(G); (h) [ ] A savings association as defined in Section 3(b) of the Federal Deposit Insurance Act; (i) [ ] A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940; (j) [ ] Group, in accordance with Section 240.13d- 1(b)(1)(ii)(J). If this statement is filed pursuant to Section 240.13d-1(c), check this box [ ]. Item 4. Ownership The information in items 1 and 5-11 on the cover pages (pp. 2-4) of the statement on Schedule 13G is hereby incorporated by reference. Item 5. Ownership of Five Percent or Less of a Class. 4 of 10 If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than five percent of the class of securities, check the following [x]. Item 6. Ownership of More than Five Percent on Behalf of Another Person. N/A Item 7. Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on By the Parent Holding Company N/A Item 8. Identification and Classification of Members of the Group N/A Item 9. Notice of Dissolution of Group N/A Item 10. Certification (a) By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of such securities and were not acquired and are not held in connection with or as a participant in any transaction having that purposes or effect. 5 of 10 SIGNATURE After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct and may be filed jointly with The Torray Fund. Dated: 09/29/99 ROBERT E. TORRAY AND CO., INC. By: /s/ Douglas C Eby ----------------------------- Name: Douglas C Eby Title: President 6 of 10 SIGNATURE After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct and may be filed jointly with Robert E. Torray and Co., Inc.. Dated: 09/29/99 THE TORRAY FUND By: /s/ Douglas C Eby -------------------------------------- Name: Douglas C Eby Title: Vice President 7 of 10 -----END PRIVACY-ENHANCED MESSAGE-----