MKLNYSEFire, Marine & Casualty InsuranceFiscal year ends December 31
MARKEL GROUP INC.
Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Jul 29, 2026
$1855.84+5.71 (+0.31%)
Close on Oct 19, 2026
- Market cap
- $23.37B
- P/E (TTM)
- 10.3
- Dividend yield
- –
Ownership
Institutional holdings as of Jun 30, 2026, from 13F filings
Held by institutions
79.1%
10M of 12M shares
Institutional holders
925
104 new, 88 sold out
Net institutional buying
0M
In Q2 2026
Insider trades, 12 months
3 buys · 23 sales
Net sold $3.31M
Shares held by institutions
Holders of more than 5%
Latest Schedule 13D (active) or 13G (passive) filed by each holder
| Holder | Shares | % of class | Filing | As of |
|---|---|---|---|---|
| BlackRock, Inc. | 762,961 | 5.80% | 13G (passive) | Dec 31, 2023 |
| Vanguard Capital Management | 654,077 | 5.20% | 13G (passive) | Mar 31, 2026 |
Top institutional holders
13F holdings as of Jun 30, 2026
| Holder | Shares | % of MKL | Value | Change | % of portfolio |
|---|---|---|---|---|---|
| BlackRock, Inc. | 697,836 | 5.63% | $1.36B | −12,770 | 0.02% |
| Vanguard Capital Management LLC | 545,650 | 4.40% | $1.07B | +1,143 | 0.02% |
| Vanguard Portfolio Management LLC | 521,976 | 4.21% | $1.02B | −2,225 | 0.05% |
| Davis Selected Advisers | 406,759 | 3.28% | $794.40M | +23,326 | 3.41% |
| Morgan Stanley | 350,660 | 2.83% | $684.85M | −6,427 | 0.04% |
| Select Equity Group, L.P. | 331,679 | 2.68% | $647.77M | −45,964 | 3.20% |
| State Street Corp | 312,169 | 2.52% | $609.67M | +5,179 | 0.02% |
| Principal Financial Group Inc | 307,791 | 2.48% | $601.19M | −94,085 | 0.30% |
| Boston Partners | 307,500 | 2.48% | $600.54M | +56,528 | 0.53% |
| Check Capital Management Inc/Ca | 237,627 | 1.92% | $464.09M | +160,741 | 4.16% |
| Van Lanschot Kempen Investment Management N.V. | 230,637 | 1.86% | $450.44M | +4,489 | 3.44% |
| Geode Capital Management, LLC | 214,799 | 1.73% | $418.20M | −6,894 | 0.02% |
| DAVENPORT & Co LLC | 206,399 | 1.67% | $403.21M | −773 | 1.98% |
| Baillie Gifford & Co | 157,923 | 1.27% | $308.43M | −17,145 | 0.28% |
| Norges Bank | 145,542 | 1.17% | $284.24M | New | 0.03% |
| Dimensional Fund Advisors LP | 139,067 | 1.12% | $271.61M | +2,082 | 0.05% |
| Bank Of America Corp /De/ | 118,590 | 0.96% | $231.61M | −17,494 | 0.01% |
| Madison Avenue Partners, LP | 112,325 | 0.91% | $219.37M | +24,436 | 9.44% |
| Wellington Management Group Llp | 102,408 | 0.83% | $200.00M | −4,265 | 0.03% |
| Bank Julius Baer & Co. Ltd, Zurich | 92,601 | 0.75% | $180.99M | −4,782 | 0.47% |
Institutional buying and selling by quarter
Positions opened, added to, reduced and closed by 13F filers
| Quarter | Holders | Shares held | % of shares | New / added | Reduced / closed | Shares bought | Shares sold |
|---|---|---|---|---|---|---|---|
| Q2 2026 | 925 | 10M | 79.1% | 104 / 320 | 315 / 88 | 1M | 1M |
| Q1 2026 | 930 | 10M | 77.9% | 107 / 303 | 304 / 87 | 2M | 1M |
| Q4 2025 | 922 | 10M | 80.5% | 128 / 277 | 304 / 47 | 1M | 1M |
| Q3 2025 | 854 | 10M | 80.3% | 73 / 296 | 271 / 61 | 0M | 1M |
| Q2 2025 | 853 | 10M | 81.6% | 74 / 289 | 292 / 61 | 0M | 1M |
| Q1 2025 | 851 | 10M | 82.2% | 93 / 272 | 305 / 62 | 1M | 1M |
| Q4 2024 | 831 | 10M | 81.3% | 100 / 264 | 284 / 51 | 1M | 1M |
| Q3 2024 | 793 | 10M | 79.7% | 69 / 303 | 244 / 76 | 1M | 0M |
| Q2 2024 | 811 | 10M | 80.8% | 116 / 238 | 280 / 41 | 0M | 2M |
| Q1 2024 | 744 | 11M | 91.1% | 92 / 270 | 241 / 70 | 1M | 1M |
| Q4 2023 | 732 | 11M | 86.9% | 77 / 271 | 237 / 75 | 1M | 1M |
| Q3 2023 | 738 | 10M | 82.3% | 87 / 245 | 238 / 43 | 0M | 1M |
Top mutual fund and ETF holders
Latest monthly portfolio reports (Form N-PORT)
| Fund | Shares | % of MKL | Value | % of fund | As of |
|---|---|---|---|---|---|
| Vanguard Total Stock Market Index Fund | 377,471 | 3.05% | $737.20M | 0.03% | Jun 30, 2026 |
| Vanguard Mid-Cap Index Fund | 257,659 | 2.08% | $503.21M | 0.22% | Jun 30, 2026 |
| Vanguard Extended Market Index Fund | 143,515 | 1.16% | $280.29M | 0.29% | Jun 30, 2026 |
| Eaton Vance Atlanta Capital SMID-Cap Fund | 128,725 | 1.04% | $251.40M | 2.86% | Jun 30, 2026 |
| Disciplined Value Mid Cap Fund | 125,503 | 1.01% | $245.11M | 1.06% | Jun 30, 2026 |
| MidCap Fund | 120,844 | 0.98% | $227.47M | 0.98% | Jul 31, 2026 |
| Vanguard Value Index Fund | 112,986 | 0.91% | $220.66M | 0.09% | Jun 30, 2026 |
| Davis New York Venture Fund | 83,172 | 0.67% | $156.56M | 2.05% | Jul 31, 2026 |
| Fidelity Extended Market Index Fund | 64,999 | 0.52% | $118.01M | 0.28% | May 31, 2026 |
| Fam Value Fund | 53,850 | 0.43% | $105.17M | 5.78% | Jun 30, 2026 |
| iShares Russell Mid-Cap ETF | 50,897 | 0.41% | $99.40M | 0.17% | Jun 30, 2026 |
| Fidelity Mid Cap Index Fund | 46,840 | 0.38% | $88.17M | 0.17% | Jul 31, 2026 |
| Vanguard Mid-Cap Growth Index Fund | 45,607 | 0.37% | $89.07M | 0.26% | Jun 30, 2026 |
| Clipper Fund | 44,677 | 0.36% | $87.25M | 5.91% | Jun 30, 2026 |
| Vanguard Mid-Cap Value Index Fund | 38,177 | 0.31% | $74.56M | 0.20% | Jun 30, 2026 |
Officers, directors and major owners
People who filed Forms 3, 4 or 5 in the last two years
| Name | Role | Shares owned | % of shares | Latest filing |
|---|---|---|---|---|
| Thomas Sinnickson Gayner | Chief Executive Officer, Director | 61,529 | 0.50% | May 19, 2026 |
| Andrew G. Crowley | EVP & Pres., Markel Ventures | 2,963 | 0.02% | Jul 16, 2026 |
| Brian J. Costanzo | Chief Financial Officer | 1,862 | 0.02% | Jul 16, 2026 |
| Richard Randolph Grinnan | SVP, Chief Legal Officer & Sec | 4,267 | 0.03% | May 19, 2026 |
| Simon Wilson | EVP and CEO, Markel Insurance | 2,397 | 0.02% | Feb 26, 2026 |
| Meade P. Grandis | CAO and Controller | 6,945 | 0.06% | Feb 26, 2026 |
| Michael R. Heaton | EVP & Chief Operating Officer | 4,870 | 0.04% | Dec 3, 2025 |
| Jeremy Andrew Noble | President, Insurance | 5,129 | 0.04% | Feb 20, 2025 |
| Lawrence A. Cunningham | Director | 1,042 | 0.01% | Jun 17, 2026 |
| Jonathan E. Michael | Director | 333 | 0.00% | Jun 17, 2026 |
| A. Lynne Puckett | Director | 1,970 | 0.02% | Jun 17, 2026 |
| Michael Oreilly | Director | 3,935 | 0.03% | Jun 17, 2026 |
| Diane Leopold | Director | 2,895 | 0.02% | Jun 17, 2026 |
| Harold Lawrence Morrison Jr. | Director | 1,127 | 0.01% | Jun 17, 2026 |
| Mark Besca | Director | 1,222 | 0.01% | Jun 17, 2026 |
| Morgan E. Housel | Director | 1,029 | 0.01% | Jun 17, 2026 |
| Greta J. Harris | Director | 672 | 0.01% | May 27, 2026 |
| Steven A. Markel | Director | 78,645 | 0.63% | Dec 15, 2025 |
| Anthony F. Markel | Director | 27,933 | 0.23% | Feb 25, 2025 |
Insider trades
Common stock transactions reported on Form 4, newest first
| Insider | Date | Transaction | Shares | Price | Value | Shares after |
|---|---|---|---|---|---|---|
| Andrew G. Crowley EVP & Pres., Markel Ventures | Jul 15, 2026 | Other | +7.48 | $1730.49 | $12.94K | 2,749 |
| Brian J. Costanzo Chief Financial Officer | Jun 30, 2026 | Other | +2.16 | $1617.19 | $3.49K | 1,632 |
| Andrew G. Crowley EVP & Pres., Markel Ventures | Jun 30, 2026 | Other | +2.82 | $1617.19 | $4.56K | 2,741 |
| Diane Leopold Director | Jun 15, 2026 | Other | +65.92 | $1668.65 | $110.00K | 2,345 |
| Lawrence A. Cunningham Director | Jun 15, 2026 | Other | +32.96 | $1668.65 | $55.00K | 1,042 |
| Mark Besca Director | Jun 15, 2026 | Other | +80.9 | $1668.65 | $134.99K | 1,222 |
| Morgan E. Housel Director | Jun 15, 2026 | Other | +65.92 | $1668.65 | $110.00K | 1,029 |
| A. Lynne Puckett Director | Jun 15, 2026 | Other | +65.92 | $1668.65 | $110.00K | 507 |
| Michael Oreilly Director | Jun 15, 2026 | Other | +89.89 | $1668.65 | $149.99K | 3,935 |
| Harold Lawrence Morrison Jr. Director | Jun 15, 2026 | Other | +32.96 | $1668.65 | $55.00K | 1,127 |
| Jonathan E. Michael Director | Jun 15, 2026 | Other | +65.92 | $1668.65 | $110.00K | 333 |
| Greta J. Harris Director | May 22, 2026 | Sale | −14 | $1847.36 | $25.86K | 672 |
| Greta J. Harris Director | May 22, 2026 | Sale | −35 | $1846.12 | $64.61K | 686 |
| Greta J. Harris Director | May 22, 2026 | Sale | −27 | $1848.83 | $49.92K | 645 |
| Mark Besca Director | May 20, 2026 | Award | +89 | – | – | 1,141 |
| Greta J. Harris Director | May 20, 2026 | Award | +89 | – | – | 721 |
| Jonathan E. Michael Director | May 20, 2026 | Award | +89 | – | – | 267 |
| Harold Lawrence Morrison Jr. Director | May 20, 2026 | Award | +89 | – | – | 1,094 |
| Michael Oreilly Director | May 20, 2026 | Award | +89 | – | – | 3,845 |
| Lawrence A. Cunningham Director | May 20, 2026 | Award | +89 | – | – | 1,009 |
| Diane Leopold Director | May 20, 2026 | Award | +89 | – | – | 2,279 |
| Morgan E. Housel Director | May 20, 2026 | Award | +89 | – | – | 963 |
| A. Lynne Puckett Director | May 20, 2026 | Award | +89 | – | – | 441 |
| Andrew G. Crowley EVP & Pres., Markel Ventures | May 15, 2026 | Other | +60.26 | $1659.60 | $100.01K | 2,738 |
| Andrew G. Crowley EVP & Pres., Markel Ventures | May 15, 2026 | Tax withholding | −74.87 | $1844.00 | $138.06K | 2,678 |
| Thomas Sinnickson Gayner Chief Executive Officer, Director | May 15, 2026 | Tax withholding | −481.67 | $1844.00 | $888.20K | 56,260 |
| Brian J. Costanzo Chief Financial Officer | May 15, 2026 | Other | +30.13 | $1659.60 | $50.00K | 1,630 |
| Brian J. Costanzo Chief Financial Officer | May 15, 2026 | Tax withholding | −13.08 | $1844.00 | $24.12K | 1,600 |
| Richard Randolph Grinnan SVP, Chief Legal Officer & Sec | May 15, 2026 | Tax withholding | −116.36 | $1844.00 | $214.57K | 4,147 |
| Diane Leopold Director | May 7, 2026 | Buy | +50 | $1789.19 | $89.46K | 550 |
| Diane Leopold Director | May 6, 2026 | Buy | +100 | $1792.61 | $179.26K | 2,190 |
| A. Lynne Puckett Director | May 1, 2026 | Buy | +57 | $1795.53 | $102.35K | 1,463 |
| Brian J. Costanzo Chief Financial Officer | Mar 31, 2026 | Other | +1.84 | $1626.96 | $2.99K | 1,613 |
| Andrew G. Crowley EVP & Pres., Markel Ventures | Mar 31, 2026 | Other | +9.22 | $1626.96 | $15.00K | 2,753 |
| Simon Wilson EVP and CEO, Markel Insurance | Feb 26, 2026 | Sale | −100 | $2079.48 | $207.95K | 2,397 |
| Richard Randolph Grinnan SVP, Chief Legal Officer & Sec | Feb 24, 2026 | Award | +800.51 | – | – | 4,263 |
| Brian J. Costanzo Chief Financial Officer | Feb 24, 2026 | Award | +654.64 | – | – | 1,611 |
| Simon Wilson EVP and CEO, Markel Insurance | Feb 24, 2026 | Award | +868.12 | – | – | 2,497 |
| Meade P. Grandis CAO and Controller | Feb 24, 2026 | Award | +69.72 | – | – | 294 |
| Thomas Sinnickson Gayner Chief Executive Officer, Director | Feb 24, 2026 | Award | +4,483.62 | – | – | 56,741 |
| Andrew G. Crowley EVP & Pres., Markel Ventures | Feb 24, 2026 | Award | +830.02 | – | – | 2,744 |
| Simon Wilson CEO, Markel Insurance | Feb 17, 2026 | Tax withholding | −47 | $2084.46 | $97.97K | 1,629 |
| Brian J. Costanzo Chief Financial Officer | Dec 31, 2025 | Other | +2.18 | $1602.62 | $3.49K | 957 |
| Steven A. Markel Director | Dec 11, 2025 | Sale(10b5-1 plan) | −50 | $2103.55 | $105.18K | 61,584 |
| Steven A. Markel Director | Dec 11, 2025 | Sale(10b5-1 plan) | −64 | $2100.00 | $134.40K | 61,634 |
| Steven A. Markel Director | Dec 11, 2025 | Sale(10b5-1 plan) | −70 | $2108.27 | $147.58K | 61,514 |
| Steven A. Markel Director | Dec 11, 2025 | Sale(10b5-1 plan) | −120 | $2129.98 | $255.60K | 60,368 |
| Steven A. Markel Director | Dec 11, 2025 | Sale(10b5-1 plan) | −10 | $2128.00 | $21.28K | 60,488 |
| Steven A. Markel Director | Dec 11, 2025 | Sale(10b5-1 plan) | −190 | $2127.26 | $404.18K | 60,498 |
| Steven A. Markel Director | Dec 11, 2025 | Sale(10b5-1 plan) | −75 | $2126.00 | $159.45K | 60,688 |
| Steven A. Markel Director | Dec 11, 2025 | Sale(10b5-1 plan) | −32 | $2125.00 | $68.00K | 60,763 |
| Steven A. Markel Director | Dec 11, 2025 | Sale(10b5-1 plan) | −10 | $2123.05 | $21.23K | 60,795 |
| Steven A. Markel Director | Dec 11, 2025 | Sale(10b5-1 plan) | −173 | $2121.69 | $367.05K | 60,805 |
| Steven A. Markel Director | Dec 11, 2025 | Sale(10b5-1 plan) | −51 | $2120.65 | $108.15K | 60,978 |
| Steven A. Markel Director | Dec 11, 2025 | Sale(10b5-1 plan) | −24 | $2118.37 | $50.84K | 61,029 |
| Steven A. Markel Director | Dec 11, 2025 | Sale(10b5-1 plan) | −201 | $2117.37 | $425.59K | 61,053 |
| Steven A. Markel Director | Dec 11, 2025 | Sale(10b5-1 plan) | −100 | $2116.18 | $211.62K | 61,254 |
| Steven A. Markel Director | Dec 11, 2025 | Sale(10b5-1 plan) | −120 | $2114.99 | $253.80K | 61,354 |
| Steven A. Markel Director | Dec 11, 2025 | Sale(10b5-1 plan) | −40 | $2112.03 | $84.48K | 61,474 |
| Thomas Sinnickson Gayner Chief Executive Officer, Director | Dec 2, 2025 | Tax withholding | −36.61 | $2060.83 | $75.45K | 52,258 |
Awards, option exercises, tax withholding and gifts are shown alongside open-market buys and sales. Each name links to the filing on SEC EDGAR.
Planned insider sales
Notices of proposed sale filed on Form 144 before shares are sold
| Seller | Filed | Shares | Market value | Planned sale | Acquired through |
|---|---|---|---|---|---|
| Greta J. Harris Director | May 22, 2026 | 76 | $140.40K | May 22, 2026 | Restricted Stock Vesting |
| Steven A. Markel Director | Dec 11, 2025 | 1,330 | $2.82M | Dec 11, 2025 | Founders Shares |
| Steven A. Markel Director | Nov 28, 2025 | 100 | $210.00K | Nov 28, 2025 | Founders Shares |
| Steven A. Markel Director | Nov 26, 2025 | 70 | $147.00K | Nov 26, 2025 | Founders Shares |
| Greta J. Harris Director | May 23, 2025 | 90 | $167.53K | May 23, 2025 | Restricted Stock Vesting |
| Steven A. Markel Director | Feb 25, 2025 | 1,054 | $1.97M | Feb 25, 2025 | Founders Shares |
| Steven A. Markel Director | Feb 24, 2025 | 1,146 | $2.13M | Feb 24, 2025 | Founders Shares |
| Steven A. Markel Director | Feb 21, 2025 | 800 | $1.49M | Feb 21, 2025 | Founders Shares |
| Greta J. Harris Director | May 24, 2024 | 122 | $197.74K | May 24, 2024 | Restricted Stock Vesting |
| Steven A. Markel Director | May 21, 2024 | 3,000 | $4.92M | May 21, 2024 | Founders Shares |
| Steven A. Markel Officer | Nov 17, 2023 | 63 | $87.25K | Nov 17, 2023 | Founders Shares |
| A. Markel Steven Director | Aug 29, 2023 | 1,398 | $2.06M | Aug 29, 2023 | Compensation |
| Greta J. Harris Director | Aug 18, 2023 | 103 | $153.66K | Aug 18, 2023 | Restricted Stock Vesting |