Tracking Thomas Gayner's Markel Portfolio – Q2 2020 Update

  • Gayner’s portfolio remained almost steady at $5.37B this quarter. 
  • Markel dropped CarMax, Marriott Intl, Walgreens Boots Alliance, Automatic Data Processing, and Anthem Inc. during the quarter. 
  • Berkshire Hathaway at ~11% of the portfolio is by far the largest position. 

Thomas Gayner’s Markel Investment Portfolio value remained almost steady $5.37B this quarter. The portfolio continues to have around 100 different positions although only around 50 are significantly large (more than 0.5% of the portfolio each). The top-five stakes are Berkshire Hathaway, Brookfield Asset Management, Amazon.com, Home Depot, and Alphabet.

 

Markel Corporation (MKL) is currently trading at around 1.34-times Book Value (BV) at ~$1038 per share - BV is ~$780 as of Q2 2020.

 

Below is a spreadsheet that highlights the changes to the portfolio as of Q2 2020. Please check out our previous update to have an idea on how the portfolio is progressing:

 

 

 

To learn more about how to profit from a strategy of cloning hedge fund picks, check out our book Profiting from Hedge Funds: Winning Strategies for the Little Guy.  

 




No comments :

Post a Comment