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MARKEL CORP
MARKEL CORP. Institutional holdings reported to the SEC.

Institutional Holders (2016Q4)
Portfolio Summary: 432 Institutional holders with a total value of $9,628,167,753.
#
Manager Name
Shares
Value ($)
%
Options
Notes
1 VANGUARD GROUP INC 1,055,312 954,529,000 9.91%
2 PRINCIPAL FINANCIAL GROUP INC 633,653 573,139,000 5.95%
3 ATLANTA CAPITAL MANAGEMENT CO L L C 588,321 532,136,000 5.53%
4 BAILLIE GIFFORD & CO 569,135 514,783,000 5.35%
5 AKRE CAPITAL MANAGEMENT LLC 513,939 464,858,000 4.83%
6 WELLINGTON MANAGEMENT GROUP LLP 388,412 351,319,000 3.65%
7 BlackRock Institutional Trust Company, N.A. 379,473 343,233,000 3.56%
8 Capital Research Global Investors 340,000 307,530,000 3.19%
9 STATE STREET CORP 297,713 269,267,000 2.80%
10 DAVENPORT & Co LLC 286,208 258,875,000 2.69%
11 DAVIS SELECTED ADVISERS 271,805 245,848,000 2.55%
12 BlackRock Fund Advisors 264,600 239,331,000 2.49%
13 Broad Run Investment Management, LLC 245,432 221,993,000 2.31%
14 BESSEMER GROUP INC 171,757 155,355,000 1.61%
15 MAR VISTA INVESTMENT PARTNERS LLC 135,161 122,253,000 1.27%
16 RENAISSANCE TECHNOLOGIES LLC 132,300 119,665,000 1.24%
17 NORGES BANK 130,338 117,891,000 1.22%
18 Polar Capital LLP 115,187 104,187,000 1.08%
19 VICTORY CAPITAL MANAGEMENT INC 109,556 99,093,000 1.03%
20 AVENIR CORP 107,784 97,491,000 1.01%
21 BlackRock Group LTD 104,725 94,724,000 0.98%
22 Mitsubishi UFJ Trust & Banking Corp 102,281 92,513,000 0.96%
23 CANADA LIFE ASSURANCE Co 100,934 91,656,000 0.95%
24 SPRUCEGROVE INVESTMENT MANAGEMENT LTD 101,066 91,414,000 0.95%
25 GEODE CAPITAL MANAGEMENT, LLC 100,526 90,896,000 0.94%
26 DF DENT & CO INC 99,578 90,068,000 0.94%
27 Bares Capital Management, Inc. 98,660 89,238,000 0.93%
28 RUSSELL INVESTMENTS GROUP, LTD. 90,995 82,221,000 0.85%
29 MADISON INVESTMENT HOLDINGS INC 89,888 81,304,000 0.84%
30 BECK MACK & OLIVER LLC 87,549 79,188,000 0.82%
31 FENIMORE ASSET MANAGEMENT INC 86,123 77,898,000 0.81%
32 NORTHERN TRUST CORP 84,614 76,534,000 0.79%
33 Sterling Capital Management LLC 82,799 74,892,000 0.78%
34 WELLS FARGO & COMPANY/MN 78,265 70,791,000 0.74%
35 BARR E S & CO 71,701 64,854,000 0.67%
36 BANK OF AMERICA CORP /DE/ 71,556 64,723,000 0.67%
37 Swiss National Bank 68,600 62,049,000 0.64%
38 Legal & General Group Plc 63,191 57,155,000 0.59%
39 Douglass Winthrop Advisors, LLC 59,541 53,855,000 0.56%
40 CONFLUENCE INVESTMENT MANAGEMENT LLC 56,800 51,376,000 0.53%
41 Bank of New York Mellon Corp 56,149 50,786,000 0.53%
42 DIMENSIONAL FUND ADVISORS LP 53,717 48,588,000 0.50%
43 GOLDMAN SACHS GROUP INC 51,120 46,237,000 0.48%
44 UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 46,437 42,002,000 0.44%
45 Sumitomo Mitsui Trust Group, Inc. 46,357 41,930,000 0.44%
46 JANUS HENDERSON INVESTORS US LLC 46,293 41,872,000 0.43%
47 MACKENZIE FINANCIAL CORP 45,513 41,167,000 0.43%
48 Epoch Investment Partners, Inc. 45,459 41,118,000 0.43%
49 THOMPSON SIEGEL & WALMSLEY LLC 45,219 40,901,000 0.42%
50 LORD, ABBETT & CO. LLC 42,683 38,607,000 0.40%
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From 2023-01-03 onward, the SEC requires values to be reported in nearest dollars. Earlier filings reported values in thousands; therefore, positions shown as $0 in older filings may represent actual values between $0–$999.