Tom Gayner
Markel Group · Insurance-float equity compounding Invests the equity portfolio of an insurance holding company, buying profitable, reasonably valued businesses run by talented, honest managers with reinvestment runways, and holding for the long term.
显示全部 130 个申报的 13(f) 持仓；TradingPilot 只为其中 13 个与其整理过的公司库匹配的持仓建立链接——并未使用需付费授权的 CUSIP↔代码对照库。未匹配的持仓按申报原样以纯文本呈现。
组合配置（申报的 13F 股票）
仅含在美国上市的多头股票持仓；不含期权。
- ALPHABET INC7.4%
- BERKSHIRE HATHAWAY INC DEL6.4%
- BERKSHIRE HATHAWAY INC DEL5.8%
- DE4.2%
- BROOKFIELD CORP4.2%
- AMZN3.7%
- ANALOG DEVICES INC3.0%
- GOLDMAN SACHS GROUP INC2.8%
- AAPL2.7%
- CATERPILLAR INC2.7%
- Others57.1%
申报的 13F 股票市值——这不是回报，也不是管理规模
仅含在美国上市的多头股票持仓；申报有约 45 天的延迟。
| # | 代码 | 证券名称（申报原文） | 占 13F 比例 | 股数 | 申报均价 | 当前 | 金额 | 变动 |
|---|---|---|---|---|---|---|---|---|
| 1 | — | ALPHABET INC | 7.4% | 2,749,860 | $353.33 | — | $971.6M | 维持 +0% |
| 2 | — | BERKSHIRE HATHAWAY INC DEL | 6.4% | 1,114 | $748,850.00 | — | $834.2M | 维持 +0% |
| 3 | — | BERKSHIRE HATHAWAY INC DEL | 5.8% | 1,531,971 | $500.39 | — | $766.6M | 维持 +0% |
| 4 | DE | DEERE & CO | 4.2% | 877,900 | $634.33 | $660.00 +4.0% | $556.9M | 维持 +0% |
| 5 | — | BROOKFIELD CORP | 4.2% | 13,073,609 | $42.59 | — | $556.8M | 维持 +0% |
| 6 | AMZN | AMAZON COM INC | 3.7% | 2,030,760 | $238.34 | $243.79 +2.3% | $484.0M | 维持 +0% |
| 7 | — | ANALOG DEVICES INC | 3.0% | 999,671 | $397.17 | — | $397.0M | 减仓 −2% |
| 8 | — | GOLDMAN SACHS GROUP INC | 2.8% | 359,360 | $1,011.37 | — | $363.4M | 维持 +0% |
| 9 | AAPL | APPLE INC | 2.7% | 1,227,290 | $289.36 | $348.91 +20.6% | $355.1M | 维持 +0% |
| 10 | — | CATERPILLAR INC | 2.7% | 328,650 | $1,064.90 | — | $350.0M | 维持 +0% |
| 11 | V | VISA INC | 2.6% | 1,013,912 | $343.09 | $410.54 +19.7% | $347.9M | 加仓 +1% |
| 12 | — | HOME DEPOT INC | 2.5% | 922,500 | $352.68 | — | $325.3M | 加仓 +0% |
| 13 | — | WATSCO INC | 1.9% | 597,750 | $416.73 | — | $249.1M | 加仓 +3% |
| 14 | — | TEXAS INSTRS INC | 1.6% | 724,000 | $298.07 | — | $215.8M | 维持 +0% |
| 15 | — | BLACKROCK INC | 1.6% | 220,200 | $961.56 | — | $211.7M | 维持 +0% |
| 16 | GOOGL | ALPHABET INC | 1.6% | 572,000 | $357.37 | $283.82 -20.6% | $204.4M | 维持 +0% |
| 17 | MSFT | MICROSOFT CORP | 1.5% | 537,630 | $373.02 | $530.14 +42.1% | $200.5M | 维持 +0% |
| 18 | DIS | DISNEY WALT CO | 1.5% | 2,031,665 | $96.25 | $110.91 +15.2% | $195.5M | 维持 +0% |
| 19 | — | AMERICAN EXPRESS CO | 1.3% | 490,450 | $338.25 | — | $165.9M | 维持 +0% |
| 20 | — | LOWES COS INC | 1.3% | 751,980 | $220.49 | — | $165.8M | 加仓 +2% |
| 21 | — | PROGRESSIVE CORP | 1.3% | 753,750 | $218.45 | — | $164.7M | 维持 +0% |
| 22 | — | FRANCO NEV CORP | 1.2% | 773,500 | $208.44 | — | $161.2M | 加仓 +9% |
| 23 | — | LPL FINL HLDGS INC | 1.2% | 559,951 | $281.68 | — | $157.7M | 维持 +0% |
| 24 | — | JOHNSON & JOHNSON | 1.2% | 610,800 | $253.97 | — | $155.1M | 新建仓 |
| 25 | — | BLACKSTONE INC | 1.1% | 1,229,000 | $117.67 | — | $144.6M | 维持 +0% |
| 26 | — | RLI CORP | 1.1% | 2,394,544 | $59.07 | — | $141.4M | 维持 +0% |
| 27 | — | GENERAL DYNAMICS CORP | 1.1% | 391,000 | $354.24 | — | $138.5M | 新建仓 |
| 28 | — | NOVO-NORDISK A S | 1.0% | 2,869,774 | $47.94 | — | $137.6M | 新建仓 |
| 29 | — | KKR & CO INC | 1.0% | 1,451,800 | $91.78 | — | $133.2M | 维持 +0% |
| 30 | META | META PLATFORMS INC | 1.0% | 234,163 | $563.29 | $624.52 +10.9% | $131.9M | 减仓 −6% |
| 31 | — | SCHWAB CHARLES CORP | 1.0% | 1,394,800 | $92.27 | — | $128.7M | 加仓 +1% |
| 32 | — | MARSH & MCLENNAN COS INC | 1.0% | 763,500 | $166.67 | — | $127.3M | 维持 +0% |
| 33 | — | APOLLO GLOBAL MGMT INC | 0.9% | 1,012,500 | $118.31 | — | $119.8M | 维持 +0% |
| 34 | — | ARCHER DANIELS MIDLAND CO | 0.9% | 1,505,800 | $76.40 | — | $115.0M | 维持 +0% |
| 35 | — | LINDE PLC | 0.9% | 215,600 | $518.94 | — | $111.9M | 加仓 +5% |
| 36 | — | DIAGEO PLC | 0.8% | 1,372,208 | $80.38 | — | $110.3M | 维持 +0% |
| 37 | — | MASTERCARD INCORPORATED | 0.8% | 207,540 | $513.60 | — | $106.6M | 维持 +0% |
| 38 | — | DOLLAR GEN CORP | 0.8% | 869,250 | $115.11 | — | $100.1M | 维持 +0% |
| 39 | — | BROOKFIELD ASSET MANAGMT LTD | 0.7% | 2,193,953 | $44.85 | — | $98.4M | 维持 +0% |
| 40 | — | HEICO CORP NEW | 0.7% | 379,644 | $257.91 | — | $97.9M | 维持 +0% |
| 41 | — | MOODYS CORP | 0.7% | 213,890 | $452.92 | — | $96.9M | 维持 +0% |
| 42 | — | OLD DOMINION FREIGHT LINE IN | 0.7% | 429,150 | $216.60 | — | $93.0M | 维持 +0% |
| 43 | — | NORFOLK SOUTHN CORP | 0.7% | 282,500 | $314.59 | — | $88.9M | 维持 +0% |
| 44 | — | ILLINOIS TOOL WKS INC | 0.7% | 327,500 | $270.47 | — | $88.6M | 维持 +0% |
| 45 | JPM | JPMORGAN CHASE & CO | 0.6% | 252,550 | $327.33 | $343.58 +5.0% | $82.7M | 维持 +0% |
| 46 | — | NVR INC | 0.6% | 12,097 | $6,813.40 | — | $82.4M | 加仓 +0% |
| 47 | — | MSCI INC | 0.6% | 142,850 | $560.04 | — | $80.0M | 维持 +0% |
| 48 | — | ROCKWELL AUTOMATION INC | 0.6% | 154,900 | $495.08 | — | $76.7M | 维持 +0% |
| 49 | — | ECOLAB INC | 0.6% | 274,300 | $278.61 | — | $76.4M | 维持 +0% |
| 50 | — | SUNBELT RENTALS HOLDINGS INC | 0.6% | 974,361 | $74.81 | — | $72.9M | 加仓 +1% |
| 51 | — | STARBUCKS CORP | 0.5% | 623,818 | $102.19 | — | $63.7M | 维持 +0% |
| 52 | — | ROLLINS INC | 0.5% | 1,516,525 | $41.74 | — | $63.3M | 加仓 +1% |
| 53 | — | HANOVER INS GROUP INC | 0.5% | 281,000 | $214.12 | — | $60.2M | 维持 +0% |
| 54 | — | INVESTORS TITLE CO NC | 0.4% | 213,300 | $273.68 | — | $58.4M | 维持 +0% |
| 55 | — | CARLYLE GROUP INC | 0.4% | 1,327,000 | $42.11 | — | $55.9M | 维持 +0% |
| 56 | — | TYSON FOODS INC | 0.4% | 913,500 | $57.25 | — | $52.3M | 加仓 +3% |
| 57 | — | S&P GLOBAL INC | 0.4% | 117,690 | $407.26 | — | $47.9M | 维持 +0% |
| 58 | — | AON PLC | 0.3% | 135,800 | $331.69 | — | $45.0M | 维持 +0% |
| 59 | — | UNION PAC CORP | 0.3% | 161,028 | $272.00 | — | $43.8M | 加仓 +7% |
| 60 | — | FERGUSON ENTERPRISES INC | 0.3% | 180,200 | $237.33 | — | $42.8M | 加仓 +6% |
| 61 | — | RTX CORPORATION | 0.3% | 224,000 | $189.73 | — | $42.5M | 新建仓 |
| 62 | CSCO | CISCO SYS INC | 0.3% | 355,500 | $117.46 | $108.59 -7.6% | $41.8M | 维持 +0% |
| 63 | — | MERCADOLIBRE INC | 0.3% | 24,000 | $1,697.39 | — | $40.7M | 加仓 +340% |
| 64 | — | YUM BRANDS INC | 0.3% | 245,213 | $159.86 | — | $39.2M | 维持 +0% |
| 65 | — | MARRIOTT INTL INC NEW | 0.3% | 99,500 | $370.59 | — | $36.9M | 加仓 +6% |
| 66 | — | ALLSTATE CORP | 0.3% | 154,550 | $237.94 | — | $36.8M | 维持 +0% |
| 67 | — | THERMO FISHER SCIENTIFIC INC | 0.3% | 73,100 | $501.36 | — | $36.6M | 新建仓 |
| 68 | — | COSTCO WHOLESALE CORPORATION | 0.3% | 39,150 | $935.47 | — | $36.6M | 维持 +0% |
| 69 | — | HAGERTY INC | 0.3% | 3,108,000 | $11.55 | — | $35.9M | 维持 +0% |
| 70 | — | PRICE T ROWE GROUP INC | 0.3% | 314,000 | $113.69 | — | $35.7M | 维持 +0% |
| 71 | — | UNITED RENTALS INC | 0.3% | 31,150 | $1,132.89 | — | $35.3M | 维持 +0% |
| 72 | — | AIRBNB INC | 0.3% | 242,389 | $143.10 | — | $34.7M | 维持 +0% |
| 73 | — | LOCKHEED MARTIN CORP | 0.3% | 65,213 | $509.46 | — | $33.2M | 新建仓 |
| 74 | — | HCA HEALTHCARE INC | 0.3% | 84,366 | $389.89 | — | $32.9M | 新建仓 |
| 75 | — | SHERWIN WILLIAMS CO | 0.2% | 94,172 | $344.32 | — | $32.4M | 维持 +0% |
| 76 | — | FACTSET RESH SYS INC | 0.2% | 135,376 | $230.08 | — | $31.1M | 维持 +0% |
| 77 | — | LAMAR ADVERTISING CO | 0.2% | 193,000 | $155.98 | — | $30.1M | 维持 +0% |
| 78 | — | VERISK ANALYTICS INC | 0.2% | 155,950 | $179.53 | — | $28.0M | 维持 +0% |
| 79 | — | CSX CORP | 0.2% | 584,500 | $47.53 | — | $27.8M | 加仓 +10% |
| 80 | AMAT | APPLIED MATLS INC | 0.2% | 36,350 | $723.00 | $421.66 -41.7% | $26.3M | 维持 +0% |
| 81 | — | AIR PRODUCTS AND CHEMICALS I | 0.2% | 88,500 | $293.18 | — | $25.9M | 加仓 +17% |
| 82 | FIX | COMFORT SYS USA INC | 0.2% | 13,000 | $1,981.95 | $1,326.23 -33.1% | $25.8M | 维持 +0% |
| 83 | — | CROWN HLDGS INC | 0.2% | 220,000 | $111.82 | — | $24.6M | 维持 +0% |
| 84 | — | BROWN FORMAN CORP | 0.2% | 843,000 | $27.36 | — | $23.1M | 维持 +0% |
| 85 | — | RENAISSANCERE HLDGS LTD | 0.2% | 70,000 | $316.90 | — | $22.2M | 维持 +0% |
| 86 | — | ENTERPRISE PRODS PARTNERS L | 0.2% | 569,000 | $36.76 | — | $20.9M | 加仓 +182% |
| 87 | — | PHILIP MORRIS INTL INC | 0.2% | 114,500 | $180.91 | — | $20.7M | 维持 +0% |
| 88 | — | ACCENTURE PLC IRELAND | 0.2% | 159,400 | $124.44 | — | $19.8M | 维持 +0% |
| 89 | — | COMCAST CORP NEW | 0.1% | 802,074 | $24.55 | — | $19.7M | 减仓 −17% |
| 90 | — | HEXCEL CORP NEW | 0.1% | 189,000 | $100.06 | — | $18.9M | 新建仓 |
| 91 | — | NIKE INC | 0.1% | 447,400 | $41.05 | — | $18.4M | 维持 +0% |
| 92 | — | CAPITAL ONE FINL CORP | 0.1% | 91,000 | $200.62 | — | $18.3M | 维持 +0% |
| 93 | — | BANK NEW YORK MELLON CORP | 0.1% | 124,500 | $144.61 | — | $18.0M | 维持 +0% |
| 94 | — | CARRIER GLOBAL CORPORATION | 0.1% | 235,000 | $73.35 | — | $17.2M | 维持 +0% |
| 95 | — | WELLS FARGO & CO | 0.1% | 204,450 | $82.64 | — | $16.9M | 维持 +0% |
| 96 | — | SEI INVTS CO | 0.1% | 173,200 | $87.71 | — | $15.2M | 维持 +0% |
| 97 | — | PAYCHEX INC | 0.1% | 150,000 | $98.33 | — | $14.7M | 维持 +0% |
| 98 | — | HERSHEY CO | 0.1% | 75,000 | $175.45 | — | $13.2M | 维持 +0% |
| 99 | — | PEPSICO INC | 0.1% | 96,210 | $135.40 | — | $13.0M | 维持 +0% |
| 100 | — | BROWN FORMAN CORP | 0.1% | 474,187 | $26.65 | — | $12.6M | 维持 +0% |
| 101 | — | SPOTIFY TECHNOLOGY S A | 0.1% | 25,900 | $459.13 | — | $11.9M | 维持 +0% |
| 102 | — | SHOPIFY INC | 0.1% | 102,750 | $114.18 | — | $11.7M | 维持 +0% |
| 103 | — | EQUIFAX INC | 0.1% | 72,850 | $158.72 | — | $11.6M | 维持 +0% |
| 104 | — | CME GROUP INC | 0.1% | 49,750 | $220.83 | — | $11.0M | 维持 +0% |
| 105 | — | CBOE GLOBAL MKTS INC | 0.1% | 43,700 | $242.67 | — | $10.6M | 维持 +0% |
| 106 | — | UBER TECHNOLOGIES INC | 0.1% | 142,500 | $72.16 | — | $10.3M | 维持 +0% |
| 107 | — | OTIS WORLDWIDE CORP | 0.1% | 133,620 | $71.60 | — | $9.6M | 加仓 +17% |
| 108 | — | IQVIA HLDGS INC | 0.1% | 46,900 | $193.22 | — | $9.1M | 新建仓 |
| 109 | — | HUNTINGTON INGALLS INDS INC | 0.1% | 27,500 | $279.89 | — | $7.7M | 新建仓 |
| 110 | — | EXXON MOBIL CORP | 0.1% | 56,100 | $136.72 | — | $7.7M | 加仓 +19% |
| 111 | — | INSPERITY INC | 0.1% | 181,336 | $41.31 | — | $7.5M | 维持 +0% |
| 112 | — | CARMAX INC | 0.1% | 136,500 | $52.89 | — | $7.2M | 维持 +0% |
| 113 | — | SONY GROUP CORP | 0.1% | 335,000 | $20.06 | — | $6.7M | 维持 +0% |
| 114 | — | CANADIAN NATL RY CO | 0.0% | 53,500 | $119.24 | — | $6.4M | 维持 +0% |
| 115 | — | CANADIAN PACIFIC KANSAS CITY | 0.0% | 73,000 | $86.65 | — | $6.3M | 加仓 +23% |
| 116 | — | GRAHAM HLDGS CO | 0.0% | 5,200 | $1,141.42 | — | $5.9M | 维持 +0% |
| 117 | — | EASTMAN CHEM CO | 0.0% | 74,950 | $66.98 | — | $5.0M | 维持 +0% |
| 118 | — | ZOETIS INC | 0.0% | 66,195 | $71.86 | — | $4.8M | 新建仓 |
| 119 | — | BRUNSWICK CORP | 0.0% | 51,250 | $84.24 | — | $4.3M | 维持 +0% |
| 120 | — | BERKLEY W R CORP | 0.0% | 60,750 | $70.53 | — | $4.3M | 维持 +0% |
| 121 | — | MGM RESORTS INTERNATIONAL | 0.0% | 87,500 | $47.81 | — | $4.2M | 维持 +0% |
| 122 | — | ACUITY INC | 0.0% | 9,750 | $376.66 | — | $3.7M | 维持 +0% |
| 123 | — | INTERCONTINENTAL EXCHANGE IN | 0.0% | 28,870 | $123.11 | — | $3.6M | 维持 +0% |
| 124 | — | EAGLE MATLS INC | 0.0% | 14,750 | $225.00 | — | $3.3M | 维持 +0% |
| 125 | — | WEYERHAEUSER CO | 0.0% | 120,000 | $23.94 | — | $2.9M | 加仓 +586% |
| 126 | NFLX | NETFLIX INC. | 0.0% | 40,000 | $71.40 | $62.05 -13.1% | $2.9M | 新建仓 |
| 127 | — | SYSCO CORP | 0.0% | 30,500 | $83.58 | — | $2.5M | 维持 +0% |
| 128 | — | DOMINOS PIZZA INC | 0.0% | 5,500 | $296.04 | — | $1.6M | 维持 +0% |
| 129 | — | BROWN & BROWN INC | 0.0% | 14,000 | $64.15 | — | $898100 | 维持 +0% |
| 130 | — | UFP INDUSTRIES INC | 0.0% | 4,000 | $90.74 | — | $362960 | 新建仓 |
| — | — | SCOTTS MIRACLE-GRO CO | — | 0 | — | — | $0 | 已清仓 −100% |
申报均价 = 季末的金额 ÷ 股数——这是一个平均值，并非管理人的买入或卖出价。
“当前”显示的是自申报季末以来该股票的价格变动（仅限已匹配的名字）——这是股票本身的涨跌，不是管理人的已实现收益（我们并不知道他们的成本，也不知道他们是否仍持有）。
TradingPilot 对其申报 13F 股票组合的分析
截至 2026Q2，Tom Gayner 申报的 13F 组合持有 130 个股票持仓；其中最大的 5 个占其 28%。
- ALPHABET INC — 占 13F 的 7.4%
- BERKSHIRE HATHAWAY INC DEL — 占 13F 的 6.4%
- BERKSHIRE HATHAWAY INC DEL — 占 13F 的 5.8%
- DEERE & CO (DE) — 占 13F 的 4.2%
- BROOKFIELD CORP — 占 13F 的 4.2%
本季度：新建 13 个，加仓 22 个，减仓 3 个，清仓 1 个。
股数变动最大的：
- ENTERPRISE PRODS PARTNERS L — 加仓 (+367,000 股)
- SCOTTS MIRACLE-GRO CO — 已清仓 (−168,000 股)
- COMCAST CORP NEW — 减仓 (−159,806 股)
- WEYERHAEUSER CO — 加仓 (+102,500 股)
- FRANCO NEV CORP — 加仓 (+65,000 股)