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.
顯示全部 130 個申報的 13(f) 部位；TradingPilot 只為其中 13 個與其整理過的公司庫相符的部位建立連結——並未使用需付費授權的 CUSIP↔代號對照資料庫。未對應的部位按申報原樣以純文字呈現。
投組配置（申報的 13F 股票）
僅含在美國掛牌的多方股票部位；不含選擇權。
- 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%
申報的 13F 股票市值——這不是報酬，也不是管理規模
僅含在美國掛牌的多方股票部位；申報有約 45 天的延遲。
| # | 代號 | 證券名稱（申報原文） | 佔 13F 比例 | 股數 | 申報均價 | 目前 | 金額 | 異動 |
|---|---|---|---|---|---|---|---|---|
| 1 | — | ALPHABET INC | 7.4% | 2,749,860 | $353.33 | — | $971.6M | 維持 +0% |
| 2 | — | BERKSHIRE HATHAWAY INC DEL | 6.4% | 1,114 | $748,850.00 | — | $834.2M | 維持 +0% |
| 3 | — | BERKSHIRE HATHAWAY INC DEL | 5.8% | 1,531,971 | $500.39 | — | $766.6M | 維持 +0% |
| 4 | DE | DEERE & CO | 4.2% | 877,900 | $634.33 | $660.00 +4.0% | $556.9M | 維持 +0% |
| 5 | — | BROOKFIELD CORP | 4.2% | 13,073,609 | $42.59 | — | $556.8M | 維持 +0% |
| 6 | AMZN | AMAZON COM INC | 3.7% | 2,030,760 | $238.34 | $243.79 +2.3% | $484.0M | 維持 +0% |
| 7 | — | ANALOG DEVICES INC | 3.0% | 999,671 | $397.17 | — | $397.0M | 減碼 −2% |
| 8 | — | GOLDMAN SACHS GROUP INC | 2.8% | 359,360 | $1,011.37 | — | $363.4M | 維持 +0% |
| 9 | AAPL | APPLE INC | 2.7% | 1,227,290 | $289.36 | $348.91 +20.6% | $355.1M | 維持 +0% |
| 10 | — | CATERPILLAR INC | 2.7% | 328,650 | $1,064.90 | — | $350.0M | 維持 +0% |
| 11 | V | VISA INC | 2.6% | 1,013,912 | $343.09 | $410.54 +19.7% | $347.9M | 加碼 +1% |
| 12 | — | HOME DEPOT INC | 2.5% | 922,500 | $352.68 | — | $325.3M | 加碼 +0% |
| 13 | — | WATSCO INC | 1.9% | 597,750 | $416.73 | — | $249.1M | 加碼 +3% |
| 14 | — | TEXAS INSTRS INC | 1.6% | 724,000 | $298.07 | — | $215.8M | 維持 +0% |
| 15 | — | BLACKROCK INC | 1.6% | 220,200 | $961.56 | — | $211.7M | 維持 +0% |
| 16 | GOOGL | ALPHABET INC | 1.6% | 572,000 | $357.37 | $283.82 -20.6% | $204.4M | 維持 +0% |
| 17 | MSFT | MICROSOFT CORP | 1.5% | 537,630 | $373.02 | $530.14 +42.1% | $200.5M | 維持 +0% |
| 18 | DIS | DISNEY WALT CO | 1.5% | 2,031,665 | $96.25 | $110.91 +15.2% | $195.5M | 維持 +0% |
| 19 | — | AMERICAN EXPRESS CO | 1.3% | 490,450 | $338.25 | — | $165.9M | 維持 +0% |
| 20 | — | LOWES COS INC | 1.3% | 751,980 | $220.49 | — | $165.8M | 加碼 +2% |
| 21 | — | PROGRESSIVE CORP | 1.3% | 753,750 | $218.45 | — | $164.7M | 維持 +0% |
| 22 | — | FRANCO NEV CORP | 1.2% | 773,500 | $208.44 | — | $161.2M | 加碼 +9% |
| 23 | — | LPL FINL HLDGS INC | 1.2% | 559,951 | $281.68 | — | $157.7M | 維持 +0% |
| 24 | — | JOHNSON & JOHNSON | 1.2% | 610,800 | $253.97 | — | $155.1M | 新建部位 |
| 25 | — | BLACKSTONE INC | 1.1% | 1,229,000 | $117.67 | — | $144.6M | 維持 +0% |
| 26 | — | RLI CORP | 1.1% | 2,394,544 | $59.07 | — | $141.4M | 維持 +0% |
| 27 | — | GENERAL DYNAMICS CORP | 1.1% | 391,000 | $354.24 | — | $138.5M | 新建部位 |
| 28 | — | NOVO-NORDISK A S | 1.0% | 2,869,774 | $47.94 | — | $137.6M | 新建部位 |
| 29 | — | KKR & CO INC | 1.0% | 1,451,800 | $91.78 | — | $133.2M | 維持 +0% |
| 30 | META | META PLATFORMS INC | 1.0% | 234,163 | $563.29 | $624.52 +10.9% | $131.9M | 減碼 −6% |
| 31 | — | SCHWAB CHARLES CORP | 1.0% | 1,394,800 | $92.27 | — | $128.7M | 加碼 +1% |
| 32 | — | MARSH & MCLENNAN COS INC | 1.0% | 763,500 | $166.67 | — | $127.3M | 維持 +0% |
| 33 | — | APOLLO GLOBAL MGMT INC | 0.9% | 1,012,500 | $118.31 | — | $119.8M | 維持 +0% |
| 34 | — | ARCHER DANIELS MIDLAND CO | 0.9% | 1,505,800 | $76.40 | — | $115.0M | 維持 +0% |
| 35 | — | LINDE PLC | 0.9% | 215,600 | $518.94 | — | $111.9M | 加碼 +5% |
| 36 | — | DIAGEO PLC | 0.8% | 1,372,208 | $80.38 | — | $110.3M | 維持 +0% |
| 37 | — | MASTERCARD INCORPORATED | 0.8% | 207,540 | $513.60 | — | $106.6M | 維持 +0% |
| 38 | — | DOLLAR GEN CORP | 0.8% | 869,250 | $115.11 | — | $100.1M | 維持 +0% |
| 39 | — | BROOKFIELD ASSET MANAGMT LTD | 0.7% | 2,193,953 | $44.85 | — | $98.4M | 維持 +0% |
| 40 | — | HEICO CORP NEW | 0.7% | 379,644 | $257.91 | — | $97.9M | 維持 +0% |
| 41 | — | MOODYS CORP | 0.7% | 213,890 | $452.92 | — | $96.9M | 維持 +0% |
| 42 | — | OLD DOMINION FREIGHT LINE IN | 0.7% | 429,150 | $216.60 | — | $93.0M | 維持 +0% |
| 43 | — | NORFOLK SOUTHN CORP | 0.7% | 282,500 | $314.59 | — | $88.9M | 維持 +0% |
| 44 | — | ILLINOIS TOOL WKS INC | 0.7% | 327,500 | $270.47 | — | $88.6M | 維持 +0% |
| 45 | JPM | JPMORGAN CHASE & CO | 0.6% | 252,550 | $327.33 | $343.58 +5.0% | $82.7M | 維持 +0% |
| 46 | — | NVR INC | 0.6% | 12,097 | $6,813.40 | — | $82.4M | 加碼 +0% |
| 47 | — | MSCI INC | 0.6% | 142,850 | $560.04 | — | $80.0M | 維持 +0% |
| 48 | — | ROCKWELL AUTOMATION INC | 0.6% | 154,900 | $495.08 | — | $76.7M | 維持 +0% |
| 49 | — | ECOLAB INC | 0.6% | 274,300 | $278.61 | — | $76.4M | 維持 +0% |
| 50 | — | SUNBELT RENTALS HOLDINGS INC | 0.6% | 974,361 | $74.81 | — | $72.9M | 加碼 +1% |
| 51 | — | STARBUCKS CORP | 0.5% | 623,818 | $102.19 | — | $63.7M | 維持 +0% |
| 52 | — | ROLLINS INC | 0.5% | 1,516,525 | $41.74 | — | $63.3M | 加碼 +1% |
| 53 | — | HANOVER INS GROUP INC | 0.5% | 281,000 | $214.12 | — | $60.2M | 維持 +0% |
| 54 | — | INVESTORS TITLE CO NC | 0.4% | 213,300 | $273.68 | — | $58.4M | 維持 +0% |
| 55 | — | CARLYLE GROUP INC | 0.4% | 1,327,000 | $42.11 | — | $55.9M | 維持 +0% |
| 56 | — | TYSON FOODS INC | 0.4% | 913,500 | $57.25 | — | $52.3M | 加碼 +3% |
| 57 | — | S&P GLOBAL INC | 0.4% | 117,690 | $407.26 | — | $47.9M | 維持 +0% |
| 58 | — | AON PLC | 0.3% | 135,800 | $331.69 | — | $45.0M | 維持 +0% |
| 59 | — | UNION PAC CORP | 0.3% | 161,028 | $272.00 | — | $43.8M | 加碼 +7% |
| 60 | — | FERGUSON ENTERPRISES INC | 0.3% | 180,200 | $237.33 | — | $42.8M | 加碼 +6% |
| 61 | — | RTX CORPORATION | 0.3% | 224,000 | $189.73 | — | $42.5M | 新建部位 |
| 62 | CSCO | CISCO SYS INC | 0.3% | 355,500 | $117.46 | $108.59 -7.6% | $41.8M | 維持 +0% |
| 63 | — | MERCADOLIBRE INC | 0.3% | 24,000 | $1,697.39 | — | $40.7M | 加碼 +340% |
| 64 | — | YUM BRANDS INC | 0.3% | 245,213 | $159.86 | — | $39.2M | 維持 +0% |
| 65 | — | MARRIOTT INTL INC NEW | 0.3% | 99,500 | $370.59 | — | $36.9M | 加碼 +6% |
| 66 | — | ALLSTATE CORP | 0.3% | 154,550 | $237.94 | — | $36.8M | 維持 +0% |
| 67 | — | THERMO FISHER SCIENTIFIC INC | 0.3% | 73,100 | $501.36 | — | $36.6M | 新建部位 |
| 68 | — | COSTCO WHOLESALE CORPORATION | 0.3% | 39,150 | $935.47 | — | $36.6M | 維持 +0% |
| 69 | — | HAGERTY INC | 0.3% | 3,108,000 | $11.55 | — | $35.9M | 維持 +0% |
| 70 | — | PRICE T ROWE GROUP INC | 0.3% | 314,000 | $113.69 | — | $35.7M | 維持 +0% |
| 71 | — | UNITED RENTALS INC | 0.3% | 31,150 | $1,132.89 | — | $35.3M | 維持 +0% |
| 72 | — | AIRBNB INC | 0.3% | 242,389 | $143.10 | — | $34.7M | 維持 +0% |
| 73 | — | LOCKHEED MARTIN CORP | 0.3% | 65,213 | $509.46 | — | $33.2M | 新建部位 |
| 74 | — | HCA HEALTHCARE INC | 0.3% | 84,366 | $389.89 | — | $32.9M | 新建部位 |
| 75 | — | SHERWIN WILLIAMS CO | 0.2% | 94,172 | $344.32 | — | $32.4M | 維持 +0% |
| 76 | — | FACTSET RESH SYS INC | 0.2% | 135,376 | $230.08 | — | $31.1M | 維持 +0% |
| 77 | — | LAMAR ADVERTISING CO | 0.2% | 193,000 | $155.98 | — | $30.1M | 維持 +0% |
| 78 | — | VERISK ANALYTICS INC | 0.2% | 155,950 | $179.53 | — | $28.0M | 維持 +0% |
| 79 | — | CSX CORP | 0.2% | 584,500 | $47.53 | — | $27.8M | 加碼 +10% |
| 80 | AMAT | APPLIED MATLS INC | 0.2% | 36,350 | $723.00 | $421.66 -41.7% | $26.3M | 維持 +0% |
| 81 | — | AIR PRODUCTS AND CHEMICALS I | 0.2% | 88,500 | $293.18 | — | $25.9M | 加碼 +17% |
| 82 | FIX | COMFORT SYS USA INC | 0.2% | 13,000 | $1,981.95 | $1,326.23 -33.1% | $25.8M | 維持 +0% |
| 83 | — | CROWN HLDGS INC | 0.2% | 220,000 | $111.82 | — | $24.6M | 維持 +0% |
| 84 | — | BROWN FORMAN CORP | 0.2% | 843,000 | $27.36 | — | $23.1M | 維持 +0% |
| 85 | — | RENAISSANCERE HLDGS LTD | 0.2% | 70,000 | $316.90 | — | $22.2M | 維持 +0% |
| 86 | — | ENTERPRISE PRODS PARTNERS L | 0.2% | 569,000 | $36.76 | — | $20.9M | 加碼 +182% |
| 87 | — | PHILIP MORRIS INTL INC | 0.2% | 114,500 | $180.91 | — | $20.7M | 維持 +0% |
| 88 | — | ACCENTURE PLC IRELAND | 0.2% | 159,400 | $124.44 | — | $19.8M | 維持 +0% |
| 89 | — | COMCAST CORP NEW | 0.1% | 802,074 | $24.55 | — | $19.7M | 減碼 −17% |
| 90 | — | HEXCEL CORP NEW | 0.1% | 189,000 | $100.06 | — | $18.9M | 新建部位 |
| 91 | — | NIKE INC | 0.1% | 447,400 | $41.05 | — | $18.4M | 維持 +0% |
| 92 | — | CAPITAL ONE FINL CORP | 0.1% | 91,000 | $200.62 | — | $18.3M | 維持 +0% |
| 93 | — | BANK NEW YORK MELLON CORP | 0.1% | 124,500 | $144.61 | — | $18.0M | 維持 +0% |
| 94 | — | CARRIER GLOBAL CORPORATION | 0.1% | 235,000 | $73.35 | — | $17.2M | 維持 +0% |
| 95 | — | WELLS FARGO & CO | 0.1% | 204,450 | $82.64 | — | $16.9M | 維持 +0% |
| 96 | — | SEI INVTS CO | 0.1% | 173,200 | $87.71 | — | $15.2M | 維持 +0% |
| 97 | — | PAYCHEX INC | 0.1% | 150,000 | $98.33 | — | $14.7M | 維持 +0% |
| 98 | — | HERSHEY CO | 0.1% | 75,000 | $175.45 | — | $13.2M | 維持 +0% |
| 99 | — | PEPSICO INC | 0.1% | 96,210 | $135.40 | — | $13.0M | 維持 +0% |
| 100 | — | BROWN FORMAN CORP | 0.1% | 474,187 | $26.65 | — | $12.6M | 維持 +0% |
| 101 | — | SPOTIFY TECHNOLOGY S A | 0.1% | 25,900 | $459.13 | — | $11.9M | 維持 +0% |
| 102 | — | SHOPIFY INC | 0.1% | 102,750 | $114.18 | — | $11.7M | 維持 +0% |
| 103 | — | EQUIFAX INC | 0.1% | 72,850 | $158.72 | — | $11.6M | 維持 +0% |
| 104 | — | CME GROUP INC | 0.1% | 49,750 | $220.83 | — | $11.0M | 維持 +0% |
| 105 | — | CBOE GLOBAL MKTS INC | 0.1% | 43,700 | $242.67 | — | $10.6M | 維持 +0% |
| 106 | — | UBER TECHNOLOGIES INC | 0.1% | 142,500 | $72.16 | — | $10.3M | 維持 +0% |
| 107 | — | OTIS WORLDWIDE CORP | 0.1% | 133,620 | $71.60 | — | $9.6M | 加碼 +17% |
| 108 | — | IQVIA HLDGS INC | 0.1% | 46,900 | $193.22 | — | $9.1M | 新建部位 |
| 109 | — | HUNTINGTON INGALLS INDS INC | 0.1% | 27,500 | $279.89 | — | $7.7M | 新建部位 |
| 110 | — | EXXON MOBIL CORP | 0.1% | 56,100 | $136.72 | — | $7.7M | 加碼 +19% |
| 111 | — | INSPERITY INC | 0.1% | 181,336 | $41.31 | — | $7.5M | 維持 +0% |
| 112 | — | CARMAX INC | 0.1% | 136,500 | $52.89 | — | $7.2M | 維持 +0% |
| 113 | — | SONY GROUP CORP | 0.1% | 335,000 | $20.06 | — | $6.7M | 維持 +0% |
| 114 | — | CANADIAN NATL RY CO | 0.0% | 53,500 | $119.24 | — | $6.4M | 維持 +0% |
| 115 | — | CANADIAN PACIFIC KANSAS CITY | 0.0% | 73,000 | $86.65 | — | $6.3M | 加碼 +23% |
| 116 | — | GRAHAM HLDGS CO | 0.0% | 5,200 | $1,141.42 | — | $5.9M | 維持 +0% |
| 117 | — | EASTMAN CHEM CO | 0.0% | 74,950 | $66.98 | — | $5.0M | 維持 +0% |
| 118 | — | ZOETIS INC | 0.0% | 66,195 | $71.86 | — | $4.8M | 新建部位 |
| 119 | — | BRUNSWICK CORP | 0.0% | 51,250 | $84.24 | — | $4.3M | 維持 +0% |
| 120 | — | BERKLEY W R CORP | 0.0% | 60,750 | $70.53 | — | $4.3M | 維持 +0% |
| 121 | — | MGM RESORTS INTERNATIONAL | 0.0% | 87,500 | $47.81 | — | $4.2M | 維持 +0% |
| 122 | — | ACUITY INC | 0.0% | 9,750 | $376.66 | — | $3.7M | 維持 +0% |
| 123 | — | INTERCONTINENTAL EXCHANGE IN | 0.0% | 28,870 | $123.11 | — | $3.6M | 維持 +0% |
| 124 | — | EAGLE MATLS INC | 0.0% | 14,750 | $225.00 | — | $3.3M | 維持 +0% |
| 125 | — | WEYERHAEUSER CO | 0.0% | 120,000 | $23.94 | — | $2.9M | 加碼 +586% |
| 126 | NFLX | NETFLIX INC. | 0.0% | 40,000 | $71.40 | $62.05 -13.1% | $2.9M | 新建部位 |
| 127 | — | SYSCO CORP | 0.0% | 30,500 | $83.58 | — | $2.5M | 維持 +0% |
| 128 | — | DOMINOS PIZZA INC | 0.0% | 5,500 | $296.04 | — | $1.6M | 維持 +0% |
| 129 | — | BROWN & BROWN INC | 0.0% | 14,000 | $64.15 | — | $898100 | 維持 +0% |
| 130 | — | UFP INDUSTRIES INC | 0.0% | 4,000 | $90.74 | — | $362960 | 新建部位 |
| — | — | SCOTTS MIRACLE-GRO CO | — | 0 | — | — | $0 | 已出清 −100% |
申報均價 = 季末的金額 ÷ 股數——這是一個平均值，並非經理人的買進或賣出價。
「目前」顯示的是自申報季末以來該股票的價格變動（僅限已對應的名字）——這是股票本身的漲跌，不是經理人的已實現報酬（我們並不知道他們的成本，也不知道他們是否仍持有）。
TradingPilot 對其申報 13F 股票投組的分析
截至 2026Q2，Tom Gayner 申報的 13F 投組持有 130 個股票部位；其中最大的 5 個佔其 28%。
- ALPHABET INC — 佔 13F 的 7.4%
- BERKSHIRE HATHAWAY INC DEL — 佔 13F 的 6.4%
- BERKSHIRE HATHAWAY INC DEL — 佔 13F 的 5.8%
- DEERE & CO (DE) — 佔 13F 的 4.2%
- BROOKFIELD CORP — 佔 13F 的 4.2%
本季：新建 13 個，加碼 22 個，減碼 3 個，出清 1 個。
股數變動最大的：
- ENTERPRISE PRODS PARTNERS L — 加碼 (+367,000 股)
- SCOTTS MIRACLE-GRO CO — 已出清 (−168,000 股)
- COMCAST CORP NEW — 減碼 (−159,806 股)
- WEYERHAEUSER CO — 加碼 (+102,500 股)
- FRANCO NEV CORP — 加碼 (+65,000 股)