Copy Invest | Sonar Terminal

Thomas Gayner - Markel Group

454 trades · 325 closed · 129 open · Win rate: 63.7% · Avg return: +87.6% · Median return: +16.8%

⚠ 1 of these positions have a value-scale error in the underlying SEC filing (an entry or exit price ≥25× off the rest of the holding), so their return is unreliable. They are marked data error below and excluded from the stats above, but their quarter-by-quarter filing history is still attached — open History on any row to see it exactly as filed.

Stock	Entry Quarter	Entry Price	Exit Quarter	Exit / Current Price	Return	Status	Filings
TROW - T. Rowe Price Group, Inc.	Q4 2007	$60.88	Open	$116.07	+90.65%	Open	History

BBU - Brookfield Business Partners	Q2 2016	$19.09	Q1 2018	$36.02	+88.69%	Closed	History

ILMN - Illumina, Inc.	Q4 2017	$212.06	Q3 2021	$394.46	+86.01%	Closed	History

SHOP - Shopify Inc.	Q1 2022	$67.60	Open	$125.68	+85.92%	Open	History

LYV - Live Nation Entertainment, Inc.	Q4 2015	$24.56	Q1 2020	$45.46	+85.10%	Closed	History

LBRDK - Liberty Broadband Corp.	Q4 2014	$46.65	Q3 2023	$85.51	+83.30%	Closed	History

FRFHF - Fairfax Financial Holdings Ltd.	Q4 2007	$286.13	Q4 2014	$524.00	+83.13%	Closed	History

BF.B - Brown-Forman CL B	Q4 2008	$13.73	Open	$25.10	+82.80%	Open	History

LBRDA - Liberty Broadband Corp.	Q4 2014	$46.94	Q3 2023	$85.20	+81.49%	Closed	History

ELV - Elevance Health, Inc.	Q4 2014	$125.67	Q1 2020	$227.04	+80.66%	Closed	History

VAC - Marriott Vacations Worldwide	Q4 2011	$17.16	Q2 2012	$30.98	+80.54%	Closed	History

EFX - Equifax Inc.	Q4 2018	$93.20	Open	$166.93	+79.11%	Open	History

ROST - Ross Stores, Inc.	Q2 2013	$32.42	Q1 2016	$57.89	+78.59%	Closed	History

ODFL - Old Dominion Freight Line, Inc.	Q2 2022	$128.13	Open	$228.61	+78.43%	Open	History

PEP - PepsiCo, Inc.	Q4 2007	$75.91	Open	$135.45	+78.43%	Open	History

KO - The Coca-Cola Co.	Q2 2009	$24.00	Q3 2014	$42.66	+77.75%	Closed	History

LEN.B - Lennar CL B	Q3 2019	$42.18	Q3 2021	$73.78	+74.94%	Closed	History

IBM - International Business Machines Corp.	Q4 2007	$103.36	Q4 2013	$179.31	+73.49%	Closed	History

SHAK - Shake Shack Inc.	Q1 2018	$41.64	Q4 2021	$72.16	+73.29%	Closed	History

MCD - McDonald's Corp.	Q2 2009	$57.51	Q3 2015	$98.53	+71.33%	Closed	History

FNV - Franco-Nevada Corp.	Q2 2024	$118.52	Open	$202.95	+71.24%	Open	History

MSFT - Microsoft Corp.	Q2 2009	$23.77	Q1 2015	$40.65	+71.01%	Closed	History

ITC - ITC Holdings Corp	Q3 2009	$45.44	Q1 2012	$76.94	+69.32%	Closed	History

NFLX - Netflix, Inc.	Q2 2022	$17.49	Q4 2022	$29.49	+68.62%	Closed	History

POOL - Pool Corp.	Q3 2009	$22.23	Q1 2012	$37.42	+68.33%	Closed	History

RTX - RTX Corp.	Q4 2024	$115.72	Open	$193.39	+67.12%	Open	History

UBER - Uber Technologies, Inc.	Q2 2023	$43.17	Open	$72.08	+66.97%	Open	History

BAM - Brookfield Asset Management Ltd.	Q4 2022	$28.67	Open	$47.52	+65.75%	Open	History

TRUP - Trupanion, Inc.	Q2 2019	$36.12	Q3 2022	$59.41	+64.48%	Closed	History

BDX - Becton, Dickinson and Co.	Q3 2015	$101.82	Q1 2018	$166.18	+63.22%	Closed	History

RTX - RTX Corp.	Q2 2020	$61.62	Q2 2024	$100.39	+62.92%	Closed	History

F1E - Fidelity National Financial	Q4 2007	$14.61	Q2 2013	$23.78	+62.77%	Closed	History

GWRE - Guidewire Software, Inc.	Q1 2020	$79.31	Q4 2020	$128.69	+62.26%	Closed	History

APD - Air Products and Chemicals, Inc.	Q1 2010	$68.36	Q1 2014	$110.12	+61.08%	Closed	History

EPD - Enterprise Products Partners L.P.	Q4 2010	$20.81	Q4 2013	$33.18	+59.46%	Closed	History

ABT - Abbott Laboratories	Q2 2009	$17.11	Q4 2011	$26.98	+57.64%	Closed	History

PX - Praxair Inc.	Q4 2015	$102.43	Q3 2018	$160.73	+56.92%	Closed	History

BATRK - Atlanta Braves Holdings, Inc.	Q2 2016	$14.66	Q1 2018	$22.82	+55.66%	Closed	History

WAG - Walgreen	Q4 2007	$38.08	Q3 2014	$59.27	+55.65%	Closed	History

LEN.B - Lennar CL B	Q4 2011	$14.52	Q2 2012	$22.39	+54.24%	Closed	History

CPRT - Copart, Inc.	Q3 2013	$3.98	Q2 2016	$6.13	+54.12%	Closed	History

WFC - Wells Fargo & Co.	Q2 2018	$55.42	Open	$85.29	+53.90%	Open	History

HCCI - Heritage Crystal Clean Inc	Q3 2009	$12.76	Q2 2014	$19.63	+53.84%	Closed	History

CSX - CSX Corp.	Q2 2025	$32.63	Open	$49.92	+52.99%	Open	History

REGN - Regeneron Pharmaceuticals, Inc.	Q1 2021	$473.14	Q4 2022	$721.49	+52.49%	Closed	History

STRZA - Starz Liberty Capital	Q1 2013	$22.17	Q4 2015	$33.50	+51.11%	Closed	History

TRU - TransUnion	Q4 2018	$56.75	Q4 2025	$85.75	+51.10%	Closed	History

BATRA - Atlanta Braves Holdings, Inc.	Q2 2016	$15.05	Q1 2018	$22.72	+50.96%	Closed	History

OKE - ONEOK, Inc.	Q2 2013	$36.17	Q4 2013	$54.46	+50.57%	Closed	History

AMZN - Amazon.com, Inc.	Q1 2013	$13.33	Q4 2013	$19.94	+49.59%	Closed	History

PYPL - PayPal Holdings, Inc.	Q2 2020	$174.32	Q3 2021	$260.11	+49.21%	Closed	History

LPLA - LPL Financial Holdings Inc.	Q4 2022	$216.17	Open	$321.35	+48.66%	Open	History

HII - Huntington Ingalls Industries, Inc.	Q4 2024	$188.97	Open	$280.00	+48.17%	Open	History

HCA - HCA Healthcare, Inc.	Q3 2023	$245.98	Open	$363.60	+47.82%	Open	History

ACNT - Synalloy Corporation	Q2 2013	$15.53	Q3 2018	$22.85	+47.13%	Closed	History

LIN - Linde plc	Q1 2023	$355.44	Open	$522.54	+47.01%	Open	History

INTU - Intuit Inc.	Q3 2021	$539.71	Q2 2025	$787.63	+45.94%	Closed	History

AG31 - Apollo Global Management - A	Q2 2020	$49.92	Q4 2021	$72.43	+45.09%	Closed	History

EMN - Eastman Chemical Co.	Q1 2020	$46.50	Open	$67.23	+44.58%	Open	History

MAR - Marriott International, Inc.	Q1 2024	$252.31	Open	$363.19	+43.95%	Open	History

LM09 - Liberty Media Group C	Q2 2016	$18.97	Q1 2020	$27.23	+43.54%	Closed	History

THG - The Hanover Insurance Group, Inc.	Q1 2022	$149.51	Open	$214.16	+43.24%	Open	History

FERG - Ferguson Enterprises Inc.	Q3 2023	$164.47	Open	$234.68	+42.69%	Open	History

MTCH - Match Group, Inc.	Q3 2020	$110.64	Q3 2021	$157.02	+41.92%	Closed	History

MOO - Monsanto Co	Q2 2012	$82.80	Q4 2017	$116.78	+41.04%	Closed	History

BRO - Brown & Brown, Inc.	Q4 2007	$11.75	Q4 2014	$16.46	+40.04%	Closed	History

LLTC - Linear Technology Corp	Q1 2016	$44.56	Q4 2016	$62.35	+39.92%	Closed	History

COL - Rockwell Collins Inc	Q1 2017	$97.13	Q4 2017	$135.62	+39.63%	Closed	History

LMT - Lockheed Martin Corp.	Q1 2021	$369.68	Open	$514.99	+39.31%	Open	History

PCLN - Priceline Group Inc	Q2 2016	$1,250.00	Q4 2017	$1,740.00	+39.20%	Closed	History

41IS - Unilever PLC ADR	Q4 2013	$41.20	Q4 2019	$57.17	+38.76%	Closed	History

CSX - CSX Corp.	Q4 2015	$8.65	Q4 2016	$11.98	+38.46%	Closed	History

EOG - EOG Resources, Inc.	Q1 2010	$46.47	Q1 2013	$64.04	+37.80%	Closed	History

PYD - Prepaid Legal Services	Q2 2010	$45.47	Q3 2010	$62.47	+37.39%	Closed	History

WMT - Walmart Inc.	Q4 2007	$15.84	Q3 2015	$21.61	+36.42%	Closed	History

PCAR - PACCAR Inc	Q3 2015	$34.78	Q4 2017	$47.39	+36.25%	Closed	History

UPS - United Parcel Service, Inc.	Q4 2007	$70.72	Q4 2015	$96.23	+36.07%	Closed	History

IT - Gartner, Inc.	Q1 2022	$297.60	Q2 2025	$404.22	+35.83%	Closed	History

ESAB - ESAB Corp.	Q2 2022	$43.75	Q1 2023	$59.07	+35.02%	Closed	History

LM05 - Liberty Media Group A	Q2 2016	$19.14	Q1 2020	$25.82	+34.90%	Closed	History

MGM - MGM Resorts International	Q4 2024	$34.65	Open	$46.67	+34.69%	Open	History

VNT - Vontier Corp.	Q2 2022	$22.98	Q3 2023	$30.92	+34.55%	Closed	History

CDK - CDK Global Inc	Q4 2014	$40.76	Q4 2019	$54.68	+34.15%	Closed	History

UTX - United Technologies	Q3 2011	$70.38	Q1 2020	$94.33	+34.03%	Closed	History

SIAL - Sigma Aldrich	Q2 2014	$101.50	Q3 2014	$136.00	+33.99%	Closed	History

CULP - Culp Inc	Q1 2014	$19.70	Q1 2016	$26.23	+33.15%	Closed	History

CNI - Canadian National Railway Co.	Q3 2025	$94.30	Open	$124.79	+32.33%	Open	History

SOLV - Solventum Corp.	Q2 2024	$52.88	Q3 2024	$69.72	+31.85%	Closed	History

APOL - Appollo Group	Q3 2013	$20.81	Q4 2013	$27.32	+31.28%	Closed	History

HGTY - Hagerty, Inc.	Q2 2023	$9.36	Open	$12.25	+30.88%	Open	History

PDCO - Patterson Companies Inc.	Q3 2009	$27.62	Q4 2017	$36.13	+30.81%	Closed	History

PG - The Procter & Gamble Co.	Q2 2009	$51.10	Q4 2011	$66.71	+30.55%	Closed	History

WTW - Willis Towers Watson Public Ltd. Co.	Q1 2022	$236.10	Q2 2025	$306.50	+29.82%	Closed	History

XOM - ExxonMobil Holdings Corp.	Q3 2025	$112.75	Open	$145.09	+28.68%	Open	History

NICK - Nicholas Financial	Q3 2014	$11.60	Q4 2014	$14.89	+28.36%	Closed	History

HNIB - InterActiveCorp	Q4 2019	$248.70	Q2 2020	$318.18	+27.94%	Closed	History

RBA - RB Global, Inc.	Q2 2014	$24.60	Q1 2018	$31.47	+27.93%	Closed	History

OTIS - Otis Worldwide Corp.	Q2 2020	$56.86	Open	$72.56	+27.61%	Open	History

WPC - W. P. Carey Inc.	Q4 2012	$51.08	Q2 2018	$64.99	+27.23%	Closed	History

NICK - Nicholas Financial	Q3 2011	$9.77	Q4 2012	$12.40	+26.92%	Closed	History

Entry/exit prices and returns are split-adjusted to today's share basis. The quarter-by-quarter history shows prices exactly as filed with the SEC, so a pre-split quarter's price will look higher than the split-adjusted entry above.