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
BCR - CR Bard	Q3 2015	$186.25	Q2 2016	$235.11	+26.23%	Closed	History

MKC - McCormick & Co., Inc.	Q4 2011	$25.20	Q4 2012	$31.77	+26.05%	Closed	History

9ST - Sensata Technologies Holding	Q4 2016	$38.96	Q2 2019	$49.00	+25.77%	Closed	History

MAT - Mattel, Inc.	Q1 2018	$13.15	Q2 2018	$16.42	+24.87%	Closed	History

CLMT - Calumet	Q1 2010	$20.82	Q1 2014	$25.85	+24.16%	Closed	History

SMG - The Scotts Miracle-Gro Co.	Q1 2018	$85.77	Q4 2019	$106.18	+23.80%	Closed	History

APD - Air Products and Chemicals, Inc.	Q1 2024	$242.27	Open	$299.40	+23.58%	Open	History

OI - Owens-Illinois Inc	Q4 2019	$11.93	Q2 2025	$14.74	+23.55%	Closed	History

ICE - Intercontinental Exchange, Inc.	Q1 2021	$111.64	Open	$137.61	+23.26%	Open	History

AHGP - Alliance Holdings GP	Q4 2012	$47.58	Q4 2013	$58.63	+23.22%	Closed	History

ATVI - Activision Blizzard Inc	Q2 2018	$76.30	Q3 2023	$93.63	+22.71%	Closed	History

CSCO - Cisco Systems, Inc.	Q1 2014	$22.43	Q1 2015	$27.52	+22.69%	Closed	History

CP - Canadian Pacific Kansas City Ltd.	Q3 2025	$74.49	Open	$91.35	+22.63%	Open	History

E - ENI Spa ADR	Q2 2013	$41.03	Q1 2014	$50.17	+22.28%	Closed	History

DLTR - Dollar Tree, Inc.	Q4 2016	$77.18	Q4 2019	$94.05	+21.86%	Closed	History

CBOE - Cboe Global Markets, Inc.	Q1 2025	$226.29	Open	$274.98	+21.52%	Open	History

VL2 - NuStar GP Holdings	Q4 2007	$28.55	Q1 2012	$34.67	+21.44%	Closed	History

APO - Apollo Global Management, Inc.	Q3 2013	$28.26	Q2 2019	$34.30	+21.37%	Closed	History

BUD - Anheuser-Busch InBev SA/NV	Q2 2023	$56.72	Q2 2025	$68.72	+21.16%	Closed	History

MRSH - Marsh & McLennan Companies, Inc.	Q4 2007	$26.47	Q3 2008	$31.76	+19.98%	Closed	History

XOM - ExxonMobil Holdings Corp.	Q3 2009	$68.61	Q3 2017	$81.98	+19.49%	Closed	History

PG - The Procter & Gamble Co.	Q3 2012	$69.38	Q1 2016	$82.31	+18.64%	Closed	History

CMI - Cummins Inc.	Q3 2015	$108.56	Q3 2016	$128.16	+18.05%	Closed	History

VZ - Verizon Communications Inc.	Q2 2018	$50.31	Q1 2019	$59.13	+17.53%	Closed	History

L - Loews Corp.	Q4 2011	$37.65	Q1 2014	$44.05	+17.00%	Closed	History

ORCL - Oracle Corp.	Q2 2011	$32.91	Q4 2016	$38.45	+16.83%	Closed	History

GWR - Genesee and Wyoming	Q4 2015	$53.70	Q1 2016	$62.73	+16.82%	Closed	History

TRV - The Travelers Companies, Inc.	Q1 2014	$85.10	Q1 2020	$99.35	+16.75%	Closed	History

MOS - The Mosaic Co.	Q3 2013	$43.02	Q1 2014	$50.00	+16.23%	Closed	History

SKWD - Skyward Specialty Ins Group	Q1 2023	$21.87	Q2 2023	$25.40	+16.14%	Closed	History

POT - Potash Corp	Q3 2013	$31.29	Q1 2014	$36.23	+15.79%	Closed	History

SYY - Sysco Corp.	Q4 2007	$31.21	Q4 2013	$36.12	+15.73%	Closed	History

ABNB - Airbnb, Inc.	Q3 2024	$126.81	Open	$146.54	+15.56%	Open	History

KHC - The Kraft Heinz Co.	Q3 2019	$27.94	Q4 2019	$32.13	+15.00%	Closed	History

DWA - Dreamworks Animation SKG, Inc	Q4 2011	$16.60	Q2 2012	$19.06	+14.82%	Closed	History

XRAY - DENTSPLY SIRONA Inc.	Q3 2009	$34.54	Q4 2012	$39.60	+14.65%	Closed	History

BAM.A - Brookfield Asset Management	Q4 2007	$35.67	Q3 2022	$40.89	+14.63%	Closed	History

VFC - V.F. Corp.	Q1 2016	$60.91	Q4 2017	$69.67	+14.38%	Closed	History

HSY - The Hershey Co.	Q4 2015	$89.25	Q3 2018	$101.99	+14.27%	Closed	History

NXPI - NXP Semiconductors N.V.	Q3 2018	$85.50	Q2 2019	$97.62	+14.18%	Closed	History

YUM - Yum! Brands, Inc.	Q1 2024	$138.65	Open	$158.18	+14.09%	Open	History

INTC - Intel Corp.	Q4 2007	$26.66	Q3 2015	$30.14	+13.05%	Closed	History

AYI - Acuity Inc.	Q4 2024	$292.13	Open	$327.48	+12.10%	Open	History

CNXE - Consol Energy	Q3 2012	$30.07	Q3 2013	$33.63	+11.84%	Closed	History

NVS - Novartis AG	Q1 2016	$64.90	Q1 2018	$72.41	+11.57%	Closed	History

PH - Parker-Hannifin Corp.	Q2 2015	$116.38	Q1 2020	$129.73	+11.47%	Closed	History

LGIH - LGI Homes, Inc	Q4 2014	$14.94	Q1 2015	$16.65	+11.45%	Closed	History

SUNB - Sunbelt Rentals Holdings, Inc.	Q1 2026	$65.09	Open	$72.42	+11.26%	Open	History

TPL - Texas Pacific Land Corp.	Q2 2021	$177.75	Q3 2022	$197.47	+11.09%	Closed	History

CRM - Salesforce, Inc.	Q2 2021	$244.15	Q3 2021	$270.96	+10.98%	Closed	History

SYY - Sysco Corp.	Q1 2025	$75.04	Open	$82.85	+10.41%	Open	History

EA - Electronic Arts Inc.	Q1 2022	$126.51	Q2 2024	$139.33	+10.13%	Closed	History

EXPD - Expeditors International of Washington, Inc.	Q3 2011	$40.53	Q4 2014	$44.61	+10.07%	Closed	History

CPB - The Campbell's Co.	Q2 2009	$29.43	Q3 2011	$32.37	+9.99%	Closed	History

BRP - Brookfield Residential	Q2 2011	$9.93	Q2 2012	$10.90	+9.77%	Closed	History

AMT - American Tower Corp.	Q2 2015	$93.25	Q1 2016	$102.35	+9.76%	Closed	History

SYF - Synchrony Financial	Q1 2019	$31.85	Q2 2019	$34.67	+8.85%	Closed	History

MOS - The Mosaic Co.	Q4 2011	$50.44	Q2 2012	$54.76	+8.56%	Closed	History

MELI - MercadoLibre, Inc.	Q1 2026	$1,729.02	Open	$1,873.88	+8.38%	Open	History

NXPI - NXP Semiconductors N.V.	Q3 2016	$102.00	Q2 2017	$109.46	+7.31%	Closed	History

CNS - Cohen & Steers, Inc.	Q1 2008	$26.49	Q3 2008	$28.33	+6.95%	Closed	History

CLX - The Clorox Co.	Q4 2010	$63.25	Q2 2011	$67.44	+6.62%	Closed	History

HUB - Chubb Corp	Q1 2014	$89.29	Q2 2015	$95.14	+6.55%	Closed	History

LSXMK - Liberty Sirius Group C	Q2 2016	$30.87	Q2 2023	$32.73	+6.03%	Closed	History

EMR - Emerson Electric Co.	Q1 2008	$51.46	Q3 2016	$54.51	+5.93%	Closed	History

GGQ7 - Google Class C	Q2 2014	$575.28	Q3 2015	$608.41	+5.76%	Closed	History

WSO - Watsco, Inc.	Q1 2011	$69.80	Q2 2012	$73.80	+5.73%	Closed	History

KMB - Kimberly-Clark Corp.	Q4 2010	$60.43	Q2 2011	$63.80	+5.57%	Closed	History

GILD - Gilead Sciences, Inc.	Q4 2016	$71.64	Q1 2018	$75.39	+5.23%	Closed	History

C - Citigroup Inc.	Q2 2018	$66.85	Q3 2021	$70.22	+5.04%	Closed	History

CME - CME Group Inc.	Q4 2024	$232.23	Open	$243.61	+4.90%	Open	History

LSXMA - Liberty Sirius Group A	Q2 2016	$31.36	Q2 2023	$32.81	+4.62%	Closed	History

IQV - IQVIA Holdings Inc.	Q1 2023	$198.89	Open	$207.83	+4.49%	Open	History

MHK - Mohawk Industries, Inc.	Q3 2018	$175.33	Q4 2021	$182.18	+3.91%	Closed	History

AXTA - Axalta Coating Systems Ltd.	Q1 2022	$24.58	Q4 2022	$25.47	+3.62%	Closed	History

FDX - FedEx Corp.	Q3 2015	$116.04	Q4 2015	$120.06	+3.47%	Closed	History

DISCK - Discovery Communications	Q1 2015	$29.48	Q4 2019	$30.49	+3.43%	Closed	History

TEVA - Teva Pharmaceutical Industries Ltd.	Q2 2010	$51.99	Q3 2014	$53.75	+3.39%	Closed	History

BA - The Boeing Co.	Q4 2015	$144.58	Q1 2020	$149.14	+3.15%	Closed	History

WAIR - Wesco Aircraft Holdings	Q4 2014	$13.97	Q1 2016	$14.39	+3.01%	Closed	History

DCI - Donaldson Co., Inc.	Q3 2015	$28.06	Q4 2015	$28.67	+2.17%	Closed	History

VODD - Vodafone Group	Q4 2011	$28.00	Q3 2012	$28.50	+1.79%	Closed	History

CSGP - CoStar Group, Inc.	Q4 2021	$79.03	Q2 2025	$80.40	+1.73%	Closed	History

BU3 - Bunge Limited	Q4 2012	$72.67	Q1 2013	$73.78	+1.53%	Closed	History

PCL - Plum Creek Lumber MLP	Q4 2007	$46.04	Q2 2013	$46.67	+1.37%	Closed	History

SONY - Sony Group Corp.	Q1 2022	$20.54	Open	$20.80	+1.28%	Open	History

HRL - Hormel Foods Corp.	Q2 2017	$34.14	Q1 2018	$34.32	+0.53%	Closed	History

CVX - Chevron Corp.	Q2 2013	$118.35	Q1 2014	$118.91	+0.47%	Closed	History

ISCA - International Speedway	Q4 2007	$41.18	Q1 2008	$41.19	+0.02%	Closed	History

1LGD - Liberty Global PLC Lilac	Q4 2015	$41.37	Q4 2015	$41.37	+0.00%	Closed	History

3393199Q - Anheuser Busch	Q2 2014	$114.90	Q2 2014	$114.90	+0.00%	Closed	History

AAL - American Airlines Group Inc.	Q1 2020	$12.18	Q1 2020	$12.18	+0.00%	Closed	History

AG31 - Apollo Global Management - A	Q3 2019	$37.82	Q3 2019	$37.82	+0.00%	Closed	History

BP - BP p.l.c.	Q2 2008	$69.54	Q2 2008	$69.54	+0.00%	Closed	History

ECA - Encana Corp	Q3 2011	$19.21	Q3 2011	$19.21	+0.00%	Closed	History

GT - The Goodyear Tire & Rubber Co.	Q2 2019	$15.30	Q2 2019	$15.30	+0.00%	Closed	History

LM0G - Liberty Media Corp Del	Q3 2023	$32.10	Q3 2023	$32.10	+0.00%	Closed	History

LM0H - Liberty Media Corp Del	Q3 2023	$31.92	Q3 2023	$31.92	+0.00%	Closed	History

LVS - Las Vegas Sands Corp.	Q3 2015	$37.98	Q3 2015	$37.98	+0.00%	Closed	History

MBI - MBIA Inc.	Q4 2007	$18.63	Q4 2007	$18.63	+0.00%	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.