Thomas Gayner - Markel Group
Period:    Q1 2026
Portfolio date:    31 Mar 2026
No. of stocks:    129
Portfolio value:    $11,938,885,174
Holdings Activity Buys Sells    History
Holding/activity history for  Federated Investors (FHI)
← All FHI superinvestors
Period Shares % of Portfolio Activity % Change to Portfolio Price Value Filing
2016   Q2 0 0.00 Sell 100.00% 0.58 $26.60–32.81 · VW $30.41i SEC
2016   Q1 739,000 0.58 Reduce 3.27% 0.02 $22.76–29.16 · VW $26.21i $21,320,000 SEC
2015   Q4 764,000 0.60 Reduce 61.97% 0.97 $27.51–32.01 · VW $30.31i $21,889,000 SEC
2015   Q3 2,009,000 1.56 Reduce 5.86% 0.11 $28.28–34.53 · VW $31.51i $58,060,000 SEC
2015   Q2 2,134,000 1.82 $33.49 $71,468,000 SEC
2015   Q1 2,134,000 1.87 $33.89 $72,321,000 SEC
2014   Q4 2,134,000 1.79 $32.93 $70,272,000 SEC
2014   Q3 2,134,000 1.82 $29.36 $62,655,000 SEC
2014   Q2 2,134,000 1.96 $30.92 $65,983,000 SEC
2014   Q1 2,134,000 2.07 Reduce 1.01% 0.02 $25.63–31.20 · VW $28.33i $65,172,000 SEC
2013   Q4 2,155,700 2.03 Reduce 0.01% <0.01 $25.50–28.98 · VW $27.56i $62,084,000 SEC
2013   Q3 2,156,000 2.08 $27.16 $58,557,000 SEC
2013   Q2 2,156,000 2.22 $27.41 $59,096,000 SEC
2013   Q1 2,156,000 1.98 Reduce 0.05% <0.01 $20.68–25.32 · VW $23.39i $51,033,000 SEC
2012   Q4 2,157,000 1.92 $20.23 $43,636,000 SEC
2012   Q3 2,157,000 2.10 Add 21470.00% 2.09 $19.32–22.31 · VW $20.83i $44,628,000 SEC
2012   Q2 10,000 0.01 Reduce 99.53% 2.37 $18.54–23.23 · VW $21.24i $218,000 SEC
2012   Q1 2,147,000 2.38 Add 118.97% 1.30 $15.45–23.89 · VW $19.33i $48,114,000 SEC
2011   Q4 980,500 0.86 Add 101.96% 0.43 $14.36–22.39 · VW $17.03i $14,854,000 SEC
2011   Q3 485,500 0.55 Add 71.86% 0.23 $16.01–24.54 · VW $19.03i $8,511,000 SEC
2011   Q2 282,500 0.38 Add 14.60% 0.05 $23.43–27.11 · VW $25.31i $6,734,000 SEC
2011   Q1 246,500 0.39 Add 4.23% 0.02 $24.93–28.57 · VW $27.03i $6,593,000 SEC
2010   Q4 236,500 0.37 Add 3.96% 0.01 $22.76–27.02 · VW $24.74i $6,190,000 SEC
2010   Q3 227,500 0.34 Add 5.08% 0.02 $20.01–23.54 · VW $21.40i $5,178,000 SEC
2010   Q2 216,500 0.32 Add 16.27% 0.05 $20.67–27.32 · VW $23.08i $4,484,000 SEC
2010   Q1 186,200 0.33 Add 5.68% 0.02 $23.85–28.14 · VW $25.73i $4,912,000 SEC
2009   Q4 176,200 0.35 Add 0.11% <0.01 $24.76–28.31 · VW $26.55i $4,845,000 SEC
2009   Q3 176,000 0.36 $26.37 $4,641,000 SEC
2009   Q2 176,000 0.42 $24.09 $4,240,000 SEC
2009   Q1 176,000 0.42 $22.26 $3,918,000 SEC
2008   Q4 176,000 0.28 $16.96 $2,985,000 SEC
2008   Q3 176,000 0.34 $28.85 $5,077,000 SEC
2008   Q2 176,000 0.42 $34.42 $6,058,000 SEC
2008   Q1 176,000 0.40 $39.16 $6,893,000 SEC
2007   Q4 176,000 0.39 $41.16 $7,245,000 SEC