New Threads Only:  Add to Google Reader or Homepage
New Threads & Replies:  Add to Google Reader or Homepage
Forums are for serious investors only. GuruFocus Forum Rules.

Forum List » Guru News and Commentaries
Guru News, Stock picks and commentaries
New Topic
Goto Thread: PreviousNext
Goto: Forum ListMessage ListNew TopicLog In
Tom Gayner of Markel Corp Buys FII, MSFT, TEVA, COF, V, XOM
Posted by: gurufocus (IP Logged)
Date: February 13, 2012 02:56PM

Tom Gayner of Markel Corp just reported his fourth quarter portfolio. During GuruFocus interview with Mr. Gayner, he said that the place he is finding a lot of values are large cap multinational companies. Those are exactly what he bought during the fourth quarter of 2011. As of 12/31/2011, Markel Gayner Asset Management Corp owns 97 stocks with a total value of $1.9 billion. These are the details of the buys and sells that have the impact to portfolio of more than .1%.

We have converted our interview with Markel CIO Tom Gayner into our first issue of Guru Investor Digest. Please feel free to download and distribute it to anyone who might be interested. Here is the PDF download link for this issue of Guru Investor Insight . in the interview, Mr. Gayner shared his view on some of his largest holdings including CarMax, Berkshire Hathaway, Fairfax Financial etc.

This is the portfolio chart of Tom Gayner. You can click on the legend of the chart to show/hide buys, sells, or holdings. Each ball on the chart represents a position in the portfolio. You can move your mouse on the balls to see the details of each position and click to see the details of all guru trades with this position.



For the details of Tom Gayner's stock buys and sells, go to http://www.gurufocus.com/StockBuy.php?GuruName=Tom+Gayner

This is the sector weightings of his portfolio:

Financials 38.6%
Consumer Services 23.8%
Industrials 13%
Consumer Goods 10.6%
Oil & Gas 5.2%
Health Care 5%
Technology 2.8%
Utilities 0.7%
Basic Materials 0.3%
Telecom 0.1%


These are the top 5 holdings of Tom Gayner

  1. CarMax Inc. (KMX) - 5,191,435 shares, 8.3% of the total portfolio. Shares reduced by 0.15%
  2. Fairfax Fin Ltd (FRFHF) - 279,459 shares, 6.4% of the total portfolio.
  3. Berkshire Hathaway B (BRK.B) - 1,575,347 shares, 6.3% of the total portfolio. Shares reduced by 0.1%
  4. Diageo PLC ADS (DEO) - 1,247,140 shares, 5.8% of the total portfolio. Shares reduced by 0.08%
  5. Berkshire Hathaway Inc. Cl A (BRK.A) - 957 shares, 5.8% of the total portfolio. Shares reduced by 0.1%


New Purchase: Loews Corp. (L)

Tom Gayner initiated holdings in Loews Corp.. His purchase prices were between $33.5 and $41.42, with an estimated average price of $37.68. The impact to his portfolio due to this purchase was 0.14%. His holdings were 70,500 shares as of 12/31/2011.

New Purchase: Marriot Vac Ww (VAC)

Tom Gayner initiated holdings in Marriot Vac Ww. His purchase prices were between $15.9 and $18.65, with an estimated average price of $17.51. The impact to his portfolio due to this purchase was 0.13%. His holdings were 140,735 shares as of 12/31/2011.

Sold Out: Campbell Soup (CPB)

Tom Gayner sold out his holdings in Campbell Soup. His sale prices were between $31.25 and $34.09, with an estimated average price of $33.06.

Added: Microsoft Corp. (MSFT)

Tom Gayner added to his holdings in Microsoft Corp. by 63.01%. His purchase prices were between $24.3 and $27.31, with an estimated average price of $26.12. The impact to his portfolio due to this purchase was 0.39%. His holdings were 734,690 shares as of 12/31/2011.

Added: Federated Investors Inc. (FII)

Tom Gayner added to his holdings in Federated Investors Inc. by 101.96%. His purchase prices were between $14.38 and $20.78, with an estimated average price of $16.9. The impact to his portfolio due to this purchase was 0.39%. His holdings were 980,500 shares as of 12/31/2011.

Added: Teva Pharmaceutical Industries Ltd. (TEVA)

Tom Gayner added to his holdings in Teva Pharmaceutical Industries Ltd. by 38.41%. His purchase prices were between $35.85 and $42.72, with an estimated average price of $39.75. The impact to his portfolio due to this purchase was 0.28%. His holdings were 468,100 shares as of 12/31/2011.

Added: Capital One Financial Corp. (COF)

Tom Gayner added to his holdings in Capital One Financial Corp. by 1066.36%. His purchase prices were between $37.75 and $47.07, with an estimated average price of $43.03. The impact to his portfolio due to this purchase was 0.27%. His holdings were 128,300 shares as of 12/31/2011.

Added: Visa (V)

Tom Gayner added to his holdings in Visa by 154.08%. His purchase prices were between $84.26 and $103.15, with an estimated average price of $93.81. The impact to his portfolio due to this purchase was 0.27%. His holdings were 84,100 shares as of 12/31/2011.

Added: Exxon Mobil Corp. (XOM)

Tom Gayner added to his holdings in Exxon Mobil Corp. by 7.12%. His purchase prices were between $71.15 and $85.28, with an estimated average price of $78.88. The impact to his portfolio due to this purchase was 0.24%. His holdings were 811,402 shares as of 12/31/2011.

Added: Lennox International Inc. (LII)

Tom Gayner added to his holdings in Lennox International Inc. by 108.6%. His purchase prices were between $25.42 and $34.75, with an estimated average price of $31.49. The impact to his portfolio due to this purchase was 0.21%. His holdings were 230,500 shares as of 12/31/2011.

Added: Paychex Inc. (PAYX)

Tom Gayner added to his holdings in Paychex Inc. by 186.64%. His purchase prices were between $25.55 and $30.24, with an estimated average price of $28.72. The impact to his portfolio due to this purchase was 0.15%. His holdings were 145,900 shares as of 12/31/2011.

Added: Lowes Cos. (LOW)

Tom Gayner added to his holdings in Lowes Cos. by 24.76%. His purchase prices were between $18.98 and $25.96, with an estimated average price of $22.77. The impact to his portfolio due to this purchase was 0.15%. His holdings were 556,700 shares as of 12/31/2011.

Added: United Technologies Corp. (UTX)

Tom Gayner added to his holdings in United Technologies Corp. by 188.17%. His purchase prices were between $69.36 and $79.83, with an estimated average price of $74.81. The impact to his portfolio due to this purchase was 0.14%. His holdings were 53,600 shares as of 12/31/2011.

Added: 3m Co. (MMM)

Tom Gayner added to his holdings in 3m Co. by 18.57%. His purchase prices were between $70.93 and $82.29, with an estimated average price of $78.95. The impact to his portfolio due to this purchase was 0.13%. His holdings were 187,100 shares as of 12/31/2011.

Added: Intel Corp. (INTC)

Tom Gayner added to his holdings in Intel Corp. by 14.63%. His purchase prices were between $20.62 and $25.66, with an estimated average price of $23.87. The impact to his portfolio due to this purchase was 0.13%. His holdings were 782,442 shares as of 12/31/2011.

Added: T. Rowe Price Group Inc. (TROW)

Tom Gayner added to his holdings in T. Rowe Price Group Inc. by 23.02%. His purchase prices were between $45.89 and $59.35, with an estimated average price of $53.53. The impact to his portfolio due to this purchase was 0.13%. His holdings were 240,500 shares as of 12/31/2011.

Added: Oracle Corp. (ORCL)

Tom Gayner added to his holdings in Oracle Corp. by 27.09%. His purchase prices were between $25.51 and $33.69, with an estimated average price of $30.64. The impact to his portfolio due to this purchase was 0.12%. His holdings were 421,300 shares as of 12/31/2011.

Reduced: Nustar Gp Holdings Llc (NSH)

Tom Gayner reduced to his holdings in Nustar Gp Holdings Llc by 53.78%. His sale prices were between $28.88 and $33.25, with an estimated average price of $30.67. The impact to his portfolio due to this sale was -0.56%. Tom Gayner still held 258,500 shares as of 12/31/2011.

Reduced: Enterprise Products Partners L.p. (EPD)

Tom Gayner reduced to his holdings in Enterprise Products Partners L.p. by 97.15%. His sale prices were between $39.97 and $46.41, with an estimated average price of $44.41. The impact to his portfolio due to this sale was -0.53%. Tom Gayner still held 6,300 shares as of 12/31/2011.

Reduced: Abbott Laboratories (ABT)

Tom Gayner reduced to his holdings in Abbott Laboratories by 30.5%. His sale prices were between $50.15 and $56.33, with an estimated average price of $53.64. The impact to his portfolio due to this sale was -0.12%. Tom Gayner still held 90,000 shares as of 12/31/2011.




Guru Discussed: Tom Gayner: Current Portfolio, Stock Picks
Stocks Discussed: MKL, FII, MSFT, TEVA, COF, V, XOM,
Rate this post:

Rating: 4.3/5 (4 votes)





Sorry, only registered users may post in this forum.

Please Login if you have an account or Create a Free Account if you don't
Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)
Free 7-day Trial
FEEDBACK