Tom Gayner (Trades, Portfolio), executive vice president and chief investment officer of Markel Corp. and president of Markel Gayner Asset Management Inc., the investment subsidiary of Markel Corp., bought shares in the following stocks in the first and second quarters of 2016:
Boeing Co. (BA)
During the first quarter of 2016, the guru increased his stake by 6.25% and in the second quarter, again bought shares in the company with another increase of 229.41%. The company  designs, develops, manufactures, sells and supports commercial jetliners, military aircraft, satellites, missile defense, human space flight and launch systems and services.
The largest shareholder among the gurus is T Rowe Price Equity Income Fund (Trades, Portfolio) with 0.5% of outstanding shares, followed by Spiros Segalas (Trades, Portfolio) with 0.5%, PRIMECAP Management (Trades, Portfolio) with 0.29%, HOTCHKIS & WILEY with 0.2% and Joel Greenblatt (Trades, Portfolio) with 0.07%.
The Hershey Co. (HSY)
During the first quarter of 2016, the investor increased his stake by 36.67% and in the second quarter boosted it again by 46.95%. The investor currently holds 0.01% of outstanding shares of the stock. The company is engaged in manufacturing, marketing, selling and distributing chocolate and sugar confectionery products, pantry items, such as baking ingredients, toppings and beverages, and gum and mint refreshment products.
Pioneer Investments (Trades, Portfolio) is the largest shareholder of the company among the gurus, with 1.79% of outstanding shares, followed by Jim Simons (Trades, Portfolio) with 0.72%, Joel Greenblatt (Trades, Portfolio) with 0.15%, Mairs and Power (Trades, Portfolio) with 0.03% and George Soros (Trades, Portfolio) with 0.01%.
Praxair Inc. (PX)
During first quarter of 2016, the guru increased his stake by 23.48% and in the second quarter again bought shares in the company with another increase of 60.56%. The guru currently holds 0.01% of outstanding shares of the company. It is engaged in the production, distribution and sale of atmospheric and process gases, and surface coatings in North America, Europe, South America and Asia. Its products include oxygen, helium, nitrogen and specialty gases, among others.
The largest shareholder among the gurus is Chris Davis (Trades, Portfolio) with 1.17% of outstanding shares, followed by First Eagle Investment (Trades, Portfolio) with 0.6%, PRIMECAP Management (Trades, Portfolio) with 0.6%, Ruane Cunniff (Trades, Portfolio) with 0.56%, Diamond Hill Capital (Trades, Portfolio) with 0.33%, Jim Simons (Trades, Portfolio) with 0.11% and Paul Tudor Jones (Trades, Portfolio) with 0.09%.
Apple Inc. (AAPL)
During the first quarter of 2016, the investor increased his stake by 8.75% and in second quarter, again bought shares in the company with another increase of 38.31% of its stake. The company designs, manufactures and markets mobile communication and media devices, personal computers and portable digital music players. It sells a variety of related software, services, accessories, networking solutions and third-party digital content.
Warren Buffett (Trades, Portfolio) is the largest shareholder of the company among the gurus, with 0.28% of outstanding shares, followed by Ken Fisher (Trades, Portfolio) with 0.21%, Spiros Segalas (Trades, Portfolio) with 0.2%, Pioneer Investments (Trades, Portfolio) with 0.16% and Jeremy Grantham (Trades, Portfolio) and David Einhorn (Trades, Portfolio) both with 0.13%.
Facebook Inc. Class A. (FB)
During the first quarter of 2016, the guru increased his stake by 300% and raised it by 117.86% in the second quarter. The company operates a social networking website. Its products are Facebook, Instagram, Messenger, WhatsApp and Oculus. Its products enable people to connect and share through mobile devices and personal computers.
The largest shareholder among the gurus is Frank Sands (Trades, Portfolio) with 0.8% of outstanding shares, followed by Andreas Halvorsen (Trades, Portfolio) with 0.7%, Steve Mandel (Trades, Portfolio) with 0.38%, Spiros Segalas (Trades, Portfolio) with 0.33%, Daniel Loeb (Trades, Portfolio) with 0.13% and Manning & Napier Advisors Inc. with 0.12%.
Microsoft Corp. (MSFT)
During the first quarter of 2016, the investor increased his stake by 113.33% and in the second quarter, again bought shares in the company with another increase of 150% of its stake. Microsoft is engaged in designing, manufacturing and selling devices and online advertising. Its products include operating systems for computing devices, servers, phones and other devices.
PRIMECAP Management (Trades, Portfolio) is the largest shareholder of the company among the gurus, with 0.75% of outstanding shares, followed by Jeff Ubben (Trades, Portfolio) with 0.73%, Dodge & Cox with 0.66%, Barrow, Hanley, Mewhinney & Strauss with 0.32%, First Eagle Investment (Trades, Portfolio) with 0.3% and Ken Fisher (Trades, Portfolio) with 0.23%.
MasterCard Inc. Class A. (MA)
During the first quarter of 2016, the investor increased his stake by 0.77% and again by 4.87% in the second quarter. The investor currently holds 0.01% of outstanding shares of the stock. MasterCard is a technology company in the payments industry that connects consumers, financial institutions, merchants, governments and businesses, enabling them to use electronic forms of payment instead of cash and checks.
The largest shareholder among the gurus is Tom Russo (Trades, Portfolio) with 0.89% of outstanding shares followed by Spiros Segalas (Trades, Portfolio) with 0.8%, Andreas Halvorsen (Trades, Portfolio) with 0.59%, Jim Simons (Trades, Portfolio) with 0.49%, Warren Buffett (Trades, Portfolio) with 0.45%, Steve Mandel (Trades, Portfolio) with 0.45%, Ruane Cunniff (Trades, Portfolio) with 0.45% and Chuck Akre (Trades, Portfolio) with 0.43%.
Amazon.com Inc. (AMZN)
During the first quarter of 2016, the guru increased his stake by 172.73% and in the second quarter, again bought shares in the company with another increase of 116.67% of its stake. The company is an online retailer. It sells its products through the website which provides services, such as advertising services and co-branded credit card agreements. It also offers electronic devices like Kindle e-readers and Fire tablets.
The largest shareholder among the gurus is Andreas Halvorsen (Trades, Portfolio) with 0.69% of outstanding shares, followed by Frank Sands (Trades, Portfolio) with 0.5%, Chris Davis (Trades, Portfolio) with 0.47%, Spiros Segalas (Trades, Portfolio) with 0.46%, Ken Fisher (Trades, Portfolio) with 0.42% and Steve Mandel (Trades, Portfolio) with 0.35%.
Union Pacific Corp. (UNP)
During the first quarter of 2016, the investor increased his stake 5.38% and in the second quarter raised it by 23.50% of its stake. The investor currently holds 0.01% of outstanding shares of the stock, which is a rail transporting company. Its operating company is Union Pacific Railroad Company. It links 23 states in the western two-thirds of the country by rail, providing a critical link in the global supply chain.
Dodge & Cox is the largest shareholder of the company among the gurus, with 1.82% of outstanding shares, followed by First Eagle Investment (Trades, Portfolio) with 0.75%, PRIMECAP Management (Trades, Portfolio) with 0.56%, T Rowe Price Equity Income Fund (Trades, Portfolio) with 0.23% and Daniel Loeb (Trades, Portfolio) with 0.16%.
Disclosure: I own few shares of AAPL but do not own any shares of any other stock mentioned in this article.
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