Tom Gayner

Tom Gayner

Last Update: 11-10-2015

Number of Stocks: 122
Number of New Stocks: 9

Total Value: $3,796 Mil
Q/Q Turnover: 3%

Countries: USA
Details: Top Buys | Top Sales | Top Holdings  Embed:

Tom Gayner' s Profile & Performance

Profile

Tom Gayner is the Executive Vice President and Chief Investment Officer Of Markel Corp and President, Markel Gayner Asset Management, Inc., the investment subsidiary Of Markel Corp since December of 1990. The asset under management is about $2 billion.

Investing Philosophy

As the CIO of Markel Corp, Tom Gayner is certainly a value investor. He thinks stock is part of a business and the business is worth what the present value of the future cash flows are. "We operate with a Margin of Safety in the investment portfolio." He said. He has also relatively concentrated portfolio. He believes that he can earn the best returns by concentrating his focus and portfolio in promising areas where he has the best understanding and knowledge.

Total Holding History

Performance of Markel Corp. Equity Portfolio

YearReturn (%)S&P500 (%)Excess Gain (%)
20113.82.111.7
201020.815.065.7
200925.726.46-0.8
3-Year Cumulative57.6 (16.4%/year)48.6 (14.1%/year)9 (2.3%/year)
2008-34-373.0
2007-0.45.49-5.9
5-Year Cumulative3.6 (0.7%/year)-1.3 (-0.3%/year)4.9 (1%/year)
200625.915.7910.1
2005-0.34.91-5.2
200415.210.884.3
20033128.682.3
2002-8.8-22.113.3
10-Year Cumulative79 (6%/year)33.3 (2.9%/year)45.7 (3.1%/year)
200116.9-11.8928.8
200026.4-9.135.5
1999-10.321.04-31.3
199813.328.58-15.3
199731.433.36-2.0
15-Year Cumulative253.2 (8.8%/year)121.6 (5.4%/year)131.6 (3.4%/year)
199626.922.963.9

Top Ranked Articles

2015 Results and Review of Largest Holdings A look back at 2015, as well as a review of my largest equity positions
This is the fourth year-end portfolio review I’ve written on GuruFocus. I’ll stick with the same disclaimers I’ve used in the past: first, I have no idea how these stocks will do over the next 30, 90, 180 or 365 days; and second, I hope they go lower so I can buy more at attractive prices (I plan on being a net buyer of stocks for a long time). With that, let’s get started. Read more...
Tom Gayner Buys Harley-Davidson and JPMorgan in 3rd Quarter He sells out Chubb in his most heavily weighted trade
Tom Gayner (Trades, Portfolio) is the executive vice president and chief investment officer of Markel Corp. (NYSE:MKL) and president of Markel Gayner Asset Management Inc. He thinks stock is part of a business, and the business is worth what the present value of the future cash flows are. Read more...
5-Year Lows: 3D Systems Corp., Atwood Oceanics, Seacor Holdings, Rent-A-Center Inc. Companies that have reached their 5-year low prices
According to GuruFocus list of five-year lows, these guru stocks have reached their historical low prices: 3D Systems Corp., Atwood Oceanics Inc., Seacor Holdings Inc. and Rent-A-Center Inc. Read more...
Among Tom Gayner's Largest New Buys, Several Trading Below Earnings Line The Markel Corp. CIO found opportunities in several undervalued stocks
Executive Vice President and CIO of Markel Corp. (NYSE:MKLTom Gayner (Trades, Portfolio) is known for his patience and common sense. Profiled by Jason Zweig in The Wall Street Journal in May, Zweig wrote that Gayner doesn’t hold analyst days or provide guidance on future earnings, which attracts investors who are in for the long term. Read more...
Tom Gayner's Holdings Trading Below the Peter Lynch Value Graham Holdings, Travelers Companies, Harley Davidson among most undervalued companies
Tom Gayner (Trades, Portfolio) is the executive vice president and chief investment officer of Markel Corp. (NYSE:MKL) and president of Markel Gayner Asset Management Inc., Markel's investment subsidiary since December 1990. From the114 stocks in his portfolio, the following are the holdings that are trading with a wider margin of safety, according to the Peter Lynch Value. Read more...
» More Tom Gayner Articles

Commentaries and Stories

  • Currently 0.00/5

Rating: 0.0/5 (0 votes)

FedEx Reports Solid Results, but Price Plummets Gurus with new positions experience losses in 3rd quarter Tom Gayner,Ray Dalio,Joel Greenblatt,Mario Gabelli - FedEx Reports Solid Results, But Price Plummets
Several hedge fund managers initiated new positions in FedEx Corporation (NYSE:FDX), the leader in global express delivery services, in the third quarter and lost ground thanks to a price decline. More...

  • Currently 5.00/5

Rating: 5.0/5 (10 votes)

2015 Results and Review of Largest Holdings A look back at 2015, as well as a review of my largest equity positions Tom Gayner - 2015 Results And Review Of Largest Holdings
This is the fourth year-end portfolio review I’ve written on GuruFocus. I’ll stick with the same disclaimers I’ve used in the past: first, I have no idea how these stocks will do over the next 30, 90, 180 or 365 days; and second, I hope they go lower so I can buy more at attractive prices (I plan on being a net buyer of stocks for a long time). With that, let’s get started. More...

BRK.B, MSFT, PEP, IBM, WMT, YELP, MKL, WTW


  • Currently 0.00/5

Rating: 0.0/5 (0 votes)

Value in a Qualitative Sense: A Presentation by Steve Markel, Tom Gayner The managers discuss their investing philosophy values Tom Gayner - Value In A Qualitative Sense: A Presentation By Steve Markel, Tom Gayner
A long-term horizon isn't for everyone. But for Steve Markel and Tom Gayner, it is important. More...

  • Currently 0.00/5

Rating: 0.0/5 (0 votes)

Tom Gayner Buys Harley-Davidson and JPMorgan in 3rd Quarter He sells out Chubb in his most heavily weighted trade Tom Gayner,HOTCHKIS & WILEY,PRIMECAP Management,Pi - Tom Gayner Buys Harley-Davidson And JPMorgan In 3rd Quarter
Tom Gayner (Trades, Portfolio) is the executive vice president and chief investment officer of Markel Corp. (NYSE:MKL) and president of Markel Gayner Asset Management Inc. He thinks stock is part of a business, and the business is worth what the present value of the future cash flows are. More...

  • Currently 3.00/5

Rating: 3.0/5 (1 vote)

5-Year Lows: 3D Systems Corp., Atwood Oceanics, Seacor Holdings, Rent-A-Center Inc. Companies that have reached their 5-year low prices FPA Capital Fund,Tom Gayner - 5-Year Lows: 3D Systems Corp., Atwood Oceanics, Seacor Holdings, Rent-A-Center Inc.
According to GuruFocus list of five-year lows, these guru stocks have reached their historical low prices: 3D Systems Corp., Atwood Oceanics Inc., Seacor Holdings Inc. and Rent-A-Center Inc. More...

  • Currently 0.00/5

Rating: 0.0/5 (0 votes)

Marriott and Starwood to Create the World's Largest Hotel Chain The agreement could involve 5,500 hotels and 1.1 million rooms Ken Heebner,Tom Gayner,Arnold Schneider,John Pauls - Marriott And Starwood To Create The World's Largest Hotel Chain
Marriott International Inc. (MAR) is going to buy Starwood Hotels & Resorts Worldwide Inc. (HOT) in a deal that will create the world's largest hotel chain. The merger should offer a wider choice of brands to consumers, improve economics for owners and franchisees and increase unit growth. More...

  • Currently 0.00/5

Rating: 0.0/5 (0 votes)

Among Tom Gayner's Largest New Buys, Several Trading Below Earnings Line The Markel Corp. CIO found opportunities in several undervalued stocks Tom Gayner - Among Tom Gayner's Largest New Buys, Several Trading Below Earnings Line
Executive Vice President and CIO of Markel Corp. (NYSE:MKLTom Gayner (Trades, Portfolio) is known for his patience and common sense. Profiled by Jason Zweig in The Wall Street Journal in May, Zweig wrote that Gayner doesn’t hold analyst days or provide guidance on future earnings, which attracts investors who are in for the long term. More...

TOM GAYNER, MARKEL, PETER LYNCH


  • Currently 4.67/5

Rating: 4.7/5 (3 votes)

Tom Gayner's Holdings Trading Below the Peter Lynch Value Graham Holdings, Travelers Companies, Harley Davidson among most undervalued companies Tom Gayner,Mason Hawkins,Jim Simons,Pioneer Invest - Tom Gayner's Holdings Trading Below The Peter Lynch Value
Tom Gayner (Trades, Portfolio) is the executive vice president and chief investment officer of Markel Corp. (NYSE:MKL) and president of Markel Gayner Asset Management Inc., Markel's investment subsidiary since December 1990. From the114 stocks in his portfolio, the following are the holdings that are trading with a wider margin of safety, according to the Peter Lynch Value. More...

  • Currently 0.00/5

Rating: 0.0/5 (0 votes)

Coach's Opportunity for Growth
In this article, let's take a look at Coach Inc. (NYSE:COH), a $8.62 billion market cap company, that designs, makes and markets fine accessories for women and men, including handbags, weekend and travel accessories, outerwear, footwear and business cases. More...

  • Currently 5.00/5

Rating: 5.0/5 (2 votes)

A Short Discussion on Executive Compensation Charlie Munger, Tom Gayner - A Short Discussion On Executive Compensation
“I think I’ve been in the top 5 percent of my age cohort almost all my adult life in understanding the power of incentives, and all my life I have always underestimated that power.” More...

Charlie Munger, Tom Gayner, Compensation, Markel


  • Currently 5.00/5

Rating: 5.0/5 (1 vote)

The Evolution Of A Value Investor – Google Talks With Tom Gayner
Tom Gayner (Trades, Portfolio) has made a career out of following Warren Buffett (Trades, Portfolio). More...

  • Currently 5.00/5

Rating: 5.0/5 (3 votes)

Tom Gayner: "The Evolution of a Value Investor" | Talks at Google Tom Gayner - Tom Gayner:
Tom Gayner (Trades, Portfolio) is the CIO of Markel Corp, where he manages the company's investment portfolio. He talks about his journey as an individual and value investor. A recent Wall Street Journal feature on Mr Gayner's investing style mentions: "He has an outstanding investing record. He works only for Markel and doesn’t take outside clients, but every investor can learn from him.You never would know any of this [extraordinary success] from listening to Mr. Gayner. After a good year, most portfolio managers beat their chests even harder than they beat the market; Mr. Gayner’s 2014 report merely said, “our overall equity portfolio earned 18.6%,” without even mentioning that the S&P 500 was up 13.7%.Instead of trying to mimic the inimitable brilliance of Mr. Buffett, maybe more investors should emulate the common sense and patience of Mr. Gayner." More...

  • Currently 0.00/5

Rating: 0.0/5 (0 votes)

Tom Gayner Increases Position in Monsanto
Tom Gayner (Trades, Portfolio) is the Executive Vice President and Chief Investment Officer Of Markel Corp and President, Markel Gayner Asset Management, Inc., the investment subsidiary of Markel Corp since December of 1990. The assets under management is about $2 billion. Tom Gayner (Trades, Portfolio) is a value investor. He has a relatively concentrated portfolio. He believes that he can earn the best returns by concentrating his focus and portfolio in promising areas where he has the best understanding and knowledge. More...

LONG, Tom Gayner, Monsanto


  • Currently 2.67/5

Rating: 2.7/5 (3 votes)

Tom Gayner Buys 4 New Stocks in First Quarter Tom Gayner - Tom Gayner Buys 4 New Stocks In First Quarter
Tom Gayner (Trades, Portfolio) manages the investing side of Markel Corp, a specialty insurance and financial holding company. A value investor, he looks at each stock as a piece of a business. More...

  • Currently 2.00/5

Rating: 2.0/5 (1 vote)

Tom Gayner's Stocks trading at Low P/E Tom Gayner - Tom Gayner's Stocks Trading At Low P/E
Tom Gayner (Trades, Portfolio) is the Executive Vice President and Chief Investment Officer Of Markel Corp and President, Markel Gayner Asset Management, Inc., the investment subsidiary Of Markel Corp since December of 1990. The asset under management is about $4 billion, is composed of 107 stocks and the stocks that are trading with the lower P/E are Graham Holdings Co (GHC), Fairfax Financial Holdings Ltd (FRFHF), National Oilwell Varco Inc (NOV), Travelers Companies Inc More...

STOCKS, P/E RATIO


  • Currently 4.67/5

Rating: 4.7/5 (3 votes)

BlackRock: A Fair-Value Giant with Predictable Earnings Tom Gayner,Ken Fisher - BlackRock: A Fair-Value Giant With Predictable Earnings
It’s perhaps fitting that the company that claims to be the world’s biggest asset manager - $4.7 trillion worth of assets - also has a lofty share price, in the $350s. More...

FINANCIAL, ASSET MANAGEMENT, MUTUAL FUNDS, LONG


  • Currently 4.50/5

Rating: 4.5/5 (4 votes)

Berkshire Hathaway: an 80 cent dollar? Charlie Munger,Tom Gayner - Berkshire Hathaway: An 80 Cent Dollar?
“It is better to be roughly right than precisely wrong.” More...

  • Currently 0.00/5

Rating: 0.0/5 (0 votes)

Markel CIO Tom Gayner Buys Deere & Co, Unilever, Schlumberger, Sells Berkshire Hathaway, Teva, Brown & Brown Tom Gayner - Markel CIO Tom Gayner Buys Deere & Co, Unilever, Schlumberger, Sells Berkshire Hathaway, Teva, Brown & Brown
Markel CIO Tom Gayner (Trades, Portfolio) just reported his fourth quarter portfolio. Mr. Gayner said that he has the luxury of not selling stocks as Markel rarely needed money from its investment arm. But Tom Gayner (Trades, Portfolio) sold most of his Berkshire Class A position, which he has owned for years. More...

  • Currently 3.25/5

Rating: 3.3/5 (4 votes)

A Look at Tom Gayner's New Buys Tom Gayner - A Look At Tom Gayner's New Buys
Tom Gayner (Trades, Portfolio) is the Executive Vice President and Chief Investment Officer Of Markel Corp and President of Markel Gayner Asset Management, Inc., the investment subsidiary of Markel Corp since December 1990. He thinks stock is part of a business and the business is worth what the present value of the future cash flows are. "We operate with a margin of safety in the investment portfolio." he has said. He has a relatively concentrated portfolio. He believes that he can earn the best returns by concentrating his focus and portfolio in promising areas where he has the best understanding and knowledge. More...

TOM GAYNER


  • Currently 0.00/5

Rating: 0.0/5 (0 votes)

Markel CIO Tom Gayner Buys Deere, Unilever, Marsh & McLennan, Sells Teva, International Game, Northern Trust Tom Gayner - Markel CIO Tom Gayner Buys Deere, Unilever, Marsh & McLennan, Sells Teva, International Game, Northern Trust
Markel CIO Tom Gayner (Trades, Portfolio) Buys Deere, Unilever, Marsh & McLennan, Sells Teva, International Game, Northern Trust More...

Add Notes, Comments

If you want to ask a question or report a bug, please create a support ticket.

User Comments


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)

GuruFocus Premium Plus Membership

FEEDBACK