Mar Vista Investment Partners Lowers stake in Markel Corporation (MKL)

Markel Corporation (MKL) : Mar Vista Investment Partners reduced its stake in Markel Corporation by 7.13% during the most recent quarter end. The investment management company now holds a total of 106,228 shares of Markel Corporation which is valued at $99,535,636 after selling 8,153 shares in Markel Corporation , the firm said in a disclosure report filed with the SEC on May 3, 2016.Markel Corporation makes up approximately 6.12% of Mar Vista Investment Partners’s portfolio.

Other Hedge Funds, Including , Jennison Associates boosted its stake in MKL in the latest quarter, The investment management firm added 1,138 additional shares and now holds a total of 3,540 shares of Markel Corporation which is valued at $3,316,980.Rhumbline Advisers boosted its stake in MKL in the latest quarter, The investment management firm added 103 additional shares and now holds a total of 10,670 shares of Markel Corporation which is valued at $9,997,790. Markel Corporation makes up approx 0.03% of Rhumbline Advisers’s portfolio.Greenleaf Trust reduced its stake in MKL by selling 115 shares or 20.65% in the most recent quarter. The Hedge Fund company now holds 442 shares of MKL which is valued at $397,407. Markel Corporation makes up approx 0.01% of Greenleaf Trust’s portfolio.Kirr Marbach Co In reduced its stake in MKL by selling 133 shares or 0.91% in the most recent quarter. The Hedge Fund company now holds 14,484 shares of MKL which is valued at $13,040,525. Markel Corporation makes up approx 2.63% of Kirr Marbach Co In’s portfolio.

Markel Corporation opened for trading at $953.01 and hit $964.96 on the upside on Tuesday, eventually ending the session at $957.88, with a gain of 0.75% or 7.09 points. The heightened volatility saw the trading volume jump to 60,239 shares. Company has a market cap of $13,380 M.

Markel Corporation is a financial holding company serving variety of markets. The Company markets and underwrites specialty insurance products. The Company also owns interests in various industrial and service businesses that operate outside of the specialty insurance marketplace. The Company operates in three segments: U.S. Insurance International Insurance and Reinsurance. The U.S. Insurance segment includes all direct business and facultative placements written by the Company’s insurance subsidiaries domiciled in the United States. The International Insurance segment includes all direct business and facultative placements written by the Company’s insurance subsidiaries domiciled outside of the United States including the Company’s syndicate at Lloyd’s. The Reinsurance segment includes all treaty reinsurance written across the Company. In the United States it writes business in the excess and surplus lines (E&S) and specialty admitted insurance and reinsurance markets.

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