Hutchinson Capital Managementca Lowers stake in Markel Corporation (MKL)

Markel Corporation (MKL) : Hutchinson Capital Managementca reduced its stake in Markel Corporation by 41.14% during the most recent quarter end. The investment management company now holds a total of 17,581 shares of Markel Corporation which is valued at $16,204,408 after selling 12,287 shares in Markel Corporation , the firm said in a disclosure report filed with the SEC on Aug 1, 2016.Markel Corporation makes up approximately 4.81% of Hutchinson Capital Managementca’s portfolio.

Other Hedge Funds, Including , Zurcher Kantonalbank (zurich Cantonalbank) boosted its stake in MKL in the latest quarter, The investment management firm added 4,617 additional shares and now holds a total of 7,524 shares of Markel Corporation which is valued at $6,934,871. Markel Corporation makes up approx 0.09% of Zurcher Kantonalbank (zurich Cantonalbank)’s portfolio.Daiwa Securities Group boosted its stake in MKL in the latest quarter, The investment management firm added 520 additional shares and now holds a total of 845 shares of Markel Corporation which is valued at $795,035.Clarkston Capital Partners reduced its stake in MKL by selling 219 shares or 0.74% in the most recent quarter. The Hedge Fund company now holds 29,334 shares of MKL which is valued at $27,954,129. Markel Corporation makes up approx 1.40% of Clarkston Capital Partners’s portfolio.Simplex Trading reduced its stake in MKL by selling 1,191 shares or 88.48% in the most recent quarter. The Hedge Fund company now holds 155 shares of MKL which is valued at $144,462. Markel Corporation makes up approx 0.02% of Simplex Trading’s portfolio. Leith Wheeler Investment Counsel Ltd. added MKL to its portfolio by purchasing 528 company shares during the most recent quarter which is valued at $500,296. Markel Corporation makes up approx 0.44% of Leith Wheeler Investment Counsel Ltd.’s portfolio.

Markel Corporation closed down -2.61 points or -0.28% at $919.09 with 24,859 shares getting traded on Thursday. Post opening the session at $919.93, the shares hit an intraday low of $914.53 and an intraday high of $924.999 and the price fluctuated in this range throughout the day.Shares ended Thursday session in Red.

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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