Stack Financial Management Inc Lowers stake in Markel Corporation (MKL)

Markel Corporation (MKL) : Stack Financial Management Inc reduced its stake in Markel Corporation by 38.43% during the most recent quarter end. The investment management company now holds a total of 18,720 shares of Markel Corporation which is valued at $17,360,928 after selling 11,682 shares in Markel Corporation , the firm said in a disclosure report filed with the SEC on Aug 8, 2016.Markel Corporation makes up approximately 2.13% of Stack Financial Management Inc’s portfolio.

Other Hedge Funds, Including , Plante Moran Financial Advisors boosted its stake in MKL in the latest quarter, The investment management firm added 100 additional shares and now holds a total of 124 shares of Markel Corporation which is valued at $114,291. Markel Corporation makes up approx 0.08% of Plante Moran Financial Advisors’s portfolio.Mar Vista Investment Partners boosted its stake in MKL in the latest quarter, The investment management firm added 4,521 additional shares and now holds a total of 110,749 shares of Markel Corporation which is valued at $105,073,114. Markel Corporation makes up approx 6.05% of Mar Vista Investment Partners’s portfolio. Oakbrook Investments added MKL to its portfolio by purchasing 300 company shares during the most recent quarter which is valued at $285,888. Markel Corporation makes up approx 0.02% of Oakbrook Investments’s portfolio.

Markel Corporation opened for trading at $923.25 and hit $931.43 on the upside on Monday, eventually ending the session at $930.41, with a gain of 0.70% or 6.43 points. The heightened volatility saw the trading volume jump to 17,870 shares. Company has a market cap of $13,017 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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