Markel Corporation (MKL) : Douglass Winthrop Advisors reduced its stake in Markel Corporation by 4.76% during the most recent quarter end. The investment management company now holds a total of 57,280 shares of Markel Corporation which is valued at $51,501,021 after selling 2,863 shares in Markel Corporation , the firm said in a disclosure report filed with the SEC on Apr 26, 2016.Markel Corporation makes up approximately 3.68% of Douglass Winthrop Advisors’s portfolio.
Markel Corporation opened for trading at $897.69 and hit $914.99 on the upside on Monday, eventually ending the session at $911.06, with a gain of 1.33% or 11.95 points. The heightened volatility saw the trading volume jump to 32,992 shares. Company has a market cap of $12,720 M.
Other Hedge Funds, Including , Mu Investments Ltd. added MKL to its portfolio by purchasing 190 company shares during the most recent quarter which is valued at $170,831. Markel Corporation makes up approx 0.11% of Mu Investments Ltd.’s portfolio.Menlo Advisors reduced its stake in MKL by selling 34 shares or 0.4% in the most recent quarter. The Hedge Fund company now holds 8,419 shares of MKL which is valued at $7,666,173. Markel Corporation makes up approx 6.93% of Menlo Advisors’s portfolio.Kanaly Trust Co reduced its stake in MKL by selling 3 shares or 18.75% in the most recent quarter. The Hedge Fund company now holds 13 shares of MKL which is valued at $11,838.Lincoln Capital boosted its stake in MKL in the latest quarter, The investment management firm added 251 additional shares and now holds a total of 12,640 shares of Markel Corporation which is valued at $11,509,731. Markel Corporation makes up approx 8.49% of Lincoln Capital’s portfolio.
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.