Markel Corporation (MKL) : Madison Investment Holdings Inc reduced its stake in Markel Corporation by 0.65% during the most recent quarter end. The investment management company now holds a total of 108,435 shares of Markel Corporation which is valued at $103.9 Million after selling 712 shares in Markel Corporation , the firm said in a disclosure report filed with the SEC on May 12, 2016.Markel Corporation makes up approximately 2.21% of Madison Investment Holdings Inc’s portfolio.
Other Hedge Funds, Including , Blackrock Group Ltd boosted its stake in MKL in the latest quarter, The investment management firm added 7,613 additional shares and now holds a total of 82,683 shares of Markel Corporation which is valued at $79.2 Million. Markel Corporation makes up approx 0.04% of Blackrock Group Ltd’s portfolio. Hudock Capital Group sold out all of its stake in MKL during the most recent quarter. The investment firm sold 9 shares of MKL which is valued $8,433.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 $3.3 Million.
Markel Corporation opened for trading at $969.05 and hit $986.26 on the upside on Friday, eventually ending the session at $982.84, with a gain of 1.94% or 18.74 points. The heightened volatility saw the trading volume jump to 52,082 shares. Company has a market cap of $13,729 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.