Douglass Winthrop Advisors buys $55,925,459 stake in Markel Corporation (MKL)

Markel Corporation (MKL) : Douglass Winthrop Advisors scooped up 2,250 additional shares in Markel Corporation during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Jul 13, 2016. The investment management firm now holds a total of 59,530 shares of Markel Corporation which is valued at $55,925,459.Markel Corporation makes up approximately 4.08% of Douglass Winthrop Advisors’s portfolio.

Other Hedge Funds, Including , Baxter Bros Inc reduced its stake in MKL by selling 25 shares or 2.83% in the most recent quarter. The Hedge Fund company now holds 859 shares of MKL which is valued at $813,928. Markel Corporation makes up approx 0.25% of Baxter Bros Inc’s portfolio.Next Financial Group Inc boosted its stake in MKL in the latest quarter, The investment management firm added 84 additional shares and now holds a total of 220 shares of Markel Corporation which is valued at $208,457. Markel Corporation makes up approx 0.07% of Next Financial Group Inc’s portfolio.

Markel Corporation closed down -1.42 points or -0.15% at $942.34 with 13,241 shares getting traded on Monday. Post opening the session at $943.16, the shares hit an intraday low of $938.35 and an intraday high of $947.01 and the price fluctuated in this range throughout the day.Shares ended Monday 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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