Markel Corporation (MKL) : Montag A Associates Inc scooped up 20 additional shares in Markel Corporation during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Aug 2, 2016. The investment management firm now holds a total of 6,518 shares of Markel Corporation which is valued at $6,007,641.Markel Corporation makes up approximately 0.77% of Montag A Associates Inc’s portfolio.
Other Hedge Funds, Including , Cibc Asset Management Inc boosted its stake in MKL in the latest quarter, The investment management firm added 288 additional shares and now holds a total of 2,640 shares of Markel Corporation which is valued at $2,433,288. Markel Corporation makes up approx 0.02% of Cibc Asset Management Inc’s portfolio.Mraz Amerine Associates reduced its stake in MKL by selling 159 shares or 0.92% in the most recent quarter. The Hedge Fund company now holds 17,134 shares of MKL which is valued at $16,120,867. Markel Corporation makes up approx 5.61% of Mraz Amerine Associates’s portfolio.
Markel Corporation opened for trading at $932 and hit $936.88 on the upside on Monday, eventually ending the session at $933.43, with a gain of 0.19% or 1.81 points. The heightened volatility saw the trading volume jump to 25,670 shares. Company has a market cap of $13,059 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.