Avenir Corp Lowers stake in Markel Corporation (MKL)

Markel Corporation (MKL) : Avenir Corp reduced its stake in Markel Corporation by 7.47% during the most recent quarter end. The investment management company now holds a total of 109,894 shares of Markel Corporation which is valued at $96,374,840 after selling 8,873 shares in Markel Corporation , the firm said in a disclosure report filed with the SEC on Nov 14, 2016.Markel Corporation makes up approximately 8.32% of Avenir Corp’s portfolio.

Other Hedge Funds, Including , Vanguard Group Inc boosted its stake in MKL in the latest quarter, The investment management firm added 26,287 additional shares and now holds a total of 1,018,444 shares of Markel Corporation which is valued at $893,155,019. Markel Corporation makes up approx 0.05% of Vanguard Group Inc’s portfolio.Epoch Investment Partners boosted its stake in MKL in the latest quarter, The investment management firm added 8,026 additional shares and now holds a total of 37,856 shares of Markel Corporation which is valued at $32,686,385. Markel Corporation makes up approx 0.12% of Epoch Investment Partners’s portfolio.Check Capital Management Incca reduced its stake in MKL by selling 255 shares or 27.96% in the most recent quarter. The Hedge Fund company now holds 657 shares of MKL which is valued at $569,179. Markel Corporation makes up approx 0.06% of Check Capital Management Incca’s portfolio.Jacobson Schmitt Advisors boosted its stake in MKL in the latest quarter, The investment management firm added 127 additional shares and now holds a total of 4,746 shares of Markel Corporation which is valued at $4,111,602. Markel Corporation makes up approx 3.40% of Jacobson Schmitt Advisors’s portfolio.Ls Investment Advisors reduced its stake in MKL by selling 154 shares or 28.68% in the most recent quarter. The Hedge Fund company now holds 383 shares of MKL which is valued at $322,130. Markel Corporation makes up approx 0.02% of Ls Investment Advisors’s portfolio.

Markel Corporation opened for trading at $870.07 and hit $886 on the upside on Monday, eventually ending the session at $882.92, with a gain of 1.03% or 8.99 points. The heightened volatility saw the trading volume jump to 80,215 shares. Company has a market cap of $12,353 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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