Broad Run Investment Management buys $200,145,253 stake in Markel Corporation (MKL)

Markel Corporation (MKL) : Broad Run Investment Management scooped up 2,643 additional shares in Markel Corporation during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Nov 14, 2016. The investment management firm now holds a total of 228,221 shares of Markel Corporation which is valued at $200,145,253.Markel Corporation makes up approximately 9.21% of Broad Run Investment Management’s portfolio.

Other Hedge Funds, Including , Van Den Berg Management I Inc reduced its stake in MKL by selling 28 shares or 4.44% in the most recent quarter. The Hedge Fund company now holds 602 shares of MKL which is valued at $519,791. Markel Corporation makes up approx 0.06% of Van Den Berg Management I Inc’s portfolio.Stratos Wealth Partners Ltd. reduced its stake in MKL by selling 6 shares or 1.34% in the most recent quarter. The Hedge Fund company now holds 442 shares of MKL which is valued at $373,203. Markel Corporation makes up approx 0.03% of Stratos Wealth Partners Ltd.’s portfolio.Windsor Financial Group reduced its stake in MKL by selling 95 shares or 1.45% in the most recent quarter. The Hedge Fund company now holds 6,454 shares of MKL which is valued at $5,726,182. Markel Corporation makes up approx 2.73% of Windsor Financial Group’s portfolio.Menlo Advisors reduced its stake in MKL by selling 2,012 shares or 23.9% in the most recent quarter. The Hedge Fund company now holds 6,407 shares of MKL which is valued at $5,778,409. Markel Corporation makes up approx 4.70% of Menlo 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.

Leave a Reply

Markel Corporation - Is it time to Sell?

Top Brokerage Firms are advising their investors on Markel Corporation. Subscribe to MoneyFlowIndex.Org Pre-Market Alerts, You will be the first to know the street buzz.