Markel Group (MKL) 13F: 208 positions worth $12.32B disclosed

Rhea-AI Filing Summary

Markel Group Inc. filed a Form 13F disclosing institutional holdings reported by its investment manager. The report lists 208 reported positions with a total reported market value of $12,320,986,843. The filing names Markel-Gayner Asset Management LLC as an additional included manager.

The Securities and Exchange Commission has not necessarily reviewed the information in this filing and has not determined if it is accurate and complete.
The reader should not assume that the information is accurate and complete.

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F

FORM 13F COVER PAGE

OMB APPROVAL

OMB Number:			3235-0006
Estimated average burden
hours per response:			23.8

Report for the Calendar Year or Quarter Ended: 09-30-2025

Check here if Amendment		Amendment Number:
This Amendment (Check only one.):		is a restatement.
		adds new holdings entries.

Institutional Investment Manager Filing this Report:
Name:	Markel Group Inc.
Address:	4521 Highwoods Pkwy
	Glen Allen, VA 23060
Form 13F File Number:	028-06647
CRD Number (if applicable):
SEC File Number (if applicable):

The institutional investment manager filing this report and the person by whom it is signed hereby represent that the person signing the report is authorized to submit it, that all information contained herein is true, correct and complete, and that it is understood that all required items, statements, schedules, lists, and tables, are considered integral parts of this form.

Person Signing this Report on Behalf of Reporting Manager:
Name:		Thomas S. Gayner
Title:		Chief Executive Officer
Phone:		804-527-3806
Signature, Place, and Date of Signing:
/s/ Thomas S. Gayner			Glen Allen, VA	10-31-2025
[Signature]			[City, State]	[Date]

Report Type (Check only one.):
X	13F HOLDINGS REPORT. (Check here if all holdings of this reporting manager are reported in this report.)
	13F NOTICE. (Check here if no holdings reported are in this report, and all holdings are reported by other reporting manager(s).)
	13F COMBINATION REPORT. (Check here if a portion of the holdings for this reporting manager are reported in this report and a portion are reported by other reporting manager(s).)

Form 13F Summary Page
	Report Summary:
	Number of Other Included Managers:		1
	Form 13F Information Table Entry Total:		208
	Form 13F Information Table Value Total:		12,320,986,843
			(round to nearest dollar)

List of Other Included Managers:
Provide a numbered list of the name(s) and Form 13F file number(s) of all institutional investment managers with respect to which this report is filed, other than the manager filing this report.
[If there are no entries in this list, state "NONE" and omit the column headings and list entries.]
	No.	Name	Form 13F File No.	CRD No. (if applicable)	SEC File No. (if applicable)	CIK
	1	Markel-Gayner Asset Management LLC	028-06056			0001034180

FAQ

What does Markel Group Inc.'s Form 13F show?

It lists 208 positions totaling $12,320,986,843. The Form 13F is a quarterly disclosure of institutional equity holdings filed by the investment manager and includes one additional manager, Markel-Gayner Asset Management LLC.

Who signed Markel Group Inc.'s 13F filing?

Thomas S. Gayner, Chief Executive Officer, signed the report. The signature block shows the filing was signed in Glen Allen, VA on 10-31-2025, certifying the filing's completeness under applicable rules.

How many managers are included in the report for MKL?

The report lists one other included manager. The named additional manager is Markel-Gayner Asset Management LLC with Form 13F file number 028-06056, shown on the filing's "List of Other Included Managers."

Is the Form 13F value total rounded or exact?

The filing presents a rounded value total of $12,320,986,843. The Form 13F Summary Page instructs values be rounded to the nearest dollar and reports the aggregate value for the 208 listed holdings.

What type of 13F report did Markel file?

Markel filed a 13F Holdings Report. The Report Type box is checked to indicate a 13F Holdings Report, meaning the filing reports the manager's holdings rather than a notice or combination report.