Avenir Corp Lowers stake in Markel Corporation (MKL)

Markel Corporation (MKL) : Avenir Corp reduced its stake in Markel Corporation by 2.09% during the most recent quarter end. The investment management company now holds a total of 118,767 shares of Markel Corporation which is valued at $109,738,333 after selling 2,532 shares in Markel Corporation , the firm said in a disclosure report filed with the SEC on Aug 12, 2016.Markel Corporation makes up approximately 8.59% of Avenir Corp’s portfolio.

Other Hedge Funds, Including , Barr E S Co reduced its stake in MKL by selling 1,353 shares or 1.81% in the most recent quarter. The Hedge Fund company now holds 73,486 shares of MKL which is valued at $67,899,594. Markel Corporation makes up approx 7.95% of Barr E S Co’s portfolio.Canada Pension Plan Investment Board boosted its stake in MKL in the latest quarter, The investment management firm added 3,519 additional shares and now holds a total of 7,183 shares of Markel Corporation which is valued at $6,636,948. Markel Corporation makes up approx 0.03% of Canada Pension Plan Investment Board’s portfolio.Thompson Siegel Walmsley reduced its stake in MKL by selling 1,665 shares or 5.78% in the most recent quarter. The Hedge Fund company now holds 27,144 shares of MKL which is valued at $25,287,893. Markel Corporation makes up approx 0.38% of Thompson Siegel Walmsley’s portfolio.Commonwealth Equity Services Inc reduced its stake in MKL by selling 51 shares or 2.13% in the most recent quarter. The Hedge Fund company now holds 2,340 shares of MKL which is valued at $2,179,991. Markel Corporation makes up approx 0.02% of Commonwealth Equity Services Inc’s portfolio.

Markel Corporation (MKL) witnessed a volatile trading activity on Monday , and eventually ended flat at 0.00% or -0.04 points without letting the bulls or bears take much advantage. The trading began at $931.5 and reached the intraday high at $936.01. The bulls started the profit booking and pushed the shares to intraday low of $929.06. The trading session was marked by a volume range of 21,815 shares exchanging hands. The 52-week high of the shares is $989.18 and the 52-week low is $775.695. The market cap of the company stands at $13,039 M and there are 1,39,90,839 shares in public circulation.

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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