Bessemer Group Inc buys $198,455,196 stake in Markel Corporation (MKL)

Markel Corporation (MKL) : Bessemer Group Inc scooped up 740 additional shares in Markel Corporation during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Aug 11, 2016. The investment management firm now holds a total of 214,783 shares of Markel Corporation which is valued at $198,455,196.Markel Corporation makes up approximately 1.06% of Bessemer Group Inc’s portfolio.

Other Hedge Funds, Including , Snyder Capital Management L P reduced its stake in MKL by selling 644 shares or 4.97% in the most recent quarter. The Hedge Fund company now holds 12,318 shares of MKL which is valued at $11,381,586. Markel Corporation makes up approx 0.71% of Snyder Capital Management L P’s portfolio.Mitsubishi Ufj Kokusai Asset Management Ltd. boosted its stake in MKL in the latest quarter, The investment management firm added 55 additional shares and now holds a total of 2,175 shares of Markel Corporation which is valued at $2,004,698. Markel Corporation makes up approx 0.05% of Mitsubishi Ufj Kokusai Asset Management Ltd.’s portfolio.Proficio Capital Partners boosted its stake in MKL in the latest quarter, The investment management firm added 65 additional shares and now holds a total of 68 shares of Markel Corporation which is valued at $64,515. Markel Corporation makes up approx 0.04% of Proficio Capital Partners’s portfolio.First Citizens Bank Trust Co reduced its stake in MKL by selling 112 shares or 5.63% in the most recent quarter. The Hedge Fund company now holds 1,879 shares of MKL which is valued at $1,782,701. Markel Corporation makes up approx 0.15% of First Citizens Bank Trust Co’s portfolio.First National Bank Of Omaha boosted its stake in MKL in the latest quarter, The investment management firm added 27 additional shares and now holds a total of 7,782 shares of Markel Corporation which is valued at $7,252,902. Markel Corporation makes up approx 0.55% of First National Bank Of Omaha’s portfolio.

Markel Corporation opened for trading at $931.74 and hit $934.79 on the upside on Tuesday, eventually ending the session at $930.65, with a gain of 0.16% or 1.49 points. The heightened volatility saw the trading volume jump to 19,371 shares. Company has a market cap of $13,021 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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