Lafayette Investments Lowers stake in Markel Corporation (MKL)

Markel Corporation (MKL) : Lafayette Investments reduced its stake in Markel Corporation by 1.64% during the most recent quarter end. The investment management company now holds a total of 22,369 shares of Markel Corporation which is valued at $20,668,509 after selling 373 shares in Markel Corporation , the firm said in a disclosure report filed with the SEC on Aug 15, 2016.Markel Corporation makes up approximately 8.29% of Lafayette Investments’s portfolio.

Other Hedge Funds, Including , Squarepoint Ops sold out all of its stake in MKL during the most recent quarter. The investment firm sold 800 shares of MKL which is valued $739,184.Sentry Investments Corp. reduced its stake in MKL by selling 7,200 shares or 22.22% in the most recent quarter. The Hedge Fund company now holds 25,200 shares of MKL which is valued at $23,284,296. Markel Corporation makes up approx 0.31% of Sentry Investments Corp.’s portfolio.O’shaughnessy Asset Management reduced its stake in MKL by selling 8 shares or 1.04% in the most recent quarter. The Hedge Fund company now holds 758 shares of MKL which is valued at $700,377. Markel Corporation makes up approx 0.02% of O’shaughnessy Asset Management’s portfolio.Tredje Ap-fonden boosted its stake in MKL in the latest quarter, The investment management firm added 700 additional shares and now holds a total of 770 shares of Markel Corporation which is valued at $711,465. Markel Corporation makes up approx 0.03% of Tredje Ap-fonden’s portfolio.Atlanta Capital Group reduced its stake in MKL by selling 20 shares or 0.92% in the most recent quarter. The Hedge Fund company now holds 2,147 shares of MKL which is valued at $2,004,074. Markel Corporation makes up approx 0.43% of Atlanta Capital Group’s portfolio.

Markel Corporation closed down -1.57 points or -0.17% at $929.54 with 18,205 shares getting traded on Thursday. Post opening the session at $933.58, the shares hit an intraday low of $926.47 and an intraday high of $933.58 and the price fluctuated in this range throughout the day.Shares ended Thursday session in Red.

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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