MARKEL CORP

Ticker: MKL CUSIP: 570535104 Class: COMMON STOCK

Davis Selected Advisers's Holding History (CIK: 0001036325)

Note: Option positions (PUT/CALL) are excluded.

Q4 2025

Shares 415,160 Value ($000) $892,496 Avg Close $2025.92 Range $1812.24 - $2207.59

Q3 2025

Shares 373,528 Value ($000) $713,946 Avg Close $1960.42 Range $1889.91 - $2075.92

Q2 2025

Shares 371,131 Value ($000) $741,282 Avg Close $1875.20 Range $1621.89 - $2004.24

Q1 2025

Shares 371,469 Value ($000) $694,502 Avg Close $1839.75 Range $1641.51 - $2063.68

Q4 2024

Shares 370,522 Value ($000) $639,606 Avg Close $1659.34 Range $1521.25 - $1809.11

Q3 2024

Shares 289,600 Value ($000) $454,261 Avg Close $1565.15 Range $1491.03 - $1660.74

Q2 2024

Shares 287,061 Value ($000) $452,311 Avg Close $1552.86 Range $1417.65 - $1670.24

Q1 2024

Shares 286,091 Value ($000) $435,282 Avg Close $1466.28 Range $1342.66 - $1534.62

Q4 2023

Shares 300,604 Value ($000) $426,849 Avg Close $1418.73 Range $1295.65 - $1528.08

Q3 2023

Shares 262,103 Value ($000) $385,955 Avg Close $1463.82 Range $1345.00 - $1560.00

Q2 2023

Shares 265,233 Value ($000) $366,870 Avg Close $1340.97 Range $1272.43 - $1400.00

Q1 2023

Shares 245,656 Value ($000) $313,804 Avg Close $1328.48 Range $1186.56 - $1458.56

Q4 2022

Shares 250,362 Value ($000) $329,849 Avg Close $1237.05 Range $1085.09 - $1356.37

Q3 2022

Shares 208,220 Value ($000) $225,756 Avg Close $1220.12 Range $1064.09 - $1335.10

Q2 2022

Shares 211,457 Value ($000) $273,467 Avg Close $1372.21 Range $1251.77 - $1519.25

Q1 2022

Shares 216,073 Value ($000) $318,760 Avg Close $1291.81 Range $1180.00 - $1513.00

Q4 2021

Shares 219,505 Value ($000) $270,869 Avg Close $1261.86 Range $1179.00 - $1343.56

Q3 2021

Shares 220,001 Value ($000) $262,930 Avg Close $1232.92 Range $1175.35 - $1288.00

Q2 2021

Shares 224,821 Value ($000) $266,797 Avg Close $1198.75 Range $1138.00 - $1268.96

Q1 2021

Shares 215,341 Value ($000) $245,407 Avg Close $1078.65 Range $942.44 - $1169.50

Q4 2020

Shares 197,477 Value ($000) $204,053 Avg Close $996.82 Range $913.04 - $1073.43

Q3 2020

Shares 201,320 Value ($000) $196,025 Avg Close $1015.77 Range $881.00 - $1124.00

Q2 2020

Shares 207,800 Value ($000) $191,835 Avg Close $908.95 Range $761.06 - $1049.56

Q1 2020

Shares 205,300 Value ($000) $190,496 Avg Close $1143.50 Range $710.52 - $1347.64

Q4 2019

Shares 216,521 Value ($000) $247,520 Avg Close $1138.97 Range $1100.00 - $1216.47

Q3 2019

Shares 225,069 Value ($000) $266,009 Avg Close $1136.16 Range $1065.01 - $1204.45

Q2 2019

Shares 235,429 Value ($000) $256,523 Avg Close $1047.93 Range $970.42 - $1099.00

Q1 2019

Shares 238,632 Value ($000) $237,735 Avg Close $1015.52 Range $950.16 - $1081.00

Q4 2018

Shares 246,090 Value ($000) $255,320 Avg Close $1093.58 Range $954.39 - $1203.43

Q3 2018

Shares 242,399 Value ($000) $288,089 Avg Close $1176.81 Range $1078.02 - $1228.32

Q2 2018

Shares 249,562 Value ($000) $270,613 Avg Close $1129.38 Range $1083.92 - $1180.00

Q1 2018

Shares 252,800 Value ($000) $295,839 Avg Close $1125.56 Range $1049.95 - $1194.98

Q4 2017

Shares 256,000 Value ($000) $291,617 Avg Close $1093.18 Range $1054.20 - $1157.30

Q3 2017

Shares 264,054 Value ($000) $282,018 Avg Close $1034.02 Range $963.79 - $1086.68

Q2 2017

Shares 276,033 Value ($000) $269,370 Avg Close $970.65 Range $936.95 - $996.38

Q1 2017

Shares 281,185 Value ($000) $274,397 Avg Close $945.13 Range $887.40 - $992.00

Q4 2016

Shares 271,805 Value ($000) $245,848 Avg Close $891.63 Range $811.05 - $931.94

Q3 2016

Shares 279,791 Value ($000) $259,861 Avg Close $933.01 Range $909.84 - $961.78

Q2 2016

Shares 287,801 Value ($000) $274,211 Avg Close $931.24 Range $880.01 - $989.18

Q1 2016

Shares 330,052 Value ($000) $294,264 Avg Close $859.54 Range $805.03 - $895.03

Q4 2015

Shares 338,336 Value ($000) $298,869 Avg Close $870.15 Range $791.97 - $937.91

Q3 2015

Shares 342,769 Value ($000) $274,853 Avg Close $846.01 Range $775.00 - $898.08

Q2 2015

Shares 351,587 Value ($000) $281,509 Avg Close $777.66 Range $736.96 - $821.00

Q1 2015

Shares 352,590 Value ($000) $271,128 Avg Close $722.91 Range $660.05 - $783.50

Q4 2014

Shares 351,824 Value ($000) $240,240 Avg Close $678.17 Range $632.65 - $707.36

Q3 2014

Shares 344,882 Value ($000) $219,397 Avg Close $645.09 Range $623.90 - $666.00

Q2 2014

Shares 329,134 Value ($000) $215,790 Avg Close $630.07 Range $593.76 - $655.75

Q1 2014

Shares 347,245 Value ($000) $206,993 Avg Close $569.59 Range $527.17 - $596.87

Q4 2013

Shares 302,859 Value ($000) $175,764 Avg Close $542.65 Range $511.06 - $582.59

Q3 2013

Shares 325,293 Value ($000) $168,427 Avg Close $525.40 Range $506.64 - $549.09

Q2 2013

Shares 314,363 Value ($000) $165,654 Avg Close $523.59 Range $501.76 - $546.94

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	415,160	$892,496	$2025.92	$1812.24 - $2207.59
Q3 2025	373,528	$713,946	$1960.42	$1889.91 - $2075.92
Q2 2025	371,131	$741,282	$1875.20	$1621.89 - $2004.24
Q1 2025	371,469	$694,502	$1839.75	$1641.51 - $2063.68
Q4 2024	370,522	$639,606	$1659.34	$1521.25 - $1809.11
Q3 2024	289,600	$454,261	$1565.15	$1491.03 - $1660.74
Q2 2024	287,061	$452,311	$1552.86	$1417.65 - $1670.24
Q1 2024	286,091	$435,282	$1466.28	$1342.66 - $1534.62
Q4 2023	300,604	$426,849	$1418.73	$1295.65 - $1528.08
Q3 2023	262,103	$385,955	$1463.82	$1345.00 - $1560.00
Q2 2023	265,233	$366,870	$1340.97	$1272.43 - $1400.00
Q1 2023	245,656	$313,804	$1328.48	$1186.56 - $1458.56
Q4 2022	250,362	$329,849	$1237.05	$1085.09 - $1356.37
Q3 2022	208,220	$225,756	$1220.12	$1064.09 - $1335.10
Q2 2022	211,457	$273,467	$1372.21	$1251.77 - $1519.25
Q1 2022	216,073	$318,760	$1291.81	$1180.00 - $1513.00
Q4 2021	219,505	$270,869	$1261.86	$1179.00 - $1343.56
Q3 2021	220,001	$262,930	$1232.92	$1175.35 - $1288.00
Q2 2021	224,821	$266,797	$1198.75	$1138.00 - $1268.96
Q1 2021	215,341	$245,407	$1078.65	$942.44 - $1169.50
Q4 2020	197,477	$204,053	$996.82	$913.04 - $1073.43
Q3 2020	201,320	$196,025	$1015.77	$881.00 - $1124.00
Q2 2020	207,800	$191,835	$908.95	$761.06 - $1049.56
Q1 2020	205,300	$190,496	$1143.50	$710.52 - $1347.64
Q4 2019	216,521	$247,520	$1138.97	$1100.00 - $1216.47
Q3 2019	225,069	$266,009	$1136.16	$1065.01 - $1204.45
Q2 2019	235,429	$256,523	$1047.93	$970.42 - $1099.00
Q1 2019	238,632	$237,735	$1015.52	$950.16 - $1081.00
Q4 2018	246,090	$255,320	$1093.58	$954.39 - $1203.43
Q3 2018	242,399	$288,089	$1176.81	$1078.02 - $1228.32
Q2 2018	249,562	$270,613	$1129.38	$1083.92 - $1180.00
Q1 2018	252,800	$295,839	$1125.56	$1049.95 - $1194.98
Q4 2017	256,000	$291,617	$1093.18	$1054.20 - $1157.30
Q3 2017	264,054	$282,018	$1034.02	$963.79 - $1086.68
Q2 2017	276,033	$269,370	$970.65	$936.95 - $996.38
Q1 2017	281,185	$274,397	$945.13	$887.40 - $992.00
Q4 2016	271,805	$245,848	$891.63	$811.05 - $931.94
Q3 2016	279,791	$259,861	$933.01	$909.84 - $961.78
Q2 2016	287,801	$274,211	$931.24	$880.01 - $989.18
Q1 2016	330,052	$294,264	$859.54	$805.03 - $895.03
Q4 2015	338,336	$298,869	$870.15	$791.97 - $937.91
Q3 2015	342,769	$274,853	$846.01	$775.00 - $898.08
Q2 2015	351,587	$281,509	$777.66	$736.96 - $821.00
Q1 2015	352,590	$271,128	$722.91	$660.05 - $783.50
Q4 2014	351,824	$240,240	$678.17	$632.65 - $707.36
Q3 2014	344,882	$219,397	$645.09	$623.90 - $666.00
Q2 2014	329,134	$215,790	$630.07	$593.76 - $655.75
Q1 2014	347,245	$206,993	$569.59	$527.17 - $596.87
Q4 2013	302,859	$175,764	$542.65	$511.06 - $582.59
Q3 2013	325,293	$168,427	$525.40	$506.64 - $549.09
Q2 2013	314,363	$165,654	$523.59	$501.76 - $546.94