MARKEL CORP

Ticker: MKL CUSIP: 570535104 Class: COMMON STOCK

BAILLIE GIFFORD & CO's Holding History (CIK: 0001088875)

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

Q4 2025

Shares 188,437 Value ($000) $405,074 Avg Close $2025.92 Range $1812.24 - $2207.59

Q3 2025

Shares 196,886 Value ($000) $376,320 Avg Close $1960.42 Range $1889.91 - $2075.92

Q2 2025

Shares 201,623 Value ($000) $402,714 Avg Close $1875.20 Range $1621.89 - $2004.24

Q1 2025

Shares 210,484 Value ($000) $393,523 Avg Close $1839.75 Range $1641.51 - $2063.68

Q4 2024

Shares 227,220 Value ($000) $392,234 Avg Close $1659.34 Range $1521.25 - $1809.11

Q3 2024

Shares 259,115 Value ($000) $406,443 Avg Close $1565.15 Range $1491.03 - $1660.74

Q2 2024

Shares 268,746 Value ($000) $423,452 Avg Close $1552.86 Range $1417.65 - $1670.24

Q1 2024

Shares 272,713 Value ($000) $414,927 Avg Close $1466.28 Range $1342.66 - $1534.62

Q4 2023

Shares 290,056 Value ($000) $411,851 Avg Close $1418.73 Range $1295.65 - $1528.08

Q3 2023

Shares 302,681 Value ($000) $445,695 Avg Close $1463.82 Range $1345.00 - $1560.00

Q2 2023

Shares 309,298 Value ($000) $427,815 Avg Close $1340.97 Range $1272.43 - $1400.00

Q1 2023

Shares 317,434 Value ($000) $405,493 Avg Close $1328.48 Range $1186.56 - $1458.56

Q4 2022

Shares 350,054 Value ($000) $461,193 Avg Close $1237.05 Range $1085.09 - $1356.37

Q3 2022

Shares 364,493 Value ($000) $395,191 Avg Close $1220.12 Range $1064.09 - $1335.10

Q2 2022

Shares 377,193 Value ($000) $487,806 Avg Close $1372.21 Range $1251.77 - $1519.25

Q1 2022

Shares 385,725 Value ($000) $569,037 Avg Close $1291.81 Range $1180.00 - $1513.00

Q4 2021

Shares 420,673 Value ($000) $519,111 Avg Close $1261.86 Range $1179.00 - $1343.56

Q3 2021

Shares 420,780 Value ($000) $502,887 Avg Close $1232.92 Range $1175.35 - $1288.00

Q2 2021

Shares 429,858 Value ($000) $510,116 Avg Close $1198.75 Range $1138.00 - $1268.96

Q1 2021

Shares 422,604 Value ($000) $481,608 Avg Close $1078.65 Range $942.44 - $1169.50

Q4 2020

Shares 428,362 Value ($000) $442,626 Avg Close $996.82 Range $913.04 - $1073.43

Q3 2020

Shares 442,223 Value ($000) $430,592 Avg Close $1015.77 Range $881.00 - $1124.00

Q2 2020

Shares 448,799 Value ($000) $414,317 Avg Close $908.95 Range $761.06 - $1049.56

Q1 2020

Shares 540,628 Value ($000) $501,644 Avg Close $1143.50 Range $710.52 - $1347.64

Q4 2019

Shares 542,601 Value ($000) $620,285 Avg Close $1138.97 Range $1100.00 - $1216.47

Q3 2019

Shares 559,506 Value ($000) $661,280 Avg Close $1136.16 Range $1065.01 - $1204.45

Q2 2019

Shares 570,019 Value ($000) $621,094 Avg Close $1047.93 Range $970.42 - $1099.00

Q1 2019

Shares 551,849 Value ($000) $549,774 Avg Close $1015.52 Range $950.16 - $1081.00

Q4 2018

Shares 551,608 Value ($000) $572,597 Avg Close $1093.58 Range $954.39 - $1203.43

Q3 2018

Shares 557,110 Value ($000) $662,119 Avg Close $1176.81 Range $1078.02 - $1228.32

Q2 2018

Shares 550,655 Value ($000) $597,103 Avg Close $1129.38 Range $1083.92 - $1180.00

Q1 2018

Shares 544,429 Value ($000) $637,118 Avg Close $1125.56 Range $1049.95 - $1194.98

Q4 2017

Shares 539,761 Value ($000) $614,858 Avg Close $1093.18 Range $1054.20 - $1157.30

Q3 2017

Shares 549,071 Value ($000) $586,396 Avg Close $1034.02 Range $963.79 - $1086.68

Q2 2017

Shares 560,203 Value ($000) $546,680 Avg Close $970.65 Range $936.95 - $996.38

Q1 2017

Shares 557,056 Value ($000) $543,608 Avg Close $945.13 Range $887.40 - $992.00

Q4 2016

Shares 569,135 Value ($000) $514,783 Avg Close $891.63 Range $811.05 - $931.94

Q3 2016

Shares 903,999 Value ($000) $839,607 Avg Close $933.01 Range $909.84 - $961.78

Q2 2016

Shares 929,890 Value ($000) $885,981 Avg Close $931.24 Range $880.01 - $989.18

Q1 2016

Shares 952,379 Value ($000) $849,113 Avg Close $859.54 Range $805.03 - $895.03

Q4 2015

Shares 1,006,576 Value ($000) $889,159 Avg Close $870.15 Range $791.97 - $937.91

Q3 2015

Shares 992,136 Value ($000) $795,555 Avg Close $846.01 Range $775.00 - $898.08

Q2 2015

Shares 978,353 Value ($000) $783,348 Avg Close $777.66 Range $736.96 - $821.00

Q1 2015

Shares 947,445 Value ($000) $728,547 Avg Close $722.91 Range $660.05 - $783.50

Q4 2014

Shares 924,556 Value ($000) $631,323 Avg Close $678.17 Range $632.65 - $707.36

Q3 2014

Shares 879,294 Value ($000) $559,363 Avg Close $645.09 Range $623.90 - $666.00

Q2 2014

Shares 873,569 Value ($000) $572,747 Avg Close $630.07 Range $593.76 - $655.75

Q1 2014

Shares 813,259 Value ($000) $484,785 Avg Close $569.59 Range $527.17 - $596.87

Q4 2013

Shares 788,947 Value ($000) $457,865 Avg Close $542.65 Range $511.06 - $582.59

Q3 2013

Shares 788,669 Value ($000) $408,349 Avg Close $525.40 Range $506.64 - $549.09

Q2 2013

Shares 679,337 Value ($000) $357,977 Avg Close $523.59 Range $501.76 - $546.94

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	188,437	$405,074	$2025.92	$1812.24 - $2207.59
Q3 2025	196,886	$376,320	$1960.42	$1889.91 - $2075.92
Q2 2025	201,623	$402,714	$1875.20	$1621.89 - $2004.24
Q1 2025	210,484	$393,523	$1839.75	$1641.51 - $2063.68
Q4 2024	227,220	$392,234	$1659.34	$1521.25 - $1809.11
Q3 2024	259,115	$406,443	$1565.15	$1491.03 - $1660.74
Q2 2024	268,746	$423,452	$1552.86	$1417.65 - $1670.24
Q1 2024	272,713	$414,927	$1466.28	$1342.66 - $1534.62
Q4 2023	290,056	$411,851	$1418.73	$1295.65 - $1528.08
Q3 2023	302,681	$445,695	$1463.82	$1345.00 - $1560.00
Q2 2023	309,298	$427,815	$1340.97	$1272.43 - $1400.00
Q1 2023	317,434	$405,493	$1328.48	$1186.56 - $1458.56
Q4 2022	350,054	$461,193	$1237.05	$1085.09 - $1356.37
Q3 2022	364,493	$395,191	$1220.12	$1064.09 - $1335.10
Q2 2022	377,193	$487,806	$1372.21	$1251.77 - $1519.25
Q1 2022	385,725	$569,037	$1291.81	$1180.00 - $1513.00
Q4 2021	420,673	$519,111	$1261.86	$1179.00 - $1343.56
Q3 2021	420,780	$502,887	$1232.92	$1175.35 - $1288.00
Q2 2021	429,858	$510,116	$1198.75	$1138.00 - $1268.96
Q1 2021	422,604	$481,608	$1078.65	$942.44 - $1169.50
Q4 2020	428,362	$442,626	$996.82	$913.04 - $1073.43
Q3 2020	442,223	$430,592	$1015.77	$881.00 - $1124.00
Q2 2020	448,799	$414,317	$908.95	$761.06 - $1049.56
Q1 2020	540,628	$501,644	$1143.50	$710.52 - $1347.64
Q4 2019	542,601	$620,285	$1138.97	$1100.00 - $1216.47
Q3 2019	559,506	$661,280	$1136.16	$1065.01 - $1204.45
Q2 2019	570,019	$621,094	$1047.93	$970.42 - $1099.00
Q1 2019	551,849	$549,774	$1015.52	$950.16 - $1081.00
Q4 2018	551,608	$572,597	$1093.58	$954.39 - $1203.43
Q3 2018	557,110	$662,119	$1176.81	$1078.02 - $1228.32
Q2 2018	550,655	$597,103	$1129.38	$1083.92 - $1180.00
Q1 2018	544,429	$637,118	$1125.56	$1049.95 - $1194.98
Q4 2017	539,761	$614,858	$1093.18	$1054.20 - $1157.30
Q3 2017	549,071	$586,396	$1034.02	$963.79 - $1086.68
Q2 2017	560,203	$546,680	$970.65	$936.95 - $996.38
Q1 2017	557,056	$543,608	$945.13	$887.40 - $992.00
Q4 2016	569,135	$514,783	$891.63	$811.05 - $931.94
Q3 2016	903,999	$839,607	$933.01	$909.84 - $961.78
Q2 2016	929,890	$885,981	$931.24	$880.01 - $989.18
Q1 2016	952,379	$849,113	$859.54	$805.03 - $895.03
Q4 2015	1,006,576	$889,159	$870.15	$791.97 - $937.91
Q3 2015	992,136	$795,555	$846.01	$775.00 - $898.08
Q2 2015	978,353	$783,348	$777.66	$736.96 - $821.00
Q1 2015	947,445	$728,547	$722.91	$660.05 - $783.50
Q4 2014	924,556	$631,323	$678.17	$632.65 - $707.36
Q3 2014	879,294	$559,363	$645.09	$623.90 - $666.00
Q2 2014	873,569	$572,747	$630.07	$593.76 - $655.75
Q1 2014	813,259	$484,785	$569.59	$527.17 - $596.87
Q4 2013	788,947	$457,865	$542.65	$511.06 - $582.59
Q3 2013	788,669	$408,349	$525.40	$506.64 - $549.09
Q2 2013	679,337	$357,977	$523.59	$501.76 - $546.94