MARKEL CORP

Ticker: MKL CUSIP: 570535104 Class: COMMON STOCK

CONFLUENCE INVESTMENT MANAGEMENT LLC's Holding History (CIK: 0001442056)

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

Q1 2025

Shares 150 Value ($000) $280 Avg Close $1839.75 Range $1641.51 - $2063.68

Q4 2024

Shares 33,473 Value ($000) $57,783 Avg Close $1659.34 Range $1521.25 - $1809.11

Q3 2024

Shares 34,434 Value ($000) $54,013 Avg Close $1565.15 Range $1491.03 - $1660.74

Q2 2024

Shares 38,667 Value ($000) $60,927 Avg Close $1552.86 Range $1417.65 - $1670.24

Q1 2024

Shares 40,051 Value ($000) $60,937 Avg Close $1466.28 Range $1342.66 - $1534.62

Q4 2023

Shares 40,508 Value ($000) $57,518 Avg Close $1418.73 Range $1295.65 - $1528.08

Q3 2023

Shares 41,941 Value ($000) $61,758 Avg Close $1463.82 Range $1345.00 - $1560.00

Q2 2023

Shares 43,294 Value ($000) $59,884 Avg Close $1340.97 Range $1272.43 - $1400.00

Q1 2023

Shares 44,894 Value ($000) $57,349 Avg Close $1328.48 Range $1186.56 - $1458.56

Q4 2022

Shares 47,639 Value ($000) $63 Avg Close $1237.05 Range $1085.09 - $1356.37

Q3 2022

Shares 49,118 Value ($000) $53,256 Avg Close $1220.12 Range $1064.09 - $1335.10

Q2 2022

Shares 50,647 Value ($000) $65,500 Avg Close $1372.21 Range $1251.77 - $1519.25

Q1 2022

Shares 51,934 Value ($000) $76,615 Avg Close $1291.81 Range $1180.00 - $1513.00

Q4 2021

Shares 52,174 Value ($000) $64,383 Avg Close $1261.86 Range $1179.00 - $1343.56

Q3 2021

Shares 52,638 Value ($000) $62,909 Avg Close $1232.92 Range $1175.35 - $1288.00

Q2 2021

Shares 53,456 Value ($000) $63,437 Avg Close $1198.75 Range $1138.00 - $1268.96

Q1 2021

Shares 52,880 Value ($000) $60,264 Avg Close $1078.65 Range $942.44 - $1169.50

Q4 2020

Shares 51,158 Value ($000) $52,862 Avg Close $996.82 Range $913.04 - $1073.43

Q3 2020

Shares 50,186 Value ($000) $48,866 Avg Close $1015.77 Range $881.00 - $1124.00

Q2 2020

Shares 51,398 Value ($000) $47,449 Avg Close $908.95 Range $761.06 - $1049.56

Q1 2020

Shares 52,910 Value ($000) $49,095 Avg Close $1143.50 Range $710.52 - $1347.64

Q4 2019

Shares 55,923 Value ($000) $60,934 Avg Close $1138.97 Range $1100.00 - $1216.47

Q3 2019

Shares 55,134 Value ($000) $65,163 Avg Close $1136.16 Range $1065.01 - $1204.45

Q2 2019

Shares 55,923 Value ($000) $60,934 Avg Close $1047.93 Range $970.42 - $1099.00

Q1 2019

Shares 56,974 Value ($000) $56,760 Avg Close $1015.52 Range $950.16 - $1081.00

Q4 2018

Shares 59,357 Value ($000) $61,616 Avg Close $1093.58 Range $954.39 - $1203.43

Q3 2018

Shares 61,467 Value ($000) $73,053 Avg Close $1176.81 Range $1078.02 - $1228.32

Q2 2018

Shares 65,388 Value ($000) $70,903 Avg Close $1129.38 Range $1083.92 - $1180.00

Q1 2018

Shares 67,712 Value ($000) $79,240 Avg Close $1125.56 Range $1049.95 - $1194.98

Q4 2017

Shares 70,253 Value ($000) $80,027 Avg Close $1093.18 Range $1054.20 - $1157.30

Q3 2017

Shares 72,047 Value ($000) $76,945 Avg Close $1034.02 Range $963.79 - $1086.68

Q2 2017

Shares 67,637 Value ($000) $66,004 Avg Close $970.65 Range $936.95 - $996.38

Q1 2017

Shares 61,336 Value ($000) $59,855 Avg Close $945.13 Range $887.40 - $992.00

Q4 2016

Shares 56,800 Value ($000) $51,376 Avg Close $891.63 Range $811.05 - $931.94

Q3 2016

Shares 56,410 Value ($000) $52,392 Avg Close $933.01 Range $909.84 - $961.78

Q2 2016

Shares 54,915 Value ($000) $52,322 Avg Close $931.24 Range $880.01 - $989.18

Q1 2016

Shares 53,249 Value ($000) $47,475 Avg Close $859.54 Range $805.03 - $895.03

Q4 2015

Shares 51,738 Value ($000) $45,703 Avg Close $870.15 Range $791.97 - $937.91

Q3 2015

Shares 48,780 Value ($000) $39,115 Avg Close $846.01 Range $775.00 - $898.08

Q2 2015

Shares 44,007 Value ($000) $35,236 Avg Close $777.66 Range $736.96 - $821.00

Q1 2015

Shares 39,682 Value ($000) $30,514 Avg Close $722.91 Range $660.05 - $783.50

Q4 2014

Shares 34,402 Value ($000) $23,491 Avg Close $678.17 Range $632.65 - $707.36

Q3 2014

Shares 30,507 Value ($000) $19,407 Avg Close $645.09 Range $623.90 - $666.00

Q2 2014

Shares 29,312 Value ($000) $19,218 Avg Close $630.07 Range $593.76 - $655.75

Q1 2014

Shares 25,948 Value ($000) $15,468 Avg Close $569.59 Range $527.17 - $596.87

Q4 2013

Shares 23,864 Value ($000) $13,849 Avg Close $542.65 Range $511.06 - $582.59

Q3 2013

Shares 23,241 Value ($000) $12,033 Avg Close $525.40 Range $506.64 - $549.09

Q2 2013

Shares 20,051 Value ($000) $10,566 Avg Close $523.59 Range $501.76 - $546.94

Period	Shares	Value ($000)	Average Close	Price Range
Q1 2025	150	$280	$1839.75	$1641.51 - $2063.68
Q4 2024	33,473	$57,783	$1659.34	$1521.25 - $1809.11
Q3 2024	34,434	$54,013	$1565.15	$1491.03 - $1660.74
Q2 2024	38,667	$60,927	$1552.86	$1417.65 - $1670.24
Q1 2024	40,051	$60,937	$1466.28	$1342.66 - $1534.62
Q4 2023	40,508	$57,518	$1418.73	$1295.65 - $1528.08
Q3 2023	41,941	$61,758	$1463.82	$1345.00 - $1560.00
Q2 2023	43,294	$59,884	$1340.97	$1272.43 - $1400.00
Q1 2023	44,894	$57,349	$1328.48	$1186.56 - $1458.56
Q4 2022	47,639	$63	$1237.05	$1085.09 - $1356.37
Q3 2022	49,118	$53,256	$1220.12	$1064.09 - $1335.10
Q2 2022	50,647	$65,500	$1372.21	$1251.77 - $1519.25
Q1 2022	51,934	$76,615	$1291.81	$1180.00 - $1513.00
Q4 2021	52,174	$64,383	$1261.86	$1179.00 - $1343.56
Q3 2021	52,638	$62,909	$1232.92	$1175.35 - $1288.00
Q2 2021	53,456	$63,437	$1198.75	$1138.00 - $1268.96
Q1 2021	52,880	$60,264	$1078.65	$942.44 - $1169.50
Q4 2020	51,158	$52,862	$996.82	$913.04 - $1073.43
Q3 2020	50,186	$48,866	$1015.77	$881.00 - $1124.00
Q2 2020	51,398	$47,449	$908.95	$761.06 - $1049.56
Q1 2020	52,910	$49,095	$1143.50	$710.52 - $1347.64
Q4 2019	55,923	$60,934	$1138.97	$1100.00 - $1216.47
Q3 2019	55,134	$65,163	$1136.16	$1065.01 - $1204.45
Q2 2019	55,923	$60,934	$1047.93	$970.42 - $1099.00
Q1 2019	56,974	$56,760	$1015.52	$950.16 - $1081.00
Q4 2018	59,357	$61,616	$1093.58	$954.39 - $1203.43
Q3 2018	61,467	$73,053	$1176.81	$1078.02 - $1228.32
Q2 2018	65,388	$70,903	$1129.38	$1083.92 - $1180.00
Q1 2018	67,712	$79,240	$1125.56	$1049.95 - $1194.98
Q4 2017	70,253	$80,027	$1093.18	$1054.20 - $1157.30
Q3 2017	72,047	$76,945	$1034.02	$963.79 - $1086.68
Q2 2017	67,637	$66,004	$970.65	$936.95 - $996.38
Q1 2017	61,336	$59,855	$945.13	$887.40 - $992.00
Q4 2016	56,800	$51,376	$891.63	$811.05 - $931.94
Q3 2016	56,410	$52,392	$933.01	$909.84 - $961.78
Q2 2016	54,915	$52,322	$931.24	$880.01 - $989.18
Q1 2016	53,249	$47,475	$859.54	$805.03 - $895.03
Q4 2015	51,738	$45,703	$870.15	$791.97 - $937.91
Q3 2015	48,780	$39,115	$846.01	$775.00 - $898.08
Q2 2015	44,007	$35,236	$777.66	$736.96 - $821.00
Q1 2015	39,682	$30,514	$722.91	$660.05 - $783.50
Q4 2014	34,402	$23,491	$678.17	$632.65 - $707.36
Q3 2014	30,507	$19,407	$645.09	$623.90 - $666.00
Q2 2014	29,312	$19,218	$630.07	$593.76 - $655.75
Q1 2014	25,948	$15,468	$569.59	$527.17 - $596.87
Q4 2013	23,864	$13,849	$542.65	$511.06 - $582.59
Q3 2013	23,241	$12,033	$525.40	$506.64 - $549.09
Q2 2013	20,051	$10,566	$523.59	$501.76 - $546.94