MICROSOFT CORP

Ticker: MSFT CUSIP: 594918104 Class: Common Stock

MARKEL GROUP INC.'s Holding History (CIK: 0001096343)

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

Q4 2025

Shares 535,680 Value ($000) $259,066 Avg Close $500.58 Range $464.89 - $552.69

Q3 2025

Shares 532,080 Value ($000) $275,591 Avg Close $508.71 Range $486.99 - $553.50

Q2 2025

Shares 527,480 Value ($000) $262,374 Avg Close $432.38 Range $342.95 - $499.00

Q1 2025

Shares 522,730 Value ($000) $196,228 Avg Close $405.08 Range $365.28 - $445.10

Q4 2024

Shares 519,480 Value ($000) $218,961 Avg Close $422.35 Range $401.80 - $452.82

Q3 2024

Shares 514,980 Value ($000) $221,596 Avg Close $423.10 Range $381.30 - $463.16

Q2 2024

Shares 507,480 Value ($000) $226,818 Avg Close $417.26 Range $383.04 - $451.11

Q1 2024

Shares 502,830 Value ($000) $211,551 Avg Close $399.26 Range $361.12 - $425.28

Q4 2023

Shares 498,480 Value ($000) $187,448 Avg Close $350.36 Range $306.02 - $378.65

Q3 2023

Shares 492,480 Value ($000) $155,501 Avg Close $324.59 Range $304.29 - $359.90

Q2 2023

Shares 485,980 Value ($000) $165,496 Avg Close $307.21 Range $269.61 - $344.87

Q1 2023

Shares 479,980 Value ($000) $138,378 Avg Close $249.46 Range $214.23 - $283.22

Q4 2022

Shares 479,980 Value ($000) $115,109 Avg Close $234.05 Range $207.86 - $257.76

Q3 2022

Shares 479,980 Value ($000) $111,787 Avg Close $256.88 Range $226.66 - $285.90

Q2 2022

Shares 479,980 Value ($000) $123,273 Avg Close $263.43 Range $234.71 - $305.53

Q1 2022

Shares 479,980 Value ($000) $147,982 Avg Close $291.40 Range $261.79 - $327.04

Q4 2021

Shares 479,980 Value ($000) $161,427 Avg Close $313.41 Range $270.67 - $338.33

Q3 2021

Shares 479,980 Value ($000) $135,316 Avg Close $280.73 Range $259.89 - $295.39

Q2 2021

Shares 479,980 Value ($000) $130,027 Avg Close $244.73 Range $228.94 - $261.86

Q1 2021

Shares 479,300 Value ($000) $113,004 Avg Close $222.90 Range $203.36 - $236.17

Q4 2020

Shares 478,720 Value ($000) $106,477 Avg Close $206.04 Range $191.04 - $218.32

Q3 2020

Shares 478,620 Value ($000) $100,668 Avg Close $200.75 Range $187.82 - $222.85

Q2 2020

Shares 478,620 Value ($000) $97,404 Avg Close $173.06 Range $143.15 - $195.15

Q1 2020

Shares 478,620 Value ($000) $75,483 Avg Close $156.34 Range $126.17 - $181.07

Q4 2019

Shares 474,620 Value ($000) $74,847 Avg Close $139.23 Range $126.06 - $151.49

Q3 2019

Shares 463,200 Value ($000) $64,399 Avg Close $129.91 Range $123.34 - $134.72

Q2 2019

Shares 446,400 Value ($000) $59,800 Avg Close $119.52 Range $110.97 - $130.53

Q1 2019

Shares 412,300 Value ($000) $48,627 Avg Close $102.29 Range $90.94 - $113.53

Q4 2018

Shares 389,000 Value ($000) $39,510 Avg Close $100.00 Range $87.91 - $108.24

Q3 2018

Shares 387,000 Value ($000) $44,261 Avg Close $100.81 Range $90.95 - $107.41

Q2 2018

Shares 361,000 Value ($000) $35,598 Avg Close $89.76 Range $80.86 - $95.30

Q1 2018

Shares 339,000 Value ($000) $30,941 Avg Close $84.31 Range $77.10 - $89.85

Q4 2017

Shares 312,000 Value ($000) $26,688 Avg Close $75.26 Range $67.45 - $80.48

Q3 2017

Shares 312,000 Value ($000) $23,241 Avg Close $66.68 Range $61.92 - $69.52

Q2 2017

Shares 280,000 Value ($000) $19,300 Avg Close $62.32 Range $58.70 - $66.35

Q1 2017

Shares 243,000 Value ($000) $16,004 Avg Close $57.84 Range $55.73 - $59.91

Q4 2016

Shares 207,000 Value ($000) $12,863 Avg Close $53.94 Range $50.33 - $57.67

Q3 2016

Shares 192,000 Value ($000) $11,059 Avg Close $50.29 Range $44.75 - $52.45

Q2 2016

Shares 160,000 Value ($000) $8,187 Avg Close $45.98 Range $42.66 - $50.07

Q1 2016

Shares 64,000 Value ($000) $3,535 Avg Close $46.08 Range $42.20 - $49.07

Q4 2015

Shares 30,000 Value ($000) $1,664 Avg Close $45.92 Range $38.05 - $49.78

Q1 2015

Shares 318,000 Value ($000) $12,928 Avg Close $37.24 Range $34.29 - $40.84

Q4 2014

Shares 818,000 Value ($000) $37,996 Avg Close $39.88 Range $35.66 - $42.40

Q3 2014

Shares 818,000 Value ($000) $37,922 Avg Close $37.66 Range $34.56 - $40.29

Q2 2014

Shares 818,000 Value ($000) $34,111 Avg Close $33.96 Range $32.19 - $35.60

Q1 2014

Shares 818,000 Value ($000) $33,530 Avg Close $31.26 Range $28.73 - $34.69

Q4 2013

Shares 825,100 Value ($000) $30,867 Avg Close $30.02 Range $27.01 - $32.34

Q3 2013

Shares 802,300 Value ($000) $26,701 Avg Close $27.00 Range $25.36 - $29.79

Q2 2013

Shares 772,600 Value ($000) $26,689 Avg Close $26.70 Range $22.82 - $29.26

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	535,680	$259,066	$500.58	$464.89 - $552.69
Q3 2025	532,080	$275,591	$508.71	$486.99 - $553.50
Q2 2025	527,480	$262,374	$432.38	$342.95 - $499.00
Q1 2025	522,730	$196,228	$405.08	$365.28 - $445.10
Q4 2024	519,480	$218,961	$422.35	$401.80 - $452.82
Q3 2024	514,980	$221,596	$423.10	$381.30 - $463.16
Q2 2024	507,480	$226,818	$417.26	$383.04 - $451.11
Q1 2024	502,830	$211,551	$399.26	$361.12 - $425.28
Q4 2023	498,480	$187,448	$350.36	$306.02 - $378.65
Q3 2023	492,480	$155,501	$324.59	$304.29 - $359.90
Q2 2023	485,980	$165,496	$307.21	$269.61 - $344.87
Q1 2023	479,980	$138,378	$249.46	$214.23 - $283.22
Q4 2022	479,980	$115,109	$234.05	$207.86 - $257.76
Q3 2022	479,980	$111,787	$256.88	$226.66 - $285.90
Q2 2022	479,980	$123,273	$263.43	$234.71 - $305.53
Q1 2022	479,980	$147,982	$291.40	$261.79 - $327.04
Q4 2021	479,980	$161,427	$313.41	$270.67 - $338.33
Q3 2021	479,980	$135,316	$280.73	$259.89 - $295.39
Q2 2021	479,980	$130,027	$244.73	$228.94 - $261.86
Q1 2021	479,300	$113,004	$222.90	$203.36 - $236.17
Q4 2020	478,720	$106,477	$206.04	$191.04 - $218.32
Q3 2020	478,620	$100,668	$200.75	$187.82 - $222.85
Q2 2020	478,620	$97,404	$173.06	$143.15 - $195.15
Q1 2020	478,620	$75,483	$156.34	$126.17 - $181.07
Q4 2019	474,620	$74,847	$139.23	$126.06 - $151.49
Q3 2019	463,200	$64,399	$129.91	$123.34 - $134.72
Q2 2019	446,400	$59,800	$119.52	$110.97 - $130.53
Q1 2019	412,300	$48,627	$102.29	$90.94 - $113.53
Q4 2018	389,000	$39,510	$100.00	$87.91 - $108.24
Q3 2018	387,000	$44,261	$100.81	$90.95 - $107.41
Q2 2018	361,000	$35,598	$89.76	$80.86 - $95.30
Q1 2018	339,000	$30,941	$84.31	$77.10 - $89.85
Q4 2017	312,000	$26,688	$75.26	$67.45 - $80.48
Q3 2017	312,000	$23,241	$66.68	$61.92 - $69.52
Q2 2017	280,000	$19,300	$62.32	$58.70 - $66.35
Q1 2017	243,000	$16,004	$57.84	$55.73 - $59.91
Q4 2016	207,000	$12,863	$53.94	$50.33 - $57.67
Q3 2016	192,000	$11,059	$50.29	$44.75 - $52.45
Q2 2016	160,000	$8,187	$45.98	$42.66 - $50.07
Q1 2016	64,000	$3,535	$46.08	$42.20 - $49.07
Q4 2015	30,000	$1,664	$45.92	$38.05 - $49.78
Q1 2015	318,000	$12,928	$37.24	$34.29 - $40.84
Q4 2014	818,000	$37,996	$39.88	$35.66 - $42.40
Q3 2014	818,000	$37,922	$37.66	$34.56 - $40.29
Q2 2014	818,000	$34,111	$33.96	$32.19 - $35.60
Q1 2014	818,000	$33,530	$31.26	$28.73 - $34.69
Q4 2013	825,100	$30,867	$30.02	$27.01 - $32.34
Q3 2013	802,300	$26,701	$27.00	$25.36 - $29.79
Q2 2013	772,600	$26,689	$26.70	$22.82 - $29.26