Buy/Sell Activity

Thomas Gayner - Markel Asset Management

Stock Activity Share change % change to portfolio
Q2  2011
hist APD - Air Products & Chemicals Add 1.92% 100 0.00
hist ADP - Automatic Data Processing Inc. Add 0.26% 1,200 0.00
hist SYY - Sysco Corp. Add 0.09% 704 0.00
hist UPS - United Parcel Service Add 0.03% 203 0.00
hist GD - General Dynamics Add 0.00% 2 0.00
hist ORCL - Oracle Corp. Buy 201,700 0.35
hist LEN - Lennar Corp. Buy 25,000 0.02
hist BRP - Brookfield Residential Properties Inc. Buy 27,000 0.01
hist BAM - Brookfield Asset Management Inc. Reduce 0.00% 147 0.00
hist DEO - Diageo plc Reduce 0.01% 98 0.00
hist LUK - Leucadia National Corp. Reduce 0.02% 134 0.00
hist HD - Home Depot Reduce 0.02% 197 0.00
hist MAR - Marriott Int'l. Reduce 0.02% 268 0.00
hist CAT - Caterpillar Inc. Reduce 0.03% 66 0.00
hist XOM - Exxon Mobil Corp. Reduce 0.06% 399 0.00
hist DIS - Walt Disney Co. Reduce 0.07% 1,000 0.00
hist WAG - Walgreen Co. Reduce 0.09% 200 0.00
hist NVO - Novo Nordisk A S Reduce 0.09% 200 0.00
hist MCD - McDonald's Corp. Reduce 0.10% 199 0.00
hist ITW - Illinois Tool Works Reduce 0.13% 329 0.00
hist NSH - NuStar GP Holdings LLC Reduce 0.17% 1,000 0.00
hist EPD - Enterprise Products Partners LP Reduce 0.20% 500 0.00
hist RLI - RLI Corp. Reduce 0.24% 1,500 0.00
hist KMX - CarMax Inc. Reduce 0.28% 14,814 0.03
hist IGT - International Game Technology Reduce 0.28% 3,207 0.00
hist KO - Coca Cola Co. Reduce 0.31% 400 0.00
hist GE - General Electric Reduce 0.43% 10,726 0.01
hist PDCO - Patterson Cos. Inc. Reduce 1.73% 2,400 0.00
hist CPB - Campbell Soup Reduce 2.02% 1,500 0.00
hist AXP - American Express Reduce 2.22% 8,796 0.02
hist FNF - Fidelity National Financial Inc. Reduce 2.38% 41,729 0.03
hist WTM - White Mountains Insurance Reduce 7.36% 6,000 0.13
hist WRE - Washington REIT Reduce 46.87% 190,967 0.33
hist FCE.A - Forest City Enterprises Inc. Sell 100.00% 11,400 0.01
Q1  2011
hist WU - Western Union Co. Add 52.50% 21,000 0.02
hist MSFT - Microsoft Corp. Add 40.94% 85,400 0.12
hist CLMT - Calumet Specialty Products Add 38.91% 10,000 0.01
hist PEP - PepsiCo Inc. Add 35.82% 24,000 0.08
hist CLX - Clorox Co. Add 33.33% 4,000 0.02
hist ABT - Abbott Labs Add 26.43% 18,500 0.05
hist TEVA - Teva Pharmaceutical Industries Ltd. Add 17.27% 21,000 0.06
hist KMB - Kimberly-Clark Add 16.39% 2,000 0.01
hist LOW - Lowe's Cos. Add 13.31% 41,100 0.06
hist BUD - Anheuser-Busch InBev Add 7.44% 19,800 0.06
hist EOG - EOG Resources Add 6.98% 5,500 0.04
hist WMT - Wal-Mart Stores Add 4.89% 48,302 0.14
hist FII - Federated Investors Inc. Add 4.23% 10,000 0.01
hist XOM - Exxon Mobil Corp. Add 4.14% 28,801 0.13
hist ADP - Automatic Data Processing Inc. Add 4.00% 18,000 0.05
hist SCHW - Charles Schwab Add 3.67% 34,000 0.03