Thomas Gayner - Markel Asset Management

History Stock Activity Share change % change to portfolio
Q4  2013
ADP - Automatic Data Processing Inc. Reduce 0.08% 400 0.00
CAT - Caterpillar Inc. Reduce 0.08% 200 0.00
EMR - Emerson Electric Reduce 0.12% 200 0.00
ITIC - Investors Title Co. Reduce 0.12% 250 0.00
DEO - Diageo plc Reduce 0.14% 1,705 0.01
KMX - CarMax Inc. Reduce 0.16% 8,231 0.01
BPY - Brookfield Property Partners Reduce 0.16% 276 0.00
ACN - Accenture Reduce 0.17% 200 0.00
BUD - Anheuser-Busch InBev Reduce 0.19% 803 0.00
DIS - Walt Disney Co. Reduce 0.21% 3,235 0.01
MCD - McDonald's Corp. Reduce 0.22% 413 0.00
NVO - Novo Nordisk A S Reduce 0.23% 2,500 0.00
GD - General Dynamics Reduce 0.24% 961 0.00
ORCL - Oracle Corp. Reduce 0.25% 1,600 0.00
BRK.B - Berkshire Hathaway CL B Reduce 0.27% 4,100 0.02
PDCO - Patterson Cos. Inc. Reduce 0.28% 400 0.00
UPS - United Parcel Service Reduce 0.31% 2,259 0.01
HD - Home Depot Reduce 0.34% 3,150 0.01
SCHW - Charles Schwab Reduce 0.40% 4,019 0.00
AXP - American Express Reduce 0.49% 1,737 0.00
ITW - Illinois Tool Works Reduce 0.66% 1,610 0.00
KO - Coca Cola Co. Reduce 0.75% 1,000 0.00
COST - Costco Co. Reduce 1.01% 400 0.00
L - Loews Corp. Reduce 2.37% 5,700 0.01
IGT - International Game Technology Reduce 12.80% 151,466 0.09
SYY - Sysco Corp. Reduce 21.29% 2,786 0.00
ACI - Arch Coal Reduce 37.88% 150,000 0.02
BK - Bank of New York Reduce 57.34% 150,000 0.16
OKE - ONEOK Inc. Reduce 90.91% 100,000 0.20
CRR - Carbo Ceramics Sell 100.00% 236,000 0.80
LUK - Leucadia National Corp. Sell 100.00% 390,433 0.36
NRP - Natural Resource Partners Sell 100.00% 10,190 0.07
ANR - Alpha Natural Resources Inc. Sell 100.00% 242,000 0.05
CNX - CONSOL Energy Inc. Sell 100.00% 30,000 0.03
Q3  2013
CG - Carlyle Group Add 575.00% 115,000 0.10
E - Eni SpA Add 360.00% 108,000 0.17
BLK - BlackRock Inc. Add 265.93% 24,200 0.23
KKR - KKR & Co. L.P. Add 108.70% 125,000 0.09
BX - The Blackstone Group Add 99.66% 116,500 0.10
CVX - Chevron Corp. Add 76.74% 33,000 0.14