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Focused investors/Thomas Gayner

Thomas Gayner - Markel Asset Management

As of Q2 2026, Thomas Gayner reported 130 long-equity positions worth $13.13B in aggregate.

Copy-investor backtest

Latest quarter
+2.15%
1-year
+12.18%
3-year
+45.42%
5-year
+43.61%
3-year vs S&P 500
-21.77%
5-year vs S&P 500
-25.22%
5-year top 5
+48.42%

Return from mechanically copying the disclosed 13F equity portfolio after each filing and rebalancing at the next. The vs S&P 500 figures subtract SPY over that manager's own rebalance dates, so both sides cover the same days; both are price return, excluding dividends. Method & limitations.

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