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Focused investors/Thomas Gayner

Thomas Gayner - Markel Asset Management

As of Q3 2026, Thomas Gayner reported 145 long-equity positions worth $12.84B in aggregate.

Copy-investor backtest

Latest quarter
-0.60%
1-year
+11.38%
3-year
+43.89%
5-year
+41.20%
3-year vs S&P 500
-25.24%
5-year vs S&P 500
-29.59%
5-year top 5
+41.82%

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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