Home › Companies › MARKEL GROUP INC. › 2024-2025
Compiled from SEC Form N-PX filings and MARKEL GROUP INC.’s Form 8-K, filed May 23, 2025 (Item 5.07 on EDGAR). Page generated October 25, 2026.
Meeting of May 21, 2025: 15 items on MARKEL GROUP INC.’s Form 8-K, filed May 23, 2025: 15 without a stated outcome.
Material dissent: a director nominee under 80% of the votes cast, say-on-pay under 70%, any other item the board put forward under 80%, or a shareholder proposal with more than 50%, on the company’s own Form 8-K tally. How this is decided
Explore MARKEL GROUP INC. in the interactive database Compare manager voting policies
These tallies are MARKEL GROUP INC.’s own, as disclosed to the U.S. Securities and Exchange Commission on Form 8-K, filed May 23, 2025 (Item 5.07, “Submission of Matters to a Vote of Security Holders”). They cover every share voted at the meeting, not just the funds that file Form N-PX.
| Ballot item | For | Against | Abstain | Withheld | Broker non-votes | Support (of votes cast) | Reported outcome | Voting standard |
|---|---|---|---|---|---|---|---|---|
| Elect Director: Mark M. Besca | 9,308,796 | 113,595 | 14,804 | -- | 1,472,982 | 99% | Not verified | — |
| Elect Director: Lawrence A. Cunningham | 8,773,437 | 641,297 | 22,461 | -- | 1,472,982 | 93% | Not verified | — |
| Elect Director: Thomas S. Gayner | 9,201,312 | 221,678 | 14,205 | -- | 1,472,982 | 98% | Not verified | — |
| Elect Director: Greta J. Harris | 9,234,874 | 187,573 | 14,748 | -- | 1,472,982 | 98% | Not verified | — |
| Elect Director: Morgan E. Housel | 9,251,386 | 170,434 | 15,375 | -- | 1,472,982 | 98% | Not verified | — |
| Elect Director: Diane Leopold | 9,343,152 | 81,283 | 12,760 | -- | 1,472,982 | 99.1% | Not verified | — |
| Elect Director: Steven A. Markel | 9,165,120 | 256,198 | 15,877 | -- | 1,472,982 | 97% | Not verified | — |
| Elect Director: Jonathan E. Michael | 9,401,560 | 20,710 | 14,925 | -- | 1,472,982 | 99.7% | Not verified | — |
| Elect Director: Harold L. Morrison, Jr. | 9,354,739 | 68,633 | 13,823 | -- | 1,472,982 | 99.2% | Not verified | — |
| Elect Director: Michael O'Reilly | 9,093,647 | 328,285 | 15,263 | -- | 1,472,982 | 97% | Not verified | — |
| Elect Director: A. Lynne Puckett | 9,357,994 | 65,820 | 13,381 | -- | 1,472,982 | 99.3% | Not verified | — |
| Advisory Vote on Approval of Executive Compensation | 9,197,809 | 197,286 | 42,100 | -- | 1,472,982 | 98% | Not verified | — |
| Ratification of Selection of KPMG LLP as Independent Registered Public Accounting Firm | 10,230,334 | 656,685 | 23,158 | -- | -- | 94% | Not verified | — |
| Shareholder Proposal - Report on Company's Greenhouse Gas Emissions | 1,374,345 | 7,900,834 | 162,016 | -- | 1,472,982 | 15% | Not verified | — |
| Shareholder Proposal - Simple Majority Vote | 6,697,023 | 2,716,073 | 24,099 | -- | 1,472,982 | 71% | Not verified | — |
This meeting is also recorded here as May 20, 2025; both records come from the same filing, so the date should be checked against it.
Source: MARKEL GROUP INC., Form 8-K, filed with the SEC on May 23, 2025 — read the filing on EDGAR.
Each item below shows how the 722 asset managers that disclosed a MARKEL GROUP INC. vote in their SEC Form N-PX filings actually voted. Share totals are the shares those managers' funds voted, summed across every fund they report.
Combines 6 wordings of this item as funds reported it.
99.3% Majority: yes · of votes cast
Description as filed by funds: Election of Directors: A. Lynne Puckett
MARKEL GROUP INC.’s own tally for this item (“Elect Director: A. Lynne Puckett”): 9,357,994 for, 65,820 against, per its Form 8-K filed May 23, 2025 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item.
Reported outcome: not verified — the filing’s own statement of the outcome could not be identified for this item.
Support: 99.3% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.
Fund voting reports and institutional-manager reports both cover this item. An institutional manager can report shares that a fund it advises also reports, so the two are shown separately below and never added together, and their sum is not shown (fund and manager reports combined may count the same shares twice).
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| Vanguard | 1,178,586 | 0 | 0 | 0 | For |
| Principal | 411,802 | 0 | 0 | 0 | For |
| Eaton Vance | 251,732 | 0 | 0 | 0 | For |
| Fidelity | 202,890 | 0 | 0 | 0 | For |
| BlackRock | 177,270 | 0 | 0 | 0 | For |
| John Hancock | 142,736 | 0 | 0 | 0 | For |
| First Trust | 139,488 | 1 | 0 | 0 | For |
| T. Rowe Price | 90,696 | 0 | 0 | 0 | For |
| DAVIS NEW YORK VENTURE FUND INC | 89,612 | 0 | 0 | 0 | For |
| Dimensional | 66,318 | 0 | 0 | 0 | For |
| Charles Schwab | 60,560 | 0 | 0 | 0 | For |
| Prudential/PGIM | 60,230 | 0 | 0 | 0 | For |
| TOUCHSTONE STRATEGIC TRUST | 56,359 | 0 | 0 | 0 | For |
| FENIMORE ASSET MANAGEMENT TRUST | 53,850 | 0 | 0 | 0 | For |
| DAVIS SERIES INC | 48,157 | 0 | 0 | 0 | For |
| Clipper Funds Trust | 42,857 | 0 | 0 | 0 | For |
| WILLIAMSBURG INVESTMENT TRUST | 38,534 | 0 | 0 | 0 | For |
| Davis Fundamental ETF Trust | 32,856 | 0 | 0 | 0 | For |
| Hartford | 29,249 | 0 | 0 | 0 | For |
| SELECTED AMERICAN SHARES INC | 24,158 | 0 | 0 | 0 | For |
| TIAA | 22,898 | 0 | 0 | 0 | For |
| American Century | 21,761 | 0 | 0 | 0 | For |
| State Street | 21,742 | 0 | 0 | 0 | For |
| Transamerica | 18,717 | 0 | 0 | 0 | For |
| Jackson National | 17,125 | 0 | 0 | 0 | For |
Fund voting reports, all 123 managers: 3,538,590 for, 1,175 against, 40 abstained. Showing the 25 largest; see all in the interactive database.
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| Capco Asset Management, LLC | 27,039 | 0 | 0 | 0 | For |
| Cheviot Value Management, LLC | 6,210 | 0 | 0 | 0 | For |
| Cardano Risk Management B.V. | 4,481 | 0 | 0 | 0 | For |
| MARCO INVESTMENT MANAGEMENT LLC | 50 | 0 | 0 | 0 | For |
| BRANDYWINE OAK PRIVATE WEALTH LLC | 23 | 0 | 0 | 0 | For |
Institutional-manager reports, all 5 managers: 37,803 for.
Combines 6 wordings of this item as funds reported it.
99.1% Majority: yes · of votes cast
Description as filed by funds: Election of Directors: Diane Leopold
MARKEL GROUP INC.’s own tally for this item (“Elect Director: Diane Leopold”): 9,343,152 for, 81,283 against, per its Form 8-K filed May 23, 2025 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item.
Reported outcome: not verified — the filing’s own statement of the outcome could not be identified for this item.
Support: 99.1% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.
Fund voting reports and institutional-manager reports both cover this item. An institutional manager can report shares that a fund it advises also reports, so the two are shown separately below and never added together, and their sum is not shown (fund and manager reports combined may count the same shares twice).
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| Vanguard | 1,178,586 | 0 | 0 | 0 | For |
| Principal | 411,802 | 0 | 0 | 0 | For |
| Eaton Vance | 251,732 | 0 | 0 | 0 | For |
| Fidelity | 202,890 | 0 | 0 | 0 | For |
| BlackRock | 177,270 | 0 | 0 | 0 | For |
| John Hancock | 142,736 | 0 | 0 | 0 | For |
| First Trust | 139,488 | 1 | 0 | 0 | For |
| T. Rowe Price | 90,696 | 0 | 0 | 0 | For |
| DAVIS NEW YORK VENTURE FUND INC | 89,612 | 0 | 0 | 0 | For |
| Dimensional | 66,318 | 0 | 0 | 0 | For |
| Charles Schwab | 60,560 | 0 | 0 | 0 | For |
| Prudential/PGIM | 60,230 | 0 | 0 | 0 | For |
| TOUCHSTONE STRATEGIC TRUST | 56,359 | 0 | 0 | 0 | For |
| FENIMORE ASSET MANAGEMENT TRUST | 53,850 | 0 | 0 | 0 | For |
| DAVIS SERIES INC | 48,157 | 0 | 0 | 0 | For |
| Clipper Funds Trust | 42,857 | 0 | 0 | 0 | For |
| WILLIAMSBURG INVESTMENT TRUST | 38,534 | 0 | 0 | 0 | For |
| Davis Fundamental ETF Trust | 32,856 | 0 | 0 | 0 | For |
| Hartford | 29,249 | 0 | 0 | 0 | For |
| SELECTED AMERICAN SHARES INC | 24,158 | 0 | 0 | 0 | For |
| TIAA | 22,898 | 0 | 0 | 0 | For |
| American Century | 21,761 | 0 | 0 | 0 | For |
| State Street | 21,742 | 0 | 0 | 0 | For |
| Transamerica | 18,717 | 0 | 0 | 0 | For |
| Jackson National | 17,125 | 0 | 0 | 0 | For |
Fund voting reports, all 123 managers: 3,538,590 for, 1,175 against, 40 abstained. Showing the 25 largest; see all in the interactive database.
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| Capco Asset Management, LLC | 27,039 | 0 | 0 | 0 | For |
| Cheviot Value Management, LLC | 6,210 | 0 | 0 | 0 | For |
| Cardano Risk Management B.V. | 4,481 | 0 | 0 | 0 | For |
| MARCO INVESTMENT MANAGEMENT LLC | 50 | 0 | 0 | 0 | For |
| BRANDYWINE OAK PRIVATE WEALTH LLC | 23 | 0 | 0 | 0 | For |
Institutional-manager reports, all 5 managers: 37,803 for.
Combines 7 wordings of this item as funds reported it.
98% Majority: yes · of votes cast
Description as filed by funds: Election of Directors: Greta J. Harris
MARKEL GROUP INC.’s own tally for this item (“Elect Director: Greta J. Harris”): 9,234,874 for, 187,573 against, per its Form 8-K filed May 23, 2025 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item.
Reported outcome: not verified — the filing’s own statement of the outcome could not be identified for this item.
Support: 98% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.
Fund voting reports and institutional-manager reports both cover this item. An institutional manager can report shares that a fund it advises also reports, so the two are shown separately below and never added together, and their sum is not shown (fund and manager reports combined may count the same shares twice).
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| Vanguard | 1,178,478 | 108 | 0 | 0 | For |
| Principal | 411,802 | 0 | 0 | 0 | For |
| Eaton Vance | 251,732 | 0 | 0 | 0 | For |
| Fidelity | 202,890 | 0 | 0 | 0 | For |
| BlackRock | 177,270 | 0 | 0 | 0 | For |
| John Hancock | 142,736 | 0 | 0 | 0 | For |
| First Trust | 139,486 | 3 | 0 | 0 | For |
| T. Rowe Price | 90,696 | 0 | 0 | 0 | For |
| DAVIS NEW YORK VENTURE FUND INC | 89,612 | 0 | 0 | 0 | For |
| Dimensional | 66,318 | 0 | 0 | 0 | For |
| Charles Schwab | 60,560 | 0 | 0 | 0 | For |
| Prudential/PGIM | 60,230 | 0 | 0 | 0 | For |
| TOUCHSTONE STRATEGIC TRUST | 56,359 | 0 | 0 | 0 | For |
| FENIMORE ASSET MANAGEMENT TRUST | 53,850 | 0 | 0 | 0 | For |
| DAVIS SERIES INC | 48,157 | 0 | 0 | 0 | For |
| Clipper Funds Trust | 42,857 | 0 | 0 | 0 | For |
| WILLIAMSBURG INVESTMENT TRUST | 38,534 | 0 | 0 | 0 | For |
| Davis Fundamental ETF Trust | 32,856 | 0 | 0 | 0 | For |
| Hartford | 29,249 | 0 | 0 | 0 | For |
| SELECTED AMERICAN SHARES INC | 24,158 | 0 | 0 | 0 | For |
| TIAA | 22,898 | 0 | 0 | 0 | For |
| American Century | 21,761 | 0 | 0 | 0 | For |
| State Street | 21,742 | 0 | 0 | 0 | For |
| Transamerica | 18,717 | 0 | 0 | 0 | For |
| Jackson National | 17,125 | 0 | 0 | 0 | For |
Fund voting reports, all 123 managers: 3,521,804 for, 17,961 against, 40 abstained. Showing the 25 largest; see all in the interactive database.
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| Capco Asset Management, LLC | 27,039 | 0 | 0 | 0 | For |
| Cheviot Value Management, LLC | 6,210 | 0 | 0 | 0 | For |
| Cardano Risk Management B.V. | 0 | 4,481 | 0 | 0 | Against |
| MARCO INVESTMENT MANAGEMENT LLC | 50 | 0 | 0 | 0 | For |
| BRANDYWINE OAK PRIVATE WEALTH LLC | 23 | 0 | 0 | 0 | For |
Institutional-manager reports, all 5 managers: 33,322 for, 4,481 against.
Combines 7 wordings of this item as funds reported it.
99.2% Majority: yes · of votes cast
Description as filed by funds: Election of Directors: Harold L. Morrison, Jr.
MARKEL GROUP INC.’s own tally for this item (“Elect Director: Harold L. Morrison, Jr.”): 9,354,739 for, 68,633 against, per its Form 8-K filed May 23, 2025 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item.
Reported outcome: not verified — the filing’s own statement of the outcome could not be identified for this item.
Support: 99.2% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.
Fund voting reports and institutional-manager reports both cover this item. An institutional manager can report shares that a fund it advises also reports, so the two are shown separately below and never added together, and their sum is not shown (fund and manager reports combined may count the same shares twice).
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| Vanguard | 1,178,586 | 0 | 0 | 0 | For |
| Principal | 411,802 | 0 | 0 | 0 | For |
| Eaton Vance | 251,732 | 0 | 0 | 0 | For |
| Fidelity | 202,890 | 0 | 0 | 0 | For |
| BlackRock | 177,270 | 0 | 0 | 0 | For |
| John Hancock | 142,736 | 0 | 0 | 0 | For |
| First Trust | 139,488 | 1 | 0 | 0 | For |
| T. Rowe Price | 90,696 | 0 | 0 | 0 | For |
| DAVIS NEW YORK VENTURE FUND INC | 89,612 | 0 | 0 | 0 | For |
| Dimensional | 66,318 | 0 | 0 | 0 | For |
| Charles Schwab | 60,560 | 0 | 0 | 0 | For |
| Prudential/PGIM | 60,230 | 0 | 0 | 0 | For |
| TOUCHSTONE STRATEGIC TRUST | 56,359 | 0 | 0 | 0 | For |
| FENIMORE ASSET MANAGEMENT TRUST | 53,850 | 0 | 0 | 0 | For |
| DAVIS SERIES INC | 48,157 | 0 | 0 | 0 | For |
| Clipper Funds Trust | 42,857 | 0 | 0 | 0 | For |
| WILLIAMSBURG INVESTMENT TRUST | 38,534 | 0 | 0 | 0 | For |
| Davis Fundamental ETF Trust | 32,856 | 0 | 0 | 0 | For |
| Hartford | 29,249 | 0 | 0 | 0 | For |
| SELECTED AMERICAN SHARES INC | 24,158 | 0 | 0 | 0 | For |
| TIAA | 22,898 | 0 | 0 | 0 | For |
| American Century | 21,761 | 0 | 0 | 0 | For |
| State Street | 21,742 | 0 | 0 | 0 | For |
| Transamerica | 18,717 | 0 | 0 | 0 | For |
| Jackson National | 17,125 | 0 | 0 | 0 | For |
Fund voting reports, all 123 managers: 3,538,590 for, 1,175 against, 40 abstained. Showing the 25 largest; see all in the interactive database.
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| Capco Asset Management, LLC | 27,039 | 0 | 0 | 0 | For |
| Cheviot Value Management, LLC | 6,210 | 0 | 0 | 0 | For |
| Cardano Risk Management B.V. | 4,481 | 0 | 0 | 0 | For |
| MARCO INVESTMENT MANAGEMENT LLC | 50 | 0 | 0 | 0 | For |
| BRANDYWINE OAK PRIVATE WEALTH LLC | 23 | 0 | 0 | 0 | For |
Institutional-manager reports, all 5 managers: 37,803 for.
Combines 7 wordings of this item as funds reported it.
99.7% Majority: yes · of votes cast
Description as filed by funds: Election of Directors: Jonathan E. Michael
MARKEL GROUP INC.’s own tally for this item (“Elect Director: Jonathan E. Michael”): 9,401,560 for, 20,710 against, per its Form 8-K filed May 23, 2025 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item.
Reported outcome: not verified — the filing’s own statement of the outcome could not be identified for this item.
Support: 99.7% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.
Fund voting reports and institutional-manager reports both cover this item. An institutional manager can report shares that a fund it advises also reports, so the two are shown separately below and never added together, and their sum is not shown (fund and manager reports combined may count the same shares twice).
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| Vanguard | 1,178,586 | 0 | 0 | 0 | For |
| Principal | 411,802 | 0 | 0 | 0 | For |
| Eaton Vance | 251,732 | 0 | 0 | 0 | For |
| Fidelity | 202,890 | 0 | 0 | 0 | For |
| BlackRock | 177,270 | 0 | 0 | 0 | For |
| John Hancock | 142,736 | 0 | 0 | 0 | For |
| First Trust | 139,489 | 0 | 0 | 0 | For |
| T. Rowe Price | 90,696 | 0 | 0 | 0 | For |
| DAVIS NEW YORK VENTURE FUND INC | 89,612 | 0 | 0 | 0 | For |
| Dimensional | 66,318 | 0 | 0 | 0 | For |
| Charles Schwab | 60,560 | 0 | 0 | 0 | For |
| Prudential/PGIM | 60,230 | 0 | 0 | 0 | For |
| TOUCHSTONE STRATEGIC TRUST | 56,359 | 0 | 0 | 0 | For |
| FENIMORE ASSET MANAGEMENT TRUST | 53,850 | 0 | 0 | 0 | For |
| DAVIS SERIES INC | 48,157 | 0 | 0 | 0 | For |
| Clipper Funds Trust | 42,857 | 0 | 0 | 0 | For |
| WILLIAMSBURG INVESTMENT TRUST | 38,534 | 0 | 0 | 0 | For |
| Davis Fundamental ETF Trust | 32,856 | 0 | 0 | 0 | For |
| Hartford | 29,249 | 0 | 0 | 0 | For |
| SELECTED AMERICAN SHARES INC | 24,158 | 0 | 0 | 0 | For |
| TIAA | 22,898 | 0 | 0 | 0 | For |
| American Century | 21,761 | 0 | 0 | 0 | For |
| State Street | 21,742 | 0 | 0 | 0 | For |
| Transamerica | 18,717 | 0 | 0 | 0 | For |
| Jackson National | 17,125 | 0 | 0 | 0 | For |
Fund voting reports, all 123 managers: 3,538,600 for, 1,165 against, 40 abstained. Showing the 25 largest; see all in the interactive database.
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| Capco Asset Management, LLC | 27,039 | 0 | 0 | 0 | For |
| Cheviot Value Management, LLC | 6,210 | 0 | 0 | 0 | For |
| Cardano Risk Management B.V. | 4,481 | 0 | 0 | 0 | For |
| MARCO INVESTMENT MANAGEMENT LLC | 50 | 0 | 0 | 0 | For |
| BRANDYWINE OAK PRIVATE WEALTH LLC | 23 | 0 | 0 | 0 | For |
Institutional-manager reports, all 5 managers: 37,803 for.
Combines 7 wordings of this item as funds reported it.
93% Majority: yes · of votes cast
Description as filed by funds: Election of Directors: Lawrence A. Cunningham
MARKEL GROUP INC.’s own tally for this item (“Elect Director: Lawrence A. Cunningham”): 8,773,437 for, 641,297 against, per its Form 8-K filed May 23, 2025 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item.
Reported outcome: not verified — the filing’s own statement of the outcome could not be identified for this item.
Support: 93% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.
Fund voting reports and institutional-manager reports both cover this item. An institutional manager can report shares that a fund it advises also reports, so the two are shown separately below and never added together, and their sum is not shown (fund and manager reports combined may count the same shares twice).
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| Vanguard | 1,178,478 | 108 | 0 | 0 | For |
| Principal | 411,802 | 0 | 0 | 0 | For |
| Eaton Vance | 251,732 | 0 | 0 | 0 | For |
| Fidelity | 202,890 | 0 | 0 | 0 | For |
| BlackRock | 177,270 | 0 | 0 | 0 | For |
| John Hancock | 142,736 | 0 | 0 | 0 | For |
| First Trust | 139,479 | 10 | 0 | 0 | For |
| T. Rowe Price | 90,696 | 0 | 0 | 0 | For |
| DAVIS NEW YORK VENTURE FUND INC | 89,612 | 0 | 0 | 0 | For |
| Dimensional | 66,318 | 0 | 0 | 0 | For |
| Charles Schwab | 60,560 | 0 | 0 | 0 | For |
| Prudential/PGIM | 60,230 | 0 | 0 | 0 | For |
| TOUCHSTONE STRATEGIC TRUST | 56,359 | 0 | 0 | 0 | For |
| FENIMORE ASSET MANAGEMENT TRUST | 53,850 | 0 | 0 | 0 | For |
| DAVIS SERIES INC | 48,157 | 0 | 0 | 0 | For |
| Clipper Funds Trust | 42,857 | 0 | 0 | 0 | For |
| WILLIAMSBURG INVESTMENT TRUST | 38,534 | 0 | 0 | 0 | For |
| Davis Fundamental ETF Trust | 32,856 | 0 | 0 | 0 | For |
| Hartford | 29,249 | 0 | 0 | 0 | For |
| SELECTED AMERICAN SHARES INC | 24,158 | 0 | 0 | 0 | For |
| TIAA | 22,898 | 0 | 0 | 0 | For |
| American Century | 21,761 | 0 | 0 | 0 | For |
| State Street | 21,742 | 0 | 0 | 0 | For |
| Transamerica | 18,717 | 0 | 0 | 0 | For |
| Jackson National | 17,125 | 0 | 0 | 0 | For |
Fund voting reports, all 123 managers: 3,522,180 for, 17,585 against, 40 abstained. Showing the 25 largest; see all in the interactive database.
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| Capco Asset Management, LLC | 27,039 | 0 | 0 | 0 | For |
| Cheviot Value Management, LLC | 6,210 | 0 | 0 | 0 | For |
| Cardano Risk Management B.V. | 0 | 4,481 | 0 | 0 | Against |
| MARCO INVESTMENT MANAGEMENT LLC | 50 | 0 | 0 | 0 | For |
| BRANDYWINE OAK PRIVATE WEALTH LLC | 23 | 0 | 0 | 0 | For |
Institutional-manager reports, all 5 managers: 33,322 for, 4,481 against.
Combines 6 wordings of this item as funds reported it.
99% Majority: yes · of votes cast
Description as filed by funds: Election of Directors: Mark M. Besca
MARKEL GROUP INC.’s own tally for this item (“Elect Director: Mark M. Besca”): 9,308,796 for, 113,595 against, per its Form 8-K filed May 23, 2025 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item.
Reported outcome: not verified — the filing’s own statement of the outcome could not be identified for this item.
Support: 99% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.
Fund voting reports and institutional-manager reports both cover this item. An institutional manager can report shares that a fund it advises also reports, so the two are shown separately below and never added together, and their sum is not shown (fund and manager reports combined may count the same shares twice).
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| Vanguard | 1,178,586 | 0 | 0 | 0 | For |
| Principal | 411,802 | 0 | 0 | 0 | For |
| Eaton Vance | 251,732 | 0 | 0 | 0 | For |
| Fidelity | 202,890 | 0 | 0 | 0 | For |
| BlackRock | 177,270 | 0 | 0 | 0 | For |
| John Hancock | 142,736 | 0 | 0 | 0 | For |
| First Trust | 139,487 | 2 | 0 | 0 | For |
| T. Rowe Price | 90,696 | 0 | 0 | 0 | For |
| DAVIS NEW YORK VENTURE FUND INC | 89,612 | 0 | 0 | 0 | For |
| Dimensional | 66,318 | 0 | 0 | 0 | For |
| Charles Schwab | 60,560 | 0 | 0 | 0 | For |
| Prudential/PGIM | 60,230 | 0 | 0 | 0 | For |
| TOUCHSTONE STRATEGIC TRUST | 56,359 | 0 | 0 | 0 | For |
| FENIMORE ASSET MANAGEMENT TRUST | 53,850 | 0 | 0 | 0 | For |
| DAVIS SERIES INC | 48,157 | 0 | 0 | 0 | For |
| Clipper Funds Trust | 42,857 | 0 | 0 | 0 | For |
| WILLIAMSBURG INVESTMENT TRUST | 38,534 | 0 | 0 | 0 | For |
| Davis Fundamental ETF Trust | 32,856 | 0 | 0 | 0 | For |
| Hartford | 29,249 | 0 | 0 | 0 | For |
| SELECTED AMERICAN SHARES INC | 24,158 | 0 | 0 | 0 | For |
| TIAA | 22,898 | 0 | 0 | 0 | For |
| American Century | 21,761 | 0 | 0 | 0 | For |
| State Street | 21,742 | 0 | 0 | 0 | For |
| Transamerica | 18,717 | 0 | 0 | 0 | For |
| Jackson National | 17,125 | 0 | 0 | 0 | For |
Fund voting reports, all 123 managers: 3,532,189 for, 7,576 against, 40 abstained. Showing the 25 largest; see all in the interactive database.
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| Capco Asset Management, LLC | 27,039 | 0 | 0 | 0 | For |
| Cheviot Value Management, LLC | 6,210 | 0 | 0 | 0 | For |
| Cardano Risk Management B.V. | 4,481 | 0 | 0 | 0 | For |
| MARCO INVESTMENT MANAGEMENT LLC | 50 | 0 | 0 | 0 | For |
| BRANDYWINE OAK PRIVATE WEALTH LLC | 23 | 0 | 0 | 0 | For |
Institutional-manager reports, all 5 managers: 37,803 for.
Combines 8 wordings of this item as funds reported it.
97% Majority: yes · of votes cast
Description as filed by funds: Election of Directors: Michael O'Reilly
MARKEL GROUP INC.’s own tally for this item (“Elect Director: Michael O'Reilly”): 9,093,647 for, 328,285 against, per its Form 8-K filed May 23, 2025 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item.
Reported outcome: not verified — the filing’s own statement of the outcome could not be identified for this item.
Support: 97% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.
Fund voting reports and institutional-manager reports both cover this item. An institutional manager can report shares that a fund it advises also reports, so the two are shown separately below and never added together, and their sum is not shown (fund and manager reports combined may count the same shares twice).
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| Vanguard | 1,178,478 | 108 | 0 | 0 | For |
| Principal | 411,802 | 0 | 0 | 0 | For |
| Eaton Vance | 251,732 | 0 | 0 | 0 | For |
| Fidelity | 202,890 | 0 | 0 | 0 | For |
| BlackRock | 177,270 | 0 | 0 | 0 | For |
| John Hancock | 142,736 | 0 | 0 | 0 | For |
| First Trust | 139,484 | 5 | 0 | 0 | For |
| T. Rowe Price | 90,696 | 0 | 0 | 0 | For |
| DAVIS NEW YORK VENTURE FUND INC | 89,612 | 0 | 0 | 0 | For |
| Dimensional | 66,318 | 0 | 0 | 0 | For |
| Charles Schwab | 60,560 | 0 | 0 | 0 | For |
| Prudential/PGIM | 60,230 | 0 | 0 | 0 | For |
| TOUCHSTONE STRATEGIC TRUST | 56,359 | 0 | 0 | 0 | For |
| FENIMORE ASSET MANAGEMENT TRUST | 53,850 | 0 | 0 | 0 | For |
| DAVIS SERIES INC | 48,157 | 0 | 0 | 0 | For |
| Clipper Funds Trust | 42,857 | 0 | 0 | 0 | For |
| WILLIAMSBURG INVESTMENT TRUST | 38,534 | 0 | 0 | 0 | For |
| Davis Fundamental ETF Trust | 32,856 | 0 | 0 | 0 | For |
| Hartford | 29,249 | 0 | 0 | 0 | For |
| SELECTED AMERICAN SHARES INC | 24,158 | 0 | 0 | 0 | For |
| TIAA | 22,898 | 0 | 0 | 0 | For |
| American Century | 21,761 | 0 | 0 | 0 | For |
| State Street | 21,741 | 1 | 0 | 0 | For |
| Transamerica | 18,717 | 0 | 0 | 0 | For |
| Jackson National | 17,125 | 0 | 0 | 0 | For |
Fund voting reports, all 123 managers: 3,537,687 for, 2,078 against, 40 abstained. Showing the 25 largest; see all in the interactive database.
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| Capco Asset Management, LLC | 27,039 | 0 | 0 | 0 | For |
| Cheviot Value Management, LLC | 6,210 | 0 | 0 | 0 | For |
| Cardano Risk Management B.V. | 0 | 4,481 | 0 | 0 | Against |
| MARCO INVESTMENT MANAGEMENT LLC | 50 | 0 | 0 | 0 | For |
| BRANDYWINE OAK PRIVATE WEALTH LLC | 23 | 0 | 0 | 0 | For |
Institutional-manager reports, all 5 managers: 33,322 for, 4,481 against.
Combines 7 wordings of this item as funds reported it.
98% Majority: yes · of votes cast
Description as filed by funds: Election of Directors: Morgan E. Housel
MARKEL GROUP INC.’s own tally for this item (“Elect Director: Morgan E. Housel”): 9,251,386 for, 170,434 against, per its Form 8-K filed May 23, 2025 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item.
Reported outcome: not verified — the filing’s own statement of the outcome could not be identified for this item.
Support: 98% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.
Fund voting reports and institutional-manager reports both cover this item. An institutional manager can report shares that a fund it advises also reports, so the two are shown separately below and never added together, and their sum is not shown (fund and manager reports combined may count the same shares twice).
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| Vanguard | 1,178,478 | 108 | 0 | 0 | For |
| Principal | 411,802 | 0 | 0 | 0 | For |
| Eaton Vance | 251,732 | 0 | 0 | 0 | For |
| Fidelity | 202,890 | 0 | 0 | 0 | For |
| BlackRock | 177,270 | 0 | 0 | 0 | For |
| John Hancock | 142,736 | 0 | 0 | 0 | For |
| First Trust | 139,486 | 2 | 0 | 0 | For |
| T. Rowe Price | 90,696 | 0 | 0 | 0 | For |
| DAVIS NEW YORK VENTURE FUND INC | 89,612 | 0 | 0 | 0 | For |
| Dimensional | 66,318 | 0 | 0 | 0 | For |
| Charles Schwab | 60,560 | 0 | 0 | 0 | For |
| Prudential/PGIM | 60,230 | 0 | 0 | 0 | For |
| TOUCHSTONE STRATEGIC TRUST | 56,359 | 0 | 0 | 0 | For |
| FENIMORE ASSET MANAGEMENT TRUST | 53,850 | 0 | 0 | 0 | For |
| DAVIS SERIES INC | 48,157 | 0 | 0 | 0 | For |
| Clipper Funds Trust | 42,857 | 0 | 0 | 0 | For |
| WILLIAMSBURG INVESTMENT TRUST | 38,534 | 0 | 0 | 0 | For |
| Davis Fundamental ETF Trust | 32,856 | 0 | 0 | 0 | For |
| Hartford | 29,249 | 0 | 0 | 0 | For |
| SELECTED AMERICAN SHARES INC | 24,158 | 0 | 0 | 0 | For |
| TIAA | 22,898 | 0 | 0 | 0 | For |
| American Century | 21,761 | 0 | 0 | 0 | For |
| State Street | 21,742 | 0 | 0 | 0 | For |
| Transamerica | 18,717 | 0 | 0 | 0 | For |
| Jackson National | 17,125 | 0 | 0 | 0 | For |
Fund voting reports, all 123 managers: 3,538,480 for, 1,284 against, 40 abstained. Showing the 25 largest; see all in the interactive database.
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| Capco Asset Management, LLC | 27,039 | 0 | 0 | 0 | For |
| Cheviot Value Management, LLC | 6,210 | 0 | 0 | 0 | For |
| Cardano Risk Management B.V. | 0 | 4,481 | 0 | 0 | Against |
| MARCO INVESTMENT MANAGEMENT LLC | 50 | 0 | 0 | 0 | For |
| BRANDYWINE OAK PRIVATE WEALTH LLC | 23 | 0 | 0 | 0 | For |
Institutional-manager reports, all 5 managers: 33,322 for, 4,481 against.
Combines 8 wordings of this item as funds reported it.
97% Majority: yes · of votes cast
Description as filed by funds: Election of Directors: Steven A. Markel
MARKEL GROUP INC.’s own tally for this item (“Elect Director: Steven A. Markel”): 9,165,120 for, 256,198 against, per its Form 8-K filed May 23, 2025 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item.
Reported outcome: not verified — the filing’s own statement of the outcome could not be identified for this item.
Support: 97% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.
Fund voting reports and institutional-manager reports both cover this item. An institutional manager can report shares that a fund it advises also reports, so the two are shown separately below and never added together, and their sum is not shown (fund and manager reports combined may count the same shares twice).
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| Vanguard | 1,178,478 | 108 | 0 | 0 | For |
| Principal | 411,802 | 0 | 0 | 0 | For |
| Eaton Vance | 251,732 | 0 | 0 | 0 | For |
| Fidelity | 202,890 | 0 | 0 | 0 | For |
| BlackRock | 177,270 | 0 | 0 | 0 | For |
| John Hancock | 142,736 | 0 | 0 | 0 | For |
| First Trust | 139,485 | 4 | 0 | 0 | For |
| T. Rowe Price | 90,696 | 0 | 0 | 0 | For |
| DAVIS NEW YORK VENTURE FUND INC | 89,612 | 0 | 0 | 0 | For |
| Dimensional | 66,318 | 0 | 0 | 0 | For |
| Charles Schwab | 60,560 | 0 | 0 | 0 | For |
| Prudential/PGIM | 60,230 | 0 | 0 | 0 | For |
| TOUCHSTONE STRATEGIC TRUST | 56,359 | 0 | 0 | 0 | For |
| FENIMORE ASSET MANAGEMENT TRUST | 53,850 | 0 | 0 | 0 | For |
| DAVIS SERIES INC | 48,157 | 0 | 0 | 0 | For |
| Clipper Funds Trust | 42,857 | 0 | 0 | 0 | For |
| WILLIAMSBURG INVESTMENT TRUST | 38,534 | 0 | 0 | 0 | For |
| Davis Fundamental ETF Trust | 32,856 | 0 | 0 | 0 | For |
| Hartford | 29,249 | 0 | 0 | 0 | For |
| SELECTED AMERICAN SHARES INC | 24,158 | 0 | 0 | 0 | For |
| TIAA | 22,898 | 0 | 0 | 0 | For |
| American Century | 21,761 | 0 | 0 | 0 | For |
| State Street | 21,741 | 1 | 0 | 0 | For |
| Transamerica | 18,717 | 0 | 0 | 0 | For |
| Jackson National | 17,125 | 0 | 0 | 0 | For |
Fund voting reports, all 123 managers: 3,538,682 for, 1,083 against, 40 abstained. Showing the 25 largest; see all in the interactive database.
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| Capco Asset Management, LLC | 27,039 | 0 | 0 | 0 | For |
| Cheviot Value Management, LLC | 6,210 | 0 | 0 | 0 | For |
| Cardano Risk Management B.V. | 0 | 4,481 | 0 | 0 | Against |
| MARCO INVESTMENT MANAGEMENT LLC | 50 | 0 | 0 | 0 | For |
| BRANDYWINE OAK PRIVATE WEALTH LLC | 23 | 0 | 0 | 0 | For |
Institutional-manager reports, all 5 managers: 33,322 for, 4,481 against.
Combines 7 wordings of this item as funds reported it.
98% Majority: yes · of votes cast
Description as filed by funds: Election of Directors: Thomas S. Gayner
MARKEL GROUP INC.’s own tally for this item (“Elect Director: Thomas S. Gayner”): 9,201,312 for, 221,678 against, per its Form 8-K filed May 23, 2025 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item.
Reported outcome: not verified — the filing’s own statement of the outcome could not be identified for this item.
Support: 98% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.
Fund voting reports and institutional-manager reports both cover this item. An institutional manager can report shares that a fund it advises also reports, so the two are shown separately below and never added together, and their sum is not shown (fund and manager reports combined may count the same shares twice).
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| Vanguard | 1,178,586 | 0 | 0 | 0 | For |
| Principal | 411,802 | 0 | 0 | 0 | For |
| Eaton Vance | 251,732 | 0 | 0 | 0 | For |
| Fidelity | 202,890 | 0 | 0 | 0 | For |
| BlackRock | 177,270 | 0 | 0 | 0 | For |
| John Hancock | 142,736 | 0 | 0 | 0 | For |
| First Trust | 139,486 | 2 | 0 | 0 | For |
| T. Rowe Price | 90,696 | 0 | 0 | 0 | For |
| DAVIS NEW YORK VENTURE FUND INC | 89,612 | 0 | 0 | 0 | For |
| Dimensional | 66,318 | 0 | 0 | 0 | For |
| Charles Schwab | 60,560 | 0 | 0 | 0 | For |
| Prudential/PGIM | 59,985 | 245 | 0 | 0 | For |
| TOUCHSTONE STRATEGIC TRUST | 56,359 | 0 | 0 | 0 | For |
| FENIMORE ASSET MANAGEMENT TRUST | 53,850 | 0 | 0 | 0 | For |
| DAVIS SERIES INC | 48,157 | 0 | 0 | 0 | For |
| Clipper Funds Trust | 42,857 | 0 | 0 | 0 | For |
| WILLIAMSBURG INVESTMENT TRUST | 38,534 | 0 | 0 | 0 | For |
| Davis Fundamental ETF Trust | 32,856 | 0 | 0 | 0 | For |
| Hartford | 29,249 | 0 | 0 | 0 | For |
| SELECTED AMERICAN SHARES INC | 24,158 | 0 | 0 | 0 | For |
| TIAA | 22,898 | 0 | 0 | 0 | For |
| American Century | 21,761 | 0 | 0 | 0 | For |
| State Street | 21,742 | 0 | 0 | 0 | For |
| Transamerica | 18,717 | 0 | 0 | 0 | For |
| Jackson National | 17,125 | 0 | 0 | 0 | For |
Fund voting reports, all 123 managers: 3,538,259 for, 1,505 against, 40 abstained. Showing the 25 largest; see all in the interactive database.
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| Capco Asset Management, LLC | 27,039 | 0 | 0 | 0 | For |
| Cheviot Value Management, LLC | 6,210 | 0 | 0 | 0 | For |
| Cardano Risk Management B.V. | 0 | 4,481 | 0 | 0 | Against |
| MARCO INVESTMENT MANAGEMENT LLC | 50 | 0 | 0 | 0 | For |
| BRANDYWINE OAK PRIVATE WEALTH LLC | 23 | 0 | 0 | 0 | For |
Institutional-manager reports, all 5 managers: 33,322 for, 4,481 against.
Combines 20 wordings of this item as funds reported it.
98% Majority: yes · of votes cast
Description as filed by funds: Advisory vote on approval of executive compensation.
MARKEL GROUP INC.’s own tally for this item (“Advisory Vote on Approval of Executive Compensation”): 9,197,809 for, 197,286 against, per its Form 8-K filed May 23, 2025 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item.
Reported outcome: not verified — the filing’s own statement of the outcome could not be identified for this item.
Support: 98% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.
Fund voting reports and institutional-manager reports both cover this item. An institutional manager can report shares that a fund it advises also reports, so the two are shown separately below and never added together, and their sum is not shown (fund and manager reports combined may count the same shares twice).
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| Vanguard | 1,178,478 | 108 | 0 | 0 | For |
| Principal | 411,802 | 0 | 0 | 0 | For |
| Eaton Vance | 251,732 | 0 | 0 | 0 | For |
| Fidelity | 202,890 | 0 | 0 | 0 | For |
| BlackRock | 177,270 | 0 | 0 | 0 | For |
| John Hancock | 142,736 | 0 | 0 | 0 | For |
| First Trust | 139,486 | 3 | 1 | 0 | For |
| T. Rowe Price | 90,696 | 0 | 0 | 0 | For |
| DAVIS NEW YORK VENTURE FUND INC | 89,612 | 0 | 0 | 0 | For |
| Dimensional | 66,318 | 0 | 0 | 0 | For |
| Charles Schwab | 60,560 | 0 | 0 | 0 | For |
| Prudential/PGIM | 60,230 | 0 | 0 | 0 | For |
| TOUCHSTONE STRATEGIC TRUST | 56,359 | 0 | 0 | 0 | For |
| FENIMORE ASSET MANAGEMENT TRUST | 53,850 | 0 | 0 | 0 | For |
| DAVIS SERIES INC | 48,157 | 0 | 0 | 0 | For |
| Clipper Funds Trust | 42,857 | 0 | 0 | 0 | For |
| WILLIAMSBURG INVESTMENT TRUST | 38,534 | 0 | 0 | 0 | For |
| Davis Fundamental ETF Trust | 32,856 | 0 | 0 | 0 | For |
| Hartford | 29,249 | 0 | 0 | 0 | For |
| SELECTED AMERICAN SHARES INC | 24,158 | 0 | 0 | 0 | For |
| TIAA | 22,898 | 0 | 0 | 0 | For |
| American Century | 21,761 | 0 | 0 | 0 | For |
| State Street | 21,742 | 0 | 0 | 0 | For |
| Transamerica | 18,717 | 0 | 0 | 0 | For |
| Jackson National | 17,125 | 0 | 0 | 0 | For |
Fund voting reports, all 125 managers: 3,540,665 for, 178 against, 41 abstained. Showing the 25 largest; see all in the interactive database.
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| PRINCIPAL GLOBAL INVESTORS | 507,569 | 0 | 0 | 0 | For |
| DAVIS SELECTED ADVISERS | 396,479 | 0 | 0 | 0 | For |
| ATLANTA CAPITAL MANAGEMENT CO L L C | 371,103 | 0 | 0 | 0 | For |
| State Street | 248,650 | 0 | 0 | 0 | For |
| GEODE CAPITAL MANAGEMENT, LLC | 216,057 | 0 | 0 | 0 | For |
| Boston Partners | 213,574 | 0 | 0 | 0 | For |
| Select Equity Group, L.P. | 186,122 | 0 | 0 | 0 | For |
| T. Rowe Price | 168,196 | 0 | 0 | 0 | For |
| DAVENPORT & Co LLC | 145,112 | 0 | 0 | 0 | For |
| Jana Partners | 133,492 | 0 | 0 | 0 | For |
| VAN LANSCHOT KEMPEN INVESTMENT MANAGEMENT N.V. | 125,045 | 0 | 0 | 0 | For |
| Wellington | 110,313 | 0 | 0 | 0 | For |
| Epoch Investment Partners, Inc. | 105,413 | 0 | 0 | 0 | For |
| Madison Avenue Partners, LP | 91,357 | 0 | 0 | 0 | For |
| Northern Trust | 77,161 | 0 | 0 | 0 | For |
| CHECK CAPITAL MANAGEMENT INC/CA | 74,821 | 0 | 0 | 0 | For |
| FORT WASHINGTON INVESTMENT ADVISORS INC /OH/ | 72,408 | 0 | 0 | 0 | For |
| HighTower Advisors, LLC | 65,792 | 0 | 0 | 0 | For |
| JENNISON ASSOCIATES LLC | 63,860 | 309 | 0 | 0 | For |
| Charles Schwab | 61,241 | 0 | 0 | 0 | For |
| BAILLIE GIFFORD OVERSEAS LTD | 58,279 | 0 | 0 | 0 | For |
| Graham Holdings Co | 55,430 | 0 | 0 | 0 | For |
| BAILLIE GIFFORD & CO LTD | 54,240 | 0 | 0 | 0 | For |
| DF DENT & CO INC | 54,090 | 0 | 0 | 0 | For |
| Robeco Institutional Asset Management B.V. | 53,729 | 0 | 0 | 0 | For |
Institutional-manager reports, all 621 managers: 5,587,854 for, 132,063 against, 11,276 abstained, 2,287 not voted, 995 unknown. Showing the 25 largest; see all in the interactive database.
Combines 7 wordings of this item as funds reported it.
94% Majority: yes · of votes cast
Description as filed by funds: Ratification of the selection of KPMG LLP by the Audit Committee of the Board of Directors as the Company's independent registered public accounting firm for the year ending December 31, 2025.
MARKEL GROUP INC.’s own tally for this item (“Ratification of Selection of KPMG LLP as Independent Registered Public Accounting Firm”): 10,230,334 for, 656,685 against, per its Form 8-K filed May 23, 2025 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item.
Reported outcome: not verified — the filing’s own statement of the outcome could not be identified for this item.
Support: 94% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.
Also reported under other wordings, matched to the same row of MARKEL GROUP INC.’s official tally and shown with their own fund figures; their managers are not in the figures or the table on this card: “Ratify Appointment of Independent Auditors” (5 managers, Fund and manager reports combined; may count the same shares twice; no share total shown).
The 127 asset managers below reported 3,545,400 for, 27,183 against, 40 abstained.
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| Vanguard | 1,157,324 | 21,262 | 0 | 0 | For |
| Principal | 411,802 | 0 | 0 | 0 | For |
| Eaton Vance | 251,732 | 0 | 0 | 0 | For |
| Fidelity | 202,890 | 0 | 0 | 0 | For |
| BlackRock | 177,270 | 0 | 0 | 0 | For |
| John Hancock | 142,736 | 0 | 0 | 0 | For |
| First Trust | 139,481 | 8 | 0 | 0 | For |
| T. Rowe Price | 90,696 | 0 | 0 | 0 | For |
| DAVIS NEW YORK VENTURE FUND INC | 89,612 | 0 | 0 | 0 | For |
| Dimensional | 66,318 | 0 | 0 | 0 | For |
| Charles Schwab | 60,560 | 0 | 0 | 0 | For |
| Prudential/PGIM | 60,230 | 0 | 0 | 0 | For |
| TOUCHSTONE STRATEGIC TRUST | 56,359 | 0 | 0 | 0 | For |
| FENIMORE ASSET MANAGEMENT TRUST | 53,850 | 0 | 0 | 0 | For |
| DAVIS SERIES INC | 48,157 | 0 | 0 | 0 | For |
| Clipper Funds Trust | 42,857 | 0 | 0 | 0 | For |
| WILLIAMSBURG INVESTMENT TRUST | 38,534 | 0 | 0 | 0 | For |
| Davis Fundamental ETF Trust | 32,856 | 0 | 0 | 0 | For |
| Hartford | 29,249 | 0 | 0 | 0 | For |
| Capco Asset Management, LLC | 27,039 | 0 | 0 | 0 | For |
| SELECTED AMERICAN SHARES INC | 24,158 | 0 | 0 | 0 | For |
| TIAA | 22,898 | 0 | 0 | 0 | For |
| American Century | 21,761 | 0 | 0 | 0 | For |
| State Street | 21,741 | 1 | 0 | 0 | For |
| Transamerica | 18,717 | 0 | 0 | 0 | For |
Showing the 25 largest of 127 asset managers. See all 127 in the interactive database.
Combines 6 wordings of this item as funds reported it.
71% Majority: yes · of votes cast
Description as filed by funds: Shareholder proposal for simple majority vote.
MARKEL GROUP INC.’s own tally for this item (“Shareholder Proposal - Simple Majority Vote”): 6,697,023 for, 2,716,073 against, per its Form 8-K filed May 23, 2025 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item.
Reported outcome: not verified — the filing’s own statement of the outcome could not be identified for this item.
Support: 71% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.
Fund voting reports and institutional-manager reports both cover this item. An institutional manager can report shares that a fund it advises also reports, so the two are shown separately below and never added together, and their sum is not shown (fund and manager reports combined may count the same shares twice).
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| Vanguard | 1,178,544 | 42 | 0 | 0 | For |
| Principal | 0 | 411,802 | 0 | 0 | Against |
| Eaton Vance | 251,732 | 0 | 0 | 0 | For |
| Fidelity | 202,890 | 0 | 0 | 0 | For |
| BlackRock | 177,270 | 0 | 0 | 0 | For |
| John Hancock | 142,736 | 0 | 0 | 0 | For |
| First Trust | 139,443 | 45 | 0 | 0 | For |
| T. Rowe Price | 90,696 | 0 | 0 | 0 | For |
| DAVIS NEW YORK VENTURE FUND INC | 0 | 89,612 | 0 | 0 | Against |
| Dimensional | 66,318 | 0 | 0 | 0 | For |
| Charles Schwab | 60,560 | 0 | 0 | 0 | For |
| Prudential/PGIM | 60,230 | 0 | 0 | 0 | For |
| TOUCHSTONE STRATEGIC TRUST | 0 | 56,359 | 0 | 0 | Against |
| FENIMORE ASSET MANAGEMENT TRUST | 0 | 53,850 | 0 | 0 | Against |
| DAVIS SERIES INC | 0 | 48,157 | 0 | 0 | Against |
| Clipper Funds Trust | 0 | 42,857 | 0 | 0 | Against |
| WILLIAMSBURG INVESTMENT TRUST | 38,534 | 0 | 0 | 0 | For |
| Davis Fundamental ETF Trust | 0 | 32,856 | 0 | 0 | Against |
| Hartford | 29,249 | 0 | 0 | 0 | For |
| SELECTED AMERICAN SHARES INC | 0 | 24,158 | 0 | 0 | Against |
| TIAA | 22,898 | 0 | 0 | 0 | For |
| American Century | 21,761 | 0 | 0 | 0 | For |
| State Street | 21,711 | 31 | 0 | 0 | For |
| Transamerica | 18,717 | 0 | 0 | 0 | For |
| Jackson National | 17,125 | 0 | 0 | 0 | For |
Fund voting reports, all 123 managers: 2,733,099 for, 806,665 against, 40 abstained. Showing the 25 largest; see all in the interactive database.
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| Capco Asset Management, LLC | 0 | 27,039 | 0 | 0 | Against |
| Cheviot Value Management, LLC | 0 | 6,210 | 0 | 0 | Against |
| Cardano Risk Management B.V. | 4,481 | 0 | 0 | 0 | For |
| BRANDYWINE OAK PRIVATE WEALTH LLC | 0 | 23 | 0 | 0 | Against |
Institutional-manager reports, all 4 managers: 4,481 for, 33,272 against.
Combines 6 wordings of this item as funds reported it.
15% Majority: no · of votes cast
Description as filed by funds: Shareholder proposal for a report on the Company's greenhouse gas emissions.
MARKEL GROUP INC.’s own tally for this item (“Shareholder Proposal - Report on Company's Greenhouse Gas Emissions”): 1,374,345 for, 7,900,834 against, per its Form 8-K filed May 23, 2025 (Item 5.07). FOR was not more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item.
Reported outcome: not verified — the filing’s own statement of the outcome could not be identified for this item.
Support: 15% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.
The 125 asset managers below reported 67,081 for, 3,497,947 against, 5,519 abstained.
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| Vanguard | 21,262 | 1,157,324 | 0 | 0 | Against |
| Principal | 0 | 411,802 | 0 | 0 | Against |
| Eaton Vance | 0 | 251,732 | 0 | 0 | Against |
| Fidelity | 0 | 202,890 | 0 | 0 | Against |
| BlackRock | 2,950 | 174,320 | 0 | 0 | Against |
| John Hancock | 5,914 | 136,822 | 0 | 0 | Against |
| First Trust | 19 | 139,467 | 3 | 0 | Against |
| T. Rowe Price | 0 | 90,696 | 0 | 0 | Against |
| DAVIS NEW YORK VENTURE FUND INC | 0 | 89,612 | 0 | 0 | Against |
| Dimensional | 1,377 | 64,941 | 0 | 0 | Against |
| Charles Schwab | 0 | 60,560 | 0 | 0 | Against |
| Prudential/PGIM | 0 | 60,230 | 0 | 0 | Against |
| TOUCHSTONE STRATEGIC TRUST | 0 | 56,359 | 0 | 0 | Against |
| FENIMORE ASSET MANAGEMENT TRUST | 0 | 53,850 | 0 | 0 | Against |
| DAVIS SERIES INC | 0 | 48,157 | 0 | 0 | Against |
| Clipper Funds Trust | 0 | 42,857 | 0 | 0 | Against |
| WILLIAMSBURG INVESTMENT TRUST | 0 | 38,534 | 0 | 0 | Against |
| Davis Fundamental ETF Trust | 0 | 32,856 | 0 | 0 | Against |
| Hartford | 0 | 29,249 | 0 | 0 | Against |
| Capco Asset Management, LLC | 0 | 27,039 | 0 | 0 | Against |
| SELECTED AMERICAN SHARES INC | 0 | 24,158 | 0 | 0 | Against |
| TIAA | 22,898 | 0 | 0 | 0 | For |
| American Century | 0 | 21,761 | 0 | 0 | Against |
| State Street | 6 | 21,736 | 0 | 0 | Against |
| Transamerica | 56 | 18,661 | 0 | 0 | Against |
Showing the 25 largest of 125 asset managers. See all 125 in the interactive database.
Ranked separately for each type of Form N-PX report. An institutional manager can report shares that a fund it advises also reports, so the two tables can list the same shares and are never added together. Each is ranked by the shares voted on the item that the most managers of that type reported, shown as a share of the 12,684,687 shares outstanding at the time of that meeting.
| # | Asset manager | % of shares outstanding |
|---|---|---|
| 1 | Vanguard | 9.29% |
| 2 | Principal | 3.25% |
| 3 | Eaton Vance | 1.98% |
| 4 | Fidelity | 1.60% |
| 5 | BlackRock | 1.40% |
| 6 | John Hancock | 1.13% |
| 7 | First Trust | 1.10% |
| 8 | T. Rowe Price | 0.72% |
| 9 | DAVIS NEW YORK VENTURE FUND INC | 0.71% |
| 10 | Dimensional | 0.52% |
| # | Asset manager | % of shares outstanding |
|---|---|---|
| 1 | PRINCIPAL GLOBAL INVESTORS | 4.00% |
| 2 | DAVIS SELECTED ADVISERS | 3.13% |
| 3 | ATLANTA CAPITAL MANAGEMENT CO L L C | 2.93% |
| 4 | State Street | 1.96% |
| 5 | GEODE CAPITAL MANAGEMENT, LLC | 1.70% |
| 6 | Boston Partners | 1.68% |
| 7 | Select Equity Group, L.P. | 1.47% |
| 8 | T. Rowe Price | 1.33% |
| 9 | DAVENPORT & Co LLC | 1.14% |
| 10 | Jana Partners | 1.05% |
As disclosed to the SEC in Form 13F (quarter-end holdings of 30 large managers), Schedules 13D and 13G (beneficial ownership above 5%) and the company’s own proxy statement (DEF 14A). Each row names its form.
| Holder | % outstanding | Disclosure |
|---|---|---|
| BlackRock | 6.04% | 13F |
| Morgan Stanley | 3.80% | 13F |
| State Street | 2.45% | 13F |
| Norges Bank | 1.19% | 13F |
| Wellington Management | 1.10% | 13F |
| Dimensional Fund Advisors | 0.94% | 13F |
| Northern Trust | 0.73% | 13F |
| Charles Schwab | 0.48% | 13F |
Percentages above are of 12,684,687 shares outstanding, as reported by MARKEL GROUP INC. on its Form 10-Q dated April 23, 2025 (see the filing on EDGAR). This is the count contemporaneous with the 2024-2025 meeting, not today’s. Each holding is as of its own filing, which may be dated before or after the meeting.
Every figure above is derived from filings made with the US Securities and Exchange Commission: Form N-PX, in which registered funds disclose how they voted every proxy and institutional managers disclose their votes on executive pay (say-on-pay, say-on-frequency and golden parachutes), and Form 8-K Item 5.07, in which the company reports its own meeting results. Shares outstanding are taken from MARKEL GROUP INC.’s 10-Q dated April 23, 2025. This page is a static snapshot rebuilt weekly on October 25, 2026; a live search always shows the current data.
At MARKEL GROUP INC.'s shareholder meeting held May 21, 2025, in the 2024-2025 proxy season, 722 asset managers reported how they voted on 15 ballot items in their SEC Form N-PX filings, covering 7,359 separate fund positions. On the most widely held item on that ballot — Advisory vote on approval of executive compensation. — FOR was 98% of the votes cast (FOR divided by FOR plus AGAINST, the conventional basis for proxy support; abstentions, broker non-votes and unvoted shares are excluded because none of them took a side), which is more than half. Whether the item was approved is for the filing to say; that statement has not been read for this item. Source: MARKEL GROUP INC.'s Form 8-K, Item 5.07, filed with the U.S. Securities and Exchange Commission on May 23, 2025.
MARKEL GROUP INC. proxy season coverage: 2023-2024 · 2024-2025 (this page) · 2025-2026.
Download data (CSV): ballot items · votes by manager · column guide.