Question 1

How many shares of NVO does MARKEL GROUP INC. own?

Accepted Answer

As of 2026-Q2, MARKEL GROUP INC. holds 2.9M shares of NVO (NOVO-NORDISK A/S-SPONS ADR).

Question 2

What is MARKEL GROUP INC.'s NVO position worth?

Accepted Answer

As of 2026-Q2, MARKEL GROUP INC.'s NVO position is worth $137.6M.

Question 3

When did MARKEL GROUP INC. first buy NVO?

Accepted Answer

Based on available 13F filings, MARKEL GROUP INC. first reported a position in NVO in 2024-Q3. They have held the position across 30 quarters.

Quarter	Action	Shares	Change	Value	Weight	Price	Conviction
2026-Q2 Latest	Unchanged	2.9M	0.0%	$137.6M	1.0%	$47.94	0
2026-Q1	Unchanged	2.9M	0.0%	$105.5M	0.9%	$36.66	0
2025-Q4	Increased	2.9M	+21.2%	$146M	1.2%	$51.22	57
2025-Q3	Increased	2.4M	+4.9%	$131.4M	1.1%	$55.50	50
2025-Q2	Increased	2.3M	+5.0%	$155.9M	1.3%	$67.75	50
2025-Q1	Unchanged	2.2M	0.0%	$149.3M	1.3%	$67.44	0
2024-Q4	Unchanged	2.2M	0.0%	$184.9M	1.6%	$83.43	0
2024-Q3	Unchanged	2.2M	0.0%	$256M	2.3%	$117.52	0