Markel Corporation bonds MKL
Who owns Markel Corporation's debt and what their own filings say it is worth. Bond prices and yields are fund-reported marks (SEC Form N-PORT) as of Jul 2026; they lag the market by about two months. MKL stock page.
Every bond funds hold
Each bond's latest fund-reported mark. Price per 100 of face value; yield to maturity from price, coupon and maturity; spread over the matched-maturity Treasury for US-dollar bonds.
| Bond | Coupon | Maturity | Ccy | Price | Yield | Spread | Funds | Held | As of |
|---|---|---|---|---|---|---|---|---|---|
| 570535AR5 | 3.5% fixed | 2027-11-01 | USD | 98.59 | 4.67% | 57 bp | 11 | $30.7M | Jul 2026 |
| 570535AU8 | 3.35% fixed | 2029-09-17 | USD | 95.49 | 4.92% | 66 bp | 10 | $8.7M | Jul 2026 |
| 570535AP9 | 5% fixed | 2043-03-30 | USD | 87.42 | 6.22% | 128 bp | 5 | $704K | Jul 2026 |
| 570535AQ7 | 5% fixed | 2046-04-05 | USD | 85.92 | 6.25% | 116 bp | 7 | $7.7M | Jul 2026 |
| 570535AS3 | 4.3% fixed | 2047-11-01 | USD | 76.72 | 6.30% | 119 bp | 5 | $403K | Jul 2026 |
| 570535AT1 | 5% fixed | 2049-05-20 | USD | 83.92 | 6.34% | 124 bp | 7 | $13.3M | Jul 2026 |
| 570535AV6 | 4.15% fixed | 2050-09-17 | USD | 73.32 | 6.32% | 121 bp | 4 | $883K | Jul 2026 |
| 570535AX2 | 3.45% fixed | 2052-05-07 | USD | 64.23 | 6.26% | 116 bp | 5 | $872K | Jul 2026 |
| 570535AY0 | 6% fixed | 2054-05-16 | USD | 95.35 | 6.36% | 126 bp | 11 | $3.0M | Jul 2026 |
Spread history
Median spread of the US-dollar bonds over Treasuries, month-ends with complete filings. Fund-reported.
Price history
Median fund-marked price across the bonds, per 100 of face value.
By month
Funds file on staggered quarter-ends, so each month-end is marked by the funds that reported for it; the amount held moves with which funds filed, not only with buying and selling.
| Month-end | Bonds | Held | Median price | USD yield | USD spread | Most funds on one bond |
|---|---|---|---|---|---|---|
| Jul 2026 | 9 | $66.2M | 85.92 | 6.26% | 119 bp | 11 |
| Jun 2026 | 9 | $156.5M | 89.36 | 5.92% | 100 bp | 21 |
| May 2026 | 9 | $82.2M | 88.96 | 5.96% | 97 bp | 18 |
| Apr 2026 | 9 | $48.5M | 87.41 | 6.13% | 126 bp | 11 |
| Mar 2026 | 9 | $153.7M | 87.70 | 6.10% | 134 bp | 22 |
| Feb 2026 | 9 | $86.2M | 91.67 | 5.75% | 104 bp | 18 |
| Jan 2026 | 9 | $42.6M | 90.51 | 5.86% | 106 bp | 11 |
| Dec 2025 | 9 | $154.0M | 89.98 | 5.88% | 112 bp | 22 |
| Nov 2025 | 9 | $84.8M | 90.69 | 5.74% | 110 bp | 17 |
| Oct 2025 | 9 | $50.8M | 90.97 | 5.76% | 114 bp | 11 |
| Sep 2025 | 9 | $155.4M | 91.11 | 5.77% | 104 bp | 22 |
| Aug 2025 | 9 | $88.0M | 88.68 | 5.97% | 114 bp | 17 |
| Jul 2025 | 9 | $59.2M | 88.34 | 5.98% | 106 bp | 17 |
Who holds the debt
Fund series in their latest quarterly N-PORT report, largest first, with the change in face value against each fund's own previous report. Names as reported in the filings. 18 added, 18 cut, 5 new holders and 1 exits in the latest quarter.
| Fund series | Report | Face value | Value | Change in face value |
|---|---|---|---|---|
| VANGUARD TOTAL BOND MARKET INDEX FUND VANGUARD BOND INDEX FUNDS | 2026-06-30 | $50.0M | $43.9M | -$300K |
| AST Multi-Sector Fixed Income Portfolio Advanced Series Trust | 2026-06-30 | $50.7M | $41.5M | $0 |
| VANGUARD TOTAL BOND MARKET II INDEX FUND VANGUARD BOND INDEX FUNDS | 2026-06-30 | $41.4M | $35.4M | $0 |
| PGIM Total Return Bond Fund Prudential Investment Portfolios, Inc. 17 | 2026-07-31 | $21.9M | $18.5M | $0 |
| iShares Core U.S. Aggregate Bond ETF iShares Trust | 2026-05-31 | $20.4M | $17.7M | -$925K |
| Dimensional Ultrashort Fixed Income ETF Dimensional ETF Trust | 2026-07-31 | $14.8M | $14.6M | new |
| Fidelity U.S. Bond Index Fund Fidelity Salem Street Trust | 2026-05-31 | $14.0M | $13.8M | $0 |
| VANGUARD SHORT-TERM CORPORATE BOND INDEX FUND VANGUARD SCOTTSDALE FUNDS | 2026-05-31 | $10.1M | $9.8M | $0 |
| Invesco Equity and Income Fund AIM Counselor Series Trust (Invesco Counselor Series Trust) | 2026-05-31 | $9.3M | $8.3M | $0 |
| Permanent Portfolio PERMANENT PORTFOLIO FAMILY OF FUNDS | 2026-07-31 | $7.4M | $7.3M | $2.4M |
| iShares Broad USD Investment Grade Corporate Bond ETF iShares Trust | 2026-05-31 | $7.6M | $6.5M | -$415K |
| Short-Term Income Fund Principal Funds, Inc | 2026-07-31 | $4.7M | $4.7M | $0 |
| VANGUARD LONG-TERM CORPORATE BOND INDEX FUND VANGUARD SCOTTSDALE FUNDS | 2026-05-31 | $5.3M | $4.5M | -$1.3M |
| VANGUARD SHORT-TERM BOND INDEX FUND VANGUARD BOND INDEX FUNDS | 2026-06-30 | $4.6M | $4.5M | $100K |
| Multi-Manager Total Return Bond Strategies Fund COLUMBIA FUNDS SERIES TRUST I | 2026-05-31 | $5.1M | $4.5M | $0 |
| iShares Core Universal USD Bond ETF iShares Trust | 2026-07-31 | $5.0M | $4.2M | $550K |
| Fidelity Series Bond Index Fund Fidelity Salem Street Trust | 2026-05-31 | $4.5M | $4.2M | $0 |
| VANGUARD LONG-TERM BOND INDEX FUND VANGUARD BOND INDEX FUNDS | 2026-06-30 | $5.0M | $4.2M | -$190K |
| iShares 1-5 Year Investment Grade Corporate Bond ETF iShares Trust | 2026-05-31 | $3.8M | $3.7M | $555K |
| State Street(R) SPDR(R) Portfolio Intermediate Term Corporate Bond ETF SPDR SERIES TRUST | 2026-06-30 | $3.0M | $2.9M | $34K |
| Nuveen Bond Index Fund TIAA-CREF Funds | 2026-06-30 | $3.1M | $2.7M | $0 |
| iShares 10+ Year Investment Grade Corporate Bond ETF iShares Trust | 2026-05-31 | $3.1M | $2.6M | -$200K |
| iShares iBonds Dec 2029 Term Corporate ETF iShares Trust | 2026-07-31 | $2.7M | $2.6M | $146K |
| VANGUARD BALANCED INDEX FUND VANGUARD VALLEY FORGE FUNDS | 2026-06-30 | $3.0M | $2.6M | $0 |
| iShares U.S. Long Credit Bond Index Fund BlackRock Funds | 2026-07-31 | $2.9M | $2.4M | $0 |
Largest exits in the latest quarter (fund held the bonds in its previous report, none now): Nationwide Bond Index Fund ($50K).
ETFs holding these bonds
From each ETF's own latest N-PORT report: the issuer's bonds as a share of the ETF's net assets. A holdings list, not a recommendation.
| ETF | Report | Bonds | Face value | Value | % of net assets |
|---|---|---|---|---|---|
| BND VANGUARD TOTAL BOND MARKET INDEX FUND | 2026-06-30 | 8 | $50.0M | $43.9M | 0.01% |
| AGG iShares Core U.S. Aggregate Bond ETF | 2026-05-31 | 8 | $20.4M | $17.7M | 0.01% |
| DUSB Dimensional Ultrashort Fixed Income ETF | 2026-07-31 | 1 | $14.8M | $14.6M | 0.66% |
| VCSH VANGUARD SHORT-TERM CORPORATE BOND INDEX FUND | 2026-05-31 | 2 | $10.1M | $9.8M | 0.02% |
| USIG iShares Broad USD Investment Grade Corporate Bond ETF | 2026-05-31 | 9 | $7.6M | $6.5M | 0.04% |
| VCLT VANGUARD LONG-TERM CORPORATE BOND INDEX FUND | 2026-05-31 | 5 | $5.3M | $4.5M | 0.05% |
| BSV VANGUARD SHORT-TERM BOND INDEX FUND | 2026-06-30 | 2 | $4.6M | $4.5M | 0.01% |
| IUSB iShares Core Universal USD Bond ETF | 2026-07-31 | 8 | $5.0M | $4.2M | 0.01% |
| BLV VANGUARD LONG-TERM BOND INDEX FUND | 2026-06-30 | 6 | $5.0M | $4.2M | 0.05% |
| IGSB iShares 1-5 Year Investment Grade Corporate Bond ETF | 2026-05-31 | 2 | $3.8M | $3.7M | 0.02% |
| SPIB State Street(R) SPDR(R) Portfolio Intermediate Term Corporate Bond ETF | 2026-06-30 | 2 | $3.0M | $2.9M | 0.02% |
| IGLB iShares 10+ Year Investment Grade Corporate Bond ETF | 2026-05-31 | 7 | $3.1M | $2.6M | 0.10% |
| IBDU iShares iBonds Dec 2029 Term Corporate ETF | 2026-07-31 | 1 | $2.7M | $2.6M | 0.06% |
| IBDS iShares iBonds Dec 2027 Term Corporate ETF | 2026-07-31 | 1 | $2.4M | $2.3M | 0.06% |
| SPSB State Street(R) SPDR(R) Portfolio Short Term Corporate Bond ETF | 2026-06-30 | 1 | $1.7M | $1.6M | 0.02% |
Default risk, three ways
Stock market: distance-to-default
Not computed: financial company (banks, insurers, BDCs and REITs carry leverage as their business, which the model misreads).
Bond market: priced-in odds
A 119 bp spread prices in about 2.0% a year of default odds (spread ÷ (1 − 40% recovery)). Fund-reported marks as of Jul 2026; the spread also pays for liquidity and risk premium, so this overstates actual defaults.
Accounts: Altman Z
Not available.
The stock side: 13F filings
What institutions report holding in MKL's stock and options. Options are reported at the value of the underlying shares, not the premium paid; 13F lists long positions only, lags 45 days after quarter-end, and does not show whether puts hedge a stock position.
| Quarter-end | Stock holders | Stock value | Put managers | Puts (underlying value) | Call managers | Calls (underlying value) | Convertible holders |
|---|---|---|---|---|---|---|---|
| 2026-09-30 filings still arriving | 116 | $959.6M | 0 | — | 0 | — | 0 |
| 2026-06-30 | 918 | $18.46B | 6 | $40.9M | 8 | $127.1M | 0 |
| 2026-03-31 | 912 | $15.53B | 4 | $23.5M | 6 | $100.3M | 0 |
| 2025-12-31 | 916 | $20.62B | 6 | $127.0M | 8 | $154.6M | 0 |
| 2025-09-30 | 852 | $18.57B | 5 | $140.3M | 6 | $116.2M | 0 |
| 2025-06-30 | 842 | $19.51B | 9 | $101.2M | 9 | $103.0M | 0 |
Sources: fund holdings and fund-reported marks from SEC Form N-PORT (published about 60 days after each month-end); 13F filings; House and Senate periodic transaction reports and OGE Form 278-T; Treasury yields from FRED. Findings from filings, not advice. How each number is computed.