13F-HR 1 d13fhr.txt FORM 13F UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 13F Form 13F COVER PAGE Report for the Calendar Year or Quarter: September 30, 2001 ----------------- Check here if Amendment [ ]; Amendment Number: ____ This Amendment (Check only one.): [ ] is a restatement. [ ] adds new holdings entries. Institutional Investment Manager Filing this Report: Name: Markel Gayner Asset Management Corporation Address: 4521 Highwoods Pkwy Glen Allen, VA 23060 Form 13F File Number: 28-6056 -------- The institutional investment manager filing this report and the person by whom it is signed hereby represent that the person signing the report is authorized to submit it, that all information contained herein is true, correct and complete, and that it is understood that all required items, statements, schedules, lists, and tables, are considered integral parts of this form. Person Signing this Report on Behalf of Reporting Manager: Name: Thomas S. Gayner Title: President Phone: 804-527-3806 Signature, Place, and Date of Signing: Thomas S. Gayner Richmond, VA 11/14/01 ---------------------- ---------------------------- ------------------- [Signature] [City, State] [Date] Report Type (Check only one.): [X] 13F HOLDINGS REPORT. (Check here if all holdings of this reporting manager are reported in this report.) [ ] 13F NOTICE. (Check here if no holdings reported are in this report, and all holdings are reported by other reporting manager(s).) [ ] 13F COMBINATION REPORT. (Check here if a portion of the holdings for this reporting manager are reported in this report and a portion are reported by other reporting manager(s).) 1 Form 13F SUMMARY PAGE Report Summary: Number of Other Included Managers: 2 ----------------- Form 13F Information Table Entry Total: 105 ----------------- Form 13F Information Table Value Total: $ 501403 ----------------- (thousands) List of Other Included Managers: Provide a numbered list of the name(s) and Form 13F file number(s) of all institutional investment managers with respect to which this report is filed, other than the manager filing this report. No. Form 13F File Number Name -- -------------------- ----- 1 28-6647 Markel Corporation 2 To Be Assigned Evanston Insurance Company Markel Gayner Asset Management Corporation FORM 13F September 30, 2001

Voting Authority Title of Value Shares/ Sh/ Put/ Invstmt Other -------------------- Name of Issuer Class Cusip (x$1000) Prn Amt Prn Call Dscretn Managers Sole Shared None ------------------------------------------------------------------------------------------------------------------------- Abbott Laboratories COM 002824100 1405 27100 SH Other 1 27100 Ace Limited COM G0070K103 4700 162800 SH Other 1 162800 Albertsons COM 013104104 797 25000 SH Other 1,2 25000 4377 137300 SH Other 1 137300 Allied Capital Corp. COM 019033109 2275 100000 SH Other 1,2 100000 146 6400 SH Other 1 6400 Aluminum Company of America COM 022249106 6105 196880 SH Other 1,2 196880 3207 103402 SH Other 1 103402 American Express COM 025816109 3981 137000 SH Other 1,2 137000 5507 189500 SH Other 1 189500 American Home Products COM 026609107 1865 32020 SH Other 1 32020 Amwest COM 032345100 1 84458 SH Other 1,2 84458 2 138787 SH Other 1 138787 Anheuser Busch COM 035229103 9967 238000 SH Other 1,2 238000 19842 473768 SH Other 1 473768 Automatic Data Processing COM 019411107 1444 30700 SH Other 1 30700 Bank of New York COM 064057102 1400 40000 SH Other 1,2 40000 2243 64100 SH Other 1 64100 Berkshire Hathaway Class B COM 084670207 12174 5225 SH Other 1,2 5225 51892 22271 SH Other 1 22271 Berkshire Hathaway, Inc. COM 10382K102 10150 145 SH Other 1,2 145 5110 73 SH Other 1 73 Bristol Myers Squibb COM 110122108 1695 30500 SH Other 1 30500 Brown Forman Class A COM 115637100 736 11500 SH Other 1,2 11500 8572 133930 SH Other 1 133930 Carmax COM 172737306 6058 538500 SH Other 1,2 538500 5074 451000 SH Other 1 451000 Cedar Fair LP COM 150185106 866 44300 SH Other 1,2 44300 7488 383000 SH Other 1 383000 Centerpoint Property Trust COM 151895109 11718 245400 SH Other 1,2 245400 13384 280300 SH Other 1 280300 Cincinnati Financial COM 172062101 6659 160000 SH Other 1,2 160000 14098 338735 SH Other 1 338735 Circuit City COM 172737108 2100 175000 SH Other 1,2 175000 2743 228600 SH Other 1 228600 Claire's Stores COM 179584107 316 25000 SH Other 1,2 25000 2940 232400 SH Other 1 232400 Clayton Homes COM 184190106 305 25000 SH Other 1,2 25000 20232 1658350 SH Other 1 1658350 Costco COM 22160K105 2667 75000 SH Other 1,2 75000 1422 40000 SH Other 1 40000 Exxon Corporation COM 302290101 2442 61972 SH Other 1 61972 Family Golf Centers Inc. COM 30701A106 1 60000 SH Other 1,2 60000 1 100000 SH Other 1 100000 Ford Motor Co. COM 345370100 434 25000 SH Other 1,2 25000 3506 202074 SH Other 1 202074 Gannett Company COM 364730101 1328 22100 SH Other 1 22100 General Electric COM 369604103 368 9900 SH Other 1 9900

Markel Gayner Asset Management Corporation FORM 13F September 30, 2001

Voting Authority Title of Value Shares/ Sh/ Put/ Invstmt Other -------------------- Name of Issuer Class Cusip (x$1000) Prn Amt Prn Call Dscretn Managers Sole Shared None ------------------------------------------------------------------------------------------------------------------------- HCC Corporation COM 404132102 15780 600000 SH Other 1,2 600000 6851 260500 SH Other 1 260500 Harrah's Entertainment COM 413619107 3085 114200 SH Other 1 114200 Highlands Insurance Group COM 431032101 429 174900 SH Other 1 174900 International Speedway COM 460335201 791 22700 SH Other 1,2 22700 4866 139700 SH Other 1 139700 Interpublic Group COM 460690100 877 43000 SH Other 1,2 43000 2050 100500 SH Other 1 100500 Investors Title Company COM 461804106 644 42200 SH Other 1,2 42200 3003 196950 SH Other 1 196950 Johnson and Johnson COM 478160104 1518 27404 SH Other 1 27404 Kimberly Clark Corp COM 494368103 355 5725 SH Other 1 5725 Marriot International COM 571903202 2218 66400 SH Other 1 66400 Marsh & McLennan COM 571748102 1596 16500 SH Other 1 16500 Martin Marietta Materials COM 573284106 1662 42500 SH Other 1,2 42500 17620 450516 SH Other 1 450516 Massey Energy COM 576206106 3825 261100 SH Other 1 261100 Merck COM 58155Q103 1965 29500 SH Other 1 29500 Mondavi Wineries COM 609200100 1093 30700 SH Other 1,2 30700 2663 74800 SH Other 1 74800 Nike COM 654106103 1404 30000 SH Other 1 30000 Penn National Gaming COM 707569109 508 31000 SH Other 1,2 31000 1291 78700 SH Other 1 78700 Pepsico COM 713448108 1630 33600 SH Other 1 33600 Pfizer Inc COM 717081103 2185 54500 SH Other 1 54500 Pharmacia & Upjohn COM 71713U102 1375 33920 SH Other 1 33920 Philip Morris, Inc. COM 718154107 5742 118900 SH Other 1 118900 Plains Resources Inc. COM 726540503 1181 45440 SH Other 1,2 45440 Plum Creek Lumber COM 729237107 462 17300 SH Other 1 17300 RLI Corporation COM 749607107 1899 46312 SH Other 1,2 46312 11428 278721 SH Other 1 278721 ServiceMaster COM 817615107 1719 155000 SH Other 1,2 155000 3597 324343 SH Other 1 324343 Southwest Airlines COM 844741108 371 25000 SH Other 1,2 25000 1944 131000 SH Other 1 131000 State Street Corp COM 857477103 455 10000 SH Other 1,2 10000 928 20400 SH Other 1 20400 Synalloy Corporation COM 871565107 73 15450 SH Other 1 15450 United Dominion Realty Trust COM 910197102 203 14200 SH Other 1 14200 United Mobile Homes COM 911024107 144 13000 SH Other 1 13000 United Parcel Service COM 911312106 1897 36500 SH Other 1 36500 Valley National Bank COM 919794107 495 16647 SH Other 1,2 16647 1002 33678 SH Other 1 33678 Vulcan Materials COM 929160109 259 6000 SH Other 1,2 6000 2095 48500 SH Other 1 48500 Wal-Mart Stores COM 931142103 1406 28400 SH Other 1 28400 Walt Disney Company COM 254687106 931 50000 SH Other 1,2 50000 1754 94215 SH Other 1 94215 Washington Post Co COM 939640108 1832 3525 SH Other 1 3525 Washington Real Estate Investm COM 939653101 2265 95500 SH Other 1,2 95500 9538 402100 SH Other 1 402100 Waste Management COM 94106l109 669 25000 SH Other 1,2 25000 4714 176300 SH Other 1 176300 White Mountain COM G9618E107 100 300 SH Other 1,2 300 48285 145000 SH Other 1 145000 XL Capital COM G3242A102 28373 359160 SH Other 1,2 359160 18615 235637 SH Other 1 235637 REPORT SUMMARY 105 DATA RECORDS $501403 2 OTHER MANAGERS ON WHOSE BEHALF REPORT IS FILED

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 13F Form 13F COVER PAGE Report for the Calendar Year or Quarter: September 30, 2001 ----------------- Check here if Amendment [ ]; Amendment Number: ____ This Amendment (Check only one.): [ ] is a restatement. [ ] adds new holdings entries. Institutional Investment Manager Filing this Report: Name: Markel Corporation Address: 4521 Highwoods Pkwy Glen Allen, VA 23060 Form 13F File Number: 28-6647 -------------- The institutional investment manager filing this report and the person by whom it is signed hereby represent that the person signing the report is authorized to submit it, that all information contained herein is true, correct and complete, and that it is understood that all required items, statements, schedules, lists, and tables, are considered integral parts of this form. Person Signing this Report on Behalf of Reporting Manager: Name: Thomas S. Gayner Title: Chief Investment Officer Phone: 804-527-3806 Signature, Place, and Date of Signing: Thomas S. Gayner Richmond, VA 11/14/01 ---------------------- ---------------------------- ------------------- [Signature] [City, State] [Date] Report Type (Check only one.): [ ] 13F HOLDINGS REPORT. (Check here if all holdings of this reporting manager are reported in this report.) [X] 13F NOTICE. (Check here if no holdings reported are in this report, and all holdings are reported by other reporting manager(s).) [ ] 13F COMBINATION REPORT. (Check here if a portion of the holdings for this reporting manager are reported in this report and a portion are reported by other reporting manager(s).) List of Other Managers Reporting for this Manager: Form 13F File Number Name -------------------- ---- 28-6056 Markel Gayner Asset Management Corporation UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 13F Form 13F COVER PAGE Report for the Calendar Year or Quarter: September 30, 2001 ----------------- Check here if Amendment [ ]; Amendment Number: ____ This Amendment (Check only one.): [ ] is a restatement. [ ] adds new holdings entries. Institutional Investment Manager Filing this Report: Name: Evanston Insurance Company Address: Ten Parkway North Deerfield, IL 60015 Form 13F File Number: To Be Assigned -------------- The institutional investment manager filing this report and the person by whom it is signed hereby represent that the person signing the report is authorized to submit it, that all information contained herein is true, correct and complete, and that it is understood that all required items, statements, schedules, lists, and tables, are considered integral parts of this form. Person Signing this Report on Behalf of Reporting Manager: Name: Anne Waleski Title: Assistant Treasurer Phone: 804-747-0136 Signature, Place, and Date of Signing: Anne Waleski Richmond, VA 11/14/01 ---------------------- ---------------------------- ------------------- [Signature] [City, State] [Date] Report Type (Check only one.): [ ] 13F HOLDINGS REPORT. (Check here if all holdings of this reporting manager are reported in this report.) [X] 13F NOTICE. (Check here if no holdings reported are in this report, and all holdings are reported by other reporting manager(s).) [ ] 13F COMBINATION REPORT. (Check here if a portion of the holdings for this reporting manager are reported in this report and a portion are reported by other reporting manager(s).) List of Other Managers Reporting for this Manager: Form 13F File Number Name -------------------- ---- 28-6056 Markel Gayner Asset Management Corporation