13F-HR 1 d13fhr.txt FORM 13F-HR UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 13F Form 13F COVER PAGE Report for the Calendar Year or Quarter: June 30, 2002 ----------------- 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 8/8/02 ---------------------- ---------------------------- ------------------- [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: 109 ----------------- Form 13F Information Table Value Total: $ 593062 ----------------- (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 28-6745 Evanston Insurance Company Markel Gayner Asset Mangement Corporation FORM 1F June 30, 2002

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 1397 37100 SH Other 1 37100 Ace Limited COM G0070K103 4945 156500 SH Other 1 156500 Albertsons COM 013104104 3841 126100 SH Other 1 126100 Allied Capital Corp. COM 019033109 2491 110000 SH Other 1,2 110000 5194 229300 SH Other 1 229300 Aluminum Company of America COM 022249106 6526 196880 SH Other 1,2 196880 3428 103402 SH Other 1 103402 American Express COM 025816109 4976 137000 SH Other 1,2 137000 8125 223700 SH Other 1 223700 Anheuser Busch COM 035229103 17609 352175 SH Other 1,2 352175 20490 409805 SH Other 1 409805 Automatic Data Processing COM 019411107 1346 30906 SH Other 1 30906 Bank One COM 06423A103 385 10000 SH Other 1 10000 Bank of New York COM 064057102 1687 50000 SH Other 1,2 50000 4250 125900 SH Other 1 125900 Berkshire Hathaway Class B COM 084670207 11673 5225 SH Other 1,2 5225 51773 23175 SH Other 1 23175 Berkshire Hathaway, Inc. COM 10382K102 9686 145 SH Other 1,2 145 5411 81 SH Other 1 81 Bristol Myers Squibb COM 110122108 3436 133700 SH Other 1 133700 British Petroleum COM 055622104 255 5059 SH Other 1 5059 Brown Forman Class A COM 115637100 806 11500 SH Other 1,2 11500 9459 134930 SH Other 1 134930 Carmax COM 172737306 11659 538500 SH Other 1,2 538500 10007 462217 SH Other 1 462217 Cedar Fair LP COM 150185106 601 25300 SH Other 1 25300 Centerpoint Property Trust COM 151895109 14236 245400 SH Other 1,2 245400 17438 300600 SH Other 1 300600 Cincinnati Financial COM 172062101 7445 160000 SH Other 1,2 160000 17097 367435 SH Other 1 367435 Circuit City COM 172737108 7715 411446 SH Other 1 411446 Claire's Stores COM 179584107 572 25000 SH Other 1,2 25000 4747 207300 SH Other 1 207300 Clayton Homes COM 184190106 395 25000 SH Other 1,2 25000 25770 1631025 SH Other 1 1631025 Coca Cola Co. COM 191216100 302 5400 SH Other 1 5400 Corus Bankshares COM 220873103 459 10000 SH Other 1 10000 Costco COM 22160K105 2897 75000 SH Other 1,2 75000 1544 40000 SH Other 1 40000 Exxon Corporation COM 302290101 3023 73872 SH Other 1 73872 Family Golf Centers Inc. COM 30701A106 0 60000 SH Other 1,2 60000 1 100000 SH Other 1 100000 Fairfax Financial Holdings Ltd. COM 303901102 2998 30000 SH Other 1,2 30000 Ford Motor Co. COM 345370100 400 25000 SH Other 1,2 25000 3273 204574 SH Other 1 204574 Gannett Company COM 364730101 1682 22167 SH Other 1 22167 General Electric COM 369604103 489 16850 SH Other 1 16850 Golden West Financial COM 381317106 1551 22550 SH Other 1 22550 HCC Corporation COM 404132102 15810 600000 SH Other 1,2 600000 6864 260500 SH Other 1 260500 Harrah's Entertainment COM 413619107 443 10000 SH Other 1,2 10000 6631 149500 SH Other 1 149500 Highlands Insurance Group COM 431032101 1 174900 SH Other 1 174900 International Speedway COM 460335201 910 22700 SH Other 1,2 22700 6143 153200 SH Other 1 153200 Interpublic Group COM 460690100 1684 68000 SH Other 1,2 68000 5259 212400 SH Other 1 212400 Investors Title Company COM 461804106 819 42200 SH Other 1,2 42200 3821 196950 SH Other 1 196950 Johnson and Johnson COM 478160104 1421 27200 SH Other 1 27200 Kaneb Services COM 484173109 6450 322500 SH Other 1 322500 Lockheed Martin COM 539830109 205 2952 SH Other 1 2952 MBIA Inc. COM 55262C100 7547 133500 SH Other 1 133500 Marriot International COM 571903202 2557 67200 SH Other 1 67200 Marsh & McLennan COM 571748102 3188 33000 SH Other 1 33000 Martin Marietta Materials COM 573284106 1658 42500 SH Other 1,2 42500 18395 471680 SH Other 1 471680 Massey Energy COM 576206106 3316 261100 SH Other 1 261100 Merck COM 58155Q103 3045 60125 SH Other 1 60125

Markel Gayner Asset Management Corporation FORM 13F June 30, 2002

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 ---------------------------------------------------------------------------------------------------------------------------- Nike COM 654106103 1609 30000 SH Other 1 30000 Penn National Gaming COM 707569109 1125 62000 SH Other 1,2 62000 2821 155400 SH Other 1 155400 Pepsico COM 713448108 1644 34100 SH Other 1 34100 Pfizer Inc COM 717081103 2042 58350 SH Other 1 58350 Pharmacia & Upjohn COM 71713U102 1270 33920 SH Other 1 33920 Philip Morris, Inc. COM 718154107 5180 118600 SH Other 1 118600 Plains Resources Inc. COM 726540503 1216 45440 SH Other 1,2 45440 Plum Creek Lumber COM 729237107 497 16187 SH Other 1 16187 RLI Corporation COM 749607107 2362 46312 SH Other 1,2 46312 14215 278721 SH Other 1 278721 Schering Plough COM 806605101 922 37500 SH Other 1 37500 ServiceMaster COM 817615107 2127 155000 SH Other 1,2 155000 4518 329343 SH Other 1 329343 Smithfield Foods COM 832248108 1593 85900 SH Other 1 85900 Southwest Airlines COM 844741108 404 25000 SH Other 1,2 25000 2117 131000 SH Other 1 131000 State Street Corp COM 857477103 447 10000 SH Other 1,2 10000 912 20400 SH Other 1 20400 United Dominion Realty Trust COM 910197102 192 12200 SH Other 1 12200 United Mobile Homes COM 911024107 169 13000 SH Other 1 13000 United Parcel Service COM 911312106 617 10000 SH Other 1,2 10000 3650 59100 SH Other 1 59100 Valley National Bank COM 919794107 578 20808 SH Other 1,2 20808 1170 42097 SH Other 1 42097 Vulcan Materials COM 929160109 701 16000 SH Other 1,2 16000 2566 58600 SH Other 1 58600 Walt Disney Company COM 254687106 945 50000 SH Other 1,2 50000 2954 156315 SH Other 1 156315 Washington Post Co COM 939640108 1921 3525 SH Other 1 3525 Washington Real Estate Investm COM 939653101 2760 95500 SH Other 1,2 95500 11664 403600 SH Other 1 403600 Waste Management COM 94106l109 651 25000 SH Other 1,2 25000 5911 226936 SH Other 1 226936 White Mountains COM G9618E107 95 300 SH Other 1,2 300 45892 145000 SH Other 1 145000 Wyeth Inc. COM 026609107 1645 32120 SH Other 1 32120 XL Capital COM G3242A102 30421 359160 SH Other 1,2 359160 19810 233889 SH Other 1 233889 Zimmer Holdings Inc. COM 98956P102 72 2030 SH Other 1 2030 REPORT SUMMARY 109 DATA RECORDS $593062 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: June 30, 2002 ----------------- 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 8/8/02 ---------------------- ---------------------------- ------------------- [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: June 30, 2002 ----------------- 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: 28-6745 -------------- 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 8/8/02 ---------------------- ---------------------------- ------------------- [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