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, 2000
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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
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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: 804-747-0136
Signature, Place, and Date of Signing:
Thomas S. Gayner Richmond, VA 11/3/00
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[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).)
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Form 13F SUMMARY PAGE
Report Summary:
Number of Other Included Managers: 0
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Form 13F Information Table Entry Total: 78
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Form 13F Information Table Value Total: 352,764
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(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.
NONE
<PAGE>
<TABLE>
Markel Gayner Asset Management
FORM 13F
September 30, 2000
<CAPTION>
Voting Authority
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Title of Value Shares/ Sh/ Put/ Invstmt
Name of Issuer class CUSIP (x$1000) Prn Amt Prn Call Dscretn Managers Sole Shared None
------------------------------ --------- --------- -------- ------- --- ---- ------- ---------- -------- -------- --------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
A.J. Gallagher COM 363576109 1360 23000 SH Other 23000
Abbott Laboratories COM 002824100 1279 26900 SH Other 26900
Ace Limited COM G0070K103 6421 163600 SH Other 163600
Albertsons COM 013104104 2877 137000 SH Other 137000
Aluminum Company of America COM 022249106 7652 302282 SH Other 302282
Alza Corp COM 009728040 874 10100 SH Other 10100
American Express COM 025816109 8748 144000 SH Other 144000
American Home Products COM 026609107 1805 31920 SH Other 31920
American Tower COM 029912201 705 18700 SH Other 18700
Amwest COM 032345100 1203 240573 SH Other 240573
Anheuser Busch COM 035229103 29490 696968 SH Other 696968
Aurora Foods COM 05164B106 637 192400 SH Other 192400
Automatic Data Processing COM 019411107 1384 20700 SH Other 20700
Bank of New York COM 064057102 1704 30400 SH Other 30400
Bemis Co COM 081437105 385 12000 SH Other 12000
Berkshire Hathaway Class B COM 084670207 46157 22298 SH Other 22298
Berkshire Hathaway, Inc. COM 10382K102 13588 211 SH Other 211
Bristol Myers Squibb COM 110122108 1160 20300 SH Other 20300
Brown Forman Class A COM 115637100 7866 145830 SH Other 145830
CIT Financial COM 125577106 1750 100000 SH Other 100000
Caraustar Industries COM 140909102 1276 115300 SH Other 115300
Carmax COM 172737306 1755 384700 SH Other 384700
Cedar Fair LP COM 150185106 7965 432000 SH Other 432000
Centerpoint Property Trust COM 151895109 23133 502200 SH Other 502200
Cincinnati Financial COM 172062101 10932 307935 SH Other 307935
Circuit City COM 172737108 674 29300 SH Other 29300
Claire's Stores COM 179584107 1850 102800 SH Other 102800
Clayton Homes COM 184190106 15868 1586850 SH Other 1586850
Cleveland Cliffs COM 185896107 634 27700 SH Other 27700
DuPont COM 263534109 414 10000 SH Other 10000
Ethan Allen Interiors COM 297602104 408 14400 SH Other 14400
Exxon Corporation COM 302290101 2735 30686 SH Other 30686
Gannett Company COM 364730101 1166 22000 SH Other 22000
General Dynamics COM 369550108 1935 30800 SH Other 30800
General Electric COM 369604103 554 9600 SH Other 9600
Glaxo COM 37733W105 242 4000 SH Other 4000
H&R Block COM 093671105 1453 39200 SH Other 39200
HCC Corporation COM 404132102 6307 310500 SH Other 310500
Hillenbrand Industries COM 431573104 10655 238100 SH Other 238100
Honeywell COM 438516106 937 26300 SH Other 26300
Intel COM 458140180 1291 31072 SH Other 31072
International Speedway COM 460335201 6228 159700 SH Other 159700
Interpublic Group COM 460690100 1249 36660 SH Other 36660
Investors Title Company COM 461804106 2528 240750 SH Other 240750
J. Alexanders COM 928753102 297 93300 SH Other 93300
Johnson and Johnson COM 478160104 1287 13702 SH Other 13702
Kimberly Clark Corp COM 494368103 1697 30405 SH Other 30405
Marriot International COM 571903202 2037 55900 SH Other 55900
Marsh & McLennan COM 571748102 2190 16500 SH Other 16500
Martin Marietta Materials COM 573284106 18203 475516 SH Other 475516
McDonalds COM 580135101 734 24300 SH Other 24300
Merck COM 58155Q103 1064 14300 SH Other 14300
National Golf Properties COM 63623G109 1728 83800 SH Other 83800
Nike COM 654106103 601 15000 SH Other 15000
Penn National Gaming COM 707569109 884 58100 SH Other 58100
Penn Virginia Corporation COM 707882106 1784 68600 SH Other 68600
Pepsico COM 713448108 1532 33300 SH Other 33300
Pfizer Inc COM 717081103 2449 54500 SH Other 54500
Pharmacia & Upjohn COM 71713U102 957 15900 SH Other 15900
Philip Morris, Inc. COM 718154107 3933 133591 SH Other 133591
Plum Creek Lumber MLP COM 729237107 382 17100 SH Other 17100
RLI Corporation COM 749607107 12382 321095 SH Other 321095
Radio Shack COM 011267696 7555 116900 SH Other 116900
Regis Corporation COM 758932107 510 34000 SH Other 34000
Sealed Air COM 81211K100 543 12000 SH Other 12000
ServiceMaster COM 817615107 4497 455343 SH Other 455343
Smithfield Foods COM 832248108 3255 124000 SH Other 124000
State Street Corp COM 857477103 1326 10200 SH Other 10200
Synalloy Corporation COM 871565107 1721 289775 SH Other 289775
United Dominion Realty Trust COM 910197102 144 13200 SH Other 13200
Valley National Bank COM 919794107 1323 48455 SH Other 48455
Vulcan Materials COM 929160109 2009 50000 SH Other 50000
Wal-Mart Stores COM 931142103 1357 28200 SH Other 28200
Washington Post Co COM 939640108 594 1125 SH Other 1125
Washington Real Estate Investm COM 939653101 8727 435000 SH Other 435000
Waste Management COM 94106l109 1744 100000 SH Other 100000
White Mountain COM G9618E107 2811 10300 SH Other 10300
XL Capital COM G3242A102 21274 289447 SH Other 289447
REPORT SUMMARY 78 DATA RECORDS 352764 0 OTHER MANAGERS ON WHOSE BEHALF REPORT IS FILED
</TABLE>
