Markel Group — PAYX

How Markel Group's position in PAYCHEX INC changed quarter by quarter. Change badges compare each quarter to the fund's immediately-prior filing.

Quarter	Shares	Value	% of portfolio	Change
Q1 2026	150,000	$13,818,000	0.12%	—
Q4 2025	150,000	$16,827,000	0.13%	NEW