Markel Group — SPOT

How Markel Group's position in SPOTIFY TECHNOLOGY S A changed quarter by quarter. Change badges compare each quarter to the fund's immediately-prior filing.

Quarter	Shares	Value	% of portfolio	Change
Q1 2026	25,900	$12,559,169	0.11%	—
Q4 2025	25,900	$15,040,389	0.12%	NEW