Latest MADISON ASSET MANAGEMENT, LLC Stock Portfolio

MADISON ASSET MANAGEMENT, LLC Performance:

2025 Q4: 0.6%YTD: 3.17%2024: 6.94%

Performance for 2025 Q4 is 0.6%, and YTD is 3.17%, and 2024 is 6.94%.

About MADISON ASSET MANAGEMENT, LLC and 13F Hedge Fund Stock Holdings

Madison Asset Management, LLC is a hedge fund based in Madison, WI. On 2026-02-04, the fund reported it's updated stock portfolio. In the 13F Holdings report, Madison Asset Management, LLC reported an equity portfolio of $8.7 Billions as of 31 Dec, 2025.

The top stock holdings of Madison Asset Management, LLC are ACGL, ROST, PCAR. The fund has invested 4.8% of it's portfolio in ARCH CAPITAL GROUP LTD and 3.1% of portfolio in ROSS STORES INC.

The fund managers got completely rid off TREX CO INC (TREX), CONFLUENT INC (CFLT) and CIENA CORP (CIEN) stocks. They significantly reduced their stock positions in MICROCHIP TECHNOLOGY INC (MCHP), INVESCO S&P SMALLCAP QUALITY E (BAB) and FISERV INC. Madison Asset Management, LLC opened new stock positions in MSA SAFETY INC (MSA), A O SMITH CORP (AOS) and SERVICETITAN INC. The fund showed a lot of confidence in some stocks as they added substantially to GMO US QUALITY ETF, VICTORYSHARES FREE CASH FLOW E (MDCP) and VANGUARD MID-CAP ETF (VB).

MADISON ASSET MANAGEMENT, LLC Annual Return Estimates Vs S&P 500

Our best estimate is that Madison Asset Management, LLC made a return of 0.6% in the last quarter. In trailing 12 months, it's portfolio return was 3.17%.

Performance
S&P 500

New Buys

Ticker	$ Bought
msa safety inc	90,998,600
a o smith corp	80,885,000
servicetitan inc	67,955,000
workday inc	20,000,200
vaneck j. p. morgan em local c	13,218,800
salesforce.com inc	12,344,500
schneider electric se - unspon	11,700,400
prologis inc	3,275,120

New stocks bought by MADISON ASSET MANAGEMENT, LLC

Additions

Ticker	% Inc.
gmo us quality etf	782
victoryshares free cash flow e	336
vanguard mid-cap etf	320
ishares russell mid-cap etf	306
spdr s&p midcap 400 etf trust	246
coca-cola co	148
pan pacific international hold	139
honeywell international inc	123

Additions to existing portfolio by MADISON ASSET MANAGEMENT, LLC

Reductions

Ticker	% Reduced
microchip technology inc	-89.72
invesco s&p smallcap quality e	-86.23
fiserv inc	-85.14
comcast corp	-75.76
american tower corp	-74.08
las vegas sands corp	-71.63
nike inc	-67.65
aflac inc	-65.05

MADISON ASSET MANAGEMENT, LLC reduced stake in above stock

Sold off

Ticker	$ Sold
trex co inc	-97,815,500
treasury wine estates ltd - sp	-1,883,820
nidec corp - spons adr	-1,181,240
confluent inc	-4,323,230
cogent communications holdings	-3,210,620
western alliance bancorp	-4,096,910
mosaic co/the	-1,407,110
vici properties inc	-1,187,980

MADISON ASSET MANAGEMENT, LLC got rid off the above stocks

Sector Distribution

Madison Asset Management, LLC has about 22.7% of it's holdings in Others sector.

Sector	%
Others	22.7
Technology	18
Financial Services	16.7
Industrials	13.7
Consumer Cyclical	12.9
Healthcare	8.8
Communication Services	3
Consumer Defensive	1.3
Energy	1.2

Market Cap. Distribution

Madison Asset Management, LLC has about 66.4% of it's portfolio invested in the large-cap and mega-cap stocks.

Category	%
LARGE-CAP	52.9
UNALLOCATED	22.7
MEGA-CAP	13.5
MID-CAP	10.6

Stocks belong to which Index?

About 66.5% of the stocks held by Madison Asset Management, LLC either belong to S&P 500 or RUSSELL 2000 index.

Index	%
S&P 500	61.4
Others	33.5
RUSSELL 2000	5.1

Top 5 Winners (%)		%
FORM	formfactor inc	43.5 %
RVLV	revolve group inc	41.6 %
GMED	globus medical inc	41.1 %
LLY	eli lilly & co	39.9 %
	lasertec corp - unspons adr	37.4 %

Top 5 Winners ($)		$
GOOG	alphabet inc	56.6 M
ROST	ross stores inc	43.0 M
MKSI	mks inc	34.2 M
PCAR	paccar inc	26.5 M
WAT	waters corp	24.0 M

Top 5 Losers (%)		%
	pan pacific international hold	-56.0 %
DLTH	duluth holdings inc	-46.8 %
XLB	energy select sector spdr fund	-44.1 %
CVLT	commvault systems inc	-33.5 %
	brookfield corp	-30.2 %

Top 5 Losers ($)		$
	brookfield corp	-29.7 M
CDW	cdw corp/de	-28.3 M
BRO	brown & brown inc	-28.2 M
CPRT	copart inc	-25.0 M
	labcorp holdings inc	-19.6 M

MADISON ASSET MANAGEMENT, LLC Holdings Map

This heatmap illustrates the top 50 positions within the fund's portfolio.

Current Stock Holdings of MADISON ASSET MANAGEMENT, LLC

Madison Asset Management, LLC has 341 stocks in it's portfolio. About 24.9% of the portfolio is in top 10 stocks. proved to be the most loss making stock for the portfolio. GOOG was the most profitable stock for Madison Asset Management, LLC last quarter.

Last Reported on: 04 Feb, 2026

Ticker	Namesorted ascending	% Portfolio	Shares Held	$ Value	Type	% Change
A	agilent technologies inc	0.95	609,418	82,923,600	reduced	-6.79

AAON	aaon inc	0.02	21,363	1,628,930	new

AAPL	apple inc	0.61	195,520	53,153,900	added	0.12

AAXJ	ishares 5-10 year investment g	0.15	245,961	13,252,400	reduced	-20.53

AAXJ	ishares 3-7 year treasury bond	0.05	37,151	4,433,970	reduced	-0.5

AAXJ	ishares msci acwi ex us etf	0.01	9,887	663,714	new

AAXJ	ishares mbs etf	0.00	3,519	335,079	unchanged	0.00

AAXJ	ishares short treasury bond et	0.00	0.00	0.00	sold off	-100

ABBV	abbvie inc	0.17	65,421	14,948,000	reduced	-2.94

ABG	asbury automotive group inc	0.93	346,280	80,520,600	reduced	-7.55

ABNB	airbnb inc	0.56	362,323	49,174,500	reduced	-9.8

ABT	abbott laboratories	0.14	97,681	12,238,500	added	16.52

ACGL	arch capital group ltd	4.78	4,332,430	415,567,000	reduced	-7.98

ACIO	distillate us fundamental stab	0.64	943,332	55,562,300	reduced	-13.47

ACN	accenture plc	0.75	244,254	65,533,400	reduced	-14.13

ACWF	ishares msci international qua	0.04	85,068	3,866,340	added	14.89

ACWF	ishares treasury floating rate	0.00	6,579	331,976	reduced	-30.52

ACWV	ishares msci emerging markets	0.42	392,640	36,916,000	reduced	-1.02

ACWV	ishares msci eurozone etf	0.17	237,385	15,216,400	reduced	-10.36

ADBE	adobe inc	0.14	34,887	12,210,100	added	31.11