Latest MADISON ASSET MANAGEMENT, LLC Stock Portfolio

MADISON ASSET MANAGEMENT, LLC Performance:

2025 Q3: 1.84%YTD: 1.31%2024: 6.91%

Performance for 2025 Q3 is 1.84%, and YTD is 1.31%, and 2024 is 6.91%.

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

Madison Asset Management, LLC is a hedge fund based in MADISON, WI. On 29-Mar-2023, the fund reported that it had an AUM (Regulated Assets under Management) of $3.9 Billions. In it's latest 13F Holdings report, Madison Asset Management, LLC reported an equity portfolio of $9.1 Billions as of 30 Sep, 2025.

The top stock holdings of Madison Asset Management, LLC are ACGL, APH, ROST. The fund has invested 4.7% of it's portfolio in ARCH CAPITAL GROUP LTD and 3.3% of portfolio in AMPHENOL CORP.

The fund managers got completely rid off SPDR PORTFOLIO LONG TERM TREAS (BIL), BARRICK MINING CORP and ADVANCED MICRO DEVICES INC (AMD) stocks. They significantly reduced their stock positions in ELEVANCE HEALTH INC (ELV), JANUS HENDERSON AAA CLO ETF (JAAA) and ISHARES MSCI INTERNATIONAL QUA (ACWF). Madison Asset Management, LLC opened new stock positions in BIO-TECHNE CORP (TECH), MSCI INC (MSCI) and JPMORGAN INTERNATIONAL RESEARC (BBAX). The fund showed a lot of confidence in some stocks as they added substantially to ILLINOIS TOOL WORKS INC (ITW), ISHARES RUSSELL 2000 ETF (IJR) and TCW FLEXIBLE INCOME ETF (NETZ).

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

Our best estimate is that Madison Asset Management, LLC made a return of 1.84% in the last quarter. In trailing 12 months, it's portfolio return was -0.42%.

New Buys

Ticker	$ Bought
bio-techne corp	41,424,900
msci inc	40,099,800
jpmorgan international researc	22,860,800
weyerhaeuser co	5,131,530
brandes international etf	2,656,940
sezzle inc	2,507,900
eagle materials inc	1,975,710
charles river laboratories int	1,934,780

New stocks bought by MADISON ASSET MANAGEMENT, LLC

Additions

Ticker	% Inc.
illinois tool works inc	411
ishares russell 2000 etf	369
tcw flexible income etf	335
aflac inc	133
vici properties inc	97.48
hdfc bank ltd - spons adr	96.19
victoryshares free cash flow e	78.37
freeport-mcmoran inc	60.17

Additions to existing portfolio by MADISON ASSET MANAGEMENT, LLC

Reductions

Ticker	% Reduced
elevance health inc	-88.42
janus henderson aaa clo etf	-83.57
ishares msci international qua	-83.22
globus medical inc	-68.79
jpmorgan betabuilders japan et	-65.54
alcon inc	-58.47
energy select sector spdr fund	-58.36
adobe inc	-54.22

MADISON ASSET MANAGEMENT, LLC reduced stake in above stock

Sold off

Ticker	$ Sold
barrick mining corp	-13,106,200
spdr portfolio long term treas	-14,855,900
hewlett packard enterprise co	-4,437,650
advanced micro devices inc	-8,327,680
paychex inc	-7,947,350
manulife financial corp	-1,360,500
goodyear tire & rubber co/the	-259,250
mondelez international inc	-1,546,200

MADISON ASSET MANAGEMENT, LLC got rid off the above stocks

Sector Distribution

Madison Asset Management, LLC has about 22.5% of it's holdings in Others sector.

Sector	%
Others	22.5
Technology	20.1
Financial Services	17.4
Consumer Cyclical	13.3
Industrials	12.6
Healthcare	7.4
Communication Services	2.5
Consumer Defensive	1.2
Energy	1.1

Market Cap. Distribution

Madison Asset Management, LLC has about 67.6% of it's portfolio invested in the large-cap and mega-cap stocks.

Category	%
LARGE-CAP	55.4
UNALLOCATED	22.5
MEGA-CAP	12.2
MID-CAP	9.6

Stocks belong to which Index?

About 66.9% of the stocks held by Madison Asset Management, LLC either belong to S&P 500 or RUSSELL 2000 index.

Index	%
S&P 500	61.6
Others	33.1
RUSSELL 2000	5.3

Top 5 Winners (%)		%
DLTH	duluth holdings inc	86.2 %
CIEN	ciena corp	79.1 %
MEDP	medpace holdings inc	63.8 %
ANET	arista networks inc	42.4 %
LUMN	lumen technologies inc	39.7 %

Top 5 Winners ($)		$
GOOG	alphabet inc	62.4 M
APH	amphenol corp	62.0 M
MEDP	medpace holdings inc	59.5 M
ANET	arista networks inc	53.0 M
ROST	ross stores inc	41.2 M

Top 5 Losers (%)		%
IT	gartner inc	-34.5 %
BRP	baldwin insurance group inc/th	-34.1 %
SHAK	shake shack inc	-33.4 %
POWI	power integrations inc	-28.1 %
WSC	willscot holdings corp	-22.9 %

Top 5 Losers ($)		$
IT	gartner inc	-99.3 M
BRO	brown & brown inc	-34.9 M
CDW	cdw corp/de	-25.6 M
CSL	carlisle cos inc	-23.0 M
CPRT	copart inc	-18.8 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 336 stocks in it's portfolio. About 26.2% of the portfolio is in top 10 stocks. IT 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: 06 Nov, 2025

Ticker	Namesorted ascending	% Portfolio	Shares Held	$ Value	Type	% Change
A	agilent technologies inc	0.92	653,819	83,917,700	reduced	-2.11

AAPL	apple inc	0.55	195,295	49,727,800	added	5.33

AAXJ	ishares 5-10 year investment g	0.18	309,483	16,739,900	added	5.25

AAXJ	ishares 3-7 year treasury bond	0.05	37,337	4,462,140	added	1.51

AAXJ	ishares short treasury bond et	0.00	3,748	414,117	reduced	-39.25

AAXJ	ishares mbs etf	0.00	3,519	334,833	unchanged	0.00

ABBV	abbvie inc	0.17	67,401	15,606,000	reduced	-3.98

ABG	asbury automotive group inc	1.01	374,577	91,565,400	reduced	-1.04

ABNB	airbnb inc	0.54	401,679	48,771,800	added	55.03

ABT	abbott laboratories	0.12	83,833	11,228,600	reduced	-4.12

ACGL	arch capital group ltd	4.71	4,707,950	427,152,000	reduced	-2.43

ACIO	distillate us fundamental stab	0.70	1,090,140	63,184,300	reduced	-2.31

ACN	accenture plc	0.77	284,442	70,143,300	reduced	-6.2

ACWF	ishares msci international qua	0.04	74,040	3,271,830	reduced	-83.22

ACWF	ishares treasury floating rate	0.00	9,469	479,037	added	25.47

ACWV	ishares msci emerging markets	0.40	396,693	36,396,500	added	6.18

ACWV	ishares msci eurozone etf	0.18	264,809	16,402,300	reduced	-20.2

ADBE	adobe inc	0.10	26,608	9,385,970	reduced	-54.22

ADI	analog devices inc	1.03	378,575	93,015,900	reduced	-6.77

ADM	archer-daniels-midland co	0.11	170,500	10,185,700	added	4.67