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Portfolio (Quarterly) Guide ↗

Madison Asset Management, LLC

· CIK 0001299351
13F Portfolio $8.4B AUM 347 positions Filed Aug 10, 2026 EDGAR ↗ ← All Funds
Q2 2026 Q4 2025 · All 38 New 121 Added 161 Reduced 33 Exited
Page 3 of 7  ·  121 positions
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
41 SCHD Schwab US Dividend Equity ETF 535,292.0 $17.0M 0.20% +170K +46.5% $31.71 +11.0%
42 Schneider Electric SE - Unspon 246,582.0 $16.1M 0.19% +34K +15.8% $65.18
43 COP ConocoPhillips Energy 153,276.0 $15.9M 0.19% +36K +30.8% $103.96 +28.3%
44 MTDR Matador Resources Co Energy 298,756.0 $14.9M 0.18% +78K +35.2% $49.78 +15.5%
45 VRTX Vertex Pharmaceuticals Inc Healthcare 29,302.0 $14.6M 0.17% +13K +78.3% $496.73 +10.2%
46 CRM salesforce.com Inc Technology 76,505.0 $12.0M 0.14% +30K +64.2% $156.66 +33.4%
47 WDAY Workday Inc Technology 96,659.0 $11.8M 0.14% +4K +3.8% $122.42 +62.7%
48 APD Air Products & Chemicals Inc Basic Materials 39,912.0 $11.7M 0.14% +12K +41.4% $293.18 +4.5%
49 MCD McDonald's Corp Consumer Cyclical 42,878.0 $11.6M 0.14% +2K +3.7% $270.31 +0.8%
50 QLTA iShares Aaa - A Rated Corporat 226,700.0 $10.8M 0.13% +39K +20.5% $47.52 -2.2%
51 SEZL Sezzle Inc Financial Services 61,679.0 $10.6M 0.13% +31K +97.9% $171.63 -31.3%
52 SPMD State Street SPDR Portfolio S& 150,364.0 $10.2M 0.12% +99K +192.6% $67.56 -1.2%
53 LVS Las Vegas Sands Corp Consumer Cyclical 185,500.0 $8.6M 0.10% +108K +137.8% $46.19 +1.7%
54 TSM Taiwan Semiconductor Manufactu Technology 17,721.0 $8.5M 0.10% +2K +15.9% $477.57 -14.1%
55 SPYM State Street SPDR Portfolio S& 94,837.0 $8.3M 0.10% +14K +16.6% $87.88 +2.3%
56 QLTY GMO US Quality ETF 188,161.0 $7.8M 0.09% +5K +2.5% $41.62 +3.5%
57 VUG Vanguard Morningstar Growth ET 85,913.0 $7.4M 0.09% +75K +683.6% $86.14 +0.9%
58 IEFA iShares Core MSCI EAFE ETF 72,252.0 $7.0M 0.08% +63K +681.4% $96.58 +4.2%
59 IVV iShares Core S&P 500 ETF 8,152.0 $6.1M 0.07% +974.0 +13.6% $748.85 +2.4%
60 WM Waste Management Inc Industrials 26,751.0 $6.0M 0.07% +23K +716.8% $222.88 +1.6%
Page 3 of 7  ·  121 positions

Period Price is the implied market price on the last day of the reporting period, calculated as reported value ÷ shares held. It is not the fund's purchase price or cost basis — the fund may have initiated or added to the position at any point during the quarter at a different price. Since Period shows the price change from that quarter-end snapshot to today's last price — it reflects stock movement after the report date, not the fund's actual return.

Sector Allocation
Technology 25.1%
Financial Services 24.0%
Industrials 17.6%
Healthcare 13.2%
Consumer Cyclical 13.0%
Consumer Defensive 2.0%
Energy 1.5%
Basic Materials 1.3%
Utilities 1.1%
Communication Services 0.9%