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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 6 of 7  ·  121 positions
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
101 Shin-Etsu Chemical Co Ltd - Un 88,343.0 $1.9M 0.02% +9K +10.7% $21.67
102 BCD abrdn Bloomberg All Commodity 55,844.0 $1.9M 0.02% +34K +158.0% $34.15 +11.6%
103 IWM iShares Russell 2000 ETF 5,855.0 $1.8M 0.02% +169.0 +3.0% $300.45 -0.8%
104 Sika AG - Unspons ADR 81,533.0 $1.7M 0.02% +8K +11.3% $20.56
105 PRADA SpA - Unspons ADR 163,473.0 $1.6M 0.02% +44K +37.3% $10.04
106 INFY Infosys Ltd - Spons ADR Technology 154,225.0 $1.6M 0.02% +36K +30.9% $10.49 +12.7%
107 KION Group AG - Unspons ADR 145,417.0 $1.6M 0.02% +9K +6.5% $11.06
108 SONY Sony Group Corp - Spons ADR Technology 79,324.0 $1.6M 0.02% +5K +6.6% $20.06 +20.9%
109 Sony Financial Group Inc - Uns 355,678.0 $1.5M 0.02% +22K +6.6% $4.34
110 SHEL Shell PLC - Spons ADR Energy 19,742.0 $1.5M 0.02% +5K +32.2% $77.54 +19.9%
111 Lonza Group AG - Unspons ADR 22,283.0 $1.5M 0.02% +1K +6.4% $67.50
112 Air Liquide SA - Unspons ADR 35,520.0 $1.4M 0.02% +5K +16.4% $39.48
113 IWF iShares Russell 1000 Growth ET 9,760.0 $1.2M 0.01% +7K +300.0% $124.17 -2.5%
114 Hermes International SCA - Uns 6,452.0 $1.2M 0.01% +2K +41.9% $183.04
115 CSCO Cisco Systems Inc Technology 8,383.0 $985K 0.01% +286.0 +3.5% $117.46 -6.2%
116 AFL Aflac Inc Financial Services 7,811.0 $916K 0.01% +4K +134.8% $117.25 +0.8%
117 MA Mastercard Inc Financial Services 1,465.0 $752K 0.01% +18.0 +1.2% $513.60 +16.8%
118 IEMG iShares Core MSCI Emerging Mar 9,030.0 $748K 0.01% +1K +14.3% $82.84 -2.8%
119 RTX Raytheon Technologies Corp Industrials 3,572.0 $678K 0.01% +2K +213.6% $189.73 +10.3%
120 MKL Markel Corp Financial Services 281.0 $549K 0.01% +2.0 +0.7% $1953.01 -6.9%
Page 6 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%