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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 9  ·  161 positions
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
41 KNSL Kinsale Capital Group Inc Financial Services 123,779.0 $40.8M 0.49% -14K -9.9% $329.81 +19.9%
42 DE Deere & Co Industrials 60,985.0 $38.7M 0.46% -37K -37.9% $634.33 +2.3%
43 IJR iShares Core S&P Small-Cap ETF 246,133.0 $36.5M 0.43% -3K -1.3% $148.31 -1.0%
44 JNJ Johnson & Johnson Healthcare 136,792.0 $34.7M 0.41% -20K -13.0% $253.97 +7.5%
45 DSTL Distillate US Fundamental Stab 538,471.0 $32.3M 0.39% -405K -42.9% $59.90 +17.0%
46 HD Home Depot Inc Consumer Cyclical 89,709.0 $31.6M 0.38% -5K -5.0% $352.68 -4.3%
47 CVRD Madison Covered Call ETF 1,755,000.0 $30.8M 0.37% -130K -6.9% $17.56 +7.7%
48 QCOM QUALCOMM Inc Technology 166,795.0 $30.8M 0.37% -36K -17.8% $184.79 -14.2%
49 ANET Arista Networks Inc Technology 178,606.0 $30.3M 0.36% -534K -74.9% $169.88 +10.8%
50 TEL TE Connectivity PLC Technology 136,176.0 $27.5M 0.33% -16K -10.4% $201.61 +0.4%
51 BLK Blackrock Inc Financial Services 28,220.0 $27.1M 0.32% -5K -16.2% $961.56 +21.9%
52 CVX Chevron Corp Energy 158,990.0 $26.4M 0.31% -878.0 -0.6% $165.76 +22.5%
53 SPHY State Street SPDR Portfolio Hi 1,107,255.0 $26.0M 0.31% -23K -2.0% $23.44 -0.6%
54 MDY SPDR S&P MidCap 400 ETF Trust Financial Services 35,518.0 $25.0M 0.30% -48K -57.4% $703.34 -1.3%
55 ITW Illinois Tool Works Inc Industrials 79,669.0 $21.5M 0.26% -7K -8.4% $270.47 +5.0%
56 CME CME Group Inc Financial Services 93,141.0 $20.6M 0.24% -17K -15.8% $220.83 +26.4%
57 PEP PepsiCo Inc Consumer Defensive 151,539.0 $20.5M 0.24% -22K -12.6% $135.40 +6.8%
58 ASML ASML Holding NV - Spons NY Reg Technology 9,760.0 $19.4M 0.23% -6K -37.7% $1989.44 -12.5%
59 ALC Alcon Inc Healthcare 276,512.0 $18.6M 0.22% -44K -13.8% $67.10 +9.8%
60 EEMA iShares MSCI Emerging Markets 135,190.0 $15.8M 0.19% -257K -65.6% $116.96 -2.1%
Page 3 of 9  ·  161 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%