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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 15 of 18  ·  347 positions
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
281 INFY Infosys Ltd - Spons ADR Technology 154,225.0 $1.6M 0.02% +36K +30.9% $10.49 +12.7%
282 IWR iShares Russell Mid-Cap ETF 14,618.0 $1.6M 0.02% -11K -42.9% $110.32 +2.4%
283 KION Group AG - Unspons ADR 145,417.0 $1.6M 0.02% +9K +6.5% $11.06
284 SONY Sony Group Corp - Spons ADR Technology 79,324.0 $1.6M 0.02% +5K +6.6% $20.06 +20.9%
285 Toray Industries Inc - Unspons 113,406.0 $1.6M 0.02% -39K -25.6% $13.89
286 PANW Palo Alto Networks Inc Technology 4,572.0 $1.6M 0.02% NEW $341.02 +2.9%
287 Sony Financial Group Inc - Uns 355,678.0 $1.5M 0.02% +22K +6.6% $4.34
288 SHEL Shell PLC - Spons ADR Energy 19,742.0 $1.5M 0.02% +5K +32.2% $77.54 +19.9%
289 Lonza Group AG - Unspons ADR 22,283.0 $1.5M 0.02% +1K +6.4% $67.50
290 SLB SLB Ltd Energy 32,065.0 $1.5M 0.02% -3K -7.5% $46.49 +16.2%
291 CMI Cummins Inc Industrials 2,048.0 $1.5M 0.02% -12K -85.1% $713.21 -19.9%
292 Air Liquide SA - Unspons ADR 35,520.0 $1.4M 0.02% +5K +16.4% $39.48
293 WSC WillScot Holdings Corp Industrials 45,772.0 $1.3M 0.02% -47K -50.7% $28.86 -21.9%
294 Adyen NV - Unspons ADR 140,879.0 $1.3M 0.02% NEW $9.31
295 CAT Caterpillar Inc Industrials 1,223.0 $1.3M 0.02% -7K -85.4% $1064.90 -23.8%
296 VCSH Vanguard Short-Term Corporate 16,090.0 $1.3M 0.01% -95K -85.6% $79.03 -0.5%
297 IWF iShares Russell 1000 Growth ET 9,760.0 $1.2M 0.01% +7K +300.0% $124.17 -2.5%
298 Anglo American PLC - Spons ADR 48,297.0 $1.2M 0.01% NEW $24.71
299 Hermes International SCA - Uns 6,452.0 $1.2M 0.01% +2K +41.9% $183.04
300 Deutsche Telekom AG - Spons AD 41,314.0 $1.1M 0.01% -29K -40.9% $27.28
Page 15 of 18  ·  347 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%