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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 16 of 18  ·  347 positions
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
301 CSCO Cisco Systems Inc Technology 8,383.0 $985K 0.01% +286.0 +3.5% $117.46 -6.2%
302 LUMN Lumen Technologies Inc Communication Services 124,000.0 $952K 0.01% $7.68 -26.2%
303 STT State Street Corp Financial Services 5,538.0 $939K 0.01% -5K -48.2% $169.60 +12.6%
304 GD General Dynamics Corp Industrials 2,630.0 $932K 0.01% $354.24 +8.3%
305 AFL Aflac Inc Financial Services 7,811.0 $916K 0.01% +4K +134.8% $117.25 +0.8%
306 WFC Wells Fargo & Co Financial Services 10,950.0 $905K 0.01% -671.0 -5.8% $82.64 +2.5%
307 OLN Olin Corp Basic Materials 45,501.0 $902K 0.01% -52K -53.4% $19.82 -11.4%
308 GRMN Garmin Ltd Technology 3,651.0 $867K 0.01% -733.0 -16.7% $237.54 +22.6%
309 VB Vanguard Morningstar Small-Cap 2,683.0 $813K 0.01% -262.0 -8.9% $303.12 -0.1%
310 MA Mastercard Inc Financial Services 1,465.0 $752K 0.01% +18.0 +1.2% $513.60 +16.8%
311 IEMG iShares Core MSCI Emerging Mar 9,030.0 $748K 0.01% +1K +14.3% $82.84 -2.8%
312 SCHF Schwab International Equity ET 25,380.0 $703K 0.01% $27.70 +2.2%
313 ETN Eaton Corp PLC Industrials 1,645.0 $701K 0.01% NEW $426.12 -4.1%
314 RTX Raytheon Technologies Corp Industrials 3,572.0 $678K 0.01% +2K +213.6% $189.73 +10.3%
315 TRV Travelers Cos Inc Financial Services 1,798.0 $594K 0.01% -328.0 -15.4% $330.12 +12.2%
316 MKL Markel Corp Financial Services 281.0 $549K 0.01% +2.0 +0.7% $1953.01 -6.9%
317 ALL Allstate Corp Financial Services 2,285.0 $544K 0.01% -4K -61.3% $237.94 +9.4%
318 ABT Abbott Laboratories Healthcare 5,989.0 $543K 0.01% -92K -93.9% $90.74 +28.6%
319 VZ Verizon Communications Inc Communication Services 12,828.0 $543K 0.01% $42.34 +18.4%
320 AIQ Global X Artificial Intelligen 8,173.0 $536K 0.01% $65.61 -5.0%
Page 16 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%