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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 4 of 18  ·  347 positions
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
61 ABNB Airbnb Inc Consumer Cyclical 316,309.0 $45.3M 0.54% -46K -12.7% $143.10 +32.9%
62 MSTI Madison Short-Term Strategic I 2,211,990.0 $44.8M 0.53% -609K -21.6% $20.25 -0.4%
63 AVGO Broadcom Inc Technology 117,956.0 $44.6M 0.53% +109K +1160.1% $377.75 -5.0%
64 Honeywell International Inc 198,913.0 $44.5M 0.53% NEW $223.90
65 VGT Vanguard Information Technolog 349,907.0 $41.8M 0.50% +292K +502.0% $119.52 -2.6%
66 SPY SPDR S&P 500 ETF Trust Financial Services 55,098.0 $41.1M 0.49% -9K -14.0% $746.78 +2.2%
67 KNSL Kinsale Capital Group Inc Financial Services 123,779.0 $40.8M 0.49% -14K -9.9% $329.81 +19.9%
68 BSY Bentley Systems Inc Technology 1,365,230.0 $40.8M 0.49% NEW $29.89 +26.1%
69 TYL Tyler Technologies Inc Technology 138,684.0 $40.6M 0.48% NEW $292.46 +21.7%
70 ICE Intercontinental Exchange Inc Financial Services 323,573.0 $39.8M 0.47% NEW $123.11 +32.4%
71 Liberty Media Corp-Liberty For 454,871.0 $39.8M 0.47% $87.54
72 MSCI MSCI Inc Financial Services 70,420.0 $39.4M 0.47% +15K +26.9% $560.04 +2.0%
73 DE Deere & Co Industrials 60,985.0 $38.7M 0.46% -37K -37.9% $634.33 +2.3%
74 IJR iShares Core S&P Small-Cap ETF 246,133.0 $36.5M 0.43% -3K -1.3% $148.31 -1.0%
75 JNJ Johnson & Johnson Healthcare 136,792.0 $34.7M 0.41% -20K -13.0% $253.97 +7.5%
76 DSTL Distillate US Fundamental Stab 538,471.0 $32.3M 0.39% -405K -42.9% $59.90 +17.0%
77 HD Home Depot Inc Consumer Cyclical 89,709.0 $31.6M 0.38% -5K -5.0% $352.68 -4.3%
78 COST Costco Wholesale Corp Consumer Defensive 33,457.0 $31.3M 0.37% +6K +21.3% $935.46 +3.8%
79 IGIB iShares 5-10 Year Investment G 584,799.0 $31.1M 0.37% +339K +137.8% $53.17 -1.8%
80 CVRD Madison Covered Call ETF 1,755,000.0 $30.8M 0.37% -130K -6.9% $17.56 +7.7%
Page 4 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%