Madison Asset Management, LLC 13F holdings
Madison Asset Management, LLC reported 341 positions with a total reported value of $8.4B as of 2026-06-30, in its 13F for Q2 2026, filed 2026-08-10. Top holdings by reported value: ACGL Arch Capital Group Ltd (4.4%), GOOGL Alphabet Inc (2.6%), APH Amphenol Corp (2.5%), ROST Ross Stores Inc (2.3%), PCAR PACCAR Inc (2.1%). Against 2026-03-31 it opened 22 new positions and exited 23. Next 13F due by 2026-11-14, the legal deadline 45 days after the quarter ending 2026-09-30.
Email me when Madison Asset Management, LLC files its 13F
A free account follows up to 10 funds. New 13F filings arrive in your daily or weekly digest. No password and no card.
Top holdings
25 largest of 341 positions · reported value as of 2026-06-30
| Holding | Shares | Reported value | % of portfolio |
|---|---|---|---|
| ACGL Arch Capital Group Ltd | 3,799,789 | $368.8M | 4.4% |
| GOOGL Alphabet Inc | 624,406 | $220.7M | 2.6% |
| APH Amphenol Corp | 1,176,112 | $207.4M | 2.5% |
| ROST Ross Stores Inc | 886,641 | $188.7M | 2.3% |
| PCAR PACCAR Inc | 1,478,618 | $177.6M | 2.1% |
| Texas Instruments Inc | 575,695 | $171.6M | 2.0% |
| AMZN Amazon.com Inc | 656,264 | $156.4M | 1.9% |
| Carlisle Cos Inc | 421,406 | $152.9M | 1.8% |
| CDW CDW Corp/DE | 1,070,495 | $150.6M | 1.8% |
| MKSI MKS Inc | 316,694 | $140.9M | 1.7% |
| KEYS Keysight Technologies Inc | 398,124 | $139.4M | 1.7% |
| BRO Brown & Brown Inc | 2,161,022 | $138.6M | 1.7% |
| LH Labcorp Holdings Inc | 476,643 | $133.5M | 1.6% |
| FWONA Liberty Media Corp-Liberty For | 1,419,211 | $131.6M | 1.6% |
| V Visa Inc | 382,662 | $131.3M | 1.6% |
| MEDP Medpace Holdings Inc | 243,502 | $129.0M | 1.5% |
| ADI Analog Devices Inc | 313,234 | $124.4M | 1.5% |
| TDY Teledyne Technologies Inc | 183,824 | $122.6M | 1.5% |
| MSA MSA Safety Inc | 660,573 | $115.3M | 1.4% |
| CPRT Copart Inc | 4,013,460 | $113.1M | 1.3% |
| MC Moelis & Co | 1,667,157 | $109.1M | 1.3% |
| WRB WR Berkley Corp | 1,497,784 | $105.6M | 1.3% |
| WAT Waters Corp | 279,856 | $105.0M | 1.3% |
| AOS A O Smith Corp | 1,466,922 | $92.0M | 1.1% |
| IVZ Invesco BuyBack Achievers ETF | 975,729 | $89.9M | 1.1% |
SEC FORM 13F · Q2 2026 · VALUES AS REPORTED, NOT PRICES
New positions this quarter
Held at 2026-06-30, not at 2026-03-31 · 22 in all · reported value as of 2026-06-30
| Holding | Shares | Reported value | % of portfolio |
|---|---|---|---|
| VRSK Verisk Analytics Inc | 398,522 | $71.5M | 0.9% |
| HONA Honeywell Aerospace Inc | 224,998 | $49.7M | 0.6% |
| ICE Intercontinental Exchange Inc | 323,573 | $39.8M | 0.5% |
| Vanguard Morningstar Large-Cap | 53,398 | $18.4M | 0.2% |
| AJG Arthur J Gallagher & Co | 72,448 | $16.6M | 0.2% |
| WST West Pharmaceutical Services I | 27,574 | $9.9M | 0.1% |
| State Street Health Care Selec | 52,330 | $8.3M | <0.1% |
| Vanguard Morningstar Growth ET | 85,913 | $7.4M | <0.1% |
| EMR Emerson Electric Co | 36,893 | $5.3M | <0.1% |
| Energy Select Sector SPDR Fund | 85,919 | $4.6M | <0.1% |
| SYK Stryker Corp | 10,231 | $3.2M | <0.1% |
| MAIR Madison Air Solutions Corp | 82,427 | $3.2M | <0.1% |
| EXTR Extreme Networks Inc | 93,797 | $3.0M | <0.1% |
| INDI indie Semiconductor Inc | 514,463 | $2.3M | <0.1% |
| BDC Belden Inc | 15,336 | $1.8M | <0.1% |
| CE Celanese Corp | 38,427 | $1.8M | <0.1% |
| WSE Wise Group PLC | 144,869 | $1.7M | <0.1% |
| Vanguard Morningstar Small-Cap | 2,683 | $813.3K | <0.1% |
| Vanguard Morningstar Mid-Cap E | 4,808 | $387.4K | <0.1% |
| STX Seagate Technology Holdings PL | 400 | $386.0K | <0.1% |
| iShares Russell Mid-Cap Value | 1,234 | $203.1K | <0.1% |
| BX Blackstone Group Inc/The | 1,721 | $202.5K | <0.1% |
Sold out
Held at 2026-03-31, gone by 2026-06-30 · 23 in all · reported value as of 2026-03-31
| Holding | Shares 2026-03-31 | Reported value | % of portfolio then |
|---|---|---|---|
| LBRDK Liberty Broadband Corp | 1,188,921 | $59.8M | 0.7% |
| Vanguard Large-Cap ETF | 50,009 | $14.9M | 0.2% |
| EFX Equifax Inc | 70,191 | $12.6M | 0.2% |
| INTU Intuit Inc | 25,264 | $10.9M | 0.1% |
| MCHP Microchip Technology Inc | 147,781 | $9.5M | 0.1% |
| Vanguard Growth ETF | 12,199 | $5.3M | <0.1% |
| iShares MSCI Eurozone ETF | 82,862 | $5.2M | <0.1% |
| OPCH Option Care Health Inc | 162,223 | $4.4M | <0.1% |
| BABA Alibaba Group Holding Ltd - Sp | 29,010 | $3.6M | <0.1% |
| SMPL Simply Good Foods Co/The | 143,206 | $2.1M | <0.1% |
| OSW OneSpaWorld Holdings Ltd | 84,681 | $1.9M | <0.1% |
| RACE Ferrari NV | 5,122 | $1.7M | <0.1% |
| Wise PLC - Spons ADR | 116,161 | $1.4M | <0.1% |
| AEM Agnico Eagle Mines Ltd | 7,035 | $1.4M | <0.1% |
| NTR Nutrien Ltd | 13,077 | $986.8K | <0.1% |
| Vanguard Small-Cap ETF | 2,893 | $757.7K | <0.1% |
| WEC WEC Energy Group Inc | 5,485 | $635.0K | <0.1% |
| iShares MSCI USA Quality Facto | 2,309 | $442.9K | <0.1% |
| Vanguard Mid-Cap ETF | 1,540 | $442.3K | <0.1% |
| BMY Bristol-Myers Squibb Co | 3,712 | $225.1K | <0.1% |
| J Jacobs Solutions Inc | 1,756 | $223.5K | <0.1% |
| SBUX Starbucks Corp | 2,381 | $213.3K | <0.1% |
| IBIT iShares Bitcoin Trust ETF | 5,375 | $206.5K | <0.1% |
Biggest increases and decreases
Positions held at both quarter ends, by change in shares · reported value as of 2026-06-30
Increases
| Holding | Shares 2026-03-31 | Shares 2026-06-30 | Change | Reported value |
|---|---|---|---|---|
| Vanguard Information Technolog | 49,886 | 349,907 | +601.4% | $41.8M |
| VictoryShares Free Cash Flow E | 476,720 | 1,003,856 | +110.6% | $45.9M |
| Avantis Emerging Markets Equit | 35,777 | 266,533 | +645.0% | $25.7M |
| AOS A O Smith Corp | 1,142,604 | 1,466,922 | +28.4% | $92.0M |
| GGG Graco Inc | 446,119 | 620,162 | +39.0% | $46.9M |
| MSA MSA Safety Inc | 588,568 | 660,573 | +12.2% | $115.3M |
| SCHW Charles Schwab Corp/The | 721,830 | 847,868 | +17.5% | $78.2M |
| BSY Bentley Systems Inc | 981,380 | 1,365,230 | +39.1% | $40.8M |
| GBCI Glacier Bancorp Inc | 930,467 | 1,144,784 | +23.0% | $59.0M |
| CFR Cullen/Frost Bankers Inc | 335,573 | 403,055 | +20.1% | $62.3M |
| iShares 5-10 Year Investment G | 400,916 | 584,799 | +45.9% | $31.1M |
| State Street SPDR Portfolio S& | 141,575 | 245,201 | +73.2% | $18.5M |
Decreases
| Holding | Shares 2026-03-31 | Shares 2026-06-30 | Change | Reported value |
|---|---|---|---|---|
| ROST Ross Stores Inc | 1,412,924 | 886,641 | -37.2% | $188.7M |
| ANET Arista Networks Inc | 684,316 | 178,606 | -73.9% | $30.3M |
| IVZ Invesco BuyBack Achievers ETF | 1,328,219 | 975,729 | -26.5% | $89.9M |
| iShares MSCI Emerging Markets | 367,824 | 135,190 | -63.2% | $15.8M |
| ACGL Arch Capital Group Ltd | 4,076,446 | 3,799,789 | -6.8% | $368.8M |
| Honeywell International Inc | 306,928 | 198,913 | -35.2% | $44.5M |
| SPDR S&P MidCap 400 ETF Trust | 59,247 | 35,518 | -40.1% | $25.0M |
| Distillate US Fundamental Stab | 815,607 | 538,471 | -34.0% | $32.3M |
| APH Amphenol Corp | 1,251,006 | 1,176,112 | -6.0% | $207.4M |
| PCAR PACCAR Inc | 1,585,366 | 1,478,618 | -6.7% | $177.6M |
| State Street SPDR S&P Bank ETF | 335,931 | 157,868 | -53.0% | $10.8M |
| Carlisle Cos Inc | 453,813 | 421,406 | -7.1% | $152.9M |
CIK 1299351 · 13F FILINGS ON EDGAR · INFORMATIONAL ONLY
