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Portfolio (Quarterly) Guide ↗

Madison Asset Management, LLC

· CIK 0001299351
13F Portfolio $9.1B AUM Filed Nov 6, 2025 EDGAR ↗ ← All Funds
Q4 2025 Q3 2025 · All 336 New
Page 15 of 17  ·  336 positions
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
281 Symrise AG - Unspons ADR 51,485.0 $1.1M 0.01% NEW $21.65
282 SHEL Shell PLC - Spons ADR Energy 15,563.0 $1.1M 0.01% NEW $71.53 +18.1%
283 GRMN Garmin Ltd Technology 4,384.0 $1.1M 0.01% NEW $246.22 -4.8%
284 AFL Aflac Inc Financial Services 9,516.0 $1.1M 0.01% NEW $111.70 +4.6%
285 WFC Wells Fargo & Co Financial Services 11,725.0 $983K 0.01% NEW $83.82 -12.0%
286 UPS United Parcel Service Inc Industrials 11,160.0 $932K 0.01% NEW $83.53 +17.8%
287 GD General Dynamics Corp Industrials 2,630.0 $897K 0.01% NEW $341.00 -0.1%
288 MA Mastercard Inc Financial Services 1,537.0 $874K 0.01% NEW $568.81 -13.9%
289 INTU Intuit Inc Technology 1,200.0 $819K 0.01% NEW $682.91 -44.6%
290 BBJP JPMorgan BetaBuilders Japan ET 11,615.0 $770K 0.01% NEW $66.32 +11.7%
291 VB Vanguard Small-Cap ETF 2,985.0 $759K 0.01% NEW $254.28 +10.8%
292 LUMN Lumen Technologies Inc Communication Services 124,000.0 $759K 0.01% NEW $6.12 +69.0%
293 IEFA iShares Core MSCI EAFE ETF 8,648.0 $755K 0.01% NEW $87.31 +9.1%
294 QLTY GMO US Quality ETF 20,787.0 $752K 0.01% NEW $36.19 +11.3%
295 TRV Travelers Cos Inc Financial Services 2,690.0 $751K 0.01% NEW $279.22 +6.8%
296 WM Waste Management Inc Industrials 3,275.0 $723K 0.01% NEW $220.83 -0.9%
297 ATI ATI Inc Industrials 8,500.0 $691K 0.01% NEW $81.34 +89.6%
298 KO Coca-Cola Co Consumer Defensive 9,825.0 $652K 0.01% NEW $66.32 +21.3%
299 IUSG iShares Core S&P U.S. Growth E 3,815.0 $628K 0.01% NEW $164.54 +13.5%
300 IWB iShares Russell 1000 ETF 1,701.0 $622K 0.01% NEW $365.51 +10.1%
Page 15 of 17  ·  336 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 25.2%
Financial Services 22.8%
Industrials 16.0%
Consumer Cyclical 15.7%
Healthcare 11.1%
Communication Services 4.2%
Consumer Defensive 1.5%
Energy 1.3%
Utilities 0.9%
Basic Materials 0.9%