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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 5 of 17  ·  336 positions
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
81 SPHY SPDR Portfolio High Yield Bond 1,130,255.0 $27.1M 0.30% NEW $23.94 -2.7%
82 ALC Alcon Inc Healthcare 360,135.0 $26.8M 0.30% NEW $74.51 -14.6%
83 COST Costco Wholesale Corp Consumer Defensive 27,095.0 $25.1M 0.28% NEW $925.62 +12.5%
84 KBE SPDR S&P Bank ETF 420,694.0 $25.0M 0.28% NEW $59.42 +3.8%
85 PEP PepsiCo Inc Consumer Defensive 176,072.0 $24.7M 0.27% NEW $140.44 +5.9%
86 AGG iShares Core U.S. Aggregate Bo 237,926.0 $23.9M 0.26% NEW $100.25 -2.2%
87 ITW Illinois Tool Works Inc Industrials 87,875.0 $22.9M 0.25% NEW $260.76 -3.8%
88 JIRE JPMorgan International Researc 310,862.0 $22.9M 0.25% NEW $73.54 +7.0%
89 VGK Vanguard FTSE Europe ETF 269,918.0 $21.5M 0.24% NEW $79.80 +7.5%
90 AMT American Tower Corp Real Estate 110,199.0 $21.2M 0.23% NEW $192.32 -11.3%
91 ADP Automatic Data Processing Inc Industrials 72,144.0 $21.2M 0.23% NEW $293.50 -26.9%
92 COP ConocoPhillips Energy 220,851.0 $20.9M 0.23% NEW $94.59 +25.8%
93 LIN Linde PLC Basic Materials 43,601.0 $20.7M 0.23% NEW $475.00 +7.7%
94 MS Morgan Stanley Financial Services 123,193.0 $19.6M 0.22% NEW $158.96 +22.4%
95 IJR iShares Core S&P Small-Cap ETF 160,260.0 $19.0M 0.21% NEW $118.83 +12.7%
96 CVX Chevron Corp Energy 120,842.0 $18.8M 0.21% NEW $155.29 +20.2%
97 QCOM QUALCOMM Inc Technology 109,266.0 $18.2M 0.20% NEW $166.36 +20.3%
98 IJH iShares Core S&P Mid-Cap ETF 276,110.0 $18.0M 0.20% NEW $65.26 +10.7%
99 EFX Equifax Inc Industrials 66,179.0 $17.0M 0.19% NEW $256.53 -38.5%
100 IGIB iShares 5-10 Year Investment G 309,483.0 $16.7M 0.18% NEW $54.09 -2.5%
Page 5 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%