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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 2 of 17  ·  336 positions
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
21 DHR Danaher Corp Healthcare 553,187.0 $109.7M 1.21% NEW $198.26 -18.2%
22 Brookfield Asset Management Lt 1,908,051.0 $108.6M 1.20% NEW $56.94
23 SPHQ Invesco S&P 500 Quality ETF 1,448,969.0 $106.2M 1.17% NEW $73.29 +12.6%
24 ANET Arista Networks Inc Technology 728,558.0 $106.2M 1.17% NEW $145.71 -2.2%
25 LOW Lowe's Cos Inc Consumer Cyclical 407,815.0 $102.5M 1.13% NEW $251.31 -13.2%
26 MCHP Microchip Technology Inc Technology 1,588,932.0 $102.0M 1.12% NEW $64.22 +47.3%
27 Liberty Media Corp-Liberty For 970,479.0 $101.4M 1.12% NEW $104.45
28 KEYS Keysight Technologies Inc Technology 571,222.0 $99.9M 1.10% NEW $174.92 +100.7%
29 FERG Ferguson Enterprises Inc Industrials 442,545.0 $99.4M 1.10% NEW $224.58 -0.2%
30 PGR Progressive Corp Financial Services 397,440.0 $98.1M 1.08% NEW $246.95 -19.2%
31 TREX Trex Co Inc Industrials 1,893,081.0 $97.8M 1.08% NEW $51.67 -25.4%
32 ADI Analog Devices Inc Technology 378,575.0 $93.0M 1.03% NEW $245.70 +73.5%
33 WAT Waters Corp Healthcare 307,693.0 $92.2M 1.02% NEW $299.81 +10.9%
34 MC Moelis & Co Financial Services 1,284,261.0 $91.6M 1.01% NEW $71.32 -11.0%
35 ABG Asbury Automotive Group Inc Consumer Cyclical 374,577.0 $91.6M 1.01% NEW $244.45 -27.1%
36 LAD Lithia Motors Inc Consumer Cyclical 283,015.0 $89.4M 0.99% NEW $316.00 -17.2%
37 MSFT Microsoft Corp Technology 169,700.0 $87.9M 0.97% NEW $517.95 -19.5%
38 LBRDK Liberty Broadband Corp Communication Services 1,328,182.0 $84.4M 0.93% NEW $63.54 -47.9%
39 A Agilent Technologies Inc Healthcare 653,819.0 $83.9M 0.93% NEW $128.35 -12.9%
40 PH Parker-Hannifin Corp Industrials 109,245.0 $82.8M 0.91% NEW $758.15 +13.7%
Page 2 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%