Madison Asset Management, LLC

All Holdings — 2025 Q4

AI Portfolio Summary
In 2025 Q4, Madison Asset Management, LLC maintained a portfolio of 363 distinct positions. They heavily accumulated shares in Microsoft Corp, increasing their position by 16.0%. Conversely, Madison Asset Management, LLC completely exited their position in Trex Co Inc.
PCA Score Concentration Risk
Risk ENB
Total Positions
363
Quarter
2025 Q4
Top Holding
ACGL (4.8%)
Top 10 Concentration
24.9%
Turnover Rate
23.4%
Sector HHI
0.18
Items per page:
1-25 of 363
Stock History Sector / Type Port % Prev % Rank / Prev Conviction Change % Change Influence Shares Mkt Value Avg Cost Price Held 1st Owned Source Source Date Date Reported
ACGL
Arch Capital Gr...
Financial Services 4.78% 4.71% #1
Prev: #1
1.9 -375,516 -8.0%
P
S
4,332,431 $415,566,746 2019 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
ROST
Ross Stores Inc
Consumer Cyclical 3.12% 2.68% #2 1
Prev: #3
1.3 -85,634 -5.4%
P
S
1,507,387 $271,540,765 2019 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
PCAR
PACCAR Inc
Industrials 2.87% 2.67% #3 1
Prev: #4
1.2 -178,640 -7.3%
P
S
2,282,440 $249,949,983 2019 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
GOOG
Alphabet Inc
Communication Services 2.78% 2.26% #4 2
Prev: #6
1.1 -70,631 -8.4%
P
S
769,985 $241,621,170 2019 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
APH
Amphenol Corp
Technology 2.08% 3.33% #5 3
Prev: #2
1.0 -1,101,861 -45.1%
P
S
1,340,841 $181,201,300 2019 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
IT
Gartner Inc
Technology 1.96% 2.08% #6 3
Prev: #9
0.8 -40,413 -5.6%
P
S
675,398 $170,389,307 2019 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
AMZN
Amazon.com Inc
Consumer Cyclical 1.87% 1.78% #7 4
Prev: #11
0.8 -33,189 -4.5%
P
S
702,961 $162,257,472 2019 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
CPRT
Copart Inc
Industrials 1.83% 2.24% #8 1
Prev: #7
0.8 -438,237 -9.7%
P
S
4,072,359 $159,432,860 2019 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
BRO
Brown & Brown I...
Financial Services 1.82% 2.08% #9 1
Prev: #8
0.7 -21,650 -1.1%
P
S
1,987,110 $158,372,632 2019 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
CDW
CDW Corp/DE
Technology 1.81% 2.28% #10 5
Prev: #5
0.8 -141,841 -10.9%
P
S
1,154,334 $157,220,264 2019 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
MEDP
Medpace Holding...
Healthcare 1.79% 1.66% #11 2
Prev: #13
0.7 -14,872 -5.1%
P
S
277,757 $156,002,444 2024 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
CSL
Carlisle Cos In...
Industrials 1.75% 1.85% #12 2
Prev: #10
0.7 -33,334 -6.5%
P
S
475,632 $152,135,729 2019 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
MKSI
MKS Inc
Technology 1.69% 1.33% #13 6
Prev: #19
0.7 -54,641 -5.6%
P
S
921,450 $147,247,760 2021 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
LH
Labcorp Holding...
Healthcare 1.52% 1.76% #14 2
Prev: #12
0.6 -30,244 -5.4%
P
S
525,878 $131,932,153 2019 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
DHR
Danaher Corp
Healthcare 1.43% 1.21% #15 6
Prev: #21
0.6 -8,143 -1.5%
P
S
545,044 $124,771,540 2019 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
V
Visa Inc
Financial Services 1.43% 1.38% #16 1
Prev: #17
0.6 -10,709 -2.9%
P
S
355,548 $124,694,243 2019 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
WRB
WR Berkley Corp
Financial Services 1.39% 1.55% #17 3
Prev: #14
0.6 -106,486 -5.8%
P
S
1,724,598 $120,928,782 2019 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
TXN
Texas Instrumen...
Technology 1.35% 1.47% #18 3
Prev: #15
0.6 -47,401 -6.5%
P
S
677,878 $117,605,014 2019 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
WAT
Waters Corp
Healthcare 1.28% 1.02% #19 14
Prev: #33
0.5 -14,529 -4.7%
P
S
293,164 $111,352,638 2023 Q2 13F Filing 2025-12-31 2026-02-14 (Est.)
TDY
Teledyne Techno...
Technology 1.24% 1.44% #20 4
Prev: #16
0.5 -11,743 -5.3%
P
S
210,832 $107,678,355 2024 Q2 13F Filing 2025-12-31 2026-02-14 (Est.)
THO
Thor Industries...
Consumer Cyclical 1.23% 1.26% #21 1
Prev: #20
0.5 -58,485 -5.3%
P
S
1,043,703 $107,157,029 2022 Q1 13F Filing 2025-12-31 2026-02-14 (Est.)
KEYS
Keysight Techno...
Technology 1.21% 1.10% #22 6
Prev: #28
0.5 -51,910 -9.1%
P
S
519,312 $105,518,906 2019 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
SPHQ
Invesco S&P 500...
ETF 1.18% 1.17% #23
Prev: #23
0.5 -86,577 -6.0%
P
S
1,362,392 $102,247,526 2019 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
ADI
Analog Devices ...
Technology 1.15% 1.03% #24 8
Prev: #32
0.5 -11,107 -2.9%
P
S
367,468 $99,657,210 2019 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
MSFT
Microsoft Corp
Technology 1.10% 0.97% #25 12
Prev: #37
2.5 27,235 16.0%
P
S
196,935 $95,241,768 2019 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
TREX
Trex Co Inc
Industrials 0.00% 1.08%
Sold All 😨
(Was: #31)
0.3 -1,893,081 -100.0%
CLOSED
$— 2025 Q1 13F Filing 2025-12-31 2026-02-14 (Est.)
CFLT
Confluent Inc
Technology 0.00% 0.05%
Sold All 😨
(Was: #180)
0.3 -218,345 -100.0%
CLOSED
$— 2023 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
CIEN
Ciena Corp
Technology 0.00% 0.05%
Sold All 😨
(Was: #181)
0.3 -29,216 -100.0%
CLOSED
$— 2020 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
WAL
Western Allianc...
Financial Services 0.00% 0.05%
Sold All 😨
(Was: #183)
0.3 -47,243 -100.0%
CLOSED
$— 2019 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
CCOI
Cogent Communic...
Communication Services 0.00% 0.04%
Sold All 😨
(Was: #197)
0.3 -83,719 -100.0%
CLOSED
$— 2020 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
TSRYY
Treasury Wine E...
Consumer Defensive 0.00% 0.02%
Sold All 😨
(Was: #245)
0.3 -406,872 -100.0%
CLOSED
$— 2022 Q2 13F Filing 2025-12-31 2026-02-14 (Est.)
CYBR
CyberArk Softwa...
Technology 0.00% 0.02%
Sold All 😨
(Was: #257)
0.3 -3,255 -100.0%
CLOSED
$— 2020 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
SYY
Sysco Corp
Consumer Defensive 0.00% 0.02%
Sold All 😨
(Was: #261)
0.3 -18,529 -100.0%
CLOSED
$— 2025 Q3 13F Filing 2025-12-31 2026-02-14 (Est.)
ATEYY
Advantest Corp ...
Technology 0.00% 0.02%
Sold All 😨
(Was: #263)
0.3 -14,946 -100.0%
CLOSED
$— 2025 Q2 13F Filing 2025-12-31 2026-02-14 (Est.)
JAAA
Janus Henderson...
ETF 0.00% 0.02%
Sold All 😨
(Was: #265)
0.3 -28,845 -100.0%
CLOSED
$— 2024 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
DGX
Quest Diagnosti...
Healthcare 0.00% 0.02%
Sold All 😨
(Was: #267)
0.3 -7,562 -100.0%
CLOSED
$— 2020 Q1 13F Filing 2025-12-31 2026-02-14 (Est.)
MOS
Mosaic Co/The
Basic Materials 0.00% 0.02%
Sold All 😨
(Was: #271)
0.3 -40,574 -100.0%
CLOSED
$— 2025 Q2 13F Filing 2025-12-31 2026-02-14 (Est.)
VICI
VICI Properties...
Real Estate 0.00% 0.01%
Sold All 😨
(Was: #278)
0.3 -36,430 -100.0%
CLOSED
$— 2022 Q2 13F Filing 2025-12-31 2026-02-14 (Est.)
NJDCY
Nidec Corp - Sp...
Industrials 0.00% 0.01%
Sold All 😨
(Was: #279)
0.3 -271,549 -100.0%
CLOSED
$— 2022 Q2 13F Filing 2025-12-31 2026-02-14 (Est.)
UPS
United Parcel S...
Industrials 0.00% 0.01%
Sold All 😨
(Was: #286)
0.3 -11,160 -100.0%
CLOSED
$— 2019 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
BA
Boeing Co/The
Industrials 0.00% 0.01%
Sold All 😨
(Was: #306)
0.3 -2,350 -100.0%
CLOSED
$— 2019 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
MU
Micron Technolo...
Technology 0.00% 0.01%
Sold All 😨
(Was: #307)
0.3 -3,000 -100.0%
CLOSED
$— 2025 Q1 13F Filing 2025-12-31 2026-02-14 (Est.)
SHV
iShares Short T...
ETF 0.00% 0.00%
Sold All 😨
(Was: #313)
0.3 -3,748 -100.0%
CLOSED
$— 2019 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
BSX
Boston Scientif...
Healthcare 0.00% 0.00%
Sold All 😨
(Was: #327)
0.3 -2,464 -100.0%
CLOSED
$— 2024 Q1 13F Filing 2025-12-31 2026-02-14 (Est.)
MO
Altria Group In...
Consumer Defensive 0.00% 0.00%
Sold All 😨
(Was: #335)
0.3 -3,230 -100.0%
CLOSED
$— 2019 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
NVS
Novartis AG - S...
Healthcare 0.00% 0.00%
Sold All 😨
(Was: #336)
0.3 -1,619 -100.0%
CLOSED
$— 2019 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
Showing 1-25 of 363 holdings

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