Madison Asset Management, LLC Top Holdings and 13F Report (2025) About Madison Asset Management, LLCInvestment ActivityMadison Asset Management, LLC has $8.98 billion in total holdings as of March 31, 2025.Madison Asset Management, LLC owns shares of 349 different stocks, but just 69 companies or ETFs make up 80% of its holdings.Approximately 9.27% of the portfolio was purchased this quarter.About 5.07% of the portfolio was sold this quarter.This quarter, Madison Asset Management, LLC has purchased 335 new stocks and bought additional shares in 117 stocks.Madison Asset Management, LLC sold shares of 158 stocks and completely divested from 20 stocks this quarter.Largest Holdings Arch Capital Group $465,280,560Copart $263,234,963Brown & Brown $256,382,721PACCAR $250,226,430Gartner $231,776,427 Largest New Holdings this Quarter 89531P105 - Trex $109,851,509 Holding49714P108 - Kinsale Capital Group $76,235,369 Holding464286608 - iShares MSCI Eurozone ETF $9,193,985 Holding142795202 - Carlsberg A/S $1,733,252 Holding609207105 - Mondelez International $940,469 Holding Largest Purchases this Quarter Trex 1,890,732 shares (about $109.85M)Kinsale Capital Group 156,634 shares (about $76.24M)MKS Instruments 494,207 shares (about $39.61M)Carlisle Companies 113,312 shares (about $38.58M)Arch Capital Group 397,857 shares (about $38.27M) Largest Sales this Quarter Armstrong World Industries 529,920 shares (about $74.65M)U.S. Bancorp 1,623,332 shares (about $68.54M)Arista Networks Inc 539,926 shares (about $41.83M)iShares Aaa - A Rated Corporate Bond ETF 553,870 shares (about $26.33M)Schwab Intermediate-Term U.S. Treasury ETF 646,304 shares (about $16.07M) Sector Allocation Over TimeMap of 500 Largest Holdings ofMadison Asset Management, LLC Selling Neutral Buying Latest 13F Holdings and Changes Since Previous Quarterly FilingIssuer NameHoldings ValueApproximate Purchase/SaleChange in SharesShares Held% of PortfolioSectorACGLArch Capital Group$465,280,560$38,265,886 ▲9.0%4,837,6025.2%FinanceCPRTCopart$263,234,963$13,085,533 ▲5.2%4,651,6162.9%Business ServicesBROBrown & Brown$256,382,721$14,910,089 ▲6.2%2,060,9542.9%FinancePCARPACCAR$250,226,430$11,855,286 ▲5.0%2,569,8512.8%Auto/Tires/TrucksITGartner$231,776,427$19,684,983 ▲9.3%552,1902.6%Business ServicesROSTRoss Stores$205,469,910$10,997,988 ▲5.7%1,607,8722.3%Retail/WholesaleGOOGAlphabet$205,259,677$6,208,424 ▼-2.9%1,313,8302.3%Computer and TechnologyCSLCarlisle Companies$175,403,146$38,582,740 ▲28.2%515,1342.0%Multi-Sector ConglomeratesAPHAmphenol$167,014,910$18,033,644 ▲12.1%2,546,3471.9%Computer and TechnologyLBRDKLiberty Broadband$151,537,398$11,933,109 ▲8.5%1,781,7451.7%Consumer DiscretionaryAMZNAmazon.com$144,335,238$3,273,043 ▲2.3%758,6211.6%Retail/WholesaleFIFiserv$139,823,698$4,991,645 ▼-3.4%633,1731.6%Business ServicesCDWCDW$134,062,361$13,438,288 ▲11.1%836,5301.5%Computer and TechnologyWRBW. R. Berkley$131,096,264$11,386,808 ▲9.5%1,842,2751.5%FinanceLabcorp Holdings Inc Com Usd0.$129,562,438$4,306,855 ▲3.4%556,6831.4%COMBRK.BBerkshire Hathaway$128,697,456$2,039,782 ▼-1.6%241,6491.4%FinanceDLTRDollar Tree$128,319,477$14,808,008 ▲13.0%1,709,3311.4%Retail/WholesaleVVisa$127,935,748$4,000,150 ▼-3.0%365,0511.4%Business ServicesPGRProgressive$120,231,052$2,167,289 ▼-1.8%424,8301.3%FinanceTXNTexas Instruments$118,423,763$8,140,771 ▲7.4%659,0081.3%Computer and TechnologyMKSIMKS Instruments$114,465,661$39,610,691 ▲52.9%1,428,1431.3%Computer and TechnologyWATWaters$114,005,738$10,040,956 ▲9.7%309,3191.3%MedicalTDYTeledyne Technologies$110,747,891$9,174,284 ▲9.0%222,5151.2%AerospaceTREXTrex$109,851,509$109,851,509 ▲New Holding1,890,7321.2%ConstructionADIAnalog Devices$105,076,801$732,264 ▼-0.7%521,0331.2%Computer and TechnologyLOWLowe's Companies$102,534,820$2,148,979 ▼-2.1%439,6301.1%Retail/WholesaleACNAccenture$95,463,964$264,298 ▲0.3%305,9351.1%Computer and TechnologySPHQInvesco S&P 500 Quality ETF$94,727,091$7,017,844 ▲8.0%1,427,9031.1%ETFDHRDanaher$92,713,863$35,416,395 ▲61.8%452,2631.0%MedicalBAMBrookfield Asset Management$92,151,168$7,998,998 ▲9.5%1,901,9851.0%FinanceFWONKFormula One Group$87,437,368$11,368,177 ▲14.9%971,4181.0%Consumer DiscretionaryALCAlcon$86,882,725$1,515,843 ▼-1.7%915,2291.0%MedicalFNDFloor & Decor$85,580,764$6,844,218 ▲8.7%1,063,5111.0%Retail/WholesaleJMBSJanus Henderson Mortgage-Backed Securities ETF$83,549,407$6,017,251 ▲7.8%1,848,4380.9%ETFABGAsbury Automotive Group$82,444,092$7,543,904 ▲10.1%373,3200.9%Retail/WholesaleLADLithia Motors$82,325,045$7,435,661 ▲9.9%280,4560.9%Retail/WholesaleAAgilent Technologies$81,349,133$547,817 ▼-0.7%695,4110.9%MedicalKEYSKeysight Technologies$80,995,700$1,209,092 ▼-1.5%540,8010.9%Computer and TechnologyTHOTHOR Industries$80,760,354$4,967,907 ▲6.6%1,065,2990.9%ConstructionMMCMarsh & McLennan Companies$76,856,894$10,302,932 ▲15.5%314,9490.9%FinanceMCHPMicrochip Technology$76,485,348$10,086,032 ▲15.2%1,579,9490.9%Computer and TechnologyKNSLKinsale Capital Group$76,235,369$76,235,369 ▲New Holding156,6340.8%FinanceFerguson Enterprises Inc$75,764,467$27,599,148 ▲57.3%472,8480.8%COMSCHWCharles Schwab$74,964,152$297,307 ▼-0.4%957,6410.8%FinancePHParker-Hannifin$74,837,139$1,185,305 ▼-1.6%123,1180.8%IndustrialsMCMoelis & Company$73,778,706$5,795,906 ▲8.5%1,264,2000.8%FinanceDSTLDistillate U.S. Fundamental Stability & Value ETF$72,990,551$1,451,896 ▲2.0%1,345,6960.8%ETFEXPDExpeditors International of Washington$65,931,210$6,184,704 ▲10.4%548,2840.7%TransportationELVElevance Health$65,057,649$38,054,975 ▲140.9%149,5720.7%MedicalBF.BBrown-Forman$64,038,523$9,353,353 ▲17.1%1,886,8160.7%Consumer StaplesMadison Short-Term Strategic I$62,889,666$567,097 ▼-0.9%3,068,5370.7%ETFBNBrookfield$62,662,484$922,888 ▼-1.5%1,195,6210.7%FinanceTJXTJX Companies$61,777,055$638,110 ▼-1.0%507,2010.7%Retail/WholesaleMSFTMicrosoft$61,054,229$5,550,896 ▲10.0%162,6420.7%Computer and TechnologyMadison Aggregate Bond ETF$56,788,571$1,337,421 ▼-2.3%2,796,1580.6%ETFMadison Dividend Value ETF$54,418,016$761,288 ▼-1.4%2,484,8410.6%ETFDEDeere & Company$53,955,570$1,573,732 ▼-2.8%114,9580.6%IndustrialsArista Networks Inc$51,796,585$41,833,438 ▼-44.7%668,5160.6%COMSBUXStarbucks$49,824,810$3,536,536 ▼-6.6%507,9500.6%Retail/WholesaleNEENextEra Energy$48,778,913$1,052,291 ▼-2.1%688,0930.5%UtilitiesCFRCullen/Frost Bankers$47,173,395$4,066,124 ▲9.4%376,7840.5%FinanceMadison Covered Call ETF$46,992,170$5,620,877 ▼-10.7%2,668,1450.5%ETFGBCIGlacier Bancorp$46,065,556$4,002,440 ▲9.5%1,041,7360.5%FinanceAAPLApple$42,071,314$1,011,355 ▼-2.3%189,4000.5%Computer and TechnologyGGGGraco$41,553,326$3,707,761 ▲9.8%497,5850.5%IndustrialsSCHRSchwab Intermediate-Term U.S. Treasury ETF$41,529,525$16,067,117 ▼-27.9%1,670,5360.5%ETFLLYEli Lilly and Company$40,878,415$126,364 ▼-0.3%49,4950.5%MedicalHDHome Depot$38,132,552$1,148,580 ▼-2.9%104,0480.4%Retail/WholesaleJPMJPMorgan Chase & Co.$37,691,326$1,313,091 ▼-3.4%153,6540.4%FinanceBlackrock Inc$37,415,301$1,558,853 ▲4.3%39,5310.4%COMFWONAFormula One Group$37,057,6890.0%454,8630.4%Consumer DiscretionaryHONHoneywell International$34,753,045$5,801,315 ▲20.0%164,1230.4%Multi-Sector ConglomeratesAMTAmerican Tower$34,599,706$586,867 ▼-1.7%159,0060.4%FinanceEEMAiShares MSCI Emerging Markets Asia ETF$34,415,107$1,789,307 ▲5.5%464,6300.4%ManufacturingMDTMedtronic$33,119,610$546,079 ▼-1.6%368,5690.4%MedicalJNJJohnson & Johnson$32,321,221$1,471,498 ▼-4.4%194,8940.4%MedicalVGTVanguard Information Technology ETF$32,161,073$1,647,756 ▼-4.9%59,2960.4%ETFADPAutomatic Data Processing$29,954,467$8,800,792 ▼-22.7%98,0410.3%Business ServicesCOSTCostco Wholesale$29,276,285$2,447,651 ▼-7.7%30,9550.3%Retail/WholesaleNKENIKE$28,795,607$1,010,348 ▲3.6%453,6170.3%Consumer DiscretionaryPEPPepsiCo$26,573,117$730,508 ▼-2.7%177,2250.3%Consumer StaplesORCLOracle$25,965,793$2,753,278 ▲11.9%185,7220.3%Computer and TechnologyCOPConocoPhillips$25,680,226$407,688 ▼-1.6%244,5270.3%EnergyCMECME Group$23,950,116$4,377,550 ▼-15.5%90,2790.3%FinanceAGGiShares Core U.S. Aggregate Bond ETF$23,449,105$4,455,756 ▲23.5%237,0510.3%FinanceSPYSPDR S&P 500 ETF Trust$22,900,942$8,407,659 ▼-26.9%40,9390.3%FinanceADBEAdobe$22,682,818$6,957,261 ▲44.2%59,1420.3%Computer and TechnologyIJRiShares Core S&P Small-Cap ETF$22,440,408$3,479,671 ▲18.4%214,5970.3%ETFSPHYSPDR Portfolio High Yield Bond ETF$22,111,454$11,663,745 ▲111.6%944,1270.2%ETFUNPUnion Pacific$21,925,671$876,687 ▼-3.8%92,8110.2%TransportationCVXChevron$21,924,693$814,870 ▼-3.6%131,0580.2%EnergyKBESPDR S&P Bank ETF$21,067,965$7,278,875 ▲52.8%397,8090.2%ETFCMCSAComcast$19,950,428$2,167,211 ▼-9.8%540,6620.2%Consumer DiscretionaryFLJPFranklin FTSE Japan ETF$19,727,188$658,942 ▼-3.2%670,9930.2%ETFUNHUnitedHealth Group$19,563,110$136,699 ▼-0.7%37,3520.2%MedicalJAAAJanus Henderson AAA CLO ETF$19,534,405$11,837,996 ▲153.8%385,2180.2%ETFXOMExxon Mobil$18,816,867$311,597 ▼-1.6%158,2180.2%EnergyTE Connectivity PLC$18,690,701$2,178,165 ▲13.2%132,2580.2%COMIJHiShares Core S&P Mid-Cap ETF$18,636,173$1,432,201 ▼-7.1%319,3860.2%ETFMDYSPDR S&P MidCap 400 ETF Trust$18,620,538$2,634,317 ▼-12.4%34,9040.2%ETFShowing largest 100 holdings. View all holdings. More Institutional Buying and Selling Information SEC Filings and Trading Data SEC Filings 13F Filings Top 13F Buys Top 13F Sells Get 30 Days of MarketBeat All Access for Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools. Start Your 30-Day Trial MarketBeat All Access Features Best-in-Class Portfolio Monitoring Get personalized stock ideas. Compare portfolio to indices. Check stock news, ratings, SEC filings, and more. Stock Ideas and Recommendations See daily stock ideas from top analysts. Receive short-term trading ideas from MarketBeat. Identify trending stocks on social media. Advanced Stock Screeners and Research Tools Use our seven stock screeners to find suitable stocks. Stay informed with MarketBeat's real-time news. Export data to Excel for personal analysis. Sign in to your free account to enjoy these benefits In-depth profiles and analysis for 20,000 public companies. 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