Madison Asset Management, LLC Q2 2025 Filing
Filed August 11, 2025
Portfolio Value
$9.3B
Holdings
338
Report Date
Q2 2025
Filing Type
13F-HR
All Holdings (338 positions)
| # | Stock | Shares | Value | % Portfolio | Type |
|---|---|---|---|---|---|
| 201 | PNGAYPing An Insurance Group Co of | 238,442 | $3.1B | 33.06% | |
| 202 | WMMVYWal-Mart de Mexico SAB de CV - | 90,713 | $3.0B | 32.63% | |
| 203 | THGHanover Insurance Group Inc/Th | 17,786 | $3.0B | 32.63% | |
| 204 | KRYAYKerry Group PLC - Spons ADR | 27,245 | $3.0B | 32.55% | |
| 205 | METAMeta Platforms Inc | 3,902 | $2.9B | 31.10% | |
| 206 | DQJCYPan Pacific International Hold | 83,286 | $2.9B | 30.84% | |
| 207 | SONYSony Group Corp - Spons ADR | 107,427 | $2.8B | 30.20% | |
| 208 | VFCVF Corp | 235,218 | $2.8B | 29.85% | |
| 209 | GOOGLAlphabet Inc | 15,653 | $2.8B | 29.79% | |
| 210 | DTEGYDeutsche Telekom AG - Spons AD | 74,932 | $2.7B | 29.61% | |
| 211 | EPCEdgewell Personal Care Co | 114,038 | $2.7B | 28.83% | |
| 212 | WMSAdvanced Drainage Systems Inc | 23,125 | $2.7B | 28.69% | |
| 213 | SPMDSPDR Portfolio S&P 400 Mid Cap | 48,524 | $2.6B | 28.50% | |
| 214 | RVLVRevolve Group Inc | 129,092 | $2.6B | 27.95% | |
| 215 | KIGRYKION Group AG - Unspons ADR | 184,378 | $2.6B | 27.70% | |
| 216 | PUKNPrudential PLC - Spons ADR | 101,849 | $2.5B | 27.52% | |
| 217 | ITUBItau Unibanco Holding SA - Spo | 372,210 | $2.5B | 27.29% | |
| 218 | CYBRCyberArk Software Ltd | 5,995 | $2.4B | 26.34% | |
| 219 | JT5Mueller Water Products Inc | 101,191 | $2.4B | 26.27% | |
| 220 | CXTCrane NXT Co | 44,966 | $2.4B | 26.17% | |
| 221 | CHRDChord Energy Corp | 24,772 | $2.4B | 25.91% | |
| 222 | AVGOBroadcom Inc | 8,599 | $2.4B | 25.60% | |
| 223 | VIGVanguard Dividend Appreciation | 11,557 | $2.4B | 25.55% | |
| 224 | TRYIYToray Industries Inc - Unspons | 164,948 | $2.2B | 24.21% | |
| 225 | DSNKYDaiichi Sankyo Co Ltd - Spons | 95,724 | $2.2B | 24.00% | |
| 226 | TCEHYTencent Holdings Ltd - Unspons | 34,191 | $2.2B | 23.82% | |
| 227 | MUFGMitsubishi UFJ Financial Group | 160,707 | $2.2B | 23.81% | |
| 228 | SIEBSiemens AG - Spons ADR | 16,971 | $2.2B | 23.62% | |
| 229 | ADDYYadidas AG - Spons ADR | 18,332 | $2.1B | 23.17% | |
| 230 | FLXRTCW Flexible Income ETF | 54,184 | $2.1B | 23.08% | |
| 231 | SDYSPDR S&P Dividend ETF | 15,613 | $2.1B | 22.89% | |
| 232 | CPCanadian Pacific Kansas City L | 26,545 | $2.1B | 22.72% | |
| 233 | PKWInvesco BuyBack Achievers ETF | 16,969 | $2.1B | 22.65% | |
| 234 | BBJPJPMorgan BetaBuilders Japan ET | 33,707 | $2.1B | 22.49% | |
| 235 | AMGNAmgen Inc | 7,400 | $2.1B | 22.31% | |
| 236 | HUMHumana Inc | 8,445 | $2.1B | 22.30% | |
| 237 | MRKMerck & Co Inc | 25,983 | $2.1B | 22.21% | |
| 238 | CTSCTS Corp | 47,782 | $2.0B | 21.99% | |
| 239 | SPGIS&P Global Inc | 3,819 | $2.0B | 21.75% | |
| 240 | INFYInfosys Ltd - Spons ADR | 107,806 | $2.0B | 21.57% | |
| 241 | VFLOVictoryShares Free Cash Flow E | 56,236 | $2.0B | 21.47% | |
| 242 | SCCOSouthern Copper Corp | 19,613 | $2.0B | 21.43% | |
| 243 | DSMCDistillate Small/Mid Cash Flow | 60,096 | $2.0B | 21.11% | |
| 244 | OLNOlin Corp | 97,071 | $2.0B | 21.06% | |
| 245 | LZAGYLonza Group AG - Unspons ADR | 27,272 | $1.9B | 21.02% | |
| 246 | IRMIron Mountain Inc | 18,531 | $1.9B | 20.53% | |
| 247 | SXYAYSika AG - Unspons ADR | 68,941 | $1.9B | 20.20% | |
| 248 | TSRYYTreasury Wine Estates Ltd - Sp | 368,369 | $1.9B | 20.17% | |
| 249 | SAPSAP SE - Spons ADR | 5,850 | $1.8B | 19.21% | |
| 250 | DGXQuest Diagnostics Inc | 9,842 | $1.8B | 19.09% | |
| 251 | ATEYYAdvantest Corp - Spons ADR | 23,647 | $1.7B | 18.89% | |
| 252 | FMXFomento Economico Mexicano SAB | 16,729 | $1.7B | 18.61% | |
| 253 | WIZEYWise PLC - Spons ADR | 116,899 | $1.7B | 18.41% | |
| 254 | NXPINXP Semiconductors NV | 7,785 | $1.7B | 18.37% | |
| 255 | LSRCYLasertec Corp - Unspons ADR | 63,080 | $1.7B | 18.31% | |
| 256 | CABGYCarlsberg AS - Spons ADR | 58,273 | $1.7B | 17.85% | |
| 257 | DLTHDuluth Holdings Inc | 762,777 | $1.6B | 17.30% | |
| 258 | MDLZMondelez International Inc | 22,927 | $1.5B | 16.70% | |
| 259 | MOSMosaic Co/The | 41,720 | $1.5B | 16.44% | |
| 260 | FNDXSchwab Fundamental U.S. Large | 60,771 | $1.5B | 16.11% | |
| 261 | NHYDYNorsk Hydro ASA - Spons ADR | 252,660 | $1.4B | 15.58% | |
| 262 | SHECYShin-Etsu Chemical Co Ltd - Un | 87,149 | $1.4B | 15.52% | |
| 263 | MRAAYMurata Manufacturing Co Ltd - | 190,162 | $1.4B | 15.20% | |
| 264 | AEMAgnico Eagle Mines Ltd | 11,700 | $1.4B | 15.03% | |
| 265 | SYIEYSymrise AG - Unspons ADR | 52,727 | $1.4B | 14.94% | |
| 266 | MFCManulife Financial Corp | 42,569 | $1.4B | 14.69% | |
| 267 | PRDSYPRADA SpA - Unspons ADR | 109,850 | $1.4B | 14.66% | |
| 268 | AIQUYAir Liquide SA - Unspons ADR | 32,823 | $1.4B | 14.64% | |
| 269 | NJDCYNidec Corp - Spons ADR | 277,870 | $1.4B | 14.64% | |
| 270 | SHELShell PLC - Spons ADR | 19,180 | $1.4B | 14.58% | |
| 271 | INTUIntuit Inc | 1,690 | $1.3B | 14.38% | |
| 272 | RACEFerrari NV | 2,700 | $1.3B | 14.31% | |
| 273 | GMABGenmab A/S - Spons ADR | 62,930 | $1.3B | 14.04% | |
| 274 | ALSAllstate Corp | 5,969 | $1.2B | 12.98% | |
| 275 | SAIASaia Inc | 4,236 | $1.2B | 12.53% | |
| 276 | UPSUnited Parcel Service Inc | 10,939 | $1.1B | 11.92% | |
| 277 | HESAYHermes International SCA - Uns | 3,987 | $1.1B | 11.67% | |
| 278 | ATDATI Inc | 12,500 | $1.1B | 11.66% | |
| 279 | WFCWells Fargo & Co | 13,295 | $1.1B | 11.50% | |
| 280 | IWFiShares Russell 1000 Growth ET | 2,440 | $1.0B | 11.19% | |
| 281 | LVMUYLVMH Moet Hennessy Louis Vuitt | 9,836 | $1.0B | 11.16% | |
| 282 | GRMNGarmin Ltd | 4,384 | $915.0M | 9.88% | |
| 283 | MAMastercard Inc | 1,537 | $863.7M | 9.33% | |
| 284 | GMS1EURGMS Inc | 7,720 | $839.5M | 9.07% | |
| 285 | CSCOCisco Systems Inc | 11,797 | $818.5M | 8.84% | |
| 286 | KOCoca-Cola Co | 11,528 | $815.6M | 8.81% | |
| 287 | GDGeneral Dynamics Corp | 2,630 | $767.1M | 8.28% | |
| 288 | TRVTravelers Cos Inc | 2,840 | $759.8M | 8.21% | |
| 289 | WMWaste Management Inc | 3,275 | $749.4M | 8.09% | |
| 290 | VBVanguard Small-Cap ETF | 3,106 | $736.1M | 7.95% | |
| 291 | QLTYGMO US Quality ETF | 20,389 | $698.5M | 7.54% | |
| 292 | SHViShares Short Treasury Bond ET | 6,170 | $681.3M | 7.36% | |
| 293 | DYHTarget Corp | 6,782 | $669.0M | 7.23% | |
| 294 | IWRiShares Russell Mid-Cap ETF | 7,194 | $661.6M | 7.14% | |
| 295 | IUSGiShares Core S&P U.S. Growth E | 4,244 | $638.3M | 6.89% | |
| 296 | COFCapital One Financial Corp | 2,897 | $616.4M | 6.66% | |
| 297 | AQLTiShares Core MSCI EAFE ETF | 7,253 | $605.5M | 6.54% | |
| 298 | VICIVICI Properties Inc | 18,447 | $601.4M | 6.49% | |
| 299 | MKLMarkel Corp | 285 | $570.1M | 6.16% | |
| 300 | SCHFSchwab International Equity ET | 25,140 | $555.6M | 6.00% |