MADISON ASSET MANAGEMENT, LLC

PrivateCIK: 1299351

Location

MADISON, WI

347

Positions

$8.39B

Total AUM (reported)

90.28M

Total Shares

Allocation by class

COM$7.28B86.8%

ETF$1.10B13.2%

Portfolio Concentration

Top 3$791.78M9.4%

4–10$1.14B13.6%

11–25$1.74B20.7%

Rest$4.72B56.3%

Top 3 weight

9.4%

Top 10 weight

23.0%

Voting Authority Distribution

Total shares with voting rights: 90.28M

Sole

Full voting authority

88.38M

% of voting shares97.9%

Shared

Joint voting authority

0.00

% of voting shares0.0%

None

No voting authority

1.90M

% of voting shares2.1%

Investment Discretion (by position count)

Sole347

Shared0

Other0

Dominant voting typeSole · 97.9% of voting shares

Institutional Holdings347

Rows:

Arch Capital Group Ltd

SOLE

COM

Shares3.80M

TypeSH

Market value$368.81M

4.40%

Sole

3.64M

Shared

0.00

None

157.10K

Alphabet Inc

SOLE

COM

Shares610.19K

TypeSH

Market value$215.60M

2.57%

Sole

602.11K

Shared

0.00

None

8.09K

Amphenol Corp

SOLE

COM

Shares1.18M

TypeSH

Market value$207.37M

2.47%

Sole

1.12M

Shared

0.00

None

57.08K

Ross Stores Inc

SOLE

COM

Shares886.64K

TypeSH

Market value$188.72M

2.25%

Sole

843.47K

Shared

0.00

None

43.17K

PACCAR Inc

SOLE

COM

Shares1.48M

TypeSH

Market value$177.61M

2.12%

Sole

1.42M

Shared

0.00

None

60.20K

Texas Instruments Inc

SOLE

COM

Shares575.70K

TypeSH

Market value$171.60M

2.05%

Sole

567.77K

Shared

0.00

None

7.93K

Amazon.com Inc

SOLE

COM

Shares656.26K

TypeSH

Market value$156.41M

1.86%

Sole

647.30K

Shared

0.00

None

8.96K

Carlisle Cos Inc

SOLE

COM

Shares421.41K

TypeSH

Market value$152.87M

1.82%

Sole

401.12K

Shared

0.00

None

20.28K

CDW Corp/DE

SOLE

COM

Shares1.07M

TypeSH

Market value$150.55M

1.80%

Sole

1.03M

Shared

0.00

None

45.17K

MKS Inc

SOLE

COM

Shares316.69K

TypeSH

Market value$140.87M

1.68%

Sole

301.36K

Shared

0.00

None

15.34K

Keysight Technologies Inc

SOLE

COM

Shares398.12K

TypeSH

Market value$139.37M

1.66%

Sole

391.81K

Shared

0.00

None

6.31K

Brown & Brown Inc

SOLE

COM

Shares2.16M

TypeSH

Market value$138.63M

1.65%

Sole

2.06M

Shared

0.00

None

104.66K

Labcorp Holdings Inc

SOLE

COM

Shares476.64K

TypeSH

Market value$133.46M

1.59%

Sole

454.16K

Shared

0.00

None

22.49K

Visa Inc

SOLE

COM

Shares382.66K

TypeSH

Market value$131.29M

1.57%

Sole

377.53K

Shared

0.00

None

5.13K

Medpace Holdings Inc

SOLE

COM

Shares243.50K

TypeSH

Market value$128.96M

1.54%

Sole

231.66K

Shared

0.00

None

11.85K

Analog Devices Inc

SOLE

COM

Shares313.23K

TypeSH

Market value$124.41M

1.48%

Sole

309.05K

Shared

0.00

None

4.19K

Teledyne Technologies Inc

SOLE

COM

Shares183.82K

TypeSH

Market value$122.59M

1.46%

Sole

174.72K

Shared

0.00

None

9.11K

MSA Safety Inc

SOLE

COM

Shares660.57K

TypeSH

Market value$115.32M

1.37%

Sole

628.03K

Shared

0.00

None

32.54K

Copart Inc

SOLE

COM

Shares4.01M

TypeSH

Market value$113.14M

1.35%

Sole

3.84M

Shared

0.00

None

171.39K

Moelis & Co

SOLE

COM

Shares1.67M

TypeSH

Market value$109.07M

1.30%

Sole

1.59M

Shared

0.00

None

79.97K

WR Berkley Corp

SOLE

COM

Shares1.50M

TypeSH

Market value$105.64M

1.26%

Sole

1.42M

Shared

0.00

None

74.05K

Waters Corp

SOLE

COM

Shares279.86K

TypeSH

Market value$104.96M

1.25%

Sole

266.55K

Shared

0.00

None

13.30K

A O Smith Corp

SOLE

COM

Shares1.47M

TypeSH

Market value$92.01M

1.10%

Sole

1.39M

Shared

0.00

None

73.13K

Liberty Media Corp-Liberty For

SOLE

COM

Shares964.34K

TypeSH

Market value$91.75M

1.09%

Sole

895.58K

Shared

0.00

None

68.76K

Parker-Hannifin Corp

SOLE

COM

Shares88.31K

TypeSH

Market value$86.38M

1.03%

Sole

86.69K

Shared

0.00

None

1.62K

Issuer	Class	Shares	Type	Value / Portfolio %	Voting — Sole	None
Arch Capital Group LtdSOLE	COM	3.80M	SH	$368.81M 4.40%	3.64M	157.10K
Alphabet IncSOLE	COM	610.19K	SH	$215.60M 2.57%	602.11K	8.09K
Amphenol CorpSOLE	COM	1.18M	SH	$207.37M 2.47%	1.12M	57.08K
Ross Stores IncSOLE	COM	886.64K	SH	$188.72M 2.25%	843.47K	43.17K
PACCAR IncSOLE	COM	1.48M	SH	$177.61M 2.12%	1.42M	60.20K
Texas Instruments IncSOLE	COM	575.70K	SH	$171.60M 2.05%	567.77K	7.93K
Amazon.com IncSOLE	COM	656.26K	SH	$156.41M 1.86%	647.30K	8.96K
Carlisle Cos IncSOLE	COM	421.41K	SH	$152.87M 1.82%	401.12K	20.28K
CDW Corp/DESOLE	COM	1.07M	SH	$150.55M 1.80%	1.03M	45.17K
MKS IncSOLE	COM	316.69K	SH	$140.87M 1.68%	301.36K	15.34K
Keysight Technologies IncSOLE	COM	398.12K	SH	$139.37M 1.66%	391.81K	6.31K
Brown & Brown IncSOLE	COM	2.16M	SH	$138.63M 1.65%	2.06M	104.66K
Labcorp Holdings IncSOLE	COM	476.64K	SH	$133.46M 1.59%	454.16K	22.49K
Visa IncSOLE	COM	382.66K	SH	$131.29M 1.57%	377.53K	5.13K
Medpace Holdings IncSOLE	COM	243.50K	SH	$128.96M 1.54%	231.66K	11.85K
Analog Devices IncSOLE	COM	313.23K	SH	$124.41M 1.48%	309.05K	4.19K
Teledyne Technologies IncSOLE	COM	183.82K	SH	$122.59M 1.46%	174.72K	9.11K
MSA Safety IncSOLE	COM	660.57K	SH	$115.32M 1.37%	628.03K	32.54K
Copart IncSOLE	COM	4.01M	SH	$113.14M 1.35%	3.84M	171.39K
Moelis & CoSOLE	COM	1.67M	SH	$109.07M 1.30%	1.59M	79.97K
WR Berkley CorpSOLE	COM	1.50M	SH	$105.64M 1.26%	1.42M	74.05K
Waters CorpSOLE	COM	279.86K	SH	$104.96M 1.25%	266.55K	13.30K
A O Smith CorpSOLE	COM	1.47M	SH	$92.01M 1.10%	1.39M	73.13K
Liberty Media Corp-Liberty ForSOLE	COM	964.34K	SH	$91.75M 1.09%	895.58K	68.76K
Parker-Hannifin CorpSOLE	COM	88.31K	SH	$86.38M 1.03%	86.69K	1.62K

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