Madison Asset Management, LLC

In its 13F for Q4 2024 (holdings as of December 31, 2024, filed February 10, 2025), Madison Asset Management, LLC reported 335 stock positions worth $8.9 billion. Its top holding was Arch Capital (ACGL) at 4.6% of the portfolio, followed by Alphabet Class C (GOOG, 2.9%) and Paccar (PCAR, 2.9%). Compared with Q3 2024, it opened 20 new positions, sold out of 13, added to 96 and reduced 167. The biggest buy was Copart (CPRT, shares +6%) and the biggest sale Carmax (KMX, shares −99%).

Most Recent 13F
Q2 2026
Location
MADISON, WI
CIK
0001299351
Portfolio Value
$8.9B (Q4 2024)
SEC Filing
0001954889-25-000006 ↗ filed Feb 10, 2025

Holdings Value

0$2.0B$4.0B$6.0B$8.0B$10.0B Q1 2024: $8.1B Q1 2024 Q2 2024: $8.1B Q2 2024 Q3 2024: $8.9B Q3 2024 Q4 2024: $8.9B $8.9B Q4 2024 Q1 2025: $9.0B Q1 2025 Q2 2025: $9.3B Q2 2025 Q3 2025: $9.1B Q3 2025 Q4 2025: $8.7B Q4 2025 Q1 2026: $8.1B Q1 2026 Q2 2026: $8.4B Q2 2026

Holdings 335 stocks · $8.9B

ACGL Arch Capital Group Ltd. 4.62% 4,439,745 $410.0M Add +5.4%
GOOG Alphabet Inc. Class C 2.91% 1,353,569 $257.8M Reduce -0.9%
PCAR Paccar Inc. 2.87% 2,448,096 $254.7M Add +5.3%
CPRT Copart Inc. 2.86% 4,420,382 $253.7M Add +6.3%
IT Gartner Inc. 2.76% 505,292 $244.8M Add +8.5%
ROST Ross Stores Inc. 2.60% 1,521,809 $230.2M Add +12.8%
BRO Brown & Brown Inc. 2.23% 1,941,098 $198.0M Add +11.9%
AMZN Amazon.com Inc. 1.83% 741,418 $162.7M Reduce -0.8%
APH Amphenol Corp. Class A 1.78% 2,271,402 $157.7M Add +9.4%
CSL Carlisle Cos Inc. 1.67% 401,822 $148.2M Add +8.1%
FISV Fiserv Inc. 1.52% 655,777 $134.7M Reduce -0.9%
ANET Arista Networks Inc. 1.51% 1,208,442 $133.6M Add +8.9%
CDW CDW Corp. 1.48% 752,677 $131.0M Add +49.8%
LH Labcorp Holdings Inc. 1.39% 538,178 $123.4M Add +8.9%
LBRDK Liberty Broadband-C 1.38% 1,641,438 $122.7M Add +5.8%
V Visa Inc. Class A 1.34% 376,465 $119.0M Reduce -7.1%
TXN Texas Instruments Inc. 1.30% 613,706 $115.1M Add +5.9%
DLTR Dollar Tree Inc. 1.28% 1,512,075 $113.3M Reduce -16.6%
ADI Analog Devices Inc. 1.26% 524,664 $111.5M Reduce -1.2%
BRK.B Berkshire Hathaway Inc. Class B 1.26% 245,479 $111.3M Reduce -0.8%
LOW Lowe's Cos Inc. 1.25% 448,844 $110.8M Add +4.0%
ACN Accenture PLC Class A 1.21% 305,088 $107.3M Reduce -2.6%
WAT Waters Corp. 1.18% 282,076 $104.6M Add +9.4%
PGR Progressive Corp. 1.17% 432,488 $103.6M Reduce -0.7%
WRB WR Berkley Corp. filed as BERKLEY W R CORP 1.11% 1,682,258 $98.4M Add +8.3%
FND Floor & Decor Holdings Inc. Class A 1.10% 978,458 $97.6M Add +7.7%
MKSI MKS Inc. filed as MKS INSTRS INC 1.10% 933,936 $97.5M Add +16.6%
USB US Bancorp 1.09% 2,018,822 $96.6M Reduce -0.9%
THO Thor Industries Inc. 1.08% 999,768 $95.7M Add +8.6%
TDY Teledyne Technologies Inc. 1.07% 204,082 $94.7M Add +10.3%
BAM Brookfield Asset Mgmt-A 1.06% 1,736,887 $94.1M Add +9.9%
A Agilent Technologies Inc. 1.06% 700,094 $94.1M Add +0.1%
LAD Lithia Motors Inc. 1.03% 255,125 $91.2M Add +10.8%
SPHQ Invesco S&P 500 Quality ETF 1.00% 1,322,117 $88.6M Reduce -2.5%
KEYS Keysight Technologies Inc. 0.99% 548,874 $88.2M Add +0.6%
MC Moelis & Co. Class A 0.97% 1,164,887 $86.1M Reduce -25.3%
ABG Asbury Automotive Group 0.93% 339,160 $82.4M Add +10.6%
PH Parker Hannifin Corp. 0.90% 125,068 $79.5M Reduce -23.4%
ALC Alcon Inc. filed as ALCON AG 0.89% 931,197 $79.0M Reduce -0.7%
MCHP Microchip Technology Inc. 0.89% 1,371,603 $78.7M Add +81.3%
FWONK Liberty Media Corp. Class C 0.88% 845,119 $78.3M Add +15.2%
JMBS Janus Henderson Mortg Backed 0.85% 1,715,313 $75.8M Add +2.2%
AWI Armstrong World Industries 0.85% 532,387 $75.2M Add +7.7%
DSTL Distillate US Fundamental St 0.82% 1,318,928 $72.4M Reduce -6.8%
SCHW Schwab (charles) Corp. 0.80% 961,439 $71.2M Reduce -2.1%
BN Brookfield Corp. 0.79% 1,213,230 $69.7M Reduce -0.4%
DHR Danaher Corp. 0.72% 279,500 $64.2M Reduce -1.9%
MSTI Madison SHRT TRM STR Inc. ETF 0.71% 3,096,207 $63.0M Add +4.2%
MSFT Microsoft Corp. 0.70% 147,855 $62.3M Add +3.1%
TJX TJX Companies Inc. filed as TJX COS INC NEW 0.70% 512,440 $61.9M Reduce -0.5%
BF.B Brown-Forman Corp. Class B 0.69% 1,611,231 $61.2M Add +2.4%
MRSH Marsh & McLennan Cos 0.65% 272,729 $57.9M Add +0.6%
MAGG Madison Aggregate Bond ETF 0.65% 2,862,010 $57.4M Add +3.0%
SCHR Schwab Intermediate-Term US 0.63% 2,316,840 $56.3M Add +5.8%
CVRD Madison Covered Call ETF 0.63% 2,987,290 $56.1M Reduce -19.8%
EXPD Expeditors Intl Wash Inc. 0.62% 496,852 $55.0M Add +6.6%
DIVL Madison Dividend Value ETF 0.60% 2,519,603 $53.5M Reduce -2.1%
FERG Ferguson Enterprises Inc. 0.59% 300,601 $52.2M Reduce -2.2%
NEE Nextera Energy Inc. 0.57% 702,937 $50.4M Reduce -3.9%
DE Deere & Co. 0.57% 118,311 $50.1M Add +0.0%
SBUX Starbucks Corp. 0.56% 544,004 $49.6M Reduce -1.3%
AAPL Apple Inc. 0.55% 193,953 $48.6M Reduce -1.7%
GBCI Glacier Bancorp Inc. 0.54% 951,224 $47.8M Add +9.2%
CFR Cullen/Frost Bankers Inc. 0.52% 344,307 $46.2M Add +9.3%
HD Home Depot Inc. 0.47% 107,182 $41.7M Reduce -3.1%
BLK BlackRock Inc. 0.44% 37,884 $38.8M Reduce -2.9%
VGT Vanguard Info Tech ETF 0.44% 62,334 $38.8M Reduce -12.7%
LLY Eli Lilly & Co. 0.43% 49,648 $38.3M Reduce -0.8%
FWONA Liberty Media Corp. Class A 0.43% 454,863 $38.2M No change
GGG Graco Inc. 0.43% 453,186 $38.2M Add +10.1%
JPM JPMorgan Chase & Co. 0.43% 159,007 $38.1M Reduce -1.8%
ADP Automatic Data Processing 0.42% 126,846 $37.1M Reduce -4.0%
QLTA iShares Aaa - A Rated Corpor 0.38% 718,296 $33.6M Add +51.4%
NKE Nike Inc. Class B 0.37% 437,701 $33.1M Reduce -3.0%
SPY SS SPDR S&P 500 ETF Trust-US 0.37% 55,969 $32.8M Add +11.8%
EEMA iShares MSCI Emerg MRKT Asia 0.36% 440,473 $31.6M Add +18.7%
HON Honeywell International Inc. 0.35% 136,726 $30.9M Reduce -10.3%
COST Costco Wholesale Corp. 0.35% 33,543 $30.7M Reduce -5.4%
MDT Medtronic PLC 0.34% 374,646 $29.9M Reduce -3.2%
AMT American Tower Corp. 0.33% 161,703 $29.7M Add +35.9%
JNJ Johnson & Johnson 0.33% 203,767 $29.5M Add +22.7%
IEI iShares 3-7 Year Treasury Bo 0.31% 239,844 $27.7M Reduce -2.9%
PEP Pepsico Inc. 0.31% 182,097 $27.7M Reduce -6.0%
ORCL Oracle Corp. 0.31% 166,029 $27.7M Reduce -1.0%
CME Cme Group Inc. 0.28% 106,780 $24.8M Reduce -25.4%
COP Conocophillips 0.28% 248,409 $24.6M Reduce -2.9%
ELV Elevance Health Inc. 0.26% 62,081 $22.9M Reduce -17.4%
MDY State Street SPDR S&P Midcap 0.26% 39,842 $22.7M Add +174.7%
CMCSA Comcast Corp. Class A 0.25% 599,394 $22.5M Add +9.4%
ABT Abbott Laboratories 0.25% 194,717 $22.0M Reduce -2.3%
UNP Union Pacific Corp. 0.25% 96,522 $22.0M Add +1.5%
IJH iShares Core S&P Midcap ETF 0.24% 343,931 $21.4M Add +0.7%
MS Morgan Stanley 0.24% 166,706 $21.0M Reduce -24.6%
IJR iShares Core S&P Small-Cap E 0.24% 181,321 $20.9M Add +35.2%
LVS Las Vegas Sands Corp. 0.23% 392,600 $20.2M Reduce -3.7%
IEF iShares 7-10 Year Treasury B 0.22% 214,991 $19.9M Reduce -2.7%
FLJP Franklin Ftse Japan ETF 0.22% 693,406 $19.8M Reduce -0.4%
CVX Chevron Corp. 0.22% 135,929 $19.7M Reduce -4.1%
UNH Unitedhealth Group Inc. 0.21% 37,613 $19.0M Reduce -0.9%
AGG iShares Core U.S. Aggregate 0.21% 192,007 $18.6M Reduce -2.3%
ADBE Adobe Inc. 0.21% 41,002 $18.2M Add +110.1%
EOG EOG Resources Inc. 0.20% 141,981 $17.4M Reduce -6.4%
XOM Exxon Mobil Corp. 0.20% 160,838 $17.3M Reduce -4.6%
HSY The Hershey Co. 0.19% 98,690 $16.7M Reduce -3.0%
TEL Te Connectivity PLC 0.19% 116,845 $16.7M Add +44.3%
FAST Fastenal Co. 0.18% 225,521 $16.2M Reduce -48.6%
LIN Linde PLC 0.18% 38,352 $16.1M Reduce -1.3%
IQLT iShares MSCI International Q 0.18% 423,358 $15.7M Add +2.2%
ABBV Abbvie Inc. 0.17% 84,227 $15.0M Reduce -7.2%
ASML ASML Holding NV-NY Reg SHS 0.17% 21,296 $14.8M Add +345.5%
KBE SS SPDR S&P Bank ETF 0.16% 260,368 $14.4M New
TFLO iShares Treasury Floating Ra 0.16% 283,868 $14.3M Reduce -55.7%
BAC Bank of America Corp. filed as BANK AMERICA CORP 0.16% 317,607 $14.0M Reduce -4.8%
QCOM Qualcomm Inc. 0.16% 89,805 $13.8M Reduce -1.4%
ROK Rockwell Automation Inc. 0.15% 47,812 $13.7M New
PYPL PayPal Holdings Inc. 0.15% 157,300 $13.4M Add +3.3%
VV Vngrd Mrgstr LRG-Cap ETF-Usd 0.15% 49,354 $13.3M Add +7.9%
APD Air Products & Chemicals Inc. 0.14% 43,473 $12.6M Reduce -3.2%
MTDR Matador Resources Co. 0.14% 221,000 $12.4M Add +12.8%
SPTS SS SPDR P St Term TSY ETF 0.14% 424,210 $12.3M Reduce -29.8%
ECL Ecolab Inc. 0.13% 51,018 $12.0M Reduce -0.1%
XLE SS Energy Select Sector 0.13% 137,780 $11.8M Reduce -36.7%
VEU Vanguard Ftse All-World Ex-U 0.13% 199,205 $11.4M Add +5.0%
EFX Equifax Inc. 0.13% 44,753 $11.4M Add +0.1%
RIG Transocean Ltd. 0.13% 2,975,000 $11.2M Add +7.2%
CMI Cummins Inc. 0.12% 31,062 $10.8M Reduce -4.8%
SPHY SS SPDR P High Yield ETF 0.12% 446,102 $10.5M New
SUM Summit Materials Inc. Class A 0.12% 205,995 $10.4M No change
MCD McDonald's Corp. 0.12% 35,220 $10.2M Reduce -20.6%
AES AES Corp. 0.12% 793,000 $10.2M Add +8.9%
PG The Procter & Gamble Co. 0.11% 60,507 $10.1M Reduce -4.7%
VGK Vanguard Ftse Europe ETF 0.11% 156,918 $10.0M Reduce -52.0%
XSHQ Invesco S&P Smallcap Quality 0.11% 234,561 $9.9M New
B Barrick Gold Corp. 0.11% 629,500 $9.8M No change
STZ Constellation Brands Inc. Class A 0.11% 43,400 $9.6M No change
PAYX Paychex Inc. 0.11% 68,126 $9.6M Reduce -3.3%
CL Colgate-Palmolive Co. 0.11% 104,266 $9.5M Reduce -4.5%
UPS United Parcel Service Class B 0.10% 72,280 $9.1M Reduce -28.0%
MLPA Global X MLP ETF 0.10% 180,931 $8.9M Add +6.1%
VIG Vanguard Dividend Apprec ETF 0.10% 44,126 $8.6M Reduce -52.5%
CAT Caterpillar Inc. 0.10% 23,476 $8.5M Reduce -5.2%
APA Apa Corp. 0.09% 358,700 $8.3M Reduce -10.3%
ADM Archer-Daniels-Midland Co. 0.09% 162,900 $8.2M Reduce -8.2%
CNM Core & Main Inc. Class A 0.09% 160,078 $8.1M No change
EHC Encompass Health Corp. 0.09% 87,907 $8.1M Reduce -10.1%
JAAA Janus Henderson Aaa Clo ETF 0.09% 151,773 $7.7M New
NTRS Northern Trust Corp. 0.08% 73,265 $7.5M Reduce -5.6%
SMPL The Simply Good Foods Co. 0.08% 184,809 $7.2M Add +7.6%
AMD Advanced Micro Devices 0.08% 58,687 $7.1M New
OSW Onespaworld Holdings Ltd. 0.08% 352,297 $7.0M Reduce -35.6%
HQY Healthequity Inc. 0.08% 70,155 $6.7M Add +5.6%
SMG Scotts Miracle-Gro Co. 0.07% 96,461 $6.4M Add +19.0%
WSC Willscot Holdings Corp. 0.07% 189,619 $6.3M Add +12.5%
CCOI Cogent Communications Holdin 0.07% 82,163 $6.3M Reduce -24.0%
BOX Box Inc. Class A 0.07% 198,815 $6.3M Reduce -7.8%
CVS CVS Health Corp. 0.07% 138,850 $6.2M No change
VRTX Vertex Pharmaceuticals Inc. 0.07% 14,522 $5.8M Add +0.1%
SHAK Shake Shack Inc. Class A 0.07% 44,901 $5.8M Reduce -9.2%
VCSH Vanguard S/T Corp. Bond ETF 0.06% 71,599 $5.6M Reduce -1.7%
AXS Axis Capital Holdings Ltd. 0.06% 62,435 $5.5M No change
INTU Intuit Inc. 0.06% 8,539 $5.4M Reduce -2.0%
PFE Pfizer Inc. 0.06% 202,029 $5.4M Reduce -0.6%
PRMB Primo Brands Corp. 0.06% 171,234 $5.3M No change
POWI Power Integrations Inc. 0.06% 84,436 $5.2M Add +16.3%
CFLT Confluent Inc. Class A 0.06% 182,987 $5.1M No change
SPTL SS SPDR PF LNG TRM TSY E-Usd 0.06% 194,270 $5.1M Reduce -2.4%
HEZU iShares Currency Hedged MSCI 0.06% 141,577 $5.1M Reduce -2.5%
HPE Hewlett Packard Enterprise 0.05% 225,613 $4.8M Add +203.9%
HDB HDFC Bank Ltd.-ADR 0.05% 75,341 $4.8M Reduce -13.1%
FORM Formfactor Inc. 0.05% 105,606 $4.6M Add +26.7%
UCON First Trust Smith Unconstrai 0.05% 188,108 $4.6M Reduce -2.5%
ENTG Entegris Inc. 0.05% 46,577 $4.6M No change
REGN Regeneron Pharmaceuticals 0.05% 6,445 $4.6M Reduce -1.7%
WK Workiva Inc. 0.05% 41,787 $4.6M Add +46.5%
HAYW Hayward Holdings Inc. 0.05% 295,195 $4.5M No change
ITW Illinois Tool Works 0.05% 17,327 $4.4M Reduce -5.2%
TCBI Texas Capital Bancshares Inc. 0.05% 56,113 $4.4M Reduce -1.7%
GMED Globus Medical Inc. Class A 0.05% 51,330 $4.2M Add +33.5%
TSM Taiwan Semiconductor-SP ADR 0.05% 21,236 $4.2M Reduce -11.7%
IVV iShares Core S&P 500 ETF 0.05% 7,101 $4.2M Reduce -2.1%
OPCH Option Care Health Inc. 0.05% 178,236 $4.1M Add +59.1%
CHRD Chord Energy Corp. 0.05% 35,094 $4.1M Add +53.2%
WAL Western Alliance Bancorp 0.04% 47,526 $4.0M Add +18.1%
CIEN Ciena Corp. 0.04% 46,537 $3.9M Reduce -77.2%
SCHD Schwab US DVD Equity ETF 0.04% 142,530 $3.9M No change
CR Crane Co. 0.04% 25,621 $3.9M Reduce -35.7%
EPC Edgewell Personal Care Co. 0.04% 115,056 $3.9M No change
GWW WW Grainger Inc. filed as GRAINGER W W INC 0.04% 3,642 $3.8M Reduce -30.2%
DRS Leonardo DRS Inc. 0.04% 117,318 $3.8M Reduce -22.7%
CTS CTS Corp. 0.04% 71,823 $3.8M Reduce -13.2%
BABA Alibaba Group Holding-SP ADR 0.04% 44,641 $3.8M Reduce -9.0%
JWN Nordstrom Inc. 0.04% 156,000 $3.8M Reduce -51.9%
SPYM Ste STR SPDR PT S&P 500 ETF 0.04% 54,221 $3.7M Add +23.7%
CVLT Commvault Systems Inc. 0.04% 23,933 $3.6M Reduce -20.8%
RVLV Revolve Group Inc. Class A 0.04% 107,686 $3.6M Reduce -21.0%
HAIN Hain Celestial Group Inc. 0.04% 582,645 $3.6M Add +38.8%
SAIA Saia Inc. 0.04% 7,573 $3.5M Add +33.9%
TCEHY Tencent Holdings Ltd.-Uns ADR 0.04% 63,794 $3.4M Reduce -9.6%
FCX Freeport-McMoran Inc. 0.04% 88,983 $3.4M Reduce -5.8%
CXT Crane NXT Co. 0.04% 58,098 $3.4M No change
DTEGY Deutsche Telekom AG-Spon ADR 0.04% 113,147 $3.4M Reduce -29.1%
AZN Astrazeneca PLC-Spons ADR 0.04% 50,789 $3.3M Reduce -6.8%
OLN Olin Corp. 0.04% 98,170 $3.3M Add +11.3%
BBJP JPMorgan Betabuilders Japan 0.04% 60,232 $3.3M Reduce -6.0%
NVDA Nvidia Corp. 0.04% 23,741 $3.2M No change
BWIN Baldwin Insurance Group Inc./ filed as THE BALDWIN INSURANCE GRP IN 0.04% 81,541 $3.2M Add +10.0%
CCJ Cameco Corp. 0.04% 60,932 $3.1M Reduce -20.3%
INFY Infosys Ltd.-SP ADR 0.03% 140,495 $3.1M Reduce -11.5%
GOOGL Alphabet Inc. Class A 0.03% 16,102 $3.0M Reduce -0.4%
WMMVY Walmart DE Mexico-Spon ADR V 0.03% 115,129 $3.0M Add +1.8%
CYBR Cyberark Software Ltd./Israel 0.03% 9,081 $3.0M Reduce -14.1%
OLLI Ollie's Bargain Outlet Holdi 0.03% 26,807 $2.9M Reduce -16.7%
EADSY Airbus SE - Unsp ADR 0.03% 73,591 $2.9M Reduce -14.6%
WFC Wells Fargo & Co. 0.03% 41,587 $2.9M Reduce -53.6%
KRYAY Kerry Group PLC-Spons ADR 0.03% 28,769 $2.9M Reduce -10.8%
VUG Vanguard Mrngstar GR ETF-Sui 0.03% 6,894 $2.8M Add +18.2%
DQJCY Pan Pacific Intern-Unsp ADR 0.03% 102,111 $2.8M Reduce -18.7%
HEDJ Wisdomtree Europe Hedged Equ 0.03% 63,216 $2.8M No change
MRK Merck & Co. Inc. 0.03% 27,684 $2.8M Reduce -6.4%
SPMD SS SPDR P S&P 400 Midcap ETF 0.03% 48,222 $2.6M New
IRM Iron Mountain Inc. filed as IRON MTN INC DEL 0.03% 24,369 $2.6M No change
VFC VF Corp. 0.03% 118,327 $2.5M New
SAP Sap SE-Sponsored ADR 0.03% 10,194 $2.5M Reduce -26.9%
KN Knowles Corp. 0.03% 124,841 $2.5M New
SONY Sony Group Corp. - SP ADR 0.03% 116,706 $2.5M Reduce -19.2%
CP Canadian Pacific Kansas City 0.03% 34,118 $2.5M Add +3.3%
ADDYY Adidas AG-Sponsored ADR 0.03% 20,010 $2.4M Reduce -20.2%
PNGAY Ping An Insurance-ADR 0.03% 205,106 $2.4M Reduce -12.8%
DLTH Duluth Holdings Inc. Class B 0.03% 762,777 $2.4M No change
LZAGY Lonza Group AG-Unspon ADR 0.03% 39,540 $2.3M Reduce -19.1%
MEDP Medpace Holdings Inc. 0.03% 6,946 $2.3M New
MWA Mueller Water Products Inc. Class A 0.03% 102,090 $2.3M No change
AAGIY Aia Group Ltd.-SP ADR 0.03% 77,552 $2.2M Reduce -25.3%
TRYIY Toray Industries-Unspon ADR 0.03% 176,054 $2.2M Reduce -35.0%
TMUS T-Mobile US Inc. 0.02% 10,000 $2.2M Reduce -64.3%
DSNKY Daiichi Sankyo Co.-Spon ADR 0.02% 80,170 $2.2M Add +5.2%
VFH Vanguard Financials ETF 0.02% 18,066 $2.1M New
ACWX iShares MSCI Acwi Ex US ETF 0.02% 40,589 $2.1M New
DSMC Distillate S/M Cash Flow ETF 0.02% 60,481 $2.1M Add +7.9%
SDY SS SPDR S&P Dividend ETF 0.02% 15,793 $2.1M No change
HUM Humana Inc. 0.02% 8,032 $2.0M Reduce -12.0%
MUFG Mitsubishi Ufj Finl-Spon ADR 0.02% 173,804 $2.0M Add +1.1%
PKW Invesco Buyback Achievers Et 0.02% 17,558 $2.0M Reduce -23.9%
META Meta Platforms Inc. Class A 0.02% 3,425 $2.0M No change
NXPI NXP Semiconductors NV 0.02% 9,645 $2.0M Add +7.5%
FMX Fomento Economico Mex-SP ADR 0.02% 23,437 $2.0M Reduce -1.7%
SIEGY Siemens AG-Spons ADR 0.02% 20,649 $2.0M Reduce -20.7%
SPGI S&P Global Inc. 0.02% 3,976 $2.0M Add +1.0%
AMGN Amgen Inc. 0.02% 7,472 $1.9M Reduce -1.6%
SCCO Southern Copper Corp. 0.02% 21,061 $1.9M Reduce -22.9%
PUK Prudential PLC-ADR 0.02% 120,277 $1.9M Reduce -4.8%
ITUB Itau Unibanco H-Spon PRF ADR 0.02% 373,870 $1.9M Reduce -13.8%
KIGRY Kion Group AG-Unsp ADR 0.02% 223,979 $1.8M Reduce -21.8%
TSRYY Treasury Wine Estates-ADR 0.02% 251,009 $1.8M Reduce -19.9%
TGT Target Corp. 0.02% 12,950 $1.8M Reduce -67.8%
MFC Manulife Financial Corp. 0.02% 55,798 $1.7M Reduce -31.3%
SXYAY Sika AG-ADR 0.02% 71,853 $1.7M Add +5.4%
RLI Rli Corp. 0.02% 10,211 $1.7M Add +632.5%
SHEL Shell PLC-ADR 0.02% 26,300 $1.6M Reduce -15.6%
RACE Ferrari NV 0.02% 3,536 $1.5M Reduce -15.1%
FNDX Schwab Fndmntl US LRG Co. ETF 0.02% 62,853 $1.5M No change
MRAAY Murata Manufactur-Unspon ADR 0.02% 183,897 $1.5M Reduce -11.4%
MKC McCormick & Co.-Non VTG SHRS 0.02% 19,099 $1.5M Add +1.9%
QUAL iShares MSCI USA Quality Fac 0.02% 8,162 $1.5M No change
LZ Legalzoomcom Inc. 0.02% 192,636 $1.4M No change
GLW Corning Inc. 0.02% 30,404 $1.4M Reduce -29.9%
NHYDY Norsk Hydro As-Spons ADR 0.02% 257,302 $1.4M Reduce -19.8%
WORLDLINE SA UNSPONSORD ADR 0.02% 326,736 $1.4M Reduce -27.9%
LVMUY LVMH Moet Hennessy-Unsp ADR 0.02% 10,535 $1.4M Reduce -19.8%
HUN Huntsman Corp. 0.02% 74,210 $1.3M No change
SHECY Shin-Etsu Chem-Unspon ADR 0.01% 77,757 $1.3M Reduce -18.6%
VFLO Victoryshares Free Cash Flow 0.01% 36,399 $1.2M Add +63.2%
TSLA Tesla Inc. 0.01% 3,067 $1.2M New
SYIEY Symrise AG-Unspon ADR 0.01% 46,326 $1.2M Reduce -0.5%
DGX Quest Diagnostics Inc. 0.01% 7,817 $1.2M Add +1.9%
ALL Allstate Corp. 0.01% 5,969 $1.2M No change
AIQUY Air Liquide-Unsponsored ADR 0.01% 35,571 $1.1M Reduce -19.2%
IXC iShares Global Energy ETF 0.01% 28,196 $1.1M Reduce -54.7%
D Dominion Energy Inc. 0.01% 19,684 $1.1M Reduce -84.2%
IWB iShares Russell 1000 ETF 0.01% 3,189 $1.0M Add +281.9%
DEO Diageo PLC-Sponsored ADR 0.01% 8,038 $1.0M Reduce -26.1%
MA Mastercard Inc. Class A 0.01% 1,934 $1.0M No change
HLMN Hillman Solutions Corp. 0.01% 102,662 $1000K Reduce -35.6%
IWF iShares Russell 1000 Growth 0.01% 2,440 $980K No change
GMAB Genmab A/S -SP ADR 0.01% 46,904 $979K Reduce -30.7%
NJDCY Nidec Corporation-Spon ADR filed as NIDEC ADR 0.01% 218,016 $972K Reduce -26.2%
AEM Agnico Eagle Mines Ltd. 0.01% 11,700 $915K Add +1.9%
GRMN Garmin Ltd. 0.01% 4,384 $904K No change
LSRCY Lasertec Corp. - ADR Unsp 0.01% 46,819 $883K Reduce -8.4%
WHR Whirlpool Corp. 0.01% 7,190 $823K New
KMX Carmax Inc. 0.01% 10,019 $819K Reduce -98.6%
SSDOY Shiseido Ltd.-Sponsored ADR 0.01% 45,853 $812K Reduce -30.9%
VB Vanguard Most SM-Cap ETF-Usd 0.01% 3,106 $746K New
TRV The Travelers Cos Inc. 0.01% 3,010 $725K Reduce -11.0%
KO The Coca-Cola Co. 0.01% 11,528 $718K Reduce -1.6%
CSCO Cisco Systems Inc. 0.01% 11,797 $698K Reduce -79.9%
GD General Dynamics Corp. 0.01% 2,642 $696K No change
WM Waste Management Inc. 0.01% 3,275 $661K No change
LUMN Lumen Technologies Inc. 0.01% 124,000 $658K No change
NSRGY Nestle SA-Spons ADR 0.01% 8,015 $655K Reduce -73.6%
AVGO Broadcom Inc. 0.01% 2,485 $576K No change
QLTY GMO U.S. Quality ETF 0.01% 16,058 $513K New
MKL Markel Group Inc. 0.01% 285 $493K No change
DFS Discover Financial Services 0.01% 2,844 $493K No change
IWR iShares Russell Mid-Cap ETF 0.01% 5,373 $475K Add +135.0%
SCHF Schwab Intl Equity ETF 0.01% 25,140 $465K New
HYG Ishr Ibx Usd Hiyld CB ETF-Ui 0.01% 5,900 $464K No change
AFL Aflac Inc. 0.01% 4,245 $439K Reduce -2.8%
BIL SS SPDR BB 1-3M T-Bill ETF 0.00% 4,371 $400K No change
IWP iShares Russell Mid-Cap Grow 0.00% 3,078 $390K Reduce -1.6%
LNT Alliant Energy Corp. 0.00% 6,431 $380K No change
GILD Gilead Sciences Inc. 0.00% 4,000 $369K No change
SHV iShares 0-1 Year Treasury Bo 0.00% 3,252 $358K Reduce -0.8%
IUSG iShares Core S&P U.S. Growth 0.00% 2,567 $358K Reduce -44.8%
ARKK ARK Innovation ETF 0.00% 6,082 $345K Reduce -9.6%
J Jacobs Solutions Inc. 0.00% 2,578 $344K No change
MBB iShares MBS ETF 0.00% 3,519 $323K No change
SOLV Solventum Corp. 0.00% 4,875 $322K No change
IEFA iShares Core MSCI Eafe ETF 0.00% 4,581 $322K No change
BX Blackstone Inc. 0.00% 1,731 $298K No change
IWO iShares Russell 2000 Growth 0.00% 1,032 $297K No change
MGEE Mge Energy Inc. 0.00% 3,138 $295K No change
ATI Ati Inc. 0.00% 5,000 $275K New
HWM Howmet Aerospace Inc. 0.00% 2,500 $273K No change
TMO Thermo Fisher Scientific Inc. 0.00% 519 $270K Reduce -3.4%
IWM iShares Russell 2000 ETF 0.00% 1,211 $268K No change
BSX Boston Scientific Corp. 0.00% 2,950 $263K No change
VWO Vanguard Ftse Emerging Marke 0.00% 5,851 $258K New
NUE Nucor Corp. 0.00% 2,161 $252K Reduce -1.8%
WMT Walmart Inc. 0.00% 2,676 $242K Reduce -15.7%
PHM Pultegroup Inc. 0.00% 2,140 $233K No change
CSX CSX Corp. 0.00% 6,888 $222K No change
NOW ServiceNow Inc. 0.00% 208 $221K New
BMY Bristol-Myers Squibb Co. 0.00% 3,768 $213K Reduce -7.4%
JCI Johnson Controls Internation 0.00% 2,700 $213K No change

Portfolio Sells Q3 2024 → Q4 2024

KMX Carmax Inc. Reduce -98.6% 0.01% −0.62
PH Parker Hannifin Corp. Reduce -23.4% 0.90% −0.26
MC Moelis & Co. Class A Reduce -25.3% 0.97% −0.23
TFLO iShares Treasury Floating Ra Reduce -55.7% 0.16% −0.20
CVRD Madison Covered Call ETF Reduce -19.8% 0.63% −0.18
ELV Elevance Health Inc. Reduce -17.4% 0.26% −0.18
FAST Fastenal Co. Reduce -48.6% 0.18% −0.17
DHR Danaher Corp. Reduce -1.9% 0.72% −0.17
ALC Alcon Inc. Reduce -0.7% 0.89% −0.16
NEM Newmont Corp. Sold out 0.00% −0.16
DLTR Dollar Tree Inc. Reduce -16.6% 1.28% −0.16
VGK Vanguard Ftse Europe ETF Reduce -52.0% 0.11% −0.15
NEE Nextera Energy Inc. Reduce -3.9% 0.57% −0.13
ADI Analog Devices Inc. Reduce -1.2% 1.26% −0.12
VIG Vanguard Dividend Apprec ETF Reduce -52.5% 0.10% −0.11
FERG Ferguson Enterprises Inc. Reduce -2.2% 0.59% −0.10
CIEN Ciena Corp. Reduce -77.2% 0.04% −0.10
DSTL Distillate US Fundamental St Reduce -6.8% 0.82% −0.09
EMR Emerson Electric Co. Sold out 0.00% −0.09
XLE SS Energy Select Sector Reduce -36.7% 0.13% −0.08
CME Cme Group Inc. Reduce -25.4% 0.28% −0.08
NKE Nike Inc. Class B Reduce -3.0% 0.37% −0.07
PGR Progressive Corp. Reduce -0.7% 1.17% −0.07
D Dominion Energy Inc. Reduce -84.2% 0.01% −0.07
LLY Eli Lilly & Co. Reduce -0.8% 0.43% −0.07
SPTS SS SPDR P St Term TSY ETF Reduce -29.8% 0.14% −0.06
PEP Pepsico Inc. Reduce -6.0% 0.31% −0.06
MDT Medtronic PLC Reduce -3.2% 0.34% −0.05
UPS United Parcel Service Class B Reduce -28.0% 0.10% −0.05
TGT Target Corp. Reduce -67.8% 0.02% −0.05
SBUX Starbucks Corp. Reduce -1.3% 0.56% −0.04
TMUS T-Mobile US Inc. Reduce -64.3% 0.02% −0.04
JWN Nordstrom Inc. Reduce -51.9% 0.04% −0.04
MCD McDonald's Corp. Reduce -20.6% 0.12% −0.04
UNH Unitedhealth Group Inc. Reduce -0.9% 0.21% −0.03
ACN Accenture PLC Class A Reduce -2.6% 1.21% −0.03
VGT Vanguard Info Tech ETF Reduce -12.7% 0.44% −0.03
HD Home Depot Inc. Reduce -3.1% 0.47% −0.03
ABBV Abbvie Inc. Reduce -7.2% 0.17% −0.03
VHT Vanguard Health Care ETF Sold out 0.00% −0.03
HSY The Hershey Co. Reduce -3.0% 0.19% −0.03
FROG Jfrog Ltd. Sold out 0.00% −0.03
CSCO Cisco Systems Inc. Reduce -79.9% 0.01% −0.03
LIN Linde PLC Reduce -1.3% 0.18% −0.03
CR Crane Co. Reduce -35.7% 0.04% −0.03
XOM Exxon Mobil Corp. Reduce -4.6% 0.20% −0.03
NSRGY Nestle SA-Spons ADR Reduce -73.6% 0.01% −0.03
ADM Archer-Daniels-Midland Co. Reduce -8.2% 0.09% −0.03
DIVL Madison Dividend Value ETF Reduce -2.1% 0.60% −0.03
BRK.B Berkshire Hathaway Inc. Class B Reduce -0.8% 1.26% −0.03

Portfolio Buys Q3 2024 → Q4 2024

CPRT Copart Inc. Add +6.3% 2.86% +0.41
ROST Ross Stores Inc. Add +12.8% 2.60% +0.31
ANET Arista Networks Inc. Add +8.9% 1.51% +0.31
PCAR Paccar Inc. Add +5.3% 2.87% +0.29
APH Amphenol Corp. Class A Add +9.4% 1.78% +0.26
FWONK Liberty Media Corp. Class C Add +15.2% 0.88% +0.24
BAM Brookfield Asset Mgmt-A Add +9.9% 1.06% +0.22
BRO Brown & Brown Inc. Add +11.9% 2.23% +0.21
LAD Lithia Motors Inc. Add +10.8% 1.03% +0.21
MCHP Microchip Technology Inc. Add +81.3% 0.89% +0.20
CDW CDW Corp. Add +49.8% 1.48% +0.20
MDY State Street SPDR S&P Midcap Add +174.7% 0.26% +0.16
KBE SS SPDR S&P Bank ETF New 0.16% +0.16
TDY Teledyne Technologies Inc. Add +10.3% 1.07% +0.16
ROK Rockwell Automation Inc. New 0.15% +0.15
LH Labcorp Holdings Inc. Add +8.9% 1.39% +0.15
WAT Waters Corp. Add +9.4% 1.18% +0.14
CFR Cullen/Frost Bankers Inc. Add +9.3% 0.52% +0.13
ASML ASML Holding NV-NY Reg SHS Add +345.5% 0.17% +0.12
MKSI MKS Inc. Add +16.6% 1.10% +0.12
WRB WR Berkley Corp. Add +8.3% 1.11% +0.12
AWI Armstrong World Industries Add +7.7% 0.85% +0.12
SPHY SS SPDR P High Yield ETF New 0.12% +0.12
QLTA iShares Aaa - A Rated Corpor Add +51.4% 0.38% +0.12
XSHQ Invesco S&P Smallcap Quality New 0.11% +0.11
IT Gartner Inc. Add +8.5% 2.76% +0.11
ABG Asbury Automotive Group Add +10.6% 0.93% +0.11
ADBE Adobe Inc. Add +110.1% 0.21% +0.09
GBCI Glacier Bancorp Inc. Add +9.2% 0.54% +0.09
JAAA Janus Henderson Aaa Clo ETF New 0.09% +0.09
AMD Advanced Micro Devices New 0.08% +0.08
IJR iShares Core S&P Small-Cap E Add +35.2% 0.24% +0.06
TEL Te Connectivity PLC Add +44.3% 0.19% +0.05
SPY SS SPDR S&P 500 ETF Trust-US Add +11.8% 0.37% +0.05
HPE Hewlett Packard Enterprise Add +203.9% 0.05% +0.04
LBRDK Liberty Broadband-C Add +5.8% 1.38% +0.04
MTDR Matador Resources Co. Add +12.8% 0.14% +0.03
JNJ Johnson & Johnson Add +22.7% 0.33% +0.03
SPMD SS SPDR P S&P 400 Midcap ETF New 0.03% +0.03
EEMA iShares MSCI Emerg MRKT Asia Add +18.7% 0.36% +0.03
VFC VF Corp. New 0.03% +0.03
KN Knowles Corp. New 0.03% +0.03
WK Workiva Inc. Add +46.5% 0.05% +0.03
MEDP Medpace Holdings Inc. New 0.03% +0.03
GGG Graco Inc. Add +10.1% 0.43% +0.03
VFH Vanguard Financials ETF New 0.02% +0.02
ACWX iShares MSCI Acwi Ex US ETF New 0.02% +0.02
AMT American Tower Corp. Add +35.9% 0.33% +0.02
KEYS Keysight Technologies Inc. Add +0.6% 0.99% +0.02
MSTI Madison SHRT TRM STR Inc. ETF Add +4.2% 0.71% +0.02

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 347$8.4BACGL, GOOG, APH, ROST, PCAR
Q1 2026 349$8.1BACGL, ROST, PCAR, GOOG, APH
Q4 2025 341$8.7BACGL, ROST, PCAR, GOOG, APH
Q3 2025 336$9.1BACGL, APH, ROST, PCAR, CDW
Q2 2025 338$9.3BACGL, IT, APH, PCAR, CDW
Q1 2025 349$9.0BACGL, CPRT, BRO, PCAR, IT
Q4 2024 335$8.9BACGL, GOOG, PCAR, CPRT, IT
Q3 2024 328$8.9BACGL, IT, PCAR, GOOG, CPRT
Q2 2024 326$8.1BACGL, GOOG, PCAR, CPRT, IT
Q1 2024 330$8.1BACGL, PCAR, GOOG, CPRT, DLTR