MI
Madison Investment Advisors, LLC Historical SEC 13F Holdings & Archive (Q4 2024)
Madison Investment Advisors, LLCCIK: 0001507115
Diversified strategyLong-term holderQuality / disciplined sizing
Total reported value
$8.9B
Reporting period: 2024-12-31 · Number of holdings: 335
Madison Investment Advisors, LLC disclosed 335 holdings in its latest 13F filing for the period ending 2024-12-31, with total reported value of $8.9B and a quarterly turnover rate of 0.0%.
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Personality snowflake
- Concentration
- 5.3
- Portfolio Stability
- 0
- Momentum
- 50
- Sector conviction
- 50.55
- Diversification
- 100
- Sizing Uniformity
- 81.43
Madison Investment Advisors, LLC's disclosed holdings carry a Herfindahl concentration index of 0.013 — mathematically equivalent to about 75 equally-sized positions, well below its 335 actual disclosed holdings. That gap points to a strategy built around a small core of high-conviction bets rather than broad diversification.
Position sizes vary widely across the portfolio (a coefficient of variation of 1.86), with a handful of outsized bets alongside many smaller positions.
No strong tilt toward either adding to existing winners or initiating outsized new positions was observed in the latest reported quarter.
Source and citation information
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Recent moves
View source Form 13F filing on SEC.govNo holding changes this quarter
Holdings Map
New buyAddUnchangedTrim
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Data Source Notice: AlphaSMO is the web's most authoritative 13F / Inside Trader database. Institutional holdings and insider trades presented here are precisely computed to deliver accurate portfolio reporting.
Top 10 holdings by weight
Full holdings list this quarter
Showing top 200 holdings (of 335 total)
| # | Ticker | Issuer | Asset Subclass | Weight | Weight Change | Shares Change | 4Q Trend |
|---|---|---|---|---|---|---|---|
| 1 | ACGL | Arch Capital Group Ltd. | Stock-Financials | 4.62% | — | — | — |
| 2 | GOOG | Alphabet Inc-cl C | Stock-Comm Services | 2.91% | — | — | — |
| 3 | PCAR | Paccar Inc | Stock-Industrials | 2.87% | — | — | — |
| 4 | CPRT | Copart Inc | Stock-Industrials | 2.86% | — | — | — |
| 5 | IT | Gartner Inc | Stock-Tech | 2.76% | — | — | — |
| 6 | ROST | Ross Stores Inc | Stock-Consumer Disc | 2.60% | — | — | — |
| 7 | BRO | Brown & Brown Inc | Stock-Financials | 2.23% | — | — | — |
| 8 | AMZN | Amazon.com Inc | Stock-Consumer Disc | 1.83% | — | — | — |
| 9 | APH | Amphenol Corp-cl A | Stock-Tech | 1.78% | — | — | — |
| 10 | CSL | Carlisle Cos Inc | Stock-Industrials | 1.67% | — | — | — |
| 11 | FISV | Fiserv Inc | Stock-Other | 1.52% | — | — | — |
| 12 | ANET | Arista Networks Inc | Stock-Tech | 1.51% | — | — | — |
| 13 | CDW | Cdw Corp/de | Stock-Tech | 1.48% | — | — | — |
| 14 | LH | Labcorp Holdings Inc | Stock-Healthcare | 1.39% | — | — | — |
| 15 | LBRDK | Liberty Broadband-c | Stock-Comm Services | 1.38% | — | — | — |
| 16 | V | Visa Inc-class A Shares | Stock-Financials | 1.34% | — | — | — |
| 17 | TXN | Texas Instruments Inc | Stock-Tech | 1.30% | — | — | — |
| 18 | DLTR | Dollar Tree Inc | Stock-Consumer Staples | 1.28% | — | — | — |
| 19 | ADI | Analog Devices Inc | Stock-Tech | 1.26% | — | — | — |
| 20 | BRK-B | Berkshire Hathaway Inc-cl B | Stock-Other | 1.26% | — | — | — |
| 21 | LOW | Lowe's Cos Inc | Stock-Consumer Disc | 1.25% | — | — | — |
| 22 | ACN | Accenture plc | Stock-Tech | 1.21% | — | — | — |
| 23 | WAT | Waters CORP | Stock-Healthcare | 1.18% | — | — | — |
| 24 | PGR | Progressive CORP | Stock-Financials | 1.17% | — | — | — |
| 25 | WRB | Wr Berkley CORP | Stock-Financials | 1.11% | — | — | — |
| 26 | FND | Floor & Decor Holdings Inc-a | Stock-Consumer Disc | 1.10% | — | — | — |
| 27 | MKSI | Mks Inc | Stock-Tech | 1.10% | — | — | — |
| 28 | USB | US Bancorp | Stock-Financials | 1.09% | — | — | — |
| 29 | THO | Thor Industries Inc | Stock-Consumer Disc | 1.08% | — | — | — |
| 30 | TDY | Teledyne Technologies Inc | Stock-Tech | 1.07% | — | — | — |
| 31 | BAM | Brookfield Asset Mgmt-a | Stock-Financials | 1.06% | — | — | — |
| 32 | A | Agilent Technologies Inc | Stock-Healthcare | 1.06% | — | — | — |
| 33 | LAD | Lithia Motors Inc | Stock-Consumer Disc | 1.03% | — | — | — |
| 34 | SPHQ | Invesco S&p 500 Quality ETF | ETF-Large Cap & Growth | 1.00% | — | — | — |
| 35 | KEYS | Keysight Technologies In | Stock-Tech | 0.99% | — | — | — |
| 36 | MC | Moelis & Co - Class A | Stock-Financials | 0.97% | — | — | — |
| 37 | ABG | Asbury Automotive Group | Stock-Consumer Disc | 0.93% | — | — | — |
| 38 | PH | Parker Hannifin CORP | Stock-Industrials | 0.90% | — | — | — |
| 39 | ALC | Alcon Inc. | Stock-Healthcare | 0.89% | — | — | — |
| 40 | MCHP | Microchip Technology Inc | Stock-Tech | 0.89% | — | — | — |
| 41 | FWONK | Liberty Media Corp-formula-c | Stock-Comm Services | 0.88% | — | — | — |
| 42 | JMBS | Janus Henderson Mortg Backed | ETF-Other | 0.85% | — | — | — |
| 43 | AWI | Armstrong World Industries | Stock-Industrials | 0.85% | — | — | — |
| 44 | DSTL | Distillate US Fundamental St | ETF-Other | 0.82% | — | — | — |
| 45 | SCHW | Schwab (charles) CORP | Stock-Financials | 0.80% | — | — | — |
| 46 | BN | Brookfield CORP | Stock-Financials | 0.79% | — | — | — |
| 47 | DHR | Danaher CORP | Stock-Healthcare | 0.72% | — | — | — |
| 48 | MSTI | Madison Shrt Trm Str Inc ETF | ETF-Other | 0.71% | — | — | — |
| 49 | MSFT | Microsoft CORP | Stock-Tech | 0.70% | — | — | — |
| 50 | TJX | Tjx Companies Inc | Stock-Consumer Disc | 0.70% | — | — | — |
1–50 of 200
Portfolio Performance
Performance for Q3 2026
+4.1%
Performance Last 4 Quarters
+14%
- Stdev
- +11.6%
- Beta
- +0.68
- Alpha
- -2.2%
- Max Drawdown
- -6.7%
- Annualized Perf
- +10.5%
- Batting Avg vs S&P
- +44.4%
- Sortino
- +1.52
- Stutzer
- +0.27
- Treynor
- +0.16
- Sterling
- +0.63
- Calmar
- +1.58
- Information Ratio
- -0.99
- Tracking Error
- +8.5%
- Stdev Down
- +7%
- Winning Months %
- +72.2%
- Losing Months %
- +27.8%
- Best 12 Months
- +18.9%
- Worst 12 Months
- +8.4%
- Efficiency Ratio
- +0.35
- Sharpe
- +0.92
- Stdev Sectors
- +8.4%
- Skewness
- -0.35
- Kurtosis
- +0.63
- Upside Potential
- +2.96
Reported value over time
Not enough data yet to compute personality scores
Sector allocation
Sector allocation over time
Not enough sector-mapped data yet
Quarterly history
Holding changes this quarter
| # | Ticker | Issuer | Weight Change | Shares Change | Action |
|---|
Filing History
FAQ
What is Madison Investment Advisors, LLC and what type of investor is it?
Madison Investment Advisors, LLC is an investment manager that files SEC Form 13F quarterly, disclosing its U.S. public equity holdings to regulators. As of the most recent reporting period (2024-12-31), the firm manages a tracked equity portfolio valued at approximately $8.9B, spread across 335 disclosed positions.
What are Madison Investment Advisors, LLC's largest equity positions?
Based on the latest 13F filing, Madison Investment Advisors, LLC's top holdings by market value are:
1. Arch Capital Group Ltd. (ACGL) — $410.0M (4.6%)
2. Alphabet Inc-cl C (GOOG) — $257.8M (2.9%)
3. Paccar Inc (PCAR) — $254.7M (2.9%)
4. Copart Inc (CPRT) — $253.7M (2.9%)
5. Gartner Inc (IT) — $244.8M (2.8%)
What changes did Madison Investment Advisors, LLC make in its most recent portfolio filing?
No notable portfolio changes were recorded for Madison Investment Advisors, LLC in the most recent quarter. Holdings appear to have remained relatively stable.
What sectors does Madison Investment Advisors, LLC focus on?
Madison Investment Advisors, LLC is concentrated in the following sectors based on its current disclosed equity portfolio:
• Financials: 23.1%
• Information Technology: 22.8%
• Industrials: 15.9%
• Consumer Discretionary: 15.0%
• Health Care: 9.5%
• Communication Services: 6.7%
Investment Profile
Madison Investment Advisors, LLC returned an annualized 10.5% over the trailing 18 months — underperforming the S&P 500 by 2.2 points — based on a reconstructed track record of its disclosed 13F positions, with a beta of 0.68 (less volatile than the market) and a 44% quarterly batting average against the index.
Its portfolio is broadly diversified and long-term-holding.
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Developer Access
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