Madison Wealth Management 13F annual report
Madison Wealth Management is an investment fund managing more than $476 billion ran by Michelle Mccarthy. There are currently 118 companies in Mrs. Mccarthy’s portfolio. The largest investments include Microsoft and Apple Inc, together worth $50.6 billion.
$476 billion Assets Under Management (AUM)
As of 31st October 2023, Madison Wealth Management’s top holding is 87,269 shares of Microsoft currently worth over $27.6 billion and making up 5.8% of the portfolio value.
Relative to the number of outstanding shares of Microsoft, Madison Wealth Management owns more than approximately 0.1% of the company.
In addition, the fund holds 134,655 shares of Apple Inc worth $23.1 billion, whose value fell approximately 0.1% in the past six months.
The third-largest holding is Wisdomtree Tr worth $22.4 billion and the next is Alphabet Inc worth $27.4 billion, with 207,976 shares owned.
Currently, Madison Wealth Management's portfolio is worth at least $476 billion. The total portfolio value may be much higher due to cash
assets that are not publicly disclosed such as fixed income, real estate, or cash equivalents.
Careers at Madison Wealth Management
The Madison Wealth Management office and employees reside in Cincinnati, Ohio. According to the last 13-F report filed with the SEC, Michelle Mccarthy serves as the Compliance Officer at Madison Wealth Management.
Recent trades
In the most recent 13F filing, Madison Wealth Management revealed that it had opened a new position in
Linde Plc and bought 7,819 shares worth $2.91 billion.
This means they effectively own approximately 0.1% of the company.
Linde Plc makes up
36.0%
of the fund's Materials sector allocation and has grown its share price by 25.4% in the past year.
The investment fund also strengthened its position in Wisdomtree Tr by buying
14,886 additional shares.
This makes their stake in Wisdomtree Tr total 445,722 shares worth $22.4 billion.
On the other hand, there are companies that Madison Wealth Management is getting rid of from its portfolio.
Madison Wealth Management closed its position in CVS Health Corp on 7th November 2023.
It sold the previously owned 58,547 shares for $4.05 billion.
Michelle Mccarthy also disclosed a decreased stake in Microsoft by approximately 0.1%.
This leaves the value of the investment at $27.6 billion and 87,269 shares.
One of the average hedge funds
The two most similar investment funds to Madison Wealth Management are Mcilrath & Eck and Navellier & Associates Inc. They manage $476 billion and $475 billion respectively.
Michelle Mccarthy investment strategy
Madison Wealth Management’s portfolio is diversified across 11 sectors.
Currently, their heaviest sector is Technology — making up 15.9% of
the total portfolio value.
The fund focuses on investments in the United States as
41.5% of the portfolio companies
are based in the United States.
The majority of the companies in the fund’s portfolio are large-cap stocks.
Stocks with a size of more than $10 billion in market cap make up
42% of the total holdings value.
On the other hand, small-cap stocks make up only approximately 0.1% of the portfolio.
The average market cap of the portfolio companies is close to $240 billion.
The complete list of Madison Wealth Management trades based on 13F SEC filings
These positions were updated on November 7th based on the fund’s latest 13F filing. Quickly find out what the most recently closed or increased positions are.
| Security | Shares Owned | Value | Allocation |
|---|---|---|---|
| Microsoft Corporation |
3.75%
87,269
|
$27,555,179,000 | 5.79% |
| Apple Inc |
0.26%
134,655
|
$23,054,298,000 | 4.85% |
| Wisdomtree Tr |
3.46%
445,722
|
$22,428,713,000 | 4.71% |
| Alphabet Inc |
0.18%
207,976
|
$27,357,220,000 | 5.75% |
| Berkshire Hathaway Inc. |
0.09%
53,472
|
$18,731,242,000 | 3.94% |
| Vanguard Index Fds |
4.48%
140,092
|
$31,632,497,000 | 6.65% |
| Cbre Group Inc |
0.26%
137,406
|
$10,148,808,000 | 2.13% |
| Schwab Strategic Tr |
4.48%
814,898
|
$32,147,436,000 | 6.76% |
| Brookfield Corp |
17.22%
255,858
|
$8,000,680,000 | 1.68% |
| Brookfield Asset Managmt Ltd |
0.05%
229,898
|
$7,664,791,000 | 1.61% |
| Lowes Cos Inc |
1.01%
35,164
|
$7,308,580,000 | 1.54% |
| Mastercard Incorporated |
7.45%
18,339
|
$7,260,594,000 | 1.53% |
| Unitedhealth Group Inc |
0.44%
13,938
|
$7,027,157,000 | 1.48% |
| Exxon Mobil Corp. |
1.11%
59,637
|
$7,012,060,000 | 1.47% |
| Amazon.com Inc. |
2.13%
53,056
|
$6,744,479,000 | 1.42% |
| Schwab Charles Corp |
0.32%
114,734
|
$6,298,882,000 | 1.32% |
| Vanguard Bd Index Fds |
3.72%
126,555
|
$6,225,241,000 | 1.31% |
| Chevron Corp. |
1.63%
36,506
|
$6,155,697,000 | 1.29% |
| Brookfield Infrast Partners |
8.47%
204,664
|
$6,017,122,000 | 1.26% |
| Gartner, Inc. |
0.60%
17,148
|
$5,892,225,000 | 1.24% |
| Vanguard Tax-managed Fds |
1.78%
128,916
|
$5,636,194,000 | 1.18% |
| Intuitive Surgical Inc |
0.58%
18,870
|
$5,515,513,000 | 1.16% |
| Nike, Inc. |
1.10%
57,551
|
$5,503,061,000 | 1.16% |
| Procter And Gamble Co |
2.15%
37,127
|
$5,415,351,000 | 1.14% |
| Tjx Cos Inc New |
0.15%
59,836
|
$5,318,211,000 | 1.12% |
| Walmart Inc |
161.99%
31,551
|
$5,045,896,000 | 1.06% |
| Stryker Corp. |
0.65%
17,159
|
$4,688,916,000 | 0.99% |
| Visa Inc |
0.41%
20,109
|
$4,625,216,000 | 0.97% |
| CME Group Inc |
0.51%
22,106
|
$4,426,088,000 | 0.93% |
| Capital Group Gbl Growth Eqt |
8.67%
192,103
|
$4,403,002,000 | 0.93% |
| Verisk Analytics Inc |
0.06%
18,329
|
$4,330,080,000 | 0.91% |
| Sp Global Inc |
1.21%
11,115
|
$4,061,518,000 | 0.85% |
| CVS Health Corp |
Closed
58,547
|
$4,047,383,000 | |
| Thermo Fisher Scientific Inc. |
0.63%
7,570
|
$3,831,506,000 | 0.81% |
| Vanguard Intl Equity Index F |
1.13%
100,521
|
$6,359,487,000 | 1.34% |
| Comcast Corp New |
0.11%
82,287
|
$3,648,595,000 | 0.77% |
| Intuit Inc |
0.40%
6,780
|
$3,464,037,000 | 0.73% |
| United Parcel Service, Inc. |
1.34%
22,183
|
$3,457,593,000 | 0.73% |
| Oracle Corp. |
0.20%
32,626
|
$3,455,766,000 | 0.73% |
| Costco Whsl Corp New |
2.10%
6,015
|
$3,398,029,000 | 0.71% |
| Fiserv, Inc. |
4.52%
30,080
|
$3,397,837,000 | 0.71% |
| Autodesk Inc. |
2.23%
16,360
|
$3,385,048,000 | 0.71% |
| Republic Svcs Inc |
5.67%
23,681
|
$3,374,780,000 | 0.71% |
| Ishares Tr |
4.20%
90,092
|
$11,012,296,000 | 2.31% |
| Vanguard World Fds |
1.62%
10,149
|
$3,746,038,000 | 0.79% |
| Becton Dickinson Co |
0.63%
11,292
|
$2,919,229,000 | 0.61% |
| Linde Plc. |
Opened
7,819
|
$2,911,405,000 | 0.61% |
| Spdr Sp 500 Etf Tr |
1.50%
6,517
|
$2,785,885,000 | 0.59% |
| Johnson Johnson |
1.37%
17,522
|
$2,729,129,000 | 0.57% |
| Ecolab, Inc. |
Opened
15,925
|
$2,697,695,000 | 0.57% |
| Taiwan Semiconductor Mfg Ltd |
1.46%
30,938
|
$2,688,513,000 | 0.57% |
| Danaher Corp. |
2.22%
10,592
|
$2,627,807,000 | 0.55% |
| Aon plc. |
0.52%
7,865
|
$2,549,991,000 | 0.54% |
| Ball Corp. |
2.03%
49,835
|
$2,480,799,000 | 0.52% |
| L3Harris Technologies Inc |
4.08%
14,217
|
$2,475,517,000 | 0.52% |
| Elevance Health Inc |
7.80%
5,678
|
$2,472,315,000 | 0.52% |
| Accenture Plc Ireland |
3.77%
7,631
|
$2,343,557,000 | 0.49% |
| Regeneron Pharmaceuticals, Inc. |
No change
2,822
|
$2,322,394,000 | 0.49% |
| Eog Res Inc |
No change
17,980
|
$2,279,145,000 | 0.48% |
| Blue Owl Capital Inc |
137.57%
175,800
|
$2,278,368,000 | 0.48% |
| Pepsico Inc |
2.71%
13,364
|
$2,264,367,000 | 0.48% |
| Bank America Corp |
30.62%
80,293
|
$2,198,423,000 | 0.46% |
| Disney Walt Co |
52.08%
27,010
|
$2,189,138,000 | 0.46% |
| Howard Hughes Corporation |
Closed
27,003
|
$2,131,077,000 | |
| American Express Co. |
1.26%
13,222
|
$1,972,657,000 | 0.41% |
| Energy Transfer L P |
0.06%
129,410
|
$1,815,623,000 | 0.38% |
| Capital Group Growth Etf |
41.63%
73,729
|
$1,806,357,000 | 0.38% |
| Enterprise Prods Partners L |
0.06%
65,787
|
$1,800,591,000 | 0.38% |
| Simon Ppty Group Inc New |
No change
15,720
|
$1,698,232,000 | 0.36% |
| AMGEN Inc. |
0.11%
6,256
|
$1,681,280,000 | 0.35% |
| Lennar Corp. |
0.50%
15,978
|
$1,633,431,000 | 0.34% |
| Fs Kkr Cap Corp |
19.71%
80,900
|
$1,592,921,000 | 0.33% |
| Merck Co Inc |
3.97%
14,714
|
$1,514,838,000 | 0.32% |
| PayPal Holdings Inc |
50.44%
24,870
|
$1,453,901,000 | 0.31% |
| Toll Brothers Inc. |
Opened
19,492
|
$1,441,629,000 | 0.30% |
| American Tower Corp. |
2.08%
8,736
|
$1,436,667,000 | 0.30% |
| Lam Research Corp. |
1.40%
2,247
|
$1,408,272,000 | 0.30% |
| Blue Owl Capital Corporation |
53.02%
102,594
|
$1,359,470,000 | 0.29% |
| Pfizer Inc. |
4.66%
40,160
|
$1,332,117,000 | 0.28% |
| Occidental Pete Corp |
No change
18,200
|
$1,180,816,000 | 0.25% |
| Us Bancorp Del |
2.43%
34,347
|
$1,135,505,000 | 0.24% |
| Vici Pptys Inc |
2.02%
35,300
|
$1,027,230,000 | 0.22% |
| Apollo Global Mgmt Inc |
234.79%
11,048
|
$991,669,000 | 0.21% |
| NextEra Energy Partners LP |
Closed
16,540
|
$969,906,000 | |
| Wp Carey Inc |
Closed
14,000
|
$945,840,000 | |
| Markel Group Inc |
3.73%
619
|
$911,472,000 | 0.19% |
| Vanguard Whitehall Fds |
0.01%
8,656
|
$894,292,000 | 0.19% |
| Blackstone Secd Lending Fd |
0.19%
32,225
|
$881,676,000 | 0.19% |
| Standex Intl Corp |
Opened
5,900
|
$859,571,000 | 0.18% |
| Cisco Sys Inc |
1.62%
15,473
|
$831,847,000 | 0.17% |
| Medtronic Plc |
Closed
9,256
|
$815,454,000 | |
| J P Morgan Exchange Traded F |
32.48%
17,538
|
$795,524,000 | 0.17% |
| RTX Corp |
4.40%
10,997
|
$791,458,000 | 0.17% |
| Vanguard Specialized Funds |
0.77%
4,556
|
$707,940,000 | 0.15% |
| Brookfield Renewable Corporation |
Closed
21,000
|
$661,920,000 | |
| Wells Fargo Co New |
1.81%
13,432
|
$548,835,000 | 0.12% |
| Fastenal Co. |
Closed
8,519
|
$502,554,000 | |
| Dominion Energy Inc |
No change
10,255
|
$458,091,000 | 0.10% |
| Home Depot, Inc. |
No change
1,483
|
$448,155,000 | 0.09% |
| Liberty Broadband Corp |
2.99%
4,708
|
$429,935,000 | 0.09% |
| Infosys Ltd |
69.76%
24,350
|
$416,629,000 | 0.09% |
| Charter Communications Inc N |
No change
942
|
$414,311,000 | 0.09% |
| Price T Rowe Group Inc |
21.53%
3,915
|
$410,571,000 | 0.09% |
| Abbvie Inc |
2.31%
2,745
|
$409,170,000 | 0.09% |
| NVIDIA Corp |
No change
938
|
$408,021,000 | 0.09% |
| Select Sector Spdr Tr |
No change
2,474
|
$405,563,000 | 0.09% |
| Fedex Corp |
No change
1,416
|
$375,127,000 | 0.08% |
| Invesco Exchange Traded Fd T |
400.00%
10,775
|
$342,861,000 | 0.07% |
| Ishares Tr |
Opened
10,745
|
$323,962,000 | 0.07% |
| Jpmorgan Chase Co |
3.80%
2,202
|
$319,355,000 | 0.07% |
| Ishares Inc |
2.94%
6,486
|
$308,669,000 | 0.06% |
| Marriott Intl Inc New |
No change
1,514
|
$297,592,000 | 0.06% |
| Kroger Co. |
1.68%
6,467
|
$289,399,000 | 0.06% |
| General Electric Co. |
No change
2,607
|
$288,204,000 | 0.06% |
| Cion Invt Corp |
35.08%
26,070
|
$275,560,000 | 0.06% |
| Abbott Labs |
0.72%
2,777
|
$268,985,000 | 0.06% |
| Mcdonalds Corp |
8.00%
966
|
$254,518,000 | 0.05% |
| Cincinnati Finl Corp |
0.51%
2,322
|
$237,518,000 | 0.05% |
| Brookfield Infrastructure Corporation |
1.01%
6,584
|
$232,679,000 | 0.05% |
| Coca-Cola Co |
No change
4,027
|
$225,444,000 | 0.05% |
| John Marshall Bancorp Inc |
No change
12,542
|
$223,875,000 | 0.05% |
| Truist Finl Corp |
No change
7,616
|
$217,894,000 | 0.05% |
| Cintas Corporation |
No change
450
|
$216,455,000 | 0.05% |
| Canadian Natl Ry Co |
No change
1,989
|
$215,469,000 | 0.05% |
| Phibro Animal Health Corp. |
Opened
15,987
|
$204,154,000 | 0.04% |
| Starbucks Corp. |
Closed
2,055
|
$203,571,000 | |
| No transactions found | |||
| Showing first 500 out of 126 holdings | |||
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