Madison Investments
Madison Large Cap Fund
Large-cap
Jun 2025 → Jun 2025
Our archive holds 1 letter from this strategy, behind 3 investment theses and positions in 13 companies. Every quote below is copied verbatim from the letter it came from.
1 letter in a year · follow all of Madison Investments for every strategy.
What it bought and sold
We initiated positions in Airbnb, CDW Corporation and Gartner and sold Berkshire Hathaway.
As we’ll discuss later, we decided to sell our investment in Berkshire Hathaway, so its positive contribution towards performance was a result of our sale of the holding prior to the share price decline in the quarter.
We initiated positions in Airbnb, CDW Corporation and Gartner and sold Berkshire Hathaway.
We initiated positions in Airbnb, CDW Corporation and Gartner and sold Berkshire Hathaway.
Also held
Its investment theses
- AirbnbJun 2025Airbnb is a leading player in the alternative accommodation market with strong growth potential, an excellent balance sheet, and an attractive investment opportunity due to recent share price declines.
- CDW CorporationJun 2025CDW Corporation is a resilient value-added reseller of IT products poised for continued market share growth despite potential tariff impacts on hardware prices.
- GartnerJun 2025Gartner is an attractive investment due to its strong business model, competitive advantage, excellent long-term growth outlook, and currently depressed valuation despite recent underperformance.