Madison Asset Management, LLC's Q4 2022 vs. Q1 2023 Holdings: Winners and Losers

Madison Asset Management, LLC recently released their 13F holdings comparison for Q4 2022 vs. Q1 2023. The report shows how the company's holdings have changed over the past quarter, revealing some clear winners and losers in the portfolio.

Overall, Madison Asset Management's holdings decreased by about 2% in terms of shares and a little over 3% in value. However, some individual holdings saw much more significant gains or losses. Here's a look at some of the biggest winners and losers in Madison Asset Management's Q4 2022 vs. Q1 2023 holdings.

Winners:

- NEE (NextEra Energy Inc): Madison Asset Management's shares in this company increased by a whopping 213.8%, with a value increase of over 200%. This stock has been performing well overall, with renewable energy investments becoming more in-demand in today's market.

- ANET (Arista Networks Inc): ANET saw a 37.2% increase in shares held by Madison Asset Management, with a value increase of over 35%. This cloud networking solutions provider has been growing in popularity and market share recently.

- AMZN (Amazon.com Inc): Amazon's shares held by Madison Asset Management increased by over 34%, with a value increase of more than 34%. Amazon has been a reliable performer in recent years, and the pandemic only intensified demand for the ecommerce giant's services.

- PCAR (PACCAR Inc): PCAR saw an increase in shares held by Madison Asset Management of 42.5%, with a value increase of over 42%. This company designs and manufactures commercial vehicles and has seen increased demand as supply chain issues have led to a shortage of goods.

Losers:

- SPY (SPDR S&P 500 ETF Trust): Madison Asset Management's shares in this ETF decreased by over 12%, with a value decrease of more than 12%. It's worth noting that the overall S&P 500 index has still been performing well, but it's possible that Madison Asset Management made the decision to divest from this ETF in favor of individual stocks.

- ROST (Ross Stores Inc): Ross Stores saw a 9.2% decrease in shares held by Madison Asset Management, with a value decrease of over 9%. This discount retailer has faced challenges as consumers have shifted more towards online shopping during the pandemic.

- VGT (Vanguard Information Technology ETF): Vanguard's Information Technology ETF saw a decrease in shares held by Madison Asset Management of 29.1%, with a value decrease of over 29%. Again, it's possible that Madison Asset Management decided to divest from this ETF in favor of individual tech stocks.

It's worth noting that these changes in holding are just one piece of the puzzle when it comes to evaluating a company's investment strategy. However, they can offer insight into the thinking behind investment decisions and into the current state of certain companies and sectors. As always, it's important to do your own research when considering any potential investment.