MADISON WEALTH MANAGEMENT

CIK

1801857

Location

CINCINNATI, OH

Portfolio Value

Micro $13,274,786

Diversification

Diversified

Filing Date

Global Rank

#2,527 / 6,895 ▼ 7

Top Industry

Software - Infrastructure 10.0%

3Y Alpha vs SPY

-9.8%

Period ended 2 years ago

Filed Nov 7, 2023 · 2y

15 quarters · since Mar 2020

Clone Performance

Jun 2023–Jun 2026 · vs SPY

Hypothetical growth of cloning every reported 13F position and rebalancing on each filing, indexed to the same start.

Cloned portfolio

+38.4%

SPY

+78.1%

Annualised alpha

-9.8%

Max drawdown

−16.6%

Estimate. 13F holdings are quarter-lagged and long-only, so the clone rebalances about 45 days after each period end — when the filing becomes public — and excludes options and short positions. Past performance does not predict future results.

Portfolio Concentration

97 positions · as of Sep 30, 2023 · Δ vs Jun 30, 2023

Top Position

8.7%

−0.5 pts

Top 5

27.8%

−0.4 pts

Top 10

39.3%

−0.2 pts

HHI

278

Diversified−11

Portfolio Trend

15 quarters · across all stocks

Sector Breakdown

As of Sep 30, 2023

Sector	% Portfolio	Value	Positions
Financial Services	24.7%	$78,023,206	26
Technology	23.1%	$73,127,983	11
Healthcare	12.2%	$38,622,703	15
Consumer Cyclical	9.4%	$29,796,803	9
Energy	6.4%	$20,243,931	6
Industrials	5.1%	$16,163,691	10
Communication Services	4.6%	$14,537,639	4
Real Estate	4.5%	$14,310,903	4
Consumer Defensive	4.2%	$13,274,786	6
Utilities	2.0%	$6,475,211	2
Unclassified	2.0%	$6,183,723	2
Basic Materials	1.8%	$5,609,099	2

Last Quarter's Activity

Export CSV

Sep 30, 2023 vs Jun 30, 2023

Added To

Positions the filer increased

25 positions

Ticker	Company	Δ Shares	Shares	Value
OWL	Blue Owl Capital Inc.	+101,800	175,800	$2,278,368
WMT	Walmart Inc.	+19,508	31,551	$1,681,983
FSK	FS KKR Capital Corp	+13,320	80,900	$1,592,921
APO	Apollo Global Management, Inc.	+7,748	11,048	$991,668
CION	CION Investment Corp	+6,770	26,070	$275,559
RSG	Republic Services, Inc.	+1,271	23,681	$3,374,779
GOOGL	Alphabet Inc.	+1,230	65,067	$8,514,667
AMZN	Amazon Com Inc	+1,108	53,056	$6,744,478
VICI	Vici Properties Inc.	+700	35,300	$1,027,230
XOM	Exxon Mobil Corp	+654	59,637	$7,012,118
MRK	Merck & Co., Inc.	+562	14,714	$1,514,806
RTX	RTX Corp	+463	10,997	$791,454
TSM	Taiwan Semiconductor Manufacturing Co Ltd	+445	30,938	$2,688,512
ELV	Elevance Health, Inc.	+411	5,678	$2,472,314
SCHW	Schwab Charles Corp	+363	114,734	$6,298,896
ADSK	Autodesk, Inc.	+357	16,360	$3,385,047
LOW	Lowes Companies Inc	+353	35,164	$7,308,485
PEP	Pepsico Inc	+352	13,364	$2,264,396
ACN	Accenture plc	+277	7,631	$2,343,556
DHR	Danaher Corp /De/	+230	10,592	$2,329,676
AMT	American Tower Corp /Ma/	+178	8,736	$1,436,635
AXP	American Express Co	+165	13,222	$1,972,590
COST	Costco Wholesale Corp /New	+124	6,015	$3,398,234
BAM	Brookfield Asset Management Ltd.	+123	229,898	$7,664,799
SYK	Stryker Corp	+111	17,159	$4,689,039
No positions match the current search.

Trimmed

Positions the filer reduced

25 positions

Ticker	Company	Δ Shares	Shares	Value
OBDC	Blue Owl Capital Corp	−115,800	102,594	$1,420,926
INFY	Infosys Ltd	−56,166	24,350	$416,628
BN	BROOKFIELD Corp /ON/	−53,227	255,858	$5,333,794
BAC	Bank Of America Corp /De/	−35,441	80,293	$2,198,422
DIS	Walt Disney Co	−29,358	27,010	$2,189,160
PYPL	PayPal Holdings, Inc.	−25,312	24,870	$1,453,900
BIPH	Brookfield Infrastructure Partners L.P.	−18,940	204,664	$6,017,121
MSFT	Microsoft Corp	−3,398	87,269	$27,555,186
PFE	Pfizer Inc	−1,963	40,160	$1,332,107
MA	Mastercard Inc	−1,477	18,339	$7,260,593
FISV	Fiserv Inc	−1,425	30,080	$3,397,836
TROW	Price T Rowe Group Inc	−1,074	3,915	$410,566
BALL	BALL Corp	−1,031	49,835	$2,480,786
USB	US Bancorp De	−856	34,347	$1,135,511
PG	PROCTER & GAMBLE Co	−816	37,127	$5,415,344
NKE	NIKE, Inc.	−640	57,551	$5,503,026
LHX	L3harris Technologies, Inc. /De/	−604	14,217	$2,475,464
CVX	Chevron Corp	−604	36,506	$6,155,641
AAPL	Apple Inc.	−356	134,655	$23,054,282
CBRE	Cbre Group, Inc.	−352	137,406	$10,148,807
UPS	United Parcel Service Inc	−302	22,183	$3,457,664
CSCO	Cisco Systems, Inc.	−255	15,473	$831,828
WFC	Wells Fargo & Company/Mn	−248	13,432	$548,831
JNJ	Johnson & Johnson	−243	17,522	$2,729,051
SPGI	S&P Global Inc.	−136	11,115	$4,061,532
No positions match the current search.

New Positions

Positions the filer opened this quarter

5 positions

Ticker	Company	Shares	Value
LIN	Linde PLC	7,819	$2,911,404
ECL	Ecolab Inc.	15,925	$2,697,695
TOL	Toll Brothers, Inc.	19,492	$1,441,628
SXI	Standex International Corp/De/	5,900	$859,571
PAHC	Phibro Animal Health Corp	15,987	$204,153
No positions match the current search.

Sold Out

Positions the filer fully exited

6 positions

Ticker	Company	Shares	Value
CVS	CVS HEALTH Corp	58,547	$4,047,354
XIFR	XPLR Infrastructure, LP	16,540	$969,905
WPC	W. P. Carey Inc.	14,000	$926,385
MDT	Medtronic plc	9,256	$815,453
FAST	Fastenal Co	8,519	$251,267
SBUX	Starbucks Corp	2,055	$203,568
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

6 positions · $13,274,786 total · Consumer Defensive only · as of Sep 30, 2023

All sectors Basic Materials Communication Services Consumer Cyclical Consumer Defensive Energy Financial Services Healthcare Industrials Real Estate Technology Utilities

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	% of Portfolio
PG	PROCTER & GAMBLE Co Consumer Defensive	Reduced	37,127	-816	$5,415,344	−5.9%	40.79%
COST	Costco Wholesale Corp /New Consumer Defensive	Added	6,015	+124	$3,398,234	+7.1%	25.60%
PEP	Pepsico Inc Consumer Defensive	Added	13,364	+352	$2,264,396	−6.0%	17.06%
WMT	Walmart Inc. Consumer Defensive	Added	31,551	+19,508	$1,681,983	+166.6%	12.67%
KR	Kroger Co Consumer Defensive	Added	6,467	+107	$289,398	−3.2%	2.18%
KO	Coca Cola Co Consumer Defensive	Held	4,027	0	$225,431	−7.0%	1.70%