Browse the world's most comprehensive database of hedge fund investor letters, sorted by recent quarter. Access primary source research from leading institutional managers.
Browse the world's most comprehensive archive of hedge fund manager letters. Access primary source research from leading institutional managers, sorted by reporting period.
The Madison Mid Cap Fund declined 1.2% in Q4 2025, lagging its index due to market leadership favoring speculative stocks. The fund added four new high-quality names and exited Trex and Microchip Technology.
Full Quick Take
The Madison Mid Cap Fund declined 1.2% in Q4 2025, lagging its index due to market leadership favoring speculative stocks. The fund added four new high-quality names and exited Trex and Microchip Technology.