Avantis Emerging Markets Equity ETF

NPORT-P false 0001040612 XXXXXXXX S000020661 C000057673 MADISON FUNDS 811-08261 0001040612 25490037IZEAAJ1OT743 550 SCIENCE DRIVE MADISON 53711 608-274-0300 Madison Moderate Allocation Fund S000020661 254900LKLNXJ22VCUZ89 2026-10-31 2026-07-31 N 86867399.73 1991782.38 84875617.35 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 UST Avantis Emerging Markets Equity ETF 549300FLNHJ0Y6F35177 Avantis Emerging Markets Equity ETF 025072604 32731.00000000 NS USD 2929751.81000000 3.451817967837 Long EC RF US N 1 N N N Distillate US Fundamental Stability & Value ETF 5493002W0E8K4UD8QD78 Distillate U.S. Fundamental Stability & Value ETF 26922A321 43884.00000000 NS USD 2861236.80000000 3.371093948219 Long EC RF US N 1 N N Franklin FTSE Japan ETF 549300V7MZYC1Z30JS82 Franklin FTSE Japan ETF 35473P744 47597.00000000 NS USD 1874369.86000000 2.208372579218 Long EC RF US N 1 N N Invesco Exchange-Traded Fund Trust - Invesco S&P 500 Quality Etf 549300CMNB8U49G4GY75 Invesco Exchange-Traded Fund Trust - Invesco S&P 500 Quality ETF 46137V241 53007.00000000 NS USD 4488102.69000000 5.287858669106 Long EC RF US N 1 N N N iShares Core S&P U.S. Growth ETF 549300JOHA1VZHAEBP32 iShares Core S&P U.S. Growth ETF 464287671 27734.00000000 NS USD 5126075.22000000 6.039514503749 Long EC RF US N 1 N N N iShares Core S&P Small-Cap ETF 549300BZQ17QYN750B25 iShares Core S&P Small-Cap ETF 464287804 18768.00000000 NS USD 2729993.28000000 3.216463532444 Long EC RF US N 1 N N N iShares 5-10 Year Investment Grade Corporate Bond ETF 549300ZJOCMXQZ0RKQ84 iShares 5-10 Year Investment Grade Corporate Bond ETF 464288638 32739.00000000 NS USD 1711922.31000000 2.016977741605 Long EC RF US N 1 N N N Janus Henderson Mortgage-Backed Securities ETF 549300V6TVE4ZJCDWY16 Janus Henderson Mortgage-Backed Securities ETF 47103U852 38652.00000000 NS USD 1705326.24000000 2.009206287086 Long EC RF US N 1 N N Madison Core Bond Fund 254900KXQJDPZNNEA190 Madison Core Bond Fund 557492196 2843526.68000000 NS USD 25108340.57000000 29.58251303959 Long EC RF US N 1 N N N Madison Large Cap Fund 5493000V85LMHCOTG216 Madison Large Cap Fund 557492386 160904.64000000 NS USD 4886673.98000000 5.757453238718 Long EC RF US N 1 N N N State Street SPDR S&P Bank ETF 549300WRV3OCU6OV1X49 State Street SPDR S&P Bank ETF 78464A797 31351.00000000 NS USD 2183597.15000000 2.572702524207 Long EC RF US N 1 N N State Street Health Care Select Sector SPDR ETF 549300EJNY3KKJHPOY44 State Street Health Care Select Sector SPDR ETF 81369Y209 13894.00000000 NS USD 2258469.70000000 2.660916963568 Long EC RF US N 1 N N N State Street Energy Select Sector SPDR ETF 54930064FLK0RD4TRU75 Energy Select Sector SPDR Fund ETF 81369Y506 24031.00000000 NS USD 1431046.05000000 1.686050829060 Long EC RF US N 1 N N N VanEck J. P. Morgan EM Local Currency Bond ETF 549300CNWPR88MZBEA63 VanEck J. P. Morgan EM Local Currency Bond ETF 92189H300 84300.00000000 NS USD 2147121.00000000 2.529726518684 Long EC RF US N 1 N N N Vanguard FTSE All-World ex-US ETF DHT9U5XH2TTB8CZQX861 Vanguard FTSE All-World ex-U.S. ETF 922042775 81986.00000000 NS USD 6792540.10000000 8.002934543603 Long EC RF US N 1 N N N Vanguard FTSE Europe ETF 5493000IQHGUVNGQR883 Vanguard FTSE Europe ETF 922042874 28933.00000000 NS USD 2621040.47000000 3.088095912388 Long EC RF US N 1 N N Vanguard Information Technology ETF J2NTZGJBERBYMUMBIE74 Vanguard Information Technology ETF 92204A702 33309.00000000 NS USD 3768913.35000000 4.440513621783 Long EC RF US N 1 N N N VictoryShares Free Cash Flow ETF 5493000FVGQ9SU6HI752 VictoryShares Free Cash Flow ETF 92647X830 141084.00000000 NS USD 7017518.16000000 8.268002494829 Long EC RF US N 1 N N N State Street Global Advisors 549300BZ5TGIFZUZDZ37 State Street Institutional US Government Money Market Fund 857492706 3186513.41000000 NS USD 3186513.41000000 3.754333116494 Long STIV RF US N 1 N N N State Street Global Advisors 5493008BJIBKQ5KTIF74 State Street Navigator Securities Lending Government Money Market Portfolio 857509301 1940661.75000000 NS USD 1940661.75000000 2.286477330700 Long STIV RF US N 1 N N 2026-08-18 MADISON FUNDS Greg Hoppe Greg Hoppe Chief Financial Officer XXXX