BVAOX Holdings — Madison Small Cap Fund
Data updated: 2026-09-17
BVAOX holds 52 securities. The top 10 make up 34.4% of net assets, led by State Street Institutional US Government Money Market Fund (5.53%) and Encompass Health (4.52%). Information Technology (22.5%) and Industrials (21.8%) are the largest sectors, and 98.5% of the portfolio is in United States. No debt holdings are reported.
Holdings cover 100.44% of net asset value (99.98% of total assets; remainder is cash and receivables). As of July 31, 2026 · N-PORT.
BVAOX Portfolio Holdings
52 holdings of Madison Small Cap Fund by percentage of net assets, from the fund's SEC N-PORT filing as of July 31, 2026.
| Holding | Ticker | Sector | % of net assets | Value (USD) |
|---|---|---|---|---|
| State Street Institutional US Government Money Market Fund | — | Funds & ETFs | 5.53% | $8.56M |
| Encompass Health Corp. | EHC | Health Care | 4.52% | $7.00M |
| Scotts Miracle-Gro Co. | SMG | Materials | 3.84% | $5.95M |
| Knowles Corp. | KN | Consumer Discretionary | 3.33% | $5.15M |
| HealthEquity, Inc. | HQY | Industrials | 3.15% | $4.89M |
| Workiva, Inc. | WK | Information Technology | 3.01% | $4.66M |
| Hayward Holdings, Inc. | HAYW | Industrials | 2.92% | $4.52M |
| Core & Main, Inc. | CNM | Industrials | 2.83% | $4.38M |
| Carlisle Cos., Inc. | CSL | Materials | 2.72% | $4.21M |
| Gitlab, Inc. | GTLB | Information Technology | 2.55% | $3.94M |
| Procore Technologies, Inc. | PCOR | Information Technology | 2.44% | $3.78M |
| Box, Inc. | BOX | Information Technology | 2.40% | $3.72M |
| Texas Capital Bancshares, Inc. | TCBI | Financials | 2.37% | $3.66M |
| Moelis & Co. | MC | Financials | 2.33% | $3.60M |
| CommVault Systems, Inc. | CVLT | Information Technology | 2.19% | $3.40M |
| Charles River Laboratories International, Inc. | CRL | Health Care | 2.17% | $3.35M |
| Crane Co. | CR | Industrials | 2.16% | $3.35M |
| Edgewell Personal Care Co. | EPC | Consumer Staples | 2.03% | $3.15M |
| Shake Shack, Inc. | SHAK | Consumer Discretionary | 2.02% | $3.13M |
| CTS Corp. | CTS | Information Technology | 1.91% | $2.96M |
| Axis Capital Holdings Ltd. | AXS | Financials | 1.89% | $2.93M |
| VF Corp. | VFC | Consumer Discretionary | 1.88% | $2.91M |
| Hexcel Corp. | HXL | Materials | 1.87% | $2.90M |
| Leonardo DRS, Inc. | DRS | Industrials | 1.85% | $2.87M |
| Hanover Insurance Group, Inc. | THG | Financials | 1.82% | $2.81M |
| Revolve Group, Inc. | RVLV | Consumer Discretionary | 1.81% | $2.81M |
| Primo Brands Corp. | PRMB | Consumer Staples | 1.81% | $2.80M |
| ICU Medical, Inc. | ICUI | Health Care | 1.69% | $2.62M |
| Baldwin Insurance Group, Inc. | BWIN | Financials | 1.60% | $2.48M |
| Mirion Technologies, Inc. | MIR | Industrials | 1.59% | $2.47M |
| Amplitude, Inc. | AMPL | Information Technology | 1.55% | $2.40M |
| Power Integrations, Inc. | POWI | Information Technology | 1.54% | $2.39M |
| Extreme Networks, Inc. | EXTR | Information Technology | 1.53% | $2.37M |
| Advanced Drainage Systems, Inc. | WMS | Materials | 1.50% | $2.32M |
| Entegris, Inc. | ENTG | Information Technology | 1.45% | $2.25M |
| Belden, Inc. | BDC | Materials | 1.44% | $2.22M |
| Mueller Water Products, Inc. | MWA | Industrials | 1.43% | $2.21M |
| Madison Air Solutions Corp. | MAIR | Industrials | 1.33% | $2.06M |
| AAON, Inc. | AAON | Industrials | 1.33% | $2.06M |
| Crane NXT Co. | CXT | Industrials | 1.30% | $2.02M |
| Vericel Corp. | VCEL | Health Care | 1.28% | $1.99M |
| Eagle Materials, Inc. | EXP | Materials | 1.19% | $1.85M |
| Viavi Solutions, Inc. | VIAV | Information Technology | 1.13% | $1.74M |
| SiteOne Landscape Supply, Inc. | SITE | Industrials | 1.10% | $1.71M |
| Matador Resources Co. | MTDR | Energy | 1.10% | $1.71M |
| Medpace Holdings, Inc. | MEDP | Health Care | 1.09% | $1.69M |
| Celanese Corp. | CE | Materials | 0.95% | $1.48M |
| Ollie's Bargain Outlet Holdings, Inc. | OLLI | Consumer Staples | 0.95% | $1.46M |
| indie Semiconductor, Inc. | INDI | Information Technology | 0.93% | $1.44M |
| WillScot Holdings Corp. | WSC | Industrials | 0.89% | $1.38M |
| Alphatec Holdings, Inc. | ATEC | Health Care | 0.83% | $1.28M |
| State Street Navigator Securities Lending Government Money Market Portfolio | — | Funds & ETFs | 0.36% | $555.72K |
BVAOX Sector Allocation
Madison Small Cap Fund holdings grouped by sector, by share of the portfolio's market value.
| Sector | Weight | Holdings |
|---|---|---|
| Information Technology | 22.5% | 12 |
| Industrials | 21.8% | 12 |
| Materials | 13.5% | 7 |
| Health Care | 11.5% | 6 |
| Financials | 10.0% | 5 |
| Consumer Discretionary | 9.0% | 4 |
| Funds & ETFs | 5.9% | 2 |
| Consumer Staples | 4.8% | 3 |
| Energy | 1.1% | 1 |
BVAOX Country Allocation
Where Madison Small Cap Fund's holdings are domiciled, by percentage of net assets (largest 2).
| Country | % of net assets |
|---|---|
| United States | 98.5% |
| Bermuda | 1.9% |
BVAOX Portfolio Allocation
Asset-class allocation of Madison Small Cap Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Equity | 94.6% |
| Cash & Equivalents | 5.9% |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.