Vault-13

MADISON ETFS TRUST CVRD

MADISON COVERED · ETP · CUSIP 557441409

3 institutional holders -2 vs Q1 2026
1,780,3721.8m shares reported held*
$31.3mreported value*
0 new 1 added 2 reduced 2 sold out net sold ≈ $1.8m (-102.6k shares)

* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once. Holder counts are more reliable. Implied quarter-end price ≈ $17.56.

Trends to Q2 2026

Institutional holders

Managers reporting a position, each quarter

0246Q3 23: 3Q4 23: 3Q1 24: 4Q2 24: 3Q3 24: 5Q4 24: 4Q1 25: 4Q2 25: 3Q3 25: 3Q4 25: 5Q1 26: 5Q2 26: 33Q3 23Q2 24Q1 25Q4 25Q2 26
Numbers
QuarterHolders
Q3 20233
Q4 20233
Q1 20244
Q2 20243
Q3 20245
Q4 20244
Q1 20254
Q2 20253
Q3 20253
Q4 20255
Q1 20265
Q2 20263

Buyers vs sellers

Managers adding to or starting a position, vs cutting or selling out

Bought or addedCut or sold out
404Q3 24: 3 bought or addedQ3 24: 1 cut or sold outQ4 24: 1 bought or addedQ4 24: 4 cut or sold outQ4 24Q1 25: 1 bought or addedQ1 25: 3 cut or sold outQ2 25: 0 bought or addedQ2 25: 3 cut or sold outQ2 25Q3 25: 2 bought or addedQ3 25: 1 cut or sold outQ4 25: 2 bought or addedQ4 25: 3 cut or sold outQ4 25Q1 26: 2 bought or addedQ1 26: 4 cut or sold outQ2 26: 1 bought or addedQ2 26: 4 cut or sold outQ2 26
Numbers
QuarterBought or addedCut or sold out
Q3 202431
Q4 202414
Q1 202513
Q2 202503
Q3 202521
Q4 202523
Q1 202624
Q2 202614

Biggest buyers

OLD MISSION CAPITAL LLC Added +3,564+3.6k

Biggest sellers

GTS SECURITIES LLC Sold out -55,951-56.0k
Madison Asset Management, LLC Reduced -50,000-50.0k
UBS Group AG Sold out -206-206
ROYAL BANK OF CANADA Reduced -47-47

Holders, Q2 2026

#ManagerLocationShares Value% of their portfolioChangeShares change
1 Madison Asset Management, LLC 0.37% of their portfolio MADISON, WI 1,755,0001.8m $30.8m $30.8m 0.37% Reduced -50.0k -50,000
2 OLD MISSION CAPITAL LLC 0.01% of their portfolio CHICAGO, IL 24,17124.2k $424.5k $424.5k 0.01% Added +3.6k +3,564
3 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 1,2011.2k $21.0k $21.0k 0.00% Reduced -47 -47