# MADISON ETFS TRUST (DIVL)

> Institutional ownership reported to the SEC as of Q2 2026, from Form 13F filings. Source: https://holderbook.com/stocks/DIVL/

- Reporting holders: 3
- Reported value: $52.8M
- Held through calls: 0.0%
- Held through puts: 0.0%

A 13F reports long US equity positions only. Shorts, bonds, foreign listings and cash are not visible here, and positions are disclosed up to 45 days after the quarter ends.

## Largest holders

| Manager | Value | Shares | Share of their book | Quarters held |
|---|---|---|---|---|
| [Madison Asset Management, LLC](https://holderbook.com/funds/1299351-madison-asset-management-llc/) | $52.5M | 2,163,006 | 0.6% | 12 |
| [SUSQUEHANNA INTERNATIONAL GROUP, LLP](https://holderbook.com/funds/1446194-susquehanna-international-group-llp/) | $235.5K | 9,698 | 0.0% | 3 |
| [UBS Group AG](https://holderbook.com/funds/1610520-ubs-group-ag/) | $16.0K | 657 | 0.0% | 3 |

## Quarter by quarter

| Quarter | Holders | Reported value |
|---|---|---|
| Q2 2026 | 3 | $52.8M |
| Q1 2026 | 4 | $53.1M |
| Q4 2025 | 5 | $54.5M |
| Q3 2025 | 3 | $56.5M |
| Q2 2025 | 4 | $56.4M |
| Q1 2025 | 5 | $56.5M |
| Q4 2024 | 3 | $107.8M |
| Q3 2024 | 3 | $56.5M |
| Q2 2024 | 3 | $54.2M |
| Q1 2024 | 3 | $66.1M |
| Q4 2023 | 2 | $67.3M |
| Q3 2023 | 1 | $62.1M |