Here’s Why Madison Large Cap Fund Sold Its Stake in US Bancorp (USB)

Madison Investments, an investment advisor, released its “Madison Large Cap Fund” first-quarter 2025 investor letter. A copy of the letter can be downloaded here. In the first quarter, the fund (Class I) decreased 0.93% compared to the 4.27% decline for the S&P 500 index. In addition, please check the fund’s top five holdings to know its best picks in 2025.

In its first-quarter 2025 investor letter, Madison Large Cap Fund highlighted stocks such as U.S. Bancorp (NYSE:USB)....