Madison Investments U.S. Equity Strategy’s Q4 2023 Investor Letter

Madison Investments, an investment management firm, released its “Madison Investments U.S. Equity Strategy” Q4 2023 investor Letter. In 2023, the US stock market experienced a positive year. The S&P 500 Index ended 2023 up 26.3%, having recovered all of its 2022 decline and a little bit more. The year’s most notable feature was the glaring concentration of returns in the Magnificent Seven. With an average annual return of 111.7%, these seven megacap technology firms accounted for considerably over half of the S&P 500’s entire gain. In addition, you can check the top 5 holdings of the fund to know its best picks in 2023.

A copy of Madison Investments U.S. Equity Strategy’s Q4 2023 investor letter can be downloaded here.