What Makes Indie Semiconductor (INDI) a Compelling Bet?
Madison Small Cap Fund, managed by Madison Funds, released its Q2 2026 investor letter. A copy of the letter can be downloaded here.
| No. | Hedge Fund | Shares | Value | Activity | % Port |
|---|---|---|---|---|---|
| 1. | BAMCO Inc. Ron Baron | 23,012,611 | $103,326,623 | -2% | 0.16% |
| 2. | Royce & Associates Chuck Royce | 2,230,150 | $10,013,374 | +17% | 0.08% |
| 3. | 2,179,500 | $9,785,955 | +772% | 0.02% | |
| 4. | D E Shaw D. E. Shaw | 1,138,023 | $5,109,723 | 0% | |
| 5. | Marshall Wace LLP Paul Marshall And Ian Wace | 1,129,616 | $5,071,975 | -40% | 0% |
| Insider | Price | Amount | Total Value | Remaining Holdings | Date | Form 4 |
|---|---|---|---|---|---|---|
| $3.11 | 50,000 | $155,460.00 | 481,026 | 2026-09-15 | Filing | |
| $3.59 | 18,444 | $66,145.72 | 115,922 | 2026-09-02 | Filing | |
| $3.59 | 22,181 | $79,547.72 | 134,366 | 2026-09-02 | Filing | |
| $3.59 | 3,125 | $11,214.38 | 153,183 | 2026-09-02 | Filing | |
| $3.53 | 8,820 | $31,161.06 | 156,308 | 2026-09-02 | Filing |
| No. | Name | Shares | Value | % Port |
|---|---|---|---|---|
| 1. | 31,623,647 | $141,990,175 | 0.08% | |
| 2. | 19,419,892 | $87,195,315 | 3.11% | |
| 3. | 19,045,966 | $85,516,388 | 0% | |
| 4. | 18,502,581 | $83,076,589 | 0% | |
| 5. | 15,914,169 | $71,454,618 | 0.67% |