1y return+128.7%S&P 500 +20.9%
3y return+231.8%S&P 500 +68.5%
These returns are for its stock picks as disclosed on Form 13F: last quarter's holdings, valued at this quarter's prices. They miss trades within each quarter, short positions, options, bonds, cash and fees, so they aren't the returns its clients got.
$100 invested in its stock picks
Since June 30, 2022: $442 against $198 in the S&P 500.2
Madison Avenue Partners, LPS&P 500 (SPY)
Top holdings
At the end of June 30, 2026. Change is in shares since the quarter before.2
| Stock | Value | Share of portfolio | Change |
|---|---|---|---|
| GHCGraham Hldgs Co | $281.2M | 12.1% | |
| INVHInvitation Homes Inc | $251.8M | 10.8% | New |
| MKLMarkel Group Inc | $219.4M | 9.4% | +27.8% |
| CPNGCoupang Inc | $216.4M | 9.3% | +33.0% |
| Magnum Ice Cream Co NvCUSIP N5505D105 | $189.6M | 8.2% | −4.8% |
| Theravance Biopharma IncCUSIP G8807B106 | $156.6M | 6.7% | −3.1% |
| SOLVSolventum Corp | $134.3M | 5.8% | −7.2% |
| STAAStaar Surgical Co | $119.8M | 5.2% | +71.0% |
| INDVIndivior PLC | $117.9M | 5.1% | −33.4% |
| LKFTLakefront Biotherapeutics Nv | $103.4M | 4.4% | +39.9% |
| GMEDGlobus Med Inc | $73.9M | 3.2% | +30.3% |
| Octave Intelligence PLCCUSIP G22845104 | $68.8M | 3.0% | New |
| BTIBritish Amern Tob PLC | $64.4M | 2.8% | −7.2% |
| STGWStagwell Inc | $59.5M | 2.6% | |
| SANMSanmina Corp | $47.7M | 2.1% | New |
| PRIMPrimoris Svcs Corp | $45.8M | 2.0% | New |
| ADArray Digital Infrastructure | $40.2M | 1.7% | New |
| AIVApartment Invt & Mgmt Co | $36.8M | 1.6% | |
| SNDKSandisk Corp | $22.1M | 0.9% | −98.4% |
| TPBTurning Pt Brands Inc | $21.0M | 0.9% | |
| SBGISinclair Inc | $19.7M | 0.8% | −6.1% |
| MAGNMagnera Corp | $15.3M | 0.7% | −18.1% |
| MRPMillrose Pprys Inc | $9.0M | 0.4% | New |
| KROSKeros Therapeutics Inc | $6.7M | 0.3% | |
| MNROMonro Inc | $1.6M | 0.1% | New |
Best picks still held
How each current holding has done since the quarter it first appeared in its filings (up to six years back).
| Stock | Held since | Return since | Now worth |
|---|---|---|---|
| GHCGraham Hldgs Co | June 30, 2020 | +233.1% | $281.2M |
| Theravance Biopharma IncCUSIP G8807B106 | September 30, 2021 | +129.7% | $156.6M |
| STAAStaar Surgical Co | March 31, 2026 | +53.4% | $119.8M |
| SOLVSolventum Corp | June 30, 2024 | +45.9% | $134.3M |
| GMEDGlobus Med Inc | June 30, 2025 | +33.9% | $73.9M |
| BTIBritish Amern Tob PLC | September 30, 2025 | +16.4% | $64.4M |
| INDVIndivior PLC | December 31, 2025 | +14.4% | $117.9M |
| Magnum Ice Cream Co NvCUSIP N5505D105 | December 31, 2025 | +9.8% | $189.6M |
| LKFTLakefront Biotherapeutics Nv | June 30, 2025 | +7.1% | $103.4M |
| MKLMarkel Group Inc | March 31, 2025 | +4.5% | $219.4M |
Sold off last quarter
- Icon PLCCUSIP G4705A100 was $142.0M
- MOHMolina Healthcare Inc was $84.5M
- WLYWiley John & Sons Inc was $25.8M
- PRMBPrimo Brands Corporation was $24.9M
- DNOWDnow Inc was $16.3M
- CBCCentral Bancompany was $10.7M
- PARPar Technology Corp was $6.0M
- FSPFranklin Str Pptys Corp was $718K
- Sharkninja IncCUSIP G8068L108 was $651K
Quarter by quarter
| Quarter | Its picks | S&P 500 |
|---|---|---|
| June 30, 2026 | +15.7% | +14.8% |
| March 31, 2026 | +21.6% | −4.6% |
| December 31, 2025 | +27.3% | +2.4% |
| September 30, 2025 | +27.7% | +7.8% |
| June 30, 2025 | +2.4% | +10.5% |
| March 31, 2025 | −1.8% | −4.6% |
| December 31, 2024 | +0.4% | +2.1% |
| September 30, 2024 | +17.8% | +5.4% |
| June 30, 2024 | +2.2% | +4.0% |
| March 31, 2024 | +2.6% | +10.0% |
| December 31, 2023 | +17.7% | +11.2% |
| September 30, 2023 | −1.1% | −3.6% |
| June 30, 2023 | +11.0% | +8.3% |
| March 31, 2023 | +2.6% | +7.0% |
| December 31, 2022 | +13.3% | +7.1% |
| September 30, 2022 | +3.1% | −5.3% |
| March 31, 2022 | −5.6% | −4.9% |
| December 31, 2021 | +1.7% | +10.7% |
| September 30, 2021 | −0.2% | +0.3% |
Sources
Every number on this page points here. Each one links to the public record.
- 1SEC EDGAR: Madison Avenue Partners, LP Form 13F filingshttps://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=1801265&type=13F-HR&dateb=&owner=include&count=40CIK 1801265
- 2SEC: 13F for the quarter ended June 30, 2026https://www.sec.gov/Archives/edgar/data/1801265/000180126526000005/Filed August 14, 2026 · accession 0001801265-26-000005