Madison Avenue Partners, LP
Net seller this quarter
$2.32B
25
-$1.29B
77.1%
Holdings
| Company | Value | % of portfolio | % of company | POSITION CHANGE qoq % | First reported |
|---|---|---|---|---|---|
| Q2 2026 | |||||
 GHC | $281M | 12.11% | Not reported | +0.2% | Q1 2020 |
 INVH | $252M | 10.84% | 1.41% | New | Q2 2026 |
 MKL | $219M | 9.44% | 0.90% | +27.8% | Q1 2025 |
 CPNG | $216M | 9.31% | Not reported | +33.0% | Q1 2026 |
 MICC | $190M | 8.16% | 1.78% | -4.8% | Q4 2025 |
| TBPH | $157M | 6.74% | 17.75% | -3.1% | Q3 2021 |
 SOLV | $134M | 5.78% | 1.02% | -7.2% | Q2 2024 |
 STAA | $120M | 5.16% | 8.39% | +71.0% | Q1 2026 |
 INDV | $118M | 5.08% | 2.36% | -33.4% | Q2 2023 |
 LKFT | $103M | 4.45% | 5.23% | +39.9% | Q2 2025 |
 GMED | $73.9M | 3.18% | 0.69% | +30.4% | Q1 2024 |
 OCTV | $68.8M | 2.96% | Not reported | New | Q2 2026 |
 BTI | $64.4M | 2.77% | 0.05% | -7.2% | Q3 2025 |
 STGW | $59.5M | 2.56% | 3.23% | Not reported | Q3 2021 |
 SANM | $47.7M | 2.05% | 0.35% | New | Q2 2026 |
 PRIM | $45.8M | 1.97% | 0.86% | New | Q2 2026 |
| AD | $40.2M | 1.73% | 1.28% | New | Q2 2026 |
 AIV | $36.8M | 1.58% | 8.64% | Not reported | Q3 2022 |
 SNDK | $22.1M | 0.95% | 0.01% | -98.4% | Q2 2025 |
 TPB | $21M | 0.90% | 1.28% | 0.0% | Q4 2025 |
 SBGI | $19.7M | 0.85% | Not reported | -6.1% | Q4 2025 |
 MAGN | $15.3M | 0.66% | 3.64% | -18.1% | Q4 2024 |
 MRP | $8.97M | 0.39% | Not reported | Not reported | Q2 2025 |
 KROS | $6.7M | 0.29% | 3.16% | Not reported | Q2 2025 |
 MNRO | $1.64M | 0.07% | 0.32% | New | Q2 2026 |
| Q1 2026 | |||||
| SNDK | $393M | 17.10% | 0.42% | -56.8% | Q2 2025 |
| GHC | $260M | 11.30% | Not reported | Not reported | Q1 2020 |
| CPNG | $177M | 7.69% | Not reported | New | Q1 2026 |
| MICC | $171M | 7.44% | 1.87% | +78.0% | Q4 2025 |
| MKL | $168M | 7.32% | 0.70% | Not reported | Q1 2025 |
| TBPH | $154M | 6.71% | 18.46% | Not reported | Q3 2021 |
 ICLR | $142M | 6.17% | 1.67% | New | Q1 2026 |
| INDV | $132M | 5.72% | 3.45% | -31.3% | Q2 2023 |
| SOLV | $122M | 5.33% | 1.08% | -5.7% | Q2 2024 |
 MOH | $84.5M | 3.67% | 1.22% | Not reported | Q4 2025 |
| LKFT | $74M | 3.22% | 3.74% | +11.4% | Q2 2025 |
| BTI | $65.7M | 2.86% | 0.05% | -8.2% | Q3 2025 |
| GMED | $61.8M | 2.69% | 0.53% | -72.7% | Q1 2024 |
| STGW | $50.4M | 2.19% | 3.16% | Not reported | Q3 2021 |
| AIV | $50.4M | 2.19% | 8.76% | Not reported | Q3 2022 |
| STAA | $45.7M | 1.99% | 4.93% | New | Q1 2026 |
 WLY | $25.8M | 1.12% | 1.11% | -40.9% | Q1 2024 |
 PRMB | $24.9M | 1.08% | 0.36% | New | Q1 2026 |
| TPB | $21.5M | 0.93% | 1.29% | Not reported | Q4 2025 |
| SBGI | $19.1M | 0.83% | Not reported | +62.0% | Q4 2025 |
 DNOW | $16.3M | 0.71% | 0.75% | New | Q1 2026 |
| MAGN | $15.1M | 0.66% | 4.43% | -10.7% | Q4 2024 |
 CBC | $10.7M | 0.46% | 0.19% | -55.2% | Q4 2025 |
| KROS | $6.92M | 0.30% | 3.18% | -23.9% | Q2 2025 |
 PAR | $5.97M | 0.26% | 1.09% | New | Q1 2026 |
 FSP | $718K | 0.03% | 1.04% | -52.1% | Q3 2022 |
 SN | $651K | 0.03% | 0.00% | Not reported | Q3 2023 |
| Q4 2025 | |||||
| SNDK | $340M | 14.63% | 0.98% | -30.5% | Q2 2025 |
| GHC | $270M | 11.60% | Not reported | Not reported | Q1 2020 |
| GMED | $229M | 9.85% | 1.96% | +3.0% | Q1 2024 |
| INDV | $225M | 9.68% | 5.03% | -2.8% | Q2 2023 |
| MKL | $189M | 8.12% | 0.70% | +4.3% | Q1 2025 |
| TBPH | $178M | 7.65% | 18.62% | Not reported | Q3 2021 |
| SOLV | $158M | 6.77% | 1.15% | 0.0% | Q2 2024 |
 SOLS | $135M | 5.81% | 1.75% | New | Q4 2025 |
| MOH | $110M | 4.73% | 1.24% | New | Q4 2025 |
| MICC | $102M | 4.38% | 1.05% | New | Q4 2025 |
| LKFT | $72.4M | 3.11% | 3.36% | +0.8% | Q2 2025 |
| BTI | $69.3M | 2.98% | 0.05% | Not reported | Q3 2025 |
 UNF | $58.6M | 2.52% | 1.53% | New | Q4 2025 |
| STGW | $39.2M | 1.68% | 3.18% | Not reported | Q3 2021 |
| WLY | $35.1M | 1.51% | 1.88% | -2.0% | Q1 2024 |
| MAGN | $27M | 1.16% | 5.00% | -37.1% | Q4 2024 |
| TPB | $26.9M | 1.15% | 1.30% | New | Q4 2025 |
| CBC | $24M | 1.03% | Not reported | New | Q4 2025 |
| KROS | $16.8M | 0.72% | 4.21% | -69.6% | Q2 2025 |
| SBGI | $13.9M | 0.60% | Not reported | New | Q4 2025 |
 WK | $5.17M | 0.22% | Not reported | New | Q4 2025 |
| FSP | $2.13M | 0.09% | 2.17% | -12.7% | Q3 2022 |
| SN | $688K | 0.03% | 0.00% | Not reported | Q3 2023 |
| Q3 2025 | |||||
| GHC | $289M | 17.27% | Not reported | +0.2% | Q1 2020 |
| SNDK | $231M | 13.81% | 1.41% | -42.2% | Q2 2025 |
| MKL | $161M | 9.62% | 0.67% | Not reported | Q1 2025 |
| INDV | $156M | 9.30% | 5.18% | -18.4% | Q2 2023 |
| GMED | $146M | 8.71% | 1.89% | +48.8% | Q1 2024 |
| SOLV | $145M | 8.66% | 1.15% | -11.4% | Q2 2024 |
| TBPH | $139M | 8.29% | 18.77% | Not reported | Q3 2021 |
| LKFT | $76.1M | 4.54% | 3.33% | +17.0% | Q2 2025 |
| BTI | $65M | 3.88% | 0.05% | New | Q3 2025 |
| WLY | $47.4M | 2.83% | 1.92% | -43.0% | Q1 2024 |
| STGW | $45.1M | 2.69% | 3.10% | Not reported | Q3 2021 |
 NWSA | $44.6M | 2.66% | 0.25% | Not reported | Q2 2024 |
| KROS | $42.8M | 2.56% | 6.67% | +0.6% | Q2 2025 |
| MAGN | $33.2M | 1.98% | 7.96% | -15.3% | Q4 2024 |
| AIV | $28.7M | 1.71% | 2.58% | +145.4% | Q3 2022 |
 CTRI | $14.7M | 0.88% | 0.78% | New | Q3 2025 |
| FSP | $4.13M | 0.25% | 2.49% | Not reported | Q3 2022 |
 NNI | $3.95M | 0.24% | Not reported | -78.1% | Q1 2024 |
 ALMS | $1.67M | 0.10% | Not reported | -77.3% | Q2 2025 |
| SN | $635K | 0.04% | 0.00% | Not reported | Q3 2023 |