MADISON ETFS TRUST

Ticker: CVRD CUSIP: 557441409 Class: ETF

Note: Option positions (PUT/CALL) are excluded.

InstitutionSharesValue ($000)
Madison Asset Management, LLC1,885,000$34,743
SUSQUEHANNA INTERNATIONAL GROUP, LLP17,540$323
OLD MISSION CAPITAL LLC14,388$265
ROYAL BANK OF CANADA6,367$117
UBS Group AG207$4
Total (5 institutions)1,923,502$35,452