Madison Investments, an investment advisor, released its “Madison Large Cap Fund” third-quarter 2025 investor letter. A copy of the letter can be downloaded here. The fund decreased 2.2% in the third quarter compared to an 8.1% gain for the S&P 500 Index. The current market focus on short-term profits led the fund to underperform the benchmark considerably in the quarter. In addition, please check the fund’s top five holdings to know its best picks in 2025.
In its third-quarter 2025 investor letter, Madison Large Cap Fund highlighted stocks such as Parker-Hannifin Corporation (NYSE:PH). Parker-Hannifin Corporation (NYSE:PH) manufactures motion and control technologies and systems for mobile, industrial, and aerospace markets. The one-month return of Parker-Hannifin Corporation (NYSE:PH) was 14.14%, and its shares gained 20.21% of their value over the last 52 weeks. On November 10, 2025, Parker-Hannifin Corporation (NYSE:PH) stock closed at $840.63 per share, with a market capitalization of $106.076 billion.
Madison Large Cap Fund stated the following regarding Parker-Hannifin Corporation (NYSE:PH) in its third quarter 2025 investor letter:
“The top five contributors for the quarter were Alphabet, Lowe’s, TJX, Brookfield Corporation, and Parker-Hannifin Corporation (NYSE:PH). Rounding out the top five contributors is diversified industrial company Parker-Hannifin, which continues to report strong results in its aerospace segment, accompanied by company-wide margin improvements.”
Parker-Hannifin Corporation (NYSE:PH) is not on our list of 30 Most Popular Stocks Among Hedge Funds. According to our database, 51 hedge fund portfolios held Parker-Hannifin Corporation (NYSE:PH) at the end of the second quarter, the same as in the previous quarter. In the first quarter of fiscal 2026, Parker-Hannifin Corporation (NYSE:PH) delivered record sales of $5.1 billion, reflecting an organic growth of 5%. While we acknowledge the potential of Parker-Hannifin Corporation (NYSE:PH) as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.
In another article, we covered Parker-Hannifin Corporation (NYSE:PH) and shared ClearBridge Large Cap Growth Strategy’s views on the company. In addition, please check out our hedge fund investor letters Q3 2025 page for more investor letters from hedge funds and other leading investors.
