Madison Large Cap Fund Sees Long-Term Value Creation in Meta Platforms’ (META) Huge Capex

Madison Large Cap Fund Sees Long-Term Value Creation in Meta Platforms’ (META) Huge Capex Soumya Eswaran Mon, June 15, 2026 at 9:07 PM GMT+7 3 min read META ^GSPC Madison Investments, an investment advisor, released its first-quarter 2026 investor letter for the “Madison Large Cap Fund”. A copy of the letter is available to download here. The Madison Large Cap Fund (Class I) declined 2.7% in the quarter, outperforming the S&P 500 s -4.33% return. The fund focuses on long-term capital appreciation. The quarter saw a shift in the equity market beyond the mega-cap technology stocks into physical economy stocks, influenced by fears of AI disruption. Additionally, rising commodity prices due to the Middle East conflict reignited inflation concerns, benefiting sectors such as Energy, Materials, Utilities, Staples, and Real Estate, which the Fund does not invest in, impacting its relative performance. Please review the Fund’s top five holdings to gain insights into their key selections for 2026.

In its first-quarter 2026 investor letter, Madison Large Cap Fund highlighted stocks like Meta Platforms, Inc. (NASDAQ:META). Meta Platforms, Inc. (NASDAQ:META), the parent company of dominant social media platforms, is a multinational technology company that develops products to connect people. On June 12, 2026, Meta Platforms, Inc. (NASDAQ:META) closed at $566.98 per share. One-month return of Meta Platforms, Inc. (NASDAQ:META) was -7.32%, and its shares lost 19.32% over the past 52 weeks. Meta Platforms, Inc. (NASDAQ:META) has a market capitalization of $1.44 trillion.

Madison Large Cap Fund stated the following regarding Meta Platforms, Inc. (NASDAQ:META) in its Q1 2026 investor letter: