Here’s Why Madison Mid Cap Fund Decided to Sell Dollar Tree (DLTR)

Group 1 - Madison Mid Cap Fund's Class Y returned 5.2% in Q2 2025, underperforming the Russell Midcap Index which increased by 8.5% [1] - The fund highlighted Dollar Tree, Inc. (NASDAQ:DLTR) as a significant stock, which saw a one-month return of -14.79% but a 52-week gain of 32.75% [2] - Dollar Tree's market capitalization was reported at $19.43 billion as of September 19, 2025, with shares closing at $95.26 [2] Group 2 - The fund sold its holdings in Dollar Tree, citing increased risk due to tariff announcements and a deteriorating risk profile, despite positive performance indicators from the company [3] - Dollar Tree's net sales for Q2 2025 increased by 12.3% to $4.6 billion, driven by comparable sales growth [4] - The number of hedge funds holding Dollar Tree decreased from 67 to 59 in the second quarter of 2025, indicating a decline in popularity among institutional investors [4]