Madison Investment Advisors

Madison Investment Holdings as of March 31, 2014

Portfolio Holdings for Madison Investment Holdings

Madison Investment Holdings holds 231 positions in its portfolio as reported in the March 2014 quarterly 13F filing

Company (Ticker) Portfolio Weight Valued At Change in Shares Share Count Share Price
Spdr S&p 500 Etf (SPY) 2.6 $136M 725k 187.01
Markel Corporation (MKL) 2.4 $127M 214k 596.10
iShares Lehman 7-10 Yr Treas. Bond (IEF) 2.3 $122M 1.2M 101.73
iShares S&P MidCap 400 Index (IJH) 2.2 $118M 856k 137.47
Advance Auto Parts (AAP) 1.8 $96M 761k 126.50
Brookfield Asset Management 1.8 $95M 2.3M 40.85
Directv 1.7 $91M 1.2M 76.42
Oracle Corporation (ORCL) 1.6 $84M 2.1M 40.91
Qualcomm (QCOM) 1.6 $82M 1.0M 78.86
Microsoft Corporation (MSFT) 1.5 $80M 2.0M 40.99
McDonald's Corporation (MCD) 1.5 $78M 799k 98.03
Accenture (ACN) 1.4 $76M 954k 79.72
Johnson & Johnson (JNJ) 1.4 $75M 762k 98.23
Copart (CPRT) 1.4 $75M 2.1M 36.39
Vanguard FTSE All-World ex-US ETF (VEU) 1.4 $75M 1.5M 50.31
Berkshire Hathaway (BRK.B) 1.3 $70M 558k 124.97
Omni (OMC) 1.3 $69M 955k 72.60
M&T Bank Corporation (MTB) 1.3 $68M 559k 121.30
MICROS Systems 1.2 $66M 1.2M 52.93
U.S. Bancorp (USB) 1.2 $64M 1.5M 42.86
Nestle SA Reg Shs. Ser. B Spons (NSRGY) 1.2 $64M 845k 75.22
Vanguard Short Term Corporate Bond ETF (VCSH) 1.2 $63M 793k 79.98
Vanguard Total Bond Market ETF (BND) 1.2 $63M 773k 81.19
Schlumberger (SLB) 1.2 $61M 628k 97.50
Vanguard Large-Cap ETF (VV) 1.1 $58M 672k 86.02
Danaher Corporation (DHR) 1.0 $54M 713k 75.00
Baxter International (BAX) 1.0 $53M 724k 73.58
Vanguard Information Technology ETF (VGT) 1.0 $53M 574k 91.53
Pfizer (PFE) 1.0 $51M 1.6M 32.12
Jacobs Engineering 1.0 $51M 806k 63.50
CarMax (KMX) 1.0 $51M 1.1M 46.80
United Technologies Corporation 1.0 $50M 430k 116.84
Rockwell Collins 0.9 $49M 611k 79.67
Discovery Communications 0.9 $49M 634k 77.06
Diageo (DEO) 0.9 $48M 386k 124.59
Powershares Etf Trust dyna buybk ach 0.9 $48M 1.1M 43.52
eBay (EBAY) 0.9 $48M 862k 55.24
W.R. Berkley Corporation (WRB) 0.9 $47M 1.1M 41.62
3M Company (MMM) 0.9 $45M 333k 135.66
Monsanto Company 0.8 $43M 381k 113.77
Ross Stores (ROST) 0.8 $43M 602k 71.57
Arch Capital Group (ACGL) 0.8 $42M 731k 57.54
United Parcel Service (UPS) 0.8 $42M 427k 97.38
Costco Wholesale Corporation (COST) 0.8 $40M 361k 111.68
Crown Holdings (CCK) 0.8 $40M 889k 44.74
Merck & Co (MRK) 0.8 $40M 699k 56.77
Apache Corporation 0.8 $39M 475k 82.95
Apple (AAPL) 0.7 $39M 73k 536.74
DENTSPLY International 0.7 $39M 835k 46.04
CVS Caremark Corporation (CVS) 0.7 $37M 495k 74.86
Vanguard Intermediate Tm Cpte Bd ETF (VCIT) 0.7 $37M 439k 84.98
Pimco Total Return Etf totl (BOND) 0.7 $37M 349k 106.66
Wells Fargo & Company (WFC) 0.7 $37M 741k 49.74
Vanguard Short-Term Bond ETF (BSV) 0.7 $37M 460k 80.09
Vanguard Value ETF (VTV) 0.7 $37M 468k 78.11
Vanguard European ETF (VGK) 0.7 $37M 624k 58.95
Nordstrom (JWN) 0.7 $36M 572k 62.45
Paccar (PCAR) 0.7 $35M 519k 67.44
Expeditors International of Washington (EXPD) 0.7 $35M 873k 39.63
TransDigm Group Incorporated (TDG) 0.7 $34M 183k 185.20
Northern Trust Corporation (NTRS) 0.6 $34M 515k 65.56
DaVita (DVA) 0.6 $34M 490k 68.85
Varian Medical Systems 0.6 $34M 399k 83.99
Liberty Global Inc C 0.6 $33M 820k 40.71
Verizon Communications (VZ) 0.6 $33M 698k 47.57
Laboratory Corp. of America Holdings (LH) 0.6 $33M 337k 98.21
Perrigo Company (PRGO) 0.6 $33M 213k 154.66
FedEx Corporation (FDX) 0.6 $32M 244k 132.56
Travelers Companies (TRV) 0.6 $33M 382k 85.10
Google 0.6 $31M 28k 1114.50
Exxon Mobil Corporation (XOM) 0.6 $30M 305k 97.68
Brown & Brown (BRO) 0.6 $30M 970k 30.76
Boeing Company (BA) 0.6 $30M 240k 125.49
Time Warner 0.6 $29M 438k 65.33
Medtronic 0.6 $29M 467k 61.54
UnitedHealth (UNH) 0.6 $29M 352k 81.99
Cameron International Corporation 0.5 $29M 462k 61.77
Sally Beauty Holdings (SBH) 0.5 $28M 1.0M 27.40
World Fuel Services Corporation (WKC) 0.5 $28M 632k 44.10
iShares S&P SmallCap 600 Index (IJR) 0.5 $28M 252k 110.14
Fastenal Company (FAST) 0.5 $27M 543k 49.30
Wabtec Corporation (WAB) 0.5 $26M 339k 77.50
Philip Morris International (PM) 0.5 $25M 307k 81.87
Baker Hughes Incorporated 0.5 $25M 377k 65.02
Amphenol Corporation (APH) 0.5 $25M 270k 91.65
American International (AIG) 0.5 $25M 495k 50.01
Bed Bath & Beyond 0.5 $24M 347k 68.80
iShares Russell Midcap Index Fund (IWR) 0.5 $24M 156k 154.76
Ensco Plc Shs Class A 0.5 $24M 450k 52.78
BB&T Corporation 0.4 $23M 580k 40.17
iShares S&P MidCap 400 Value Index (IJJ) 0.4 $23M 193k 120.42
Techne Corporation 0.4 $22M 253k 85.37
Occidental Petroleum Corporation (OXY) 0.4 $21M 222k 95.29
iShares MSCI EAFE Index Fund (EFA) 0.4 $21M 316k 67.20
Home Depot (HD) 0.4 $20M 257k 79.13
Chevron Corporation (CVX) 0.4 $21M 174k 118.91
Procter & Gamble Company (PG) 0.4 $21M 257k 80.60
Bank of New York Mellon Corporation (BK) 0.4 $20M 566k 35.29
General Dynamics Corporation (GD) 0.4 $20M 181k 108.92
Amazon (AMZN) 0.4 $20M 59k 336.36
SPDR S&P Dividend (SDY) 0.4 $20M 274k 73.58
Linear Technology Corporation 0.4 $20M 402k 48.69
Vanguard Dividend Appreciation ETF (VIG) 0.4 $19M 250k 75.23
Glacier Ban (GBCI) 0.3 $18M 628k 29.07
National-Oilwell Var 0.3 $18M 231k 77.87
Visa (V) 0.3 $18M 82k 215.86
Seagate Technology Com Stk 0.3 $18M 322k 56.16
Novartis (NVS) 0.3 $17M 202k 85.02
Canadian Natural Resources (CNQ) 0.3 $18M 457k 38.37
iShares iBoxx $ High Yid Corp Bond (HYG) 0.3 $17M 182k 94.39
Pepsi (PEP) 0.3 $17M 199k 83.50
EMC Corporation 0.3 $15M 549k 27.41
iShares Barclays TIPS Bond Fund (TIP) 0.3 $15M 129k 112.10
Wal-Mart Stores (WMT) 0.3 $14M 180k 76.43
CBS Corporation 0.2 $13M 207k 61.80
Brown-Forman Corporation (BF.B) 0.2 $12M 138k 89.69
Starbucks Corporation (SBUX) 0.2 $13M 171k 73.38
Vanguard Growth ETF (VUG) 0.2 $12M 130k 93.48
priceline.com Incorporated 0.2 $12M 9.7k 1191.88
iShares MSCI United Kingdom Index 0.2 $11M 552k 20.59
Automatic Data Processing (ADP) 0.2 $11M 145k 77.26
ConocoPhillips (COP) 0.2 $11M 159k 70.35
Celgene Corporation 0.2 $11M 80k 139.60
Gilead Sciences (GILD) 0.2 $11M 152k 70.86
Dana Holding Corporation (DAN) 0.2 $10M 434k 23.27
T. Rowe Price (TROW) 0.2 $9.3M 113k 82.35
Becton, Dickinson and (BDX) 0.2 $9.0M 77k 117.07
PowerShares QQQ Trust, Series 1 0.2 $8.8M 100k 87.67
iShares S&P 100 Index (OEF) 0.2 $9.1M 110k 82.81
Allergan 0.2 $8.5M 69k 124.10
Microchip Technology (MCHP) 0.1 $8.0M 167k 47.76
Partner Re 0.1 $7.8M 76k 103.49
International Business Machines (IBM) 0.1 $7.3M 38k 192.48
TJX Companies (TJX) 0.1 $7.4M 122k 60.65
Cerner Corporation 0.1 $6.7M 120k 56.25
W.W. Grainger (GWW) 0.1 $6.9M 28k 252.65
Praxair 0.1 $6.8M 52k 130.98
Walt Disney Company (DIS) 0.1 $6.3M 79k 80.07
Coca-Cola Company (KO) 0.1 $6.0M 155k 38.66
Biogen Idec (BIIB) 0.1 $5.7M 19k 305.89
PowerShares FTSE RAFI US 1000 0.1 $6.0M 71k 84.63
Teva Pharmaceutical Industries (TEVA) 0.1 $5.0M 95k 52.84
Intel Corporation (INTC) 0.1 $5.4M 207k 25.82
Roper Industries (ROP) 0.1 $5.3M 39k 133.51
Lululemon Athletica (LULU) 0.1 $5.3M 100k 52.59
Mosaic (MOS) 0.1 $5.5M 110k 50.00
Waste Management (WM) 0.1 $4.6M 110k 42.07
Morgan Stanley (MS) 0.1 $4.8M 155k 31.17
Stericycle (SRCL) 0.1 $4.6M 40k 113.63
SPDR S&P MidCap 400 ETF (MDY) 0.1 $4.6M 18k 250.59
Broadcom Corporation 0.1 $4.1M 130k 31.47
iShares MSCI Cntry Asa Jpn Idx Fnd (AAXJ) 0.1 $4.2M 70k 59.09
C.H. Robinson Worldwide (CHRW) 0.1 $3.9M 75k 52.39
Altera Corporation 0.1 $3.5M 97k 36.24
PowerShares FTSE RAFI Developed Markets 0.1 $3.5M 80k 43.87
RevenueShares Large Cap Fund 0.1 $3.9M 104k 37.00
Nuance Communications 0.1 $3.3M 194k 17.17
International Flavors & Fragrances (IFF) 0.1 $3.0M 31k 95.68
Panera Bread Company 0.1 $2.4M 14k 176.44
RevenueShares Mid Cap Fund 0.1 $2.6M 57k 45.60
Petroleo Brasileiro SA (PBR) 0.0 $2.0M 155k 13.15
Freeport-McMoRan Copper & Gold (FCX) 0.0 $2.2M 65k 33.08
SPDR Gold Trust (GLD) 0.0 $2.2M 17k 123.59
PowerShares FTSE RAFI US 1500 Small-Mid 0.0 $2.3M 23k 99.24
Wisdomtree Tr intl hedge eqt (HEDJ) 0.0 $1.9M 33k 56.54
Ishares Core Msci Eafe Etf core msci eafe (IEFA) 0.0 $2.1M 34k 61.06
JPMorgan Chase & Co. (JPM) 0.0 $1.6M 26k 60.72
Nike (NKE) 0.0 $1.8M 24k 73.87
Market Vectors Agribusiness 0.0 $1.8M 32k 54.37
RevenueShares Small Cap Fund 0.0 $1.5M 28k 54.68
Vanguard Emerging Markets ETF (VWO) 0.0 $1.7M 42k 40.57
Tortoise MLP Fund 0.0 $1.8M 69k 26.71
PNC Financial Services (PNC) 0.0 $1.2M 14k 86.97
Ecolab (ECL) 0.0 $1.1M 9.8k 108.03
McKesson Corporation (MCK) 0.0 $918k 5.2k 176.54
Lowe's Companies (LOW) 0.0 $1.2M 25k 48.91
WisdomTree Emerging Mkts Small Cp Div (DGS) 0.0 $1.0M 22k 46.62
WisdomTree Japan Total Dividend (DXJ) 0.0 $806k 17k 47.33
Claymore Exchange-traded Fd gugg crp bd 2016 0.0 $800k 36k 22.37
Ishares Inc core msci emkt (IEMG) 0.0 $820k 17k 49.09
Reinsurance Group of America (RGA) 0.0 $481k 6.0k 79.64
Rli (RLI) 0.0 $575k 13k 44.26
Republic Services (RSG) 0.0 $487k 14k 34.15
Health Care SPDR (XLV) 0.0 $366k 6.3k 58.56
General Electric Company 0.0 $687k 27k 25.88
Bristol Myers Squibb (BMY) 0.0 $269k 5.2k 52.01
At&t (T) 0.0 $593k 17k 35.07
Cisco Systems (CSCO) 0.0 $658k 29k 22.40
Noble Energy 0.0 $541k 7.6k 71.09
E.I. du Pont de Nemours & Company 0.0 $268k 4.0k 67.00
Analog Devices (ADI) 0.0 $697k 13k 53.17
Kroger (KR) 0.0 $571k 13k 43.69
American Financial (AFG) 0.0 $564k 9.8k 57.76
Altria (MO) 0.0 $444k 12k 37.40
Amgen (AMGN) 0.0 $606k 4.9k 123.42
Colgate-Palmolive Company (CL) 0.0 $302k 4.7k 64.95
General Mills (GIS) 0.0 $344k 6.6k 51.77
Stryker Corporation (SYK) 0.0 $733k 9.0k 81.44
Tyco International Ltd S hs 0.0 $491k 12k 42.36
Illinois Tool Works (ITW) 0.0 $286k 3.5k 81.32
Dollar Tree (DLTR) 0.0 $509k 9.8k 52.21
J.M. Smucker Company (SJM) 0.0 $478k 4.9k 97.15
Invesco (IVZ) 0.0 $522k 14k 36.98
FMC Corporation (FMC) 0.0 $617k 8.1k 76.50
Oneok Partners 0.0 $428k 8.0k 53.50
iShares Russell Midcap Value Index (IWS) 0.0 $518k 7.5k 68.71
Consumer Staples Select Sect. SPDR (XLP) 0.0 $357k 8.3k 43.06
iShares Barclays 20+ Yr Treas.Bond (TLT) 0.0 $630k 5.8k 109.03
iShares Dow Jones Select Dividend (DVY) 0.0 $288k 3.9k 73.38
RevenueShares ADR Fund 0.0 $755k 19k 39.19
SPDR MSCI ACWI ex-US (CWI) 0.0 $470k 13k 35.77
PowerShares FTSE RAFI Emerging MarketETF 0.0 $393k 20k 19.89
WisdomTree MidCap Dividend Fund (DON) 0.0 $299k 3.9k 77.16
WisdomTree SmallCap Dividend Fund (DES) 0.0 $526k 7.7k 68.28
Vanguard FTSE All Wld Ex USSml Cap (VSS) 0.0 $387k 3.6k 106.73
Canadian Oil Sands (COS) 0.0 $361k 17k 20.93
Claymore Exchange-traded Fd gugg crp bd 2017 0.0 $637k 28k 22.80
Guggenheim Bulletshar 0.0 $395k 18k 21.89
Kinder Morgan (KMI) 0.0 $545k 17k 32.51
Express Scripts Holding 0.0 $662k 8.8k 75.08
Claymore Exchange Trd Fd Tr gug bull2018 e 0.0 $466k 22k 21.05
Eli Lilly & Co. (LLY) 0.0 $230k 3.9k 58.97
Norfolk Southern (NSC) 0.0 $203k 2.1k 97.27
Kimberly-Clark Corporation (KMB) 0.0 $212k 1.9k 110.19
Kohl's Corporation (KSS) 0.0 $238k 4.2k 56.73
Reynolds American 0.0 $230k 4.3k 53.49
Wisconsin Energy Corporation 0.0 $256k 5.5k 46.57
Marriott International (MAR) 0.0 $226k 4.0k 56.05
Phillips 66 (PSX) 0.0 $254k 3.3k 77.11
Duke Energy (DUK) 0.0 $224k 3.1k 71.18
Mondelez Int (MDLZ) 0.0 $217k 6.3k 34.50