Fiduciary Management

Fiduciary Management as of Dec. 31, 2010

Portfolio Holdings for Fiduciary Management

Fiduciary Management holds 75 positions in its portfolio as reported in the December 2010 quarterly 13F filing

Company (Ticker) Portfolio Weight Valued At Change in Shares Share Count Share Price
Bank Of Ny M ell 23.4 $3.3B 84k 38903.20
Cintas Corp 20.0 $2.8B 3.0k 926179.33
3m 2.3 $329M 381k 863.00
Nestle Sa Ad r 2.3 $326M 553k 588.20
Accenture Pl c 2.2 $312M 644k 484.90
Berkshire Ha th cl 2.1 $296M 369k 801.10
United Parce l s 2.1 $290M 399k 725.80
Wal Mart Sto res 2.1 $291M 539k 539.30
Automatic Da ta cco 2.0 $280M 605k 462.80
Dentsply Int l inco 2.0 $276M 808k 341.70
Monsanto 2.0 $274M 394k 696.40
Tyco Intl Lt d 1.9 $272M 655k 414.40
Sysco Corp 1.8 $257M 873k 294.00
Amerisourceb ergeco 1.8 $248M 727k 341.20
Time Warner 1.8 $246M 765k 321.70
Tyco Electro nicsco 1.6 $220M 621k 354.00
Kimberly-cla rk 1.6 $219M 347k 630.40
Covidien 1.4 $203M 444k 456.60
Mcgraw-hill 1.4 $201M 552k 364.10
Staples 1.4 $201M 881k 227.70
Diageo Plc-a dr 1.3 $186M 250k 743.30
Devon Energy 1.3 $183M 233k 785.10
American Exp ressco 1.2 $175M 407k 429.20
Schlumberger ltdco 1.2 $169M 202k 835.01
Arrow Elec 0.9 $123M 358k 342.50
Patterson Co s inco 0.7 $103M 336k 306.30
Aj Gallagher 0.7 $101M 347k 290.80
W.r Berkley corpco 0.6 $84M 306k 273.80
Jack Henry & assco 0.6 $78M 267k 291.50
Petsmart 0.6 $77M 194k 398.20
Dresser-rand gr 0.5 $74M 173k 425.90
Sigma Aldric h coco 0.5 $75M 112k 665.60
Bristow Grou p 0.5 $72M 151k 473.50
Aptar Group 0.5 $70M 147k 475.70
Meredith Cor p 0.5 $66M 190k 346.50
Carlisle Cos incco 0.5 $65M 164k 397.40
Molex Inc - cla 0.5 $63M 334k 188.70
Sm Energy 0.4 $62M 105k 589.31
Affiliated M grs 0.4 $61M 61k 992.21
Alliant Tech systco 0.4 $61M 81k 744.30
Covance 0.4 $61M 119k 514.10
Spx 0.4 $60M 84k 714.90
Bemis Compan y 0.4 $58M 178k 326.60
J.b Hunt Tra ns sco 0.4 $59M 146k 408.10
Kirby Corp 0.4 $59M 134k 440.50
Protective L ife 0.4 $58M 219k 266.40
Family Dolla r stco 0.4 $57M 114k 497.10
Scansource I nc 0.4 $55M 171k 319.00
Group 1 Auto mot 0.4 $53M 128k 417.60
Harte-hanks 0.4 $52M 409k 127.70
Valspar Corp 0.4 $52M 151k 344.80
Eagle Materi als 0.3 $48M 171k 282.50
Broadrige Fi nancco 0.3 $46M 210k 219.30
Ruddick Corp 0.3 $45M 121k 368.40
United Stati onerco 0.3 $45M 71k 638.10
St. Joe 0.3 $44M 201k 218.50
Flowers Food s inco 0.3 $42M 154k 269.10
Bio-rad Labs 0.3 $41M 39k 1038.52
Hsn 0.3 $41M 135k 306.40
Woodward Gov ern 0.2 $33M 88k 375.60
Teletech Hld gs 0.2 $32M 154k 205.90
Beacon Roofi ng 0.2 $31M 172k 178.70
Lancaster Co lonyco 0.2 $29M 51k 571.99
Pico Holding s inco 0.2 $30M 93k 318.00
Vca Antech I nc 0.2 $28M 118k 232.90
West Pharmac eutico 0.2 $26M 63k 411.99
Mine Safety 0.2 $24M 78k 311.30
Wolseley Plc adrco 0.1 $20M 639k 31.30
Dun & Bradst reetco 0.1 $15M 18k 820.93
Willis Group holco 0.1 $8.6M 25k 346.32
Assctd Banco rp 0.0 $181k 1.2k 151.46
First Bus Fi n svco 0.0 $304k 2.5k 121.89
Marshall&ils ley 0.0 $77k 1.1k 69.00
Us Bancorp 0.0 $216k 800.00 270.00
Ishares S&p 500 0.0 $343k 272.00 1261.03