Madison Investment Advisors

Madison Investment Holdings as of March 31, 2012

Portfolio Holdings for Madison Investment Holdings

Madison Investment Holdings holds 198 positions in its portfolio as reported in the March 2012 quarterly 13F filing

Company (Ticker) Portfolio Weight Valued At Change in Shares Share Count Share Price
Vanguard Total Bond Market ETF (BND) 3.2 $141M 169k 832.80
Microsoft Corporation (MSFT) 2.4 $104M 323k 322.55
Brookfield Asset Management 2.3 $100M 316k 315.70
Markel Corporation (MKL) 2.2 $96M 21k 4489.54
Johnson & Johnson (JNJ) 2.0 $89M 135k 659.60
Target Corporation (TGT) 1.9 $84M 144k 582.70
Google 1.9 $83M 13k 6412.58
Pepsi (PEP) 1.8 $80M 120k 663.50
Omni (OMC) 1.6 $69M 136k 506.50
CarMax (KMX) 1.6 $67M 194k 346.50
TJX Companies (TJX) 1.5 $67M 168k 397.10
M&T Bank Corporation (MTB) 1.5 $65M 74k 868.81
Schlumberger (SLB) 1.5 $65M 93k 699.30
3M Company (MMM) 1.5 $64M 72k 892.10
U.S. Bancorp (USB) 1.5 $64M 202k 316.80
FLIR Systems 1.4 $61M 240k 253.10
Laboratory Corp. of America Holdings (LH) 1.4 $59M 65k 915.41
Chevron Corporation (CVX) 1.3 $55M 51k 1072.11
Staples 1.2 $53M 326k 161.90
Berkshire Hathaway (BRK.B) 1.2 $52M 64k 811.50
Qualcomm (QCOM) 1.2 $52M 76k 680.61
United Parcel Service (UPS) 1.2 $50M 62k 807.20
Cisco Systems (CSCO) 1.1 $50M 236k 211.50
Vanguard Dividend Appreciation ETF (VIG) 1.1 $50M 85k 585.51
Western Union Company (WU) 1.1 $49M 280k 176.00
Apple (AAPL) 1.1 $49M 8.2k 5996.10
W.R. Berkley Corporation (WRB) 1.1 $49M 136k 361.20
Jacobs Engineering 1.0 $45M 102k 443.71
Becton, Dickinson and (BDX) 1.0 $45M 58k 776.50
Diageo (DEO) 1.0 $44M 46k 965.01
Norfolk Southern (NSC) 1.0 $44M 67k 658.30
Copart (CPRT) 1.0 $43M 166k 260.70
Ens 1.0 $43M 81k 529.30
Ecolab (ECL) 1.0 $43M 69k 617.20
Pfizer (PFE) 0.9 $41M 183k 226.45
Franklin Resources (BEN) 0.9 $40M 32k 1240.32
Occidental Petroleum Corporation (OXY) 0.9 $40M 42k 952.31
DENTSPLY International 0.9 $39M 98k 401.30
Wells Fargo & Company (WFC) 0.9 $39M 114k 341.40
T. Rowe Price (TROW) 0.9 $39M 59k 653.01
Apache Corporation 0.9 $38M 38k 1004.43
Arch Capital Group (ACGL) 0.9 $38M 102k 372.41
Broadridge Financial Solutions (BR) 0.8 $37M 155k 239.10
Vanguard FTSE All-World ex-US ETF (VEU) 0.8 $37M 84k 442.21
Visa (V) 0.8 $36M 31k 1180.02
ConocoPhillips (COP) 0.8 $35M 46k 760.09
IDEX Corporation (IEX) 0.8 $35M 82k 421.30
At&t (T) 0.8 $34M 110k 312.31
Vanguard Large-Cap ETF (VV) 0.8 $34M 53k 644.32
Discovery Communications 0.8 $34M 72k 468.80
Merck & Co (MRK) 0.8 $33M 86k 384.01
Exxon Mobil Corporation (XOM) 0.7 $32M 37k 867.30
Canadian Natural Resources (CNQ) 0.7 $32M 97k 331.81
Bed Bath & Beyond 0.7 $31M 48k 657.72
Wabtec Corporation (WAB) 0.7 $31M 42k 753.71
Valspar Corporation 0.7 $31M 64k 482.91
World Fuel Services Corporation (WKC) 0.7 $31M 75k 410.00
Northern Trust Corporation (NTRS) 0.7 $30M 64k 474.50
Walt Disney Company (DIS) 0.7 $31M 70k 437.80
Techne Corporation 0.7 $30M 43k 701.00
Intel Corporation (INTC) 0.6 $28M 99k 281.15
Emerson Electric (EMR) 0.6 $28M 54k 521.81
Travelers Companies (TRV) 0.6 $27M 46k 592.01
Leucadia National 0.6 $26M 101k 261.00
Coca-Cola Company (KO) 0.6 $26M 36k 740.11
Liberty Global 0.6 $27M 56k 478.91
Kraft Foods 0.6 $26M 68k 380.09
Ritchie Bros. Auctioneers Inco 0.6 $26M 110k 237.60
Spdr S&p 500 Etf (SPY) 0.6 $26M 18k 1408.16
McCormick & Company, Incorporated (MKC) 0.6 $24M 44k 544.32
Brown & Brown (BRO) 0.5 $23M 97k 237.80
Boeing Company (BA) 0.5 $23M 31k 743.71
Lowe's Companies (LOW) 0.5 $23M 73k 313.81
Noble Corporation Com Stk 0.5 $23M 61k 374.70
Procter & Gamble Company (PG) 0.5 $23M 33k 672.12
EOG Resources (EOG) 0.5 $23M 20k 1111.02
Bank of New York Mellon Corporation (BK) 0.5 $22M 90k 241.30
Brown-Forman Corporation (BF.B) 0.5 $22M 26k 833.92
Amphenol Corporation (APH) 0.5 $22M 37k 597.71
UnitedHealth (UNH) 0.5 $21M 36k 589.42
Time Warner 0.5 $21M 54k 377.50
Medtronic 0.5 $20M 51k 391.90
Nestle SA Reg Shs. Ser. B Spons (NSRGY) 0.5 $20M 32k 630.00
Exelon Corporation (EXC) 0.4 $18M 47k 392.11
Glacier Ban (GBCI) 0.4 $18M 123k 149.40
iShares S&P Global Energy Sector (IXC) 0.4 $18M 46k 397.79
Nextera Energy (NEE) 0.4 $17M 28k 610.79
International Flavors & Fragrances (IFF) 0.4 $16M 28k 586.02
Vanguard Short-Term Bond ETF (BSV) 0.4 $17M 21k 809.44
International Business Machines (IBM) 0.4 $16M 7.8k 2086.50
Accenture (ACN) 0.4 $16M 24k 645.01
Air Products & Chemicals (APD) 0.3 $15M 17k 918.01
Novartis (NVS) 0.3 $14M 25k 554.10
Costco Wholesale Corporation (COST) 0.3 $13M 15k 908.04
BlackRock (BLK) 0.3 $12M 6.0k 2049.31
Stryker Corporation (SYK) 0.3 $12M 22k 554.79
Vanguard Information Technology ETF (VGT) 0.3 $12M 17k 741.85
IntercontinentalEx.. 0.3 $12M 8.5k 1374.28
State Street Corporation (STT) 0.3 $11M 25k 455.00
Lockheed Martin Corporation (LMT) 0.3 $11M 12k 898.64
Philip Morris International (PM) 0.3 $11M 13k 886.20
Illinois Tool Works (ITW) 0.3 $11M 20k 571.23
Roper Industries (ROP) 0.3 $11M 11k 991.69
Moly 0.2 $11M 33k 338.32
Wal-Mart Stores (WMT) 0.2 $10M 17k 612.04
Gilead Sciences (GILD) 0.2 $10M 21k 488.61
Teva Pharmaceutical Industries (TEVA) 0.2 $10M 23k 450.60
SYSCO Corporation (SYY) 0.2 $10M 34k 298.60
Mylan 0.2 $9.8M 42k 234.49
iShares Barclays Inter Crd Bd Fund ETF) (IGIB) 0.2 $10M 9.3k 1088.54
Starbucks Corporation (SBUX) 0.2 $9.5M 17k 558.92
Panera Bread Company 0.2 $9.4M 5.8k 1609.53
St. Jude Medical 0.2 $9.3M 21k 443.11
Goldman Sachs (GS) 0.2 $8.8M 7.0k 1243.65
Celgene Corporation 0.2 $8.6M 11k 775.29
iShares S&P MidCap 400 Index (IJH) 0.2 $8.9M 9.0k 992.18
Comcast Corporation (CMCSA) 0.2 $8.5M 28k 300.11
Kohl's Corporation (KSS) 0.2 $8.5M 17k 500.30
Paychex (PAYX) 0.2 $8.1M 26k 309.91
Yum! Brands (YUM) 0.2 $8.4M 12k 711.87
Freeport-McMoRan Copper & Gold (FCX) 0.2 $8.2M 22k 380.42
Morgan Stanley (MS) 0.2 $8.0M 41k 196.40
EMC Corporation 0.2 $7.9M 27k 298.81
Adobe Systems Incorporated (ADBE) 0.2 $7.3M 21k 343.11
Best Buy (BBY) 0.2 $7.5M 32k 236.80
Nielsen Holdings Nv 0.2 $7.2M 24k 301.43
Newmont Mining Corporation (NEM) 0.2 $6.8M 13k 512.73
Hewlett-Packard Company 0.2 $6.8M 29k 238.29
Zimmer Holdings (ZBH) 0.2 $6.8M 11k 642.76
Cavium 0.2 $6.8M 22k 309.41
Bank of America Corporation (BAC) 0.1 $6.6M 69k 95.71
McDonald's Corporation (MCD) 0.1 $6.6M 6.7k 981.12
SPDR S&P MidCap 400 ETF (MDY) 0.1 $6.3M 3.5k 1807.14
Affiliated Managers (AMG) 0.1 $6.3M 5.6k 1118.15
Expeditors International of Washington (EXPD) 0.1 $6.1M 13k 465.11
Community Health Systems (CYH) 0.1 $6.2M 28k 222.41
Petroleo Brasileiro SA (PBR) 0.1 $5.5M 21k 265.63
Allergan 0.1 $5.6M 5.8k 954.38
Amazon (AMZN) 0.1 $5.5M 2.7k 2025.70
Flextronics International Ltd Com Stk (FLEX) 0.1 $5.4M 76k 72.19
SanDisk Corporation 0.1 $5.8M 12k 495.93
iShares iBoxx $ High Yid Corp Bond (HYG) 0.1 $5.8M 6.4k 907.21
iShares S&P NA Nat. Re. Sc. Idx (IGE) 0.1 $5.8M 15k 394.21
J.C. Penney Company 0.1 $5.4M 15k 354.27
Symantec Corporation 0.1 $5.2M 28k 187.00
Ctrip.com International 0.1 $5.4M 25k 216.40
Vanguard Health Care ETF (VHT) 0.1 $5.3M 7.9k 675.67
Partner Re 0.1 $4.9M 7.3k 678.98
Axis Capital Holdings (AXS) 0.1 $4.9M 15k 331.70
Acme Packet 0.1 $4.7M 17k 275.20
Cerner Corporation 0.1 $4.3M 5.6k 761.67
FirstEnergy (FE) 0.1 $4.0M 8.9k 455.91
MICROS Systems 0.1 $3.8M 6.9k 552.98
Nuance Communications 0.1 $3.9M 15k 255.80
Linear Technology Corporation 0.1 $4.1M 12k 337.01
Altera Corporation 0.1 $4.0M 10k 398.20
Waste Management (WM) 0.1 $3.4M 9.8k 349.56
Praxair 0.1 $3.6M 3.1k 1146.59
priceline.com Incorporated 0.1 $3.6M 506.00 7175.89
iShares Barclays 20+ Yr Treas.Bond (TLT) 0.1 $3.3M 2.9k 1122.14
CareFusion Corporation 0.1 $3.2M 12k 259.28
Applied Materials (AMAT) 0.1 $3.1M 25k 124.44
BMC Software 0.1 $2.4M 6.0k 401.67
eBay (EBAY) 0.1 $2.4M 6.6k 368.94
Sap (SAP) 0.1 $2.6M 3.7k 698.35
Yahoo! 0.1 $2.5M 16k 152.20
Sapient Corporation 0.1 $2.6M 21k 124.50
Allscripts Healthcare Solutions (MDRX) 0.1 $2.6M 16k 166.00
Cree 0.1 $2.8M 8.9k 316.33
Riverbed Technology 0.1 $2.8M 10k 280.78
Sensata Technologies Hldg Bv 0.1 $2.8M 8.4k 334.76
Vanguard Mega Cap 300 Growth Index ETF (MGK) 0.1 $2.7M 4.8k 552.70
OpenTable 0.1 $2.0M 5.0k 404.67
SPDR MSCI ACWI ex-US (CWI) 0.1 $2.2M 7.1k 314.36
Southwestern Energy Company (SWN) 0.0 $1.6M 5.1k 306.05
iShares Barclays TIPS Bond Fund (TIP) 0.0 $1.6M 1.4k 1177.29
American Eagle Outfitters (AEO) 0.0 $1.2M 7.0k 171.86
Netflix (NFLX) 0.0 $1.2M 1.0k 1150.62
Mead Johnson Nutrition 0.0 $1.3M 1.5k 825.13
Broadcom Corporation 0.0 $1.2M 3.0k 393.00
Ariba 0.0 $1.2M 3.7k 327.19
CHECK POINT SOFTWARE Technolog Com Stk (CHKP) 0.0 $1.3M 2.0k 638.50
JPMorgan Chase & Co. (JPM) 0.0 $944k 2.1k 460.04
Danaher Corporation (DHR) 0.0 $1.1M 1.9k 560.21
Brocade Communications Systems 0.0 $805k 14k 57.50
Vanguard Emerging Markets ETF (VWO) 0.0 $704k 1.6k 434.57
Ipath Dow Jones-aig Commodity (DJP) 0.0 $935k 2.2k 423.27
Diamond Offshore Drilling 0.0 $321k 481.00 667.36
Rli (RLI) 0.0 $514k 718.00 715.88
Nucor Corporation (NUE) 0.0 $513k 1.2k 430.01
Automatic Data Processing (ADP) 0.0 $391k 707.00 553.04
Verizon Communications (VZ) 0.0 $218k 570.00 382.46
National-Oilwell Var 0.0 $328k 413.00 794.19
Colgate-Palmolive Company (CL) 0.0 $614k 628.00 977.71
General Mills (GIS) 0.0 $339k 860.00 394.19
Contango Oil & Gas Company 0.0 $220k 373.00 589.81
Companhia de Saneamento Basi (SBS) 0.0 $351k 458.00 766.38
SPDR DJ Wilshire Large Cap (SPLG) 0.0 $207k 312.00 663.46