Madison Investment Advisors

Madison Investment Holdings as of March 31, 2016

Portfolio Holdings for Madison Investment Holdings

Madison Investment Holdings holds 226 positions in its portfolio as reported in the March 2016 quarterly 13F filing

Company (Ticker) Portfolio Weight Valued At Change in Shares Share Count Share Price
Spdr S&p 500 Etf (SPY) 2.4 $113M 551k 205.56
iShares Lehman 3-7 Yr Treasury Bond (IEI) 2.3 $107M 849k 125.95
iShares S&P MidCap 400 Index (IJH) 2.3 $107M 740k 144.19
iShares Lehman 7-10 Yr Treas. Bond (IEF) 2.1 $99M 900k 110.34
Markel Corporation (MKL) 2.0 $97M 108k 891.57
iShares Barclays TIPS Bond Fund (TIP) 1.9 $91M 792k 114.64
J.M. Smucker Company (SJM) 1.8 $87M 667k 129.84
Johnson & Johnson (JNJ) 1.8 $86M 799k 108.20
Brookfield Asset Management 1.7 $79M 2.3M 34.79
Vanguard Information Technology ETF (VGT) 1.6 $76M 697k 109.53
Discovery Communications 1.5 $73M 2.7M 27.00
Vanguard Total Bond Market ETF (BND) 1.5 $70M 850k 82.81
Copart (CPRT) 1.5 $69M 1.7M 40.77
McDonald's Corporation (MCD) 1.4 $68M 538k 125.68
Microsoft Corporation (MSFT) 1.4 $66M 1.2M 55.23
Berkshire Hathaway (BRK.B) 1.4 $64M 453k 141.88
CarMax (KMX) 1.3 $63M 1.2M 51.10
Hershey Company (HSY) 1.3 $61M 659k 92.09
Ross Stores (ROST) 1.3 $60M 1.0M 57.90
Ishares Tr eafe min volat (EFAV) 1.3 $59M 891k 66.44
U.S. Bancorp (USB) 1.2 $59M 1.4M 40.59
Jacobs Engineering 1.2 $58M 1.3M 43.55
Vanguard Growth ETF (VUG) 1.2 $58M 541k 106.45
Brown & Brown (BRO) 1.2 $55M 1.5M 35.80
Oracle Corporation (ORCL) 1.2 $55M 1.3M 40.91
Diageo (DEO) 1.1 $54M 500k 107.87
Cdw (CDW) 1.1 $54M 1.3M 41.50
Accenture (ACN) 1.1 $53M 456k 115.40
Omni (OMC) 1.1 $52M 622k 83.23
Sally Beauty Holdings (SBH) 1.1 $51M 1.6M 32.38
American Tower Reit (AMT) 1.1 $51M 498k 102.37
Powershares Etf Trust dyna buybk ach 1.0 $46M 1.0M 45.32
General Electric Company 1.0 $46M 1.4M 31.79
Expeditors International of Washington (EXPD) 0.9 $44M 898k 48.81
SPDR Gold Trust (GLD) 0.9 $44M 372k 117.60
Danaher Corporation (DHR) 0.9 $43M 457k 94.86
Exxon Mobil Corporation (XOM) 0.9 $41M 494k 83.59
Wisdomtree Tr intl hedge eqt (HEDJ) 0.9 $41M 794k 51.92
Nestle SA Reg Shs. Ser. B Spons (NSRGY) 0.8 $40M 537k 74.61
Procter & Gamble Company (PG) 0.8 $39M 478k 82.31
Varian Medical Systems 0.8 $39M 488k 80.02
Alphabet Inc Class C cs (GOOG) 0.8 $38M 51k 744.95
Visa (V) 0.8 $37M 488k 76.48
Liberty Global Inc C 0.8 $37M 987k 37.56
Paccar (PCAR) 0.8 $37M 668k 54.69
PPG Industries (PPG) 0.7 $35M 312k 111.49
Liberty Broadband Cl C (LBRDK) 0.7 $35M 606k 57.95
Dollar General (DG) 0.7 $33M 384k 85.60
iShares S&P SmallCap 600 Index (IJR) 0.7 $33M 295k 112.57
TJX Companies (TJX) 0.7 $33M 415k 78.35
Crown Holdings (CCK) 0.7 $32M 649k 49.59
Laboratory Corp. of America Holdings (LH) 0.7 $32M 275k 117.13
Motorola Solutions (MSI) 0.7 $31M 414k 75.70
United Parcel Service (UPS) 0.7 $31M 292k 105.47
DaVita (DVA) 0.7 $30M 415k 73.38
Apple (AAPL) 0.7 $31M 282k 108.99
W.R. Berkley Corporation (WRB) 0.7 $31M 547k 56.20
Pfizer (PFE) 0.6 $30M 1.0M 29.64
Wells Fargo & Company (WFC) 0.6 $30M 626k 48.36
Schlumberger (SLB) 0.6 $30M 411k 73.75
Arch Capital Group (ACGL) 0.6 $30M 423k 71.10
Vanguard Large-Cap ETF (VV) 0.6 $29M 304k 94.01
Vanguard Value ETF (VTV) 0.6 $29M 348k 82.39
Ihs 0.6 $28M 225k 124.16
Vanguard FTSE All-World ex-US ETF (VEU) 0.6 $27M 635k 43.15
Duke Energy (DUK) 0.6 $27M 330k 80.68
Tiffany & Co. 0.5 $26M 350k 73.38
General Mills (GIS) 0.5 $25M 401k 63.35
World Fuel Services Corporation (WKC) 0.5 $25M 522k 48.58
Te Connectivity Ltd for (TEL) 0.5 $26M 411k 61.92
Fastenal Company (FAST) 0.5 $24M 485k 49.00
iShares Barclays Inter Crd Bd Fund ETF) (IGIB) 0.5 $24M 215k 109.70
Home Depot (HD) 0.5 $23M 175k 133.43
Verizon Communications (VZ) 0.5 $22M 415k 54.08
Amphenol Corporation (APH) 0.5 $23M 390k 57.82
Tyson Foods (TSN) 0.5 $22M 330k 66.66
Occidental Petroleum Corporation (OXY) 0.5 $22M 320k 68.43
Linear Technology Corporation 0.5 $22M 498k 44.56
United Technologies Corporation 0.5 $22M 215k 100.10
Schwab Strategic Tr us dividend eq (SCHD) 0.5 $22M 540k 40.09
Metropcs Communications (TMUS) 0.5 $22M 572k 38.30
Nextera Energy (NEE) 0.4 $21M 175k 118.34
Republic Services (RSG) 0.4 $21M 430k 47.65
Travelers Companies (TRV) 0.4 $21M 176k 116.71
Ishares Core Msci Eafe Etf core msci eafe (IEFA) 0.4 $20M 377k 53.14
M&T Bank Corporation (MTB) 0.4 $20M 179k 111.00
Glacier Ban (GBCI) 0.4 $20M 772k 25.42
SPDR S&P Dividend (SDY) 0.4 $19M 236k 79.93
3M Company (MMM) 0.4 $19M 112k 166.63
Vanguard Short Term Corporate Bond ETF (VCSH) 0.4 $18M 222k 80.03
Amgen (AMGN) 0.4 $17M 116k 149.93
Perrigo Company (PRGO) 0.4 $18M 137k 127.93
Vanguard Short-Term Bond ETF (BSV) 0.4 $17M 209k 80.63
American International (AIG) 0.4 $17M 311k 54.05
McKesson Corporation (MCK) 0.3 $16M 104k 157.25
Cisco Systems (CSCO) 0.3 $16M 568k 28.47
Mattel (MAT) 0.3 $16M 472k 33.62
SPDR S&P Emerging Asia Pacific (GMF) 0.3 $16M 216k 74.06
Costco Wholesale Corporation (COST) 0.3 $16M 99k 157.58
Digital Realty Trust (DLR) 0.3 $16M 177k 88.49
Pepsi (PEP) 0.3 $16M 151k 102.48
CVS Caremark Corporation (CVS) 0.3 $15M 145k 103.73
Boeing Company (BA) 0.3 $14M 113k 126.94
CBS Corporation 0.3 $14M 251k 55.09
Chevron Corporation (CVX) 0.3 $14M 144k 95.40
W.W. Grainger (GWW) 0.3 $14M 59k 233.43
Coca-Cola Company (KO) 0.3 $13M 280k 46.39
Express Scripts Holding 0.3 $13M 190k 68.69
T. Rowe Price (TROW) 0.3 $13M 176k 73.46
Biogen Idec (BIIB) 0.3 $13M 49k 260.31
FLIR Systems 0.3 $13M 389k 32.95
Vanguard Intermediate Tm Cpte Bd ETF (VCIT) 0.3 $13M 147k 86.93
PNC Financial Services (PNC) 0.3 $12M 147k 84.57
Gilead Sciences (GILD) 0.2 $12M 128k 91.86
iShares Barclays 20+ Yr Treas.Bond (TLT) 0.2 $12M 91k 130.61
Northern Trust Corporation (NTRS) 0.2 $11M 174k 65.17
Walt Disney Company (DIS) 0.2 $12M 116k 99.31
WisdomTree Japan Total Dividend (DXJ) 0.2 $12M 262k 43.71
Hca Holdings (HCA) 0.2 $12M 148k 78.05
Automatic Data Processing (ADP) 0.2 $11M 121k 89.71
Merck & Co (MRK) 0.2 $11M 203k 52.91
Praxair 0.2 $11M 93k 114.45
Rydex S&P Equal Weight ETF 0.2 $11M 140k 78.53
Crown Castle Intl (CCI) 0.2 $11M 123k 86.50
Qualcomm (QCOM) 0.2 $11M 207k 51.14
Waste Management (WM) 0.2 $9.7M 165k 59.00
Baxter International (BAX) 0.2 $10M 243k 41.08
Fluor Corporation (FLR) 0.2 $10M 186k 53.70
Texas Instruments Incorporated (TXN) 0.2 $10M 174k 57.42
Energy Select Sector SPDR (XLE) 0.2 $9.9M 160k 61.92
Medtronic (MDT) 0.2 $9.8M 130k 75.00
Brown-Forman Corporation (BF.B) 0.2 $9.4M 96k 98.47
BB&T Corporation 0.2 $9.4M 282k 33.27
Oceaneering International (OII) 0.2 $9.4M 284k 33.24
Nasdaq Omx (NDAQ) 0.2 $9.2M 138k 66.38
Nordstrom (JWN) 0.2 $9.2M 160k 57.21
iShares Russell Midcap Index Fund (IWR) 0.2 $8.7M 54k 162.91
Cerner Corporation 0.2 $7.9M 148k 52.96
Progressive Corporation (PGR) 0.2 $7.6M 218k 35.14
Bank of New York Mellon Corporation (BK) 0.2 $7.4M 201k 36.83
At&t (T) 0.1 $6.8M 174k 39.17
PowerShares FTSE RAFI US 1000 0.1 $6.6M 75k 88.16
Johnson Controls 0.1 $6.2M 159k 38.97
Baker Hughes Incorporated 0.1 $6.0M 137k 43.83
Spdr Short-term High Yield mf (SJNK) 0.1 $6.3M 246k 25.82
State Street Corporation (STT) 0.1 $5.5M 94k 58.52
Nuance Communications 0.1 $5.4M 291k 18.69
Citigroup (C) 0.1 $5.6M 134k 41.75
Thermo Fisher Scientific (TMO) 0.1 $5.0M 35k 141.60
Paypal Holdings (PYPL) 0.1 $5.2M 136k 38.60
Apache Corporation 0.1 $4.7M 96k 48.81
Agilent Technologies Inc C ommon (A) 0.1 $4.9M 123k 39.85
EOG Resources (EOG) 0.1 $4.7M 65k 72.58
Becton, Dickinson and (BDX) 0.1 $4.3M 28k 151.81
SPDR S&P MidCap 400 ETF (MDY) 0.1 $4.5M 17k 262.69
S&p Global (SPGI) 0.1 $4.4M 44k 98.98
EMC Corporation 0.1 $3.8M 142k 26.65
Oppenheimer Rev Weighted Etf mid cap rev etf 0.1 $3.9M 81k 48.00
Oppenheimer Rev Weighted Etf large cap rev et 0.1 $3.9M 96k 40.25
Starbucks Corporation (SBUX) 0.1 $3.2M 53k 59.70
Celgene Corporation 0.1 $3.3M 33k 100.08
Vanguard Financials ETF (VFH) 0.1 $3.1M 68k 46.36
Vaneck Vectors Agribusiness alt (MOO) 0.1 $3.4M 73k 46.58
PowerShares FTSE RAFI US 1500 Small-Mid 0.1 $2.8M 29k 94.36
PowerShares FTSE RAFI Developed Markets 0.1 $3.0M 84k 35.36
Discovery Communications 0.1 $2.2M 78k 28.63
Amazon (AMZN) 0.1 $2.6M 4.3k 593.74
SPDR S&P Homebuilders (XHB) 0.0 $2.1M 63k 33.83
Vanguard Total Stock Market ETF (VTI) 0.0 $2.0M 19k 104.84
Vanguard Dividend Appreciation ETF (VIG) 0.0 $1.7M 21k 81.24
Claymore Exchange-traded Fd gugg crp bd 2017 0.0 $1.7M 77k 22.64
Powershares Senior Loan Portfo mf 0.0 $1.7M 75k 22.70
Claymore Exchange Trd Fd Tr gug bull2018 e 0.0 $1.7M 80k 21.11
Ishares msci uk 0.0 $1.7M 109k 15.68
Oppenheimer Rev Weighted Etf small cap rev et 0.0 $1.8M 34k 54.23
JPMorgan Chase & Co. (JPM) 0.0 $1.6M 27k 59.20
Lowe's Companies (LOW) 0.0 $1.5M 19k 75.77
Claymore Exchange-traded Fd gugg crp bd 2016 0.0 $1.6M 74k 22.05
Alphabet Inc Class A cs (GOOGL) 0.0 $1.6M 2.1k 763.09
Ecolab (ECL) 0.0 $1.2M 11k 111.51
Intel Corporation (INTC) 0.0 $973k 30k 32.34
Analog Devices (ADI) 0.0 $769k 13k 59.20
Altria (MO) 0.0 $787k 13k 62.68
Philip Morris International (PM) 0.0 $864k 8.8k 98.11
Stryker Corporation (SYK) 0.0 $1.0M 9.4k 107.29
iShares S&P 500 Index (IVV) 0.0 $953k 4.6k 206.59
iShares MSCI EAFE Index Fund (EFA) 0.0 $946k 17k 57.19
Vanguard Emerging Markets ETF (VWO) 0.0 $953k 28k 34.56
Vanguard Health Care ETF (VHT) 0.0 $1.0M 8.3k 123.25
Claymore Exchange Trd Fd Tr gug bull2019 e 0.0 $729k 34k 21.23
Sch Fnd Us Lg Etf schwb fdt us lg (FNDX) 0.0 $1.0M 36k 29.49
Vanguard S&p 500 Etf idx (VOO) 0.0 $739k 3.9k 188.47
Reinsurance Group of America (RGA) 0.0 $557k 5.8k 96.28
Rli (RLI) 0.0 $427k 6.4k 66.88
AGL Resources 0.0 $245k 3.8k 65.25
Bristol Myers Squibb (BMY) 0.0 $413k 6.5k 63.81
Kimberly-Clark Corporation (KMB) 0.0 $359k 2.7k 134.36
E.I. du Pont de Nemours & Company 0.0 $257k 4.1k 63.30
Kroger (KR) 0.0 $626k 16k 38.26
American Financial (AFG) 0.0 $665k 9.5k 70.37
Colgate-Palmolive Company (CL) 0.0 $399k 5.6k 70.66
ConocoPhillips (COP) 0.0 $334k 8.3k 40.27
eBay (EBAY) 0.0 $368k 15k 23.86
Target Corporation (TGT) 0.0 $251k 3.1k 82.19
iShares Russell 1000 Value Index (IWD) 0.0 $322k 3.3k 98.68
Dollar Tree (DLTR) 0.0 $262k 3.2k 82.39
Invesco (IVZ) 0.0 $431k 14k 30.81
iShares Russell 1000 Growth Index (IWF) 0.0 $471k 4.7k 99.70
iShares S&P 100 Index (OEF) 0.0 $367k 4.0k 91.38
iShares Russell 2000 Value Index (IWN) 0.0 $302k 3.2k 93.33
iShares Russell 2000 Growth Index (IWO) 0.0 $301k 2.3k 132.60
WisdomTree Emerging Mkts Small Cp Div (DGS) 0.0 $667k 18k 37.77
iShares Russell Midcap Growth Idx. (IWP) 0.0 $343k 3.7k 92.28
iShares MSCI Canada Index (EWC) 0.0 $463k 20k 23.72
Vanguard European ETF (VGK) 0.0 $303k 6.2k 48.56
WisdomTree MidCap Dividend Fund (DON) 0.0 $374k 4.3k 86.10
Vanguard FTSE All Wld Ex USSml Cap (VSS) 0.0 $484k 5.2k 93.33
Phillips 66 (PSX) 0.0 $285k 3.3k 86.44
Mondelez Int (MDLZ) 0.0 $277k 6.9k 40.14
Ishares Inc core msci emkt (IEMG) 0.0 $342k 8.2k 41.62
Wec Energy Group (WEC) 0.0 $309k 5.1k 60.06
Noble Energy 0.0 $209k 6.7k 31.38
Reynolds American 0.0 $231k 4.6k 50.22
Nike (NKE) 0.0 $221k 3.6k 61.39
D Golden Minerals 0.0 $10k 22k 0.45
Schwab Strategic Tr us lrg cap etf (SCHX) 0.0 $207k 4.2k 48.90