Madison Investment Advisors

Madison Investment Holdings as of Dec. 31, 2016

Portfolio Holdings for Madison Investment Holdings

Madison Investment Holdings holds 248 positions in its portfolio as reported in the December 2016 quarterly 13F filing

Company (Ticker) Portfolio Weight Valued At Change in Shares Share Count Share Price
iShares Lehman 7-10 Yr Treas. Bond (IEF) 3.0 $153M 1.5M 104.82
iShares S&P MidCap 400 Index (IJH) 2.5 $129M 777k 165.34
Vanguard FTSE All-World ex-US ETF (VEU) 2.5 $128M 2.9M 44.18
Vanguard Growth ETF (VUG) 2.0 $102M 917k 111.48
U.S. Bancorp (USB) 1.8 $93M 1.8M 51.37
iShares Barclays TIPS Bond Fund (TIP) 1.6 $83M 737k 113.17
Markel Corporation (MKL) 1.6 $81M 90k 904.50
Johnson & Johnson (JNJ) 1.6 $81M 699k 115.21
CarMax (KMX) 1.6 $81M 1.3M 64.39
Discovery Communications 1.6 $81M 3.0M 26.78
Brookfield Asset Management 1.6 $80M 2.4M 33.01
Dollar General (DG) 1.5 $79M 1.1M 74.07
Spdr S&p 500 Etf (SPY) 1.4 $75M 335k 223.53
Berkshire Hathaway (BRK.B) 1.4 $73M 449k 162.98
Cdw (CDW) 1.4 $72M 1.4M 52.09
Vanguard Total Bond Market ETF (BND) 1.4 $71M 874k 80.79
American Tower Reit (AMT) 1.3 $68M 643k 105.68
J.M. Smucker Company (SJM) 1.3 $66M 512k 128.06
Copart (CPRT) 1.2 $64M 1.2M 55.41
Te Connectivity Ltd for (TEL) 1.2 $63M 913k 69.28
Microsoft Corporation (MSFT) 1.1 $59M 954k 62.14
iShares S&P 500 Index (IVV) 1.1 $57M 255k 224.99
Jacobs Engineering 1.1 $55M 958k 57.00
Oracle Corporation (ORCL) 1.1 $54M 1.4M 38.45
Omni (OMC) 1.0 $54M 634k 85.11
Accenture (ACN) 1.0 $52M 445k 117.13
Alphabet Inc Class C cs (GOOG) 1.0 $52M 68k 771.82
Diageo (DEO) 1.0 $50M 482k 103.94
Vanguard Information Technology ETF (VGT) 0.9 $48M 399k 121.50
Danaher Corporation (DHR) 0.9 $48M 619k 77.84
Sally Beauty Holdings (SBH) 0.9 $44M 1.7M 26.42
Liberty Broadband Cl C (LBRDK) 0.9 $45M 602k 74.07
Ross Stores (ROST) 0.8 $44M 673k 65.60
Brown & Brown (BRO) 0.8 $44M 971k 44.86
Schlumberger (SLB) 0.8 $44M 519k 83.95
Visa (V) 0.8 $42M 540k 78.02
Vanguard Short Term Corporate Bond ETF (VCSH) 0.8 $42M 534k 79.37
Powershares Etf Trust dyna buybk ach 0.8 $41M 815k 50.46
Liberty Global Inc C 0.8 $41M 1.4M 29.70
Expeditors International of Washington (EXPD) 0.8 $41M 764k 52.96
PPG Industries (PPG) 0.8 $40M 425k 94.76
DaVita (DVA) 0.8 $40M 622k 64.20
iShares S&P SmallCap 600 Index (IJR) 0.8 $39M 287k 137.52
Exxon Mobil Corporation (XOM) 0.7 $37M 404k 90.26
TJX Companies (TJX) 0.7 $36M 485k 75.13
Varian Medical Systems 0.7 $37M 408k 89.78
W.R. Berkley Corporation (WRB) 0.7 $36M 542k 66.51
Laboratory Corp. of America Holdings 0.7 $35M 272k 128.38
Arch Capital Group (ACGL) 0.7 $35M 406k 86.29
Powershares Senior Loan Portfo mf 0.7 $35M 1.5M 23.36
Wisdomtree Tr intl hedge eqt (HEDJ) 0.7 $35M 602k 57.40
Axalta Coating Sys (AXTA) 0.7 $35M 1.3M 27.20
Crown Holdings (CCK) 0.7 $34M 652k 52.57
Cisco Systems (CSCO) 0.6 $32M 1.1M 30.22
Apple (AAPL) 0.6 $32M 278k 115.82
World Fuel Services Corporation (WKC) 0.6 $31M 682k 45.91
Vanguard Large-Cap ETF (VV) 0.6 $31M 301k 102.37
JPMorgan Chase & Co. (JPM) 0.6 $31M 356k 86.29
Ihs Markit 0.6 $31M 863k 35.41
Chevron Corporation (CVX) 0.6 $30M 255k 117.70
Paccar (PCAR) 0.6 $30M 470k 63.90
PNC Financial Services (PNC) 0.6 $29M 250k 116.96
iShares Lehman 3-7 Yr Treasury Bond (IEI) 0.6 $29M 240k 122.51
Schwab Strategic Tr us dividend eq (SCHD) 0.6 $29M 667k 43.57
WisdomTree Japan Total Dividend (DXJ) 0.6 $28M 569k 49.54
M&T Bank Corporation (MTB) 0.5 $28M 178k 156.43
Dow Chemical Company 0.5 $28M 484k 57.22
Novartis (NVS) 0.5 $28M 383k 72.84
Baker Hughes Incorporated 0.5 $28M 427k 64.97
United Technologies Corporation 0.5 $28M 256k 109.62
Metropcs Communications (TMUS) 0.5 $28M 479k 57.51
Apache Corporation 0.5 $26M 411k 63.47
Pfizer (PFE) 0.5 $26M 787k 32.48
United Parcel Service (UPS) 0.5 $26M 226k 114.64
Amphenol Corporation (APH) 0.5 $26M 386k 67.20
Caterpillar (CAT) 0.5 $25M 274k 92.74
Fastenal Company (FAST) 0.5 $26M 542k 46.98
Home Depot (HD) 0.5 $25M 186k 134.08
Verizon Communications (VZ) 0.5 $24M 455k 53.38
SPDR KBW Regional Banking (KRE) 0.5 $24M 429k 55.57
Baxter International (BAX) 0.4 $22M 487k 44.34
3M Company (MMM) 0.4 $22M 121k 178.57
Crown Castle Intl (CCI) 0.4 $22M 249k 86.77
Amgen (AMGN) 0.4 $21M 146k 146.21
SPDR Gold Trust (GLD) 0.4 $21M 193k 109.61
General Motors Company (GM) 0.4 $21M 613k 34.84
FedEx Corporation (FDX) 0.4 $21M 111k 186.20
Boeing Company (BA) 0.4 $20M 129k 155.68
McDonald's Corporation (MCD) 0.4 $20M 163k 121.72
Vanguard Health Care ETF (VHT) 0.4 $20M 156k 126.77
Ishares Core Msci Eafe Etf core msci eafe (IEFA) 0.4 $20M 370k 53.63
General Electric Company 0.4 $19M 598k 31.60
Ishares Tr eafe min volat (EFAV) 0.4 $19M 311k 61.22
Occidental Petroleum Corporation (OXY) 0.4 $18M 259k 71.23
Procter & Gamble Company (PG) 0.3 $18M 212k 84.08
Glacier Ban (GBCI) 0.3 $18M 496k 36.23
American International (AIG) 0.3 $18M 275k 65.31
Vanguard Short-Term Bond ETF (BSV) 0.3 $18M 220k 79.45
Marathon Petroleum Corp (MPC) 0.3 $18M 352k 50.35
Bank of America Corporation (BAC) 0.3 $17M 768k 22.10
CVS Caremark Corporation (CVS) 0.3 $17M 213k 78.91
Pepsi (PEP) 0.3 $17M 165k 104.63
Gilead Sciences (GILD) 0.3 $17M 233k 71.61
Cme (CME) 0.3 $16M 141k 115.35
Tiffany & Co. 0.3 $16M 206k 77.43
Northern Trust Corporation (NTRS) 0.3 $16M 176k 89.05
Vanguard Value ETF (VTV) 0.3 $15M 164k 93.01
Nextera Energy (NEE) 0.3 $15M 127k 119.46
Praxair 0.3 $15M 126k 117.19
Texas Instruments Incorporated (TXN) 0.3 $15M 204k 72.97
Digital Realty Trust (DLR) 0.3 $15M 149k 98.26
BB&T Corporation 0.3 $14M 307k 47.02
Bank of New York Mellon Corporation (BK) 0.3 $14M 299k 47.38
Walt Disney Company (DIS) 0.3 $14M 135k 104.22
T. Rowe Price (TROW) 0.3 $14M 184k 75.26
Travelers Companies (TRV) 0.3 $14M 116k 122.42
Merck & Co (MRK) 0.3 $14M 237k 58.87
Biogen Idec (BIIB) 0.3 $13M 47k 283.57
Vanguard Intermediate Tm Cpte Bd ETF (VCIT) 0.3 $14M 157k 85.70
Express Scripts Holding 0.3 $13M 195k 68.79
Wells Fargo & Company (WFC) 0.2 $13M 237k 55.11
Automatic Data Processing (ADP) 0.2 $13M 125k 102.78
iShares Barclays 20+ Yr Treas.Bond (TLT) 0.2 $13M 107k 119.13
AFLAC Incorporated (AFL) 0.2 $12M 176k 69.60
Qualcomm (QCOM) 0.2 $12M 189k 65.20
Vanguard Long Term Corporate Bond ETF (VCLT) 0.2 $12M 136k 89.35
Republic Services (RSG) 0.2 $12M 207k 57.05
Union Pacific Corporation (UNP) 0.2 $12M 116k 103.68
Allergan 0.2 $12M 57k 210.00
Ishares Msci United Kingdom Index etf (EWU) 0.2 $12M 392k 30.69
Nasdaq Omx (NDAQ) 0.2 $12M 171k 67.12
PG&E Corporation (PCG) 0.2 $12M 190k 60.77
SPDR S&P Dividend (SDY) 0.2 $11M 131k 85.56
Chubb (CB) 0.2 $11M 86k 132.12
Medtronic (MDT) 0.2 $11M 149k 71.23
Paypal Holdings (PYPL) 0.2 $11M 276k 39.47
Fortive (FTV) 0.2 $11M 199k 53.63
Oceaneering International (OII) 0.2 $10M 365k 28.21
Energy Select Sector SPDR (XLE) 0.2 $9.8M 130k 75.32
Costco Wholesale Corporation (COST) 0.2 $9.3M 58k 160.10
Xilinx 0.2 $9.3M 155k 60.37
Celgene Corporation 0.2 $9.2M 80k 115.75
Progressive Corporation (PGR) 0.2 $8.7M 245k 35.50
Brown-Forman Corporation (BF.B) 0.2 $8.8M 195k 44.92
Intel Corporation (INTC) 0.2 $8.5M 235k 36.27
Starbucks Corporation (SBUX) 0.2 $8.7M 156k 55.52
General Dynamics Corporation (GD) 0.2 $8.8M 51k 172.66
Ball Corporation (BALL) 0.2 $8.6M 115k 75.07
iShares Barclays Inter Crd Bd Fund ETF) (IGIB) 0.2 $8.7M 81k 108.19
Rydex S&P Equal Weight ETF 0.2 $8.3M 96k 86.64
Duke Energy (DUK) 0.2 $8.5M 109k 77.62
W.W. Grainger (GWW) 0.1 $7.5M 32k 232.24
Vanguard Total Stock Market ETF (VTI) 0.1 $7.5M 65k 115.32
PowerShares FTSE RAFI US 1000 0.1 $7.9M 80k 99.55
Vanguard Malvern Fds strm infproidx (VTIP) 0.1 $7.7M 157k 49.16
Monsanto Company 0.1 $7.5M 71k 105.21
Range Resources (RRC) 0.1 $7.1M 207k 34.36
Nucor Corporation (NUE) 0.1 $7.2M 120k 59.52
Emerson Electric (EMR) 0.1 $7.1M 127k 55.75
Industrial SPDR (XLI) 0.1 $7.2M 116k 62.22
Vanguard European ETF (VGK) 0.1 $7.3M 152k 47.94
National-Oilwell Var 0.1 $6.7M 179k 37.44
Cerner Corporation 0.1 $6.4M 135k 47.37
Weyerhaeuser Company (WY) 0.1 $5.5M 184k 30.09
SPDR S&P MidCap 400 ETF (MDY) 0.1 $5.6M 19k 301.75
Hca Holdings (HCA) 0.1 $5.7M 77k 74.02
State Street Corporation (STT) 0.1 $5.2M 67k 77.72
iShares MSCI Canada Index (EWC) 0.1 $5.0M 192k 26.15
CBS Corporation 0.1 $4.5M 71k 63.62
McKesson Corporation (MCK) 0.1 $4.6M 33k 140.45
PowerShares DB Gold Fund 0.1 $4.9M 132k 37.03
Oppenheimer Rev Weighted Etf mid cap rev etf 0.1 $4.7M 88k 54.09
Thermo Fisher Scientific (TMO) 0.1 $4.2M 30k 141.12
Becton, Dickinson and (BDX) 0.1 $4.1M 25k 165.53
Oppenheimer Rev Weighted Etf large cap rev et 0.1 $4.4M 101k 43.44
Agilent Technologies Inc C ommon (A) 0.1 $3.7M 81k 45.56
PowerShares FTSE RAFI US 1500 Small-Mid 0.1 $3.7M 33k 115.28
Vanguard Emerging Markets ETF (VWO) 0.1 $3.6M 101k 35.78
Vaneck Vectors Agribusiness alt (MOO) 0.1 $3.4M 67k 51.33
EOG Resources (EOG) 0.1 $3.3M 33k 101.09
Amazon (AMZN) 0.1 $3.2M 4.3k 749.94
PowerShares FTSE RAFI Developed Markets 0.1 $3.0M 81k 37.56
Claymore Exchange-traded Fd gugg crp bd 2017 0.1 $3.3M 147k 22.61
S&p Global (SPGI) 0.1 $3.2M 30k 107.53
Johnson Controls International Plc equity (JCI) 0.1 $3.2M 77k 41.19
Nuance Communications 0.1 $2.4M 163k 14.90
Ishares Inc em mkt min vol (EEMV) 0.1 $2.5M 50k 48.90
Sch Fnd Us Lg Etf schwb fdt us lg (FNDX) 0.1 $2.4M 74k 32.64
Oppenheimer Rev Weighted Etf small cap rev et 0.1 $2.4M 35k 67.12
SPDR S&P Homebuilders (XHB) 0.0 $2.0M 60k 33.85
Claymore Exchange Trd Fd Tr gug bull2018 e 0.0 $2.1M 101k 21.18
Canadian Natl Ry (CNI) 0.0 $1.6M 23k 67.40
Nordstrom (JWN) 0.0 $1.6M 34k 47.94
Altria (MO) 0.0 $1.5M 23k 67.62
Claymore Exchange Trd Fd Tr gug bull2019 e 0.0 $1.5M 73k 21.14
Alphabet Inc Class A cs (GOOGL) 0.0 $1.7M 2.2k 792.34
Rli (RLI) 0.0 $808k 13k 63.16
Coca-Cola Company (KO) 0.0 $803k 19k 41.48
Ecolab (ECL) 0.0 $1.2M 10k 117.26
At&t (T) 0.0 $1.0M 24k 42.52
Analog Devices (ADI) 0.0 $787k 11k 72.59
Lockheed Martin Corporation (LMT) 0.0 $1.2M 4.9k 249.90
Philip Morris International (PM) 0.0 $1.2M 13k 91.52
iShares MSCI EAFE Index Fund (EFA) 0.0 $1.2M 20k 57.71
Linear Technology Corporation 0.0 $789k 13k 62.32
Lowe's Companies (LOW) 0.0 $1.2M 17k 71.13
Discovery Communications 0.0 $926k 34k 27.40
Vanguard Mid-Cap ETF (VO) 0.0 $1.0M 7.7k 131.66
Vanguard Dividend Appreciation ETF (VIG) 0.0 $1.2M 15k 85.19
SPDR S&P Emerging Asia Pacific (GMF) 0.0 $1.0M 14k 75.12
Claymore Exchange Trd Fd Tr gug bull2020 e 0.0 $929k 44k 21.20
Zoetis Inc Cl A (ZTS) 0.0 $1.0M 19k 53.54
Vanguard S&p 500 Etf idx (VOO) 0.0 $805k 3.9k 205.30
BP (BP) 0.0 $341k 9.1k 37.36
Waste Management (WM) 0.0 $344k 4.9k 70.85
Abbott Laboratories (ABT) 0.0 $537k 14k 38.43
Bristol Myers Squibb (BMY) 0.0 $291k 5.0k 58.34
Morgan Stanley (MS) 0.0 $752k 18k 42.25
E.I. du Pont de Nemours & Company 0.0 $298k 4.1k 73.40
Kroger (KR) 0.0 $468k 14k 34.51
American Financial (AFG) 0.0 $661k 7.5k 88.16
ConocoPhillips (COP) 0.0 $414k 8.3k 50.16
eBay (EBAY) 0.0 $420k 14k 29.67
Honeywell International (HON) 0.0 $508k 4.4k 115.90
Stryker Corporation (SYK) 0.0 $712k 5.9k 119.80
iShares Russell 1000 Value Index (IWD) 0.0 $688k 6.1k 112.02
Invesco (IVZ) 0.0 $424k 14k 30.31
iShares Russell 1000 Growth Index (IWF) 0.0 $505k 4.8k 104.99
iShares Russell 2000 Value Index (IWN) 0.0 $385k 3.2k 118.97
iShares Russell 2000 Growth Index (IWO) 0.0 $304k 2.0k 154.08
WisdomTree Emerging Mkts Small Cp Div (DGS) 0.0 $532k 14k 39.14
iShares Russell Midcap Growth Idx. (IWP) 0.0 $357k 3.7k 97.35
Vanguard REIT ETF (VNQ) 0.0 $293k 3.6k 82.51
Vanguard FTSE All Wld Ex USSml Cap (VSS) 0.0 $578k 6.2k 93.95
Schwab Strategic Tr us lrg cap etf (SCHX) 0.0 $520k 9.8k 53.30
Mondelez Int (MDLZ) 0.0 $306k 6.9k 44.35
Ishares Inc core msci emkt (IEMG) 0.0 $691k 16k 42.43
Abbvie (ABBV) 0.0 $670k 11k 62.59
Adient (ADNT) 0.0 $451k 7.7k 58.54
Reinsurance Group of America (RGA) 0.0 $244k 1.9k 125.77
Reynolds American 0.0 $258k 4.6k 56.09
Allstate Corporation (ALL) 0.0 $208k 2.8k 74.29
Colgate-Palmolive Company (CL) 0.0 $229k 3.5k 65.58
International Business Machines (IBM) 0.0 $235k 1.4k 166.31
Nike (NKE) 0.0 $203k 4.0k 50.75
Dollar Tree (DLTR) 0.0 $206k 2.7k 77.01
UGI Corporation (UGI) 0.0 $207k 4.5k 46.00
Cbre Group Inc Cl A (CBRE) 0.0 $235k 7.5k 31.54