0000310407-13-000204.txt : 20130731 0000310407-13-000204.hdr.sgml : 20130731 20130731122219 ACCESSION NUMBER: 0000310407-13-000204 CONFORMED SUBMISSION TYPE: 13F-HR PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20130630 FILED AS OF DATE: 20130731 DATE AS OF CHANGE: 20130731 EFFECTIVENESS DATE: 20130731 FILER: COMPANY DATA: COMPANY CONFORMED NAME: MADISON INVESTMENT HOLDINGS INC CENTRAL INDEX KEY: 0001138060 IRS NUMBER: 391194160 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 13F-HR SEC ACT: 1934 Act SEC FILE NUMBER: 028-03477 FILM NUMBER: 13998245 BUSINESS ADDRESS: STREET 1: 550 SCIENCE DR CITY: MADISON STATE: WI ZIP: 53711 BUSINESS PHONE: 6082740300 MAIL ADDRESS: STREET 1: 550 SCIENCE DR CITY: MADISON STATE: WI ZIP: 53711 FORMER COMPANY: FORMER CONFORMED NAME: MADISON INVESTMENT ADVISORS INC DATE OF NAME CHANGE: 20010411 13F-HR 1 primary_doc.xml 13F-HR LIVE false false false 0001138060 XXXXXXXX 06-30-2013 06-30-2013 MADISON INVESTMENT HOLDINGS INC

550 SCIENCE DR MADISON WI 53711

13F HOLDINGS REPORT 028-03477 Y Madison Asset Management, LLC, Madison Investment Advisors, LLC and Madison Investment Holdings, Inc. share all resources and personnel at their 550 Science Drive offices and, as such, no distinction is made among the three in the Information Table presented in this report. Richard Mason 480-443-9537 W Richard Mason Scottsdale AZ 07-25-2013 2 230 4574037 false 1 0001299351 028-10986 Madison Asset Management, LLC 2 0001507115 028-14137 Madison Investment Advisors, LLC INFORMATION TABLE 2 mihiholdingsfile0613.xml QUARTERLY HOLDINGS 06 2013 3M Company COM 88579Y101 86277 789001 SH SOLE 763117 0 25884 AbbVie Inc. COM 00287Y109 212 5124 SH SOLE 5124 0 0 Accenture PLC - Class A COM G1151C101 58067 806935 SH SOLE 773850 0 33085 ADT Corporation (The) COM 00101J106 264 6614 SH SOLE 6614 0 0 Advance Auto Parts COM 00751Y106 46157 568641 SH SOLE 554567 0 14074 Air Products & Chemicals COM 009158106 15868 173288 SH SOLE 173288 0 0 Allergan Inc COM 018490102 11794 140005 SH SOLE 140005 0 0 Altera Corp. COM 021441100 1320 40000 SH SOLE 40000 0 0 Altria Group Inc. COM 02209S103 421 12043 SH SOLE 12043 0 0 Amazon.com, Inc. COM 023135106 15663 56403 SH SOLE 56403 0 0 American Financial Group Inc. COM 025932104 478 9765 SH SOLE 9765 0 0 American International Group COM 026874784 18998 425000 SH SOLE 425000 0 0 Amgen Inc. COM 031162100 475 4810 SH SOLE 4810 0 0 Amphenol Corp Class A COM 032095101 24314 311952 SH SOLE 304361 0 7591 Analog Devices Inc. COM 032654105 591 13110 SH SOLE 13110 0 0 Apache Corporation COM 037411105 48976 584229 SH SOLE 570201 0 14028 Apple Inc. COM 037833100 34540 87105 SH SOLE 87105 0 0 Arch Capital Group LTD COM G0450A105 45196 879128 SH SOLE 862533 0 16595 AT&T Corp. COM 00206R102 22226 627850 SH SOLE 627850 0 0 Automatic Data Processing Inc. COM 053015103 10238 148682 SH SOLE 148682 0 0 Bank of America Corporation COM 060505104 1530 119000 SH SOLE 119000 0 0 Bank Of New York Mellon Corpor COM 064058100 16960 604652 SH SOLE 604652 0 0 Baxter International Inc. COM 071813109 648 9355 SH SOLE 9355 0 0 BB&T Corporation COM 054937107 27546 813042 SH SOLE 813042 0 0 Becton, Dickinson COM 075887109 34066 344694 SH SOLE 326537 0 18157 Bed Bath & Beyond Inc. COM 075896100 37458 527954 SH SOLE 512139 0 15815 Berkshire Hathaway, Inc. Cl B COM 084670702 69426 620320 SH SOLE 594354 0 25966 Best Buy Company COM 086516101 3807 139300 SH SOLE 139300 0 0 Biogen Idec COM 09062X103 6642 30863 SH SOLE 30863 0 0 Blackrock Inc COM 09247X101 11729 45665 SH SOLE 45665 0 0 Boeing Company (The) COM 097023105 25799 251844 SH SOLE 251844 0 0 Bristol-Myers Squibb COM 110122108 218 4888 SH SOLE 4888 0 0 Broadcom Corp COM 111320107 5056 149600 SH SOLE 149600 0 0 Brookfield Asset Management COM 112585104 83295 2312473 SH SOLE 2255907 0 56566 Brown-Forman Corporation COM 115637209 10549 156166 SH SOLE 150640 0 5526 Brown & Brown Inc. COM 115236101 26139 810751 SH SOLE 789980 0 20771 C.H. Robinson Worldwide Inc. COM 12541W209 65520 1163551 SH SOLE 1124236 0 39315 Canadian Natural Resources COM 136385101 4835 171100 SH SOLE 171100 0 0 Canadian Oil Sands Ltd. COM 13643E105 338 18225 SH SOLE 18225 0 0 CarMax Inc. COM 143130102 43783 948501 SH SOLE 923810 0 24691 CBS Corp-Cl B COM 124857202 10142 207530 SH SOLE 207530 0 0 Celgene COM 151020104 8662 74049 SH SOLE 74049 0 0 Cerner Corporation COM 156782104 6233 64864 SH SOLE 64864 0 0 Check Point Software Tech. COM M22465104 3726 75000 SH SOLE 75000 0 0 Chevron Corporation COM 166764100 41950 354489 SH SOLE 354489 0 0 Chipotle Mexican Grill COM 169656105 2800 7685 SH SOLE 7685 0 0 Cisco Systems Inc. COM 17275R102 2630 108095 SH SOLE 108095 0 0 Coca Cola Co COM 191216100 6193 154388 SH SOLE 154388 0 0 Colfax Corp COM 194014106 23871 458096 SH SOLE 443518 0 14578 Colgate Palmolive Co. COM 194162103 274 4790 SH SOLE 4790 0 0 ConocoPhillips COM 20825C104 23459 387748 SH SOLE 387748 0 0 Copart Inc COM 217204106 58421 1896778 SH SOLE 1842237 0 54541 Costco Wholesale Corp COM 22160K105 10431 94341 SH SOLE 94341 0 0 Crown Holdings Inc. COM 228368106 41691 1013645 SH SOLE 983711 0 29934 CVS Caremark Corporation COM 126650100 826 14446 SH SOLE 14446 0 0 Danaher Corp COM 235851102 55782 881234 SH SOLE 850314 0 30920 Deere & Co COM 244199105 244 3000 SH SOLE 3000 0 0 Dentsply Int'l, Inc. COM 249030107 25285 617304 SH SOLE 601597 0 15707 Diageo ADR ADR 25243Q205 32165 279816 SH SOLE 268318 0 11498 Diamond Offshore Drilling COM 25271C102 345 5009 SH SOLE 5009 0 0 DIRECTV Group COM 25490A309 28553 463225 SH SOLE 463225 0 0 Discovery Communications, Inc. COM 25470F302 39434 565179 SH SOLE 554713 0 10466 Dollar Tree Inc. COM 256746108 427 8390 SH SOLE 8390 0 0 DST Systems Inc. COM 233326107 211 3230 SH SOLE 3230 0 0 Duke Energy Corp COM 26441C204 212 3147 SH SOLE 3147 0 0 Dupont (E.I.) de Nemours and C COM 263534109 210 4000 SH SOLE 4000 0 0 eBay Inc. COM 278642103 14768 285545 SH SOLE 285545 0 0 Ecolab Inc. COM 278865100 36675 430508 SH SOLE 420654 0 9854 EMC Corporation COM 268648102 6880 291267 SH SOLE 291267 0 0 Emerson Electric COM 291011104 20610 377889 SH SOLE 377889 0 0 ENSCO International PLC ADR ADR G3157S106 24897 428376 SH SOLE 416571 0 11805 Expeditors International Wash COM 302130109 44464 1168888 SH SOLE 1146983 0 21905 Express Scripts Holding Compan COM 30219G108 544 8817 SH SOLE 8817 0 0 Exxon Mobil Corporation COM 30231G102 23834 263796 SH SOLE 263796 0 0 Facebook Inc. - A COM 30303M102 2453 98610 SH SOLE 98610 0 0 Fedex Corp COM 31428X106 21884 221995 SH SOLE 221995 0 0 Flextronics Intl LTD COM Y2573F102 2012 260000 SH SOLE 260000 0 0 FMC Corp. COM 302491303 492 8065 SH SOLE 8065 0 0 Freeport-McMoran Copper & Gold COM 35671D857 5798 210000 SH SOLE 210000 0 0 General Dynamics Corp COM 369550108 15670 200057 SH SOLE 200057 0 0 General Electric Company COM 369604103 429 18488 SH SOLE 18488 0 0 General Mills COM 370334104 327 6745 SH SOLE 6745 0 0 Gentex Corp COM 371901109 397 17230 SH SOLE 17230 0 0 Glacier Bancorp Inc COM 37637Q105 24069 1084696 SH SOLE 1054353 0 30343 Google Inc COM 38259P508 51201 58159 SH SOLE 55813 0 2346 Grainger, W.W. COM 384802104 4171 16540 SH SOLE 16540 0 0 Guggenheim BulletShares 2016 C COM 18383M555 247 11193 SH SOLE 11193 0 0 Guggenheim BulletShares 2017 C COM 18383M548 246 11012 SH SOLE 11012 0 0 Home Depot Inc. COM 437076102 9092 117368 SH SOLE 117368 0 0 Idex Corp. COM 45167R104 26940 500659 SH SOLE 485914 0 14745 Illinois Tool Works COM 452308109 256 3702 SH SOLE 3702 0 0 Intel Corporation COM 458140100 4754 196206 SH SOLE 196206 0 0 International Business Machine COM 459200101 21094 110377 SH SOLE 110377 0 0 International Flavors & Fragan COM 459506101 2238 29773 SH SOLE 29773 0 0 Invesco Ltd. COM G491BT108 449 14115 SH SOLE 14115 0 0 iPATH Dow Jones-UBS Commodity COM 06738C778 227 6211 SH SOLE 6211 0 0 iShares 20+ Year Treasury Bond COM 464287432 33153 300195 SH SOLE 300195 0 0 iShares Barclays TIPS Bond ETF COM 464287176 2927 26134 SH SOLE 26134 0 0 iShares Core MSCI Emerging Mar COM 46434G103 863 18734 SH SOLE 18734 0 0 iShares Core S&P Small-Cap ETF COM 464287804 1527 16907 SH SOLE 16907 0 0 iShares MSCI EAFE ETF COM 464287465 3731 65110 SH SOLE 65110 0 0 iShares Russell Mid-Cap ETF COM 464287499 17905 137844 SH SOLE 137844 0 0 iShares S&P 100 ETF COM 464287101 78719 1094076 SH SOLE 1094076 0 0 iShares S&P Micap 400 COM 464287507 39603 342884 SH SOLE 342884 0 0 iShares S&P North American Nat COM 464287374 2212 57821 SH SOLE 57821 0 0 Jacobs Engineering Group, Inc. COM 469814107 43507 789168 SH SOLE 768173 0 20995 JM Smucker Company (The) COM 832696405 513 4970 SH SOLE 4970 0 0 Johnson & Johnson COM 478160104 96490 1123810 SH SOLE 1084386 0 39424 JPMorgan Chase & Co. COM 46625H100 1416 26827 SH SOLE 26827 0 0 Kinder Morgan Inc. COM 49456B101 645 16910 SH SOLE 16910 0 0 Kohl's Corporation COM 500255104 1230 24355 SH SOLE 24355 0 0 Kroger Co. (The) COM 501044101 458 13270 SH SOLE 13270 0 0 Laboratory Crp of Amer Hldgs COM 50540R409 38026 379878 SH SOLE 370992 0 8886 Leucadia National Corp COM 527288104 26745 1020032 SH SOLE 990195 0 29837 Liberty Global plc -Series C COM G5480U120 31538 464546 SH SOLE 450858 0 13688 Lilly, Eli & Co COM 532457108 334 6800 SH SOLE 6800 0 0 Linear Tech Corp. COM 535678106 18787 509967 SH SOLE 509967 0 0 Lowe's Companies Inc. COM 548661107 1034 25275 SH SOLE 25275 0 0 Lululemon Athletica Inc. COM 550021109 12036 183756 SH SOLE 183756 0 0 M & T Bank Corp COM 55261F104 70490 630783 SH SOLE 615770 0 15013 Markel Corporation COM 570535104 121008 229638 SH SOLE 223895 0 5743 Market Vectors Agribusiness ET COM 57060U605 1123 21945 SH SOLE 21945 0 0 Market Vectors Gold Miners ETF COM 57060U100 607 24803 SH SOLE 24803 0 0 McDonald's Corporation COM 580135101 51544 520643 SH SOLE 502475 0 18168 McKesson Corporation COM 58155Q103 885 7730 SH SOLE 7730 0 0 Medtronic Inc. COM 585055106 22100 429374 SH SOLE 429374 0 0 Merck & Co COM 58933Y105 40118 863687 SH SOLE 863687 0 0 Microchip Technology COM 595017104 4599 123470 SH SOLE 123470 0 0 MICROS Systems Inc. COM 594901100 59076 1369081 SH SOLE 1327936 0 41145 Microsoft Corporation COM 594918104 80905 2342013 SH SOLE 2266393 0 75620 Monsanto Co COM 61166W101 17643 178572 SH SOLE 178572 0 0 Morgan Stanley COM 617446448 10852 444200 SH SOLE 444200 0 0 Mosaic Co/The COM 61945c103 54300 1009110 SH SOLE 980470 0 28640 Mylan Labs COM 628530107 2793 90000 SH SOLE 90000 0 0 National-Oilwell Varco Inc COM 637071101 12421 180275 SH SOLE 180275 0 0 Nestle SA Spons ADR ADR 641069406 57799 878674 SH SOLE 847779 0 30895 NIKE Inc. - Class B COM 654106103 34680 544594 SH SOLE 516131 0 28463 Noble Corporation COM H5833N103 345 9185 SH SOLE 9185 0 0 Noble Energy Inc. COM 655044105 457 7610 SH SOLE 7610 0 0 Northern Tr Corp COM 665859104 32007 552793 SH SOLE 524097 0 28696 Novartis Ag ADR ADR 66987V109 14929 211135 SH SOLE 211135 0 0 Nuance Communications Inc. COM 67020Y100 4950 269000 SH SOLE 269000 0 0 Occidental Petroleum COM 674599105 24034 269348 SH SOLE 269348 0 0 Omnicom Group Inc. COM 681919106 97725 1554391 SH SOLE 1521555 0 32836 ONEOK Partners L.P. COM 68268N103 396 8000 SH SOLE 8000 0 0 Oracle Corporation COM 68389X105 64855 2111866 SH SOLE 2037026 0 74840 PACCAR Inc. COM 693718108 22069 411274 SH SOLE 386899 0 24375 Panera Bread Company COM 69840W108 4393 23626 SH SOLE 23626 0 0 Partnerre Ltd COM G6852T105 6596 72835 SH SOLE 72835 0 0 People's United Financial Inc. COM 712704105 677 45424 SH SOLE 45424 0 0 PepsiCo Inc. COM 713448108 17038 208311 SH SOLE 208311 0 0 Perrigo Company COM 714290103 25000 206613 SH SOLE 199144 0 7469 Petroleo Brasileiro SA Petrobr ADR 71654V408 3554 265000 SH SOLE 265000 0 0 Pfizer Inc. COM 717081103 42902 1531683 SH SOLE 1531683 0 0 Philip Morris International In COM 718172109 28107 324487 SH SOLE 324487 0 0 Phillips 66 COM 718546104 284 4814 SH SOLE 4814 0 0 PIMCO Total Return Exchange-Tr COM 72201R775 29985 284275 SH SOLE 284275 0 0 PNC Financial Services Group I COM 693475105 964 13220 SH SOLE 13220 0 0 PowerShares FTSE RAFI Develope COM 73936T789 2650 71974 SH SOLE 71974 0 0 PowerShares FTSE RAFI Emerging COM 73936T763 542 28304 SH SOLE 28304 0 0 PowerShares FTSE RAFI US 1000 COM 73935X583 3433 47678 SH SOLE 47678 0 0 PowerShares FTSE RAFI US 1500 COM 73935X567 1846 22783 SH SOLE 22783 0 0 PowerShares QQQ Trust, Series COM 73935A104 7666 107568 SH SOLE 107568 0 0 Praxair, Inc. COM 74005P104 1734 15061 SH SOLE 15061 0 0 Priceline.com Incorporated COM 741503403 7908 9566 SH SOLE 9566 0 0 Procter & Gamble Company (The) COM 742718109 21114 274238 SH SOLE 274238 0 0 QUALCOMM Inc. COM 747525103 79313 1298303 SH SOLE 1265352 0 32951 Realty Income Corporation COM 756109104 204 4867 SH SOLE 4867 0 0 Reinsurance Group of America I COM 759351604 708 10245 SH SOLE 10245 0 0 Republic Services Inc. COM 760759100 487 14350 SH SOLE 14350 0 0 RevenueShares ADR Fund COM 761396605 891 25848 SH SOLE 25848 0 0 RevenueShares Large Cap Fund E COM 761396100 2674 85168 SH SOLE 85168 0 0 RevenueShares Mid Cap Fund ETF COM 761396209 1878 49108 SH SOLE 49108 0 0 RevenueShares Small Cap Fund E COM 761396308 1254 28687 SH SOLE 28687 0 0 Reynolds American Inc. COM 761713106 387 8000 SH SOLE 8000 0 0 Ritchie Bros Auctioneers COM 767744105 22334 1162040 SH SOLE 1125880 0 36160 RLI Corp COM 749607107 609 7975 SH SOLE 7975 0 0 Roper Industries Inc COM 776696106 6316 50842 SH SOLE 50842 0 0 Schlumberger Ltd COM 806857108 64313 897472 SH SOLE 877064 0 20408 SPDR Gold Trust COM 78463V107 2039 17121 SH SOLE 17121 0 0 SPDR MSCI ACWI (ex-US) ETF COM 78463X848 590 18876 SH SOLE 18876 0 0 SPDR S&P 500 ETF Trust COM 78462F103 51528 321207 SH SOLE 321207 0 0 SPDR S&P Dividend ETF COM 78464A763 1759 26538 SH SOLE 26538 0 0 SPDR S&P Midcap 400 ETF Trust COM 78467Y107 3296 15689 SH SOLE 15689 0 0 Staples Inc. COM 855030102 2539 160000 SH SOLE 160000 0 0 Starbucks Corp COM 855244109 5661 86411 SH SOLE 86411 0 0 Stryker Corporation COM 863667101 601 9290 SH SOLE 9290 0 0 Sysco Corp COM 871829107 4245 124272 SH SOLE 124272 0 0 T Rowe Price Group Inc. COM 74144T108 10638 145330 SH SOLE 145330 0 0 Target Corporation COM 87612E106 53872 782337 SH SOLE 754814 0 27523 Techne Corp COM 878377100 30730 444850 SH SOLE 431061 0 13789 Teva Pharmaceutical Industries ADR 881624209 6468 165000 SH SOLE 165000 0 0 The Travelers Companies Inc COM 89417E109 31345 392199 SH SOLE 392199 0 0 Tiffany & Co. COM 886547108 25540 350637 SH SOLE 338906 0 11731 Time Warner, Inc. COM 887317303 22984 397504 SH SOLE 397504 0 0 TJX Companies Inc. COM 872540109 56673 1132103 SH SOLE 1106257 0 25846 Tortiose MLP Fund Inc. COM 89148B101 1630 55762 SH SOLE 55762 0 0 Tyco International Ltd. COM H89128104 382 11590 SH SOLE 11590 0 0 U.S. Bancorp COM 902973304 64122 1773784 SH SOLE 1715867 0 57917 United Parcel Services Inc. - COM 911312106 53320 616555 SH SOLE 602711 0 13844 United Technologies COM 913017109 38548 414764 SH SOLE 414764 0 0 Unitedhealth Group Inc. COM 91324P102 24072 367622 SH SOLE 367622 0 0 Vanguard Dividend Appreciation COM 921908844 42940 648640 SH SOLE 648640 0 0 Vanguard FTSE All-World Ex-US COM 922042775 106620 2411121 SH SOLE 2411121 0 0 Vanguard FTSE All World ex-US COM 922042718 248 2782 SH SOLE 2782 0 0 Vanguard FTSE Emerging Markets COM 922042858 5942 153175 SH SOLE 153175 0 0 Vanguard Health Care ETF COM 92204A504 21417 247906 SH SOLE 247906 0 0 Vanguard Info Technology Index COM 92204A702 42290 571638 SH SOLE 571638 0 0 Vanguard Int-Term Corp Bond Fu COM 92206C870 16325 196662 SH SOLE 196662 0 0 Vanguard Large Cap ETF COM 922908637 42491 578815 SH SOLE 578815 0 0 Vanguard Mega Cap 300 Growth E COM 921910816 597 9890 SH SOLE 9890 0 0 Vanguard Short-Term Bond ETF COM 921937827 27514 343620 SH SOLE 343620 0 0 Vanguard Total Bond Market ETF COM 921937835 84305 1042348 SH SOLE 1042348 0 0 Vanguard Value ETF COM 922908744 2920 43190 SH SOLE 43190 0 0 Verizon Communications COM 92343V104 480 9543 SH SOLE 9543 0 0 Viacom Inc. - Cl B COM 92553P201 16909 248550 SH SOLE 248550 0 0 Visa Inc. - Class A Shares COM 92826C839 25678 140507 SH SOLE 134170 0 6337 W.R. Berkley Corporation COM 084423102 47723 1167961 SH SOLE 1143116 0 24845 Wabtec Corporation COM 929740108 27687 518186 SH SOLE 504998 0 13188 Wal-Mart Stores COM 931142103 15957 214223 SH SOLE 214223 0 0 Walt Disney Company (The) COM 254687106 5569 88187 SH SOLE 88187 0 0 Waste Management, Inc. COM 94106L109 4488 111272 SH SOLE 111272 0 0 Wells Fargo & Company COM 949746101 35345 856443 SH SOLE 856443 0 0 Wisconsin Energy Corporation COM 976657106 225 5497 SH SOLE 5497 0 0 WisdomTree Emerging Markets Sm COM 97717W281 932 20235 SH SOLE 20235 0 0 WisdomTree Europe Hedged Equit COM 97717X701 1774 36896 SH SOLE 36896 0 0 WisdomTree Japan Hedged Equity COM 97717w851 21147 463657 SH SOLE 463657 0 0 WisdomTree MidCap Dividend fun COM 97717W505 254 3875 SH SOLE 3875 0 0 WisdomTree SmallCap Dividend F COM 97717W604 450 7704 SH SOLE 7704 0 0 World Fuel Services COM 981475106 28642 716399 SH SOLE 695571 0 20828