0001138060-18-000003.txt : 20180212 0001138060-18-000003.hdr.sgml : 20180212 20180212143733 ACCESSION NUMBER: 0001138060-18-000003 CONFORMED SUBMISSION TYPE: 13F-HR PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20171231 FILED AS OF DATE: 20180212 DATE AS OF CHANGE: 20180212 EFFECTIVENESS DATE: 20180212 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: 18595787 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 12-31-2017 12-31-2017 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 office, and such, no distinction is made among the three in the information table presented in the report. Due to rounding, certain dollar values may be higher or lower than the amounts would have been absent such rounding. TREY D. EDGERLE 608-216-9193 TREY D. EDGELRE MADISON WI 02-12-2018 2 257 5859722 false 1 0001299351 028-10986 Madison Asset Management, LLC 2 0001507115 028-14137 Madison Investment Advisors, LLC INFORMATION TABLE 2 mihi13f4q2017informationta.xml INFORMATION TABLE 3M Company COM 88579Y101 15383 65358 SH SOLE 64146 0 1212 Abbott Laboratories COM 002824100 260 4548 SH SOLE 4482 0 66 Accenture PLC - Class A COM G1151C101 67670 442030 SH SOLE 428930 0 13100 Allergan PLC COM G0177J108 2791 17064 SH SOLE 17064 0 0 Allstate Corp COM 020002101 293 2800 SH SOLE 2800 0 0 Alphabet Inc - Class A CAP STK CL A 02079K305 904 858 SH SOLE 858 0 0 Alphabet Inc - Class C CAP STK CL C 02079K107 64627 61761 SH SOLE 60012 0 1749 Altria Group Inc. COM 02209S103 742 10394 SH SOLE 10394 0 0 Amazon.com Inc COM 023135106 3421 2925 SH SOLE 2925 0 0 American Financial Group Inc. COM 025932104 785 7232 SH SOLE 7232 0 0 American Tower Corp COM 03027X100 74613 522977 SH SOLE 502431 0 20546 Amgen Inc COM 031162100 20339 116960 SH SOLE 116215 0 745 Amphenol Corp - Class A CL A 032095101 24790 282349 SH SOLE 273323 0 9026 Analog Devices Inc COM 032654105 19926 223814 SH SOLE 222084 0 1730 Apache Corporation COM 037411105 15728 372517 SH SOLE 372517 0 0 Apple Inc COM 037833100 32347 191143 SH SOLE 190253 0 890 Arch Capital Group Ltd ORD G0450A105 35001 385598 SH SOLE 372913 0 12685 AT&T Inc COM 00206R102 365 9384 SH SOLE 9384 0 0 Automatic Data Processing Inc COM 053015103 11713 99948 SH SOLE 98728 0 1220 Axalta Coating Systems Ltd COM G0750C108 44198 1365814 SH SOLE 1320842 0 44972 Baker Hughes a GE Co CL A 05722G100 8524 269400 SH SOLE 269400 0 0 Bank of America Corporation COM 060505104 27203 921514 SH SOLE 921514 0 0 Bank of New York Mellon Corpor COM 064058100 19813 367869 SH SOLE 367869 0 0 Baxter International Inc. COM 071813109 29521 456705 SH SOLE 456705 0 0 BB&T Corporation COM 054937107 11052 222279 SH SOLE 222129 0 150 Becton, Dickinson and Company COM 075887109 6338 29609 SH SOLE 28564 0 1045 Berkshire Hathaway Inc - Cl B CL B 084670702 84901 428318 SH SOLE 413908 0 14410 Biogen Inc COM 09062X103 5129 16099 SH SOLE 16099 0 0 Boeing Company (The) COM 097023105 19039 64560 SH SOLE 64488 0 72 Bristol-Myers Squibb Co COM 110122108 307 5013 SH SOLE 5013 0 0 Brookfield Asset Management In CL A LTD VT SH 112585104 101339 2327500 SH SOLE 2237642 0 89858 Brown-Forman Corporation CL B 115637209 19847 289021 SH SOLE 279867 0 9154 Brown & Brown Inc. COM 115236101 46899 911363 SH SOLE 881682 0 29681 Canadian Natural Resources Ltd COM 136385101 14737 412570 SH SOLE 412570 0 0 CarMax Inc. COM 143130102 71538 1115521 SH SOLE 1073957 0 41564 Carnival Corp COM 143658300 14976 225646 SH SOLE 222851 0 2795 Caterpillar Inc COM 149123101 12389 78623 SH SOLE 78533 0 90 CBRE Group Inc CL A 12504L109 220 5071 SH SOLE 5071 0 0 CBS Corp - Cl B CL B 124857202 5775 97879 SH SOLE 97879 0 0 CDW Corp/DE COM 12514G108 77168 1110484 SH SOLE 1069394 0 41090 Celgene Corp COM 151020104 6444 61748 SH SOLE 61720 0 28 Cerner Corporation COM 156782104 4522 67100 SH SOLE 67100 0 0 Charles Schwab Corp/The COM 808513105 28715 558984 SH SOLE 538867 0 20117 Chevron Corporation COM 166764100 28243 225599 SH SOLE 223889 0 1710 Chubb Ltd COM H1467J104 12844 87892 SH SOLE 86620 0 1272 Ciena Corp COM 171779309 8433 402900 SH SOLE 402900 0 0 Cisco Systems Inc COM 17275R102 25141 656434 SH SOLE 651070 0 5364 Citigroup Inc. COM 172967424 7337 98598 SH SOLE 98598 0 0 CME Group Inc/IL COM 12572Q105 18240 124887 SH SOLE 124737 0 150 Coca-Cola Co COM 191216100 885 19283 SH SOLE 19033 0 250 Colgate-Palmolive Co COM 194162103 262 3471 SH SOLE 3471 0 0 Comcast Corp - Cl A CL A 20030N101 46488 1160739 SH SOLE 1113015 0 47724 Copart Inc COM 217204106 95156 2203201 SH SOLE 2121912 0 81289 Costco Wholesale Corp COM 22160K105 24405 131127 SH SOLE 129679 0 1448 Crown Castle International Cor COM 22822V101 28645 258036 SH SOLE 249545 0 8491 Crown Holdings Inc. COM 228368106 34390 611382 SH SOLE 591578 0 19804 CVS Health Corp COM 126650100 14148 195146 SH SOLE 193821 0 1325 Danaher Corp COM 235851102 57240 616678 SH SOLE 592817 0 23861 DaVita Inc COM 23918K108 40932 566536 SH SOLE 547452 0 19084 Delta Air Lines Inc. COM 247361702 20454 365253 SH SOLE 365253 0 0 Diageo PLC ADR SPON ADR 25243Q205 58249 398883 SH SOLE 386121 0 12762 Discovery Communications Inc - COM SER C 25470F302 4448 210100 SH SOLE 210100 0 0 Discovery Communications Inc. COM SER A 25470F104 756 33800 SH SOLE 33800 0 0 Dollar General Corp COM 256677105 1844 19825 SH SOLE 19825 0 0 Dollar Tree Inc. COM 256746108 218 2035 SH SOLE 2035 0 0 Dominion Resources Inc COM 25746U109 8648 106682 SH SOLE 106572 0 110 DowDuPont Inc COM 26078J100 31433 441351 SH SOLE 441351 0 0 Duke Energy Corp COM 26441C204 8323 98957 SH SOLE 98852 0 105 eBay Inc. COM 278642103 535 14175 SH SOLE 14175 0 0 Ecolab Inc. COM 278865100 1330 9915 SH SOLE 9915 0 0 Emerson Electric Co COM 291011104 13553 194481 SH SOLE 194261 0 220 EOG Resources Inc. COM 26875P101 22103 204827 SH SOLE 204827 0 0 Expeditors International of Wa COM 302130109 46697 721851 SH SOLE 698275 0 23576 Express Scripts Holding Compan COM 30219G108 14879 199340 SH SOLE 199306 0 34 Exxon Mobil Corporation COM 30231G102 21301 254669 SH SOLE 253334 0 1335 Fastenal Co. COM 311900104 56680 1036393 SH SOLE 1015825 0 20568 FedEx Corp COM 31428X106 18433 73866 SH SOLE 73866 0 0 Fortive Corp COM 34959J108 481 6652 SH SOLE 6652 0 0 Freeport-McMoRan Inc CL B 35671D857 27175 1433260 SH SOLE 1433260 0 0 General Dynamics Corp COM 369550108 5347 26280 SH SOLE 26280 0 0 General Motors Co COM 37045V100 21767 531025 SH SOLE 531025 0 0 Gilead Sciences Inc. COM 375558103 17322 241793 SH SOLE 241793 0 0 Glacier Bancorp Inc COM 37637Q105 27952 709629 SH SOLE 686658 0 22971 Halliburton Co COM 406216101 4875 99755 SH SOLE 99755 0 0 Hartford Financial Services Gr COM 416515104 21004 373209 SH SOLE 373209 0 0 Henry Schein Inc COM 806407102 71503 1023231 SH SOLE 985509 0 37722 Home Depot Inc. COM 437076102 31428 165823 SH SOLE 163972 0 1851 Humana Inc COM 444859102 12174 49075 SH SOLE 49075 0 0 IHS Markit Ltd SHS G47567105 40032 886646 SH SOLE 857663 0 28983 Intel Corporation COM 458140100 1633 35383 SH SOLE 35285 0 98 Invesco Ltd SHS G491BT108 505 13817 SH SOLE 13817 0 0 Jacobs Engineering Group Inc COM 469814107 53509 811236 SH SOLE 778137 0 33099 JM Smucker Company (The) COM 832696405 39478 317752 SH SOLE 308653 0 9099 Johnson & Johnson COM 478160104 64984 465099 SH SOLE 453095 0 12004 JPMorgan Chase & Co COM 46625H100 29927 279845 SH SOLE 279787 0 58 Kroger Co. (The) COM 501044101 778 28353 SH SOLE 28353 0 0 Laboratory Corp of America Hol COM 50540R409 42927 269117 SH SOLE 260366 0 8751 Liberty Broadband Corporation COM SER C 530307305 47395 556536 SH SOLE 538322 0 18214 Liberty Global plc -Series C SHS CL C G5480U120 47629 1407479 SH SOLE 1365326 0 42153 Lowe's Cos Inc COM 548661107 13799 148469 SH SOLE 148469 0 0 Marathon Petroleum Corp COM 56585A102 20379 308870 SH SOLE 308870 0 0 Markel Corporation COM 570535104 94132 82635 SH SOLE 79529 0 3106 McDonald's Corporation COM 580135101 19853 115347 SH SOLE 114211 0 1136 McKesson Corporation COM 58155Q103 5020 32188 SH SOLE 32188 0 0 Medtronic PLC SHS G5960L103 14358 177810 SH SOLE 177650 0 160 Merck & Co Inc COM 58933Y105 12096 214958 SH SOLE 214738 0 220 Microsoft Corporation COM 594918104 46267 540884 SH SOLE 536794 0 4090 Mondelez International Inc. - CL A 609207105 336 7840 SH SOLE 7840 0 0 Monsanto Co COM 61166W101 7427 63595 SH SOLE 63485 0 110 National Oilwell Varco Inc COM 637071101 4762 132200 SH SOLE 132200 0 0 Nestle SA - Spons ADR COM 641069406 30951 360021 SH SOLE 357296 0 2725 NextEra Energy Inc. COM 65339F101 17464 111810 SH SOLE 110135 0 1675 NIKE Inc. - Class B CL B 654106103 226 3618 SH SOLE 3618 0 0 Nordstrom Inc COM 655664100 2478 52300 SH SOLE 52300 0 0 Northern Trust Corp COM 665859104 18973 189937 SH SOLE 189872 0 65 Novartis AG ADR SPONSORED ADR 66987V109 65615 781506 SH SOLE 756967 0 24539 NRG Energy Inc COM 629377508 29169 1024205 SH SOLE 1024205 0 0 O'Reilly Automotive Inc COM 67103H107 56891 236513 SH SOLE 227994 0 8519 Occidental Petroleum Corp COM 674599105 4309 58500 SH SOLE 58500 0 0 Oceaneering International Inc COM 675232102 10286 486587 SH SOLE 468915 0 17672 Omnicom Group Inc. COM 681919106 91766 1260001 SH SOLE 1214483 0 45518 Oracle Corporation COM 68389X105 56804 1201432 SH SOLE 1157698 0 43734 PayPal Holdings Inc COM 70450Y103 3852 52322 SH SOLE 52294 0 28 PepsiCo Inc. COM 713448108 22330 186211 SH SOLE 186071 0 140 Pfizer Inc. COM 717081103 22286 615293 SH SOLE 608028 0 7265 Philip Morris International In COM 718172109 216 2048 SH SOLE 2048 0 0 PNC Financial Services Group I COM 693475105 27493 190539 SH SOLE 188149 0 2390 PPG Industries Inc. COM 693506107 62013 530843 SH SOLE 509560 0 21283 Praxair Inc COM 74005P104 88095 569529 SH SOLE 551528 0 18001 Procter & Gamble Company (The) COM 742718109 18473 201058 SH SOLE 199313 0 1745 Progressive Corp. COM 743315103 6130 108848 SH SOLE 101673 0 7175 QUALCOMM Inc. COM 747525103 13298 207718 SH SOLE 207718 0 0 Range Resources Corporation COM 75281A109 7322 429200 SH SOLE 429200 0 0 Regions Financial Corp COM 7591EP100 8395 485841 SH SOLE 485841 0 0 Reinsurance Group of America I COM 759351604 271 1738 SH SOLE 1738 0 0 Rio Tinto PLC - Sponsored ADR SPONSORED ADR 767204100 17043 321985 SH SOLE 321985 0 0 RLI Corp COM 749607107 812 13385 SH SOLE 13385 0 0 Ross Stores Inc COM 778296103 38854 484161 SH SOLE 468620 0 15541 Schlumberger Ltd COM 806857108 21240 315182 SH SOLE 315162 0 20 Seagate Technology PLC SHS G7945M107 19561 467510 SH SOLE 467510 0 0 Southern Co COM 842587107 452 9390 SH SOLE 9390 0 0 Starbucks Corp COM 855244109 4925 85760 SH SOLE 85760 0 0 Steel Dynamics Inc COM 858119100 3299 76500 SH SOLE 76500 0 0 Stryker Corporation COM 863667101 898 5799 SH SOLE 5799 0 0 T-Mobile US Inc COM 872590104 34038 535945 SH SOLE 535945 0 0 TE Connectivity Ltd REG SHS H84989104 76422 804105 SH SOLE 784892 0 19213 Texas Instruments Inc COM 882508104 9992 95676 SH SOLE 95566 0 110 Textron Inc COM 883203101 27347 483255 SH SOLE 483255 0 0 Tiffany & Co. COM 886547108 359 3455 SH SOLE 3455 0 0 TJX Cos Inc COM 872540109 80506 1052911 SH SOLE 1012402 0 40509 Travelers Cos Inc COM 89417E109 14455 106566 SH SOLE 106441 0 125 U.S. Bancorp COM 902973304 97831 1825891 SH SOLE 1781909 0 43982 UGI Corp COM 902681105 211 4500 SH SOLE 4500 0 0 Union Pacific Corp COM 907818108 19394 144624 SH SOLE 143169 0 1455 United Parcel Service Inc - Cl CL B 911312106 26582 223097 SH SOLE 221212 0 1885 United Technologies Corp COM 913017109 25664 201177 SH SOLE 201022 0 155 UnitedHealth Group Inc COM 91324P102 690 3128 SH SOLE 3043 0 85 Varian Medical Systems Inc COM 92220P105 34416 309637 SH SOLE 295585 0 14052 Verizon Communications Inc COM 92343V104 21421 404696 SH SOLE 400536 0 4160 Visa Inc - Class A COM CL A 92826C839 56527 495767 SH SOLE 480336 0 15431 W.R. Berkley Corporation COM 084423102 39108 545822 SH SOLE 528147 0 17675 Wabtec Corp/DE COM 929740108 12512 153649 SH SOLE 148766 0 4883 Walt Disney Company (The) COM 254687106 11385 105894 SH SOLE 104334 0 1560 Waste Management Inc COM 94106L109 414 4800 SH SOLE 4800 0 0 Wells Fargo & Co COM 949746101 13357 220162 SH SOLE 219937 0 225 Weyerhaeuser Co COM 962166104 31210 885145 SH SOLE 885145 0 0 Whirlpool Corp COM 963320106 6661 39500 SH SOLE 39500 0 0 Xilinx Inc COM 983919101 23055 341961 SH SOLE 340046 0 1915 Zoetis Inc CL A 98978V103 33799 469164 SH SOLE 453828 0 15336 Energy Select Sector SPDR Fund SBI INT-ENERGY 81369Y506 22870 316502 SH SOLE 313329 0 3173 Guggenheim BulletShares 2018 C GUG BULL2018 E 18383M530 2674 126799 SH SOLE 125203 0 1596 Guggenheim BulletShares 2019 C GUG BULL2019 E 18383M522 2212 104901 SH SOLE 103340 0 1561 Guggenheim BulletShares 2020 C GUG BULL2020 E 18383M514 1892 88875 SH SOLE 88083 0 792 Guggenheim BulletShares 2021 C GUGG BULSH 2021 18383M266 1025 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