0001138060-17-000018.txt : 20171114 0001138060-17-000018.hdr.sgml : 20171114 20171114172720 ACCESSION NUMBER: 0001138060-17-000018 CONFORMED SUBMISSION TYPE: 13F-HR PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20170930 FILED AS OF DATE: 20171114 DATE AS OF CHANGE: 20171114 EFFECTIVENESS DATE: 20171114 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: 171203137 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 09-30-2017 09-30-2017 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. Edgerle Madison WI 11-09-2017 2 253 5594601 false 1 0001299351 028-10986 Madison Asset Management, LLC 2 0001507115 028-14137 Madison Investment Advisors, LLC INFORMATION TABLE 2 mihi13f3q2017informationta.xml INFORMATION TABLE 3M Company COM 88579Y101 21534 102593 SH SOLE 100988 0 1605 Abbott Laboratories COM 002824100 202 3780 SH SOLE 3714 0 66 Accenture PLC - Class A COM G1151C101 68370 506181 SH SOLE 490168 0 16013 Alexco Resource Corp COM 01535P106 15 10560 SH SOLE 10560 0 0 Allergan PLC COM G0177J108 4902 23916 SH SOLE 23916 0 0 Allstate Corp COM 020002101 257 2800 SH SOLE 2800 0 0 Alphabet Inc - Class A CAP STK CL A 02079K305 821 843 SH SOLE 843 0 0 Alphabet Inc - Class C CAP STK CL C 02079K107 67693 70579 SH SOLE 68713 0 1866 Altria Group Inc. COM 02209S103 668 10531 SH SOLE 10531 0 0 Amazon.com Inc COM 023135106 2793 2905 SH SOLE 2905 0 0 Amdocs Ltd SHS G02602103 12850 199785 SH SOLE 199785 0 0 American Financial Group Inc. COM 025932104 758 7326 SH SOLE 7326 0 0 American International Group I COM 026874784 16476 268387 SH SOLE 268387 0 0 American Tower Corp COM 03027X100 80399 588229 SH SOLE 564926 0 23303 Amgen Inc COM 031162100 29443 157914 SH SOLE 156794 0 1120 Amphenol Corp - Class A CL A 032095101 24422 288542 SH SOLE 279261 0 9281 Analog Devices Inc COM 032654105 17195 199547 SH SOLE 197257 0 2290 Apache Corporation COM 037411105 13224 288740 SH SOLE 288740 0 0 Apple Inc COM 037833100 30178 195807 SH SOLE 194542 0 1265 Arch Capital Group Ltd ORD G0450A105 39251 398491 SH SOLE 385443 0 13048 AT&T Inc COM 00206R102 700 17874 SH SOLE 17874 0 0 Automatic Data Processing Inc COM 053015103 11264 103035 SH SOLE 101490 0 1545 Axalta Coating Systems Ltd COM G0750C108 40902 1414314 SH SOLE 1368063 0 46251 Baker Hughes a GE Co CL A 05722G100 5738 156700 SH SOLE 156700 0 0 Bank of America Corporation COM 060505104 29631 1169354 SH SOLE 1169354 0 0 Bank of New York Mellon Corpor COM 064058100 20247 381869 SH SOLE 381869 0 0 Baxter International Inc. COM 071813109 23168 369205 SH SOLE 369205 0 0 BB&T Corporation COM 054937107 10967 233642 SH SOLE 232447 0 1195 Becton, Dickinson and Company COM 075887109 5865 29931 SH SOLE 28886 0 1045 Berkshire Hathaway Inc - Cl B CL B 084670702 79553 433955 SH SOLE 418804 0 15151 Biogen Inc COM 09062X103 13714 43799 SH SOLE 43799 0 0 Boeing Company (The) COM 097023105 22289 87678 SH SOLE 87228 0 450 Bristol-Myers Squibb Co COM 110122108 308 4838 SH SOLE 4838 0 0 Brookfield Asset Management In CL A LTD VT SH 112585104 103896 2515647 SH SOLE 2417107 0 98540 Brown-Forman Corporation CL B 115637209 16134 297118 SH SOLE 287704 0 9414 Brown & Brown Inc. COM 115236101 45667 947635 SH SOLE 917078 0 30557 CarMax Inc. COM 143130102 68451 902927 SH SOLE 870067 0 32860 Carnival Corp COM 143658300 15197 235351 SH SOLE 231406 0 3945 Caterpillar Inc COM 149123101 11023 88388 SH SOLE 87828 0 560 CBS Corp - Cl B CL B 124857202 4583 79014 SH SOLE 79014 0 0 CDW Corp/DE COM 12514G108 83110 1259242 SH SOLE 1211890 0 47352 Celgene Corp COM 151020104 5331 36559 SH SOLE 36531 0 28 Cerner Corporation COM 156782104 4809 67435 SH SOLE 67435 0 0 Charles Schwab Corp/The COM 808513105 24466 559354 SH SOLE 538983 0 20371 Chevron Corporation COM 166764100 27263 232024 SH SOLE 229739 0 2285 Chubb Ltd COM H1467J104 13152 92263 SH SOLE 90616 0 1647 Ciena Corp COM 171779309 8852 402900 SH SOLE 402900 0 0 Cisco Systems Inc COM 17275R102 23108 687123 SH SOLE 678809 0 8314 Citigroup Inc. COM 172967424 3790 52097 SH SOLE 52097 0 0 CME Group Inc/IL COM 12572Q105 18487 136258 SH SOLE 135358 0 900 Coca-Cola Co COM 191216100 964 21407 SH SOLE 21157 0 250 Colgate-Palmolive Co COM 194162103 258 3545 SH SOLE 3545 0 0 Copart Inc COM 217204106 77703 2260766 SH SOLE 2177230 0 83536 Costco Wholesale Corp COM 22160K105 20621 125518 SH SOLE 124070 0 1448 Crown Castle International Cor COM 22822V101 27333 273389 SH SOLE 264655 0 8734 Crown Holdings Inc. COM 228368106 37617 629892 SH SOLE 609489 0 20403 CVS Health Corp COM 126650100 17128 210625 SH SOLE 209300 0 1325 Danaher Corp COM 235851102 53410 622638 SH SOLE 598235 0 24403 DaVita Inc COM 23918K108 36162 608884 SH SOLE 589081 0 19803 Delta Air Lines Inc. COM 247361702 17569 364353 SH SOLE 364353 0 0 Diageo PLC ADR SPON ADR 25243Q205 62453 472666 SH SOLE 455974 0 16692 Discovery Communications Inc - COM SER C 25470F302 4257 210100 SH SOLE 210100 0 0 Discovery Communications Inc. COM SER A 25470F104 720 33800 SH SOLE 33800 0 0 Dollar General Corp COM 256677105 68526 845481 SH SOLE 818840 0 26641 DowDuPont Inc COM 26078J100 29617 427807 SH SOLE 427807 0 0 Duke Energy Corp COM 26441C204 8928 106382 SH SOLE 105877 0 505 eBay Inc. COM 278642103 546 14191 SH SOLE 14191 0 0 Ecolab Inc. COM 278865100 1278 9938 SH SOLE 9938 0 0 Emerson Electric Co COM 291011104 18380 292488 SH SOLE 291193 0 1295 EOG Resources Inc. COM 26875P101 20734 214327 SH SOLE 214327 0 0 Expeditors International of Wa COM 302130109 45172 754630 SH SOLE 730350 0 24280 Express Scripts Holding Compan COM 30219G108 13245 209177 SH SOLE 209143 0 34 Exxon Mobil Corporation COM 30231G102 21790 265801 SH SOLE 263336 0 2465 Fastenal Co. COM 311900104 28591 627279 SH SOLE 606467 0 20812 FedEx Corp COM 31428X106 17091 75766 SH SOLE 75766 0 0 Fortive Corp COM 34959J108 473 6684 SH SOLE 6684 0 0 Freeport-McMoRan Inc CL B 35671D857 7776 553820 SH SOLE 553820 0 0 General Dynamics Corp COM 369550108 12669 61625 SH SOLE 61625 0 0 General Electric Company COM 369604103 7256 300103 SH SOLE 298363 0 1740 General Motors Co COM 37045V100 17934 444125 SH SOLE 444125 0 0 Gilead Sciences Inc. COM 375558103 19579 241661 SH SOLE 241661 0 0 Glacier Bancorp Inc COM 37637Q105 27753 734975 SH SOLE 711362 0 23613 Hartford Financial Services Gr COM 416515104 12298 221869 SH SOLE 221869 0 0 HCA Healthcare Inc COM 40412C101 3680 46233 SH SOLE 46233 0 0 Henry Schein Inc COM 806407102 47700 581780 SH SOLE 559416 0 22364 Home Depot Inc. COM 437076102 30483 186374 SH SOLE 183958 0 2416 Humana Inc COM 444859102 17079 70103 SH SOLE 70103 0 0 IHS Markit Ltd SHS G47567105 39872 904545 SH SOLE 874737 0 29808 Intel Corporation COM 458140100 4390 115278 SH SOLE 115180 0 98 Invesco Ltd SHS G491BT108 484 13817 SH SOLE 13817 0 0 Jacobs Engineering Group Inc COM 469814107 46676 801030 SH SOLE 767131 0 33899 JM Smucker Company (The) COM 832696405 34122 325191 SH SOLE 315910 0 9281 Johnson & Johnson COM 478160104 66890 514497 SH SOLE 499735 0 14762 JPMorgan Chase & Co COM 46625H100 32039 335456 SH SOLE 335398 0 58 Kroger Co. (The) COM 501044101 271 13485 SH SOLE 13485 0 0 Laboratory Corp of America Hol COM 50540R409 41411 274298 SH SOLE 265297 0 9001 Liberty Broadband Corporation COM SER C 530307305 39825 417887 SH SOLE 404373 0 13514 Liberty Global plc -Series C SHS CL C G5480U120 47435 1450614 SH SOLE 1407146 0 43468 Lowe's Cos Inc COM 548661107 13443 168169 SH SOLE 168169 0 0 Marathon Petroleum Corp COM 56585A102 26540 473250 SH SOLE 473250 0 0 Markel Corporation COM 570535104 90387 84634 SH SOLE 81440 0 3194 McDonald's Corporation COM 580135101 19480 124329 SH SOLE 122838 0 1491 McKesson Corporation COM 58155Q103 4852 31588 SH SOLE 31588 0 0 Medtronic PLC SHS G5960L103 11278 145012 SH SOLE 144132 0 880 Merck & Co Inc COM 58933Y105 14636 228588 SH SOLE 227268 0 1320 Microsoft Corporation COM 594918104 49728 667584 SH SOLE 662044 0 5540 Mondelez International Inc. - CL A 609207105 308 7582 SH SOLE 7582 0 0 Monsanto Co COM 61166W101 8406 70155 SH SOLE 69710 0 445 National Oilwell Varco Inc COM 637071101 4866 136200 SH SOLE 136200 0 0 Nestle SA - Spons ADR COM 641069406 31160 370912 SH SOLE 367052 0 3860 NextEra Energy Inc. COM 65339F101 17823 121619 SH SOLE 119444 0 2175 Nordstrom Inc COM 655664100 2466 52300 SH SOLE 52300 0 0 Northern Trust Corp COM 665859104 12994 141346 SH SOLE 140806 0 540 Novartis AG ADR SPONSORED ADR 66987V109 58874 685777 SH SOLE 662290 0 23487 NRG Energy Inc COM 629377508 26596 1039305 SH SOLE 1039305 0 0 O'Reilly Automotive Inc COM 67103H107 50930 236475 SH SOLE 227730 0 8745 Occidental Petroleum Corp COM 674599105 6537 101800 SH SOLE 101800 0 0 Oceaneering International Inc COM 675232102 14798 563294 SH SOLE 543707 0 19587 Omnicom Group Inc. COM 681919106 90156 1217176 SH SOLE 1173789 0 43387 Oracle Corporation COM 68389X105 58411 1208093 SH SOLE 1163359 0 44734 PayPal Holdings Inc COM 70450Y103 3362 52508 SH SOLE 52480 0 28 PepsiCo Inc. COM 713448108 17517 157201 SH SOLE 156536 0 665 Pfizer Inc. COM 717081103 22877 640808 SH SOLE 631693 0 9115 PNC Financial Services Group I COM 693475105 26973 200140 SH SOLE 197000 0 3140 PPG Industries Inc. COM 693506107 58573 539044 SH SOLE 517089 0 21955 Praxair Inc COM 74005P104 81297 581770 SH SOLE 562373 0 19397 Procter & Gamble Company (The) COM 742718109 19450 213787 SH SOLE 211097 0 2690 Progressive Corp. COM 743315103 5282 109080 SH SOLE 101905 0 7175 QUALCOMM Inc. COM 747525103 14919 287785 SH SOLE 287785 0 0 Range Resources Corporation COM 75281A109 7656 391200 SH SOLE 391200 0 0 Reinsurance Group of America I COM 759351604 258 1848 SH SOLE 1848 0 0 Republic Services Inc. COM 760759100 6919 104737 SH SOLE 104737 0 0 Rio Tinto PLC SPONSORED ADR 767204100 13185 279395 SH SOLE 279395 0 0 RLI Corp COM 749607107 667 11637 SH SOLE 11637 0 0 Ross Stores Inc COM 778296103 54897 850195 SH SOLE 822533 0 27662 Schlumberger Ltd COM 806857108 26474 379501 SH SOLE 374759 0 4742 Southern Co COM 842587107 461 9390 SH SOLE 9390 0 0 Starbucks Corp COM 855244109 3730 69440 SH SOLE 69440 0 0 Stryker Corporation COM 863667101 828 5833 SH SOLE 5833 0 0 T-Mobile US Inc COM 872590104 32399 525445 SH SOLE 525445 0 0 T Rowe Price Group Inc. COM 74144T108 5006 55228 SH SOLE 55158 0 70 TE Connectivity Ltd REG SHS H84989104 75675 911092 SH SOLE 890286 0 20806 Texas Instruments Inc COM 882508104 12754 142285 SH SOLE 141335 0 950 Textron Inc COM 883203101 15179 281715 SH SOLE 281715 0 0 Thermo Fisher Scientific Inc. COM 883556102 4654 24599 SH SOLE 24599 0 0 Tiffany & Co. COM 886547108 318 3463 SH SOLE 3463 0 0 TJX Cos Inc COM 872540109 33097 448889 SH SOLE 429504 0 19385 Travelers Cos Inc COM 89417E109 13717 111961 SH SOLE 111261 0 700 U.S. Bancorp COM 902973304 93345 1741829 SH SOLE 1694616 0 47213 UGI Corp COM 902681105 211 4500 SH SOLE 4500 0 0 Union Pacific Corp COM 907818108 13076 112754 SH SOLE 110849 0 1905 United Parcel Service Inc - Cl CL B 911312106 29300 243985 SH SOLE 241200 0 2785 United Technologies Corp COM 913017109 25050 215802 SH SOLE 214847 0 955 UnitedHealth Group Inc COM 91324P102 598 3055 SH SOLE 2970 0 85 Varian Medical Systems Inc COM 92220P105 36464 364426 SH SOLE 347869 0 16557 Verizon Communications Inc COM 92343V104 21262 429626 SH SOLE 423751 0 5875 Visa Inc - Class A COM CL A 92826C839 60596 575789 SH SOLE 557472 0 18317 W.R. Berkley Corporation COM 084423102 37131 556356 SH SOLE 538163 0 18193 Wabtec Corp/DE COM 929740108 24560 324218 SH SOLE 313687 0 10531 Walt Disney Company (The) COM 254687106 10355 105049 SH SOLE 103489 0 1560 Waste Management Inc COM 94106L109 376 4800 SH SOLE 4800 0 0 Wells Fargo & Co COM 949746101 8923 161787 SH SOLE 160862 0 925 Weyerhaeuser Co COM 962166104 28798 846245 SH SOLE 846245 0 0 Whirlpool Corp COM 963320106 11808 64022 SH SOLE 64022 0 0 Xilinx Inc COM 983919101 22175 313077 SH SOLE 310287 0 2790 Zoetis Inc CL A 98978V103 31640 496231 SH SOLE 480469 0 15762 Energy Select Sector SPDR Fund SBI INT-ENERGY 81369Y506 6981 101948 SH SOLE 101948 0 0 Guggenheim BulletShares 2017 C GUGG CRP BD 2017 18383M548 2781 122963 SH SOLE 121475 0 1488 Guggenheim BulletShares 2018 C GUG BULL2018 E 18383M530 2720 128352 SH SOLE 126756 0 1596 Guggenheim BulletShares 2019 C GUG BULL2019 E 18383M522 2222 104566 SH SOLE 103005 0 1561 Guggenheim BulletShares 2020 C GUG BULL2020 E 18383M514 1908 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