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Institutional Investment Manager
FIDUCIARY MANAGEMENT INC /WI/
FIDUCIARY MANAGEMENT INC /WI/ (CIK: 0000764532) incorporated in Wisconsin, located at 790 N. Water Street, Milwaukee, WI. Institutional holdings reported to the SEC.

Institutional Holdings (2016Q1)
Portfolio Summary: 74 holdings with a total value of $16,969,862,000.
#
Name
Shares
Value ($)
%
Options
Notes
51 3M Co 1,807,977 301,263,000 1.78%
52 UNILEVER PLC 7,927,996 358,187,000 2.11%
53 AMERICAN EXPRESS CO 5,877,224 360,862,000 2.13%
54 HONEYWELL INTL INC 3,370,406 377,654,000 2.23%
55 COMERICA INC 10,406,634 394,099,000 2.32%
56 ROSS STORES INC 7,546,477 436,941,000 2.57%
57 STANLEY BLACK &DECKER INC 4,292,980 451,664,000 2.66%
58 EBAY INC 19,016,842 453,742,000 2.67%
59 NESTLE SA SPONSORED ADR REPSTG 6,179,261 461,035,000 2.72%
60 PACCAR INC 8,554,021 467,819,000 2.76%
61 EXPEDITORS INTL WASH INC 10,531,324 514,034,000 3.03%
62 BANK NEW YORK MELLON CORP 14,396,712 530,231,000 3.12%
63 DANONE S 41,261,450 586,325,000 3.46%
64 TE CONNECTIVITY LTD 9,676,488 599,168,000 3.53%
65 PROGRESSIVE CORP OHIO 17,268,078 606,800,000 3.58%
66 MICROSOFT CORP 11,182,547 617,612,000 3.64%
67 POTASH CORP SASK INC 36,903,842 628,103,000 3.70%
68 OMNICOM GROUP INC 7,642,750 636,106,000 3.75%
69 SCHLUMBERGER LTD 9,429,794 695,447,000 4.10%
70 COMCAST CORP NEW 11,440,507 698,786,000 4.12%
71 DOLLAR GEN CORP NEW 8,432,341 721,808,000 4.25%
72 BERKSHIRE HATHAWAY INC DEL 5,092,851 722,574,000 4.26%
73 UNITEDHEALTH GROUP INC 5,684,470 732,728,000 4.32%
74 Accenture PLC Ireland Class A 6,823,926 787,481,000 4.64%
Page 2 of 2

Portfolio data is normalized using SEC Form 13F filings, including the Original 13F-HR (0000764532-16-000025, filed 2016.05.12).

From 2023-01-03 onward, the SEC requires values to be reported in nearest dollars. Earlier filings reported values in thousands; therefore, positions shown as $0 in older filings may represent actual values between $0–$999.