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Institutional Investment Manager
MADISON INVESTMENT HOLDINGS INC
MADISON INVESTMENT HOLDINGS INC (CIK: 0001138060), located at 550 Science Dr, Madison, WI. Institutional holdings reported to the SEC.

Institutional Holdings (2015Q1)
Portfolio Summary: 230 holdings with a total value of $5,100,036,000.
#
Name
Shares
Value ($)
%
Options
Notes
201 NESTLE SA SPONSORED ADR REPSTG 639,862 48,131,000 0.94%
202 MCDONALDS CORP 502,570 48,970,000 0.96%
203 VANGUARD WORLD FD 470,617 50,130,000 0.98%
204 SMUCKER J M CO 439,042 50,810,000 1.00%
205 BERKSHIRE HATHAWAY INC DEL 370,350 53,449,000 1.05%
206 US BANCORP DEL 1,248,767 54,534,000 1.07%
207 GOOGLE INC 100,805 55,241,000 1.08%
208 CATAMARAN CORP COM 942,853 56,137,000 1.10%
209 WISDOMTREE TR 890,886 58,923,000 1.16%
210 BOEING CO 397,411 59,643,000 1.17%
211 DANAHER CORP DEL 720,944 61,208,000 1.20%
212 ROSS STORES INC 616,988 65,006,000 1.27%
213 JACOBS ENGR GROUP INC 1,456,746 65,787,000 1.29%
214 LIBERTY GLOBAL PLC 1,332,265 66,360,000 1.30%
215 ACCENTURE PLC IRELAND 744,112 69,716,000 1.37%
216 BROWN & BROWN INC 2,133,455 70,639,000 1.39%
217 VANGUARD INDEX FDS 694,782 72,681,000 1.43%
218 COPART INC 1,938,683 72,836,000 1.43%
219 ROCKWELL COLLINS INC 761,810 73,553,000 1.44%
220 DISCOVERY COMMUNICATNS NEW 2,644,681 77,952,000 1.53%
221 VANGUARD BD INDEX FDS 939,127 78,295,000 1.54%
222 ORACLE CORP 1,855,041 80,045,000 1.57%
223 VANGUARD INTL EQUITY INDEX F 1,671,389 81,447,000 1.60%
224 POWERSHARES ETF TRUST 1,672,765 82,484,000 1.62%
225 ISHARES TR 753,919 93,614,000 1.84%
226 BROOKFIELD ASSET MGMT INC 1,941,362 104,076,000 2.04%
227 SPDR S&P 500 ETF TR 560,194 115,641,000 2.27%
228 MARKEL CORP 151,924 116,823,000 2.29%
229 ISHARES 7-10 YEAR TREASURY BOND ETF 1,322,017 143,293,000 2.81%
230 ISHARES TR 1,081,462 164,361,000 3.22%
Page 5 of 5

Portfolio data is normalized using SEC Form 13F filings, including the Original 13F-HR (0001138060-15-000005, filed 2015.05.14).

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.