Madison Asset Management, LLC Q4 2020 Filing

Filed February 12, 2021

Portfolio Value

$6.8T

Holdings

297

Report Date

Q4 2020

Filing Type

13F-HR

All Holdings (297 positions)

#StockSharesValue% PortfolioType
1
LBRDKLiberty Broadband Corp
1,288,601$204.1B3.00%
2
PGRProgressive Corp
1,681,984$166.3B2.44%
3
DLTRDollar Tree Inc
1,406,293$151.9B2.23%
4
ACGLArch Capital Group Ltd
3,648,407$131.6B1.93%
5
VCSHVanguard Short-Term Corporate
1,543,476$128.5B1.89%
6
CPRTCopart Inc
970,045$123.4B1.81%
7
MBBiShares MBS ETF
1,096,843$120.8B1.78%
8
LOWLowe's Cos Inc
724,337$116.3B1.71%
9
ADIAnalog Devices Inc
775,782$114.6B1.68%
10
BAMBrookfield Asset Management In
2,562,699$105.8B1.55%
11
GOOGAlphabet Inc - Class C
55,080$96.5B1.42%
12
USBU.S. Bancorp
2,049,694$95.5B1.40%
13
BDXBecton Dickinson and Co
371,584$93.0B1.37%
14
LINLinde PLC
341,812$90.1B1.32%
15
BRK/BBerkshire Hathaway Inc
388,323$90.0B1.32%
16
SPYSPDR S&P 500 ETF Trust
240,708$90.0B1.32%
17
TELTE Connectivity Ltd
713,927$86.4B1.27%
18
VEUVanguard FTSE All-World ex-US
1,478,267$86.3B1.27%
19
VVisa Inc
392,915$85.9B1.26%
20
TLTiShares 20 Year Treasury Bond
532,516$84.0B1.23%
21
NVSNNovartis AG - Spons ADR
882,303$83.3B1.22%
22
IHS Markit Ltd
926,271$83.2B1.22%
23
ITGartner Inc
491,382$78.7B1.16%
24
JECUSDJacobs Engineering Group Inc
680,370$74.1B1.09%
25
CTSHCognizant Technology Solutions
896,842$73.5B1.08%
26
ACNAccenture PLC
271,846$71.0B1.04%
27
CSLCarlisle Cos Inc
451,403$70.5B1.04%
28
BROBrown & Brown Inc
1,410,543$66.9B0.98%
29
Laboratory Corp of America Hol
309,139$62.9B0.92%
30
MKLMarkel Corp
60,767$62.8B0.92%
31
PPGPPG Industries Inc
432,520$62.4B0.92%
32
TJXTJX Cos Inc
902,692$61.6B0.91%
33
MRSHMarsh & McLennan Cos Inc
521,213$61.0B0.90%
34
ANETEURArista Networks Inc
205,268$59.6B0.88%
35
ROSTRoss Stores Inc
482,762$59.3B0.87%
36
FASTFastenal Co
1,208,214$59.0B0.87%
37
KMXCarMax Inc
615,624$58.2B0.85%
38
CMCSAComcast Corp
1,107,498$58.0B0.85%
39
VNTVontier Corp
1,712,215$57.2B0.84%
40
BLKCHFBlackRock Inc
79,083$57.1B0.84%
41
DHRDanaher Corp
252,446$56.1B0.82%
42
ALCAlcon Inc
849,568$56.1B0.82%
43
BNDVanguard Total Bond Market ETF
628,891$55.5B0.82%
44
IJHiShares Core S&P Mid-Cap ETF
238,179$54.7B0.80%
45
PCARPACCAR Inc
626,313$54.0B0.79%
46
HDHome Depot Inc
203,056$53.9B0.79%
47
APHAmphenol Corp
404,395$52.9B0.78%
48
BACVerizon Communications Inc
877,392$51.5B0.76%
49
SCHPSchwab US TIPS ETF
821,620$51.0B0.75%
50
CDWCDW Corp/DE
384,778$50.7B0.75%
51
GDXVanEck Vectors Gold Miners ETF
1,377,819$49.6B0.73%
52
VGTVanguard Information Technolog
137,529$48.7B0.72%
53
JNJJohnson & Johnson
292,798$46.1B0.68%
54
BMYBristol-Myers Squibb Co
738,671$45.8B0.67%
55
METAFacebook Inc
166,721$45.5B0.67%
56
ADBEAdobe Inc
91,013$45.5B0.67%
57
AMTAmerican Tower Corp
201,496$45.2B0.66%
58
CSCOCisco Systems Inc
1,002,143$44.8B0.66%
59
IJRiShares Core S&P Small-Cap ETF
482,144$44.3B0.65%
60
JPMJPMorgan Chase & Co
345,813$43.9B0.65%
61
JPMorgan BetaBuilders Japan ET
1,563,749$43.8B0.64%
62
MCMoelis & Co
914,666$42.8B0.63%
63
GMFSPDR S&P Emerging Asia Pacific
335,784$42.7B0.63%
64
PEPPepsiCo Inc
285,671$42.4B0.62%
65
WRBWR Berkley Corp
626,159$41.6B0.61%
66
CATCaterpillar Inc
223,313$40.6B0.60%
67
TRVTravelers Cos Inc
280,996$39.4B0.58%
68
NEENextEra Energy Inc
508,548$39.2B0.58%
69
PDBCInvesco Optimum Yield Diversif
2,471,396$37.7B0.55%
70
VVVanguard Large-Cap ETF
213,638$37.5B0.55%
71
TXNTexas Instruments Inc
227,672$37.4B0.55%
72
EMREmerson Electric Co
461,836$37.1B0.55%
73
NTRSNorthern Trust Corp
381,848$35.6B0.52%
74
MCDMcDonald's Corp
165,651$35.5B0.52%
75
EXPDExpeditors International of Wa
361,753$34.4B0.51%
76
AWIArmstrong World Industries Inc
460,748$34.3B0.50%
77
UI2Kemper Corp
428,641$32.9B0.48%
78
MMM3M Co
185,455$32.4B0.48%
79
GBCIGlacier Bancorp Inc
692,190$31.8B0.47%
80
PGProcter & Gamble Co
227,344$31.6B0.46%
81
VSSVanguard FTSE All World ex-US
257,548$31.4B0.46%
82
NSRGYNestle SA - Spons ADR
264,644$31.2B0.46%
83
MCHIiShares MSCI China ETF
377,089$30.5B0.45%
84
NEUNewMarket Corp
73,701$29.4B0.43%
85
MRKMerck & Co Inc
349,732$28.6B0.42%
86
UNPUnion Pacific Corp
137,124$28.6B0.42%
87
CLVTClarivate PLC
937,698$27.9B0.41%
88
MSFTMicrosoft Corp
119,380$26.6B0.39%
89
DDominion Energy Inc
352,264$26.5B0.39%
90
VUGVanguard Growth ETF
103,453$26.2B0.39%
91
PAYXPaychex Inc
253,973$23.7B0.35%
92
BF/BBrown-Forman Corp
294,640$23.4B0.34%
93
CMECME Group Inc
125,167$22.8B0.33%
94
SBUXStarbucks Corp
209,687$22.4B0.33%
95
AMGNAmgen Inc
97,154$22.3B0.33%
96
AAPLApple Inc
166,696$22.1B0.33%
97
DSTLDistillate US Fundamental Stab
591,647$21.5B0.32%
98
KOCoca-Cola Co
356,916$19.6B0.29%
99
ADPAutomatic Data Processing Inc
109,362$19.3B0.28%
100
MDTMedtronic PLC
163,067$19.1B0.28%
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