Madison Asset Management, LLC Q4 2022 Filing

Filed February 8, 2023

Portfolio Value

$6.1B

Holdings

317

Report Date

Q4 2022

Filing Type

13F-HR

All Holdings (317 positions)

#	Stock	Shares	Value	% Portfolio
1	ACGLArch Capital Group Ltd	4,254,366	$267.0M	4.37%
2	PCARPACCAR Inc	1,627,875	$161.0M	2.63%
3	DLTRDollar Tree Inc	1,087,329	$153.0M	2.50%
4	PGRProgressive Corp	1,020,052	$132.0M	2.16%
5	GOOGAlphabet Inc	1,458,167	$129.0M	2.11%
6	ITGartner Inc	333,546	$112.0M	1.83%
7	ROSTRoss Stores Inc	962,178	$111.0M	1.81%
8	CPRTCopart Inc	1,718,289	$104.0M	1.70%
9	ADIAnalog Devices Inc	612,953	$100.0M	1.63%
10	SPYSPDR S&P 500 ETF Trust	245,176	$93.0M	1.52%
11	LBRDKLiberty Broadband Corp	1,216,864	$92.0M	1.50%
12	TFLOiShares Treasury Floating Rate	1,841,805	$92.0M	1.50%
13	VVisa Inc	416,652	$86.0M	1.41%
14	BDXBecton Dickinson and Co	335,252	$85.0M	1.39%
15	LOWLowe's Cos Inc	421,162	$83.0M	1.36%
16	BRK/BBerkshire Hathaway Inc	256,598	$79.0M	1.29%
17	FISVFiserv Inc	743,619	$75.0M	1.23%
18	BROBrown & Brown Inc	1,325,202	$75.0M	1.23%
19	TJXTJX Cos Inc	938,331	$74.0M	1.21%
20	JJacobs Solutions Inc	604,878	$72.0M	1.18%
21	BNBrookfield Corp	2,266,930	$71.0M	1.16%
22	CSLCarlisle Cos Inc	298,270	$70.0M	1.14%
23	USBU.S. Bancorp	1,605,020	$69.0M	1.13%
24	LHLaboratory Corp of America Hol	288,653	$67.0M	1.10%
25	BKIEURBlack Knight Inc	1,071,593	$66.0M	1.08%
26	DHRDanaher Corp	248,148	$65.0M	1.06%
27	CDWCDW Corp/DE	363,999	$65.0M	1.06%
28	VGTVanguard Information Technolog	201,382	$64.0M	1.05%
29	ALCAlcon Inc	931,368	$63.0M	1.03%
30	IJRiShares Core S&P Small-Cap ETF	656,618	$62.0M	1.01%
31	MRSHMarsh & McLennan Cos Inc	378,537	$62.0M	1.01%
32	ANETEURArista Networks Inc	506,556	$61.0M	1.00%
33	IJHiShares Core S&P Mid-Cap ETF	236,298	$57.0M	0.93%
34	APHAmphenol Corp	761,314	$57.0M	0.93%
35	HDHome Depot Inc	178,247	$56.0M	0.92%
36	JPMJPMorgan Chase & Co	407,325	$54.0M	0.88%
37	AMZNAmazon.com Inc	641,866	$53.0M	0.87%
38	WRBWR Berkley Corp	742,677	$53.0M	0.87%
39	TELTE Connectivity Ltd	455,970	$52.0M	0.85%
40	DSTLDistillate US Fundamental Stab	1,261,987	$51.0M	0.83%
41	ACNAccenture PLC	187,719	$50.0M	0.82%
42	CSCOCisco Systems Inc	1,027,109	$48.0M	0.78%
43	MKSIMKS Instruments Inc	544,507	$46.0M	0.75%
44	VEUVanguard FTSE All-World ex-US	933,869	$46.0M	0.75%
45	JNJJohnson & Johnson	261,192	$46.0M	0.75%
46	PHParker-Hannifin Corp	159,215	$46.0M	0.75%
47	KMXCarMax Inc	690,912	$42.0M	0.69%
48	BMYBristol-Myers Squibb Co	586,894	$42.0M	0.69%
49	FNDFloor & Decor Holdings Inc	612,360	$42.0M	0.69%
50	MSFTMicrosoft Corp	175,157	$42.0M	0.69%
51	CVSCVS Health Corp	447,326	$41.0M	0.67%
52	EDVVanguard Extended Duration Tre	483,050	$40.0M	0.65%
53	SCHRSchwab Intermediate-Term U.S.	821,291	$40.0M	0.65%
54	TRVTravelers Cos Inc	203,849	$38.0M	0.62%
55	BKRBaker Hughes Co	1,281,173	$37.0M	0.60%
56	AMTAmerican Tower Corp	176,600	$37.0M	0.60%
57	CVXChevron Corp	205,732	$36.0M	0.59%
58	CATCaterpillar Inc	153,199	$36.0M	0.59%
59	CMECME Group Inc	211,576	$35.0M	0.57%
60	EXPDExpeditors International of Wa	339,138	$35.0M	0.57%
61	VCSHVanguard Short-Term Corporate	465,863	$35.0M	0.57%
62	JMBSJanus Henderson Mortgage-Backe	748,939	$34.0M	0.56%
63	PFEPfizer Inc	652,371	$33.0M	0.54%
64	ADBEAdobe Inc	98,338	$33.0M	0.54%
65	APDAir Products & Chemicals Inc	106,559	$32.0M	0.52%
66	LLYEli Lilly & Co	89,794	$32.0M	0.52%
67	AAPLApple Inc	247,792	$32.0M	0.52%
68	GBCIGlacier Bancorp Inc	649,720	$32.0M	0.52%
69	TLTiShares 20 Year Treasury Bond	312,197	$31.0M	0.51%
70	SCHDSchwab US Dividend Equity ETF	416,100	$31.0M	0.51%
71	EOGEOG Resources Inc	242,266	$31.0M	0.51%
72	DYHTarget Corp	207,612	$30.0M	0.49%
73	HONHoneywell International Inc	140,132	$30.0M	0.49%
74	DWDMorgan Stanley	358,206	$30.0M	0.49%
75	MCMoelis & Co	794,816	$30.0M	0.49%
76	IEIiShares 3-7 Year Treasury Bond	264,142	$30.0M	0.49%
77	MDTMedtronic PLC	385,257	$29.0M	0.47%
78	ADMArcher-Daniels-Midland Co	322,945	$29.0M	0.47%
79	CMCSAComcast Corp	830,671	$29.0M	0.47%
80	PEPPepsiCo Inc	155,378	$28.0M	0.46%
81	THOThor Industries Inc	378,943	$28.0M	0.46%
82	AWIArmstrong World Industries Inc	414,086	$28.0M	0.46%
83	TXNTexas Instruments Inc	170,508	$28.0M	0.46%
84	NKENIKE Inc	232,447	$27.0M	0.44%
85	DDominion Energy Inc	449,397	$27.0M	0.44%
86	FERGFerguson PLC	207,479	$26.0M	0.43%
87	AFLAflac Inc	365,235	$26.0M	0.43%
88	KMIKinder Morgan Inc/DE	1,452,185	$26.0M	0.43%
89	PGProcter & Gamble Co	159,946	$24.0M	0.39%
90	AGGiShares Core U.S. Aggregate Bo	248,368	$24.0M	0.39%
91	PDBCInvesco Optimum Yield Diversif	1,682,107	$24.0M	0.39%
92	UNPUnion Pacific Corp	116,027	$24.0M	0.39%
93	MCDMcDonald's Corp	92,109	$24.0M	0.39%
94	COSTCostco Wholesale Corp	50,675	$23.0M	0.38%
95	ADPAutomatic Data Processing Inc	88,038	$21.0M	0.34%
96	MCHPMicrochip Technology Inc	288,986	$20.0M	0.33%
97	NEMNewmont Corp	427,388	$20.0M	0.33%
98	SDYSPDR S&P Dividend ETF	153,650	$19.0M	0.31%
99	EMREmerson Electric Co	199,510	$19.0M	0.31%
100	TTWOTake-Two Interactive Software	187,116	$19.0M	0.31%

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