Madison Asset Management 13F-HR Quarterly holdings report by institutional manager

The Securities and Exchange Commission has not necessarily reviewed the information in this filing and has not determined if it is accurate and complete.
The reader should not assume that the information is accurate and complete.

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F

FORM 13F INFORMATION TABLE

OMB APPROVAL

OMB Number:		3235-0006
Expires:	Oct 31, 2018
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COLUMN 1	COLUMN 2	COLUMN 3	COLUMN 4	COLUMN 5			COLUMN 6	COLUMN 7	COLUMN 8
			VALUE	SHRS OR	SH/	PUT/	INVESTMENT	OTHER	VOTING AUTHORITY
NAME OF ISSUER	TITLE OF CLASS	CUSIP	(x$1000)	PRN AMT	PRN	CALL	DISCRETION	MANAGER	SOLE	SHARED	NONE
3M Co	COM	88579Y101	2,049,645	19,500	SH		SOLE		19,500	0	0
Accenture PLC	COM	G1151C101	69,734,210	243,988	SH		SOLE		237,684	0	6,304
adidas AG - Spons ADR	COM	00687A107	2,967,746	33,606	SH		SOLE		33,241	0	365
Adobe Inc	COM	00724F101	39,538,191	102,598	SH		SOLE		100,626	0	1,972
AES Corp/VA	COM	00130H105	8,572,480	356,000	SH		SOLE		356,000	0	0
Aflac Inc	COM	001055102	17,489,114	271,065	SH		SOLE		270,575	0	490
AIA Group Ltd - Spons ADR	COM	001317205	2,463,678	58,659	SH		SOLE		58,023	0	636
Air Liquide SA - Unspons ADR	COM	009126202	2,498,215	74,752	SH		SOLE		73,943	0	809
Air Products & Chemicals Inc	COM	009158106	29,088,342	101,279	SH		SOLE		101,269	0	10
Airbus SE - Unspons ADR	COM	009279100	3,790,539	113,218	SH		SOLE		111,988	0	1,230
Alcon Inc	COM	H01301128	64,845,094	919,267	SH		SOLE		891,576	0	27,691
Alibaba Group Holding Ltd - Sp	COM	01609W102	5,186,759	50,761	SH		SOLE		50,375	0	386
Alliant Energy Corp	COM	018802108	371,310	6,953	SH		SOLE		6,953	0	0
Allstate Corp	COM	020002101	703,533	6,349	SH		SOLE		6,349	0	0
Alphabet Inc	COM	02079K107	150,041,008	1,442,702	SH		SOLE		1,411,046	0	31,656
Alphabet Inc	COM	02079K305	746,026	7,192	SH		SOLE		7,192	0	0
Alteryx Inc	COM	02156B103	4,524,678	76,898	SH		SOLE		76,898	0	0
Altria Group Inc	COM	02209S103	580,685	13,014	SH		SOLE		13,014	0	0
Amazon.com Inc	COM	023135106	72,414,140	701,076	SH		SOLE		685,879	0	15,197
American Tower Corp	COM	03027X100	38,281,056	187,340	SH		SOLE		187,198	0	142
AmerisourceBergen Corp	COM	03073E105	8,348,776	52,144	SH		SOLE		52,037	0	107
Amgen Inc	COM	031162100	1,857,365	7,683	SH		SOLE		7,683	0	0
Amphenol Corp	COM	032095101	61,677,930	754,747	SH		SOLE		727,066	0	27,681
Analog Devices Inc	COM	032654105	109,928,680	557,391	SH		SOLE		544,674	0	12,717
APA Corp	COM	03743Q108	9,458,538	262,300	SH		SOLE		262,300	0	0
Apple Inc	COM	037833100	40,473,807	245,445	SH		SOLE		244,186	0	1,259
Arch Capital Group Ltd	COM	G0450A105	284,861,724	4,197,167	SH		SOLE		4,053,366	0	143,801
Archer-Daniels-Midland Co	COM	039483102	29,025,874	364,372	SH		SOLE		364,030	0	342
Arista Networks Inc	COM	040413106	84,341,593	502,452	SH		SOLE		484,037	0	18,415
Armstrong World Industries Inc	COM	04247X102	29,354,228	412,047	SH		SOLE		398,945	0	13,102
Artisan Partners Asset Managem	COM	04316A108	279,057	8,726	SH		SOLE		8,726	0	0
ASML Holding NV - Spons NY Reg	COM	N07059210	4,526,041	6,649	SH		SOLE		6,598	0	51
AstraZeneca PLC - Spons ADR	COM	046353108	3,745,849	53,967	SH		SOLE		53,456	0	511
Automatic Data Processing Inc	COM	053015103	13,724,917	61,649	SH		SOLE		61,643	0	6
Axis Capital Holdings Ltd	COM	G0692U109	5,277,154	96,793	SH		SOLE		96,793	0	0
Baker Hughes Co	COM	05722G100	36,692,864	1,271,409	SH		SOLE		1,271,313	0	96
Barrick Gold Corp	COM	067901108	9,127,155	491,500	SH		SOLE		491,500	0	0
Becton Dickinson and Co	COM	075887109	82,306,802	332,499	SH		SOLE		324,201	0	8,298
Berkshire Hathaway Inc	COM	084670702	77,961,337	252,490	SH		SOLE		245,929	0	6,561
BlackRock Inc	COM	09247X101	45,288,718	67,684	SH		SOLE		67,517	0	167
Box Inc	COM	10316T104	5,114,854	190,924	SH		SOLE		190,924	0	0
Bristol-Myers Squibb Co	COM	110122108	39,183,715	565,340	SH		SOLE		562,973	0	2,367
Brookfield Asset Management Lt	COM	113004105	18,338,001	560,452	SH		SOLE		541,736	0	18,717
Brookfield Corp	COM	11271J107	72,782,529	2,233,278	SH		SOLE		2,159,348	0	73,930
Brown-Forman Corp	COM	115637209	17,707,482	275,517	SH		SOLE		265,441	0	10,076
Brown & Brown Inc	COM	115236101	75,479,911	1,314,523	SH		SOLE		1,266,325	0	48,198
BRP Group Inc	COM	05589G102	4,301,263	168,942	SH		SOLE		168,942	0	0
Cameco Corp	COM	13321L108	4,762,731	181,992	SH		SOLE		180,613	0	1,379
Canadian Pacific Kansas City L	COM	13646K108	3,104,067	40,344	SH		SOLE		40,027	0	317
Carlisle Cos Inc	COM	142339100	85,758,829	379,346	SH		SOLE		365,691	0	13,655
CarMax Inc	COM	143130102	65,314,972	1,016,101	SH		SOLE		977,964	0	38,137
Caterpillar Inc	COM	149123101	33,264,640	145,362	SH		SOLE		145,190	0	172
CDW Corp/DE	COM	12514G108	70,320,222	360,820	SH		SOLE		347,626	0	13,194
Charles Schwab Corp/The	COM	808513105	37,794,265	721,540	SH		SOLE		704,262	0	17,278
Chemours Co/The	COM	163851108	2,629,481	87,825	SH		SOLE		87,825	0	0
Cheniere Energy Inc	COM	16411R208	564,681	3,583	SH		SOLE		3,583	0	0
Chevron Corp	COM	166764100	32,927,809	201,813	SH		SOLE		201,796	0	17
Ciena Corp	COM	171779309	13,799,052	262,739	SH		SOLE		262,739	0	0
Cisco Systems Inc	COM	17275R102	51,259,035	980,565	SH		SOLE		978,831	0	1,734
CME Group Inc	COM	12572Q105	42,881,136	223,899	SH		SOLE		223,881	0	18
Coca-Cola Co	COM	191216100	17,037,656	274,668	SH		SOLE		274,422	0	246
Cogent Communications Holdings	COM	19239V302	5,130,480	80,516	SH		SOLE		80,516	0	0
Comcast Corp	COM	20030N101	32,437,881	855,655	SH		SOLE		855,574	0	81
CommVault Systems Inc	COM	204166102	4,630,835	81,615	SH		SOLE		81,615	0	0
Concrete Pumping Holdings Inc	COM	206704108	1,026,365	150,936	SH		SOLE		150,936	0	0
Constellation Brands Inc	COM	21036P108	7,584,257	33,575	SH		SOLE		33,575	0	0
Copart Inc	COM	217204106	127,559,469	1,696,044	SH		SOLE		1,637,750	0	58,294
Costco Wholesale Corp	COM	22160K105	25,038,273	50,392	SH		SOLE		49,959	0	433
Crane NXT Co	COM	224441105	4,166,812	36,712	SH		SOLE		36,712	0	0
CSX Corp	COM	126408103	206,227	6,888	SH		SOLE		6,888	0	0
CTS Corp	COM	126501105	5,243,057	106,006	SH		SOLE		106,006	0	0
CVS Health Corp	COM	126650100	7,642,784	102,850	SH		SOLE		102,850	0	0
CyberArk Software Ltd	COM	M2682V108	2,690,572	18,182	SH		SOLE		18,046	0	136
Danaher Corp	COM	235851102	63,735,875	252,880	SH		SOLE		247,222	0	5,658
DBS Group Holdings Ltd - Spons	COM	23304Y100	2,858,927	28,846	SH		SOLE		28,532	0	314
Deere & Co	COM	244199105	209,330	507	SH		SOLE		507	0	0
Deutsche Telekom AG - Spons AD	COM	251566105	3,562,897	147,288	SH		SOLE		145,688	0	1,600
Diageo PLC - Spons ADR	COM	25243Q205	2,755,385	15,208	SH		SOLE		15,044	0	164
Diamondback Energy Inc	COM	25278X109	6,150,235	45,500	SH		SOLE		45,500	0	0
Discover Financial Services	COM	254709108	281,101	2,844	SH		SOLE		2,844	0	0
Dollar Tree Inc	COM	256746108	154,200,549	1,074,194	SH		SOLE		1,038,346	0	35,848
Duke Energy Corp	COM	26441C204	759,605	7,874	SH		SOLE		7,874	0	0
Duluth Holdings Inc	COM	26443V101	4,866,517	762,777	SH		SOLE		762,777	0	0
Ecolab Inc	COM	278865100	9,377,937	56,654	SH		SOLE		55,928	0	726
Edgewell Personal Care Co	COM	28035Q102	5,522,872	130,195	SH		SOLE		130,195	0	0
Eli Lilly & Co	COM	532457108	18,825,598	54,818	SH		SOLE		54,264	0	554
Emerson Electric Co	COM	291011104	16,107,219	184,843	SH		SOLE		184,336	0	507
Encompass Health Corp	COM	29261A100	6,907,488	127,680	SH		SOLE		127,680	0	0
Entegris Inc	COM	29362U104	4,908,052	59,847	SH		SOLE		59,847	0	0
EOG Resources Inc	COM	26875P101	28,166,425	245,716	SH		SOLE		245,697	0	19
EQT Corp	COM	26884L109	5,073,690	159,000	SH		SOLE		159,000	0	0
EssilorLuxottica SA - Unspons	COM	297284200	1,625,314	18,042	SH		SOLE		17,846	0	196
Estee Lauder Cos Inc/The	COM	518439104	4,416,070	17,918	SH		SOLE		17,670	0	248
Expeditors International of Wa	COM	302130109	37,050,535	336,456	SH		SOLE		324,249	0	12,207
Exxon Mobil Corp	COM	30231G102	7,033,263	64,137	SH		SOLE		64,137	0	0
Fastenal Co	COM	311900104	36,685,349	680,114	SH		SOLE		679,591	0	523
Ferguson PLC	COM	G3421J106	27,578,676	206,196	SH		SOLE		200,554	0	5,642
Ferrari NV	COM	N3167Y103	3,126,106	11,538	SH		SOLE		11,447	0	91
Fiserv Inc	COM	337738108	78,042,694	690,460	SH		SOLE		673,104	0	17,356
Floor & Decor Holdings Inc	COM	339750101	62,067,379	631,922	SH		SOLE		607,980	0	23,942
FormFactor Inc	COM	346375108	3,421,200	107,416	SH		SOLE		107,416	0	0
Garmin Ltd	COM	H2906T109	4,680,367	46,377	SH		SOLE		46,377	0	0
Gartner Inc	COM	366651107	107,946,170	331,357	SH		SOLE		318,998	0	12,359
General Dynamics Corp	COM	369550108	600,192	2,630	SH		SOLE		2,630	0	0
Genmab A/S - Spons ADR	COM	372303206	2,541,399	67,304	SH		SOLE		66,571	0	733
Gilead Sciences Inc	COM	375558103	640,860	7,724	SH		SOLE		7,724	0	0
Glacier Bancorp Inc	COM	37637Q105	45,069,805	1,072,835	SH		SOLE		1,032,882	0	39,953
Globus Medical Inc	COM	379577208	4,308,038	76,060	SH		SOLE		76,060	0	0
Gogo Inc	COM	38046C109	4,524,377	312,026	SH		SOLE		312,026	0	0
Hain Celestial Group Inc/The	COM	405217100	3,029,770	176,663	SH		SOLE		176,663	0	0
HDFC Bank Ltd - Spons ADR	COM	40415F101	6,269,513	94,038	SH		SOLE		93,306	0	732
Helios Technologies Inc	COM	42328H109	3,027,366	46,290	SH		SOLE		46,290	0	0
Hershey Co/The	COM	427866108	329,970	1,297	SH		SOLE		1,297	0	0
Hillman Solutions Corp	COM	431636109	4,329,421	514,183	SH		SOLE		514,183	0	0
Home Depot Inc	COM	437076102	50,228,244	170,196	SH		SOLE		169,673	0	523
Honeywell International Inc	COM	438516106	25,412,271	132,965	SH		SOLE		132,821	0	144
Humana Inc	COM	444859102	5,402,199	11,128	SH		SOLE		11,128	0	0
Huntsman Corp	COM	447011107	2,960,817	108,217	SH		SOLE		108,217	0	0
Illinois Tool Works Inc	COM	452308109	5,005,575	20,561	SH		SOLE		20,561	0	0
Infosys Ltd - Spons ADR	COM	456788108	3,007,423	172,444	SH		SOLE		171,102	0	1,342
International Business Machine	COM	459200101	1,155,165	8,812	SH		SOLE		8,812	0	0
Intuit Inc	COM	461202103	8,315,175	18,651	SH		SOLE		18,651	0	0
Iron Mountain Inc	COM	46284V101	1,612,326	30,473	SH		SOLE		30,473	0	0
Itau Unibanco Holding SA - Spo	COM	465562106	2,259,363	463,935	SH		SOLE		460,333	0	3,602
Jacobs Solutions Inc	COM	46982L108	78,098,439	664,611	SH		SOLE		648,856	0	15,755
Johnson & Johnson	COM	478160104	38,482,625	248,275	SH		SOLE		247,940	0	335
JPMorgan Chase & Co	COM	46625H100	41,818,955	320,919	SH		SOLE		319,749	0	1,170
Kerry Group PLC - Spons ADR	COM	492460100	3,076,858	30,804	SH		SOLE		30,470	0	334
Keurig Dr Pepper Inc	COM	49271V100	4,586,400	130,000	SH		SOLE		130,000	0	0
Kinder Morgan Inc/DE	COM	49456B101	24,249,617	1,384,901	SH		SOLE		1,384,755	0	146
KION Group AG - Unspons ADR	COM	497216101	3,324,739	345,607	SH		SOLE		341,858	0	3,749
Laboratory Corp of America Hol	COM	50540R409	65,705,293	286,397	SH		SOLE		275,905	0	10,492
Las Vegas Sands Corp	COM	517834107	13,788,000	240,000	SH		SOLE		240,000	0	0
Lasertec Corp - Unspons ADR	COM	51809L109	2,258,813	64,317	SH		SOLE		63,618	0	699
Liberty Broadband Corp	COM	530307305	102,207,354	1,251,008	SH		SOLE		1,208,211	0	42,797
Liberty Media Corp-Liberty For	COM	531229870	9,032,040	133,808	SH		SOLE		133,808	0	0
Liberty Media Corp-Liberty For	COM	531229854	14,042,224	187,655	SH		SOLE		176,018	0	11,637
Linde PLC	COM	G54950103	15,503,937	43,619	SH		SOLE		43,191	0	428
London Stock Exchange Group PL	COM	54211N101	2,123,029	86,302	SH		SOLE		85,369	0	933
Lonza Group AG - Unspons ADR	COM	54338V101	2,640,364	44,076	SH		SOLE		43,598	0	478
Lowe's Cos Inc	COM	548661107	88,215,766	441,145	SH		SOLE		430,641	0	10,504
Lumen Technologies Inc	COM	550241103	829,450	313,000	SH		SOLE		313,000	0	0
LVMH Moet Hennessy Louis Vuitt	COM	502441306	2,311,507	12,581	SH		SOLE		12,444	0	137
Magnite Inc	COM	55955D100	3,132,214	338,252	SH		SOLE		338,252	0	0
Manulife Financial Corp	COM	56501R106	3,477,696	189,417	SH		SOLE		187,993	0	1,424
Markel Corp	COM	570535104	49,863,699	39,035	SH		SOLE		37,624	0	1,411
Marsh & McLennan Cos Inc	COM	571748102	61,745,634	370,733	SH		SOLE		359,257	0	11,476
Mastercard Inc	COM	57636Q104	570,554	1,570	SH		SOLE		1,570	0	0
McDonald's Corp	COM	580135101	24,694,316	88,317	SH		SOLE		88,129	0	188
Medtronic PLC	COM	G5960L103	35,427,653	439,440	SH		SOLE		439,402	0	38
Merck & Co Inc	COM	58933Y105	3,520,020	33,086	SH		SOLE		32,774	0	312
MGE Energy Inc	COM	55277P104	243,724	3,138	SH		SOLE		3,138	0	0
Microchip Technology Inc	COM	595017104	24,088,142	287,517	SH		SOLE		276,767	0	10,750
Microsoft Corp	COM	594918104	47,206,568	163,741	SH		SOLE		162,654	0	1,087
MKS Instruments Inc	COM	55306N104	50,325,651	567,881	SH		SOLE		546,560	0	21,321
Model N Inc	COM	607525102	3,971,115	118,647	SH		SOLE		118,647	0	0
Moelis & Co	COM	60786M105	49,960,929	1,299,712	SH		SOLE		1,250,279	0	49,433
Mondelez International Inc	COM	609207105	569,612	8,170	SH		SOLE		8,170	0	0
Morgan Stanley	COM	617446448	31,071,015	353,884	SH		SOLE		353,846	0	38
Murata Manufacturing Co Ltd -	COM	626425102	2,255,665	148,204	SH		SOLE		146,599	0	1,605
National Instruments Corp	COM	636518102	4,412,712	84,196	SH		SOLE		84,196	0	0
Nestle SA - Spons ADR	COM	641069406	10,017,156	82,317	SH		SOLE		81,457	0	860
New Relic Inc	COM	64829B100	4,268,868	56,699	SH		SOLE		56,699	0	0
Newmont Corp	COM	651639106	22,184,981	452,570	SH		SOLE		452,538	0	32
NextEra Energy Inc	COM	65339F101	57,793,890	749,791	SH		SOLE		746,889	0	2,902
Nidec Corp - Spons ADR	COM	654090109	1,561,099	120,177	SH		SOLE		118,873	0	1,304
NIKE Inc	COM	654106103	28,597,833	233,185	SH		SOLE		228,326	0	4,859
Nordstrom Inc	COM	655664100	5,271,480	324,000	SH		SOLE		324,000	0	0
Norsk Hydro ASA - Spons ADR	COM	656531605	1,949,460	260,623	SH		SOLE		258,250	0	2,373
Northern Trust Corp	COM	665859104	15,454,653	175,362	SH		SOLE		175,344	0	18
Nucor Corp	COM	670346105	889,129	5,756	SH		SOLE		5,602	0	154
NVIDIA Corp	COM	67066G104	410,266	1,477	SH		SOLE		1,477	0	0
NXP Semiconductors NV	COM	N6596X109	4,228,880	22,678	SH		SOLE		22,506	0	172
Olin Corp	COM	680665205	3,717,668	66,985	SH		SOLE		66,985	0	0
Ollie's Bargain Outlet Holding	COM	681116109	3,672,005	63,376	SH		SOLE		63,376	0	0
OneSpaWorld Holdings Ltd	COM	P73684113	8,179,062	682,157	SH		SOLE		682,157	0	0
Oracle Corp	COM	68389X105	12,541,319	134,969	SH		SOLE		133,707	0	1,262
PACCAR Inc	COM	693718108	169,942,096	2,321,613	SH		SOLE		2,257,098	0	64,515
Pagseguro Digital Ltd	COM	G68707101	2,114,690	246,755	SH		SOLE		244,922	0	1,833
Pan Pacific International Hold	COM	69807K105	2,918,724	151,622	SH		SOLE		149,974	0	1,648
Parker-Hannifin Corp	COM	701094104	54,068,228	160,865	SH		SOLE		156,505	0	4,360
Paychex Inc	COM	704326107	10,931,542	95,397	SH		SOLE		95,261	0	136
PayPal Holdings Inc	COM	70450Y103	12,939,341	170,389	SH		SOLE		170,389	0	0
PepsiCo Inc	COM	713448108	27,295,961	149,731	SH		SOLE		149,445	0	286
Pfizer Inc	COM	717081103	24,892,325	610,106	SH		SOLE		610,054	0	52
Philip Morris International In	COM	718172109	651,964	6,704	SH		SOLE		6,704	0	0
Ping An Insurance Group Co of	COM	72341E304	4,099,444	317,049	SH		SOLE		313,602	0	3,447
Power Integrations Inc	COM	739276103	3,807,023	44,979	SH		SOLE		44,979	0	0
Primo Water Corp	COM	74167P108	6,764,945	440,713	SH		SOLE		440,713	0	0
Procter & Gamble Co	COM	742718109	22,791,055	153,279	SH		SOLE		152,650	0	629
Progressive Corp	COM	743315103	125,030,725	873,974	SH		SOLE		846,796	0	27,178
Prudential PLC - Spons ADR	COM	74435K204	2,995,835	109,577	SH		SOLE		108,391	0	1,186
PTC Inc	COM	69370C100	6,880,822	53,660	SH		SOLE		53,660	0	0
QUALCOMM Inc	COM	747525103	12,536,776	98,266	SH		SOLE		97,427	0	839
Radius Global Infrastructure I	COM	750481103	5,242,471	357,360	SH		SOLE		357,360	0	0
Regeneron Pharmaceuticals Inc	COM	75886F107	7,031,852	8,558	SH		SOLE		8,558	0	0
Revolve Group Inc	COM	76156B107	3,701,331	140,735	SH		SOLE		140,735	0	0
RLI Corp	COM	749607107	328,022	2,468	SH		SOLE		2,468	0	0
Robert Half International Inc	COM	770323103	3,315,697	41,153	SH		SOLE		41,153	0	0
Ross Stores Inc	COM	778296103	101,457,213	955,971	SH		SOLE		920,196	0	35,775
S&P Global Inc	COM	78409V104	885,369	2,568	SH		SOLE		2,322	0	246
Saia Inc	COM	78709Y105	3,574,859	13,139	SH		SOLE		13,139	0	0
SAP SE - Spons ADR	COM	803054204	4,262,077	33,679	SH		SOLE		33,417	0	262
Shake Shack Inc	COM	819047101	5,108,742	92,066	SH		SOLE		92,066	0	0
Shell PLC - Spons ADR	COM	780259305	3,060,553	53,190	SH		SOLE		52,563	0	627
Shin-Etsu Chemical Co Ltd - Un	COM	824551105	2,931,575	72,528	SH		SOLE		71,742	0	786
Shiseido Co Ltd - Spons ADR	COM	824841407	1,417,532	30,341	SH		SOLE		30,011	0	330
Siemens AG - Spons ADR	COM	826197501	3,019,759	37,304	SH		SOLE		36,900	0	404
Sika AG - Unspons ADR	COM	82674R103	2,320,186	82,923	SH		SOLE		82,023	0	900
Simply Good Foods Co/The	COM	82900L102	5,342,344	134,331	SH		SOLE		134,331	0	0
Sony Group Corp - Spons ADR	COM	835699307	3,630,986	40,055	SH		SOLE		39,620	0	435
Southern Copper Corp	COM	84265V105	2,989,534	39,207	SH		SOLE		38,779	0	428
Starbucks Corp	COM	855244109	16,503,772	158,492	SH		SOLE		158,475	0	17
STMicroelectronics NV - Spons	COM	861012102	2,535,105	47,394	SH		SOLE		47,025	0	369
Summit Materials Inc	COM	86614U100	4,585,608	160,955	SH		SOLE		160,955	0	0
Symrise AG - Unspons ADR	COM	87155N109	1,468,487	54,068	SH		SOLE		53,484	0	584
T-Mobile US Inc	COM	872590104	10,631,256	73,400	SH		SOLE		73,400	0	0
Taiwan Semiconductor Mfg Co Lt	COM	874039100	3,275,420	35,212	SH		SOLE		34,930	0	282
Take-Two Interactive Software	COM	874054109	23,944,226	200,706	SH		SOLE		193,134	0	7,572
Target Corp	COM	87612E106	51,105,965	308,555	SH		SOLE		307,328	0	1,227
TE Connectivity Ltd	COM	H84989104	58,157,287	443,441	SH		SOLE		431,591	0	11,850
Tencent Holdings Ltd - Unspons	COM	88032Q109	3,885,337	79,471	SH		SOLE		78,608	0	863
Texas Capital Bancshares Inc	COM	88224Q107	2,021,754	41,294	SH		SOLE		41,294	0	0
Texas Instruments Inc	COM	882508104	29,990,020	161,228	SH		SOLE		161,007	0	221
Thermo Fisher Scientific Inc	COM	883556102	360,808	626	SH		SOLE		626	0	0
Thor Industries Inc	COM	885160101	30,712,927	385,647	SH		SOLE		371,075	0	14,572
TJX Cos Inc	COM	872540109	72,184,840	921,195	SH		SOLE		895,417	0	25,778
Toray Industries Inc - Unspons	COM	890880206	3,362,173	294,669	SH		SOLE		291,467	0	3,202
Transocean Ltd	COM	H8817H100	12,656,400	1,990,000	SH		SOLE		1,990,000	0	0
Travelers Cos Inc	COM	89417E109	23,752,284	138,570	SH		SOLE		138,348	0	222
Treasury Wine Estates Ltd - Sp	COM	89465J109	2,594,725	296,540	SH		SOLE		293,315	0	3,225
U.S. Bancorp	COM	902973304	90,199,299	2,502,061	SH		SOLE		2,465,943	0	36,118
Union Pacific Corp	COM	907818108	22,222,727	110,418	SH		SOLE		109,856	0	562
United Parcel Service Inc	COM	911312106	25,117,437	129,478	SH		SOLE		129,004	0	474
UnitedHealth Group Inc	COM	91324P102	14,521,273	30,727	SH		SOLE		30,321	0	406
Verisk Analytics Inc	COM	92345Y106	232,151	1,210	SH		SOLE		1,210	0	0
Vertex Pharmaceuticals Inc	COM	92532F100	4,896,503	15,541	SH		SOLE		15,438	0	103
VICI Properties Inc	COM	925652109	800,038	24,526	SH		SOLE		24,526	0	0
Visa Inc	COM	92826C839	83,606,655	370,827	SH		SOLE		361,967	0	8,860
Wal-Mart de Mexico SAB de CV -	COM	93114W107	2,716,236	68,230	SH		SOLE		67,719	0	511
Walt Disney Co	COM	254687106	14,514,520	144,957	SH		SOLE		143,584	0	1,373
Waste Management Inc	COM	94106L109	551,678	3,381	SH		SOLE		3,381	0	0
Wells Fargo & Co	COM	949746101	3,711,909	99,302	SH		SOLE		99,302	0	0
WillScot Mobile Mini Holdings	COM	971378104	9,669,281	206,256	SH		SOLE		206,256	0	0
Worldline SA/France - Unspons	COM	98161H101	2,337,809	110,222	SH		SOLE		109,026	0	1,196
WR Berkley Corp	COM	084423102	45,929,519	737,705	SH		SOLE		710,450	0	27,255
WW Grainger Inc	COM	384802104	8,235,412	11,956	SH		SOLE		11,911	0	45
Xometry Inc	COM	98423F109	1,152,540	76,990	SH		SOLE		76,990	0	0
Distillate US Fundamental Stab	ETF	26922A321	51,532,233	1,194,258	SH		SOLE		1,194,258	0	0
Energy Select Sector SPDR Fund	ETF	81369Y506	16,063,305	193,931	SH		SOLE		193,931	0	0
First Trust TCW Unconstrained	ETF	33740F888	5,425,098	224,085	SH		SOLE		224,085	0	0
Global X MSCI Norway ETF	ETF	37950E101	1,164,752	47,930	SH		SOLE		47,930	0	0
Invesco BuyBack Achievers ETF	ETF	46137V308	2,096,720	24,647	SH		SOLE		24,647	0	0
Invesco Optimum Yield Diversif	ETF	46090F100	14,672,381	1,031,813	SH		SOLE		1,031,813	0	0
Invesco S&P 500 Quality ETF	ETF	46137V241	15,205,562	321,335	SH		SOLE		321,335	0	0
iShares 20 Year Treasury Bond	ETF	464287432	26,465,404	248,805	SH		SOLE		248,805	0	0
iShares 3-7 Year Treasury Bond	ETF	464288661	26,430,778	224,656	SH		SOLE		224,656	0	0
iShares 7-10 Year Treasury Bon	ETF	464287440	63,270,080	638,318	SH		SOLE		638,318	0	0
iShares Core MSCI EAFE ETF	ETF	46432F842	678,862	10,155	SH		SOLE		10,155	0	0
iShares Core S&P 500 ETF	ETF	464287200	2,628,034	6,393	SH		SOLE		6,393	0	0
iShares Core S&P Mid-Cap ETF	ETF	464287507	56,158,669	224,491	SH		SOLE		224,408	0	83
iShares Core S&P Small-Cap ETF	ETF	464287804	56,335,099	582,576	SH		SOLE		582,112	0	464
iShares Core S&P U.S. Growth E	ETF	464287671	310,961	3,503	SH		SOLE		3,503	0	0
iShares Core U.S. Aggregate Bo	ETF	464287226	24,158,814	242,461	SH		SOLE		242,461	0	0
iShares Edge MSCI USA Quality	ETF	46432F339	1,012,619	8,162	SH		SOLE		8,162	0	0
iShares Global Energy ETF	ETF	464287341	9,314,033	246,664	SH		SOLE		246,664	0	0
iShares iBoxx High Yield Corpo	ETF	464288513	445,745	5,900	SH		SOLE		5,900	0	0
iShares Intermediate Governmen	ETF	464288612	294,348	2,817	SH		SOLE		2,817	0	0
iShares MSCI ACWI ex US ETF	ETF	464288240	657,517	13,482	SH		SOLE		13,482	0	0
iShares MSCI China ETF	ETF	46429B671	17,495,824	350,688	SH		SOLE		350,688	0	0
iShares MSCI Global Gold Miner	ETF	46434G855	3,468,124	137,788	SH		SOLE		137,788	0	0
iShares MSCI International Qua	ETF	46434V456	17,762,254	503,180	SH		SOLE		503,180	0	0
iShares MSCI Switzerland ETF	ETF	464286749	484,607	10,693	SH		SOLE		10,693	0	0
iShares Russell 1000 Growth ET	ETF	464287614	901,822	3,691	SH		SOLE		3,691	0	0
iShares Russell 2000 ETF	ETF	464287655	331,110	1,856	SH		SOLE		1,856	0	0
iShares Russell 2000 Growth ET	ETF	464287648	256,080	1,129	SH		SOLE		1,129	0	0
iShares Russell Mid-Cap Growth	ETF	464287481	284,804	3,128	SH		SOLE		3,128	0	0
iShares Short Treasury Bond ET	ETF	464288679	3,194,887	28,913	SH		SOLE		28,913	0	0
iShares Treasury Floating Rate	ETF	46434V860	108,606,814	2,146,804	SH		SOLE		2,146,804	0	0
Janus Henderson Mortgage-Backe	ETF	47103U852	36,029,926	771,684	SH		SOLE		771,684	0	0
Schwab Fundamental U.S. Large	ETF	808524771	1,201,485	21,877	SH		SOLE		21,877	0	0
Schwab Intermediate-Term U.S.	ETF	808524854	9,735,612	193,052	SH		SOLE		193,052	0	0
Schwab US Dividend Equity ETF	ETF	808524797	14,625,984	199,918	SH		SOLE		199,918	0	0
SPDR S&P 500 ETF Trust	ETF	78462F103	82,294,350	201,017	SH		SOLE		201,011	0	6
SPDR S&P Dividend ETF	ETF	78464A763	14,452,792	116,828	SH		SOLE		116,828	0	0
SPDR S&P MidCap 400 ETF Trust	ETF	78467Y107	3,647,568	7,957	SH		SOLE		7,889	0	68
SPDR S&P North American Natura	ETF	78463X152	9,494,870	177,044	SH		SOLE		177,044	0	0
VanEck Gold Miners ETF/USA	ETF	92189F106	34,610,359	1,069,872	SH		SOLE		1,069,872	0	0
Vanguard Dividend Appreciation	ETF	921908844	6,654,002	43,205	SH		SOLE		43,205	0	0
Vanguard Extended Duration Tre	ETF	921910709	28,223,582	311,725	SH		SOLE		311,725	0	0
Vanguard FTSE All-World ex-US	ETF	922042775	51,985,230	972,232	SH		SOLE		972,232	0	0
Vanguard FTSE Developed Market	ETF	921943858	248,164	5,494	SH		SOLE		5,494	0	0
Vanguard Health Care ETF	ETF	92204A504	7,782,619	32,637	SH		SOLE		32,637	0	0
Vanguard Information Technolog	ETF	92204A702	45,602,236	118,303	SH		SOLE		118,303	0	0
Vanguard Large-Cap ETF	ETF	922908637	9,959,048	53,311	SH		SOLE		53,311	0	0
Vanguard Short-Term Bond ETF	ETF	921937827	482,805	6,312	SH		SOLE		6,312	0	0
Vanguard Short-Term Corporate	ETF	92206C409	15,719,630	206,213	SH		SOLE		206,213	0	0
Vanguard Total World Stock ETF	ETF	922042742	203,335	2,208	SH		SOLE		2,208	0	0
Vanguard Value ETF	ETF	922908744	204,127	1,478	SH		SOLE		1,478	0	0