FIDUCIARY MANAGEMENT INC /WI/ Information

100 EAST WISCONSIN AVENUE, MILWAUKEE, Wisconsin, 53202, (414) 226-4545

Report Date: 03/31/2014

Position Statistics

Total Positions 71
New Positions 4
Increased Positions 20
Decreased Positions 49
Positions with Activity 69
Sold Out Positions 4
Total Mkt Value (in $ millions) 19,730

Institutional Holdings information is filed by major institutions on form 13-F with the Securities and Exchange Commission.

Sector Weighting

Basic Materials 6.77%
Capital Goods 5.77%
Conglomerates
Consumer Cyclical 5.6%
Consumer/Non-Cyclical 9.68%
Energy 9.9%
Financial 26.13%
Healthcare 9.53%
Services 15%
Technology 8.12%
Transportation 3.39%
Utilities

69 Activity Positions as of 03/31/2014

Company Class Value of Shares ($1,000s) ▼ Change in Value ($1,000s) Change (%) Shares Held
POTASH CORP SASK INC COM 1,068,178 -24,009 (2.2) 29,779,144
BANK NEW YORK MELLON CORP COM 911,394 -24,592 (2.63) 23,333,190
UNITEDHEALTH GROUP INC COM 897,755 414,731 85.86 10,432,950
DEVON ENERGY CORP NEW COM 889,734 -23,770 (2.6) 11,384,946
SCHLUMBERGER LTD COM 878,629 -22,864 (2.54) 7,747,368
BERKSHIRE HATHAWAY INC DEL CL B NEW 851,784 -22,745 (2.6) 6,632,800
ACCENTURE PLC IRELAND SHS CLASS A 822,720 -19,064 (2.27) 10,246,850
DANONE SPONSORED ADR 809,330 169,357 26.46 52,762,914
COVIDIEN PLC SHS 728,769 -246,327 (25.26) 8,198,553
AMERICAN EXPRESS CO COM 709,240 -18,537 (2.55) 7,596,019
3M CO COM 702,987 -284,634 (28.82) 4,844,174
COMERICA INC COM 661,664 -18,300 (2.69) 13,440,262
NESTLE S A SPONSORED ADR 615,567 552,404 874.57 7,996,561
AMERISOURCEBERGEN CORP COM 614,204 -15,711 (2.49) 8,331,575
MICROSOFT CORP COM 607,241 63,581 11.70 13,545,419
ILLINOIS TOOL WKS INC COM 598,910 -271,262 (31.17) 6,981,932
TE CONNECTIVITY LTD REG SHS 594,910 -14,192 (2.33) 9,156,694
WAL-MART STORES INC COM 576,994 -15,661 (2.64) 7,528,621
CINTAS CORP COM 569,025 -121,269 (17.57) 8,838,544
EXPEDITORS INTL WASH INC COM 532,380 -14,706 (2.69) 11,788,758