Form 13F Cover Page
Report for the Calendar Year or Quarter Ended: September 30, 1999
Check here if Amendment [X]: Amendment Number: 03
This Amendment (Check only one):
[X] is a restatement.
[ ] adds new holdings entries.
Institutional Investment Manager Filing this Report:
Name: Madison Investment Advisors, Inc.
Address: 6411 Mineral Point Road, Madison, WI 53705
Form 13F File Number: 28-03477
The institutional investment manager filing this report and the person by whom
it is signed hereby represent that the person signing the report is authorized
to submit it, that all information contained herein is true, correct and
complete, and that it is understood that all required items, statements,
schedules, lists, and tables are considered integral parts of this form.
Person Signing this Report on Behalf of Reporting Manager:
Name: W. Richard Mason
Title: General Counsel
Phone: 703-528-3600
Signature, Place, and Date of Signing
(signature)
W. Richard Mason
Arlington, Virginia
November 3, 1999
Report Type (Check only one):
[x] 13F HOLDINGS REPORT. (Check here if all holdings of this reporting
manager are reported in this report.)
[ ] 13F NOTICE. (Check here if no holdings reported are in this report,
and all holdings are reported by other reporting manager(s).)
[ ] 13F COMBINATION REPORT. (Check here if a portion of the holdings
for this reporting manager are reported in this report and a
portion are reported by other reporting manager(s).)
<PAGE>
Form 13F Summary Page
Report Summary:
Number of Other Included Managers: None
Form 13F Information Table Entry Total: 47
Form 13F Information Table Value Total: $305,143 (thousands)
List of Other Included Managers: None
<PAGE>
Form 13F Information Table
<TABLE>
<CAPTION>
Title
of Value Shrs or Investment Other Voting Authority
Name of Issuer Class CUSIP (x$1000) prn amt SH/PRN Discretion Managers Sole Shared None
Column 1 Column 2 Column 3 Column 4 Column 5 Column 6 Column 7 Column 8
<C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
Abbott Labs COM 002824100 16230 442395 SH SOLE 123570 127075 192405
American Express COM 025816109 3215 23815 SH SOLE 13835 7795 2305
American Power Conv COM 029066107 655 34450 SH SOLE 20500 13950
Associates First Cap-A COM 046008108 4151 115310 SH SOLE 65750 40545 9545
BMC Software Inc COM 055921100 4859 67895 SH SOLE 38290 24555 5360
Boeing COM 097023105 288 6750 SH SOLE 6750
Bristol-Myers Squibb COM 110122108 19334 286433 SH SOLE 64275 91931 130472
CVS Corp. COM 126650100 19526 478436 SH SOLE 120170 101166 257555
Cisco Systems, Inc. COM 17275R102 953 13898 SH SOLE 13898
Computer Sciences COM 205363104 20999 298655 SH SOLE 91655 70900 136545
Dayton Hudson COM 239753106 3288 54745 SH SOLE 29265 20915 4775
Dentsply Int'l, Inc. COM 249030107 427 18790 SH SOLE 10940 7850
Eastman Kodak COM 277461109 482 6375 SH SOLE 6375
Expeditors Intl Wash COM 302130109 411 12800 SH SOLE 7450 5350
Finova Group, Inc. COM 317928109 356 9750 SH SOLE 6400 3350
Fiserv, Inc COM 337738108 380 11689 SH SOLE 6725 4964
Freddie Mac COM 313400301 24709 475171 SH SOLE 120975 123580 231096
Intel Corp COM 458140100 3641 49000 SH SOLE 26630 18010 4590
Johnson & Johnson COM 478160104 4593 49995 SH SOLE 22945 23730 3495
Kansas City South Inds COM 485170104 403 8670 SH SOLE 4785 3885
Kroger, Co. COM 501044101 18293 829136 SH SOLE 227265 216650 386121
Lexmark Intl Grp Cl A COM 529771107 4928 61215 SH SOLE 33800 22710 4975
Lucent Tech, Inc. COM 549463107 467 7200 SH SOLE 7200
MBIA, Inc. COM 55262C100 469 10050 SH SOLE 7075 2975
MCI Worldcom, Inc. COM 55268B106 17760 247089 SH SOLE 71595 56869 118955
MGIC Investment COM 552848103 20385 426910 SH SOLE 128810 123765 174975
Marshall & Ilsley COM 571834100 556 9751 SH SOLE 2000 7751
Martin Marietta Mat COM 573284106 818 20470 SH SOLE 12775 7695
Mediaone Group, Inc. COM 58440J104 3834 56131 SH SOLE 31665 19861 4870
Nabisco Holdings-Cl A COM 629526104 650 18800 SH SOLE 18800
National City Corp COM 635405103 4149 155465 SH SOLE 68425 76530 11130
Nike, Inc Cl B COM 654106103 3479 61172 SH SOLE 35402 20890 5150
Officemax, Inc. COM 67622M108 360 61900 SH SOLE 41600 20300
Pepsico COM 713448108 5307 174010 SH SOLE 78240 83360 12920
Proctor & Gamble COM 742718109 238 2540 SH SOLE 2540
Regions Financial Corp COM 758940100 476 15850 SH SOLE 10000 5850
Rogers Comm. Cl B COM 775109200 468 27850 SH SOLE 15805 12045
Safeway, Inc. COM 786514208 18017 473360 SH SOLE 114920 118195 240700
Southtrust Corp COM 844730101 478 13325 SH SOLE 9525 3800
Summit Bancorp COM 866005101 317 9775 SH SOLE 9000 775
Telephone & Data Sys. COM 879433100 624 7030 SH SOLE 4020 3010
Time Warner, Inc. COM 887315109 3351 55165 SH SOLE 30540 19745 5155
Tyco Intl, Ltd. COM 902124106 23390 226540 SH SOLE 61480 48985 116350
U.S. Cellular Corp. COM 911684108 600 8825 SH SOLE 5000 3825
U.S. Industries, Inc. COM 912080108 3223 204620 SH SOLE 116600 72330 16590
Wells Fargo & Co COM 949746101 27360 690481 SH SOLE 170193 179635 341373
Xerox Corp COM 984121103 16246 387390 SH SOLE 106510 108845 172500
</TABLE>
