MARSHFIELD ASSOCIATES Long-Term Concentrated

Location: Washington, DC

CIK: 0000914976 · Show all filings

Period: Q2 2015 (← Previous) (Next →)

Filing Date: Aug 14, 2015

Total Value: $1.278B (100.0% shares, 0.0% debt)

Holdings (23)

MCO Moody's Corp. 10.2%

Value $131M Shares 1,210,271 Share Price $107.96 Est. Cost/Share — Unrealized @ Report Date —

ACGL Arch Capital Group Ltd 9.6%

Value $123M Shares 1,838,785 Share Price $66.96 Est. Cost/Share — Unrealized @ Report Date —

GS Goldman Sachs Group Inc 8.8%

Value $113M Shares 539,634 Share Price $208.79 Est. Cost/Share — Unrealized @ Report Date —

WFC Wells Fargo & Company 8.7%

Value $111M Shares 1,973,076 Share Price $56.24 Est. Cost/Share — Unrealized @ Report Date —

YUM YUM! Brands Inc 6.7%

Value $85.28M Shares 946,765 Share Price $90.08 Est. Cost/Share — Unrealized @ Report Date —

— Allied World Assurance Co Hldg 6.6%

Value $84.13M Shares 1,946,562 Share Price $43.22 Est. Cost/Share — Unrealized @ Report Date —

TOL Toll Brothers Inc 5.8%

Value $73.96M Shares 1,936,748 Share Price $38.19 Est. Cost/Share — Unrealized @ Report Date —

NVR NVR Inc. 5.5%

Value $69.92M Shares 52,180 Share Price $1340.00 Est. Cost/Share — Unrealized @ Report Date —

MA Mastercard Inc Class A 4.8%

Value $61.72M Shares 660,199 Share Price $93.48 Est. Cost/Share — Unrealized @ Report Date —

USB US Bancorp 4.6%

Value $58.8M Shares 1,354,956 Share Price $43.40 Est. Cost/Share — Unrealized @ Report Date —

EXPD Expeditors International of Washington 4.3%

Value $54.95M Shares 1,191,813 Share Price $46.11 Est. Cost/Share — Unrealized @ Report Date —

V Visa Inc Cl A 4.2%

Value $53.54M Shares 797,329 Share Price $67.15 Est. Cost/Share — Unrealized @ Report Date —

— Leucadia National Corporation 4.1%

Value $52.83M Shares 2,175,747 Share Price $24.28 Est. Cost/Share — Unrealized @ Report Date —

FAST Fastenal Co 3.8%

Value $48.38M Shares 1,146,919 Share Price $42.18 Est. Cost/Share — Unrealized @ Report Date —

DE Deere & Co. 3.6%

Value $46.28M Shares 476,854 Share Price $97.05 Est. Cost/Share — Unrealized @ Report Date —

UNP Union Pacific Corporation 2.1%

Value $26.55M Shares 278,409 Share Price $95.37 Est. Cost/Share — Unrealized @ Report Date —

— Strayer Education Inc 1.7%

Value $21.67M Shares 502,854 Share Price $43.10 Est. Cost/Share — Unrealized @ Report Date —

BRK/B Berkshire Hathaway Class B 1.7%

Value $21.1M Shares 155,001 Share Price $136.11 Est. Cost/Share — Unrealized @ Report Date —

WAT Waters Corp 1.4%

Value $18.35M Shares 142,963 Share Price $128.38 Est. Cost/Share — Unrealized @ Report Date —

MLM Martin Marietta Materials 0.8%

Value $10.65M Shares 75,283 Share Price $141.51 Est. Cost/Share — Unrealized @ Report Date —

BRK/A Berkshire Hathaway Class A 0.6%

Value $7.784M Shares 38 Share Price $204842.11 Est. Cost/Share — Unrealized @ Report Date —

BRO Brown & Brown, Inc. 0.2%

Value $2.979M Shares 90,645 Share Price $32.86 Est. Cost/Share — Unrealized @ Report Date —

CWGL Crimson Wine Group Ltd 0.1%

Value $1.833M Shares 196,020 Share Price $9.35 Est. Cost/Share — Unrealized @ Report Date —

Ticker	Issuer	Shares	Value	%	Share Price	Est. Cost/Share	Unrealized @ Report Date	Class	CUSIP
MCO	Moody's Corp.	1,210,271	$131M	10.2%	$107.96	—	—	COM	615369105
ACGL	Arch Capital Group Ltd	1,838,785	$123M	9.6%	$66.96	—	—	COM	G0450A105
GS	Goldman Sachs Group Inc	539,634	$113M	8.8%	$208.79	—	—	COM	38141G104
WFC	Wells Fargo & Company	1,973,076	$111M	8.7%	$56.24	—	—	COM	949746101
YUM	YUM! Brands Inc	946,765	$85.28M	6.7%	$90.08	—	—	COM	988498101
—	Allied World Assurance Co Hldg	1,946,562	$84.13M	6.6%	$43.22	—	—	COM	H01531104
TOL	Toll Brothers Inc	1,936,748	$73.96M	5.8%	$38.19	—	—	COM	889478103
NVR	NVR Inc.	52,180	$69.92M	5.5%	$1340.00	—	—	COM	62944T105
MA	Mastercard Inc Class A	660,199	$61.72M	4.8%	$93.48	—	—	COM	57636Q104
USB	US Bancorp	1,354,956	$58.8M	4.6%	$43.40	—	—	COM	902973304
EXPD	Expeditors International of Washington	1,191,813	$54.95M	4.3%	$46.11	—	—	COM	302130109
V	Visa Inc Cl A	797,329	$53.54M	4.2%	$67.15	—	—	COM	92826C839
—	Leucadia National Corporation	2,175,747	$52.83M	4.1%	$24.28	—	—	COM	527288104
FAST	Fastenal Co	1,146,919	$48.38M	3.8%	$42.18	—	—	COM	311900104
DE	Deere & Co.	476,854	$46.28M	3.6%	$97.05	—	—	COM	244199105
UNP	Union Pacific Corporation	278,409	$26.55M	2.1%	$95.37	—	—	COM	907818108
—	Strayer Education Inc	502,854	$21.67M	1.7%	$43.10	—	—	COM	863236105
BRK/B	Berkshire Hathaway Class B	155,001	$21.1M	1.7%	$136.11	—	—	COM	084670702
WAT	Waters Corp	142,963	$18.35M	1.4%	$128.38	—	—	COM	941848103
MLM	Martin Marietta Materials	75,283	$10.65M	0.8%	$141.51	—	—	COM	573284106
BRK/A	Berkshire Hathaway Class A	38	$7.784M	0.6%	$204842.11	—	—	COM	084670108
BRO	Brown & Brown, Inc.	90,645	$2.979M	0.2%	$32.86	—	—	COM	115236101
CWGL	Crimson Wine Group Ltd	196,020	$1.833M	0.1%	$9.35	—	—	COM	22662X100