MARSHFIELD ASSOCIATES Long-Term Concentrated

CIK: 0000914976 · Show all filings

Period: Q2 2015 (← Previous) (Next →)

Filing Date: Aug 14, 2015

Total Value ($000): $1,278,140 (100.0% shares, 0.0% debt)

Holdings (23)

MCO Moody's Corp. 10.2%

Value ($000) $130,661 Shares 1,210,271 Est. Cost $81.56 Unrealized +18.6%

ACGL Arch Capital Group Ltd 9.6%

Value ($000) $123,125 Shares 1,838,785 Est. Cost $16.55 Unrealized +21.9%

GS Goldman Sachs Group Inc 8.8%

Value ($000) $112,670 Shares 539,634 Est. Cost $121.64 Unrealized +35.3%

WFC Wells Fargo & Company 8.7%

Value ($000) $110,966 Shares 1,973,076 Est. Cost $37.41 Unrealized +10.6%

YUM YUM! Brands Inc 6.7%

Value ($000) $85,285 Shares 946,765 Est. Cost $42.91 Unrealized +21.1%

— Allied World Assurance Co Hldg 6.6%

Value ($000) $84,130 Shares 1,946,562 Est. Cost $57.15 Unrealized —

TOL Toll Brothers Inc 5.8%

Value ($000) $73,964 Shares 1,936,748 Est. Cost $34.26 Unrealized +9.3%

NVR NVR Inc. 5.5%

Value ($000) $69,921 Shares 52,180 Est. Cost $1051.58 Unrealized +28.3%

MA Mastercard Inc Class A 4.8%

Value ($000) $61,715 Shares 660,199 Est. Cost $70.81 Unrealized +21.6%

USB US Bancorp 4.6%

Value ($000) $58,805 Shares 1,354,956 Est. Cost $28.42 Unrealized +5.2%

EXPD Expeditors International of Washington 4.3%

Value ($000) $54,949 Shares 1,191,813 Est. Cost $36.76 Unrealized +11.6%

V Visa Inc Cl A 4.2%

Value ($000) $53,541 Shares 797,329 Est. Cost $57.55 Unrealized +9.3%

— Leucadia National Corporation 4.1%

Value ($000) $52,827 Shares 2,175,747 Est. Cost $23.75 Unrealized —

FAST Fastenal Co 3.8%

Value ($000) $48,377 Shares 1,146,919 Est. Cost $8.33 Unrealized -4.7%

DE Deere & Co. 3.6%

Value ($000) $46,279 Shares 476,854 Est. Cost $69.38 Unrealized +8.6%

UNP Union Pacific Corporation 2.1%

Value ($000) $26,552 Shares 278,409 Est. Cost $80.32 Unrealized +2.1%

— Strayer Education Inc 1.7%

Value ($000) $21,673 Shares 502,854 Est. Cost $60.78 Unrealized —

BRK/B Berkshire Hathaway Class B 1.7%

Value ($000) $21,097 Shares 155,001 Est. Cost $110.02 Unrealized +29.6%

WAT Waters Corp 1.4%

Value ($000) $18,354 Shares 142,963 Est. Cost $103.09 Unrealized +25.9%

MLM Martin Marietta Materials 0.8%

Value ($000) $10,653 Shares 75,283 Est. Cost $117.60 Unrealized +14.1%

BRK/A Berkshire Hathaway Class A 0.6%

Value ($000) $7,784 Shares 38 Est. Cost $165023.42 Unrealized +30.0%

BRO Brown & Brown, Inc. 0.2%

Value ($000) $2,979 Shares 90,645 Est. Cost $14.20 Unrealized +4.4%

CWGL Crimson Wine Group Ltd 0.1%

Value ($000) $1,833 Shares 196,020 Est. Cost $8.92 Unrealized +4.7%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
MCO	Moody's Corp.	1,210,271	$130,661	10.2%	$81.56	+18.6%	COM	615369105
ACGL	Arch Capital Group Ltd	1,838,785	$123,125	9.6%	$16.55	+21.9%	COM	G0450A105
GS	Goldman Sachs Group Inc	539,634	$112,670	8.8%	$121.64	+35.3%	COM	38141G104
WFC	Wells Fargo & Company	1,973,076	$110,966	8.7%	$37.41	+10.6%	COM	949746101
YUM	YUM! Brands Inc	946,765	$85,285	6.7%	$42.91	+21.1%	COM	988498101
—	Allied World Assurance Co Hldg	1,946,562	$84,130	6.6%	$57.15	—	COM	H01531104
TOL	Toll Brothers Inc	1,936,748	$73,964	5.8%	$34.26	+9.3%	COM	889478103
NVR	NVR Inc.	52,180	$69,921	5.5%	$1051.58	+28.3%	COM	62944T105
MA	Mastercard Inc Class A	660,199	$61,715	4.8%	$70.81	+21.6%	COM	57636Q104
USB	US Bancorp	1,354,956	$58,805	4.6%	$28.42	+5.2%	COM	902973304
EXPD	Expeditors International of Washington	1,191,813	$54,949	4.3%	$36.76	+11.6%	COM	302130109
V	Visa Inc Cl A	797,329	$53,541	4.2%	$57.55	+9.3%	COM	92826C839
—	Leucadia National Corporation	2,175,747	$52,827	4.1%	$23.75	—	COM	527288104
FAST	Fastenal Co	1,146,919	$48,377	3.8%	$8.33	-4.7%	COM	311900104
DE	Deere & Co.	476,854	$46,279	3.6%	$69.38	+8.6%	COM	244199105
UNP	Union Pacific Corporation	278,409	$26,552	2.1%	$80.32	+2.1%	COM	907818108
—	Strayer Education Inc	502,854	$21,673	1.7%	$60.78	—	COM	863236105
BRK/B	Berkshire Hathaway Class B	155,001	$21,097	1.7%	$110.02	+29.6%	COM	084670702
WAT	Waters Corp	142,963	$18,354	1.4%	$103.09	+25.9%	COM	941848103
MLM	Martin Marietta Materials	75,283	$10,653	0.8%	$117.60	+14.1%	COM	573284106
BRK/A	Berkshire Hathaway Class A	38	$7,784	0.6%	$165023.42	+30.0%	COM	084670108
BRO	Brown & Brown, Inc.	90,645	$2,979	0.2%	$14.20	+4.4%	COM	115236101
CWGL	Crimson Wine Group Ltd	196,020	$1,833	0.1%	$8.92	+4.7%	COM	22662X100