MARSHFIELD ASSOCIATES Long-Term Concentrated

Location: Washington, DC

CIK: 0000914976 · Show all filings

Period: Q4 2015 (← Previous) (Next →)

Filing Date: Feb 16, 2016

Total Value: $1.36B (100.0% shares, 0.0% debt)

Holdings (23)

MCO Moody's Corp. 9.1%

Value $123M Shares 1,227,901 Share Price $100.34 Est. Cost/Share — Unrealized @ Report Date —

ACGL Arch Capital Group Ltd 9.0%

Value $123M Shares 1,760,066 Share Price $69.75 Est. Cost/Share — Unrealized @ Report Date —

WFC Wells Fargo & Company 7.6%

Value $103M Shares 1,898,783 Share Price $54.36 Est. Cost/Share — Unrealized @ Report Date —

GS Goldman Sachs Group Inc 7.1%

Value $96.31M Shares 534,372 Share Price $180.23 Est. Cost/Share — Unrealized @ Report Date —

NVR NVR Inc. 6.1%

Value $83.04M Shares 50,542 Share Price $1643.01 Est. Cost/Share — Unrealized @ Report Date —

FAST Fastenal Co 5.7%

Value $78.18M Shares 1,915,219 Share Price $40.82 Est. Cost/Share — Unrealized @ Report Date —

YUM YUM! Brands Inc 5.6%

Value $75.92M Shares 1,039,239 Share Price $73.05 Est. Cost/Share — Unrealized @ Report Date —

— Allied World Assurance Co Hldg 5.5%

Value $74.36M Shares 1,999,599 Share Price $37.19 Est. Cost/Share — Unrealized @ Report Date —

DE Deere & Co. 5.0%

Value $67.7M Shares 887,693 Share Price $76.27 Est. Cost/Share — Unrealized @ Report Date —

TOL Toll Brothers Inc 4.6%

Value $62.63M Shares 1,880,637 Share Price $33.30 Est. Cost/Share — Unrealized @ Report Date —

MA Mastercard Inc Class A 4.6%

Value $61.99M Shares 636,728 Share Price $97.36 Est. Cost/Share — Unrealized @ Report Date —

V Visa Inc Cl A 4.4%

Value $59.59M Shares 768,421 Share Price $77.55 Est. Cost/Share — Unrealized @ Report Date —

CMI Cummins Inc 4.3%

Value $59.12M Shares 671,685 Share Price $88.01 Est. Cost/Share — Unrealized @ Report Date —

USB US Bancorp 4.1%

Value $56.07M Shares 1,314,142 Share Price $42.67 Est. Cost/Share — Unrealized @ Report Date —

EXPD Expeditors International of Washington 3.9%

Value $52.94M Shares 1,173,742 Share Price $45.10 Est. Cost/Share — Unrealized @ Report Date —

ROST Ross Stores Inc 3.6%

Value $49.19M Shares 914,127 Share Price $53.81 Est. Cost/Share — Unrealized @ Report Date —

— Leucadia National Corporation 2.6%

Value $34.98M Shares 2,011,636 Share Price $17.39 Est. Cost/Share — Unrealized @ Report Date —

— Strayer Education Inc 2.2%

Value $30.41M Shares 505,794 Share Price $60.12 Est. Cost/Share — Unrealized @ Report Date —

UNP Union Pacific Corporation 1.5%

Value $20.98M Shares 268,277 Share Price $78.20 Est. Cost/Share — Unrealized @ Report Date —

BRK/B Berkshire Hathaway Class B 1.5%

Value $20.06M Shares 151,917 Share Price $132.04 Est. Cost/Share — Unrealized @ Report Date —

WAT Waters Corp 1.4%

Value $18.9M Shares 140,418 Share Price $134.58 Est. Cost/Share — Unrealized @ Report Date —

BRK/A Berkshire Hathaway Class A 0.5%

Value $6.923M Shares 35 Share Price $197800.00 Est. Cost/Share — Unrealized @ Report Date —

CWGL Crimson Wine Group Ltd 0.1%

Value $1.563M Shares 177,596 Share Price $8.80 Est. Cost/Share — Unrealized @ Report Date —

Ticker	Issuer	Shares	Value	%	Share Price	Est. Cost/Share	Unrealized @ Report Date	Class	CUSIP
MCO	Moody's Corp.	1,227,901	$123M	9.1%	$100.34	—	—	COM	615369105
ACGL	Arch Capital Group Ltd	1,760,066	$123M	9.0%	$69.75	—	—	COM	G0450A105
WFC	Wells Fargo & Company	1,898,783	$103M	7.6%	$54.36	—	—	COM	949746101
GS	Goldman Sachs Group Inc	534,372	$96.31M	7.1%	$180.23	—	—	COM	38141G104
NVR	NVR Inc.	50,542	$83.04M	6.1%	$1643.01	—	—	COM	62944T105
FAST	Fastenal Co	1,915,219	$78.18M	5.7%	$40.82	—	—	COM	311900104
YUM	YUM! Brands Inc	1,039,239	$75.92M	5.6%	$73.05	—	—	COM	988498101
—	Allied World Assurance Co Hldg	1,999,599	$74.36M	5.5%	$37.19	—	—	COM	H01531104
DE	Deere & Co.	887,693	$67.7M	5.0%	$76.27	—	—	COM	244199105
TOL	Toll Brothers Inc	1,880,637	$62.63M	4.6%	$33.30	—	—	COM	889478103
MA	Mastercard Inc Class A	636,728	$61.99M	4.6%	$97.36	—	—	COM	57636Q104
V	Visa Inc Cl A	768,421	$59.59M	4.4%	$77.55	—	—	COM	92826C839
CMI	Cummins Inc	671,685	$59.12M	4.3%	$88.01	—	—	COM	231021106
USB	US Bancorp	1,314,142	$56.07M	4.1%	$42.67	—	—	COM	902973304
EXPD	Expeditors International of Washington	1,173,742	$52.94M	3.9%	$45.10	—	—	COM	302130109
ROST	Ross Stores Inc	914,127	$49.19M	3.6%	$53.81	—	—	COM	778296103
—	Leucadia National Corporation	2,011,636	$34.98M	2.6%	$17.39	—	—	COM	527288104
—	Strayer Education Inc	505,794	$30.41M	2.2%	$60.12	—	—	COM	863236105
UNP	Union Pacific Corporation	268,277	$20.98M	1.5%	$78.20	—	—	COM	907818108
BRK/B	Berkshire Hathaway Class B	151,917	$20.06M	1.5%	$132.04	—	—	COM	084670702
WAT	Waters Corp	140,418	$18.9M	1.4%	$134.58	—	—	COM	941848103
BRK/A	Berkshire Hathaway Class A	35	$6.923M	0.5%	$197800.00	—	—	COM	084670108
CWGL	Crimson Wine Group Ltd	177,596	$1.563M	0.1%	$8.80	—	—	COM	22662X100