MARSHFIELD ASSOCIATES Long-Term Concentrated

CIK: 0000914976 · Show all filings

Period: Q4 2016 (← Previous) (Next →)

Filing Date: Feb 15, 2017

Total Value ($000): $1,309,615 (100.0% shares, 0.0% debt)

Holdings (20)

ACGL Arch Capital Group Ltd 9.9%

Value ($000) $129,094 Shares 1,496,044 Est. Cost $16.55 Unrealized +56.2%

GS Goldman Sachs Group Inc 9.5%

Value ($000) $124,210 Shares 518,729 Est. Cost $122.21 Unrealized +37.3%

MCO Moody's Corp. 9.1%

Value ($000) $119,225 Shares 1,264,718 Est. Cost $81.86 Unrealized +13.2%

DE Deere & Co. 6.4%

Value ($000) $83,685 Shares 812,163 Est. Cost $71.03 Unrealized +14.6%

CMI Cummins Inc 6.4%

Value ($000) $83,455 Shares 610,635 Est. Cost $84.91 Unrealized +24.0%

FAST Fastenal Co 6.0%

Value ($000) $78,913 Shares 1,679,707 Est. Cost $8.01 Unrealized +7.9%

NVR NVR Inc. 6.0%

Value ($000) $78,361 Shares 46,951 Est. Cost $1065.92 Unrealized +49.8%

UNP Union Pacific Corporation 5.4%

Value ($000) $70,536 Shares 680,328 Est. Cost $68.12 Unrealized +17.9%

EXPD Expeditors International of Washington 5.1%

Value ($000) $66,887 Shares 1,262,965 Est. Cost $37.63 Unrealized +23.7%

WFC Wells Fargo & Company 4.9%

Value ($000) $64,399 Shares 1,168,551 Est. Cost $37.41 Unrealized +4.3%

— Strayer Education Inc 4.6%

Value ($000) $60,157 Shares 746,088 Est. Cost $56.79 Unrealized —

YUM YUM! Brands Inc 4.5%

Value ($000) $58,297 Shares 920,530 Est. Cost $42.96 Unrealized +24.1%

USB US Bancorp 4.4%

Value ($000) $57,283 Shares 1,115,098 Est. Cost $28.42 Unrealized +18.8%

MA Mastercard Inc Class A 4.3%

Value ($000) $56,501 Shares 547,224 Est. Cost $71.20 Unrealized +38.0%

V Visa Inc Cl A 4.1%

Value ($000) $54,186 Shares 694,510 Est. Cost $58.14 Unrealized +29.8%

ROST Ross Stores Inc 4.1%

Value ($000) $53,423 Shares 814,368 Est. Cost $46.31 Unrealized +29.1%

CMG Chipotle Mexican Grill Cl A 3.1%

Value ($000) $40,300 Shares 106,807 Est. Cost $8.56 Unrealized -7.9%

WAT Waters Corp 1.1%

Value ($000) $14,517 Shares 108,024 Est. Cost $103.09 Unrealized +38.4%

YUMC YUM! China Holdings Inc. 1.0%

Value ($000) $13,039 Shares 499,188 Est. Cost $26.68 Unrealized 0.0%

— Capella Education Co 0.2%

Value ($000) $3,147 Shares 35,841 Est. Cost $52.63 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
ACGL	Arch Capital Group Ltd	1,496,044	$129,094	9.9%	$16.55	+56.2%	COM	G0450A105
GS	Goldman Sachs Group Inc	518,729	$124,210	9.5%	$122.21	+37.3%	COM	38141G104
MCO	Moody's Corp.	1,264,718	$119,225	9.1%	$81.86	+13.2%	COM	615369105
DE	Deere & Co.	812,163	$83,685	6.4%	$71.03	+14.6%	COM	244199105
CMI	Cummins Inc	610,635	$83,455	6.4%	$84.91	+24.0%	COM	231021106
FAST	Fastenal Co	1,679,707	$78,913	6.0%	$8.01	+7.9%	COM	311900104
NVR	NVR Inc.	46,951	$78,361	6.0%	$1065.92	+49.8%	COM	62944T105
UNP	Union Pacific Corporation	680,328	$70,536	5.4%	$68.12	+17.9%	COM	907818108
EXPD	Expeditors International of Washington	1,262,965	$66,887	5.1%	$37.63	+23.7%	COM	302130109
WFC	Wells Fargo & Company	1,168,551	$64,399	4.9%	$37.41	+4.3%	COM	949746101
—	Strayer Education Inc	746,088	$60,157	4.6%	$56.79	—	COM	863236105
YUM	YUM! Brands Inc	920,530	$58,297	4.5%	$42.96	+24.1%	COM	988498101
USB	US Bancorp	1,115,098	$57,283	4.4%	$28.42	+18.8%	COM	902973304
MA	Mastercard Inc Class A	547,224	$56,501	4.3%	$71.20	+38.0%	COM	57636Q104
V	Visa Inc Cl A	694,510	$54,186	4.1%	$58.14	+29.8%	COM	92826C839
ROST	Ross Stores Inc	814,368	$53,423	4.1%	$46.31	+29.1%	COM	778296103
CMG	Chipotle Mexican Grill Cl A	106,807	$40,300	3.1%	$8.56	-7.9%	COM	169656105
WAT	Waters Corp	108,024	$14,517	1.1%	$103.09	+38.4%	COM	941848103
YUMC	YUM! China Holdings Inc.	499,188	$13,039	1.0%	$26.68	0.0%	COM	98850P109
—	Capella Education Co	35,841	$3,147	0.2%	$52.63	—	COM	139594105