MARSHFIELD ASSOCIATES Long-Term Concentrated

Location: Washington, DC

CIK: 0000914976 · Show all filings

Period: Q1 2017 (← Previous) (Next →)

Filing Date: May 17, 2017

Total Value: $1.282B (100.0% shares, 0.0% debt)

Holdings (19)

MCO Moody's Corp. 10.7%

Value $137M Shares 1,223,039 Share Price $112.04 Est. Cost/Share — Unrealized @ Report Date —

ACGL Arch Capital Group Ltd 10.6%

Value $136M Shares 1,440,179 Share Price $94.77 Est. Cost/Share — Unrealized @ Report Date —

GS Goldman Sachs Group Inc 9.0%

Value $115M Shares 501,407 Share Price $229.72 Est. Cost/Share — Unrealized @ Report Date —

NVR NVR Inc. 7.5%

Value $96.07M Shares 45,597 Share Price $2106.87 Est. Cost/Share — Unrealized @ Report Date —

CMI Cummins Inc 7.0%

Value $89.11M Shares 589,362 Share Price $151.20 Est. Cost/Share — Unrealized @ Report Date —

DE Deere & Co. 6.7%

Value $85.32M Shares 783,733 Share Price $108.86 Est. Cost/Share — Unrealized @ Report Date —

FAST Fastenal Co 6.5%

Value $83.33M Shares 1,617,960 Share Price $51.50 Est. Cost/Share — Unrealized @ Report Date —

UNP Union Pacific Corporation 5.4%

Value $69.29M Shares 654,149 Share Price $105.92 Est. Cost/Share — Unrealized @ Report Date —

EXPD Expeditors International of Washington 5.4%

Value $69.04M Shares 1,222,150 Share Price $56.49 Est. Cost/Share — Unrealized @ Report Date —

MA Mastercard Inc Class A 4.6%

Value $59.49M Shares 528,913 Share Price $112.47 Est. Cost/Share — Unrealized @ Report Date —

V Visa Inc Cl A 4.6%

Value $59.49M Shares 669,375 Share Price $88.87 Est. Cost/Share — Unrealized @ Report Date —

YUM YUM! Brands Inc 4.4%

Value $56.42M Shares 882,994 Share Price $63.90 Est. Cost/Share — Unrealized @ Report Date —

USB US Bancorp 4.3%

Value $55.52M Shares 1,078,100 Share Price $51.50 Est. Cost/Share — Unrealized @ Report Date —

ROST Ross Stores Inc 4.1%

Value $51.99M Shares 789,287 Share Price $65.87 Est. Cost/Share — Unrealized @ Report Date —

CMG Chipotle Mexican Grill Cl A 4.0%

Value $51.15M Shares 114,805 Share Price $445.52 Est. Cost/Share — Unrealized @ Report Date —

— Strayer Education Inc 3.6%

Value $45.92M Shares 570,468 Share Price $80.49 Est. Cost/Share — Unrealized @ Report Date —

WAT Waters Corp 1.3%

Value $16.46M Shares 105,275 Share Price $156.31 Est. Cost/Share — Unrealized @ Report Date —

— Capella Education Co 0.2%

Value $3.001M Shares 35,300 Share Price $85.01 Est. Cost/Share — Unrealized @ Report Date —

YUMC YUM! China Holdings Inc. 0.1%

Value $1.392M Shares 51,169 Share Price $27.20 Est. Cost/Share — Unrealized @ Report Date —

Ticker	Issuer	Shares	Value	%	Share Price	Est. Cost/Share	Unrealized @ Report Date	Class	CUSIP
MCO	Moody's Corp.	1,223,039	$137M	10.7%	$112.04	—	—	COM	615369105
ACGL	Arch Capital Group Ltd	1,440,179	$136M	10.6%	$94.77	—	—	COM	G0450A105
GS	Goldman Sachs Group Inc	501,407	$115M	9.0%	$229.72	—	—	COM	38141G104
NVR	NVR Inc.	45,597	$96.07M	7.5%	$2106.87	—	—	COM	62944T105
CMI	Cummins Inc	589,362	$89.11M	7.0%	$151.20	—	—	COM	231021106
DE	Deere & Co.	783,733	$85.32M	6.7%	$108.86	—	—	COM	244199105
FAST	Fastenal Co	1,617,960	$83.33M	6.5%	$51.50	—	—	COM	311900104
UNP	Union Pacific Corporation	654,149	$69.29M	5.4%	$105.92	—	—	COM	907818108
EXPD	Expeditors International of Washington	1,222,150	$69.04M	5.4%	$56.49	—	—	COM	302130109
MA	Mastercard Inc Class A	528,913	$59.49M	4.6%	$112.47	—	—	COM	57636Q104
V	Visa Inc Cl A	669,375	$59.49M	4.6%	$88.87	—	—	COM	92826C839
YUM	YUM! Brands Inc	882,994	$56.42M	4.4%	$63.90	—	—	COM	988498101
USB	US Bancorp	1,078,100	$55.52M	4.3%	$51.50	—	—	COM	902973304
ROST	Ross Stores Inc	789,287	$51.99M	4.1%	$65.87	—	—	COM	778296103
CMG	Chipotle Mexican Grill Cl A	114,805	$51.15M	4.0%	$445.52	—	—	COM	169656105
—	Strayer Education Inc	570,468	$45.92M	3.6%	$80.49	—	—	COM	863236105
WAT	Waters Corp	105,275	$16.46M	1.3%	$156.31	—	—	COM	941848103
—	Capella Education Co	35,300	$3.001M	0.2%	$85.01	—	—	COM	139594105
YUMC	YUM! China Holdings Inc.	51,169	$1.392M	0.1%	$27.20	—	—	COM	98850P109