MARSHFIELD ASSOCIATES Long-Term Concentrated

Location: Washington, DC

CIK: 0000914976 · Show all filings

Period: Q3 2017 (← Previous) (Next →)

Filing Date: Nov 15, 2017

Total Value: $1.507B (100.0% shares, 0.0% debt)

Holdings (19)

MCO Moody's Corp. 10.9%

Value $164M Shares 1,179,617 Share Price $139.21 Est. Cost/Share — Unrealized @ Report Date —

ACGL Arch Capital Group Ltd 9.1%

Value $136M Shares 1,385,568 Share Price $98.50 Est. Cost/Share — Unrealized @ Report Date —

NVR NVR Inc. 8.1%

Value $123M Shares 43,019 Share Price $2854.99 Est. Cost/Share — Unrealized @ Report Date —

GS Goldman Sachs Group Inc 7.6%

Value $115M Shares 483,040 Share Price $237.19 Est. Cost/Share — Unrealized @ Report Date —

CMI Cummins Inc 6.3%

Value $95.06M Shares 565,735 Share Price $168.03 Est. Cost/Share — Unrealized @ Report Date —

DE Deere & Co. 6.3%

Value $95.03M Shares 756,633 Share Price $125.59 Est. Cost/Share — Unrealized @ Report Date —

AZO Autozone Inc. 5.1%

Value $77.18M Shares 129,692 Share Price $595.11 Est. Cost/Share — Unrealized @ Report Date —

UNP Union Pacific Corporation 4.8%

Value $72.94M Shares 628,914 Share Price $115.97 Est. Cost/Share — Unrealized @ Report Date —

MA Mastercard Inc Class A 4.8%

Value $72.13M Shares 510,847 Share Price $141.20 Est. Cost/Share — Unrealized @ Report Date —

FAST Fastenal Co 4.7%

Value $71.49M Shares 1,568,518 Share Price $45.58 Est. Cost/Share — Unrealized @ Report Date —

EXPD Expeditors International of Washington 4.7%

Value $70.71M Shares 1,181,282 Share Price $59.86 Est. Cost/Share — Unrealized @ Report Date —

V Visa Inc Cl A 4.5%

Value $68.2M Shares 648,088 Share Price $105.24 Est. Cost/Share — Unrealized @ Report Date —

YUM YUM! Brands Inc 4.2%

Value $62.97M Shares 855,380 Share Price $73.61 Est. Cost/Share — Unrealized @ Report Date —

CMG Chipotle Mexican Grill Cl A 4.0%

Value $60.82M Shares 197,591 Share Price $307.83 Est. Cost/Share — Unrealized @ Report Date —

USB US Bancorp 3.7%

Value $56.02M Shares 1,045,429 Share Price $53.59 Est. Cost/Share — Unrealized @ Report Date —

ORLY O'Reilly Automotive Inc 3.4%

Value $50.73M Shares 235,543 Share Price $215.37 Est. Cost/Share — Unrealized @ Report Date —

ROST Ross Stores Inc 3.3%

Value $49.5M Shares 766,572 Share Price $64.57 Est. Cost/Share — Unrealized @ Report Date —

— Strayer Education Inc 3.2%

Value $48.08M Shares 550,978 Share Price $87.27 Est. Cost/Share — Unrealized @ Report Date —

WAT Waters Corp 1.2%

Value $18.33M Shares 102,090 Share Price $179.52 Est. Cost/Share — Unrealized @ Report Date —

Ticker	Issuer	Shares	Value	%	Share Price	Est. Cost/Share	Unrealized @ Report Date	Class	CUSIP
MCO	Moody's Corp.	1,179,617	$164M	10.9%	$139.21	—	—	COM	615369105
ACGL	Arch Capital Group Ltd	1,385,568	$136M	9.1%	$98.50	—	—	COM	G0450A105
NVR	NVR Inc.	43,019	$123M	8.1%	$2854.99	—	—	COM	62944T105
GS	Goldman Sachs Group Inc	483,040	$115M	7.6%	$237.19	—	—	COM	38141G104
CMI	Cummins Inc	565,735	$95.06M	6.3%	$168.03	—	—	COM	231021106
DE	Deere & Co.	756,633	$95.03M	6.3%	$125.59	—	—	COM	244199105
AZO	Autozone Inc.	129,692	$77.18M	5.1%	$595.11	—	—	COM	053332102
UNP	Union Pacific Corporation	628,914	$72.94M	4.8%	$115.97	—	—	COM	907818108
MA	Mastercard Inc Class A	510,847	$72.13M	4.8%	$141.20	—	—	COM	57636Q104
FAST	Fastenal Co	1,568,518	$71.49M	4.7%	$45.58	—	—	COM	311900104
EXPD	Expeditors International of Washington	1,181,282	$70.71M	4.7%	$59.86	—	—	COM	302130109
V	Visa Inc Cl A	648,088	$68.2M	4.5%	$105.24	—	—	COM	92826C839
YUM	YUM! Brands Inc	855,380	$62.97M	4.2%	$73.61	—	—	COM	988498101
CMG	Chipotle Mexican Grill Cl A	197,591	$60.82M	4.0%	$307.83	—	—	COM	169656105
USB	US Bancorp	1,045,429	$56.02M	3.7%	$53.59	—	—	COM	902973304
ORLY	O'Reilly Automotive Inc	235,543	$50.73M	3.4%	$215.37	—	—	COM	67103H107
ROST	Ross Stores Inc	766,572	$49.5M	3.3%	$64.57	—	—	COM	778296103
—	Strayer Education Inc	550,978	$48.08M	3.2%	$87.27	—	—	COM	863236105
WAT	Waters Corp	102,090	$18.33M	1.2%	$179.52	—	—	COM	941848103