MARSHFIELD ASSOCIATES Long-Term Concentrated

CIK: 0000914976 · Show all filings

Period: Q4 2017 (← Previous) (Next →)

Filing Date: Feb 15, 2018

Total Value ($000): $1,530,066 (100.0% shares, 0.0% debt)

Holdings (19)

MCO Moody's Corp. 11.2%

Value ($000) $171,317 Shares 1,160,606 Est. Cost $81.86 Unrealized +66.5%

ACGL Arch Capital Group Ltd 8.1%

Value ($000) $123,987 Shares 1,365,945 Est. Cost $16.55 Unrealized +83.7%

GS Goldman Sachs Group Inc 7.9%

Value ($000) $121,385 Shares 476,469 Est. Cost $122.21 Unrealized +67.9%

DE Deere & Co. 7.6%

Value ($000) $116,480 Shares 744,234 Est. Cost $71.03 Unrealized +74.2%

CMI Cummins Inc 6.4%

Value ($000) $98,483 Shares 557,537 Est. Cost $84.91 Unrealized +62.8%

AZO Autozone Inc. 6.0%

Value ($000) $91,098 Shares 128,060 Est. Cost $601.04 Unrealized +6.3%

FAST Fastenal Co 5.5%

Value ($000) $84,478 Shares 1,544,678 Est. Cost $8.01 Unrealized +25.3%

UNP Union Pacific Corporation 5.5%

Value ($000) $83,418 Shares 622,057 Est. Cost $68.12 Unrealized +48.0%

MA Mastercard Inc Class A 5.0%

Value ($000) $75,986 Shares 502,023 Est. Cost $71.20 Unrealized +99.7%

EXPD Expeditors International of Washington 4.9%

Value ($000) $75,500 Shares 1,167,106 Est. Cost $37.63 Unrealized +47.4%

V Visa Inc Cl A 4.8%

Value ($000) $72,754 Shares 638,084 Est. Cost $58.14 Unrealized +79.5%

YUM YUM! Brands Inc 4.5%

Value ($000) $68,321 Shares 837,171 Est. Cost $42.96 Unrealized +58.8%

ROST Ross Stores Inc 4.0%

Value ($000) $61,109 Shares 761,485 Est. Cost $46.31 Unrealized +39.3%

CMG Chipotle Mexican Grill Cl A 3.7%

Value ($000) $56,756 Shares 196,366 Est. Cost $7.76 Unrealized -23.2%

ORLY O'Reilly Automotive Inc 3.7%

Value ($000) $56,280 Shares 233,974 Est. Cost $13.20 Unrealized +12.8%

USB US Bancorp 3.5%

Value ($000) $53,216 Shares 993,197 Est. Cost $28.42 Unrealized +37.4%

NVR NVR Inc 3.4%

Value ($000) $51,360 Shares 14,640 Est. Cost $1065.92 Unrealized +205.3%

— Strayer Education Inc 3.2%

Value ($000) $48,654 Shares 543,139 Est. Cost $56.79 Unrealized —

WAT Waters Corp 1.3%

Value ($000) $19,484 Shares 100,852 Est. Cost $103.09 Unrealized +87.3%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
MCO	Moody's Corp.	1,160,606	$171,317	11.2%	$81.86	+66.5%	COM	615369105
ACGL	Arch Capital Group Ltd	1,365,945	$123,987	8.1%	$16.55	+83.7%	COM	G0450A105
GS	Goldman Sachs Group Inc	476,469	$121,385	7.9%	$122.21	+67.9%	COM	38141G104
DE	Deere & Co.	744,234	$116,480	7.6%	$71.03	+74.2%	COM	244199105
CMI	Cummins Inc	557,537	$98,483	6.4%	$84.91	+62.8%	COM	231021106
AZO	Autozone Inc.	128,060	$91,098	6.0%	$601.04	+6.3%	COM	053332102
FAST	Fastenal Co	1,544,678	$84,478	5.5%	$8.01	+25.3%	COM	311900104
UNP	Union Pacific Corporation	622,057	$83,418	5.5%	$68.12	+48.0%	COM	907818108
MA	Mastercard Inc Class A	502,023	$75,986	5.0%	$71.20	+99.7%	COM	57636Q104
EXPD	Expeditors International of Washington	1,167,106	$75,500	4.9%	$37.63	+47.4%	COM	302130109
V	Visa Inc Cl A	638,084	$72,754	4.8%	$58.14	+79.5%	COM	92826C839
YUM	YUM! Brands Inc	837,171	$68,321	4.5%	$42.96	+58.8%	COM	988498101
ROST	Ross Stores Inc	761,485	$61,109	4.0%	$46.31	+39.3%	COM	778296103
CMG	Chipotle Mexican Grill Cl A	196,366	$56,756	3.7%	$7.76	-23.2%	COM	169656105
ORLY	O'Reilly Automotive Inc	233,974	$56,280	3.7%	$13.20	+12.8%	COM	67103H107
USB	US Bancorp	993,197	$53,216	3.5%	$28.42	+37.4%	COM	902973304
NVR	NVR Inc	14,640	$51,360	3.4%	$1065.92	+205.3%	COM	62944T105
—	Strayer Education Inc	543,139	$48,654	3.2%	$56.79	—	COM	863236105
WAT	Waters Corp	100,852	$19,484	1.3%	$103.09	+87.3%	COM	941848103