MARSHFIELD ASSOCIATES Long-Term Concentrated

CIK: 0000914976 · Show all filings

Period: Q1 2018 (← Previous) (Next →)

Filing Date: May 9, 2023

Total Value ($000): $1,491,111

Holdings (20)

MCO Moody's Corp. 12.3%

Value ($000) $183,604 Shares 1,138,279 Est. Cost $81.86 Unrealized +84.5%

ACGL Arch Capital Group Ltd 8.3%

Value ($000) $123,538 Shares 1,443,370 Est. Cost $17.17 Unrealized +63.0%

GS Goldman Sachs Group Inc 7.9%

Value ($000) $118,005 Shares 468,533 Est. Cost $122.21 Unrealized +78.7%

DE Deere & Co. 7.6%

Value ($000) $113,507 Shares 730,792 Est. Cost $71.03 Unrealized +102.7%

CMI Cummins Inc 6.0%

Value ($000) $88,909 Shares 548,518 Est. Cost $84.91 Unrealized +64.6%

MA Mastercard Inc Class A 5.8%

Value ($000) $86,317 Shares 492,789 Est. Cost $71.20 Unrealized +129.9%

FAST Fastenal Co 5.6%

Value ($000) $82,901 Shares 1,518,603 Est. Cost $8.01 Unrealized +40.1%

UNP Union Pacific Corporation 5.5%

Value ($000) $82,099 Shares 610,717 Est. Cost $68.12 Unrealized +66.0%

AZO Autozone Inc. 5.5%

Value ($000) $81,719 Shares 125,976 Est. Cost $601.04 Unrealized +19.1%

CMG Chipotle Mexican Grill Cl A 5.2%

Value ($000) $78,050 Shares 241,558 Est. Cost $7.49 Unrealized -15.9%

V Visa Inc Cl A 5.0%

Value ($000) $75,052 Shares 627,417 Est. Cost $58.14 Unrealized +97.4%

EXPD Expeditors International of Washington 4.9%

Value ($000) $72,783 Shares 1,149,804 Est. Cost $37.63 Unrealized +55.2%

YUM YUM! Brands Inc 4.7%

Value ($000) $70,247 Shares 825,175 Est. Cost $42.96 Unrealized +65.3%

ROST Ross Stores Inc 3.9%

Value ($000) $58,485 Shares 750,004 Est. Cost $46.31 Unrealized +58.3%

ORLY O'Reilly Automotive Inc 3.8%

Value ($000) $56,979 Shares 230,329 Est. Cost $13.20 Unrealized +28.1%

— Strayer Education Inc 3.6%

Value ($000) $54,033 Shares 534,711 Est. Cost $56.79 Unrealized —

NVR NVR Inc 2.8%

Value ($000) $41,096 Shares 14,677 Est. Cost $1065.92 Unrealized +198.3%

WAT Waters Corp 1.3%

Value ($000) $19,750 Shares 99,423 Est. Cost $103.09 Unrealized +100.6%

VGSH Vanguard Scottsdale Fds 0.2%

Value ($000) $3,193 Shares 53,180 Est. Cost $60.04 Unrealized —

USB US Bancorp 0.1%

Value ($000) $844 Shares 16,712 Est. Cost $28.42 Unrealized +40.5%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
MCO	Moody's Corp.	1,138,279	$183,604	12.3%	$81.86	+84.5%	—	615369105
ACGL	Arch Capital Group Ltd	1,443,370	$123,538	8.3%	$17.17	+63.0%	—	G0450A105
GS	Goldman Sachs Group Inc	468,533	$118,005	7.9%	$122.21	+78.7%	—	38141G104
DE	Deere & Co.	730,792	$113,507	7.6%	$71.03	+102.7%	—	244199105
CMI	Cummins Inc	548,518	$88,909	6.0%	$84.91	+64.6%	—	231021106
MA	Mastercard Inc Class A	492,789	$86,317	5.8%	$71.20	+129.9%	—	57636Q104
FAST	Fastenal Co	1,518,603	$82,901	5.6%	$8.01	+40.1%	—	311900104
UNP	Union Pacific Corporation	610,717	$82,099	5.5%	$68.12	+66.0%	—	907818108
AZO	Autozone Inc.	125,976	$81,719	5.5%	$601.04	+19.1%	—	053332102
CMG	Chipotle Mexican Grill Cl A	241,558	$78,050	5.2%	$7.49	-15.9%	—	169656105
V	Visa Inc Cl A	627,417	$75,052	5.0%	$58.14	+97.4%	—	92826C839
EXPD	Expeditors International of Washington	1,149,804	$72,783	4.9%	$37.63	+55.2%	—	302130109
YUM	YUM! Brands Inc	825,175	$70,247	4.7%	$42.96	+65.3%	—	988498101
ROST	Ross Stores Inc	750,004	$58,485	3.9%	$46.31	+58.3%	—	778296103
ORLY	O'Reilly Automotive Inc	230,329	$56,979	3.8%	$13.20	+28.1%	—	67103H107
—	Strayer Education Inc	534,711	$54,033	3.6%	$56.79	—	—	863236105
NVR	NVR Inc	14,677	$41,096	2.8%	$1065.92	+198.3%	—	62944T105
WAT	Waters Corp	99,423	$19,750	1.3%	$103.09	+100.6%	—	941848103
VGSH	Vanguard Scottsdale Fds	53,180	$3,193	0.2%	$60.04	—	—	92206C102
USB	US Bancorp	16,712	$844	0.1%	$28.42	+40.5%	—	902973304