MARSHFIELD ASSOCIATES Long-Term Concentrated

Location: Washington, DC

CIK: 0000914976 · Show all filings

Period: Q2 2018 (← Previous) (Next →)

Filing Date: May 9, 2023

Total Value: $1.506B (100.0% shares, 0.0% debt)

Holdings (20)

MCO Moody's Corp. 12.6%

Value $190M Shares 1,115,597 Share Price $170.56 Est. Cost/Share — Unrealized @ Report Date —

ACGL Arch Capital Group Ltd 8.0%

Value $120M Shares 4,551,811 Share Price $26.46 Est. Cost/Share — Unrealized @ Report Date —

CMG Chipotle Mexican Grill Cl A 6.8%

Value $103M Shares 238,570 Share Price $431.37 Est. Cost/Share — Unrealized @ Report Date —

GS Goldman Sachs Group Inc 6.8%

Value $102M Shares 462,180 Share Price $220.57 Est. Cost/Share — Unrealized @ Report Date —

DE Deere & Co. 6.7%

Value $101M Shares 719,785 Share Price $139.80 Est. Cost/Share — Unrealized @ Report Date —

MA Mastercard Inc Class A 6.3%

Value $95.04M Shares 483,605 Share Price $196.52 Est. Cost/Share — Unrealized @ Report Date —

UNP Union Pacific Corporation 5.6%

Value $85.04M Shares 600,218 Share Price $141.68 Est. Cost/Share — Unrealized @ Report Date —

AZO Autozone Inc. 5.6%

Value $84.2M Shares 125,495 Share Price $670.93 Est. Cost/Share — Unrealized @ Report Date —

EXPD Expeditors International of Wa 5.5%

Value $82.84M Shares 1,133,306 Share Price $73.10 Est. Cost/Share — Unrealized @ Report Date —

V Visa Inc Cl A 5.4%

Value $81.84M Shares 617,894 Share Price $132.45 Est. Cost/Share — Unrealized @ Report Date —

FAST Fastenal Co 4.8%

Value $72.11M Shares 1,498,343 Share Price $48.13 Est. Cost/Share — Unrealized @ Report Date —

CMI Cummins Inc 4.8%

Value $71.99M Shares 541,276 Share Price $133.00 Est. Cost/Share — Unrealized @ Report Date —

ORLY O'Reilly Automotive Inc 4.3%

Value $65.21M Shares 238,373 Share Price $273.57 Est. Cost/Share — Unrealized @ Report Date —

YUM YUM! Brands Inc 4.2%

Value $63.66M Shares 813,886 Share Price $78.22 Est. Cost/Share — Unrealized @ Report Date —

ROST Ross Stores Inc 4.2%

Value $62.65M Shares 739,229 Share Price $84.75 Est. Cost/Share — Unrealized @ Report Date —

— Strayer Education Inc 4.0%

Value $59.57M Shares 527,115 Share Price $113.01 Est. Cost/Share — Unrealized @ Report Date —

NVR NVR Inc 2.9%

Value $43.22M Shares 14,551 Share Price $2970.38 Est. Cost/Share — Unrealized @ Report Date —

WAT Waters Corp 1.3%

Value $19.02M Shares 98,221 Share Price $193.59 Est. Cost/Share — Unrealized @ Report Date —

VGSH Vanguard Scottsdale Fds 0.2%

Value $2.587M Shares 43,180 Share Price $59.92 Est. Cost/Share — Unrealized @ Report Date —

USB US Bancorp 0.1%

Value $836K Shares 16,712 Share Price $50.02 Est. Cost/Share — Unrealized @ Report Date —

Ticker	Issuer	Shares	Value	%	Share Price	Est. Cost/Share	Unrealized @ Report Date	Class	CUSIP
MCO	Moody's Corp.	1,115,597	$190M	12.6%	$170.56	—	—	COM	615369105
ACGL	Arch Capital Group Ltd	4,551,811	$120M	8.0%	$26.46	—	—	COM	G0450A105
CMG	Chipotle Mexican Grill Cl A	238,570	$103M	6.8%	$431.37	—	—	COM	169656105
GS	Goldman Sachs Group Inc	462,180	$102M	6.8%	$220.57	—	—	COM	38141G104
DE	Deere & Co.	719,785	$101M	6.7%	$139.80	—	—	COM	244199105
MA	Mastercard Inc Class A	483,605	$95.04M	6.3%	$196.52	—	—	COM	57636Q104
UNP	Union Pacific Corporation	600,218	$85.04M	5.6%	$141.68	—	—	COM	907818108
AZO	Autozone Inc.	125,495	$84.2M	5.6%	$670.93	—	—	COM	053332102
EXPD	Expeditors International of Wa	1,133,306	$82.84M	5.5%	$73.10	—	—	COM	302130109
V	Visa Inc Cl A	617,894	$81.84M	5.4%	$132.45	—	—	COM	92826C839
FAST	Fastenal Co	1,498,343	$72.11M	4.8%	$48.13	—	—	COM	311900104
CMI	Cummins Inc	541,276	$71.99M	4.8%	$133.00	—	—	COM	231021106
ORLY	O'Reilly Automotive Inc	238,373	$65.21M	4.3%	$273.57	—	—	COM	67103H107
YUM	YUM! Brands Inc	813,886	$63.66M	4.2%	$78.22	—	—	COM	988498101
ROST	Ross Stores Inc	739,229	$62.65M	4.2%	$84.75	—	—	COM	778296103
—	Strayer Education Inc	527,115	$59.57M	4.0%	$113.01	—	—	COM	863236105
NVR	NVR Inc	14,551	$43.22M	2.9%	$2970.38	—	—	COM	62944T105
WAT	Waters Corp	98,221	$19.02M	1.3%	$193.59	—	—	COM	941848103
VGSH	Vanguard Scottsdale Fds	43,180	$2.587M	0.2%	$59.92	—	—	Short Term Treas	92206C102
USB	US Bancorp	16,712	$836K	0.1%	$50.02	—	—	COM	902973304