MARSHFIELD ASSOCIATES Long-Term Concentrated

CIK: 0000914976 · Show all filings

Period: Q2 2018 (← Previous) (Next →)

Filing Date: May 9, 2023

Total Value ($000): $1,506,016

Holdings (20)

MCO Moody's Corp. 12.6%

Value ($000) $190,276 Shares 1,115,597 Est. Cost $81.86 Unrealized +93.4%

ACGL Arch Capital Group Ltd 8.0%

Value ($000) $120,441 Shares 4,551,811 Est. Cost $22.89 Unrealized +11.6%

CMG Chipotle Mexican Grill Cl A 6.8%

Value ($000) $102,912 Shares 238,570 Est. Cost $7.49 Unrealized +9.1%

GS Goldman Sachs Group Inc 6.8%

Value ($000) $101,943 Shares 462,180 Est. Cost $122.21 Unrealized +64.2%

DE Deere & Co. 6.7%

Value ($000) $100,626 Shares 719,785 Est. Cost $71.03 Unrealized +84.9%

MA Mastercard Inc Class A 6.3%

Value ($000) $95,038 Shares 483,605 Est. Cost $71.20 Unrealized +153.3%

UNP Union Pacific Corporation 5.6%

Value ($000) $85,039 Shares 600,218 Est. Cost $68.12 Unrealized +72.8%

AZO Autozone Inc. 5.6%

Value ($000) $84,198 Shares 125,495 Est. Cost $601.04 Unrealized +7.3%

EXPD Expeditors International of Wa 5.5%

Value ($000) $82,845 Shares 1,133,306 Est. Cost $37.63 Unrealized +69.1%

V Visa Inc Cl A 5.4%

Value ($000) $81,840 Shares 617,894 Est. Cost $58.14 Unrealized +110.0%

FAST Fastenal Co 4.8%

Value ($000) $72,115 Shares 1,498,343 Est. Cost $8.01 Unrealized +32.7%

CMI Cummins Inc 4.8%

Value ($000) $71,990 Shares 541,276 Est. Cost $84.91 Unrealized +44.4%

ORLY O'Reilly Automotive Inc 4.3%

Value ($000) $65,212 Shares 238,373 Est. Cost $13.34 Unrealized +30.5%

YUM YUM! Brands Inc 4.2%

Value ($000) $63,662 Shares 813,886 Est. Cost $42.96 Unrealized +69.0%

ROST Ross Stores Inc 4.2%

Value ($000) $62,650 Shares 739,229 Est. Cost $46.31 Unrealized +62.9%

— Strayer Education Inc 4.0%

Value ($000) $59,569 Shares 527,115 Est. Cost $56.79 Unrealized —

NVR NVR Inc 2.9%

Value ($000) $43,222 Shares 14,551 Est. Cost $1065.92 Unrealized +187.1%

WAT Waters Corp 1.3%

Value ($000) $19,015 Shares 98,221 Est. Cost $103.09 Unrealized +91.1%

VGSH Vanguard Scottsdale Fds 0.2%

Value ($000) $2,587 Shares 43,180 Est. Cost $60.04 Unrealized —

USB US Bancorp 0.1%

Value ($000) $836 Shares 16,712 Est. Cost $28.42 Unrealized +31.1%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
MCO	Moody's Corp.	1,115,597	$190,276	12.6%	$81.86	+93.4%	—	615369105
ACGL	Arch Capital Group Ltd	4,551,811	$120,441	8.0%	$22.89	+11.6%	—	G0450A105
CMG	Chipotle Mexican Grill Cl A	238,570	$102,912	6.8%	$7.49	+9.1%	—	169656105
GS	Goldman Sachs Group Inc	462,180	$101,943	6.8%	$122.21	+64.2%	—	38141G104
DE	Deere & Co.	719,785	$100,626	6.7%	$71.03	+84.9%	—	244199105
MA	Mastercard Inc Class A	483,605	$95,038	6.3%	$71.20	+153.3%	—	57636Q104
UNP	Union Pacific Corporation	600,218	$85,039	5.6%	$68.12	+72.8%	—	907818108
AZO	Autozone Inc.	125,495	$84,198	5.6%	$601.04	+7.3%	—	053332102
EXPD	Expeditors International of Wa	1,133,306	$82,845	5.5%	$37.63	+69.1%	—	302130109
V	Visa Inc Cl A	617,894	$81,840	5.4%	$58.14	+110.0%	—	92826C839
FAST	Fastenal Co	1,498,343	$72,115	4.8%	$8.01	+32.7%	—	311900104
CMI	Cummins Inc	541,276	$71,990	4.8%	$84.91	+44.4%	—	231021106
ORLY	O'Reilly Automotive Inc	238,373	$65,212	4.3%	$13.34	+30.5%	—	67103H107
YUM	YUM! Brands Inc	813,886	$63,662	4.2%	$42.96	+69.0%	—	988498101
ROST	Ross Stores Inc	739,229	$62,650	4.2%	$46.31	+62.9%	—	778296103
—	Strayer Education Inc	527,115	$59,569	4.0%	$56.79	—	—	863236105
NVR	NVR Inc	14,551	$43,222	2.9%	$1065.92	+187.1%	—	62944T105
WAT	Waters Corp	98,221	$19,015	1.3%	$103.09	+91.1%	—	941848103
VGSH	Vanguard Scottsdale Fds	43,180	$2,587	0.2%	$60.04	—	—	92206C102
USB	US Bancorp	16,712	$836	0.1%	$28.42	+31.1%	—	902973304