MARSHFIELD ASSOCIATES Long-Term Concentrated

Location: Washington, DC

CIK: 0000914976 · Show all filings

Period: Q3 2018 (← Previous) (Next →)

Filing Date: May 9, 2023

Total Value: $1.559B (100.0% shares, 0.0% debt)

Holdings (19)

MCO Moody's Corp. 11.6%

Value $182M Shares 1,085,608 Share Price $167.20 Est. Cost/Share — Unrealized @ Report Date —

ACGL Arch Capital Group Ltd 8.5%

Value $132M Shares 4,441,474 Share Price $29.81 Est. Cost/Share — Unrealized @ Report Date —

DE Deere & Co. 6.8%

Value $106M Shares 701,970 Share Price $150.33 Est. Cost/Share — Unrealized @ Report Date —

CMG Chipotle Mexican Grill Cl A 6.8%

Value $105M Shares 232,063 Share Price $454.52 Est. Cost/Share — Unrealized @ Report Date —

MA Mastercard Inc Class A 6.7%

Value $105M Shares 470,877 Share Price $222.61 Est. Cost/Share — Unrealized @ Report Date —

GS Goldman Sachs Group Inc 6.5%

Value $101M Shares 452,054 Share Price $224.24 Est. Cost/Share — Unrealized @ Report Date —

AZO Autozone Inc. 6.1%

Value $94.71M Shares 122,097 Share Price $775.70 Est. Cost/Share — Unrealized @ Report Date —

V Visa Inc Cl A 5.8%

Value $90.17M Shares 600,810 Share Price $150.09 Est. Cost/Share — Unrealized @ Report Date —

FAST Fastenal Co 5.4%

Value $84.3M Shares 1,452,985 Share Price $58.02 Est. Cost/Share — Unrealized @ Report Date —

EXPD Expeditors International of Washington 5.2%

Value $81.4M Shares 1,107,014 Share Price $73.53 Est. Cost/Share — Unrealized @ Report Date —

ORLY O'Reilly Automotive Inc 5.2%

Value $80.81M Shares 232,668 Share Price $347.32 Est. Cost/Share — Unrealized @ Report Date —

CMI Cummins Inc 4.9%

Value $77.03M Shares 527,379 Share Price $146.07 Est. Cost/Share — Unrealized @ Report Date —

YUM YUM! Brands Inc 4.6%

Value $71.77M Shares 789,442 Share Price $90.91 Est. Cost/Share — Unrealized @ Report Date —

ROST Ross Stores Inc 4.6%

Value $71.23M Shares 718,744 Share Price $99.10 Est. Cost/Share — Unrealized @ Report Date —

STRA Strategic Education Inc 4.5%

Value $70.45M Shares 514,120 Share Price $137.03 Est. Cost/Share — Unrealized @ Report Date —

UNP Union Pacific Corporation 3.2%

Value $50.55M Shares 310,442 Share Price $162.83 Est. Cost/Share — Unrealized @ Report Date —

NVR NVR Inc 2.2%

Value $34.97M Shares 14,153 Share Price $2470.78 Est. Cost/Share — Unrealized @ Report Date —

WAT Waters Corp 1.2%

Value $18.32M Shares 94,124 Share Price $194.68 Est. Cost/Share — Unrealized @ Report Date —

VGSH Vanguard Scottsdale Fds 0.2%

Value $2.58M Shares 43,180 Share Price $59.74 Est. Cost/Share — Unrealized @ Report Date —

Ticker	Issuer	Shares	Value	%	Share Price	Est. Cost/Share	Unrealized @ Report Date	Class	CUSIP
MCO	Moody's Corp.	1,085,608	$182M	11.6%	$167.20	—	—	COM	615369105
ACGL	Arch Capital Group Ltd	4,441,474	$132M	8.5%	$29.81	—	—	COM	G0450A105
DE	Deere & Co.	701,970	$106M	6.8%	$150.33	—	—	COM	244199105
CMG	Chipotle Mexican Grill Cl A	232,063	$105M	6.8%	$454.52	—	—	COM	169656105
MA	Mastercard Inc Class A	470,877	$105M	6.7%	$222.61	—	—	COM	57636Q104
GS	Goldman Sachs Group Inc	452,054	$101M	6.5%	$224.24	—	—	COM	38141G104
AZO	Autozone Inc.	122,097	$94.71M	6.1%	$775.70	—	—	COM	053332102
V	Visa Inc Cl A	600,810	$90.17M	5.8%	$150.09	—	—	COM	92826C839
FAST	Fastenal Co	1,452,985	$84.3M	5.4%	$58.02	—	—	COM	311900104
EXPD	Expeditors International of Washington	1,107,014	$81.4M	5.2%	$73.53	—	—	COM	302130109
ORLY	O'Reilly Automotive Inc	232,668	$80.81M	5.2%	$347.32	—	—	COM	67103H107
CMI	Cummins Inc	527,379	$77.03M	4.9%	$146.07	—	—	COM	231021106
YUM	YUM! Brands Inc	789,442	$71.77M	4.6%	$90.91	—	—	COM	988498101
ROST	Ross Stores Inc	718,744	$71.23M	4.6%	$99.10	—	—	COM	778296103
STRA	Strategic Education Inc	514,120	$70.45M	4.5%	$137.03	—	—	COM	86272C103
UNP	Union Pacific Corporation	310,442	$50.55M	3.2%	$162.83	—	—	COM	907818108
NVR	NVR Inc	14,153	$34.97M	2.2%	$2470.78	—	—	COM	62944T105
WAT	Waters Corp	94,124	$18.32M	1.2%	$194.68	—	—	COM	941848103
VGSH	Vanguard Scottsdale Fds	43,180	$2.58M	0.2%	$59.74	—	—	Short Term Treas	92206C102