MARSHFIELD ASSOCIATES Long-Term Concentrated

CIK: 0000914976 · Show all filings

Period: Q4 2018 (← Previous) (Next →)

Filing Date: May 9, 2023

Total Value ($000): $1,384,275

Holdings (19)

MCO Moody's Corp. 10.7%

Value ($000) $148,595 Shares 1,061,091 Est. Cost $81.86 Unrealized +73.2%

ACGL Arch Capital Group Ltd 8.5%

Value ($000) $118,350 Shares 4,429,266 Est. Cost $22.89 Unrealized +14.9%

DE Deere & Co. 7.4%

Value ($000) $102,198 Shares 685,110 Est. Cost $71.03 Unrealized +85.5%

AZO Autozone Inc. 7.3%

Value ($000) $100,475 Shares 119,850 Est. Cost $601.04 Unrealized +33.4%

CMG Chipotle Mexican Grill Cl A 7.1%

Value ($000) $98,435 Shares 227,970 Est. Cost $7.49 Unrealized +20.7%

MA Mastercard Inc Class A 6.3%

Value ($000) $86,759 Shares 459,896 Est. Cost $71.20 Unrealized +168.2%

ORLY O'Reilly Automotive Inc 5.7%

Value ($000) $78,505 Shares 227,994 Est. Cost $13.34 Unrealized +70.6%

V Visa Inc Cl A 5.6%

Value ($000) $77,708 Shares 588,964 Est. Cost $58.14 Unrealized +126.0%

FAST Fastenal Co 5.4%

Value ($000) $74,442 Shares 1,423,645 Est. Cost $8.01 Unrealized +40.7%

EXPD Expeditors International of Washington 5.3%

Value ($000) $74,048 Shares 1,087,501 Est. Cost $37.63 Unrealized +70.9%

YUM YUM! Brands Inc 5.2%

Value ($000) $71,440 Shares 777,194 Est. Cost $42.96 Unrealized +82.5%

GS Goldman Sachs Group Inc 5.1%

Value ($000) $69,938 Shares 418,662 Est. Cost $122.21 Unrealized +39.8%

CMI Cummins Inc 5.0%

Value ($000) $69,345 Shares 518,897 Est. Cost $84.91 Unrealized +38.4%

ROST Ross Stores Inc 4.2%

Value ($000) $58,644 Shares 704,854 Est. Cost $46.31 Unrealized +82.1%

STRA Strategic Education Inc 4.1%

Value ($000) $57,087 Shares 503,320 Est. Cost $106.05 Unrealized -0.4%

UNP Union Pacific Corporation 3.2%

Value ($000) $43,906 Shares 317,633 Est. Cost $69.44 Unrealized +82.1%

NVR NVR Inc 2.5%

Value ($000) $34,225 Shares 14,044 Est. Cost $1065.92 Unrealized +121.8%

WAT Waters Corp 1.3%

Value ($000) $17,579 Shares 93,181 Est. Cost $103.09 Unrealized +84.3%

VGSH Vanguard Scottsdale Fds 0.2%

Value ($000) $2,596 Shares 43,180 Est. Cost $60.04 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
MCO	Moody's Corp.	1,061,091	$148,595	10.7%	$81.86	+73.2%	—	615369105
ACGL	Arch Capital Group Ltd	4,429,266	$118,350	8.5%	$22.89	+14.9%	—	G0450A105
DE	Deere & Co.	685,110	$102,198	7.4%	$71.03	+85.5%	—	244199105
AZO	Autozone Inc.	119,850	$100,475	7.3%	$601.04	+33.4%	—	053332102
CMG	Chipotle Mexican Grill Cl A	227,970	$98,435	7.1%	$7.49	+20.7%	—	169656105
MA	Mastercard Inc Class A	459,896	$86,759	6.3%	$71.20	+168.2%	—	57636Q104
ORLY	O'Reilly Automotive Inc	227,994	$78,505	5.7%	$13.34	+70.6%	—	67103H107
V	Visa Inc Cl A	588,964	$77,708	5.6%	$58.14	+126.0%	—	92826C839
FAST	Fastenal Co	1,423,645	$74,442	5.4%	$8.01	+40.7%	—	311900104
EXPD	Expeditors International of Washington	1,087,501	$74,048	5.3%	$37.63	+70.9%	—	302130109
YUM	YUM! Brands Inc	777,194	$71,440	5.2%	$42.96	+82.5%	—	988498101
GS	Goldman Sachs Group Inc	418,662	$69,938	5.1%	$122.21	+39.8%	—	38141G104
CMI	Cummins Inc	518,897	$69,345	5.0%	$84.91	+38.4%	—	231021106
ROST	Ross Stores Inc	704,854	$58,644	4.2%	$46.31	+82.1%	—	778296103
STRA	Strategic Education Inc	503,320	$57,087	4.1%	$106.05	-0.4%	—	86272C103
UNP	Union Pacific Corporation	317,633	$43,906	3.2%	$69.44	+82.1%	—	907818108
NVR	NVR Inc	14,044	$34,225	2.5%	$1065.92	+121.8%	—	62944T105
WAT	Waters Corp	93,181	$17,579	1.3%	$103.09	+84.3%	—	941848103
VGSH	Vanguard Scottsdale Fds	43,180	$2,596	0.2%	$60.04	—	—	92206C102