MARSHFIELD ASSOCIATES Long-Term Concentrated

Location: Washington, DC

CIK: 0000914976 · Show all filings

Period: Q4 2018 (← Previous) (Next →)

Filing Date: May 9, 2023

Total Value: $1.384B (100.0% shares, 0.0% debt)

Holdings (19)

MCO Moody's Corp. 10.7%

Value $149M Shares 1,061,091 Share Price $140.04 Est. Cost/Share — Unrealized @ Report Date —

ACGL Arch Capital Group Ltd 8.5%

Value $118M Shares 4,429,266 Share Price $26.72 Est. Cost/Share — Unrealized @ Report Date —

DE Deere & Co. 7.4%

Value $102M Shares 685,110 Share Price $149.17 Est. Cost/Share — Unrealized @ Report Date —

AZO Autozone Inc. 7.3%

Value $100M Shares 119,850 Share Price $838.34 Est. Cost/Share — Unrealized @ Report Date —

CMG Chipotle Mexican Grill Cl A 7.1%

Value $98.44M Shares 227,970 Share Price $431.79 Est. Cost/Share — Unrealized @ Report Date —

MA Mastercard Inc Class A 6.3%

Value $86.76M Shares 459,896 Share Price $188.65 Est. Cost/Share — Unrealized @ Report Date —

ORLY O'Reilly Automotive Inc 5.7%

Value $78.5M Shares 227,994 Share Price $344.33 Est. Cost/Share — Unrealized @ Report Date —

V Visa Inc Cl A 5.6%

Value $77.71M Shares 588,964 Share Price $131.94 Est. Cost/Share — Unrealized @ Report Date —

FAST Fastenal Co 5.4%

Value $74.44M Shares 1,423,645 Share Price $52.29 Est. Cost/Share — Unrealized @ Report Date —

EXPD Expeditors International of Washington 5.3%

Value $74.05M Shares 1,087,501 Share Price $68.09 Est. Cost/Share — Unrealized @ Report Date —

YUM YUM! Brands Inc 5.2%

Value $71.44M Shares 777,194 Share Price $91.92 Est. Cost/Share — Unrealized @ Report Date —

GS Goldman Sachs Group Inc 5.1%

Value $69.94M Shares 418,662 Share Price $167.05 Est. Cost/Share — Unrealized @ Report Date —

CMI Cummins Inc 5.0%

Value $69.34M Shares 518,897 Share Price $133.64 Est. Cost/Share — Unrealized @ Report Date —

ROST Ross Stores Inc 4.2%

Value $58.64M Shares 704,854 Share Price $83.20 Est. Cost/Share — Unrealized @ Report Date —

STRA Strategic Education Inc 4.1%

Value $57.09M Shares 503,320 Share Price $113.42 Est. Cost/Share — Unrealized @ Report Date —

UNP Union Pacific Corporation 3.2%

Value $43.91M Shares 317,633 Share Price $138.23 Est. Cost/Share — Unrealized @ Report Date —

NVR NVR Inc 2.5%

Value $34.23M Shares 14,044 Share Price $2436.98 Est. Cost/Share — Unrealized @ Report Date —

WAT Waters Corp 1.3%

Value $17.58M Shares 93,181 Share Price $188.65 Est. Cost/Share — Unrealized @ Report Date —

VGSH Vanguard Scottsdale Fds 0.2%

Value $2.596M Shares 43,180 Share Price $60.12 Est. Cost/Share — Unrealized @ Report Date —

Ticker	Issuer	Shares	Value	%	Share Price	Est. Cost/Share	Unrealized @ Report Date	Class	CUSIP
MCO	Moody's Corp.	1,061,091	$149M	10.7%	$140.04	—	—	COM	615369105
ACGL	Arch Capital Group Ltd	4,429,266	$118M	8.5%	$26.72	—	—	COM	G0450A105
DE	Deere & Co.	685,110	$102M	7.4%	$149.17	—	—	COM	244199105
AZO	Autozone Inc.	119,850	$100M	7.3%	$838.34	—	—	COM	053332102
CMG	Chipotle Mexican Grill Cl A	227,970	$98.44M	7.1%	$431.79	—	—	COM	169656105
MA	Mastercard Inc Class A	459,896	$86.76M	6.3%	$188.65	—	—	COM	57636Q104
ORLY	O'Reilly Automotive Inc	227,994	$78.5M	5.7%	$344.33	—	—	COM	67103H107
V	Visa Inc Cl A	588,964	$77.71M	5.6%	$131.94	—	—	COM	92826C839
FAST	Fastenal Co	1,423,645	$74.44M	5.4%	$52.29	—	—	COM	311900104
EXPD	Expeditors International of Washington	1,087,501	$74.05M	5.3%	$68.09	—	—	COM	302130109
YUM	YUM! Brands Inc	777,194	$71.44M	5.2%	$91.92	—	—	COM	988498101
GS	Goldman Sachs Group Inc	418,662	$69.94M	5.1%	$167.05	—	—	COM	38141G104
CMI	Cummins Inc	518,897	$69.34M	5.0%	$133.64	—	—	COM	231021106
ROST	Ross Stores Inc	704,854	$58.64M	4.2%	$83.20	—	—	COM	778296103
STRA	Strategic Education Inc	503,320	$57.09M	4.1%	$113.42	—	—	COM	86272C103
UNP	Union Pacific Corporation	317,633	$43.91M	3.2%	$138.23	—	—	COM	907818108
NVR	NVR Inc	14,044	$34.23M	2.5%	$2436.98	—	—	COM	62944T105
WAT	Waters Corp	93,181	$17.58M	1.3%	$188.65	—	—	COM	941848103
VGSH	Vanguard Scottsdale Fds	43,180	$2.596M	0.2%	$60.12	—	—	Short Term Treas	92206C102