MARSHFIELD ASSOCIATES Long-Term Concentrated

CIK: 0000914976 · Show all filings

Period: Q1 2019 (← Previous) (Next →)

Filing Date: May 9, 2023

Total Value ($000): $1,635,174

Holdings (19)

MCO Moody's Corp. 11.7%

Value ($000) $191,570 Shares 1,057,874 Est. Cost $81.86 Unrealized +89.3%

CMG Chipotle Mexican Grill Cl A 9.8%

Value ($000) $160,887 Shares 226,502 Est. Cost $7.49 Unrealized +54.9%

ACGL Arch Capital Group Ltd 8.7%

Value ($000) $142,414 Shares 4,406,381 Est. Cost $22.89 Unrealized +26.5%

AZO Autozone Inc. 7.5%

Value ($000) $122,452 Shares 119,568 Est. Cost $601.04 Unrealized +49.3%

DE Deere & Co. 6.7%

Value ($000) $109,226 Shares 683,348 Est. Cost $71.03 Unrealized +103.5%

MA Mastercard Inc Class A 6.6%

Value ($000) $107,367 Shares 456,007 Est. Cost $71.20 Unrealized +191.0%

V Visa Inc Cl A 5.6%

Value ($000) $91,594 Shares 586,430 Est. Cost $58.14 Unrealized +136.3%

FAST Fastenal Co 5.6%

Value ($000) $91,149 Shares 1,417,334 Est. Cost $8.01 Unrealized +57.7%

ORLY O'Reilly Automotive Inc 5.4%

Value ($000) $88,222 Shares 227,201 Est. Cost $13.34 Unrealized +81.3%

EXPD Expeditors International of Washington 5.0%

Value ($000) $82,405 Shares 1,085,709 Est. Cost $37.63 Unrealized +76.4%

CMI Cummins Inc 5.0%

Value ($000) $81,831 Shares 518,344 Est. Cost $84.91 Unrealized +48.1%

GS Goldman Sachs Group Inc 4.9%

Value ($000) $80,463 Shares 419,099 Est. Cost $122.21 Unrealized +34.3%

STRA Strategic Education Inc 4.0%

Value ($000) $65,845 Shares 501,445 Est. Cost $106.05 Unrealized -4.4%

ROST Ross Stores Inc 4.0%

Value ($000) $65,511 Shares 703,666 Est. Cost $46.31 Unrealized +85.0%

UNP Union Pacific Corporation 3.2%

Value ($000) $52,913 Shares 316,468 Est. Cost $69.44 Unrealized +98.9%

YUM YUM! Brands Inc 2.8%

Value ($000) $45,260 Shares 453,457 Est. Cost $42.96 Unrealized +94.3%

NVR NVR Inc 2.4%

Value ($000) $38,943 Shares 14,074 Est. Cost $1065.92 Unrealized +146.9%

WAT Waters Corp 0.8%

Value ($000) $13,674 Shares 54,326 Est. Cost $103.09 Unrealized +121.0%

VGSH Vanguard Scottsdale Fds 0.2%

Value ($000) $3,448 Shares 57,067 Est. Cost $60.13 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
MCO	Moody's Corp.	1,057,874	$191,570	11.7%	$81.86	+89.3%	—	615369105
CMG	Chipotle Mexican Grill Cl A	226,502	$160,887	9.8%	$7.49	+54.9%	—	169656105
ACGL	Arch Capital Group Ltd	4,406,381	$142,414	8.7%	$22.89	+26.5%	—	G0450A105
AZO	Autozone Inc.	119,568	$122,452	7.5%	$601.04	+49.3%	—	053332102
DE	Deere & Co.	683,348	$109,226	6.7%	$71.03	+103.5%	—	244199105
MA	Mastercard Inc Class A	456,007	$107,367	6.6%	$71.20	+191.0%	—	57636Q104
V	Visa Inc Cl A	586,430	$91,594	5.6%	$58.14	+136.3%	—	92826C839
FAST	Fastenal Co	1,417,334	$91,149	5.6%	$8.01	+57.7%	—	311900104
ORLY	O'Reilly Automotive Inc	227,201	$88,222	5.4%	$13.34	+81.3%	—	67103H107
EXPD	Expeditors International of Washington	1,085,709	$82,405	5.0%	$37.63	+76.4%	—	302130109
CMI	Cummins Inc	518,344	$81,831	5.0%	$84.91	+48.1%	—	231021106
GS	Goldman Sachs Group Inc	419,099	$80,463	4.9%	$122.21	+34.3%	—	38141G104
STRA	Strategic Education Inc	501,445	$65,845	4.0%	$106.05	-4.4%	—	86272C103
ROST	Ross Stores Inc	703,666	$65,511	4.0%	$46.31	+85.0%	—	778296103
UNP	Union Pacific Corporation	316,468	$52,913	3.2%	$69.44	+98.9%	—	907818108
YUM	YUM! Brands Inc	453,457	$45,260	2.8%	$42.96	+94.3%	—	988498101
NVR	NVR Inc	14,074	$38,943	2.4%	$1065.92	+146.9%	—	62944T105
WAT	Waters Corp	54,326	$13,674	0.8%	$103.09	+121.0%	—	941848103
VGSH	Vanguard Scottsdale Fds	57,067	$3,448	0.2%	$60.13	—	—	92206C102