MARSHFIELD ASSOCIATES Long-Term Concentrated

Location: Washington, DC

CIK: 0000914976 · Show all filings

Period: Q3 2019 (← Previous) (Next →)

Filing Date: May 9, 2023

Total Value: $1.591B (100.0% shares, 0.0% debt)

Holdings (19)

MCO Moody's Corp. 13.3%

Value $212M Shares 1,033,089 Share Price $204.83 Est. Cost/Share — Unrealized @ Report Date —

ACGL Arch Capital Group Ltd 11.5%

Value $183M Shares 4,348,252 Share Price $41.98 Est. Cost/Share — Unrealized @ Report Date —

AZO Autozone Inc. 8.0%

Value $128M Shares 117,571 Share Price $1084.62 Est. Cost/Share — Unrealized @ Report Date —

MA Mastercard Inc Class A 7.6%

Value $121M Shares 444,402 Share Price $271.57 Est. Cost/Share — Unrealized @ Report Date —

DE Deere & Co. 7.1%

Value $113M Shares 671,454 Share Price $168.68 Est. Cost/Share — Unrealized @ Report Date —

V Visa Inc Cl A 6.2%

Value $99.05M Shares 575,856 Share Price $172.01 Est. Cost/Share — Unrealized @ Report Date —

FAST Fastenal Co 5.7%

Value $91.31M Shares 2,794,872 Share Price $32.67 Est. Cost/Share — Unrealized @ Report Date —

ORLY O'Reilly Automotive Inc 5.5%

Value $88.29M Shares 221,560 Share Price $398.51 Est. Cost/Share — Unrealized @ Report Date —

GS Goldman Sachs Group Inc 5.4%

Value $86.05M Shares 415,214 Share Price $207.23 Est. Cost/Share — Unrealized @ Report Date —

CMI Cummins Inc 5.2%

Value $83.32M Shares 512,208 Share Price $162.67 Est. Cost/Share — Unrealized @ Report Date —

EXPD Expeditors International of Washington 5.0%

Value $79.43M Shares 1,069,225 Share Price $74.29 Est. Cost/Share — Unrealized @ Report Date —

ROST Ross Stores Inc 4.8%

Value $76.1M Shares 692,734 Share Price $109.85 Est. Cost/Share — Unrealized @ Report Date —

CMG Chipotle Mexican Grill Cl A 4.5%

Value $71.27M Shares 84,802 Share Price $840.48 Est. Cost/Share — Unrealized @ Report Date —

NVR NVR Inc 3.3%

Value $51.74M Shares 13,919 Share Price $3717.36 Est. Cost/Share — Unrealized @ Report Date —

UNP Union Pacific Corporation 3.2%

Value $50.61M Shares 312,461 Share Price $161.98 Est. Cost/Share — Unrealized @ Report Date —

STRA Strategic Education Inc 2.6%

Value $42.1M Shares 309,810 Share Price $135.88 Est. Cost/Share — Unrealized @ Report Date —

WAT Waters Corp 0.7%

Value $11.78M Shares 52,775 Share Price $223.23 Est. Cost/Share — Unrealized @ Report Date —

VGSH Vanguard Scottsdale Fds 0.3%

Value $4.033M Shares 66,187 Share Price $60.93 Est. Cost/Share — Unrealized @ Report Date —

BIL SPDR Ser Tr 0.0%

Value $751K Shares 8,200 Share Price $91.59 Est. Cost/Share — Unrealized @ Report Date —

Ticker	Issuer	Shares	Value	%	Share Price	Est. Cost/Share	Unrealized @ Report Date	Class	CUSIP
MCO	Moody's Corp.	1,033,089	$212M	13.3%	$204.83	—	—	COM	615369105
ACGL	Arch Capital Group Ltd	4,348,252	$183M	11.5%	$41.98	—	—	COM	G0450A105
AZO	Autozone Inc.	117,571	$128M	8.0%	$1084.62	—	—	COM	053332102
MA	Mastercard Inc Class A	444,402	$121M	7.6%	$271.57	—	—	COM	57636Q104
DE	Deere & Co.	671,454	$113M	7.1%	$168.68	—	—	COM	244199105
V	Visa Inc Cl A	575,856	$99.05M	6.2%	$172.01	—	—	COM	92826C839
FAST	Fastenal Co	2,794,872	$91.31M	5.7%	$32.67	—	—	COM	311900104
ORLY	O'Reilly Automotive Inc	221,560	$88.29M	5.5%	$398.51	—	—	COM	67103H107
GS	Goldman Sachs Group Inc	415,214	$86.05M	5.4%	$207.23	—	—	COM	38141G104
CMI	Cummins Inc	512,208	$83.32M	5.2%	$162.67	—	—	COM	231021106
EXPD	Expeditors International of Washington	1,069,225	$79.43M	5.0%	$74.29	—	—	COM	302130109
ROST	Ross Stores Inc	692,734	$76.1M	4.8%	$109.85	—	—	COM	778296103
CMG	Chipotle Mexican Grill Cl A	84,802	$71.27M	4.5%	$840.48	—	—	COM	169656105
NVR	NVR Inc	13,919	$51.74M	3.3%	$3717.36	—	—	COM	62944T105
UNP	Union Pacific Corporation	312,461	$50.61M	3.2%	$161.98	—	—	COM	907818108
STRA	Strategic Education Inc	309,810	$42.1M	2.6%	$135.88	—	—	COM	86272C103
WAT	Waters Corp	52,775	$11.78M	0.7%	$223.23	—	—	COM	941848103
VGSH	Vanguard Scottsdale Fds	66,187	$4.033M	0.3%	$60.93	—	—	Short Term Treas	92206C102
BIL	SPDR Ser Tr	8,200	$751K	0.0%	$91.59	—	—	Bloomberg 1-3 Mo	78468R663