MARSHFIELD ASSOCIATES Long-Term Concentrated

CIK: 0000914976 · Show all filings

Period: Q3 2019 (← Previous) (Next →)

Filing Date: May 9, 2023

Total Value ($000): $1,591,456

Holdings (19)

MCO Moody's Corp. 13.3%

Value ($000) $211,608 Shares 1,033,089 Est. Cost $81.86 Unrealized +142.7%

ACGL Arch Capital Group Ltd 11.5%

Value ($000) $182,540 Shares 4,348,252 Est. Cost $22.89 Unrealized +63.8%

AZO Autozone Inc. 8.0%

Value ($000) $127,520 Shares 117,571 Est. Cost $601.04 Unrealized +86.5%

MA Mastercard Inc Class A 7.6%

Value ($000) $120,686 Shares 444,402 Est. Cost $71.20 Unrealized +273.8%

DE Deere & Co. 7.1%

Value ($000) $113,261 Shares 671,454 Est. Cost $71.03 Unrealized +105.6%

V Visa Inc Cl A 6.2%

Value ($000) $99,053 Shares 575,856 Est. Cost $58.14 Unrealized +192.9%

FAST Fastenal Co 5.7%

Value ($000) $91,308 Shares 2,794,872 Est. Cost $10.93 Unrealized +21.1%

ORLY O'Reilly Automotive Inc 5.5%

Value ($000) $88,294 Shares 221,560 Est. Cost $13.34 Unrealized +93.6%

GS Goldman Sachs Group Inc 5.4%

Value ($000) $86,045 Shares 415,214 Est. Cost $122.21 Unrealized +46.9%

CMI Cummins Inc 5.2%

Value ($000) $83,321 Shares 512,208 Est. Cost $84.91 Unrealized +60.3%

EXPD Expeditors International of Washington 5.0%

Value ($000) $79,433 Shares 1,069,225 Est. Cost $37.63 Unrealized +80.3%

ROST Ross Stores Inc 4.8%

Value ($000) $76,097 Shares 692,734 Est. Cost $46.31 Unrealized +113.9%

CMG Chipotle Mexican Grill Cl A 4.5%

Value ($000) $71,274 Shares 84,802 Est. Cost $7.49 Unrealized +112.9%

NVR NVR Inc 3.3%

Value ($000) $51,742 Shares 13,919 Est. Cost $1065.92 Unrealized +230.3%

UNP Union Pacific Corporation 3.2%

Value ($000) $50,612 Shares 312,461 Est. Cost $69.44 Unrealized +110.0%

STRA Strategic Education Inc 2.6%

Value ($000) $42,097 Shares 309,810 Est. Cost $106.05 Unrealized +34.6%

WAT Waters Corp 0.7%

Value ($000) $11,781 Shares 52,775 Est. Cost $103.09 Unrealized +109.4%

VGSH Vanguard Scottsdale Fds 0.3%

Value ($000) $4,033 Shares 66,187 Est. Cost $60.24 Unrealized —

BIL SPDR Ser Tr 0.0%

Value ($000) $751 Shares 8,200 Est. Cost $91.61 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
MCO	Moody's Corp.	1,033,089	$211,608	13.3%	$81.86	+142.7%	—	615369105
ACGL	Arch Capital Group Ltd	4,348,252	$182,540	11.5%	$22.89	+63.8%	—	G0450A105
AZO	Autozone Inc.	117,571	$127,520	8.0%	$601.04	+86.5%	—	053332102
MA	Mastercard Inc Class A	444,402	$120,686	7.6%	$71.20	+273.8%	—	57636Q104
DE	Deere & Co.	671,454	$113,261	7.1%	$71.03	+105.6%	—	244199105
V	Visa Inc Cl A	575,856	$99,053	6.2%	$58.14	+192.9%	—	92826C839
FAST	Fastenal Co	2,794,872	$91,308	5.7%	$10.93	+21.1%	—	311900104
ORLY	O'Reilly Automotive Inc	221,560	$88,294	5.5%	$13.34	+93.6%	—	67103H107
GS	Goldman Sachs Group Inc	415,214	$86,045	5.4%	$122.21	+46.9%	—	38141G104
CMI	Cummins Inc	512,208	$83,321	5.2%	$84.91	+60.3%	—	231021106
EXPD	Expeditors International of Washington	1,069,225	$79,433	5.0%	$37.63	+80.3%	—	302130109
ROST	Ross Stores Inc	692,734	$76,097	4.8%	$46.31	+113.9%	—	778296103
CMG	Chipotle Mexican Grill Cl A	84,802	$71,274	4.5%	$7.49	+112.9%	—	169656105
NVR	NVR Inc	13,919	$51,742	3.3%	$1065.92	+230.3%	—	62944T105
UNP	Union Pacific Corporation	312,461	$50,612	3.2%	$69.44	+110.0%	—	907818108
STRA	Strategic Education Inc	309,810	$42,097	2.6%	$106.05	+34.6%	—	86272C103
WAT	Waters Corp	52,775	$11,781	0.7%	$103.09	+109.4%	—	941848103
VGSH	Vanguard Scottsdale Fds	66,187	$4,033	0.3%	$60.24	—	—	92206C102
BIL	SPDR Ser Tr	8,200	$751	0.0%	$91.61	—	—	78468R663