MARSHFIELD ASSOCIATES Long-Term Concentrated

CIK: 0000914976 · Show all filings

Period: Q4 2019 (← Previous) (Next →)

Filing Date: May 9, 2023

Total Value ($000): $1,917,830

Holdings (19)

MCO Moody's Corp. 13.8%

Value ($000) $265,551 Shares 1,118,532 Est. Cost $91.73 Unrealized +130.2%

ACGL Arch Capital Group Ltd 11.2%

Value ($000) $215,276 Shares 5,019,251 Est. Cost $25.10 Unrealized +57.2%

AZO Autozone Inc. 8.4%

Value ($000) $161,705 Shares 135,737 Est. Cost $675.16 Unrealized +71.0%

MA Mastercard Inc Class A 7.5%

Value ($000) $144,046 Shares 482,421 Est. Cost $87.07 Unrealized +213.1%

DE Deere & Co. 6.6%

Value ($000) $125,987 Shares 727,155 Est. Cost $77.69 Unrealized +103.3%

V Visa Inc Cl A 6.1%

Value ($000) $117,212 Shares 623,802 Est. Cost $66.94 Unrealized +157.8%

FAST Fastenal Co 5.9%

Value ($000) $112,983 Shares 3,057,739 Est. Cost $11.30 Unrealized +35.4%

GS Goldman Sachs Group Inc 5.8%

Value ($000) $110,325 Shares 479,819 Est. Cost $131.00 Unrealized +43.1%

ORLY O'Reilly Automotive Inc 5.7%

Value ($000) $109,426 Shares 249,682 Est. Cost $15.06 Unrealized +90.0%

CMI Cummins Inc 5.2%

Value ($000) $99,925 Shares 558,363 Est. Cost $90.38 Unrealized +67.2%

EXPD Expeditors International of Washington 4.8%

Value ($000) $91,713 Shares 1,175,505 Est. Cost $40.52 Unrealized +71.7%

ROST Ross Stores Inc 4.5%

Value ($000) $87,091 Shares 748,076 Est. Cost $50.72 Unrealized +108.8%

CMG Chipotle Mexican Grill Cl A 4.4%

Value ($000) $83,907 Shares 100,234 Est. Cost $8.81 Unrealized +82.2%

UNP Union Pacific Corporation 3.3%

Value ($000) $62,512 Shares 345,774 Est. Cost $77.14 Unrealized +93.6%

NVR NVR Inc 3.0%

Value ($000) $57,770 Shares 15,169 Est. Cost $1283.17 Unrealized +188.5%

STRA Strategic Education Inc 2.8%

Value ($000) $54,221 Shares 341,229 Est. Cost $107.03 Unrealized +9.0%

WAT Waters Corp 0.7%

Value ($000) $13,783 Shares 58,988 Est. Cost $115.50 Unrealized +91.2%

VGSH Vanguard Scottsdale Fds 0.2%

Value ($000) $3,647 Shares 59,955 Est. Cost $60.24 Unrealized —

BIL SPDR Ser Tr 0.0%

Value ($000) $750 Shares 8,200 Est. Cost $91.61 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
MCO	Moody's Corp.	1,118,532	$265,551	13.8%	$91.73	+130.2%	—	615369105
ACGL	Arch Capital Group Ltd	5,019,251	$215,276	11.2%	$25.10	+57.2%	—	G0450A105
AZO	Autozone Inc.	135,737	$161,705	8.4%	$675.16	+71.0%	—	053332102
MA	Mastercard Inc Class A	482,421	$144,046	7.5%	$87.07	+213.1%	—	57636Q104
DE	Deere & Co.	727,155	$125,987	6.6%	$77.69	+103.3%	—	244199105
V	Visa Inc Cl A	623,802	$117,212	6.1%	$66.94	+157.8%	—	92826C839
FAST	Fastenal Co	3,057,739	$112,983	5.9%	$11.30	+35.4%	—	311900104
GS	Goldman Sachs Group Inc	479,819	$110,325	5.8%	$131.00	+43.1%	—	38141G104
ORLY	O'Reilly Automotive Inc	249,682	$109,426	5.7%	$15.06	+90.0%	—	67103H107
CMI	Cummins Inc	558,363	$99,925	5.2%	$90.38	+67.2%	—	231021106
EXPD	Expeditors International of Washington	1,175,505	$91,713	4.8%	$40.52	+71.7%	—	302130109
ROST	Ross Stores Inc	748,076	$87,091	4.5%	$50.72	+108.8%	—	778296103
CMG	Chipotle Mexican Grill Cl A	100,234	$83,907	4.4%	$8.81	+82.2%	—	169656105
UNP	Union Pacific Corporation	345,774	$62,512	3.3%	$77.14	+93.6%	—	907818108
NVR	NVR Inc	15,169	$57,770	3.0%	$1283.17	+188.5%	—	62944T105
STRA	Strategic Education Inc	341,229	$54,221	2.8%	$107.03	+9.0%	—	86272C103
WAT	Waters Corp	58,988	$13,783	0.7%	$115.50	+91.2%	—	941848103
VGSH	Vanguard Scottsdale Fds	59,955	$3,647	0.2%	$60.24	—	—	92206C102
BIL	SPDR Ser Tr	8,200	$750	0.0%	$91.61	—	—	78468R663