MARSHFIELD ASSOCIATES Long-Term Concentrated

Location: Washington, DC

CIK: 0000914976 · Show all filings

Period: Q2 2020 (← Previous) (Next →)

Filing Date: May 9, 2023

Total Value: $1.928B (100.0% shares, 0.0% debt)

Holdings (20)

MCO Moody's Corp. 9.4%

Value $181M Shares 657,864 Share Price $274.73 Est. Cost/Share — Unrealized @ Report Date —

AZO Autozone Inc. 8.5%

Value $165M Shares 146,094 Share Price $1128.12 Est. Cost/Share — Unrealized @ Report Date —

ACGL Arch Capital Group Ltd 8.0%

Value $155M Shares 5,404,862 Share Price $28.65 Est. Cost/Share — Unrealized @ Report Date —

CMI Cummins Inc 7.7%

Value $149M Shares 858,918 Share Price $173.26 Est. Cost/Share — Unrealized @ Report Date —

CMG Chipotle Mexican Grill Cl A 7.6%

Value $147M Shares 139,368 Share Price $1052.36 Est. Cost/Share — Unrealized @ Report Date —

V Visa Inc Cl A 7.4%

Value $143M Shares 737,782 Share Price $193.17 Est. Cost/Share — Unrealized @ Report Date —

MA Mastercard Inc Class A 7.4%

Value $142M Shares 480,060 Share Price $295.70 Est. Cost/Share — Unrealized @ Report Date —

GS Goldman Sachs Group Inc 6.6%

Value $128M Shares 645,225 Share Price $197.62 Est. Cost/Share — Unrealized @ Report Date —

DE Deere & Co. 6.5%

Value $124M Shares 792,029 Share Price $157.15 Est. Cost/Share — Unrealized @ Report Date —

ROST Ross Stores Inc 6.0%

Value $115M Shares 1,347,177 Share Price $85.24 Est. Cost/Share — Unrealized @ Report Date —

ORLY O'Reilly Automotive Inc 5.5%

Value $105M Shares 249,670 Share Price $421.67 Est. Cost/Share — Unrealized @ Report Date —

EXPD Expeditors International of Washington 5.3%

Value $102M Shares 1,336,454 Share Price $76.04 Est. Cost/Share — Unrealized @ Report Date —

FAST Fastenal Co 4.1%

Value $79.55M Shares 1,856,976 Share Price $42.84 Est. Cost/Share — Unrealized @ Report Date —

UNP Union Pacific Corporation 3.1%

Value $58.87M Shares 348,180 Share Price $169.07 Est. Cost/Share — Unrealized @ Report Date —

STRA Strategic Education Inc 2.7%

Value $52.37M Shares 340,805 Share Price $153.65 Est. Cost/Share — Unrealized @ Report Date —

NVR NVR Inc 2.6%

Value $49.58M Shares 15,215 Share Price $3258.76 Est. Cost/Share — Unrealized @ Report Date —

TJX TJX Companies Inc 1.0%

Value $19.18M Shares 379,315 Share Price $50.56 Est. Cost/Share — Unrealized @ Report Date —

WAT Waters Corp 0.6%

Value $10.67M Shares 59,143 Share Price $180.39 Est. Cost/Share — Unrealized @ Report Date —

VGSH Vanguard Scottsdale Fds 0.1%

Value $2.832M Shares 45,528 Share Price $62.20 Est. Cost/Share — Unrealized @ Report Date —

BIL SPDR Ser Tr 0.0%

Value $690K Shares 7,540 Share Price $91.53 Est. Cost/Share — Unrealized @ Report Date —

Ticker	Issuer	Shares	Value	%	Share Price	Est. Cost/Share	Unrealized @ Report Date	Class	CUSIP
MCO	Moody's Corp.	657,864	$181M	9.4%	$274.73	—	—	COM	615369105
AZO	Autozone Inc.	146,094	$165M	8.5%	$1128.12	—	—	COM	053332102
ACGL	Arch Capital Group Ltd	5,404,862	$155M	8.0%	$28.65	—	—	COM	G0450A105
CMI	Cummins Inc	858,918	$149M	7.7%	$173.26	—	—	COM	231021106
CMG	Chipotle Mexican Grill Cl A	139,368	$147M	7.6%	$1052.36	—	—	COM	169656105
V	Visa Inc Cl A	737,782	$143M	7.4%	$193.17	—	—	COM	92826C839
MA	Mastercard Inc Class A	480,060	$142M	7.4%	$295.70	—	—	COM	57636Q104
GS	Goldman Sachs Group Inc	645,225	$128M	6.6%	$197.62	—	—	COM	38141G104
DE	Deere & Co.	792,029	$124M	6.5%	$157.15	—	—	COM	244199105
ROST	Ross Stores Inc	1,347,177	$115M	6.0%	$85.24	—	—	COM	778296103
ORLY	O'Reilly Automotive Inc	249,670	$105M	5.5%	$421.67	—	—	COM	67103H107
EXPD	Expeditors International of Washington	1,336,454	$102M	5.3%	$76.04	—	—	COM	302130109
FAST	Fastenal Co	1,856,976	$79.55M	4.1%	$42.84	—	—	COM	311900104
UNP	Union Pacific Corporation	348,180	$58.87M	3.1%	$169.07	—	—	COM	907818108
STRA	Strategic Education Inc	340,805	$52.37M	2.7%	$153.65	—	—	COM	86272C103
NVR	NVR Inc	15,215	$49.58M	2.6%	$3258.76	—	—	COM	62944T105
TJX	TJX Companies Inc	379,315	$19.18M	1.0%	$50.56	—	—	COM	872540109
WAT	Waters Corp	59,143	$10.67M	0.6%	$180.39	—	—	COM	941848103
VGSH	Vanguard Scottsdale Fds	45,528	$2.832M	0.1%	$62.20	—	—	Short Term Treas	92206C102
BIL	SPDR Ser Tr	7,540	$690K	0.0%	$91.53	—	—	Bloomberg 1-3 Mo	78468R663