MARSHFIELD ASSOCIATES Long-Term Concentrated

Location: Washington, DC

CIK: 0000914976 · Show all filings

Period: Q1 2021 (← Previous) (Next →)

Filing Date: May 9, 2023

Total Value: $2.135B (100.0% shares, 0.0% debt)

Holdings (19)

GS Goldman Sachs Group Inc 9.8%

Value $209M Shares 638,849 Share Price $327.00 Est. Cost/Share — Unrealized @ Report Date —

CMI Cummins Inc 9.8%

Value $209M Shares 805,277 Share Price $259.11 Est. Cost/Share — Unrealized @ Report Date —

ACGL Arch Capital Group Ltd 9.4%

Value $201M Shares 5,243,086 Share Price $38.37 Est. Cost/Share — Unrealized @ Report Date —

AZO Autozone Inc. 9.1%

Value $194M Shares 138,410 Share Price $1404.30 Est. Cost/Share — Unrealized @ Report Date —

MCO Moody's Corp. 8.7%

Value $185M Shares 618,579 Share Price $298.61 Est. Cost/Share — Unrealized @ Report Date —

MA Mastercard Inc Class A 7.5%

Value $161M Shares 451,879 Share Price $356.05 Est. Cost/Share — Unrealized @ Report Date —

ROST Ross Stores Inc 7.2%

Value $154M Shares 1,285,113 Share Price $119.91 Est. Cost/Share — Unrealized @ Report Date —

V Visa Inc Cl A 7.0%

Value $148M Shares 701,239 Share Price $211.73 Est. Cost/Share — Unrealized @ Report Date —

EXPD Expeditors International of Washington 6.4%

Value $136M Shares 1,265,504 Share Price $107.69 Est. Cost/Share — Unrealized @ Report Date —

ORLY O'Reilly Automotive Inc 5.7%

Value $123M Shares 241,628 Share Price $507.25 Est. Cost/Share — Unrealized @ Report Date —

FAST Fastenal Co 3.7%

Value $79.69M Shares 1,585,014 Share Price $50.28 Est. Cost/Share — Unrealized @ Report Date —

STRA Strategic Education Inc 3.7%

Value $78.16M Shares 850,337 Share Price $91.91 Est. Cost/Share — Unrealized @ Report Date —

UNP Union Pacific Corporation 3.5%

Value $74.39M Shares 337,501 Share Price $220.41 Est. Cost/Share — Unrealized @ Report Date —

NVR NVR Inc 3.2%

Value $68.95M Shares 14,637 Share Price $4710.94 Est. Cost/Share — Unrealized @ Report Date —

DE Deere & Co. 2.9%

Value $62.62M Shares 167,368 Share Price $374.14 Est. Cost/Share — Unrealized @ Report Date —

TJX TJX Companies Inc 1.1%

Value $24.51M Shares 370,569 Share Price $66.15 Est. Cost/Share — Unrealized @ Report Date —

WAT Waters Corp 0.8%

Value $16.32M Shares 57,413 Share Price $284.17 Est. Cost/Share — Unrealized @ Report Date —

VGSH Vanguard Scottsdale Fds 0.3%

Value $6.916M Shares 112,422 Share Price $61.52 Est. Cost/Share — Unrealized @ Report Date —

BIL SPDR Ser Tr 0.1%

Value $2.961M Shares 32,362 Share Price $91.50 Est. Cost/Share — Unrealized @ Report Date —

Ticker	Issuer	Shares	Value	%	Share Price	Est. Cost/Share	Unrealized @ Report Date	Class	CUSIP
GS	Goldman Sachs Group Inc	638,849	$209M	9.8%	$327.00	—	—	COM	38141G104
CMI	Cummins Inc	805,277	$209M	9.8%	$259.11	—	—	COM	231021106
ACGL	Arch Capital Group Ltd	5,243,086	$201M	9.4%	$38.37	—	—	COM	G0450A105
AZO	Autozone Inc.	138,410	$194M	9.1%	$1404.30	—	—	COM	053332102
MCO	Moody's Corp.	618,579	$185M	8.7%	$298.61	—	—	COM	615369105
MA	Mastercard Inc Class A	451,879	$161M	7.5%	$356.05	—	—	COM	57636Q104
ROST	Ross Stores Inc	1,285,113	$154M	7.2%	$119.91	—	—	COM	778296103
V	Visa Inc Cl A	701,239	$148M	7.0%	$211.73	—	—	COM	92826C839
EXPD	Expeditors International of Washington	1,265,504	$136M	6.4%	$107.69	—	—	COM	302130109
ORLY	O'Reilly Automotive Inc	241,628	$123M	5.7%	$507.25	—	—	COM	67103H107
FAST	Fastenal Co	1,585,014	$79.69M	3.7%	$50.28	—	—	COM	311900104
STRA	Strategic Education Inc	850,337	$78.16M	3.7%	$91.91	—	—	COM	86272C103
UNP	Union Pacific Corporation	337,501	$74.39M	3.5%	$220.41	—	—	COM	907818108
NVR	NVR Inc	14,637	$68.95M	3.2%	$4710.94	—	—	COM	62944T105
DE	Deere & Co.	167,368	$62.62M	2.9%	$374.14	—	—	COM	244199105
TJX	TJX Companies Inc	370,569	$24.51M	1.1%	$66.15	—	—	COM	872540109
WAT	Waters Corp	57,413	$16.32M	0.8%	$284.17	—	—	COM	941848103
VGSH	Vanguard Scottsdale Fds	112,422	$6.916M	0.3%	$61.52	—	—	Short Term Treas	92206C102
BIL	SPDR Ser Tr	32,362	$2.961M	0.1%	$91.50	—	—	Bloomberg 1-3 Mo	78468R663