MARSHFIELD ASSOCIATES Long-Term Concentrated

CIK: 0000914976 · Show all filings

Period: Q2 2021 (← Previous) (Next →)

Filing Date: May 9, 2023

Total Value ($000): $2,435,605

Holdings (19)

GS Goldman Sachs Group Inc 11.1%

Value ($000) $270,077 Shares 711,609 Est. Cost $163.41 Unrealized +95.5%

MCO Moody's Corp. 9.4%

Value ($000) $229,234 Shares 632,596 Est. Cost $96.80 Unrealized +230.8%

ACGL Arch Capital Group Ltd 9.3%

Value ($000) $225,549 Shares 5,792,222 Est. Cost $26.99 Unrealized +39.5%

AZO Autozone Inc. 8.9%

Value ($000) $217,140 Shares 145,515 Est. Cost $737.69 Unrealized +96.5%

CMI Cummins Inc 8.7%

Value ($000) $211,307 Shares 866,688 Est. Cost $114.52 Unrealized +99.4%

V Visa Inc Cl A 7.4%

Value ($000) $179,760 Shares 768,795 Est. Cost $95.97 Unrealized +130.3%

ROST Ross Stores Inc 7.1%

Value ($000) $172,142 Shares 1,388,241 Est. Cost $76.42 Unrealized +54.9%

EXPD Expeditors International of Washington 6.9%

Value ($000) $169,149 Shares 1,336,089 Est. Cost $47.20 Unrealized +136.6%

MA Mastercard Inc Class A 6.9%

Value ($000) $168,421 Shares 461,313 Est. Cost $92.70 Unrealized +290.8%

ORLY O'Reilly Automotive Inc 5.8%

Value ($000) $141,034 Shares 249,084 Est. Cost $15.68 Unrealized +128.7%

STRA Strategic Education Inc 4.6%

Value ($000) $112,615 Shares 1,480,603 Est. Cost $89.64 Unrealized -22.7%

FAST Fastenal Co 3.5%

Value ($000) $84,860 Shares 1,631,920 Est. Cost $11.65 Unrealized +100.0%

UNP Union Pacific Corporation 3.1%

Value ($000) $76,467 Shares 347,687 Est. Cost $80.75 Unrealized +148.2%

NVR NVR Inc 3.1%

Value ($000) $74,982 Shares 15,077 Est. Cost $1387.56 Unrealized +250.3%

PGR Progressive Corp 1.9%

Value ($000) $46,155 Shares 469,966 Est. Cost $88.49 Unrealized 0.0%

TJX TJX Companies Inc 1.1%

Value ($000) $26,497 Shares 393,017 Est. Cost $53.93 Unrealized +18.1%

WAT Waters Corp 0.8%

Value ($000) $20,237 Shares 58,555 Est. Cost $119.42 Unrealized +165.0%

VGSH Vanguard Scottsdale Fds 0.3%

Value ($000) $6,831 Shares 111,202 Est. Cost $61.24 Unrealized —

BIL SPDR Ser Tr 0.1%

Value ($000) $3,148 Shares 34,417 Est. Cost $91.53 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
GS	Goldman Sachs Group Inc	711,609	$270,077	11.1%	$163.41	+95.5%	—	38141G104
MCO	Moody's Corp.	632,596	$229,234	9.4%	$96.80	+230.8%	—	615369105
ACGL	Arch Capital Group Ltd	5,792,222	$225,549	9.3%	$26.99	+39.5%	—	G0450A105
AZO	Autozone Inc.	145,515	$217,140	8.9%	$737.69	+96.5%	—	053332102
CMI	Cummins Inc	866,688	$211,307	8.7%	$114.52	+99.4%	—	231021106
V	Visa Inc Cl A	768,795	$179,760	7.4%	$95.97	+130.3%	—	92826C839
ROST	Ross Stores Inc	1,388,241	$172,142	7.1%	$76.42	+54.9%	—	778296103
EXPD	Expeditors International of Washington	1,336,089	$169,149	6.9%	$47.20	+136.6%	—	302130109
MA	Mastercard Inc Class A	461,313	$168,421	6.9%	$92.70	+290.8%	—	57636Q104
ORLY	O'Reilly Automotive Inc	249,084	$141,034	5.8%	$15.68	+128.7%	—	67103H107
STRA	Strategic Education Inc	1,480,603	$112,615	4.6%	$89.64	-22.7%	—	86272C103
FAST	Fastenal Co	1,631,920	$84,860	3.5%	$11.65	+100.0%	—	311900104
UNP	Union Pacific Corporation	347,687	$76,467	3.1%	$80.75	+148.2%	—	907818108
NVR	NVR Inc	15,077	$74,982	3.1%	$1387.56	+250.3%	—	62944T105
PGR	Progressive Corp	469,966	$46,155	1.9%	$88.49	0.0%	—	743315103
TJX	TJX Companies Inc	393,017	$26,497	1.1%	$53.93	+18.1%	—	872540109
WAT	Waters Corp	58,555	$20,237	0.8%	$119.42	+165.0%	—	941848103
VGSH	Vanguard Scottsdale Fds	111,202	$6,831	0.3%	$61.24	—	—	92206C102
BIL	SPDR Ser Tr	34,417	$3,148	0.1%	$91.53	—	—	78468R663