MARSHFIELD ASSOCIATES Long-Term Concentrated

CIK: 0000914976 · Show all filings

Period: Q3 2021 (← Previous) (Next →)

Filing Date: May 9, 2023

Total Value ($000): $2,291,225

Holdings (18)

GS Goldman Sachs Group Inc 11.6%

Value ($000) $266,015 Shares 703,687 Est. Cost $163.41 Unrealized +114.1%

AZO Autozone Inc. 10.7%

Value ($000) $244,234 Shares 143,837 Est. Cost $737.69 Unrealized +117.4%

ACGL Arch Capital Group Ltd 9.6%

Value ($000) $219,056 Shares 5,737,455 Est. Cost $26.99 Unrealized +39.5%

CMI Cummins Inc 8.4%

Value ($000) $192,495 Shares 857,210 Est. Cost $114.52 Unrealized +83.7%

V Visa Inc Cl A 7.4%

Value ($000) $169,584 Shares 761,322 Est. Cost $95.97 Unrealized +136.5%

MA Mastercard Inc Class A 7.0%

Value ($000) $159,446 Shares 458,601 Est. Cost $92.70 Unrealized +282.7%

EXPD Expeditors International of Wa 6.9%

Value ($000) $157,654 Shares 1,323,375 Est. Cost $47.20 Unrealized +151.6%

ORLY O'Reilly Automotive Inc 6.6%

Value ($000) $150,705 Shares 246,629 Est. Cost $15.68 Unrealized +155.2%

ROST Ross Stores Inc 6.5%

Value ($000) $149,557 Shares 1,373,977 Est. Cost $76.42 Unrealized +49.1%

MCO Moody's Corp. 4.9%

Value ($000) $111,232 Shares 313,232 Est. Cost $96.80 Unrealized +275.2%

STRA Strategic Education Inc 4.7%

Value ($000) $107,246 Shares 1,521,214 Est. Cost $88.99 Unrealized -26.7%

PGR Progressive Corp 4.5%

Value ($000) $103,776 Shares 1,148,089 Est. Cost $86.63 Unrealized -1.5%

FAST Fastenal Co 3.6%

Value ($000) $83,627 Shares 1,620,365 Est. Cost $11.65 Unrealized +109.6%

NVR NVR Inc 3.1%

Value ($000) $71,791 Shares 14,975 Est. Cost $1387.56 Unrealized +265.9%

UNP Union Pacific Corporation 3.0%

Value ($000) $67,721 Shares 345,496 Est. Cost $80.75 Unrealized +141.8%

TJX TJX Companies Inc 1.1%

Value ($000) $25,733 Shares 390,014 Est. Cost $53.93 Unrealized +21.3%

VGSH Vanguard Scottsdale Fds 0.3%

Value ($000) $7,204 Shares 117,310 Est. Cost $61.25 Unrealized —

BIL SPDR Ser Tr 0.2%

Value ($000) $4,149 Shares 45,366 Est. Cost $91.52 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
GS	Goldman Sachs Group Inc	703,687	$266,015	11.6%	$163.41	+114.1%	—	38141G104
AZO	Autozone Inc.	143,837	$244,234	10.7%	$737.69	+117.4%	—	053332102
ACGL	Arch Capital Group Ltd	5,737,455	$219,056	9.6%	$26.99	+39.5%	—	G0450A105
CMI	Cummins Inc	857,210	$192,495	8.4%	$114.52	+83.7%	—	231021106
V	Visa Inc Cl A	761,322	$169,584	7.4%	$95.97	+136.5%	—	92826C839
MA	Mastercard Inc Class A	458,601	$159,446	7.0%	$92.70	+282.7%	—	57636Q104
EXPD	Expeditors International of Wa	1,323,375	$157,654	6.9%	$47.20	+151.6%	—	302130109
ORLY	O'Reilly Automotive Inc	246,629	$150,705	6.6%	$15.68	+155.2%	—	67103H107
ROST	Ross Stores Inc	1,373,977	$149,557	6.5%	$76.42	+49.1%	—	778296103
MCO	Moody's Corp.	313,232	$111,232	4.9%	$96.80	+275.2%	—	615369105
STRA	Strategic Education Inc	1,521,214	$107,246	4.7%	$88.99	-26.7%	—	86272C103
PGR	Progressive Corp	1,148,089	$103,776	4.5%	$86.63	-1.5%	—	743315103
FAST	Fastenal Co	1,620,365	$83,627	3.6%	$11.65	+109.6%	—	311900104
NVR	NVR Inc	14,975	$71,791	3.1%	$1387.56	+265.9%	—	62944T105
UNP	Union Pacific Corporation	345,496	$67,721	3.0%	$80.75	+141.8%	—	907818108
TJX	TJX Companies Inc	390,014	$25,733	1.1%	$53.93	+21.3%	—	872540109
VGSH	Vanguard Scottsdale Fds	117,310	$7,204	0.3%	$61.25	—	—	92206C102
BIL	SPDR Ser Tr	45,366	$4,149	0.2%	$91.52	—	—	78468R663