MARSHFIELD ASSOCIATES Long-Term Concentrated

CIK: 0000914976 · Show all filings

Period: Q3 2022 (← Previous) (Next →)

Filing Date: May 9, 2023

Total Value ($000): $2,655,247

Holdings (19)

AZO AutoZone Inc. 11.1%

Value ($000) $295,334 Shares 137,882 Est. Cost $737.69 Unrealized +195.3%

ACGL Arch Capital Group Ltd 9.7%

Value ($000) $257,093 Shares 5,645,439 Est. Cost $27.13 Unrealized +58.3%

ROST Ross Stores Inc 9.6%

Value ($000) $254,959 Shares 3,025,503 Est. Cost $82.04 Unrealized -0.4%

GS Goldman Sachs Group Inc 8.0%

Value ($000) $212,945 Shares 726,652 Est. Cost $169.70 Unrealized +75.0%

TJX TJX Companies Inc 6.8%

Value ($000) $180,979 Shares 2,913,370 Est. Cost $56.96 Unrealized +5.2%

CMI Cummins Inc 6.5%

Value ($000) $172,509 Shares 847,668 Est. Cost $114.52 Unrealized +71.3%

ORLY O'Reilly Automotive Inc 6.4%

Value ($000) $169,501 Shares 240,991 Est. Cost $15.68 Unrealized +197.3%

DPZ Domino's Pizza Inc 5.5%

Value ($000) $146,303 Shares 471,641 Est. Cost $386.29 Unrealized -6.4%

V Visa Inc Cl A 5.0%

Value ($000) $134,057 Shares 754,612 Est. Cost $95.97 Unrealized +106.7%

PGR Progressive Corp 5.0%

Value ($000) $132,431 Shares 1,139,585 Est. Cost $86.62 Unrealized +26.8%

EXPD Expeditors International of Wa 4.9%

Value ($000) $130,471 Shares 1,477,424 Est. Cost $52.31 Unrealized +83.5%

MA Mastercard Inc Class A 4.8%

Value ($000) $127,283 Shares 447,645 Est. Cost $92.70 Unrealized +250.8%

STRA Strategic Education Inc 4.6%

Value ($000) $123,437 Shares 2,010,048 Est. Cost $80.69 Unrealized -24.2%

NVR NVR Inc 4.0%

Value ($000) $106,427 Shares 26,693 Est. Cost $2643.96 Unrealized +61.1%

MCO Moody's Corp. 2.9%

Value ($000) $76,362 Shares 314,106 Est. Cost $99.21 Unrealized +184.6%

FAST Fastenal Co 2.8%

Value ($000) $73,279 Shares 1,591,636 Est. Cost $11.65 Unrealized +99.2%

UNP Union Pacific Corporation 2.1%

Value ($000) $55,408 Shares 284,406 Est. Cost $80.75 Unrealized +152.9%

VGSH Vanguard Scottsdale Fds 0.1%

Value ($000) $3,523 Shares 60,963 Est. Cost $61.25 Unrealized —

BIL SPDR Ser Tr 0.1%

Value ($000) $2,946 Shares 32,158 Est. Cost $91.51 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
AZO	AutoZone Inc.	137,882	$295,334	11.1%	$737.69	+195.3%	—	053332102
ACGL	Arch Capital Group Ltd	5,645,439	$257,093	9.7%	$27.13	+58.3%	—	G0450A105
ROST	Ross Stores Inc	3,025,503	$254,959	9.6%	$82.04	-0.4%	—	778296103
GS	Goldman Sachs Group Inc	726,652	$212,945	8.0%	$169.70	+75.0%	—	38141G104
TJX	TJX Companies Inc	2,913,370	$180,979	6.8%	$56.96	+5.2%	—	872540109
CMI	Cummins Inc	847,668	$172,509	6.5%	$114.52	+71.3%	—	231021106
ORLY	O'Reilly Automotive Inc	240,991	$169,501	6.4%	$15.68	+197.3%	—	67103H107
DPZ	Domino's Pizza Inc	471,641	$146,303	5.5%	$386.29	-6.4%	—	25754A201
V	Visa Inc Cl A	754,612	$134,057	5.0%	$95.97	+106.7%	—	92826C839
PGR	Progressive Corp	1,139,585	$132,431	5.0%	$86.62	+26.8%	—	743315103
EXPD	Expeditors International of Wa	1,477,424	$130,471	4.9%	$52.31	+83.5%	—	302130109
MA	Mastercard Inc Class A	447,645	$127,283	4.8%	$92.70	+250.8%	—	57636Q104
STRA	Strategic Education Inc	2,010,048	$123,437	4.6%	$80.69	-24.2%	—	86272C103
NVR	NVR Inc	26,693	$106,427	4.0%	$2643.96	+61.1%	—	62944T105
MCO	Moody's Corp.	314,106	$76,362	2.9%	$99.21	+184.6%	—	615369105
FAST	Fastenal Co	1,591,636	$73,279	2.8%	$11.65	+99.2%	—	311900104
UNP	Union Pacific Corporation	284,406	$55,408	2.1%	$80.75	+152.9%	—	907818108
VGSH	Vanguard Scottsdale Fds	60,963	$3,523	0.1%	$61.25	—	—	92206C102
BIL	SPDR Ser Tr	32,158	$2,946	0.1%	$91.51	—	—	78468R663