Filed: 2/14/2023ACC: 0000950123-23-002589
📋 What this filing means
MARSHFIELD ASSOCIATES filed this quarterly 13F‑HR report disclosing 17 equity positions with a total reported market value of $3.24B. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.
17
Positions
$3.24B
Total AUM (reported)
22.12M
Total Shares
Allocation by class
COM$3.24B100.0%
Portfolio Concentration
Top 3$1.05B32.3%
4–10$1.37B42.1%
11–25$829.41M25.6%
Top 3 weight
32.3%
Top 10 weight
74.4%
Voting Authority Distribution
Total shares with voting rights: 22.12M
Sole
Full voting authority
22.02M
shares
% of voting shares99.6%
Shared
Joint voting authority
0.00
shares
% of voting shares0.0%
None
No voting authority
93.09K
shares
% of voting shares0.4%
Investment Discretion (by position count)
Sole17
Shared0
Other0
Dominant voting typeSole · 99.6% of voting shares
Institutional Holdings17
Rows:
Ross Stores Inc
SOLEShares3.07M
TypeSH
Market value$355.98M
10.98%
Sole
3.05M
Shared
0.00
None
13.54K
Arch Capital Group Ltd
SOLEShares5.60M
TypeSH
Market value$351.32M
10.84%
Sole
5.57M
Shared
0.00
None
23.05K
AutoZone Inc.
SOLEShares137.79K
TypeSH
Market value$339.83M
10.48%
Sole
137.14K
Shared
0.00
None
659.00
Goldman Sachs Group Inc
SOLEShares722.82K
TypeSH
Market value$248.20M
7.66%
Sole
720.14K
Shared
0.00
None
2.68K
TJX Companies Inc
SOLEShares2.91M
TypeSH
Market value$231.98M
7.16%
Sole
2.90M
Shared
0.00
None
12.05K
Cummins Inc
SOLEShares844.56K
TypeSH
Market value$204.63M
6.31%
Sole
841.28K
Shared
0.00
None
3.28K
O'Reilly Automotive Inc
SOLEShares241.83K
TypeSH
Market value$204.11M
6.30%
Sole
240.70K
Shared
0.00
None
1.13K
Domino's Pizza Inc
SOLEShares471.69K
TypeSH
Market value$163.39M
5.04%
Sole
469.80K
Shared
0.00
None
1.89K
Visa Inc Cl A
SOLEShares752.88K
TypeSH
Market value$156.42M
4.83%
Sole
749.89K
Shared
0.00
None
2.99K
Strategic Education Inc
SOLEShares2M
TypeSH
Market value$156.29M
4.82%
Sole
1.99M
Shared
0.00
None
7.43K
Mastercard Inc Class A
SOLEShares447.48K
TypeSH
Market value$155.60M
4.80%
Sole
445.07K
Shared
0.00
None
2.41K
Expeditors International of Wa
SOLEShares1.47M
TypeSH
Market value$153.07M
4.72%
Sole
1.47M
Shared
0.00
None
6.23K
Progressive Corp
SOLEShares1.13M
TypeSH
Market value$147.15M
4.54%
Sole
1.13M
Shared
0.00
None
5.32K
NVR Inc
SOLEShares26.61K
TypeSH
Market value$122.74M
3.79%
Sole
26.50K
Shared
0.00
None
111.00
Moody's Corp.
SOLEShares419.68K
TypeSH
Market value$116.93M
3.61%
Sole
418.01K
Shared
0.00
None
1.67K
Fastenal Co
SOLEShares1.59M
TypeSH
Market value$75.09M
2.32%
Sole
1.58M
Shared
0.00
None
7.52K
Union Pacific Corporation
SOLEShares284.14K
TypeSH
Market value$58.84M
1.82%
Sole
283.02K
Shared
0.00
None
1.12K
| Issuer | Class | Shares | Type | Value / Portfolio % | Voting — Sole | Shared | None |
|---|---|---|---|---|---|---|---|
Ross Stores IncSOLE | COM | 3.07M | SH | $355.98M 10.98% | 3.05M | 0.00 | 13.54K |
Arch Capital Group LtdSOLE | COM | 5.60M | SH | $351.32M 10.84% | 5.57M | 0.00 | 23.05K |
AutoZone Inc.SOLE | COM | 137.79K | SH | $339.83M 10.48% | 137.14K | 0.00 | 659.00 |
Goldman Sachs Group IncSOLE | COM | 722.82K | SH | $248.20M 7.66% | 720.14K | 0.00 | 2.68K |
TJX Companies IncSOLE | COM | 2.91M | SH | $231.98M 7.16% | 2.90M | 0.00 | 12.05K |
Cummins IncSOLE | COM | 844.56K | SH | $204.63M 6.31% | 841.28K | 0.00 | 3.28K |
O'Reilly Automotive IncSOLE | COM | 241.83K | SH | $204.11M 6.30% | 240.70K | 0.00 | 1.13K |
Domino's Pizza IncSOLE | COM | 471.69K | SH | $163.39M 5.04% | 469.80K | 0.00 | 1.89K |
Visa Inc Cl ASOLE | COM | 752.88K | SH | $156.42M 4.83% | 749.89K | 0.00 | 2.99K |
Strategic Education IncSOLE | COM | 2M | SH | $156.29M 4.82% | 1.99M | 0.00 | 7.43K |
Mastercard Inc Class ASOLE | COM | 447.48K | SH | $155.60M 4.80% | 445.07K | 0.00 | 2.41K |
Expeditors International of WaSOLE | COM | 1.47M | SH | $153.07M 4.72% | 1.47M | 0.00 | 6.23K |
Progressive CorpSOLE | COM | 1.13M | SH | $147.15M 4.54% | 1.13M | 0.00 | 5.32K |
NVR IncSOLE | COM | 26.61K | SH | $122.74M 3.79% | 26.50K | 0.00 | 111.00 |
Moody's Corp.SOLE | COM | 419.68K | SH | $116.93M 3.61% | 418.01K | 0.00 | 1.67K |
Fastenal CoSOLE | COM | 1.59M | SH | $75.09M 2.32% | 1.58M | 0.00 | 7.52K |
Union Pacific CorporationSOLE | COM | 284.14K | SH | $58.84M 1.82% | 283.02K | 0.00 | 1.12K |