Filed: 5/15/2024ACC: 0000950123-24-005605
📋 What this filing means
MARSHFIELD ASSOCIATES filed this quarterly 13F‑HR report disclosing 19 equity positions with a total reported market value of $4.88B. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.
19
Positions
$4.88B
Total AUM (reported)
24.57M
Total Shares
Allocation by class
COM$4.87B99.8%
BLOOMBERG 1-3 MO$7.49M0.2%
SHORT TERM TREAS$1.56M0.0%
FLOATING RAT TREA$372.4K0.0%
Portfolio Concentration
Top 3$1.50B30.8%
4–10$2.15B44.1%
11–25$1.22B25.1%
Top 3 weight
30.8%
Top 10 weight
74.9%
Voting Authority Distribution
Total shares with voting rights: 24.57M
Sole
Full voting authority
17.57M
shares
% of voting shares71.5%
Shared
Joint voting authority
0.00
shares
% of voting shares0.0%
None
No voting authority
7.01M
shares
% of voting shares28.5%
Investment Discretion (by position count)
Sole19
Shared0
Other0
Dominant voting typeSole · 71.5% of voting shares
Institutional Holdings19
Rows:
Ross Stores Inc
SOLEShares3.89M
TypeSH
Market value$570.58M
11.70%
Sole
2.81M
Shared
0.00
None
1.07M
AutoZone Inc.
SOLEShares168.45K
TypeSH
Market value$530.90M
10.89%
Sole
114.41K
Shared
0.00
None
54.04K
Arch Capital Group Ltd
SOLEShares4.33M
TypeSH
Market value$400.13M
8.21%
Sole
3.14M
Shared
0.00
None
1.19M
TJX Companies Inc
SOLEShares3.54M
TypeSH
Market value$359.29M
7.37%
Sole
2.55M
Shared
0.00
None
996.87K
Domino's Pizza Inc
SOLEShares711.21K
TypeSH
Market value$353.39M
7.25%
Sole
526.37K
Shared
0.00
None
184.84K
O'Reilly Automotive Inc
SOLEShares301.17K
TypeSH
Market value$339.98M
6.97%
Sole
200.98K
Shared
0.00
None
100.19K
Cummins Inc
SOLEShares1.04M
TypeSH
Market value$306.27M
6.28%
Sole
715.22K
Shared
0.00
None
324.21K
NVR Inc
SOLEShares32.62K
TypeSH
Market value$264.24M
5.42%
Sole
23.49K
Shared
0.00
None
9.13K
Mastercard Inc Class A
SOLEShares547.81K
TypeSH
Market value$263.81M
5.41%
Sole
357.55K
Shared
0.00
None
190.26K
Progressive Corp
SOLEShares1.27M
TypeSH
Market value$263.31M
5.40%
Sole
909.90K
Shared
0.00
None
363.23K
Visa Inc Cl A
SOLEShares923.13K
TypeSH
Market value$257.63M
5.28%
Sole
637.47K
Shared
0.00
None
285.66K
Expeditors International of Wa
SOLEShares1.81M
TypeSH
Market value$219.49M
4.50%
Sole
1.28M
Shared
0.00
None
529.13K
Moody's Corp.
SOLEShares514.92K
TypeSH
Market value$202.38M
4.15%
Sole
368.45K
Shared
0.00
None
146.47K
Disney (Walt) Company
SOLEShares1.58M
TypeSH
Market value$193.46M
3.97%
Sole
1.21M
Shared
0.00
None
371.92K
Strategic Education Inc
SOLEShares1.81M
TypeSH
Market value$188.61M
3.87%
Sole
1.31M
Shared
0.00
None
497.20K
Fastenal Co
SOLEShares1.99M
TypeSH
Market value$153.50M
3.15%
Sole
1.31M
Shared
0.00
None
681.93K
SPDR Ser Tr
SOLEShares81.59K
TypeSH
Market value$7.49M
0.15%
Sole
79.39K
Shared
0.00
None
2.20K
Vanguard Scottsdale Fds
SOLEShares26.87K
TypeSH
Market value$1.56M
0.03%
Sole
26.87K
Shared
0.00
None
0.00
Wisdomtree Tr
SOLEShares7.41K
TypeSH
Market value$372.4K
<0.01%
Sole
0.00
Shared
0.00
None
7.41K
| Issuer | Class | Shares | Type | Value / Portfolio % | Voting — Sole | Shared | None |
|---|---|---|---|---|---|---|---|
Ross Stores IncSOLE | COM | 3.89M | SH | $570.58M 11.70% | 2.81M | 0.00 | 1.07M |
AutoZone Inc.SOLE | COM | 168.45K | SH | $530.90M 10.89% | 114.41K | 0.00 | 54.04K |
Arch Capital Group LtdSOLE | COM | 4.33M | SH | $400.13M 8.21% | 3.14M | 0.00 | 1.19M |
TJX Companies IncSOLE | COM | 3.54M | SH | $359.29M 7.37% | 2.55M | 0.00 | 996.87K |
Domino's Pizza IncSOLE | COM | 711.21K | SH | $353.39M 7.25% | 526.37K | 0.00 | 184.84K |
O'Reilly Automotive IncSOLE | COM | 301.17K | SH | $339.98M 6.97% | 200.98K | 0.00 | 100.19K |
Cummins IncSOLE | COM | 1.04M | SH | $306.27M 6.28% | 715.22K | 0.00 | 324.21K |
NVR IncSOLE | COM | 32.62K | SH | $264.24M 5.42% | 23.49K | 0.00 | 9.13K |
Mastercard Inc Class ASOLE | COM | 547.81K | SH | $263.81M 5.41% | 357.55K | 0.00 | 190.26K |
Progressive CorpSOLE | COM | 1.27M | SH | $263.31M 5.40% | 909.90K | 0.00 | 363.23K |
Visa Inc Cl ASOLE | COM | 923.13K | SH | $257.63M 5.28% | 637.47K | 0.00 | 285.66K |
Expeditors International of WaSOLE | COM | 1.81M | SH | $219.49M 4.50% | 1.28M | 0.00 | 529.13K |
Moody's Corp.SOLE | COM | 514.92K | SH | $202.38M 4.15% | 368.45K | 0.00 | 146.47K |
Disney (Walt) CompanySOLE | COM | 1.58M | SH | $193.46M 3.97% | 1.21M | 0.00 | 371.92K |
Strategic Education IncSOLE | COM | 1.81M | SH | $188.61M 3.87% | 1.31M | 0.00 | 497.20K |
Fastenal CoSOLE | COM | 1.99M | SH | $153.50M 3.15% | 1.31M | 0.00 | 681.93K |
SPDR Ser TrSOLE | Bloomberg 1-3 Mo | 81.59K | SH | $7.49M 0.15% | 79.39K | 0.00 | 2.20K |
Vanguard Scottsdale FdsSOLE | Short Term Treas | 26.87K | SH | $1.56M 0.03% | 26.87K | 0.00 | 0.00 |
Wisdomtree TrSOLE | Floating Rat Trea | 7.41K | SH | $372.4K <0.01% | 0.00 | 0.00 | 7.41K |