Filed: 8/14/2024ACC: 0000950123-24-008731
📋 What this filing means
MARSHFIELD ASSOCIATES filed this quarterly 13F‑HR report disclosing 19 equity positions with a total reported market value of $4.52B. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.
19
Positions
$4.52B
Total AUM (reported)
22.37M
Total Shares
Allocation by class
COM$4.51B99.7%
BLOOMBERG 1-3 MO$11.47M0.3%
SHORT TERM TREAS$1.56M0.0%
FLOATING RAT TREA$372.6K0.0%
Portfolio Concentration
Top 3$1.43B31.7%
4–10$1.97B43.5%
11–25$1.12B24.8%
Top 3 weight
31.7%
Top 10 weight
75.2%
Voting Authority Distribution
Total shares with voting rights: 22.37M
Sole
Full voting authority
16.11M
shares
% of voting shares72.0%
Shared
Joint voting authority
0.00
shares
% of voting shares0.0%
None
No voting authority
6.26M
shares
% of voting shares28.0%
Investment Discretion (by position count)
Sole19
Shared0
Other0
Dominant voting typeSole · 72.0% of voting shares
Institutional Holdings19
Rows:
Ross Stores Inc
SOLEShares3.89M
TypeSH
Market value$565.99M
12.51%
Sole
2.83M
Shared
0.00
None
1.06M
AutoZone Inc.
SOLEShares168.79K
TypeSH
Market value$500.31M
11.06%
Sole
115.25K
Shared
0.00
None
53.54K
Arch Capital Group Ltd
SOLEShares3.65M
TypeSH
Market value$368.52M
8.15%
Sole
2.70M
Shared
0.00
None
954.60K
Domino's Pizza Inc
SOLEShares713.48K
TypeSH
Market value$368.39M
8.14%
Sole
530.38K
Shared
0.00
None
183.10K
O'Reilly Automotive Inc
SOLEShares302.89K
TypeSH
Market value$319.87M
7.07%
Sole
203.57K
Shared
0.00
None
99.32K
Cummins Inc
SOLEShares1.04M
TypeSH
Market value$288.70M
6.38%
Sole
721.43K
Shared
0.00
None
321.06K
TJX Companies Inc
SOLEShares2.33M
TypeSH
Market value$256.08M
5.66%
Sole
1.69M
Shared
0.00
None
640.77K
NVR Inc
SOLEShares32.72K
TypeSH
Market value$248.29M
5.49%
Sole
23.66K
Shared
0.00
None
9.06K
Visa Inc Cl A
SOLEShares925.95K
TypeSH
Market value$243.04M
5.37%
Sole
643.21K
Shared
0.00
None
282.74K
Mastercard Inc Class A
SOLEShares548.75K
TypeSH
Market value$242.08M
5.35%
Sole
360.68K
Shared
0.00
None
188.07K
Expeditors International of Wa
SOLEShares1.81M
TypeSH
Market value$226.01M
5.00%
Sole
1.29M
Shared
0.00
None
524.28K
Moody's Corp.
SOLEShares517.43K
TypeSH
Market value$217.80M
4.81%
Sole
371.98K
Shared
0.00
None
145.45K
Strategic Education Inc
SOLEShares1.82M
TypeSH
Market value$201.47M
4.45%
Sole
1.33M
Shared
0.00
None
492.74K
Progressive Corp
SOLEShares867.47K
TypeSH
Market value$180.18M
3.98%
Sole
622.96K
Shared
0.00
None
244.51K
Disney (Walt) Company
SOLEShares1.59M
TypeSH
Market value$157.56M
3.48%
Sole
1.22M
Shared
0.00
None
368.76K
Fastenal Co
SOLEShares2M
TypeSH
Market value$125.74M
2.78%
Sole
1.32M
Shared
0.00
None
677.47K
SPDR Ser Tr
SOLEShares124.98K
TypeSH
Market value$11.47M
0.25%
Sole
122.78K
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$372.6K
<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 | $565.99M 12.51% | 2.83M | 0.00 | 1.06M |
AutoZone Inc.SOLE | COM | 168.79K | SH | $500.31M 11.06% | 115.25K | 0.00 | 53.54K |
Arch Capital Group LtdSOLE | COM | 3.65M | SH | $368.52M 8.15% | 2.70M | 0.00 | 954.60K |
Domino's Pizza IncSOLE | COM | 713.48K | SH | $368.39M 8.14% | 530.38K | 0.00 | 183.10K |
O'Reilly Automotive IncSOLE | COM | 302.89K | SH | $319.87M 7.07% | 203.57K | 0.00 | 99.32K |
Cummins IncSOLE | COM | 1.04M | SH | $288.70M 6.38% | 721.43K | 0.00 | 321.06K |
TJX Companies IncSOLE | COM | 2.33M | SH | $256.08M 5.66% | 1.69M | 0.00 | 640.77K |
NVR IncSOLE | COM | 32.72K | SH | $248.29M 5.49% | 23.66K | 0.00 | 9.06K |
Visa Inc Cl ASOLE | COM | 925.95K | SH | $243.04M 5.37% | 643.21K | 0.00 | 282.74K |
Mastercard Inc Class ASOLE | COM | 548.75K | SH | $242.08M 5.35% | 360.68K | 0.00 | 188.07K |
Expeditors International of WaSOLE | COM | 1.81M | SH | $226.01M 5.00% | 1.29M | 0.00 | 524.28K |
Moody's Corp.SOLE | COM | 517.43K | SH | $217.80M 4.81% | 371.98K | 0.00 | 145.45K |
Strategic Education IncSOLE | COM | 1.82M | SH | $201.47M 4.45% | 1.33M | 0.00 | 492.74K |
Progressive CorpSOLE | COM | 867.47K | SH | $180.18M 3.98% | 622.96K | 0.00 | 244.51K |
Disney (Walt) CompanySOLE | COM | 1.59M | SH | $157.56M 3.48% | 1.22M | 0.00 | 368.76K |
Fastenal CoSOLE | COM | 2M | SH | $125.74M 2.78% | 1.32M | 0.00 | 677.47K |
SPDR Ser TrSOLE | Bloomberg 1-3 Mo | 124.98K | SH | $11.47M 0.25% | 122.78K | 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 | $372.6K <0.01% | 0.00 | 0.00 | 7.41K |