Institutional
MARSHFIELD ASSOCIATES
CIK 0000914976
$4.99B
Reported AUM
17
Positions
Q1 2026
Period
2026-05-15
Filed
Portfolio · Q1 2026
Top holdings
| # | Stock | Issuer | Price | Day % | 1Y Gr. | 5Y Gr. | Value | % of book | Δ shares (QoQ) | Status |
|---|---|---|---|---|---|---|---|---|---|---|
| 1 | AZO | AUTOZONE INC | $3142.17 | 0.75% | -18.78% | 102.30% | $557.4M | 11.16% | — | HELD |
| 2 | UNH | UNITEDHEALTH GROUP INC | $420.71 | -1.88% | 83.63% | 11.52% | $511.6M | 10.25% | — | HELD |
| 3 | PGR | PROGRESSIVE CORP | $220.00 | 0.22% | -2.82% | 155.24% | $486.8M | 9.75% | — | HELD |
| 4 | ROST | ROSS STORES INC | $251.96 | 0.37% | 84.88% | 124.04% | $394.0M | 7.89% | — | HELD |
| 5 | V | VISA INC | $369.54 | 0.80% | 9.62% | 67.02% | $379.3M | 7.60% | — | HELD |
| 6 | ORLY | OREILLY AUTOMOTIVE INC | $90.63 | -0.59% | -8.02% | 130.20% | $324.3M | 6.50% | — | HELD |
| 7 | MA | MASTERCARD INCORPORATED | $563.56 | 0.14% | 1.24% | 67.59% | $299.9M | 6.01% | — | HELD |
| 8 | ACGL | ARCH CAP GROUP LTD | $104.55 | -1.81% | 21.00% | 172.45% | $292.9M | 5.87% | — | HELD |
| 9 | EXPD | EXPEDITORS INTL WASH INC | $170.13 | -0.75% | 50.00% | 44.57% | $279.7M | 5.60% | — | HELD |
| 10 | DPZ | DOMINOS PIZZA INC | $360.00 | 2.72% | -21.29% | -25.32% | $270.9M | 5.43% | — | HELD |
| 11 | CMI | CUMMINS INC | $606.30 | -5.50% | 74.90% | 190.03% | $241.5M | 4.84% | — | HELD |
| 12 | MCO | MOODYS CORP | $483.32 | -0.18% | -2.79% | 32.16% | $235.1M | 4.71% | — | HELD |
| 13 | TJX | TJX COS INC NEW | $161.65 | 0.53% | 29.50% | 137.54% | $174.3M | 3.49% | — | HELD |
| 14 | NVR | NVR INC | $6389.17 | -1.27% | -17.77% | 23.20% | $167.5M | 3.35% | — | HELD |
| 15 | DIS | DISNEY WALT CO | $98.47 | -0.42% | -14.31% | -43.98% | $158.3M | 3.17% | — | HELD |
| 16 | FAST | FASTENAL CO | $47.78 | -0.67% | 8.15% | 94.29% | $153.6M | 3.08% | — | HELD |
| 17 | STRA | STRATEGIC ED INC | $87.62 | 7.65% | 15.19% | 24.31% | $65.8M | 1.32% | — | HELD |
Source: SEC EDGAR · accession 0001172661-26-002329. 13F discloses long positions only — shorts, foreign equities, and options are excluded.