We are live on ! Find out more
MA

Marshfield Associates Portfolio holdings

AUM $4.99B
1-Year Est. Return 1.59%
This Fund
S&P 500
This Quarter Est. Return
+7.94%
1 Year Est. Return
+1.59%
3 Year Est. Return
+54.26%
5 Year Est. Return
+96.64%
10 Year Est. Return
+533.95%
AUM
$1.34B
AUM Growth
+$23.7M
Cap. Flow
-$70.2M
Cap. Flow %
-5.23%
Top 10 Hldgs %
65.72%
Holding
27
New
–
Increased
2
Reduced
22
Closed
2

Top Buys

1
DVN icon
Devon Energy
DVN
+$15.3M
2
DE icon
Deere & Co
DE
+$3.63M

Top Sells

1
FFH
FAIRFAX FINL HLDGS LTD SUB VTG
FFH
+$32.7M
2
CSE
CAPITALSOURCE INC
CSE
+$17.7M
3
YUM icon
Yum! Brands
YUM
+$11.5M
4
WFC icon
Wells Fargo
WFC
+$3.06M
5
ACGL icon
Arch Capital
ACGL
+$3.02M

Sector Composition

1 Financials 62.05%
2 Consumer Discretionary 16.4%
3 Industrials 13.83%
4 Materials 3.48%
5 Energy 2.99%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
WFC icon
1
Wells Fargo
WFC
$265B
$132M 9.87%
2,916,893
-70,915
-2% -$3.06M
ACGL icon
2
Arch Capital
ACGL
$35.4B
$124M 9.23%
6,218,157
-157,539
-2% -$3.02M
MCO icon
3
Moody's
MCO
$89.2B
$104M 7.73%
1,321,961
-32,289
-2% -$2.36M
BRO icon
4
Brown & Brown
BRO
$23.5B
$99.7M 7.43%
6,352,148
-163,304
-3% -$2.59M
GS icon
5
Goldman Sachs
GS
$314B
$86M 6.41%
485,103
-10,238
-2% -$1.69M
YUM icon
6
Yum! Brands
YUM
$40.8B
$83.5M 6.23%
1,536,261
-224,001
-13% -$11.5M
TOL icon
7
Toll Brothers
TOL
$14.1B
$77.4M 5.77%
2,092,528
-46,997
-2% -$1.56M
JEF icon
8
Jefferies Financial Group
JEF
$12.7B
$64M 4.77%
2,523,989
-62,586
-2% -$1.58M
USB icon
9
US Bancorp
USB
$98.4B
$60.9M 4.54%
1,507,963
-41,483
-3% -$1.59M
NVR icon
10
NVR
NVR
$17.5B
$50M 3.73%
48,723
-1,058
-2% -$1M
EXPD icon
11
Expeditors International
EXPD
$23.9B
$47.6M 3.55%
1,074,945
-21,566
-2% -$941K
MLM icon
12
Martin Marietta Materials
MLM
$33.8B
$46.6M 3.48%
466,651
-14,012
-3% -$1.38M
MA icon
13
Mastercard
MA
$480B
$46.1M 3.44%
552,140
-16,980
-3% -$1.26M
AWH
14
DELISTED
Allied World Assurance Co Hld Lt
AWH
$44.5M 3.32%
1,184,595
-33,132
-3% -$1.19M
DE icon
15
Deere & Co
DE
$161B
$41M 3.05%
448,513
+42,938
+11% +$3.63M
DVN icon
16
Devon Energy
DVN
$50.6B
$40.1M 2.99%
648,727
+249,717
+63% +$15.3M
FAST icon
17
Fastenal
FAST
$52.2B
$36.1M 2.69%
3,037,400
-76,080
-2% -$914K
CHRW icon
18
C.H. Robinson
CHRW
$24.6B
$34.9M 2.6%
598,290
-17,404
-3% -$1.02M
BRK.B icon
19
Berkshire Hathaway Class B
BRK.B
$1.06T
$33.8M 2.52%
285,266
-3,694
-1% -$427K
UNP icon
20
Union Pacific
UNP
$179B
$25.9M 1.93%
308,494
-6,042
-2% -$478K
BRK.A icon
21
Berkshire Hathaway Class A
BRK.A
$1.06T
$20.1M 1.5%
113
– –
V icon
22
Visa
V
$682B
$17M 1.27%
305,580
-9,060
-3% -$457K
WAT icon
23
Waters Corp
WAT
$36.2B
$14.9M 1.11%
148,695
-4,758
-3% -$480K
MCD icon
24
McDonald's
MCD
$190B
$9.03M 0.67%
93,012
-1,768
-2% -$170K
CSE
25
DELISTED
CAPITALSOURCE INC
CSE
– –
-1,487,488
Closed -$17.7M
1
2

Similar funds

SNT
SIG North Trading Bala Cynwyd, Pennsylvania $4.98B AUM 36.24% 1-Year Est. Return
AM
Atreides Management Boston, Massachusetts $5B AUM 78.34% 1-Year Est. Return
SGM
Skye Global Management West Palm Beach, Florida $5B AUM 11.9% 1-Year Est. Return
CCA
Conestoga Capital Advisors Wayne, Pennsylvania $5.01B AUM 6.26% 1-Year Est. Return
PAMP
Polar Asset Management Partners Toronto, Ontario, Canada $5.01B AUM 35.27% 1-Year Est. Return
MOS
MGO One Seven Beachwood, Ohio $4.98B AUM 22.72% 1-Year Est. Return
BCM
Bridgeway Capital Management Houston, Texas $4.97B AUM 44.96% 1-Year Est. Return
CFC
Cincinnati Financial Corp Fairfield, Ohio $4.96B AUM 18.21% 1-Year Est. Return

Marshfield Associates's Q4 2013 Portfolio in Review

As of Q4 2013, Marshfield Associates held 27 positions worth $1.34B, up 1.8% from $1.32B the previous quarter. Its ten largest holdings account for 66% of the portfolio.

Marshfield Associates withdrew a net $70.2M in Q4 2013, closing 2 positions and reducing 22 holdings. Its most notable exit was FAIRFAX FINL HLDGS LTD SUB VTG, an estimated $32.7M position sold in full.

By sector, the portfolio is most concentrated in Financials at 62% of assets, down from 63% a quarter earlier, followed by Consumer Discretionary and Industrials.

Against the trend, Marshfield Associates added an estimated $15.3M to Devon Energy.

  • Marshfield Associates added most to Devon Energy in Q4 2013, an estimated $15.3M increase.
  • Marshfield Associates's biggest Q4 2013 reduction was Yum! Brands, cutting an estimated $11.5M.
  • Marshfield Associates fully exited FAIRFAX FINL HLDGS LTD SUB VTG in Q4 2013, selling an estimated $32.7M.
  • Marshfield Associates's ten largest holdings make up 66% of its $1.34B portfolio in Q4 2013.
  • Marshfield Associates opened 0 new positions and closed 2 in Q4 2013.
  • Marshfield Associates's portfolio value rose 1.8% quarter-over-quarter to $1.34B.

Based on Marshfield Associates's 13F filing for Q4 2013, filed 14 Feb 2014.