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
+7.15%
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
$1.25B
AUM Growth
-$144M
(-10%)
Cap. Flow
-$228M
Cap. Flow
% of AUM
-18.2%
Top 10 Holdings %
Top 10 Hldgs %
69.93%
Holding
22
New
–
Increased
–
Reduced
19
Closed
3
Top Buys
No buys this quarter
Top Sells
| 1 |
AWH
Allied World Assurance Co Hld Lt
AWH
|
+$70.9M |
| 2 |
Moody's
MCO
|
+$14.4M |
| 3 |
Arch Capital
ACGL
|
+$14.1M |
| 4 |
Toll Brothers
TOL
|
+$11.9M |
| 5 |
Wells Fargo
WFC
|
+$11.2M |
Sector Composition
| 1 | Financials | 46.59% |
| 2 | Industrials | 28.66% |
| 3 | Consumer Discretionary | 20.29% |
| 4 | Consumer Staples | 3.04% |
| 5 | Healthcare | 1.42% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
1
Moody's
MCO
$89.2B
| $138M | 10.97% |
1,270,447
-136,539
| -10% | -$14.4M |
|
|
2
Arch Capital
ACGL
$35.4B
| $124M | 9.87% |
4,686,717
-554,007
| -11% | -$14.1M |
|
3
Yum! Brands
YUM
$40.8B
| $88M | 7.02% |
1,348,652
-80,696
| -6% | -$5.15M |
|
4
Goldman Sachs
GS
$314B
| $86.8M | 6.92% |
538,144
-66,235
| -11% | -$10.8M |
|
5
Cummins
CMI
$89.5B
| $80.9M | 6.45% |
631,379
-82,347
| -12% | -$9.99M |
|
6
NVR
NVR
$17.5B
| $75M | 5.98% |
45,716
-4,204
| -8% | -$7.16M |
|
|
7
Wells Fargo
WFC
$265B
| $73.1M | 5.83% |
1,651,488
-233,705
| -12% | -$11.2M |
|
8
Fastenal
FAST
$52.2B
| $72.4M | 5.77% |
6,932,772
-855,336
| -11% | -$9.1M |
|
9
Deere & Co
DE
$161B
| $71.6M | 5.71% |
838,663
-92,857
| -10% | -$7.6M |
|
10
Union Pacific
UNP
$179B
| $67.7M | 5.4% |
693,946
-104,220
| -13% | -$9.75M |
|
11
Expeditors International
EXPD
$23.9B
| $66.8M | 5.33% |
1,296,318
-177,211
| -12% | -$8.97M |
|
12
Mastercard
MA
$480B
| $57.7M | 4.6% |
567,121
-85,640
| -13% | -$8.21M |
|
13
Visa
V
$682B
| $55.5M | 4.43% |
671,529
-90,416
| -12% | -$7.24M |
|
14
Ross Stores
ROST
$74.9B
| $54.2M | 4.32% |
843,260
-107,111
| -11% | -$6.59M |
|
15
US Bancorp
USB
$98.4B
| $49.7M | 3.96% |
1,157,766
-154,487
| -12% | -$6.56M |
|
16
Chipotle Mexican Grill
CMG
$44.2B
| $37.2M | 2.97% |
4,389,850
-326,300
| -7% | -$2.68M |
|
17
Strategic Education
STRA
$1.73B
| $35.9M | 2.86% |
768,677
-188
| -0% | -$9.04K |
|
18
Waters Corp
WAT
$36.2B
| $17.9M | 1.42% |
112,708
-28,322
| -20% | -$4.38M |
|
|
CPLA
19
DELISTED
Capella Education Company
CPLA
| $2.27M | 0.18% |
39,161
-17,041
| -30% | -$994K |
|
|
20
Toll Brothers
TOL
$14.1B
| – | – |
-441,259
| Closed | -$11.9M |
|
|
AWH
21
DELISTED
Allied World Assurance Co Hld Lt
AWH
| – | – |
-2,017,768
| Closed | -$70.9M |
|
Similar funds
SNT
AM
SGM
CCA
PAMP
MOS
BCM
CFC
Marshfield Associates's Q3 2016 Portfolio in Review
As of Q3 2016, Marshfield Associates held 22 positions worth $1.25B, down 10% from $1.4B the previous quarter. Its ten largest holdings account for 70% of the portfolio.
Marshfield Associates withdrew a net $228M in Q3 2016, closing 3 positions and reducing 19 holdings. Its most notable exit was Allied World Assurance Co Hld Lt, an estimated $70.9M position sold in full.
By sector, the portfolio is most concentrated in Financials at 47% of assets, down from 48% a quarter earlier, followed by Industrials and Consumer Discretionary.
- Marshfield Associates's biggest Q3 2016 reduction was Moody's, cutting an estimated $14.4M.
- Marshfield Associates fully exited Allied World Assurance Co Hld Lt in Q3 2016, selling an estimated $70.9M.
- Marshfield Associates's ten largest holdings make up 70% of its $1.25B portfolio in Q3 2016.
- Marshfield Associates opened 0 new positions and closed 3 in Q3 2016.
- Marshfield Associates's portfolio value fell 10% quarter-over-quarter to $1.25B.
Based on Marshfield Associates's 13F filing for Q3 2016, filed 15 Nov 2016.