Fund Holdings

MARSHFIELD ASSOCIATES

Filing Period:
Securities
SharesValue ($K)
Q4 2025
Q1 2026
Change
Q4 2025
Q1 2026
Weight (%)
Change
VISA INC1,029,0341,254,973+225,939360,892,682379,302,935+18,410,253
ARCH CAP GROUP LTD2,887,0023,051,421+164,419276,921,224292,905,894+15,984,670
FASTENAL CO3,749,5953,309,287-440,308150,471,253153,550,898+3,079,645
TJX COS INC NEW1,168,8591,091,160-77,699179,548,454174,258,187-5,290,267
EXPEDITORS INTL WASH INC2,052,5311,953,005-99,526305,847,695279,728,955-26,118,740
NVR INC26,85525,419-1,436195,850,985167,510,184-28,340,801
OREILLY AUTOMOTIVE INC3,906,6443,513,674-392,970356,324,999324,347,247-31,977,752
DISNEY WALT CO1,695,1891,642,724-52,465192,861,609158,325,702-34,535,907
AUTOZONE INC174,918165,033-9,885593,235,245557,446,011-35,789,234
UNITEDHEALTH GROUP INC1,658,4871,890,689+232,202547,483,256511,601,644-35,881,612
MOODYS CORP563,557538,993-24,564287,893,248235,135,904-52,757,344
STRATEGIC ED INC1,478,522792,930-685,592118,577,46965,781,482-52,795,987
DOMINOS PIZZA INC784,992755,140-29,852327,200,257270,936,823-56,263,434
MASTERCARD INCORPORATED626,682600,154-26,528357,760,397299,873,164-57,887,233
PROGRESSIVE CORP2,525,7342,455,384-70,350575,160,243486,755,395-88,404,848
ROSS STORES INC2,714,3391,818,806-895,533488,960,950394,007,928-94,953,022
CUMMINS INC763,648448,781-314,867389,804,368241,453,110-148,351,258
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