MARSHFIELD ASSOCIATES
CIK: 0000914976SEC EDGAR →
Portfolio Value
$5.7T
Holdings
17
As of
Q4 2025
New Positions
17
Closed Positions
0
Portfolio Value History
Top 10 Holdings
| Rank | Stock | Shares | Value | % of Portfolio |
|---|---|---|---|---|
| 1 | AUTOZONE INC | 174,918 | $593.0B | 10.40% |
| 2 | PROGRESSIVE CORP | 2,525,734 | $575.0B | 10.08% |
| 3 | UNITEDHEALTH GROUP INC | 1,658,487 | $547.0B | 9.59% |
| 4 | ROSS STORES INC | 2,714,339 | $488.0B | 8.56% |
| 5 | CUMMINS INC | 763,648 | $389.0B | 6.82% |
| 6 | VISA INC | 1,029,034 | $360.0B | 6.31% |
| 7 | MASTERCARD INCORPORATED | 626,682 | $357.0B | 6.26% |
| 8 | OREILLY AUTOMOTIVE INC | 3,906,644 | $356.0B | 6.24% |
| 9 | DOMINOS PIZZA INC | 784,992 | $327.0B | 5.73% |
| 10 | EXPEDITORS INTL WASH INC | 2,052,531 | $305.0B | 5.35% |
Quarterly Changes
Sector Breakdown
| Sector | # Holdings | Value | % |
|---|---|---|---|
| Consumer Cyclical | 6 | $2.1T | 37.5% |
| Financial Services | 5 | $1.9T | 32.6% |
| Industrials | 3 | $844.0B | 14.8% |
| Healthcare | 1 | $547.0B | 9.6% |
| Communication Services | 1 | $192.0B | 3.4% |
| Consumer Defensive | 1 | $118.0B | 2.1% |