MARSHFIELD ASSOCIATES

Q1 2025 13F-HR Holdings

Location
Washington, DC
Holdings as of
3/31/2025
Date filed
5/15/2025
Form type
13F-HR
Num holdings
18
Total value ($000)
$4,615,810
Net value change ($000)
+1,538 (0.0%)
New positions
0
Sold out positions
0
Turnover %
0.0%
Sector allocation + QoQ delta (equities-only)
Prev filing: 2/14/2025 Next filing: 8/14/2025 SEC filing

Snapshot: Change Analysis

Compared to Q4 2024
Methodology: sector metrics are equities-only; instrument mix chart is ex-options; options exposure is shown separately. Why this matters.
Top Adds (Value $000, Stocks/ETFs)
AZO 102,208 18.7%
PGR 56,010 26.8%
ORLY 49,232 13.6%
V 34,520 11.7%
DPZ 29,099 9.7%
EXPD 19,025 9.4%
MA 15,420 5.3%
FAST 12,061 8.6%
ACGL 9,450 4.0%
VGSH 14 0.9%
Top Reduces (Value $000, Stocks/ETFs)
TJX -138,120 -50.6%
ROST -92,993 -15.7%
CMI -35,669 -9.8%
NVR -20,183 -10.5%
DIS -19,448 -11.0%
STRA -16,320 -9.5%
MCO -2,631 -1.1%
BIL -137 -1.1%
Instrument mix + QoQ Δ (ex-options)
How this table is calculated: SEC VALUE ($000) is used as reported. For derivatives (PUT/CALL/WARRANT/RIGHT), SEC value represents reported underlying exposure, not premium cash paid/received. Column % is bucket-based: non-options share is calculated inside non-option total, options share is calculated inside options total. Details.
Filter:
Instrument:
Issuer Name Ticker Sector Industry Class History Value ($000) % Shares Shares Δ Shares Δ% Value Δ ($000) Value Δ% Principal Option Type