Marshfield Associates Portfolio Stock Holdings

According to the SEC 13F filed on August 14, 2026, Marshfield Associates disclosed 17 stock positions valued at approximately $4.26B as of quarter-end June 30, 2026. The largest holdings include UNITEDHEALTH GROUP INC, PROGRESSIVE CORP, and AUTOZONE INC.

Report Period
June 30, 2026
No. of Stocks
17
Portfolio Value
$4.26B
Holdings by Sector
Marshfield Associates Portfolio Holdings in Q2 2026
CompanySymbolSectorPortfolio %SharesChange (Shares)Change %Value
UNITEDHEALTH GROUP INCUNHHealthcare14.87%1,526,157-364,532-19.28%$634,316,697
PROGRESSIVE CORPPGRFinancial Services11.03%2,153,186-302,198-12.31%$470,363,489
AUTOZONE INCAZOConsumer Cyclical10.22%136,373-28,660-17.37%$435,840,725
VISA INCVFinancial Services8.32%1,034,433-220,540-17.57%$354,903,450
ARCH CAP GROUP LTDACGLFinancial Services7.58%3,331,135+279,714+9.17%$323,319,956
MASTERCARD INCORPORATEDMAFinancial Services6.89%572,290-27,864-4.64%$293,927,923
EXPEDITORS INTL WASH INCEXPDIndustrials5.94%1,553,964-399,041-20.43%$253,265,083
OREILLY AUTOMOTIVE INCORLYConsumer Cyclical5.92%2,740,457-773,217-22.01%$252,368,685
MOODYS CORPMCOFinancial Services4.49%422,806-116,187-21.56%$191,497,359
DOMINOS PIZZA INCDPZConsumer Cyclical4.43%638,541-116,599-15.44%$189,033,792
NIKE INCNKEConsumer Cyclical4.18%4,343,816+4,343,816+100.00%$178,313,647
NVR INCNVRConsumer Cyclical3.22%20,141-5,278-20.76%$137,228,689
TJX COS INC NEWTJXConsumer Cyclical3.10%872,770-218,390-20.01%$132,224,596
ROSS STORES INCROSTConsumer Cyclical2.97%595,704-1,223,102-67.25%$126,795,641
DISNEY WALT CODISCommunication Services2.93%1,298,132-344,592-20.98%$124,945,168
FASTENAL COFASTIndustrials2.90%2,574,816-734,471-22.19%$123,668,417
STRATEGIC ED INCSTRAConsumer Defensive1.00%559,012-233,918-29.50%$42,831,474
Showing 17 of 17 holdings in the latest reporting period.