Marshfield Associates 13F Holdings · Q2 2026
Marshfield Associates reported 17 securities worth $4.26B in its SEC 13F filing for Q2 2026 (period ended 2026-06-30). Top holdings: UNH (14.87%), PGR (11.03%), AZO (10.22%). Among its top 25 positions this quarter: 1 new, 1 added, 15 trimmed, 1 exited.
| Rank | Ticker | Company | Value | % Portfolio | Shares | Action |
|---|---|---|---|---|---|---|
| 1 | UNH | UNITEDHEALTH GROUP INC | $634.3M | 14.87% | 1.5M | Trimmed |
| 2 | PGR | PROGRESSIVE CORP | $470.4M | 11.03% | 2.2M | Trimmed |
| 3 | AZO | AUTOZONE INC | $435.8M | 10.22% | 136,373 | Trimmed |
| 4 | V | VISA INC | $354.9M | 8.32% | 1.0M | Trimmed |
| 5 | ACGL | ARCH CAP GROUP LTD | $323.3M | 7.58% | 3.3M | Added |
| 6 | MA | MASTERCARD INCORPORATED | $293.9M | 6.89% | 572,290 | Trimmed |
| 7 | EXPD | EXPEDITORS INTL WASH INC | $253.3M | 5.94% | 1.6M | Trimmed |
| 8 | ORLY | OREILLY AUTOMOTIVE INC | $252.4M | 5.92% | 2.7M | Trimmed |
| 9 | MCO | MOODYS CORP | $191.5M | 4.49% | 422,806 | Trimmed |
| 10 | DPZ | DOMINOS PIZZA INC | $189.0M | 4.43% | 638,541 | Trimmed |
| 11 | NKE | NIKE INC | $178.3M | 4.18% | 4.3M | New |
| 12 | NVR | NVR INC | $137.2M | 3.22% | 20,141 | Trimmed |
| 13 | TJX | TJX COS INC NEW | $132.2M | 3.10% | 872,770 | Trimmed |
| 14 | ROST | ROSS STORES INC | $126.8M | 2.97% | 595,704 | Trimmed |
| 15 | DIS | DISNEY WALT CO | $124.9M | 2.93% | 1.3M | Trimmed |
| 16 | FAST | FASTENAL CO | $123.7M | 2.90% | 2.6M | Trimmed |
| 17 | STRA | STRATEGIC ED INC | $42.8M | 1.00% | 559,012 | Trimmed |
| 18 | CMI | CUMMINS INC | $0 | 0.00% | 0 | Exited |
Source: SEC Form 13F filings · as of 2026-06-30
Every position in this 13F-HR, with its change from the prior quarter.
13F holdings, latest quarter
SourceSEC EDGAR13F-HR