13F-HR 1 w17581e13fvhr.txt SCHEDULE 13F UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 13F FORM 13F COVER PAGE Report for the Calendar Year or Quarter Ended December 31, 2005 -------------------------- Check here if Amendment [ ]; Amendment Number: ---- This Amendment (Check only one.): [ ] is a restatement. [ ] adds new holdings entries Institutional Investment Manager Filing this Report: Name: Marshfield Associates ------------------------------------------------------------------------- Address: 21 Dupont Circle, NW ----------------------------------------------------------------------- Suite 500 ----------------------------------------------------------------------- Washington, DC 20036 ----------------------------------------------------------------------- Form 13F File Number: 28-03998 ------------- The Institutional Investment Manager filing this report and the person by whom it is signed represent that the person signing the report is authorized to submit it, that all information contained herein is true, correct and complete, and that it is understood that all required items, statements, schedules, lists, and tables, are considered integral parts of this form. Person Signing this Report on Behalf of Reporting Manager: Name: Julie Stapel ------------------------------------------------------------------------- Title: General Counsel ------------------------------------------------------------------------- Phone: 202-828-6200 ------------------------------------------------------------------------- Signature, Place, and Date of Signing: /s/ Julie Stapel Washington, DC February 13, 2006 ----------------------- -------------------------- ----------------- [Signature] [City, State] [Date] Report Type (Check only one.): [X] 13F HOLDINGS REPORT. (Check if all holdings of this reporting manager are reported in this report.) [ ] 13F NOTICE. (Check if no holdings reported are in this report, and all holdings are reported in this report and a portion are reported by other reporting manager(s).) [ ] 13F COMBINATION REPORT. (Check if a portion of the holdings for this reporting manager are reported in this report and a portion are reported by other reporting manager(s).) List of Other Managers Reporting for this Manager: [If there are no entries in this list, omit this section.] Form 13F File Number Name 28- --------------------------- ----------------------------- [Repeat as necessary.] Marshfield Associates FORM 13F 31-Dec-05
Voting Authority ---------------- Title Value Shares/ Sh/ Put/ Invstmt Other Name of Issuer of class CUSIP (x$1000) Prn Amt Prn Call Dscretn Managers Sole Shared None ------------------------------ -------- --------- -------- -------- --- ---- ------- -------- ----- ------ ---- American Express Company COM 025816109 262 5100 SH Sole 5100 Berkshire Hathaway Class A COM 084670108 24370 275 SH Sole 275 Berkshire Hathaway Class B COM 084670207 35907 12232 SH Sole 12232 Citigroup COM 1.73E+08 92895 1914168 SH Sole 1914168 Fairfax Financial Hldgs LTD COM 3.04E+08 9365 65322 SH Sole 65322 First Data Corp COM 3.2E+08 319 7416 SH Sole 7416 Freddie Mac COM 3.13E+08 842 12890 SH Sole 12890 Gannett Inc. COM 3.65E+08 9493 156729 SH Sole 156729 General Electric Company COM 3.7E+08 1157 33024 SH Sole 33024 Heineken Holdings NV COM N39338178 594 20227 SH Sole 20227 HomeFed Corp COM 43739D307 1968 29377 SH Sole 29377 Johnson & Johnson COM 4.78E+08 7955 132369 SH Sole 132369 Leucadia National Corporation COM 5.27E+08 37173 783255 SH Sole 783255 Lindt & Sprungli AG Part Cert COM 247 145 SH Sole 145 Marsh & McLennan COM 5.72E+08 49147 1547459 SH Sole 1547459 Martin Marietta Materials COM 5.73E+08 117102 1526354 SH Sole 1526354 Mohawk Industries COM 6.08E+08 49913 573848 SH Sole 573848 Montpelier Re Holdings Ltd COM G62185106 38871 2056668 SH Sole 2056668 Nestle ADR (Regular Shares) COM 6.41E+08 995 13315 SH Sole 13315 Nestle SA Cham et Vevey (Regis COM H57312466 228 775 SH Sole 775 Nike Inc Cl B COM 6.54E+08 281 3240 SH Sole 3240 Odyssey Re Holdings COM 67612W108 97353 3881684 SH Sole 3881684 PepsiCo, Inc. COM 7.13E+08 207 3500 SH Sole 3500 Pfizer Inc. COM 7.17E+08 737 31621 SH Sole 31621 Sealed AirCorp COM 81211K100 19976 355630 SH Sole 355630 State Street Corp COM 8.57E+08 610 11000 SH Sole 11000 Student Loan Corp COM 8.64E+08 492 2350 SH Sole 2350 Wal-Mart Stores, Inc. COM 9.31E+08 37956 811017 SH Sole 811017 Washington Post Co Cl B COM 9.4E+08 3249 4247 SH Sole 4247 Wells Fargo & Company COM 9.5E+08 57561 916145 SH Sole 916145 White Mountains Insurance Group COM G9618E107 125077 223932 SH Sole 223932 YUM! Brands Inc COM 9.88E+08 98697 2105318 SH Sole 2105318 32 DATA REPORT SUMMARY RECORDS 921001 0 OTHER MANAGERS ON WHOSE BEHALF REPORT IS FILED