0001193125-13-054498.txt : 20130213
0001193125-13-054498.hdr.sgml : 20130213
20130213134132
ACCESSION NUMBER: 0001193125-13-054498
CONFORMED SUBMISSION TYPE: 13F-HR
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20121231
FILED AS OF DATE: 20130213
DATE AS OF CHANGE: 20130213
EFFECTIVENESS DATE: 20130213
FILER:
COMPANY DATA:
COMPANY CONFORMED NAME: MARSHFIELD ASSOCIATES
CENTRAL INDEX KEY: 0000914976
IRS NUMBER: 521670976
STATE OF INCORPORATION: DC
FISCAL YEAR END: 1231
FILING VALUES:
FORM TYPE: 13F-HR
SEC ACT: 1934 Act
SEC FILE NUMBER: 028-03998
FILM NUMBER: 13601745
BUSINESS ADDRESS:
STREET 1: 21 DUPONT CIRCLE
CITY: WASHINGTON
STATE: DC
ZIP: 20036
BUSINESS PHONE: 202-828-6200
MAIL ADDRESS:
STREET 1: 21 DUPONT CIRCLE
CITY: WASHINGTON
STATE: DC
ZIP: 20036
13F-HR
1
d486508d13fhr.txt
FORM 13F-HR
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, 2012
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 hereby 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: Olayinka Odeniran
Title: CCO
Phone: (202) 828-6200
Signature, Place, and Date of Signing:
/s/ Olayinka Odeniran Washington, DC 2/6/13
-------------------------- ------------------------ ------------------------
[Signature] [City, State] [Date]
Report Type (Check only one.):
[X] 13F HOLDINGS REPORT. (Check here if all holdings of this reporting manager
are reported in this report.)
[_] 13F NOTICE. (Check here if no holdings reported are in this report, and all
holdings are reported by other reporting manager(s).)
[_] 13F COMBINATION REPORT. (Check here 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-12
Voting Authority
Title of Value Shares/ Sh/ Put/ Invstmt Other -------------------------
Name of Issuer class CUSIP (x$1000) Prn Amt Prn Call Dscretn Managers Sole Shared None
------------------------------ -------- --------- ----------- ----------- --- ---- ------- -------- --------- ------ --------
Arch Capital Group Ltd COM G0450A105 99178 2253031 SH Sole 2097854 155177
Berkshire Hathaway Class A COM 084670108 17159 128 SH Sole 122 6
Berkshire Hathaway Class B COM 084670702 29649 330542 SH Sole 315986 14556
Brown & Brown, Inc. COM 115236101 88338 3469704 SH Sole 3250846 218858
C.H. Robinson Worldwide Inc. COM 12541W209 37541 593818 SH Sole 543971 49847
Capital Source Inc COM 14055X102 34916 4606434 SH Sole 4293215 313219
Devon Energy Corp COM 25179M103 19314 371155 SH Sole 342602 28553
Expeditors International of Wa COM 302130109 38455 972326 SH Sole 916760 55566
Fairfax Financial Hldgs LTD COM 303901102 92069 255039 SH Sole 239055 15984
Fastenal Co COM 311900104 38991 835821 SH Sole 765709 70112
Goldman Sachs Group Inc COM 38141G104 64544 505992 SH Sole 473026 32966
HomeFed Corp COM 43739D307 481 18168 SH Sole 18168
Leucadia National Corporation COM 527288104 58061 2440596 SH Sole 2271777 168819
Martin Marietta Materials COM 573284106 51429 545495 SH Sole 511406 34089
Mastercard Inc Class A COM 57636Q104 29438 59922 SH Sole 56966 2956
Mc Donald's Corporation COM 580135101 8958 101556 SH Sole 92753 8803
Moody's Corp. COM 615369105 68259 1356501 SH Sole 1257920 98581
NVR Inc. COM 62944T105 48913 53167 SH Sole 48334 4833
Symetra Financial Corp COM 87151Q106 3599 277286 SH Sole 268977 8309
Toll Brothers Inc COM 889478103 73284 2266774 SH Sole 2118676 148098
US Bancorp COM 902973304 52446 1642034 SH Sole 1537881 104153
Union Pacific Corporation COM 907818108 20719 164803 SH Sole 154748 10055
Visa Inc Cl A COM 92826C839 12795 84416 SH Sole 75345 9071
Waters Corp COM 941848103 13704 157305 SH Sole 152658 4647
Wells Fargo & Company COM 949746101 107383 3141706 SH Sole 2940011 201695
YUM! Brands Inc COM 988498101 89557 1348763 SH Sole 1270939 77824
REPORT SUMMARY 26 DATA RECORDS 1199193 0 OTHER MANAGERS ON WHOSE BEHALF REPORT IS FILED