13F-HR 1 w86338e13fvhr.txt HOLDINGS REPORT UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 ------------------------ FORM 13F FORM 13F COVER PAGE Report for the Calendar Year or Quarter Ended: MARCH 31, 2003 ------------------------------ 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 ------------------------------------------------------- STE 310 ------------------------------------------------------- WASHINGTON, DC 20036 ------------------------------------------------------- Form 13F File Number: 28- --------------------- 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: CHRIS NIEMCZEWSKI ------------------------------------------------------- Title: MANAGING DIRECTOR ------------------------------------------------------- Phone: (202) 828-6200 ------------------------------------------------------- Signature, Place, and Date of Signing: /s/ Chris Niemczewski WASHINGTON, DC 5/6/03 ----------------------- ---------------------------- -------------- [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-Mar-03
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 ------------------------------ ----- --------- -------- -------- --- ---- ------- -------- -------- ------- ---- A.G. Edwards COM 281760108 1614 62320 SH Sole 62320 Abbott Laboratories COM 002824100 507 13475 SH Sole 13475 American Express Company COM 025816109 4755 143097 SH Sole 143097 American International Group COM 026874107 889 17984 SH Sole 17984 Berkshire Hathaway Class A COM 084670108 20863 327 SH Sole 327 Berkshire Hathaway Class B COM 084670207 29807 13948 SH Sole 13948 Bristol Myers-Squibb COM 110122108 520 24623 SH Sole 24623 CCC Information Services COM 12487Q109 17413 1076185 SH Sole 1076185 Citigroup COM 172967101 1161 33715 SH Sole 33715 Coca-Cola Company COM 191216100 1050 25928 SH Sole 25928 DCH Technology Inc COM 233092105 1 26000 SH Sole 26000 Disney (Walt) Company COM 254687106 229 13427 SH Sole 13427 Dover Corp. COM 260003108 4568 188619 SH Sole 188619 Duke Energy Company COM 264399106 53282 3664484 SH Sole 3664484 ExxonMobil Corporation COM 30231G102 689 19716 SH Sole 19716 Federal Home Loan Mortgage Cor COM 313400301 1464 27570 SH Sole 27570 First Data Corp COM 319963104 272 7338 SH Sole 7338 Gannett Inc. COM 364730101 13724 194862 SH Sole 194862 General Electric Company COM 369604103 5671 222398 SH Sole 222398 Gillette Company, The COM 375766102 1475 47663 SH Sole 47663 Heineken Holdings NV Shs A COM 721 25511 SH Sole 25511 HomeFed Corp COM 464 340995 SH Sole 340995 Intel Corp COM 458140100 1345 82599 SH Sole 82599 Johnson & Johnson COM 478160104 6980 120621 SH Sole 120621 Leucadia National Corporation COM 527288104 21836 610973 SH Sole 610973 Lindt & Sprungli COM 222 380 SH Sole 380 Markel Corp COM 570535104 35390 158203 SH Sole 158203 Martin Marietta Materials COM 573284106 47324 1713999 SH Sole 1713999 Mc Donald's Corporation COM 580135101 10758 744011 SH Sole 744011 Mercantile Bankshares Corp. COM 587405101 288 8500 SH Sole 8500 Merck & Co., Inc. COM 589331107 1580 28850 SH Sole 28850 Microsoft Corporation COM 594918104 669 27653 SH Sole 27653 Mohawk Industries COM MHK 14699 306611 SH Sole 306611 Morgan Stanley COM 617446448 233 6070 SH Sole 6070 Nestle ADR (Regular Shares) COM 641069406 804 16537 SH Sole 16537 Nestle SA Cham et Vevey (Regis COM 453 2300 SH Sole 2300 Nike Inc Cl B COM 654106103 218 4240 SH Sole 4240 Odyssey Re Holdings COM 67612W108 53460 2961777 SH Sole 2961777 PepsiCo, Inc. COM 713448108 10697 267426 SH Sole 267426 Pfizer Inc. COM 717081103 1611 51691 SH Sole 51691 Sealed AirCorp COM 81211K100 17120 426625 SH Sole 426625 State Street Corp COM 857477103 381 12040 SH Sole 12040 Student Loan Corp COM 863902102 239 2450 SH Sole 2450 TJX Companies Inc COM 872540109 29055 1650876 SH Sole 1650876 TVI Corp COM 827916101 431 278333 SH Sole 278333 Tyco International, Inc. COM 902124106 148 11504 SH Sole 11504 Verizon Communications COM 077853109 299 8457 SH Sole 8457 Washington Mutual Inc COM 939322103 60500 1715343 SH Sole 1715343 Washington Post Co Cl B COM 939640108 3566 5233 SH Sole 5233 WebMethods Inc COM 96 10511 SH Sole 10511 Wells Fargo & Company COM 949740104 23854 530196 SH Sole 530196 White Mountains Insurance Grou COM G9618E107 92190 271147 SH Sole 271147 Wyeth COM 983024100 269 7111 SH Sole 7111 YUM! Brands Inc COM 988498101 61119 2512075 SH Sole 2512075 REPORT SUMMARY 54 DATA RECORDS 658972 0 OTHER MANAGERS ON WHOSE BEHALF REPORT IS FILED