Norman Fields, Gottscho Capital Management, LLC
In its 13F for Q1 2025 (holdings as of March 31, 2025, filed April 3, 2025), Norman Fields, Gottscho Capital Management, LLC reported 58 stock positions worth $295.8 million. Its top holding was Berkshire Hathaway Class B (BRK.B) at 19.4% of the portfolio, followed by Costco Wholesale (COST, 18.7%) and Visa Class A (V, 11.3%). Compared with Q4 2024, it opened 5 new positions, sold out of 5, added to 6 and reduced 27. The biggest buy was Liberty Media Corp.-Braves C (shares +36%) and the biggest sale Apple (AAPL, shares −11%).
- Most Recent 13F
- Q2 2026
- Location
- NEW YORK, NY
- CIK
- 0001352449
- Portfolio Value
- $295.8M (Q1 2025)
- SEC Filing
- 0001352449-25-000002 ↗ filed Apr 3, 2025
Holdings Value
Holdings 58 stocks · $295.8M
| BRK.B Berkshire Hathaway Inc. Class B | 19.40% | 107,790 | $57.4M | Reduce -1.0% |
| COST Costco Wholesale Corp. | 18.69% | 58,465 | $55.3M | Reduce -1.7% |
| V Visa Inc. Class A | 11.28% | 95,180 | $33.4M | Reduce -1.1% |
| AAPL Apple Inc. | 9.37% | 124,731 | $27.7M | Reduce -11.1% |
| FWONK Liberty Media Corp.-Liberty-C | 3.37% | 110,827 | $10.0M | Reduce -1.0% |
| MA Mastercard Inc. Class A | 3.21% | 17,335 | $9.5M | Reduce -2.8% |
| AXP American Express Co. | 3.21% | 35,262 | $9.5M | Reduce -2.3% |
| UNP Union Pacific Corp. | 2.88% | 36,078 | $8.5M | Reduce -1.2% |
| LIBERTY MEDIA CORP-BRAVES C filed as Atlanta Braves Holdings, Inc. | 2.86% | 211,377 | $8.5M | Add +36.1% |
| AMZN Amazon.com Inc. | 2.72% | 42,317 | $8.1M | Reduce -1.9% |
| ONON On Holding AG Class A filed as ON HLDG AG | 2.65% | 178,445 | $7.8M | Reduce -1.3% |
| PKG Packaging Corp. of America | 2.40% | 35,925 | $7.1M | Reduce -5.0% |
| NVO Novo-Nordisk A/S-Spons ADR | 1.81% | 77,212 | $5.4M | Add +21.1% |
| GOOG Alphabet Inc. Class C | 1.77% | 33,569 | $5.2M | Reduce -6.3% |
| GOOGL Alphabet Inc. Class A | 1.44% | 27,540 | $4.3M | Reduce -10.2% |
| RTX RTX Corp. | 0.85% | 18,908 | $2.5M | Reduce -0.1% |
| FERG Ferguson Enterprises Inc. | 0.80% | 14,820 | $2.4M | New |
| GDX Market Vectors Gold Miners ETF | 0.80% | 51,176 | $2.4M | New |
| SBUX Starbucks Corp. | 0.73% | 21,966 | $2.2M | Reduce -36.0% |
| A Agilent Technologies Inc. | 0.66% | 16,645 | $1.9M | Reduce -0.8% |
| GHC Graham Holdings Co. Class B | 0.60% | 1,851 | $1.8M | No change |
| MSFT Microsoft Corp. | 0.52% | 4,059 | $1.5M | No change |
| GDXJ Vaneck Junior Gold Miners | 0.49% | 25,110 | $1.4M | New |
| GLD SPDR Gold Shares | 0.46% | 4,714 | $1.4M | New |
| NOC Northrop Grumman Corp. | 0.42% | 2,415 | $1.2M | Reduce -7.7% |
| LLY Eli Lilly & Co. | 0.41% | 1,480 | $1.2M | No change |
| UHAL.B U-Haul Holding Co.-Non Voting | 0.39% | 19,349 | $1.1M | Reduce -1.1% |
| LHX L3HARRIS Technologies Inc. | 0.38% | 5,380 | $1.1M | Reduce -6.1% |
| MU Micron Technology Inc. | 0.38% | 12,845 | $1.1M | Reduce -2.1% |
| DE Deere & Co. | 0.37% | 2,350 | $1.1M | No change |
| ABT Abbott Laboratories | 0.34% | 7,478 | $992K | No change |
| DHI D.R. Horton Inc. | 0.33% | 7,595 | $966K | No change |
| LMT Lockheed Martin Corp. | 0.32% | 2,086 | $932K | Reduce -75.4% |
| EFX Equifax Inc. | 0.30% | 3,600 | $877K | No change |
| JNJ Johnson & Johnson | 0.30% | 5,271 | $874K | Reduce -4.5% |
| NSC Norfolk Southern Corp. | 0.26% | 3,265 | $773K | No change |
| SPB Spectrum Brands Holdings Inc. | 0.26% | 10,589 | $758K | Reduce -17.8% |
| ABBV Abbvie Inc. | 0.26% | 3,606 | $756K | Reduce -15.1% |
| MGRC McGrath Rentcorp | 0.21% | 5,550 | $618K | No change |
| HHH Howard Hughes Holdings Inc. | 0.19% | 7,395 | $548K | Reduce -22.2% |
| TER Teradyne Inc. | 0.17% | 6,150 | $508K | No change |
| UHAL U-Haul Holding Co. | 0.16% | 7,421 | $485K | Add +3.1% |
| MKL Markel Group Inc. | 0.16% | 250 | $467K | No change |
| EPD Enterprise Products Partners | 0.14% | 12,490 | $426K | No change |
| LEN Lennar Corp. Class A | 0.14% | 3,607 | $414K | No change |
| KEX Kirby Corp. | 0.14% | 4,000 | $404K | No change |
| DEO Diageo PLC-Sponsored ADR | 0.12% | 3,485 | $365K | Reduce -3.5% |
| ADP Automatic Data Processing | 0.12% | 1,136 | $347K | No change |
| ALC Alcon Inc. filed as ALCON AG | 0.12% | 3,634 | $345K | Reduce -19.5% |
| ABNB Airbnb Inc. Class A | 0.12% | 2,870 | $343K | Add +10.2% |
| OHI Omega Healthcare Investors | 0.12% | 9,000 | $343K | No change |
| NVDA Nvidia Corp. | 0.11% | 2,870 | $311K | Add +6.3% |
| HOLX Hologic Inc. | 0.10% | 4,600 | $284K | No change |
| XYL Xylem Inc. | 0.09% | 2,330 | $278K | No change |
| KDP Keurig Dr Pepper Inc. | 0.08% | 7,150 | $245K | Add +13.5% |
| DUK Duke Energy Corp. | 0.08% | 1,868 | $228K | No change |
| CB Chubb Corp. | 0.00% | 4,380 | $1K | New |
| GCI LIBERTY INC XXX SUBMITTED FOR ESCROW CL A filed as ESC GCI LIBERTY INC SR | 0.00% | 12,350 | $0 | No change |
Portfolio Sells Q4 2024 → Q1 2025
| AAPL Apple Inc. | Reduce -11.1% | 9.37% | −2.19 |
| CCC CCC Intelligent Solutions Ho | Sold out | 0.00% | −1.53 |
| LMT Lockheed Martin Corp. | Reduce -75.4% | 0.32% | −1.04 |
| OXY Occidental Petroleum Corp. | Sold out | 0.00% | −0.70 |
| ONON On Holding AG Class A | Reduce -1.3% | 2.65% | −0.61 |
| GOOG Alphabet Inc. Class C | Reduce -6.3% | 1.77% | −0.47 |
| GOOGL Alphabet Inc. Class A | Reduce -10.2% | 1.44% | −0.47 |
| PKG Packaging Corp. of America | Reduce -5.0% | 2.40% | −0.40 |
| AMZN Amazon.com Inc. | Reduce -1.9% | 2.72% | −0.39 |
| AXP American Express Co. | Reduce -2.3% | 3.21% | −0.32 |
| SBUX Starbucks Corp. | Reduce -36.0% | 0.73% | −0.30 |
| RHHBY Roche Holdings Ltd.-Spons ADR | Sold out | 0.00% | −0.28 |
| SPB Spectrum Brands Holdings Inc. | Reduce -17.8% | 0.26% | −0.10 |
| A Agilent Technologies Inc. | Reduce -0.8% | 0.66% | −0.08 |
| FIS Fidelity National Info Serv | Sold out | 0.00% | −0.07 |
| CARR Carrier Global Corp. | Sold out | 0.00% | −0.07 |
| HHH Howard Hughes Holdings Inc. | Reduce -22.2% | 0.19% | −0.06 |
| FWONK Liberty Media Corp.-Liberty-C | Reduce -1.0% | 3.37% | −0.04 |
| DEO Diageo PLC-Sponsored ADR | Reduce -3.5% | 0.12% | −0.03 |
| UHAL.B U-Haul Holding Co.-Non Voting | Reduce -1.1% | 0.39% | −0.03 |
| LHX L3HARRIS Technologies Inc. | Reduce -6.1% | 0.38% | −0.02 |
| ALC Alcon Inc. | Reduce -19.5% | 0.12% | −0.01 |
| ABBV Abbvie Inc. | Reduce -15.1% | 0.26% | +0.01 |
| MU Micron Technology Inc. | Reduce -2.1% | 0.38% | +0.01 |
| NOC Northrop Grumman Corp. | Reduce -7.7% | 0.42% | +0.01 |
| JNJ Johnson & Johnson | Reduce -4.5% | 0.30% | +0.03 |
| MA Mastercard Inc. Class A | Reduce -2.8% | 3.21% | +0.12 |
| RTX RTX Corp. | Reduce -0.1% | 0.85% | +0.13 |
| UNP Union Pacific Corp. | Reduce -1.2% | 2.88% | +0.14 |
| COST Costco Wholesale Corp. | Reduce -1.7% | 18.69% | +0.77 |
| V Visa Inc. Class A | Reduce -1.1% | 11.28% | +1.27 |
| BRK.B Berkshire Hathaway Inc. Class B | Reduce -1.0% | 19.40% | +3.16 |
Portfolio Buys Q4 2024 → Q1 2025
| LIBERTY MEDIA CORP-BRAVES C | Add +36.1% | 2.86% | +0.90 |
| FERG Ferguson Enterprises Inc. | New | 0.80% | +0.80 |
| GDX Market Vectors Gold Miners ETF | New | 0.80% | +0.80 |
| GDXJ Vaneck Junior Gold Miners | New | 0.49% | +0.49 |
| GLD SPDR Gold Shares | New | 0.46% | +0.46 |
| KDP Keurig Dr Pepper Inc. | Add +13.5% | 0.08% | +0.02 |
| NVO Novo-Nordisk A/S-Spons ADR | Add +21.1% | 1.81% | +0.01 |
| ABNB Airbnb Inc. Class A | Add +10.2% | 0.12% | +0.00 |
| UHAL U-Haul Holding Co. | Add +3.1% | 0.16% | +0.00 |
| CB Chubb Corp. | New | 0.00% | +0.00 |
| NVDA Nvidia Corp. | Add +6.3% | 0.11% | −0.01 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 64 | $330.1M | COST, BRK.B, AAPL, V, MU |
| Q1 2026 | 65 | $302.5M | COST, BRK.B, AAPL, V, AXP |
| Q4 2025 | 61 | $310.3M | BRK.B, COST, V, AAPL, AXP |
| Q3 2025 | 64 | $312.9M | COST, BRK.B, V, AAPL, AXP |
| Q2 2025 | 64 | $302.2M | COST, BRK.B, V, AAPL, FWONK |
| Q1 2025 | 58 | $295.8M | BRK.B, COST, V, AAPL, FWONK |
| Q4 2024 | 58 | $303.9M | COST, BRK.B, AAPL, V, AXP |
| Q3 2024 | 61 | $302.1M | COST, BRK.B, AAPL, V, AXP |
| Q2 2024 | 57 | $285.8M | COST, BRK.B, AAPL, V, AXP |
| Q1 2024 | 58 | $268.4M | BRK.B, COST, V, AAPL, UNP |