Q3 2026 13F · SEC CIK 1352449

Norman Fields, Gottscho Capital Management, LLC

Hedge fundFiled 2026-10-05 for Q3 2026. Open the filing ↗ · All SEC filings ↗

Reported 13F value: $328.8M
Reported positions: 63
Top holdings a year, 3 yrs: +16.1%
Average holding period: 12.0 yrs

Norman Fields, Gottscho Capital Management, LLC is a hedge fund that reported 63 positions worth $328.8M in its Q3 2026 13F, filed 2026-10-05. Its largest holdings were Costco Wholesale Corporation (COST, 15.8%), Berkshire Hathaway Inc Del (BRK-B, 14.1%), Apple Inc (AAPL, 11.2%). A portfolio copying its top holdings returned 16.1% a year over the last 3 years, against 20.4% for the S&P 500.

Norman Fields, Gottscho Capital Management, LLC holdings largest 50 of 63 positions.

Weights are shares of the filer's total reported 13F value, compared with Q2 2026. Share changes may reflect splits; weight changes also reflect price moves. A 13F shows long US-listed positions only, up to 135 days after the fact.

Norman Fields, Gottscho Capital Management, LLC 13F holdings
Stock	% of 13F value	Q2 2026	Shares	Share change	Reported value
COSTCostco Wholesale Corporation	15.8%	16.2%	57,161	-0.1%	$52.0M
BRK-BBerkshire Hathaway Inc Del	14.1%	14.6%	93,412	-3.1%	$46.5M
AAPLApple Inc	11.2%	9.7%	111,037	+0.0%	$37.0M
VVisa Inc	10.1%	9.6%	92,517	-0.0%	$33.2M
MUMicron Technology Inc	3.9%	4.2%	12,022	-0.4%	$12.8M
GOOGAlphabet Inc	3.5%	3.6%	33,419	+0.0%	$11.4M
AXPAmerican Express Co	3.2%	3.5%	34,415	-0.0%	$10.5M
UNPUnion Pac Corp	3.2%	3.1%	38,226	+0.0%	$10.4M
AMZNAmazon Com Inc	3.1%	3.0%	41,114	-0.0%	$10.2M
531229854Liberty Media Corp - Formula O	3.0%	3.0%	105,879	+0.9%	$9.8M
MAMastercard Incorporated	2.9%	2.7%	17,224	+0.0%	$9.5M
GOOGLAlphabet Inc	2.6%	2.7%	25,155	-0.8%	$8.7M
BATRKAtlanta Braves Holdings, Inc.	2.5%	2.4%	153,508	+1.3%	$8.1M
PKGPackaging Corp Amer	2.3%	2.4%	33,504	-0.9%	$7.7M
CAVACava Group Inc	1.7%	0.8%	102,000	+197.9%	$5.5M
WCCWESCO International, Inc.	1.5%	1.4%	13,663	+0.0%	$4.9M
57060U100Vaneck Vectors Gold Miners ETF	1.5%	1.2%	55,414	+4.5%	$4.9M
FERGFerguson Enterprises Inc Common Stock Ne	1.0%	1.0%	14,628	+1.4%	$3.3M
GDXJVaneck ETF Trust	1.0%	0.8%	28,245	+2.0%	$3.2M
RTXRtx Corporation	1.0%	1.0%	16,998	+0.0%	$3.2M
FFXDFFairfax India Holdings Corpora	0.7%	0.8%	134,480	-9.6%	$2.4M
TERTeradyne Inc	0.6%	0.7%	4,700	+0.0%	$1.9M
GLDSpdr Gold Tr	0.6%	0.5%	4,756	+0.0%	$1.8M
AAgilent Technologies Inc	0.5%	0.4%	10,319	-2.9%	$1.8M
LLYEli Lilly & Co	0.5%	0.5%	1,480	+0.0%	$1.7M
GHCGraham Hldgs Co Com Cl B	0.5%	0.5%	1,407	+0.0%	$1.6M
DEDeere & Co	0.5%	0.5%	2,350	+0.0%	$1.6M
SBUXStarbucks Corp	0.5%	0.5%	15,861	-0.5%	$1.5M
NVONovo-Nordisk A S	0.4%	0.6%	37,125	-12.1%	$1.4M
MSFTMicrosoft Corp	0.4%	0.3%	2,691	-4.4%	$1.4M
SLBSlb Limited	0.4%	0.2%	26,461	+60.5%	$1.3M
LHXL3harris Technologies Inc	0.4%	0.5%	5,380	+0.0%	$1.3M
CBChubb Corp	0.3%	0.4%	3,417	-0.3%	$1.1M
DHID R Horton Inc	0.3%	0.4%	7,575	+0.0%	$1.0M
ABBVAbbvie Inc	0.3%	0.3%	3,573	+0.0%	$935K
NSCNorfolk Southn Corporation	0.3%	0.3%	2,840	-5.3%	$878K
EADSFAirbus	0.3%	0.3%	3,845	+0.0%	$831K
JNJJohnson & Johnson	0.3%	0.2%	3,106	+0.0%	$822K
NOCNorthrop Grumman Corp	0.2%	0.3%	1,670	-2.1%	$807K
ABTAbbott Laboratories	0.2%	0.2%	7,478	+0.0%	$739K
LMTLockheed Martin Corp	0.2%	0.2%	1,382	-2.1%	$704K
LENLennar Corp	0.2%	—	8,183	—	$668K
NVDANvidia Corporation	0.2%	0.2%	2,870	+0.0%	$655K
MGRCMcgrath Rentcorp Com	0.2%	0.2%	5,550	+0.0%	$635K
KEXKirby Corp	0.2%	0.2%	4,000	+0.0%	$525K
XYLXylem Inc	0.2%	0.2%	5,070	+16.0%	$513K
UHALBU Haul Holding Company	0.1%	0.2%	9,235	+0.0%	$488K
MKLMarkel Group Inc	0.1%	0.1%	250	+0.0%	$428K
AMRZAmrize Ltd Shs	0.1%	0.2%	11,370	-1.3%	$425K
OHIOmega Healthcare Invs Inc	0.1%	—	9,000	—	$417K

What Norman Fields, Gottscho Capital Management, LLC bought and sold in Q3 2026, against Q2 2026.

New positions

Q2 2026's filing was too long to tell new positions apart.

Share counts compared with the Q2 2026 13F; a split also changes share counts. The latest filing lists more than 50 positions, so a position that left the top 50 may still be held.

How the holdings did against the S&P 500.

1 year: +13.8% /yr; S&P 500 +20.1%
3 years: +16.1% /yr; S&P 500 +20.4%
5 years: +10.3% /yr; S&P 500 +11.6%

A portfolio of the filer's 20 largest 13F positions, weighted by value, bought the trading day after each 13F was filed and held until the next one was: what copying this filer could have earned. 13Fs show long US-listed positions only, so this is an estimate of the stock picks, not the fund's reported returns.

Reported 13F value by quarter.

13F value by quarter
Quarter	13F value	Positions
Q3 2026	$328.8M	63
Q2 2026	$330.1M	64
Q1 2026	$302.5M	65
Q4 2025	$310.3M	60
Q3 2025	$312.9M	63
Q2 2025	$302.2M	63
Q1 2025	$297.2M	57
Q4 2024	$303.9M	57
Q3 2024	$302.1M	60
Q2 2024	$285.8M	56
Q1 2024	$268.4M	57
Q4 2023	$250.8M	56

Questions about Norman Fields, Gottscho Capital Management, LLC's portfolio

What stocks does Norman Fields, Gottscho Capital Management, LLC own?

Norman Fields, Gottscho Capital Management, LLC's latest 13F, for Q3 2026 and filed Oct 5, 2026, lists 63 positions worth $328.8M. The largest are Costco Wholesale Corporation (COST) at 15.8%, Berkshire Hathaway Inc Del (BRK-B) at 14.1%, Apple Inc (AAPL) at 11.2%, Visa Inc (V) at 10.1% and Micron Technology Inc (MU) at 3.9%.

What did Norman Fields, Gottscho Capital Management, LLC buy last quarter?

In Q3 2026, Norman Fields, Gottscho Capital Management, LLC added Cava Group Inc (CAVA) (+197.9% shares), Slb Limited (SLB) (+60.5% shares) and Xylem Inc (XYL) (+16.0% shares), compared with its Q2 2026 filing.

What did Norman Fields, Gottscho Capital Management, LLC sell last quarter?

In Q3 2026, Norman Fields, Gottscho Capital Management, LLC cut from its top 50 On Hldg AG (ONON), cut from its top 50 Ars Pharmaceuticals Inc (SPRY), Novo-Nordisk A S (NVO) (-12.1% shares), Fairfax India Holdings Corpora (FFXDF) (-9.6% shares) and Norfolk Southn Corporation (NSC) (-5.3% shares), compared with its Q2 2026 filing.

How has Norman Fields, Gottscho Capital Management, LLC's portfolio performed?

A portfolio copying Norman Fields, Gottscho Capital Management, LLC's 20 largest 13F holdings each quarter, from the day each filing was public, returned +16.1% a year over the last 3 years, against +20.4% for the S&P 500. Over 1 year: +13.8% against +20.1%. Over 5 years: +10.3% a year against +11.6%.

When is Norman Fields, Gottscho Capital Management, LLC's next 13F filing due?

13F filings are due 45 days after each quarter ends. Norman Fields, Gottscho Capital Management, LLC's filing for the quarter ending Dec 31, 2026 is due by Feb 14, 2027; this page updates the day after it is published.