Night Owl Capital Management, LLC Long-Term Concentrated

CIK: 0001410833 · Show all filings

Period: Q1 2014 (← Previous) (Next →)

Filing Date: May 15, 2014

Total Value ($000): $225,661 (100.0% shares, 0.0% debt)

Holdings (20)

V VISA 9.8%

Value ($000) $22,105 Shares 102,404 Est. Cost $40.14 Unrealized +27.3%

— GOOGLE INC. CL C 9.4%

Value ($000) $21,268 Shares 19,083 Est. Cost $1114.50 Unrealized —

ECL ECOLAB 7.9%

Value ($000) $17,782 Shares 164,666 Est. Cost $74.20 Unrealized +23.9%

EBAY eBAY 7.1%

Value ($000) $15,990 Shares 289,456 Est. Cost $20.14 Unrealized +2.6%

— DUNKIN' BRANDS 6.9%

Value ($000) $15,670 Shares 312,272 Est. Cost $43.19 Unrealized —

— 21ST CENTURY FOX 6.8%

Value ($000) $15,311 Shares 478,923 Est. Cost $33.56 Unrealized —

— AON 6.4%

Value ($000) $14,427 Shares 171,174 Est. Cost $65.07 Unrealized —

MA MASTERCARD 6.4%

Value ($000) $14,332 Shares 191,856 Est. Cost $70.70 Unrealized +2.8%

DG DOLLAR GENERAL 6.1%

Value ($000) $13,679 Shares 246,563 Est. Cost $45.35 Unrealized +11.6%

— THE PRICELINE GROUP 5.3%

Value ($000) $12,021 Shares 10,086 Est. Cost $845.54 Unrealized —

SBH SALLY BEAUTY 5.0%

Value ($000) $11,195 Shares 408,575 Est. Cost $29.70 Unrealized -4.0%

FAST FASTENAL 4.6%

Value ($000) $10,411 Shares 211,185 Est. Cost $8.74 Unrealized -1.9%

SBUX STARBUCKS 4.3%

Value ($000) $9,789 Shares 133,402 Est. Cost $24.54 Unrealized +19.4%

— SENSATA TECHNOLOGIES 3.1%

Value ($000) $6,889 Shares 161,563 Est. Cost $35.25 Unrealized —

— ORACLE 2.7%

Value ($000) $6,045 Shares 147,759 Est. Cost $30.76 Unrealized —

— FLEETCOR TECHNOLGIES 2.6%

Value ($000) $5,967 Shares 51,840 Est. Cost $115.10 Unrealized —

— CANADIAN PACIFIC RAILWAY 2.6%

Value ($000) $5,884 Shares 39,113 Est. Cost $130.45 Unrealized —

— DISCOVERY COMMUNICATIONS 2.5%

Value ($000) $5,675 Shares 68,627 Est. Cost $78.40 Unrealized —

TMO THERMO FISHER SCIENTIFIC 0.3%

Value ($000) $691 Shares 5,750 Est. Cost $79.76 Unrealized +43.5%

JNJ JOHNSON & JOHNSON 0.2%

Value ($000) $530 Shares 5,396 Est. Cost $59.66 Unrealized +11.7%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
V	VISA	102,404	$22,105	9.8%	$40.14	+27.3%	COM	92826C839
—	GOOGLE INC. CL C	19,083	$21,268	9.4%	$1114.50	—	COM	38259P706
ECL	ECOLAB	164,666	$17,782	7.9%	$74.20	+23.9%	COM	278865100
EBAY	eBAY	289,456	$15,990	7.1%	$20.14	+2.6%	COM	278642103
—	DUNKIN' BRANDS	312,272	$15,670	6.9%	$43.19	—	COM	265504100
—	21ST CENTURY FOX	478,923	$15,311	6.8%	$33.56	—	COM	90130A101
—	AON	171,174	$14,427	6.4%	$65.07	—	COM	G0408V102
MA	MASTERCARD	191,856	$14,332	6.4%	$70.70	+2.8%	COM	57636Q104
DG	DOLLAR GENERAL	246,563	$13,679	6.1%	$45.35	+11.6%	COM	256677105
—	THE PRICELINE GROUP	10,086	$12,021	5.3%	$845.54	—	COM	741503403
SBH	SALLY BEAUTY	408,575	$11,195	5.0%	$29.70	-4.0%	COM	79546E104
FAST	FASTENAL	211,185	$10,411	4.6%	$8.74	-1.9%	COM	311900104
SBUX	STARBUCKS	133,402	$9,789	4.3%	$24.54	+19.4%	COM	855244109
—	SENSATA TECHNOLOGIES	161,563	$6,889	3.1%	$35.25	—	COM	N7902X106
—	ORACLE	147,759	$6,045	2.7%	$30.76	—	COM	68389x105
—	FLEETCOR TECHNOLGIES	51,840	$5,967	2.6%	$115.10	—	COM	339041105
—	CANADIAN PACIFIC RAILWAY	39,113	$5,884	2.6%	$130.45	—	COM	13645T100
—	DISCOVERY COMMUNICATIONS	68,627	$5,675	2.5%	$78.40	—	COM	25470F104
TMO	THERMO FISHER SCIENTIFIC	5,750	$691	0.3%	$79.76	+43.5%	COM	883556102
JNJ	JOHNSON & JOHNSON	5,396	$530	0.2%	$59.66	+11.7%	COM	478160104