Night Owl Capital Management, LLC Long-Term Concentrated

CIK: 0001410833 · Show all filings

Period: Q2 2014 (← Previous) (Next →)

Filing Date: Aug 14, 2014

Total Value ($000): $230,688 (100.0% shares, 0.0% debt)

Holdings (22)

ECL ECOLAB 7.9%

Value ($000) $18,312 Shares 164,472 Est. Cost $74.20 Unrealized +27.0%

V VISA 7.7%

Value ($000) $17,852 Shares 84,722 Est. Cost $40.14 Unrealized +20.0%

— 21ST CENTURY FOX 7.3%

Value ($000) $16,878 Shares 480,159 Est. Cost $33.56 Unrealized —

— AON 6.8%

Value ($000) $15,624 Shares 173,429 Est. Cost $65.40 Unrealized —

— DUNKIN' BRANDS 6.2%

Value ($000) $14,390 Shares 314,122 Est. Cost $43.19 Unrealized —

MA MASTERCARD 6.0%

Value ($000) $13,916 Shares 189,417 Est. Cost $70.70 Unrealized -2.1%

— THE PRICELINE GROUP 5.3%

Value ($000) $12,315 Shares 10,237 Est. Cost $850.81 Unrealized —

— DISCOVERY COMMUNICATIONS 5.3%

Value ($000) $12,165 Shares 163,770 Est. Cost $76.01 Unrealized —

— GOOGLE INC. CL C 4.9%

Value ($000) $11,237 Shares 19,533 Est. Cost $1102.08 Unrealized —

— GOOGLE INC. CL A 4.8%

Value ($000) $11,003 Shares 18,819 Est. Cost $584.68 Unrealized —

SBUX STARBUCKS 4.6%

Value ($000) $10,629 Shares 137,358 Est. Cost $24.67 Unrealized +17.1%

FAST FASTENAL 4.5%

Value ($000) $10,450 Shares 211,155 Est. Cost $8.74 Unrealized +4.3%

SBH SALLY BEAUTY 4.5%

Value ($000) $10,402 Shares 414,736 Est. Cost $29.65 Unrealized -12.9%

EBAY eBAY 3.8%

Value ($000) $8,729 Shares 174,370 Est. Cost $20.14 Unrealized -3.7%

DG DOLLAR GENERAL 3.5%

Value ($000) $8,069 Shares 140,675 Est. Cost $45.35 Unrealized +9.6%

— SENSATA TECHNOLOGIES 3.3%

Value ($000) $7,561 Shares 161,628 Est. Cost $35.25 Unrealized —

— CANADIAN PACIFIC RAILWAY 3.1%

Value ($000) $7,153 Shares 39,490 Est. Cost $130.45 Unrealized —

— FLEETCOR TECHNOLGIES 3.0%

Value ($000) $6,933 Shares 52,601 Est. Cost $115.35 Unrealized —

— ORACLE 2.5%

Value ($000) $5,821 Shares 143,616 Est. Cost $30.76 Unrealized —

— VALEANT PHARMACEUTICALS 2.5%

Value ($000) $5,729 Shares 45,428 Est. Cost $126.11 Unrealized —

MSFT MICROSOFT CORP 2.2%

Value ($000) $4,966 Shares 119,100 Est. Cost $33.96 Unrealized 0.0%

JNJ JOHNSON & JOHNSON 0.2%

Value ($000) $554 Shares 5,296 Est. Cost $59.66 Unrealized +22.6%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
ECL	ECOLAB	164,472	$18,312	7.9%	$74.20	+27.0%	COM	278865100
V	VISA	84,722	$17,852	7.7%	$40.14	+20.0%	COM	92826C839
—	21ST CENTURY FOX	480,159	$16,878	7.3%	$33.56	—	COM	90130A101
—	AON	173,429	$15,624	6.8%	$65.40	—	COM	G0408V102
—	DUNKIN' BRANDS	314,122	$14,390	6.2%	$43.19	—	COM	265504100
MA	MASTERCARD	189,417	$13,916	6.0%	$70.70	-2.1%	COM	57636Q104
—	THE PRICELINE GROUP	10,237	$12,315	5.3%	$850.81	—	COM	741503403
—	DISCOVERY COMMUNICATIONS	163,770	$12,165	5.3%	$76.01	—	COM	25470F104
—	GOOGLE INC. CL C	19,533	$11,237	4.9%	$1102.08	—	COM	38259P706
—	GOOGLE INC. CL A	18,819	$11,003	4.8%	$584.68	—	COM	38259P508
SBUX	STARBUCKS	137,358	$10,629	4.6%	$24.67	+17.1%	COM	855244109
FAST	FASTENAL	211,155	$10,450	4.5%	$8.74	+4.3%	COM	311900104
SBH	SALLY BEAUTY	414,736	$10,402	4.5%	$29.65	-12.9%	COM	79546E104
EBAY	eBAY	174,370	$8,729	3.8%	$20.14	-3.7%	COM	278642103
DG	DOLLAR GENERAL	140,675	$8,069	3.5%	$45.35	+9.6%	COM	256677105
—	SENSATA TECHNOLOGIES	161,628	$7,561	3.3%	$35.25	—	COM	N7902X106
—	CANADIAN PACIFIC RAILWAY	39,490	$7,153	3.1%	$130.45	—	COM	13645T100
—	FLEETCOR TECHNOLGIES	52,601	$6,933	3.0%	$115.35	—	COM	339041105
—	ORACLE	143,616	$5,821	2.5%	$30.76	—	COM	68389x105
—	VALEANT PHARMACEUTICALS	45,428	$5,729	2.5%	$126.11	—	COM	91911k102
MSFT	MICROSOFT CORP	119,100	$4,966	2.2%	$33.96	0.0%	COM	594918104
JNJ	JOHNSON & JOHNSON	5,296	$554	0.2%	$59.66	+22.6%	COM	478160104