Night Owl Capital Management, LLC Long-Term Concentrated

CIK: 0001410833 · Show all filings

Period: Q3 2014 (← Previous) (Next →)

Filing Date: Nov 14, 2014

Total Value ($000): $223,201 (100.0% shares, 0.0% debt)

Holdings (27)

ECL ECOLAB 8.4%

Value ($000) $18,818 Shares 163,879 Est. Cost $74.20 Unrealized +33.8%

Value ($000) $18,014 Shares 84,424 Est. Cost $40.14 Unrealized +23.6%

— 21ST CENTURY FOX 7.5%

Value ($000) $16,674 Shares 486,257 Est. Cost $33.57 Unrealized —

Value ($000) $15,200 Shares 173,375 Est. Cost $65.40 Unrealized —

MA MASTERCARD 6.4%

Value ($000) $14,201 Shares 192,119 Est. Cost $70.71 Unrealized +0.5%

— DUNKIN' BRANDS 6.1%

Value ($000) $13,592 Shares 303,251 Est. Cost $43.19 Unrealized —

— THE PRICELINE GROUP 5.3%

Value ($000) $11,921 Shares 10,289 Est. Cost $850.81 Unrealized —

— GOOGLE INC. CL C 5.1%

Value ($000) $11,373 Shares 19,699 Est. Cost $1102.08 Unrealized —

SBH SALLY BEAUTY 5.1%

Value ($000) $11,290 Shares 412,493 Est. Cost $29.65 Unrealized -10.6%

— GOOGLE INC. CL A 4.9%

Value ($000) $10,992 Shares 18,681 Est. Cost $584.68 Unrealized —

SBUX STARBUCKS 4.7%

Value ($000) $10,399 Shares 137,805 Est. Cost $24.67 Unrealized +25.1%

FAST FASTENAL 4.2%

Value ($000) $9,454 Shares 210,559 Est. Cost $8.74 Unrealized -3.1%

MSFT MICROSOFT CORP 4.0%

Value ($000) $8,864 Shares 191,193 Est. Cost $35.36 Unrealized +6.5%

— CANADIAN PACIFIC RAILWAY 3.7%

Value ($000) $8,193 Shares 39,490 Est. Cost $130.45 Unrealized —

— FLEETCOR TECHNOLGIES 3.4%

Value ($000) $7,513 Shares 52,865 Est. Cost $115.35 Unrealized —

— SENSATA TECHNOLOGIES 3.3%

Value ($000) $7,298 Shares 163,890 Est. Cost $35.38 Unrealized —

— DISCOVERY COMMUNICATIONS CL A 2.8%

Value ($000) $6,213 Shares 164,362 Est. Cost $76.01 Unrealized —

— DISCOVERY COMMUNICATIONS CL C 2.7%

Value ($000) $6,075 Shares 162,945 Est. Cost $37.28 Unrealized —

— ORACLE 2.5%

Value ($000) $5,483 Shares 143,244 Est. Cost $30.76 Unrealized —

BABA ALIBABA 2.2%

Value ($000) $5,019 Shares 56,488 Est. Cost $88.85 Unrealized —

TCTZF TENCENT HOLDINGS LTD 2.1%

Value ($000) $4,752 Shares 319,500 Est. Cost $16.22 Unrealized 0.0%

JNJ JOHNSON & JOHNSON 0.3%

Value ($000) $565 Shares 5,296 Est. Cost $59.66 Unrealized +26.7%

AAPL APPLE INC. 0.1%

Value ($000) $314 Shares 3,112 Est. Cost $21.63 Unrealized 0.0%

BIDU BAIDU ADR REP ONE CL A 0.1%

Value ($000) $295 Shares 1,354 Est. Cost $217.87 Unrealized —

DG DOLLAR GENERAL 0.1%

Value ($000) $277 Shares 4,525 Est. Cost $45.35 Unrealized +14.8%

BRK/A BERKSHIRE HATHAWAY INC CL A 0.1%

Value ($000) $207 Shares 1 Est. Cost $199815.62 Unrealized 0.0%

UNP UNION PACIFIC CORP. 0.1%

Value ($000) $205 Shares 1,892 Est. Cost $80.32 Unrealized 0.0%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
ECL	ECOLAB	163,879	$18,818	8.4%	$74.20	+33.8%	COM	278865100
V	VISA	84,424	$18,014	8.1%	$40.14	+23.6%	COM	92826C839
—	21ST CENTURY FOX	486,257	$16,674	7.5%	$33.57	—	COM	90130A101
—	AON	173,375	$15,200	6.8%	$65.40	—	COM	G0408V102
MA	MASTERCARD	192,119	$14,201	6.4%	$70.71	+0.5%	COM	57636Q104
—	DUNKIN' BRANDS	303,251	$13,592	6.1%	$43.19	—	COM	265504100
—	THE PRICELINE GROUP	10,289	$11,921	5.3%	$850.81	—	COM	741503403
—	GOOGLE INC. CL C	19,699	$11,373	5.1%	$1102.08	—	COM	38259P706
SBH	SALLY BEAUTY	412,493	$11,290	5.1%	$29.65	-10.6%	COM	79546E104
—	GOOGLE INC. CL A	18,681	$10,992	4.9%	$584.68	—	COM	38259P508
SBUX	STARBUCKS	137,805	$10,399	4.7%	$24.67	+25.1%	COM	855244109
FAST	FASTENAL	210,559	$9,454	4.2%	$8.74	-3.1%	COM	311900104
MSFT	MICROSOFT CORP	191,193	$8,864	4.0%	$35.36	+6.5%	COM	594918104
—	CANADIAN PACIFIC RAILWAY	39,490	$8,193	3.7%	$130.45	—	COM	13645T100
—	FLEETCOR TECHNOLGIES	52,865	$7,513	3.4%	$115.35	—	COM	339041105
—	SENSATA TECHNOLOGIES	163,890	$7,298	3.3%	$35.38	—	COM	N7902X106
—	DISCOVERY COMMUNICATIONS CL A	164,362	$6,213	2.8%	$76.01	—	COM	25470F104
—	DISCOVERY COMMUNICATIONS CL C	162,945	$6,075	2.7%	$37.28	—	COM	25470F302
—	ORACLE	143,244	$5,483	2.5%	$30.76	—	COM	68389x105
BABA	ALIBABA	56,488	$5,019	2.2%	$88.85	—	COM	01609W102
TCTZF	TENCENT HOLDINGS LTD	319,500	$4,752	2.1%	$16.22	0.0%	COM	G87572163
JNJ	JOHNSON & JOHNSON	5,296	$565	0.3%	$59.66	+26.7%	COM	478160104
AAPL	APPLE INC.	3,112	$314	0.1%	$21.63	0.0%	COM	037833100
BIDU	BAIDU ADR REP ONE CL A	1,354	$295	0.1%	$217.87	—	COM	056752108
DG	DOLLAR GENERAL	4,525	$277	0.1%	$45.35	+14.8%	COM	256677105
BRK/A	BERKSHIRE HATHAWAY INC CL A	1	$207	0.1%	$199815.62	0.0%	COM	084670108
UNP	UNION PACIFIC CORP.	1,892	$205	0.1%	$80.32	0.0%	COM	907818108