Night Owl Capital Management, LLC Long-Term Concentrated

CIK: 0001410833 · Show all filings

Period: Q4 2014 (← Previous) (Next →)

Filing Date: Feb 13, 2015

Total Value ($000): $203,197 (100.0% shares, 0.0% debt)

Holdings (26)

— 21ST CENTURY FOX 8.8%

Value ($000) $17,896 Shares 465,974 Est. Cost $33.57 Unrealized —

Value ($000) $16,677 Shares 63,603 Est. Cost $40.14 Unrealized +38.7%

ECL ECOLAB 7.9%

Value ($000) $16,137 Shares 154,391 Est. Cost $74.20 Unrealized +30.3%

MA MASTERCARD 7.8%

Value ($000) $15,907 Shares 184,621 Est. Cost $70.71 Unrealized +7.9%

— THE PRICELINE GROUP 6.0%

Value ($000) $12,222 Shares 10,719 Est. Cost $862.42 Unrealized —

— FLEETCOR TECHNOLGIES 5.0%

Value ($000) $10,250 Shares 68,927 Est. Cost $123.12 Unrealized —

— GOOGLE INC. CL C 4.9%

Value ($000) $10,033 Shares 19,060 Est. Cost $1102.08 Unrealized —

FAST FASTENAL 4.7%

Value ($000) $9,581 Shares 201,453 Est. Cost $8.74 Unrealized -4.5%

— GOOGLE INC. CL A 4.7%

Value ($000) $9,574 Shares 18,042 Est. Cost $584.68 Unrealized —

Value ($000) $8,642 Shares 91,131 Est. Cost $65.40 Unrealized —

MSFT MICROSOFT CORP 4.2%

Value ($000) $8,556 Shares 184,194 Est. Cost $35.36 Unrealized +12.8%

— SENSATA TECHNOLOGIES 4.1%

Value ($000) $8,265 Shares 157,695 Est. Cost $35.38 Unrealized —

SBH SALLY BEAUTY 3.6%

Value ($000) $7,367 Shares 239,647 Est. Cost $29.65 Unrealized +0.2%

— CANADIAN PACIFIC RAILWAY 3.6%

Value ($000) $7,289 Shares 37,825 Est. Cost $130.45 Unrealized —

SBUX STARBUCKS 3.1%

Value ($000) $6,328 Shares 77,129 Est. Cost $24.67 Unrealized +26.8%

META FACEBOOK 3.1%

Value ($000) $6,278 Shares 80,468 Est. Cost $75.91 Unrealized 0.0%

UNP UNION PACIFIC CORP. 3.0%

Value ($000) $6,100 Shares 51,203 Est. Cost $89.12 Unrealized +0.4%

BABA ALIBABA 2.8%

Value ($000) $5,652 Shares 54,380 Est. Cost $88.85 Unrealized —

— DUNKIN' BRANDS 2.7%

Value ($000) $5,457 Shares 127,943 Est. Cost $43.19 Unrealized —

— DISCOVERY COMMUNICATIONS CL A 2.7%

Value ($000) $5,430 Shares 157,626 Est. Cost $76.01 Unrealized —

BIDU BAIDU ADR REP ONE CL A 2.5%

Value ($000) $4,989 Shares 21,884 Est. Cost $227.35 Unrealized —

— DISCOVERY COMMUNICATIONS CL C 1.6%

Value ($000) $3,188 Shares 94,543 Est. Cost $37.28 Unrealized —

JNJ JOHNSON & JOHNSON 0.3%

Value ($000) $554 Shares 5,296 Est. Cost $59.66 Unrealized +29.6%

— ACTAVIS PLC 0.2%

Value ($000) $326 Shares 1,265 Est. Cost $257.71 Unrealized —

MCK MCKESSON CORP 0.1%

Value ($000) $273 Shares 1,317 Est. Cost $186.87 Unrealized 0.0%

BRK/A BERKSHIRE HATHAWAY INC CL A 0.1%

Value ($000) $226 Shares 1 Est. Cost $199815.62 Unrealized +8.3%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
—	21ST CENTURY FOX	465,974	$17,896	8.8%	$33.57	—	COM	90130A101
V	VISA	63,603	$16,677	8.2%	$40.14	+38.7%	COM	92826C839
ECL	ECOLAB	154,391	$16,137	7.9%	$74.20	+30.3%	COM	278865100
MA	MASTERCARD	184,621	$15,907	7.8%	$70.71	+7.9%	COM	57636Q104
—	THE PRICELINE GROUP	10,719	$12,222	6.0%	$862.42	—	COM	741503403
—	FLEETCOR TECHNOLGIES	68,927	$10,250	5.0%	$123.12	—	COM	339041105
—	GOOGLE INC. CL C	19,060	$10,033	4.9%	$1102.08	—	COM	38259P706
FAST	FASTENAL	201,453	$9,581	4.7%	$8.74	-4.5%	COM	311900104
—	GOOGLE INC. CL A	18,042	$9,574	4.7%	$584.68	—	COM	38259P508
—	AON	91,131	$8,642	4.3%	$65.40	—	COM	G0408V102
MSFT	MICROSOFT CORP	184,194	$8,556	4.2%	$35.36	+12.8%	COM	594918104
—	SENSATA TECHNOLOGIES	157,695	$8,265	4.1%	$35.38	—	COM	N7902X106
SBH	SALLY BEAUTY	239,647	$7,367	3.6%	$29.65	+0.2%	COM	79546E104
—	CANADIAN PACIFIC RAILWAY	37,825	$7,289	3.6%	$130.45	—	COM	13645T100
SBUX	STARBUCKS	77,129	$6,328	3.1%	$24.67	+26.8%	COM	855244109
META	FACEBOOK	80,468	$6,278	3.1%	$75.91	0.0%	COM	30303M102
UNP	UNION PACIFIC CORP.	51,203	$6,100	3.0%	$89.12	+0.4%	COM	907818108
BABA	ALIBABA	54,380	$5,652	2.8%	$88.85	—	COM	01609W102
—	DUNKIN' BRANDS	127,943	$5,457	2.7%	$43.19	—	COM	265504100
—	DISCOVERY COMMUNICATIONS CL A	157,626	$5,430	2.7%	$76.01	—	COM	25470F104
BIDU	BAIDU ADR REP ONE CL A	21,884	$4,989	2.5%	$227.35	—	COM	056752108
—	DISCOVERY COMMUNICATIONS CL C	94,543	$3,188	1.6%	$37.28	—	COM	25470F302
JNJ	JOHNSON & JOHNSON	5,296	$554	0.3%	$59.66	+29.6%	COM	478160104
—	ACTAVIS PLC	1,265	$326	0.2%	$257.71	—	COM	G0083B108
MCK	MCKESSON CORP	1,317	$273	0.1%	$186.87	0.0%	COM	58155Q103
BRK/A	BERKSHIRE HATHAWAY INC CL A	1	$226	0.1%	$199815.62	+8.3%	COM	084670108