Night Owl Capital Management, LLC Long-Term Concentrated

CIK: 0001410833 · Show all filings

Period: Q1 2015 (← Previous) (Next →)

Filing Date: May 15, 2015

Total Value ($000): $191,402 (100.0% shares, 0.0% debt)

Holdings (25)

ECL ECOLAB 9.1%

Value ($000) $17,417 Shares 152,277 Est. Cost $74.20 Unrealized +31.0%

Value ($000) $16,374 Shares 250,329 Est. Cost $55.91 Unrealized +9.6%

MA MASTERCARD 8.2%

Value ($000) $15,728 Shares 182,057 Est. Cost $70.71 Unrealized +14.9%

— GOOGLE INC. CL C 5.4%

Value ($000) $10,357 Shares 18,899 Est. Cost $1102.08 Unrealized —

— FLEETCOR TECHNOLGIES 5.4%

Value ($000) $10,303 Shares 68,270 Est. Cost $123.12 Unrealized —

UNP UNION PACIFIC CORP. 4.8%

Value ($000) $9,197 Shares 84,910 Est. Cost $90.20 Unrealized +1.8%

— SENSATA TECHNOLOGIES 4.7%

Value ($000) $8,952 Shares 155,828 Est. Cost $35.38 Unrealized —

Value ($000) $8,616 Shares 89,639 Est. Cost $65.40 Unrealized —

FAST FASTENAL 4.4%

Value ($000) $8,476 Shares 204,566 Est. Cost $8.73 Unrealized -7.3%

SBH SALLY BEAUTY 4.2%

Value ($000) $8,101 Shares 235,704 Est. Cost $29.65 Unrealized +9.0%

MSFT MICROSOFT CORP 4.1%

Value ($000) $7,780 Shares 191,374 Est. Cost $35.43 Unrealized +5.1%

SBUX STARBUCKS 3.8%

Value ($000) $7,185 Shares 75,872 Est. Cost $24.67 Unrealized +46.4%

— THE PRICELINE GROUP 3.7%

Value ($000) $7,021 Shares 6,031 Est. Cost $862.42 Unrealized —

— CANADIAN PACIFIC RAILWAY 3.6%

Value ($000) $6,810 Shares 37,276 Est. Cost $130.45 Unrealized —

— 21ST CENTURY FOX 3.4%

Value ($000) $6,551 Shares 193,577 Est. Cost $33.57 Unrealized —

META FACEBOOK 3.4%

Value ($000) $6,510 Shares 79,183 Est. Cost $75.91 Unrealized +2.5%

MCK MCKESSON CORP 3.3%

Value ($000) $6,255 Shares 27,653 Est. Cost $203.43 Unrealized +0.4%

— DUNKIN' BRANDS 3.1%

Value ($000) $5,986 Shares 125,865 Est. Cost $43.19 Unrealized —

VMC VULCAN MATERIALS 3.1%

Value ($000) $5,887 Shares 69,833 Est. Cost $70.59 Unrealized 0.0%

DIS WALT DISNEY 3.0%

Value ($000) $5,816 Shares 55,448 Est. Cost $91.86 Unrealized 0.0%

BABA ALIBABA 2.9%

Value ($000) $5,530 Shares 66,439 Est. Cost $87.83 Unrealized —

BIDU BAIDU ADR REP ONE CL A 2.8%

Value ($000) $5,424 Shares 26,027 Est. Cost $224.33 Unrealized —

JNJ JOHNSON & JOHNSON 0.3%

Value ($000) $533 Shares 5,296 Est. Cost $59.66 Unrealized +25.9%

— ACTAVIS PLC 0.2%

Value ($000) $376 Shares 1,265 Est. Cost $257.71 Unrealized —

BRK/A BERKSHIRE HATHAWAY INC CL A 0.1%

Value ($000) $217 Shares 1 Est. Cost $199815.62 Unrealized +10.6%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
ECL	ECOLAB	152,277	$17,417	9.1%	$74.20	+31.0%	COM	278865100
V	VISA	250,329	$16,374	8.6%	$55.91	+9.6%	COM	92826C839
MA	MASTERCARD	182,057	$15,728	8.2%	$70.71	+14.9%	COM	57636Q104
—	GOOGLE INC. CL C	18,899	$10,357	5.4%	$1102.08	—	COM	38259P706
—	FLEETCOR TECHNOLGIES	68,270	$10,303	5.4%	$123.12	—	COM	339041105
UNP	UNION PACIFIC CORP.	84,910	$9,197	4.8%	$90.20	+1.8%	COM	907818108
—	SENSATA TECHNOLOGIES	155,828	$8,952	4.7%	$35.38	—	COM	N7902X106
—	AON	89,639	$8,616	4.5%	$65.40	—	COM	G0408V102
FAST	FASTENAL	204,566	$8,476	4.4%	$8.73	-7.3%	COM	311900104
SBH	SALLY BEAUTY	235,704	$8,101	4.2%	$29.65	+9.0%	COM	79546E104
MSFT	MICROSOFT CORP	191,374	$7,780	4.1%	$35.43	+5.1%	COM	594918104
SBUX	STARBUCKS	75,872	$7,185	3.8%	$24.67	+46.4%	COM	855244109
—	THE PRICELINE GROUP	6,031	$7,021	3.7%	$862.42	—	COM	741503403
—	CANADIAN PACIFIC RAILWAY	37,276	$6,810	3.6%	$130.45	—	COM	13645T100
—	21ST CENTURY FOX	193,577	$6,551	3.4%	$33.57	—	COM	90130A101
META	FACEBOOK	79,183	$6,510	3.4%	$75.91	+2.5%	COM	30303M102
MCK	MCKESSON CORP	27,653	$6,255	3.3%	$203.43	+0.4%	COM	58155Q103
—	DUNKIN' BRANDS	125,865	$5,986	3.1%	$43.19	—	COM	265504100
VMC	VULCAN MATERIALS	69,833	$5,887	3.1%	$70.59	0.0%	COM	929160109
DIS	WALT DISNEY	55,448	$5,816	3.0%	$91.86	0.0%	COM	254687106
BABA	ALIBABA	66,439	$5,530	2.9%	$87.83	—	COM	01609W102
BIDU	BAIDU ADR REP ONE CL A	26,027	$5,424	2.8%	$224.33	—	COM	056752108
JNJ	JOHNSON & JOHNSON	5,296	$533	0.3%	$59.66	+25.9%	COM	478160104
—	ACTAVIS PLC	1,265	$376	0.2%	$257.71	—	COM	G0083B108
BRK/A	BERKSHIRE HATHAWAY INC CL A	1	$217	0.1%	$199815.62	+10.6%	COM	084670108