Night Owl Capital Management, LLC Long-Term Concentrated

Location: Greenwich, CT

CIK: 0001410833 · Show all filings

Period: Q2 2015 (← Previous) (Next →)

Filing Date: Aug 14, 2015

Total Value: $194M (100.0% shares, 0.0% debt)

Holdings (25)

ECL ECOLAB 8.9%

Value $17.28M Shares 152,840 Est. Cost $74.20 Unrealized +37.8%

MA MASTERCARD 8.8%

Value $17.08M Shares 182,753 Est. Cost $70.71 Unrealized +21.8%

Value $16.87M Shares 251,205 Est. Cost $55.91 Unrealized +12.5%

— FLEETCOR TECHNOLGIES 5.5%

Value $10.72M Shares 68,666 Est. Cost $123.12 Unrealized —

— GOOGLE INC. CL C 5.1%

Value $9.867M Shares 18,956 Est. Cost $1102.08 Unrealized —

Value $8.979M Shares 90,082 Est. Cost $65.40 Unrealized —

UNP UNION PACIFIC CORP. 4.5%

Value $8.709M Shares 91,316 Est. Cost $89.63 Unrealized -8.5%

FAST FASTENAL 4.5%

Value $8.671M Shares 205,569 Est. Cost $8.73 Unrealized -9.1%

MSFT MICROSOFT CORP 4.4%

Value $8.509M Shares 192,735 Est. Cost $35.43 Unrealized +10.9%

— SENSATA TECHNOLOGIES 4.3%

Value $8.263M Shares 156,682 Est. Cost $35.38 Unrealized —

SBUX STARBUCKS 4.2%

Value $8.181M Shares 152,595 Est. Cost $32.84 Unrealized +24.6%

SBH SALLY BEAUTY 3.9%

Value $7.486M Shares 237,054 Est. Cost $29.65 Unrealized +7.1%

— THE PRICELINE GROUP 3.6%

Value $6.983M Shares 6,065 Est. Cost $862.42 Unrealized —

— DUNKIN' BRANDS 3.6%

Value $6.961M Shares 126,567 Est. Cost $43.19 Unrealized —

META FACEBOOK 3.5%

Value $6.829M Shares 79,624 Est. Cost $75.91 Unrealized +6.8%

DIS WALT DISNEY 3.3%

Value $6.362M Shares 55,741 Est. Cost $91.86 Unrealized +8.9%

— 21ST CENTURY FOX 3.3%

Value $6.336M Shares 194,683 Est. Cost $33.57 Unrealized —

MCK MCKESSON CORP 3.2%

Value $6.251M Shares 27,808 Est. Cost $203.43 Unrealized +4.8%

— CANADIAN PACIFIC RAILWAY 3.2%

Value $6.187M Shares 38,611 Est. Cost $131.48 Unrealized —

VMC VULCAN MATERIALS 3.0%

Value $5.887M Shares 70,140 Est. Cost $70.59 Unrealized +13.1%

BABA ALIBABA 2.8%

Value $5.49M Shares 66,733 Est. Cost $87.83 Unrealized —

BIDU BAIDU ADR REP ONE CL A 2.7%

Value $5.207M Shares 26,154 Est. Cost $224.33 Unrealized —

JNJ JOHNSON & JOHNSON 0.3%

Value $516K Shares 5,296 Est. Cost $59.66 Unrealized +24.9%

— ALLERGAN PLC 0.2%

Value $384K Shares 1,265 Est. Cost $303.56 Unrealized —

BRK/A BERKSHIRE HATHAWAY INC CL A 0.1%

Value $205K Shares 1 Est. Cost $199815.62 Unrealized +7.4%

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
ECL	ECOLAB	152,840	$17.28M	8.9%	$74.20	+37.8%	COM	278865100
MA	MASTERCARD	182,753	$17.08M	8.8%	$70.71	+21.8%	COM	57636Q104
V	VISA	251,205	$16.87M	8.7%	$55.91	+12.5%	COM	92826C839
—	FLEETCOR TECHNOLGIES	68,666	$10.72M	5.5%	$123.12	—	COM	339041105
—	GOOGLE INC. CL C	18,956	$9.867M	5.1%	$1102.08	—	COM	38259P706
—	AON	90,082	$8.979M	4.6%	$65.40	—	COM	G0408V102
UNP	UNION PACIFIC CORP.	91,316	$8.709M	4.5%	$89.63	-8.5%	COM	907818108
FAST	FASTENAL	205,569	$8.671M	4.5%	$8.73	-9.1%	COM	311900104
MSFT	MICROSOFT CORP	192,735	$8.509M	4.4%	$35.43	+10.9%	COM	594918104
—	SENSATA TECHNOLOGIES	156,682	$8.263M	4.3%	$35.38	—	COM	N7902X106
SBUX	STARBUCKS	152,595	$8.181M	4.2%	$32.84	+24.6%	COM	855244109
SBH	SALLY BEAUTY	237,054	$7.486M	3.9%	$29.65	+7.1%	COM	79546E104
—	THE PRICELINE GROUP	6,065	$6.983M	3.6%	$862.42	—	COM	741503403
—	DUNKIN' BRANDS	126,567	$6.961M	3.6%	$43.19	—	COM	265504100
META	FACEBOOK	79,624	$6.829M	3.5%	$75.91	+6.8%	COM	30303M102
DIS	WALT DISNEY	55,741	$6.362M	3.3%	$91.86	+8.9%	COM	254687106
—	21ST CENTURY FOX	194,683	$6.336M	3.3%	$33.57	—	COM	90130A101
MCK	MCKESSON CORP	27,808	$6.251M	3.2%	$203.43	+4.8%	COM	58155Q103
—	CANADIAN PACIFIC RAILWAY	38,611	$6.187M	3.2%	$131.48	—	COM	13645T100
VMC	VULCAN MATERIALS	70,140	$5.887M	3.0%	$70.59	+13.1%	COM	929160109
BABA	ALIBABA	66,733	$5.49M	2.8%	$87.83	—	COM	01609W102
BIDU	BAIDU ADR REP ONE CL A	26,154	$5.207M	2.7%	$224.33	—	COM	056752108
JNJ	JOHNSON & JOHNSON	5,296	$516K	0.3%	$59.66	+24.9%	COM	478160104
—	ALLERGAN PLC	1,265	$384K	0.2%	$303.56	—	COM	G0177J108
BRK/A	BERKSHIRE HATHAWAY INC CL A	1	$205K	0.1%	$199815.62	+7.4%	COM	084670108