Night Owl Capital Management, LLC Long-Term Concentrated

CIK: 0001410833 · Show all filings

Period: Q4 2017 (← Previous) (Next →)

Filing Date: Feb 14, 2018

Total Value ($000): $214,642 (100.0% shares, 0.0% debt)

Holdings (25)

Value ($000) $25,481 Shares 223,477 Est. Cost $55.91 Unrealized +86.7%

MA MASTERCARD 11.4%

Value ($000) $24,477 Shares 161,716 Est. Cost $70.71 Unrealized +101.1%

GOOG ALPHABET INC. CL C 8.8%

Value ($000) $18,889 Shares 18,051 Est. Cost $30.50 Unrealized +65.6%

AMZN AMAZON.COM 8.3%

Value ($000) $17,763 Shares 15,189 Est. Cost $30.18 Unrealized +82.3%

MSFT MICROSOFT CORP 6.9%

Value ($000) $14,815 Shares 173,195 Est. Cost $36.27 Unrealized +107.5%

— THE PRICELINE GROUP 5.5%

Value ($000) $11,888 Shares 6,841 Est. Cost $950.75 Unrealized —

Value ($000) $11,050 Shares 82,459 Est. Cost $66.83 Unrealized —

META FACEBOOK 4.5%

Value ($000) $9,763 Shares 55,326 Est. Cost $91.68 Unrealized +91.4%

W WAYFAIR INC. 3.8%

Value ($000) $8,205 Shares 102,213 Est. Cost $39.52 Unrealized +77.8%

BLKB BLACKBAUD INC 3.7%

Value ($000) $7,937 Shares 83,999 Est. Cost $65.32 Unrealized +45.4%

— FIRST DATA CORP 3.7%

Value ($000) $7,862 Shares 470,476 Est. Cost $16.19 Unrealized —

SHOP SHOPIFY 3.6%

Value ($000) $7,819 Shares 77,420 Est. Cost $8.77 Unrealized +16.8%

CSGP COSTAR GROUP 3.2%

Value ($000) $6,784 Shares 22,845 Est. Cost $19.64 Unrealized +49.2%

DLMAF DOLLARAMA 3.1%

Value ($000) $6,710 Shares 53,533 Est. Cost $23.96 Unrealized +58.0%

BURL BURLINGTON STORES INC 2.9%

Value ($000) $6,169 Shares 50,142 Est. Cost $77.34 Unrealized +31.6%

ADBE ADOBE SYSTEMS INC. 2.8%

Value ($000) $5,959 Shares 34,006 Est. Cost $149.64 Unrealized +15.0%

TYL TYLER TECHNOLOGIES 2.8%

Value ($000) $5,913 Shares 33,400 Est. Cost $139.28 Unrealized +27.5%

NOW SERVICENOW, INC. 2.6%

Value ($000) $5,532 Shares 42,427 Est. Cost $24.86 Unrealized 0.0%

SBUX STARBUCKS 2.5%

Value ($000) $5,271 Shares 91,786 Est. Cost $33.09 Unrealized +43.3%

— SENSATA TECHNOLOGIES 1.2%

Value ($000) $2,525 Shares 49,399 Est. Cost $37.15 Unrealized —

CHTR CHARTER COMMUNICATIONS, INC 1.2%

Value ($000) $2,511 Shares 7,475 Est. Cost $214.89 Unrealized +58.1%

JNJ JOHNSON & JOHNSON 0.2%

Value ($000) $446 Shares 3,191 Est. Cost $63.16 Unrealized +75.7%

BABA ALIBABA 0.2%

Value ($000) $384 Shares 2,226 Est. Cost $172.51 Unrealized —

BRK/A BERKSHIRE HATHAWAY INC CL A 0.1%

Value ($000) $298 Shares 1 Est. Cost $199512.94 Unrealized +42.7%

— SOCIAL CAPITAL HEDOSOPHIA 0.1%

Value ($000) $191 Shares 18,000 Est. Cost $10.56 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
V	VISA	223,477	$25,481	11.9%	$55.91	+86.7%	COM	92826C839
MA	MASTERCARD	161,716	$24,477	11.4%	$70.71	+101.1%	COM	57636Q104
GOOG	ALPHABET INC. CL C	18,051	$18,889	8.8%	$30.50	+65.6%	COM	02079K107
AMZN	AMAZON.COM	15,189	$17,763	8.3%	$30.18	+82.3%	COM	023135106
MSFT	MICROSOFT CORP	173,195	$14,815	6.9%	$36.27	+107.5%	COM	594918104
—	THE PRICELINE GROUP	6,841	$11,888	5.5%	$950.75	—	COM	741503403
—	AON	82,459	$11,050	5.1%	$66.83	—	COM	G0408V102
META	FACEBOOK	55,326	$9,763	4.5%	$91.68	+91.4%	COM	30303M102
W	WAYFAIR INC.	102,213	$8,205	3.8%	$39.52	+77.8%	COM	94419L101
BLKB	BLACKBAUD INC	83,999	$7,937	3.7%	$65.32	+45.4%	COM	09227Q100
—	FIRST DATA CORP	470,476	$7,862	3.7%	$16.19	—	COM	32008D106
SHOP	SHOPIFY	77,420	$7,819	3.6%	$8.77	+16.8%	COM	82509L107
CSGP	COSTAR GROUP	22,845	$6,784	3.2%	$19.64	+49.2%	COM	22160N109
DLMAF	DOLLARAMA	53,533	$6,710	3.1%	$23.96	+58.0%	COM	25675T107
BURL	BURLINGTON STORES INC	50,142	$6,169	2.9%	$77.34	+31.6%	COM	122017106
ADBE	ADOBE SYSTEMS INC.	34,006	$5,959	2.8%	$149.64	+15.0%	COM	00724F101
TYL	TYLER TECHNOLOGIES	33,400	$5,913	2.8%	$139.28	+27.5%	COM	902252105
NOW	SERVICENOW, INC.	42,427	$5,532	2.6%	$24.86	0.0%	COM	81762P102
SBUX	STARBUCKS	91,786	$5,271	2.5%	$33.09	+43.3%	COM	855244109
—	SENSATA TECHNOLOGIES	49,399	$2,525	1.2%	$37.15	—	COM	N7902X106
CHTR	CHARTER COMMUNICATIONS, INC	7,475	$2,511	1.2%	$214.89	+58.1%	COM	16119P108
JNJ	JOHNSON & JOHNSON	3,191	$446	0.2%	$63.16	+75.7%	COM	478160104
BABA	ALIBABA	2,226	$384	0.2%	$172.51	—	COM	01609W102
BRK/A	BERKSHIRE HATHAWAY INC CL A	1	$298	0.1%	$199512.94	+42.7%	COM	084670108
—	SOCIAL CAPITAL HEDOSOPHIA	18,000	$191	0.1%	$10.56	—	COM	G8250R111