Night Owl Capital Management, LLC Long-Term Concentrated

CIK: 0001410833 · Show all filings

Period: Q1 2018 (← Previous) (Next →)

Filing Date: May 15, 2018

Total Value ($000): $238,969 (100.0% shares, 0.0% debt)

Holdings (27)

MA MASTERCARD 11.8%

Value ($000) $28,255 Shares 161,312 Est. Cost $70.71 Unrealized +131.5%

Value ($000) $26,683 Shares 223,067 Est. Cost $55.91 Unrealized +105.3%

AMZN AMAZON.COM 9.2%

Value ($000) $22,026 Shares 15,218 Est. Cost $30.18 Unrealized +137.0%

GOOG ALPHABET INC. CL C 7.9%

Value ($000) $18,764 Shares 18,186 Est. Cost $30.50 Unrealized +79.6%

MSFT MICROSOFT CORP 6.6%

Value ($000) $15,817 Shares 173,298 Est. Cost $36.27 Unrealized +132.4%

BKNG BOOKING HOLDINGS 6.0%

Value ($000) $14,253 Shares 6,851 Est. Cost $1933.58 Unrealized 0.0%

Value ($000) $11,788 Shares 84,005 Est. Cost $68.18 Unrealized —

META FACEBOOK 4.2%

Value ($000) $9,963 Shares 62,349 Est. Cost $101.44 Unrealized +75.8%

SHOP SHOPIFY 4.0%

Value ($000) $9,663 Shares 77,559 Est. Cost $8.77 Unrealized +47.6%

BLKB BLACKBAUD INC 3.6%

Value ($000) $8,521 Shares 83,700 Est. Cost $65.32 Unrealized +50.8%

CSGP COSTAR GROUP 3.5%

Value ($000) $8,314 Shares 22,924 Est. Cost $19.64 Unrealized +75.5%

— FIRST DATA CORP 3.2%

Value ($000) $7,667 Shares 479,174 Est. Cost $16.19 Unrealized —

NOW SERVICENOW, INC. 3.1%

Value ($000) $7,465 Shares 45,120 Est. Cost $25.22 Unrealized +22.4%

PYPL PAYPAL HOLDINGS 3.1%

Value ($000) $7,447 Shares 98,160 Est. Cost $79.13 Unrealized 0.0%

ADBE ADOBE SYSTEMS INC. 3.1%

Value ($000) $7,369 Shares 34,104 Est. Cost $149.64 Unrealized +35.9%

TYL TYLER TECHNOLOGIES 3.0%

Value ($000) $7,059 Shares 33,461 Est. Cost $139.28 Unrealized +43.6%

BURL BURLINGTON STORES INC 2.8%

Value ($000) $6,627 Shares 49,771 Est. Cost $77.34 Unrealized +59.7%

DLMAF DOLLARAMA 2.4%

Value ($000) $5,656 Shares 46,568 Est. Cost $23.96 Unrealized +67.2%

SBUX STARBUCKS 2.2%

Value ($000) $5,217 Shares 90,123 Est. Cost $33.09 Unrealized +47.2%

GWRE GUIDEWIRE SOFTWARE 1.7%

Value ($000) $4,053 Shares 50,144 Est. Cost $80.47 Unrealized 0.0%

ST SENSATA TECHNOLOGIES 1.0%

Value ($000) $2,501 Shares 48,250 Est. Cost $53.31 Unrealized 0.0%

W WAYFAIR INC. 1.0%

Value ($000) $2,293 Shares 33,961 Est. Cost $39.52 Unrealized +112.5%

BABA ALIBABA 0.2%

Value ($000) $409 Shares 2,226 Est. Cost $172.51 Unrealized —

JNJ JOHNSON & JOHNSON 0.2%

Value ($000) $409 Shares 3,191 Est. Cost $63.16 Unrealized +71.6%

BRK/A BERKSHIRE HATHAWAY INC CL A 0.1%

Value ($000) $299 Shares 1 Est. Cost $199512.94 Unrealized +54.5%

SPY SPDR TR UNIT SER 1 0.1%

Value ($000) $261 Shares 991 Est. Cost $263.37 Unrealized —

— SOCIAL CAPITAL HEDOSOPHIA 0.1%

Value ($000) $190 Shares 18,000 Est. Cost $10.56 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
MA	MASTERCARD	161,312	$28,255	11.8%	$70.71	+131.5%	COM	57636Q104
V	VISA	223,067	$26,683	11.2%	$55.91	+105.3%	COM	92826C839
AMZN	AMAZON.COM	15,218	$22,026	9.2%	$30.18	+137.0%	COM	023135106
GOOG	ALPHABET INC. CL C	18,186	$18,764	7.9%	$30.50	+79.6%	COM	02079K107
MSFT	MICROSOFT CORP	173,298	$15,817	6.6%	$36.27	+132.4%	COM	594918104
BKNG	BOOKING HOLDINGS	6,851	$14,253	6.0%	$1933.58	0.0%	COM	09857L108
—	AON	84,005	$11,788	4.9%	$68.18	—	COM	G0408V102
META	FACEBOOK	62,349	$9,963	4.2%	$101.44	+75.8%	COM	30303M102
SHOP	SHOPIFY	77,559	$9,663	4.0%	$8.77	+47.6%	COM	82509L107
BLKB	BLACKBAUD INC	83,700	$8,521	3.6%	$65.32	+50.8%	COM	09227Q100
CSGP	COSTAR GROUP	22,924	$8,314	3.5%	$19.64	+75.5%	COM	22160N109
—	FIRST DATA CORP	479,174	$7,667	3.2%	$16.19	—	COM	32008D106
NOW	SERVICENOW, INC.	45,120	$7,465	3.1%	$25.22	+22.4%	COM	81762P102
PYPL	PAYPAL HOLDINGS	98,160	$7,447	3.1%	$79.13	0.0%	COM	70450Y103
ADBE	ADOBE SYSTEMS INC.	34,104	$7,369	3.1%	$149.64	+35.9%	COM	00724F101
TYL	TYLER TECHNOLOGIES	33,461	$7,059	3.0%	$139.28	+43.6%	COM	902252105
BURL	BURLINGTON STORES INC	49,771	$6,627	2.8%	$77.34	+59.7%	COM	122017106
DLMAF	DOLLARAMA	46,568	$5,656	2.4%	$23.96	+67.2%	COM	25675T107
SBUX	STARBUCKS	90,123	$5,217	2.2%	$33.09	+47.2%	COM	855244109
GWRE	GUIDEWIRE SOFTWARE	50,144	$4,053	1.7%	$80.47	0.0%	COM	40171V100
ST	SENSATA TECHNOLOGIES	48,250	$2,501	1.0%	$53.31	0.0%	COM	G8060N102
W	WAYFAIR INC.	33,961	$2,293	1.0%	$39.52	+112.5%	COM	94419L101
BABA	ALIBABA	2,226	$409	0.2%	$172.51	—	SPONSORED ADS	01609W102
JNJ	JOHNSON & JOHNSON	3,191	$409	0.2%	$63.16	+71.6%	COM	478160104
BRK/A	BERKSHIRE HATHAWAY INC CL A	1	$299	0.1%	$199512.94	+54.5%	COM	084670108
SPY	SPDR TR UNIT SER 1	991	$261	0.1%	$263.37	—	TR UNIT	78462F103
—	SOCIAL CAPITAL HEDOSOPHIA	18,000	$190	0.1%	$10.56	—	COM	G8250R111