Night Owl Capital Management, LLC Long-Term Concentrated

CIK: 0001410833 · Show all filings

Period: Q3 2018 (← Previous) (Next →)

Filing Date: Nov 15, 2018

Total Value ($000): $282,053 (100.0% shares, 0.0% debt)

Holdings (29)

MA MASTERCARD 12.3%

Value ($000) $34,591 Shares 155,386 Est. Cost $70.71 Unrealized +183.3%

Value ($000) $32,378 Shares 215,726 Est. Cost $55.91 Unrealized +141.6%

AMZN AMAZON.COM 10.7%

Value ($000) $30,053 Shares 15,004 Est. Cost $30.18 Unrealized +211.6%

GOOG ALPHABET INC. CL C 7.6%

Value ($000) $21,531 Shares 18,041 Est. Cost $30.50 Unrealized +94.9%

MSFT MICROSOFT CORP 7.0%

Value ($000) $19,839 Shares 173,460 Est. Cost $36.27 Unrealized +177.9%

Value ($000) $12,926 Shares 84,057 Est. Cost $68.18 Unrealized —

SHOP SHOPIFY 4.5%

Value ($000) $12,756 Shares 77,561 Est. Cost $8.77 Unrealized +73.7%

META FACEBOOK 4.4%

Value ($000) $12,478 Shares 75,874 Est. Cost $115.47 Unrealized +55.7%

— FIRST DATA CORP 4.1%

Value ($000) $11,651 Shares 476,130 Est. Cost $16.19 Unrealized —

CSGP COSTAR GROUP 3.4%

Value ($000) $9,667 Shares 22,970 Est. Cost $19.64 Unrealized +117.6%

ADBE ADOBE SYSTEMS INC. 3.3%

Value ($000) $9,316 Shares 34,511 Est. Cost $149.64 Unrealized +72.3%

NOW SERVICENOW, INC. 3.2%

Value ($000) $8,936 Shares 45,676 Est. Cost $25.22 Unrealized +50.0%

PYPL PAYPAL HOLDINGS 3.1%

Value ($000) $8,762 Shares 99,755 Est. Cost $79.24 Unrealized +10.9%

TYL TYLER TECHNOLOGIES 2.9%

Value ($000) $8,134 Shares 33,192 Est. Cost $139.28 Unrealized +70.8%

BLKB BLACKBAUD INC 2.9%

Value ($000) $8,112 Shares 79,939 Est. Cost $65.32 Unrealized +58.3%

BKNG BOOKING HOLDINGS 2.3%

Value ($000) $6,533 Shares 3,293 Est. Cost $1933.58 Unrealized +0.2%

— TENCENT 2.2%

Value ($000) $6,331 Shares 153,280 Est. Cost $50.10 Unrealized —

OKTA OKTA INC 2.2%

Value ($000) $6,180 Shares 87,835 Est. Cost $47.84 Unrealized +24.5%

WDAY WORKDAY 1.9%

Value ($000) $5,438 Shares 37,252 Est. Cost $128.28 Unrealized +8.3%

GWRE GUIDEWIRE SOFTWARE 1.8%

Value ($000) $5,192 Shares 51,396 Est. Cost $80.77 Unrealized +19.0%

W WAYFAIR INC. 1.7%

Value ($000) $4,802 Shares 32,517 Est. Cost $39.52 Unrealized +221.9%

DLMAF DOLLARAMA 1.5%

Value ($000) $4,282 Shares 136,014 Est. Cost $33.57 Unrealized +5.3%

SPY SPDR TR UNIT SER 1 0.2%

Value ($000) $427 Shares 1,468 Est. Cost $272.62 Unrealized —

JNJ JOHNSON & JOHNSON 0.1%

Value ($000) $405 Shares 2,930 Est. Cost $63.16 Unrealized +71.1%

BABA ALIBABA 0.1%

Value ($000) $367 Shares 2,226 Est. Cost $172.51 Unrealized —

BRK/A BERKSHIRE HATHAWAY INC CL A 0.1%

Value ($000) $320 Shares 1 Est. Cost $199512.94 Unrealized +55.2%

AAPL APPLE INC. 0.1%

Value ($000) $248 Shares 1,100 Est. Cost $49.27 Unrealized 0.0%

BRK/B BERKSHIRE HATHAWAY INC CL B 0.1%

Value ($000) $214 Shares 1,000 Est. Cost $205.18 Unrealized 0.0%

— SOCIAL CAPITAL HEDOSOPHIA 0.1%

Value ($000) $184 Shares 18,000 Est. Cost $10.56 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
MA	MASTERCARD	155,386	$34,591	12.3%	$70.71	+183.3%	COM	57636Q104
V	VISA	215,726	$32,378	11.5%	$55.91	+141.6%	COM	92826C839
AMZN	AMAZON.COM	15,004	$30,053	10.7%	$30.18	+211.6%	COM	023135106
GOOG	ALPHABET INC. CL C	18,041	$21,531	7.6%	$30.50	+94.9%	COM	02079K107
MSFT	MICROSOFT CORP	173,460	$19,839	7.0%	$36.27	+177.9%	COM	594918104
—	AON	84,057	$12,926	4.6%	$68.18	—	COM	G0408V102
SHOP	SHOPIFY	77,561	$12,756	4.5%	$8.77	+73.7%	COM	82509L107
META	FACEBOOK	75,874	$12,478	4.4%	$115.47	+55.7%	COM	30303M102
—	FIRST DATA CORP	476,130	$11,651	4.1%	$16.19	—	COM	32008D106
CSGP	COSTAR GROUP	22,970	$9,667	3.4%	$19.64	+117.6%	COM	22160N109
ADBE	ADOBE SYSTEMS INC.	34,511	$9,316	3.3%	$149.64	+72.3%	COM	00724F101
NOW	SERVICENOW, INC.	45,676	$8,936	3.2%	$25.22	+50.0%	COM	81762P102
PYPL	PAYPAL HOLDINGS	99,755	$8,762	3.1%	$79.24	+10.9%	COM	70450Y103
TYL	TYLER TECHNOLOGIES	33,192	$8,134	2.9%	$139.28	+70.8%	COM	902252105
BLKB	BLACKBAUD INC	79,939	$8,112	2.9%	$65.32	+58.3%	COM	09227Q100
BKNG	BOOKING HOLDINGS	3,293	$6,533	2.3%	$1933.58	+0.2%	COM	09857L108
—	TENCENT	153,280	$6,331	2.2%	$50.10	—	COM	88032q109
OKTA	OKTA INC	87,835	$6,180	2.2%	$47.84	+24.5%	COM	679295105
WDAY	WORKDAY	37,252	$5,438	1.9%	$128.28	+8.3%	COM	98138H101
GWRE	GUIDEWIRE SOFTWARE	51,396	$5,192	1.8%	$80.77	+19.0%	COM	40171V100
W	WAYFAIR INC.	32,517	$4,802	1.7%	$39.52	+221.9%	COM	94419L101
DLMAF	DOLLARAMA	136,014	$4,282	1.5%	$33.57	+5.3%	COM	25675T107
SPY	SPDR TR UNIT SER 1	1,468	$427	0.2%	$272.62	—	TR UNIT	78462F103
JNJ	JOHNSON & JOHNSON	2,930	$405	0.1%	$63.16	+71.1%	COM	478160104
BABA	ALIBABA	2,226	$367	0.1%	$172.51	—	SPONSORED ADS	01609W102
BRK/A	BERKSHIRE HATHAWAY INC CL A	1	$320	0.1%	$199512.94	+55.2%	COM	084670108
AAPL	APPLE INC.	1,100	$248	0.1%	$49.27	0.0%	COM	037833100
BRK/B	BERKSHIRE HATHAWAY INC CL B	1,000	$214	0.1%	$205.18	0.0%	COM	084670702
—	SOCIAL CAPITAL HEDOSOPHIA	18,000	$184	0.1%	$10.56	—	COM	G8250R111