Night Owl Capital Management, LLC Long-Term Concentrated

Location: Greenwich, CT

CIK: 0001410833 · Show all filings

Period: Q1 2019 (← Previous) (Next →)

Filing Date: May 14, 2019

Total Value: $279M (100.0% shares, 0.0% debt)

Holdings (30)

MA MASTERCARD 12.3%

Value $34.46M Shares 146,369 Share Price $235.45 * Est. Cost/Share $70.71 Unrealized @ Report Date +193.0%

Value $31.68M Shares 202,848 Share Price $156.19 * Est. Cost/Share $55.91 Unrealized @ Report Date +145.7%

AMZN AMAZON.COM 9.6%

Value $26.7M Shares 14,994 Share Price $1780.78 * Est. Cost/Share $30.18 Unrealized @ Report Date +175.8%

GOOG ALPHABET INC. CL C 7.6%

Value $21.17M Shares 18,041 Share Price $1173.33 * Est. Cost/Share $30.50 Unrealized @ Report Date +82.6%

MSFT MICROSOFT CORP 7.3%

Value $20.52M Shares 173,970 Share Price $117.94 * Est. Cost/Share $36.27 Unrealized @ Report Date +182.0%

Value $13.76M Shares 80,588 Share Price $170.70 Est. Cost/Share $68.18 Unrealized @ Report Date —

SHOP SHOPIFY 4.8%

Value $13.53M Shares 65,467 Share Price $206.62 * Est. Cost/Share $8.77 Unrealized @ Report Date +101.3%

META FACEBOOK 4.4%

Value $12.33M Shares 73,996 Share Price $166.68 * Est. Cost/Share $115.47 Unrealized @ Report Date +36.8%

— FIRST DATA CORP 4.4%

Value $12.21M Shares 464,969 Share Price $26.27 Est. Cost/Share $16.19 Unrealized @ Report Date —

NOW SERVICENOW, INC. 4.1%

Value $11.35M Shares 46,050 Share Price $246.49 * Est. Cost/Share $25.22 Unrealized @ Report Date +74.3%

PYPL PAYPAL HOLDINGS 3.5%

Value $9.779M Shares 94,177 Share Price $103.84 * Est. Cost/Share $79.24 Unrealized @ Report Date +19.2%

ADBE ADOBE SYSTEMS INC. 3.3%

Value $9.188M Shares 34,476 Share Price $266.50 * Est. Cost/Share $149.64 Unrealized @ Report Date +68.5%

OKTA OKTA INC 3.0%

Value $8.386M Shares 101,371 Share Price $82.73 * Est. Cost/Share $51.88 Unrealized @ Report Date +52.6%

WDAY WORKDAY 2.6%

Value $7.322M Shares 37,968 Share Price $192.85 * Est. Cost/Share $129.10 Unrealized @ Report Date +40.9%

RNG RINGCENTRAL INC. 2.5%

Value $6.884M Shares 63,855 Share Price $107.81 * Est. Cost/Share $87.74 Unrealized @ Report Date +12.0%

— EVERBRIDGE INC 2.4%

Value $6.841M Shares 91,207 Share Price $75.01 Est. Cost/Share $57.12 Unrealized @ Report Date —

— TENCENT 2.4%

Value $6.574M Shares 142,945 Share Price $45.99 Est. Cost/Share $50.10 Unrealized @ Report Date —

W WAYFAIR INC. 1.7%

Value $4.831M Shares 32,545 Share Price $148.44 * Est. Cost/Share $39.52 Unrealized @ Report Date +230.1%

— ATLASSIAN CORPORATION PLC 1.5%

Value $4.12M Shares 36,657 Share Price $112.39 Est. Cost/Share $88.99 Unrealized @ Report Date —

— ALTERYX INC 1.4%

Value $3.965M Shares 47,277 Share Price $83.87 Est. Cost/Share $83.87 Unrealized @ Report Date —

CSGP COSTAR GROUP 1.4%

Value $3.927M Shares 8,419 Share Price $466.44 * Est. Cost/Share $19.64 Unrealized @ Report Date +110.4%

— SMARTSHEET 1.2%

Value $3.368M Shares 82,577 Share Price $40.79 Est. Cost/Share $40.79 Unrealized @ Report Date —

DLMAF DOLLARAMA 1.2%

Value $3.255M Shares 121,965 Share Price $26.69 * Est. Cost/Share $33.57 Unrealized @ Report Date -22.7%

BRK/A BERKSHIRE HATHAWAY INC CL A 0.3%

Value $904K Shares 3 Share Price $301333.33 Est. Cost/Share $275226.66 Unrealized @ Report Date +10.0%

SPY SPDR TR UNIT SER 1 0.2%

Value $517K Shares 1,831 Share Price $282.36 Est. Cost/Share $267.98 Unrealized @ Report Date —

BRK/B BERKSHIRE HATHAWAY INC CL B 0.2%

Value $502K Shares 2,500 Share Price $200.80 Est. Cost/Share $207.39 Unrealized @ Report Date -2.7%

BABA ALIBABA 0.1%

Value $406K Shares 2,226 Share Price $182.39 Est. Cost/Share $172.51 Unrealized @ Report Date —

JNJ JOHNSON & JOHNSON 0.1%

Value $375K Shares 2,682 Share Price $139.82 * Est. Cost/Share $63.16 Unrealized @ Report Date +74.7%

AAPL APPLE INC. 0.1%

Value $353K Shares 1,859 Share Price $189.89 * Est. Cost/Share $47.75 Unrealized @ Report Date -15.3%

— SOCIAL CAPITAL HEDOSOPHIA 0.1%

Value $186K Shares 18,000 Share Price $10.33 Est. Cost/Share $10.56 Unrealized @ Report Date —

Ticker	Issuer	Shares	Value	%	Share Price	Est. Cost/Share	Unrealized @ Report Date	Class	CUSIP
MA	MASTERCARD	146,369	$34.46M	12.3%	$235.45 *	$70.71	+193.0%	COM	57636Q104
V	VISA	202,848	$31.68M	11.3%	$156.19 *	$55.91	+145.7%	COM	92826C839
AMZN	AMAZON.COM	14,994	$26.7M	9.6%	$1780.78 *	$30.18	+175.8%	COM	023135106
GOOG	ALPHABET INC. CL C	18,041	$21.17M	7.6%	$1173.33 *	$30.50	+82.6%	COM	02079K107
MSFT	MICROSOFT CORP	173,970	$20.52M	7.3%	$117.94 *	$36.27	+182.0%	COM	594918104
—	AON	80,588	$13.76M	4.9%	$170.70	$68.18	—	COM	G0408V102
SHOP	SHOPIFY	65,467	$13.53M	4.8%	$206.62 *	$8.77	+101.3%	COM	82509L107
META	FACEBOOK	73,996	$12.33M	4.4%	$166.68 *	$115.47	+36.8%	COM	30303M102
—	FIRST DATA CORP	464,969	$12.21M	4.4%	$26.27	$16.19	—	COM	32008D106
NOW	SERVICENOW, INC.	46,050	$11.35M	4.1%	$246.49 *	$25.22	+74.3%	COM	81762P102
PYPL	PAYPAL HOLDINGS	94,177	$9.779M	3.5%	$103.84 *	$79.24	+19.2%	COM	70450Y103
ADBE	ADOBE SYSTEMS INC.	34,476	$9.188M	3.3%	$266.50 *	$149.64	+68.5%	COM	00724F101
OKTA	OKTA INC	101,371	$8.386M	3.0%	$82.73 *	$51.88	+52.6%	COM	679295105
WDAY	WORKDAY	37,968	$7.322M	2.6%	$192.85 *	$129.10	+40.9%	COM	98138H101
RNG	RINGCENTRAL INC.	63,855	$6.884M	2.5%	$107.81 *	$87.74	+12.0%	COM	76680R206
—	EVERBRIDGE INC	91,207	$6.841M	2.4%	$75.01	$57.12	—	COM	29978A104
—	TENCENT	142,945	$6.574M	2.4%	$45.99	$50.10	—	COM	88032q109
W	WAYFAIR INC.	32,545	$4.831M	1.7%	$148.44 *	$39.52	+230.1%	COM	94419L101
—	ATLASSIAN CORPORATION PLC	36,657	$4.12M	1.5%	$112.39	$88.99	—	COM	G06242104
—	ALTERYX INC	47,277	$3.965M	1.4%	$83.87	$83.87	—	COM	02156B103
CSGP	COSTAR GROUP	8,419	$3.927M	1.4%	$466.44 *	$19.64	+110.4%	COM	22160N109
—	SMARTSHEET	82,577	$3.368M	1.2%	$40.79	$40.79	—	COM	83200N103
DLMAF	DOLLARAMA	121,965	$3.255M	1.2%	$26.69 *	$33.57	-22.7%	COM	25675T107
BRK/A	BERKSHIRE HATHAWAY INC CL A	3	$904K	0.3%	$301333.33	$275226.66	+10.0%	COM	084670108
SPY	SPDR TR UNIT SER 1	1,831	$517K	0.2%	$282.36	$267.98	—	TR UNIT	78462F103
BRK/B	BERKSHIRE HATHAWAY INC CL B	2,500	$502K	0.2%	$200.80	$207.39	-2.7%	COM	084670702
BABA	ALIBABA	2,226	$406K	0.1%	$182.39	$172.51	—	SPONSORED ADS	01609W102
JNJ	JOHNSON & JOHNSON	2,682	$375K	0.1%	$139.82 *	$63.16	+74.7%	COM	478160104
AAPL	APPLE INC.	1,859	$353K	0.1%	$189.89 *	$47.75	-15.3%	COM	037833100
—	SOCIAL CAPITAL HEDOSOPHIA	18,000	$186K	0.1%	$10.33	$10.56	—	COM	G8250R111