Night Owl Capital Management, LLC Long-Term Concentrated

CIK: 0001410833 · Show all filings

Period: Q1 2019 (← Previous) (Next →)

Filing Date: May 14, 2019

Total Value ($000): $279,399 (100.0% shares, 0.0% debt)

Holdings (30)

MA MASTERCARD 12.3%

Value ($000) $34,463 Shares 146,369 Est. Cost $70.71 Unrealized +193.0%

Value ($000) $31,683 Shares 202,848 Est. Cost $55.91 Unrealized +145.7%

AMZN AMAZON.COM 9.6%

Value ($000) $26,701 Shares 14,994 Est. Cost $30.18 Unrealized +175.8%

GOOG ALPHABET INC. CL C 7.6%

Value ($000) $21,168 Shares 18,041 Est. Cost $30.50 Unrealized +82.6%

MSFT MICROSOFT CORP 7.3%

Value ($000) $20,518 Shares 173,970 Est. Cost $36.27 Unrealized +182.0%

Value ($000) $13,756 Shares 80,588 Est. Cost $68.18 Unrealized —

SHOP SHOPIFY 4.8%

Value ($000) $13,527 Shares 65,467 Est. Cost $8.77 Unrealized +101.3%

META FACEBOOK 4.4%

Value ($000) $12,334 Shares 73,996 Est. Cost $115.47 Unrealized +36.8%

— FIRST DATA CORP 4.4%

Value ($000) $12,215 Shares 464,969 Est. Cost $16.19 Unrealized —

NOW SERVICENOW, INC. 4.1%

Value ($000) $11,351 Shares 46,050 Est. Cost $25.22 Unrealized +74.3%

PYPL PAYPAL HOLDINGS 3.5%

Value ($000) $9,779 Shares 94,177 Est. Cost $79.24 Unrealized +19.2%

ADBE ADOBE SYSTEMS INC. 3.3%

Value ($000) $9,188 Shares 34,476 Est. Cost $149.64 Unrealized +68.5%

OKTA OKTA INC 3.0%

Value ($000) $8,386 Shares 101,371 Est. Cost $51.88 Unrealized +52.6%

WDAY WORKDAY 2.6%

Value ($000) $7,322 Shares 37,968 Est. Cost $129.10 Unrealized +40.9%

RNG RINGCENTRAL INC. 2.5%

Value ($000) $6,884 Shares 63,855 Est. Cost $87.74 Unrealized +12.0%

— EVERBRIDGE INC 2.4%

Value ($000) $6,841 Shares 91,207 Est. Cost $57.12 Unrealized —

— TENCENT 2.4%

Value ($000) $6,574 Shares 142,945 Est. Cost $50.10 Unrealized —

W WAYFAIR INC. 1.7%

Value ($000) $4,831 Shares 32,545 Est. Cost $39.52 Unrealized +230.1%

— ATLASSIAN CORPORATION PLC 1.5%

Value ($000) $4,120 Shares 36,657 Est. Cost $88.99 Unrealized —

— ALTERYX INC 1.4%

Value ($000) $3,965 Shares 47,277 Est. Cost $83.87 Unrealized —

CSGP COSTAR GROUP 1.4%

Value ($000) $3,927 Shares 8,419 Est. Cost $19.64 Unrealized +110.4%

— SMARTSHEET 1.2%

Value ($000) $3,368 Shares 82,577 Est. Cost $40.79 Unrealized —

DLMAF DOLLARAMA 1.2%

Value ($000) $3,255 Shares 121,965 Est. Cost $33.57 Unrealized -22.7%

BRK/A BERKSHIRE HATHAWAY INC CL A 0.3%

Value ($000) $904 Shares 3 Est. Cost $275226.66 Unrealized +10.0%

SPY SPDR TR UNIT SER 1 0.2%

Value ($000) $517 Shares 1,831 Est. Cost $267.98 Unrealized —

BRK/B BERKSHIRE HATHAWAY INC CL B 0.2%

Value ($000) $502 Shares 2,500 Est. Cost $207.39 Unrealized -2.7%

BABA ALIBABA 0.1%

Value ($000) $406 Shares 2,226 Est. Cost $172.51 Unrealized —

JNJ JOHNSON & JOHNSON 0.1%

Value ($000) $375 Shares 2,682 Est. Cost $63.16 Unrealized +74.7%

AAPL APPLE INC. 0.1%

Value ($000) $353 Shares 1,859 Est. Cost $47.75 Unrealized -15.3%

— SOCIAL CAPITAL HEDOSOPHIA 0.1%

Value ($000) $186 Shares 18,000 Est. Cost $10.56 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
MA	MASTERCARD	146,369	$34,463	12.3%	$70.71	+193.0%	COM	57636Q104
V	VISA	202,848	$31,683	11.3%	$55.91	+145.7%	COM	92826C839
AMZN	AMAZON.COM	14,994	$26,701	9.6%	$30.18	+175.8%	COM	023135106
GOOG	ALPHABET INC. CL C	18,041	$21,168	7.6%	$30.50	+82.6%	COM	02079K107
MSFT	MICROSOFT CORP	173,970	$20,518	7.3%	$36.27	+182.0%	COM	594918104
—	AON	80,588	$13,756	4.9%	$68.18	—	COM	G0408V102
SHOP	SHOPIFY	65,467	$13,527	4.8%	$8.77	+101.3%	COM	82509L107
META	FACEBOOK	73,996	$12,334	4.4%	$115.47	+36.8%	COM	30303M102
—	FIRST DATA CORP	464,969	$12,215	4.4%	$16.19	—	COM	32008D106
NOW	SERVICENOW, INC.	46,050	$11,351	4.1%	$25.22	+74.3%	COM	81762P102
PYPL	PAYPAL HOLDINGS	94,177	$9,779	3.5%	$79.24	+19.2%	COM	70450Y103
ADBE	ADOBE SYSTEMS INC.	34,476	$9,188	3.3%	$149.64	+68.5%	COM	00724F101
OKTA	OKTA INC	101,371	$8,386	3.0%	$51.88	+52.6%	COM	679295105
WDAY	WORKDAY	37,968	$7,322	2.6%	$129.10	+40.9%	COM	98138H101
RNG	RINGCENTRAL INC.	63,855	$6,884	2.5%	$87.74	+12.0%	COM	76680R206
—	EVERBRIDGE INC	91,207	$6,841	2.4%	$57.12	—	COM	29978A104
—	TENCENT	142,945	$6,574	2.4%	$50.10	—	COM	88032q109
W	WAYFAIR INC.	32,545	$4,831	1.7%	$39.52	+230.1%	COM	94419L101
—	ATLASSIAN CORPORATION PLC	36,657	$4,120	1.5%	$88.99	—	COM	G06242104
—	ALTERYX INC	47,277	$3,965	1.4%	$83.87	—	COM	02156B103
CSGP	COSTAR GROUP	8,419	$3,927	1.4%	$19.64	+110.4%	COM	22160N109
—	SMARTSHEET	82,577	$3,368	1.2%	$40.79	—	COM	83200N103
DLMAF	DOLLARAMA	121,965	$3,255	1.2%	$33.57	-22.7%	COM	25675T107
BRK/A	BERKSHIRE HATHAWAY INC CL A	3	$904	0.3%	$275226.66	+10.0%	COM	084670108
SPY	SPDR TR UNIT SER 1	1,831	$517	0.2%	$267.98	—	TR UNIT	78462F103
BRK/B	BERKSHIRE HATHAWAY INC CL B	2,500	$502	0.2%	$207.39	-2.7%	COM	084670702
BABA	ALIBABA	2,226	$406	0.1%	$172.51	—	SPONSORED ADS	01609W102
JNJ	JOHNSON & JOHNSON	2,682	$375	0.1%	$63.16	+74.7%	COM	478160104
AAPL	APPLE INC.	1,859	$353	0.1%	$47.75	-15.3%	COM	037833100
—	SOCIAL CAPITAL HEDOSOPHIA	18,000	$186	0.1%	$10.56	—	COM	G8250R111