Night Owl Capital Management, LLC Long-Term Concentrated

Location: Greenwich, CT

CIK: 0001410833 · Show all filings

Period: Q2 2019 (← Previous) (Next →)

Filing Date: Aug 14, 2019

Total Value: $327M (100.0% shares, 0.0% debt)

Holdings (29)

MA MASTERCARD 11.8%

Value $38.51M Shares 145,585 Share Price $264.53 * Est. Cost/Share $70.71 Unrealized @ Report Date +241.3%

Value $35M Shares 201,690 Share Price $173.55 * Est. Cost/Share $55.91 Unrealized @ Report Date +179.6%

AMZN AMAZON.COM 8.7%

Value $28.38M Shares 14,985 Share Price $1893.63 * Est. Cost/Share $30.18 Unrealized @ Report Date +208.7%

MSFT MICROSOFT CORP 7.2%

Value $23.38M Shares 174,547 Share Price $133.96 * Est. Cost/Share $36.27 Unrealized @ Report Date +229.5%

SHOP SHOPIFY 6.0%

Value $19.49M Shares 64,943 Share Price $300.16 * Est. Cost/Share $8.77 Unrealized @ Report Date +196.9%

GOOG ALPHABET INC. CL C 5.9%

Value $19.33M Shares 17,882 Share Price $1080.92 * Est. Cost/Share $30.50 Unrealized @ Report Date +87.7%

Value $15.44M Shares 80,020 Share Price $192.98 Est. Cost/Share $68.18 Unrealized @ Report Date —

META FACEBOOK 4.3%

Value $14.15M Shares 73,325 Share Price $193.00 * Est. Cost/Share $115.47 Unrealized @ Report Date +57.1%

NOW SERVICENOW, INC. 4.3%

Value $14.15M Shares 51,542 Share Price $274.57 * Est. Cost/Share $28.13 Unrealized @ Report Date +86.8%

OKTA OKTA INC 3.8%

Value $12.47M Shares 100,961 Share Price $123.51 * Est. Cost/Share $51.88 Unrealized @ Report Date +109.2%

— FIRST DATA CORP 3.8%

Value $12.35M Shares 456,365 Share Price $27.07 Est. Cost/Share $16.19 Unrealized @ Report Date —

— SMARTSHEET 3.7%

Value $12.18M Shares 251,683 Share Price $48.40 Est. Cost/Share $45.90 Unrealized @ Report Date —

WDAY WORKDAY 3.3%

Value $10.63M Shares 51,724 Share Price $205.57 Est. Cost/Share $148.47 Unrealized @ Report Date +36.0%

— ATLASSIAN CORPORATION PLC 3.2%

Value $10.52M Shares 80,393 Share Price $130.84 Est. Cost/Share $111.76 Unrealized @ Report Date —

— ALTERYX INC 3.2%

Value $10.49M Shares 96,165 Share Price $109.12 Est. Cost/Share $96.71 Unrealized @ Report Date —

ADBE ADOBE SYSTEMS INC. 3.1%

Value $10.1M Shares 34,278 Share Price $294.65 * Est. Cost/Share $149.64 Unrealized @ Report Date +85.6%

— EVERBRIDGE INC 2.5%

Value $8.128M Shares 90,900 Share Price $89.42 Est. Cost/Share $57.12 Unrealized @ Report Date —

RNG RINGCENTRAL INC. 2.2%

Value $7.322M Shares 63,716 Share Price $114.92 Est. Cost/Share $87.74 Unrealized @ Report Date +31.4%

PYPL PAYPAL HOLDINGS 2.0%

Value $6.613M Shares 57,779 Share Price $114.45 * Est. Cost/Share $79.24 Unrealized @ Report Date +39.5%

— TENCENT 1.9%

Value $6.304M Shares 139,673 Share Price $45.13 Est. Cost/Share $50.10 Unrealized @ Report Date —

CSGP COSTAR GROUP 1.4%

Value $4.59M Shares 8,284 Share Price $554.08 * Est. Cost/Share $19.64 Unrealized @ Report Date +160.2%

DLMAF DOLLARAMA 1.3%

Value $4.113M Shares 116,667 Share Price $35.25 * Est. Cost/Share $33.57 Unrealized @ Report Date -9.5%

BRK/B BERKSHIRE HATHAWAY INC CL B 0.4%

Value $1.151M Shares 5,400 Share Price $213.15 * Est. Cost/Share $207.14 Unrealized @ Report Date -0.1%

SPY SPDR TR UNIT SER 1 0.2%

Value $505K Shares 1,723 Share Price $293.09 Est. Cost/Share $267.98 Unrealized @ Report Date —

BABA ALIBABA 0.1%

Value $377K Shares 2,226 Share Price $169.36 Est. Cost/Share $172.51 Unrealized @ Report Date —

JNJ JOHNSON & JOHNSON 0.1%

Value $374K Shares 2,682 Share Price $139.45 * Est. Cost/Share $63.16 Unrealized @ Report Date +81.7%

BRK/A BERKSHIRE HATHAWAY INC CL A 0.1%

Value $318K Shares 1 Share Price $318000.00 * Est. Cost/Share $275226.66 Unrealized @ Report Date +13.0%

AAPL APPLE INC. 0.1%

Value $239K Shares 1,206 Share Price $198.18 * Est. Cost/Share $47.75 Unrealized @ Report Date -2.4%

— SOCIAL CAPITAL HEDOSOPHIA 0.1%

Value $192K Shares 18,000 Share Price $10.67 Est. Cost/Share $10.56 Unrealized @ Report Date —

Ticker	Issuer	Shares	Value	%	Share Price	Est. Cost/Share	Unrealized @ Report Date	Class	CUSIP
MA	MASTERCARD	145,585	$38.51M	11.8%	$264.53 *	$70.71	+241.3%	COM	57636Q104
V	VISA	201,690	$35M	10.7%	$173.55 *	$55.91	+179.6%	COM	92826C839
AMZN	AMAZON.COM	14,985	$28.38M	8.7%	$1893.63 *	$30.18	+208.7%	COM	023135106
MSFT	MICROSOFT CORP	174,547	$23.38M	7.2%	$133.96 *	$36.27	+229.5%	COM	594918104
SHOP	SHOPIFY	64,943	$19.49M	6.0%	$300.16 *	$8.77	+196.9%	COM	82509L107
GOOG	ALPHABET INC. CL C	17,882	$19.33M	5.9%	$1080.92 *	$30.50	+87.7%	COM	02079K107
—	AON	80,020	$15.44M	4.7%	$192.98	$68.18	—	COM	G0408V102
META	FACEBOOK	73,325	$14.15M	4.3%	$193.00 *	$115.47	+57.1%	COM	30303M102
NOW	SERVICENOW, INC.	51,542	$14.15M	4.3%	$274.57 *	$28.13	+86.8%	COM	81762P102
OKTA	OKTA INC	100,961	$12.47M	3.8%	$123.51 *	$51.88	+109.2%	COM	679295105
—	FIRST DATA CORP	456,365	$12.35M	3.8%	$27.07	$16.19	—	COM	32008D106
—	SMARTSHEET	251,683	$12.18M	3.7%	$48.40	$45.90	—	COM	83200N103
WDAY	WORKDAY	51,724	$10.63M	3.3%	$205.57	$148.47	+36.0%	COM	98138H101
—	ATLASSIAN CORPORATION PLC	80,393	$10.52M	3.2%	$130.84	$111.76	—	COM	G06242104
—	ALTERYX INC	96,165	$10.49M	3.2%	$109.12	$96.71	—	COM	02156B103
ADBE	ADOBE SYSTEMS INC.	34,278	$10.1M	3.1%	$294.65 *	$149.64	+85.6%	COM	00724F101
—	EVERBRIDGE INC	90,900	$8.128M	2.5%	$89.42	$57.12	—	COM	29978A104
RNG	RINGCENTRAL INC.	63,716	$7.322M	2.2%	$114.92	$87.74	+31.4%	COM	76680R206
PYPL	PAYPAL HOLDINGS	57,779	$6.613M	2.0%	$114.45 *	$79.24	+39.5%	COM	70450Y103
—	TENCENT	139,673	$6.304M	1.9%	$45.13	$50.10	—	COM	88032q109
CSGP	COSTAR GROUP	8,284	$4.59M	1.4%	$554.08 *	$19.64	+160.2%	COM	22160N109
DLMAF	DOLLARAMA	116,667	$4.113M	1.3%	$35.25 *	$33.57	-9.5%	COM	25675T107
BRK/B	BERKSHIRE HATHAWAY INC CL B	5,400	$1.151M	0.4%	$213.15 *	$207.14	-0.1%	COM	084670702
SPY	SPDR TR UNIT SER 1	1,723	$505K	0.2%	$293.09	$267.98	—	TR UNIT	78462F103
BABA	ALIBABA	2,226	$377K	0.1%	$169.36	$172.51	—	SPONSORED ADS	01609W102
JNJ	JOHNSON & JOHNSON	2,682	$374K	0.1%	$139.45 *	$63.16	+81.7%	COM	478160104
BRK/A	BERKSHIRE HATHAWAY INC CL A	1	$318K	0.1%	$318000.00 *	$275226.66	+13.0%	COM	084670108
AAPL	APPLE INC.	1,206	$239K	0.1%	$198.18 *	$47.75	-2.4%	COM	037833100
—	SOCIAL CAPITAL HEDOSOPHIA	18,000	$192K	0.1%	$10.67	$10.56	—	COM	G8250R111