Night Owl Capital Management, LLC Long-Term Concentrated

CIK: 0001410833 · Show all filings

Period: Q1 2020 (← Previous) (Next →)

Filing Date: May 15, 2020

Total Value ($000): $299,326 (100.0% shares, 0.0% debt)

Holdings (27)

AMZN AMAZON.COM 9.2%

Value ($000) $27,598 Shares 14,155 Est. Cost $31.20 Unrealized +210.2%

MSFT MICROSOFT CORP 9.1%

Value ($000) $27,228 Shares 172,644 Est. Cost $38.04 Unrealized +311.0%

SHOP SHOPIFY 8.7%

Value ($000) $26,054 Shares 62,490 Est. Cost $8.77 Unrealized +414.1%

MA MASTERCARD 7.5%

Value ($000) $22,362 Shares 92,575 Est. Cost $70.71 Unrealized +307.1%

Value ($000) $21,758 Shares 135,041 Est. Cost $57.35 Unrealized +215.1%

— AON PLC 6.2%

Value ($000) $18,614 Shares 112,787 Est. Cost $165.04 Unrealized —

FISV FISERV 6.1%

Value ($000) $18,337 Shares 193,046 Est. Cost $104.63 Unrealized +6.2%

NOW SERVICENOW, INC. 5.0%

Value ($000) $15,048 Shares 52,509 Est. Cost $28.54 Unrealized +119.1%

RNG RINGCENTRAL INC. 4.7%

Value ($000) $14,170 Shares 66,869 Est. Cost $89.81 Unrealized +129.3%

OKTA OKTA INC 4.2%

Value ($000) $12,492 Shares 102,175 Est. Cost $55.17 Unrealized +127.4%

— ATLASSIAN CORPORATION PLC 3.9%

Value ($000) $11,546 Shares 84,117 Est. Cost $112.51 Unrealized —

ADBE ADOBE SYSTEMS INC. 3.7%

Value ($000) $11,050 Shares 34,721 Est. Cost $156.14 Unrealized +119.1%

GOOG ALPHABET INC. CL C 3.6%

Value ($000) $10,869 Shares 9,347 Est. Cost $30.50 Unrealized +120.8%

— FIDELITY NATL INFORMATION SVCS 3.5%

Value ($000) $10,548 Shares 86,712 Est. Cost $121.64 Unrealized —

— SMARTSHEET 3.5%

Value ($000) $10,359 Shares 249,544 Est. Cost $45.68 Unrealized —

— ALTERYX INC 3.0%

Value ($000) $9,016 Shares 94,731 Est. Cost $96.92 Unrealized —

META FACEBOOK 2.3%

Value ($000) $6,876 Shares 41,223 Est. Cost $115.47 Unrealized +68.4%

WDAY WORKDAY 2.2%

Value ($000) $6,665 Shares 51,179 Est. Cost $151.66 Unrealized +11.1%

PYPL PAYPAL HOLDINGS 1.7%

Value ($000) $5,047 Shares 52,714 Est. Cost $79.24 Unrealized +39.0%

CSGP COSTAR GROUP 1.6%

Value ($000) $4,830 Shares 8,226 Est. Cost $20.11 Unrealized +224.1%

IDXX IDEXX LABORATORIES 1.2%

Value ($000) $3,734 Shares 15,416 Est. Cost $260.97 Unrealized 0.0%

TDG TRANSDIGM 1.0%

Value ($000) $3,020 Shares 9,432 Est. Cost $452.74 Unrealized 0.0%

BRK/B BERKSHIRE HATHAWAY INC CL B 0.3%

Value ($000) $876 Shares 4,790 Est. Cost $207.14 Unrealized +2.6%

AAPL APPLE INC. 0.1%

Value ($000) $407 Shares 1,601 Est. Cost $49.13 Unrealized +44.7%

JNJ JOHNSON & JOHNSON 0.1%

Value ($000) $319 Shares 2,435 Est. Cost $67.77 Unrealized +77.3%

BRK/A BERKSHIRE HATHAWAY INC CL A 0.1%

Value ($000) $272 Shares 1 Est. Cost $275226.66 Unrealized +15.8%

SPY SPDR TR UNIT SER 1 0.1%

Value ($000) $231 Shares 898 Est. Cost $285.90 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
AMZN	AMAZON.COM	14,155	$27,598	9.2%	$31.20	+210.2%	COM	023135106
MSFT	MICROSOFT CORP	172,644	$27,228	9.1%	$38.04	+311.0%	COM	594918104
SHOP	SHOPIFY	62,490	$26,054	8.7%	$8.77	+414.1%	COM	82509L107
MA	MASTERCARD	92,575	$22,362	7.5%	$70.71	+307.1%	COM	57636Q104
V	VISA	135,041	$21,758	7.3%	$57.35	+215.1%	COM	92826C839
—	AON PLC	112,787	$18,614	6.2%	$165.04	—	COM	G0403h108
FISV	FISERV	193,046	$18,337	6.1%	$104.63	+6.2%	COM	337738108
NOW	SERVICENOW, INC.	52,509	$15,048	5.0%	$28.54	+119.1%	COM	81762P102
RNG	RINGCENTRAL INC.	66,869	$14,170	4.7%	$89.81	+129.3%	COM	76680R206
OKTA	OKTA INC	102,175	$12,492	4.2%	$55.17	+127.4%	COM	679295105
—	ATLASSIAN CORPORATION PLC	84,117	$11,546	3.9%	$112.51	—	COM	G06242104
ADBE	ADOBE SYSTEMS INC.	34,721	$11,050	3.7%	$156.14	+119.1%	COM	00724F101
GOOG	ALPHABET INC. CL C	9,347	$10,869	3.6%	$30.50	+120.8%	COM	02079K107
—	FIDELITY NATL INFORMATION SVCS	86,712	$10,548	3.5%	$121.64	—	COM	31620m106
—	SMARTSHEET	249,544	$10,359	3.5%	$45.68	—	COM	83200N103
—	ALTERYX INC	94,731	$9,016	3.0%	$96.92	—	COM	02156B103
META	FACEBOOK	41,223	$6,876	2.3%	$115.47	+68.4%	COM	30303M102
WDAY	WORKDAY	51,179	$6,665	2.2%	$151.66	+11.1%	COM	98138H101
PYPL	PAYPAL HOLDINGS	52,714	$5,047	1.7%	$79.24	+39.0%	COM	70450Y103
CSGP	COSTAR GROUP	8,226	$4,830	1.6%	$20.11	+224.1%	COM	22160N109
IDXX	IDEXX LABORATORIES	15,416	$3,734	1.2%	$260.97	0.0%	COM	45168D104
TDG	TRANSDIGM	9,432	$3,020	1.0%	$452.74	0.0%	COM	893641100
BRK/B	BERKSHIRE HATHAWAY INC CL B	4,790	$876	0.3%	$207.14	+2.6%	COM	084670702
AAPL	APPLE INC.	1,601	$407	0.1%	$49.13	+44.7%	COM	037833100
JNJ	JOHNSON & JOHNSON	2,435	$319	0.1%	$67.77	+77.3%	COM	478160104
BRK/A	BERKSHIRE HATHAWAY INC CL A	1	$272	0.1%	$275226.66	+15.8%	COM	084670108
SPY	SPDR TR UNIT SER 1	898	$231	0.1%	$285.90	—	TR UNIT	78462F103