Night Owl Capital Management, LLC Long-Term Concentrated

Location: Greenwich, CT

CIK: 0001410833 · Show all filings

Period: Q2 2020 (← Previous) (Next →)

Filing Date: Aug 14, 2020

Total Value: $420M (100.0% shares, 0.0% debt)

Holdings (28)

SHOP SHOPIFY 10.9%

Value $45.56M Shares 47,995 Share Price $949.20 * Est. Cost/Share $8.77 Unrealized @ Report Date +691.6%

AMZN AMAZON.COM 9.3%

Value $39.08M Shares 14,165 Share Price $2758.84 * Est. Cost/Share $31.20 Unrealized @ Report Date +287.1%

MSFT MICROSOFT CORP 8.4%

Value $35.38M Shares 173,845 Share Price $203.51 * Est. Cost/Share $38.04 Unrealized @ Report Date +355.0%

MA MASTERCARD 6.5%

Value $27.35M Shares 92,495 Share Price $295.70 * Est. Cost/Share $70.71 Unrealized @ Report Date +286.6%

Value $26.07M Shares 134,943 Share Price $193.17 * Est. Cost/Share $57.35 Unrealized @ Report Date +206.1%

— AON PLC 5.2%

Value $22.02M Shares 114,330 Share Price $192.60 Est. Cost/Share $165.41 Unrealized @ Report Date —

NOW SERVICENOW, INC. 5.2%

Value $21.7M Shares 53,572 Share Price $405.06 * Est. Cost/Share $29.37 Unrealized @ Report Date +140.4%

OKTA OKTA INC 4.9%

Value $20.62M Shares 102,971 Share Price $200.23 * Est. Cost/Share $55.17 Unrealized @ Report Date +207.7%

RNG RINGCENTRAL INC. 4.6%

Value $19.11M Shares 67,034 Share Price $285.00 * Est. Cost/Share $89.81 Unrealized @ Report Date +181.6%

FISV FISERV 4.5%

Value $18.99M Shares 194,484 Share Price $97.62 * Est. Cost/Share $104.63 Unrealized @ Report Date -3.8%

— ALTERYX INC 3.8%

Value $16.11M Shares 98,045 Share Price $164.28 Est. Cost/Share $99.20 Unrealized @ Report Date —

— ATLASSIAN CORPORATION PLC 3.7%

Value $15.41M Shares 85,482 Share Price $180.27 Est. Cost/Share $113.60 Unrealized @ Report Date —

ADBE ADOBE SYSTEMS INC. 3.7%

Value $15.35M Shares 35,272 Share Price $435.30 * Est. Cost/Share $159.49 Unrealized @ Report Date +132.3%

GOOG ALPHABET INC. CL C 3.2%

Value $13.25M Shares 9,371 Share Price $1413.72 * Est. Cost/Share $30.50 Unrealized @ Report Date +119.6%

— SMARTSHEET 3.1%

Value $12.93M Shares 253,968 Share Price $50.92 Est. Cost/Share $45.77 Unrealized @ Report Date —

— FIDELITY NATL INFORMATION SVCS 2.8%

Value $11.74M Shares 87,568 Share Price $134.09 Est. Cost/Share $121.64 Unrealized @ Report Date —

META FACEBOOK 2.3%

Value $9.753M Shares 42,953 Share Price $227.06 * Est. Cost/Share $119.17 Unrealized @ Report Date +74.0%

WDAY WORKDAY 2.3%

Value $9.582M Shares 51,142 Share Price $187.36 * Est. Cost/Share $151.66 Unrealized @ Report Date +6.6%

PYPL PAYPAL HOLDINGS 2.2%

Value $9.384M Shares 53,861 Share Price $174.23 * Est. Cost/Share $80.49 Unrealized @ Report Date +71.3%

DDOG DATADOG INC 1.6%

Value $6.714M Shares 77,220 Share Price $86.95 * Est. Cost/Share $60.88 Unrealized @ Report Date 0.0%

SPT SPROUT SOCIAL INC 1.5%

Value $6.295M Shares 233,136 Share Price $27.00 * Est. Cost/Share $21.93 Unrealized @ Report Date 0.0%

CSGP COSTAR GROUP 1.4%

Value $5.854M Shares 8,238 Share Price $710.61 * Est. Cost/Share $20.11 Unrealized @ Report Date +221.5%

IDXX IDEXX LABORATORIES 1.2%

Value $5.082M Shares 15,393 Share Price $330.15 * Est. Cost/Share $260.97 Unrealized @ Report Date +10.9%

TDG TRANSDIGM 1.0%

Value $4.156M Shares 9,401 Share Price $442.08 * Est. Cost/Share $452.74 Unrealized @ Report Date -30.5%

BRK/B BERKSHIRE HATHAWAY INC CL B 0.2%

Value $855K Shares 4,790 Share Price $178.50 * Est. Cost/Share $207.14 Unrealized @ Report Date -11.8%

AAPL APPLE INC. 0.1%

Value $584K Shares 1,601 Share Price $364.77 * Est. Cost/Share $49.13 Unrealized @ Report Date +52.8%

JNJ JOHNSON & JOHNSON 0.1%

Value $342K Shares 2,435 Share Price $140.45 * Est. Cost/Share $67.77 Unrealized @ Report Date +83.3%

BRK/A BERKSHIRE HATHAWAY INC CL A 0.1%

Value $267K Shares 1 Share Price $267000.00 * Est. Cost/Share $275226.66 Unrealized @ Report Date -0.4%

Ticker	Issuer	Shares	Value	%	Share Price	Est. Cost/Share	Unrealized @ Report Date	Class	CUSIP
SHOP	SHOPIFY	47,995	$45.56M	10.9%	$949.20 *	$8.77	+691.6%	COM	82509L107
AMZN	AMAZON.COM	14,165	$39.08M	9.3%	$2758.84 *	$31.20	+287.1%	COM	023135106
MSFT	MICROSOFT CORP	173,845	$35.38M	8.4%	$203.51 *	$38.04	+355.0%	COM	594918104
MA	MASTERCARD	92,495	$27.35M	6.5%	$295.70 *	$70.71	+286.6%	COM	57636Q104
V	VISA	134,943	$26.07M	6.2%	$193.17 *	$57.35	+206.1%	COM	92826C839
—	AON PLC	114,330	$22.02M	5.2%	$192.60	$165.41	—	COM	G0403h108
NOW	SERVICENOW, INC.	53,572	$21.7M	5.2%	$405.06 *	$29.37	+140.4%	COM	81762P102
OKTA	OKTA INC	102,971	$20.62M	4.9%	$200.23 *	$55.17	+207.7%	COM	679295105
RNG	RINGCENTRAL INC.	67,034	$19.11M	4.6%	$285.00 *	$89.81	+181.6%	COM	76680R206
FISV	FISERV	194,484	$18.99M	4.5%	$97.62 *	$104.63	-3.8%	COM	337738108
—	ALTERYX INC	98,045	$16.11M	3.8%	$164.28	$99.20	—	COM	02156B103
—	ATLASSIAN CORPORATION PLC	85,482	$15.41M	3.7%	$180.27	$113.60	—	COM	G06242104
ADBE	ADOBE SYSTEMS INC.	35,272	$15.35M	3.7%	$435.30 *	$159.49	+132.3%	COM	00724F101
GOOG	ALPHABET INC. CL C	9,371	$13.25M	3.2%	$1413.72 *	$30.50	+119.6%	COM	02079K107
—	SMARTSHEET	253,968	$12.93M	3.1%	$50.92	$45.77	—	COM	83200N103
—	FIDELITY NATL INFORMATION SVCS	87,568	$11.74M	2.8%	$134.09	$121.64	—	COM	31620m106
META	FACEBOOK	42,953	$9.753M	2.3%	$227.06 *	$119.17	+74.0%	COM	30303M102
WDAY	WORKDAY	51,142	$9.582M	2.3%	$187.36 *	$151.66	+6.6%	COM	98138H101
PYPL	PAYPAL HOLDINGS	53,861	$9.384M	2.2%	$174.23 *	$80.49	+71.3%	COM	70450Y103
DDOG	DATADOG INC	77,220	$6.714M	1.6%	$86.95 *	$60.88	0.0%	COM	23804L103
SPT	SPROUT SOCIAL INC	233,136	$6.295M	1.5%	$27.00 *	$21.93	0.0%	COM	85209W109
CSGP	COSTAR GROUP	8,238	$5.854M	1.4%	$710.61 *	$20.11	+221.5%	COM	22160N109
IDXX	IDEXX LABORATORIES	15,393	$5.082M	1.2%	$330.15 *	$260.97	+10.9%	COM	45168D104
TDG	TRANSDIGM	9,401	$4.156M	1.0%	$442.08 *	$452.74	-30.5%	COM	893641100
BRK/B	BERKSHIRE HATHAWAY INC CL B	4,790	$855K	0.2%	$178.50 *	$207.14	-11.8%	COM	084670702
AAPL	APPLE INC.	1,601	$584K	0.1%	$364.77 *	$49.13	+52.8%	COM	037833100
JNJ	JOHNSON & JOHNSON	2,435	$342K	0.1%	$140.45 *	$67.77	+83.3%	COM	478160104
BRK/A	BERKSHIRE HATHAWAY INC CL A	1	$267K	0.1%	$267000.00 *	$275226.66	-0.4%	COM	084670108