Night Owl Capital Management, LLC Long-Term Concentrated

CIK: 0001410833 · Show all filings

Period: Q2 2025 (← Previous) (Next →)

Filing Date: Aug 14, 2025

Total Value ($000): $864,799 (100.0% shares, 0.0% debt)

Holdings (31)

AMZN AMAZON COM INC COM 8.6%

Value ($000) $74,283 Shares 338,588 Est. Cost $130.96 Unrealized +51.1%

SAP SAP SE SPON ADR 8.5%

Value ($000) $73,888 Shares 242,973 Est. Cost $150.57 Unrealized —

MSFT MICROSOFT CORP COM 8.5%

Value ($000) $73,124 Shares 147,011 Est. Cost $143.09 Unrealized +202.2%

GOOG ALPHABET INC CAP STK CL C 6.5%

Value ($000) $56,179 Shares 316,696 Est. Cost $115.47 Unrealized +42.8%

GEV GE VERNOVA 5.4%

Value ($000) $46,694 Shares 88,243 Est. Cost $215.07 Unrealized +93.4%

UBER UBER TECHNOLOGIES 4.7%

Value ($000) $40,896 Shares 438,323 Est. Cost $45.24 Unrealized +82.0%

META META PLATFORMS INC CL A 4.6%

Value ($000) $40,065 Shares 54,282 Est. Cost $463.03 Unrealized +33.2%

GE GE AEROSPACE 4.5%

Value ($000) $39,030 Shares 151,639 Est. Cost $127.48 Unrealized +71.5%

AON AON PLC REGISTERED SHS CL A 4.4%

Value ($000) $37,847 Shares 106,085 Est. Cost $299.72 Unrealized +20.5%

TSM TAIWAN SEMICONDUCTOR MFG CO SP 4.1%

Value ($000) $35,288 Shares 155,804 Est. Cost $128.97 Unrealized —

V VISA INC COM CL A 3.8%

Value ($000) $33,029 Shares 93,028 Est. Cost $109.40 Unrealized +217.2%

NFLX NETFLIX INC COM 3.7%

Value ($000) $31,689 Shares 23,664 Est. Cost $36.94 Unrealized +206.1%

MA MASTERCARD INC CL A 3.4%

Value ($000) $29,611 Shares 52,694 Est. Cost $154.66 Unrealized +256.6%

FISV FISERV 3.1%

Value ($000) $26,832 Shares 155,630 Est. Cost $128.82 Unrealized +40.8%

LIN LINDE PLC 2.7%

Value ($000) $23,771 Shares 50,664 Est. Cost $425.48 Unrealized +6.3%

VST VISTRA CORP 2.6%

Value ($000) $22,295 Shares 115,037 Est. Cost $56.73 Unrealized +159.9%

CEG CONSTELLATION ENERGY 2.4%

Value ($000) $21,023 Shares 65,134 Est. Cost $153.92 Unrealized +71.4%

WWD WOODWARD 2.2%

Value ($000) $19,330 Shares 78,871 Est. Cost $203.79 Unrealized 0.0%

BIL SPDR BLOOMBERG 1-3 MONTH T-BIL 2.2%

Value ($000) $18,878 Shares 205,795 Est. Cost $91.69 Unrealized —

UNP UNION PACIFIC CORP. 2.2%

Value ($000) $18,635 Shares 80,994 Est. Cost $212.66 Unrealized +2.7%

GWRE GUIDEWIRE SOFTWARE 2.1%

Value ($000) $18,585 Shares 78,935 Est. Cost $214.86 Unrealized 0.0%

AVGO BROADCOM 2.1%

Value ($000) $18,047 Shares 65,472 Est. Cost $160.24 Unrealized +34.7%

HWM HOWMET AEROSPACE 1.7%

Value ($000) $14,857 Shares 79,818 Est. Cost $111.29 Unrealized +38.0%

CRS CARPENTER TECHNOLOGY 1.6%

Value ($000) $14,064 Shares 50,886 Est. Cost $173.08 Unrealized +25.6%

— MERCADOLIBRE 1.2%

Value ($000) $10,057 Shares 3,848 Est. Cost $2613.63 Unrealized —

SPOT SPOTIFY TECHNOLOGY SA 1.1%

Value ($000) $9,925 Shares 12,934 Est. Cost $641.84 Unrealized 0.0%

CSGP COSTAR GROUP INC COM 1.0%

Value ($000) $8,594 Shares 106,893 Est. Cost $80.18 Unrealized -2.8%

SGOV ISHARES 0-3 MONTH TREASURY BON 0.7%

Value ($000) $6,468 Shares 64,241 Est. Cost $100.65 Unrealized —

BRK/A BERKSHIRE HATHAWAY INC CL A 0.1%

Value ($000) $729 Shares 1 Est. Cost $275226.66 Unrealized +176.8%

GOOGL ALPHABET INC. CL A 0.1%

Value ($000) $599 Shares 3,400 Est. Cost $110.35 Unrealized +48.0%

BRK/B BERKSHIRE HATHAWAY INC CL B 0.1%

Value ($000) $486 Shares 1,000 Est. Cost $207.14 Unrealized +145.2%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
AMZN	AMAZON COM INC COM	338,588	$74,283	8.6%	$130.96	+51.1%	COM	023135106
SAP	SAP SE SPON ADR	242,973	$73,888	8.5%	$150.57	—	COM	803054204
MSFT	MICROSOFT CORP COM	147,011	$73,124	8.5%	$143.09	+202.2%	COM	594918104
GOOG	ALPHABET INC CAP STK CL C	316,696	$56,179	6.5%	$115.47	+42.8%	COM	02079K107
GEV	GE VERNOVA	88,243	$46,694	5.4%	$215.07	+93.4%	COM	36828A101
UBER	UBER TECHNOLOGIES	438,323	$40,896	4.7%	$45.24	+82.0%	COM	90353T100
META	META PLATFORMS INC CL A	54,282	$40,065	4.6%	$463.03	+33.2%	COM	30303M102
GE	GE AEROSPACE	151,639	$39,030	4.5%	$127.48	+71.5%	COM	369604301
AON	AON PLC REGISTERED SHS CL A	106,085	$37,847	4.4%	$299.72	+20.5%	COM	G0403H108
TSM	TAIWAN SEMICONDUCTOR MFG CO SP	155,804	$35,288	4.1%	$128.97	—	COM	874039100
V	VISA INC COM CL A	93,028	$33,029	3.8%	$109.40	+217.2%	COM	92826C839
NFLX	NETFLIX INC COM	23,664	$31,689	3.7%	$36.94	+206.1%	COM	64110L106
MA	MASTERCARD INC CL A	52,694	$29,611	3.4%	$154.66	+256.6%	COM	57636Q104
FISV	FISERV	155,630	$26,832	3.1%	$128.82	+40.8%	COM	337738108
LIN	LINDE PLC	50,664	$23,771	2.7%	$425.48	+6.3%	COM	G54950103
VST	VISTRA CORP	115,037	$22,295	2.6%	$56.73	+159.9%	COM	92840M102
CEG	CONSTELLATION ENERGY	65,134	$21,023	2.4%	$153.92	+71.4%	COM	21037T109
WWD	WOODWARD	78,871	$19,330	2.2%	$203.79	0.0%	COM	980745103
BIL	SPDR BLOOMBERG 1-3 MONTH T-BIL	205,795	$18,878	2.2%	$91.69	—	TR UNIT	78468R663
UNP	UNION PACIFIC CORP.	80,994	$18,635	2.2%	$212.66	+2.7%	COM	907818108
GWRE	GUIDEWIRE SOFTWARE	78,935	$18,585	2.1%	$214.86	0.0%	COM	40171V100
AVGO	BROADCOM	65,472	$18,047	2.1%	$160.24	+34.7%	COM	11135F101
HWM	HOWMET AEROSPACE	79,818	$14,857	1.7%	$111.29	+38.0%	COM	443201108
CRS	CARPENTER TECHNOLOGY	50,886	$14,064	1.6%	$173.08	+25.6%	COM	144285103
—	MERCADOLIBRE	3,848	$10,057	1.2%	$2613.63	—	COM	58733r102
SPOT	SPOTIFY TECHNOLOGY SA	12,934	$9,925	1.1%	$641.84	0.0%	COM	L8681T102
CSGP	COSTAR GROUP INC COM	106,893	$8,594	1.0%	$80.18	-2.8%	COM	22160N109
SGOV	ISHARES 0-3 MONTH TREASURY BON	64,241	$6,468	0.7%	$100.65	—	TR UNIT	46436E718
BRK/A	BERKSHIRE HATHAWAY INC CL A	1	$729	0.1%	$275226.66	+176.8%	COM	084670108
GOOGL	ALPHABET INC. CL A	3,400	$599	0.1%	$110.35	+48.0%	COM	02079K305
BRK/B	BERKSHIRE HATHAWAY INC CL B	1,000	$486	0.1%	$207.14	+145.2%	COM	084670702