Night Owl Capital Management, LLC — 13F Holdings & Portfolio

CIK 1410833 · latest 13F-HR filed 2026-05-15

Night Owl Capital Management, LLC manages $858.0M in 13F-reported U.S. long-equity assets across 30 reported positions as of its 2026-03-31 13F-HR filing. Its largest disclosed positions are GOOG (10.92%), MSFT (7.47%), GEV (6.56%). Quarter over quarter (versus its 2025-12-31 filing) the fund opened 1 new position, exited 0, added to 8, and trimmed 17.

AUM is the long-equity portion reported on Form 13F-HR. Excludes short positions, cash, foreign holdings, and non-13F assets. For informational purposes only — not investment advice.

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AUM

$858.0M

Long-equity book

Holdings

30

Distinct positions

Period

2026-03-31

Filed 2026-05-15

Q/Q Activity

+1 / −0 / ↑8 / ↓17

vs 2025-12-31

Firm Profile & Key People
Name Title / Status Ownership Type

Top Adds (vs prior quarter)

  • WOODWARD$7.2M +19.2%
  • TAIWAN SEMICONDUCTOR MFG CO SP$5.8M +11.9%
  • CARPENTER TECHNOLOGY$4.3M +26.0%
  • LINDE PLC$3.7M +17.0%
  • SPDR BLOOMBERG 1-3 MONTH T-BIL$2.6M +12.7%
Show all 8

Top Trims

  • MICROSOFT CORP COM-$19.1M -23.0%
  • SAP SE SPON ADR-$17.5M -29.1%
  • ALPHABET INC CAP STK CL C-$8.1M -8.0%
  • META PLATFORMS INC CL A-$6.8M -12.7%
  • AMAZON COM INC COM-$5.6M -9.2%
Show all 17

New Positions

  • APPLIED MATERIALS INC$9.7M
Show all 1

Exited Positions

  • No exits this quarter.
Show all 0
All Holdings

Rows tagged Call or Put are options positions, not stock. Per SEC Form 13F-HR, Value shows the notional value of the underlying (shares covered × underlying price), not the option premium. Shares is the number of underlying shares covered (divide by 100 for contract count).

# Issuer Symbol CUSIP Value Weight Shares Type
1 ALPHABET INC CAP STK CL C GOOG 02079K107 $93.7M 10.92% 326,750 SH
2 MICROSOFT CORP COM MSFT 594918104 $64.1M 7.47% 173,081 SH
3 GE VERNOVA GEV 36828A101 $56.3M 6.56% 64,446 SH
4 AMAZON COM INC COM AMZN 023135106 $55.1M 6.42% 264,647 SH
5 TAIWAN SEMICONDUCTOR MFG CO SP TSM 874039100 $54.3M 6.33% 160,601 SH
6 META PLATFORMS INC CL A META 30303M102 $46.7M 5.45% 81,695 SH
7 UNION PACIFIC CORP. UNP 907818108 $45.1M 5.26% 185,981 SH
8 WOODWARD WWD 980745103 $44.8M 5.22% 125,228 SH
9 GE AEROSPACE GE 369604301 $44.1M 5.14% 155,550 SH
10 SAP SE SPON ADR SAP 803054204 $42.6M 4.97% 249,017 SH
11 AON PLC REGISTERED SHS CL A AON G0403H108 $35.3M 4.12% 109,488 SH
12 VISA INC COM CL A V 92826C839 $29.0M 3.37% 95,796 SH
13 MASTERCARD INC CL A MA 57636Q104 $27.1M 3.16% 54,203 SH
14 LINDE PLC LIN G54950103 $25.8M 3.00% 51,966 SH
15 NETFLIX INC COM NFLX 64110L106 $23.5M 2.74% 244,334 SH
16 SPDR BLOOMBERG 1-3 MONTH T-BIL BIL 78468R663 $23.4M 2.73% 255,441 SH
17 BROADCOM AVGO 11135F101 $20.9M 2.43% 67,401 SH
18 CARPENTER TECHNOLOGY CRS 144285103 $20.7M 2.41% 52,417 SH
19 GE HEALTHCARE TECHNOLOGIES INC GEHC 36266G107 $19.8M 2.31% 278,558 SH
20 HOWMET AEROSPACE HWM 443201108 $18.9M 2.21% 82,226 SH
21 SPOTIFY TECHNOLOGY SA SPOT L8681T102 $15.1M 1.76% 31,064 SH
22 GUIDEWIRE SOFTWARE GWRE 40171V100 $12.2M 1.42% 81,448 SH
23 CONSTELLATION ENERGY CEG 21037T109 $10.2M 1.19% 36,473 SH
24 APPLIED MATERIALS INC AMAT 038222105 $9.7M 1.14% 28,525 SH
25 MERCADOLIBRE MELI 58733R102 $6.9M 0.80% 3,981 SH
26 ISHARES 0-3 MONTH TREASURY BON SGOV 46436E718 $6.1M 0.72% 61,026 SH
27 COSTAR GROUP INC COM CSGP 22160N109 $4.4M 0.51% 109,244 SH
28 ALPHABET INC. CL A GOOGL 02079K305 $977.7K 0.11% 3,400 SH
29 BERKSHIRE HATHAWAY INC CL A BRK.A 084670108 $718.1K 0.08% 1 SH
30 BERKSHIRE HATHAWAY INC CL B BRK.B 084670702 $479.2K 0.06% 1,000 SH
Filing History
Period Filed AUM Holdings Accession
2026-03-31 2026-05-15 $858.0M 30 0001410833-26-000004
2025-12-31 2026-02-13 $912.4M 29 0001410833-26-000003
2025-09-30 2025-11-14 $917.3M 30 0001410833-25-000008