SEC 13F Intelligence

Managers / Q1 2024 · view latest →

Night Owl Capital Management, LLC

CIK 0001410833 · 102 GREENWICH AVENUE, GREENWICH, CT, 06830 · 203-302-3870

Reported Value
$659M
Q1 2024
Positions
29
Filings on Record
35
2019–present window
Filed
May 15, 2024
original filing

Summary

Night Owl Capital Management, LLC reported $659M in U.S.-listed holdings across 29 positions for Q1 2024.

Its largest position, AMZN, represents 8.5% of the portfolio.

Compared with Q4 2023, the fund opened 4 new positions and exited 1.

Portfolio Metrics

Turnover
+3.2%
vs prior filed quarter
Top-10 Concentration
+62.4%
share of reported value
Largest Position
+8.5%
Amazon Com Inc Com
New / Exited
4 / 1
positions this quarter

Methodology: turnover is min(value bought, value sold) ÷ average reported value across the two quarters — value-based, so market moves inflate it slightly versus a share-based measure. Concentration and largest position are shares of the filing’s total reported value, options excluded. New/exited counts compare against the prior filed quarter. All figures derive solely from the fund’s 13F filings.

Reported Value by Quarter

13F Reported Value
Q4 ’18: $234MQ4 ’18Q1 ’19: $279MQ2 ’19: $327MQ3 ’19: $315MQ4 ’19: $348MQ4 ’19Q1 ’20: $299MQ2 ’20: $420MQ3 ’20: $480MQ4 ’20: $520MQ4 ’20Q1 ’21: $491MQ2 ’21: $507MQ3 ’21: $570MQ4 ’21: $492MQ4 ’21Q1 ’22: $352MQ2 ’22: $261MQ3 ’22: $240MQ4 ’22: $214MQ4 ’22Q1 ’23: $283MQ2 ’23: $392MQ3 ’23: $403MQ4 ’23: $500MQ4 ’23Q1 ’24: $659MQ2 ’24: $668MQ3 ’24: $731MQ4 ’24: $774MQ4 ’24Q1 ’25: $800MQ2 ’25: $865MQ3 ’25: $917MQ4 ’25: $912MQ4 ’25Q1 ’26: $858Mfilingsflow.com

Portfolio Composition

By security type
Common Stock: 79.7%Other: 10.4%ADR: 9.5%ETP: 0.4%
  • Common Stock · 79.7% · $525M
  • Other · 10.4% · $69M
  • ADR · 9.5% · $62M
  • ETP · 0.4% · $3M

Quarter-over-Quarter Changes full breakdown →

vs Q4 2023 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
CEGCONSTELLATION ENERGYNEW+144.7K144.7K+$27M$27M
GE AEROSPACENEW+128.7K128.7K+$23M$23M
METAMETA PLATFORMS INC CL ANEW+46.2K46.2K+$22M$22M
VSTVISTRA CORPNEW+192.5K192.5K+$13M$13M
DKNGDRAFTKINGS INCSOLD OUT−198.8K0−$7M$0
SPDR BLOOMBERG 1-3 MONTH T-BILTRIMMED−46.5K28.0K−$4M$3M
MDBMONGODB INC CL ATRIMMED−14.7K23.3K−$7M$8M
TSMTAIWAN SEMICONDUCTOR MFG CO SPADDED+34.3K147.6K+$8M$20M

Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.

Holdings — Q1 2024

28 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1AMZNAMAZON COM INC COMhistory →COM8.51%$56M310.7K
2MSFTMICROSOFT CORP COMhistory →COM7.86%$52M123.1K
3GOOGALPHABET INC CAP STK CL Chistory →COM7.85%$52M339.7K
4AON PLC REGISTERED SHS CL ACOM7.27%$48M143.5K
5SAPSAP SE SPON ADRhistory →COM6.42%$42M216.9K
6VVISA INC COM CL Ahistory →COM5.31%$35M125.2K
7FISVFISERVhistory →COM5.07%$33M208.9K
8UBERUBER TECHNOLOGIEShistory →COM4.98%$33M425.7K
9UNPUNION PACIFIC CORP.history →COM4.72%$31M126.4K
10MAMASTERCARD INC CL Ahistory →COM4.46%$29M61.0K
11UNHUNITEDHEALTH GROUP INC COMhistory →COM4.25%$28M56.6K
12CEGCONSTELLATION ENERGYhistory →COM4.06%$27M144.7K
13GE AEROSPACECOM3.43%$23M128.7K
14METAMETA PLATFORMS INC CL Ahistory →COM3.40%$22M46.2K
15LINDE PLCCOM3.17%$21M45.0K
16TSMTAIWAN SEMICONDUCTOR MFG CO SPhistory →COM3.05%$20M147.6K
17NFLXNETFLIX INC COMhistory →COM3.03%$20M32.9K
18DISWALT DISNEYhistory →COM2.41%$16M129.8K
19CPCANADIAN PACIFIC KANSAS CITY Lhistory →COM2.35%$15M175.7K
20VSTVISTRA CORPhistory →COM2.04%$13M192.5K
21FNDFLOOR & DECOR HLDGS INC CL Ahistory →COM1.76%$12M89.4K
22CSGPCOSTAR GROUP INC COMhistory →COM1.45%$10M98.8K
23MDBMONGODB INC CL Ahistory →COM1.27%$8M23.3K
24DDOGDATADOG INChistory →COM1.19%$8M63.5K
25SPDR BLOOMBERG 1-3 MONTH T-BILTR UNIT0.39%$3M28.0K
26BRK/ABERKSHIRE HATHAWAY INC CL ACOM0.16%$1M1.0K
27GOOGLALPHABET INC. CL ACOM0.08%$513,1623.4K
28AAPLAPPLE INC.COM0.06%$424,0702.5K

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q1 2026$858M30May 15, 202613F-HRchanges · EDGAR ↗
Q4 2025$912M29Feb 13, 202613F-HRchanges · EDGAR ↗
Q3 2025$917M30Nov 14, 202513F-HRchanges · EDGAR ↗
Q2 2025$865M31Aug 14, 202513F-HRchanges · EDGAR ↗
Q1 2025$800M28May 15, 202513F-HRchanges · EDGAR ↗
Q4 2024$774M28Feb 14, 202513F-HRchanges · EDGAR ↗
Q3 2024$731M27Nov 14, 202413F-HRchanges · EDGAR ↗
Q2 2024$668M27Aug 14, 202413F-HRchanges · EDGAR ↗
Q1 2024$659M29May 15, 202413F-HRchanges · EDGAR ↗
Q4 2023$500M26Feb 14, 202413F-HRchanges · EDGAR ↗
Q3 2023$403M25Nov 14, 202313F-HRchanges · EDGAR ↗
Q2 2023$392M24Aug 14, 202313F-HRchanges · EDGAR ↗
Q1 2023$283M19May 12, 202313F-HRchanges · EDGAR ↗
Q4 2022$214M17Feb 14, 202313F-HRchanges · EDGAR ↗
Q3 2022$240M16Nov 14, 202213F-HRchanges · EDGAR ↗
Q2 2022$261M19Aug 12, 202213F-HRchanges · EDGAR ↗
Q1 2022$352M19May 13, 202213F-HRchanges · EDGAR ↗
Q4 2021$492M21Feb 14, 202213F-HRchanges · EDGAR ↗
Q3 2021$570M26Nov 12, 202113F-HRchanges · EDGAR ↗
Q2 2021$507M25Aug 13, 202113F-HRchanges · EDGAR ↗
Q1 2021$491M27May 14, 202113F-HRchanges · EDGAR ↗
Q4 2020$520M30Feb 12, 202113F-HRchanges · EDGAR ↗
Q3 2020$480M31Nov 13, 202013F-HRchanges · EDGAR ↗
Q2 2020$420M28Aug 14, 202013F-HRchanges · EDGAR ↗
Q1 2020$299M27May 15, 202013F-HRchanges · EDGAR ↗
Q4 2019$348M27Feb 14, 202013F-HRchanges · EDGAR ↗
Q3 2019$315M28Nov 14, 201913F-HRchanges · EDGAR ↗
Q2 2019$327M29Aug 14, 201913F-HRchanges · EDGAR ↗
Q1 2019$279M30May 14, 201913F-HRchanges · EDGAR ↗
Q4 2018$234M30Feb 14, 201913F-HRchanges · EDGAR ↗

13F filings are due up to 45 days after quarter end, so holdings shown here lag the fund’s current book. Source: original SEC filing on EDGAR ↗.