Night Owl Capital Management, LLC

CIK: 0001410833SEC EDGAR →

Portfolio Value

$912.4M

Holdings

29

As of

Q4 2025

New Positions

0

Closed Positions

1

Portfolio Value History

Top 10 Holdings

RankStockSharesValue% of Portfolio
1

ALPHABET INC CAP STK CL C

324,613$101.9M
11.16%
2

MICROSOFT CORP COM

171,942$83.2M
9.11%
3

AMAZON COM INC COM

262,874$60.7M
6.65%
4

SAP SE SPON ADR

247,552$60.1M
6.59%
5

GE VERNOVA

90,403$59.1M
6.48%
6

META PLATFORMS INC CL A

81,123$53.5M
5.87%
7

TAIWAN SEMICONDUCTOR MFG CO SP

159,593$48.5M
5.32%
8

GE AEROSPACE

154,584$47.6M
5.22%
9

UNION PACIFIC CORP.

184,768$42.7M
4.68%
10

AON PLC REGISTERED SHS CL A

108,774$38.4M
4.21%

Quarterly Changes

Top Buys

GOOG↑ Increased
$24.1M
GEHCNEW
$22.7M
WWD↑ Increased
$6.7M
MSFT↑ Increased
$6.4M
NFLX↑ Increased
$5.9M

Top Sells

UBERCLOSED
$43.3M
VSTCLOSED
$22.8M
CEG↓ Decreased
$8.9M
SGOV↓ Decreased
$202K

New Positions (1)

$22.7M · 277K shares

Closed Positions (2)

$43.3M · 442K shares
$22.8M · 116K shares

Sector Breakdown

Sector# HoldingsValue%
Technology5$231.2M25.3%
Communication Services5$197.2M21.6%
Industrials5$161.1M17.7%
Financial Services5$129.2M14.2%
Utilities2$71.9M7.9%
Consumer Cyclical2$68.6M7.5%
Healthcare1$22.7M2.5%
Basic Materials1$22.0M2.4%
Real Estate1$7.3M0.8%
Unknown2$1.3M0.1%