Night Owl Capital Management, LLC

Est. AUM

$858.0M

13F long equity, this entity only

Positions

Period

Mar 2026 (Q1)

SEC EDGAR

Mar 2026 (Q1)

#	Issuer	Class	Value	Shares	% Portfolio	Discretion
1	ALPHABET INC CAP STK CL C	COM	$93.7M	326750	10.92%	SOLE
2	MICROSOFT CORP COM	COM	$64.1M	173081	7.47%	SOLE
3	GE VERNOVA	COM	$56.3M	64446	6.56%	SOLE
4	AMAZON COM INC COM	COM	$55.1M	264647	6.42%	SOLE
5	TAIWAN SEMICONDUCTOR MFG CO SP	COM	$54.3M	160601	6.33%	SOLE
6	META PLATFORMS INC CL A	COM	$46.7M	81695	5.45%	SOLE
7	UNION PACIFIC CORP.	COM	$45.1M	185981	5.26%	SOLE
8	WOODWARD	COM	$44.8M	125228	5.22%	SOLE
9	GE AEROSPACE	COM	$44.1M	155550	5.14%	SOLE
10	SAP SE SPON ADR	COM	$42.6M	249017	4.97%	SOLE
11	AON PLC REGISTERED SHS CL A	COM	$35.3M	109488	4.12%	SOLE
12	VISA INC COM CL A	COM	$29.0M	95796	3.37%	SOLE
13	MASTERCARD INC CL A	COM	$27.1M	54203	3.16%	SOLE
14	LINDE PLC	COM	$25.8M	51966	3.00%	SOLE
15	NETFLIX INC COM	COM	$23.5M	244334	2.74%	SOLE
16	SPDR BLOOMBERG 1-3 MONTH T-BIL	TR UNIT	$23.4M	255441	2.73%	SOLE
17	BROADCOM	COM	$20.9M	67401	2.43%	SOLE
18	CARPENTER TECHNOLOGY	COM	$20.7M	52417	2.41%	SOLE
19	GE HEALTHCARE TECHNOLOGIES INC	COM	$19.8M	278558	2.31%	SOLE
20	HOWMET AEROSPACE	COM	$18.9M	82226	2.21%	SOLE
21	SPOTIFY TECHNOLOGY SA	COM	$15.1M	31064	1.76%	SOLE
22	GUIDEWIRE SOFTWARE	COM	$12.2M	81448	1.42%	SOLE
23	CONSTELLATION ENERGY	COM	$10.2M	36473	1.19%	SOLE
24	APPLIED MATERIALS INC	COM	$9.8M	28525	1.14%	SOLE
25	MERCADOLIBRE	COM	$6.9M	3981	0.80%	SOLE
26	ISHARES 0-3 MONTH TREASURY BON	TR UNIT	$6.1M	61026	0.72%	SOLE
27	COSTAR GROUP INC COM	COM	$4.4M	109244	0.51%	SOLE
28	ALPHABET INC. CL A	COM	$978K	3400	0.11%	SOLE
29	BERKSHIRE HATHAWAY INC CL A	COM	$718K	1	0.08%	SOLE
30	BERKSHIRE HATHAWAY INC CL B	COM	$479K	1000	0.06%	SOLE

Values in USD (reported in $thousands on 13F). Source: SEC EDGAR.