Night Owl Capital Management, LLC

CIK

1410833

Location

GREENWICH, CT

Portfolio Value

Small $938,080,714

Diversification

Diversified

Filing Date

Global Rank

#1,965 / 8,517 ▲ 36

Top Industry

Internet Content & Information 16.8%

3Y Alpha vs SPY

+9.6%

Period ended 46 days ago

Filed Aug 14, 2026 · 1d

26 quarters · since Mar 2020

Clone Performance

Aug 2023–Aug 2026 · vs SPY

Hypothetical growth of buying every stock this filer reported holding, rebalancing on each filing and indexed to the same start. Option positions cannot be bought this way and are left out.

Cloned portfolio

+120.3%

SPY

+75.3%

Annualised alpha

+9.6%

Max drawdown

−19.5%

Estimate. 13F holdings are quarter-lagged, so the clone rebalances about 45 days after each period end — when the filing becomes public — and it excludes option and short positions. Returns use comparable raw closes and exclude dividends; a captured split can shorten the simulated window. It tracks 100% of reported value on average across 13 quarters. Past performance does not predict future results.

Portfolio Concentration

27 tracked positions · as of Jun 30, 2026 · Δ vs Mar 31, 2026

Top Position

9.7%

−1.5 pts

Top 5

38.5%

+0.5 pts

Top 10

65.0%

+0.7 pts

HHI

542

Diversified+4

Portfolio Trend

26 quarters · across all stocks

Sector Breakdown

As of Jun 30, 2026

Sector	% Portfolio	Value	Positions
Technology	29.0%	$272,188,030	6
Industrials	26.5%	$248,323,579	6
Communication Services	16.2%	$151,894,797	3
Financial Services	10.6%	$99,498,037	4
Consumer Cyclical	6.8%	$63,935,658	1
Healthcare	3.6%	$34,047,628	3
Unclassified	3.4%	$31,658,320	1
Basic Materials	2.9%	$27,373,566	1
Utilities	0.6%	$6,021,233	1
Real Estate	0.3%	$3,139,866	1

Last Quarter's Activity

Export CSV

Jun 30, 2026 vs Mar 31, 2026

Added To

Positions the filer increased

20 positions

Ticker	Company	Δ Shares	Shares	Value
BIL	State Street SPDR Bloomberg 1-3 Month T-Bill ETF	+90,023	345,464	$31,658,320
AMAT	Applied Materials Inc /De	+59,582	88,107	$63,701,361
GEHC	GE HealthCare Technologies Inc.	+4,734	283,292	$18,133,520
AMZN	Amazon Com Inc	+3,607	268,254	$63,935,658
UNP	Union Pacific Corp	+3,197	189,178	$51,456,416
TSM	Taiwan Semiconductor Manufacturing Co Ltd	+2,507	163,108	$77,895,487
GE	General Electric Co	+2,371	157,921	$59,019,815
MSFT	Microsoft Corp	+2,362	175,443	$65,443,747
WWD	Woodward, Inc.	+2,147	127,375	$54,190,420
CSGP	Costar Group, Inc.	+1,627	110,871	$3,139,866
AON	Aon plc	+1,490	110,978	$36,810,292
META	Meta Platforms, Inc.	+1,421	83,116	$46,818,411
GWRE	Guidewire Software, Inc.	+1,377	82,825	$10,191,616
HWM	Howmet Aerospace Inc.	+1,249	83,475	$22,443,088
V	Visa Inc.	+1,161	96,957	$33,264,977
AVGO	Broadcom Inc.	+1,037	68,438	$25,852,454
CRS	Carpenter Technology Corp	+797	53,214	$32,824,523
LIN	Linde PLC	+783	52,749	$27,373,566
MA	Mastercard Inc	+652	54,855	$28,173,528
SPOT	Spotify Technology S.A.	+528	31,592	$14,504,834
No positions match the current search.

Trimmed

Positions the filer reduced

4 positions

Ticker	Company	Δ Shares	Shares	Value
GOOGL	Alphabet Inc.	−73,813	256,337	$90,571,552
SAP	Sap SE	−60,169	188,848	$29,103,365
GEV	GE Vernova Inc.	−40,282	24,164	$28,389,317
CEG	Constellation Energy Corp	−12,230	24,243	$6,021,233
No positions match the current search.

New Positions

Positions the filer opened this quarter

2 positions

Ticker	Company	Shares	Value
NTRA	Natera, Inc.	41,254	$11,198,398
TWST	Twist Bioscience Corp	45,837	$4,715,710
No positions match the current search.

Sold Out

Positions the filer fully exited

2 positions

Ticker	Company	Shares	Value
NFLX	Netflix Inc	244,334	$23,492,714
MELI	Mercadolibre Inc	3,981	$6,883,228
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

27 tracked positions · $938,080,714 total · filing declares 30 positions · $952,805,629 · as of Jun 30, 2026

All sectors Basic Materials Communication Services Consumer Cyclical Financial Services Healthcare Industrials Real Estate Technology Utilities

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	% of Portfolio
GOOGL	Alphabet Inc. Communication Services	Reduced	256,337	-73,813	$90,571,552	−4.4%	9.65%
TSM	Taiwan Semiconductor Manufacturing Co Ltd Technology	Added	163,108	+2,507	$77,895,487	+43.5%	8.30%
MSFT	Microsoft Corp Technology	Added	175,443	+2,362	$65,443,747	+2.1%	6.98%
AMZN	Amazon Com Inc Consumer Cyclical	Added	268,254	+3,607	$63,935,658	+16.0%	6.82%
AMAT	Applied Materials Inc /De Technology	Added	88,107	+59,582	$63,701,361	+553.4%	6.79%
GE	General Electric Co Industrials	Added	157,921	+2,371	$59,019,815	+33.7%	6.29%
WWD	Woodward, Inc. Industrials	Added	127,375	+2,147	$54,190,420	+20.9%	5.78%
UNP	Union Pacific Corp Industrials	Added	189,178	+3,197	$51,456,416	+14.0%	5.49%
META	Meta Platforms, Inc. Communication Services	Added	83,116	+1,421	$46,818,411	+0.2%	4.99%
AON	Aon plc Financial Services	Added	110,978	+1,490	$36,810,292	+4.2%	3.92%
V	Visa Inc. Financial Services	Added	96,957	+1,161	$33,264,977	+14.9%	3.55%
CRS	Carpenter Technology Corp Industrials	Added	53,214	+797	$32,824,523	+58.9%	3.50%
BIL	State Street SPDR Bloomberg 1-3 Month T-Bill ETF	Added	345,464	+90,023	$31,658,320	+35.2%	3.37%
SAP	Sap SE Technology	Reduced	188,848	-60,169	$29,103,365	−31.7%	3.10%
GEV	GE Vernova Inc. Industrials	Reduced	24,164	-40,282	$28,389,317	−49.5%	3.03%
MA	Mastercard Inc Financial Services	Added	54,855	+652	$28,173,528	+4.0%	3.00%
LIN	Linde PLC Basic Materials	Added	52,749	+783	$27,373,566	+6.3%	2.92%
AVGO	Broadcom Inc. Technology	Added	68,438	+1,037	$25,852,454	+23.9%	2.76%
HWM	Howmet Aerospace Inc. Industrials	Added	83,475	+1,249	$22,443,088	+18.4%	2.39%
GEHC	GE HealthCare Technologies Inc. Healthcare	Added	283,292	+4,734	$18,133,520	−8.5%	1.93%
SPOT	Spotify Technology S.A. Communication Services	Added	31,592	+528	$14,504,834	−3.7%	1.55%
NTRA	Natera, Inc. Healthcare	NEW	41,254	NEW	$11,198,398	NEW	1.19%
GWRE	Guidewire Software, Inc. Technology	Added	82,825	+1,377	$10,191,616	−16.3%	1.09%
CEG	Constellation Energy Corp Utilities	Reduced	24,243	-12,230	$6,021,233	−40.9%	0.64%
TWST	Twist Bioscience Corp Healthcare	NEW	45,837	NEW	$4,715,710	NEW	0.50%
CSGP	Costar Group, Inc. Real Estate	Added	110,871	+1,627	$3,139,866	−28.8%	0.33%
BRK-B	Berkshire Hathaway Inc Financial Services	Held	1,001	0	$1,249,240	+4.3%	0.13%

Covers the securities this platform tracks: U.S.-listed common stock and the put/call positions reported on it. A 13F can also report security types outside that coverage — preferred shares, bonds, warrants, untracked share classes — so the filing's own declared total can exceed the figures above. The source filing is linked at the top of this table.