13F HOLDINGS REPORT
Night Owl Capital Management, LLC
Quarter ended Q3 2025 · Filed November 14, 2025 · Accession 0001410833-25-000008
Total Value
$917.3M
Positions
30
Other Managers
0
Confidential Omitted
No
Holdings (30)
| # | Issuer | Ticker / CUSIP | Shares | Value | % of Filing |
|---|---|---|---|---|---|
| 1 | ALPHABET INC CAP STK CL C | GOOG | 319,270 | $77.8M | 8.48% |
| 2 | MICROSOFT CORP COM | MSFT | 148,206 | $76.8M | 8.37% |
| 3 | SAP SE SPON ADR | SAPGF | 245,058 | $65.5M | 7.14% |
| 4 | AMAZON COM INC COM | AMZN | 258,499 | $56.8M | 6.19% |
| 5 | GE VERNOVA | GEV | 88,990 | $54.7M | 5.97% |
| 6 | META PLATFORMS INC CL A | META | 65,217 | $47.9M | 5.22% |
| 7 | GE AEROSPACE | 369604301 | 152,871 | $46.0M | 5.01% |
| 8 | TAIWAN SEMICONDUCTOR MFG CO SP | 874039100 | 157,311 | $43.9M | 4.79% |
| 9 | UBER TECHNOLOGIES | UBER | 441,903 | $43.3M | 4.72% |
| 10 | UNION PACIFIC CORP. | UNP | 181,793 | $43.0M | 4.68% |
| 11 | AON PLC REGISTERED SHS CL A | AON | 107,023 | $38.2M | 4.16% |
| 12 | VISA INC COM CL A | V | 93,860 | $32.0M | 3.49% |
| 13 | WOODWARD | WWD | 122,367 | $30.9M | 3.37% |
| 14 | MASTERCARD INC CL A | MA | 53,118 | $30.2M | 3.29% |
| 15 | NETFLIX INC COM | NFLX | 23,888 | $28.6M | 3.12% |
| 16 | LINDE PLC | LIN | 51,088 | $24.3M | 2.65% |
| 17 | VISTRA CORP | VST | 116,161 | $22.8M | 2.48% |
| 18 | BROADCOM | AVGO | 66,065 | $21.8M | 2.38% |
| 19 | CONSTELLATION ENERGY | CEG | 65,775 | $21.6M | 2.36% |
| 20 | SPOTIFY TECHNOLOGY SA | SPOT | 30,352 | $21.2M | 2.31% |
| 21 | GUIDEWIRE SOFTWARE | GWRE | 79,596 | $18.3M | 1.99% |
| 22 | SPDR BLOOMBERG 1-3 MONTH T-BIL | 78468R663 | 186,441 | $17.1M | 1.86% |
| 23 | HOWMET AEROSPACE | HWM | 80,499 | $15.8M | 1.72% |
| 24 | CARPENTER TECHNOLOGY | CRS | 51,321 | $12.6M | 1.37% |
| 25 | COSTAR GROUP INC COM | CSGP | 107,711 | $9.1M | 0.99% |
| 26 | MERCADOLIBRE | MELI | 3,887 | $9.1M | 0.99% |
| 27 | ISHARES 0-3 MONTH TREASURY BON | 46436E718 | 59,941 | $6.0M | 0.66% |
| 28 | ALPHABET INC. CL A | GOOG | 3,400 | $826,540 | 0.09% |
| 29 | BERKSHIRE HATHAWAY INC CL A | BRK-A | 1 | $754,200 | 0.08% |
| 30 | BERKSHIRE HATHAWAY INC CL B | BRK-A | 1,000 | $502,740 | 0.05% |