Night Owl Capital Management’s Fastenal FAST Stock Holding History

Night Owl Capital Management’s Portfolio FAST Stock Details FAST Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2015 Q3	–	Sell	-822,276	Closed	-$8.67M	–	24
2015 Q2	$8.67M	Buy	822,276 +4,012	+0.5%	+$42.2K	4.46%	8
2015 Q1	$8.48M	Buy	818,264 +12,452	+2%	+$135K	4.43%	9
2014 Q4	$9.58M	Sell	805,812 -36,424	-4%	-$408K	4.72%	8
2014 Q3	$9.45M	Sell	842,236 -2,384	-0.3%	-$27.3K	4.24%	11
2014 Q2	$10.4M	Sell	844,620 -120	-0%	-$1.48K	4.53%	11
2014 Q1	$10.4M	Buy	844,740 +306,900	+57%	+$3.59M	4.61%	12
2013 Q4	$6.39M	Buy	537,840 +28,080	+6%	+$337K	2.81%	14
2013 Q3	$6.41M	Buy	509,760 +13,000	+3%	+$154K	3.12%	14
2013 Q2	$5.69M	Buy	+496,760	New	+$6.09M	3.13%	14

Other funds holding FAST

Vanguard Group Malvern, Pennsylvania $6.9T AUM 27.45% 1-Year Est. Return

RCG

Ruane, Cunniff & Goldfarb New York $6.43B AUM 18.44% 1-Year Est. Return

Bank of New York Mellon New York $609B AUM 40.19% 1-Year Est. Return

State Street Boston, Massachusetts $3.38T AUM 44.17% 1-Year Est. Return

Capital World Investors Los Angeles, California $846B AUM 46.74% 1-Year Est. Return

Brown Advisory Baltimore, Maryland $64.6B AUM 18.98% 1-Year Est. Return

BIT

BlackRock Institutional Trust San Francisco, California $675B AUM 16.07% 1-Year Est. Return

Northern Trust Chicago, Illinois $860B AUM 41.15% 1-Year Est. Return

AWM

Ashmore Wealth Management Wilmington, Delaware $1.58B AUM 9.28% 1-Year Est. Return

Polen Capital Management Boca Raton, Florida $11.6B AUM 8.03% 1-Year Est. Return

Night Owl Capital Management's FAST Position: Q3 2015 in Review

Night Owl Capital Management sold out of Fastenal (FAST) in Q3 2015, closing a stake of 822,276 shares — an estimated $8.67M sold.

Night Owl Capital Management first reported a position in FAST in Q2 2013 and held it in 9 quarters. The position peaked at $10.4M in Q2 2014. 545 funds tracked by Wall St. Rank hold FAST as of Q3 2015.

Night Owl Capital Management reported no remaining Fastenal position as of Q3 2015 after selling out during the quarter.
Night Owl Capital Management sold 822,276 Fastenal shares in Q3 2015, an estimated $8.67M.
Night Owl Capital Management first reported a position in Fastenal in Q2 2013 and held it in 9 quarters.
Night Owl Capital Management's Fastenal position peaked at $10.4M in Q2 2014.
545 funds tracked by Wall St. Rank held Fastenal as of Q3 2015.

Based on Night Owl Capital Management's 13F filing for Q3 2015, filed 13 Nov 2015.