We are live on ! Find out more
NOCM

Night Owl Capital Management Portfolio holdings

AUM $858M
1-Year Est. Return 31.41%
This Fund
S&P 500
This Quarter Est. Return
-13.93%
1 Year Est. Return
+31.41%
3 Year Est. Return
+150.18%
5 Year Est. Return
+177.63%
10 Year Est. Return
+1,247.26%
AUM
$234M
AUM Growth
-$48.5M
Cap. Flow
-$7.89M
Cap. Flow %
-3.38%
Top 10 Hldgs %
70.52%
Holding
32
New
3
Increased
10
Reduced
13
Closed
2

Top Buys

Rank Stock Value
1
EVBG
Everbridge, Inc. Common Stock
EVBG
+$4.64M
2
TEAM icon
Atlassian
TEAM
+$2.89M
3
RNG icon
RingCentral
RNG
+$2.71M
4
BRK.A icon
Berkshire Hathaway Class A
BRK.A
+$626K
5
BRK.B icon
Berkshire Hathaway Class B
BRK.B
+$313K

Top Sells

Rank Stock Value
1
BLKB icon
Blackbaud
BLKB
+$8.11M
2
BKNG icon
Booking.com
BKNG
+$6.53M
3
CSGP icon
CoStar Group
CSGP
+$2.19M
4
AON icon
Aon
AON
+$576K
5
PYPL icon
PayPal
PYPL
+$391K

Sector Composition

Rank Sector Weight
1 Financials 33.66%
2 Technology 33.06%
3 Communication Services 12.21%
4 Consumer Discretionary 11.06%
5 Industrials 3.41%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
MA icon
1
Mastercard
MA
$493B
$29.2M 12.5%
154,753
-633
-0.4% -$126K
V icon
2
Visa
V
$677B
$28.3M 12.13%
214,736
-990
-0.5% -$137K
AMZN icon
3
Amazon
AMZN
$2.96T
$22.6M 9.68%
300,960
+880
+0.3% +$73.2K
GOOG icon
4
Alphabet (Google) Class C
GOOG
$4.32T
$18.7M 8.02%
362,000
+1,180
+0.3% +$63.2K
MSFT icon
5
Microsoft
MSFT
$3.71T
$17.6M 7.52%
172,858
-602
-0.3% -$64.5K
AON icon
6
Aon
AON
$76B
$11.7M 5%
80,345
-3,712
-4% -$576K
SHOP icon
7
Shopify
SHOP
$195B
$10.7M 4.58%
773,450
-2,160
-0.3% -$30.4K
META icon
8
Meta Platforms (Facebook)
META
$1.51T
$9.79M 4.19%
74,672
-1,202
-2% -$174K
NOW icon
9
ServiceNow
NOW
$129B
$8.14M 3.48%
228,470
+90
+0% +$3.19K
PYPL icon
10
PayPal
PYPL
$50.5B
$7.99M 3.42%
95,064
-4,691
-5% -$391K
FDC
11
DELISTED
First Data Corporation
FDC
$7.96M 3.41%
470,866
-5,264
-1% -$103K
ADBE icon
12
Adobe
ADBE
$105B
$7.81M 3.34%
34,530
+19
+0.1% +$4.59K
TYL icon
13
Tyler Technologies
TYL
$12.8B
$6.06M 2.59%
32,612
-580
-2% -$115K
WDAY icon
14
Workday
WDAY
$44.4B
$5.97M 2.56%
37,385
+133
+0.4% +$18.8K
CSGP icon
15
CoStar Group
CSGP
$12.3B
$5.73M 2.45%
169,820
-59,880
-26% -$2.19M
OKTA icon
16
Okta
OKTA
$25.8B
$5.63M 2.41%
88,300
+465
+0.5% +$27.6K
EVBG
17
DELISTED
Everbridge, Inc. Common Stock
EVBG
$5.08M 2.17%
+89,427
New +$4.64M
GWRE icon
18
Guidewire Software
GWRE
$14.2B
$3.86M 1.65%
48,162
-3,234
-6% -$282K
TEAM icon
19
Atlassian
TEAM
$37.8B
$3.24M 1.39%
+36,431
New +$2.89M
W icon
20
Wayfair
W
$14.6B
$2.93M 1.25%
32,517
– –
RNG icon
21
RingCentral
RNG
$5.28B
$2.84M 1.21%
+34,395
New +$2.71M
BRK.A icon
22
Berkshire Hathaway Class A
BRK.A
$1.12T
$918K 0.39%
3
+2
+200% +$626K
BRK.B icon
23
Berkshire Hathaway Class B
BRK.B
$1.13T
$510K 0.22%
2,500
+1,500
+150% +$313K
SPY icon
24
State Street SPDR S&P 500 ETF Trust
SPY
$810B
$460K 0.2%
1,842
+374
+25% +$101K
JNJ icon
25
Johnson & Johnson
JNJ
$625B
$378K 0.16%
2,930
– –
1
2

Similar funds

OAM
Ophir Asset Management Sydney, Australia $859M AUM 59.08% 1-Year Est. Return
QIM
Quest Investment Management Lake Oswego, Oregon $857M AUM 21.67% 1-Year Est. Return
BCM
Benchstone Capital Management New York $860M AUM 32.46% 1-Year Est. Return
TSS
Two Sigma Securities New York $861M AUM 21.33% 1-Year Est. Return
AWM
Absher Wealth Management Chapel Hill, North Carolina $853M AUM 14.81% 1-Year Est. Return
WFAL
Wedbush Fund Advisers, LLC Pasadena, California $863M AUM
OMG
One Madison Group New York $866M AUM 33.81% 1-Year Est. Return
EPIMS
Evelyn Partners Investment Management Services London $850M AUM 20.89% 1-Year Est. Return

Night Owl Capital Management's Q4 2018 Portfolio in Review

As of Q4 2018, Night Owl Capital Management held 32 positions worth $234M, down 17% from $282M the previous quarter. Its ten largest holdings account for 71% of the portfolio.

Night Owl Capital Management withdrew a net $7.89M in Q4 2018, closing 2 positions and reducing 13 holdings. Its most notable exit was Blackbaud, an estimated $8.11M position sold in full.

By sector, the portfolio is most concentrated in Financials at 34% of assets, up from 32% a quarter earlier, followed by Technology and Communication Services.

Against the trend, Night Owl Capital Management opened a new position in Everbridge, Inc. Common Stock worth $5.08M.

  • Night Owl Capital Management's largest Q4 2018 buy was Everbridge, Inc. Common Stock: 89,427 shares worth $5.08M.
  • Night Owl Capital Management added most to Berkshire Hathaway Class A in Q4 2018, an estimated $626K increase.
  • Night Owl Capital Management's biggest Q4 2018 reduction was CoStar Group, cutting an estimated $2.19M.
  • Night Owl Capital Management fully exited Blackbaud in Q4 2018, selling an estimated $8.11M.
  • Night Owl Capital Management's ten largest holdings make up 71% of its $234M portfolio in Q4 2018.
  • Night Owl Capital Management opened 3 new positions and closed 2 in Q4 2018.
  • Night Owl Capital Management's portfolio value fell 17% quarter-over-quarter to $234M.

Based on Night Owl Capital Management's 13F filing for Q4 2018, filed 14 Feb 2019.