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
-5.05%
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
$299M
AUM Growth
-$48.4M
(-14%)
Cap. Flow
-$27.3M
Cap. Flow
% of AUM
-9.12%
Top 10 Holdings %
Top 10 Hldgs %
68.04%
Holding
30
New
3
Increased
4
Reduced
18
Closed
3
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Fidelity National Information Services
FIS
|
+$12M |
| 2 |
Aon
AON
|
+$6.33M |
| 3 |
FISV
Fiserv Inc
FISV
|
+$5.36M |
| 4 |
TransDigm Group
TDG
|
+$5.14M |
| 5 |
Idexx Laboratories
IDXX
|
+$4.02M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Mastercard
MA
|
+$15.4M |
| 2 |
Visa
V
|
+$12.7M |
| 3 |
Alphabet (Google) Class C
GOOG
|
+$11.6M |
| 4 |
Meta Platforms (Facebook)
META
|
+$6.01M |
| 5 |
Amazon
AMZN
|
+$1.73M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 57.77% |
| 2 | Financials | 23.03% |
| 3 | Consumer Discretionary | 9.22% |
| 4 | Communication Services | 5.93% |
| 5 | Real Estate | 1.61% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
1
Amazon
AMZN
$2.96T
| $27.6M | 9.22% |
283,100
-17,900
| -6% | -$1.73M |
|
2
Microsoft
MSFT
$3.71T
| $27.2M | 9.1% |
172,644
-5,662
| -3% | -$931K |
|
3
Shopify
SHOP
$195B
| $26.1M | 8.7% |
624,900
-23,120
| -4% | -$1.04M |
|
|
4
Mastercard
MA
$493B
| $22.4M | 7.47% |
92,575
-51,928
| -36% | -$15.4M |
|
|
5
Visa
V
$677B
| $21.8M | 7.27% |
135,041
-67,640
| -33% | -$12.7M |
|
|
6
Aon
AON
$76B
| $18.6M | 6.22% |
112,787
+30,922
| +38% | +$6.33M |
|
|
FISV
7
Fiserv Inc
FISV
$27.9B
| $18.3M | 6.13% |
193,046
+48,273
| +33% | +$5.36M |
|
8
ServiceNow
NOW
$129B
| $15M | 5.03% |
262,545
+310
| +0.1% | +$19.4K |
|
9
RingCentral
RNG
$5.28B
| $14.2M | 4.73% |
66,869
-227
| -0.3% | -$46.8K |
|
10
Okta
OKTA
$25.8B
| $12.5M | 4.17% |
102,175
-3,652
| -3% | -$458K |
|
11
Atlassian
TEAM
$37.8B
| $11.5M | 3.86% |
84,117
+1,555
| +2% | +$217K |
|
12
Adobe
ADBE
$105B
| $11.1M | 3.69% |
34,721
-1,179
| -3% | -$403K |
|
|
13
Alphabet (Google) Class C
GOOG
$4.32T
| $10.9M | 3.63% |
186,940
-171,100
| -48% | -$11.6M |
|
|
14
Fidelity National Information Services
FIS
$22.1B
| $10.5M | 3.52% |
+86,712
| New | +$12M |
|
|
SMAR
15
DELISTED
Smartsheet Inc.
SMAR
| $10.4M | 3.46% |
249,544
-6,194
| -2% | -$281K |
|
|
AYX
16
DELISTED
Alteryx Inc
AYX
| $9.02M | 3.01% |
94,731
-4,382
| -4% | -$544K |
|
|
17
Meta Platforms (Facebook)
META
$1.51T
| $6.88M | 2.3% |
41,223
-30,692
| -43% | -$6.01M |
|
18
Workday
WDAY
$44.4B
| $6.67M | 2.23% |
51,179
-4,396
| -8% | -$741K |
|
19
PayPal
PYPL
$50.5B
| $5.05M | 1.69% |
52,714
-2,723
| -5% | -$301K |
|
20
CoStar Group
CSGP
$12.3B
| $4.83M | 1.61% |
82,260
-1,030
| -1% | -$67.1K |
|
|
21
Idexx Laboratories
IDXX
$46.2B
| $3.73M | 1.25% |
+15,416
| New | +$4.02M |
|
|
22
TransDigm Group
TDG
$67.7B
| $3.02M | 1.01% |
+9,432
| New | +$5.14M |
|
23
Berkshire Hathaway Class B
BRK.B
$1.13T
| $876K | 0.29% |
4,790
| – | – |
|
24
Apple
AAPL
$4.57T
| $407K | 0.14% |
6,404
-4,072
| -39% | -$299K |
|
25
Johnson & Johnson
JNJ
$625B
| $319K | 0.11% |
2,435
-540
| -18% | -$76.6K |
|
Similar funds
OAM
QIM
BCM
TSS
AWM
WFAL
OMG
EPIMS
Night Owl Capital Management's Q1 2020 Portfolio in Review
As of Q1 2020, Night Owl Capital Management held 30 positions worth $299M, down 14% from $348M the previous quarter. Its ten largest holdings account for 68% of the portfolio.
Night Owl Capital Management withdrew a net $27.3M in Q1 2020, closing 3 positions and reducing 18 holdings. Its most notable exit was Alibaba, an estimated $673K position sold in full.
By sector, the portfolio is most concentrated in Technology at 58% of assets, up from 47% a quarter earlier, followed by Financials and Consumer Discretionary.
Against the trend, Night Owl Capital Management opened a new position in Fidelity National Information Services worth $10.5M.
- Night Owl Capital Management's largest Q1 2020 buy was Fidelity National Information Services: 86,712 shares worth $10.5M.
- Night Owl Capital Management added most to Aon in Q1 2020, an estimated $6.33M increase.
- Night Owl Capital Management's biggest Q1 2020 reduction was Mastercard, cutting an estimated $15.4M.
- Night Owl Capital Management fully exited Alibaba in Q1 2020, selling an estimated $673K.
- Night Owl Capital Management's ten largest holdings make up 68% of its $299M portfolio in Q1 2020.
- Night Owl Capital Management opened 3 new positions and closed 3 in Q1 2020.
- Night Owl Capital Management's portfolio value fell 14% quarter-over-quarter to $299M.
Based on Night Owl Capital Management's 13F filing for Q1 2020, filed 15 May 2020.