Night Owl Capital Management, LLC
•CIK: 1410833•Filing: Q4 2025
**Night Owl Capital Management, LLC** manages $912M across a concentrated portfolio of 29 positions. The firm maintains significant exposure to mega-cap technology and industrials, with top holdings including GOOG at $101.9M and MSFT at $83.2M. Further allocations are notable in AMZN ($60.7M), SAP ($60.1M), and GEV ($59.1M). This structure suggests a conviction-driven approach targeting established growth leaders.
Total AUM
$912.4M
QoQ Performance
-0.5%
Positions
29
Top 10 Concentration
65.3%
Latest Filing
Q4 2025
Top Holdings Allocation
GOOG
MSFT
AMZN
SAP
GEV
META
TSM
GE
GOOG11.2%
MSFT9.1%
AMZN6.6%
SAP6.6%
GEV6.5%
META5.9%
TSM5.3%
GE5.2%
📈 Biggest Buys
📉 Biggest Sells
Sector Breakdown
Other36.4%
Technology28.8%
Financial11.4%
Industrial9.9%
Consumer6.6%
Communication4.5%
Materials2.4%
Changes from Q3 2025
NEW1 new position
↑23 increased
↓2 decreased
Historical Filings
Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023