Institutional
Night Owl Capital Management, LLC
CIK 0001410833
$858.0M
Reported AUM
30
Positions
Q1 2026
Period
2026-05-15
Filed
The Brief · Night Owl Capital Management, LLC · Q1 2026
AI · grounded in 13F
Night Owl Capital Management, LLC established a new position in AMAT valued at $9.7M. The fund added 26 new positions while reducing only one, increasing its share count in BIL by 12.4%. Other accumulations include WWD and CRS, both of which saw share increases of over 63%.
Portfolio · Q1 2026
Top holdings
| # | Stock | Issuer | Price | Day % | 1Y Gr. | 5Y Gr. | Value | % of book | Δ shares (QoQ) | Status |
|---|---|---|---|---|---|---|---|---|---|---|
| 1 | GOOG | ALPHABET INC CAP STK CL C | $356.65 | 6.88% | 76.17% | 131.42% | $93.7M | 10.92% | — | HELD |
| 2 | MSFT | MICROSOFT CORP COM | $465.00 | 3.08% | -13.24% | 55.41% | $64.1M | 7.47% | — | HELD |
| 3 | GEV | GE VERNOVA | $990.11 | 0.83% | 49.92% | 541.55% | $56.3M | 6.56% | — | HELD |
| 4 | AMZN | AMAZON COM INC COM | $271.42 | 15.25% | 9.66% | 35.70% | $55.1M | 6.42% | — | HELD |
| 5 | TSM | TAIWAN SEMICONDUCTOR MFG CO SP | $404.31 | 0.25% | 73.36% | 267.64% | $54.3M | 6.33% | — | HELD |
| 6 | META | META PLATFORMS INC CL A | $556.34 | 3.21% | -27.89% | 43.33% | $46.7M | 5.45% | — | HELD |
| 7 | UNP | UNION PACIFIC CORP. | $292.12 | 0.92% | 35.99% | 49.89% | $45.1M | 5.26% | — | HELD |
| 8 | WWD | WOODWARD | $360.75 | 1.25% | 37.95% | 203.33% | $44.8M | 5.22% | — | HELD |
| 9 | GE | GE AEROSPACE | $360.33 | 1.49% | 32.47% | 453.71% | $44.1M | 5.14% | — | HELD |
| 10 | SAP | SAP SE SPON ADR | $183.72 | 1.57% | -34.97% | 31.05% | $42.6M | 4.97% | — | HELD |
| 11 | AON | AON PLC REGISTERED SHS CL A | $360.55 | -1.64% | 2.86% | 30.74% | $35.3M | 4.12% | — | HELD |
| 12 | V | VISA INC COM CL A | $366.16 | -0.03% | 8.84% | 65.83% | $29.0M | 3.37% | — | HELD |
| 13 | MA | MASTERCARD INC CL A | $573.38 | -0.69% | 3.76% | 71.76% | $27.1M | 3.16% | — | HELD |
| 14 | LIN | LINDE PLC | $478.38 | -5.95% | 5.69% | 62.98% | $25.8M | 3.00% | — | HELD |
| 15 | NFLX | NETFLIX INC COM | $71.69 | -2.02% | -36.85% | 28.55% | $23.5M | 2.74% | — | HELD |
| 16 | BIL | SPDR BLOOMBERG 1-3 MONTH T-BIL | $91.68 | 0.03% | 3.76% | 18.99% | $23.4M | 2.73% | — | HELD |
| 17 | AVGO | BROADCOM | $389.53 | 0.44% | 35.65% | 758.72% | $20.9M | 2.43% | — | HELD |
| 18 | CRS | CARPENTER TECHNOLOGY | $519.66 | 3.17% | 95.93% | 1499.23% | $20.7M | 2.41% | — | HELD |
| 19 | GEHC | GE HEALTHCARE TECHNOLOGIES INC | $68.02 | -2.75% | 0.32% | 1.20% | $19.8M | 2.31% | — | HELD |
| 20 | HWM | HOWMET AEROSPACE | $282.26 | 1.80% | 50.82% | 785.59% | $18.9M | 2.21% | — | HELD |
| 21 | SPOT | SPOTIFY TECHNOLOGY SA | $499.94 | -4.34% | -16.67% | 123.01% | $15.1M | 1.76% | — | HELD |
| 22 | GWRE | GUIDEWIRE SOFTWARE | $151.94 | -0.83% | -31.83% | 28.26% | $12.2M | 1.42% | — | HELD |
| 23 | CEG | CONSTELLATION ENERGY | $262.75 | -0.31% | -22.25% | 492.61% | $10.2M | 1.19% | — | HELD |
| 24 | AMAT | APPLIED MATERIALS INC | $507.67 | 1.18% | 187.89% | 296.32% | $9.7M | 1.14% | — | HELD |
| 25 | — | MERCADOLIBRE | — | — | — | — | $6.9M | 0.80% | — | HELD |
| 26 | SGOV | ISHARES 0-3 MONTH TREASURY BON | $100.71 | 0.02% | 3.81% | 19.65% | $6.1M | 0.72% | — | HELD |
| 27 | CSGP | COSTAR GROUP INC COM | $28.76 | -2.38% | -68.86% | -65.23% | $4.4M | 0.51% | — | HELD |
| 28 | GOOGL | ALPHABET INC. CL A | $355.99 | 6.69% | 85.11% | 143.37% | $978K | 0.11% | — | HELD |
| 29 | BRK/A | BERKSHIRE HATHAWAY INC CL A | — | — | — | — | $718K | 0.08% | — | HELD |
| 30 | BRK/B | BERKSHIRE HATHAWAY INC CL B | — | — | — | — | $479K | 0.06% | — | HELD |
Source: SEC EDGAR · accession 0001410833-26-000004. 13F discloses long positions only — shorts, foreign equities, and options are excluded.