Night Owl Capital Management, LLC
In its 13F for Q4 2024 (holdings as of December 31, 2024, filed February 14, 2025), Night Owl Capital Management, LLC reported 28 stock positions worth $774.2 million. Its top holding was Amazon.com (AMZN) at 8.8% of the portfolio, followed by Alphabet Class C (GOOG, 8.5%) and Sap SE-Sponsored ADR (SAP, 7.2%). Compared with Q3 2024, it opened 2 new positions, sold out of 1, added to 19 and reduced 4. The biggest buy was GE Vernova (GEV, shares +49%) and the biggest sale Constellation Energy (CEG, shares −16%).
- Most Recent 13F
- Q2 2026
- Location
- GREENWICH, CT
- CIK
- 0001410833
- Portfolio Value
- $774.2M (Q4 2024)
- SEC Filing
- 0001410833-25-000002 ↗ filed Feb 14, 2025
Holdings Value
Holdings 28 stocks · $774.2M
| AMZN Amazon.com Inc. | 8.79% | 310,268 | $68.1M | Add +2.5% |
| GOOG Alphabet Inc. Class C | 8.51% | 345,817 | $65.9M | Add +2.8% |
| SAP Sap SE-Sponsored ADR | 7.24% | 227,670 | $56.1M | Add +3.0% |
| FISV Fiserv Inc. | 7.17% | 270,029 | $55.5M | Add +3.3% |
| AON Aon PLC Class A | 7.08% | 152,650 | $54.8M | Add +4.7% |
| MSFT Microsoft Corp. | 6.90% | 126,722 | $53.4M | Add +2.7% |
| GEV GE Vernova Inc. | 4.98% | 117,211 | $38.6M | Add +49.1% |
| CEG Constellation Energy | 4.54% | 156,937 | $35.1M | Reduce -15.7% |
| NFLX Netflix Inc. | 3.97% | 34,468 | $30.7M | Add +3.2% |
| UNH Unitedhealth Group Inc. | 3.94% | 60,302 | $30.5M | Add +4.4% |
| UNP Union Pacific Corp. | 3.90% | 132,386 | $30.2M | Add +3.5% |
| META Meta Platforms Inc. Class A | 3.83% | 50,606 | $29.6M | Add +3.4% |
| TSM Taiwan Semiconductor-SP ADR | 3.70% | 145,088 | $28.7M | Reduce -29.4% |
| VST Vistra Corp. | 3.68% | 206,695 | $28.5M | Add +3.5% |
| V Visa Inc. Class A | 3.54% | 86,765 | $27.4M | Add +3.6% |
| MA Mastercard Inc. Class A | 3.34% | 49,100 | $25.9M | Add +3.7% |
| UBER Uber Technologies Inc. | 3.19% | 409,339 | $24.7M | Reduce -15.9% |
| GE General Electric filed as GE AEROSPACE | 3.04% | 141,303 | $23.6M | Add +3.3% |
| LIN Linde PLC | 2.58% | 47,721 | $20.0M | Add +3.7% |
| AVGO Broadcom Inc. | 1.81% | 60,591 | $14.0M | Reduce -48.8% |
| HWM Howmet Aerospace Inc. | 1.05% | 74,011 | $8.1M | New |
| CRS Carpenter Technology | 1.03% | 47,076 | $8.0M | New |
| CSGP Costar Group Inc. | 0.94% | 101,649 | $7.3M | Add +2.8% |
| BIL SS SPDR BB 1-3M T-Bill ETF | 0.70% | 59,373 | $5.4M | Add +63.6% |
| SGOV iShares 0-3 Month Treasury B | 0.32% | 24,755 | $2.5M | Add +47.6% |
| BRK.A Berkshire Hathaway Inc. Class A | 0.09% | 1 | $681K | No change |
| GOOGL Alphabet Inc. Class A | 0.08% | 3,400 | $644K | No change |
| BRK.B Berkshire Hathaway Inc. Class B | 0.06% | 1,000 | $453K | No change |
Portfolio Sells Q3 2024 → Q4 2024
Portfolio Buys Q3 2024 → Q4 2024
| GEV GE Vernova Inc. | Add +49.1% | 4.98% | +2.24 |
| AMZN Amazon.com Inc. | Add +2.5% | 8.79% | +1.08 |
| HWM Howmet Aerospace Inc. | New | 1.05% | +1.05 |
| CRS Carpenter Technology | New | 1.03% | +1.03 |
| GOOG Alphabet Inc. Class C | Add +2.8% | 8.51% | +0.81 |
| FISV Fiserv Inc. | Add +3.3% | 7.17% | +0.74 |
| NFLX Netflix Inc. | Add +3.2% | 3.97% | +0.73 |
| VST Vistra Corp. | Add +3.5% | 3.68% | +0.44 |
| V Visa Inc. Class A | Add +3.6% | 3.54% | +0.39 |
| SAP Sap SE-Sponsored ADR | Add +3.0% | 7.24% | +0.32 |
| BIL SS SPDR BB 1-3M T-Bill ETF | Add +63.6% | 0.70% | +0.25 |
| AON Aon PLC Class A | Add +4.7% | 7.08% | +0.19 |
| MA Mastercard Inc. Class A | Add +3.7% | 3.34% | +0.14 |
| SGOV iShares 0-3 Month Treasury B | Add +47.6% | 0.32% | +0.09 |
| META Meta Platforms Inc. Class A | Add +3.4% | 3.83% | −0.01 |
| CSGP Costar Group Inc. | Add +2.8% | 0.94% | −0.08 |
| MSFT Microsoft Corp. | Add +2.7% | 6.90% | −0.36 |
| UNP Union Pacific Corp. | Add +3.5% | 3.90% | −0.41 |
| LIN Linde PLC | Add +3.7% | 2.58% | −0.42 |
| GE General Electric | Add +3.3% | 3.04% | −0.48 |
| UNH Unitedhealth Group Inc. | Add +4.4% | 3.94% | −0.68 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 30 | $952.8M | GOOG, TSM, MSFT, AMZN, AMAT |
| Q1 2026 | 30 | $858.0M | GOOG, MSFT, GEV, AMZN, TSM |
| Q4 2025 | 29 | $912.4M | GOOG, MSFT, AMZN, SAP, GEV |
| Q3 2025 | 30 | $917.3M | GOOG, MSFT, SAP, AMZN, GEV |
| Q2 2025 | 31 | $864.8M | AMZN, SAP, MSFT, GOOG, GEV |
| Q1 2025 | 28 | $800.0M | SAP, AON, FISV, AMZN, GOOG |
| Q4 2024 | 28 | $774.2M | AMZN, GOOG, SAP, FISV, AON |
| Q3 2024 | 27 | $731.2M | AMZN, GOOG, MSFT, SAP, AON |
| Q2 2024 | 27 | $668.4M | GOOG, AMZN, MSFT, SAP, AON |
| Q1 2024 | 29 | $658.7M | AMZN, MSFT, GOOG, AON, SAP |