Night Owl Capital Management, LLC
In its 13F for Q1 2026 (holdings as of March 31, 2026, filed May 15, 2026), Night Owl Capital Management, LLC reported 30 stock positions worth $858.0 million. Its top holding was Alphabet Class C (GOOG) at 10.9% of the portfolio, followed by Microsoft (MSFT, 7.5%) and GE Vernova (GEV, 6.6%). Compared with Q4 2025, it opened 1 new position, added to 25 and reduced 1. The biggest buy was a new position in Applied Materials (AMAT) and the biggest sale GE Vernova (GEV, shares −29%).
- Most Recent 13F
- Q2 2026
- Location
- GREENWICH, CT
- CIK
- 0001410833
- Portfolio Value
- $858.0M (Q1 2026)
- SEC Filing
- 0001410833-26-000004 ↗ filed May 15, 2026
Holdings Value
Holdings 30 stocks · $858.0M
| GOOG Alphabet Inc. Class C | 10.92% | 326,750 | $93.7M | Add +0.7% |
| MSFT Microsoft Corp. | 7.47% | 173,081 | $64.1M | Add +0.7% |
| GEV GE Vernova Inc. | 6.56% | 64,446 | $56.3M | Reduce -28.7% |
| AMZN Amazon.com Inc. | 6.42% | 264,647 | $55.1M | Add +0.7% |
| TSM Taiwan Semiconductor-SP ADR | 6.33% | 160,601 | $54.3M | Add +0.6% |
| META Meta Platforms Inc. Class A | 5.45% | 81,695 | $46.7M | Add +0.7% |
| UNP Union Pacific Corp. | 5.26% | 185,981 | $45.1M | Add +0.7% |
| WWD Woodward Inc. | 5.22% | 125,228 | $44.8M | Add +0.7% |
| GE General Electric filed as GE AEROSPACE | 5.14% | 155,550 | $44.1M | Add +0.6% |
| SAP Sap SE-Sponsored ADR | 4.97% | 249,017 | $42.6M | Add +0.6% |
| AON Aon PLC Class A | 4.12% | 109,488 | $35.3M | Add +0.7% |
| V Visa Inc. Class A | 3.37% | 95,796 | $29.0M | Add +0.6% |
| MA Mastercard Inc. Class A | 3.16% | 54,203 | $27.1M | Add +0.6% |
| LIN Linde PLC | 3.00% | 51,966 | $25.8M | Add +0.6% |
| NFLX Netflix Inc. | 2.74% | 244,334 | $23.5M | Add +0.7% |
| BIL SS SPDR BB 1-3M T-Bill ETF | 2.73% | 255,441 | $23.4M | Add +12.4% |
| AVGO Broadcom Inc. | 2.43% | 67,401 | $20.9M | Add +0.7% |
| CRS Carpenter Technology | 2.41% | 52,417 | $20.7M | Add +0.6% |
| GEHC GE Healthcare Technology | 2.31% | 278,558 | $19.8M | Add +0.7% |
| HWM Howmet Aerospace Inc. | 2.21% | 82,226 | $18.9M | Add +0.6% |
| SPOT Spotify Technology SA | 1.76% | 31,064 | $15.1M | Add +0.7% |
| GWRE Guidewire Software Inc. | 1.42% | 81,448 | $12.2M | Add +0.7% |
| CEG Constellation Energy | 1.19% | 36,473 | $10.2M | Add +0.7% |
| AMAT Applied Materials Inc. | 1.14% | 28,525 | $9.7M | New |
| MELI MercadoLibre Inc. | 0.80% | 3,981 | $6.9M | Add +0.8% |
| SGOV iShares 0-3 Month Treasury B | 0.72% | 61,026 | $6.1M | Add +5.0% |
| CSGP Costar Group Inc. | 0.51% | 109,244 | $4.4M | Add +0.6% |
| GOOGL Alphabet Inc. Class A | 0.11% | 3,400 | $978K | No change |
| BRK.A Berkshire Hathaway Inc. Class A | 0.08% | 1 | $718K | No change |
| BRK.B Berkshire Hathaway Inc. Class B | 0.06% | 1,000 | $479K | No change |
Portfolio Sells Q4 2025 → Q1 2026
| GEV GE Vernova Inc. | Reduce -28.7% | 6.56% | +0.08 |
Portfolio Buys Q4 2025 → Q1 2026
| AMAT Applied Materials Inc. | New | 1.14% | +1.14 |
| WWD Woodward Inc. | Add +0.7% | 5.22% | +1.10 |
| TSM Taiwan Semiconductor-SP ADR | Add +0.6% | 6.33% | +1.01 |
| CRS Carpenter Technology | Add +0.6% | 2.41% | +0.61 |
| LIN Linde PLC | Add +0.6% | 3.00% | +0.59 |
| UNP Union Pacific Corp. | Add +0.7% | 5.26% | +0.57 |
| BIL SS SPDR BB 1-3M T-Bill ETF | Add +12.4% | 2.73% | +0.45 |
| HWM Howmet Aerospace Inc. | Add +0.6% | 2.21% | +0.37 |
| NFLX Netflix Inc. | Add +0.7% | 2.74% | +0.24 |
| SGOV iShares 0-3 Month Treasury B | Add +5.0% | 0.72% | +0.08 |
| MELI MercadoLibre Inc. | Add +0.8% | 0.80% | −0.07 |
| GE General Electric | Add +0.6% | 5.14% | −0.07 |
| AON Aon PLC Class A | Add +0.7% | 4.12% | −0.09 |
| AVGO Broadcom Inc. | Add +0.7% | 2.43% | −0.11 |
| GEHC GE Healthcare Technology | Add +0.7% | 2.31% | −0.18 |
| SPOT Spotify Technology SA | Add +0.7% | 1.76% | −0.21 |
| CEG Constellation Energy | Add +0.7% | 1.19% | −0.21 |
| MA Mastercard Inc. Class A | Add +0.6% | 3.16% | −0.22 |
| AMZN Amazon.com Inc. | Add +0.7% | 6.42% | −0.23 |
| GOOG Alphabet Inc. Class C | Add +0.7% | 10.92% | −0.24 |
| CSGP Costar Group Inc. | Add +0.6% | 0.51% | −0.29 |
| V Visa Inc. Class A | Add +0.6% | 3.37% | −0.29 |
| GWRE Guidewire Software Inc. | Add +0.7% | 1.42% | −0.36 |
| META Meta Platforms Inc. Class A | Add +0.7% | 5.45% | −0.42 |
| SAP Sap SE-Sponsored ADR | Add +0.6% | 4.97% | −1.62 |
| MSFT Microsoft Corp. | Add +0.7% | 7.47% | −1.65 |
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 |