Night Owl Capital Management, LLC Q2 2025 Filing

Filed August 14, 2025

Portfolio Value

$864.8B

Holdings

31

Report Date

Q2 2025

Filing Type

13F-HR

All Holdings (31 positions)

#StockSharesValue% PortfolioType
1
AMZNAMAZON COM INC COM
338,588$74.3B8.59%
2
SAPSAP SE SPON ADR
242,973$73.9B8.54%
3
MSFTMICROSOFT CORP COM
147,011$73.1B8.46%
4
GOOGALPHABET INC CAP STK CL C
316,696$56.2B6.50%
5
GEVGE VERNOVA
88,243$46.7B5.40%
6
UBERUBER TECHNOLOGIES
438,323$40.9B4.73%
7
METAMETA PLATFORMS INC CL A
54,282$40.1B4.63%
8
GEGE AEROSPACE
151,639$39.0B4.51%
9
AONAON PLC REGISTERED SHS CL A
106,085$37.8B4.38%
10
TSMTAIWAN SEMICONDUCTOR MFG CO SP
155,804$35.3B4.08%
11
VVISA INC COM CL A
93,028$33.0B3.82%
12
NFLXNETFLIX INC COM
23,664$31.7B3.66%
13
MAMASTERCARD INC CL A
52,694$29.6B3.42%
14
FISVFISERV
155,630$26.8B3.10%
15
LINLINDE PLC
50,664$23.8B2.75%
16
VSTVISTRA CORP
115,037$22.3B2.58%
17
CEGCONSTELLATION ENERGY
65,134$21.0B2.43%
18
WWDWOODWARD
78,871$19.3B2.24%
19
BILSPDR BLOOMBERG 1-3 MONTH T-BIL
205,795$18.9B2.18%
20
UNPUNION PACIFIC CORP.
80,994$18.6B2.15%
21
GWREGUIDEWIRE SOFTWARE
78,935$18.6B2.15%
22
AVGOBROADCOM
65,472$18.0B2.09%
23
HWMHOWMET AEROSPACE
79,818$14.9B1.72%
24
CRSCARPENTER TECHNOLOGY
50,886$14.1B1.63%
25
MELIMERCADOLIBRE
3,848$10.1B1.16%
26
SPOTSPOTIFY TECHNOLOGY SA
12,934$9.9B1.15%
27
CSGPCOSTAR GROUP INC COM
106,893$8.6B0.99%
28
SGOVISHARES 0-3 MONTH TREASURY BON
64,241$6.5B0.75%
29
BRK-BBERKSHIRE HATHAWAY INC CL A
1$728.8M0.08%
30
GOOGLALPHABET INC. CL A
3,400$599.2M0.07%
31
BRK/BBERKSHIRE HATHAWAY INC CL B
1,000$485.8M0.06%