Night Owl Capital Management, LLC reported 27 positions worth $906.42M for the quarter ended Jun 30, 2026, up 10.3% on the prior quarter. It opened 2 new positions, added to 19, trimmed 4 and exited 2. Its largest holding is Alphabet Inc. at 10% of the portfolio.
Reported 13F market value at each quarter end. A change mixes trading with price moves in the positions held.
Dollar value of shares bought and sold each quarter, at that quarter’s price. It counts trading only, not price changes.
How many positions were opened, added to, trimmed or closed each quarter.
Share of reported value in each sector at every quarter end.
| Holding | Change | Change % | Trade Value | Weight |
|---|---|---|---|---|
| AMAT Applied Materials Inc | +59.6K | +208.9% | $43.08M | 7.03% |
| NTRA Natera, Inc. | +41.3K | – | $11.20M | 1.24% |
| TWST Twist Bioscience Corp | +45.8K | – | $4.72M | 0.52% |
| TSM Taiwan Semiconductor Manufacturing Co Ltd | +2,507 | +1.6% | $1.20M | 8.59% |
| WWD Woodward, Inc. | +2,147 | +1.7% | $913.42K | 5.98% |
| GE General Electric Co | +2,371 | +1.5% | $886.11K | 6.51% |
| MSFT Microsoft Corp | +2,362 | +1.4% | $881.07K | 7.22% |
| UNP Union Pacific Corp | +3,197 | +1.7% | $869.58K | 5.68% |
| AMZN Amazon Com Inc | +3,607 | +1.4% | $859.69K | 7.05% |
| META Meta Platforms, Inc. | +1,421 | +1.7% | $800.44K | 5.17% |
| Holding | Change | Change % | Trade Value | Weight |
|---|---|---|---|---|
| GEV GE Vernova Inc. | -40.3K | -62.5% | $47.33M | 3.13% |
| GOOG Alphabet Inc. | -70.4K | -21.5% | $24.88M | 9.99% |
| NFLX Netflix Inc | -244.3K | -100.0% | $23.49M | Exited |
| SAP Sap Se | -60.2K | -24.2% | $9.27M | 3.21% |
| CEG Constellation Energy Corp | -12.2K | -33.5% | $3.04M | 0.664% |
| GOOGL Alphabet Inc. | -3,400 | -100.0% | $977.70K | Exited |
| # | Activity | ||||||||
|---|---|---|---|---|---|---|---|---|---|
| 1 | GOOG Alphabet Inc. | Technology | 256.3K | $90.57M | 9.99% | -70.4K | -21.5% | Reduced | 0% |
| 2 | TSM Taiwan Semiconductor Manufacturing Co Ltd | Technology | 163.1K | $77.90M | 8.59% | +2,507 | +1.6% | Added | 0% |
| 3 | MSFT Microsoft Corp | Technology | 175.4K | $65.44M | 7.22% | +2,362 | +1.4% | Added | 0% |
| 4 | AMZN Amazon Com Inc | Consumer Discretionary | 268.3K | $63.94M | 7.05% | +3,607 | +1.4% | Added | 0% |
| 5 | AMAT Applied Materials Inc | Technology | 88.1K | $63.70M | 7.03% | +59.6K | +208.9% | Added | 0.01% |
| 6 | GE General Electric Co | Industrials | 157.9K | $59.02M | 6.51% | +2,371 | +1.5% | Added | 0.02% |
| 7 | WWD Woodward, Inc. | Industrials | 127.4K | $54.19M | 5.98% | +2,147 | +1.7% | Added | 0.21% |
| 8 | UNP Union Pacific Corp | Industrials | 189.2K | $51.46M | 5.68% | +3,197 | +1.7% | Added | 0.03% |
| 9 | META Meta Platforms, Inc. | Technology | 83.1K | $46.82M | 5.17% | +1,421 | +1.7% | Added | 0% |
| 10 | AON Aon plc | Financial Services | 111.0K | $36.81M | 4.06% | +1,490 | +1.4% | Added | 0.05% |
| 11 | V Visa Inc. | Financial Services | 97.0K | $33.26M | 3.67% | +1,161 | +1.2% | Added | 0.01% |
| 12 | CRS Carpenter Technology Corp | Basic Materials | 53.2K | $32.82M | 3.62% | +797 | +1.5% | Added | 0.11% |
| 13 | SAP Sap Se | Technology | 188.8K | $29.10M | 3.21% | -60.2K | -24.2% | Reduced | 0.02% |
| 14 | GEV GE Vernova Inc. | Industrials | 24.2K | $28.39M | 3.13% | -40.3K | -62.5% | Reduced | 0.01% |
| 15 | MA Mastercard Inc | Financial Services | 54.9K | $28.17M | 3.11% | +652 | +1.2% | Added | 0.01% |
Tip. Select a row to see that position’s full history at Night Owl Capital Management.
As of its Q2 2026 13F filing, Night Owl Capital Management, LLC’s five largest positions were Alphabet Inc. (GOOG) at 10.0%, Taiwan Semiconductor Manufacturing Co Ltd (TSM) at 8.6%, Microsoft Corp (MSFT) at 7.2%, Amazon Com Inc (AMZN) at 7.1%, Applied Materials Inc (AMAT) at 7.0% of the reported portfolio.
Night Owl Capital Management, LLC reported a 13F portfolio worth $906.42M across 27 positions for Q2 2026. That is up 10.3% from the previous quarter.
Its largest purchases by value were Applied Materials Inc ($43.08M), Natera, Inc. ($11.20M), Twist Bioscience Corp ($4.72M). It opened 2 new positions.
Its largest sales by value were GE Vernova Inc. ($47.33M), Alphabet Inc. ($24.88M), Netflix Inc ($23.49M). It exited 2 positions entirely.
From the Form 13F-HR reports Night Owl Capital Management, LLC files with the SEC each quarter, within 45 days of quarter end. A 13F lists long positions in US-listed equities and options; it excludes short positions, cash, bonds and most non-US holdings.
13F data reflects long positions in US-listed equities and options as reported to the SEC up to 45 days after quarter end. It excludes short positions, cash, bonds and most non-US securities, so it is not a complete picture of a manager’s assets.