Night Owl Capital Management, LLC: MICROSOFT (MSFT): Quarterly 13F Position History
As of Q1 2026, Night Owl Capital Management, LLC reported 173,081 shares of MICROSOFT (MSFT), worth $64.1M and representing 7.5% of its 13F equity book. Quarter-over-quarter share count change: + 1,139 (+0.7%) . The position first appeared in Q2 2016 and has been disclosed across 40 13F-HR filings in Pactolio's tracked window.
- 173,081Shares Held (Latest Filing)
- $64.1MReported Market Value (Latest Filing)
- 7.5%Portfolio Weight (% of 13F Equity Book)
- +1,139Quarter-over-Quarter Share Change
- -$19.1MQuarter-over-Quarter Value Change
- 255,570Peak Reported Shares (Historical)
Quarterly 13F-HR Disclosure History Source: SEC 13F-HR filings, 40 quarter s
| Quarter | Shares | QoQ Share Change | Share Change (%) | Market Value | Weight | Implied Price |
|---|---|---|---|---|---|---|
| Q1 2026 | 173,081 | +1,139 | +0.7% | $64.1M | 7.5% | $370.2 |
| Q4 2025 | 171,942 | +23,736 | +16.0% | $83.2M | 9.1% | $483.6 |
| Q3 2025 | 148,206 | +1,195 | +0.8% | $76.8M | 8.4% | $517.9 |
| Q2 2025 | 147,011 | +15,688 | +11.9% | $73.1M | 8.5% | $497.4 |
| Q1 2025 | 131,323 | +4,601 | +3.6% | $49.3M | 6.2% | $375.4 |
| Q4 2024 | 126,722 | +3,376 | +2.7% | $53.4M | 6.9% | $421.5 |
| Q3 2024 | 123,346 | +3,195 | +2.7% | $53.1M | 7.3% | $430.3 |
| Q2 2024 | 120,151 | 2,924 | -2.4% | $53.7M | 8.0% | $446.9 |
| Q1 2024 | 123,075 | +326 | +0.3% | $51.8M | 7.9% | $420.7 |
| Q4 2023 | 122,749 | +5,113 | +4.3% | $46.2M | 9.2% | $376.0 |
| Q3 2023 | 117,636 | 625 | -0.5% | $37.1M | 9.2% | $315.7 |
| Q2 2023 | 118,261 | 4,157 | -3.4% | $40.3M | 10.3% | $340.5 |
| Q1 2023 | 122,418 | +2,091 | +1.7% | $35.3M | 12.5% | $288.3 |
| Q4 2022 | 120,327 | +1,464 | +1.2% | $28.9M | 13.5% | $239.8 |
| Q3 2022 | 118,863 | +5,172 | +4.5% | $27.7M | 11.5% | $232.9 |
| Q2 2022 | 113,691 | 24,005 | -17.4% | $29.2M | 11.2% | $256.8 |
| Q1 2022 | 137,696 | 51,923 | -27.4% | $42.5M | 12.1% | $308.3 |
| Q4 2021 | 189,619 | +1,238 | +0.7% | $63.8M | 13.0% | $336.3 |
| Q3 2021 | 188,381 | +486 | +0.3% | $53.1M | 9.3% | $281.9 |
| Q2 2021 | 187,895 | +429 | +0.2% | $50.9M | 10.0% | $270.9 |
| Q1 2021 | 187,466 | +7,685 | +4.3% | $44.2M | 9.0% | $235.8 |
| Q4 2020 | 179,781 | +1,461 | +0.8% | $40.0M | 7.7% | $222.4 |
| Q3 2020 | 178,320 | +4,475 | +2.6% | $37.5M | 7.8% | $210.3 |
| Q2 2020 | 173,845 | +1,201 | +0.7% | $35.4M | 8.4% | $203.5 |
| Q1 2020 | 172,644 | 5,662 | -3.2% | $27.2M | 9.1% | $157.7 |
| Q4 2019 | 178,306 | +405 | +0.2% | $28.1M | 8.1% | $157.7 |
| Q3 2019 | 177,901 | +3,354 | +1.9% | $24.7M | 7.9% | $139.0 |
| Q2 2019 | 174,547 | +577 | +0.3% | $23.4M | 7.2% | $134.0 |
| Q1 2019 | 173,970 | +1,112 | +0.6% | $20.5M | 7.3% | $117.9 |
| Q4 2018 | 172,858 | 602 | -0.3% | $17.6M | 7.5% | $101.6 |
| Q3 2018 | 173,460 | 46 | -0.0% | $19.8M | 7.0% | $114.4 |
| Q2 2018 | 173,506 | +208 | +0.1% | $17.1M | 6.3% | $98.6 |
| Q1 2018 | 173,298 | +103 | +0.1% | $15.8M | 6.6% | $91.3 |
| Q4 2017 | 173,195 | +695 | +0.4% | $14.8M | 6.9% | $85.5 |
| Q3 2017 | 172,500 | 2,159 | -1.2% | $12.8M | 6.2% | $74.5 |
| Q2 2017 | 174,659 | 4,094 | -2.3% | $12.0M | 6.3% | $68.9 |
| Q1 2017 | 178,753 | 11,787 | -6.2% | $11.8M | 6.2% | $65.9 |
| Q4 2016 | 190,540 | 60,750 | -24.2% | $11.8M | 7.0% | $62.1 |
| Q3 2016 | 251,290 | 4,280 | -1.7% | $14.5M | 8.5% | $57.6 |
| Q2 2016 | 255,570 | — | — | $13.1M | 9.3% | $51.2 |
Methodology & FAQ
How This Position History Is Sourced
Each row is one SEC Form 13F-HR filing disclosing this position. Share count, market value, and reported quarter are taken verbatim from the filing; portfolio weight is recomputed against the same filing's total reported equity book. Implied price-per-share is market value divided by shares — a quarter-end mark, not the manager's cost basis. See the full methodology document for the normalization rules.
When did Night Owl Capital Management, LLC first disclose a MSFT position in 13F-HR filings?
Night Owl Capital Management, LLC first reported MICROSOFT (MSFT) on its 13F-HR filing for the period ending 2016-06-30 (Q2 2016). The position has appeared on 40 reported quarters within Pactolio's tracked window.
What was Night Owl Capital Management, LLC's most recent quarter-over-quarter share-count change in MSFT?
Between Q4 2025 and Q1 2026, Night Owl Capital Management, LLC added 1,139 shares of MSFT (+0.7%), bringing the total reported position to 173,081 shares at a market value of $64.1M.
Does the implied price-per-share represent Night Owl Capital Management, LLC's cost basis in MSFT?
No. The implied price-per-share column is the 13F-HR reported market value divided by reported share count on the filing date (end of quarter). It is a quarter-end mark, not a cost basis or transaction price. Use it as a sanity check on the value column, not as an indicator of the manager's entry or exit price.