Night Owl Capital Management, LLC
Data sourced from SEC public records (and other sources when available). Refreshed weekly • Updated today.
Client AUMClient assets under management
$743,000,000
Clients
196
Advisors
5
of 8 employees
About
Night Owl Capital Management is an SEC‑registered adviser that provides discretionary portfolio management to individuals (including high‑net‑worth clients) and institutional accounts through separately managed accounts, and it also serves as investment manager to a private investment fund and as sub‑advisor to at least one pooled investment vehicle. The firm manages roughly $1.1 billion in discretionary assets across under 200 client relationships and does not provide general wealth management or comprehensive financial planning services, instead advising on the portion of assets clients allocate to its strategy.
The firm’s investment approach centers on concentrated, long‑term public equity investments in growing companies using fundamental analysis and discounted free cash flow valuation, typically holding a compact portfolio (generally 15–25 names) with position sizing determined by the estimated dispersion of outcomes rather than fixed limits. For its private fund and pooled vehicles the manager may pursue strategies that are less suitable for separately managed accounts — including higher concentration, illiquid securities, short positions, leverage, special situations and derivatives — and treats allocation and execution across pooled and separate accounts with pro rata or alternate methodologies as described in the brochure.
Noteworthy for a team firm of this scale, Night Owl operates both a private fund vehicle (with an affiliated general partner) and acts as a sub‑advisor to other pooled vehicles, arrangements that the brochure highlights can lead to side‑by‑side management and specific allocation and execution procedures. The firm also furnishes regular performance reporting to separately managed account clients and fund investors (quarterly client performance reports and monthly/audited fund reports) and discloses that senior investment professionals and the general partner have invested in the Fund, a practice the brochure notes creates both alignment and potential conflicts of interest.
Client services
Expertise
Fee options
$0 - $25 million: 1.25% annually $25 million - $100 million: 1.0% annually $100 million - $200 million: 0.80% annually $200 million+: 0.70% annually
Account minimum: $10,000,000 Fee-only: 1.0% annually for private investment fund management fee
Main office
102 Greenwich Avenue
Greenwich CT 06830
Advisors at this office
5
Most active in
California · Colorado · Connecticut · Florida · Louisiana · Massachusetts · New Jersey · New York · North Carolina · Pennsylvania · South Carolina · Texas
Also doing business as
Night Owl Capital Management, LLC · Southfield Investment Advisors Inc · Southfield Investment Management, Inc. · Southfield Investment Management, LLC
Disclosures
Exclamation point means they have disclosures of this type. Check mark means no disclosures of this type were found.
Business activities & affiliations
Is active or affiliated with:
Fund sponsor
They manage or sponsor investment funds and may earn management or performance-based fees if clients invest in them.
Is not active or affiliated with:
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Insurance agent
They sell insurance products and may earn commissions on those sales.
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Broker-dealer / trader
They provide brokerage services and may earn transaction-based compensation in addition to advisory fees.
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Bank
They're affiliated with a bank that may offer its own financial products and services.
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Trust company
They provide trust and estate administration services, typically for separate fees.
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Accountant / CPA / tax prep
They offer tax and accounting services, typically for separate fees.
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Lawyer
They provide legal services, typically billed separately.
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Real estate agent
They facilitate real estate transactions and may earn commissions.
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Other specialized services
They may provide services such as pension consulting or municipal advisory work, typically for separate fees.
Advisors at this firm
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