Bares Capital Management
13F Holdings and Portfolio Analysis
Brian Bares 2013 Q4 13F holdings, quarterly changes, portfolio value trend and position weight distribution.
Bares Capital Management Overview
Bares Capital Management held 64 stocks in 2013 Q4, with total market value around $1.16B.
Bares Capital Management's top five holdings in 2013 Q4: Post Holdings Inc 9.48%, Actuant Corporation 9.47%, Colfax Corporation 8.49%, XPO Logistics Inc 8.06%, Corporate Executive Board 7.92%.
- Portfolio Value
- $1.16B
- Current Holdings
- 64 stocks
- New / Increased
- 2 / 12
- Reduced / Exited
- 25 / 6
Current Holdings
| 1 | Post Holdings IncCUSIP 737446104 | 0.11 | 9.48% | 2.23 +47.46% | $49.27 | - | $44.16 | +0.72 | 0.75 | +$0.01B+11.57% | Increased |
| 2 | Actuant CorporationCUSIP 00508X203 | 0.11 | 9.47% | 2.99 +28.73% | $36.64 | - | $33.79 | +0.67 | 0.75 | +$0.01B+8.44% | Increased |
| 3 | Colfax CorporationCUSIP 194014106 | 0.10 | 8.49% | 1.54 +10.28% | $63.69 | - | $53.19 | +0.14 | 0.75 | +$0.02B+19.74% | Increased |
| 4 | XPO Logistics IncCUSIP 983793100 | 0.09 | 8.06% | 3.55 +17.61% | $26.29 | - | $20.49 | +0.53 | 0.75 | +$0.02B+28.32% | Increased |
| 5 | Corporate Executive BoardCUSIP 21988R102 | 0.09 | 7.92% | 1.18 -0.25% | $77.43 | - | $63.22 | -0.00 | 0.75 | +$0.02B+22.48% | Reduced |
| 6 | Middleby CorpMIDD | 0.08 | 7.01% | 0.34 -0.29% | $239.75 | - | $170.09 | -0.00 | 0.75 | +$0.02B+40.96% | Reduced |
| 7 | Winmark CorpCUSIP 974250102 | 0.08 | 6.67% | 0.83 -0.29% | $92.62 | - | $64.87 | -0.00 | 0.75 | +$0.02B+42.78% | Reduced |
| 8 | RealD IncCUSIP 75604L105 | 0.07 | 5.92% | 8.02 +0.71% | $8.54 | - | $12.09 | +0.06 | 0.75 | -$0.03B-29.39% | Increased |
| 9 | Masimo CorporationCUSIP 574795100 | 0.06 | 5.44% | 2.15 -9.93% | $29.23 | - | $21.20 | -0.24 | 0.75 | +$0.02B+37.88% | Reduced |
| 10 | INTL FCStone IncCUSIP 46116V105 | 0.05 | 4.20% | 2.63 -13.20% | $18.49 | - | $17.45 | -0.40 | 0.75 | +$0.00B+5.97% | Reduced |
| 11 | HEICO CORP NEW CL AHEI.A | 0.05 | 3.91% | 1.07 +27.36% | $42.12 | - | $38.03 | +0.23 | 0.75 | +$0.00B+10.76% | Increased |
| 12 | Americas Car Mart IncCUSIP 03062T105 | 0.04 | 3.47% | 0.95 +57.54% | $42.23 | - | $44.06 | +0.35 | 0.50 | -$0.00B-4.15% | Increased |
| 13 | Female Health CoCUSIP 314462102 | 0.04 | 3.05% | 4.15 -0.01% | $8.50 | - | $9.86 | -0.00 | 0.75 | -$0.01B-13.79% | Reduced |
| 14 | Interactive IntelligenceCUSIP 45841V109 | 0.03 | 2.29% | 0.39 -52.85% | $67.36 | - | $103.13 | -0.44 | 0.75 | -$0.01B-34.69% | Reduced |
| 15 | US Ecology IncCUSIP 91732J102 | 0.02 | 1.99% | 0.62 | $37.10 | - | $37.10 | +0.62 | 0.25 | $0.00B0.00% | New |
| 16 | Utah Medical ProductsCUSIP 917488108 | 0.02 | 1.97% | 0.40 -5.43% | $57.16 | - | $54.30 | -0.02 | 0.75 | +$0.00B+5.27% | Reduced |
| 17 | Travelzoo IncCUSIP 89421Q106 | 0.02 | 1.97% | 1.07 +5.76% | $21.32 | - | $26.94 | +0.06 | 0.75 | -$0.01B-20.85% | Increased |
| 18 | Tandy Leather Factory IncCUSIP 87538X105 | 0.02 | 1.38% | 1.63 - | $9.76 | - | $7.78 | 0.00 | 0.75 | +$0.00B+25.45% | Held |
| 19 | Reis IncCUSIP 75936P105 | 0.01 | 1.26% | 0.76 +49.58% | $19.23 | - | $17.81 | +0.25 | 0.75 | +$0.00B+7.98% | Increased |
| 20 | Cherokee IncCUSIP 16444H102 | 0.01 | 1.25% | 1.05 +0.27% | $13.80 | - | $12.80 | +0.00 | 0.75 | +$0.00B+7.79% | Increased |
| 21 | Omega Flex IncCUSIP 682095104 | 0.01 | 0.97% | 0.55 - | $20.46 | - | $14.87 | 0.00 | 0.75 | +$0.00B+37.60% | Held |
| 22 | Hallmark Financial ServicesCUSIP 40624Q203 | 0.01 | 0.66% | 0.86 -39.36% | $8.89 | - | $9.14 | -0.56 | 0.75 | -$0.00B-2.79% | Reduced |
| 23 | ConocoPhillipsCOP | 0.00 | 0.18% | 0.03 - | $70.67 | $119.09 +68.52% | $60.50 | 0.00 | 0.75 | +$0.00B+96.84% | Held |
| 24 | Berkshire Hathaway Inc BCUSIP 84670702 | 0.00 | 0.17% | 0.02 -0.15% | $118.55 | - | $111.90 | -0.00 | 0.75 | +$0.00B+5.94% | Reduced |
| 25 | Vanguard Emerging MarketsCUSIP 922042858 | 0.00 | 0.17% | 0.05 +0.20% | $41.14 | - | $39.41 | +0.00 | 0.75 | +$0.00B+4.39% | Increased |
Showing 1-25 of 64
"Holding Period (yrs)" is the latest uninterrupted holding duration, calculated by dividing continuous reported quarters by 4.
Cost basis is an estimate and can differ materially from the actual cost, especially in edge cases.
Cost basis estimate: from the latest uninterrupted holding period, new or increased shares are added to the cost pool at the report price; reductions remove shares at the then-average cost. Example: buy 100 shares at $10 in Q1 and add 50 shares at $16 in Q2, estimated cost basis is (100 x 10 + 50 x 16) / 150 = $12 per share.
Return shows estimated dollar return on top and percentage return below. It uses current price when available, otherwise report price.
Exited Holdings
Stocks no longer disclosed in the current 13F portfolio for 2013 Q4.
| 1 | American Public EducationCUSIP 02913V103 | 1.78 | 0.50 | $37.16 | $43.39 | +$0.01B+16.77% |
| 2 | Zimmer Holdings IncCUSIP 98956P102 | 0.01 | 0.50 | $74.96 | $82.10 | +$0.00B+9.52% |
| 3 | Sears Holdings CorporatioCUSIP 812350106 | 0.01 | 0.50 | $42.12 | $49.04 | +$0.00B+16.43% |
| 4 | Walgreen CoCUSIP 931422109 | 0.00 | 0.25 | $53.74 | $53.74 | $0.00B0.00% |
| 5 | Travelcenters of AmericaCUSIP 894174101 | 0.03 | 0.50 | $10.93 | $7.87 | -$0.00B-28.05% |
| 6 | PoweShares Insured NaionaCUSIP 73936T474 | 0.01 | 0.50 | $23.95 | $23.03 | -$0.00B-3.83% |
Showing 1-6 of 6
Exited holdings are stocks disclosed in the previous report period but no longer disclosed in the current 13F portfolio.
"Holding Period (yrs)" is the latest uninterrupted holding duration, calculated by dividing continuous reported quarters by 4.
Cost basis uses the same weighted cost-pool method as current holdings. Estimated exit price uses the current report period weighted report price when available, otherwise the previous report price; it does not represent the actual sale price.
Exit return shows estimated dollar return on top and percentage return below.
Portfolio Visuals
Track portfolio value, position weights and Top 10 history.