Bares Capital Management
13F Holdings and Portfolio Analysis
Brian Bares 2018 Q4 13F holdings, quarterly changes, portfolio value trend and position weight distribution.
Bares Capital Management Overview
Bares Capital Management held 23 stocks in 2018 Q4, with total market value around $3.29B.
Bares Capital Management's top five holdings in 2018 Q4: INTERACTIVE BROKERS GRO-CL A(IBKR) 11.50%, WORKDAY INC CL A(WDAY) 9.32%, Gartner Inc. 9.01%, TRIPADVISOR INC(TRIP) 8.59%, FASTENAL CO COMMON STOCK(FAST) 7.55%.
- Portfolio Value
- $3.29B
- Current Holdings
- 23 stocks
- New / Increased
- 3 / 16
- Reduced / Exited
- 4 / 2
Current Holdings
| 1 | INTERACTIVE BROKERS GRO-CL AIBKR | 0.38 | 11.50% | 6.93 +18.29% | $54.65 | - | $44.29 | +1.07 | 3.50 | +$0.07B+23.38% | Increased |
| 2 | WORKDAY INC CL AWDAY | 0.31 | 9.32% | 1.92 +8.67% | $159.68 | $146.95 -7.97% | $147.03 | +0.15 | 0.75 | -$0.00B-0.06% | Increased |
| 3 | Gartner Inc.CUSIP 366651107 | 0.30 | 9.01% | 2.32 +5.97% | $127.84 | - | $114.60 | +0.13 | 3.75 | +$0.03B+11.55% | Increased |
| 4 | TRIPADVISOR INCTRIP | 0.28 | 8.59% | 5.24 +2.87% | $53.94 | - | $43.05 | +0.15 | 1.00 | +$0.06B+25.28% | Increased |
| 5 | FASTENAL CO COMMON STOCKFAST | 0.25 | 7.55% | 4.75 +4.23% | $52.29 | - | $45.02 | +0.19 | 3.75 | +$0.03B+16.14% | Increased |
| 6 | Middleby CorpMIDD | 0.22 | 6.74% | 2.16 +11.01% | $102.73 | - | $108.69 | +0.21 | 0.75 | -$0.01B-5.48% | Increased |
| 7 | NATIONAL INSTRS CORP COMCUSIP 636518102 | 0.20 | 6.11% | 4.44 +2.60% | $45.38 | - | $33.08 | +0.11 | 3.75 | +$0.05B+37.19% | Increased |
| 8 | COSTAR GROUP INC COMCSGP | 0.20 | 6.06% | 0.59 +4.74% | $337.34 | $32.72 -90.30% | $223.27 | +0.03 | 2.75 | -$0.11B-85.34% | Increased |
| 9 | Element Solutions Inc.CUSIP 28618M106 | 0.19 | 5.67% | 18.07 | $10.33 | - | $10.33 | +18.07 | 0.25 | $0.00B0.00% | New |
| 10 | Alarm.com Holdings, Inc.CUSIP 011642105 | 0.18 | 5.42% | 3.44 -3.30% | $51.87 | - | $36.01 | -0.12 | 3.00 | +$0.05B+44.03% | Reduced |
| 11 | UNDER ARMOUR INC CL CUA | 0.17 | 5.24% | 10.67 +5.01% | $16.17 | - | $21.01 | +0.51 | 2.25 | -$0.05B-23.03% | Increased |
| 12 | WATERS CORP COMWAT | 0.17 | 5.16% | 0.90 +0.12% | $188.65 | $379.82 +101.34% | $144.98 | +0.00 | 3.75 | +$0.21B+161.98% | Increased |
| 13 | Box, IncCUSIP 10316T104 | 0.16 | 4.82% | 9.41 +24.64% | $16.88 | - | $13.09 | +1.86 | 3.00 | +$0.04B+28.92% | Increased |
| 14 | Papa John's International Inc.CUSIP 698813102 | 0.06 | 1.90% | 1.57 -5.76% | $39.81 | - | $50.82 | -0.10 | 0.75 | -$0.02B-21.66% | Reduced |
| 15 | COMSCORE INC COMCUSIP 20564W105 | 0.05 | 1.55% | 3.53 +0.34% | $14.43 | - | $26.05 | +0.01 | 2.50 | -$0.04B-44.62% | Increased |
| 16 | Colfax CorporationCUSIP 194014106 | 0.03 | 0.95% | 1.49 -50.53% | $20.90 | - | $31.88 | -1.52 | 5.75 | -$0.02B-34.44% | Reduced |
| 17 | Block, Inc.XYZ | 0.03 | 0.92% | 0.54 +45.81% | $56.09 | $75.20 +34.07% | $65.62 | +0.17 | 0.75 | +$0.01B+14.61% | Increased |
| 18 | GUIDEWIRE SOFTWARE INC COMGWRE | 0.03 | 0.80% | 0.33 +24.79% | $80.23 | - | $96.73 | +0.07 | 0.75 | -$0.01B-17.06% | Increased |
| 19 | Tyler Technologies, Inc.TYL | 0.02 | 0.73% | 0.13 +32.06% | $185.82 | - | $230.39 | +0.03 | 0.75 | -$0.01B-19.35% | Increased |
| 20 | ANSYS INC COMANSS | 0.02 | 0.73% | 0.17 +29.08% | $142.94 | - | $104.54 | +0.04 | 3.75 | +$0.01B+36.73% | Increased |
| 21 | Align Technology, Inc.ALGN | 0.02 | 0.57% | 0.09 | $209.43 | $130.45 -37.71% | $209.43 | +0.09 | 0.25 | -$0.01B-37.71% | New |
| 22 | Elf Beauty IncCUSIP 26856L103 | 0.01 | 0.45% | 1.69 -42.33% | $8.66 | - | $19.66 | -1.24 | 1.25 | -$0.02B-55.96% | Reduced |
| 23 | Despegar.com CorpDESP | 0.01 | 0.22% | 0.58 | $12.41 | - | $12.41 | +0.58 | 0.25 | $0.00B0.00% | New |
Showing 1-23 of 23
"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 2018 Q4.
| 1 | Platform Specialty Products CoCUSIP 72766Q105 | 18.81 | 4.75 | $11.43 | $12.47 | +$0.02B+9.11% |
| 2 | Athenahealth, Inc.CUSIP 04685W103 | 0.11 | 0.50 | $134.02 | $133.60 | -$0.00B-0.31% |
Showing 1-2 of 2
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.