Bares Capital Management
13F Holdings and Portfolio Analysis
Brian Bares 2019 Q4 13F holdings, quarterly changes, portfolio value trend and position weight distribution.
Bares Capital Management Overview
Bares Capital Management held 23 stocks in 2019 Q4, with total market value around $3.57B.
Bares Capital Management's top five holdings in 2019 Q4: WORKDAY INC CL A(WDAY) 11.34%, Wayfair Inc(W) 11.18%, Gartner Inc. 10.39%, INTERACTIVE BROKERS GRO-CL A(IBKR) 9.77%, Align Technology, Inc.(ALGN) 9.32%.
- Portfolio Value
- $3.57B
- Current Holdings
- 23 stocks
- New / Increased
- 1 / 12
- Reduced / Exited
- 10 / 2
Current Holdings
| 1 | WORKDAY INC CL AWDAY | 0.40 | 11.34% | 2.46 +20.01% | $164.45 | $146.95 -10.64% | $151.98 | +0.41 | 1.75 | -$0.01B-3.31% | Increased |
| 2 | Wayfair IncW | 0.40 | 11.18% | 4.41 +83.77% | $90.37 | - | $95.01 | +2.01 | 1.00 | -$0.02B-4.88% | Increased |
| 3 | Gartner Inc.CUSIP 366651107 | 0.37 | 10.39% | 2.40 -0.94% | $154.10 | - | $116.05 | -0.02 | 4.75 | +$0.09B+32.78% | Reduced |
| 4 | INTERACTIVE BROKERS GRO-CL AIBKR | 0.35 | 9.77% | 7.47 +0.48% | $46.62 | - | $44.89 | +0.04 | 4.50 | +$0.01B+3.86% | Increased |
| 5 | Align Technology, Inc.ALGN | 0.33 | 9.32% | 1.19 +13.42% | $279.04 | $130.45 -53.25% | $52.54 | +0.14 | 1.25 | +$0.09B+148.29% | Increased |
| 6 | Block, Inc.XYZ | 0.32 | 9.10% | 5.19 +6.61% | $62.56 | $75.20 +20.20% | $68.65 | +0.32 | 1.75 | +$0.03B+9.53% | Increased |
| 7 | Pegasystems IncPEGA | 0.28 | 7.99% | 3.58 +675.17% | $79.65 | - | $78.15 | +3.12 | 0.50 | +$0.01B+1.91% | Increased |
| 8 | COSTAR GROUP INC COMCSGP | 0.22 | 6.16% | 0.37 +1.17% | $598.30 | $32.72 -94.53% | $227.61 | +0.00 | 3.75 | -$0.07B-85.62% | Increased |
| 9 | UNDER ARMOUR INC CL CUA | 0.20 | 5.55% | 10.32 -0.15% | $19.18 | - | $20.93 | -0.02 | 3.25 | -$0.02B-8.35% | Reduced |
| 10 | Element Solutions Inc.CUSIP 28618M106 | 0.13 | 3.63% | 11.09 -11.32% | $11.68 | - | $10.33 | -1.42 | 1.25 | +$0.01B+13.07% | Reduced |
| 11 | Box, IncCUSIP 10316T104 | 0.10 | 2.80% | 5.94 -7.97% | $16.78 | - | $13.09 | -0.51 | 4.00 | +$0.02B+28.16% | Reduced |
| 12 | Papa John's International Inc.CUSIP 698813102 | 0.07 | 2.08% | 1.17 -18.82% | $63.15 | - | $51.16 | -0.27 | 1.75 | +$0.01B+23.44% | Reduced |
| 13 | Alarm.com Holdings, Inc.CUSIP 011642105 | 0.07 | 1.84% | 1.52 +26.76% | $42.97 | - | $37.48 | +0.32 | 4.00 | +$0.01B+14.64% | Increased |
| 14 | Zuora IncCUSIP 98983V106 | 0.04 | 1.21% | 3.02 +11.04% | $14.33 | - | $15.20 | +0.30 | 0.75 | -$0.00B-5.69% | Increased |
| 15 | Tyler Technologies, Inc.TYL | 0.04 | 1.09% | 0.13 +1.13% | $300.02 | - | $229.39 | +0.00 | 1.75 | +$0.01B+30.79% | Increased |
| 16 | Cimpress NVCUSIP G2143T103 | 0.04 | 1.08% | 0.31 | $125.77 | - | $125.77 | +0.31 | 0.25 | $0.00B0.00% | New |
| 17 | GUIDEWIRE SOFTWARE INC COMGWRE | 0.04 | 1.05% | 0.34 +11.40% | $109.77 | - | $98.08 | +0.03 | 1.75 | +$0.00B+11.93% | Increased |
| 18 | Middleby CorpMIDD | 0.04 | 1.02% | 0.33 +4.56% | $109.52 | - | $108.73 | +0.01 | 1.75 | +$0.00B+0.73% | Increased |
| 19 | FASTENAL CO COMMON STOCKFAST | 0.03 | 0.94% | 0.90 -86.91% | $36.95 | - | $173.63 | -5.99 | 4.75 | -$0.12B-78.72% | Reduced |
| 20 | Despegar.com CorpDESP | 0.03 | 0.83% | 2.18 -6.43% | $13.48 | - | $13.70 | -0.15 | 1.25 | -$0.00B-1.61% | Reduced |
| 21 | NATIONAL INSTRS CORP COMCUSIP 636518102 | 0.03 | 0.75% | 0.63 -55.03% | $42.34 | - | $33.08 | -0.78 | 4.75 | +$0.01B+28.00% | Reduced |
| 22 | TRIPADVISOR INCTRIP | 0.02 | 0.58% | 0.68 -84.71% | $30.38 | - | $42.94 | -3.77 | 2.00 | -$0.01B-29.25% | Reduced |
| 23 | COMSCORE INC COMCUSIP 20564W105 | 0.01 | 0.30% | 2.17 -9.17% | $4.94 | - | $26.05 | -0.22 | 3.50 | -$0.05B-81.04% | Reduced |
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 2019 Q4.
| 1 | Cimpress NVCUSIP N20146101 | 0.33 | 0.75 | $81.37 | $131.84 | +$0.02B+62.02% |
| 2 | Elf Beauty IncCUSIP 26856L103 | 0.01 | 2.00 | $17.63 | $17.55 | -$0.00B-0.42% |
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.