Bares Capital Management
13F Holdings and Portfolio Analysis
Brian Bares 2020 Q1 13F holdings, quarterly changes, portfolio value trend and position weight distribution.
Bares Capital Management Overview
Bares Capital Management held 26 stocks in 2020 Q1, with total market value around $2.77B.
Bares Capital Management's top five holdings in 2020 Q1: WORKDAY INC CL A(WDAY) 14.23%, Block, Inc.(XYZ) 13.71%, Pegasystems Inc(PEGA) 10.37%, Align Technology, Inc.(ALGN) 9.71%, INTERACTIVE BROKERS GRO-CL A(IBKR) 9.46%.
- Portfolio Value
- $2.77B
- Current Holdings
- 26 stocks
- New / Increased
- 5 / 10
- Reduced / Exited
- 11 / 2
Current Holdings
| 1 | WORKDAY INC CL AWDAY | 0.39 | 14.23% | 3.03 +23.34% | $130.22 | $146.95 +12.85% | $147.87 | +0.57 | 2.00 | -$0.00B-0.62% | Increased |
| 2 | Block, Inc.XYZ | 0.38 | 13.71% | 7.26 +39.97% | $52.38 | $75.20 +43.57% | $45.77 | +2.07 | 2.00 | +$0.21B+64.30% | Increased |
| 3 | Pegasystems IncPEGA | 0.29 | 10.37% | 4.04 +12.94% | $71.23 | - | $77.36 | +0.46 | 0.75 | -$0.02B-7.92% | Increased |
| 4 | Align Technology, Inc.ALGN | 0.27 | 9.71% | 1.55 +30.03% | $173.95 | $130.45 -25.01% | $80.58 | +0.36 | 1.50 | +$0.08B+61.89% | Increased |
| 5 | INTERACTIVE BROKERS GRO-CL AIBKR | 0.26 | 9.46% | 6.08 -18.65% | $43.17 | - | $44.89 | -1.39 | 4.75 | -$0.01B-3.83% | Reduced |
| 6 | Wayfair IncW | 0.25 | 9.17% | 4.76 +7.84% | $53.44 | - | $91.99 | +0.35 | 1.25 | -$0.18B-41.91% | Increased |
| 7 | Gartner Inc.CUSIP 366651107 | 0.25 | 9.06% | 2.52 +4.99% | $99.57 | - | $115.27 | +0.12 | 5.00 | -$0.04B-13.62% | Increased |
| 8 | COSTAR GROUP INC COMCSGP | 0.22 | 7.99% | 0.38 +2.72% | $587.21 | $32.72 -94.43% | $237.14 | +0.01 | 4.00 | -$0.08B-86.20% | Increased |
| 9 | UNDER ARMOUR INC CL CUA | 0.07 | 2.63% | 9.04 -12.40% | $8.06 | - | $20.93 | -1.28 | 3.50 | -$0.12B-61.49% | Reduced |
| 10 | Element Solutions Inc.CUSIP 28618M106 | 0.06 | 2.05% | 6.80 -38.65% | $8.36 | - | $10.33 | -4.29 | 1.50 | -$0.01B-19.07% | Reduced |
| 11 | Box, IncCUSIP 10316T104 | 0.05 | 1.77% | 3.50 -41.13% | $14.04 | - | $13.09 | -2.44 | 4.25 | +$0.00B+7.23% | Reduced |
| 12 | Alarm.com Holdings, Inc.CUSIP 011642105 | 0.04 | 1.42% | 1.01 -33.59% | $38.91 | - | $37.48 | -0.51 | 4.25 | +$0.00B+3.81% | Reduced |
| 13 | GUIDEWIRE SOFTWARE INC COMGWRE | 0.04 | 1.42% | 0.50 +45.56% | $79.31 | - | $65.38 | +0.16 | 2.00 | +$0.01B+21.30% | Increased |
| 14 | Tyler Technologies, Inc.TYL | 0.03 | 1.18% | 0.11 -14.94% | $296.56 | - | $229.39 | -0.02 | 2.00 | +$0.01B+29.29% | Reduced |
| 15 | Twilio Inc.TWLO | 0.02 | 0.89% | 0.28 | $89.49 | - | $89.49 | +0.28 | 0.25 | $0.00B0.00% | New |
| 16 | NATIONAL INSTRS CORP COMCUSIP 636518102 | 0.02 | 0.86% | 0.72 +13.94% | $33.08 | - | $33.08 | +0.09 | 5.00 | +$0.00B0.00% | Increased |
| 17 | Middleby CorpMIDD | 0.02 | 0.81% | 0.39 +18.18% | $56.88 | - | $100.75 | +0.06 | 2.00 | -$0.02B-43.54% | Increased |
| 18 | Zuora IncCUSIP 98983V106 | 0.02 | 0.71% | 2.45 -18.99% | $8.05 | - | $15.20 | -0.57 | 1.00 | -$0.02B-47.02% | Reduced |
| 19 | Papa John's International Inc.CUSIP 698813102 | 0.02 | 0.65% | 0.34 -71.39% | $53.37 | - | $51.16 | -0.84 | 2.00 | +$0.00B+4.33% | Reduced |
| 20 | ALTERYX INCAYX | 0.02 | 0.63% | 0.18 | $95.17 | - | $95.17 | +0.18 | 0.25 | $0.00B0.00% | New |
| 21 | Pagerduty IncCUSIP 69553P100 | 0.01 | 0.35% | 0.56 | $17.28 | - | $17.28 | +0.56 | 0.25 | $0.00B0.00% | New |
| 22 | Despegar.com CorpDESP | 0.01 | 0.27% | 1.33 -39.03% | $5.67 | - | $13.70 | -0.85 | 1.50 | -$0.01B-58.62% | Reduced |
| 23 | Cimpress NVCUSIP G2143T103 | 0.01 | 0.25% | 0.13 -56.79% | $53.20 | - | $125.77 | -0.17 | 0.50 | -$0.01B-57.70% | Reduced |
| 24 | Mimecast LimitedCUSIP G14838109 | 0.01 | 0.20% | 0.16 | $35.30 | - | $35.30 | +0.16 | 0.25 | $0.00B0.00% | New |
| 25 | COMSCORE INC COMCUSIP 20564W105 | 0.00 | 0.14% | 1.34 -38.06% | $2.82 | - | $26.05 | -0.82 | 3.75 | -$0.03B-89.18% | Reduced |
Showing 1-25 of 26
"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 2020 Q1.
| 1 | FASTENAL CO COMMON STOCKFAST | 0.90 | 4.75 | $173.63 | $31.25 | -$0.13B-82.00% |
| 2 | TRIPADVISOR INCTRIP | 0.68 | 2.00 | $42.94 | $17.39 | -$0.02B-59.50% |
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.