Bares Capital Management
13F Holdings and Portfolio Analysis
Brian Bares 2023 Q1 13F holdings, quarterly changes, portfolio value trend and position weight distribution.
Bares Capital Management Overview
Bares Capital Management held 39 stocks in 2023 Q1, with total market value around $2.82B.
Bares Capital Management's top five holdings in 2023 Q1: WORKDAY INC CL A(WDAY) 16.30%, Align Technology, Inc.(ALGN) 10.07%, Block, Inc.(XYZ) 9.87%, Pegasystems Inc(PEGA) 9.18%, ETSY INC(ETSY) 7.90%.
- Portfolio Value
- $2.82B
- Current Holdings
- 39 stocks
- New / Increased
- 1 / 12
- Reduced / Exited
- 26 / 0
Current Holdings
| 1 | WORKDAY INC CL AWDAY | 0.46 | 16.30% | 2.23 -6.26% | $206.54 | $146.95 -28.85% | $147.94 | -0.15 | 5.00 | -$0.00B-0.67% | Reduced |
| 2 | Align Technology, Inc.ALGN | 0.28 | 10.07% | 0.85 -8.97% | $334.14 | $130.45 -60.96% | $183.00 | -0.08 | 4.50 | -$0.04B-28.71% | Reduced |
| 3 | Block, Inc.XYZ | 0.28 | 9.87% | 4.06 -38.51% | $68.65 | $75.20 +9.54% | $32.50 | -2.54 | 5.00 | +$0.17B+131.37% | Reduced |
| 4 | Pegasystems IncPEGA | 0.26 | 9.18% | 5.35 -3.62% | $48.48 | - | $81.74 | -0.20 | 3.75 | -$0.18B-40.69% | Reduced |
| 5 | ETSY INCETSY | 0.22 | 7.90% | 2.00 +35.15% | $111.33 | - | $112.38 | +0.52 | 2.00 | -$0.00B-0.93% | Increased |
| 6 | INTERACTIVE BROKERS GRO-CL AIBKR | 0.21 | 7.59% | 2.60 -15.27% | $82.56 | - | $45.20 | -0.47 | 7.75 | +$0.10B+82.67% | Reduced |
| 7 | REDFIN CORPRDFN | 0.16 | 5.80% | 18.07 -9.10% | $9.06 | - | $37.13 | -1.81 | 2.25 | -$0.51B-75.60% | Reduced |
| 8 | Planet Fitness IncCUSIP 72703H101 | 0.15 | 5.30% | 1.93 -6.61% | $77.67 | - | $47.18 | -0.14 | 2.00 | +$0.06B+64.61% | Reduced |
| 9 | COSTAR GROUP INC COMCSGP | 0.14 | 5.12% | 2.10 -2.66% | $68.85 | $32.72 -52.48% | $26.01 | -0.06 | 7.00 | +$0.01B+25.81% | Reduced |
| 10 | ALTERYX INCAYX | 0.13 | 4.45% | 2.14 -15.29% | $58.84 | - | $175.24 | -0.39 | 3.25 | -$0.25B-66.42% | Reduced |
| 11 | Wayfair IncW | 0.08 | 2.76% | 2.27 -7.64% | $34.34 | - | $96.14 | -0.19 | 4.25 | -$0.14B-64.28% | Reduced |
| 12 | XPEL INC COMXPEL | 0.04 | 1.56% | 0.65 -2.72% | $67.95 | - | $48.76 | -0.02 | 1.75 | +$0.01B+39.34% | Reduced |
| 13 | Alarm.com Holdings Inc.CUSIP 011642105 | 0.03 | 1.13% | 0.63 -1.28% | $50.28 | - | $61.94 | -0.01 | 7.25 | -$0.01B-18.82% | Reduced |
| 14 | AGILYSYS INC COMCUSIP 00847J105 | 0.03 | 0.91% | 0.31 -38.55% | $82.51 | - | $47.33 | -0.19 | 1.75 | +$0.01B+74.32% | Reduced |
| 15 | Twilio Inc.TWLO | 0.02 | 0.78% | 0.33 -16.57% | $66.63 | - | $60.96 | -0.07 | 3.25 | +$0.00B+9.29% | Reduced |
| 16 | Farfetch LtdCUSIP 30744W107 | 0.02 | 0.69% | 3.97 -14.07% | $4.91 | - | $12.95 | -0.65 | 3.00 | -$0.03B-62.08% | Reduced |
| 17 | GUIDEWIRE SOFTWARE INC COMGWRE | 0.02 | 0.68% | 0.23 -19.95% | $82.05 | - | $64.91 | -0.06 | 5.00 | +$0.00B+26.41% | Reduced |
| 18 | Onto Innovation Inc.ONTO | 0.02 | 0.66% | 0.21 +4.59% | $87.88 | - | $73.80 | +0.01 | 1.75 | +$0.00B+19.08% | Increased |
| 19 | NATIONAL INSTRS CORP COMCUSIP 636518102 | 0.02 | 0.63% | 0.34 -26.60% | $52.41 | - | $33.99 | -0.12 | 8.00 | +$0.01B+54.21% | Reduced |
| 20 | OLO INCABCL | 0.02 | 0.63% | 2.17 -8.76% | $8.16 | - | $4.24 | -0.21 | 1.25 | +$0.01B+92.29% | Reduced |
| 21 | Element Solutions Inc.CUSIP 28618M106 | 0.02 | 0.62% | 0.90 -5.38% | $19.31 | - | $33.97 | -0.05 | 4.50 | -$0.01B-43.15% | Reduced |
| 22 | HESKA CORP COM RESTRC NEWCUSIP 42805E306 | 0.02 | 0.57% | 0.17 +49.32% | $97.62 | - | $90.58 | +0.05 | 1.75 | +$0.00B+7.78% | Increased |
| 23 | Pagerduty IncCUSIP 69553P100 | 0.02 | 0.57% | 0.46 -42.00% | $34.98 | - | $22.61 | -0.33 | 3.25 | +$0.01B+54.73% | Reduced |
| 24 | WideOpenWest IncCUSIP 96758W101 | 0.02 | 0.54% | 1.43 +13.67% | $10.63 | - | $11.58 | +0.17 | 1.75 | -$0.00B-8.23% | Increased |
| 25 | Evertec IncCUSIP 30040P103 | 0.01 | 0.52% | 0.43 +7.35% | $33.75 | - | $43.17 | +0.03 | 1.75 | -$0.00B-21.82% | Increased |
Showing 1-25 of 39
"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.
Portfolio Visuals
Track portfolio value, position weights and Top 10 history.