Bares Capital Management
13F Holdings and Portfolio Analysis
Brian Bares 2023 Q2 13F holdings, quarterly changes, portfolio value trend and position weight distribution.
Bares Capital Management Overview
Bares Capital Management held 38 stocks in 2023 Q2, with total market value around $2.89B.
Bares Capital Management's top five holdings in 2023 Q2: WORKDAY INC CL A(WDAY) 16.47%, Block, Inc.(XYZ) 10.10%, Pegasystems Inc(PEGA) 9.90%, ETSY INC(ETSY) 7.50%, REDFIN CORP(RDFN) 7.44%.
- Portfolio Value
- $2.89B
- Current Holdings
- 38 stocks
- New / Increased
- 1 / 16
- Reduced / Exited
- 18 / 2
Current Holdings
| 1 | WORKDAY INC CL AWDAY | 0.48 | 16.47% | 2.11 -5.44% | $225.89 | $146.95 -34.95% | $147.94 | -0.12 | 5.25 | -$0.00B-0.67% | Reduced |
| 2 | Block, Inc.XYZ | 0.29 | 10.10% | 4.39 +8.02% | $66.57 | $75.20 +12.96% | $35.03 | +0.33 | 5.25 | +$0.18B+114.67% | Increased |
| 3 | Pegasystems IncPEGA | 0.29 | 9.90% | 5.81 +8.56% | $49.30 | - | $79.18 | +0.46 | 4.00 | -$0.17B-37.74% | Increased |
| 4 | ETSY INCETSY | 0.22 | 7.50% | 2.56 +27.88% | $84.61 | - | $106.32 | +0.56 | 2.25 | -$0.06B-20.42% | Increased |
| 5 | REDFIN CORPRDFN | 0.22 | 7.44% | 17.32 -4.15% | $12.42 | - | $37.13 | -0.75 | 2.50 | -$0.43B-66.55% | Reduced |
| 6 | INTERACTIVE BROKERS GRO-CL AIBKR | 0.21 | 7.39% | 2.57 -0.98% | $83.07 | - | $45.20 | -0.03 | 8.00 | +$0.10B+83.80% | Reduced |
| 7 | Align Technology, Inc.ALGN | 0.19 | 6.73% | 0.55 -35.32% | $353.64 | $130.45 -63.11% | $183.00 | -0.30 | 4.75 | -$0.03B-28.71% | Reduced |
| 8 | COSTAR GROUP INC COMCSGP | 0.19 | 6.44% | 2.09 -0.40% | $89.00 | $32.72 -63.24% | $26.01 | -0.01 | 7.25 | +$0.01B+25.81% | Reduced |
| 9 | Wayfair IncW | 0.15 | 5.10% | 2.27 -0.01% | $65.01 | - | $96.14 | -0.00 | 4.50 | -$0.07B-32.38% | Reduced |
| 10 | Planet Fitness IncCUSIP 72703H101 | 0.13 | 4.66% | 2.00 +3.74% | $67.44 | - | $47.91 | +0.07 | 2.25 | +$0.04B+40.75% | Increased |
| 11 | ALTERYX INCAYX | 0.10 | 3.38% | 2.15 +0.65% | $45.40 | - | $174.40 | +0.01 | 3.50 | -$0.28B-73.97% | Increased |
| 12 | XPEL INC COMXPEL | 0.05 | 1.88% | 0.64 -0.88% | $84.22 | - | $48.76 | -0.01 | 2.00 | +$0.02B+72.71% | Reduced |
| 13 | Alarm.com Holdings Inc.CUSIP 011642105 | 0.03 | 1.19% | 0.67 +5.60% | $51.68 | - | $61.40 | +0.04 | 7.50 | -$0.01B-15.83% | Increased |
| 14 | Farfetch LtdCUSIP 30744W107 | 0.02 | 0.83% | 3.97 - | $6.04 | - | $12.95 | 0.00 | 3.25 | -$0.03B-53.35% | Held |
| 15 | Twilio Inc.TWLO | 0.02 | 0.73% | 0.33 - | $63.62 | - | $60.96 | 0.00 | 3.50 | +$0.00B+4.36% | Held |
| 16 | AGILYSYS INC COMCUSIP 00847J105 | 0.02 | 0.64% | 0.27 -12.90% | $68.64 | - | $47.33 | -0.04 | 2.00 | +$0.01B+45.02% | Reduced |
| 17 | FRANKLIN COVEY CO COMCUSIP 353469109 | 0.02 | 0.61% | 0.41 +48.85% | $43.68 | - | $43.43 | +0.13 | 1.25 | +$0.00B+0.57% | Increased |
| 18 | GUIDEWIRE SOFTWARE INC COMGWRE | 0.02 | 0.60% | 0.23 -2.58% | $76.08 | - | $64.91 | -0.01 | 5.25 | +$0.00B+17.22% | Reduced |
| 19 | Cimpress NVCUSIP G2143T103 | 0.02 | 0.58% | 0.28 -3.44% | $59.48 | - | $84.50 | -0.01 | 3.75 | -$0.01B-29.61% | Reduced |
| 20 | Despegar.com CorpDESP | 0.02 | 0.57% | 2.32 +9.25% | $7.05 | - | $11.44 | +0.20 | 4.75 | -$0.01B-38.39% | Increased |
| 21 | WideOpenWest IncCUSIP 96758W101 | 0.02 | 0.57% | 1.94 +35.49% | $8.44 | - | $10.76 | +0.51 | 2.00 | -$0.00B-21.56% | Increased |
| 22 | Onto Innovation Inc.ONTO | 0.02 | 0.55% | 0.14 -35.38% | $116.47 | - | $110.70 | -0.07 | 2.00 | +$0.00B+5.21% | Reduced |
| 23 | Element Solutions Inc.CUSIP 28618M106 | 0.02 | 0.54% | 0.81 -10.52% | $19.20 | - | $33.97 | -0.10 | 4.75 | -$0.01B-43.48% | Reduced |
| 24 | ASTRONICS CORPATRO | 0.01 | 0.50% | 0.73 -20.00% | $19.86 | - | $13.39 | -0.18 | 3.50 | +$0.00B+48.27% | Reduced |
| 25 | OLO INCABCL | 0.01 | 0.49% | 2.17 +0.36% | $6.46 | - | $4.25 | +0.01 | 1.50 | +$0.00B+51.94% | Increased |
Showing 1-25 of 38
"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 2023 Q2.
| 1 | NATIONAL INSTRS CORP COMCUSIP 636518102 | 0.34 | 8.00 | $33.99 | $52.41 | +$0.01B+54.21% |
| 2 | HESKA CORP COM RESTRC NEWCUSIP 42805E306 | 0.17 | 1.75 | $90.58 | $97.62 | +$0.00B+7.78% |
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.