Bares Capital Management, Inc. — 13F Holdings & Portfolio
CIK 1340807 · latest 13F-HR filed 2025-11-14
AUM is the long-equity portion reported on Form 13F-HR. Excludes short positions, cash, foreign holdings, and non-13F assets. For informational purposes only — not investment advice.
$1.08B
Long-equity book
24
Distinct positions
2025-09-30
Filed 2025-11-14
+2 / −0 / ↑6 / ↓10
vs 2025-06-30
| Name | Title / Status | Ownership | Type |
|---|
Top Adds (vs prior quarter)
- Etsy Inc$22.8M +31.7%
- Wayfair Inc$22.4M +59.6%
- Workday Inc.$15.1M +11.8%
- Medpace Holdings, Inc.$8.0M +16.3%
- CoStar Group$5.8M +5.9%
Top Trims
- Interactive Brokers Group Inc-$25.1M -15.0%
- Align Technology Inc.-$20.7M -21.3%
- StoneX Group Inc-$9.1M -99.6%
- Veeva Systems Inc.-$5.0M -18.7%
- Middleby Corp-$604.7K -7.7%
Rows tagged Call or Put are options positions, not stock. Per SEC Form 13F-HR, Value shows the notional value of the underlying (shares covered × underlying price), not the option premium. Shares is the number of underlying shares covered (divide by 100 for contract count).
| # | Issuer | Symbol | CUSIP | Value | Weight | Shares | Type |
|---|---|---|---|---|---|---|---|
| 1 | Pegasystems Inc | PEGA | 705573103 | $194.4M | 17.93% | 3,380,345 | SH |
| 2 | Block Inc | XYZ | 852234103 | $144.0M | 13.28% | 1,991,847 | SH |
| 3 | Workday Inc. | WDAY | 98138H101 | $142.9M | 13.19% | 593,755 | SH |
| 4 | Interactive Brokers Group Inc | IBKR | 45841N107 | $141.8M | 13.08% | 2,060,589 | SH |
| 5 | CoStar Group | CSGP | 22160N109 | $103.5M | 9.54% | 1,226,251 | SH |
| 6 | Etsy Inc | ETSY | 29786A106 | $94.7M | 8.73% | 1,425,825 | SH |
| 7 | Align Technology Inc. | ALGN | 016255101 | $76.3M | 7.04% | 609,722 | SH |
| 8 | Wayfair Inc | W | 94419L101 | $60.1M | 5.54% | 672,486 | SH |
| 9 | Medpace Holdings, Inc. | MEDP | 58506Q109 | $57.3M | 5.29% | 111,507 | SH |
| 10 | Globus Medical Inc Class A | GMED | 379577208 | $29.8M | 2.75% | 521,129 | SH |
| 11 | Veeva Systems Inc. | VEEV | 922475108 | $21.9M | 2.02% | 73,360 | SH |
| 12 | Onto Innovation Inc. | ONTO | 683344105 | $9.7M | 0.90% | 75,450 | SH |
| 13 | Middleby Corp | MIDD | 596278101 | $7.3M | 0.67% | 54,625 | SH |
| 14 | Amphenol Corporation Class A | APH | 032095101 | $43.7K | 0.00% | 353 | SH |
| 15 | StoneX Group Inc | SNEX | 861896108 | $40.6K | 0.00% | 402 | SH |
| 16 | HEICO Corporation Class A | HEI.A | 422806208 | $31.0K | 0.00% | 122 | SH |
| 17 | APi Group Corporation | APG | 00187Y100 | $30.1K | 0.00% | 877 | SH |
| 18 | AMETEK Inc | AME | 031100100 | $28.6K | 0.00% | 152 | SH |
| 19 | Brown & Brown Inc | BRO | 115236101 | $24.3K | 0.00% | 259 | SH |
| 20 | Ferguson Enterprises Inc. | FERG | 31488V107 | $23.1K | 0.00% | 103 | SH |
| 21 | Watsco Inc | WSO | 942622200 | $18.2K | 0.00% | 45 | SH |
| 22 | Moody`s Corporation | MCO | 615369105 | $16.2K | 0.00% | 34 | SH |
| 23 | Tyler Technologies, Inc. | TYL | 902252105 | $14.6K | 0.00% | 28 | SH |
| 24 | Verisk Analytics Inc. | VRSK | 92345Y106 | $14.6K | 0.00% | 58 | SH |
| Period | Filed | AUM | Holdings | Accession |
|---|---|---|---|---|
| 2025-09-30 | 2025-11-14 | $1.08B | 24 | 0001340807-25-000009 |
| 2025-06-30 | 2025-08-14 | $1.03B | 22 | 0001340807-25-000005 |