Bares Capital Management 13F, Q2 2023
Brian Bares · quarter ending 30 June 2023 · filed 14 August 2023 · SEC CIK 1340807
Common stock only: shares the fund reported owning at the quarter end, valued as filed.
Largest positions, Q2 2023
The 25 largest of 38 positions. Weights are against the whole filed book. Changes are in shares held, against the Q1 2023 filing.
| Company | Ticker | Value | % of book | vs Q1 2023 |
|---|---|---|---|---|
| Workday, Inc. | WDAY | $476.20M | 16.5% | -5% shares |
| Block Inc | XYZ | $292.11M | 10.1% | +8% shares |
| Pegasystems Inc | PEGA | $286.31M | 9.9% | +9% shares |
| Etsy Inc | ETSY | $216.86M | 7.5% | +28% shares |
| Redfin Corp | $215.16M | 7.4% | -4% shares | |
| Interactive Brokers Group Inc | IBKR | $213.60M | 7.4% | unchanged |
| Align Technology Inc. | ALGN | $194.73M | 6.7% | -35% shares |
| CoStar Group | CSGP | $186.24M | 6.4% | unchanged |
| Wayfair Inc | W | $147.49M | 5.1% | unchanged |
| Planet Fitness Inc | PLNT | $134.81M | 4.7% | +4% shares |
| Alteryx Inc | $97.68M | 3.4% | unchanged | |
| XPEL Inc. | XPEL | $54.22M | 1.9% | unchanged |
| Alarm.com Holdings Inc. | ALRM | $34.52M | 1.2% | +6% shares |
| Farfetch Ltd | $23.98M | 0.8% | unchanged | |
| Twilio Inc. | TWLO | $21.15M | 0.7% | unchanged |
| AGILYSYS INC COM | AGYS | $18.53M | 0.6% | -13% shares |
| FRANKLIN COVEY CO COM | FC | $17.75M | 0.6% | +49% shares |
| Guidewire Software, Inc. | GWRE | $17.24M | 0.6% | -3% shares |
| Cimpress NV | $16.71M | 0.6% | -3% shares | |
| Despegar.com Corp | $16.36M | 0.6% | +9% shares | |
| WideOpenWest Inc | $16.35M | 0.6% | +36% shares | |
| Onto Innovation Inc. | ONTO | $15.96M | 0.6% | -35% shares |
| Element Solutions Inc. | ESI | $15.51M | 0.5% | -11% shares |
| Astronics Corporation | ATRO | $14.51M | 0.5% | -20% shares |
| OLO Inc | $14.04M | 0.5% | unchanged |
What changed since Q1 2023
Against the Q1 2023 filing, Bares Capital Management opened 1 new position, added to 13, trimmed 14, left 10 unchanged and exited 2. Every position is compared, matched on its CUSIP; a change of 2% or less in shares counts as unchanged.
Other quarters
Source: SEC Form 13F-HR, accession 0001340807-23-000007, filed by Bares Capital Management, Inc.. Values are as filed and cover US-listed positions only; a 13F does not show short positions or holdings outside the US. A 13F may be filed up to 45 days after the quarter ends, so the fund may have traded since. Educational information, not financial advice.