Bares Capital Management - Performance Analysis

Investment performance metrics based on historical 13F filings data.

📊 Data Coverage: June 2013 to September 2025 • Initial Portfolio Value: $0.00B

Performance calculated from first filing in our database. This may not represent the investor's entire career.

Portfolio Growth (Since First Filing)

+1.08B

+9,999%+

Winning Positions

+68.18%

75 wins / 110 positions

Average Gain (Winners)

$18.81M

+9,999%+ avg per position

Active Positions

24

28 losing positions

Portfolio Value Over Time

Current: $1.1B
Change: +$1.1B (242604.72%)
$2.7B$1.4B$178.6K
Jun 2013Sep 2019Sep 2025

Total Positions Tracked

110

All holdings over time

Win/Loss Ratio

2.68

75 gains / 28 losses

Active vs. Exited

24 / 86

Current positions / Exited

Position Performance

75 Gains / 28 Losses

Performance calculated from first appearance in 13F filings. Initial values represent position value when first tracked, not actual purchase prices.

SymbolCompanySectorEntryStatusInitial ValueCurrent ValueGain/LossReturn %
PEGAPegasystems Inc.TechnologySep 2019ACTIVE$31.40K$194.37M$194.34M+9,999%+
SQBlock, Inc.TechnologyJun 2018ACTIVE$359.00$143.95M$143.95M+9,999%+
WDAYWorkday, Inc.TechnologyJun 2018ACTIVE$392.00$142.93M$142.93M+9,999%+
IBKRInteractive Brokers Group, Inc.Financial ServicesSep 2015ACTIVE$36.50K$141.79M$141.75M+9,999%+
PLNTPlanet Fitness, Inc.Consumer CyclicalJun 2021EXITED$41.67K$134.81M$134.76M+9,999%+
RDFNRedfin CorporationReal EstateMar 2021EXITED$341.62K$116.91M$116.57M+9,999%+
CSGPCoStar Group, Inc.Real EstateJun 2016ACTIVE$58.52K$103.46M$103.40M+9,999%+
ETSYEtsy, Inc.Consumer CyclicalJun 2021ACTIVE$83.79K$94.66M$94.58M+9,999%+
ALGNAlign Technology, Inc.HealthcareDec 2018ACTIVE$18.61K$76.35M$76.33M+9,999%+
WWayfair Inc.Consumer CyclicalMar 2019ACTIVE$236.51K$60.07M$59.84M+9,999%+
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Important Note: Data Limitations

These metrics are based on 13F filing data which has significant limitations:

  • Quarterly Snapshots Only: 13F filings show positions at quarter-end, not actual transaction prices
  • No Transaction Prices: We cannot determine actual buy/sell prices, only end-of-quarter values
  • Performance Estimates: Gains/losses are calculated from first appearance to last update using quarterly values
  • Missing Data: Intra-quarter trades, dividends, corporate actions, and exact timing are not captured
  • Educational Only: These metrics are estimates for understanding general investment patterns, not actual realized returns

Use these metrics for informational and educational purposes only. They represent broad trends, not precise investment performance.